What is the limitation of recovery for one-half of net proceeds of sale under s. 12 of the Assignments and Preferences Act?

I accept that Buchar offers no explanation for limiting recovery to one-half of the net proceeds of sale and that, arguably, the court was holding the wife liable only for the husband’s one-half interest in the net proceeds of sale. Nonetheless, I do not accept the appellant’s argument that he ought not to be held liable for one-half of the net sale proceeds because he has paid his wife that amount. I reject that argument based on the wording of s. 12 of the Assignments and Preferences Act, and this court’s decision in Allen v. Hennessey.