Death or bankruptcy of employer

Except as is in this Act otherwise provided, the death or bankruptcy of an employer shall cause any contract of service to which he is a party to terminate on the expiration of one month from the date of death or bankruptcy of the employer unless the contract shall have been sooner lawfully terminated. The worker shall be entitled to all the benefits of the contract of service up to the expiration of the said month, and shall be bound, if required, to perform services for the widow or other person legally representing the deceased or bankrupt employer in his or her capacity as such, and such widow or other person shall legally be entitled to all the rights under and bound to perform all the stipulations of the contract of service to which the said employer was entitled or which he would have been bound to perform.