...appointment and qualification, and his successor or successors, if he shall have one or more, upon his or their appointment and qualification, shall in turn...bankrupt as of the date he was adjudged a bankrupt." (i Fed. Stat. Annotated, sec. 70, p. 697.) We are of the opinion, therefore, the question of title...

...necessary effect of his act " (4). III. The clause in section 70, providing that the trustee shall be vested by operation of law with the title of the bankrupt " as of the date when he was adjudged a bankrupt," does not affect the question. The purpose of that clause was to protect...

...appointment and qualification, and his successor or successors, if he shall have one or more, upon his or their appointment and qualification, shall in turn...bankrupt, as of the date he was adjudged a bankrupt." Under these sections as uniformly construed, the title of the trustee relates back to the time of the...

...appointment and qualification, and his successor or successors, If he shall have one or more, upon their appointment and qualification, shall In turn...as of the date he was adjudged a bankrupt, except In so far as It is to property which is exempt, to all • » • "(5) property which prior to the...

...trustee of the estate of a bankrupt * • • and his successor or successors » « » shall, in their turn, be vested by operation of law with the title...as of the date he was adjudged a bankrupt, except in so far as It is to property which is exempt," etc. Section 70a. It seems clear to us that this language...

...docs not get his right to proceed against Lutz under section 70, Bankr. Law 1898. providing that he "shall in turn be vested by operation of law with the title of the bankrupt, as of the <lute he was adjudged a bankrupt, except in so far as it is to property which is exempt, to all," etc.,...

...it is clear that under section 70a of the Bankruptcy Law (Сотр. St. § 9654) the trustee would be vested by operation of law with the title of the bankrupt as of the date he was adjudicated, because the cash surrender value and the loan value of the ten insurance policies under...

...of 1898 [Сотр. St § 9654], the trastee of the estate, on his appointment and qualification, is vested by operation of law with the title of the bankrupt as of the date he was adjudicated a bankrupt; but there are many provisions of the law which show its purpose to hold the...

...act (Act July 1, 1898, c. 541, 30 Stat. 565,'5i)C. [US Сотр. St. 1901, p. 3451]) the trustee is vested by operation of law with the title of the bankrupt as of the date when he was adjudged a bankrupt to all "(5) property which, prior to the filing of the petition, he...

...and in possession of the life estate. Section 70 of the Bankrupt Act vests the Trustee in bankruptcy, by operation of law, with the title of the bankrupt, as of the date of adjudication, of all property which, prior to the filing of the petition, the bankrupt could by...