..."The trustee of the estate of a bankrupt, upon his appointment and qualification, and his successor or successors, if he shall have one or more, upon his...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 their appointment and qualification, shall In turn...so far as It is to property which is exempt, to all • » • "(5) property which prior to the filing of the petition he could by any means have transferred...

..."The trustee of the estate of a bankrupt, upon his appointment and qualification, and his successor or successors, if he shall have one or more, upon his...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...

...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...except in so far as It is to property which is exempt," etc. Section 70a. It seems clear to us that this language of the statute leaves no room for argument...

...section 70a (30 Stat. 565 [US Comp. St. 1901, p. 3451]) of the act providing that the trustee "shall be vested by operation of law with the title of the...as of the date he was adjudged a bankrupt, except so far as it is to property which is exempt to * * * property which prior to the filing of the petition...

...1898, c. 541, 30 Stat 5C5 [U. 8. Comp. St. 1901, p. 3451]) provides that the trustee shall be vested with: " 'The title of the bankrupt, as of the date...was adjudged a bankrupt, except in so far as It Is property which is exempt, to all ; * * • " '(3) Powers which he might have exercised for his own...

...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...