...successors, if he shall have one or more, upon his or their appointment and qualification, shall in turn be vested, by operation of law, with the title of...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...

...intended the 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...

...Carter v. Hobbs, 92 Fed. 594. It ia to be noted that by section 70a the trustee, upon his appointment and qualification, shall be vested, by operation of...bankrupt, as of the date he was adjudged a bankrupt, to "(4) property transferred by him in fraud of his creditors." The result is that all such property is...

...section 703, Act July i, 1898, 30 Stat. 565, c. 541 [US Comp. St. 1901, p. 3451] : "The trustee * * * shall * * • be vested by operation of law with the...of the date he was adjudged a bankrupt, « * * to * » • property which prior to the filing of the petition he could by any means have transferred...

...successors, if he shall have one or more, upon his or their appointment and qualification, shall in turn be vested by operation of law with the title of the...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...

...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...

...respondent, under the rules above quoted. The Hankruptcy Act (Section 70n) declares that a trustee "shall « • • be vested by operation of law with the title of the bankrupt" as of the date of adjudication, to nil (1) property which prior to the filing of the petition he (the bankrupt) could...

...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...

...relied on is as follows: " 'Section 70a. The trustee of the estate of a bankrupt, upon his appointment and qualification * • • shall be vested by operation of law with the title of the bankrupt * * * to all (5) property which prior to the filing of the petition he could by any means have transferred,...

...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.,...