...either the letter or the equity of that subsection. Then we have subsections d and e of that section : ''Liens given or accepted in good faith and not in...necessary in order to impart notice, shall not be affected by this act." . Subsection e deals with conveyances which are void at common law because made...

...proceeding at law or in equity shall be dissolved," etc. The act also provides (section (ml) "that liens given or accepted in good faith and not in contemplation...necessary, in order to impart notice, shall not be affected by this act.'' It is thus clear to us that the design of congress was to protect all liens,...

...liens as against the claims of the creditors of the bankrupt shall not be Hens against his estate." "(d) Liens given or accepted In good faith and not...according to law, If record thereof was necessary 5n order to Impart notice shall not be affected by this act" Also (Act July 1, 1898, c. 541, § 70a,...

...c. 541, 30 Stat. 564 [US Comp. St. 1901, p. 3451]) that: "Liens given or accepted in good faith find not in contemplation of or In fraud upon this act,...necessary in order to impart notice, shall not be affected by this act." This requires that the money realized from the sale of property on which there...

...covered by section 67d (30 Stat. 564 [US Comp. St. 1901, p. 3449]) of the act, which is as follows: "Liens given or accepted in good faith, and not in...according to law, if record thereof was necessary to impart notice, shall not be affected by this act" The two sections must be considered together,...

...creditors represented by the trustee. Section 67d protects "liens given or accepted in good faith * * * and for a present consideration, which have been recorded...thereof was necessary in order to impart notice." The liens thus saved are liens, not promises to give liens, not equitable claims that what ought to...

...declares that liens given or accepted in good faith, and not In contemplation of or in any fraud of the act, and for a present consideration, which have been recorded according to law, if record is necessary to Impart notice, shall not be affected by the act. Held, that though, under section 70a,...

...declares that liens given or accepted in good faith, and not in contemplation of, or in fraud upon, the act, and for a present consideration, which have been recorded according to law, shall to the extent of such present consideration only not be affected by the act. The amendment added...

...provides that liens given or accepted In good faith, and not In contemplation of or In fraud upon the act, and for a present consideration, which have been recorded according to law, shall not be affected by It. Now, the consideration of the new mortgages was paid partly in cash. To...

...good faith and not in contemplation of or in fraud upon this act, and for a present consideration, and which have been recorded according to law, if record...thereof was necessary in order to impart notice," and "not obtained in or by reason of any proceeding at law or in equity or through legal proceedings,"...