...provisions of Bankr. Act July 1, 1898. c. 541, 5 1, cl. 15, 30 Stat 544 [US Comp. St. 1901, p. 3418], that "a person shall be deemed insolvent within the provisions of this act whenever the abrogate of his property • • * shall not, at a fair valuation, be sufficient in amount to pay his...

...Smith, was insolvent, not only within the definition of insolvency given in the bankrupt act, viz. "that the aggregate of his property, exclusive of any property which he may have transferred, concealed or removed, or permitted to be transferred, concealed or removed, with intent...

...be found in section 3a. By section 3a, cl. 1, it is made an act of bankruptcy by the respondent to have "conveyed, transferred, concealed or removed or permitted to be concealed or removed, any part of his property with intent to hinder, delay or defraud his creditors or any part of them."...

...— Equity. Under the present bankruptcy law a debtor is insolvent when the aggregate of his property shall not at a fair valuation be sufficient in amount to pay his debts. The "reasonable cause to believe?' that a transfer by an insolvent debtor to a creditor within four...

...glven us a clear definition of a person who shall be deemed insolvent, and In clear terms excludes any property "which he may have conveyed, transferred,...Intent to defraud, hinder, or delay his creditors." This is the only exception within the statute, and the doctrine of "expressio unius, exclusio alterius"...

...effect a preference. In re FM & S. У. Carlile (DC) .19!) Fed. 612 ; In re Gaylord (DC) 225 t ed. 234. "A person shall be deemed insolvent within the provisions of this act, whenever tlie ustregatc of his property, exclusive of auy property which he may have conveyed, transferred,...

...on appellee to establish it. In the bankruptcy act of 1898 Congress defined insolvency us follows: "A person shall be deemed insolvent within the provisions...valuation, be sufficient in amount to pay his debts." Bankr. Act July 1, 1898, c. 541, § 1 (15), 30 Stat 544 [US Сотр. St. 1901, p. 3419]. The evidence...

...of fair valuation. "Insolvency" is defined In section 1, subd. 15, of the Bankruptcy Act as follows: "A person shall be deemed insolvent within the provisions...valuation, be sufficient In amount to pay his debts." Insolvency, under the definition contained in this section, turns on what Is a fair valuation of the...

...deemed insolvent ' whenever the aggregate of his property, exclusive of any property which may have been conveyed, transferred, concealed or removed, or permitted...valuation be sufficient in amount to pay his debts.'" 1 A very interesting judicial myth in this country is connected with the English doctrine of out and...

...Сотр. St. 1901, p. 81191) defines1 the meaning of the word "insolvent," as used ¡n the act to be: "A person shall be deemed insolvent, within the provisions...whenever the aggregate of his property, exclusive of auy property which be may have conveyed, transferred, concealed or removed, or permitted to be concealed...