James Clark McReynolds

“ If a state desires to participate in the assets of a bankrupt, she must submit to appropriate requirements by the controlling power; otherwise, orderly and expeditious proceedings would be impossible and a fundamental purpose of the Bankruptcy Act would be frustrated. ”

“ An ill-digested brief for the State beclouds its present position. But we consider only the point relied upon in the petition for certiorari, and that is without merit.
The Federal Constitution clothes the Congress with power to establish uniform laws on the subject of bankruptcies.
The extant Bankruptcy Act-section 2 (11 USCA § 11) -declares the United States District Courts shall be courts of bankruptcy and undertakes to give them jurisdiction to adjudge persons bankrupt; to allow or disallow claims; to take charge of the property of bankrupts ”

“ It is admitted here, that as the United States and the States are not mentioned in the limitation of section 57, they are not bound thereby. The consequent necessity for bar orders is apparent. Otherwise, estates could not be promptly closed. ”