Louis Brandeis

“ But the judgment of the state court does not purport to deal with the property. The sole question involved there was the existence and amount of Margolies' claim against the corporation, and the sole question involved here is the proof of that claim. There is no inherent reason why the adjudication of the liability of the debtor in personam may not be had in some court other than that which has control of the res. It is only necessary that in the receivership proof of the claim be made in an orderly way, so that it may be established who the creditors are and the amounts due them. ”

“ The contention that the judgment is not conclusive rests upon the argument that, because the appointment of the receiver draws to the appointing court control of the assets and in the distribution of them among creditors there is necessarily involved a determination, both of the existence of the claim and of the amount of the indebtedness, the federal court must have the exclusive power to make that determination. ”

“ Co. (C. C. A.) 41 F. 551; Dillingham v. Hawk (C. C. A.) 60 F. 494, 23 L. R. A. 517; St. Louis S. W. Ry. Co. v. Holbrook (C. C. A.) 73 F. 112; Willcox v. Jones (C. C. A.) 177 F. 870; Manhattan Trust Co. ”