Oliver Wendell Holmes, Jr.

“ If we stopped with the opening averment, it is uncompromising: that the bankrupt transferred to the defendants, for the purpose of defrauding its creditors, $8,250 in cash. The declaration goes on to tell that the defendants, being largely interested in the bankrupt corporation, bought 275 shares of one Altgeld to prevent the depreciation of the stock on the market ”

“ If so, the suit is not to avoid a transfer by the bankrupt of its property, but a suit against wrongdoers, who have appropriated it without the bankrupt's assent, and therefore not within §§ 23b and 70e of the act. ”