Peter Vivian Daniel

“ Such a claim of power in the federal government would justify the interference with, and the supervision by this court of any act of the State legislatures, and of every transaction of private life, and in the necessarily imperfect attempts to exercise such a power, would encumber it with a mass of business, which would disappoint and entirely prevent the performance of its legitimate duties. ”

“ The utmost that can be ojected to the action of the State is, that in a contest amongst the creditors of a failing corporation, the State, as one oF those creditors, and the largest creditor of the number, may have appropriated to herself a portion of the- assets of that corporation greater than would have been warranted by perfect equity, or other eauality, amongst all the creditors. ”