Summary

Portrait of Samuel Freeman Miller Samuel Freeman Miller Bailey Assignee v. Glover — Opinion of the Court

If it is intended to argue that until some one asserts in words that he claims a right to property transferred to the assignee by virtue of the act, which is adverse to the bankrupt, the statute does not begin to run though such person is in possession of the property, acting as owner, and admitting no other title to it, we think the construction of the proviso entirely too narrow.
Source: Wikisource

Portrait of Samuel Freeman Miller Samuel Freeman Miller Bailey Assignee v. Glover — Opinion of the Court

It is a wise policy, and if those who administer the law could be induced to act upon its spirit, would do much to make the statute more acceptable than it is. But instead of this the inferior courts are filled with suits by or against assignees, each of whom as soon as appointed retains an attorney, if property enough comes to his hands to pay one, and then instead of speedy sales, reasonable compromises, and efforts to adjust differences, the estate is wasted in profitless litigation, and the fees of the officers who execute the law.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature