Stephen Johnson Field

“ It is true, by section 4972 of the Revised Statutes, the jurisdiction of the district courts of the United States, as courts of bankruptcy, extends to all cases and controversies arising between the bankrupt and any creditor or creditors who may claim any debt or demand under the bankruptcy, and to the collection of the assets of the bankrupt, and, indeed, to all acts, matters, or things to be done under and in virtue of the bankruptcy, until the final distribution and settlement of his estate, and the close of the proceedings in bankruptcy. ”

“ Ct. rep. 1196, involved a question as to the authority of the assignee in bankruptcy to institute a suit touching any property, or rights of property, vested in him after the expiration of two years from the time when the cause of action accrued. ”