Ray v. Norseworthy
Supreme Court of the United States
Error to tbe Supreme Court of Louisiana. The case was thus: The first section of the Bankrupt Act enacts: “ That the several District Courts be and hereby are constituted courts of bankruptcy. . . . And the jurisdiction hereby conferred shall extend to all cases and controversies arising between the bankrupt and any creditor or creditors who shall claim any debt or demand under the bankruptcy ; to the collection of all the assets of the bankrupt; to the ascertainment and…
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Error to tbe Supreme Court of Louisiana. The case was thus: The first section of the Bankrupt Act enacts: “ That the several District Courts be and hereby are constituted courts of bankruptcy. . . . And the jurisdiction hereby conferred shall extend to all cases and controversies arising between the bankrupt and any creditor or creditors who shall claim any debt or demand under the bankruptcy ; to the collection of all the assets of the bankrupt; to the ascertainment and liquidation of the liens and other specific claims thereon; to the adjustment of the various priorities and conflicting…
1Opinion of the CourtJustice Clifford
The theory of the plaintiff in error is that the title of the petitioners under the first mortgage and privilege was extinguished by the decree of the bankrupt court, and that the plaintiff acquired an absolute title to the land from the assignee in bankruptcy, discharged of all prior incumbrances and privileges.
1. Jurisdiction of the bankrupt courts extends to all cases and controversies arising between the bankrupt and any creditors who shall claim any debt or demand under the bankruptcy, to the collection of all the assets of the bankrupt, to the ascertainment and liquidation of the liens…
2Cited by82 opinions
- Mitchell v. W. T. Grant Co.Supreme Court of the United States · 1974
- Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935
- Isaacs v. Hobbs Tie & Timber Co.Supreme Court of the United States · 1931
- MacArthur Co. v. Johns-Manville Corp.Court of Appeals for the Second Circuit · 1988
- Matter of Johns-Manville Corp.United States Bankruptcy Court, S.D. New York · 1986
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