In re Levinson

NE'ÍERER, District Judge

(after stating the facts as above). The notes in issue were out of commerce, and title could only be transferred in harmony with the provisions of the Bankruptcy Act (Comp. St. §§ 9585-9656). Segen v. Fabacher, 136 La. 568 67 South. 369, 34 Am. Bankr. R. 89; In re Frazin, 181 Fed. 307, 104 C. C. A. 529.

Clinton, as trustee, could acquire no title. Schofield v. Baker (D. C.) 212 Fed. 504, affirmed 221 Fed. 322, 136 C. C. A. 320, and 243 U. S. 114, 37 Sup. Ct. 333, 61 L. Ed. 626. Nor can he profit by his omission to schedule the asset or failure to challenge the trustee’s…