All Wyoming Building & Loan Ass'n Case

Opinion by

Mr. Justice Linn,

The Insolvency Act of 1901, P. L. 404, 39 PS section 90, was held, in the United Security Trust Company Case, 321 Pa. 276, 184 A. 106, to be a declaration of the policy of the law requiring the courts, in the distribution of the property of insolvents, to apply the so-called bankruptcy rule instead of the equity rule, 1 in passing on claims secured by property of the insolvent. In Emlen’s Estate, 333 Pa. 238, we held that section 28, providing for the surrender by a claimant of security, was intended to require only the surrender oí property of the insolvent and not…