Meekins, Kelly & Co. v. Their Creditors

This case presents the first application by this tribunal of the act of Congress, approved 2d March, 1867, entitled ‘‘ an act to establish a uniform system of bankruptcy throughout the United States.”

By the 50 th section of that act, it is in force for certain purposes from the date of its approval.

The legal effect of this exercise by Congress of a power vested by the Constitution of the United States, is to repeal the insolvent laws of each particular State. Sturges v. Crowninshield, 4 Wheat. 122; Clarke v. Rosemba, 5 Rob. 27; Beach v. Miller, 15 An. 602. Story on the Constitution, l 1114.

And…