...provisions of this act whenever the aggregate of his property, exclusive of any property which he may have conveyed, transferred, concealed or removed, or permitted...valuation, be sufficient in amount to pay his debts. Eose dealt with • him as an insolvent, but he did not consciously accept the payment as a preference....

...condition of financial affairs of the alleged bankrupt "whenever the aggregate of his property » * * shall not at a fair valuation be sufficient in amount to pay his debts." 2. A decree of insolvency made pursuant to section 65 of the Corporation net and based in part upon...

...chapter 3, under the title "Bankrupts:" "Acts of bankruptcy by a person shall consist of his having (1) conveyed, transferred, concealed or removed, or permitted to be concealed or removed, any part of his property with intent to hinder, delay or defraud his creditors, or any of them: or...

...aggregate of his property, exclusive of any property which he may have conveyed, transferred, converted or removed, with intent to defraud, hinder or delay his creditors, shall not at a fair valuation, be j sufficient in amount to pay his debts." This is certainly a more practicable rule than the rather...

...person or corporation is insolvent whenever the aggregate of its property, exclusive of any property conveyed, transferred, concealed or removed or permitted...or removed with intent to defraud, hinder or delay creditors, is not, at a fair valuation, sufficient in amount to pay its debts." Other instructions...

...bankrupt proceeding. The only exclusion authorized by section 1, cl. 15, is of property "which he may have conveyed, transferred, concealed or removed, or permitted...intent to defraud, hinder or delay his creditors." If, then, these conveyances were found not to be such as described by this provision, and therefore...

...inferred that the aggregate of the company's property, exclusive of any property which it may have conveyed, transferred, concealed or removed, or permitted...or removed, with intent to defraud, hinder or delay its creditors, was not at a fair valuation, sufficient in amount to pay its debts. On the contrary...

...transferred, concealed or removed, or permitted to be transferred, concealed or removed, with intent to hinder or delay his creditors, shall not at a fair...valuation be sufficient in amount to pay his debts," but that, including this property, he was at the time hopelessly insolvent. It is equally clear that...

...valuation was sufficient in amount to pay his debts, exclusive of any property which he had conveyed, concealed, or removed, or permitted to be concealed...intent to defraud, hinder, or delay his creditors. Section 1, subd. 15, 30 Stat. 544 [US Comp. St. 1901, p. 3419]. A careful scrutiny of the testimony...

...predicated on insolvency. As defined in the act, a person is insolvent when the aggregate of his property shall not at a fair valuation be sufficient in amount to pay his debts. Insolvency is a jurisdictional fact, upon which every proceeding in bankruptcy must be based. In a...