Page:United States Statutes at Large Volume 52.djvu/884

 52 STAT.] 75TH CONG. , 3D SESS.-CH. 575-JUNE 22, 1938 843 protect the interests of creditors after the filing of the petition and until it is dismissed or the trustee is qualified; and to authorize such receiver, upon his application, to prosecute or defend any pending suit or proceeding by or against a bankrupt or to commence and prosecute any suit or proceeding in behalf of the estate, before any judicial, legislative, or administrative tribunal in any jurisdiction, until the petition is dismissed or the trustee is qualified: Provided, Proio. however, That the court shall be satisfied that such appointment or C on d i ti on authorization is necessary to preserve the estate or to prevent loss thereto; "(4) Arraign, try, and punish persons for violations of this Act, Vioations. in accordance with the laws of procedure of the United States now in force, or such as may be hereafter enacted, regulating trials for the alleged violation of laws of the United States; "(5) Authorize the business of bankrupts to be conducted for Conductof busin, of bankrupts. limited periods by receivers, the marshals, or trustees, if necessary p. in the best interests of the estates, and allow such officers additional compensation for such services, as provided in section 48 of this Pot, p. s61. Act; "(6) Bring in and substitute additional persons or parties in Addition, etc., proceedings under this Act when necessary for the complete deter- pt 8 in promedini mination of a matter in controversy; "(7) Cause the estates of bankrupts to be collected, reduced to eCoectio, etc., money and distributed, and determine controversies in relation thereto, except as herein otherwise provided, and determine and liquidate all inchoate or vested interests of the bankrupt's spouse in the property of any estate, whenever under the applicable laws of the State, creditors are empowered to compel such spouse to accept a money satisfaction for such interest; "(8) Close estates, by approving the final accounts and dischar- losing of estates ing the trustees, whenever it appears that the estates have been fully administered or, if not fully administered, that the parties in interest will not furnish the indemnity necessary for the expenses of the proceeding or take the steps necessary for the administration of the estate; and reopen estates for cause shown; "(9) Confirm or reject arrangements or plans proposed under this Confirmation or Act, set aside confirmations of arrangements or wage-earner plans etio of plas, etc. and reinstate the proceedings and cases; "(10) Consider records, findings, and orders certified to the judges Consderation, et( by referees, and confirm, modify, or reverse such findings and orders, of referees. or return such records with instructions for further proceedings; "(11) Determine all claims of bankrupts to their exemptions; Determination i "(12) Discharge or refuse to discharge bankrupts and set aside s for en. discharges and reinstate the cases; Discharges. "(13) Enforce obedience by persons to all lawful orders, by fine derforoement of o or imprisonment or fine and imprisonment; "(14) Extradite bankrupts from their respective districts to other Extradition. districts; "(15) Make such orders, issue such process, and enter such judg- dorders proe ments, in addition to those specifically provided for, as may be necessary for the enforcement of the provisions of this Act: Provided, CO.on to r however, That an injunction to restrain a court mstrain a court may be issued by the judgeoludge only. "(16) Punish persons for contempts committed before referees; Contempts befoi "(17) Approve the appointment of trustees by creditors or appoint Tfestees, approve trustees when creditors fail so to do; and, upon complaints of credi- of appontments, et tors or upon their own motion, remove for cause receivers or trustees upon hearing after notice; )es of gs. of L rs »t p- to- S. e0 ly al e.

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