MR. JUSTICE BRADLEY delivered the opinion of the court. He stated the facts in the foregoing language, and continued:
We have to decide the question, whether a discharge in bankruptcy under the act of 1867 operates to discharge the bankrupt from a debt or obligation which arises from his appropriating to his own use collateral securities deposited with him as security for the payment of money or the performance of a duty, and his failure or refusal to return the same...
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