| It is contended by the alleged bankrupt that the transfer is not within the purvue of he Bankruptcy Act. |
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| First of all, I do not think the program has in its purvue the maintenance of total effort. |
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| However, the decision to engage in programs is the purvue of each institution and the state in the case of public institutions. |
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| It is well established that to come within the purvue of the Corporate Securities Law, it is not necessary that tangible evidence of the security be issued. |
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| The program has in its purvue the phaseout of a portion of the real estate tax, which will mean that new money will be needed to phaseout that real estate tax. |
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