Section 151. Rights of bankruptcy trustee

151. Rights of bankruptcy trustee. —For the purpose of performing his functions under this Chapter, the bankruptcy trustee may, by his official name— - (a) hold property of every description; - (b) make contracts; (c) sue and be sued; (d) enter into engagements in respect of the estate of the bankrupt; - (e) employ persons to assist him; (f) execute any power of attorney, deed or other instrument; and (g) do any other act which is necessary or expedient for the purposes of or in connection with the exercise of his rights.