Chicago Board of Trade v. Christie Grain

Chicago Board of Trade v. Christie Grain
Chicago Board of Trade v. Christie Grain
Seal of the United States Supreme Court.svg
Supreme Court of the United States
Argued April 20, 24–25, 1905
Decided May 8, 1905
Full case name Board of Trade of the City of Chicago, Petitioner v. Christie Grain & Stock Company and C. C. Christie
L. A. Kinsey Company et al., Petitioners, v. Board of Trade of the City of Chicago
Citations 198 U.S. 236 (more)
25 S.Ct. 637; 49 L.Ed. 1031
Holding
The sales of grain for future delivery and the substitution of parties was upheld.
Court membership
Case opinions
Majority Holmes, joined by Fuller, Brown, White, Peckham, McKenna
Dissent Harlan
Dissent Brewer
Dissent Day

Chicago Board of Trade v. Christie Grain, 198 U.S. 236 (1905), was a decision by the United States Supreme Court, which upheld sales of American grain for future delivery provided for by the rules of the Chicago Board of Trade of the state of Illinois. Justice Oliver Wendell Holmes, Jr. delivered the majority opinion of the court, in which he wrote:

People will endeavor to forecast the future and to make agreements according to their prophecy.

See also

Further reading

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Chicago Board of Trade — Coordinates: 41°52′40″N 87°37′56″W / 41.877821°N 87.632285°W / 41.877821; 87.632285 …   Wikipedia

  • Chicago — This article is about the U.S. city. For other uses, see Chicago (disambiguation). Windy City redirects here. For other uses, see Windy City (disambiguation). Chicago   City   City of Chicago …   Wikipedia

  • ringing up — A method by which a group of dealers on a board of trade discharge contracts for future delivery before delivery is due by a system of offsets, cancelations and adjustments of differences in lieu of actual delivery of the commodity sold; a more… …   Ballentine's law dictionary

  • direct settlement — A term common in board of trade transactions, signifying the method of settlement consisting simply in setting off contracts to buy a certain amount of a given commodity at a certain time, against contracts to sell a like amount of it at the same …   Ballentine's law dictionary

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

  • Toronto — This article is about the city in Canada. For other uses, see Toronto (disambiguation). City of Toronto redirects here. For the municipal government, see municipal government of Toronto. For the historical part of the city, see Old Toronto.… …   Wikipedia

  • List of United States Supreme Court cases, volume 198 — This is a list of all the United States Supreme Court cases from volume 198:SCOTUSTable | data =SCOTUSRow case name = John Benson v. William Henkel page = 1 decision date = decision year = 1905SCOTUSRow case name = Pabst Brewing Company v. G Y… …   Wikipedia

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

  • France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… …   Universalium

  • Twain–Ament indemnities controversy — The Twain–Ament indemnities controversy was a major cause célèbre in the United States of America in 1901 as a consequence of the published reactions of American humorist Mark Twain to reports of Rev. William Scott Ament and other missionaries… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”