|
|
United States v. Coffee Exchange, 263 U.S. 611 (1924)
Contents:
Show Summary
Hide Summary
General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
United States v. Coffee Exchange, 263 U.S. 611 (1924)
Please note: this case begins in mid-page. It therefore shares a citation with the last page of the previous case. If you are attempting to follow a link to the last page of 263 U.S. 603, click here.
United States v. Coffee & Sugar Exchange, Inc. No. 331 Argued November 16, 1923 Decided January 28, 1924 263 U.S. 611
APPEAL FROM THE DISTRICT COURT OF THE UNITED STATES
FOR THE SOUTHERN DISTRICT OF NEW YORK
Syllabus
1. Sales of a commodity, upon an exchange, under contracts calling for actual delivery in the future but which in practice are cleared by the processes called "matching" and "ringing," serve useful and legitimate purpose, and are legal when not abused for illegal ends. P. 619.
2. The fact that the facilities of such an exchange, and the influence of the prices there prevailing upon sales elsewhere, may have been used by persons, not identified, in a criminal conspiracy to cause a rise of market prices is no basis for a suit under the Anti-Trust Law to enjoin the further operation of the exchange itself and its attendant clearing house, or for a mandatory injunction to reframe their rules. P. 620.
3. Provision of rules and regulations for the conduct of such exchanges to prevent future abuse by others of their lawful functions is a legislative, and not a judicial, office. P. 621.
Affirmed.
Appeal from a decree of the district court dismissing a suit for an injunction under the Anti-Trust Law.
Contents:
Chicago: U.S. Supreme Court, "Syllabus," United States v. Coffee Exchange, 263 U.S. 611 (1924) in 263 U.S. 611 263 U.S. 612–263 U.S. 615. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=8S5GNUJKSNUI1WN.
MLA: U.S. Supreme Court. "Syllabus." United States v. Coffee Exchange, 263 U.S. 611 (1924), in 263 U.S. 611, pp. 263 U.S. 612–263 U.S. 615. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=8S5GNUJKSNUI1WN.
Harvard: U.S. Supreme Court, 'Syllabus' in United States v. Coffee Exchange, 263 U.S. 611 (1924). cited in 1924, 263 U.S. 611, pp.263 U.S. 612–263 U.S. 615. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=8S5GNUJKSNUI1WN.
|