|
|
Holmberg v. Armbrecht, 327 U.S. 392 (1946)
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.
Holmberg v. Armbrecht, 327 U.S. 392 (1946)
Holmberg v. Armbrecht No. 505 Argued February 1, 1946 Decided February 25, 1946 327 U.S. 392
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SECOND CIRCUIT
Syllabus
1. Decision of a suit in a federal court to enforce a federally created equitable right is not controlled by the statute of limitations of the State of the forum. Guaranty Trust Co. v. York, 326 U.S. 99, distinguished. Accordingly, a class suit by creditors of a joint stock land bank to enforce the liability imposed upon shareholders of the bank by § 16 of the Federal Farm Loan Act is not barred by the state statute of limitations. P. 394.
2. Statutes of limitations are not controlling measures of equitable relief, but have been drawn upon by equity solely for the light they may shed in determining that which is decisive for the chancellor’s intervention, namely, whether the plaintiff has inexcusably slept on his rights, so as to make a decree against the defendant unfair. P. 396.
150 F.2d 829 reversed.
From a judgment for the plaintiffs in a suit to enforce a statutory liability of stockholders of a farm loan bank, the defendants appealed. The circuit court of appeals reversed. 150 F.2d 829. This Court granted certiorari. 326 U.S. 712. Reversed and remanded, p. 398.
Contents:
Chicago: U.S. Supreme Court, "Syllabus," Holmberg v. Armbrecht, 327 U.S. 392 (1946) in 327 U.S. 392 327 U.S. 393. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=A569V9VJTA4C33X.
MLA: U.S. Supreme Court. "Syllabus." Holmberg v. Armbrecht, 327 U.S. 392 (1946), in 327 U.S. 392, page 327 U.S. 393. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=A569V9VJTA4C33X.
Harvard: U.S. Supreme Court, 'Syllabus' in Holmberg v. Armbrecht, 327 U.S. 392 (1946). cited in 1946, 327 U.S. 392, pp.327 U.S. 393. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=A569V9VJTA4C33X.
|