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Graham v. White-Phillips Co., Inc., 296 U.S. 27 (1935)
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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.
Graham v. White-Phillips Co., Inc., 296 U.S. 27 (1935)
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Graham v. White-Phillips Co., Inc. No. 29 Argued October 23, 24, 1935 Decided November 11, 1935 296 U.S. 27
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SEVENTH CIRCUIT
Syllabus
1. A construction of the Illinois Uniform Negotiable Instrument Act, by the Appellate Court of Illinois, not approved by the state Supreme Court otherwise than by a naked denial of an application for review of the case by certiorari, is not binding on the federal courts. P. 30.
2. One who purchases a stolen negotiable bond in good faith before maturity, for a valuable consideration, may be a holder in due course despite the fact that notice of the theft had previously come to him, if, through forgetfulness or negligence, he had it not in mind when purchasing. Illinois Negotiable Instrument Act, § 52(4); § 56, construed. P. 31.
3. This is the better doctrine which should be accepted by the federal courts in the absence of an authoritative ruling in the State whose laws apply. P. 32.
4 F.2d 417 affirmed.
Certiorari, 295 U.S. 728, to review a judgment reversing a decree of the District Court in favor of the petitioner. The proceeding originated in the state court, where the petitioner and respondent here were interpleaded, and was removed to the District Court on the ground of diversity of citizenship.
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Chicago: U.S. Supreme Court, "Syllabus," Graham v. White-Phillips Co., Inc., 296 U.S. 27 (1935) in 296 U.S. 27 296 U.S. 28. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=HND45BTWAWZIV3W.
MLA: U.S. Supreme Court. "Syllabus." Graham v. White-Phillips Co., Inc., 296 U.S. 27 (1935), in 296 U.S. 27, page 296 U.S. 28. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=HND45BTWAWZIV3W.
Harvard: U.S. Supreme Court, 'Syllabus' in Graham v. White-Phillips Co., Inc., 296 U.S. 27 (1935). cited in 1935, 296 U.S. 27, pp.296 U.S. 28. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=HND45BTWAWZIV3W.
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