Waterman S. S. Corporation v. Brill

This is a question of legislative interpretation by a court whose opinion is not conclusive and is only effective until the Supreme Court of the United States shall speak. It is our province to make the interpretation which we think will accord with that of the court which has final authority. As we undertake that task, there are only two considerations to guide us. One is the trend of judicial opinion manifested in that court of final jurisdic tion, or two, in the absence of any clear direction from that source, to make the interpretation as we think is consistent with the rules and…