State v. McGinnis.
Supreme Court of North Carolina
INDICTMENT against E. C. McGinnis, beard by Judge Walter H. Neal and a jury, at tbe March Criminal Term, 1905, of. tbe Superior Court of Wake County. Erom a judgment of “guilty” upon a special verdict, tbe defendant appealed.
1Opinion of the CourtClark, C. J.
Tliis is an indictment under chapter 538, Laws 1905, “to prevent dealing in futures.”
By chapter 221, Laws 1889, “to suppress and prevent certain kinds of vicious contracts,” it was in substance enacted as follows: section one made void all contracts for the sale of articles therein named for future delivery, wherein (notwithstanding any terms used) it is not intended that the articles agreed to be sold and delivered shall be actually delivered, but only the difference' between the contract price and the market value at the time stipulated shall be paid. Section two enacted that when the…
2Cases cited10 opinions
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- Clews v. JamiesonSupreme Court of the United States · 1901
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- Jamieson v. WallaceIllinois Supreme Court · 1897
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3Cited by14 opinions
- Durham v. Cotton Mills.Supreme Court of North Carolina · 1906
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- Randolph v. HeathSupreme Court of North Carolina · 1916
- Rodgers, McCabe & Co. v. BellSupreme Court of North Carolina · 1911
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