Legal Opinion
Board of Trade of City of Chicago v. Wallace
Court of Appeals for the Seventh Circuit
Decided October 31, 1933No. 4817PublishedCited by 10 opinions
1Opinion of the Court
ALSCHULER, Circuit Judge.
The Board of Trade of the City .of Chicago appeals from an order of the commission, constituted under section 6 (a) of the Grain Futures Act of September 21, 1922 (42 Stat. 998 ; 7 U. S. C. § 1 et seq. [7 USCA § 8]), suspending for sixty days the designation by the Secretary of Agriculture, pursuant to said act, of the Board of Trade as a “contract market.”
The basis for the suspension was the refusal to admit Farmers National Grain Corporation to membership in the Board of Trade Clearing Corporation, in alleged violation of section 5 (e) of the Grain Futures Act (7…
2Cases cited3 opinions
- Hill v. WallaceSupreme Court of the United States · 1922
- Board of Trade of Chicago v. OlsenSupreme Court of the United States · 1923
- Farmers' Livestock Commission Co. v. United StatesDistrict Court, E.D. Illinois · 1931
3Cited by10 opinions
- Cella v. United StatesCourt of Appeals for the Seventh Circuit · 1953
- Wright v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1940
- Seligson v. New York Produce ExchangeDistrict Court, S.D. New York · 1975
- Seligson v. New York Produce ExchangeDistrict Court, S.D. New York · 1974
- Nelson v. Secretary of AgricultureCourt of Appeals for the Seventh Circuit · 1943
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