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Gardner v. Chicago Title & Trust Co., 261 U.S. 453 (1923)
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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.
Gardner v. Chicago Title & Trust Co., 261 U.S. 453 (1923)
Gardner v. Chicago Title & Trust Company No. 317 Argued March 15, 1923 Decided April 9, 1923 261 U.S. 453
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SEVENTH CIRCUIT
Syllabus
A state bank, holding a secured note, the maker of which became a bankrupt, itself went into insolvency proceedings under the state law after it had accepted, with knowledge of the bankruptcy, deposits of funds of the bankrupt estate made by the trustees in bankruptcy, who were not shown to have known of the note at the time.
Held that the bankruptcy court should allow the bank’s claim for the amount due on the note, above the value of the security, but withhold dividends until the debt due the trustees had been paid. P. 56.
278 F. 509 reversed.
Certiorari to an order of the circuit court of appeals directing dismissal of a petition for set-off made by a trustee in bankruptcy.
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Chicago:
U.S. Supreme Court, "Syllabus," Gardner v. Chicago Title & Trust Co., 261 U.S. 453 (1923) in 261 U.S. 453 261 U.S. 455. Original Sources, accessed August 30, 2025, http://www.originalsources.com/Document.aspx?DocID=5GSW199JP5F6LU6.
MLA:
U.S. Supreme Court. "Syllabus." Gardner v. Chicago Title & Trust Co., 261 U.S. 453 (1923), in 261 U.S. 453, page 261 U.S. 455. Original Sources. 30 Aug. 2025. http://www.originalsources.com/Document.aspx?DocID=5GSW199JP5F6LU6.
Harvard:
U.S. Supreme Court, 'Syllabus' in Gardner v. Chicago Title & Trust Co., 261 U.S. 453 (1923). cited in 1923, 261 U.S. 453, pp.261 U.S. 455. Original Sources, retrieved 30 August 2025, from http://www.originalsources.com/Document.aspx?DocID=5GSW199JP5F6LU6.
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