|
|
Sexton v. Dreyfus, 219 U.S. 339 (1911)
Contents:
Show Summary
Hide Summary
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.
Sexton v. Dreyfus, 219 U.S. 339 (1911)
Sexton v. Dreyfus No. 662, 663 Submitted January 6, 1911 Decided January 23, 1911 219 U.S. 339
APPEALS FROM THE CIRCUIT COURT OF APPEALS
FOR THE SECOND CIRCUIT
Syllabus
Under the Bankruptcy Act of 1898, a secured creditor selling his securities after the filing of the petition must apply the proceeds, other than interest and dividends accrued since the date of the petition, first to the liquidation of the debt with interest to the date of the petition; he cannot first apply such proceeds to interest accrued since the petition.
A secured creditor of a bankrupt can apply interest and dividends accruing on the securities after the date of the petition to interest on the debt accruing after such date.
The English rule and authorities discussed and approved.
180 F. 79 reversed.
The facts, which involve the construction of certain provisions of the Bankruptcy Act of 1898, are stated in the opinion.
Contents:
Chicago:
U.S. Supreme Court, "Syllabus," Sexton v. Dreyfus, 219 U.S. 339 (1911) in 219 U.S. 339 219 U.S. 343. Original Sources, accessed July 1, 2025, http://www.originalsources.com/Document.aspx?DocID=HSRW4FZYQ45RIKU.
MLA:
U.S. Supreme Court. "Syllabus." Sexton v. Dreyfus, 219 U.S. 339 (1911), in 219 U.S. 339, page 219 U.S. 343. Original Sources. 1 Jul. 2025. http://www.originalsources.com/Document.aspx?DocID=HSRW4FZYQ45RIKU.
Harvard:
U.S. Supreme Court, 'Syllabus' in Sexton v. Dreyfus, 219 U.S. 339 (1911). cited in 1911, 219 U.S. 339, pp.219 U.S. 343. Original Sources, retrieved 1 July 2025, from http://www.originalsources.com/Document.aspx?DocID=HSRW4FZYQ45RIKU.
|