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Pusey & Jones Co. v. Hanssen, 261 U.S. 491 (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.
Pusey & Jones Co. v. Hanssen, 261 U.S. 491 (1923)
Pusey & Jones Co. v. Hanssen No. 431 Argued February 27, 1923 Decided April 9, 1923 261 U.S. 491
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE THIRD CIRCUIT
Syllabus
1. In the absence of a statute, a suit for a receiver of an insolvent corporation cannot be maintained in the district court by an unsecured simple contract creditor. P. 497.
2. A remedial right to proceed in a federal court in equity cannot be enlarged by a state statute. P. 497.
3. Section 3883 of the Revised Code of Delaware, 1915, empowering the Chancellor to appoint a receiver for an insolvent corporation "on the application and for the benefit of any creditor," etc., does not confer upon the creditor a substantive right but merely provides a new remedy, which cannot affect proceedings of the federal courts in equity. P. 498.
4. A decree confirming and continuing a receivership of a corporation, entered without equity jurisdiction on the application of a simple unsecured contract creditor, could not be cured by the mere intervention afterwards of another party claiming to be a creditor with a mortgage lien on the corporation’s property. P. 501.
279 F. 488 reversed.
Certiorari to a decree of the circuit court of appeals affirming a decree of the district court confirming and continuing a receivership.
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Chicago:
U.S. Supreme Court, "Syllabus," Pusey & Jones Co. v. Hanssen, 261 U.S. 491 (1923) in 261 U.S. 491 261 U.S. 494. Original Sources, accessed August 30, 2025, http://www.originalsources.com/Document.aspx?DocID=S6WRFLIHVWZTTJN.
MLA:
U.S. Supreme Court. "Syllabus." Pusey & Jones Co. v. Hanssen, 261 U.S. 491 (1923), in 261 U.S. 491, page 261 U.S. 494. Original Sources. 30 Aug. 2025. http://www.originalsources.com/Document.aspx?DocID=S6WRFLIHVWZTTJN.
Harvard:
U.S. Supreme Court, 'Syllabus' in Pusey & Jones Co. v. Hanssen, 261 U.S. 491 (1923). cited in 1923, 261 U.S. 491, pp.261 U.S. 494. Original Sources, retrieved 30 August 2025, from http://www.originalsources.com/Document.aspx?DocID=S6WRFLIHVWZTTJN.
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