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Price v. Gurney, 324 U.S. 100 (1945)
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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.
Price v. Gurney, 324 U.S. 100 (1945)
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Price v. Gurney No. 410 Argued January 12, 1945 Decided February 5, 1945 324 U.S. 100
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SIXTH CIRCUIT
Syllabus
1. The bankruptcy court is without jurisdiction to entertain a Chapter X petition filed on behalf of a corporation (organized under state law) by stockholders who, under the local law, are without authority to institute such proceedings, even though that authority might have been obtainable under the local law by proceedings in another forum. P. 106.
2. Under the Bankruptcy Act, the power of the bankruptcy court over the debtor and its property prior to the approval of the petition does not extend to this situation. P. 106.
142 F.2d 404 reversed.
Certiorari, 33 U.S. 696, to review the reversal of an order of the bankruptcy court dismissing a petition under Chapter X of the Bankruptcy Act.
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Chicago:
U.S. Supreme Court, "Syllabus," Price v. Gurney, 324 U.S. 100 (1945) in 324 U.S. 100 324 U.S. 101. Original Sources, accessed August 30, 2025, http://www.originalsources.com/Document.aspx?DocID=UXJBNPECR79FV5F.
MLA:
U.S. Supreme Court. "Syllabus." Price v. Gurney, 324 U.S. 100 (1945), in 324 U.S. 100, page 324 U.S. 101. Original Sources. 30 Aug. 2025. http://www.originalsources.com/Document.aspx?DocID=UXJBNPECR79FV5F.
Harvard:
U.S. Supreme Court, 'Syllabus' in Price v. Gurney, 324 U.S. 100 (1945). cited in 1945, 324 U.S. 100, pp.324 U.S. 101. Original Sources, retrieved 30 August 2025, from http://www.originalsources.com/Document.aspx?DocID=UXJBNPECR79FV5F.
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