Board of Trade of City of Chicago v. Olsen

Board of Trade of City of Chicago v. Olsen, 262 U.S. 1 (1923), is a United States Supreme Court decision in which the Court upheld the Grain Futures Act as constitutional under the Commerce Clause of the United States Constitution.^[1]

Full case nameBoard of Trade of City of Chicago, et al. v. Olsen, U.S. Atty., et al.

Citations262 U.S. 1 (more)

43 S. Ct. 470; 67 L. Ed. 839

PriorBill in equity dismissed, N.D. Ill.

MajorityTaft, joined by McKenna, Holmes, Van Devanter, Brandeis, Butler

Quick facts Argued February 26, 1923 Decided April 16, 1923, Full case name ...

Board of Trade of City of Chicago v. Olsen
Supreme Court of the United States
Argued February 26, 1923 Decided April 16, 1923
Full case name	Board of Trade of City of Chicago, et al. v. Olsen, U.S. Atty., et al.
Citations	262 U.S. 1 (more) 43 S. Ct. 470; 67 L. Ed. 839
Case history
Prior	Bill in equity dismissed, N.D. Ill.
Holding
The Grain Futures Act did not exceed the powers of Congress under the Commerce Clause.
Court membership
Chief Justice William H. Taft Associate Justices Joseph McKenna · Oliver W. Holmes Jr. Willis Van Devanter · James C. McReynolds Louis Brandeis · George Sutherland Pierce Butler · Edward T. Sanford
Case opinions
Majority	Taft, joined by McKenna, Holmes, Van Devanter, Brandeis, Butler
Dissent	McReynolds, Sutherland
Laws applied
U.S. Const. art. I, sec. 8, cl. 3; 42 Stat. 998, c. 369 (Grain Futures Act)

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