Chicago Board of Trade v. Christie Grain & Stock Co.

Chicago Board of Trade v. Christie Grain
Chicago Board of Trade v. Christie Grain
	Supreme Court of the United States
Argued April 20, 24–25, 1905; Decided May 8, 1905
Full case name	Board of Trade of the City of Chicago, Petitioner v. Christie Grain & Stock Company and C. C. Christie; L. A. Kinsey Company et al., Petitioners, v. Board of Trade of the City of Chicago
Citations	198 U.S. 236 (more) 25 S.Ct. 637; 49 L.Ed. 1031
Holding
	The sales of grain for future delivery and the substitution of parties was upheld.
Court membership
	Chief Justice; Melville Fuller
	Associate Justices; John M. Harlan · David J. Brewer; Henry B. Brown · Edward D. White; Rufus W. Peckham · Joseph McKenna; Oliver W. Holmes, Jr. · William R. Day
Case opinions
Majority	Holmes, joined by Fuller, Brown, White, Peckham, McKenna
Dissent	Harlan
Dissent	Brewer
Dissent	Day

Chicago Board of Trade v. Christie Grain, 198 U.S. 236 (1905), was a decision by the United States Supreme Court, which upheld sales of American grain for future delivery provided for by the rules of the Chicago Board of Trade of the state of Illinois. Justice Oliver Wendell Holmes, Jr. delivered the majority opinion of the court, in which he wrote:

People will endeavor to forecast the future and to make agreements according to their prophecy.

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