Home Building & Loan Association v. Blaisdell - Significance, Supreme Court Finds That The Contract Clause Is Not Absolute, Size Of The Supreme Court
Appellant
Home Building & Loan Association
Appellee
John H. Blaisdell
Appellant's Claim
That the 1933 Minnesota Mortgage Moratorium Law, intended to avert mortgage foreclosures during the Great Depression, violated the Contract Clause of Article I of the Constitution, which bars state impairment of the obligations of contracts.
Chief Lawyers for Appellant
Karl H. Covell, Alfred W. Bowen
Chief Lawyers for Appellee
Harry H. Peterson, William S. Ervin
Justices for the Court
Louis D. Brandeis, Benjamin N. Cardozo, Charles Evans Hughes (writing for the Court), Owen Josephus Roberts, Harlan Fiske Stone
Justices Dissenting
Pierce Butler, James Clark McReynolds, George Sutherland, Willis Van Devanter
Place
Washington, D.C.
Date of Decision
8 January 1934
Decision
By a vote of 5-4, the Supreme Court upheld the Minnesota statute.
Related Cases
- Railroad Commission Cases, 116 U.S. 307 (1886).
- Block v. Hirsch, 256 U.S. 135 (1921).
- Marcus Brown Holding Co. v. Feldman, 256 U.S. 170 (1921).
- Edgar A. Levy Leasing Co. v. Siegel, 258 U.S. 242 (1922).
- Stephenson v. Binford, 287 U.S. 251 (1932).
Sources
World Book Encyclopedia, 1993, p. 364.
Further Readings
- Butler, Henry N. The Corporation and the Constitution. Washington, DC: AEI Press, 1995.
- Lash, Joseph P. Dealers and Dreamers: A New Look at the New Deal. New York: Doubleday, 1988.
- Leuchtenburg, William Edward. The Supreme Court Reborn: The Constitutional Revolution in the Age of Revolution. New York: Oxford University Press, 1995.
User Comments Add a comment…
almost 2 years ago
efto1 » lbrt_franklin ((at)) yahoo dot com
If Baroque really wants to create a national stimulus package, he should stick with what would end the war in both Iraq and Afghanistan that's by giving back money taken from former black African Christians who were cast into slavery in the Americas and the West Indies. Otherwise, he will need to show demonstrate that South American nations which in the past borrowed money from the United States are on the brink of going under, as Bear Stearns got Democrats to cough up
[$38 billion dollars] even more than what Bush wanted to pay them [$2.3 million dollars]. Baroque will need to address in detail, and declare it a fallacy, bankers and money lenders
them inceased home foreclosures up from normally 800 thousand per year to
an astounding 1.8 million per annum by
playing the latest stock market instrument which he will neeed to say has absoultely zilch to do with rogue bankers and money lenders who played the latest stock market instrument though they didn't make a single time,
as a Las Vegas casino-hotel of the same name, HEDGED MONTE-CARLO, seemed to have caught fire!