Wabash Ry Co v. Barclay Austin’s Empirical Analysis
280 U.S. 197 · 1930
Citation profile
4 federal appellate · 12 district · 21 state decisions
How this case has been cited
Cited by 62 later decisions (4 by the Supreme Court) — most recently September 2014 · most notably American Power & Light Co. v. Securities & Exchange Commission (1945), 86 F. Supp. 201 - Farmers Cooperative Co. v. Birmingham (1949)
4 federal appellate · 12 district · 21 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Appellate journey
reviewedBarclay v. Wabash Ry. Co. (from Second Circuit Court of Appeals)
Relationships
Relies on Workman v. Boone · New York Co v. Nickals · Barclay v. Wabash Ry. Co.
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 62 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
““When a man buys stock instead of bonds he takes a greater risk in the business. No one suggests that he has a right to dividends if there are no met earnings. But the investment presupposes that the business is to go on, and therefore even if there are net earnings, the holder of stock, preferred as well as common, is entitled to have a dividend declared only out of such part of them as can be applied to dividends consistently with a wise administration of a going concern.” (Emphasis added.)”
2 later decisions quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.