Faitoute Iron & Steel Co. v. City of Asbury Park’s Empirical Analysis
316 U.S. 502 · 1942
Citation profile
15 federal appellate · 12 district · 65 state decisions
How this case has been cited
Cited by 150 later decisions (13 by the Supreme Court) — most recently November 2018 · most notably United States Trust Company of New York v. New Jersey (1977), Energy Reserves Group, Inc. v. Kansas Power & Light Co. (1983)
15 federal appellate · 12 district · 65 state decisions — followed in 11 states
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.
Relationships
Relies on Hunter v. City of Pittsburgh · Sturges v. Crowninshield · Davis v. Mills · Veix v. Sixth Ward Building & Loan Ass'n · Worthen Co Board of Com'rs of Street Improvement Dist No 513 of Little Rock Ark v. Kavanaugh
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 150 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“'intended to preserve practical and substantial rights, not to maintain theories,'”
5 later decisions quote this exact passage · from the majority“Impairment of an obligation means refusal to pay an honest debt; it does not mean contriving ways and means for paying it. The necessity compelled by unexpected financial conditions to modify an original arrangement for discharging a city’s debt is implied in every such obligation for the very reason that thereby the obligation is discharged, not impaired ****** If a State retains police power with respect to building and loan associations, Veix v. Sixth Ward Assn., 310 U.S. 32, 38 , 60 S.Ct. 792, 794 , 84 L.Ed. 1061 [1940], because of their relation to the financial wellbeing of the state, and if it may authorize the reorganization of an insolvent bank upon the approval of a state superintendent of banks and a court but over the dissent of one-fourth of the depositors (except preferred or secured claimants), Doty v. Love, 295 U.S. 64 , 55 S.Ct. 558 , 79 L.Ed. 1303 [1935], a state should certainly not be denied a like power for the maintenance of its political subdivisions and for the protection not only of their credit but of all the creditors by an adjustment assented to by at least 85 percent of the creditors, approved by the commission of the state having oversight of its municipalities, and found wise and just after due hearing by a court. 316 U.S. at 511, 513-514 , 62 S.Ct. at 1134 .”
2 later decisions quote this exact passage · from the majority“Can it be that a power that ... was carefully circumscribed to reserve full freedom to the states, has now been completely absorbed by the federal government — that a state which ... has ... elaborate^] machinery for the autonomous regulation of problems as peculiarly local as the fiscal management of its own household, is powerless in this field? We think not.”
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.