Selden v. Equitable Trust Co.’s Empirical Analysis
94 U.S. 419 · 1876
Citation profile
2 federal appellate · 4 district · 5 state decisions
How this case has been cited
Cited by 18 later decisions (4 by the Supreme Court) — most recently July 1950
2 federal appellate · 4 district · 5 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.
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 18 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“‘ very Incorporated or oilier bank, and every person, firm, or company having a place of business where credits are opened by the deposit or collection of money or currency, subject to be paid or remitted upon draft, check, or order, or where money is advanced or loaned on stocks, bonds, bullion, bills of exchange, or promissory notes, or where stocks, bonds, bullion, bills of exchange, or promissory notes are received for discount or for sale, shall be regarded as a bank or as a banker.””
2 later decisions quote this exact passage · from the majority“The language of the statute is, where ’ such property is ‘received’ ‘for discount or for sale.’ The use of the word ‘ received ’ is significant. In no proper .sense can it be understood that one receives his own stocks and bonds, or bills or notes, for discount or for sale. He receives the bonds, bills, or notes belonging to him as evidences of debt, though he may sell them afterwards. Nobody would understand that to-be banking business. But when a corporation or natural person receives from another person, for discount, bills of exchange or promissory, notes belonging to that other, he is acting as a banker; and when a .customer brings bonds, bullion or stocks for sale, and they are received for the purpose for which they are brought, that is, to be sold, the, case is presented which we think was contemplated .by the statute. In common understanding, he who receives goods for sale is one who receives them as agent for a principal who is the owner. He is not one who buys and sells on his own account.”
1 later decision quote this exact passage · from the majoritye.g. Richmond v. Blake
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.