exchange broker
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 49 U.S. 73 - Asher Nathan v. The State of Louisiana · 1850Most cited · 119 citing opinions
Now the individual who uses his money and credit in buying and selling bills of exchange, and who thereby realizes a profit, may be taxed by a state in proportion to his income, as other persons are taxed, or in the form of a license. He is not engaged in commerce, but in supplying an instrument of commerce.
How often courts cite the case defining “exchange broker”
Court decisions citing the opinion that defined “exchange broker” — 119 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.