Kimen v. Atlas Exchange National Bank of Chicago, 662

Decision Date29 April 1935
Docket NumberNo. 662,662
Citation295 U.S. 215,55 S.Ct. 677,79 L.Ed. 1398
PartiesRose KIMEN, Petitioner, v. ATLAS EXCHANGE NATIONAL BANK OF CHICAGO
CourtU.S. Supreme Court

Mr. Edward C. Higgins, of Chicago, Ill. (Messrs. Samuel A. Ettelson and Herbert A. Salzman, both of Chicago, Ill., on the brief), for petitioner.

Mr. Daniel M. Healy, of Chicago, Ill., filed brief for respondent.

Mr. Justice STONE delivered the opinion of the Court.

This case, which comes here on certiorari, 294 U.S. 703, 55 S.Ct. 545, 79 L.Ed. —-, to the Appellate Court of Illinois, First District, is a companion case to Awotin v. Atlas Exchange National Bank of Chicago, 295 U.S. 209, 55 S.Ct. 674, 79 L.Ed. —-, decided this day.

On As an inducement and consideration for the purchase, the respondent agreed to repurchase the bonds at their maturity, at par and accrued interest. In a suit brought by petitioner, to recover for breach of the contract and in general assumpsit to recover the purchase price of the bonds, the trial court gave judgment for petitioner, which was reversed by the Appellate Court, 275 Ill.App. 638 (opinion not reported), following its decision in Awotin v. Atlas Exchange National Bank, supra. The Supreme Court of the state denied leave to appeal. The issues raised are the same as those in the Awotin Case. For the reasons stated in our opinion in that case, the judgment is

Affirmed.

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3 cases
  • Reconstruction Finance Corp. v. Central Republic T. Co.
    • United States
    • U.S. District Court — Northern District of Illinois
    • November 7, 1936
    ...262, 54 S.Ct. 421, 78 L.Ed. 787; Awotin v. Atlas Exchange Bank, 295 U.S. 209, 55 S.Ct. 674, 79 L.Ed. 1393; Kimen v. Atlas Exchange Bank, 295 U.S. 215, 55 S.Ct. 677, 79 L.Ed. 1398; Penn v. Bornman, 102 Ill. 523; Workingmen's Banking Co. v. Rautenberg, 103 Ill. 460, 42 Am. Rep. 26; Pattison v......
  • Awotin v. Abrams, Gen. No. 41463.
    • United States
    • United States Appellate Court of Illinois
    • March 31, 1941
    ...sold, is found in Rothschild v. Manufacturers Trust Co., 279 N.Y. 355, 18 N.E.2d 527, 120 A.L.R. 480;Kimen v. Atlas Exchange Nat. Bank, 295 U.S. 215, 216, 55 S.Ct. 677, 79 L.Ed. 1398, 1399; and Knass v. Madison and Kedzie State Bank, 354 Ill. 554, 188 N.E. 836. Also see note to the Rothschi......
  • Frost Co v. Coeur Alene Mines Corporation
    • United States
    • U.S. Supreme Court
    • January 20, 1941
    ...by injurious results, generally, at least, what the parties have agreed to ought not to be struck down. Kimen v. Atlas Exchange Bank, 295 U.S. 215, 55 S.Ct. 677, 79 L.Ed. 1398, and Dietrick v. Greaney, 309 U.S. 190, 60 S.Ct. 480, 84 L.Ed. 694, pointed out that whether a contract shall be en......

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