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CHASE SECURITIES CORP. v. DONALDSON

No. 110.

325 U.S. 304 (1945)

CHASE SECURITIES CORP., NOW KNOWN AS AMEREX HOLDING CORP., v. DONALDSON ET AL., EXECUTORS.

Supreme Court of United States.

Decided May 21, 1945.

Attorney(s) appearing for the Case

Mr. Henry Root Stern, with whom Messrs. Frederick H. Stinchfield, Jr., John M. Palmer and Floyd E. Nelson were on the brief, for appellant.

Mr. Benedict S. Deinard, with whom Mr. Hyman Edelman was on the brief, for appellees.

MR. JUSTICE JACKSON delivered the opinion of the Court.

This appeal from a judgment of the Supreme Court of Minnesota attacks as violative of the Fourteenth Amendment a provision of the Minnesota statutes enacted as part of a general revision of the Minnesota Securities or Blue Sky Law. Its effect upon appellant was to lift the bar of the statute of limitations in a pending litigation, which appellant contends amounts to taking its property without due process...

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