...there, a common gambler. § 6934a. Contracts for options on grain, cornering the market, etc. — That whoever contracts to have or give to himself or another...commodity, stock of any railroad or other company, or forestalls the market by spreading false rumors to influence the price of commodities therein, or corners...

...38" (Rev. Stat. of Illinois, 07 Hurd, ed. of 1883, p. 394; ed. of 1885, p. 405;, "reads as follows: 'Whoever contracts to have or give to himself or another...forestalls the market by spreading false rumors to influence the price of commodities therein, or corners the market, or attempts to do so in relation...

...sections 130 and 131, which are set forth in the margin.1 It is a very far-reaching decision, 1 SEC. 130. Whoever contracts to have or give to himself or another...forestalls the market by spreading false rumors to influence the price of commodities therein, or corners the market, or attempts to do so in relation...

...delivered the opinion of the court. By section 130 of the criminal code of Illinois it is provided that "whoever contracts to have or give to himself or another...forestalls the market by spreading false rumors to influence the price of commodities therein, or corners the market, or attempts to do so in relation...

...ILLINOIS, US Sup. Ct. (Mar. 3, 1902). A statute of the State of Illinois invalidating contracts giving an option to sell or buy at a future time any grain or other commodity, whether delivery is contemplated or not, is not in violation of any constitutional provision. Brewer...

...law of Illinois; and, at the time they were made, a statute was there in force which declared that " whoever contracts to have or give to himself or another...commodity, stock of any railroad or other company, . . . shall be fined not less than $10 nor more than $1,000, or confined in the county jail not exceeding...

...contracts or dealings in futures. Illinois« makes it a misdemeanor for anyone to contract "to have or give himself or another the option to sell or buy at a...stock of any railroad or other company, or gold." By this prohibition the legislature undoubtedly strikes at transactions of a possibly legitimate character,...

...see "Gaming." In construing a statute making It criminal for any person to have or give to him* self or another the option to sell or buy at a future time...any grain or other commodity, stock of any railroad company or other company, the court quotes with approval Webster's definition of "option" as being...

...conditional sale, and not a gambling contract, within Cr. Code, $ 130, ¡mlk-ting a punishment on him who contracts to have or give to himself or another the option to buy or sell at a future time any stock of any railroad or other company, and declaring contracts made...

...bill No. 846 (House No. 497(, entitled "An act to punish making contracts for or dealing in options to sell or buy at a future time any grain or other commodity, stocks or gold or spreading false rumors to influence the price of the same or cornering'the market...