Summary

Portrait of Felix Frankfurter Felix Frankfurter International Harvester Credit Corporation v…

Thus, there is no connection whatever between the undoubted property interest that International Harvester had in the three tractors and the extent of the lien that the State sought to foreclose in them. When one considers the important role played in our economy by credit sales, it will hardly do for the law to deem such transactions extrahazardous and subject such creditors to an insurer's risks.
Source: Wikisource

Portrait of Felix Frankfurter Felix Frankfurter International Harvester Credit Corporation v…

It is one thing for a creditor, who has enabled his debtor to hold himself out as having dominion over property which the creditor has placed within his debtor's control, to suffer for debts incurred by his debtor to third persons. It is quite another thing to saddle such creditor's property with satisfaction of prior obligation to a third person when the creditor had no means whatever of safeguarding himself against the enforcement of such third-party indebtedness.
Source: Wikisource

Portrait of Felix Frankfurter Felix Frankfurter International Harvester Credit Corporation v…

Property is included within the triad of interests protected by the Due Process Clause of the Fourteenth Amendment-'nor shall any State deprive any person of life, liberty, or property, without due process of law.' When one man's property is taken and given to another or, as in this case, is taken to satisfy the debts of another, a justifying public purpose must meet the requirements of the Due Process Clause.
Source: Wikisource

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