This is a list of cases reported in volume 303 of United States Reports, decided by the Supreme Court of the United States in 1938. Justices of the Supreme Court at the time of volume 303 U.S. The Supreme Court is established by Article III, Section 1 of the Constitution of the United States, which says: "The judicial Power of the United States, shall be vested in one supreme Court . . .". The size of the Court is not specified; the Constitution leaves it to Congress to set the number of justices. Under the Judiciary Act of 1789 Congress originally fixed the number of justices at six (one chief justice and five associate justices). Since 1789 Congress has varied the size of the Court from six to seven, nine, ten, and back to nine justices (always including one chief justice). When the cases in volume 303 were decided the Court comprised the following nine members: Notable Cases in 303 U.S. Electric Bond and Share Company v. Securities and Exchange Commission In Electric Bond and Share Company v. Securities and Exchange Commission, 303 U.S. 419 (1938), the Supreme Court ruled in favor of the Securities and Exchange Commission (SEC) in a constitutional dispute between the Electric Bond and Share Company and the SEC over the Public Utility Holding Company Act of 1935. The Act gave the SEC authority to regulate electric companies nationwide, and to enforce its rules. It required all companies selling gas and electricity in the United States to register with the SEC, and restricted holding companies to one or two tiers of subsidiaries. The Act also gave the SEC the power to limit holding companies to a geographic area so that individual states could regulate them. Lovell v. City of Griffin Lovell v. City of Griffin, 303 U.S. 444 (1938), related to the requirement of persons to seek government permission to distribute religious material. The Supreme Court ruled it was not constitutional for a city to require such consent; the city ordinance was unconstitutionally overbroad. Because the ordinance restricted not merely the time, place, or manner of the materials distributed, the Court ruled it violated the First Amendment and, by extension, the Fourteenth Amendment, which guaranteed that the federal constitutional guarantees would be binding on individual states. New Negro Alliance v. Sanitary Grocery Company New Negro Alliance v. Sanitary Grocery Company, 303 U.S. 552 (1938), is a