The light curve of the Type Ia supernova SN 1937C (in IC 4182) is impo
rtant because Sandage et al. have measured a distance to the host gala
xy by means of Cepheid variables and thus have derived the Hubble cons
tant. However, the peak brightness of SN 1937C has only been derived w
ith the relatively poor original comparison star brightnesses and with
out regard to a large body of data in the literature. In this paper, I
will correct these and other procedural difficulties. I find that the
late time photographic light curve appears to have a broken exponenti
al decay with equivalent half-lives of 46 and 58 days with the break n
ear 300 days after maximum. I also find that the peak B-magnitude was
8.71 +/- 0.14 on JD 2428770.0 +/- 1.0 at which time the B - V was -0.0
3 +/- 0.13. With these improved peak brightnesses, the distance modulu
s of Sandage et al., and peak absolute magnitudes in the center of the
range of modem estimates, I derive the Hubble constant to be 50 km s-
1 Mpc-1.