Legal Opinion

Young v. Eames

Appellate Division of the Supreme Court of the State of New York

Decided January 16, 1903PublishedCited by 1 opinion

Appeal from special term, New York county. Action by William Euclid Young against Francis L. Fames, as president of the New York Stock Exchange. From a judgment dismissing the complaint on the merits, plaintiff appeals. Affirmed.

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Appeal from special term, New York county. Action by William Euclid Young against Francis L. Fames, as president of the New York Stock Exchange. From a judgment dismissing the complaint on the merits, plaintiff appeals. Affirmed. See 53 N. Y. Supp 678. The complaint avers that the plaintiff is, and has been at all times since 1809, the date of its organization, a member of the New York Stock Exchange, and entitled to the accruing benefits therefrom, and an interest in its property; that “on or about the 30th day of December, 1896, the said defendant association, its officers, members,…

1Opinion of the CourtO’Brien, J.

The New York Stock Exchange is a voluntary association, and its legal status and nature, the character of its member*1072ship, and the rights of the members under the constitution and by-laws, have been fully discussed in several cases,—notably, in Belton v. Hatch, 109 N. Y. 593, 17 N. E. 225, 4 Am. St. Rep. 495. It would serve no useful purpose to further trespass upon a domain which has been so fully covered; it being only necessary to apply to the facts appearing in this record the principles which have been settled in adjudicated cases, and which must serve as our guide.

Apart from some…

2Cases cited8 opinions

  1. Belton v. . HatchNew York Court of Appeals · 1888
  2. People Ex Rel. Johnson v. New York Produce ExchangeNew York Court of Appeals · 1896
  3. White v. BrownellNew York Court of Common Pleas · 1868
  4. Lewis v. . WilsonNew York Court of Appeals · 1890
  5. Nightingale v. . EisemanNew York Court of Appeals · 1890

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3Cited by1 opinion

  1. Third Ave. Ry. Co. v. MillsCourt of Appeals for the Second Circuit · 1918

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