Belton v. . Hatch
New York Court of Appeals
Appeal from judgment of the General Term of the Supreme Court in the first judicial department, entered upon an order made May 29, 1885, which affirmed a judgment in favor' of defendant, entered upon an order overruling a demurrer to certain portions of the answer. The nature of the action and the substance of the pleadings, so far as material, are set forth in the opinion.
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Appeal from judgment of the General Term of the Supreme Court in the first judicial department, entered upon an order made May 29, 1885, which affirmed a judgment in favor' of defendant, entered upon an order overruling a demurrer to certain portions of the answer. The nature of the action and the substance of the pleadings, so far as material, are set forth in the opinion. The constitution and by-laws of the Stock Exchange, or either of them, constitute a relation of copartnership between the members of the exchange. (White v. Drake, 3 Abb. N. C. 133, 134, and note; Moak’s Van Santvoord’s…
1Opinion of the CourtGray, J.
Plaintiff, as the assignee of one Des Marets, formerly a member of the Hew York Stock Exchange, sues to recover the proceeds received by that organization from a sale of the membership, or, as it is sometimes technically termed, the seat of said Des Marets. It is alleged by plaintiff in his complaint that Des Marets, for many years a member of the Hew York Stock Exchange, in October, 1883, became insolvent, and, under the laws governing that body, was suspended; that subsequently its governing committee determined that the failure was caused by doing business in a reckless and unbusinesslike…
2Cases cited1 opinion
- Hyde v. WoodsSupreme Court of the United States · 1877
3Cited by53 opinions
- Silver v. New York Stock ExchangeSupreme Court of the United States · 1963
- Polin v. KaplanNew York Court of Appeals · 1931
- Sparhawk v. YerkesSupreme Court of the United States · 1891
- In Re Haebler v. . N.Y. Produce ExchangeNew York Court of Appeals · 1896
- Jardine v. Superior CourtCalifornia Supreme Court · 1931
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