Eliot v. Merchants' Exchange
Missouri Court of Appeals
Appeal from the St. Louis Circuit Court, Thayer, J. A membership in the Merchants’ Exchange is not property. —In re Sutherland, 6 Biss. 576 ; Thompson v. Adams, 93 Pa. St. 55 ; Pancoast v. Gowen, 93 Pa.
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Appeal from the St. Louis Circuit Court, Thayer, J. A membership in the Merchants’ Exchange is not property. —In re Sutherland, 6 Biss. 576 ; Thompson v. Adams, 93 Pa. St. 55 ; Pancoast v. Gowen, 93 Pa. St. 66. And can not be subjected to the payment of a creditor by a creditor’s bill. — Show v. Aveline, 5 Ind. 384; Stewart v. English, 6 Ind. 176. The right of membership in the Merchants’ Exchange of St. Louis is a “ right of property,” and is “property.” — Powell v. Waldron, 26 Alb. L. J. 32 ; Hyde v. Woods, 94 U. S. 523; In re Ket■chum, 1 Fed. Rep. 840 ; Smith v. Barclay, 21 Am. L. Reg.…
1Opinion of the CourtBakewell, J.
This was a proceeding by a judgment-creditor of defendant Schieferdecker, to expose to sale, in satisfaction of plaintiff’s judgment, a certificate of membership of Scheiferdecker in the Merchants’ Exchange of St. Louis.
On hearing, the circuit court made a decree that plaintiff is entitled to subject a certificate of membership, No. 2394*, issued by said Exchange to said Scheiferdecker to sale *236in satisfaction of plaintiff’s demand and directing the defendants to deliver the certificate to the sheriff, and directing the sheriff to advertise and sell the same* in the manner provided by law for…
2Cases cited3 opinions
- Hyde v. WoodsSupreme Court of the United States · 1877
- In re GallagherU.S. Circuit Court for the District of Southern New York · 1879
- In re SutherlandDistrict Court, N.D. Illinois · 1876
3Cited by9 opinions
- Arlington State Bank v. PaulsenNebraska Supreme Court · 1899
- Sykes v. St. Louis & San Francisco RailroadMissouri Court of Appeals · 1901
- Matter of Ulmann v. ThomasNew York Court of Appeals · 1931
- Warren v. Merchants ExchangeMissouri Court of Appeals · 1892
- South St. Joseph Live Stock Exchange v. St. Joseph Stock Yards BankMissouri Court of Appeals · 1929
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