American Aberdeen-Angus Breeders' Ass'n v. Fullerton

The American Aberdeen-Angus Breeders’ Association is a corporation, not for profit, organized under the laws of Illinois for the purpose of collecting, verifying, preserving and publishing the pedigrees of the polled Aberdeen-Angus breed of cattle so as to maintain the purity of the breed and to do such other acts as will best promote the interests of the breed in America. The association was organized in 1883, and prior to 1923 had obtained a membership of between 5000 and 6000 breeders of Aberdeen-Angus cattle, residing in various States of the Union and in Canada. Its business affairs were…