Meherin v. San Francisco Produce Exchange

The plaintiffs constitute a partnership under the firm name of Meherin Brothers, and as such were a member of the defendant, which is a corporation very similar in its character and purposes to the other numerous produce exchanges throughout the country, described by Messrs. Bisbe and Simonds in their treatise on the “ Law of the Produce Exchange.” On November 12, 1884, the defendant, by a unanimous vote of its governing body, suspended the plaintiffs from membership privileges, until certain decisions recited in the resolution of suspension as having been made by the arbitration committee…