Sparhawk v. Yerkes
Supreme Court of the United States
APPEALS FROM THE CIRCUIT COURT OF THE UNITED STATES FOR THE EASTERN DISTRICT OF PENNSYLVANIA. The court stated the case as follows : Charles T. Yerkes, Jr., made a voluntary assignment for the benefit of creditors to Joseph M. Pile, October 21,1871. On December 13, 1871, he was adjudicated a bankrupt in the District Court of the United .States for the Eastern District of Pennsylvania, on a creditors’ petition, filed November 10, 1871, and appellants were appointed his…
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APPEALS FROM THE CIRCUIT COURT OF THE UNITED STATES FOR THE EASTERN DISTRICT OF PENNSYLVANIA. The court stated the case as follows : Charles T. Yerkes, Jr., made a voluntary assignment for the benefit of creditors to Joseph M. Pile, October 21,1871. On December 13, 1871, he was adjudicated a bankrupt in the District Court of the United .States for the Eastern District of Pennsylvania, on a creditors’ petition, filed November 10, 1871, and appellants were appointed his assignees, January 12, and the assignment of the bankrupt estate was duly made to them, January 24, 1872. In February, 1872,…
1Opinion of the CourtChief Justice Fuller
In Hyde v. Woods, 94 U. S. 523, it was ruled that the ownership of a seat in a stock and exchange board is property, not absolute and unqualified, but limited and restricted by the rules of the association; that such rules in imposing the .condition upon the disposition of memberships that the proceeds should be first applied to the benefit of creditor members are not open to objection on the ground bf public policy, or because in. violation of the bankrupt act; and that in the case of the bankruptcy of a member his right to a.seat.would pass to his assignees, and the balance of tbe proceeds…
Also in this document: Dissent.
2Cases cited7 opinions
- Hyde v. WoodsSupreme Court of the United States · 1877
- Traer v. ClewsSupreme Court of the United States · 1885
- Ager v. MurraySupreme Court of the United States · 1882
- Stephens v. CadySupreme Court of the United States · 1853
- Belton v. . HatchNew York Court of Appeals · 1888
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3Cited by112 opinions
- Central Trust Co. of Ill. v. Chicago Auditorium Assn.Supreme Court of the United States · 1916
- Board of Trade of Chicago v. JohnsonSupreme Court of the United States · 1924
- Sessions v. RomadkaSupreme Court of the United States · 1892
- Brown v. O'KEEFESupreme Court of the United States · 1937
- First National Bank of Jacksboro v. LasaterSupreme Court of the United States · 1905
107 more not listed; retrieve them via the Exa API.