Hyde v. Woods
District Court, D. California
Stock Brokers — Property in Membership. Statement of facts as disclosed by the findings filed by the court The action is by [Henry C. Hyde] the assignee in bankruptcy of Thomas W. Fenn, to recover the proceeds of the sale of the seat of Fenn in the San Francisco Stock and Exchange Board, which were received by defendants [F. H. Woods and others] within four months before the filing of the petition in bankruptcy.
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Stock Brokers — Property in Membership. Statement of facts as disclosed by the findings filed by the court The action is by [Henry C. Hyde] the assignee in bankruptcy of Thomas W. Fenn, to recover the proceeds of the sale of the seat of Fenn in the San Francisco Stock and Exchange Board, which were received by defendants [F. H. Woods and others] within four months before the filing of the petition in bankruptcy. The petition in bankruptcy against Fenn was filed by a creditor September 20, 1S72, and he was adjudged a bankrupt thereon October 1, ,1872. In 1SG2 the San Francisco Stock and…
1Opinion of the CourtSawyer, Circuit Judge
(after stating the facts). The San Francisco Stock and Exchange Board is a voluntary association. The members had a right to associate themselves upon such terms as they saw fit to prescribe, so long as there was nothing immoral, or contrary to public policy, or in ■contravention of the law of the land, in the terms and conditions adopted. No man was under any obligation to become a member unless he saw fit to do so, and when he did, and subscribed to the constitution and bylaws, thereby accepting and assenting to the conditions prescribed, he acquired just such rights with such limitations,…
2Cases cited1 opinion
- Hyde v. WoodsSupreme Court of the United States · 1877
3Cited by5 opinions
- Bear v. HeasleyMichigan Supreme Court · 1893
- Greer, Mills & Co. v. StollerU.S. Circuit Court for the District of Western Missouri · 1896
- Brown v. StoerkelMichigan Supreme Court · 1889
- Missouri Bottlers' Ass'n v. FennertyMissouri Court of Appeals · 1899
- Philomath College v. WyattOregon Supreme Court · 1893