Londheim v. White
City of New York Municipal Court
Motion on behalf of Samuel B. Hamburger, receiver in supplementary proceedings, to compel Cumberland G. White, one of the defendants and judgment debtors, to transfer to said receiver his seat or membership in the Hew York Stock Exchange, and for such other relief as may be just.
1Opinion of the CourtHall, J.
Upon this motion there is no question raised as to the regularity of the proceedings or the appointment and qualification of the receiver. And it appears from the examination and is admitted that Cumberland Gr. White is the owner of a seat, or membership, in the Hew York Stock Exchange. The objections urged to the motion are:
First. That a judge has no power to order a judgment debtor by an ex parte order to execute such assignment.
Second. That a receiver cannot take an assignment of a seat *468or membership in the New York Stock Exchange, as he is not a member, or member elect, of such exchange.
Th…
2Cases cited3 opinions
- Powell v. . WaldronNew York Court of Appeals · 1882
- Grocers' Bank v. MurphyNew York Court of Common Pleas · 1881
- Ritterband v. BaggettThe Superior Court of New York City · 1877
3Cited by2 opinions
- Habenicht v. LissakCalifornia Supreme Court · 1889
- Roome v. SwanCity of New York Municipal Court · 1888