Legal Opinion

Hyde v. Woods

Supreme Court of the United States

Decided April 30, 1877No. 230PublishedCited by 106 opinions

Error, to tbe Circuit Court of tbe United States for tbe District of California. Tbe facts are stated in tbe opinion of tbe court.

1Opinion of the CourtJustice Milleb

delivered tbe opinion of tbe court.

Tbe San Francisco Stock and Exchange Board is a voluntary association for business purposes, organized in 1862, in that city. The membership is elective, with certain provisions for a right to sell and assign the seat, subject to an election of the purchasing member by the board. This is generally done, unless special reasons appear to the contrary; and the result is, that, as the number of members is limited, the right to a seat at the board has a moneyed value. When a member fails to perform his contracts, or becomes insolvent, he can no longer be- a…

2Cases cited1 opinion

  1. Nichols v. EatonSupreme Court of the United States · 1875

3Cited by106 opinions

  1. In Re Braniff Airways, Inc.Court of Appeals for the Fifth Circuit · 1983
  2. Broadway National Bank v. AdamsMassachusetts Supreme Judicial Court · 1882
  3. Sparhawk v. YerkesSupreme Court of the United States · 1891
  4. In Re Farmers Markets, Inc., Debtors. State of California, State Board of Equalization, and Employment Development Department v. Farmers Markets, Inc., in Re Dick and Carleen Brink, Debtors. State of California, State Board of Equalization, and Employment Development Department v. Sy v. BrownCourt of Appeals for the Ninth Circuit · 1986
  5. Shelton v. KingSupreme Court of the United States · 1913

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