The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-02-20

pension OF a member in the following oases, viE.-
l, IL any member shall refuse TO comply With his
q In case OF the insolvency OF any member. IL he
cash sales and purchases as shall be satisfactory to
g. II be nall ia TO make good oil friendly loans Of
Dash or stecks from mem oeTs or RnJ Overdraft on
Promise pTS sS or d delay lay i' 'n'i9O
A. III he shall execute orders from any persons
whose 1ntrsots are known TO be unsntisHed except
upon biS own responsibility, and rendering Huch
s.. Where member having made a stock CONTRACT
tha neglect 10 make the the appointed
minor without the consent OF his parents or gu r.
Gass having been prsyon3y 96'snedi Oh or for Tor Sny
capacity, by another memt er Without hrst Obtaining
fine OF one hundred dollars; for the second ofIsnse
4 FOR advertising loans. stocks. or bonds, which
cuIrtn at The oRrd, except Government 8eour
dollars and expulsion Tor the second. -
For dong business for for a. ees a..e commission than
ore hundred dollars and suspension during the
pleasure OF the Board, and Tor the second oifense
.. For buying or selling the proGta on any stocks
penalty OF fifty dollars for the first Oifenge and ez
TO- For attending any night or other board or room,
other than the present so'calltd outside room" for
person by deputy under penalty of one hundred
dollars for the bIst uhense and expulsion for the
H. For ln6ecorous Language, or conduct toward,
For first ofense by vote Of two.thrds ofthe mcIo
DerB sent, suspension from MS no lfSa
week nor n ore than month. A repotition OF the
ofIAnse shall subject the offender to expulsi n.
period Of TWO years abail be Soded BY the 5ScFetery
hTee shall be eonSdered no onger
ber provided he has not been absent from the couu
is Any member refusing to comply with any of the
BosTd and if he shall persist in refusing thrds
OF the Board present may declare him no longer
have been thus minute in setting forth the causes
for which the Board may suspend or expel menu
according the regulations II ascertain III the
complsint made asainst the plain Is Within any OF
these causes OF sGspenson and expulsion are con.
neeted M YIN tae Gee' anG OBJ 5Ss NOR nor
chase and rale of stocks and loans. 1t was
n5sed enTned he Counsel of the dsndans ths
inRsmuch as the intention of the plaintiff was 70 or
gRnize petroleum company, and the land aud oil
interests were bought for that purpose tpat the
Hss nss 81 10 me- cmSy yR Stock onrao T' So o. he
must submit to the forum ana tribunal TO whose ju
the Board and This court can give him no RELIEF ex
against him What is stock contFactP It is econtract
relative 10 the purchase SALE delivery holding or
in the rules and regulations Of the Board of Brokers'
the the %S5s GSH @ S5 of and
papy By The law OF the land these shares and loans
no relation 10 except as they may Represent the
property Of a sompsny which n oxn land: ,,.,.-
to sell him an interest in tract 81 land and n GER
contrsct The rentins Of 5oaae an
p5yeEs O SEpg o0d 0 ron S%
Sock .sF%' would 1ad nsSSs !hs
over heir msn Ssrs in contracts touching real Or per
shares stocks, and losns such the Board operates
became q men ber of The Board OF brokers was that
the Board should tax Il be should refuse
should have jurisdiction Of his contracts toEcsiHs
The pext inquiry iS has the piaintiff orougSp him
sell within the Inherent, or, il has been termed.
pei member Tor Fan an Infamous nous ofTeEse or for an
ofienss against his duty as member OF the associs
II is not alleged that has In any m offended
EeTs iaIls a IL his asSy me@bsEE thereof
sss ts S,s osn be &c o an onss asns a n
duty = memner Of the Board.
BcaId cisih over him, Then ne has committed no
oieIss asanst bis duty sq memper per- In M such case
and he never fall htully disch arges bis duty
he would in .ubmitting to It's unlawful authority. he
becomes NOT only the indicator OF his own
81 the rights of eyeTS member usf'nass oa sas
%t HfRS saG %nissfz IL Hf G ns
corporation taking cognizance Of matters uncon-
shs Gd Sa
the cooperation 1t appsGrs to to me That taking coga
Of introducing private euds into the bosom OF the
Cemnionw esith VS.. st. PSrlcNS Benevolent Society
ccmmiied an in5iciabls ohorss oiso Infamous ma.
GsS as THSsF him s he Gssy Of HSHSS
zsne. ofthe c9@plainl against him, and eIpe!iing
Il night be snfcien to S, question to
say that hefore exprlsion is made fo. cause of
lard SCcm. vs. ST. PatrieEs socieiy 3 Binney ASS
constitutional right. In such trial. the plaintiff
hSyS & 1877
erect Itself into tribunal for this pu pose. he would
have no such and this Is Is one @ Gi the ina %
hiss wisely determined that, before member OF
corporation or society shall be expelled Tor sueh
Of his country,
But wa,ving this question of the plsintns right OF
tIiR by jury, mas he comm iled an indciahe hense?
Does Mr. Man!ey's complaint against HIN exhlolt
The q aim Of Mr.. Manley which was msco bsfore
the Boaro OF Brokers, ana winch Mr., CAV 10 the
minoTiy report OF the committee appointed TO inves-
tigate The after reports Is having been proved by
Nr ManlsY, Is as lOlIUws:-
Leech of S47tO interest from the 19sh day OF De-
csmbeT, 1864, and bases the same On the following
On the l5tn day of December. 1864, Mr.. Leeoh ad.
dressed leIter 10 Mr.. Nancy inviting him TO become
one oil the originals IN company for producing Pc
tToleum, TO be called the MeTcnants' and BanKers'
Il ps he sT@ 0 tbs s You'd
Of forty three acres OF land on East OIL Creek,
land would be ed to the company aud the lana
In It's vcini owned By other companies; that he
Vsiae Ravisg paid si5oo roT It, Mr. Leech says In
subsequent steI as 20 the prices At which the pro;
Inc amounts they ere Rnt i6tC me orginSls a. mIst
9 yG1 yIsssS sSsIS e &e onnns the SSG
states there other oil companies near this land
per are TO snSslSntiSTe the same Mr.. Manley pro
Sis PensssIVsnie ~ Who @ sSs the ossnai owaer OF
the land who states tRerein that he gave contrac!
Se Is scHss at % an scrs; t6s. On the 10th Dscsm
beT e. tseeh brought HIM fRsysGds} 40 SSassG ssslSS
on the back and alleges that ne esSRa a & Was tSs tSe
| money,