Case Name: Goddard, Appellant, v. The Merchants' Exchange of St. Louis
Court: Supreme Court of Missouri
Jurisdiction: Missouri
Decision Date: 1883-10
Citations: 78 Mo. 609
Docket Number: 
Parties: Goddard, Appellant, v. The Merchants’ Exchange of St. Louis.
Judges: 
Reporter: Missouri Reports
Volume: 78
Pages: 609–610

Head Matter:
Goddard, Appellant, v. The Merchants’ Exchange of St. Louis.
1. Corporation By-Laws. That the by-law of a corporation establishes a rule different from the common law rule does not make it. invalid.
2. -. A by-law of a board of trade which provides that “ on all sales of grain in bulk on elevator receipts, the buyer shall pay the first ten days’ storage, unless otherwise specified, at the time of sale,” is not invalid, and may be enforced.
Appeal from St. Louis Court of Appeals.
Aerirmed.
Patrick &> Frank for appellant.
Overall § Judson for respondent.
These syllabi are taken from 9 Mo. App. 290.

Opinion:
Per Curiam.
For tbe reasons given in tb.e opinion of tbe court of appeals, the judgment is affirmed. Tbe rule in question is not in conflict with the constitution of this State, or with the constitution of the United States.