Arbour v. Pittsburg Produce Trade Ass'n

Citations

• 44 Pa. Super. 240
• 1910 Pa. Super. LEXIS 162

Syllabus

<p>Corporations — Trade associations — Black listing — Equity—Jurisdiction — Act of June 19, 1871, P. L. 1880.</p> <p>1. A court of equity has jurisdiction under the Act of June 19, 1871, P. L. 1360, to enjoin a trade association organized as a corporation of the first class under the Act of April 29, 1874, P. L. 73, from enforcing by-laws by which the members of the association were held bound to refuse to sell “for spot cash” to any persons indebted to members of the association, and by which provision was made for an arbitration committee consisting only of members to pass upon the validity of the claims of members against persons to whom they had sold goods, and whom they had blacklisted as delinquent.</p> <p>2. The visitorial or superintending power of the state over corporations created by the legislature will always be exercised, in proper cases, through the medium of the courts of the state, to keep such corporations within the limits of their lawful powers, and to correct and punish abuses of their franchises.</p>