Page v. Edmunds
Citations
- 187 U.S. 596
- 23 S. Ct. 200
- 47 L. Ed. 318
- 1903 U.S. LEXIS 1676
Syllabus
<p>1. A seat or membership in the Philadelphia Stock Exchange belonging to a person adjudicated a bankrupt is property which the bankrupt could have transferred within the meaning of subdivision 6 of section TO of the bankruptcy act of 1898, and it therefore passes to the trustee in bankruptcy of the owner.</p> <p>2. There is nothing in the bankruptcy act or the statutes of Pennsylvania, as the latter have been construed by the highest courts of that State, exempting such seat from sale by the trustee in bankruptcy.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that property not subject to sequestration is not therefore exempt
Source: CourtListener parenthetical corpus (CC0).
Judges: McKeNNA
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.