Meherin

The plaintiffs constitute a partnership under the firm name of Meherin Brothers, and as such were a member of the defendant, which is a corporation very similar in its character and purposes to the other numerous produce exchanges throughout the country, described by Messrs. Bisbe and Simonds in their treatise on the “ Law of the Produce Exchange.” On November 12, 1884, the defendant, by a unanimous vote of its governing body, suspended the plaintiffs from membership privileges, until certain decisions recited in the resolution of suspension as having been made by the arbitration committee and the committee of appeals of the defendant should be complied with. On the *216 fourth day of June, 1892, the plaintiffs commenced this action for the purpose of having it adjudged that they were a member in good standing of the defendant, and entitled to all the rights, privileges, etc., of such member, and that the defendant corporation be adjudged to permit plaintiffs to exercise all their rights as a member thereof, and that plaintjffs also have judgment against defendant for twenty thousand dollars damages for exclusion from said privileges. The case was tried without a jury. The court…