Court of Appeals for the Third Circuit February 13, 1905, No. 17 (Supreme Council A. L. H. v. Lippincott)

ACHESON, Circuit Judge.

It was decided by this court in Supreme Council American Legion of Honor v. Black, 123 Fed. 650, 59 C. C. A. 414, that by reason of the adoption by the corporation of the by-law reducing the insurance certificate from $5,000 to $2,000 and putting the by-law into effect by making assessments on the reduced basis and notifying the certificate holders, a certificate holder