Show COMMITTEE TAKES UP STOCK EXCHANGE SEAT New York Tork July 30 The 30 The New York stock stok exchange membership ht held by byj j John M I Knapp board member ot or the theL Co which I L firm of or Coster Knapp failed on April 20 21 last lust has been ordered or or- tiered dered sold at once by hy the governing go committee of that institution This ThiH action which is unusual was taken after nn an In e Investigation of the methods s sor of or the tho failed firm This Investigation In resulted III In finding that the failure allure I and und was wa due to reckless s like dealings and a as a result the scat seat of nC John Joltn M M. Knapp was ordered disposed dis dis- l posed p. p of or at once |