 | Arkansas. Supreme Court - 1872 - 752 pàgines
...supersede that of duty. It therefore prohibits a party from purchasing on his own account, that which his duty or trust requires him to sell on account of another,...another, that which he sells on his own account. In the case of Wonnley v. Wormley, 8 Wheat. •f-21, the US court declared that no rule is better settled... | |
 | United States. Supreme Court - 1847 - 844 pàgines
...supersede that of duty. It there> fore prohibits a party from purchasing on his own account than which his duty or trust requires him to sell on account of another,)...purchasing on account of another that which he sells oo his own account. In effect, he is not allowed to unite the two opEosite characters of buyer and... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1854 - 650 pàgines
...laid down by Sugden; holding, that a person cannot legally purchase on his own account, that which his duty or trust requires him to sell on account of another; and that a purchase, per interpositam personam, by a trustee or agent, of the particular property of which... | |
 | Oliver Lorenzo Barbour - 1860 - 712 pàgines
...supersede that of duty. It, therefore, prohibits a party from purchasing on his own account that which his duty or trust requires him to sell on account of another,...seller, because his interests, when he is the seller or the buyer on his own account, are directly in conflict with those of the person on whose account he... | |
 | John Willard - 1861 - 718 pàgines
...law, for the wisest of purposes, prohibits a party from purchasing, on his own account, that which his duty or trust requires him to sell on account of another,...of another that which he sells on his own account. ( Will. Eq. Jur. 605, 606, and the cases there cited.) The statute has applied these principles to... | |
 | Iowa. Supreme Court - 1864 - 670 pàgines
...supersede that of duty. It therefore prohibits a party from purchasing on his own account that which his duty or trust requires him to sell on account of another,...of another that which he sells on his own account." MacGregor v Gardner. "The rule of equity is in every Code of Jurisprudence with which we are acquainted,... | |
 | Elliott Anthony - 1865 - 320 pàgines
...supersede that of duty. It therefore prohibits a party from purchasing on his own account that which his duty or trust requires him to sell on account of another,...those of the person on whose account he buys or sells. Thorp v. McCullum, 1 Gilman, 614, is to the same effect, precisely. If a trustee, acting for others,... | |
 | United States. Congress. House - 1867 - 690 pàgines
...relations which ordinarily excite a conflict between self-interest and integrity." That in effuct a party is not allowed to unite the two opposite characters...with those of the person on whose account he buys or sell«. The rule being also explicitly laid down in 4th Kent, pnge 437, on "real property." The evils... | |
 | United States. Supreme Court, Benjamin Robbins Curtis - 1870 - 892 pàgines
...supersede that of duty. It therefore prohibits a party from purchasing on his own account that which his duty or trust requires him to sell on account of another,...those of the person on whose account he buys or sells. 2 Burge's Cornm. 459. Cases have been frequently decided in the courts of Louisiana, which maintain... | |
 | 1904 - 1126 pàgines
...legally on his own account that which his duty or trust requires him to sell for another, nor purchase on account of another that which he sells on his own account. But that is not this case. Charles H. Hackley did not purchase as an individual, "per interpositam... | |
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It therefore prohibits a party from purchasing on his own account that which his duty or trust requires him to sell on account of another, and from purchasing on account of another that which he sells on his own account. In effect, he is not allowed to... 
