 | William Burge - Comparative law - 1838 - 910 pages
...that duty may prevail over the motives of selfinterest, but it provides against the probability that in many cases, and the danger in all cases, that the...of another, that which he sells on his own account. In effect, he is not allowed to unite the two opposite characters of buyer and seller, because his... | |
 | William Burge - Comparative law - 1838 - 904 pages
...supersede that of duty. It therefore prohibits a party from purchasing on his own account, that which hi's duty or trust requires him to sell on account of another,...of another, that which he sells on his own account. In effect, he is not allowed to unite the two opposite characters of buyer and seller, because his... | |
 | Arkansas. Supreme Court - Law reports, digests, etc - 1872 - 752 pages
...It acts not on the possibility, that in some cases, the sense of duty may prevail over the matters of self-interest, but it provides against the probability...of 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 - Law reports, digests, etc - 1847 - 844 pages
...court in conflict with the established comity of nations. /.''»' 13. A person cannot legally purchase on his own account that which his duty or trust requires him to sell on account of another, nor purchase on account of another that which he sells on his own account. He is not allowed to unite... | |
 | 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 - Law reports, digests, etc - 1854 - 650 pages
...extended examination of the cases on that subject ; and it was held 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 such a purchase carries fraud on its face. But it would seem superfluous to multiply authorities... | |
 | Oliver Lorenzo Barbour - Law reports, digests, etc - 1860 - 712 pages
...against the probability, in many cases, and the danger, in all cases, that the dictates of self interest will exercise a predominant influence and supersede...of another that which he sells on his own account. In effect, he is not allowed to unite the two opposite characters of buyer and seller, because his... | |
 | John Willard - Conveyancing - 1861 - 718 pages
...standing in confidential relations to the owners of the estate. The law, for the wisest of purposes, prohibits a party from purchasing, on his own account,...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... | |
 | Elliott Anthony - Railroad law - 1865 - 320 pages
...application is 'more frequent in the private relations in which the vendor and purchaser may stand towards each other. The disability to purchase is a consequence...of another that which he sells on his own account. In effect, he is not allowed to unite the two opposite characters of buyer and seller, because his... | |
 | United States. Supreme Court, Benjamin Robbins Curtis - Law reports, digests, etc - 1870 - 892 pages
...Dumbell, Aug. 13, 1806, Mont, notes, cited; see 12 Ves. jun. 372, 3 Mer. 200. Michoud v. Girod. 4 H. the faithful discharge of which duty his own personal...of another that which he sells on his own account. In effect, he is not allowed to unite the two opposite characters of buyer and seller, because his... | |
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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... 
