Opinion · Supreme Court of the United States

West v. Camden

W. v. Camden, 135 U.S. 507 (1890)

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1890-05-19
Topic
general

Mr. Justice Blatciiford,- having stated the* case as above reported, delivered the opinion of the 'court. The first instruction virtually took the case from the jury, although it appears that, on a prayer by the defendant: to the *520 court to instruct the jury that- the plaintiff had offered no evidence legally sufficient to entitle him to recover, and that their verdict must be for the defendant, the court refused to grant that prayer. We think that under no circumstances could the plaintiff recover in this action, for the reason that the alleged contract was void as against public policy, and that -the first instruction to the jury was- correct. From the plaintiff’s own testimony it .appears that his only reliance was on the usé of the defendant’s influence as an officer of .'the Baltimore United Oil Company, and on his control over the stock in that company held by the Standard Oil Company.

Citator

UpLaw has not yet analyzed West v. Camden. The absence of a flag is not a finding that it is good law.

Cited by
87 opinions

Headnotes

  1. Contracts Law — Public Policy — Corporate Directors An agreement by a director of a corporation to keep another person permanently in place as an officer of the corporation, irrespective of the corporation's interests, is void as against public policy, even though the promisor was to receive no direct private pecuniary gain; the other stockholders are entitled to have the director's judgment, as an officer of the company, exercised with a sole regard to the interests of the company. 135 U.S. at 509, 517–521
  2. Business & Corporate Law — Fiduciary Duty The rule rendering void agreements to influence the discharge of duties in public employment applies with equal force to directors of a private corporation charged with fiduciary duties to private parties, on the ground that public policy requires fidelity in the discharge of those duties; an agreement that binds a director as to his future action as a director and obligates him to retain an officer permanently, irrespective of the company's interests, is calculated to create a strong incentive to act contrary to the true interests of the company and its other stockholders. 135 U.S. at 520–521
  3. General — Appellate Practice — Erroneous Instructions — Harmless Error A judgment will not be reversed because of an erroneous instruction to the jury, excepted to by the plaintiff, if the plaintiff could not recover in any event. 135 U.S. at 521–522