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" Many forms of conduct permissible in a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary ties. A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of... "
Cases Decided in the Court of Claims of the United States - Page 569
by United States. Court of Claims - 1943
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United States Congressional Serial Set, Issue 10006

1936 - 712 pages
...Mr. Justice Cardozo defined them when he said, in connection with fiduciaries, that they should be held "to something stricter than the morals of the market place. Not honesty alone, but the punctillio of an honor the most sensitive, is then the standard of behavior" (Meinhard v. Salmon, 249...
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Proposed Amendments to the Securities Act of 1933 and to the ..., Volume 4

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1942 - 296 pages
...Cardozo's opinion in a famous New York case (Meinhard v. Salmon, 249 NY 458, 164 NE 545), where he said : Many forms of conduct permissible in a workaday world...something stricter than the morals of the market place. Or, to borrow the language of a recent United States Supreme Court opinion in Pepper v. Litton (308...
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Decisions and Reports, Volume 10

United States. Securities and Exchange Commission - 1944 - 1290 pages
...(1914) ; emphasis supplied. Many forms of conduct, permissible In a work-a-day world for those actinj at arm's length, are forbidden to those bound by fiduciary ties. A trustee ii held to something stricter than the morals of the market place. Not honest; alone, but the punctilio...
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Communications Satellite Act of 1962: Hearings Before the Committee on ...

United States. Congress. Senate. Committee on Foreign Relations - 1962 - 472 pages
...of the Bar" (1934), 48 Harv. L. Rev. 1 at 8) . The classic formulation was by Mr. Justice Cardozo : "Many forms of conduct permissible in a workaday world...held to something stricter than the morals of the marketplace. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...
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Communications Satellite Act of 1962, Hearings ... 87-2 ... August 3,6,7,8,9 ...

United States. Congress. Senate. Foreign Relations - 1962 - 470 pages
...of the Bar" (1934), 48 Harv. L. Rev. 1 at 8). The classic formulation was by Mr. Justice Cardozo : "Many forms of conduct permissible in a workaday world...held to something stricter than the morals of the marketplace. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 368

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1962 - 934 pages
...Salmon, 249 NY 458, 164 NE 545, held a joint adventurer to a higher standard than we insist upon today: "Many forms of conduct permissible in a workaday world...forbidden to those bound by fiduciary ties. A trustee 1 Matter of Schwartzman, 262 App. Div. 635, 636-637, 30 NYS 2d 882, 884, aff'd 288 NY 568, 42 NE 2d...
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Increased Flexability for Financial Institutions: Hearings Before ... , 88-1 ...

United States Congress. House. Banking and Currency Committee - 1963 - 1116 pages
..."Chief Judge Cardozo. speaking for the New York Court of Appeals, in an often quoted passage, has said : 'Many forms of conduct permissible in a workaday world...those bound by fiduciary ties. A trustee is held to somelhing stricter than the morals of the markt'lpliH-e. Not honesty alone, but the punctilio of an...
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The Profit Motive and Patient Care: The Changing Accountability of Doctors ...

Bradford H. Gray - 1991 - 460 pages
...fiduciary she quotes from a 1928 decision by Justice Benjamin Cardozo (Meinhard v. Salmon) as follows: "Many forms of conduct permissible in a workaday world...are forbidden to those bound by fiduciary ties. A fiduciary is held to something stricter than the morals of the market place. Not honesty alone, but...
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Financial Services Industry: Hearings Before the Subcommittee on ...

United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications and Finance - 1991 - 832 pages
...1979). Frankel, Fiduciary Law. 71 Cal. L. Rev. 795 (1983). 249 NY 458, 164 NE 545 (1928) (Cardozo, J.) ("Not honesty alone, but the punctilio of an honor...most sensitive, is then the standard of behavior.") 16 I Scott On Trusts § 2 (1988 ed.) \ - 8 law, for example, "[a] trust may be created for any purpose...
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Financial Services Industry: Hearings Before the Subcommittee on ...

United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications and Finance - 1991 - 830 pages
...Frankel, Fiduciary Law. 71 Cal. L. Rev. 795 (1983). 15 249 NY 458, 164 NE 545 (1928) (Cardozo, J.) ("Not honesty alone, but the punctilio of an honor...most sensitive, is then the standard of behavior.") 16 I Scott On Trusts § 2 (1988 ed.)719 - 8 law, for example, M[a] trust may be created for any purpose...
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