Gridley v. Dorn

Citations

• 57 Cal. 78

Syllabus

<p>Wager— Contract — Illegal Consideration.—While at common law a wager made in respect to matters not affecting the feelings, interest, or character of third persons, or the public peace, or good morals, or public policy, is valid, and can be enforced, the tendency of the Courts everywhere is to restrict rather than enlarge the rule.</p> <p>Id.—Id.—Id.—A wager upon the result of a horse-race is against good morals and sound public policy, and cannot be enforced by the Courts.</p> <p>Id.—Id.—Stakeholder.—Where an illegal wager is made, the parties to it may, before the wager is decided, recover their stakes from each other or the stakeholder; but after the money has been lost and won, and the result generally known, neither party should be heard in a court of justice.</p>