National Enameling & Stamping Co. v. Haberman
Citations
- 120 F. 415
- 1903 U.S. App. LEXIS 5282
Syllabus
<p>1. Contracts — Legality—Restraint on Competition.</p> <p>A restrictive covenant, made by one capable of contracting, which is unlimited as to time, in area covers the entire United States, is ancillary to the main lawful contract (being in part consideration of the payment for good will sold), and is reasonable and no broader than is necessary to save to the covenantee the rights and privileges for which he has paid, may be enforced.</p> <p>¶ 1. Monopolistic contracts — validity as affected by public policy, see notes to Chicago, M. & St. P. Ry. Co. v. Wabash, St. L. & P. Ry. Co., 9 C. C. A. 666; Cravens v. Carter Crume Co., 34 C. C. A. 486.</p> <p>See Contracts, vol. 11, Cent. Dig. §§ 559, 565-567.</p>
Judges: Platt
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