Production MacHine Co. v. Howe

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• director should have afforded his corporation, a manufacturer of polishing machinery, opportunity to acquire rights to saw sharpening machine
• total forfeiture of compensation where the record was sparse as to the benefits conferred by the defendant’s services
• the duty “to protect the interests of the corporation is a paramount duty and the personal pecuniary interest of the officer ... [is] subordinate to it”
• machine to sharpen saw blades within plaintiff company’s capability and goal of enlarging field of manufacture
• defendant failed to make “full disclosure which as a fiduciary he owed”
• director obliged “reasonably to protect the interests of the corporation”

Source: CourtListener parenthetical corpus (CC0).