The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1905-02-18

tbs sspiar partner found upon hia
desk one morning at the close ut the
Juno term. n read aa foiIoHH
aMr. Jos Soaring beBa Nj hui'
ledge 90 appoint ah early hour ON
IThutaduy. juno 20 for eanhuliA-
/ ton on matter II immediate I'M
|purfuucc
rho lawyer Immediately dispatch
eli hts secretary 20 inform the Hrm
most important client that at hul.
/ Ledge would nro him Ia two houfh
time
Mr. joe Soaring was president OF
I the Coast a Godf railroad. president
Of tho Middle states bank. first vice
president Of the Interior Trust a
Securities co. aud Huppoaedly the
personal representative 81 oih'I
! large financial interests Mr. scar
| Ing WIS client 20 be rcck0hsd win.
/ but bis importance. which hs dln
not underestimate met itH foil ia
Mr. HutledRe.s manner which was
superior To tho last deEree. More
/ than once the Coast 4 Gulf railroad
would have changed SIS counsel haa
not the senior partners calm stare
Of superiority mastered frshidenl
Soaring II was his knowledge OF
this mower that caused Mr. HutlcdEr
/ to postpone his clients visit for Two
/ hours although he had no lnterFen-
ing engagement
4 think I know the anaWern 70
most of the questions I shall ask
/ You this morning. Mr Hutie'iEe,
/ soaring began. after taking the
chair 10 which the lawyer mutioned
/ him However. I want TO refresh
my memory aH you lawyers say
Mr RutlrdEc smiled induiEeutly.
/ leaned buck In his chair and De
gan playing a silent tattoo With
/ nenboider against hiH lipH
/ II two companies arc about 20 40
business together. and some OF lhf
directors in one company are also
directors In the other there iH moth
/ ing In that fact 20 forbid the trans
action. la fheroF'
Not II both sides arc acting IN
good faith
You mean II might be charged
/ that some OF the directors we're
/ more Interested In one company
than IN the other. and therefore .
would be better 10 avoid the dual
representation
Certainly. n possible
Directors DO not incur any per
Honal liability Ia making contracts
/ for their company do they
Not II they act With ordinary
prudence and in good faith"
Good faith iB the string yon law
/ yerH always tie 70 your opinions.
/ Isn't it1'
Tho tattoo oi the penholdsr con
/ tnued for some seconds before NJ.
Rutlodge stopped It by opening BIZ
I lIpa 20 reply.
Good faIth is the basis Of all le-
/ gal transactions. Mr. Soaring
quite W. hat II the contract
proved Improbable. or even diHast-
roua. would the directors incur per
/ honal responsibility
aSot unless thcY knew or ought
to have anticipated the disastrous
result"
TIM Well. most contracts turn
out better for one side than the
/ ufher-dunt they
Mr.. Rullcdge nodded acquieHrcnt-
/ II and resumed the tattoo On his
/ Iipa Soaring next began a series u
questions about contracts and the
I methods uf enforcing them was
this way safe and that way deaira-
/ hte7
II Mr. Rutledge answered Yes"
the client pressed The matter 20
I further. but when bis advisor
doubted the prudence Of any move.
/ Mr. Starring wanted every detail
Could not the Mr A. Of
whom RutiedEe spoke have saved
himself b doing thus and So II
not. why mott Gould not the
B. company in the given in
stance. have taken advantage 81
such and such facts and avoided the
difficulty suppose the cir
Ieumstnueez 81 the C com
pany'' had been. rot a. the lawyer
stated. but like this. for instance.
would the disaster have been I'M
avuldahlef
| Had anyone inainuated that Mr.
RutiedKo was teaehlug his client
how 80 perpst rate fraud with safety.
hts ~, expression Of surprise would
undoubtedly have turned 10 a con-
yincluE glance Of horror and ludig-
nation
4 think perhaps you would get a
clearer Insight into the matter. Mr.
searing." he intetpoaed. II you
stated the particular case you have
in mind. 50 ! might apply the law
directly 10 g. Abstract principles
are difficult 20 remember
Mr.. ssaring EAred thoughtfully At
the speaker az though considering
the suggestion Then he shook his
head slowly and lapsed Into a rev.
erie Mr.. RutlsdKe signed quite an
accumulation Of correspondence be-
fore his attention waa again rcQulr-
ed
Mr. RuiiedEe. You incorporated
the Plarento company. didn't you
To be Cuntinucdl
Agonlxlnp Burns
are instantly relieved and perfectly