Court Opinion

ID: 9613454
Source: CourtListenerOpinion
Date Created: 2023-08-22 04:17:05.397924+00
Date Added: 2024-06-11T18:03:29.140761
License: Public Domain

Duckworth, Chief Justice,
dissenting. This record and the ruling in the majority opinion establish beyond dispute the following facts and law: (1) At the time the alleged contract was executed by the president of the corporation, the garments designed by the partnership were on the open markets. (2) Anyone, *672including this corporation, could have copied them without the consent of and despite opposition from the partnership and without paying anything therefor to the partnership. (3) Every cent that the alleged contract would require the corporation to pay would be wholly unnecessary, if there was no valid contract requiring the same. (4) The alleged contract was void because it was never authorized by the directors of the corporation, hence the corporation was never obligated by a valid contract to pay something that the majority concede it would not have to pay unless required to do so by the terms of a valid contract. (5) The president executed the contract without authority from his corporation, and by its terms he was to personally receive a share of the payments it required.
Therefore, I must dissent from the opinion which sanctions taking the money of the corporation solely by virtue of an invalid contract, purportedly executed by the president in behalf of his corporation, without its authorization, and by which he receives a profit at the expense of his corporation.