Steele v. Gold Fissure Gold Mining Co.
Supreme Court of Colorado
Appeal from the District Court of Arapahoe County. Hon. Frank T. Johnson, Judge. Action by Clay B. Steele against The Gold Fissure Gold Mining Company. From a judgment for defendant, plaintiff appeals.
1Opinion of the CourtJustice Gabbert
The relation of a director to the corporation which he represents in that capacity is fiduciary, and for this reason the law forbids him from making a contract in which his private interests may conflict with the interests of his principal. He cannot unite his personal and representative character in the same transaction. — Paxton v. Herron, 41 Colo. 147; Morgan v. King, 27 Colo. 539; Fishel v. Goddard, 30 Colo. 147; Mosher v. Sinott, 20 Colo. App. 454; Butts v. Wood, 37 N. Y. 317; Coleman v. 2nd Ave. R. R. Co., 38 N. Y. 201; Hoyle v. Pittsburgh & Mo. R. R. Co., 54 N. Y. 314; Martin v. Santa…
2Cases cited14 opinions
- Miner v. Belle Isle Ice Co.Michigan Supreme Court · 1893
- Butts v. . WoodNew York Court of Appeals · 1867
- Jones v. MorrisonSupreme Court of Minnesota · 1883
- Hoyle v. Plattsburgh & Montreal RailroadNew York Court of Appeals · 1873
- Morgan v. KingSupreme Court of Colorado · 1900
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3Cited by9 opinions
- Marguerite Irwin v. West End Development Company, a Colorado CorporationCourt of Appeals for the Tenth Circuit · 1973
- Wonderful Group Mining Co. v. RandWashington Supreme Court · 1920
- Irwin v. West End Development CompanyDistrict Court, D. Colorado · 1972
- O'MALLEY v. CaseyColorado Court of Appeals · 1979
- In re Wenatchee-Stratford Orchard Co.District Court, W.D. Washington · 1913
4 more not listed; retrieve them via the Exa API.