New York Court of Appeals

James Murray, Appellant v. William H. Beard, Respondents

June 1, 1886102 N.Y. 505

Summary

The New York Court of Appeals affirmed the nonsuit of the timber broker, holding that his commission agreement lacked consideration and was void due to his fraudulent suppression of material facts and conflict of interest, which violated the duty of utmost good faith owed by an agent to his principal.