...164 NE 545, 546 : "Many forms of conduct permissible in a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary...held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...

...Judge Cardozo said : Many forms of conduct permissible in a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary...held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, Is then the standard...

...545), where he said : Many forms of conduct permissible in a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary...held to something stricter than the morals of the market place. Or, to borrow the language of a recent United States Supreme Court opinion in Pepper...

...464, 164 NE 545, 546: "Many forms of conduct permissible in a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary...held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...

...language like the following it approvingly quoted from Meinhard v. Salmon, 249 NY 458, 164 NE 545: "A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...

...passage, has said : 'Many forms of conduct permissible in a workaday world for those acting at arm's length are forbidden to those bound by fiduciary ties. A trustee is held to somelhing stricter than the morals of the markt'lpliH-e. Not honesty alone, but the punctilio of an...

...Appeals of New York, the famous Justice Car•dozo said in Meinharlt v. Salmon, 249 New York 458 : "A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...

...Mrinhard v. Salmon;" "Many forms of conduct permissible in' a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary...held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...

...Chief Judge Cardozo: Many forms of conduct permissible in a workaday world for those acting at arm's length are forbidden to those bound by fiduciary ties....held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...

...quoted approvingly Chief Judge (later Mr. Justice) CARDOZO's classic description of a trustee's role : "A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard...