BROWN
v.
TARKINGTON
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In this dispute over banking transactions, the Supreme Court affirmed a lower court judgment against Brown, holding that a plaintiff cannot recover on a promise arising from illegal banking activities when the plaintiff himself was a participant in the illegality. The Court rejected Brown's arguments that a subsequent settlement and promissory notes purged the original illegal transaction of its taint, finding that a new promise founded upon an illegal consideration remains equally unenforceable, and that Brown's failure to object to procedural irregularities in the admission of evidence waived any such objections.
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Mr. Justice NELSON delivered the opinion of the court.
"We perceive no valid objection to the charge given by the learned judge below. It referred to the facts with great particularity and accuracy. The principle of law which it laid down is familiar, and the evidence in the ease called for its application. The illegality of the charter of the bank, and of the organization under it, as well as the business of banking conducted through its means, were matters not in controversy upon the evidence. The only material question open was, whether or not the plaintiff was pariiceps criminis ? If he was, he was disabled, under the maxim, to recover. The law leaves the party thus situated where it finds him. If either has sustained loss by the bad faith of his associates, it is but a just punishment for the illegal adventure.
To the argument of the counsel for the plaintiff — that admitting the banking transactions to be illegal, yet that the settlement of the balance and giving notes for the same purged the new promise, as he calls it, from the original taint — the answer is, that the new promise is founded upon the illegal consideration; a debt or demand growing out of the illegal transactions: and is as infirm*, in the eye of the law, as the implied promise that existed previous to the giving of the notes.
There were several prayers for instructions on the part of the plaintiff, which were refused in the form presented. Most of them were irrelevant and immaterial, and neither even alluded to the ground upon which the case was placed before the jury. The court embraced in its charge all that was material or pertinent in the instructions prayed for. It is also insisted for the plaintiff that the deposition of S. L. Campbell, the president of the bank, was improperly admitted on account of an irregularity in taking it under the act of Congress. It appears that a motion had been made, at a previous term of the court, to set aside this deposition on the ground stated; which was denied. On the trial, when the deposition was offered, no objection was made to it. The question, therefore, is not in the bill of exceptions; on the contrary, if any valid objection existed, it was waived by not taking advantage of it at the trial.
[See Orchard v. Hughes, 1 Wallace, 73; Brooks v. Martin, 2 Id. 70.—Rep.]
Judgment affirmed.
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Awotin v. Atlas Exch. Nat'l Bank of Chicago, 295 U.S. 209 (U.S. 1935)…ower to contract, although embracing that limitation. It is a prohibition of liability, whatever its form, by way of “recourse” growing out of the transaction of the business. See Bank of United States v. Owens, 2 Pet. 527, 537; Brown v. Tarkington, 3 Wall. 377, 381; Thomas v. Richmond, 12 Wall. 349, 356; Continental Wall Paper Co. v. Voight & Sons Co., 212 U. S. 227, 262. National banks are public institutions and the purpose and effect of the statute is to protect their depositors and stockholders and th…
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