"A trustee is held to something stricter than the morals of the market place. ...Uncompromising rigidity has been the attitude of courts of equity when petitioned to undermine the rule of undivided loyalty by the 'disintegrating erosion' of particular exceptions. Only thus has the level of conduct for fiduciaries been kept at a level higher than that trodden by the crowd."
Supreme Court Justice Benjamin Cardoza
Meinhard v. Salmon, 1929
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