Summary

Portrait of Harlan F. Stone Harlan F. Stone Scott Paper Company v. Marcalus Mfg Company…

If public policy does not preclude an individual from being held to a fair bargain with another when he purported to sell as a patent what in fact was never patentable, what is there in reason-for there is nothing in what Congress has said-that should preclude enforcement of a fair bargain whereby an individual agreed, in effect, not to compete with another regarding a machine which turns out not to have been patentable because it represented an expired patent open to all the rest of the world?
Source: Wikisource

Portrait of Harlan F. Stone Harlan F. Stone Scott Paper Company v. Marcalus Mfg Company…

The essence of the principle of fair dealing which binds the assignor of a patent in a suit by the assignee, even though it turns out that the patent is invalid or lacks novelty, is that in this relation the assignor is not part of the general public but is apart from the general public. The isolated, individual relation between assignor and assignee, due to the sale by the assignor of something which he afterwards should not be allowed to say was nothing, is the basis of the doctrine of fair dealing which operates against him and against nobody else.
Source: Wikisource

Portrait of Harlan F. Stone Harlan F. Stone Scott Paper Company v. Marcalus Mfg Company…

It is important to emphasize that the principle of good faith which the conscience of equity has thus enforced binds only an assignor who seeks to use the courts to defeat that which he purported to sell. It merely restricts one person, the assignor, from denying that he sold a patent when he purported to sell it, leaving the whole rest of the world free to assail the validity or novelty of the patent.
Source: Wikisource

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