Stanley Forman Reed

“ It is 'rudimentary' that a state 'will not lend the aid of its courts to enforce a contract founded upon a foreign law where to do so would be repugnant to good morals, would lead to disturbance and disorganization of the local municipal law, or, in other words, vi late the public policy of the state where the enforcement of the foreign contract is sought.' Bond v. ”

“ An appeal limited to the 'correctness of the judgment of the trial court concerning the persons entitled to receive the assigned interests' was prosecuted on an agreed statement of the record under Rule 76 of the Rules of Civil Procedure, 28 U.S.C.A. following section 723c. ”

“ They operated as a New York common law association called the Middleton Tex Oil Syndicate. The record here shows that 'Prior to the issuing of the policy and thereafter, the members advanced considerable money to Gordon, and the premiums on the policy were paid by the members of the syndicate at Gordon's request, upon his agreement to repay the syndicate. Premiums were paid on the policy by the syndicate, in accordance with this agreement and were never repaid by Gordon.' A term insurance policy was taken out by Gordon with the Syndicate named as beneficiary. ”

“ Applying that reasoning this Court affirmed the federal court in following Texas' decisions which refused to enforce a valid foreign contract of guarantyship against a married woman. Union Trust Co. v. Grosman, 245 U.S. 412, 38 S.Ct. 147, 62 L.Ed. 368. Likewise state courts have been upheld in refusing to lend their aid to enforce valid foreign contracts which required the doing of prohibited acts within the state of the forum. ”