Samuel Calvin Tate Dodd (February 20, 1836DODD, Samuel C. T.
in ''

Who's Who in America Marquis Who's Who ( or ) is an American publisher of a number of directories containing short biographies. The books usually are entitled ''Who's Who in...'' followed by some subject, such as ''Who's Who in America'', ''Who's Who of American Wome ...

'' (1901-1902 edition), via

archive.org The Internet Archive is an American digital library with the stated mission of "universal access to all knowledge". It provides free public access to collections of digitized materials, including websites, software applications/games, music, ...

–1907) was an American

lawyer A lawyer is a person who practices law. The role of a lawyer varies greatly across different legal jurisdictions. A lawyer can be classified as an advocate, attorney, barrister, canon lawyer, civil law notary, counsel, counselor, solic ...

notable for his work for

John D. Rockefeller John Davison Rockefeller Sr. (July 8, 1839 – May 23, 1937) was an American business magnate and philanthropist. He has been widely considered the wealthiest American of all time and the richest person in modern history. Rockefeller was ...

. Dodd created the business trust arrangement that enabled Rockefeller's control of many oil companies, and he organized

Standard Oil Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-f ...

, one of the earliest large

holding companies A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

. Dodd was an opponent of the

Sherman Antitrust Act The Sherman Antitrust Act of 1890 (, ) is a United States antitrust law which prescribes the rule of free competition among those engaged in commerce. It was passed by Congress and is named for Senator John Sherman, its principal author. Th ...

and argued that only "unreasonable"

restraints of trade Restraints of trade is a common law doctrine relating to the enforceability of contractual restrictions on freedom to conduct business. It is a precursor of modern competition law. In an old leading case of '' Mitchel v Reynolds'' (1711) Lord S ...

should be illegal; this view was adopted (after Dodd's death) by the

United States Supreme Court The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point o ...

in ''

Standard Oil Co. of New Jersey v. United States ''Standard Oil Co. of New Jersey v. United States''(1910), was a case Case or CASE may refer to: Containers * Case (goods), a package of related merchandise * Cartridge case or casing, a firearm cartridge component * Bookcase, a piece of furn ...

'' (though the court found Standard Oil's behavior to be unreasonable and ordered the company's break-up).

References

Samuel Calvin Tate Dodd - FREE Samuel Calvin Tate Dodd Biography , Encyclopedia.com: Facts, Pictures, Information!
at www.encyclopedia.com

External links

* {{DEFAULTSORT:Dodd, Samuel Calvin Tate 1836 births 1907 deaths American lawyers Standard Oil