FREE BOOKS

Author's List




PREV.   NEXT  
|<   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66  
67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   >>   >|  
304._) An assignment to assign future patents, in consideration of the assignee's paying the expense of taking them out, is broken by his refusal to pay for and take out a particular patent when requested, and a subsequent assignment to another conveys a perfect title. (_Buck_ vs. _Timony, 78 Fed. Rep., 487._) Any assignment which does not convey to the assignee the entire and unqualified monopoly which the patentee holds in the territory specified, or an undivided interest in the entire _monopoly,_ is a mere license. (_Sanford_ vs. _Messer, 2 O. G., 470._) When a party does license, grant, and convey any invention which he may hereafter make, this gives only an equitable right to have an assignment made, and this right may be defeated by assignment of the patent to a purchaser for value without notice of this equity. (_Regan Vapor Engine Co._ vs. _Pacific Gas Engine Co. (Nineth Cir.), 7 U. S., App., 73._) [Sidenote: Territorial Grants.] A territorial grantee cannot be restrained from advertising and selling within his territory, even though the purchasers may take the patented article outside the vendor's territory. (_Hatch_ vs. _Hall, 22 Fed. Rep., 483._) One who buys patented articles of manufacture from an assignee for a specified territory becomes possessed of an absolute property in such articles, unrestricted in time or place. (_U. S. S. C., Keller et al._ vs. _Standard Folding Bed Co., 71 O. G., 451._) The sale of a patented machine by one authorized to sell, conveys the whole ownership to the purchaser, who may sell it again to another. (_Morgan Envelope Co._ vs. _Albany Perforated Wrapping Paper Co., 152 U. S. 425._) [Sidenote: Licenses.] Every person who pays the patentee for a license to use his process becomes the owner of the product, and may sell it to whom he pleases, or apply it to any purpose, unless he binds himself by covenants to restrict his rights of making and vending certain articles that may interfere with the special business of some other licensee. (_Met. Washing Machine Co._ vs. _Earl, 2 Fish., 203; 2 Wall., Jr., 230._) A license is not forfeitable for non-payment of royalties in the absence of express provisions to that effect. (_Wagner Typewriter Co._ vs. _Watkins, 84 Fed. Rep., 57; 1898._) A shop right is a personal license and is not assignable. (_Gibbs_ vs. _Hoefner, 19 Fed. Rep., 323; 22 Blatch., 36._) A license to a person to use an invention only "at his ow
PREV.   NEXT  
|<   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66  
67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   >>   >|  



Top keywords:

license

 

assignment

 
territory
 

patented

 

articles

 

assignee

 

purchaser

 
patentee
 

Engine

 

monopoly


invention

 

Sidenote

 

person

 
conveys
 
patent
 

entire

 

convey

 
pleases
 

machine

 

Folding


Standard
 

purpose

 
product
 

Licenses

 

Albany

 

Perforated

 

Envelope

 

process

 

Wrapping

 
ownership

Morgan

 

authorized

 

licensee

 
Typewriter
 

Watkins

 
Wagner
 
effect
 

royalties

 

absence

 
express

provisions

 
Blatch
 
personal
 

assignable

 

Hoefner

 

payment

 

special

 
business
 
interfere
 

restrict