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

Who's Who in America Marquis Who's Who, also known as A.N. Marquis Company ( 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 A ...

'' (1901-1902 edition), via archive.org – 1907) was an American

lawyer A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system, as w ...

notable for his work for

John D. Rockefeller John Davison Rockefeller Sr. (July 8, 1839 – May 23, 1937) was an American businessman and philanthropist. He was one of the List of richest Americans in history, wealthiest Americans of all time and one of the richest people in modern hist ...

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

Standard Oil Standard Oil Company was a Trust (business), corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil of Ohio, Standard Oil Company (Ohio), which had been founde ...

, 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 stock 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 and consequently prohibits unfair monopolies. It was passed by Congress and is named for S ...

and argued that only "unreasonable" restraints of trade 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 turn on question ...

in '' Standard Oil Co. of New Jersey v. United States'' (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 {{DEFAULTSORT:Dodd, Samuel Calvin Tate 1836 births 1907 deaths American lawyers Standard Oil