Cases On the Law of Agency
Cases On the Law of Agency
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In our eReader you can find the full English version of the book. Read Cases On the Law of Agency Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Cases On the Law of Agency
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notes, was held to have ratified the agreement, so that he could not enforce the mortgage which at the time was improperly canceled.
In Peninsular Bank v. Hanmer, 14 Mich. 208, a contract was entered into by the cashier in behalf of the bank, by which security was given by a debtor on long time to a creditor, in the interest and on motion and arrangement of the cashier, who, in order to procure the asset of the creditor, without authority from the bank made and delivered a bond of indemnity aga...inst a prior mortgage on the property covered by the collateral security. The bank re- ceived the benefit of the transaction and defended the creditor against a suit to foreclose the prior mortgage. It was held that, having appropriated the benefits, the bank must affirm or rescind in toto; that it could not disaffirm as to those parts which impose an obligation and affirm it so far as it operated to its advantage, and that the entire arrangement was ratified.
In Whitlock v. Heard, 3 Rich. 88, the plaintiff was a carriage maker and his shop was under the management of W.
What to read after Cases On the Law of Agency?
You can find similar books in the "Read Also" column, or choose other free books by George L George Louis Reinhard to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
notes, was held to have ratified the agreement, so that he could not enforce the mortgage which at the time was improperly canceled.
In Peninsular Bank v. Hanmer, 14 Mich. 208, a contract was entered into by the cashier in behalf of the bank, by which security was given by a debtor on long time to a creditor, in the interest and on motion and arrangement of the cashier, who, in order to procure the asset of the creditor, without authority from the bank made and delivered a bond of indemnity aga...inst a prior mortgage on the property covered by the collateral security. The bank re- ceived the benefit of the transaction and defended the creditor against a suit to foreclose the prior mortgage. It was held that, having appropriated the benefits, the bank must affirm or rescind in toto; that it could not disaffirm as to those parts which impose an obligation and affirm it so far as it operated to its advantage, and that the entire arrangement was ratified.
In Whitlock v. Heard, 3 Rich. 88, the plaintiff was a carriage maker and his shop was under the management of W.
What to read after Cases On the Law of Agency?
You can find similar books in the "Read Also" column, or choose other free books by George L George Louis Reinhard to read onlineMoreLess
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