Mandatory for Armenia ... Report ..

Cover Mandatory for Armenia ... Report <to Accompany S. Con. Res. 27> ..
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S. 132,''l48.) The law of mandatum is of Roman origin and is analogous to the modern law of agency. The name has survived in the Louisiana Mandate, the French Mandat, the Italian and Spanish Mandato.
The principle also exists under the German civil code.
Although the Roman mandatum was agency without remunera- tion, its fundamental rules as to the scope, revocation, and dissolu- tion of an agent's authority underlie the modern law of all agency, (Sherman, Roman Law in the Modern World, sec. 800
....) One feature is especially worthy of mention. The prmcipal may revoke the agent's authority at any time; but, while the agent may resign or renounce his authority, the resignation must not be untimely; if the renunciation is made at a time when the principal can not accomplish his object without suffering a detriment, the latter can bring an action at law against the agent. (Ibid., sec. 803.) In Briggs v. Spauldmg (141 U. S. 132, 145), speaking of directors' liability. Fuller, Chief Justice, says, quoting Judge Sharswood in a Pennsylvania case : They are undoubtedly said in many authorities to be trustees, but that, as I appre- hend, is only in a general sense, and we term an agent or any other bailee intrusted vvdth the care and management of the property of another.

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Mandatory for Armenia ... Report <to Accompany S. Con. Res. 27> ..
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