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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It must see that the check is paid to the payee therein named upon his genuine indorsement, or it will remain responsible. Pickle vs. Muse, 88 Tenn. 380, 17 Am. St. Ptep. 900.
An authority to receive checks in lieu of cash in payment of bills placed in the hands of an agent for collection does not authorize the agent to indorse and collect the check. Grahom vs. Institu- tion, 46 Mo. 186; 1 Wait, Act. & Del p. 284; 1 Daniel, Neg. Inst. - § 294. The indorsement of the check was not a necessary in...cident to the collection of accounts. Graham vs. Institution, 46 Mo. 186. It follows that a drummer or commercial traveler, employed to sell and take orders for goods, to collect accounts, and receive money and checks payable to the order of his principal, is not by implication authorized to indorse such principal's name to such checks. No equitable considerations can be invoked to soften seeming hardships in the enforcement of the laws and rules fixing liability on persons handling commercial paper.
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 Floyd R Floyd Russell Mechem to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It must see that the check is paid to the payee therein named upon his genuine indorsement, or it will remain responsible. Pickle vs. Muse, 88 Tenn. 380, 17 Am. St. Ptep. 900.
An authority to receive checks in lieu of cash in payment of bills placed in the hands of an agent for collection does not authorize the agent to indorse and collect the check. Grahom vs. Institu- tion, 46 Mo. 186; 1 Wait, Act. & Del p. 284; 1 Daniel, Neg. Inst. - § 294. The indorsement of the check was not a necessary in...cident to the collection of accounts. Graham vs. Institution, 46 Mo. 186. It follows that a drummer or commercial traveler, employed to sell and take orders for goods, to collect accounts, and receive money and checks payable to the order of his principal, is not by implication authorized to indorse such principal's name to such checks. No equitable considerations can be invoked to soften seeming hardships in the enforcement of the laws and rules fixing liability on persons handling commercial paper.
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 Floyd R Floyd Russell Mechem to read onlineMoreLess
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