The American And English Encyclopedia of Law
The American And English Encyclopedia of Law
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Wells, I Aiken (Vt.), i8o; Sheldon v.
Fairfax, 21 Vt. 102; San Antonio v.
Lewis, 9 Tex. 69.
The authority of a corporation or its^ officers to issue its promissory note need not be expressly given by its by-laws, or by formal resolution of the board of di- rectors. Such authority can be inferred' from the acquiescence of the corporation, in, or the recognition by it of, the acts of its accredited officers in the regular course of its authorized business. First Nat.
Bank v. North Miss. Coal, etc...., Co., 86.
Mo. 125.
The authority to appoint an agent need not be specifically mentioned in the charter. Kitchen v. Cape Girardeau R.
Co., 59 Mo. 514; Old Colony R. Co. v.
Evans, 6 Gray (Mass.), 25; s. c, 66 Am..
Dec. 394.
The appointment of an agent by or for a corporation, as by a natural person, may be implied from a confirmation of his acts, or an acceptance of his servicer without objection; and after such con- firmation, or acceptance, the corporation cannot evade payment for his services by denying the validity of his appoint- ment.
What to read after The American And English Encyclopedia of Law?
You can find similar books in the "Read Also" column, or choose other free books by Merrill, John Houston. Ed to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Wells, I Aiken (Vt.), i8o; Sheldon v.
Fairfax, 21 Vt. 102; San Antonio v.
Lewis, 9 Tex. 69.
The authority of a corporation or its^ officers to issue its promissory note need not be expressly given by its by-laws, or by formal resolution of the board of di- rectors. Such authority can be inferred' from the acquiescence of the corporation, in, or the recognition by it of, the acts of its accredited officers in the regular course of its authorized business. First Nat.
Bank v. North Miss. Coal, etc...., Co., 86.
Mo. 125.
The authority to appoint an agent need not be specifically mentioned in the charter. Kitchen v. Cape Girardeau R.
Co., 59 Mo. 514; Old Colony R. Co. v.
Evans, 6 Gray (Mass.), 25; s. c, 66 Am..
Dec. 394.
The appointment of an agent by or for a corporation, as by a natural person, may be implied from a confirmation of his acts, or an acceptance of his servicer without objection; and after such con- firmation, or acceptance, the corporation cannot evade payment for his services by denying the validity of his appoint- ment.
What to read after The American And English Encyclopedia of Law?
You can find similar books in the "Read Also" column, or choose other free books by Merrill, John Houston. Ed to read onlineMoreLess
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