Benevolent Order of Active Workers ex rel. Binns v. Smith

Citations

• 1 Pa. Super. 1
• 1895 Pa. Super. LEXIS 1

Syllabus

<p>Principal and agent — Duties of collecting agent — Beneficial insurance company.</p> <p>Where an officer of a beneficial association authorized to collect taxes and dues receives money, due the corporation, he is. bound to hold it and pay it to the treasurer. Payment to Mm is payment to the company. Such an agent cannot take it upon himself to return the money because he fears that his principal may not be able to perform the contract whereon the money was received.</p>