Crescent City Stock Yards v. Bosch & Martin

Citations

• 12 Teiss. 366
• 1915 La. App. LEXIS 72

Syllabus

<p>Syllabus.</p> <p>As a general rule the manager of a corporation has no authority to lease the property oí the corporation unless such authority is conferred upon him by the charter or by the bylaws, or by resolution of the board of directors.</p> <p>When parties agree to lease property with the intention of reducing the lease to writing, either party may recede before signing.</p>