Crowley v. Genesee Mining Co.

Citations

• 55 Cal. 273

Syllabus

<p>Corporations—Contract — Agent.— The common-law rule that a corporation has no capacity to act or to make a contract, except under the common seal, lias been long since exploded in this country; and the authority of an agent to make a contract may be inferred from his admitted relations to the corporation, or from its course of business. Held, accordingly, in an action against a corporation, upon a contract made with one who was admitted to be tlio president and superintendent and general managing agent of tho corporation, that this admission was sufficient evidence of his authority to make the contract, and that it was unnecessary to show any vote or other corporate act giving him such authority.</p>