Decell v. Hazlehurst Oil Mill & Fertilizer Co.

Citations

• 83 Miss. 346

Syllabus

<p>1. Equity Jueisdiction. Agent. Misappropriation of funds. Accounting. Const. 1890, sec. 147.</p> <p>When a court of equity has taken jurisdiction of a proceeding to compel an agent to account for misappropriated funds, its decree will not he disturbed on appeal on the ground that the complainant had a complete remedy at law.</p> <p>2. Same. Privilege tax. Non-payment by principal. Code 1892, ? 3401.</p> <p>The nonpayment by his principal of the privilege tax imposed upon his business will not shield an agent employed therein from liability for misappropriation of money in the conduct of such business, the law rendering void all contracts made in reference to the business during the period of delinquency not relating to contracts between those engaged in the business, but to those with outside parties.</p>