Flanagan v. Brown
Citations
- 70 Cal. 254
- 11 P. 706
- 1886 Cal. LEXIS 777
Syllabus
<p>Agent for Collection—Release of Debt by Principal—Promissory Note — Action on by Agent. — Where the owner of a promissory note delivers it indorsed in blank to another, with power to manage, transfer, or dispose of it, under an agreement whereby its proceeds are to be equally divided between them, the transferee is a mere agent for colletition, and a release of the note subsequently executed by the owner to the payee is a defense to an action against him by the agent.</p> <p>Id. —Power Coupled with Interest —Revocation of Agency— Consideration. — In such a case, the power of the agent is not coupled with an interest within the meaning of section 2356 of the Civil Code, and may be revoked by the principal, notwithstanding the contract of agency was founded upon a valuable consideration.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “It is true that the law imputes to the principal all notice or knowledge concerning the subject matter of the agency which the agent acquires while acting as agent and within the scope of his authority....”
- “It is true that the law imputes to the principal all notice or knowledge concerning the subject matter of the agency which the agent acquires while acting as agent and within the scope of his authority[.]” (citation omitted)
Source: CourtListener parenthetical corpus (CC0).
Judges: Searls
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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