O'Connell v. Marvin
Citations
- 47 Wash. 8
- 91 P. 254
- 1907 Wash. LEXIS 697
Syllabus
<p>Bills and Notes —• Liability on Indorsement — Principal and Agents—Brokers—For Whom Acting. Where the owner of lands agreed with C. with respect to a net price at which C. might sell the property, brokers employed by C. to effect a sale are not agents of the owner, where it appears that they found a prospective purchaser and took from him a draft and indorsed the same over to the owner, without limitation, as a first payment demanded by the owner, which was to be forfeited in case the other payments were not made; hence the brokers are liable to the owner on their indorsement upon dishonor of the purchaser’s draft.</p>
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.