Olson v. Schulz

Citations

• 91 Wash. 475
• 158 P. 90
• 1916 Wash. LEXIS 1088

Syllabus

<p>Principal and Agent — Relation — Wrongful Acts of Agent — Liability of Principal. A creditor, secured by note and mortgage, who, by power of attorney, appointed an agent to collect payments and execute pro rata releases upon the sale of the mortgaged lots, cannot recover from the mortgagor for misappropriations by the agent in failing to apply payments on the mortgage; since he was his agent, and not the agent of the debtor or mortgagor.</p>