Peabody v. Hoard

Citations

• 46 Ill. 242

Syllabus

<p>1. Agent—power of to convey land. A party may by letter authorise amotbeif to make a contract for the sale of real estate.</p> <p>2. A power to convey land must be in writing, and of equal dignity with the deed to be executed.</p> <p>3. An agent is not authorized by a letter not under seal to make a d.eed for his principal.</p> <p>4. A person purchasing, of an agent is bound at Ms peril to see the authority of the agent before he purchases.</p>