Rockwell v. Edgcomb

Citations

• 72 Wash. 694
• 131 P. 191
• 1913 Wash. LEXIS 1540

Syllabus

<p>Vendob and Puechasee — Option — Assignment—Assumption oe Payments — Liability to Vendoe — Peincipal and Agent. An assignment of an option for the purchase of a mine, whereby the assignee agreed to make all the payments called for, does not render the assignee unconditionally liable to the vendor for the payments, where the same were all optional, the option was assignable on its face, and was obtained by the assignor as the agent and for the benefit of the assignee; since the vendor’s rights are measured by the terms of the option agreement.</p>