State Banking & Tr. Co. v. Henry Martin Brick Mach. Mfg. Co.

Citations

• 33 Ohio C.C. Dec. 475
• 22 Ohio C.C. (n.s.) 100

Syllabus

<p>CORPORATIONS — SALES</p> <p>1. Signature of Manager of Vendee Corporation Sufficient.</p> <p>When it appears in the body of a conditional contract of sale that the vendee is a certain corporation, and the contract is signed by the purchaser in such manner as to comply with the provisions of Sec. 4155-2 R. S. (Secs. 8568 G-. C. et sect.), if signed by and in the name of its manager thereunto lawfully authorized, it is binding although the name of the corporation is not signed.</p> <p>2. Vendor under Conditional Salei at Common Law may Retake without Tendering Repayment.</p> <p>At common law where title is expressly retained in the vendor of chattels until the purchase price is paid, upon default by the vendee, the vendor can retake them either from the vendee or any one having possession, without first tendering repayment of the sums paid by the vendee.-</p>