Tewksbury v. Spruance
Citations
- 75 Ill. 187
Syllabus
<p>Agency—agent to purchase cannot he seller to himself. An agent or broker employed, to purchase for his principal cannot become the seller without notice to the principal. Therefore, a commission merchant employed to go upon the market and buy for another a given quantity of wheat for cash, is not authorized to turn over to his principal wheat held by him, even if he charges no more than the market price. His interest must not come in conflict with his duty.</p>
Judges: Craig
Read full opinion on CourtListenerSourced 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.