Town of New Athens v. Thomas

Citations

• 82 Ill. 259

Syllabus

<p>1. Corporations—bound by implied, contracts. Corporations can be bound by contracts made by their agents, though not under seal, and also on implied contracts, to be deduced, by inference, from corporate acts, without either a vole or deed in writing.</p> <p>2. Where attorneys, at the request of a town council, addressed a meeting of the citizens, and explained the terms upon which the holders of bonds of the town proposed to cancel them, which proposition was accepted by the meeting, and the attorneys directed to prepare an ordinance for the purpose of consummating the settlement, which they did, and the town council afterwards adopted the ordinance, and the bonds were taken up in pursuance thereof, and the whole matter adjusted with the assistance of the attorneys, it was held, they were entitled to recover pay from the town for their services.</p>