Briefs

Briefs

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1834 edition. Excerpt: ...326 and could not obtain a part only. 4. The resolutions of the common council of Albany required the termination to be at or near that point. See resolutions among papers, on page 76 of this case. Second. The Executive Committee had full power, under the charter and bye-laws of the Company, to make the agreement and purchase, and the arrangement with Costigan, and the Company is bound by the acts of its agents. Clark vs. Corporation of Washington, 12 Whea ton, 40-46, and cases cited. Bank U. S. vs Daudridge, ibid., 64, 68, 69-73. Bank of Columbia vs. Pattison's Ex'rs, 7 Cranch, 327 306. As such agent of the Company, the Executive Committee made the agreement with Costigan to take the conveyance of the property as the agent of the Company, and Costi-gan, on the request of the Committee, advanced the mo-ney to be paid down upon the purchase. This alone ren-ders the Company liable to repay that money, with inte-rest. The dining room was put up by Costigan, as the agent of the Company, and with the approval, tacit, if not expressed, of the Executive Committee and the Com-pany. Of course the accounts for moneys laid out by him 328 for the Company, he would keep in his own books, and not in those of the Company, over which he had no control. It was a beneficial arrangement for the Company. The account of the cost of its erection, and the ad-ditional rent paid by Freeman in consequence of its erection, shows the Company realized 14 per cent per annum on the investment. See Exhibits B. and C. and Schedule to ori-ginal bill. Third. The proofs sustain fully every material allegation in Costigan's answer and in his cross bill. See depositions and exhibits on the part of Costigan. 329 The Company took no proofs. The answer of the Company to the cross bill...show more

Product details

  • Paperback | 122 pages
  • 189 x 246 x 7mm | 231g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236655885
  • 9781236655882