
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. 1894 Excerpt:...the same shall be deemed, taken and treated as due, maturing and collectible on the first day thereafter which is not Sunday or a legal holiday. ARTICLE 3. Agency. 1405. Act of agent good though principal be dead; when; proviso. Sec. 1406. Notes made before deatb of princi-pal and passed away by agent after, when valid; proviso; limitation. Section 1405. (1302.) If any agent, constituted by power g A of attorney or other authority, shall do any act for hie principal S4,dn.c'vJJ'e which would be lawful if such principal were living, the same proviso, shall be valid and binding on the estate of said principal, although!fU8, VI" 859, he or she may have died before such act was done: Provided, The party treating with such agent dealt bona fide, not knowing at the time of the doing of such act that such principal was dead. Generally: Power not coupled with interest does not survive.--Johnson v. Johnson, 27 8. C, 309. Sec. 1406. (1291.) If any note or bill, whether filled up Notes made before or after having been signed or endorsed, shall be passed principal and away after the death of such drawer or endorser, by an agent agentafter! duly constituted in his or her lifetime, the same shall be valid proviso; limitaand binding on his or her estate, in like manner as though he or 'lon she had not died before such passing away: Provided, The receiver of such note or bill received the same bona fide, without a knowledge of such death, and that the act of the agent would have been binding on the principal if it had been done before such death; the act to be done, either under the power of attorney or authority, or in relation to the bill or note, must be done within nine months after the death of the principal, or of the drawer or endorser of such note or bill. May...
Page Count:
454
Publication Date:
2012-03-04
Publisher:
RareBooksClub.com
ISBN-10:
1130781186
ISBN-13:
9781130781182
No comments yet. Be the first to share your thoughts!