Case ID: pa_330/html/0335-01.html
Source: Caselaw Access Project
Author: {"author": "Pee Cueiam,", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Gramigna et al., Appellants, v. Board of Ministerial Pensions and Relief of United Presbyterian Church of North America.
    Argued April 21, 1938.
    Before Kephart, C. J., Schaefer, Maxey, Drew, Linn, Stern and Barnes, JJ.
    
      Samuel King, with him Edward B. Dufy, for appellants.
    
      Roland G. Heisler, with him Drinker, Biddle <& Reath, for appellee.
    
      May 9, 1938:
   Pee Cueiam,

This appeal raises the issue whether a principal who delivered a bond and mortgage executed in blank, together with settlement papers similarly executed, to his agent entrusted with all of the negotiations to procure a loan is bound by the delivery of the mortgage and the payment of the mortgage money to the agent, notwithstanding the agent’s misappropriation of that money. “Where one of two innocent persons must suffer loss by reason of the fraud of another, the loss must fall on him by whose act the wrongdoer has been enabled to commit the fraud”: Mielcuszny v. Rosol, 317 Pa. 91, 96. The court below correctly so held.

Decree affirmed, costs to be paid by appellants.