, 1875-12-17
COMMERCIAL LAW.

An ImItortnnt Decision BIZ tho New
York coinniinsior of iAppetl1s.
TO th< t:aftor of The Chtcaao 7ttoIns
MILWAUKEE, Doc. 11.-1n your paper Of Dec.
4 Ia : wpll-astsen article entitled " Important
Decisions In Cummotelat Law" In that article
a,'uson is made 10 ssvaral dcclslous to tho
enect "thst whcn bill OF laJiug ia Issued III
e1oess Of tho actual goods received. tho agent III
exceeding hla sutaority and does not bud hla
prinsipA.." The comsAents ot The writer Of .hu
article upon the sfeot Of sucL decisions arc
eu'ucntly inst. Az tlie points ono Of practical
Importance, ynut orlespondout has thought
that pert.ps tho synol els Of a esso recently do
cided by tho Commission Of Appeals OF New
York maY not ba wholly 1ovold OF iAtsEest. Tho
csBe was this:
Tho Michigan Central Hallway Company in
October, 1867, BY lis general agclt, Issued bills
Of ,ading 10 ono y. Tho bills Of lad:ng namod
Armour h rlhnklnson as cdhslsnsee.. Ii, rop-
scscnted 10 tho agent that 10 had quantity Of
i4sd In 4 wurehouse; shd delivered TO tAta ageut,
u ths unsc 10 obsainsdtne BILLS OF Isding, what
purported to ba waFehouso-focoipts for tho lard
Tho agsas qt iha Company received tl,a seceip,n.
Anu delivered to II. tAn Hills OF ladlng. Tho
wnFslou4s.teGGOlpts proved to 10 toFge1es, 1hs
Company NhA uuablo to obtain any l'rl NJ.
dlaw drA!tH uI,oo Armour Il PlkuAlutun, of
Now York. and Atsachsd the same 10 the bi,s OF
1aaug. llo procured = discount OF tho
dralta, and AbscOndod With sle n4onpJ. Ihe
tsafts viii tho BILLS Of tading were forwarded
To Now YORK, aud presented to Afmouf Il rlauk-
!aton, Who pasa thsu', 1elsiuX upon thu tl,s Of
l4dhH. No lard aotniug forward, Armour Il
E]abE,ntnu coa4tncneed > sult atainat tho lsslt-
soId Company. Tue Company rot an, among
other defeueos that the agou in giving tho Ltlts
Of ltalng without having tho property tp hls
custody, had exceeded Ala autholitS. Armour Il
p'auknton wsFv defeated IN tho lower Court,
aud ttiereapon They Arpested 80 the Oaa'usiA-
sloa of Appeals. ae Juagnasnt Of tie loser
by Dwight, conmiaf'qupr. Aud Gray, Comnis-
h!oper. Lat aud Rainolda concuriu4 lu the
dec1sson EAU. Gonlp,ss.oucs, diasentsI.
Yhe opinlon Of D@ight IL exhaustive on tho
subject. lie rsview4 ~ lopgtb a uu.nbor OF All
tl.ot.ties. aud reaches tie c"nciua ou shat tho
rafau. scope Of l4s atthnrisy. aud could tiud AIs
principal n agaiIsI th!rd la1tiss xLo adsxucea
the monay tn good latth. tio evidently believes
TINT tllo authorities which relieve tho ca.porA-
ton tom tho scsa of tho agent within tho sR-
Pa1et,t aeQpo Of hla authority, arc pok aopud
PonoF 70 issue bills direes 70 oou-
ro4sses,on Of tho datendan., and Tho preseps
bllIa being ID to way dst,i,X u!YI,sbls III fnl m
from sGoso 4hiGli Nere uausIlJ eupfoSed. ~
muAl lc coHftdsreI as hautBg ne nefessary GU
Aovi'y AZ " aie plaintiffs acting Il. good fatN.
Ao A.su asserts tLss the fAss,ihAE dootsins of
esGyppei shouid apply. Tho agent Vt tho OaIDpa-
ny sas informed By u. that th9 bills o. !Ra'us
voc to DO used A. bang. ''They neto Issued
with the expectation snAt they hoIaa Do scssG
uton by Laukora OF other GAp1tktsts: II tlho
CnupAny) c4hnot coMplath le the p!l aocotn-
p!ishsa The purpose Tor sh1oh they Ne4e de-