Woodhouse v. Crescent Mutual Insurance
Supreme Court of Louisiana
APPEAL from the Fifth District Court for the Parish of Orleans; Moyers, J. 1. The power to sell must be express and special.
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APPEAL from the Fifth District Court for the Parish of Orleans; Moyers, J. 1. The power to sell must be express and special. C. C. 2*297. 2. There was no negligence on the part Of plaintiff in leaving the certificate of stock with Allen, ‘ Bank of Ireland vs. Evans, 32 English Law- and Equity Report,-28; Loring vs. . Salsbury Mills, 125 Mass. 138. 3. There is no circumstance in the record that amounts to an, implied authority to sell, even if Such authority were valid. 4. To protect a person dealing with one who claims to act as agent of another, it must be shown that the alleged principal…
1Opinion of the Court
■ Tlie opinion of -tlie Court was delivered by
Manning, J.
Tbe plaintiff alleges tbat sbe is tbe owner of thirty shares of stock of'the defendant Company of one hundred dollars each, and tbat it has' transferred them to one Mrs. Coleman without the plaintiff’s consent or authority, and refuses to longer recognise her as tbe owner of the shares and to pay her the dividends thereon. The suit is for the recovery of the value of the stock, three, thousand dollars, and a solidary judgment is prayed against the Company and Mrs. Coleman.
The Insurance Company pleads the- general issue, and specially…
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