Collier v. Wilson-Weesner-Wilkinson Co.

Where the owner of personal property orally authorizes his agent to lease it to another for a period of three months, and orally authorizes him to give to the sublessee an option to buy, where the option price of the property is more than $50, the option so given by the agent is not binding on the owner in the absence of facts sufficient to work an estoppel or show ratification of a completed sale. Code, § 20-401(7); Neely v. Sheppard, 185 Ga. 771 (196 S. E. 452); Code, § 4-105; Kennington v. Small, 36 Ga. App. 176 (136 S. E. 326); Robinson v. Odom, 35 Ga. App. 262 (133 S. E. 53); City Drug…