Knox v. First Security Bank of Utah, N.A.

MURRAH, Circuit Judge.

When this case was here in 196 F.2d 112, Knox v. First Security Bank, we held the complaint with the attached 1909 contract and 1924 letter legally sufficient to show that by the 1924 letter A. C. Milner accepted and adopted the 1909 contract as president and on behalf of the Milner Corporation; and that his actual authority to do so was an issue for determination on the merits. As against the contention that the original contract was ultra vires for lack of consideration to the corporation, we thought the allegations to the effect that Knox suffered a detriment and the…