Rizzuto v. R. W. English Lumber Co.
Supreme Court of Colorado
Appeal from Otero District Court. Hon. John H. Voorhees, Judge.
1Opinion of the CourtJustice Campbell
The questions for decision are:
1. Has a general manager of a corporation engaged M selling lumber at retail, by virtue of his employment merely, power to borrow money for his company and issue its promissory note therefor?
2. If not, was the exercise of that power by the manager in this case ratified by his principal?
*414The defendant company owned lumber yards in different towns in this state, one of which was in La Junta, and the local manager was A. W. English. He had only the powers possessed by a general manager of a corporation engage'd in a retail business; he had no specific authority to…
2Cases cited2 opinions
- Breed v. First National BankSupreme Court of Colorado · 1878
- Breed v. First National BankSupreme Court of Colorado · 1882
3Cited by5 opinions
- Rock Wool Insulating Company v. HustonSupreme Court of Colorado · 1959
- Montrose Land & Investment Co. v. Greeley National BankSupreme Court of Colorado · 1925
- Ruedy v. Alamosa National BankSupreme Court of Colorado · 1925
- Western Investment & Land Co. v. First National BankColorado Court of Appeals · 1912
- Western Investment & Land Co. v. First National BankColorado Court of Appeals · 1912