Merchants & Mechanics Bank v. Cottrell & Sons

Simmons, Chief Justice.

1. The first question to be determined in this case is, whether Hanson, as agent of the Enquirer-Sun Publishing Company, had authority to enter into the contract of conditional sale. It appears that the Enquirer-Sun Publishing Company was a corporation formed for the purpose of publishing a newspaper, that Hanson was its general manager, and that the directors of the corporation, at a meeting held November 23d, 1887, adopted a resolution that he “be authorized to make the best arrangements possible for the purchase of a new press.” Hnder this resolution, we think he had…