Wickstrand v. Nelson

The fact that Nelson was agent of Albert E. Pierce & Company did not prevent his being also agent of defendant Michigan Fuel & Light Company in selling the stock. The company was actively and energetically promoting’ sale of the stock to its customers and the public, not only to aid its parent in obtaining money but also to create a local good will interest in itself. Its advertisement urged purchase of “our stock” and referred the public to itself, Pierce & Company, or “our employees” for information. It received checks in payment of stock, in dorsed and cashed them, and remitted by its own…