Kentucky-Pennsylvania Oil & Gas Corp. v. Clark

Opinion of the Couet by

Stanley, Oommissionee

Reversing.

The question on this appeal is whether the appellant, a corporation, is bound by an act of a purported agent in accepting a proposition to buy and exchange certain interests in oil leases. The relief sought and granted was specific performance by the appellant of that contract, which had been repudiated by the company. There is no claim of express authority. The ease is rested upon an agency arising or implied from the conduct and attitude of the company in relation to previous activities of the person assuming to represent it.

The…