Wright, Graham & Co. v. Hammond

1. “As a general rule, the action on a contract, whether express or implied, or whether by parol or under seal, or of record, must be brought in the name of the party in whom the legal interest in such contract is vested, and against the party who made it in person or by agent.” Civil Code (1910), § 5516.

2. Where a difference between' a seller and purchaser of goods was submitted to arbitration, and resulted in an award in favor of the purchaser, which award was paid by agents who represented the seller in making the sale but who had no other authority from him, and there was no assignment or…