Farmers' Elevator Co. v. New Amsterdam Casualty Co.

I believe the judgment should be affirmed. The record is sufficient, in my opinion, to. sustain ■the finding by the trial court that the-trading conducted by Van Kirk for different individuals -was not known or authorized by the corporation. Three of the directors knew nothing about Van Kirk making these trades for individuals, and each of the other directors knew of no other trade being made except his own. The director making the trade for himself, as an individual through Van Kirk, and knowing this was done in the name of the company, was acting adversely to the corporation, and the…