Taylor v. St. Louis National Life Insurance
Supreme Court of Missouri
Appeal from St. Louis City Circuit Court. — lion. Wilson A. Taylor, Judge. (1) Defendant’s demurrer to the evidence at the close of plaintiff’s ease should have been sustained, (a) There was no evidence of Starnes’s• authority to bind the defendant. A principal is responsible for the act of an agent acting with apparent authority, only where the principal has clothed the agent with the appearance of power. Taylor v. Sartorious, 130 Mo. App. 34; Duffy v. Mallinkrodt, 81 Mo.
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Appeal from St. Louis City Circuit Court. — lion. Wilson A. Taylor, Judge. (1) Defendant’s demurrer to the evidence at the close of plaintiff’s ease should have been sustained, (a) There was no evidence of Starnes’s• authority to bind the defendant. A principal is responsible for the act of an agent acting with apparent authority, only where the principal has clothed the agent with the appearance of power. Taylor v. Sartorious, 130 Mo. App. 34; Duffy v. Mallinkrodt, 81 Mo. App. 449. Starnes could not have bound the defendant by wrongfully assuming to act as its president. Art. 2, chap. 61, R.…
1Opinion of the CourtGraves, P. J.
This is an action to recover commission for the sale of stock of the Universal Insurance Company, later by authorized change of name the present defendant, St. Louis National Life Insurance Company. Plaintiff sues upon an express contract to sell such stock at $200 per share of $100 par value, and to receive for such service the' sum of ten per cent of the amount of stock so sold.' He then avers he was the procuring cause of the said defendant having sold $75,000, in par value, or 750 shares, at the price and sum of $200 per share, and asks judgment for $15,000 and interest, less a payment of…
2Cited by6 opinions
- Missouri Fidelity & Casualty Co. v. Scott & ScottSupreme Court of Oklahoma · 1918
- Reynolds v. Title Guaranty Trust Co.Missouri Court of Appeals · 1916
- Reynolds v. Union Station BankMissouri Court of Appeals · 1918
- Royal Casualty Co. v. PullerMissouri Court of Appeals · 1916
- Burns v. Western Protective InsuranceMissouri Court of Appeals · 1928
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