Bond v. Stephens

Taft & Company, non-residents, holders of a security deed executed by James A. Stephens, which contained a power of sale, undertook, in exercise of that power, to sell the equity of redemption in the land described in the deed. For this purpose Taft & Company executed a power of attorney to McLean, authorizing him to conduct the sale. McLean undertook to make a sale, cried the property off to S. P. Holland, and delivered to him a deed that had previously been signed in blank by Taft & Company as attorneys in fact for James A. Stephens. The deed contained the recital that the money had been…