Sec. 384. Where Agent Gives Receipt In Name Of Principal, Purchaser Must Look To Latter
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Sec. 384. Where Agent Gives Receipt In Name Of Principal, Purchaser Must Look To Latter
Where an agent receipts for money in the name of his principal, the purchaser must look to the latter to account for it, and can not recover from the agent, whether the latter has delivered it to his principal or not. McCubbin v. Graham, 4 Kan. 340; Bamford v. Shuttleworth, 11 Ad. & El. (Eng.), 926; Hancock v. Gomery, 58 Barb. (N. Y.), 490; Colvin v. Holbrook, 2 N. Y. 126; Gostigan v. Newland, 12 Barb. (N. Y.), 1456. See Secs. 385, 642b.
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