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Joseph Seligman et al., Respondents, v. The South and North Alabama Railroad Company, Appellant, 1876 — 67 N.Y. 584 · caselaw · US
Contracts · MBE-tested
Joseph Seligman et al., Respondents, v. The South and North Alabama Railroad Company, Appellant
67 N.Y. 584·New York Court of Appeals·1876·NY
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Opinion
Joseph Seligman et al., Respondents, v. The South and North Alabama Railroad Company, Appellant.
(Argued September 19, 1876;
decided October 3, 1876.)
This was an action to recover commissions alleged to have been agreed to be paid by defendant to plaintiffs under a contract with the president of defendant, by which the plaintiffs took its bonds for sale and made advances thereon. The court directed a verdict for plaintiffs for the amount claimed. Held, that the testimony was sufficient to show that said president had authority to make all usual, reasonable and proper contracts necessary for a sale of the bonds; but that the testimony tending to show the contract in question to be usual, reasonable and proper was not so conclusive as to justify the taking of it from the jury.
Wheeler H. Peckham for the appellant.
James C. Gander for the respondents.
[MAJORITY — Per Cwriami]
Per Cwriami
opinion for reversal and new trial.
All concur.
Judgment reversed.