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4. Wiere neither Principal nor Agent is hound.

В§ 200. (I; Revocation of authority by death.

Where the agent's authority, unknown to him, has been

revoked by the death of his principal, and subsequent to such

revocation he makes a contract in behalf of the former prin-

cipal, no one is bound by the contract : not the estate of the

principal, because the agency is revoked;^ not the agent,

because there is a presumption that those who deal with an

agent assume the risk that the authority may be terminated

by death. '^

1 A7i(e, p. 250, note 6.

2 Warlow V. Harrison, 1 El. & El. 309.

8 Woolfe V. Ilorne, 2 Q. B. D. 355.

4 Wood V. Baxter, 49 L. T. R. 45.

5 Ibkl.

6 Blades i'. Free, 9 B. & C. 167: Long v. Thayer, 150 U. S. 520 ; atite,

В§71.

7 Farmers', &c. Co. v. Wilson, 139 N. Y. 284; Smout v. Hbery, 10 M.

& W. 1; Carriger v. Whittiugton, 26 Mo. 311.

254 AGENT AND TIIIRU PARTY-

В§ 201. (II) Disclosure of facts affecting authority.

Where an aireiit discloses to a third party all the material

facts alTecting the scojje of his authority, and with full knowl-

edge of such facts the third party enters into a contract with

the principal through the agent, which contract is in excess

of tlie agent's anthority, no one is bonnd : neither the princi-

pal, for he never authorized the contract ; nor the agent, for he

never warranted his authority.^ An agent's liability on a

contract executed in tlie name of his principal rests on the

Implied warranties as to the existence and competence of his

principal, and the sniticiency of the authority .^ 15ut clearly

no such warranty can be implied when the third party is as

fully informed of all the facts as is the agent himself.

В§ 202. (Ill) Insufficiency of form.

Where the agent contracts in the name of his principal

and within the scope of his authority, but employs an insuffi-

cient form of contract, no one is bound : not the principal, for

the contract cannot be enforced, and not the agent, for he

cannot be said to warrant the sufficiency of the form of the

contract.''^

If the defect be that an agent of a corporation has attached

his own seal instead of the corporate seal, it seems that while

the agent is not liable, the corporation may be held account-

able in an action of assumpsit for benefits conferred.^

5. Special Case of Public Agents.

В§ 203. Public agents.

The rules governing the liabilities of a private agent are

not generally applicable to j)ublic agents. There is a strong

1 Lilly V. Smales, 1892, 1 Q. B. 450; INIichael v. Jones, 84 Mo. 578;

Ware v. Morgan, G7 Ala. 4G1 ; Newman v. Sylvester, 42 Ind. lOG ; Hall

r. Lauderdale, 4G N. Y. 70 ; Snow v. llix, 54 Vt. 478.

" See anle^ В§ 18:5.

8 Abbey v. Chase, G Cash. (Mass.) 54; Hopkins v. Mohaffy, 11 S. &

R. (Pa.) 126; Neufeld v. Beidler, 37 111. App. M. See Beattie v. Lord

Ebury, L. R. 7 Ch. App. 777.

* Whitford v. Laidler, 94 N. Y. 145; McCauUey v. Jenney, 5 Houst.

(Del.) 32.

LIABILITY IN CONTRACT. 255

presumption that a public agent docs not intend to bind liim-

self personally, or to become a party to the contract. Even

a contract under seal, made in the name of a public agent,

will be construed to be the contract of the government and

not of the agent, where, in case of a private agency, such a

result would be impossible;^ a fortiori \l the contract be not

under seal.^ But the presumption in the agent's favor may

be overcome by clear proof of an intent to render himself

personally liable."^

There seems to be no good reason why the same indulgence

should not be granted to public officers who sign negotiable

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