First Natl. Bank of Lake City v. Landress

150 So. 589, 112 Fla. 348, 1933 Fla. LEXIS 2233
CourtSupreme Court of Florida
DecidedOctober 17, 1933
StatusPublished
Cited by2 cases

This text of 150 So. 589 (First Natl. Bank of Lake City v. Landress) is published on Counsel Stack Legal Research, covering Supreme Court of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First Natl. Bank of Lake City v. Landress, 150 So. 589, 112 Fla. 348, 1933 Fla. LEXIS 2233 (Fla. 1933).

Opinion

Davis, C. J.

This was a replevin case in which the issue submitted to the jury was; whether or not certain payments shown to have been made on the automobile replevined by the buyer to the original seller, after assignment of the original seller’s retain title contract on the car to the plaintiff bank, were binding on the bank, on the theory that they had been made to an agent of the conditional sales contract holder who had expressed or implied authority to collect the balance of the purchase price of the car as represented by the retain title notes in the bank’s hands' as assignee for value before maturity.

The verdict and judgment below were in favor of the defendant. Plaintiff bank contends on writ of error that the verdict and judgment for defendant was unauthorized by the evidence, citing as authority for its position the holding of the Court in Lakeside Press & Photo Engraving Co. v. Campbell, 39 Fla. 523, 22 Sou. Rep. 878.

In the case relied on, this Court held that payment to an agent, to be binding on the principal, must be made to an agent having expressed or implied authority to collect, and that payment to any other agent, even under the bona, fide belief that such other agent has authority to collect, will not bind the principal in the absence of a ratification by the principal-of such payment. '

We approve the rule stated and find that the trial court followed it in his instructions to the jury. There was evidence from which the jury could have.found either way on the issue. It found against the bank. We are unable to perceive wherein we would be warranted in reversing the *350 judgment in this' case which is the result of a jury trial and decision on the facts approved by the trial court.

Affirmed.

Whitfield, Ellis, Terrell, Brown and Buford, J. J., concur.

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Bluebook (online)
150 So. 589, 112 Fla. 348, 1933 Fla. LEXIS 2233, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-natl-bank-of-lake-city-v-landress-fla-1933.