Hodgson v. Raphael
Opinion
1. An agent to sell or trade personalty can not, directly or indirectly, sell or trade the same to himself; nor can he acquire title thereto by raffling the property and becoming the winner at the raffle.
2. A sale by an agent who receives a part of the price of the thing sold in cash, and accepts as a satisfaction of the balance the cancelation of a debt due by himself to the vendee, is not binding'upon the principal unless ratified by him.
.3. Irrespective of other questions presented, this case,, upon its undisputed facts, is controlled by the propositions above announced, and. it was error to sustain the certiorari.
Judgment reversed,.
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30 S.E. 416 (Hodgson v. Raphael) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.