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MARYLAND CASUALTY CO. v. CITIZENS' NAT. BANK

No. 4685.

8 F.2d 216 (1925)

MARYLAND CASUALTY CO. v. CITIZENS' NAT. BANK OF LOS ANGELES.

Circuit Court of Appeals, Ninth Circuit.

October 26, 1925.

Attorney(s) appearing for the Case

W. S. Bicksler, W. C. Smith, and Dale H. Parke, all of Los Angeles. Cal., for plaintiff in error.

Wm. J. Hunsaker, E. W. Britt, and T. B. Cosgrove, all of Los Angeles, Cal., for defendant in error.

Before GILBERT, RUDKIN, and McCAMANT, Circuit Judges.

RUDKIN, Circuit Judge.

In the latter part of 1919 the California Cotton & Factorage Company was organized as a corporation, and thereafter engaged in the business of buying, selling, handling, and dealing in cotton and cotton by-products. Under the by-laws of the company, the secretary was vested with absolute and unrestricted power and authority to enter into any and all contracts and agreements, and to perform any and all acts and things necessary in carrying...

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