26 Iowa 77 | Iowa | 1868
¥e hold that this language gave the attorney in fact therein named, the authority' to transfer the title and possession of the note in controversy to the defendant claiming the same. We need not decide whether the indorsement thereof would subject the principal to all the ordinary liabilities of an indorser, as that question is not necessarily involved in this case. This holding is not in conflict with the doctrine stated in 1 Pars, on Notes and Bills, 106, recognized by this court in the case of Whitting v. The Western Stage Co. (20 Iowa, 554), that a general authority to transact business, even if it be expressed in words of very wide meaning, will not be held to include the power of making the principal a party to negotiable paper. Por, in this case, the attorney in fact was not only empowered to dispose of all personal property and to make bills of sale thereof, but also to do all other matters in relation to the debts of the principal which she could do if present. In other words we hold, that by a fair construction of the power of attorney offered in evidence, the agent was clothed with the power to make the transfer claimed. There was no error, therefore, in admitting the evidence as offered, and the judgment of the District Court is
Aiflrmed.