153 Wis. 245 | Wis. | 1913
Eor the sake of brevity the two Trzebiatow-skis will be referred to by their Christian names. Charles was authorized to collect the interest on the note in suit, but not the principal. When Malloy learned what had been done
When an agent acts in excess of the authority conferred upon him, and the person for whom he has undertaken to act is fully notified of what has been done, it becomes the duty of the principal to either affirm or disaffirm the act of the supposed agent within a reasonable time after such notice or he is bound by such act. McWhinne v. Martin, 77 Wis. 182, 187, 46 N. W. 118; Saveland v. Green, 40 Wis. 431; Gold M. Co. v. National Bank, 96 U. S. 640. Numerous other cases to the same effect will be found cited in 31 Cyc. 1275, and 40 Cent. Dig. tit. Principal and Agent, § 641.
The receipt of interest payments from the administrator of Charles’s estate might well show ratification in itself. 31 Cyc. 1265; Very v. Levy, 13 How. 345. Reinforced as it is by the other significant facts referred to, the trial court’s decision is well supported by the evidence.
By the Court. — Judgment affirmed.