8 Cow. 60 | Court for the Trial of Impeachments and Correction of Errors | 1827
I am inclined to think Cooke was an incompetent witness. He had no authority, as agent of the company, to draw a bill of exchange upon them. Ho express authority is pretended. He was rather the sub-agent of Fulton, than the agent of the company ; and it affirmatively appears that this was the only bill ever drawn by him on- the company. They, therefore, have never ratified or sanctioned this assumed authority. The bill was moreover drawn in the individual name of Cooke, not as agent; and there is nothing *appearing on the face,
Upon the testimony of Cooke, I think the plaintiff was entitled to recover. He proves an acknowledgment of this debt as a debt of the company, and a promise to pay it by Morris and Lynch acting as a committee of the company.
But on the first ground a new trial must be granted.
Hew trial granted.
Ratification relates back to the time of the original transaction. Lawrence v. Taylor, 5 Hill, 101. A subsequent ratification is equivalent to an original authority. Moss v. The Rossie Lead Mining Co., 5 Hill, 131. A ratification of a part of the transaction is an affirmance of the whole. Ib. The ratification must precede the commencement of the suit against the principal. Gorham v. Gale, 7 Cowen, 739.