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68 The law of agency.

In the ordinary course of his business from the step which

he had taken."

(c) It does prevent a principal from recovering from

his agent any money or vakiable thing which the latter

has received for his principal, on account of a wagering

transaction — vide Bridger v. Savage, uhi supra.

{d) It does prevent a principal from maintaining an

action against his agent to recover any money or valuable

thing which the principal would have won if the agent

had made such a wagering contract on the principal's

behalf as he had agreed to do.

Cohen v. Kittel (1889), 22 Q. B. D. 680 ; here the plain-

tiff sued the defendant for money which he would have

won if defendant had made certain bets on horse-races

which he was employed to make. The Court held that

the plaintiff could not recover, as the bets, even if made,

would not have created any legal rights between the

|)rincipal and a third party.

(e) It does not prevent a person from recovering any

money, or valuable thing, which he has deposited to abide

the event of a wager, at any time before it has been

appropriated to that wager.

Hampden v. Walsh (1876), 1 Q. B. D. 189 ; in this

case the plaintiff deposited the sum of ВЈ500 with the

defendant to abide the event of a bet which he had made

with a third party to the effect that the earth was flat :

the plaintiff having lost the bet, before the money was

paid over to the winner, reclaimed it from the defendant,

who, however, paid it over to the winner. The Court held

that, notwithstanding the provision of 8 tSc 9 Vict. c. 109,

s. 18, as the plaintiff had demanded his deposit back from

the defendant before he had paid it over to the winner

the plaintiff was entitled to recover the amount of the

deposit from the defendant.

RIGHTS OF AN AGENT AGAINST HIS PRINCIPAL. G9

Beggio v. Steven & Company {lSd>^) , 4 T. L. R. 326 ; here

It was decided that, though the customer of an outside

broker cannot, by reason of the provisions of 8 & 9 Vict.

c. 109, s. 18, recover his winnings when he wins his wager,

he can, when he wins, recover the money which he has

deposited as " cover."

Strachan v. Universal Stock Exchange (1895), 2 Q. B.

329. C. A. (affirmed in the House of Lords (1896), App. Cas.

166) ; Here the plaintiff had deposited with the defendants,

who were outside brokers with whom he was engaged in

gaming transactions in stocks and shares, a sum of money

and certain securities. The plaintiff having lost the wager

sought to recover the money and securities. The Court

held that, in the case of a contract for the sale and pur-

chase of stocks made between an outside broker and his

customer, if both parties to the contract really intend that

no stocks shall be delivered and that " differences " only

shall be accounted for, the mere fact that the contract

provides that either party may require completion of the

purchase, and delivery or receipt (as the case may be) of

the stocks, does not prevent it from being a contract

by way of gaming and wagering within 8 & 9 Vict. c.

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