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Ing" the principal's business, and the like.

See Coquillard v. French, 19 Ind. 274; Billings v. Morrow, 7 Cal.

171, 68 Am. Dec. 235; Ashley V. Bird, 1 Mo. 640, 14 Am. Dec. 313;

Hotchkiss v. Middlekauf, 96 Va. 649, 32 S. E. Rep. 36, 43 L. R. A. 806.

Merely placing the property in the hands of a broker

for sale, or listing it with a real estate agent, in the

ordinary way, does not amount to an authority to sell

or even to make a binding contract to sell. The only

authority ordinarily deduced in such cases is simply

to find a purchaser to whom the principal may sell.

See Duffy v. Hobson, 40 Cal. 240, 6 Am. Rep. 617; Armstrong v.

Lowe, 76 Cal. 616; Stewart v. Pickering, 73 Iowa, 652, 35 N. W. Rep.

690; Stillman V. Fitzgerald, 37 Minn. 186, 33 n. W. Rep. 564; Delano

V. Jacoby, 96 Cal. 275, 31 Am. St. Rep. 201.

§ 151. What included. — Authority to actually

sell the principal's land carries with it, unless the con-

§§ 151-152.] CONSTRUCTION OF THE AUTHORITY. 81

trary is expressed, implied power to make the convex

ance; to insert the usual covenants of warranty; and to

receive so much of the purchase price as is to be paid

('own; but it does not authorize a sale upon credit, or

a mortgage, or an exchange, or a dedication to public

use, or a conveyance in payment of the agent's own

debt.

See Lyon v. Pollock, 99 U. S. 668, Cas. Ag. 378; Gilbert v. How,

45 Minn. 121, 22 Am. St. Rep. 724, Cas. Ag. 380; Leroy V. Beard, 8

How. (U. S.) 451, Cas. Ag. 382; Peters v. Farnsworth, 15 Vt. 155, 40

Am. Dec. 671, Cas. Ag. 387; Lumpkin v. Wilson, 5 Heisk. (Tenn.) 555,

Cas. Ag. 390; Campbell v. Foster Home Ass'n, 163 Pa. 609, 30 Atl.

Rep. 222, 43 Am. St. Rep. 818; Hawxhurst v. Rathgeb, 119 Cal. 531,

63 Am. St. Rep. 142; Frost V. Cattle Co., 81 Tex. 505, 17 s. W. Rep.

52, 26 Am. St. Rep. 831.

Whether it will apply to land not then owned by the

principal, but subsequently acquired by him, is in dis-

pute.

See Penfield v. Warner, 96 Mich. 179, 35 Am. St Rep. 591, and

note.

§ 152. Authority to sell personal property. — Un-

like the case of real estate, authority to sell personal

property is not ordinarily required to be conferred by

written instrument. It may be created by words or

conduct, and may be express or implied. It is the gen-

eral rule in regard to chattels, not including negotia-

ble paper, that no person can transfer a better title

than he himself has. Authority to sell is not to be

Inferred from the mere fact of possession; but where

the true owner has clothed another not only with pos-

session but with the ordinary evidence of ownership,

as where he delivers to him securities endorsed in blank

or permits the title to stand in his name, he will be

estopped from asserting his title as against a bona fide

purchaser from the person so in possession.

See Levi v. Booth, 58 Md. 305, 42 Am. Rep. 332, Cas. Af. Ill;

I

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