CASES ARGUED AND DETERMINED IN THE CIRCUIT COURTS OF THE UNITED STATES WITHIN THE SECOND CIRCUIT. THE NEW ENGLAND CAR-SPRING COMPANY AND OTHERS vs. THE UNION INDIA RUBBER COMPANY AND OTHERS. IN EQUITY. The treasurer of a corporation, who is held out to the world as the proper agent to whom a payment to the corporation is to be made, is the proper agent to whom notice is to be given as to the purpose for which the payment is made. Circumstances stated, under which a corporation is not permitted to set up a neglect of duty by its agent, to show its want of knowledge of facts the knowledge of which was communicated to its agent. Where a notice is required to be given to a corporation, it is sufficient to give such notice to its treasurer and managing agent, at its office; and it is not necessary to give it to the directors of the corporation, when assembled for the transaction of business. A corporation can waive a right, and can be estopped from saying that it has not waived it. The doctrine of estoppel considered, in reference to a corporation which receives, through its agent, a portion of the consideration money for the sale of property in which it is interested, and afterwards endeavors to prevent the full operation of such sale. (Before INGERSOLL, J., Southern District of New York, March 30th, 1857.) VOL. IV.-1 |