Supreme Court of Colorado September 15, 1908, No. 5798 (Rizzuto v. R. W. English Lumber Co.)

Mr. Justice Campbell

delivered the opinion of the court:

The questions for decision are:

1. Has a general manager of a corporation engaged M selling lumber at retail, by virtue of his employment merely, power to borrow money for his company and issue its promissory note therefor?

2. If not, was the exercise of that power by the manager in this case ratified by his principal?