 | Joseph Kinnicut Angell - Fire insurance - 1855 - 692 pages
...is an agent to whom goods are consigned or delivered for sale, by or for a merchant, or other person residing abroad, or at a distance from the place of sale, and who, in return for his trouble, receives a compensation, commonly called factorage or commission.1... | |
 | District courts - 1859 - 256 pages
...distinguished from an agent. A factor is generally the correspondent of a foreign house, or of a merchant at a distance from the place of sale, and he usually...own name, without disclosing that of his principal, and has an implied authority to do so. Justice Story, in his excellent Commentaries on Agency (sect.... | |
 | William Selwyn - Nisi prius - 1861 - 874 pages
...is still liable to the vendor (6). There is, however, a distinction between a factor and a broker. A factor is a person to whom goods are consigned for...own name, without disclosing that of his principal (c); the merchant, therefore, with full knowledge of these circumstances, trusts him with the actual... | |
 | Great Britain. Courts - Law reports, digests, etc - 1865 - 664 pages
...for they differ in many important particulars. A factor is a person to whom goods are consigned-for sale by a merchant, residing abroad, or at a distance...principal ; the latter, therefore, with full knowledge of these circumstances, trusts him with the actual possession of the goods, and gives him authority to... | |
 | John Scott, Great Britain. Court of Common Pleas - Law reports, digests, etc - 1866 - 584 pages
...between a broker and a factor is not merely nominal, for they differ in many important particulars. A factor is a person to whom goods are consigned for sale by a mercluct residing abroad, or at a distance from the place of sale, and he usually . sells in his own... | |
 | Anthony L. Robertson - Law reports, digests, etc - 1868 - 778 pages
...Slacum, 18 Pick. 36.) II. The defendant was not in his transactions with the plaintiff, his factor. 1. " A factor is a person to whom goods are consigned for...residing abroad or at a distance from the place of the sale." The parties, plaintiff and defendant, both resided and did business in the city of New York,... | |
 | Thomas Whitney Waterman - Set-off and counterclaim - 1869 - 800 pages
...creditor (Paley's Agency, 245). The character of a broker is essentially different from that of a factor. A factor is a person to whom goods are consigned for...abroad, or at a distance from the place of sale, and he usuallv sells in his own name without disclosing that of his principal. The latter, therefore, with... | |
 | Law - 1885 - 550 pages
...between a broker and E factor is not merely nominal, for they differ in mauj important particulars. A factor is a person to whom goods are consigned for sale, * * * and he usu ally sells in his own name, without disclosing thai of his principal. The latter therefore... | |
 | Calvin Townsend - Commercial law - 1871 - 620 pages
...be allowed to be both buyer and seller, where the interests of others are involved. 3. Factor. — A factor is a person to whom goods are consigned for...residing abroad or at a distance from the place of sale. He usually sells in his own name, without disclosing that of his principal. He has the actual possession... | |
 | Nathaniel Cleveland Moak - Law reports, digests, etc - 1874 - 922 pages
...distinction between a broker and factor is not merely nominal, for they differ in many important particulars. A factor is a person to whom goods are consigned for...principal: the latter, therefore, with full knowledge of these circumstances, trusts him with the actual possession of the goods, and gives him authority to... | |
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A factor is a person to whom goods are consigned for sale by a merchant residing abroad, or at a distance from the place of sale, and he usually sells in his own name, without disclosing that of his principal. The latter, therefore, with full knowledge... 
