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21 N.Y. Sup. Ct. 106

Wallace & Sons v. Castle

New York Supreme Court

Decided April 15, 1878

New York Supreme Court · decided 1878-04-15

This action was brought to recover certain moneys collected by the defendants on the sale of articles, sent by plaintiffs to them for sale on commission. The defendants claimed that an agreement had been made by which they were not to account for articles sold by them during each month until the twentieth of the succeeding month.

Decided 1878-04-15

Brady, J.:

¶1The opinion of Justice Barrett satisfactorily disposes of this appeal on the facts and the law. The defendant ivas a factor and although entitled to del credere commission his character ivas not changed. His responsibility and his compensation were enlarged but that was in fact and in law the only change accomplished by the agreement del credere. He guaranteed the payment of the sum for which the goods were sold, but his liability did not accrue until the purchaser failed to pay. In this case the payment ivas made and the contract of liability therefore, occurring through the del credere commission ivas not called into existence.

¶2The relation of factor continued Avith all its obligations and burdens. The money received Avas the plaintiff’s money and not the defendant’s. It came from the plaintiff’s debtor and should have been paid to the plaintiff as his fund, whatever its amount, less the commissions earned. The identical money received was-therefore the property of the plaintiffs. (See Duquid v. Edwards, 50 Barb. Rep., 297, cited by Judge Barrett.)

¶3Order affirmed Avith ten dollars costs and disbursements of this appeal.

Davis P. J,, and Ingalls. J., concurred.

¶4Order affirmed Avith ten dollars costs and disbursements.

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