Factors and Agents purchasing Debts of their Constituents.
Corsan v. M'Gowan
Date: 15 January 1736 Case No. No 51.
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It is contra bonos mores, and would be of dangerous consequence to allow agents to purchase in debts against their constituents, upon which footing an agent was found obliged to account for cases to his constituent's heirs and creditors.—See Appendix.
Fol. Dic. v. 2. p. 24.
*** It was found, in the case of the York Buildings Company against Mackenzie, that the common agent for the sale of a bankrupt estate cannot himself purchase it, voce Ranking and Sale.
