Chap. 98.—An ACT to require the power appointing an agent to conduct a mer-
cantile business to be in writing and recorded, and to require a copy of the
same to be posted conspicuously in the place of business conducted by such
went.

Approved January 25, 1898,

1. Be it enacted by the general assembly of Virginia, That when any
person, partnership, or corporation shall appoint an agent to conduct a
mercantile business, such agent shall be conclusively presumed to have
the right to buy and sell upon a credit and to do any and all acts in the
conduct of such business that his principal could do, unless his appoint-
ment shall be in writing, duly acknowledged, setting forth fully the re-
strictions upon his powers, and recorded in the deed book in the clerk's
office or the county or corporation in whieh such business is condueted,
and unless a copy of such power be conspicuously posted in the place of
business conducted by such agent. After thirty davs from the passage
hereof the provisions of this act shall apply to all such agents heretofore
appointed.

This act shall be in force from its passage.