New York Court of Appeals
Henry E. Hooker v. . Eagle Bank of Rochester.
January 5, 186430 N.Y. 83
Summary
The Court affirmed the judgment for the assignee, holding that a corporation can be bound by services performed by its officers or agents without a formal board resolution, that a parol assignment of a chose in action is valid, and that the plaintiff may recover the reasonable value of those services under an implied contract.