Merchants may [entrust] to other persons besides factors the constant management, in their name and for their account, of one or more of the branches of the business in which they are engaged by virtue of a written or verbal agreement, associations including such agreements in their bylaws, and private parties making them known by public notices or by means of circulars to their correspondents.
The acts of these special employees or agents shall only bind the principal with regard to transactions which are usual to the branch of business which has been intrusted to them.
History —Commerce Code, 1932, § 210.