59-9-4Factor cannot relieve himself from liability without principal's consent.

A factor who receives property for sale under a general agreement or usage to guarantee sales or the remittance of the proceeds, cannot relieve himself from responsibility therefor without consent of his principal.

Source: CivC 1877, § 1172; CL 1887, § 3795; RCivC 1903, § 1491; RC 1919, § 1292; SDC 1939, § 3.0606.