173. Agent becoming personally liable.

173.     Agent becoming personally liable.

Where, in pursuance of his authority, the agent has contracted a personal liability, the principal cannot revoke the authority so as to destroy the agent's right of indemnity in respect of such liability, nor can the trustee in bankruptcy of the principal do so1. Similarly, where the agent has incurred a contractual liability to pay money to a third party and the principal subsequently forbids the payment, the agent is entitled to be indemnified in respect of any payments he makes2.