Where an act is required to be by deed1 in order to be effective, the requirement applies to corporations and other persons equally, and so an authority to an agent in such a case must be conferred by deed2. By statute, a corporation may, however, also contract through its officers either in writing or orally, and the authority to an agent to enter into such contracts may be conferred informally3. This power is in addition to and largely replaces the earlier general statutory power of the governing body of
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