A bailee who, under a mandate, receives money or chattels on account of his principal is bound to account for them1. If the mandatary without the bailor's authority deposits them in his own name, with other chattels of his own of the same kind, in the hands of a third party, he is liable to his principal for any loss or damage to them during the existence of the deposit; and this is so even if his principal was aware of his course of procedure, if he did not assent to it
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