464. Effect of excess of authority by agent signing bill of lading.

A bill of lading which, as issued, falls outside the authority, express, implied or ostensible, of the agent who signed it cannot in general be enforced against the shipowner by the consignee or indorsee and recourse must be had to the agent1. If, however, the bill of lading is covered by the authority which it is usual for such an agent to have, his signature binds his principal on the basis of ostensible authority, and it is immaterial that he exceeded his actual authority in signing the bill of lading