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In case an agent should refuse the commission intrusted to him, he shall be obliged to communicate his decision to the principal by the quickest means possible being required in any case to confirm it by the first mail after receiving the commission.\nHe shall also be obliged to exercise due care in the custody and preservation of the merchandise which the principal may have forwarded to him until the latter appoints a new agent, in view of his refusal, or until, without awaiting a new designation, the judge or court has taken possession of the goods at the request of the agent.\nNoncompliance with any of the obligations established in the two foregoing paragraphs shall render the agent liable for indemnity to the principal for the loss and damages which may arise.\nHistory —Commerce Code, 1932, § 166.