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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 464   View tiff image (55K)
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464

LAWS OF MARYLAND.
 

2. Every instrument of those mentioned and de-

 

scribed in section one, which shall be issued by any

Conclusive

person or corporation, or by any agent or officer of

evidence.

any person or corporation authorized to issue the

 

same on his or its behalf, or authorized or permitted

 

by such person or corporation to issue like instru-

 

ments on his or its behalf for goods, chattels or

 

commodities, actually received for transportation or

 

held on storage, as the case may be, shall be con-

 

clusive evidence in the hands of any bona fide holder

 

for value of such instrument, who shall have become

 

such without actual notice to the contrary, that all

 

of the goods, chattels and commodities in said in-

 

strument mentioned or described, had been actually

 

received by and were actually in the possession and

 

custody of such person or corporation at the time of

 

issuing the said instrument according to the tenor

 

thereof, and for the purposes and to the effects

 

therein stipulated or provided, notwithstanding that

 

the fact may be otherwise, and that such agent or

 

officer may have had no authority to issue any such

 

instrument on behalf of his said principal, except for

Except for.

goods, chattels or commodities actually received and

 

in possession at the time of such issue.

 

3. Every acceptance of an order and every other

 

voucher whatsoever, for any goods, chattels or com-

Negotiable re-

modities as on storage or deposit, whereby the

ceipt.

custody or possession of such goods, chattels or

 

commodities shall be acknowledged or certified by

 

any warehouseman, wharfinger or other person or

 

corporation within this State, and which acceptance

 

or voucher shall not on its face provide or stipulate

 

in terms that it shall not be negotiable, shall be held

 

and taken when issued to be a negotiable receipt

 

and instrument to all intents and effects within the

 

meaning and operation of this article.

 

4. Any instrument declared negotiable by this

Held & taken.

article shall be held and taken to have been issued

 

within the meaning of this article when it shall have

 

been signed and shall have been delivered out of the

 

custody of the person or corporation to be charged

 

or bound by the same, or of his or its agent or

 

officer aforesaid.



 

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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 464   View tiff image (55K)
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