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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 1913   View pdf image (33K)
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ART. 83] SALES IN BULK.—— UNIFORM SALES ACT. 1913

demanded and received from his vendor the statement under oath as
provided in section 19, and without having notified or caused to be
notified all of the creditors of the vendor named in such statement as in
section 19 provided, such purchase, sale or transfer shall to any and
to all subsisting creditors of the vendor be presumed fraudulent and
void.

A sale contrary to section 18 of the code of 1904 was held not conclusive
evidence of fraud, but that it only threw the burden on the purchaser to prove
the transaction bona fide. Purchase upheld. Hart v. Roney, 93 Md. 433.

1906, ch. 421, secs. 20, 21. 1908, ch. 704, secs. 20, 21.

21. Any sale or transfer of a stock of goods, wares or merchandise
out of the usual or ordinary course of the business or trade of the
vendor, or whenever thereby substantially the entire business or trade
heretofore conducted by the vendor shall be sold or conveyed or
attempted to be sold or conveyed, to one or more persons, shall be
deemed a sale in bulk, in contemplation of this law. Nothing con-
tained in this or the two aforegoing sections shall apply to sales made
by executors, administrators, receivers or any public officer conducting
a sale in his official capacity, nor to any deed of trust executed for the
benefit of creditors.

Uniform Sales Act.
Chapter I.

1910, ch. 346, sec. 19 (p. 272).

22. (1) A contract to sell goods is a contract whereby the seller
agrees to transfer the property in goods to the buyer for a considera-
tion called the price.

(2) A sale of goods is an agreement whereby the seller transfers the
property in goods to the buyer for a consideration called the price.

(3) A contract to sell or a sale may be absolute or conditional.

(4) There may be a contract to sell or a sale between one part owner
and another.

See sec. 97.

1910, ch. 346, sec. 20 (p. 272).

23. Capacity to buy and sell is regulated by the general law con-
cerning capacity to contract, and to transfer and acquire property.

Where necessaries are sold and delivered to an infant, or to a per-
son who by reason of mental incapacity or drunkenness is incompetent
to contract, he must pay a reasonable price therefor.

Necessaries in this section mean goods suitable to the condition in
life of such infant or other person, and to his actual requirements at
the time of delivery.

1910, ch. 346. sec. 21 (p. 273).

24. Subject to the provisions of this sub-title and of any statute
in that behalf, a contract to sell or a sale may be made in writing

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 1913   View pdf image (33K)
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