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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 319   View pdf image (33K)
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ART. 14A] DUPLICATES——NON-NEGOTIABLE EECEIPTS. 319

(a) Be contrary to the provisions of sections 1 to 60 of this article.

(b) In any wise impair his obligation to exercise that degree of
care in the safe-keeping of the goods entrusted to him which a reason-
ably careful man would exercise in regard to similar goods of his own.

1910, ch. 406, sec. 4 (p. 47).

4. A receipt in which it is stated that the goods received will be
delivered to the depositor, or to any other specified person, is a non-
negotiable receipt.

See sections 7 and 39.

1910, ch. 406, sec. 5 (p. 47).

5. A receipt in which it is stated that the goods received will be
delivered to the bearer, or to the order of any person named in such
receipt is a negotiable receipt.

No provision shall be inserted in a negotiable receipt that it is non-
negotiable. Such provision, if inserted, shall be void.

1910, ch. 406, sec. 6 (p. 47).

6. When more than one negotiable receipt is issued for the same
goods, the word "duplicate" shall be plainly placed upon the face of
every such receipt, except the one first issued. A warehouseman shall
be liable for all damage caused by his failure so to do to any one who
purchased the subsequent receipt for value, supposing it to be an origi-
nal, even though the purchase be after the delivery of the goods by the
warehouseman to the holder of the original receipt.

1910, ch. 406, sec. 7 (p. 47).

7. A non-negotiable receipt shall have plainly placed upon its face
by the warehouseman issuing it "non-negotiable," or "not negotiable."
In case of the warehouseman's failure so to do, a holder of the receipt
who purchased it for value, supposing it to be negotiable, may, at his
option, treat such receipt as imposing upon the warehouseman the same
liabilities he would have incurred had the receipt been negotiable.

This section shall not apply, however, to letters, memoranda or writ-
ten acknowledgments of an informal character.
See art. 83, sec. 51.

1910, ch. 406, sec. 8 (p. 47).

8. A warehouseman, in the absence of some lawful excuse provided
by sections 1 to 60, is bound to deliver the goods upon a demand made
either by the holder of a receipt for the goods or by the depositor, if
such demand is accompanied with:

(a) An offer to satisfy the warehouseman's lien.

(b) An offer to surrender the receipt, if negotiable, with such
endorsements as would be necessary for the negotiation of the receipt;
and

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 319   View pdf image (33K)
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