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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 412   View pdf image (33K)
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412 ARTICLE 14A.

An. Code, sec. 3. 1910, ch. 406, sec. 3 (p. 47).

3. A warehouseman may insert in a receipt, issued by him, any other
terms and conditions, provided that such terms and conditions shall not:

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

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

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

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

See secs. 7 and 39.

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

5. A receipt in which it is stated that the goods received will be de-
livered 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.

An. Code, sec. 6. 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 sub-
sequent receipt for value, supposing it to be an original, even though the
purchase be after the delivery of the goods by the warehouseman to the
holder of the original receipt.

An. Code, sec. 7. 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 written
acknowledgments of an informal character.
See art. 83, sec. 51.

An. Code, sec. 8. 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.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 412   View pdf image (33K)
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