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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 414   View pdf image (33K)
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414 ARTICLE 14A.

An. Code, sec. 12. 1910, ch. 406, sec. 12 (p. 49).

12. Except as provided in section 36, where a warehouseman delivers
part of the goods for which he had issued a negotiable receipt and fails
either to take up and cancel such receipt, or to place plainly upon it a state-
ment of what goods or packages have been delivered, he shall be liable to
any one who purchases for value in good faith such receipt, for failure to
deliver all the goods specified in the receipt, whether such purchaser ac-
quired title to the receipt before or after the delivery of any portion of the
goods by the warehouseman.

An. Code, sec. 13. 1910, ch. 406, sec. 13 (p. 49).

13. The alteration of a receipt shall not excuse the warehouseman who
issued it from any liability if such alteration was

(a) Immaterial,

(b) Authorized, or

(c) Made without fraudulent intent.

If the alteration was authorized, the warehouseman shall be liable ac-
cording to the terms of the receipt as altered. If the alteration was unau-
thorized, but made without fraudulent intent, the warehouseman shall be
liable according to the terms of the receipt, as they were before alteration.

Material and fraudulent alteration of a receipt shall not excuse the
warehouseman who issued it from liability to deliver, according to the
terms of the receipt as originally issued, the goods for which it was issued,
but shall excuse him from any other liability to the person who made the
alteration, and to any person who took with notice of the alteration. Any
purchaser of the receipt for value without notice of the alteration shall
acquire the same rights against the warehouseman which such purchaser
would have acquired if the receipt had not been altered at the time of the
purchase.

An. Code, sec. 14. 1910, ch. 406, sec. 14 (p. 49).

14. Where a negotiable receipt has been lost or destroyed, a court of
competent jurisdiction may order the delivery of the goods upon satisfac-
tory proof of such loss or destruction, and upon the giving of a bond with
sufficient sureties, to be approved by the court, to protect the warehouseman
from any liability or expense which he or any person injured by such de-
livery may incur by reason of the original receipt remaining outstanding.
The court may also, in its discretion, order the payment of the warehouse-
man's reasonable costs and counsel fees.

The delivery of the goods under an order of the court, as provided in this
section, shall not relieve the warehouseman from liability to a person to
whom the negotiable receipt has been or shall be negotiated for value with-
out notice of the proceedings or of the delivery of the goods.
See art. 13, sec. 11.

An. Code, sec. 15. 1910, ch. 406, sec. 15 (p. 50).

15. A receipt upon the face of which the word " duplicate " is plainly
placed is a representation and warranty by the warehouseman that such

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 414   View pdf image (33K)
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