424 ARTICLE 14A.

to the law of principal and agent, and to the effect of fraud, misrepresen-
tation, duress or coercion, mistake, bankruptcy or other invalidating cause,
shall govern.

An. Code, sec. 57. 1910, ch. 406, sec. 57 (p. 58).

57. Sections 1 to 60 shall be so interpreted and construed as to effectu-
ate its general purpose to make uniform the law of those States which
enact it.

This section applied in construing art. 14A, sec. 52, and art. 27, sec. 194, of the
Code of 1904—see footnote to art. 27, sec. 235, of the An. Code. State v. Gam-
brill, 115 Md. 510.

An. Code, sec. 58. 1910, ch. 406, sec. 58 (p. 58).

58. In sections 1 to 60, unless the context or subject matter otherwise
requires:

" Action " includes counter claim, set-off, and suit in equity.

" Delivery " means voluntary transfer of possession from one person to
another.

" Fungible goods " means goods of which any unit is, from its nature
or by mercantile custom, treated as the equivalent of any other unit.

" Goods " means chattels or merchandise in storage, or which has been
or is about to be stored.

" Holder " of a receipt means a person who has both actual possession of
such receipt and a right of property therein.

" Order " means an order by indorsement on the receipt.

" Owner " does not include mortgagee or pledgee.

" Person " includes a corporation or partnership of two or more persons
having a joint or common interest.

To " purchase " includes to take as mortgagee or as a pledgee.

" Purchaser " includes mortgagee and pledgee.

" Receipt " means a warehouse receipt.

" Value " is any consideration sufficient to support a simple contract.
An antecedent or pre-existing obligation, whether for money or not, con-
stitutes value where a receipt is taken either in satisfaction thereof or as
security therefor.

" Warehouseman " means a person lawfully engaged in the business
of storing goods for profit.

(2) A thing is done " in good faith " within the meaning of sections 1
to 60 when it is in fact done honestly, whether it be done negligently or not.

An. Code, sec. 59. 1910, ch. 406, sec. 59 (p. 59).

59. The provisions of sections 1 to 60 do not apply to receipts made
and delivered prior to June 1, 1910.

An. Code, sec. 60. 1910, ch. 406, sec. 61 (p. 59).

60. Sections 1 to 60 may be cited as the Uniform Warehouse Receipts

Act.