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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 191   View pdf image (33K)
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AGENTS AND FACTORS 191

provided in cases where such agent or factor shall have become insolvent,
and may demand and recover from such person or body corporate such
goods, wares or merchandise so deposited or pledged, on re-payment of the
money or restoration of the negotiable instrument so advanced, and on pay-
ment of such further sum of money, or restoration of such other negotiable
instrument (if any), as may have been advanced or given by such agent or
factor to such owner or on payment of a sum of money equal to the amount
of the same, or may recover from such person or body corporate any balance
or sum of money remaining in his or its hands as the produce of the sale of
such goods, wares or merchandise, after deducting thereout the amount
of the money or negotiable instrument so advanced

An Code, 1924, sec 11 1912, sec 11 1904, sec 11 1888, sec 11 1825, ch 182, sec 6

11 In case of the insolvency of any agent or factor, the owner of the
goods, wares or merchandise so pledged and redeemed as provided in the
preceding section shall be held to have discharged pro tanto the debt due
by him to the estate of such insolvent

An Code, 1924, sec 12 1912 sec 12 1904, sec 12 1888, sec 12 1849, ch 293, sec 1

12 No consignment of agricultural productions whatever by the grower
or producer or other owner to any commission merchant, factor, agent
or other bailee or consignee, for the purpose of sale for the use and
benefit of such grower, producer or other owner, shall be deemed or taken
to vest in such commission merchant, agent, factor or other bailee or con-
signee, any other title or right to such articles consigned, than the special
right or title to sell and deliver the same to a fair and bona fide purchaser
for a valuable consideration

An Code, 1924, sec 13 1912 sec 13 1904, sec 13 1888, sec 13 1849, ch 293, sec 1

13 Every mortgage, pledge, deposit or other disposal by said commis-
sion merchant, factor, agent, bailee or consignee, of such agricultural pro-
ductions thus consigned for sale alone, unless with the consent of the
grower, producer or other owner, expressly given, shall be null and void;
and no title to said articles, or any of them, shall pass to the person receiv-
ing the same, but the title thereto shall remain in the grower, producer or
other consignor thereof, as if no such mortgage, pledge, deposit or other
disposal had been made.

An Code, 1924, sec 14 1912, sec 14 1904, sec 14 1888, sec 14 1849, ch 293, sec 2

14. Whenever any commission merchant, factor, agent or other con-
signee, shall be discharged under the insolvent laws of this State, no agri-
cultural produce which may have been consigned to him for sale, and which
may be on hand at the time of his application and discharge, not sold to a
fair and bona fide purchaser for a valuable consideration, shall pass to the
trustee of said insolvent, or be in any wise answerable for his debts, but
all such agricultural produce so on hand at the time of such application
and discharge shall be the property of the grower, producer or other owner
who shall have consigned the same

An Code, 1924, sec 15 1912, sec 15 1904, sec 15 1888, sec 15 1849, ch 293, sec 3

15. Nothing contained in the three preceding sections shall in any
manner impair any right of lien which any commission merchant, factor


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 191   View pdf image (33K)
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