clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 3170   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

3170 ARTICLE 83

document used in the ordinary course of business in the sale or transfer
of goods, as proof of the possession or control of the goods, or authorizing
or 'purporting to authorize the possessor of the document to transfer or re-
ceive, either by indorsement or by delivery, goods represented by such
document.

" Fault " means wrongful act or default.

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

" Future goods " means goods to be manufactured or acquired by the
seller after the making of the contract of sale.

" Goods " include all chattels personal other than things in action or
money. The term includes emblements, industrial growing crops, and
things attached to or forming a part of the land which are agreed to be
severed before sale or under the contract of sale.

" Order " in sections of this sub-title relating to documents of title means
an order by indorsement on the document.

" Person " includes a corporation or partnership, or two or more per-
sons having a joint or common interest.

" Plaintiff " includes defendant asserting a right of set-off or counter-
claim.

" Property " means the general property in goods, not merely a special
property.

" Purchaser " includes a mortgagee or pledgee.

" Purchases " includes taking as a mortgagee or a pledgee.

" Quality of goods " includes their state or condition.

" Sale " includes a bargain and sale as well as a sale and delivery.

" Seller " means a person who sells or agrees to sell goods, or any legal
successor in the interest of such person.

" Specific goods " means goods identified and agreed upon at the time a
contract to sell or a sale is made.

" Value " is any consideration sufficient to support a simple contract.
An antecedent or pre-existing clainr, whether for money or not, constitutes
value where goods or documents of titles are taken either in satisfaction
thereof or as security therefor.

(2) A thing is done " in good faith " within the meaning of this sub-
title when it is in fact done honestly, whether it be done negligently or not.

(3) A person is insolvent within the meaning of this sub-title who
either has ceased to pay his debts in the ordinary course of business or
can not pay his debts as they become due, whether he has committed an
act of bankruptcy or not, and whether he is insolvent within the meaning
of the federal bankruptcy law or not.

(4) Goods are in a " deliverable state " within the meaning of this sub-
title when they are in such a state that the buyer would, under the con-
tract, be bound to take delivery of them.

Contingent agreement for severance of fixtures made before fixtures annexed to
freehold. Dairy Co. v. Wrecking Co., 146 Md. 322.

See notes to art. 14A, sec. 25, and to art. 21, sec. 71.

This section referred to in construing art. 90, sec. 8. Banking Co. v. Fid. & Dep. Co.,
165 Md. 678.

This section construed with sec. 23. See notes thereto. Engineering & Machine Co. v.
Swindell, 161 Md. 571.

This section referred to in construing sec. 86. Rolling Mill Co. v. Michlovitz,
157 Md. 68.

Cited but not construed in McLane v. State, 156 Md. 145.

The term "goods" includes "industrial growing crops"—see notes to sec. 22. Wenger
v. Grummel, 136 Md. 81.


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 3170   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  Cannot perform flastmod(): Win32 Error Code = 2

Maryland State Archives