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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 513   View pdf image (33K)
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WAREHOUSE RECEIPTS 513

An. Code, 1924, sec. 1. 1912, sec. 1. 1910, ch. 406, sec. 1 (p. 46). 1914, ch. 147.

1. Warehouse receipts may be issued by any warehouseman. A ware-
house shall be considered to be any building or structure where property
of any kind is stored; provided, however, that a lot or parcel of land with
or without any building or structure thereon, which lot or parcel of land is
enclosed with a fence, or otherwise, shall be considered to be a warehouse,
if bulky or heavy property is stored thereon.

For receipts held not to be "warehouse receipts" within the purview of secs. 1 and
10 of art. 14, as they stood prior to the uniform bills of lading and warehouse receipts
acts, see Washington County Bank v. Motter, 97 Md. 548; State v. Bryant, 63 Md. 68.
And see Thurber v. Oliver, 26 Fed. 224.

An. Code, 1924, sec. 2. 1912, sec. 2. 1910, ch. 406, sec. 2 (p. 46).

2. Warehouse receipts need not be in any particular form, but every
such receipt must embody within its written or printed terms:
(a) The location of the warehouse where the goods are stored.
(b) The date of issue of the receipt,
(c) The consecutive number of the receipt.

(d) A statement whether the goods received will be delivered to the
bearer, to a specified person, or to a specified person or his order.

(e) The rate of storage charges.

(f) A description of the goods or of the packages containing them.

(g) The signature of the warehouseman, which may be made by his
authorized agent.

(h) If the receipt is issued for goods of which the .warehouseman is
owner, either solely or jointly, or in common with others, the fact of such
ownership, and

(i) A statement of the amount of advances made and of liabilities in-
curred for which the warehouseman claims a lien. If the precise amount
of such advances made or of such liabilities incurred is, at the time of the
issue of the receipt, unknown to the warehouseman or to his agent who
issues it, a statement of the fact that advances have been made or liabilities
incurred and the purpose thereof is sufficient.

A warehouseman shall be liable to any person injured thereby, for all
damage caused by the omission from a negotiable receipt of any of the
terms herein required.

An. Code, 1924, sec. 3. 1912, 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.

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

An. Code, 1924, sec. 4. 1912, 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, 1924, sec. 5. 1912, 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.
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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 513   View pdf image (33K)
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