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Revised Code of the Public General Laws, 1879
Volume 388, Page 298   View pdf image (33K)
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298

BILLS OF LADING AND STORAGE RECEIPTS. [ART. 35.

payable as aforesaid, to give notice of the dishonor thereof, until
the Tuesday next succeeding either of said days.

BILLS OF LADING AND STORAGE RECEIPTS

1876, c 262, s 1
Bills of lading,
storage receipts,
etc, declared
negotiable, un-
less the con-
trary be ex-
pressly provided
on the face
thereof.
44 Md. 11

12, All bills of lading and all receipts, vouchers, or acknowledg-
ments whatsoever in writing, in the nature or stead of bills of lading
for goods, chattels, or commodities of any kind, to be transported
on land or water, or on both, which shall be executed in this State,
or being executed elsewhere, shall provide for the delivery of goods,
chattels, or commodities of any kind within this State, and all ware-
house, elevator, or storage receipts whatsoever for goods, chattels, or
commodities of any kind stored or deposited, or in said receipts
stated or acknowledged to be stored or deposited for any purpose
in any warehouse, elevator, or other place of storage or deposit in
this State, shall be and they are hereby constituted and declared to
be negotiable instruments and securities, unless it be provided in
express terms to the contrary on the face thereof, in the same sense
as bills of exchange and promissory notes, and full and complete
title to the property in said instruments mentioned or described,
and all rights and remedies incident to such title, or arising under
or derivable from the said instruments, shall inure to and be vested
in each and every bond fide holder thereof for value, altogether
unaffected by any rights or equities whatsoever of or between the
original or any other prior holders of or parties to the same, of
which such bona fide holder for value shall not have had actual
notice at the time he became such.

Id s 2
Effect of such
instruments as
Evidence.

13. Every instrument of those mentioned and described in the pre-
ceding section, which shall be issued by any person or corporation, or
by any agent or officer of any person or corporation authorized to issue
the same on his or its behalf, or authorized or permitted by such
person or corporation to issue like instruments on his or its behalf
for goods, chattels, or commodities, actually received for transporta-
tion or held on storage, as the case may be, shall be conclusive evi-
dence in the hands of any bona fide holder for value of such instru-
ment, who shall have become such without actual notice to the
contrary, that all of the goods, chattels, and commodities in said
instrument mentioned or described, had been actually received by,
and were actually in the possession and custody of, such person or
corporation at the time of issuing the said instrument according to
the tenor thereof, and for the purposes and to the effects therein
stipulated or provided, notwithstanding that the fact may be other-
wise, and that such agent or officer may have had no authority to
issue any such instrument on behalf of his said principal, except for
goods, chattels, or commodities actually received and in possession
at the time of such issue.

Id s 3.
Acceptances,
vouchers, etc,

14. Every acceptance of an order and every other voucher what-
soever, for any goods, chattels, or commodities, as on storage or



 
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Revised Code of the Public General Laws, 1879
Volume 388, Page 298   View pdf image (33K)
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