170

LAWS OF MARYLAND.

CHAP. 125.

New section
added.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That four additional sections be and hereby are
added to Article 14 of the Code of Public General Laws of
Maryland, entitled " Bills of Lading, Storage and Elevator
Receipts," said additional sections to be known as sections 1 A,
1 B, 1 C, 1 D, respectively.
1 A. If any bill of lading or any receipt, voucher or

"Order" bill
of lading.
Negotiable
instruments.

acknowledgment whatsoever in writing in the nature or stead
of a bill of lading for goods, chattels or commodities of any
kind to be transported on land or water, or on both, shall con-
tain the word " order " inserted before or after the name of the
consignee, or if there shall be on such bill of lading, receipt,
voucher or acknowledgment, any printed or written matter
indicating that the goods, chattels or commodities named
therein are to be delivered only upon the order or endorsement
of the consignee or other party named, such bill of lading or
instrument shall be known as an "order" bill of lading.
All "order" bills of lading shall be and they are hereby
constituted and declared to be negotiable instruments and
securities in the same sense as bills of exchange and prom-
issory notes and full and complete title to the property in said
instruments mentioned or described, and all rights and reme-
dies incident to such title or arising under or derivable from
the said instruments shall enure to and be vested in each and
every bona 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 to become such. No conditions,
clauses or provisions inserted in or attached to any " order "
bill of lading shall in any manner limit the negotiability
thereof, and every such condition, clause or provision purport-
ing to limit such negotiability shall be void.
1 B. If any "order" bill of lading shall contain the words

How to be
construed.

" Notify A B," or any other words directing notice to be given
to any person of the arrival of the goods, chattels or com-
modities at a point of destination, such words shall not be
construed to charge any holder of such instruments with notice
of any rights or equities of such person so to be notified in the
said goods, chattels or commodities.

Bills of
lading to be
surrendered
and cancelled
before
delivery of
goods.

1 C. If any person or corporation, or any agent of any person
or corporation having issued any "order" bill of lading shall
deliver or permit to be delivered the goods, chattels or com-
modittes mentioned in such bill of lading, without requiring
the surrender of such bill of lading and without cancelling the
same by writing or stamping on the face thereof in a con-