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Session Laws, 1910 Session
Volume 487, Page 40   View pdf image (33K)
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40 LAWS OF MARYLAND.

negotiated again by the indorsement of such, person in blank,
or to another specified person. Subsequent negotiation may be
made in like manner.

SEC. 30. A bill may be transferred by the holder by delivery,
accompanied with an agreement, express or implied, to transfer
the title to the bill or to the goods represented thereby.

A non-negotiable bill can not be negotiated, and the indorse-
ment of such a bill gives the transferee no additional right.

SEC. 31. A negotiable bill may be negotiated by any person
in possession of the same, however such possession may have
been acquired, if, by the terms of .the bill, the carrier under-
takes to deliver the goods to the order of such person; or if, at
the time of negotiation, the bill is in such form that it may be
negotiated by delivery.

SEC. 32. A person to whom a negotiable bill has been duly
negotiated acquired thereby—

(a) Such title to the goods as the person negotiating the
bill to him had or had ability to convey to a purchaser in good
faith for value, and also such title to the goods as the consignee
and consignor had or had power to convey to a purchaser in
good faith for value; and

(b) The direct obligations of the carrier to hold possession
of the goods for him according to the terms of the bill, as fully
as if the carrier had contracted directly with him.

SEC. 33. A person to whom a bill has been transferred, but
not negotiated, acquires thereby, as against the transferor, the
title to the goods, subject to the terms of any agreement with
the transferor. If the bill is non-negotiable, such person also
acquires the right to notify the carrier of the transfer to him
of such bill, and thereby to become the direct obligee of what-
ever obligations the carrier owed to the transferor of the bill
immediately before the notification.

Prior to the notification of the carrier by the transferor or
transferee of a non-negotiable bill, the title of the transferee to
the goods and the right to acquire the obligation of the carrier
may be defeated by garnishment or by attachment or execution
upon the goods by a creditor of the transferor, or by a notifica-
tion to the carrier by the transferor or a subsequent purchaser
from the transferor of a subsequent sale of the goods by the
transferor.

A carrier has not received notification within the meaning
of this section unless an officer or agent of the carrier, the
actual or apparent scope of whose duties includes action upon
such notification, has been notified; and no notification shall
be effective until the officer or agent to whom it is given has


 

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Session Laws, 1910 Session
Volume 487, Page 40   View pdf image (33K)
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