WAREHOUSE RECEIPTS. 47

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

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

SEC. 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 this Act.

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

SEC. 4. A receipt in which it is stated that the goods re-
ceived will be delivered to the depositor, or to any other speci-
fied person, is a non-negotiable receipt.

SEC. 5. A receipt in which it is stated that the goods re-
ceived will be delivered to the bearer, or to the order of any
person named in such receipt is a negotiable receipt.

No provision shall be inserted in a negotiable receipt that it
is non-negotiable. Such provision, if inserted, shall be void.

SEC. 6. When more than one negotiable receipt is issued for
the same goods, the word "duplicate" shall be plainly placed
upon the face of every such receipt, except the one first issued.
A warehouseman shall be liable foi all damage caused by his
failure so to do to any one who purchased the subsequent
receipt for value, supposing it to be an original, even though
the purchase be after the delivery of the goods by the ware-
houseman to the holder of the original receipt.

SEC. 7. A non-negotiable receipt shall have plainly placed
upon its face by the warehouseman issuing it "non-negotiable,"
or "not negotiable." In case of the warehouseman's failure
so to do, a holder of the receipt who purchased it for value, sup-
posing it to be negotiable, may, at' his option, treat such re-
ceipt as imposing upon the warehouseman the same liabilities
he would have incurred had the receipt been negotiable.

This section shall not apply, however, to letters, memoranda
or written acknowledgments of an informal character.

SEC. 8. A warehouseman, in the absence of some lawful ex-
cuse provided by this Act, is bound to deliver the goods upon