226

LAWS OF MARYLAND

[Ch. 49

on reasonable notification to all persons known to claim
an interest in the goods. If the warehouseman after a
reasonable effort is unable to sell the goods he may
dispose of them in any lawful manner and shall incur no
liability by reason of such disposition.

(4)   The warehouseman must deliver the goods to any
person entitled to them under this [subtitle] TITLE upon
due demand made at any time prior to sale or other
disposition under this section.

(5)    The warehouseman may satisfy his lien from the
proceeds of any sale or disposition under this section
but must hold the balance for delivery on the demand of
any person to whom he would have been bound to deliver
the goods.

7—207. Goods must be kept separate; fungible goods.

(1)     Unless the warehouse receipt otherwise
provides, a warehouseman must keep separate the goods
covered by each receipt so as to permit at all times
identifications and delivery of those goods except that
different lots of fungible goods may be commingled.

(2)    Fungible goods so commingled are owned in
common by the persons entitled thereto and the
warehouseman is severally liable to each owner for that
owner's share. Where because of overissue a mass of
fungible goods is insufficient to meet all the receipts
which the warehouseman has issued against it, the persons
entitled include all holders to whom over issued receipts
have been duly negotiated.

7—208. Altered warehouse receipts.

Where a blank in a negotiable warehouse receipt has
been filled in without authority, a purchaser for value
and without notice of the want of authority may treat the
insertion as authorized. Any other unauthorized
alteration leaves any receipt enforceable against the
issuer according to its original tenor.

7-209. Lien of warehouseman.

(1) A warehouseman has a lien against the bailor on
the goods covered by a warehouse receipt or on the
proceeds thereof in his possession for charges for
storage or transportation (including demurrage and
terminal charges), insurance, labor, or charges present
or future in relation to the goods, and for expenses
necessary for preservation of the goods or reasonably
incurred in their sale pursuant to law. If the person
on whose account the goods are held is liable for like