MARVIN MANDEL, Governor

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charges or expenses in relation to other goods whenever
deposited and it is stated in the receipt that a lien is
claimed for charges and expenses in relation to other
goods, the warehouseman also has a lien against his for
such charges and expenses whether or not the other goods
have been delivered by the warehouseman. But against a
person to whom a negotiable warehouse receipt is duly
negotiated a warehouseman's lien is Halted to charges in
an amount or at a rate specified on the receipt or if no
charges are so specified then to a reasonable charge for
storage of the goods covered by the receipt subsequent to
the date of the receipt.

(2)    The warehouseman may also reserve a security
interest against the bailor for a maximum amount
specified on the receipt for charges other than those
specified in subsection (1), such as for money advanced
and interest. Such a security interest is governed by
the [subtitle] TITLE on secured transactions ([subtitle]
TITLE 9).

(3)    A warehouseman's lien for charges and expenses
under subsection (1) or a security interest under
subsection (2) is also effective against any person who
so entrusted the bailor with possession of the goods that
a pledge of then by him to a good faith purchaser for
value would have been valid but is not effective against
a person as to whom the document confers no right in the
goods covered by it under § 7—503.

(4)    A warehouseman loses his lien on any goods
which he voluntarily delivers or which he unjustifiably
refuses to deliver.

7—210. Enforcement of warehouseman's lien.

(1) Except as provided in subsection (2), a
warehouseman's lien may be enforced by public or private
sale of the goods in bloc or in parcels, at any time or
place and on any terms which are commercially reasonable,
after notifying all persons known to claim an interest in
the goods. Such notifications must include a statement
of the amount due, the nature of the proposed sale and
the time and place of any public sale. The fact that a
better price could have been obtained by a sale at a
different time or in a different method from that
selected by the warehouseman is not of itself sufficient
to establish that the sale was not made in a commercially
reasonable manner. If the warehouseman either sells the
goods in the usual manner in any recognized market
therefor, or if he sells at the price current in such
market at the time of his sale, or if he has otherwise
sold in conformity with commercially reasonable practices
among dealers in the type of goods sold, he has sold in a