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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 118   View pdf image (33K)
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118

AGENTS AND FACTOES.

[ART.

6. Deposit or pledge by factor to third
parties with notice.
7. Upon insolvency of factor, princi-
pal may collect unpaid purchase
money. Set-off.
S. When set-off allowed.
9. Upon insolvency of factor, princi-
pal may recover unsold and un-
pledged goods.
10. Where third party entitled to set-
off, principal may recover sur-
plus of unpaid purchase money
or surplus over advances made
to factor.
11. Owner redeeming goods pledged by
insolvent factor to be held to
have paid pro tanto any debt due
by him to such factor.

12. Title and right of consignees of
agricultural products.
] 3. Mortgage and pledge of agricultural
products by consignee to be void.
14. Agricultural products unsold in
hands of insolvent factor, not to
pass to his trustee in Insolvency.
15. Lien of consignee for advances to
owner of agricultural products.
16. This article not to affect legal and
equitable rights of owner against
factor.
17. When real estate broker is entitled
to commission.

1904, art. 2, sec. 1.. 1888, art. 2, sec. 1. 1860, art. 3, sec. 1. 1825, ch. 182, sec. 1.

1S49, ch. 293, sec. 1.

1. Any person intrusted for the purpose of consignment or sale
with any goods, wares or merchandise, except agricultural productions,
and who shall have shipped or consigned the same in his own name, and
any person in whose name any goods, wares and merchandise shall be
shipped or consigned by any other person, shall be taken to be the true
owner thereof, so far as to entitle the consignee to a lien thereon for
any money or negotiable security advanced or given to or for the use
of the person in whose name such goods, wares or merchandise shall
be shipped or consigned, or for any money or negotiable security
received by him to the use of such consignee, in the same manner as if
such person were the true.owner.

The term "factor" defined. This section held to have no application
where goods were in a party's possession for the sole purpose of delivering
them to the purchaser; hence such party has no lieu. When a factor has
a Hen. Rowland v. Dolby, 100 Md. 274.

Ibid. sec. 2. 1888, art. 2, sec. 2. I860, art. 3, sec. 2. 1825, ch. 182, sec. 1.

1829, ch. 198.

2. The provisions of the preceding section shall not apply to any
case where the consignee shall have notice by the bill of lading or other-
wise, at or before the time of any advance of such money or negotiable
security, or of such receipt of money or negotiable security for which
such lien is claimed, that the person so shipping or consigning in his
own name or in whose name any goods, wares or merchandise shall be
shipped or consigned by any other person is not the actual and bona fide
owner thereof.

Ibid. sec. 3. 1888, art. 2, sec. 3. 1860, art. 3, sec. 3. 1825, ch. 182, sec. 2.

3. Any person intrusted with and in possession of any bill of lad-
ing, store keeper's or inspector's certificate, order for the delivery of
goods, or other document showing possession, shall be deemed the true

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 118   View pdf image (33K)
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