Federal Bill of Lading Act (Pomerene Act) Making Negotiable Bills of Lading in Interstate and Foreign Commerce: Effective Jan. 1, 1917

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Merchants National Bank, 1916 - Bills of lading - 36 pages
 

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Page 30 - ... agent acting for him, of the goods or documents of title under any sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of the previous sale, shall have the same effect as if the person making the delivery or transfer were expressly authorized by the owner of the goods to make the same.
Page 24 - If a bill of lading has been issued by a carrier or on his behalf by an agent or employee the scope of whose actual or apparent authority includes the issuing of bills of lading...
Page 32 - means the person named in the bill as the person from whom the goods have been received for shipment. " Goods " means merchandise or chattels in course of transportation or which have been or are about to be transported. " Holder " of a bill means a person who has both actual possession of such bill and a right of property therein. " Order " means an order by indorsement on the bill. " Person " includes a corporation or partnership, or two or more persons having a joint or common interest. To "...
Page 25 - ... unless the bill be first surrendered to the carrier or its negotiation enjoined. The carrier shall in no such case be compelled to deliver the actual possession of the goods until the bill is surrendered to him or impounded by the court.
Page 16 - ... an original, even though the purchase be after the delivery of the goods by the warehouseman to the holder of the original receipt.
Page 28 - A request or information to be effective within the meaning of this section must be given to an officer or agent of the carrier, the actual or apparent scope of whose duties includes action upon such a request or information, and must be given in time to enable the officer or agent to whom it is given, acting with reasonable diligence, to stop delivery of the goods.
Page 25 - That a creditor whose debtor is the owner of an order bill shall be entitled to such aid from courts of appropriate jurisdiction by injunction and otherwise in attaching such bill or in satisfying the claim by means thereof as is allowed at law or in equity in regard to property which cannot readily be attached or levied upon by ordinary legal process.
Page 34 - Where goods are shipped by the consignor in accordance with a contract or order for their purchase, the form in which the bill is taken by the consignor shall indicate the transfer or retention of the property or right to the possession of the goods...
Page 28 - That he has a legal right to negotiate or transfer it, (c) That he has knowledge of no fact which would impair the validity or worth of the receipt, and (d) That he has a right to transfer the title to the goods and that the goods are merchantable or fit for a particular purpose whenever such warranties would have been implied, if the contract of the parties had been to transfer without a receipt the goods represented thereby.
Page 21 - That if more than one person claim the title or possession of goods, the carrier may require all known claimants to interplead, either as a defense to an action brought against him for nondelivery of the goods or as an original suit, whichever is appropriate.

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