Maryland Casualty Co. v. Washington Loan & Banking Co.
Supreme Court of Georgia
1Opinion of the CourtHines, J.
(After stating the foregoing facts.)
The first and controlling question in this case is: Can a licensed public bonded warehouse company issue receipts for its own property stored in its warehouse, and pledge the same to secure loans of money from a bank ? In discussing this question we must bear in mind the distinction between private and public ware-housemen. A warehouseman is a depositary for hire. Civil Code, § 3503. Usually the relationship between a warehouseman and his customer is that of bailor and bailee, but the relationship is not established until the warehouseman comes into…
2Cases cited26 opinions
- Security Warehousing Co. v. HandSupreme Court of the United States · 1907
- Citizens & Southern Bank v. Union Warehouse & Compress Co.Supreme Court of Georgia · 1924
- Parshall v. . EggertNew York Court of Appeals · 1873
- Taney v. Penn National Bank of ReadingSupreme Court of the United States · 1914
- Conrad v. FisherMissouri Court of Appeals · 1889
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3Cited by10 opinions
- Avoca State Bank v. Merchants Mutual Bonding Co.Supreme Court of Iowa · 1977
- Carpenter v. WilliamsCourt of Appeals of Georgia · 1930
- Stapleton v. DismukesCourt of Appeals of Georgia · 1931
- Nieschlag & Co., Inc. v. Atlantic Mut. InsuranceDistrict Court, S.D. New York · 1941
- Aetna Insurance Company v. Junction Warehouse CompanyCourt of Appeals for the Fifth Circuit · 1968
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