This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 585. - Is the following form of warehouse receipt good from a bank's point of view? It differs materially from the usual bank form:
"Received in store from AB, 83 large cheese marked "'H' to be delivered to the order of AB to be endorsed "hereon.
"Blanktown, 18th August, 1899. C D & Co."
Answer. - We think this is a valid form of receipt. The points in which it differs from the form usually employed by banks, as for example in regard to a statement of the place where the goods are stored, or that they are to be held until delivery pursuant to order, are not essential.
 
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