Factors.
the goods or the documents of title to the goods, the delivery or transfer, by that person or by a mercantile agent acting for him, of the goods or documents of title, under any sale, pledge, or other disposition thereof, or under any agreement for sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of any lien or other right of the original seller in respect of the goods, shall have the same effect as if the person making the delivery or transfer were a mercantile agent in possession of the goods or documents of title with the consent of the
owner.
[CAP. 48
transfer of
of title on
lien or right
11. Where a document of title to goods has been law- Effect of fully transferred to a person as a buyer or owner of the document. goods, and that person transfers the document to a person vendor's who takes the document in good faith and for valuable of stoppage consideration, the last-mentioned transfer shall have the same effect for defeating any vendor's lien or right of stop-page in transitu as the transfer of a bill of lading has for defeating the right of stoppage in transitu.
Supplementary.
[10
in transitu.
transferring
12. For the purposes of this Ordinance, the transfer of Mode of a document may be by indorsement, or, where the document document. is by custom or by its express terms transferable by delivery or makes the goods deliverable to the bearer, then by delivery.
[11
13. (1) Nothing in this Ordinance shall authorize an agent to exceed or depart from his authority as between himself and his principal, or exempt him from any liability, civil or criminal, for so doing.
(2) Nothing in this Ordinance shall prevent the owner of goods from recovering the goods from an agent or his trustee in bankruptcy at any time before the sale or pledge thereof, or shall prevent the owner of goods pledged by an agent from having the right to redeem the goods at any time before the sale thereof, on satisfying the claim for which the goods were pledged, and paying to the agent, if by him required, any money in respect of which the agent would by law be entitled to retain the goods, or the docu-
377
Saving for true owner.
rights of
1