This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 603.— 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 A.B., 83 large cheese marked "'H' to be delivered to the order of A.B. 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.