Question 22.— (1) Do banks take warehouse receipts or assignments under section 74 of the Bank Act, signed by attorney ?

(2) If the goods were made away with, could the principal be prosecuted criminally?

Answer.— (1) We think it is the practice of banks to take warehouse receipts or securities under section 74 given by the customer's attorney, and that such practice is proper and necessary.

(2) The customer would be liable criminally for doing away with the goods, unless he was unaware of the fact that his attorney had given security to the bank. The attorney would also be liable criminally if he personally should dispose of the goods improperly.