This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 100.— If a client ships on a local railway bill 500 barrels of flour with the bill of lading reading "to the order of John Smith & Co., Demerara, S. A., notify John Smith & Co., New York." Could Smith & Co. turn over the 500 barrels to a steamship company for furtherance to destination without taking up the local railway bill?
Answer.—We do not think that John Smith & Co. of New York could exercise any control over this shipment, but the railway company would, we think, without requiring the surrender of the railway receipts, be justified in delivering the goods to a steamship company, to be forwarded to their destination, in accordance with the understanding on which they have received them. No doubt they would be the readier to act if pressed to do so by the New York house.