This section is from the book "Popular Law Library Vol5 Sales, Personal Property, Bailments, Carriers, Patents, Copyrights", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
Any kind of personal property may be the subject of bailment unless otherwise provided by statute; and such property need not be corporeal, because a chose in action may be bailed.7 Property which is not in existence, or which is to be acquired by a person in the future, is not bailable.8
1 Samuels vs. McDonald, 33 N. Y.
Super. Ct., 211; Owens vs.
Kiniseg, 52 N. C, 245. 2 Ex parte Fitz, 2 Lowell (U. S.),
519; 9 Fed. Cas., No. 4,837;
Reeves vs. Copper, 1 Arm., 427;
5 Bing., No. Cas. 136. 3 Fletcher vs. Ingram, 46 Wis., 191;
50 N. W„ 424.
4 Sanders vs. Davis, 13 B. Mon., (Ky.), 432. See also Hamilton vs. Wagner, 2 A. K. Marsh., (Ky.), 331.
5 Collin's Appeal, 107 Pa. St., 590; 52 Am. Rep., 479.
6 Michigan Cent. R. Co. vs. Carrow, 73 I11., 348; 24 Am. Rep., 248.
A chose in action arising out of a personal wrong, and not being for the recovery of damages for property illegally taken out of a person's possession or unlawfully withheld from him, cannot be the subject of a bailment.
 
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