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1. Object of the Lien – on the goods deposited with him or on the proceeds thereof in his hands
2. Purpose – for all lawful charges for storage and preservation of goods, money advanced
by him in relation to such goods such as expenses of transportation or labor.
3. Against what Property may the lien be enforced – all goods belonging to the person
liable for the charges, as well as against all goods belonging to others deposited by the
person liable for the charges and could have validly pledged the same.
4. Loss of lien by warehouseman - by surrendering the possession of the goods or refusing to deliver the goods when demand is made with which he is bound to comply.
5. Effect of the sale of goods to satisfy the warehouseman’s lien or on account of the
goods’ perishable or hazardous nature – warehouseman, after the sale, shall not be
liable for failing to deliver the goods to the person lawfully entitled to the goods, even if
such receipt were negotiable
2. Purpose – for all lawful charges for storage and preservation of goods, money advanced
by him in relation to such goods such as expenses of transportation or labor.
3. Against what Property may the lien be enforced – all goods belonging to the person
liable for the charges, as well as against all goods belonging to others deposited by the
person liable for the charges and could have validly pledged the same.
4. Loss of lien by warehouseman - by surrendering the possession of the goods or refusing to deliver the goods when demand is made with which he is bound to comply.
5. Effect of the sale of goods to satisfy the warehouseman’s lien or on account of the
goods’ perishable or hazardous nature – warehouseman, after the sale, shall not be
liable for failing to deliver the goods to the person lawfully entitled to the goods, even if
such receipt were negotiable
