§ 509, 510. Character of the pledgee's § 521. Pledgee's title is conditional.
title.
§ 511. Pledgee has such property as
will enable him to maintain re-
plevin.
§ 512. Pledgee's title is paramount to
the right of stoppage in transitu.
§ 513. No title passes unless the bill
be delivered.
§ 514, 515. Forwarding a bill attached
to a draft for the price of goods is not
necessarily a delivery to the party
discounting the draft,
§ 516, 517. Pledgee's rights are para-
mount to those of the consignee.
§ 518. Pledgee's rights are paramount
to those of a consignee to whom the
consignor is indebted beyond the
value of the goods.
§ 519. Agreements between a con-
signor and a consignee that the ship-
ment shall be appropriated to the
payment of the former's debts are
immaterial.
§ 520. Consignee's ignorance of the
pledge is immaterial.
§ 528. Consignee cannot claim posses-
sion until he accepts or pays the draft.
§ 529. Pledgee is liable in damages for
refusal to deliver upon the con-
signee's acceptance or payment of
the draft.
§ 530. Pledgee's right is not divested
by the consignee's obtaining posses-
sion of the goods without acceptance
or payment of the draft.
§ 531. Nor by the consignee's own de-
livery of the goods where in trust for
redemption of pledge.
§ 532. The right is general.
§ 533. The right is defeated by a trans-
fer of the bill of lading for value to
a bona fide transferree.
§ 534. The bill-holder's title is not ne-
cessarily invalidated by the fraud of
the original vendee.