411.541. Failure to mark receipt upon delivery of part of grain--warehouseman liable--when.

Failure to mark receipt upon delivery of part of grain--warehousemanliable--when.

411.541. Except as provided, when a warehouseman delivers inwhole or in part the grain for which he had issued a negotiablereceipt and fails either to take up and cancel the receipt, or toplace plainly upon it a statement of what grain had beendelivered, he is liable to anyone who purchases for value in goodfaith the receipt, for failure to deliver all the grain specifiedin the receipt, whether the purchaser acquired title to thereceipt before or after the delivery of any portion of the grainby the warehouseman.

(L. 1965 p. 606)