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" Every contract by which the possession of personal property is transferred, as security only, is to be deemed a pledge. "
Handbuch des Handelsrechts - Page 892
by Goldschmidt - 1868
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The Civil Code of the State of California: As Enacted in 1872, and Amended ...

California - Civil law - 1876 - 622 pages
...Pledge is a deposit of personal property by way of security for the performance of another act. § 2987. Every contract by which the possession of personal property is transferred, as security only, is to be deemed a pledge. § 2988. The lien of a pledge is dependent on possession,...
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The Pacific Reporter, Volume 175

Law reports, digests, etc - 1919 - 1022 pages
...personal property by way of security for the performance of another act Section 4501, RL 1010, states that every contract by which the possession of personal...property Is transferred, as a security only, Is to be deemed a pledge. Every element necessary to constitute a pledge Is Included in this transaction. The...
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The American and English Encyclopedia of Law, Volume 18

John Houston Merrill, Thomas Johnson Michie, Charles Frederic Williams, David Shephard Garland - Law - 1892 - 1028 pages
...payment or performance. Sweet s Law Diet. Statutory Definition. — In California, Dakota, and IJnho, every contract by which the possession of personal property is transferred as security only, is declared bv statute to be a pledge. CaliforniaCiv. Code, $ 2986; Dakota Civ. Code....
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 32

South Dakota. Supreme Court - Court rules - 1914 - 748 pages
...is a deposit of personal property by way of security for the performance of another act. "Sec. 2105. Every contract by which the possession of personal...property is transferred, as a security only, is to be deemed a pledge. "Sec. 2106. The lien of a pledge is dependent on possession, and no pledge is valid...
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The American State Reports: Containing the Cases of General Value ..., Volume 53

Abraham Clark Freeman - Law reports, digests, etc - 1897 - 1070 pages
...not pass to it, but remains with the pledger. PLEDGE, WHAT IS.— Under the civil code of California every contract by which the possession of personal property Is transferred as security only Is a pledge. A BANK RECEIVING MONEYS AS A PLEDGE OR SPECIAL DEPOSIT cannot change Its...
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Lawyers' Reports Annotated, Book 41

Law reports, digests, etc - 1898 - 918 pages
...The facs are stated in the opinion. '/••-. ч ». Newman, Spalding, & Stambaugh, for appellant: Every contract by which the possession! of personal property is transferred as security only is to be deemed a pledge. Rev. Codes, i; 4745. These goods were purchased for the purpose...
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A Treatise on the Law of Pledges: Including Collateral Securities

Leonard Augustus Jones - Pledges (Law) - 1901 - 942 pages
...defined to be a deposit of personal property by way of security for the performance of another act. Every contract by which the possession of personal property is transferred as security only is to be deemed a pledge.* In Georgia,7 a pledge or pawn is declared to be property deposited...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 10

North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1902 - 794 pages
...set out in detail, constituted it a pledge or an agreement for a pledge and not a chattel mortgage. "Every contract by which the possession of personal property is transferred as security only, is to be deemed a pledge." Section 4745, Rev. Codes. "The lien of a pledge is dependent...
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Contract and Statutory Liens in California and Their Enforcement ...

Charles Marcellus Bufford - Liens - 1903 - 1128 pages
...capable of mamial delivery may be pledged by a written transfer of the title thereto.2 In Section 2987: "Every contract by which the possession of personal property is transferred, as security only, is to be deemed a pledgc." Illustrations. — The transfer of a negotiable instrument...
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Briefs on the Law of Insurance, Volume 2

Roger William Cooley, Lawrence Vold - Insurance law - 1905 - 1036 pages
...validity. But an assignment of a policy as security for a debt will fall within a statute,3 providing that every contract by which the possession of personal property is transferred as security only is to be deemed a pledge (Savings Bank v. Middlekauff, 113 Cal. 463, 45 Pac. 840). (i)...
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