Chapter IV — WAREHOUSE RECEIPTS

Section 22Presumption in certain cases

Section 22: Presumption in certain cases

22. Presumption in certain cases

In a dispute between an endorser of a negotiable warehouse receipt and his endorsee unless it is proved otherwise, it shall be presumed that—

(a)

the endorsement has been made voluntarily;

(b)

the endorsement has been made for full consideration;

(c)

the endorser had full legal title in the goods represented by the receipt; and

(d)

the endorsement has extinguished all the rights, title and interest of the endorser in the goods.