As used in this part, the term: “Deposit” means the delivery of chattels by one person to another to keep for the use of the bailor. “Depository for hire” means a depository who receives or expects a reward or hire for undertaking to keep chattels for another. “Naked deposit” means an undertaking whereby a depository […]
A person may voluntarily undertake to be a depository or may become so involuntarily, as by finding chattels. For a naked deposit, the depository is responsible only for gross negligence. History. Orig. Code 1863, § 2083; Code 1868, § 2078; Code 1873, § 2104; Code 1882, § 2104; Civil Code 1895, § 2922; Civil Code […]
Depositories for hire are bound to exercise ordinary care and diligence and are liable as in other cases of bailment for hire. History. Orig. Code 1863, § 2089; Code 1868, § 2084; Code 1873, § 2110; Code 1882, § 2110; Civil Code 1895, § 2928; Civil Code 1910, § 3501; Code 1933, § 12-404. Cross […]
If one, in addition to safekeeping, undertakes gratuitously to carry money or other articles to another place, his liability is the same as that of a naked depository. History. Orig. Code 1863, § 2085; Code 1868, § 2080; Code 1873, § 2106; Code 1882, § 2106; Civil Code 1895, § 2924; Civil Code 1910, § […]
One who holds a naked deposit may at any time terminate the bailment by a redelivery of the chattels to the bailor. History. Orig. Code 1863, § 2086; Code 1868, § 2081; Code 1873, § 2107; Code 1882, § 2107; Civil Code 1895, § 2925; Civil Code 1910, § 3498; Code 1933, § 12-305.
One who holds a naked deposit may not use such deposit without increasing his responsibility unless the use is necessary to preserve the deposit or, from the circumstances, the consent of the depositor may be reasonably presumed. History. Orig. Code 1863, § 2087; Code 1868, § 2082; Code 1873, § 2108; Code 1882, § 2108; […]
One who holds a naked deposit is entitled to be reimbursed for all charges and expenses which he incurs by reason of the deposit, and he may retain possession of the deposit until such charges and expenses are paid. History. Orig. Code 1863, § 2088; Code 1868, § 2083; Code 1873, § 2109; Code 1882, […]
