C-53 - Act respecting bills of lading, receipts and transfers of property in stock

Section 9 Disposition versions

1977-12-31

9. Any such endorsement of any such cove-receipt or bill of lading or receipt, acknowledgment or certificate, shall give to the endorsee thereof security on the logs, pulpwood and other timber, boards, deals, staves and other lumber therein mentioned and the products thereof, and all property into which the same or any thereof may be converted, prior to and by preference over the claim of any unpaid vendor or other creditor, save and except claims for wages of labour performed in making and transporting such timber.

R. S. 1964, c. 318, s. 9.