Sec. 40-56. Negotiation of receipt for mortgaged goods.
Sec. 40-56. Negotiation of receipt for mortgaged goods. Any person who deposits goods to which he has not title, or upon which there is a lien or mortgage, and who
takes for such goods a negotiable receipt which he afterwards negotiates for value with
intent to deceive and without disclosing his want of title or the existence of the lien
or mortgage, shall, for each offense, be fined not more than one thousand dollars or
imprisoned not more than one year or both.
(1949 Rev., S. 6540.)