St. Losky v. Davidson

Citations

• 6 Cal. 643

Syllabus

<p>A pledge is a bailment which is reciprocally beneficial to both parties, and therefore the law requires of the pledgee the exercise of ordinary diligence in the custody and care of the goods pledged, and he is responsible for ordinary negligence. ¡ ^</p> <p>When the bailors agreed that the goods should be stored in a certain warehouse at their risk and expense, Held, that their removal by an agent of the bailees, though without their knowledge, charged them for the safe keeping of the goods after their removal, and that they wore responsible for any damage to said goods caused by their removal to an insecure or improper place of storage.</p>