(1) Where the owner of goods has given possession of the goods to another
person for the purpose of consignment or sale, or has shipped the goods in the
name of another person, and the consignee of the goods has not had notice that
such person is not the owner of the goods, the consignee shall, in respect of
advances made to or for the use of such person, have the same lien on the
goods as if such person were the owner of the goods, and may transfer the lien
to another person.
(2) The person in whose name any goods have been shipped
shall, for the purposes of this section, be taken to have been given
possession of the goods for the purpose of consignment or sale unless the
contrary is shown.
(3) Nothing in this section shall limit or affect the
validity of any sale pledge or disposition by a mercantile agent.
