bailee


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Related to bailee: Bailii

Bailee

One to whom Personal Property is entrusted for a particular purpose by another, the bailor, according to the terms of an express or implied agreement.

Cross-references

Bailment.

bailee (custodian)

n. a person with whom some article is left, usually pursuant to a contract (called a "contract of bailment"), who is responsible for the safe return of the article to the owner when the contract is fulfilled. These can include banks holding bonds, storage companies where furniture or files are deposited, a parking garage, or a kennel or horse ranch where an animal is boarded. Leaving goods in a sealed rented box like a safe deposit box, is not a bailment, and the holder is not a bailee since he cannot handle or control the goods. (See: bailment, bailor)

bailee

see BAILMENT.

BAILEE, contracts. One to whom goods are bailed.
     2. His duties are to act in good faith he is bound to use extraordinary diligence in those contracts or bailments, where he alone receives the benefit, as in loans; he must observe ordinary diligence of those bailments, which are beneficial to both parties, as hiring; and he will be responsible for gross negligence in those bailments which are only for the benefit of the bailor, is deposit and mandate. Story's Bailm. Sec. 17, 18, 19. He is bound to return the property as soon as the purpose for which it was bailed shall have been accomplished.
     3. He has generally a right to retain and use the thing bailed, according to the contract, until the object of the bailment shall have been accomplished.
     4. A bailee with a mere naked authority, having a right to remuneration for his trouble, but coupled with no other interest, may support trespass for any injury, amounting to a trespass, done while he was in the actual possession of the thing. 4 Bouv. Inst. n. 3608.

References in periodicals archive ?
And, except for notifying the carrier or other bailee to stop delivery of its goods, the seller should take no further action to recover its goods without first moving for relief in the bankruptcy court.
A seller loses its right to stop delivery of goods in transit when (a) the buyer received the goods; (b) a bailee, other than a carrier, acknowledges to the buyer that it is holding the goods for the buyer; (c) a carrier transporting the goods acknowledges to the buyer that the carrier is holding the goods for the buyer by either reshipping them according to the buyer's instruction or holding them as the buyer's warehouse; or (d) a negotiable document of title for the goods has been issued or negotiated to the buyer, or a non-negotiable document has been issued to someone other than the seller.
The primary judge dismissed Mr and Mrs Da Rocha's claim, holding that Mr and Mrs Da Rocha had an obligation to deliver up vacant possession of the property on execution of the warrant and that a mortgagee who found himself in the possession of chattels on execution of a warrant for possession was in law an involuntary bailee. The duty of an involuntary bailee was to do what was right and reasonable, the practical effect of which depended upon the findings of fact in each case.
"I spend so much time in hotel rooms that I love coming home to a space for myself," says Bailee. "It's a place I can go to create and let my imagination run wild."
Combined Group's program carriers are admitted AM Best “A” rated and offer unlimited bailee coverage, employee practices liability, boiler & machinery, pollution liability, garments in transit, damage in processing, mysterious disappearance, & fur storage coverage.
Little Bailee Madison hears whispers in the basement.
Plummer; his godchildren, Bailee, Jacob and Tyler Duquette; his cat, Maggie; and his beloved dog, Tank.
Luis Miguel Garcia, a 61-year-old retired businessman, matched Bagtas' 52 points, but his heroics went for naught following the disqualification of Orchard teammate Jun Bailee.
For years, the coffee industry, in respect to coffee owners and third party bailee warehouses, has been operating under a traditional insurance relationship underpinned solely by legal liability.
BE AFRAID OF THE DARK (Cert 15, 95 mins) NINE-YEAR-OLD Sally Hurst (Bailee Madison) is sent to live with her architect father Alex (Guy Pearce) and his girlfriend, interior decorator Kim (Katie Holmes), at the Gothic mansion they are restoring.
He is survived by wife, Victoria (Vicki Vollbrecht), sons: Kevin McGauley of Oakdale, MN, Brian McGauley of Atlanta, GA, and David McGauley of Atlanta, GA, Jay Brekke of Fargo, ND and Brent (Stacey) Brekke of Oxford, OH and 3 grandchildren: Brendan Laskey, Bailee and Cody Brekke; sisters: Dorothy McGauley (his twin) of Worcester, MA, Marie (John) Keaney of Rochdale, MA.
The purchaser remains the trustee/ bailee on behalf of the financier or the financial institution, it added.