Site icon The Law Dictionary

DEPOSITUM

Lat. In the civil law.
One of the forms of the contract of bailment being a naked bailment of good’s to be kept for the use of the bailor without reward.
Foster v. Essex Bank, 17 Mass. 498j 9 Ani.Dec. 168; Coggs v. Bernard, 2 Ld. Raym.”912 See DEPOSIT.. One of the four real contracts specified by Justinian, and having the following characteristics: (1) The depositary or depositee is hot liable for negligence, however extreme, but only for fraud, dolus; (2) the property remains in the depositor, the depositary having, only the, possession. Precarium and sequestre were, two varieties of the depositum.

Exit mobile version