1. The holder of both the storage receipt and pledge deed may receive goods warehoused. However, he may request that the goods be divided into several batches and to receive a storage receipt and pledge deed for each batch. 2. The holder of the pledge deed alone without the storage receipt shall have the right of pledge on the goods warehoused. 3. The holder of the storage receipt alone without the pledge deed may recover the goods warehoused; provided that he pays the debt secured by the pledge deed if such debt is due, and if not, he may recover the goods before the maturity date of the debt, and he deposits with the warehouseman a sufficient sum to pay off the debt with its interest and expenses until it falls due. This provision shall apply if the debt is due and the holder of the pledge deed fails to appear to cash it. The recovery of the goods warehoused may be restricted to one potion thereof after paying a sum that is proportionate to the value of such portion.
Interpretation and application must be checked against the official text and current version.