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Other trust receipts forms[1] center doc

legal > Forms


Other Trust Receipts forms. Drawn against letter of credit. Due in _________[Date]. Bailee Receipt Received from the _________ bank of _________ bill of lading and invoices for _________ cases [_________ pounds] ostrich feathers, and we hereby undertake to sell the property therein specified, for account of the said bank, and to collect the proceeds of the sales thereof, and to deposit the same immediately on receipt thereof in the said bank at _________ to the credit of _________ thereby acknowledging ourselves to be bailee of the said property for the said bank. The bank may at any time cancel this bailment of trust, and, in such event, we hereby undertake and agree to return all unsold goods at once on demand, or to pay the value of the said goods at the bank's option. Dated at _________ on _________[Date].
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1/24/2008
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