New York Laws
Article 9 - Bills of Lading, Warehouse Receipts, Other Receipts and Vouchers
95 - Bill of Lading or Receipt Issued by Warehouseman Must Be Canceled on Redelivery of the Property.

§ 95. Bill of lading or receipt issued by warehouseman must be
canceled on redelivery of the property. A person mentioned in section
ninety, who delivers to another any merchandise for which a bill of
lading, receipt or voucher has been issued, unless such bill of lading,
receipt or voucher bears upon its face the words, "not negotiable,"
plainly written or stamped, or unless such receipt is surrendered to be
canceled at the time of such delivery or a bond, undertaking, letter of
guarantee or indemnity is given in lieu thereof at the time of such
delivery, or unless, in case of a partial delivery, a memorandum thereof
is endorsed upon such bill of lading, receipt or voucher, is guilty of a
misdemeanor.

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