(1) Where the owner of goods has given possession of the goods to another person for the purpose of consignment or sale or has shipped the goods in the name of another person and the consignee of the goods has not had notice that such person is not the owner of the goods the consignee shall in respect of advances made to or for the use of such person have the same lien on the goods as if such person was the owner of the goods and may transfer any such lien to another person.
(2) The person in whose name any goods have been shipped shall for the purposes of this section be taken to have been given possession of the goods for the purpose of consignment or sale unless the contrary is shown.
(3) Nothing in this section shall limit or affect the validity of any sale pledge or disposition by a mercantile agent.
No. 3694 s. 65.