forwarding merchant

1 definition found

forwarding merchant - Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  FORWARDING MERCHANT, contracts. A person who receives and forwards goods, 
  taking upon himself the expenses of transportation, for which he receives a 
  compensation from the owners, but who has no concern in the vessels or 
  wagons by which they are transported, and no interest in the freight. Such 
  an one is Dot deemed a common carrier, but a mere warehouseman or agent. 12 
  Johns. 232; 7 Cowen's R. 497. He is required to use only ordinary diligence 
  in sending the property by responsible persons. 2 Cowen's R. 593.