72d CONGRESS. SESS. II. CH. 12 8. FEBRUARY 27. 1933 . 1229 GRATUITOUS D EPOS IT Gratuitous deposit SEC . 720 . GRAIUI JOUS DEPOSIT, wHAT .--Gratuitous deposit as' a DoSnition . d epo sit for whic h the d epos itar y re cei ves no c onsi dera tio n be yond the mere possessi on of the thing d eposited . CROSS Ra rsaExca Degree of care necessary, see section 722 . SEC . 721 . NATURE OF INVO LUNTAR Y DEPOSrr .--An involuntary a etf d epo sit is g ratu itou s, the depo sita ry b eing ent itl ed to no rew ard . CrossREFERlclvoE Involuntary deposit, defined, see section 701.
Ante, p .1228. SEC. 722 . DEGeFF CF CARE REQIIIREIJ OF GRATUITOUS DEPOS ITARY . -A Degree of care, gre gratuitous depositary must use, at least, slight care for the preserva- tion of the thi ng d epos ited . SEC. 723 . His DUTIES CEASE, wHEN .The duties of a gratuitous
duties cu e . depositary cease 1. Upon his restoring the thing deposited to its owner ; or, 2 . Upo n his giving re ason abl e no tice to the own er to re move it, and the owner failing to do so within a reasonable time . But an invo lun tary dep osit ary, un der subd ivis ion two of sect ion 701 , can A+ de, p. 1228. not give such notice until the emergency which gave rise to the depo sit is past . STORAGE
Storage. SEC . 724 . DEPOSIT FOR EIRE .-A dep os it not gratuitous is called Deposit for hire . storage . The de posi tary in such cas e is ca lled a d epos itar y for hire . Cro ss R EFE RSR CES Hiring, in general, see section 824.
Poet, p.1245 . Warehousemen, see sections 731 et seq .
Pte, p .1130, SEC . 725 . DEG REE OF CARE R EQUI RED OF DEPOSITARY FCR EnaE .-A p~D ffo~trim de- depositary for hire must use at least ordinary care for the preser- vation of the thing deposited . r So in original . Involun . S EC. 726. RATE OF COMPENSATION FOR FRACTION OF WEE K, ETC.-In Compensation for fraction of week, etc. the abs en ce of a different agreement or usage, a depositary for hire is entitled to one week's hire for the sustenance and shelter of living ani mals dur ing any fra ctio n of a week , and to ha lf a mon th's hir e for the sto rage of any oth er p rope rty dur ing any frac tion of a h alf- month . SEC . 72 7. TERMINATION OF DEPOSIT .-In the absence of an agree- Termination of cle- men t as to the len gth of t ime duri ng which a depo sit is to co nti nue, 1„t it may be terminated by the depositor at any time, and by the de ositary upon reasonable notice . EC. 728 . SAME .-Notwithstanding an agreement respecting the length of time during which a deposit is to continue, it may be terminated by the depositor on paying all that would become due to the depositary in case of the deposit so continuing . Cro ss RErEesEcEs Care required of a hirer, see section 827 . Poet, ). 1245. Comm on carriers, see se ctions 891, 897, an d 975 . Pose, pp. 1253, 1257. Liability of warehousemen, see sections 901 and 902 . Peal, p . 1254.
