BAILMENT FOR HIRE
\bˈe͡ɪlmənt fɔː hˈa͡ɪ͡ə], \bˈeɪlmənt fɔː hˈaɪə], \b_ˈeɪ_l_m_ə_n_t f_ɔː h_ˈaɪə]\
Definitions of BAILMENT FOR HIRE
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contract in which the bailor agrees to pay an adequate recompense for the safe-keeping of the thing intrusted to the custody of the bailee, and the bailee agrees to keep it and restore it on the request of the bailor, in the same condition substantially as he received it, excepting injury or loss from causes for which he is not responsible. Arent v. Squire, 1 Daly (N. Y.) 350.
By Henry Campbell Black