II. Where Pledges are Deposited and afterwards Stolen.
Where anyone deposits a pledge with another, as security for a debt, and it should be stolen, he who deposited it shall bear the loss.
ANCIENT LAW.
III. Where Articles are Pledged as Security for Debts.
If a pledge is deposited as security for a debt, and the debt be evidenced by an instrument in writing, and he who deposited the pledge should not pay the debt at the appointed time, the pledge shall be kept safely for its owner for the space of ten days, or it shall be carried to him, if he is at hand, and he shall be notified to make payment. But if the debtor should, through negligence, fail to come on the appointed day, or should put off the payment of the debt, additional interest may be collected. But if the ten days have elapsed, as has been hereinbefore stated, and the debtor should not discharge his obligation, the creditor may bring the article pledged before the judge, or the governor of the city, and shall have the right to collect, after the seizure of said pledge, whatever amount may be deemed equitable, in the opinion of the judge or in that of three respectable persons. The creditor can afterwards reserve whatever is due him from the proceeds of the sale of the property pledged, and the owner of the same shall be entitled to the remainder.
FLAVIUS RECESVINTUS, KING.
IV. Where a Pledge is not Restored when the Debt is Paid.
If anyone who has loaned money upon a pledge and, after the debt has been paid at the time appointed, should delay the restoration of the property pledged to its owner; or should sell the same before the time appointed by law, as aforesaid; or should appropriate it for his own use; or should bestow it upon another; or should maliciously refuse to surrender it; he shall be compelled to restore the pledge intact to its owner, and to pay him, in addition, half its estimated value.[31] ]——-File:
FLAVIUS CHINTASVINTUS, KING.
V. Where a Person is Liable for many Debts, or has Committed many Crimes.