In cases of delay on account of the fault of the carrier, referred to in the foregoing sections, the consignee may leave the goods transported in the hands of the carrier, informing him thereof in writing before the arrival thereof at the point of destination.
When this abandonment occurs, the carrier shall satisfy the total value of the goods, as if they had been lost or mislaid.
Should the abandonment not occur the indemnity for loss and damages on account of the delays cannot exceed the current price of the goods transported on the day and at the place where the delivery was to have been made. The same provision shall be observed in the cases where this indemnity is due.
History —Commerce Code, 1932, § 289.