101. Meaning of 'bailment'.

Under modern law1, a bailment arises whenever one person (the bailee) is voluntarily in possession of goods belonging to another person (the bailor)2. The legal relationship of bailor and bailee can exist independently of any contract, and is created by the voluntary taking into custody of goods which are the property of another, as in cases of sub-bailment or of bailment by finding3. The element common to all types of bailment is the imposition of an obligation, because the taking of possession in the circumstances involves an assumption of responsibility for the safe keeping of the goods4. A claim