721. Position of carrier who receives notice of stoppage in transit.

As the right of stoppage in transit enables an unpaid seller whose buyer is insolvent to exercise some control over goods in which he has no property and of which he has no possession, while in the hands of a carrier with whom he has no contract, and to prevent that carrier from performing a contract to which the unpaid seller is not a party, there has been considerable difficulty in fitting in this right, derived from the custom of merchants, with the rules of common law1. Where notice of stoppage has been given, certain legal consequences are now