Page:United States Statutes at Large Volume 76A.djvu/555

–459– -459§ 1344. Value of written instruments stolen If the thing stolen consists of any evidence of debt or other written instrument, me amount of money due thereupon, or secured to be paid thereby, and remaining unsatisfied, or which in any contingency mi^ht be collected thereon, or the value of the property the title to which is shown thereby, or the sum which might be recovered in the absence thereof, is the value of the thing stolen. , •«> §1345. Value of passage tickets ' If the thing stolen is a ticket, paper, or other writing entitling or purporting to entitle the holder or proprietor thereof to a passage upon a railroad, vessel, or other public conveyance, the price at which a ticket entitling a person to a like passage is usually sold by the proprietor of the conveyance is the value of the ticket, paper, or writing. § 1346. Written instruments completed but not delivered This subchapter applies where the property taken is an instrument for the payment of money, evidence of debt, public security or passage ticket, completed or ready to be issued or delivered, although the same has never been issued or delivered by the makers thereof to any person as a purchaser or owner, or having other interests therein. § 1347. Larceny with respect to mortgaged or pledged personal property Whoever, after mortgaging personal property, or after pledging personal property as security for a loan or other security, during the existence of the mortgage or pledge, and with intent to defraud the mortgagee or pledgee, as the case may be, or the representatives or assigns of either: (1) takes, drives or carries away, or otherwise removes, or permits the taking, driving or carrying away, or other removal of, the mortgaged or pledged property, or any part thereof, from the Canal Zone, without the written consent of the mortgagee or pledgee; (2) sells, transfers, or in any manner further incumbers the mortgaged property, or any part thereof, unless, at or before the time of mating the sale, transfer, or incumbrance, he informs the: (A) person to whom the sale, transfer, or incumbrance is made of the existence of the prior mortgage; and (B) prior mortgagee of the intended sale, transfer, or incumbrance, in writing, by giving the name and place of residence ^ of the person to whom the sale, transfer, or incumbrance is to il,,:;: be made; (3) sells, or transfers the pledged property, or any part thereof, without the written consent of the pledgee; or (4) otherwise disposes of the mortgaged or pledged property, or any part thereof, without the written consent of the mortgagee or pledgee, as the case may be— is guilty of larceny, and shall be punished accordingly. § 1348. Severing and removing parts of realty Where the thing taken is a fixture or part of the realty and is severed at the time of taking, this subchapter applies in the same manner as if the thing had been severed by another person at a previous time. § 1349. Removal of improvements from mortgaged real property Whoever, after mortgaging real property, during the existence of the mortgage, or after the mortgaged property has been sold under an order and decree of foreclosure, with the intent to defraud or injure

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