A buyer in the ordinary course of business of fungible goods sold and delivered by a warehouseman who is also in the business of buying and selling such goods takes free of any claim under a warehouse receipt even though it has been duly negotiated.
Title under warehouse receipt defeated in certain cases
11A V.I.C. § 7-205 — under Warehouse Receipts, Bills of Lading and Other Documents of Title.
11A V.I.C. § 7-205