Dispositions by Mercantile Agents Dispositions by Mercantile Agents 2Powers of mercantile agent with respect to disposition of goods. 3Effect of pledges of documents of title. 4Pledge for antecedent debt. 5Rights acquired by exchange of goods or documents. 6Agreements through clerks, &c. 7Provisions as to consignors and consignees. Dispositions by Mercantile Agents