Hilton v Tucker (1888) Money was lent on the security of certain prints and etchings which, of course, had to be delivered to the lender (pledgee). The pledgor placed the items in a room hired from a third party and informed the lender that the third party held a key to the room ‘which I place entirely at your disposal’. However, the pledgor retained a duplicate key for the purpose of cleaning the room and listing the items, but at all times he acknowledged the lender’s superior control of the room.