Art.  2094.  All  movables,  which  are  within  commerce,  may be  pledged,  provided  they  are  susceptible  of  possession. (1864)
 
Art.  2095.   Incorporeal   rights,  evidenced   by  negotiable instruments,   bills   of   lading,   shares   of   stock,   bonds, warehouse  receipts  and  similar  documents  may  also  be pledged. The instrument proving the right pledged shall be delivered   to   the   creditor,   and   if   negotiable,   must   be indorsed. (n)
 

SUBJECT MATTER OF PLEDGE

     Confined and limited to personal property and it cannot be extended to real property
     Incorporeal   rights   evidenced   by   documents   whether negotiable or not may also be pledged