When a marshal with an execution levies upon any of the personal property mentioned in paragraph (3) of section 256 of this title, and if the same is not delivered, paid, or transferred to him at the time, and the garnishee furnishes him the certificate required in section 265 of this title, he shall proceed thereafter in reference to such property as provided in section 480 of this title. Such property may be delivered, paid, or transferred to the marshal at the time of levy or sufficient thereof to satisfy the execution and the marshal's receipt to the person, association, or corporation, as the case may be, shall be a sufficient discharge therefor.