Rotatable and transferable stanchion assembly having a releasable lock

A rotatable and transferable stanchion assembly comprising:

• an elongate body having an upper end portion adapted to receive and secure thereto an accessory, and a lower end portion;
• a cap mounted on the lower end portion of the body and having a lower portion with an outer external surface;
• a location plate adapted to be fastened to a flat surface, said plate having a socket formed therein shaped for receiving the lower portion of the cap;
• cap securing means for securing the cap to the location plate in such a position that the lower portion of the cap is disposed within the socket of the location plate, said body and cap being adapted to rotate relative to said location plate;
• and
• locking means for rotatably locking the elongate body and cap in place with respect to the location plate at a desired angle of rotation, said locking means comprising engaging means associated with the location plate for securely engaging said cap to prevent the relative rotation of cap and body with respect to the location plate;
• said engaging means comprising a locking plate pivotally connected to said location plate for engaging said cap.