New-York daily tribune., 1858-03-05

The annexed petition 10 the Legislature is receiving
the signatures OF large number of our merchants:
York in Legislature ta,esbeG
The undersigned, merchants and warehousemen OF
the Cities of Ne~.YoIk and Brooklyn, having noticed
that bill is now pending IN the Senate e en,itleu
" An act to prevent the issue of false receipts,
and 10 punish fraudulent transfers OF property Nc.,
believe this to be good opportunity to incorporate IN
SAID bill provisions for the negotabty OF warehouse
receipts and for making the charges and advances
lien on the merchandise specified therein, IN accOrd'
ance with similar provisions III the act entitled An
aft TO ipcorpprate the New-York Warehouse Com
pany" passed April s, 1857.
They therefore submit to your consideration, and
respectfully ask the passage of the following OIL, II.
order that all may participate in the benefits now con-
hned exclusively to said Warehouse Company;
NJ ACI the issue Of false receipts " plnn raau
others, and to provide or the negoabty Of warehouse
ceps ard the security OF wsrehouseInen for their charges
sEoTtos No werehousemsp. whains,r other person,
shall issue any receipt or other youce iof any goods wsre.
psr.ons pur porting be the thereof,
commodity ss have been actually into by such
warshousmsn whangeror other and shall he in store
SIC No wsnhouseman, wharfnger, other person shall
ss t1 Is5 produce Eoa s1E | e
security for any money loaned or other Indebtedness
une such goods merchandise grain other produce or
commodity, shaa be- at th time of issuing such receipt the
property Of such wahousemap warhnger other person
such rrc,ipt or other voucher a. soressd
SIC No warehouseman whsItneer other shall
n Sef 'p produce Or con modify White any former receipt
for such goods merchandise grain other produce
commodity Aforesaid part thereof shall be ousand
ing and Unc3nceled.
SIC T. Warehouse receipts given for any goods wares
cbsndse gsn produce other commodity stored or deposited
with any wsrehousemsn whahnger other person. may BE-
the same may be
the the goods and merhandse therein specific
give validity 10 pledge lien transfer made
crested BY such person persons. bn no property shall be de-
cep the ndorsemon Of such delivery thereon Of
tisl delivery All warehouse receipts, however which shall
have the words not negotiable plainly written stamped Oh
tiOn.
Sgc All charges and expenses incurred for labor other
by stored with warehousenan whanger other per-
together with such advances be made by him
them with interest and commission atthe usual and
expressed the warehouse receipt shall be- lien
ad mrrcbende aud In tn, shs BE- and
unpaid goods unclaimed the said goods
thereof be sufficient 10 satisfy the anount
place OF such sale being giveD, by pbcson
least two of tine daily newspapers printed IN the town city
whore snch merchandise or pro petty is stored.
SIC Any ~sehouseusn, whsrnger other person VINO
shall lake embe ze 10 his make
WITH ecree with intent 70 take embezZe convert 70 h
property goods merchandise. delivered
to said wsrehoufena wharfage Other In under
their possession custody control with intent 20 defsud
other shall violate Of the
visions this shall be deemed guilty Of fraud and upon in
conviction shall b, exceeding
imprisoned of the State Prisons
five and ell
Ii.yed violation proyons ths
violating the provisions of this
ali Gamags sdise which be they
have sustained by OF such violation aforesaid BE-
court Of competent jurisdiction, Wesr such
not.
This shalt go into effect the n day fMsy 1884,