The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-02-11
THE BOARD OF TRADE BtLL.
A Fuller Synopsis of Its Provisions.


This bill, offered in tho House of Representa-.
tives on Wednesday last, has been the subject Of
the Investigations Of DEMOCRAT representa-
tive, the result of which will be found in another
column. The following Ia fuller synopsis Of its
provisions than given at first
| BILL TO INCORPORATE THE BOARD or TRADE
| OF REV ORLEANS.
Section |. Gives tho names Of one hundred and
| eight merchants land others now constituting
tho Merchants Exchange OF New Orleans" as
| the inCorporators.
Soc. 2. Authorizes tho board to make It's own
| rules, regulations and bylaws.
| Boz. 5. Provides for tho officers OF the board
| Bee. 4. That tho corporation shall DO empow-
| cred to establish and maintain just and correct
standards Of The qusity and quantity Of -four,
gram, hay provisions, groceries and liquors, etc
cotton excepted. 10 establish Bureau of Sta
tisics OF the commerce ofNow Orleans, aud make
/ complete annual reports. 70 establish and main
tain informant n of commercial usage. 10 correct
abuses. aud promote just aud equitable principles
of trade.
| SEQ. s. The board to have power to constituts
and api oiut committees of r. ference and nrbtrn-
| ton and committees Of appeals. The cha rman Of
either OF said 'nnistses. WI on sitting. to be au-
thori1ed to administer oaths TO parties and wit
| nesses, and have power to compel attendance.
Final awards In voluntarily submitted cases,
| in writing, by members or persons not members
where no appeal has boon made in due time, are
to be fill d with any Justice OF the Peace or Clerk
OF Court, in New Orleans, having Jurisdiction OF
| the mount In dispute, nre to BIO homo LOCATED rs
| n confession Of judgment, and execution may
| tsaue on such awards. and may BIO entered in the
| Office Of the Recorder Of Mortgages, and shall
| Tia operate as Judicial mortgage in the same
| manner ~ the recording Of Judgments regularly
obtained under existing laws.
Soc. g. The Board is TO be empowered to ap-
point Inspectors of flour, gram hay provi ioDs
d pR pF fyuI pfIpi,
~ are commonly dealt In by tho members OF said
corporation" The certificate of said inspectors
"a 10 the quality, grads or quantity Of articles,
'or their b and or mark upon It chs DO evidence
between buyer aud seller Of the quality, grade or
quantity OF tho same, aud shalI 10 binding upon
B parties int tesed." TheHo inspectors siall
DO In lieu of Tho officials now app yintod by Tho
Governor of Tho State.
Sec. 7. Pork and beef inspection to be made
by the boards inspectors according to rules to be-
adopted, and for such inspection the board shall
be entitled TO receiv5 ices 10 be prescrlbgd by ts
rules and regulations aaid fee4 net TO exceed The
fees now customary and authorized by law
Provided, that Il hh4ll DO lawful 10 sell or ship
pork and beef with or without inspection, unless
demanded by the purchaser, aud then it shall be
inspected by Tho inspectors Of the Board OF
Trade, Mt the expense or the purchaser.
Bee. g. Makes il unlawful TO soil hay In tho city
and port Of Ne. Orl ans until 1t shnll have bsen
enee inspected by the inspectors OF the board.
Rules for examination. weighing. classifying and
q.
The party requesting inspection shall pay sig
cents per bHle inspt Cted
300. o. tits made unlawful 10 sell my grain in |
this city port until IL shall have been inspect
cd by the inspectors o. the board. Rules % be |
p ovided for. Inspection shall be made either |
on the leyee, warehouse or elevator, as the |
owner or receiver may elect. Drain sold from |
warehouse or elevator, after having been store |
over thirty days, the Parebaser msy demand q
roinspBction. insnection to eenei.t, ia either |
Cage of an examination n to Houndness OF con. |
ditiDn or Of elassiicai oo, or both, as may be- re-
CURED. The board to receive for such inepGe-
ton: For fret inspection of grain In sack, one
half cent per sacB, tor grain in bulk one dollar
per thousand bushels; to bs paid by the owner or
receiver. For each reinspeGtnn, one.half cent
per sack, and for grain in bulk. fifty cents per
thousand bnsbe)e, TO be paid by the seller.
Sec. 10. All Il Jur must be inspected cost not |.
to exceed two cents per bnrrol, whether branded
or not. at tho expense of the owner or receiver.
II shall not be lawful to sell flour which has not
bern branded by The Board OF Trade. For grad.
sellers of flour, two cents extra by tho party
calling for the inspection.
The inspection Of -four shall not be for the pur-
pose Of classification and grading. but TO aseer.
tain its purity and soundness and il of lawful
weight. If the -four 10 of legal ght, sound,
pure wheat flour, 1t shall be branded II not, it
shall not be bran ed ut all, except 80 mentioned
above, when called upon TO do 80 by the
buyer or seller, when It shall be classified
Sec. II. No other person shall have the right 10
inFpect -four, etc, the inspection Of which il pro-
vded herstn. In case the inspec ors are pre-
vented from inspecting. the board shall neverthe-
less be entitled to collect the fees 40 though in-
spocion b I'd been made which foes shall be re-
coytrebe by suit at law.
Bee. IL Appeals from decisions Of inspectors
g'ugers or weighers Of tho board can be mad to .
The reference com ittee Of the board. the deci- ,
sion of his committee to be fioal.
Zee. Is. That whenever tho purchaser Of any
article of grain, provisions. groceries, liquors. or
} her articles, commodity dealt III by the u en-.
DO Of this corp0rati0D ahall demand tue certl- =
icate OF n weighcr, inspector, ETC.; the wegher,
inspector, ETC., shall render oficit certificate
u accordance with tho rules of tho board, and !
such certificate shall be binding on | par los :
The bonrd sh I'll be eUtilled to collect
'uch fees as shall be prescribed by it's rul 3, but
II no ease TO exceed tho present customary rates. =
Aud no person other than the Board Of Trade I
seigher, inspector or gauger shall be allowed d
% perform the duties Of weigher, imp ctor or
,aug r IN aud for tho city and port OF New Or
cans. And that all inspfctlOn, weighing aud I
,anginR OF provisions, groc ries, liquors, sugars, +
nolasses aud other articles Of produce, except ,
ng cotton in the city and port of New Orleans, G
hall be perftrm only upon the request OF the a
'uyer or seller, and shall not be compulsory"
Sec. d. Provides for bonds t. be furnished by {
he officers OF the board. The President or Sec. s
etary shall be author zed to administer oaths TO t
ts oflicers 4
Dec. Is. Provides that it shall be unlawful to +
eface, erase destroy the brands and marks OF {
ts officers on all artic es inspected, etc. a
Sec. 16. Z peas sll laws in conf ct with the
rovisions Of this bill.
COMMISSIONED. :