The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1882-05-23

mopd and the trade furtner south that
draws its grain supplies from Richmond,
the business must necessarily be largely in
creased by the facilities now offered by tho
elevator for speedy and economical unload
ing. loading, transferring, and storing OF
grain.
The machinery was set in motion for the
first time Yesterday afternoon, and, by
way OF testing its working capacity, 1900
bushels of corn were taken I'm. The trial
was satisfactory. In short time the steam
shoyels will be put in place. With them
six cars can be linloaded at q time, and all
OF them emptied within the space OF eight
minutes. The practical management OF the
elevator building Is in the hands OF Mr.. n.
Hansen, late Of Chicago.
1t is claimed that with the elevator appa-
ratus, even where storage is not desired,
cars can be unloaded and wagons loaded
for the city mills cheaper than can now be
done by hand.
RuIcs aud RcguIst tions Adopted by tho
| Board Of Directors OF the Grain and
Cotton Exchange.
/. There shall be elected by the Board OF
Directors as soon as practicable, and there
after on the first Wednesday i'm July OF
each year, a Committee on Grain, to con-
sist OF five members OF the Grain and Cot
ton Exchange, and also an Inspector OF
Grain, who shall hold Office for one year,
or until the election OF. their successors.
III. The Committee on Grain shall, az
early as practicable each year, establish the
grades OF grain. II shall also be the duty
Of the Committee on Grain to report from
time to time to the trade for adoption such
regulations as they may think necessary for
the inspection OF grain, and no change
shall be made in such regulations or in the
grades so established, except at a meeting
OF the trade to be called by the Committee
on Grain, due notice Of the changes pro-
posed being posted on the bulletin OF the
Exchange.
III. 1t shall be the duty OF the Commit
tee on Grain, subject to the approval Of the
Board OF Directors, to provide a proper
Office for the Inspector, to regulate the sal
aries, and take general charge OF the inspec-
tion-ofice. 1t shall also be the duty OF this
committee to recommend TO the Board OF
Directors one or more proper persons for
appointment to the position OF inspector.
". The inspection fees shall be fixed
from time TO time By the Board OF Direc-
tors; they shall be collected by the secre-
tary of the Exchange IN such manner as the
committee shall designate, and be paid by
him over to the treasurer to an amount not
exceeding $4,000, and the secretary shall
keep an account OF the same separate from
the other funds OF the Exchange, and the
same shall be known as the Grain lnspec-
ton Fund.
V. Salaries and other expenses connect
ed with the inspection OF grain, and claims
for damages, rs provided, shall be audited
by the Committee on Grain, and paid by the
treasurer from said "Grain Inspection
Fund.-" under direction Of the Executive
Committee, as provided in the bylaws.
VI. II shall be the duty Of the Inspector
to inspect, grade, and supervise the weights
OF all grain going into the elevator rs graded
grain, for which regular elevator receipts
are to be issued; he shall inspect and
supervise the weights OF all graded
grain delivered from the elevator.
He shall keep or cause to be kept in book
or books provided by him for that purpose
an accurate record OF the kind, grade, aud
quantity OF grain received and delivered at
the elevator. He shall furnish daily to the
secretary an exact copy OF his books show
ing the receipts and deliveries for the day
ending at =. NJ.
VII. 1t shall be the duty OF the Elevator
Company to allow the Inspector to inspect
and grade all grain intended to be graded
while going into store and on delivery
from store. But the Elevator Company, if
not satisfied with the inspection, may re-
fuse TO receive the grain, and may in all
cases Of dispute on the inspection appeal to
the Committee on Gram. Such grain may
be stored with grain OF Il similar grade re-
ceived ut the same time as near as may be
without regard to ownership. In no case
shall grain (Other than identical parcels) OF
different grades be mixed together while in
store, nor shall elevator receipts for the
grade be issued upon parcels not originally
| Inspected into store and merged in the
grade.
| VIII. Upon application Of the owner or
consgnce OF grain the Elevator Company
shall issue to the person entitled thereto an
! elevator receipt therefor, subject to The Or
| der Of the owner or cOnsignee, which re-
ceipt shall bear date corresponding with
the receipt OF grain into elevator, and
| shall state upon its face the quantity and
] inspected grade OF the grain and that the
grain mentioned in it has been received
/ into store TO be stored with grain OF the
same grade by inspection, and that 1t is de-
! liverable upon return pf the receipt pro-
perry endorsed by the person to whose or
der il was issued and the payment OF charges
for storage. All elevator receipts for grain
issued from the elevator shall he numbered
consecutiyely, and no two receipts bearing
the same number shall be issued by the
same elevator during any one year except
i'm the case OF lost or destroyed receipt, III
which case the new receipt shall bear the
same date and number as the original, and
shall be plainly marked on its face "Dupli'
cate"
TX. The following shall be the form ol
regular elevator receipt for graded grain:
REGULAR ELEVATOR RECEIPT FOR GRADED
GRAIN.
No.. Kind Of graIn.....,
s This grain is subject to Bushels ..........'
: our advertised rates Of Grsde...."..''''.'
* storage. NJ, 20
............ (Dafe). ...... Io'''
@zl Received in....... ........'..''store7.'''''
-< frOm....................
- 'Dustel
e only 10 the order hereon Of. ......,.........
and the surrender of this recelptan paymen
S IL Is hereby agreed by the hold-l
-,5 ers of this receipt that the grain
= herein mentioned may DC stored
zl with other grain Of the same
IL quality by Inspections In accord '.'.'''''''
| : ance with the rules and regula-
tions Of the Richmond Grain anu
Cotton Exchange. Loss ny he
or heating at owners risk'
, V. JJpon the delivery OF grain from tn
elevator upon any receipt, such receip
shall be plainly marked across its lace WIZ
the word cancelled" and snail thereaiie
be void and shall not again De put VI cir
culation, nor shall gram DC oeii'eieu wv ~
uDon the same receipt.