St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1882-09-02
AN ACT
No. A.

W ana three ~ OF ACT NO.
sixty-six (66), approved on the
twenty-6rst day of March, in the
year eighteen hundred and seven
ty-four, and entitled, can Act to
enable planters. farmers, mer-
chants, traders and others to
pledge and pawn cotton, sugar
and other agricultural products
to merchants, factors and others;
and to confer a pledge by the
transmission of q bill of lading or
carriers receipt by mail or by the
carrier"
Section l. Be Il enacted By the
General assembly of the State Of
Louisiana, That sections two and
three of act number sixty-six, APP
proved on the twenty-irst day of
March, in the year eighteen hun
dred and seventy-four, and entitled,
Gan act to enable planters, farmers,
merchants, traders and others TO
pledge and pawn cotton, sugar and
other agricultural products to mer-
chants, factors and others; and to
confer pledge by the transmission
of bill of lading or carriers re-
!ceipt by mail or By the carrier" be
amended and re-enacted SO as to
read as follows, viz:
Sec. 2. Be 1t further enacted, etc.,
That when any merchant, factor or
other person has advanced money,
property or supplies on cotton,
sugar, or other agricultural pro-
ducts, and the sane has been coz
signed to him by ship, steamboat,
vessel, railroad or other carrier, the
said agricultural products shall be
pledged to the consignee thereof to
secure the payment of said adj
vances from the time the bill of
lading thereof shall be put in the
mail, or put into the possession of
the carrier for transmission to the
consignee, and the right of pledge
shall be perfect, with the right of
sale of said property, which shall
be fully vested in said consignee,
with the right to appropriate the
proceeds of the sale to tue payment
of the amount due for such adj
yances as may have been made
thereon; provlded, that nothing
herein shall be SO construed as to
defeat or lessen the privileges of
the iaborers and landlords in this
State for wages and rent as now
existing by law, no: as defeating or
lessening any other valid existing
privileges or liens.
Sec. 3. BE ii further enacted, etc,
. That all merchants, factors and
others who may have a general
balance of accounts or any sum OF
money due them by any consignor
or other person sending them cot
ton, sugar or other agricultural
products for sale at the port OF New
Orleans, or az any other town OF
city in the State, for the purpose
of paying such balance of account
or sum of money due, shall have 8
pledge upon all such property con-
signed or sent TO them by ship, YES
sci, railroad or other carrier, from
the time the bill of lading or re,
ceipt thereof by the carrier is de-
posted in the mail or given to the
carrier fer transmission, which
pledge shall be perfect, with the
right of sale OF said property
which shall be fully vested III salt
consigned, with the right to appro
pirate the proceeds of sale to tn
payment of the amount due suct
consignee; provided, that ncthin:
herein shall be construed so as t.
defeat or lessen the privilege of tn
laborers and landlords in this Stat
for wages and rents as now eIlstln;
bv law, nor as defeating or lessen
ing any other valid existing PRIV
leges or liens.
r. N. OGDEN,
Speaker, House of Representatives
GEO. L. WALTON,
President pro. tenn. of the Senate
Approved June 26, 1882.
S. d. MCENERY,
Governor Of the State OF Louislant
A true copy:
WILL A. STRONG,
Secretary of State.
Are you suffering from indiges
ton? If SO ask your druggist for
bottle of SHERMaN's PRICKLY As