Daily Yellowstone journal., 1889-01-04
A REGULATOR.

The following extract from the rule
of the Chicago Live Stock exchange
adopted on the 18th, ult., will probab
ly be OF interest TO Custer county stUcl
men and shippers.
SECTION. /. ecommissior for sci
ling live stock shall not be less thai
tue following rates.
SEC. .. Six dollars per carload foI
.ingle-deck carloads Of hogs aud sheer
aud tel dollars per carload for double
deck carloads OF the same; provided
they arrive at these yards in double
deck cars.
SEC. 8. Fifty cents per head fol
cattle OF all ages; provided. such com
mission shall not exceed twelve dol
lars per carload; and, provided further,
that cows with sucking calves. when
sold together by the head, shall he
counted as one animal.
SEC. 4. Six dollars per carload fol
cars loaded with different species Of
live stock, unless such cars contain q
number Of cattle which, at fifty cents
per head, would make the commissions
on the entire carload exceed six dol.
lars; In which event the commission
for such entire carload Of stock, shall
be not less than fifty cents per head
for each and every head of cattle.
therein contained.
SEC. s. The granting Of rebates, or
the dividing of commit ssions with any
consignor, except commission mer-
chsuts. or with regular buyers. for
stock bought at and shipped from
Kansas City, st. Louis and st. Jo-
seph. NO., st. Paul. Mimi. Milwau-
kee, Wis.,, Omaha, Neb., Sioux City,
Iowa, Peoria and Chicago, ILL.,, shall
be deemed . violation OF this rule.
SEC. o. There shall be no agents
employed except upon . stipulsted
salary, which shall not be contingent
upon commissions earned. 1t shall be
the duty Of members Of the exchange
to file with its secretary the names Of
their travelling agents, and any firm
employing IN agent upon q contin-
gent salary shall be deemed guilty Of
violating this rule. No firm shall em.
ploy an agent to solicit cossignments
Of stock, except as a bona fide travel
ing agent, and shall not employ any
party TO solicit consi gnments at or
near his place Of residence only. or
local to his own neighborhood, or TO
secure bis or his employers individual
trade. Ii shall not be a violation of
this rule to employ o resident agent in
any Of the established live stock mar
kets enumerated in section 5 OF this
rule.
SEC. 7. Any member OF this ex-
change. or firm in which he may be n
partner, violating any Of the provis-
10. Of this rule shall be fined o LEES
than $500. nor more than 81, 900, for
the first %offenso, and II said fine is not
paid within three days. said firm shall
De suspended from membership until
same 10 paid. For = second ofiense
they shall be expellhd from member
ship In the exchange.
SEC. s. The exchange shall pay =
reward Of $500 to any party or parties
furnishing sufficient evidence to con-
vict any member OF = violation OF any
of the provisions OF this rule, and said
fn shall be paid Immediately after
such conviction.
SEC. o. The directors shall ,eyy a
special assessment Of $500 pro rata on
each commission firm selling live
stock in this market. who are mem
bers OF the exchange, for the purpose
OF carrying into effect the provisions
Of section s OF this rule, and they shall
continue TO levy such special assess
ments In such amounts ss will keep a
fund Of $500 constantly ON hand for
that purpose, aud said fund shall be
kept ~ . special fund, and shall not be
used for any other purpose.
SEC. 10. Each firm represented In
this exchange shall be held RESPONSE
BILE for any violations OF this rule by
any party doing any portion Of . com.
mission business In their name; and
any penalty imposed for violation Of
the foregoing shall be imposed upon
such party; and II not paid BY him
within three days, the frm doing
said business shall either pay suoh
penalty or sever their business connso'
ton with such party within ten days