Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1899-05-03
AGRICULTURAL CREDITS.
THE REMARKABLE SYSTEM IN VOGUE
AMONG FRENCH FARMERS.

There Are Certain Products Upon Which
They May Borrow Money Proper "
Remains in the Possession of the
Owner-How Creditors Are Paid.
Advance sheet of consular reports
No.303 contains the following transla-
ton of the French agricultural war-
rants act:
Any farmer may borrow upon
the results OF his agricultural or in
dustrial products hereafter classified,
at the same time retaining possessions
of the same in his own buildings or in
those upon the ground cultivated. The
products upon which warrants may
be issued are as follows: Cereals,
either in bundles or thrashed; fodder
and dried feed; dried pharmaceutical
plants; dried vegetables; dried fruits
and seeds or roots; textile materials.
animal, or vegetable; oil seeds and
seeds for sowing; wines, elders, spirits
of alcohol of different natures; dried
exteriors of grain; cut wood, resin,
and tanbark; cheeses, honey and wax;
vegetable oils; sea salt. The agrl-
cultural warrant remains in the hands
Of the bearer of the warrant until the
sums advanced are reimbursed. The
farmer or producer is responsible for
the merchandise which remains in his
custody and care without any in
demnity whatsoever.
The farmer or cultivator, in cases
where he is not the proprietor or re-
ceiver of the income from his work,
shall, before making any loan, notify
the proprietor of the property leased
of the nature, the value and the guam
tity of produce OF merchandise which
is to form the guaranty for the loan,
also the amount of the loan to be de-
manded. Such notice should be given
to the proprietor, the person entitled
to the income, or his legal representa-
tive designated, through the offices OF
the clerk of the justice of the peace of
the canton in which the residence of
the borrower is located The notiti-
cation letter should be deposited with
the clerk, who should wise, register
and send the same under form of reg
istered letter, at the same time ac-
knowledging receipt OF the same. The
proprietor or person c titled to the in
come, or his leea' representative, in
case become due and not
paid, should within delay of twelve
full days, counting from the date of
the registered letter, make opposition
to the loan on the said products by
letter addressed to the clerk (greffier)
of the justice of the peace, which letter
should be registered.
The clerk of the justice of the
pe,ce will write on the two parts of
register with stub, specially drawn up
for this purpose, and in accordance
with the declaration of the borrower,
the nature, the quantity and value of
the products which are to serve as
guaranteeing his loan, also indicating
the amount of the loan requested. In
case'the borrower shall not be the pro-
prietor or the person entitled to the
income Of the ground worked, the
justice of the peace should, beside the
conditions above mentioned, indicate
the date the notice was sent to the
proprietor (or usufructier), the one
entitled to the income, as also the ab-
seuce of any opposition on his part
after delay of twelve full days from
the date OF the posting of the regis
tered letter. The sheet detached from