Bismarck daily tribune., 1903-07-24
LICENSES OF COMMISSION MER-
CHANTS.
Oh. b. No. 223-Movius.)

CHANTS.
(H b. No. 223-Movius)
An Act to Amend Sections 1873, 1899. 174l
and 1743a, Relating to Licenses OF Com
mission Merchants.
Be 1t enacted, etc.:
Section L. That section 173S Of the
political code Of the state Of North Da-
kota be and it is hereby amended 50
as to read as follows:
Sec. 1885, 1t shall be unlawful for
any commission merchant or other
factor to receive any wheat. fax or
other grain, or butter. cheese or other
dairy or creamery product. in this state
to be sold for other persons or to have
any agent or correspondent in this
state receiving or soliciting any con-
sigment or deposit of grain or cream
cry or dairy product to be sold or for
warded for sale here or elsewhere.
without being licensed and authorized
so to do as hereinafter prescribed.
Sec. 2. That section 1879 of the po-
litical code OF the state of North Da
kOta be and it is amended to read rs
follows:
Sec. 1889. To obtain such license. a
the secretary Of state giving the name
OF the person. firm or corporation max
ing application therefor. and the place
at which said person, firm or corpora
tion has its headquarters or principal
place of business and pOstoffice ad-
dress. There must also be filed and
deposited in the Office OF the secretary
of state, subject to his approval. a
good and sufficient bond in a penal
sum not less than ten thousand dol
lars, nominally payable to the state of
North Dakota, executed by the appi-
cant and at least one surety having
the qualification of a fidelity insurance
company authorized to do business as
such in this state and containing a
condition to the effect that the person,
firm or corporation named as principal
therein shall we'll and truly pay and
discharge any and all liability which
said principal shall incur to consignors
within this state in or on account of
any disposition that shall be made of
any and all grain. creamery or dairy
product or the proceeds thereof or of
either, received by such principal
wherever the same shall be received
Sec. 3. That section 1141 of the po-
litical code of the state of North Da-
kota be and the same is hereby
amended so as to read as follows:
Sec. 1741. When the requirements OF
section 114O are complied with and the
secretary of state finds the bond and
the surety thereon sufficient, he shall
approve the same and issue to the ap-
plicant a certificate to the effect that
having complied with the law, such
applicant is duly authorized by agent
or otherwise, to procure and receive
cOnsignments of grain and creamery
products from owners and shippers in
this state. to be sold or disposed of for
the cOnsignors in the usual course o1
trade. Such certificate shall continue
in force until revoked by the secretary
of state, because the surety on said
bonds has given notice of withdrawal
therefrOm or become insufficient and
no new surety with the requisite quail
ificatiOns has been substituted, or fol
other sufficient cause
Sec. 4. That section 1743a of the
political code of the state of North
Dakota be and the same is hereby
amended so as to read as follows:
Sec 1743a. Every person who shall
solicit or procure within this state any
consignment or deposit Of wheat fax
or other grain, or of butter, cheese OF