The Monticellonian., 1906-06-21
WAREHOUSE INFORMATION.
President Calvin Sends Out Commu.
 nloatlon to Mer1hrrshin

nication to Membership.
 Along with a most encouraging and inspiring letter dealing with the ware mousse situation in Texas, President l.. A. Calvin furnishes the union mem. bership the following information: Law Governign Bonded Warehouses.
 l. A certificate shall be procured rom the county clerk, stating that the person or corporation is transact Ing business as d public warehouse man under the laws of the State Of Texas.
 Such certificate will be issued upon written application, setting forth the location and name of the warehouse. ana the name of the President, Secre- tary and Treasurer of such corpora tloh. The person receiving the certff- lcate shall hle with the county clerk S5,000 bond payable to the State of Texas.
 2 Receipts shall be issued for property stored; if cotton, it shall state whether or not 1t Is exposed to the weather or under shelter.
 $. No receipt shall be issued ex- eept for cotton actually delivered in to the warehouse.
 4. Cotton shall be delivered only upon surrender of receipt.
 5. No limitations of liability shall be written in the receipt, except the words, Not accountable for leakage or depreciation" or words to that ef- feet.
 6. Receipts shall be negotiable and transferable by indorsement in blank or by special indorsement. Provided that their negotiability may be de stroyed by writing or stamping the words Not negotiable" across the face of the receipt.
 '. The penalty for violation of the law is fine in any sum not exceed ing $5,000. imprisonment in the peni- tentiary not exceeding two years. or both fine and Imprisonment.
 Esti& ated Cost of Construction.
 No. 1. Warehouse, 6Ox10O feet. To- foot walls, 6,000 square feet floor space. capacity 1.10O bales double decked. sS91.25.
 Details are as follows. Brick foundations ..........s 6O6A Luluper .'............ ...... 350.00 Hardware and nails ....... 5000 Corrugated painted iron ..... 2Sf.25 Labor Constructing same .... 14O.O0 Fatal ............... ..... $S91.25 II of galvanized iron, add .... 1000
 Iota. ......... ........... $961.25
 No. 2, 100xi00 feet, 10-foot walls. with 10000 square feet floor space, capacity 1,600 bcles double decked. s1,55O.
 No. 3, 10ox200 feet, 10-foot walls. with 10000 square feet floor space, ca pacity 5000 bales, $3,000.
 These estimates can be changed to suit, making such additions or de auctions as may be necessary.
 The following is the rate of insur- snce on iron-elad warehouses:
 Basis of rate, per s100, $4
 The following credits will be all lowed
 l. For floors of earth, shell. ce- ment or other non-eombustible mater. ial Poo.
 2, For one and one-half inch stan dard hydrant outside. and within fifty feet, supplied by a six-inch main of an efficient system of public water works. 25c.
 3. For two two and one-half inch hydrants within fifty feet, supplied as above. soc.
 1. Where hydrants, hose and water are not standard size, one-half of the above credits will be allowed. provd- ed that no credit shall be given for water mains less than four inches, or hydrants or hose of less than two inches in diameter.
 5. For watchman and approved watch clock, soc.
 G. If for each 1000 bales or frac- ton thereof the warehouse is supplied with ten barrels and twenty galvan- ized iron buckets. all kept filled with water, deduct 75c.
 No credit will be allowed for less than ten barrels and twenty buckets in any warehouse where cotton is stored.