Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1914-11-03

expense Of said bond to be paid by th'
state, to be approved as other bonds
for state officers.
Sec. 10. The warehouse receipt
books shall be designed by the COM
missioner and furnished the managers
of each warehouse. Receipts must be
numbered and the warehouse receiving
such books must account for each re-
ceipt. The receipts in such book may
have the Autographed or engraved sig
nature of the state warehouse commits
sioner. but the same shall be signed
with pen and ink by the manager or
the local warehouse.
Sec. IL. The manager Of any ware
house or any agent, employe or SCI :
want, who issues or aids in issuing a
receipt for cotton, knowing that sue.
cotton has not been actually placed In
the warehouse under the control or the
manager thereof, shall be punished for
each offense by Imprisonment in the
state penitentiary for period Of no
less than one nor more than five years
or by a fine of not exceeding $4,000.
Sec. II. Any manager, employee or
servant who shall issue or aid in issu-
ing a duplicate or additional receipt
for cotton, knowing that the former
receipt or any part thereof is outstand-
ing, shall be punished as in the laws
of this state provided for forgery:
Provided, The party applying for du-
plicate upon the representation that
the original has been lost or destroyed
give to the state warehouse commits
sioner an indemnifying bond in an
amount to fully cover any amount OF
loss or litigation that might result
from the issuance of the same.
Sec. 13. Any manager employe,
agent or servant who shall deliver cot
ton from a warehouse under this act
without the production of the receipt
therefor or who fails to mark such re-
ceipt Cancelled on the delivery OF the
cotton shall be punished by fine Of
not more than $4,000 or Imprisonment
for not more than five years or by both
fine and imprisonment in the discre-
tion of the court.
Sec. IA Any person who shall de-
post or attempt to deposit cotton upon
which a lien or mortgage exists, with
out notifying the manager of the ware
house. shall be punished by improson-
ment for a period Of not more than one
year and fine of not more than $1,000.
$1,000.
Sec. Is. If any particular section
of this act shall be held unconstitu-
tional, such holding shall not invali-
date any other portion thereof.
Sec. 16 1t is hereby declared that
no debt or other liability shall be Gre
ated against the state by reason OF the
lease or operation Of the warehouse
system, created by this act, except as
by this act provided. The warehouse
commissioner being specifically for
hidden to lease or take over any ware
house where the revenue derived from
same is not sufficient to pay the eX-
penses Of operation.
Sec. II. The commissioner shall in
sure and keep insured for its full value
upon the best terms obtained by in
dividual or blanket policy, all cotton on
storage. In case of loss he shall col
lect the insurance due and pay the
same ratably to those lawfully enti-
tied. The insurance policies to be in
the name Of the state and the premium
collected from the owner of the cotton,
the state to have lien on the cotton
for insurance and storage charges, the
the state.
Sec IS. To put this act into imme-
date effect, the sum Of $4,000 be and
the same is hereby appropriated to be
subject to the order Of the state ware
house commissioner. To be paid out
on a warrant drawn by the comptrol-
Ter general, accompanied by an item
lied statement from the commissioner,
showing for what and to whom the
said money is to be paid.
Sec. 10. The warehouse commits
sioner, when away from home in the
discharge of his duties, shall be paid
his actual expenses, for which there
shall be filed an itemized account, to
accompany the warrant from the comp
troller general on the state treasurer.
Sec 20. The money appropriated by
this act, and all sums collected under
it, shall be held in the state treasury
as separate fund for the purposes of
this act.
Sec. 81. All acts and parts Of acts
inconsistent with this act be, and the
same are hereby, repealed.
Sec. %. That this act shall take
effect Immediately upon approval of
tho poyernOr"