The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-10-21

that delivered on presentation
of receipts.
"C"-Moneys received and dis
bursed.
Section 8. The Commissioner
shall have the power to appoint
clerks, officers and all necessary
to carry out the pro-
visions of this Act. and fix the
salaries of same. He shall to
safeguard the interests of the
Stnte, require bonds from such
officers, clerks or employees for
the faitful performance of their
duties. He shall prescribe rules
and regulations, not inconsistent
with the intent and spirit Of this
Act, to carry same into effect.
Section 9. The person elect
ed under the first section of this
Act, shall give a bond to the
State of South Carolina in the
sum of fifty Thousand (S50.00O
dollars. to guarantee the faith
fnl performance of bis duties,
the expense of said bond to be
paid by the State, to be approx
ed as other bonds for State off,
GERS.
Section 10, The warehouse
receipt books shall be designed
by the Commissioner, and fourn
ished the managers of each
warehouse. Receipts must be
numbered, and the warehouse
receiving such book must &C.
count for each receipt. The re-
ceipts in such book may have
the Autographed or engraved
signature of the State Ware
house Commissioner, but the
same shall be signed with pen
and ink by the manager OF the
local warehouse.
Section II. The manager of
any warehouse, or any agent,
employee or servant. who issues,
or aids in issuing, a receipt for
cotton, knowing that such cot.
ton has net been actuolly placed
IN the warehouse under the con-
troll of the managers thereof,
shall be punished for each Of
fense by Imprisonment in the
State penltentiary for a period
of not less than one, or more
than five years, or by a fine not
exceeding five Thousand dollars.
Section IL. Any manager,
employee or servant who shall
issue, or aid in issuing, a dupli-
cate or additional receipt for cot
ton, knowing that the former
receipt or any part thereof is
outstanding, shall be nunishrd
as in tho laws of this State pro-
vided for forgery: Provided,
The party applying for a dupli-
cate upon the representation
tina. 5he original has been lost
or destroyed, give to the State
Warehouse Commissioners an
indemnifying bond in an amount
to fully cover any amount or loss
or litigation that might result
from the insurance of the same.
Section 13. Any manager,
employee, agent or servant who
shall deliver cotton from a ware
house under this Act, without
the production of the receipt
therefor, or who fails to mark
such receipts ''Cancelled" on the
delivery of the cotton shall be
punished by fine of not more
than five thousand ($5.000) dol
lars or Imprisonment not more
than five years, or by both fine
and Imprisonment, in the dis
cretion of the Coura.
Section IA. Any person. who
shall deposit or attempt to de-
posit or attempt to deposit cot
ton upon which a lien or mort.
gage exists, without notifying
the manager Of the warehouse,
shall be punished by a fine and
imprisonment for q period not
more than one one year. and a
fine not more than one thousand
(Sl. .00V dollars.
Rection IS. If any particular
section of this Act shall be held
unconstitutional, such holding
shall not invalidate any other
portion thereof.
Section 16. It is hereby de.
clared that no debt or other liza.
bility shall be created against
the State by reason of the lease
or operation of the Warehouse
System created by this Act, ex-
cept as by this Act provided; the
Warehouse Commissioner being
specifically forbidden to lease or
take over any warehouse where
the revenue derived from same
is not sufficient to pay the e1-
pense of operation.
Section II. The Commission.
er shall insure, and shall keep
insured for it's full value, upon
the best terms obtainable, by in.
dividual or blanket policy, all
cotton on storage. In case of
loss he shall collect the insur-
ance due and pay the same
to those lawfully en-
titled. The insurance policies to
be in the name of the State, and
the premium collected from the
ounor of tho cotton tho State