Gilpin observer., 1914-10-22

The authority for submitting such
of the Constitution of the State of
Colorado, providing for the Initiative
and Referendum.
House Bill No 1876. Laws of 1918.
By Messrs Hawkins and p. B. Gates
AN ACT TO DEFINE COMMISSION
MERCHANTS: PROVIDE FOR Ii
CENSING AND BONDING COMMITS
SION MERCHANTS: REGULATE
THE BUSINESS OF COMMISSION
MERCHANTS: AND PROVIDE FOR
VIOLATION THEREOF.
Be 1t Enacted bp the General Assembly of
the State of Colorado:
Section l. Any person. firm or cor
pcration pursuing or who shall pursue
the. business of selling farm. dairy.
stock). of any kind upon consignment
for commission shall be deemed to
be commission merchant within the
this definition shall not be construed
tc include any PETAL dealer who re-
ceives goods from producers to be sold.
no commission is charged or collected.
Section q 1t shall be unlawful for
any, such commission merchant to do
business as such, in the State of Colo
RADIO without first obtaining a license
from the Secretary of State to conduct
ana carry on the business OF commits
Section ). Such commission mer-
chant shall make application in writing
under oath to the Secretary of State.
the full name of all the partners II a
partnership. and the date OF incorpora-
tion. the names of its officers and di :.
rectors. the state where Incorporated
and the amount of the capital stock
actually paid in II a corporation. stat
ing the name of the city or town where
hn Int n
giving the street and number of the
building u practicable. and the char
acter Of the produce for which IL
The applicant shall also deliver to the
Secretary of State the bond hereinaf-
ter required. together with a fee of
Lond and receipt of the filing fee. the
Secretary of state shall issue to said
applicant "A license to carry on the
business of commission merchant until
the 3lst day of December of the year
in which such license is issued; Pro-
vided. That all statements made under
the provision of this act shall be for
the exclusive information of the Sec
rotary of State. and no other person or
persons shall be permitted to examine
for use In court.
Section 4. Every commission mer-
chant desiring to do business In tho
Secretary of state as n bond executed
by such commission merchant AS prIn-
cipal. and n surety company licensed to
carry on business In the State of Colo
rado. as surety. conditioned in the
sum of ten thousand dollars. for the
payment and proper accounting to each
and every consiRnor of such farm.
dairy, orchard or garden produce. and
for the payment to such consiRnor of
the full amount OF the selling price of
and storage. II any. and such comrnis-
sion as may be agreed upon between
the consignor and such commission
merchant. Such bond shall be APP
proved by the. Secretary OF State,
Section g.. In cnsc such commission
merchant shall fail or neglect to ac-
cSunt and report for sale or to pay
over the moneys due on account of n
sale. as required In this act. an action
may be had against the principal and
or In the name of the people of the
State OF Colorado for the use OF such
consignor. to recover the amount due
such consignor- from said commission
merchant and It shall be lawful for
two or more conslgnors for the purpose
the Judgment shall specify the amount
due to each consignor. Such suit shall
be brought In the county where said
commission merchant has his principal
bond shall not become void upon the
first recovery thereon. but may be sued
upon until the amount thereof is ex
hausted, That upon the Impairment
Of said bond by recoveries thereon. said
commission MERCHANT shall be required
amount equal to such Impairment con-
ditioned MS hereinbeforo provided.
Section g. Every compission NOR
chant doing business under tho provis-
ions OF this act shall keep @ an sccurstss
shall he fruIv recorded tho N nmount and