The Glenwood post., 1916-11-11

ship, If any, of the products by the
warehouseman, D amy lien claimed
by the warehouseman for advance
made or liabilities incurred, (k) any
other facts required by the secretary
OF agriculture, W the signature of the
warehouseman, which may be made by
his authorized agent. Unless other
wise required by the law of the state
IN which the warehouse is located, the
grade may be omitted at the request
OF depositOrs, except in case of fungi
Bile agricultural products, If the re-
ceipts clearly show that they are not
negotiable.
cassihers and Weishers.
The secretary of agriculture may L.
cense competent persons to classify
and weigh agricultural products stored
In licensed warehouses, and to certify
the classification or weight of the
products. Such licenses may be sus-
pended or revoked at any time If the
ncensee fails to perform his duties
properly. All grain, fiaxseed and other
fungible products stored for interstate
or foreign commerce in licensed ware
houses must be inspected and graded
by persons licensed for the purpose.
Authority Is given to establish official
standards for the agricultural prod
ucts named In the act, and standards
established under any other act Of
congress are adopted for the purpose
Of the warehouse act.
Delivery Of Products.
Upon demand of depositors or hold
ers of receipts, licensed warehousemen,
in the absence of some lawful excuse,
must deliver products stored without
unnecessary delay. The demand for
delivery must be accompanied with an
offer to satisfy the warehouseman's
lien, to surrender the receipt, If ne
gotiable, properly indorsed, and, when
requested by the warehouseman, to
sign an acknowledgment of the re-
ceipt OF the products redelivered.
Upon the redelivery of the products
for which given, all receipts returned
must be Cancelled.
Records and Reports.
Licensed warehousemen are required
to keep in safe places complete and
correct records of all agricultural prod
ucts stored and withdrawn, and of
receipts issued, returned, and can
celed. They must also make detailed
reports to the secretary of agriculture
as often us required. Their books,
records, papers and accounts are SUBJ
ject to examination by the department
Of agriculture.
Revocation Of Licenses.
The secretary Of agriculture is re-
quired to publish the names, locations
and addresses of all warehouses and
persons licensed under the act, with
lists Of all licenses revoked and the
causes of termination. He may pub
lish his findings whenever he deter
mines that licensed warehouseman
is not performing fully his duties un-
der the act. He may suspend or re-
woke any license If the licensee fails
to comply with the act or the rules and
regulations. He may also suspend or
revoke any license issued to a ware
houseman II unreasonable and ex-
orbitant charges have been made for
services rendered.
The act expressly provides that
nothing contained in 1t shall be con-
strued to interfere with state laws re-
lating to warehouses, warehousemen
weighers. graders and classifiers. or
with similar federal laws. On the con-
trary, the secretary of agriculture Is
authorized to cooperate with officials
charged with the enforcement of such
state laws in order to carry out the
provisions of the United States ware
house act
Penalties.
Punishment by fine or Imprisonment,
or both, may be imposed on any per-
son who counterfeits, forges, or uses
without proper authority any license
issued under the act, or who issues or
utters false or fraudulent receipt or
certificate, or who uses n name or de-
scription conveying the impression
that warehouse is designated MS
bonded under the act unless the bond
has actually been filed and approved
or the license issued remains unsus-
pended and unrevoked.
An appropriation of $4,000 is made
for carrying out the provisions Of the
act. The necessary rules and regula-
tions are now in course Of preparation,
and will be published and widely dis
tributed at the earliest practicable
date.