Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1937-05-06
Such report shall state the gross

Such report shall state the gross
bushels of all grain of various kinds
in his warehouse at the beginning
Of the year, the net bushels and
dockage Of all grain received, the
net bushels and dockage of all grain
shipped or delivered from such
warehouse and the gross bushels of
all grain remaining in the ware
house at the end Of the year, and
such report shall particularly
specify an account for any average
or shortage in any kind of grain
accruing during the year; provided,
that flour, cereal and feed mills
and lighthouses, doing man
ufacturing business only, shall be
only required to render a report
showing gross bushels Of all grain
on hand at the beginning Of the
year, net bushels and dockage OF
grain received, and gross bushels
milled, as we'll as gross bushels on
hand at the end of the year.
All public local grain warehouse
men engaged in the handling or sale
of any other commodity than grain
shall keep an entirely separate &C
count Of their grain business and
under no circumstances shall their
grain account and other accounts
be mixed.
The commission may also require
special reports from such ware
houseman at such times as the
commission may deem expedient.
No license shall be reiSsued to any
public local grain warehouseman
who fails to make the annual re-
port as required herein.
The commission may cause every
such warehouse and the business
thereof and the mode Of conducting
the same to be inspected by one
or more Of it's members or by its
authorized agent whenever deemed
proper, and the property, books,
records, accounts, papers, and pro-
ceedings of every such warehouse
man shall at all times during bus
mess hours be subject to such in
spection. The expense incurred by
the commission in carrying out the
provisions Of this section shall be
paid out Of the state grain inspec-
ton fund.-"
Section 6. That Mason's Minno-
sofa Statutes Of 1927, Section SOIL.
is hereby amended so as to read as
follows:
"5071. All public local grain ware
housemen, before receiving any
grain in any public local grain
warehouse, shall first apply to and
secure from the Railroad and Ware
house Commission a grain storage
license for such warehouse. A
license fee Of five dollars shall be
paid to said commission for each
license issued and shall be deposit
ed in the state treasury and credit
ed to the grain inspection fund.
Commencing with the first day OF
September 1887, All such licenses
shall expire at midnight on the
thirtieth day Of June, following
their issuance. Before any such
license is issued to any warehouse
man such warehouseman shall file
with the commission bond in such
sum as the commission may pre-
scribe, which sum shall not be less
than fifteen-hundred dollars. Such
bonds shall be filed annually and
cover the period Of the license. Such
bonds shall run to the State OF
Minnesota and be for the benefit
Of all persons storing grain In such
warehouse. They shall be condition
ed upon the faithful performance
by the public local grain warehouse
man of all Of the provisions OF law
relating to the storage OF grain by
such warehouseman and the rules
and regulations Of the said commits
sion relative thereto. The commits
sion is authorized to require such
increases in the amont OF such
bonds from time to time as it may
deem necessary for the protection
of the storage receipt holders. The
surety on such bonds must be a
surety company holding certificate
Of the insurance commissioner au-
thorizing it to execute the same;
provided, that the commission may
accept bond executed by personal
suretieS. in lieu of q surety COM
pany, whenever such bond has at
tached to it the justification pro-
vided for in Section 1892, General
Statutes of 1918, and an affidavit
of the president Of a bank in the
county in which such local ware
house is situated, who is not in
terested in such warehouse, stating
that such justification is true and
correct.
Only one bond need be given
for any line of elevators, mills, or
warehouses owned, controlled or
operated by one individual, firm or
corporation.
Every such bond shall specify the
location of each public local grain
warehouse intended to be covered
thereby and shall at all times be IN
sufficient sum to protect the hold
ers of outstanding storage receipts.
Any warehouseman who shall
violate the provisions Of this Sec
ton shall forfeit to the state for
each violation the sum Of fifty dol
lars and such violation shall be
cause for revocation Of license"
Section Z. That Mason's Mime
sofa Statutes of 1927, Section 5072,
is hereby amended so as to read as
follows:
"5072. All storage contracts on
grain in store at public local grain
warehouses shall terminate on June
30th of each year, except storage
contracts on shelled corn, which
shall terminate on March 31St of
each year. Storage on any or all
such grain may be terminated by