Henderson daily dispatch., 1946-09-11
Sterilization System Is
Outlined For Warehouses

the producers consent, to deduc,
$500 from the amount of the adj
ance for the purchase of one share.
In such case the producer ana
alchouScman' representative VIII
sign Form | and the frs, carbon
will be given to the producer. Cop
les of Form are official recelp,
forms and will be accounted tor.
Any unused or mutilatcd forms will
be returned 10 the home office Of
TIE Sterilization Corporation.
Each person (the landlord AMI
each tenant separately shall be
come a member i'll order 10 obtaI
~ advance OH tobacco i'll which l.:
has an interest. The receipts fu.'
membership collections will be is
sued separately 10 the landlord ana
10 each tenant. Each tenant thcG
will have his own membership
which he retains for the future re-
SarGlcsSS OF whether he remains
with the same landlord. Where col
lection for stock is made by the
warehouse. the stock certificate and
membership card will be forwarded
from the home office of the Corpor-
alton after the copy of Form | and
the money collected from the pro-
Queer is received from the ware
Rouse. After the initial purchase of
stock. Il producer has continuous
membership without necessity 10.
purchase OF additional stock either
i'll connection with tobacco placed
Under loan from the 1916 or later
crops. Pending issuance OF official
membership card amy producer may
establish his membership by pres
cntation OF the copy OF Form is
sued 10 him by the warehouse.
a-Scttlcmcnt McmorandumS
Since producers who place tobaC-
<, with the Sterilization Corpora
ton will share III the proceeds i
the tobacco il subsequently sold a.
q net gain ii is necessary that a set
element memorandum (Form y b.
prepared for each lot of tobacco pro-
cured. II is not necessary 10 make
out these forms during sale. The
may be prepared after the auction
Is over so as not To- Interfere with
the pay-otf. The settlement memo
for thousands of tobacco growers
dress of both the landlord and ten
ant. the division of the crop. and the
marketing quota card number to-
tIAlNl III kllt 4l4lbi ll.tA4pll ObIl
corning the tobacco placed with the
Corporation.
Bills
Tho buyers bill on tobacco placed
with the Corporation will be pre-
pared CON the form cuStomarily las
cd by the warchOusc) and deliver
cd 10 the agent receiving tobacco for
the Corporation. An extra copy OF
tie bill will be forwarded directly
10 the Corporation.
Records to be Sent to Stabiliza-
ton Corporation
a. The following records should bc
sent 10 the home office of the Fluc-
cured Tobacco Corporation S,abili-
Hation Corporation al Raleigh. North
Carolina. daily:
CD Duplicate of Buyers Bill.
(2) Settlement memorandumS for
transactions included on buyers bill.
b. The receipt forms for stock
purchase and the warehouse check
covering all amounts deducted foy
stock purchase will be forwarded t.
the Corporation at the end of each
week
or Tobacco
One or more dealers will be nam
cd IN each market TO handle tobacco
placed with the Sterilization Cor
poration. Records relating To tobacco
received by a dealer for the Cor
poration shall be kept separate from
records relating to tobacco purchas-
ed by the dealer for his own ac-
count.
The original of the buyers bill
will be submitted to the dealer who
receives tobacco for the StabiliZa-
ton and such dealer will pay the
warchouscman for the tobacco in the
customary manner.