Source: https://www.global-regulation.com/law/united-states/390620/vernons-civil-statutes---title-132---chapter-5.-commodity-exchanges.html
Timestamp: 2018-10-22 05:20:57
Document Index: 539058109

Matched Legal Cases: ['Art. 8655', 'Art. 658', 'Art. 8656', 'Art. 658', 'Art. 659', 'Art. 8657']

VERNON'S CIVIL STATUTES - Title 132 - CHAPTER 5. COMMODITY EXCHANGES (United States)
VERNON'S CIVIL STATUTES - Title 132 - CHAPTER 5. COMMODITY EXCHANGES
Link to law: http://www.statutes.legis.state.tx.us/Docs/CV/htm/CV.132.5.HTM
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 1.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 2.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 3.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 4.
Art. 8655. SHALL FURNISH COPY OF CONTRACT. Every person shall furnish upon demand to any principal for whom such person has executed any contract for the future delivery of any cotton, grain, stocks, or other commodities, a written instrument setting forth the name and location of the exchange, board of trade, or similar institution, upon which such contract has been executed, the date of the execution, of the contract, and the name and address of the person with whom such contract was executed, and if such person shall refuse or neglect to furnish such statement upon reasonable demand, such refusal or neglect shall be prima facie evidence that such contract was an illegal contract within the provisions of Art. 658, and that the person who executed it was engaged in the maintenance and operation of a bucket shop, within the provisions of Article 661 hereof.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 5.
Art. 8656. PENALTY. Any person, either as agent or principal, who enters into or assists in making any contracts of sale of the sort or character denounced in the preceding Art. 658 for the future delivery of cotton, grain, stocks, or other commodities, or who maintain a bucket shop, as that term is defined in Art. 659, shall be guilty of a felony, and upon conviction, shall be imprisoned in the penitentiary not exceeding two years.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 6.
Art. 8657. PERMITTING EXCHANGES. There may be organized in any city, town, or municipality in the State of Texas, voluntary associations to be known as cotton exchanges, grain exchanges, boards of trade, or similar institutions, to receive and post quotations on cotton, grain, stocks, or other commodities, for the benefit of its members and other persons engaged in the production of cotton, grain, or other commodities. Such associations shall be composed of members and shall adopt a uniform set of rules and regulations not incompatible with the laws of Texas and of the United States. They shall open their books to inspection of all proper courts and officers when required so to do.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 7.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 8.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 9.