512 IOWA DEPARTMENT OF AGRICULTURE 



onds in explaining: The stuff was delivered at the terminal at 5 

 o'clock in the morning, and it arrived at the yards too late to be 

 sold, and they refused to pay the claim, saying that they aren't liable 

 for anything because it was turned over to the terminal. 



The President: I would like for Mr. Coon to answer that ques- 

 tion. I think he is better prepared to answer it than I am. 



Mr. Coon : My opinion is it would still be upon them. They are 

 liable for the loss. Their liability still continues until they have 

 actually delivered the stock. They wouldn't have a real delivery 

 until the stock was placed at the unloading chutes to be unloaded. 

 My opinion is that the liability of the railroad would still continue 

 until the stock is unloaded, because they have not effected a delivery. 

 It is not a final delivery of the stock when it is placed for the term- 

 inal. It is not really delivered until it is placed at the chutes. 



Mr. Thompson : This stock was delivered to the terminal at about 

 5 o'clock, and it didn't arrive at the chutes until about 2 o'clock. 



Mr. Coon : You should realize that the freight claim department 

 is really the buffer of the legal department. 



The President : The next we have is the report of the secretary- 

 treasurer, Mr. Goodenow. 



Mr. Goodenow : First I will read to you the secretary's report : 



SECRETARY'S REPORT, 1920. 

 Receipts for the year $11,310.12 



Disbursements — 



Bank collection fees $ 47.35 



Refunds to county associations 199.50 



Directors' expense 475.73 



Expenses of delegates to Washington, Chicago, 



etc 366.53 



Stamps, printing, stationery, etc 1,499.54 



Bond for secretary and treasurer 20.00 



Annual meeting 259.87 



Refund, over-payment of dues, check 7.00 



Clarence Pickard • 60.35 



President's salary and expenses 3,235.78 



Clifford Thorne, legal services 1,720.80 



C. L. Harlan, salary and expenses 2,167.12 



Secretary's office 500.00 



Total 9,559.57 



Balance on year's business $ 1,750.55 



