352 THE BOOK OF CHEESE 



Rule 2. All transactions in cheese between members of the 

 Exchange shall be governed by the following rules, but nothing 

 therein shall be construed as interfering, in any way, with the 

 rights of members to make such special contracts or conditions 

 as they may desire. 



Rule 3. If a sale is made from dock, or platform, or to arrive, 

 the buyer shall assume the same relations toward the transpor- 

 tation line by which the cheese arrives, as the seller previously 

 held as regards its removal from the place of delivery within 

 the time granted by such lines for that purpose. Transactions 

 between members of this Exchange shall be governed as follows : 

 Any member negotiating for any lot of cheese belonging to an- 

 other member, the price having been agreed upon, shall examine 

 such lot of cheese within twenty-four (24) hours after such nego- 

 tiation takes place. Failure to examine within said time releases 

 the seller from any obligations to make delivery thereafter, if he 

 so wishes. 



Rule 4. In the absence of special agreement, all cheese pur- 

 chased " in store " shall be understood as being ready and de- 

 signed for immediate delivery, but the buyer shall have twenty- 

 four hours in which to have the cheese inspected, and weight 

 tested, and shall not be liable for the storage and insurance, if 

 removed within two days. 



Rule 5. When cheese are sold to arrive, or from depot or 

 dock, the cheese must be accepted or rejected within six business, 

 hours after notice of actual arrival to buyer. Business hours 

 shall be understood to be from 10 A.M. to 4 P.M. If buyer rejects 

 the same, he shall state the reasons for rejection. Should the 

 rejection be considered unfair, the seller shall at once notify the 

 buyer that he declines to accept such rejection ; and he may call 

 for a Committee, which shall be composed of three members of 

 the cheese trade ; the seller choosing one, the buyer one, and 

 the third selected from the cheese trade by these two, or, they 

 failing to agree, the third shall be appointed by the Chairman 

 of the Committee on Cheese. The Examining Committee shall 

 at once inspect the lot of cheese in dispute, sampling not less than 

 five (5) per cent of each mark or factory, and they shall imme- 

 diately give their decision in writing to both parties. Either party 

 failing to abide by the decision of the Committee may be summoned 

 by the other party before the Complaint Committee under Section 



