I. A. A. Record — March, 1934 



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County Recorders Are 

 5^ . X Opposing Fee Bill 



Letter to Farm Bureau Presi- 

 dents Cites Facts About 

 Measure 



Opposition chiefly from county re- 

 corders resulted in failure of the bill 

 to permit chattel mortgages to be filed 

 at low cost, to receive the necessary 

 two-thirds vote in the House at 

 Springfield on Feb. 21. County re- 

 corders are objecting to the measure 

 on the ground that their fees will be 

 reduced. 



The following facts should be kept 

 in mind, John C. Watson, director of 

 taxation, stated in a recent letter to 

 County Farm Bureau presidents: 

 ' 1. Eighty-five counties of the state 

 ~all those of less than 60,000 popu- 

 lation — combine the offices of circuit 

 clerk and recorder. If the proposed 

 bills are enacted, all such offices will 

 continue to collect the usual fees of 

 the circuit clerk, both for county and 

 for other services. : ,... > ■ S^^^ • 

 ,2./ All recorders* offices, whether 

 combined with the office of circuit 

 clerk or not, will continue to collect 

 the usual fees for recording all kinds 

 of real estate deeds, all trust deeds 

 and mortgages securing loans on real 

 estate, and probably most chattel 

 mortgages involving substantial sums. 



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' Bills Amended ; 



S. The Devine bills have been 

 amended to provide a filing fee of 50 

 cents instead of 25 cents, as originally 

 drawn, and retain the fee of 25 cents 

 for certifying a carbon copy of the 

 chattel mortgage, which will probably 

 usually be requested. The combined 

 filing and certifying fee of 75 cents 

 will be mostly net, as indexing and 

 other costs will be slight, and index- 

 ing saves the cost of about ten cents 

 per page for purchasing the usual 

 chattel mortgage record book. Such 

 net fees should exceed the net profits 

 from all short form chattel mortgages 

 for recording which fees usually vary 

 from 75 to 90 cents. 



4. Under the new banking regula- 

 tions, it appears that, much more than 

 in the past, credit will be secured by 

 chattel mortgage, thus increasing the 

 receipts of recorders' offices. 



5. The cost of recording the new 

 Federal Production Credit Association 

 chattel mortgages, which are four- 

 page documents, varies from $3.00 up 

 to at least $5.00 in the various coun- 

 ties of the State. Such fees, especial- 

 ly on loans of small sums, are so ex- 

 cessive as to interfere seriously with 

 the use of such credit. 



. 6. About 23 states, such as Colo- 



PLANNING HENDERSON COUNTY'S MEMBERSHIP DRIVE 



Left to rlgrhts W. A. Stevenson, general affent» Earnest D. Walker, county ad-< 

 riser, Otto Steffey, county eaptnin, and Miss Audrey Marsden, officer secretary. 

 Henderson county added 254 ne^v Farm Bureau members durluff 1933. 



rado, Iowa, Michigan, Minnesota, 

 North and South Dakota, Missouri, 

 and Washington, have long permitted 

 filing of chattel mortgages, usually 

 for a fee of 25 cents. In these states, 

 chattel mortgages are as secure when 

 filed as when recorded. >'^"' ■ i • ' 



New Truck Code of S 

 v^ Interest to Farmers 



It A. A. Receives Many Inquiries 

 From Truck Owners Who 

 Haul for Hire , ;: ^ 



••;■'•■• '. .-■- r _______ '• ■'•■'■*..•■•. 



The I. A. A. has received a number 

 of inquiries regarding the new truck- 

 ing code which went into effect on 

 Feb. 25. This Code covers the op- 

 erator of any motor vehicle who re- 

 ceives compensation or remuneration 

 direct or indirectly for the transpor- 

 tation of property of others or of 

 his own property for sale or disposal 

 when the principal purpose or effect 

 of such sale or disposal is to obtain 

 revenue by such transportation. 



It exempts farmers who transport 

 their own property or produce to 

 primary markets or their own sup- 

 plies on return. It also exempts 

 farmers who haul property, produce 

 or supplies for neighboring farmers 

 for which they do not receive com- 

 pensation other than by the exchange 

 of services; and the trucking opera- 

 tions of bonafide farmers' cooperative 

 associations to the following extent: 



When bonafide farmers' cooperative 

 associations carrying on trucking op- 

 erations in their own vehicles at cost 

 are engaged in transporting the prop- 

 erty or produce of such associations 

 or of its farmer members to primary 



markets, or are engaged in the return 

 transportation of supplies purchased 

 by such associations or farmer mem- 

 bers thereof, and are not engaged in 

 transporting for hire or serving the 

 general public, then such associations 

 shall be exempt from all provisions of 

 this Code, except: i; r \ :. . 



• (a) The provisions of Article IV 

 dealing with industrial relations; ' 



(b) The provisions of Article V 

 dealing with maximum hours of labor, 

 minimum rates of pay and conditions 

 of employment. • . , ^-^: : ,\ 



-What Truckmen Must Do • ;r 



They must register before March 27 

 with a registration office provided by 

 the State Code Authority. 



After April 11, 1934, must carry on 

 his vehicle the registration insignia 

 when his certificate of registration is 

 issued.- ■■■ ■-••.■■.■:."-^--' ''^'■''^'^- ■•-::■:■'--: 



After February 25, 1934, must ob- 

 serve maximum hours of labor, mini- 

 mum rates of pay and other labor 

 provisions. 



Must post a copy of the Code in a 

 place where it may be easily seen and 

 will be accessible to all employees. 



Must furnish all information re- 

 garding revenues, expenses and other 

 charges, wages, hours of labor, condi- 

 tions of employment, number of em- 

 ployees, and other matters relating to 

 Code administraMon. ^ ^ 



Must keep himself posted on all in- 

 t pretations, amendments and other 

 information with regard to the Code 

 provisions, particularly those regard- 

 ing hours of labor and wages. 



Before April 11, 1934, must file a 

 schedule of minima for rates and tar- 

 ( Continued next page, Col. 1) ■ 



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