4 BULLETIN 520, U. S. DEPARTMENT OF AGRICULTURE. 



given to the depositor, in addition to the receipt, as his private memo- 

 randum. Often it is not possible to weigh or grade the cotton imme- 

 diately upon its arrival at the warehouse, and the owner may be 

 unwiUing to wait for his receipt until this is done. In this event the 

 certificate may be issued subsequently, and the original attached to 

 the receipt. The carbon copy of the certificate is to be used only as a 

 record of the warehouse, and is for the information of the officer writ- 

 ing the receipt, who after noting upon it, in the place provided for that 

 purpose, the numbers of the receipts which cover the cotton listed 

 upon it, files it away, in numerical order. 



A convenient size for the certificate is 7 by 9f inches with J -inch 

 ruhng. 



THE WAREHOUSE RECEIPT. 



Many forms of receipts are in use in cotton warehouses, and no 

 attempt is made to give forms here that would conform to the ideas 

 of all warehousemen. The receipts shown embody all of the require- 

 ,ments of the United States warehouse Act, which is especially de- 

 signed to increase the value of the warehouse receipt as collateral, 

 ^vith the exception of the statement that the receipt is issued subject 

 to the United States warehouse Act and other special terms or con- 

 ditions which might be required by the Secretary of Agriculture for 

 the purposes of that act, which would of course be required only on 

 receipts issued by warehouses Hcensed thereunder. The terms and 

 conditions of receipts required by the Uniform Warehouse Receipts 

 Act, which has been adopted by 32 States, Alaska, the District of 

 Columbia, and the Philippine Islands, are substantially the same 

 as those of the United States warehouse Act, except that the latter 

 adds somewhat to the requirements embodied in the former. 



The follomng data are required in the issuance of warehouse receipts, 

 under the United States warehouse Act and must be embodied within 

 the wTitten or printed terms of such receipts, as set out in section 18 

 of the act: 



(a) The location of the warehouse in which the agricultural products are stored, 

 (6) The date of issue of the receipt. 



(c) The consecutive number of the receipt. 



(d) A statement whether the agricultural products received will be delivered to 

 the bearer, to a specified person, or to a specified person or his order. 



(e) The rate of storage charges. 



(/) A description of the agricultural products received, showing the quantity 

 thereof, or, in case of agricultural products customarily put up in bales or packages, 

 a description of such bales or packages by marks, numbers, or other means of iden- 

 tification, and the weight of such bales or packages. 



(g) The grade or other class of the agricultural products received and the stand- 

 ard or description in accordance with which such classification has been made: Pro- 

 vided, That such grade or other class shall be stated according to the official standard 

 of the United States applicable to such agricultural products as the same may be 

 fixed and promulgated under authority of law. 



