Page:United States Statutes at Large Volume 39 Part 1.djvu/507

 486 SIXTY·FOURTH. CONGRESS. Sess. I. Ch. 313. 1916. . e. . .Paa·r C. wmame aa. l ‘ be wn as the United States warehouse Act, and be effective hereafter as follows: mmm ··That this Act shan he lmovm by theshort title of ‘United States W"Sn?1?S;él%at the term ‘warehouse’ as used in this Act shall be rm mem. deemed tormean every building, structure, or other pgotected m- ··w•ma¤u•.~ clmumjn which my agricultrual product is or may stored for interstate or foreigrcommerce, or,  located within ang place under the exclusive jurisdiction of the United States, m whic any agricul; ugmmm pro my.,} pgoduct is or may be stored. The term ‘agricu1tural product °°‘* wherever used in this Act shall be deemed to mean cotton, wool, grim, tobacco, and iiaxseed, or any of them. _As used in this Act, person' includes acorporationorpartnershiportwo ormore persons  ha `a joint or common interest; lW81'0ll0US6m8:I1, means a person """“°"’•"'°·” lawvigidy engaged in the business of stor1ng agricultural products; and ‘receipt' means a warehouse receipt. _ _ _ "Smo. 3. That the Secretary of.  is authigmeg to 13. mvsopom, owe., veg ‘ to the sto ware ousing yg accor o a e °!”m°°°°°' andugtherwise, w, and certification of   progcts; upon application to him by any person applying for license to conduct a warehouse under this Act, to inspect such warehouse or capse it to be inspected; at any time, with or without application to hun, to inspect or cause to be inspected all warehouses licensed under this Act; to determine whether warehouses for which licenses are apphed for or have been issued under this Act are suitable for the proper cnsmeaino. Storage of any agricultural product or products; to olasufy ware~ houses licensed or applying or a license in accordance with their ownership, location, sun·onmdinEs, capacity, conditions, and other ualities, and as to the kinds of censcs issued or that may be issued 1>¤¤¤¤<>¤w¤¤¤¤¤¤¤¤- iter them pgrsuant to this A.ct· and to préescribe, within the limitam°°° tions of t Act, the duties of, the ware usemen conducting warehouses licensed under this Act with respect to their care of and responsibility for agricultural products stored therein. hL¤¤¤¤~¤ to wen- "Sec. 4. That the Secretary of Agriculture is authorized, upon °°°°”'“°‘ application to him, to issue to any warehouseman a license forthe copglpga of a garehouse or warehoiéses aizordantpe wi;)h   rgctreind (,0,,,,,,- su esan regulationsasma e ma e ereun er: at i°m°"m°' each such warehouse be found Zuitable for the proper sto e,of the particular agricultural product or products for which ar%cense is a plied for, and that such warehouseman, as a condition to tile granting of the license, to com ly with and abide by all the tems of this Act and the rules and regullitioniprescribed hereunder. Wm °‘“°•¤=•- "Sec. 5. That each hcense issued un er sections four and nine of this Act shall be issued for a period not exceeding one year and shall specify the date uggp which it is to terminate, and upon showing satisfactory to the rotary of Agriculture may from time to time be renewed or extended by a written instrument, which shall spemify the date of its termination. 4 B¤¤¤¤¤¤¤¤¤¤¤· "Sec. 6. That each warehousernan a_pplym' g for a license to conduct a warehouse m accordance with this Act s all, as a condition to the grantinf thereof, execute and file with the Secretary of Agriculture a goo and sufhcient bond other than personal security to the °°¤d**i°¤¤— United States to secure the faithful erformance of his obli ations as a warehouseman under the laws of the State, District, or 'Ferritory in which he is conducting such warehouse, as well as under the terms of this Act and the rules_and regulations prescribed hereunder, and of gpch adgitiondgabhtiauopg ?1a warehousernian as may bp assumed by _ m un er con c wi e respective e ositors o 'cultural "’“'°°*· *°'¤=*·°'¢· products in such warehouse. Sai bond shall be in sucgrm and