34-241. Transfer of grain between warehouses; form of receipt; procedure.
34-241
34-241. Transfer of grain between warehouses; form of receipt;procedure.If grain is delivered for storage in any licensed public warehouse andthe warehouseman's storage is limited, the public warehouseman may transfergrain for storage to another licensed public warehouse where storage isavailable. The owner of the grain may designate the receiving licensedpublic warehouse if a written contract to that effect has been entered intoand agreed upon between the owner of the grain and the warehouseman priorto the deposit of the grain. Upon receipt of the grain by the receivingwarehouseman, from the originating warehouseman, a negotiable warehousereceipt must be issued upon the demand of the owner of the grain. Thewarehouse receipt must be returned to the originating warehouseman, and theoriginating warehouseman shall deliver it to the owner upon payment offreight and all legal charges and upon the owner's surrender of any trustreceipts which may have been issued by the originating warehouseman forsuch grain. If the grain is transferred to a receiving licensed warehousedesignated by the owner of the grain, the warehouseman, in addition to hiscurrent posted public warehouse charges, may make an additional charge ofone and one-half cents (1 1/2[) per bushel for risk and shrinkage intransit and shall also assess the transportation and all legal chargesagainst the owner of the grain.
History: L. 1931, ch. 194, § 19; L. 1939, ch. 197, § 2; L. 1967,ch. 232, §1; L. 1969, ch. 217, § 2; July 1.