Rule 3. If a sale is made from dock, or platform, or to
arrive, the buyer shall assume the same relations toward
the transportation 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 another
member, the price having been agreed upon, shall examine
such lot of cheese within twenty-four (24) hours after
such negotiation 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
purchased "in store" shall be understood as being ready
and designed 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 immediately 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 24 of the By-laws. The fees for each examination
shall be six ($6) dollars, to be paid by the party
adjudged to be in fault.
Rule 6. The weight of all cheese shall be tested by a
regularly appointed official weigher, and his certificates
shall accompany the document conveying the title of the
property. Said official weigher to be appointed by the
Committee on Cheese, subject to the approval of the
Executive Committee.
Rule 7. The weigher's fee shall be twenty-five (25) cents
per factory except where the owner requires more than ten
(10) boxes be tested in which case the fee shall be fifty
(50) cents, which shall be paid by the seller.
Public-domain text, read in full here on John Shaqi.
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