Foreign trade zones (or free ports)

Bibliographic data

Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 2. The free ports of Europe

Collection:: Economics Books

244 FOREIGN TRADE ZONES All goods on which a receipt was issued will be covered by fire insurance taken py the chamber of commerce without its responsibility and for account of de- positors with companies chosen by the chamber of commerce to whom the depositors shall have to pay a premium of ——— for every thousand lire. The credit of the chamber of commerce for storage and for all other expenditure that the chamber of commerce is obliged to make for any reason whatsoever and relative to each lot of merchandise, will have priority on the value of the goods against any other creditor even if he should be recognized as lawful owner of the warehouse receipt relative to such merchandise. The warehouse receipts in as far as their payment is concerned shall be exclu- sively retained at the clearing room of the Banca d'Italia for account of the chamber of commerce. In consequence of the previous article, merchants shall have to deposit with the Banca d'Italia also the amounts required for the payment of the warrants not yet matured, and that shall have to be complied with in case they should wish to release the merchandise before the date of maturity of the relative warrants. On the amounts deposited as stated above the Banca d’Italia will pay no interest. In order to withdraw the merchandise the merchants will have to exhibit the warehouse receipt with attached warrants duly signed by the original depositor with a declaration to the effect that the goods have been withdrawn. The merchants who wish to take advantage of the authority given by the first paragraph of article 470, Title XVI, of the Commercial Code will have to deposit the required amount with the Banca d’Italia and then exhibit the relative receipt showing that payment in advance has been made for principal and interest as per warrant. Sales by auction of merchandise on which there is a lien, when the relative warrants should have been protested for nonpayment, will be held in the prem- ises set by the chamber of commerce, after due presentation of the documents of protest. The inspector of the free zone is appointed as deputy of the chamber of eom- merce in all administrative deeds regarding warehouse receipts and warrants. The regulations on the free zones approved by royal decree of October 31, 1876, and the special regulations for the Genoa free zone, dated February 8, 1877, are to be considered also applicable to the custody of merchandise on which ware house receipts and warrants have been issued inasmuch as said regulations are not contrary to the present special regulations. GENOA, August 8, 1895 P. Sovari, Approved: President of the Chamber of Commerce. N. 13727. RowME, August 13, 18965. MIRAGLIA, For the Minister of Agriculture, Industry, and Commerce. 3rorAGE DUES FOR GOODS STORED IN THE FREE ZONE OR IN THE MANDRACCI Section oF THE FREE ZoNE (SHED) GENERAL REGULATIONS . ArmicLe 1. The present rate list is to be applied to merchandise stored 1B warehouses, corridors, stairs, and streets of the free zone. Art. 2. The dues are charged by the month and for unit of weight or measur’ (volume) and are to be paid in full even when the merchandise is left in storag? for only one day.

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