frange: nice.
43
capital of $250,000. The warehouse covers about 40,000 square feet
of space and is said to have cost about $100,000.
The company takes charge of merchandise, answers for its safety and
preservation (if not perishable), but will not be held responsible for
damage by fire. All merchandise on entering the warehouse pays a Gov
ernment tax of 00 centimes ($0.1158) and, on leaving, one of 10 cen
times ($0.0193) for each receipt or warrant representing such mer
chandise. The company undertakes the loading and unloading of ves
sels, but has not fixed a scale of charges for such services, charges de
pending on the nature of the merchandise and the position of the vessel.
Without twenty-four hours’ notice of the arrival of merchandise the
company does not guarantee its immediate entry, nor assume responsi
bility for damage. It repairs damaged or insecure cases at the ex
pense of the owner and gives him notice thereof.
A receipt is delivered giving the name of the owner, date of deposit,
nature of the goods, their origin, the number, description, and marks
°f the cases or packages, their measure or weight, and the sum for
which the company itself has insured the goods. These receipts, are
not t ransferable.
For the delivery of goods the company requires twenty-four hours’
notice, and if goods are not removed within forty-eight hours there
after they are considered to have been redeposited and new charges
accrue. The charge for loading or unloading at entrance of ware
house is for the owner to pay. If the work is done by the company
the charge is 4 franc (9.65 cents) per ton. The charge for warehous
ing is calculated by the gross ton, by number, or by the thousand
francs ($193) of value. Special storage may be procured at 7 francs
' $1.35) per square yard of floor space per annum. The charge for
Weighing is 80 centimes ( 15.44 cents) per ton.
The company accepts merchandise and gives against it “ warrants,”
°r receipts “ to order,” which may be indorsed or transferred in the
f°rm and manner prescribed by the law of May 28, 1858, and the
decree of March 12, 1859. The merchandise thus “warranted ” may
be divided up into as many receipts as the owner may elect by his pay-
ln g a tax of 2 francs ($0.386) for each receipt or “ warrant.” This
eh arge includes the 60 centimes ($0.1158) mentioned above. The
eompany will undertake to obtain advances upon these transfenable
receipts on terms to be arranged and varying with the nature of the
merchandise.
The company has a bonded warehouse, which is under the super
vision of a Government custom-house officer. At Nice the bulk of the
merchandise stored is made up of grain, flour, wines, and oils. Amer
ican exporters have not, up to the present, made any use of the ware
house, where all nationalities are treated absolutely alike. Goods do
,l( >t remain in bond, as a rule, longer than six weeks. There are no
special facilities for removal of goods from boat to warehouse and
vice versa, and the estimated cost of such removal is said to be about
1 fi'anc ($0.193) per ton.
1'he cost of storage in the free warehouse varies widely, ranging
from 1 franc ($0.193) per ton per month for such articles as charcoal,
metal, wire, and sugar, to 4 francs ($0.965) for straw goods, and,
except ionally, 20 francs ($3.86) for artistic statuary. In the bonded
Warehouses prices for storage vary from 15 centimes ($0.028) per 100