Warehouse


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WAREHOUSE. A place adapted to the reception and storage of goods and merchandise. 9 Shepl. 47.
     2. The act of congress of February 25, 1799, 1 Story's Laws U. S. 565, authorizes the purchase of suitable warehouses, where goods may be unladen and deposited from any vessel which shall be subject to quarantine or other restraint, pursuant to the health laws of any state, at such convenient place or places as the safety of the revenue and the observance of such health laws may require.
     3. And the act of 2d March, 1799, s. 62, 1 Story's Laws U. S. 627, authorizes an importer of goods, instead of, securing the duties to be paid to the United States, to deposit so much of such goods as the collector may in his judgment deem sufficient security for the duties and the charges of safe keeping, for which the importer shall give his own bond; which goods shall be kept by the collector with due care, at the expense and risk of the party on whose account they have been deposited, until the sum specified, in such bond becomes due; when, if such sum shall not be paid, so much of such deposited goods shall be sold at public sale, and the proceeds, charges of safe keeping and sale being deducted, shall be applied to the payment of such sum, rendering the overplus, and the residue of the goods so deposited, if there be any, to the depositor or his representatives.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
To promote economic activity by increasing farmer's access to low cost credit, the measure establishes a simplified modern framework for the storage of goods in warehouses through the creation of an online registry system where all electronic warehouse receipts can be registered and accessed.
The measure also establishes a warehouse relief assurance fund, managed by the SEC, which would be tasked to cover losses involving warehouse receipts stemming from Registry based failures, including but not limited to the irretrievable destruction of the Registry.
"The aim of the bill is to revitalize and overhaul the warehouse receipt system of the Philippines.
Sean Henry, 21, and Jacob Boudreau, 20, are on the list as cofounders of Stord, the Atlanta-based on-demand warehouse player.
Perhaps this is why many technologists and thought leaders are ready to declare the data warehouse dead--no longer relevant in the age of big data.
There is often greater cost with storing and managing data for analysis through data warehouse environments, since they are purpose-built to extract, transform and load secure, vetted data on a batch-processing basis.
The warehouses and cold storages which meet the standards of storage prescribed by the authority and issue the NWRs are registered by the authority.
Omar Almeheiri, Director of the Development & Follow-up Department in CCCP, said the new procedure will help curb illegal and negative practices, including trading in fake products, and reminded license holders that failure to obtain permits for the warehouse will invite legal action.
"Despite having a manufacturing facility and warehouse in Conroe, we decided to be even closer to our customers in the biggest petrochemical corridor in the world, accelerating our service and exceeding their needs.
The Trends section in the report emphasizes the recent trends in the warehousing sector such as the consolidation in the warehousing market, changing tax policy boosting warehouse outsourcing, emergence of 3PLs in logistics services, real estate companies' foray into warehousing, PE activity in warehousing market, and adoption of new technologies.
"We are pleased to have GSL as the first public customs warehouse licensee, to accept goods deposited by other companies," said Al Sahlawi.There are two types of customs warehouses namely: private customs warehouses and public customs warehouses.