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.

References in periodicals archive ?
Like the risk warehouser, the intermediary originates hedging or financing products with client/customers.
These moves have proven devastating for warehousers in the San Francisco Bay area where Nestle closed a Hills Brothers plant and Proctor & Gamble shut down a large Folger's operation.
Subjects were 203 warehousers working in a midwestern parts distribution center of a Fortune 500 manufacturer of home appliances.
The public warehouser typically operates a single facility, serving several clients who handle differing types of products.
36 If, as Taft believed, the arrangement was designed to create a monopoly whose rents the parties shared, why was the warehouser complaining?
Your suppliers say you're growing so quickly that it's hard for them to carry on as both supplier, advertiser, and warehouser, and to keep up with all the changes that you've brought to retailing.
The trucker is responsible only when in control of the goods, likewise with the rail carrier, warehouser, shipowner and so on.
Banks are now in the position of having to take on risk in a LBO market where previously they've been able to benefit from very liquid markets that allowed large volumes of deals to be processed while the bank focused on serving the role of advisor, intermediary and temporary warehouser of risk,' said James E.
A DRUGS warehouser has been jailed after he was caught stashing more than pounds 210,000 of narcotics at his girlfriend's home.