Chap. 150.—An ACT to amend and re-enact section 1259 of the Code of Virginia,
as heretofore amended, relating to bonds of commission merchants.
[H B 182]

Approved March 24, 1934

1. Be it enacted by the General Assembly of Virginia, That section
twelve hundred and fifty-nine of the Code of Virginia, as heretofore
amended, be amended and re-enacted so as to read as follows:

Section 1259. The bond herein referred to shall be executed by the
applicant as principal and by a surety company qualified and authorized
to do business in this State as surety or by such personal surety as
may be approved by the circuit court of the county or corporation or
hustings court, or the judge thereof in vacation, of the county or city
in which the applicant resides or has his principal office. Said bond shall
be conditioned upon compliance with the provisions of this law and
upon the faithful and honest handling of farm products in accordance
with the terms of this law. Said bond shall be to the Commonwealth of
Virginia in favor of every consignor of farm products. Any con-
signor of farm products claiming to be injured by the traud, deceit or
negligence of any commission merchant may bring action therefor upon
said bond against either the principal, or the surety, or both in any
court of competent jurisdiction to recover the damages caused by such
fraud, deceit or negligence, or the failure to comply with the provisions
of this law, or to make prompt and accurate settlement with such con-
signor.

The applicant shall file with the Commissioner of Agriculture and
Immigration at the time of furnishing the said bond a schedule of his
maximum commissions and charges for service in connection with the
produce handled on account of or as agent for the parties and such
designated commission and charges shall not be changed or varied for
one year thereafter, except by and through a written contract and agree-
ment between the commission merchant and the consignors of farm
products.