Chap. 34.—An ACT to provide for the recordation of marketing contracts or agree-
ments entered into by agricultural producers and co-operative corporations
and co-operative marketing associations and their members; and to prescribe
the effect of such recordations. [S B 95]

Approved February 18, 1924.

1. Be it enacted by the general assembly of Virginia, That when-
ever any body of agricultural producers or co-operative corporation
composed of agricultural producers or co-operative marketing associa-
tion incorporated under the laws of this State, or under the laws of
any other State of the United States and licensed to do business in this
State, (such body of agricultural producers, co-operative corporation
or co-operative marketing association being hereinafter referred to as
the association), which is engaged in marketing agricultural products
“other than leguminous food products” for its members shall prepare
and deliver to the clerk of any court in this State in the office of whom
deeds are admitted to record, a book to be called “‘the contract book
a ”” (naming the association), such book
shall thereupon become a public record book of such clerk’s office, and
it shall be the duty of such clerk to record therein the matters and
things authorized by this act.

2. At any time after any such book shall have been so delivered
to the clerk as provided herein, the association which has delivered
the same may request the clerk to whom such book has been delivered
to record therein any marketing contracts or agreements which have
been entered into by such association and any members thereof; pro-
vided, however, that if any such contracts or agreements be in the same
words and figures as any other contracts or agreements with any other
members of the association, and be separately signed by such members
of the association, such association may have one of such contracts or
agreements recorded in extenso in such book, and may furnish the
clerk with a list of the names of persons appearing on such contracts
as signers thereof, with the dates of the signatures respectively, where-
upon the clerk shall record such names as signers of such contracts or
agreements, with the dates of their signatures, respectively, so furnished.
Such recordation of the list of signers so furnished shall be equiva-
lent to the recordation in extenso of the contract or agreement of each
signer thereon. Such copy of such contracts or agreements and such
list of names of persons appearing on such contracts as signers thereof,
shall be sworn to by some officer of the association cognizant of the
facts before some officer authorized to take acknowledgments to deeds.
But in no case shall any such contract or agreement be deemed to be
recorded as to any signer thereof until his name shall be indexed in
guch book by the clerk, which indexing said clerk is hereby required to

oO. ,
3. When this act shall have been complied with, and any such
recordation as is herein mentioned is made in the county in which is
situated the land on which the produce covered by the particular
marketing contract or agreement concerned is grown or produced, such
recordation shall operate as constructive notice of the existence of
such contract or agreement, and of the terms thereof, and all persons
contracting or dealing with any such member in relation to any such
produce covered by such contract or agreement shall be bound thereby,
and all rights or liens acquired by any such person in such produce
subsequent to the date of such recordation shall be subject in all re-
spects to the rights of the association under such contract or agree-
ment; provided, however, that nothing herein contained shall affect
the statutory lien of a landlord for advances made to a tenant, or for
rent: provided, :lso, that nothing herein contained shall affect a bona-
fide purchaser of any agricultural product, upon the floor of any public
warehouse, when such purchaser is without actual notice of the rights
of the association under such contract or agreement nor a warehouse-
man selling such products at public auction on his warehouse floor,
without actual notice of such contract or agreement.

‘4. For making the recordations authorized by this act, the clerk
shall be entitled to the following fees, to be paid by the association
for which the service is performed: For recording a contract or agree-
ment in extenso, the same fees as for recording a deed; for recording
a sworn list of names when furnished as above provided, two cents
for each person. No tax shall be charged on the recordations au-
thorized hereby. |