Bolen v. Farmers' Bonded Warehouse

Pursuant to chapter 182, C. & M. Digest, (§ § 10404 et seq.) known as the Warehouse and Marketing Bureau Act, a bonded warehouse was organized at Mena under the corporate name of the “The Farmers’ Bonded Warehouse of Mena.” It is provided in the act that when its provisions have been complied with by the applicants for a charter thereunder, a charter shall issue, but, before the charter is delivered to the corporation and before the certificate of authority which the incorporators must have is furnished, the corporation shall execute,’ by its proper officers, a bond payable to the State of…