1. All accrued charges will be billed to and collected from party surrendering warehouse receipt. All bills are due and collectible weekly. Drafts will be drawn for all invoices which are not paid within nine (9) days after issuance.

2. Accrued storage charges may be paid to any desired date but no credit will be allowed for unused portion of month's storage. The new storage month will begin the day following payment date. Any fractional part of a storage month will be counted as a full month. This applies to all cotton whether or not it involves change of ownership between persons, partnerships, or corporations including United States, State or City Governmental departments.

When uninsured cotton becomes insured cotton under our insurance coverage, the new storage month will begin as the title to the cotton passes from one owner to another.

3. (a) No cotton will be delivered until electronic or original paper warehouse receipts have been surrendered.

    (b)Storage charges on truck shipments shall cease on the date loaded.

    (c)Storage and/or other charges shall continue to accrue until loaded should delay in handling be causes by Act of God, weather, fire, flood, insurrection, riot, strike, labor dispute, non-availability of transportation facilities and any other causes beyond our control.

   (d)All days are business except Saturdays, Sundays, and the Holidays.

4. Lien is claimed upon cotton for all accrued charges and freight charges advanced by this Company.

5. No cotton will be turned out for marking, re-marking, sampling or resampling, weighing or reweighing, without a written order from the owner and written order must be accompanied by electronic or paper receipt number and bale tag number.

6. Patrons must prepare numerical shipping lists (tag lists) in duplicate for all services requested.

7. Shipping lists (tag lists) of transit cotton and/or cotton for carload consolidation, must be in our possession prior to arrival of cotton.  This must be a master list, one sheet for each one hundred bales or less, listing first the bales in storage at consolidation press and then, following in groups, bales from various origins showing warehouse or county origin of each group.

8. (a)To complete a shipping order, complete shipping instructions (including tag list) and electronic or original paper warehouse receipts in numerical order must be delivered to our central billing office and. if a truck shipment, shipper or his agent must contact shipping plant manager or his designated representative to establish to loading date (applies to dated orders also). A complete shipping order shall have no contingencies other than the performance by the Company and arrival of scheduled transportation.

(b) lf delay in shipment or availability for shipment is caused by Act of God, weather, fire, flood, insurrection, riot, strike, labor dispute, non-availability of transportation facilities, or any other cause or causes beyond the control of the company, it is expressly understood and agreed that the company shall not be liable for any direct or consequential damages for such delays in shipment or availability for shipment.

(c) lf trucks do not pick up by 4:00 p.m. of the first business day following the agreed pickup date, a  $2.00 per bale penalty may be assessed.

(d)Storage and insurance will continue until shipment is loaded.

(e) Any shipping order received after 12:00 noon at our office will be dated the following business day.

(f) The warehouse will  NOT deliver goods on Saturdays and Sundays or holidays, nor any other days before 8:00 a.m.nor after 4:00 p.m., except by special arrangement.

9.This company is not liable or responsible for loss or damage due to accidents, delays in handling caused by strikes, shortage of labor, acts of providence, acts of the public enemy, acts of civil or military authority, invasions, Insurrection, riots, concealed damage, water packs, gin falls, interior damage, dampness, any irregular condition not apparent or other causes beyond its control, except as otherwise required by the U.S. Warehouse Act and regulations there-under.

10. This Company will not guarantee legible marks to destination but will diligently apply same.

11. Actual labor costs and other expenses incurred, and not specifically mentioned herein, when in direct Interest of Owners, shall be charges to party benefited by same, such service to be fully described on bills rendered.

12. All cotton received in wet, muddy, or damaged condition shall be graded by cotton bale standards and grade will be so noted on bale receipts, put in condition immediately, and the storer will be assessed tariff charges for services.

13. When wet or damaged cotton weighed, weighers will exercise their best Judgement in making deductions, but this Company does not guarantee such weighing, nor does it guarantee weights on dry cotton.

14. Weight shown on warehouse receipts is weight determined by our licensed weighers. Tare shown is identical tare as certified to us by the ginner or from information furnished us by previous warehouseman.

15. When cotton is ordered delivered to pickery or others to be returned, all handling and storage charges accrued to date will be billed and collected and the cotton so returned will be handled as new receipts, furnishing all desired references as to old Warehouse numbers, planter's marks, etc.

16. There will be no charge for electronically transferring ownership of record. However, new storage will begin on the date of transfer, and no credit will be allowed storers for unused portion of month's storage. Original storer  will pay all storage and other charges up to and including date of transfer. New storer will be charged at current rate.

17. This Company does not guarantee DENSITY where size, weight, condition of package, etc., will not permit, but will exert all practical efforts to turn out the best package possible. This Company does not guarantee that Gin Universal Density cotton shipped from its facility will pass Maritime inspection at the ports.

18. Insurance is provided against direct physical loss or damage to baled cotton in our possession as a result of fire, lightning, and other perils subject to the provisions of our insurance company. This insurance coverage has no regulation to the price for which baled cotton may have been, or could have been sold or booked. This insurance covers ONLY THE MARKET VALUE of the cotton at the time and place of loss.

19. Nothing in the foregoing shall be construed as releasing carrier from legal liability under bill of lading obligations.  This Company will accept no liability for loss, damage or unmerchantability of cotton received with insufficient, inadequate, low quality, defective, etc. , ...bale covering and/or bale ties.

20. Truckers will be afforded the opportunity to inspect each bale loaded for surface contamination. Trucks in unsuitable condition for cotton loading will not be loaded unless specifically ordered to do so by the shipper. Responsibility for bale contamination occurring after bales leave our plants must reside with party causing such contamination.

21. All claims on cotton shipped from our plants will only be considered if received by our Company within 60 days from the date of shipment. Furthermore, if claim is for condition of the bale, RSM Bonded Warehouse must be afforded the right to inspect the bale.