Chapter 1306. To amend section twenty-seven hundred and eighty-seven of the Revised Statutes of the United States
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CHAP. 1306.— An Act To amend section twenty-seven hundred and eighty-seven of the Revised Statutes of the United States. March 2, 1905. [[H. R. 16646](/us/bill/58/hr/16646).] [[Public, No. 126](/us/pl/58/126).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Customs.Bond of agent.[R. S., sec. 2787, p. 540](/us/rs/s2787/p540), amended. That the section twenty-seven hundred and eighty-seven of the Revised Statutes of the United States he, and is hereby, amended so as to read as follows:
" “Sec. 2787. Penal bond double the estimated duties. Whenever any entry is made with the collector of any district of merchandise imported into the United States subject to duty by any agent, factor, or person, other than the person to whom it belong or to whom it is ultimately consigned, the collector shall take a bond with surety from such agent, factor, or person in the penal sum of an amount equal to double the estimated duties, with condition that the actual owner or consignee of such merchandise shall deliver to the collector a full and correct account of the merchandise imported by him, or for him on his own account, or consigned to his care, in the same manner and form as required in respect to any entry previous to Submission of certified account.the landing of merchandise: which account shall be verified by a like oath, as in the case of an entry, to be taken and subscribed before any judge of the United States, or the judge of any court of record of a State, or before any collector of the customs, or before any properly qualified notary whose seal shall be attested by the clerk of the county in which he is resident, or before any notary public designated by the Secretary of the Treasury.
In case of the payment of the duties at the time of entry by any factor or agent on the merchandise entered by him, the condition of the bond shall be to produce the account of the proper owner or consignee, verified in manner as before directed, within ninety days from the date of such bond. Minimum bond.“The bond in no case shall be for less than one hundred dollars, and may not be required when the entered value of the merchandise does Cancellation of bond.not exceed one hundred dollars.
In the event of failure to produce the declaration of the owner or ultimate consignee within the time herein prescribed the bond may be cancelled, at the discretion of the Secretary of the Treasury, upon due proof that the factor or agent who entered the merchandise exercised proper diligence in the effort to fulfill the requirements of this Act.” " *Proviso*.General penal bond.*Provided,* That with the approval of the Secretary of the Treasury any agent, factor, or common carrier engaged in the entry of merchandise at the port of first arrival may give a general penal bond at said port for the production of the oaths of owners or ultimate consignees.
Said bond shall be fixed by the Secretary of the Treasury at an amount sufficient in his opinion to cover all obligations to the United States that may accrue, and the record and cancellation of liabilities under said general bond shall be in accordance with such rules as he may prescribe. Approved, March 2, 1905.