Filing Rail Grain Loss Claims (Classic Reprint)

Download or read book Filing Rail Grain Loss Claims (Classic Reprint) written by Gene F Miller and published by Forgotten Books. This book was released on 2018-03-19 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Filing Rail Grain Loss Claims Thus, 147 pounds must be subtracted to arrive at the recoverable loss of pounds. A loss of pounds equals bushels, figuring at 5 6 pounds to the bushel. A point to remember at this step is that the value of gain lost in transit can be determined in several different ways. The claimant has the option of choos ing the price most beneficial to his interest. In effect, he can use the invoice price as used in this example, or he can use either the origin price on date of loading or the destination cash price on date of unloading. If the invoice price is f.o.b. Origin or if the origin cash price at time of loading is used, the freight charges on the weight of the loss from origin to the point of unloading are not deductible. Conversely, if the invoice price is f.o.b. Destination, or if the destination cash price on date of unloading is used, freight charges from origin to the point of unloading must be deducted from total value of the loss. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.