MODE OF PAYMENT
The customary terms of payment are:—A monthly account to run from the 20th of one month to the 19th of the next, payable during the succeeding month; thus goods invoiced from the 20th January to the 19th February shall be payable during March.
RETURNED EMPTIES
Carriage on returned empty frames, centres, boards, boxes, packing-cases, etc., is payable by the customer returning the same, unless special arrangements to the contrary are made.
EXCESS CARRIAGE
The excess carriage charged by the railway companies on smalls shall be paid by the purchaser.
MARKING REAMS
The actual weight ordered shall be marked on each ream at the mill.
LIMIT OF TIME
The limit of time for a mill to hold stock to order of the purchaser shall be six months from the date when the paper is advised as ready for delivery, such date not being earlier than that specified on the order, after which it shall be invoiced, and shall therefrom become the property of the purchaser, and remain at his sole risk and expense, and shall be paid for within thirty days of invoice.
DANDIES AND MOULDS
In all cases the purchaser shall pay for the dandy or moulds forthwith, but the maker shall allow an extra 2½ per cent. off the invoice for each delivery of paper made from such dandy until the cost of same is extinguished, after which it shall become the property of the maker. If after an interval of three years no further order has been received, the maker shall be at liberty to take out the watermark and make use of the frame as his property after giving thirty days' notice, provided nevertheless that the purchaser shall have the right of retaining the dandy or moulds by refunding one-half of the extra discount of 2½ per cent. allowed in respect of the cost.
