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Customs Form 7553 TREASURY DEPARTMENT Rev. Jan., 1932

UNITED STATES CUSTOMS SERVICE

No.

TERM CONSUMPTION ENTRY BOND

(To redeliver merchandise, to produce documents, and to perform conditions of release, such as to label, hold for inspection, set-up, etc. To be taken in all cases when release is requested prior to inspection, examination, or liquidation)

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as sureties, are held and firmly bound unto the UNITED STATES OF AMERICA in the sum of dollars ($............................--------),

for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.

193

WITNESS Our hands and seals this day of WHEREAS, the said principal expects to enter certain imported articles at the port of within a period of one year from to and including and desires release of all or part of the articles prior to ascertainment by customs officers of the quantity and value thereof, and of the full amount of duties and charges due thereon, and prior to the decision by the proper officer as to the right of said articles to admission into the United States:

NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That

(1) If the above-bounden principal shall redeliver or cause to be redelivered to the order of the Collector of Customs, when demanded by such collector (the said demand to be made not later than twenty (20) days after the appraiser's report), such of the merchandise as was not sent to the public stores, and also shall redeliver to the collector, on demand by him, in accordance with law and regulations in effect on the date of the release of said articles, any and all merchandise found not to comply with the law and regulations governing its admission into the commerce of the United States, and if the said principal shall mark, label, clean, fumigate, destroy, export, and do any, and all other things in relation to said articles that may be lawfully required, and shall hold the same for inspection and examination; or if, in the event of failure to comply with any or all of the conditions hereinabove referred to, he shall pay the said collector an amount equal to the value of said articles as set forth in said entry, plus the duty thereon;

(2) And if the above-bounden principal shall deliver to the said collector such consular invoices, declarations of owners or consignees, certificates of origin, certificates of exportation, and other declarations, certificates, and documents as may be required by law or regulations in connection with the entry of said articles, and in the form and within the time required by law or regulations, or any lawful extension thereof, or in the event of failure to comply with any or all of the conditions of this section, shall pay to said collector such amounts as liquidated damages as may be demanded by him in accordance with the law and regulations, not exceeding the penal sum of this obligation for any breach or breaches thereof; Then this obligation to be void; otherwise to remain in full force and effect. Signed, sealed, and delivered in the

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signature, and his signature thereto is genuine; and that said bond was duly signed, sealed, and attested for and in behalf of said corporation by authority of its governing body.

[CORPORATE SEAL]

INSTRUCTIONS

1. The surety on this bond may be one corporation authorized by the Secretary of the Treasury to act as surety, or not less than two responsible individual suretics. Each individual surety must justify in an amount not less than the penalty of the bond and his sufficiency must be shown by affidavit made on Customs Form 3579.

2. A firm, as such, will not be accepted as a surety, nor a partner for copartners or for a firm of which he is a member. Stockholders of a corporate principal may be accepted as sureties provided their qualifications as such are independent of their stock holdings therein.

3. The name, including full Christian name, and residence of each individual party to the bond shall be inserted in the body thereof, and each such party shall sign the bond with his usual signature on the line opposite the scroll seal, and if executed in Maine or New Hampshire, an adhesive seal shall be affixed opposite the signature. The signature of each individual party to the bond shall be witnessed by two persons, who must sign their names as witnesses, followed by their addresses.

4. If the bond is given by persons composing a partnership, the execution of such bond by any member thereof, or by any person holding a power of attorney (which power, or a certified copy thereof, must be filed with the collector) authorizing him to execute the bond on behalf of such partnership, will bind the other partners in like manner and to the same extent as if such other partners had personally joined in the execution. Partnership bonds must be executed in the firm name, with the name of the member or attorney of the firm executing same appearing immediately below the firm signature. The names of all persons composing the partnership must appear in the body of the bond, as, for example, "A, B, and C, composing the firm of A, B, and Co."

5. If the principal or surety is a corporation, the name of the State in which incorporated shall be inserted in the appropriate place in the body of the bond; and the bond shall be executed in the corporate name, immediately followed by the signature of a person duly authorized to act in its behalf; and (except in cases to which Treasury Decision 34045 of January 5, 1914, is applicable) the bond shall be attested under the corporate seal. If the corporation has no corporate seal the fact shall be stated, in which case a scroll or adhesive seal shall appear following the corporate name.

6. The official character and authority of the person or persons executing the bond for the principal, if a corporation, shall be certified by the secretary or assistant secretary, according to the form attached thereto. In lieu of such certificate there may be attached to the bond copies of so much of the records of the corporation as will show the official character and authority of the officer signing, duly certified by the secretary or assistant secretary, under the corporate seal, to be true copies.

7. A married woman will not be accepted as surety. If an unmarried woman acts as surety, she must include in her affidavit on Customs Form 3579 a statement setting forth the fact that she is unmarried.

8. Bonds in which alterations and erasures occur must have placed upon them a statement by an agent of the surety company, or by the individual sureties, thereon, that such alterations or erasures were made prior to the signing of the bond; or if such alterations or crasures were made after the bond was signed, the consent of all the parties thereto must be written in the bond.

2-3352

Figure 42.-Term consumption entry bond (reverse).

V. S. GOVERNMENT TRINTING OFFICE: 1035

by proper sureties. In lieu of the required bonds, cash or other obligations of the United States may be deposited with appropriate customs officers as security. (See fig. 43.)

Customs Form 7851 TREASURY DEPARTMENT Rev. Jan., 1932

UNITED STATES CUSTOMS SERVICE

SINGLE CONSUMPTION ENTRY BOND

No....

(To redeliver merchandise, to produce documents, to perform conditions of release, such as to label, hold for inspection, set-up, etc. To be taken in all cases when release is requested prior to inspection, examination, or liquidation)

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as sureties, are held and firmly bound unto the UNITED STATES OF AMERICA in the sum of dollars ($...

for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.

dated

WITNESS Our hands and seals this.

day of

WHEREAS, certain articles have been imported at the port of

and entered at said port for consumption on entry No.

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193

WHEREAS, the said principal desires release of said articles prior to the ascertainment by customs officers of the quantity and value thereof, and of the full amount of the duties and charges due thereon, and prior to the decision by the proper officer as to the right of said articles to admission into the United States: Now, THEREFORE, THE CONDITION OF THIS OBLICATION IS SUCH, That

(1) If the above-bounden principal shall redeliver or cause to be redelivered to the order of the Collector of Customs, when demanded by such collector (the said demand to be made not later than twenty (20) days after the appraiser's report), such of the merchandise as was not sent to the public stores, and also shall redeliver to the collector, on demand by him, in accordance with law and regulations in effect on the date of the release of said articles, any and all merchandise found not to comply with the law and regulations governing its admission into the commerce of the United States, and if the said principal shall mark, label, clean, fumigate, destroy, export, and do any and all other things in relation to said articles that may be lawfully required, and shall hold the same for inspection and examination; or if, in the event of failure to comply with any or all of the conditions hereinabove referred to, he shall pay the said collector an amount equal to the value of said articles as set forth in said entry, plus the duty thereon;

(2) And if the above-bounden principal shall deliver to the said collector such consular invoices, declarations of owners or consignees, certificates of origin, certificates of exportation, and other declarations, certificates, and documents as may be required by law or regulations in connection with the entry of said articles, and in the form and within the time required by law or regulations, or any lawful extension thereof, or in the event of failure to comply with any or all of the conditions of this section shall pay to said collector such amounts as liquidated damages as may be demanded by him in accordance with the law and regulations, not exceeding the penal sum of this obligation for any breach or breaches thereof; Then this obligation to be void; otherwise to remain in full force and effect. Signed, sealed, and delivered in the

presence of

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The consignee is required to deposit with the collector of customs, at the time of making entry, unless the merchandise is entered for warehouse (see "Warehouse entry," "Bonded manufacturing warehouse entry"), or transportation (see "Immediate transportation with

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out appraisement entry," "Transportation and exportation entry,' "Exportation entry") or under bond (see "Six-month bond entry," "Permanent exhibition entry"), the amount of duty estimated to be due. (See fig. 44.)

Customs Form 7557

TREASURY DEPARTMENT

Rev. June, 1931

BOND FOR EXPORTATION OR TRANSPORTATION OR FOR TRANSPORTATION

AND EXPORTATION (Single Entry)

(Not required for merchandise withdrawn from warehouse, except when merchandise is transferred to and
shipped by a party other than principal on Warehousing Bond)

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as sureties, are held and firmly bound unto the UNITED STATES OF AMERICA in the sum of

dollars ($...

for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.

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Now, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That if the above-bounden principal shall properly and lawfully enter or withdraw for bona fide exportation or for transportation, or for transportation and exportation, and shall actually export or transport said articles to the destination named herein, and shall furnish the said Collector of Customs with proof that the said articles, if entered for exportation, were exported through a customs port of exit under customs supervision and landed beyond the limits of the UNITED STATES, or, if entered or withdrawn for transportation to another customs port, were delivered to the Collector of Customs at the port of destination and there properly entered, the said proof to be filed in the form and within the time required by law and regulations, or any lawful extension thereof, and if the said principal shall deliver to the Collector of Customs such invoices, certificates, declarations, or other documents as are required by law or regulations in connection with the entry or shipment of said articles and in the form and within the time required by law or regulations or any lawful extension thereof, or in the event of default if the obligors shall pay to the said Collector of Customs the full amount of duties and charges which may be found legally due on said articles, then this obligation to be void; otherwise to remain in full

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LIQUIDATION

Liquidation of entries is the final computation or ascertainment of the duties accruing thereon. The liquidation is final and conclusive at the expiration of 60 days from the date of liquidation, in the absence of the filing with the collector of a written protest by the importer. Where the amount of liquidated duties differs from the amount of estimated duties deposited at the time of entry, an appropriate adjustment is made with the importer.

RELEASE OF MERCHANDISE FROM CUSTOMS

Imported merchandise is released to or upon the order of the carrier by whom the merchandise is brought to the port at which the entry is made, except that merchandise in a bonded warehouse is released from customs custody only to or upon the order of the proprietor of the bonded warehouse. (See fig. 45.)

At port of arrival.-When an importer desires the release from customs at the port of arrival of his importation, he or his agent must be present to make the entry and pay the duties, if any, due.

At other than port of arrival.-If the importer wishes an importation to be released from customs at a port other than the port of arrival he must personally, or through an agent, make an immediate "Transportation without appraisement entry" at the port of arrival under which the shipment will be forwarded in bond to such other port. The customs formalities necessary to secure the release of the merchandise from customs are, under this procedure, postponed until the goods arrive at the destination of the bonded entry.

SHIPMENT IN BOND

Merchandise forwarded from one port to another in the United States under any of the forms of transportation entries described under "Customs entries" is a shipment in bond. Such shipments must be transported by a common carrier bonded to the Government and must be delivered safely into customs custody. In default of such delivery, the carrier is liable under its bond to the Government for liquidated damages computed in accordance with the terms of its bond as compensation for possible loss of revenue suffered by the Government.

CONSOLIDATED SHIPMENTS "PACKED PACKAGES"

Consolidated shipments to one consignee for various ultimate consignees may be included in one entry. Also, one or more packages arriving in one vessel or vehicle addressed for delivery to one person and imported in another package containing packages addressed for delivery to other persons, known as "packed packages," may be included in a single entry. The individual shipments in a consolidated shipment, and the several enclosures of a packed package, may be separately entered upon compliance with certain requirements.

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