HERBERT R. O'CONOR, GOVERNOR. 395

(a) a designation of the entruster and the trustee,
and of the chief place of business of each within this State,
if any; and if the entruster has no place of business within
the State, a designation of his chief place of business out-
side the State; and

(b) a statement that the entruster is engaged, or ex-
pects to be engaged, in financing under trust receipt trans-
actions the acquisition of goods by the trustee; and

(c) a description of the kind or kinds of goods cov-
ered or to be covered by such financing.

(2) The following form of statement (or any other
form of statement containing substantially the same infor-
mation) shall suffice for the purposes of this Article:

"Statement of Trust Receipt Financing
"The entruster.................................................................................. whose chief

place of business within this State is at................................................

(or who has no place of business within this State and
whose chief place of business outside this State is at
......................................................................................... ) is or expects to be engaged

in financing under trust receipt transactions the acquisi-
tion by the trustee,............................................................................... whose chief

place of business within this State is at.........................................................

.................................................................................... of goods of the following de-
scription: (coffee, silk, automobiles, or the like. )

(Signed)............................................................................ Entruster.

(Signed)............................................................................... Trustee. "

(3) It shall be the duty of the filing officer to mark
each statement filed with a consecutive file number, and
with the date and hour of filing, and to keep such statement
in a separate file; and to note and index the filing in a
suitable index, indexed according to the name of the trus-
tee and containing a notation of the trustee's chief place
of business as given in the statement. The fee for such
filing shall be one dollar ($1. 00).

(4) Presentation for filing of the statement described
in sub-section (1), and payment of the filing fee, shall con-
stitute filing under this Article, in favor of the entruster,
as to any documents or goods falling within the descrip-
tion in the statement which are within one year from the
date of such filing, or have been, within thirty days pre-
vious to such filing, the subject-matter of a trust receipt
transaction between the entruster and the trustee.

(5) At any time before expiration of the validity of
the filing, as specified in sub-section (4), a like statement,
or an affidavit by the entruster alone, setting out the infor-
mation required by sub-section (1), may be filed in like
manner as the original filing. Any filing of such further
statement or affidavit shall be valid in like manner and for