Title 10, Chapter 3, Section 3
( 10-3-3)
All promissory notes, contracts, or other evidences of debt taken by
any person, agent, company, or corporation for the purchase price of
any patent right, copyright, or proprietary right or territory for
the sale of any such right or for the sale of any patented article
or thing or copyrighted article or thing or where there is a
proprietary ownership or right and sold by such person, agent,
company, or corporation through or by any peddler, agent, or
traveling salesman traveling for the purpose of making such sales
shall have expressed on the face of such note, contract, or other
evidence of debt the consideration of the same, stating the thing or
article for which the same was given, provided this Code section
shall not apply to merchants or manufacturers selling and delivering
such goods directly from their stores or warehouses in the regular
course of business. |