Federal Register - June 26, 1948

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Source: Federal Register

XONAU, A

U TTEPA

I SCRIPTA I

VOLUME 13

MANET I

1934

Nnto %

V T ,

JV

NUMBER 125

Washington, Saturday, June 26, 1948
ioint loan on their shares of such cotton.
In no case shall a share tenant or share cropper obtain a loan individually on Chapter II Production and Market cotton in which a landlord has an inter ing Administration Commodity est. In any case where a landlord ob Credit tains a loan on cotton in which a share 1948 C. C. C. Cotton Form 2
tenant or sharecropper has an interest, he must have the legal right to do so, and P art 256C otton L oans the share tenant or sharecropper must 1948 INTERIM COTTON LOAN INSTRUCTIONS
be paid his pro rata share of the pro Commodity Credit Corporation here ceeds.
b Eligible cotton. Eligible cotton inafter referred to as CCC will make loans available to eligible producers on shall be cotton produced in the United eligible cotton of the 1948 crop harvested States in 1948 which meets the following prior to the beginning of the regular 1948 requirements:
1 Such cotton must be of a grade Cotton Loan Program. These instruc tions state the requirements of CCC with and staple specified in the Table of Pre miums and Discounts at the end of reference to such loans.
256.201 to 256.215, inclusive.
Sec.
2 Such cotton must be represented 256.201 Definitions.
by warehouse receipts complying with 256.202 Forms.
the provisions of 256.210.
256.203 Amount.
3 Such cotton must not be com 256.204 Interest.
256.205 Maturity.
pressed to high density.
256.206 Classification of cotton.
4 Such cotton must not be false256.207 Preparation of documents.
packed, water-packed, reginned or re 256.208 Certification of producer.
packed and must not have been classed 256.209 Approved warehouses.
as pily, sandy, dusty, or seedy or reduced 256.210 Warehouse receipts.
in grade because of extraneous matter 256.211 Warehouse charges.
such as needle grass.
256.212 Liens.
256.213 Time and manner of tendering 5 Such cotton must be free and loans for purchase.
clear of all liens and encumbrances, ex 256.214 Lending agency.
cept those in favor of the warehouse in 256.215 Repayments.
which the cotton is stored, as specified in Authority: 256.201 to 256.215, inclusive, the Warehousemans Certificate and issued under sec. 302, 52 Stat. 43, as amended;
Storage Agreement in the 1948 Cotton 7 . S. C. 1302.
Producers Note and Loan Agreement 256.201 Definitions. As used In 1948 CCC Cotton Form M hereinafter 256.201 to 256.215, inclusive, unless the referred to as Form M.
6 Such cotton must have been pro context otherwise requires, the following terms will be construed respectively to duced by the person tendering it for a loan, and he must have the legal right mean:
a Eligible producer. An eligible proto pledge it as security for a loan.
7 If the person tendering such cot ducer shall be any person individual, partnership, firm, corporation, associa ton for a loan is a landlord or landowner, the cotton must not have been acquired tion, joint-stock company, trust, estate, or other legal entity, or a State or politi by him directly or indirectly from a share tenant or sharecropper and must not cal subdivision thereof, or an agency oi such State or political subdivision pro have been received in payment of fixed or standing rent; and if it was produced ducing cotton in 1948 in the capacity oi landowner, landlord, tenant, or share by him in the capacity of landlord, share cropper. Except as provided below, two tenant, or sharecropper, it must be his or more producers may not obtain a joint separate share of the crop, unless he is a loan, if the eligible cotton produced on a landlord and is tendering cotton in which farm has been divided among the pro both he and a share tenant or sharecrop per have an interest.
ducers entitled to share in such cotton, 8 Each bale of such cotton must each landlord, tenant, and sharecropper weigh at least 300 pounds.
May obtain a loan on his separate share.
c Approved lending agency. An ap If the cotton has not been divided, the proved lending agency shall be any bank, landlord and one or more of the share tenants or sharecroppers may obtain a Continued on p. 8511

TITLE 6 AGRICULTURAL CREDIT

CONTENTS
Agriculture Department
See also Commodity Credit Cor poration; Farmers Home Ad ministration; Forest Service.
Proposed rule making:
Milk handling:
Columbus, Ohio, area_______
Sioux City, Iowa, area_____
Peaches, fresh, in Georgia___
Rules and regulations:
Cotton export; terms and con ditions for sales___________
Limitation of shipments:
California and Arizona:
Lemons ___________
Oranges________________
Oranges, grapefruit, and tan gerines in Florida________
Peas, fresh, and cauliflower grown in Alamosa, Rio Grande, Conejos, Costilla, and Saguache Counties, Colo. ; budget of expenses and fixing of rate of assessment for 1948-49 fiscal year_____

Pase
3545
3544
3545
3513
3515
3515
3514

3513

Alien Property, Office of
Notices:
Vesting orders, etc.:
Copyrights of certain German nationals 5 documents_ 3561, 3562, 3563, 3564, 3570
Insel-Verlag--------------------- 3572
Springer, Julius 4 docu ments______ 3566, 3567, 3568
Staackmann, L__________ 3570
DeBuhr, Eilert______________ 3560
Hartley, Lillie B____________ 3561
Oncken, John W____________ 3561
Scharsich, Robert and Madlon_____________________ 3562
Schultz, Dr. Erwin Heinrich August Peter_____________ 3569
Strauch, Philip___________
3571
Thomas, Moritz R__________ 3572
Army Department
Rules and regulations:
Anchorage areas, special______ 3518
Bridge regulations____________ 3519
Fishing and hunting regula tions_____ ____________
3519
Military reservations, public land orders affecting; Alaska. 3516
Civil Aeronautics Administra tion
Rules and regulations:
Construction or alteration, notice____________________
3509

3516

About this edition

Federal Register - June 26, 1948

TitleFederal Register

CountryUnited States

Date26/06/1948

Page count64

Edition count7779

First edition14/03/1936

Last issue21/05/2026

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