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FEDERAL
VOLUME 6

9 3 4

Oa h t e d

NUMBER 138

Washington, Thursday, July 17, 1941
Rules, Regulations, Orders TITLE 6AGRICULTURAL CREDIT
CHAPTER IICOMMODITY CREDIT
CORPORATION
1941 CCC Rye Form 1 Instruction
P art 219 1941 R ye L oans COMMODITY CREDIT CORPORATION INSTRUC
TIONS CONCERNING LOANS ON 1941 RYE

These instructions are issued pursuant to the provisions of Title m , sec. 302 a of the Agricultural Adjustment Act of 1938, as amended.
Commodity Credit Corporation has authorized the making of loans in ac cordance with these instructions upon the security of rye stored on farms.
Sec.
219.1
219.2
219.3
219.4
219.5
219.6
219.7
219.8
219.9
219.10
219.11
219.12
219.13
219.14

D efinitions.
Areas.
Am ount of loans.
M aturity and Interest rate.
D eterm ination o f q u a n tity o f rye.
Farm storage.
Liens.
Insurance.
County agricultural conservation com m ittees.
Source and preparation o f docu
m ents.
Source of loans.
Purchase of loan.
Offices of th e representatives of Com m odity Credit Corporation.
Release o f collateral.

219.1 Definitions. For the purpose of the instructions in this part and the notes and chattel mortgages relating thereto, the following terms shall be con strued, respectively, to mean:
a Eligible producer. Any person, partnership, association or corporation producing rye as landowner, landlord, or tenant upon whose farm the 1941 total soil-depleting acreage does not exceed the total soil-depleting acreage allot ment for the farm under the 1941 Agri cultural Conservation Program.
b Eligible rye. Rye grading No. 2
or better or rye grading No. 3 solely on the factor of test weight but otherwise grading No. 2 or better produced in 1941, the beneficial interest to which is and always has been in the eligible producer.

Rye grading tough, light smutty, smutty, light garlicky, garlicky or rye containing in excess of one percent 1% ergot shall not be eligible for a loan. Rye con taining in excess of %o of one percent, but not in excess of one percent 1%
ergot shall be eligible for a loan at dis counts set out in 219.3 hereof.
c Eligible storage shall consist of farm bins and granaries which are of such substantial and firm construction as to afford safe storage of the rye for a period of two 2 years and permit effective fumigation for the destruction of insects and afford protection against rodents, other animals, thieves, and weather, as determined by the county agricultural conservation committees.
d Lending agency. Any bank, co operative marketing association, or other corporation, partnership, or person mak ing loans in accordance with these instructions, which has executed the Contract to Purchase on 1940 CCC
Form E.
e Eligible paper. Eligible paper shall consist of notes of producers secured by chattel mortgages representing rye in existence and undamaged from the perils of fire, lightning, inherent explosion, cyclone, tornado, windstorm and flood, dated on or subsequent to June 1, 1941, and prior to January 1, 1942, and exe cuted in accordance with these instruc tions, with State documentary revenue stamps affixed thereto, where required by law. Notes executed by an administra tor, executor, or trustee will be acceptable only where valid in law.
219.1 to 219.14, inclusive, issued under th e au th ority contained in sec. 302 a , 62
S tat. 43; 7 U.S.C., Sup., 1802.

219.2 Areas. Loans will be made on eligible rye stored on farms in the States of Michigan, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming.
219.3 Amount of loans. The loan value for eligible rye grading No. 2 or better, or rye grading No. 3 solely on the factor of test weight but otherwise grad ing No. 2 or better, shall be thirty-five 35 cents per bushel less than the ap plicable farm storage loan value for No.
2 Hard Winter Wheat under the 1941

CONTENTS
RULES, REGULATIONS, ORDERS
T itle 6A gricultural C redit :

Commodity Credit Corporation:
Loan instructions, 1941:
Barley__________________
R ye-------------------------------

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T itle 7 A griculture :

Agricultural Adjustment Admin istration:
Wheat referendum results, 1941-1942 m a r k e t i n g year__________________
Agricultural Marketing Service:
Grain warehouse regulations, Amendment No. 3---------Marketing of perishable agri cultural products; regula tions and rules of prac tice ____
Bureau of Entomology and Plant Quarantine:
Gypsy moth and broth-tail moth quarantine, instruc tions modified_________
Federal Crop Insurance Cor poration:
Wheat crop insurance regu lations, 1942----------------T itle 24H ousing C redit :
Federal Savings and Loan Insur ance Corporation:
Advertisement of insurance of accounts, amendment__
T itle 31M oney and F inance :

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T reasury :

Monetary Offices:
Foreign exchange transac tions, general license amended_______________
T itle 43P ublic L ands: I nterior :
General Land Office:
Lease or sale of tracts in ex cess of five acres in irreg ular sections____________
NOTICES
Department of Agriculture:
Office of the Secretary:
Delegation of regulatory pow ers 3 documents______
C ontinued on n ext page
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