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0N AL

REGISTE
VOLUME 12

1934

aiited

NUMBER 2 6

Washington, Friday, June 27,1 9 4 7

TITLE 6 AGRICULTURAL CREDIT
Chapter II Production and Marketing Administration Commodity Credit 1947 C. C. C. Wheat Bulletin 1
P art
251 W

h e a t L o a n s and P u r c h a s e . A gr e e m e n ts
1947 WHEAT LOAN AND PURCHASE AGREE
MENT PROGRAM BULLETIN

This bulletin states the requirements with respect -to the 1947 Wheat Loan and Purchase Agreement Program formu lated by Commodity Credit Corporation hereinafter referred to as CCC and the Production and Marketing Admin istration hereinafter referred to as PM A . Loans and purchase agreements will be made available on wheat pro duced in _1947 in accordance with this bulletin.
Sec.
251.101
251.102
251.103
251.104
251.105
251.106
251.107
251.108
251.109
251.110
251.111
251.112
251.113
251.114
251.115
211.116
251.117
251.118
251.119
251.120
251.121
251.122
251.123
251.124
251.125

Administration.
Availability of loans and purchase agreements.
Approved lending agencies.
Eligible producer.
Eligible wheat.
Eligible storage.
Approved forms.
Determination of quantity.
Determination of dockage, smut, and garlic.
Liens.
Service fees.
Set-offs.
Loan rates and purchase price.
Interest rate.
Transfer of producers equity.
Safeguarding of the wheat.
Insurance.
Loss or damage to the wheat.
Personal liability.
Maturity and satisfaction.
Removal of the wheat under loan.
Release of the wheat under loan.
Storage allowance.
Purchase of notes.
Offices of Grain Branch.

A u th o r ity : 251.101 to 251.125, inclusive, issued under sec. 7, 49 Stat. 4, as amended, sec. 1, 55 Stat. 498, sec. 8, 56 Stat. 767, sec. 1, 57 Stat. 566, 57 Stat. 643, secs. 1, 3, 204, 37 a , 58 Stat. 105, 106, 643, 784, sec. 5, 59 Stat. 51;
15 U. S. C. and Sup., 713a-8 a , 60 U. S. C.
App. Sup,, 968. Charterof Commodity Credit Corporation, Article Third, par. b .

251.101 Administration. The pro gram will be administered in the field by v
the county agricultural conservation committees under the general supervi sion of PMA. Forms may be obtained from county committees in areas where loans and purchase agreements are avail able, or from field offices of PMA.
County committees will determine or cause to be determined the quantity and grade of the wheat, the amount of the loan, and the value of the wheat deliv ered under a loan or purchase agree ment. All loan and purchase agree ment documents will be completed and approved by the county committee, which will retain copies of all documents. The county committee may designate in writ ing certain employees of the county agri cultural conservation association to ex ecute such forms on behalf of the com mittee. The county committee will fur nish the borrower with the names of local lending agencies approved for mak ing disbursements on loan documents, or with the address of the Grain Branch offieto which loan documents may be forwarded for disbursement.
251.102 Availability o/ loans and purchase agreementsa Area. 1
Loans shall be available on eligible wheat stored on farifis in the States and coun ties for which loan rates will be estab lished in Supplement 2 to this Bulletin.
2 Loans shall be available on eligible wheat stored in approved public grain warehouses in all areas.
3 "Purchase agreements shall be available on eligible wheat in all areas where loans are available.
b Time. Loans and p u r c h a s e agreements shaft be available through December 31, 1947.
251.103 Approved lending agencies.
An approved lending agency shall be any bank, cooperative marketing associa tion, corporation, partnership, individ ual, or other legal entity with which CCC has entered into a Lending Agency Agreement Form PMA-97 or other form prescribed by the Administrator.
251.104 Eligible producer. An eli gible producer shall be any individual, partnership, association, corporation, or other legal entity producing the wheat in 1947 as landowner, landlord, tenant, or sharecropper.
Continued on p. 4169

CONTENTS
Agriculture Department
Pa€e
1See also Commodity Credit Corpo
ration.
Rules and regulations:
Milk handlingtfn Massachusetts:
Fall River, Mass., área______
Greater Boston, Mass., area Lowell-Lawrence, Mass., area.
Poultry, dressed, and dressed domestic rabbits and edible products; form of application for inspection Corr._______

4172
4172
4172

4172

Alien Property, Office of Notices:
Vesting orders, etc.:
Allianz Lebensversicherungs A. G _______________
4186
Becke, Bruno, et al__________ 4186
Benner, Hedwig, et al_______ 4187
Dormisch, Michale:__________ 4187
Meyn, Heinrich___ _________ ; 4188
Peper, J. Heinrich C________ 4188
Sugamura. Mrs. Yoshiko___ 4188
Witte, Walter_______________ 4186

Coast Guard Rules and regulations:
Articles, dangerous, as ships stores and supplies on board vessels, use; miscellaneous , . amendments _____________
4184
Explosives or other dangerous articles or substances and combustible liquids on board vessels, transportation or stor age; miscellaneous amend ments_______ ______________ 4184

Commodity Credit Corporation Rules and regulations:
Wheat Loan and Purchase v Agreement Program Bulletin, 1947 ____________ _______ ____

4167

Customs Bureau Rules and regulations:
Airports of entry:
Dinner Key Seaplane Base, Miami, Fla.; revocation of designation_____________ _
Havre-Hill County Airport, Havre, Mont.; John G.
Hinde Airport, Sandusky, Ohio; Watertown Municipal Airport, Watertown, N. Y.;
redesignation without time limit----------------------- ---4167

4174

4174