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VOLUME 13

1934

A/ITEO

NUMBER 15

Washington, Thursday, January 22,1948
tained from the Cooperative Bank Com CONTENTS
missioner upon request.
Fa&e Real and personal properties acquired Agriculture Pepartment Chapter I Farm Credit Administra by the United States as a result of loans See also Farm Credit Administra tion, Department of Agriculture made from the Revolving Fund are tion; Federal Crop Insurance Farm Credit Administration Order 474
leased and sold in accordance with the Corporation.
provisions of 46 Stat. 13, as amended; 12 Rules and regulations:
P art 2 Organization, F unctions, and U. S. C. 1141b 7. Ordinarily, these P rocedures of the F arm C redit Cooperative extension service;
properties are advertised and sold on the A dministration, W ashington, D. C.
miscellaneous amendments 313
basis of sealed bids, reserving the right Delegation of authority to Chief P art 3F unctions of A dministrative to reject any and all bids. Each bidder 308
of Forest Service__________
O fficers is notified of the acceptance or rejection Exemption of certain economic of his bid.
CREATION OF REVOLVING FUND BY AGRICUL
poisons under Federal Insec Certain indebtedness of farmers being TURAL MARKETING ACT
ticide, Fungicide and Rodentiliquidated by the Farm Credit Adminis 1.
Sections 2.1 g and 2.2 e of Title tration in connection with the Agricul cide Act_________________
309
6, Chapter I, of the Code of Federal Reg tural Marketing Act Revolving Fund may Puerto Rico; allotment of di ulations 2 F. R. 2683 are hereby re be compromised, adjusted, or canceled, in rect-consumption portion of vised to read as follows :
appropriate cases, in accordance with 1948 sugar quota._________
310
58 Stat. 836; 12 U. S. C., Sup. 1150-1150c;
2.1 Organization.
g The Cooperative Division, headed and the regulations contained in Part 01 Alien Property, Office of by the Cooperative Bank Commissioner, of Subtitle A of this title. Applications of Notices:
conducts the liquidation of loans made debtors for compromise, adjustment, or Vesting orders, etc.:
to cooperative associations out of the cancellation of their debts should be sub Haub, Ferdinand__ ________
316
Revolving Fund created by the Agricul mitted on prescribed forms which may be Kuehner, Ludwig, and Matural Marketing Act 46 Stat. 11, as obtained from the Cooperative Bank thilde Kuehner_________
317
Comissioner upon request.
amended; 12 U. S. C. 1141-1141J.
Loesch, Louisa Beacher_____
315
Lohmeyer, Richard T_______
316
2.2 F u n c t i o n s a n d p r o c e
Sec. 40, 48 Stat. 51; 12 U. S. C. 636
Nagano, Moritaka_________
315
dures.
2.
Section 3.21
of Title 6, Chapter I, Nishikawa Brothers_______
316
e Functions with respect to Agricul of the Code of Federal Regulations 12
tural Marketing Act Revolving Fund. F.
Civil Aeronautics Board R. 2686 is hereby revised as follows:
The Farm Credit Administration, 3.21 Functions and duties of Cooper Notices:
through the Cooperative Division, con Chicago and Southern Air Lines, ducts the liquidation of loans made to ative Bank Commissioner with respect Inc. and Braniff Airways, cooperative associations by the Federal to the Agricultural Marketing Act Re Inc., Chicago-Houston Service Farm Board and the Farm Credit Ad volving Fund. The Cooperative Bank ministration out of the Revolving Fund Commissioner is authorized and em Case; hearing____________
317
created by the Agricultural Marketing powered; a To accept or reject appli Act 46 Stat. 11, as amendedr 12 U. S. C. cations for loans from the Revolving Farm Credit Administration 11411141j . Since loans to cooperative Fund authorized by the Agricultural Rules and regulations:
Revolving fund:
associationslor the purposes specified in Marketing Act 46 Stat. 11; 12 U. S. C.
the Agricultural Marketing Act are now 1141-1141j, in whole or in part, and to Administrative officers, funcavailable from the banks for cooperamake commitments therefor; to desig tions____ ____________
307
fives, loans under that act are not ordi nate such officers of the Cooperative Organization, functions, and narily made by the Farm Credit Admin Division as he may deem necessary and procedures______________ 307
istration out of the Revolving Fund, to prescribe their authority and duties;
except in furtherance of the liquidation b to execute, either in person or Federal Crop Insurance Cor of outstanding loans. The requirements through such officer as he may authorize, poration for such loans and the terms and con instruments for the release, modification, Rules and regulations:
ditions thereof are stated in the Agri removal, or revival of real and chattel Cotton crop insurance:
cultural Marketing Act.
mortgages, pledges, and other lien instru Annual contracts, 1948; dollar A cooperative association desiring to ments, and such other documents as may coverage insurance ____ 309
apply for a loan from the Revolving Fund be necessary to carry out his power and Continuous contracts, 1948
should submit an application on a pre authorities hereunder; c to perform and succeeding crop years;
scribed form to the Cooperative Bank any and all functions and duties, in ac yield insurance __________ 309
Commissioner, together with evidence of cordance with law, which the Governor the associations eligibility under the act; of the Farm Credit Administration is Federal Power Commission and of the authority of its officers to exe cute the loan documents, and statements authorized to perform with respect to Notices:
of its financial condition. Forms for the administration of the Agricultural Metropolitan Edison Co.; hearr making application for loans may be ob Continued on next page in g ______- _______ -
317
307

TITLE 6 AGRICULTURAL CREDIT