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T hursday, J u ly 12, 1956

FEDERAL REGISTER

5161

whether the requirements with respect insurance company, before a loan will be made and the warehouseman must also to succession have been met.
c The beans must be dry edible certify th at the insurance has been as Title 24
Page beans of the classes Pea, Medium White, signed to him with the consent of the Chapter I:
Great Northern, Small White, Plat Small insurance company. Insurance is not Part 145_____________ -______5190
in order for warehouse receipts Part 163___
5190 White, Pink, Small Red, Pinto, Red Kid required to be purchased under the purchase ney, Large Lima and Baby Lima.
Title 25
d The beans m ustnot contain mer agreement program.
Chapter I:
c Each warehouse receipt or the curial compounds or other substances Part 183_______________ ____ 5191 poisonous to man or animals.
warehousemans supplemental certificate e 1 Beans placed under ware house-storage loan must grade U. S. the warehouse receipt, must show the Chapter I ODM :
DMO 1-1___________
5191 Choice Handpicked, U. S. Extra No. 1, gross and net weight of beans, the class and the grade or all grading factors used U. S. No. 1, or U. S. No. 2.
Title 50
2 Beans placed under farm-storagein the determination of the quality of Chapter I:
loan must meet the requirements set the beans.
Part 104____________
5191 forth in subparagraph 1 of this para d In the case of identity-pre graph for warehouse-storage loans, or served beans, the warehouse receipt 2 A cooperative marketing associa must be beans hereinafter referred to shall show the lot number and number tion of producers shall be deemed to be as thresher run beans which have not of bags in the lot, and the producer must an eligible producer for warehouse-stor been commercially cleaned; which con execute the supplemental certificate and age loans and purchase agreements on tain hot in excess of 18 percent moisture; assume responsibility for the quantity any class of eligible beans produced by which, after deduction of foreign mate and quality indicated thereon.
e The warehouse receipt may be eligible producer-members, provided, i rial, contain not more than 8 percent of all beans of such class marketed or ac other defects, as these terms are defined subject to liens for warehouse charges quired by the association are produced in the United States Standards for only to the extent of the charges indi by producer-members; ii the associa Beans; which are not musty, moldy, sour, cated in 421.1784 b.
tion does not release any such beans for heating, hot, weevily, materially weath 421.1780 Determination of quan the purpose of permitting producerered, or otherwise of distinctly low qual titya When loans are made1
ity;
and which do not have any commer members to obtain individual price sup Farm-storage or identity-preserved port loans or purchase agreements; iii cially objectionable odor.
warehouse-stored beans, i At the f Beans delivered under a purchase the proceeds of the eligible beans m ar time the loan is made, the quantity of agreement must grade U.
S.
Choice keted by the association are shared pro beans may be determined either by portionately among the eligible pro Handpicked, U. S. Extra No. 1, U. S. No. weight or, if stored in bulk, by measure ducer-members according to the class, 1, or U. S. No. 2.
ment. Where the. quantity is deter g If offered as security for a farm - mined by measurement, 2.1 cubic feet quality and quantity of such beans each delivers to the association; association has authority to obtain a stored in the storage structure for at ii In the case of bagged beans grad loan on the security of the beans and least 30 days prior to inspection for meas ing U. S. No. 2 or better, loans shall be urement, sampling, and sealing, unless to give a lien thereon as well as authority made on the net weight of the lot or on otherwise approved by the State a quantity determined by multiplying to sell such beans.
committee.
3 All determinations with respect to the number of bags by 100 pounds, cooperative marketing associations of 421.1779 Warehouse receipts. Ware whichever is the smaller. In the case of producers pursuant to this section shall house receipts, representing beans in ap other eligible beans, loans shall be made be made by or under the direction of the proved Warehouse-storage to be placed on the basis of the net weight of sound State committee.
under loan or to be delivered under a beans in the lot. Sound beans, shall be 421.1778 Eligible beans. At the purchase agreement must meet the fol beans free of dockage and other defects as defined in the United States Stand tíme the beans are placed under loan or lowing requirements:
a Warehouse receipts must be is ards for Beans.
delivered under a purchase agreement, iii If the beans are stored in sacks, a they must meet the following require sued in the name of the producer or co operative marketing association, must be deduction of % pound per sack shall be ments: in 1956 by an eligible producer.
2 Commingled warehouse-rstorage b 1 The beneficial interest in the under CCC Form 28, Bean Storage beans must be in the producer tendering Agreement. The receipts must be ne beans. The quantity on which a loan the beans for loan or for delivery under gotiable and must cover eligible beans shall be made shall be the net weight of beans shown on the warehouse receipt a purchase agreement and must always actually in store in the warehouse.
b In order to be acceptable under or supplemental certificate.
have been in him or in him and a former b At time of delivery or acquisition producer whom he succeeded before the the loan program, each warehouse re Delivery from other than an ap beans were harvested. In the case of ceipt, or the accompanying supplemen 1
cooperative marketing associations, the tal certificate, must contain a statement proved warehouse or delivery or acquisi beneficial interest in the beans must have th at the beans are insured in accordance tion as identity-preserved in an approved been in the producers who delivered the with CCC Form 28, Bean Storage Agree warehouse: The net weight of beans de beans to the association and must always ment, and if such insurance was not livered to CCC from other than an ap have been in them or in them and former effective as of the date of deposit of the proved warehouse, or delivered to or producers whom they succeeded before beans in the warehouse the warehouse acquired by CCC in an approved ware m an must certify as to the effective date house as identity-preserved beans the beans were harvested.
2 To meet the requirements of suc of the insurance and th at the beans are shall be determined by weighing the cession to a former producer, the rights, in the warehouse and undamaged. The . beans. If all the beans in the lot are not responsibilities and interest of the insurance on commingled beans must be weighed, the net weight shall be deter former producer with respect to the obtained by the warehouseman. Insur mined by multiplying the average net farming unit on which the beans were ance on beans with respect to which the weight of the bags weighed but not less Produced shall have been substantially warehouseman does not guarantee quan than 10 percent of the bags in the lot assumed by the person claiming succes tity and quality hereinafter called iden by the total number of bags in the lot.
sion. Mere pinchase of the crop prior tity-preserved beans must be obtained The producer will be credited, with the to harvest, without acquisition of any by either the producer or the warehouse n et weight delivered or acquired or with additional interest in the farming unit, man. If the insurance is obtained by the a quantity determined by multiplying shall not constitute succession. The producer, it must be assigned to the the number of bags in the lot by 100
county committee shall determine warehouseman, with the consent of the pounds, whichever quantity is less.