Quiero saber acerca de...

6G04
f Approve requests to exceed fixed assets limitations and waive violations.
of this limitation.
g Approve payment of cash or stock dividends, payment of bonuses, increases in salaries, employment of new person nel, and waivers of violation of salary and bonus limitations, provided the bo nuses and/or salary to be paid are rea sonable and that consent will not be given to any such payment if the pay ment will impair the borrowers cash position and if the loan is not current in all respects at the time the payment is made.
h Approve changes in use of loan proceeds in connection with partially dis bursed loans.
i Waive violations of agreements to maintain working capital of a specified amount.
3. To do and to perform all and every act and thing requisite, necessary and proper to be done for the purpose of effecting the servicing, administration and liquidation of any disaster loan in cluding, without limiting the generality of the foregoing, all powers, terms, con ditions, and provisions as authorized herein for other loans. Said powers, terms, conditions and provisions shall apply to all documents, agreements or other instruments heretofore or here after executed in connection with any loan included in the above functions where such documents, agreements or other instruments are now, or shall be hereafter, in the name of the Recon struction Finance Corporation or the Small Business Administration.
4. To take the following actions in the administration, collection and liqui dation of business or disaster loans:
a Approve or reject substitutions of accounts receivable and inventories.
b Release, or consent to the release of inventories, accounts receivable or cash collateral, real or personal property, offered as collateral on loan, including the release of all collateral when, loan is paid in full.
c Release dividends on life insur ance policies held as collateral for loans,, approve the application of same against premiums due; release or consent to the release on participation loans, of insur ance funds covering loss or damage to property securing the loan and expired hazard insurance policies.
d Approve the sale of real or per sonal property and the exchange of equipment held as collateral on loans.
e Defer until final maturity date payments on principal falling due prior to or within thirty days after initial disbursement and provide for the coin cidence of principal and interest pay ments.
5. To take peaceable custody of col lateral, as mortgagee in possession thereof or otherwise, whenever such ac tion becomes necessary to protect the interests of or a loan made by SB A; to take all steps necesary for the preserva tion and protection of the property, pending foreclosure of the lien and sale of the collateral; and, to obligate the Administration in an amount not in ex cess of a total of $1,000 for any one loan,
N O T IC E S
for these expenditures as may be re quired to accomplish these purposes.
6. To enter into written arrangements with custodians or caretakers of col lateral covering their services, which shall not have the effect of making such persons employees of SBA but shall be limited to their temporary services for the specific purpose involved.
7. To enter into written arrangements with owners of premises, when it is nec essary to use a building not part of the loan collateral for the storage of chat tels pending foreclosure and sale, for a period of not more than 90 days includ ing a period of 10 days after the date of sale of the collateral to permit orderly removal of the property from the premises.
8. To post indemnity or other bonds in proceedings in cases where such un dertakings are required by State law.
B. Correspondence. To sign all non policy making correspondence, except Congressional correspondence, relating to the financial assistance functions.
II. The specific authority delegated herein may not be redelegated.
m . All authority delegated herein may be exercised by any SBA employee designated as Acting Chief, Loan Admin istration Section.
Effective date: June 22, 1959.
G l e n n A. S w a n s o n , Chief, Financial Assistance Division, Minneapolis Regional Office.
F.R. Doc.

59-6625; FUed, Aug.
8:46 a.m.

Grounds for relief: Barge competi tion.
Tariff: Supplement 63 to Southwest ern Freight Bureau tariff I.C.C. 4308.
FSA No. 35617: Iron and steel arti cles Almeda, Tex., to the south. Filed by Southwestern Freight Bureau, Agent No. B-7607, for interested rail car riers. Rates on iron and steel articles, carloads from Almeda, Tex., to points in southern territory, including Mississippi River crossings, Memphis, Tenn., and South. , Grounds for relief: Market competi tion.
Tariff: Supplement 63 to Southwestern Freight Bureau tariff I.C.C. 4308.
FSA No. 35618: Fertilizer from the south to I.F.A., W.T.L., and southwest ern territories. Filed by O. W . South, Jr., Agent No. A3831, for interested rail carriers. Rates on fertilizer and fertilizer materials, in carloads from points in Kentucky, Louisiana, Missis sippi, and Tennessee, also Helena, Ark., to points in Illinois Freight Association, Western Trunk Line, and southwestern territories.
Grounds for relief: Market competi tion, short-line distance formula, and grouping.
Tariff: Supplements Nos. 46, 13, and 71 to Southern Freight Association tariffs I.C.C. 1568, 1637, and 1522, respectively.
By the Commission.
seal
H ar o ld D. M c C o y ,
Secretary.

11, 1959;

F.R. Doc. 59-6688; Filed, Aug. 12, 1959;
8:48 a.m.

Notice 167

FO U R TH S E C T IO N A P P L IC A T IO N S
FO R R E LIEF
A u g u s t 10, 1959.

Protests to the granting of an applica tion must be prepared in accordance with Rule 40 of the general rules of practice 49 CFR 1.40 and filed within 15 days from the date of publication of this notice in the F ed er al R e g is t e r .
L o ngand-S hort H aul
FSA No. 35615: Sugar from Montana and Washington to interstate points.
Filed by Trans-Continental Freight B u
reau, Agent No. 362, for interested rail carriers. Rates on sugar, beet or cane, in carloads from specified points in Mon tana and Washington to points in Illi nois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska and Wisconsin.
Grounds for relief: Market competi tion and restore origin relationships.
Tariffs: Supplement 24 to Trans continental Freight Bureau tariff I.C.C.
1612. Supplement 45 to Trans-Conti nental Freight Bureau tariff I.C.C. 1604.
FSA No. 35616: Iron and steel arti cles Illinois points to Corpus Christi, Tex. Filed by Southwestern Freight Bureau, Agent No. B-7587, for inter ested rail carriers. Rates on iron and steel articles, in carloads from Federal, Rock Falls, and Sterling, 111., to Corpus Christi, Tex.

M O T O R C A R R IE R TRA N SFER
P R O C E E D IN G S
A u g u s t 10, 1959.
Synopses of orders entered pursuant to section 212b of the Interstate Com merce Act, and rules and regulations prescribed thereunder 49 CFR Part 179, appear below:
As provided in the Commissions spe cial rules of practice any interested person may file a petition seeking recon sideration of the following numbered proceedings within 20 days from the date of publication of this notice. Pursuant to section 178 of the Interstate Com merce Act, the filing of such a petition will postpone the effective date of the order in that proceeding pending its dis position. The matters relied upon by petitioners must be specified in their petitions with particularity.
No. M C -F C 62263. By order of August 5, 1959 The Transfer Board approved the transfer to Rizzo Trucking, Inc., Brooklyn, New York, of the operating rights in Certificate No. MC 42286, issued M ay 5, 1954, to Michael Antonelli, doing business as M. Antonelli Trucking, Brooklyn, New York, authorizing the transportation, over irregular routes, of packing house products, bulbs, nursery stock, fertilizer, and bees wax, from and to specified points in New York, New Jersey, and Connecticut. Morris Honig, 150 Broadway, New York 38, New York.