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VOLUME 6

1934

r
4 AilTEO

NUMBER 234

Washington, Wednesday, December 3, 1941
Rules, Regulations, Orders TITLE 6AGRICULTURAL CREDIT
CHAPTER IICOMMODITY CREDIT
CORPORATION
1941 C. C. C. S o y b ea n F o rm 1
P art
2261941

S oybean L oans
INSTRUCTIONS

These instructions are issued pursuant to the provisions of Title IIIsection 302
a of the Agricultural Adjustment Act of 1938, as amended.
Commodity Credit Corporation has au thorized the making of loans in accord ance with these instructions upon the security of soybeans stored on farms and in approved warehouses.
8ec.
226.1
226.2
226.3
226.4
226.5
226.6
226.7
226.8
226.9
226.10
226.11
226.12
226.13
226.14
226.15
226.16
226.17

D e fin itio n s.
Form s.
Areas in w h ic h lo a n s w U l b e m a d e.
A m o u n t o f lo a n s.
M a tu rity a n d in t e r e s t r a te .
D e te r m in a tio n o f q u a n tit y o f so y
bean s.
Farm storage.
C h a ttel m o rtg a g es.
P u b lic w a reh o u ses.
W areh ouse r ec e ip ts.
L iens.
In su ra n ce.
C o u n ty A g ricu ltu ra l C o n ser v a tio n C o m m ittee.
Sou rce o f lo a n s.
P u rch a se o f lo a n s.
Offices o f C o m m o d ity C red it C orpo ra tio n .
R elea se o f c o lla tera l.

226.1 Definitions. For the purpose of these instructions and the notes and chattel mortgages related thereto, the terms shall be construed, respectively, to mean:
a Eligible producer. Any p e r s o n partnership, association, or corporation, producing soybeans as landlord, landowner, or tenant, upon whose farm the 1941 total soil-depleting acreage does not exceed the total soil-depleting acreage al lotment established for the farm under the 1941 Agricultural Conservation Pro gram.
b Eligible soybeans. Soybeans of any class, grading No. 4 or better, which
were produced in 1941, the beneficial in terest to which is and always has been in the eligible producer, will be eligible for a loan; except that soybeans grading weevily, or which are musty, sour, heat ing, or have any commercially objection able foreign odor, or which Contain in excess of 15 percent moisture if stored on the farm, or in excess of 18 percent mois ture if stored in approved warehouses, shall not be eligible for a loan.
c Eligible storage. Éligible storage shall include approved warehouses and farm storage meeting the following re spective requirements:
1 Warehouses which have met the requirements of Commodity Credit Cor poration, and have executed a Uniform Grain Storage Agreement C.C.C. Form H including soybeans in the definition of eligible grain.
2 Farm storage shall consist of farm bins and granaries which are of such substantial and firm construction as to afford safe storage of the soybeans and permit effective fumigation for the de struction of insects, and afford protec tion against rodents, other animals, thieves, and weather, as determined by State and county agricultural conserva tion committees.
d Lending agency. Any bank, co operative marketing association, or other corporation, partnership, or person, which has a Contract to Purchase with Commodity Credit Corporation.
e Eligible paper. Eligible paper shall consist of notes of producers, se cured by chattel mortgages or warehouse receipts representing soybeans in exist ence and undamaged. Such notes must be dated on or subsequent to October 1, 1941, and prior to January 31, 1942, and must be executed in accordance with these instructions, with State docu mentary revenue stamps affixed thereto, where required by law. A note executed by an administrator, executor, or trustee, will be acceptable only where valid in law.
226.1 t o 226.17, in c lu siv e , is su e d u n d e r a u th o r ity c o n ta in e d in sec. 302 a , 52 S ta t.
43; 7 U .S.C . S u p ., 1302.

CONTENTS
RULES, REGULATIONS, ORDERS
T itle 6A gricultural Credit:

PaS

Commodity Credit Corporation:
Soybean loans, 1941, instruc tions __________________

6163

T itle 7A griculture:

Surplus Marketing Administra tion:
Milk handling, various mar keting areas; amend ments of m a r k e t i n g orders:
Fall River, Mass_________
Fort Wayne, Ind-------------La Porte County, Ind__-----

6168
6167
6166

T itle 16Commercial P ractices:

Federal Trade Commission:
Cease and desist orders:
Chicago Medical Book Co 6174
Queen Chemical Co---------- 6175
T itle 19Customs D uties :

Bureau of Customs:
Ogdensburg Municipal Airport, N. Y., designation as air port of entry------------------

6175

T itle 21F ood and D rugs:

Food and Drug Administration:
Label statements concerning properties of foods for special dietary uses, cor rection of order________ 6176
Wheat flour and r e l a t e d products, definitions and standards of identity;
postponement of effective date of riboflavin require ment__________________
6175
T it l e 30M in e r a l R e s o u r c e s :
Bituminous Coal Division:
Minimum price schedules, relief ordrs, etc.:
District No. 7____________ 6176
District No. 8------------------ 6177
District No. 10----------------- 6178
District No. 14 4 docu ments _ 6178, 6179, 6181, 6183
T it l e 32 N a t io n a l D e f e n s e :
Office of Price Administration:
Relaying rail, price schedule., 6185
C o n tin u e d o n n e x t p a g e

6163