Federal Register - September 17, 1948

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Source: Federal Register

-rONAL A f a
VOLUME 13

t f lV r r E O

NUMBER 182

Washington, Friday, September 17, 1948

TITLE 6 AGRICULTURAL CREDIT
Chapter II Production and Market ing Administration Commodity Credit 1948 C. C. C. Corn Bulletin 1
P art
248C orn
L oans and P urchase A greements
1948 CORN PRICE SUPPORT BULLETIN

This bulletin states the requirements with respect to the 1948 Corn Loan and Purchase Agreement Program, formu lated by Commodity Credit Corporation hereinafter referred to as CCC and the Production and Marketing Administra tion hereinafter referred to as PMA.
Loans and purchase agreements will be made available on corn produced in 1948
in accordance with this bulletin.
Sec.
248.201 Administration.
248.202 Availability of loans and purchase agreements.
248.203 Approved lending agencies.
248.204 Eligible producer.
248.205 Eligible corn.
248.206 Eligible storage.
248.207 Approved forms.
248.208 Determination of quantity.
248.209 Determination of dockage.
248.210 Liens.
248.211 Service fees.
248.212 Set-offs.
248.218 Interest rate.
248.214 Transfer of producers equity.
248.215 Safeguarding of the corn.
248.216 .Insurance.
248.217 Loss or damage to the corn.
248.218 Personal liability. .
248.219 Maturity and satisfaction.
248.220 Removal of the corn under loan.
248.221 Release of th e corn under loan.
248.222 Purchase of notes.
248.223 CCC field offices.
Authority: 248.201 to 248.223, inclusive, issued under sec. 8, 56 Stat. 767; sec. 5 a , Pub. Law 806, 80th Cong.; 50 U. S. C. App. 968.

248.201 Administratoin. The pro gram will be administered in the field by PMA through State PMA committees, county agricultural conservation com mittees hereinafter referred to as county committees, and CCC field offlces. The program will be under the general super vision and direction of the Manager of COC.
Forms will be distributed through the offices of State and county committees.
County committees will determine or cause to be determined the quantity and
grade of the corn, the amount of the CONTENTS
loan or purchase and the value of the corn delivered under the program. All Agriculture Department purchase and loan documents will be . Rules and regulations;
completed and approved by the county Corn loans and purchase agree committee, which will retain copies of ments; 1948 price support----all such documents. The county com Pears, fresh Bartlett, plums, and mittee may designate in writing certain Elberta peaches in California;
employees of the county agricultural budget of expenses and rates conservation association to approve of assessment for 1948-49----forms on behalf of the committee.
Alien Property, Office of The county committee will furnish the borrower with the names of local lend Notices;
ing agencies approved for making dis Vesting orders:
bursement on loan documents or with Ammann, Herta Luise--------the address of the CCC field office to Bcher, Claras____________
which loan documents may be forwarded Bar, Hans J ------ --------------for disbursement.
Bartig, Hugo Gustav_______
Berndt, Reinhold_________
248.202 Availability of loans and Dorner, Hermann I. A_____
purchase agreementsa Area, 1
Gillardon, Julius L_______
Loans shall be available on eligible ear Hauffe, Emelie____________
and shelled corn stored on farms in the Iseri, Isami_______________
States and counties for which loan rates Mauri, I_____________ -----will be established in Supplement 1 to Mathisson, Karin___ ;------this bulletin. Loans will not be avail Nagamatsu, Hajime-----------able on warehouse-stored corn.
Perske, Herman G________
2 Purchase agreements shall be Redmann, Rudolf_________
available on eligible corn in all areas Riedel, William___________
where loans are available and in other Rycken, Lilly Alexa------------States or counties for which rates may Utrecht, Louise, et al_______
be established for the purchase agree Wallman, Gerd_, ------------ment program only.
Wallman, Louis, et al---------b Time1 Loans. Loans shall be available from time of harvest through Army Department June 30,1949, except inareas designated by State PMA committees as angoumois Rules and regulations:
Agencies of public contact, re moth infestation areas where loans will lations ______
be available only through March 31,1949.
Arrest and confinement of per The applicable loan documents must be sons not subject to military signed by the producer and delivered or law _____________________
mailed >&Xhe county committee not later than such dates.
Assistance:
2 Purchase agreements. Purchase Creditor by Department of agreements shall be available to pro Army____ ___ 1_________
ducers from time of harvest through Deceased personnel, relatives June 30,1949, and must be signed by the and others in connection producer and delivered or mailed to the w ith__________________
county committee not later than such Relief___________________
date.
Bands, civilian; competition c Source. Loans shall be made to w ith____________________ j producers direct by CCC field offices and Chaplains___________ _______
by approved lending agencies. Pur Correspondents, technical ob chase agreements shall be made through servers and service specialists the offices of eounty agricultural con accompanying U. S. Army servation committees.
farces in the field------------- 248.203 Approved lending agencies.
Decorations, manufacture of__
An approved lending agency shall be any Flags______________________
bank, cooperative marketing association, Information, technical; safe guarding _________________
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Federal Register - September 17, 1948

TitreFederal Register

PaysÉtats-Unis

Date17/09/1948

Page count36

Edition count7775

Première édition14/03/1936

Dernière édition15/05/2026

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