Federal Register - June 9, 1950
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Source: Federal Register
VOLUME 15
number
V1
Washington, Friday, June 9, 1950
September 1, 1950, only in cases where the eligible corn was in transit prior to Chapter IV Production and Market August 1, 1950, but the warehouse re ing Administration and Commodity ceipts were not issued before August lr Credit Corporation, Department of 1950: Provided, That, not later than August 1,1950, the producer obtains the Agriculture approval of the county committee in Subchapter C Loans, Purchases, and Other writing and certifies that he will deliver Operations such warehouse receipts to the county 11949 O. C. O. Corn Bulletin 1, Amdt. 1J
committee as soon as they are issued.
I f such corn is stored on other than P art 606 C o r n identity preserved or specially binned STTBPART 1949 CORN LOAN AND PURCHASE
basis, it will be purchased on the basis AGREEMENT PROGRAM
o f weight, grade, and other quality fac tors shown on the warehouse receipts The regulations issued by Commodity and/or accompanying documents; or if Credit Corporation and the Production such corn is delivered to a CCC storage and Marketing Administration published in 14 P. R. 6039, 6161, 6278; 15 P. R. 1584
facility it will be purchased on the basis and 2775, governing the making of loans of the weight, grade and other quality and containing the requirements of the factors determined by the county com purchase agreement program on corn mittee in accordance with instructions produced in 1949 are hereby amended as for the determination of such factors follows:
under the loan program and agreed to In 606.119 Maturity and satisfaction, by the producer at the time o f delivery.
paragraph c Purchase agreements, is I f such corn is stored on an identity hereby amended to read asfollows:
preserved or specially binned basis, c Purchase agreements. The pro it will be purchased on the basis of weight, grade and other quality factors ducer who signs a purchase agreement determined at the time of purchase.
Commodity Purchase Form 1 will not be obligated to deliver any corn to CCC.
In the case of eligible corn stored in other than approved warehouse storage, However, the quantity he stated in the the county committee will on or after purchase agreement will be the maxi August 1, 1950, issue delivery instruc mum quantity he may deliver to CCC.
I f the producer who signs a purchase tions to the producer unless delivery has agreement wishes to sell corn to CCC, already been made as provided in para he must notify the county committee of graph a of this section. The producer his intention to sell in accordance with must then complete delivery within a paragraph a of this section.
15-day period immediately following the date the county committee issues deliv In the case of eligible corn stored in ery instructions unless the county com an approved warehouse, the producer mittee determines more time is needed must on August 1, 1950, submit ware for delivery. The eligible corn will be house receipts, under which the ware purchased on the basis of weight, grade houseman guarantees quality and and other quality factors determined at quantity, to the county committee for the time of delivery.
the quantity of such corn he elects to sell In all areas the quantity of corn de to CCC but not in excess of the number livered must not be in excess of the num of bushels shown on Commodity Pur ber of bushels shown on Commodity chase Form 1. The producer may, if he Purchase Form 1 and the corn will be so desires, leave the warehouse receipts purchased at the applicable settlement with the county committee prior to Au value for the approved point of delivery.
gust 1, 1950, but they will not be pur When delivery is completed, payment chased until that date and will be will be made by a sight draft drawn oh returned to the producer, upon request, CCC by the State PMA office on the basis at any time prior to such date. The pro of Commodity Purchase Form 4. A producer may submit such warehouse re ceipts after August 1 but not later than Continued on p. 3605
TITLE 6 AGRICULTURAL CREDIT
CONTENTS
Agriculture Department
PaSe
See Production and Marketing Administration.
Alien Property, Office of Notices:
Vesting orders, etc.:
Appleton, Francis R., Jr., and Jeanie Copinger___________
Becker, Pauline_____________
De la Blanchetai, Aglae_____
Gruhn, Axel_________________
Herrmann, K a rl_____________
Kemmler, Alfred____________
Kramhoft, Otto Andreas Frederiksen________________
Pfefferkorn, Paul____________
Société Anonyme Chimie et Atomistique______________
Ziegel, Olivier_______________
3662
3662
3661
3661
3660
3660
3662
3661
3662
3661
Civil Aeronautics Board Notices:
American Airlines, Inc., and Colonial Airlines, Inc.; hear ing on service to Toronto case_
Proposed rule making:
Local area air carrier operating certificates; issuance for air craft under 12-,500 pounds maximum certificated takeoff w eight______________________
3657
3654
Commodity Credit Corporation Rules and regulations:
Corn, 1949:
Loan and purchase agreement program___________________
Reseal loan program_________
Potatoes, Irish, price support program, 1950-_____________
3603
3605
3605
Customs Bureau Rules and regulations:
Classes of merchandise, special- 3619, 3620
Drawback; m i s c e l l a n e o u s amendments_________________ 3621
Liability for duties, entry of im ported merchandise------------ 3620
Relief from duties on merchan dise lost, stolen, destroyed, injured, abandoned, or shortshipped _____________________ 3621
Transportation in bond and merchandise in transit-______ 3621
Vessels in foreign and domestic trades; permits to unlade or lade_________________________ 3619
3603