Federal Register - May 3, 1951
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Source: Federal Register
1 IUTTCTR
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SCRIPTA I
MANET
VOLUME 16
1934
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A//TEO
NUMBER 86
Washington, Thursday, May 3, 7951
TITLE 6 AGRICULTURAL CREDIT
Chapter IV Production and Market ing Administration and Commodity Credit Corporation, Department of Agriculture Subchapter C Loans, Purchases, and Other Operations 1951 C. C. C. Grain Price Support Bulletin 1, Supp. 1, Flaxseed P art 601 G r a in s a n d R elated C o m m o d it ie s SUBPART 1951-CROP FLAXSEED LOAN
PURCHASE AGREEMENT PROGRAM
AND
A price support program has been an nounced for the 1951 crop of flaxseed.
The 1951 C. C. C. Grain Price Support Bulletin 1 16 P. R. 1987, issued by the Commodity Credit Corporation and con taining the general requirements with respect to price support operations for grains and related commodities pro duced in 1951, is supplemented as fol lows:
Sec.
601.875
601.876
601.877
601.878
601.879
601.880
601.881
601.882
601.883
601.884
Purpose.
Availability of price support.
Eligible flaxseed.
Warehouse receipts.
Determination of quantity.
Determination of quality.
Maturity of loans.
Support rates.
Warehouse charges.
Settlement.
A u t h o r i t y : Secs. 601.875 t o 601.884 issued under sec. 4, 62 Stat. 1070, as amended; 15
U. S. C. Sup., 714b. Interpret or apply sec.
5, 62 Stat. 1072; secs. 301, 401, 63 Stat. 1053, 1054; 15 U. S. C. Sup., 714c, 7 U. S. C. Sup., 1447, 1421.
601.875 Purpose. Sections 601.875
to 601.884 state additional specific re quirements which, together with the general requirements contained in the 1951 C. C. C. Grain Price Support Bulle tin 1 16 F. R. 1987, apply to loans and purchase agreements under the 1951Crop Flaxseed Price Support Program.
601.876 Availability of price sup port a Method of support. Price sup port will be made available through farm-storage and warehouse-storage loans and through purchase agreements.
b. Area. Farm-storage and ware house-storage loans and purchase agree ments will be available wherever flaxseed is grown in the continental United
States, except in Texas counties desig nated under the 1951 Texas Flaxseed Purchase Program 16 F. R. 3425.
Farm-storage loans will not be available in areas where the PM A State committee determines that flaxseed cannot be safely stored on the farm.
c Where to apply. Application for price support should be made at the office of the PM A county committee which keeps the farm-program records for the farm.
d When to apply. Loans and pur chase agreements will be available from the time of harvest through October 31, 1951, in Arizona, California, and in the Texas counties not designated under the 1951 Texas Flaxseed Purchase Program, and from the time of harvest through January 31,1952, in all other States; the applicable documents must be signed by the producer and delivered to the county committee not later than such final dates.
e Eligible producer. An eligible producer shall be an individual, part nership, association, .corporation, or other legal entity producing flaxseed in 1951 as landowner, landlord, tenant or sharecropper.
601.877 Eligible flaxseed. Eligible flaxseed must meet the following re quirements :
a The flaxseed must have been pro duced in the continental United States excluding the Texas counties designated under the 1951 Texas Flaxseed Purchase Program in 1951 by an eligible pro ducer.
b The beneficial interest in the flaxseed must be in the producer ten dering the flaxseed for loai or for de livery under a purchase agreement, and must always have been in him, or must have been in him and a former producer whom he succeeded before the flaxseed was harvested.
c Th flaxseed must grade No. 1
or No. 2. Flaxseed which contains more than 30 percent damage or more than 11 percent moisture or which is musty, sour, heating, hot, or which has any commercially objectionable odor, or which is otherwise of low quality, shall not be eligible.
d If offered as security for a farm storage loan, the flaxseed must have been stored in the bin or granary at Continued on p. 3877
CONTENTS
Agriculture Department
PaSe
See Commodity Credit Corpora tion; Production and Market ing Administration.
Alien Property, Office of Notices :
Vesting orders, etc.:
Banque Commerciale de Bale. 3942
Credit Suisse. ______________
3938
Kawamoto, Misuye and Harry Hirama________ !____________ 3939
Merchants and Manufactur ers Insurance Co., Ltd_____ 3941
Plazek, Hubertus, et al______
3938
Société Anonyme de Gérances et de Depots 2 docu ments_________________ 3939,3941
Union Bank of Switzerland.. 3940
Voith, Hilar, et al____________
3942
Civil Aeronautics Administra tion Rules and regulations:
Flight navigator certificates ;
contents and scope of written and practical examinations required in proof of aeronau tical knowledge and skill..___
Ground instructor rating ; prac tical test requirements_______
3887
3888
Civil Aeronautics Board See Civil Aeronautics Adminis tration.
Commerce Department See Civil Aeronautics Adminis tration; Defense Production Administration; National Pro duction Authority.
Commodity Credit Corporation Rules and regulations:
Grains, and related commodi ties; 1951 crop flaxseed loan and purchase agreement pro gram________
3875
Defense Electric Power Admin istration Rules and regulations:
Plant additions; information to be filed_______________________
3927
Defense Mobilization, Office of Notices:
Establishment of a labor-man agement manpower policy committee____________________
3875
3932