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VOLUME 16

NUMBiR 101

Washington, Thursday, May 24, 7957
TITLE 6 AGRICULTURAL CREDIT
Chapter I Farm Credit Administra tion, Department of Agriculture V

Subchapter F Banks for Cooperatives
TITLE 20 EMPLOYEES
BENEFITS
Chapter II Railroad Retirement Board
FCA Order 522

P art 222D efin itio n and C reditability of C ompensation
P art 70L oan I nterest R ates and S ecurity
miscellaneous amendments
CONTENTS
Agriculture Department
Page
See Farm Credit Administration;
Federal Crop Insurance Corpo ration; Production and Market ing Administration.
Alien Property, Office of
Notices:
Vesting orders, etc.:
Aktiebolaget Svenska Han delsbanken ______________
Amiot, Felix Jean Louis Alexandre___ ____________
Banco di Sicilia____________
Brochhaus, Hans___________
Credit Suisse____________ _
Den Norske Creditbank__ ___
Dombois, Alice, et al________
- Durand, Marcel Paul_______
Hoffman, George, et al______
Lorry, Marguerite, et al_____
Mundheim, Adolf__________
Poppenhusen, Robert, et al___

Pursuant to the general authority con tained in section 10 of the act of June 24, 1. The rate of interest which may be 1937 sec. 10, 50 Stat. 314; 45 U. S. C.
charged by the Columbia Bank for Co 228j, 222.2 a and 222.3 i of the operatives as specified in 70.5 and 70.6 regulations of the Railroad Retirement of Chapter I, Title 6, of the Code of Fed Board under such act 12 F. R. 466; 13
eral Regulations is hereby changed to. F. R. 264 are amended by Board Order 2V2 per centum per a n n u m effective on 51-130, dated May 2, 1951, to read as follows:
and after June 1, 1951.
222.2 Definition of compensation 2. Section 70.9 of Chapter I, Title 6, a Compensation paid for services per of the Code of Federal Regulations is formed. Compensation shall mean the hereby amended to read as follows:
70.9 Interest rates on loans made amount an individual is paid for service Army Department by the Central Bank for Cooperatives. performed as an employee and shall in The rate of interest for a continental clude amounts paid in the form of a com Notices :
services, or privilege, only if the Organization and functions of loan or a loan made in Puerto Rico by modity, employer and employee, before the per agencies dealing with the pub the Central Bank for Cooperatives shall formance of the service for which it is lic; Office of Chief of Trans be the same as the prevailing rate payment have agreed 1 upon the value portation____ 1____________
charged for a similar type loan by each of such commodity, service, or privilege, Rules and regulations:
district bank for cooperatives of the and 2 that such part of the amount Assistance of creditor; indebt farm credit district in which the coop edness of military personnel.
agreed upon to be paid may be paid in erative borrowing from the Central Bank the form of such commodity, service, or Civil Aeronautics Administra for Cooperatives has its principal place privilege. Compensation shall also in tion of business, except that the rate of inter clude allowances in lieu of vacation.
Rules and regulations:
est on all loans upon the security of com Designation of control areas,
222.3
Creditability of compensation.
modities or Commodity Credit Corpora %
control zones, r e p o r t i n g tion loan documents made by the points; miscellaneous amend i Allowances in lieu of vacation.
Central Bank for Cooperatives in the ments ____________________
Compensation shall include allowances Third Farm Credit District shall be 2y4
Commerce Department in lieu of vacation.
If an-employee dies, Per centum per a n n u m , or ceases service for the purpose of re See Civil Aeronautics Administra Sec. 8, 46 S ta t. 14, as am ended; 12 U. S. C.
tion; International Trade, Office 1141f ceiving an annuity, and a vacation allow of; National Production Au ance is thereafter paid, the Board may, thority.
Dated: May 18, 1951.
in the interest of the employee, credit the ts E A L
j . w . D uggan, allowance to the last day of service or Customs Bureau Governor.
allocate the compensation to a period Notices:
Convict-made goods; c o t t o n F. R. Doc. 51-6005; Piled, May 23, 1951j during his life following the last day of work gloves from N e g o y a, 8:53 a. m.J
C o n tin u ed on p. 4829
Japan___________________
INTEREST RATE ON COMMODITY LOANS

4827

4912
4913
4913
4911
4911
4910
4909
4913
4911
4913
4913
.4910

4893
4889

4885

4897