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ONAL.c.

EG1STER
VOLUME 17

1 9 3 4 & >

Wanted

NUMBER 50

Washington, Wednesday, March 12, 1952
proved, the State Director will so advise the County Supervisor.
c Refunds after loan closing. A re Chapter III-Farmers Home Adminis fund of all direct Farm Ownership or tration, Department of Agriculture Farm Housing funds advanced which is Subchapter E Account Servicing made after the loan has been closed will be considered a paid-in-full case only FH A Instruction 451.4
when accrued interest is also paid. Con sequently, when the full amount of the P art 361 R o u t in e principal of a loan is paid after the loan Subpart B S e rvicing F a r m O w n e r s h ip has been closed, the borrower also will and F arm H ousing L oans be required to pay interest from the date of the loan check to the date filial pay PAID-IN-FULL DIRECT FARM OWNERSHIP AND
ment is received.
FARM HOUSING ACCOUNTS
d Satisfaction of mortages. Or dinarily, the County Supervisor will de 1. Section 361.31, Chapter m , Title liver to the borrower the notes, any 6 of the Code of Federal Regulations 16
abstracts of title, any property insurance F. R. 12537, originally published as policies, the original mortgages, and 361.63, Chapter III, Title 6, Code of the original satisfaction s, after final Federal Regulations 15 F. R. 8621, is revoked.
payment has been processed by the State Office. However, if the circumstances N o t e : The material contained in said require a satisfaction of the mortgage section is amended and consolidated with, similar material concerning the Farm Own at the time final payment is made, the ership Program in 361.25, Chapter in, satisfaction will be delivered to the bor Title 6 of the Code of Federal Regulations.
rower only upon receipt of full payment 2. Section 361.25, Chapter m , Title 6 of the unpaid balance of principal and of the Code of Federal Regulations 13
interest, computed as of the date final F. R. 9438 is amended to make it appli payment is received, and only when such cable to Farm Housing accounts as well payment is made by the borrower in the as to direct Farm Ownership accounts, form of currency and coin, Treasury and to delete the provisions concerning check, cashiers check, certified check, preparation of receipts. The section as or money order. I f State law requires amended reads as follows:
that the satisfaction be recorded or filed 361.25 Paid-in-full direct Farm by the mortgagee, the County Supervisor Ownership and Farm Homing ac will record or file the satisfaction with counts a Authorization. The State the proper official.
Director is authorized to accept final e Property insurance. The County payment on a direct Farm Ownership or Supervisor will advise the borrower re a Farm Housing account and to execute garding the manner in which property the necessary releases and satisfactions insurance will be canceled, or release of in connection with the indebtedness.
b Farm Ownership accounts repaid mortgage interest executed.
in less than five years. In the case of a Sec. 41 1, 60 Stat. 1066, sec. 510 g , 63
direct Farm Ownership account to be re Stat. 438; 7 U. S. C. 1015 1, 42 U. S. C.
1480 g . Interprets or applies secs. 3 b
paid in less than five years from the date 6 , 41 h , 60 Stat. 1074, 1066, sec. 510 d , of the initial note, the County Supervisor 63 Stat. 437; 7 U. S. C. 1003 b 6 , 1015
will advise the State Office of the cir h , 42 U. S. C. 1480 d
cumstances. In justifiable cases, the State Director is authorized to approve seal D il l a r d B . L a s s e t e r , the acceptance of final payment before Administrator, such five years have elapsed, except that Farmers Home Administration.
the approval of the National Office is re F e b r u a r y 21, 1952.
quired if payment before such five years Approved:
March 6, 1952.
have elapsed is to be made from the sale of the farm outside the program and K. T. H u t c h i n s o n , profit making is the only significant Acting Secretary of Agriculture.
motive see 372.9 of this chapter. I f F. R. Doc. 52-2823; Filed, Mar. 11, 1952;
the acceptance of final payment is ap 8:47 a. m.

TITLE 6 AGRICULTURAL CREDIT

CONTENTS
Agriculture Department
PaSe
See Animal Industry Bureau;
Farmers Home Administration;
Federal Crop Insurance Corpo ration; Forest Service; Produc tion and Marketing Administra tion.

Alien Property, Office of Notices:
Conversion Office for German Foreign Debts; vesting order-

2133

Animal Industry Bureau Rules and regulations :
Sanitary control of animal by products except casings, and hay and straw, offered for en try into the U. S.; importa tions from Canada__________

2112

Atomic Energy Commission Wyoming; withdrawing public lands and reserved minerals in patented lands for use of the Commission see Land Manage ment, Bureau o f.

Civil Aeronautics Board Notices:
Hearings, etc.:
Braniff-Mid-Continent merger case------------------------2138
National Airlines, Inc., et al.;
New England Southern States merger investiga tion___________________
2137
Trans World Airlines, Inc.;
transatlantic mail rate __2138
Rules and regulations:
Airplane airworthiness, trans port categories; minimum control speed_______________
2112

Commerce Department See International Trade, Office of.

Customs Bureau Rules and regulations:
Customs districts and ports;
customs-collection districts and ports, and customs sta tions in Canada_____________

2113

Defense Production Administra tion Notices:
Request to Specified Finishes, Inc., to operate as a small business enterprise produc tion pool and request to cer tain companies to participate in the operations of such p o o l________________________
2107

2138