Federal Register - September 16, 1958
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Source: Federal Register
VOLUME 23
NUMBER 181
Washington, Tuesday, September 16, 1958
TITLE 6 AGRICULTURAL CREDIT
Chapter III Farmers Home Adminis tration, Department of Agriculture Subchapter B Farm Ownership Loans
FHA Instruction 443.1
P art 331 P o l ic ie s
and
A u t h o r it ie s
LOAN INSURANCE CHARGES
Sec. 41, 50 Stat. 528, as amended; 7 U. S. C.
1015
Dated: September 10, 1958.
sea l
H. C. S m it h ,
Acting A dm inistrator, F arm ers H om e Adm inistration.
F. R. h o c . 58-7539; Filed, Sept. 15, 1958;
8:54 a. m.
Section 331.9 d in Title 6, Code of ,TITLE 19 CUSTOMS DUTIES
Federal Regulations 21 F. R. 10446, is hereby amended in regard to loan Chapter I Bureau of Customs, insurance charged on loans involving Department of the Treasury the deferment of the initial installment on the note, and to read as follows:
T. D. 54682
331.9 Sources o f funds and term s o f P art 1 C u sto m s D is t r ic t s , P o rts , and loans.
S tations d L oan insurance charge. Each in sured loan borrower will pay a loan in PORT OF ENTRY AND PORT OF DOCUMENTA
surance charge in addition to principal TION; MORGAN CITY, LA.
and interest payments on his Farm S ep tem ber 9, 1958.
Ownership loan.
1 In itial loan insurance charge.
By virtue of the authority vested in the Each insured loan borrower will pay on President by section 1 of the Act of Au the date of loan closing an initial loan gust 1, 1914, 38 Stat. 623 19 U. S. C. 2, insurance charge, computed at the rate which was delegated to the Secretary of of one percent of the principal obligation the Treasury by the President by Execu on the note, covering the period from the tive Order No. 10289, September 17, 1951
date of loan closing to the first January 1 3 CFR 1951 Supp., Ch. I I , Morgan City, thereafter.
Louisiana, is hereby designated as/t Cus 2 Annual loan insurance charge. toms port of entry in Customs Collection Each insured lban borrower will pay District No. 20 New Orleans effective an annual loan insurance charge of one 30 days after publication of this Treasury percent of the actual principal obliga decision in the F ederal R e g is t e r .
tion remaining unpaid which will in The customs port of entry at Morgan clude the balance on the note and any City, Louisiana, which is hereby also unpaid advances made from the insur ance fund on behalf of the borrower. designated a port of documentation, shall Each annual loan insurance charge will include the territory bounded as follows:
Starting at a point where Deer Island be computed on the basis of the principal obligation remaining unpaid as of the Bayou enters the Lower Atchafalaya River, thence northerly along the S t;NMary and date on which each installment on the Terrebonne Parishes boundary lines to the note is due, and will be paid on or be point ol intersection of the boundary lines fore the date the next suCceedirig install of the parishes of Terrebonne, St. Mary and ment is due. In addition, for notes with Assumption, thence along the east side of deferred payments, the annual loan in the boundary line of St. Mary Parish and As Parish to the intersection of the surance charge will be established as of sumption boundary lines of St. Mary, Assumption, and each January 1 during the period of St. Martin Parishes, thence westerly along deferment of the note installments and the boundary line of the Parishes of St.
will be paid on or before the next suc Mary and St. M artin to the west boundary of Ward 4, St. Mary Parish, thence south-, ceeding January 1. Annual loan in line erly on the west bank of the Wax Lake Out surance charges will continue until the let, Wax Lake and Wax Lake Pass and thence loan is paid in full or the mortgaged in a southeasterly direction along the mean property is acquired by the Govern dering shore line of Atchafalaya Bay to the ment or until the contract of insurance point of beginning.
Continued on p. 7133
is otherwise terminated.
CONTENTS
Agricultural MarketingService Proposed rule making :
Lemons grown in California and Arizona____________________
Milk1 in certain marketing areas:
Cincinnati, Ohio, and DaytonSpringfield, Ohio___ r_____
Inland Empire and Puget Sound, Wash_____________
Philadelphia, P a____________
Puget Sound, Wash_________
Pase 7137
7144
7136
7144
7135
Agriculture Department S ee Agricultural Marketing Serv ice; Farmers Home Administra tion.
Army Department Notices:
Organization and functions of agencies dealing with public;
Office of Chief Signal Officer
7145
Atomic Energy Commission Proposed rule making :
Financial protection require ments and indemnity agree ments_________________ ______
7145
Civil Aeronautics Board Notices:
Capital Airlines, Inc., postpone ment of hearing.______ .___
7160
Commerce Department S ee Foreign Commerce Bureau.
Customs Bureau Rules and regulations :
Customs districts, ports and stations:
Miscellaneous amendments_7133
Morgan City, La., designation as Customs port of entry and port of documentation- 7131
Defense Department S ee Army Department.
Farmers Home Administration Rules and regulations:
Farm ownerhip loans; loan in
surance charges-______ ___
7131
Federal Communications Com mission Notices :
Canadian broadcast stations;
list of changes, p r o p o s e d changes, and corrections in assignments__ !_____________
7131
7153