Federal Register - January 5, 1939

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Source: Federal Register

UTTEBA
SCRIPTA

FEDERAL

REGISTER
1934 y
VOLUME 4

a jit e d
NUMBER 2

%

,
Washington, Thursday January 5, 1939
Rules, Regulations, Orders TITLE 6AGRICULTURAL CREDIT
FARM CREDIT ADMINISTRATION
FCA 108

R egulations R elative to E mergency C rop and F eed L oans in the C onti nental U nited S tates M ade P ursuant to the Act of C ongress A pproved J an uary 29,1937, as Amended D ecember 30, 1938.
1. Loans for fallowing, for the produc tion of crops, for planting, cultivating, and harvesting crops, for supplies inci dent and necessary to such production, planting, cultivating, and harvesting, and for feed for livestock, or for any of such purposes, will be made during the year 1939 by the Governor of the Farm Credit Administration to farmers in the Con tinental United States.
2. Such loans may be made to farm
ers who have acreage suitable for culti vation, the necessary equipment for fanning operations, and livestock for which feed is required, and who are un able to obtain a loan from other sources, and, further, such loans will be limited to the amount necessary to meet the im mediate and actual cash needs, and pref erence shall be given to the applications of farmers whose cash requirements are small.
3. Such loans shall be secured by a first lien, or by an agreement to give a first lien, upon all crops of which the plant ing, cultivation, production, or harvest ing is to be financed, in whole or in part, with the proceeds of such loan; or, in case of any loan for the purchase and/or production of feed for livestock, a first lien upon the livestock to be fed.
4. Applicants must agree 1 to use seed and methods approved by the De partment of Agriculture; 2 to plant a garden for home use; and 3 to plant a sufficient acreage of feed crops to supply feed for their workstock and subsistence cattle.

5. The total amount of loans made to CONTENTS
any one borrower during the calendar RULES, REGULATIONS, ORDERS
year 1939 shall not exceed $400. No loan will be made for an amount less than T itle 6Agricultural Credit :
$10. All loans will be made in multiples Farm Credit Administration:
Page of $5. Notes will bear interest, from Chief Clerk, functions, pow maturity until paid, a t the rate of 4
33
ers, etc., of___________
percent per annum; and interest to the Continental United States, maturity date at the same rate will be emergency crop and feed deducted a t the time the loan is made.
loan regulations_______
29
6. No such loan will be made:
Amendment 1___________
31
a To any applicant who is a stand Amendment 2___________
31
ard rehabilitation client of the Farm Amendment 3___________
32
Security Administration or whose appli cation for a standard loan has been ap 32
Amendment 4___________
proved by the local supervisor of the Amendment 5___________
32
Farm Security Administration and for Hawaii, emergency crop and warded to the regional office for approval, feed loan regulations___
32
as indicated on lists furnished by the T
itle 7A
griculture :
Farm Security Administration.
Agricultral Adjustment Admin b To any applicant who can obtain istration:
a loan from other sources, including pro duction credit associations, in an amount Agricultural conservation reasonably adequate to meet his needs program bulletin, 1939, for the purposes for which such loans Supplement 3_________
42
may be made. An applicant for a loan Commercial corn-producing in an amount in excess of a minimum area for year 1939______
45
fixed by the Governor, or his representa Com acreage allotment tive, for the territory in which the ap 46
for_________________
plicant resides, must first submit writ Com allotments; determina ten evidence from a production credit tion of county com acre association that his application for a age allotments and coun loan of the same or less amount has been ty normal yields of com rejected.
for 1939______________
47
c To any applicant who has an ap Wheat, 1939 county normal plication for a 1939 crop or feed loan yields of______________
33
pending with a production credit asso-i ciation.
T itle 16C ommercial P ractices:
d To any applicant who has not Federal Trade Commission:
undertaken in good faith to meet his Cease and desist orders:
obligations in connection with any pre American Flange and Man vious crop, feed, or seed loans as fol ufacturing Co., Inc___
53
lows: has willfully misused the proceeds F. B. Products Co., et al___
51
of a loan check for any purpose other than those specified in his application;
Gold Medal Books, Inc___
49
has failed to plant a crop or has planted Jones, Josiah L___________
54
crops on lands other than those de 49
Levy Bros. China Co., Inc_
scribed in the application; has willfully Mathieson Alkali Works, disposed of crops mortgaged to the Gov Inc., et al___________
51
ernor, or failed to account satisfactorily Northwestern Yeast Co___
52
therefor without applying the proceeds of the sale or the value thereof as a payContinued on next page 29

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Federal Register - January 5, 1939

TitoloFederal Register

PaeseStati Uniti

Data05/01/1939

Conteggio pagine30

Numero di edizioni7770

Prima edizione14/03/1936

Ultima edizione08/05/2026

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