Federal Register - November 14, 1942
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Source: Federal Register
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FEDERAL
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1VOLUME 7
REGISTER
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9 3 4
NUMBER 224
A ITEO
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Washington, Saturday November 14, 1942
Regulations m1
.
TITLE 6AGRICULTURAL CREDIT
Chapter IICommodity Credit Corporation 1942 C. O. O. Soybean Form 1Instructions, Rev.
P art
2301942
S oybean L oans
INSTRUCTIONS CONCERNING LOANS AND
PURCHASES
Commodity Credit Corporation has authorized the making of loans on farmstored soybeans or the purchase of soy beans stored in approved warehouses or delivered to designated delivery points in accordance with these instructions.
GENERAL INSTRUCTIONS
Sec.
230.1
230.2
230.3
230.4
230.5
230.6
Eligible producer.
Lending agency.
Liens.
High and low oil content soybeans.
County agricultural conservation committees.
Regional office of Commodity Credit Corporation.
LOANS
-230.10
230.11
230.12
230.13
230.14
230.15
230.16
230.17
Eligible soybeans for loans.
Amount.
Maturity and interest.
Determination of quantity of soy beans.
Farm storage.
Source of loans.
Purchase of loans.
Release of collateral.
PURCHASES
230.20 Eligible soybeans.
230.21 Program outline.
230.22 Methods of handling soybean pur chases.
230.23 Amount.
230.24 Increase in soybean price.
230.25 Purchase by country warehouseman who has agreement to purchase soybeans for processor.
230.26 Purchase by country warehouses ap proved under the uniform grain storage agreement.
230.27 Purchase by processor.
230.28 Purchases by county committees where there are no warehousemen or processors available.
230.29 Two types of sight drafts.
Sec.
230.30
230.31
230.32
230.33
Making grade analysis.
Guaranteeing the support price.
Shipping Instructions.
Soybeans of the most adaptable va rieties selected for seed.
230.34 Insurance by warehouseman.
Au t h o r it y : 230.1 -to 230.34, Inclusive, is sued under sec. 302, 52 Stat. 43; 7 U.S.C., 1302.
GENERAL INSTRUCTIONS
230.1 Eligible produeer. Any per son, partnership, association, or corpora tion producing soybeans in 1942 as landowner, landlord, or tenant.
230.2 Lending agency. Any bank, cooperative marketing association, or other corporation, partnership, or per son, which has executed a Contract to Purchase 1940 C.C.C. Form E and filed such contract with a regional office of Commodity Credit Corporation.
230.3 Liens. Soybeans offered as collateral or for purchase must be free and clear of all liens except in favor of the lienholders listed in the space pro vided therefor in the chattel mortgage or the offer of sale memorandum. The names of all existing lienholders such as landlord, laborers, threshers, or mort gagees must be listed in the space pro vided therefor in the mortgage or offer of sale memorandum. The waiver and consent to sell or mortgage the soybeans and payment of the proceeds to the pro ducer as contained in the, mortgage or offer of sale memorandum must be signed personally by all lienholders list ed or by their duly authorized agents;
or, if corporation, by an officer thereof customarily authorized to execute such instruments. Waivers of lienholders may be executed on separate instruments if complete identification of the com modity and the producer is shown.
230.4 High and low oil content soy beans. a High oil content soybeans of classes I and H are varieties approved by the United States Department of Agriculture State War Board produced in North Dakota, South Dakota, Ne braska, Kansas, Missouri, Kentucky, West Virginia, Maryland, Delaware, and all States north and east thereof.
Continued on next page
CONTENTS
REGULATIONS AND NOTICES
A gricultural M arketing A dmin
istration ;
New Orleans, La., marketing area; handling of milk__
Rice inspection and certifica tion, regulations revised__
Pag
9385
9380
Alien P roperty Custodian : _
Pels, Henry, and Co., Inc., vest ing order________________
9402
B ituminous Coal D ivisio n :
?-? Applications for registration as distributors._____________
9400
Hearings, etc.:
District Board 2___________ 9400
District Board 11__________ 9401
Sahara Coal Co____________ 9400
Stahmer Coal Co__________ 9401
M i n i m u m p r i c e schedules amended:
District 7_________________ 9386
.District 19__ ______________ 9387
District 23_________________ 9387
Commodity Credit Corporation:
Soybean loan instructions, 1942_ 9375
I nterstate sio n :
C ommerce
Commis
Steam roads, uniform system of accounts________________
9400
N ational W ar L abor B oard:
Wage stabilization in building industry________ :------------
9385
O ffice of P rice A dministration:
Adjustments:
Elite Hand Painting Corp Game Makers, Inc-------------General Clay Products Co___
Hart, Leo, Co., Inc_________
Holt and Co__________ __
Johnstown Coal & Coke Co__
Klise Mfg. Co., Inc., and Cappel MacDonald and Co_
Merchants Cold Storage and Warehouse Co_________
Metals Reserve Co_________
Ott, Joe, Mfg. Co___________
Playette Corp_____________
Ralston Toy and Novelty Co., In c __________________
Skill Darts Co_____________
Smart Style
Witt Ice and Gas Co____ ___
Brass mill scrap RPS 12, Am. 4 _________________
Continued on next page
9375
9402
9402
9404
9403
9403
9404
9404
9398
9397
9403
9403
9404
9403
9403
9398
9392