Federal Register - August 4, 1949

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Source: Federal Register

,
Thursday August 4, 1949.

FEDERAL REGISTER

4845

has been executed and approved by CCC binned, sacked identity preserved, or partnership, association, corporation, or bulk identity preserved, the producer for the storage of rice of the 1949 crop.
other legal entity producing rough rice must execute the supplemental certifi in 1949, as landowner, landlord, tenant, 655.107 Approved forms. The ap cate and assume responsibility for the or sharecropper.
proved forms consist of the loan and quantity and quality indicated thereon.
Cooperative marketing associations of purchase agreement documents which, producers shall be eligible for loans and 655.108 Determination of quantity.
together with the provisions of this bul purchase agreements: Provided, That:
Loans and purchase agreements shall be letin and any supplements and amend a The producer members are bound made on the basis of rough rice ex ments thereto, govern the rights and re by contract to market through the as pressed in units of 100 pounds, and frac sponsibilities of the producer. Notes and sociation;
tional units of less than 100 pounds shall chattel mortgages, and note and loan b The major part of the rice mar be disregarded. The quantity of rice agreements, must have State and docu keted by the association is produced by may be determined either by weight or mentary revenue stamps affixed thereto members who are eligible producers;
by measurement. In determining the where required by law. Loan and pur c The members share proportion chase agreement documents executed by net quantity of sacked rice by weight, a ately in the proceeds from marketings an administrator, executor, or trustee, deduction of % of a pound for each 100
according to the quantity and quality of will be acceptable only where legally pounds of gross weight will be made.
rice each delivers to the association;
valid.
When the quantity of rice is deter d The rice purchased from non a Farm storage loans. Approved mined by measurement, a cubic foot of members is segregated sufficiently to forms shall consist of producers notes on rice testing 45 pounds per bushel shall be assure that the rice placed under loan or Commodity Loan Form A, secured by 36 pounds and rice having the following delivered under a purchase agreement chattel mortgages on CCC Commodity test weights shall be adjusted by the fol shall accurately reflect the quantity and lowing percentages:
Form AA.
quality of rice grown by producer mem b Warehouse storage loans. Ap For rice testing Percentages bers; and, proved forms shall consist of note and 100
45 pounds or over________
e The association has the legal right loan agreements on CCC Rice Form B, 44 pounds or over, but less than 45
to pledge or mortgage the rice as se secured by negotiable warehouse receipts 98
pounds_____________________
curity for a loan.
43 pounds or over, but less th an 44
representing rice stored in approved pounds_______________________
96
warehouses, and each warehouse receipt 655.105 Eligible rice. Eligible rice 42 pounds or over, but less than 43
must be accompanied by a supplemental shall be rough rice produced in 1949
pounds_____________________
93
certificate All rice pledged as security which meets the following requirements:
41 pounds or over, but less than 42
for a loan on a single CCC
Rice Form B
a In accordance with the United 91
pounds_______________________
must be stored in the same warehouse.
40 pounds or over, but less th an 41
States Standards for Rough Rice, such c Purchase agreement documents.
pounds_______________________
89
rice shall be of the varieties included in The purchase agreement documents shall Proportionately lower for rice testing below classes I to IX, inclusive, and of the consist of the purchase agreement Com 40 pounds.
varieties Patna, Zenith, Arkrose, Blue modity Purchase Form 1 and purchase Bonnet, Magnolia, and Prelude, included Loans will be made only on 95 percent agreement settlement Commodity Pur in the miscellaneous class X.
of the quantity of rice determined in ac chase Form 4
signed by the producer b Such rice shall grade U. S. No. 4
cordance with this section. However, at and approved by the county committee, or better; shall show a minimum yield the time of delivery, settlement will be negotiable warehouse receipts, and such of 25 pounds of head rice from 100
made on the basis of the actual quantity other forms as may be prescribed by CCC.
pounds of rough rice on the basis of the and quality of rice delivered.
d Warehouse receipts.
Rice in ap respective milling tests in California and 655.109 Determination of dockage.
proved warehouse storage under the loan in the southern States; and shall con The percentage of dockage shall be de program or delivered to an approved tain not more than 14 V2 percent moisture termined in accordance with the United warehouse under the purchase agree except that rice produced in California ment program must be represented by States Standards for Rough Rice with shall contain not more than 15 percent respect to all lots of rice produced in warehouse receipts and supplemental moisture.
certificates which satisfy the following California. The weight of such dock c Except in the case of eligible co age shall be deducted from the gross requirements:
operative marketing associations of pro weight of the rice in determining the net 1
Warehouse receipts must be is ducers,. the beneficial interest in the rice quantity available for loan. The test sued in the name of the producer, must must be in the producer tendering the weight and milling test for such rice be properly endorsed in blank so as to rice for loan or purchase and must al shall be on a dockage free basis.
ways have been in him, or must have vest title in the holder, must be issued by an approved warehouse, and must in 655.110 Liens. If there are any been in him and a former . producer clude only one class or in the case of liens or encumbrances on the rice, prop whom he succeeded before the rice was Class X
only one variety, grade, and er waivers must be obtained.
harvested.
milling quality of milling test of rice.
d In the case of farm-storage loans, 655.111 Service fees a Loans.
2 Warehouse receipts shall carry an such rice shall have been in storage at The producer shall pay a service fee of endorsement in substantially the follow least 30 days prior to inspection for meas 2 cents per 100 pounds on the quantity of ing form:
urement, sampling, and sealing, unless rice placed under loan, or $3.00, which Warehouse charges through April 30, otherwise approved by the State PMA
ever is greater. If the quantity of rice 1950, on the rice represented b y , this committee.

delivered in satisfaction of a loan ex warehouse receipt have been paid or ceeds the quantity of rice placed under 655.106 Approved storage.
Ap otherwise provided for, and lien for such loan, a service fee of 2 cents per 100
proved storage for rice shall meet the charges will not be claimed by the ware pounds shall be charged the producer on following requirements:
houseman from CCC or any subsequent the excess quantity delivered.
a Farm storage. Under the loan holder of this warehouse receipt.
b Purchase agreements. At the 3 Each warehouse receipt, or the program approved farm storage shall time the producer signs a purchase agree consist of storage structures located on supplemental certificate in duplicate properly identified with the warehouse ment he shall pay a service fee of 1 cent the farm, or off the farm, provided no receipt, must show weight, quality in per 100 pounds on the quantity of rice - warehouse receipt is outstanding, which, specified on Commodity Purchase Form terms of class, grade, test weight, dock as determined by the county committee, 1, as the maximum quantity he may de age, moisture, and such applicable fac are of such substantial and permanent tors as damaged kernels, red rice, foreign liver, or $1.50, whichever is greater.
construction as to afford safe storage of c Refunds. No refunds of service material, milling quality or milling test, rice.
fees will be made.
chalky kernels, mud lumps, muddy ker b Warehouse storage. Under the 655.112 Set-offs. If the producer loan and purchase program approved nels, seeds, cereal grains, and rice of Is indebted to CCC on any accrued ob other classes.
warehouse storage shall consist of pub 4 If the warehouse receipt Indicates ligation, or if any installments past due lic warehouses for-which a uniform rice that the grain is stored as specially or maturing within twelve months are storage agreement CCC Rice Form H

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Federal Register - August 4, 1949

TitoloFederal Register

PaeseStati Uniti

Data04/08/1949

Conteggio pagine16

Numero di edizioni7801

Prima edizione14/03/1936

Ultima edizione24/06/2026

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