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REGISTER

FEDERAL
VOLUME 15

V

, 934
NtJtO

NUMBER 100

Washington, Wednesday, May 24, T950

TITLE 6 AGRICULTURAL CREDIT
Chapter IV Production and Market ing Administration and Commodity Credit Corporation, Department of Agriculture Subchapter C Loans, Purchases, and Other Operations
1950 C. C. C. Grain Price Support Bulletin 1
P art 601G rains and R elated C ommodities SUBPART GENERAL PROVISIONS 1950 LOAN
AND PURCHASE AGREEMENT PROGRAMS FOR
GRAINS AND RELATED COMMODITIES

This bulletin states the general re quirements which will be uniformly ap plicable with respéct to 1950 price support programs on certain grains and related commodities for which the Sec retary of Agriculture makes price support available through the Commodity Credit Corporation and the Production and Marketing Administration referred to in this bulletin and supplements hereto as CCC and PMA, respectively.
A separate supplement to this bulletin, containing additional specific require ments, will be issued on each commodity for which price support is made available and to which the provisions of this bulle tin are applied.
Sec.
601.1
601.2
601.3
601.4
601.5
601.6
601.7
601.8
601.9
601.10
601.11
601.12
601.13
601.14
601.15
601.16
601.17
601.18
601.19
601.20
601.21

Administration.
Commodities-covered by th is bulle tin.
Methods of price support.
Disbursement of loans.
Approved lending agencies.
Approved storage.
Applicable forms.
Liens.
Service charges.
Set-offs.
Interest rate.
Transfer of producers interest.
Safeguarding th e commodity.
Insurance on farm-storage loans.
Loss or damage to th e commodity.
Personal liability of th e producer for th e commodity.
Release of th e commodity under loan.
Liquidation of loans and delivery under purchase agreements.
Removal of th e commodity under loan.
Purchase of notes.
PMA commodity offices.

Authority: 601.1 to 601.21 issued under sec. 4, 62 Stat. 1070, as amended; 15 U. S. C.
Sup., 714b. In terp ret or apply sec. 5, 62 Stat.
1072, secs. 101, 301, 401, Pub. Law 439, 81st Cong., 15 U. S. C. Sup., 714c.

601.1 Administration. The program will be administered by PMA, under the general direction and supervision of the President, CCC, and in the field, will be carried out by PMA State and PMA
County Committees hereinafter called State and county committees and PMA
commodity offices. Producers interested in participating in the program should contact their county committee through Which the price support documents will be distributed. All documents will be completed and approved by the county committee which will retain copies of all such documents. The county committee may designate in writing certain of its employees to approve documents on be half of the committee.
601.2 Commodities covered by this bulletin. The provisions of this bulle tin shall apply to any grain or related commodity for which a price support program for 1950 is announced and for which a supplement to this bulletin hereinafter referred to as commodity supplement is issued.
601.3 Methods of price support.
This bulletin applies to farm-storage loans, warehouse-storage loans, and purchase agreements. The particular methods to be used for each commodity will be specified in the applicable com modity supplement.
601.4 Disbursement of loans. Dis bursement of loans will be made to pro ducers by PMA State offices by means of sight drafts drawn on CCC, or by ap proved lending agencies under agree ment with CCC. Disbursement will not be made by lending agencies later than 15 days after the final date of the avail ability of loans set forth in the appli cable commodity supplement to this bulletin, unless otherwise approved by the President, CCC.
601.5 Approved lending agencies.
An approved lending agency shall be any bank, cooperative marketing association, corporation, partnership, individual, or other legal entity with which CCC has entered into a Lending Agency AgreeContinued on next page
CONTENTS
Agriculture Department
Pase
See Commodity Credit Corpora tion; Production and-Marketing Administration.
Alien Property, Office of
Notices:
Vesting orders, etc.:
> Arakawa, Kichiji, et al______

3168

Civil Aeronautics Administra tion
Rules and regulations:
Irregular air carrier and offroute rules; charter flights, cockpit check list, and main tenance and inspection, all aircraft___________ ______ 3150
Civil Aeronautics Board
See also Civil Aeronautics Admin istration.
Notices :
Hearings, etc.:
All American Airways, Inc___ 3161
Nassau Aviation Co. ; applica tion for foreign air carrier permit_________________ 3161
Proposed rule making:
Pilot certificates, private and commercial; issuance based on military competence_____ 3159
Commerce Department
See Civil Aeronautics Adminis tration.
Commodity Credit Corporation
Rules and regulations:
Grains and related commodi ties; general provisions 1950
loan and purchase agreement. 3147
Federal Communications Com mission
Notices :
Class B PM broadcast stations;
allocation plan____________
Hearings, etc.:
Bay Broadcasting Co. and Bartley T. Sims__ _______
Capital Broadcasting Co.
WNAV_______________
Coast Broadcasters et al____
Constitution Publishing Co.
WCON et al__________
Marion Broadcasting Co.
WMRN et al__________
3147

3161
3165
3164
3161
8163
3162