Federal Register - September 29, 1953
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Source: Federal Register
VOLUME 18
O ltn jtO
NUMBER 190
Washington, Tuesday, September 29, J 953
TITLE 3 THE PRESIDENT
EXECUTIVE ORDER 10489
Providing for the Administration op Certain L oan and L oan G uarantee Functions U nder the D efense P ro duction Act of 1950, as Amended
By virtue of the authority vested in me by the Constitution and laws of the United States, including the Defense Production Act of 1950, as amended 50
U. S. C. App. 2061 et seq., and the Re construction Finance Corporation Liqui dation Act 67 Stat. 231; Public Law 163, approved July 30, 1953, and as Presi dent of the United States and Command er in Chief of the armed forces of the United States, it is hereby ordered that section 310 of the Executive Order Fur ther Providing for the Administration of the Defense Mobilization Program, being Executive Order No. 10480 of August 14,1953 18 F. R. 4942; shall be, and it is hereby, amended, effective at the close of business on September 28, 1953, to read as follows;
Sec. 310. a The Secretary of the Treasury, hereafter in this section re ferred to as the Secretary, is hereby au thorized and directed to make loans including participations in, or guaran tees of, loans to private business enter prises including research corporations not organized for profit for the expan sion of capacity, the development of technological processes, and the produc tion of essential materials, including the exploration, development, and mining of strategic and critical metals and min erals, exclusive of such expansion, de velopment and production in foreign countries, as authorized by and subject to section 302 of the Defense Production Act of 1950, as amended. The functions signed to the Secretary by this section include the administration and servicing of all loans including participations in r guarantees of, loans made by the Reconstruction Finance Corporation Prior to September 29, 1953, pursuant tc the said section 302.
terms and conditions as the Secretary shall determine, 2 shall be made only after the Secretary has determined in each instance that financial assistance is not available on reasonable terms from private sources or from other govern mental sources, and 3 shall be made only upon certificate of essentiality of the loan, which certificate shall be made by the Director of the Office of Defense Mobilization.
c Applications for loans under sec tion 310 a hereof shall be received from applicants by the Secretary or by such agencies of the Government as the Secretary shall designate for this purpose.
CONTENTS
THE PRESIDENT
Page Executive Order Providing for the administration of certain loan and loan guar antee functions under the De fense Production Act of 1950, as amended____________________ 6201
EXECUTIVE AGENCIES
Agriculture Department See Farmers Home Administra tion; Production and Marketing Administration.
Alien Property Office Notices :
Intention to return vested prop D wight D. E isenhower erty:
T he W hite H ouse, Belstrup, Frederik Vilhelm_
September 26, 1953.
Jacobsen, Jorgen Helge-------Johansen, Rolf Hjorth_____
F. R. Doc. 53-8401; Filed, Sept. 28, 1953;
11:0 1 a. m .
Laube, Dr. Grete___________
Qviller, Olaf_______________
Société Anonyme Vitex An TITLE 6 AGRICULTURAL CREDIT
ciens Etablissements J.
Canouet________________
Chapter III Farmers Home Adminis Sonnichsen, F a n c is________
tration, Department of Agriculture Tyrode, Paul______ _______
Zachariassen, Arne_________
Subchapter B Farm Ownership Loans Army Department FHA In s tru c tio n 443.3
Rules and regulations:
P art 333P rocessing S ubsequent Procurement procedure, gen Loans eral provisions; miscellaneous amendments_______________
ROUTING OF LOAN DOCKETS
Civil Aeronautics Board Section 333.8 c , Title 6, Code of Fed Notices:
eral Regulations 14 F. R. 6328, is re Hearings, etc.:
vised to provide for routing the loan Air America, Inc., et al.; en docket from the County Supervisor to forcement proceeding____
the State Field Representative, and to Airwork Limited----------------read as follows:
Skytrain Airways, Inc.; re opened Latin American air 333.8 Approval of subsequent loans.
freight case____________ _
c In the case of a subsequent loan to Committee on Purchase of Blind-Made Products a transferee in connection with a trans fer case or a credit sale of real estate, Rules and regulations:
Purchases of blind-made prod the County Supervisor will forward the ucts; clearances____________
dockets to the State F eld Representa tive, for handling in accordance with Defense Department Subpart B or E of Part 372 of this See Army Department.
chapter.
Defense Mobilization Office See Defense Rental Areas Division.
C o n tin u e d on p. 6203
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