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9042

RULES AND REGULATIONS

agreement can be accepted by the county sary or appropriate to the above authority accordance with the respective producers committee, the producer, or his agent to all intents and purposes as if performed interest in the pooled oil under loan, and me us personally. This appointment to perform any and all other-acts necessary designated as provided in paragraph f by continue in effect until it is revoked or appropriate to the above authority to all of this section, must sign a statement in shall in writing and a signed copy of the revoca intents and purposes as if performed by me substantially the following form:
tion is delivered to Commodity Credit Cor .us personally, including but not limited I hereby certify:
1 That the _____ pounds of tung oil stored at ________________________________
Name and address of storage facility which I am pledging to CCC as collateral for loan or am tendering for delivery to CCC
under purchase agreement was delivered to me as oil processed for my account by ----- -------------- out o f ______tons of 1959
Name of mill crop tung nuts produced by me which I de livered to such plant for toll processing:
2 That the beneficial interest in such tung nuts and in th e resultant tung oil de scribed above is and always has been in me or in me and a former producer whom I
succeeded either as landowner, landlord, ten ant, or share-cropper, before such tung nuts were harvested.
Signature ___ ______ _____ _
Producer B y -------------------- -------------_
Agent Date
poration through the ASC county committee.
The approximate quantity of tung nuts pro duced in the above crop year on my our farms is indicated below.
In witness whereof I we have hereunto affixed my our signatures this _____ day o f _________ 19__ _
In presence of Witness
Signature
Tons
Witness
Signature
Tons
Witness Signature Tons 2- That the beneficial interest in such tung nuts and in the resultant tung oil described above is and always has been in such producers or in such producers and former producers whom such producers suc ceeded, either as landowner, landlord, tenant, or share-cropper, before such tung nuts were harvested:
Name of Cooperative By
Title _______ _____ ___

to the authority to redeem pooled oil under loan in accordance with instructions from me us and other producers having an interest in such oil. This appointment shall continue in effect until revoked in writing and a signed copy thereof delivered to Commodity Credit Corporation through the ASC county committee. The approxi mate quantity of tung oil crushed from tung nuts of the crop produced in the above crop year on my our farm is indicated below.
In witness whereof I we have hereunto affixed my our signatures this _____
day of _________ . 19.
In presence of Witness
Signature
Pounds
Witness
Signature
Pounds
Witness
Signature
Pounds
g Warehouse receipts. Warehouse receipts representing tung oil in ap e Cooperatives certification of eligi Date proved warehouse storage to be placed bility of tung oil. Before a loan is made f Designation of agent by a prounder loan or to be delivered under a pur to a cooperative or delivery of tung oil agreement, must:
from such cooperative under a purchase ducer or group of producers. A single chase Be signed by the warehouseman, agreement can be accepted by the county eligible producer may designate an agent or 1
his authorized representative, and be committee, the manager or other official to act in his behalf in obtaining price properly endorsed in blank by the pro empowered to sign contracts for or on support, or two or more eligible pro so as to vest title in the holder;
behalf of the cooperative must sign a ducers may designate an agent to act in ducer 2 Show the location of the ware statement in substantially the following their joint behalf in obtaining price sup house;
form:
port. In such event the producer or 3 State the quantity of tung oil group of producers shall execute a form I hereby certify:
guaranteed by the warehouseman;
substantially equivalent to CCC
Tung 1 T h a t-------- pounds of tung oil stored 4 Guarantee that the tung oil when at the mills shown below and which are Nut Form 1 for purchase agreements or delivered out by the warehouse, will meet being pledged to CCQ as collateral for loan, to CCC Tung Nut Form 1-A for loans.
or are being tendered for delivery to CCC un A copy of each designation of agent Federal Specification TT-T-775, Tung der purchase agreement, were processed signed by the producer s and indicating Oil dated May 28, 1957.
5 State the date of issue;
fr o m -------- tons of eligible 1959 crop tung the maximum quantity of eligible tung Set forth in its written terms that nuts produced by eligible producer s ;
nuts which the producer or each pro the6tung oil is insured for not less than ducer in the case of a group will pro the full market 1
2 3
value against loss by Are, Name and ad- 1959 erop tung Tung oil crushed duce on the producers own farm, and on lightning, inherent explosion, windstorm, dress of tung nuts delivered from tung nuts which price support is desired, must be tornado, leakage and such other mill.
for c ru sh in g in col. 2 pounds, delivered to the county office before any cyclone, tons.
hazards required by statute or insured purchase agreement or loan documents CCC Tung Nut Form 1
Crop Y ear____
by the warehouseman;
filed by the agent on behalf of such pro against 7
Be negotiable;
P roducers Designation op Agent ducer are approved. A separate cer 8 Be issued in the name of the pro tification of eligibility must be executed ducer PURCHASE AGREEMENT
in case of a cooperative, in the for or on behalf of each producer.
Price Support Program name of the producer deliyering tung CCC Tung Nut Form 1-A
Crop Year ______ nuts or tung oil to i t ;
I we the undersigned eligible tung nut 9 Include a statement or endorse P roducers D esignation op Agent producers h e r e b y appoint _________ _
ment in substantially the following form:
Name TUNG OIL LOAN
All warehouse charges including in ----- my our agent with full authorAddress Tung Nut Price Support Program surance through the storage season on ity to act for me us and in my our name I we th e undersigned eligible tung nut the tung oil represented by this ware and stead in obtaining price support under producers hereby a p p o in t_____________ _ house receipt have been paid or other the tung nut price support program of the wise provided for, and the warehouseman Name Commodity Credit Corporation for the crop -------------- - my our agent with full authorhas no lien uporj the tung oil for such year shown above, which is administered Address through State and County ASC Committees ity to act for me us and in my our charges; and 10 Contain such other terms and of the United States Department of Agri name stead in obtaining price support conditions as CCC may.require in tung culture. In exercising such authority the under and the tung nut price support program above-named person is empowered to execute of the Commodity Credit Corporation for oil storage agreement with approved all applicable purchase agreement docu the crop year shown above which is admin warehouseman.

ments, to notify Commodity Credit Corpora tion of my our intention to sell tung nuts or tung oil, to pool my our tung nuts or tung oil with tung nuts or tung oil owned by other eligible producers and to warehouse such tung nuts or tung oil at my our pro rata expense, and to sell and deliver such pooled tung nuts or/tung oil to Commodity Credit Corporation, to make joint settlement and receive payment on my our behalf for tung nuts or tung oil so sold and delivered, and to perform any and all other acts neces
istered through State and county ASC Com mittees of the United States Department of Agriculture. In exercising such authority, the above-named person is empowered to execute all loan documents, to pool my our tung oil with tung oil owned by other eli gible producers, to pledge to CCC as security for loans warehouse receipts representing such pooled oil, to receive the proceeds of such loans on my our behalf, to dis tribute all of such proceeds pro-rata to me among us and any other producers in
443.1592
ducer.

Personal liability of the pro
Any fraudulent representation made by any producer or agent of. the producer in executing any of the purchase agree ment or loan documents or in obtaining the purchase agreement or loan pro ceeds, or the conversion or unlawful dis-;
position of any portion of the com m od ity by the producer, or agent of the pro-