Lapas attēli
PDF
ePub

relative to production credit corporations and production credit associations. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m). Sec. 80 (b), 48 Stat. 273; 12 U.S.C. 638 (b)) [FCA Order 40, Mar. 9, 1934]

3.41 Authority of Deputy Production Credit Commissioner, Assistant Deputy Commissioners, and Assistant Production Credit Commissioner to act as Commissioner. C. R. Arnold, Deputy Production Credit Commissioner, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Production Credit Commissioner in the event that the Commissioner is unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other

cause.

K. L. Scott, Assistant Deputy Commissioner, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Production Credit Commissioner in the event that the Commissioner and Deputy Production Credit Commissioner Arnold are both unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause.

Verne Simmons, Assistant Production Credit Commissioner, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Production Credit Commissioner in the event that the Commissioner, Deputy Production Credit Commissioner Arnold, and Assistant Deputy Commissioner Scott are all unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause.

W. J. Kerlin, Assistant Deputy Commissioner, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Production Credit Commissioner in the event that the Commissioner, Deputy Production Credit Commissioner Arnold, Assistant Deputy Commissioner Scott, and Assistant Production Credit Commissioner Simmons are all unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 200, Sept. 1, 1937]

3.42 Authority of production credit corporation presidents to approve production credit association bylaws and amendments thereto. The president of each production credit corporation is designated the amanuensis of the Governor of the Farm Credit Administration to endorse his approval upon all production credit association bylaws which conform with Form PCA-202 and amendments thereto, the forms of which have been approved by him. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 30, Feb. 14, 1934]

3.43 Authority of production credit corporation vice presidents to approve production credit association bylaws and amendments thereto. The vice president of each production credit corporation is designated an amanuensis with full power and authority, in the absence or disability of the president of such production credit corporation, to endorse the Governor's approval upon all bylaws which conform with Form PCA-202 and amendments thereto heretofore or hereafter approved by the Governor, and which have

Page 13

been formally adopted by the respective boards of directors of production credit associations located within the district served by such production credit corporation. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 62, Aug. 18, 1934]

3.50 Functions, powers, authority, and duties of Cooperative Bank Commissioner and Deputy Cooperative Bank Commissioners. The Cooperative Bank Commissioner shall, subject to the jurisdiction and control of the Governor of the Farm Credit Administration, execute and perform all functions, powers, authority, and duties pertaining to (a) the administration of the provisions of law relative to the Central Bank for Cooperatives and the banks for cooperatives and (b) the administration of the provisions of the Act of Congress approved July 2, 1926 (44 Stat. 802; 7 U.S.C. 451-457), generally referred to as the Cooperative Marketing Act.

J. E. Wells, Jr., Deputy Cooperative Bank Commissioner, is authorized to execute and perform the functions, powers, authority, and duties pertaining to the office of Cooperative Bank Commissioner in the event that the Cooperative Bank Commissioner is unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause.

J. D. Lawrence, Deputy Cooperative Bank Commissioner, is authorized to execute and perform the functions, powers, authority, and duties pertaining to the office of Cooperative Bank Commissioner in the event that the Cooperative Bank Commissioner and J. E. Wells, Jr., Deputy Cooperative Bank Commissioner, are both unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m). Sec. 80 (b), 48 Stat. 273; 12 U.S.C. 638 (b)) [FCA Order 191, June 18, 1937]

3.60 Functions and duties of Director of the Revolving Fund. The Director of the Revolving Fund is authorized and empowered: (a) To accept or reject applications for loans from the Revolving Fund authorized by the Agricultural Marketing Act (46 Stat. 11; 12 U.S.C. 1141-1141j, and Sup.), in whole or in part, to make commitments therefor, and to perform any and all functions and duties, in accordance with law, which the Governor of the Farm Credit Administration is authorized to perform with respect to questions, matters, and things arising under the Agricultural Marketing Act, as amended, except the approval of vouchers for the disbursement of money from the Revolving Fund; and (b) to perform any and all functions and duties, in accordance with law, which the Governor of the Farm Credit Administration is authorized to perform with respect to the administration of the Act of March 3, 1932 (47 Stat. 60; 12 U.S.C. 1401-1404), relating to loans to individuals for the purpose of assisting in forming or increasing the capital stock of agricultural credit corporations, livestock loan companies, or like organizations.

The Director of the Revolving Fund will report to the Governor through Deputy Governor C. A. Stewart, who is authorized and empowered to perform any and all functions and duties which the Director of the Revolving Fund is authorized and empowered to perform, in the event the Director of the Revolving Fund is unavailable to act

Page 14

by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 185, Apr. 6, 1937, FCA Order 199, Sept. 1, 1937, FCA Order 213, Feb. 16, 1938]

3.65 Functions, powers, authorities, and duties of the Director and the Assistant Director of the Regional Agricultural Credit Division. The Director of the Regional Agricultural Credit Division of the Farm Credit Administration is authorized and empowered, subject to the jurisdiction and control of the Governor of the Farm Credit Administration, to execute and perform all functions, powers, authority, and duties which the Governor of the Farm Credit Administration is authorized to do and perform relative to all matters and things arising in connection with the administration of the regional agricultural credit corporations and the provisions of law pertaining thereto.

The Assistant Director of the Regional Agricultural Credit Division of the Farm Credit Administration is authorized and empowered to execute and perform all functions, powers, authority, and duties pertaining to the office of the Director of the Regional Agricultural Credit Division of the Farm Credit Administration in the event the Director is unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 208, Jan. 27, 1938] 3.70 Functions, powers, authority, and duties of Executive Officer in regard to Federal Credit Unions. The Executive Officer of the Farm Credit Administration is authorized and empowered to execute and perform, subject to the jurisdiction and control of the Governor of the Farm Credit Administration, all functions, powers, authority, and duties pertaining to the administration of the provisions of the Federal Credit Union Act (48 Stat. 1216; 12 U.S.C. 1751-1770), as amended (including, but not by way of limitation, the approval and issuance of charters and the suspension and cancelation of charters). (Sec. 16, 48 Stat. 1221; 12 U.S.C. 1766) [FCA Order 183, Mar. 18, 1937, FCA Order 221, Apr. 4, 1938]

3.71 Execution of Government leases by Executive Officer and/or Assistant Executive Officer. The Executive Officer and/or the Assistant Executive officer of the Farm Credit Administration are authorized and empowered to execute all Government leases for space required by any of the field offices of the Farm Credit Administration. (E. O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 115, Dec. 5, 1935]

3.72 Authentication of copies of official documents. The Chief Clerk of the Farm Credit Administration is authorized to affix his signature and the seal of the Farm Credit Administration to certificates authenticating copies of and/or excerpts from the official records and files of the Farm Credit Administration. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 54, June 8, 1934]

3.73 Attestation of signatures of officials. The Chief Clerk of the Farm Credit Administration is authorized to affix his signature

Page 15 [507]

and the seal of the Farm Credit Administration on official documents for the purpose of attesting the signatures of officials of the Farm Credit Administration. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 55, June 23, 1934]

3.74 Authority of Assistant Chief Clerk. In the event that the Chief Clerk of the Farm Credit Administration is unavailable to act by reason of absence from the Washington office of the Farm Credit Administration or for any other cause, the Assistant Chief Clerk is authorized:

(a) To affix his signature and the seal of the Farm Credit Administration to certificates authenticating copies of and excerpts from the official records and files of the Farm Credit Administration; and

(b) To affix his signature and the seal of the Farm Credit Administration on official documents for the purpose of attesting the signatures of officials of the Farm Credit Administration. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m)) [FCA Order 106, Aug. 3, 1935]

3.79 Functions, powers, authority, and duties of Director, Assistant Director, and Chief of Credits and Collections, Emergency Crop and Feed Loan Section. The Director of the Emergency Crop and Feed Loan Section is authorized and empowered, subject to the jurisdiction of the Production Credit Commissioner, to execute and perform all functions, powers, authority, and duties vested in the Governor of the Farm Credit Administration by any Act of Congress or Executive Order relative to emergency crop and feed loans and matters incidental thereto.

The Assistant Director of the Emergency Crop and Feed Loan Section is authorized and empowered to perform any and all functions and duties which the Director of the Emergency Crop and Feed Loan Section is authorized and empowered to perform, in the event that the Director is unavailable to act by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause.

The Chief of Credits and Collections of the Emergency Crop and Feed Loan Section is authorized and empowered to perform any and all functions and duties which the director of the Emergency Crop and Feed Loan Section is authorized and empowered to perform, in the event that both the Director and the Assistant Director are unavailable to act by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1 (m). Sec. 5, 50 Stat. 6; 12 U.S.C., Sup., 1020m) [FCA Order 189, May 19, 1937]

3.80 Designation of amanuenses to give consents under nondisturbance agreements. The manager of each regional office of the Emergency Crop and Feed Loan Section is designated by the Governor as his amanuensis to give his written consent to any signer of a Nondisturbance Agreement (Form No. 4-FD-1934-E.C.F.L.), executed in connection with a loan made under the provisions of the Emergency Appropriation Act, fiscal year 1935 (48 Stat. 1055), to take any step or do any thing prohibited by such agreement, in any case where such manager is satisfied that:

Page 16

(a) The borrower has abandoned or is about to abandon a substantial part of the property covered by a lien or liens in favor of such signer.

(b) An action to recover under the terms of a note, or the lien securing the same, soon may become legally barred through the operation of an applicable statute of limitations, and the borrower refuses to execute such documents as may be reasonably necessary to extend or renew the enforceable life of such note and/or lien.

(c) The facts clearly disclose acts of bad faith on the part of the borrower which directly jeopardize a substantial interest of the signer.

(d) It has become necessary to protect the signer's rights because of legal proceedings instituted against the borrower by other creditors. (E.O. 6747, June 23, 1934, 6 CFR 1.3, 48 Stat. 1055) [FCA Order 63, Aug. 18, 1934]

3.81 Authority to give consent to the execution of chattel mortgages and/or lien instruments by applicants for livestock feed loans. The manager of each regional office of the Emergency Crop and Feed Loan Section (in respect to all cases originating in his territory), is authorized to give to any applicant who has executed and filed an application (Form 2-FD) required in connection with loans made under the provisions of the Emergency Appropriation Act, fiscal year 1935 (48 Stat. 1055), the Governor's written consent to the execution by the applicant of chattel mortgages and/or other lien instruments upon, or waivers of rights in and to, any or all of the property listed in the said application, as security solely for the repayment of funds being currently advanced or loaned to such borrower for the protection of his crops, livestock, and/or other farm property; provided the said manager is satisfied that such loan or advance is necessary for the care and preservation of the property to which such consent applies. (E.O. 6747, June 23, 1934, 6 CFR 1.3, 48 Stat. 1055) [FCA Order 134, Apr. 29, 1936]

3.82 Authority to execute assignments of Emergency Crop and Feed Loans to the Farm Security Administration. In any case where the Farm Security Administration makes payment in full of any loan made under the provisions of the Act of Congress approved January 29, 1937 (50 Stat. 5; 12 U.S.C., Sup., 10201-10200), each regional manager of the Emergency Crop and Feed Loan Section, in connection with any such case arising in his territory, is hereby authorized:

(a) To endorse without recourse, in the Governor's name and on his behalf, and deliver to the Farm Security Administration, the note or notes evidencing such loan;

(b) To execute without warranty, in the Governor's name and on his behalf, to the Farm Security Administration an assignment of the lien instrument or instruments securing such loan. (Sec. 1, 50 Stat. 5; 12 U.S.C., Sup., 1020i) [FCA Order 194, Aug. 2, 1937]

3.83 Performance of services by the Emergency Crop and Feed Loan Section for the regional agricultural credit corporations. The services of the officers and employees of any regional office of the

Page 17

« iepriekšējāTurpināt »