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prescribe, and shall bear interest at the rate of 542 per centum per

(d) Fees for recording, filing, registration, and examination of records (including certificates) in connection with each loan made hereunder shall be paid by the borrower: Provided, however, That such fees aggregating not to exceed 75 cents per loan may be paid by him from the proceeds of his loan. No fees for releasing liens given to secure loans shall be paid from the funds made available hereunder.

(e) The funds hereby or hereafter allocated may be used also for all necessary administrative expenses in carrying out the provisions of this section to and including June 30, 1937.

(f) In carrying out the provisions of this section, the Farm Credit Administration may (1) make expenditures for supplies and equipment, traveling expenses, rental of offices, printing and binding, and other necessary expenses, and (2) accept voluntary and uncompensated services, appoint officers and employees without regard to the provisions of the Civil Service laws and regulations, and fix the compensation of any officers and employees so appointed without regard to the Classification Act of 1923 (42 Stat. 1988), as amended. (49 Stat. 115) [E.O. 7305, Feb. 28, 1936]

PART 2-FARM CREDIT DISTRICTS

Section 2.1 Farm credit districts. The twelve farm credit districts and the twelve cities selected for the location of the Federal land banks are as follows:

DISTRICT NO. 1

The States of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York and New Jersey.

Location of the Federal Land Bank-Springfield, Massachusetts.

DISTRICT NO. 2

The States of Pennsylvania, Delaware, Maryland, Virginia and West Virginia, the District of Columbia, and the Island of Puerto Rico.

Location of the Federal Land Bank-Baltimore, Maryland.

The Federal Land Bank of Baltimore is authorized to establish a branch bank in the City of San Juan on the Island of Puerto Rico.

DISTRICT NO. 3

The States of North Carolina, South Carolina, Georgia and Florida.
Location of the Federal Land Bank-Columbia, South Carolina.

DISTRIOT NO. 4

The States of Ohio, Indiana, Kentucky and Tennessee.
Location of the Federal Land Bank-Louisville, Kentucky.

DISTRICT NO. 5

The States of Alabama, Mississippi and Louisiana.
Location of the Federal Land Bank-New Orleans, Louisiana.

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DISTRICT NO. 6

The States of Illinois, Missouri and Arkansas.
Location of the Federal Land Bank-St. Louis, Missouri.

DISTRICT NO. 7

The States of Michigan, Wisconsin, Minnesota, and North Dakota.
Location of the Federal Land Bank-St. Paul, Minnesota.

DISTRICT NO. 8

The States of Iowa, Nebraska, South Dakota and Wyoming.
Location of the Federal Land Bank-Omaha, Nebraska.

DISTRICT NO. 9

The States of Oklahoma, Kansas, Colorado and New Mexico.
Location of the Federal Land Bank-Wichita, Kansas.

DISTRICT NO. 10

The State of Texas.
Location of the Federal Land Bank-Houston, Texas.

DISTRICT NO. 11

The States of California, Nevada, Utah and Arizona, and the Territory of Hawaii.

Location of the Federal Land Bank-Berkeley, California.

The Federal Land Bank of Berkeley is designated as the Federal Land Bank which is authorized to establish branch banks in the Territory of Hawaii.

DISTRICT NO. 12

The States of Washington, Oregon, Montana and Idaho.

Location of the Federal Land Bank-Spokane, Washington. (Sec. 4, 39 Stat. 369, 41 Stat. 1148, sec. 2, 43 Stat. 17; 12 U.S.C. 671, 672) [Res. Fed. Farm Loan Bd., Dec. 27, 1916, Res. Fed. Farm Loan Bd., May 18, 1922, FCA Order 31, Feb. 15, 1934]

PART 3-FUNCTIONS OF ADMINISTRATIVE OFFICERS

Sec.

Sec. 3.1 Authority, and order of precedence, 3.10 Authorization for joint stock land

of Deputy Governors to act in the banks to hold title to real estate absence of the Governor.

for a longer period than five 3.5 Functions, powers, authority, and years.

duties of Land Bank Commis- 3.11 Authority to grant charters and sioner.

amendments to charters of na3.6 Order of precedence of Deputy tional farm loan associations.

Land Bank Commissioners. 3.12 Approval of loans by the Federal 3.7 Approval of acts of receivers of land banks in excess of $25,000.

joint stock land banks by Land 3.13 Approval of loans by the Federal Bank Commissioner and Deputy land banks to livestock corporaLand Bank Commissioners.

tions. 3.8 Approval of acts of receivers of 3.14 Approval of Land Bank Commis

joint stock land banks by Chief sioner loans to livestock corporaof Joint Stock Land Bank Sec

tions. tion.

3.15 Authority of Deputy Land Bank 3.9 Authorization to hold title to real Commissioners to approve retire

estate for a longer period than ment of capital stock of Federal five years.

land banks.

Pa

Sec.

Sec. 3.16 Authorization of Deputy Land 3.70 Functions, powers, authority, aná

Bank Commissioners to sign cer- duties of Executive Officer in retificates of authority.

gard to Federal Credit Unions. 3.30 Functions, powers, authority, and 3.71 Execution of Government leases

duties of Intermediate Credit by Executive Officer and/or AsCommissioner.

sistant Executive Officer. 3.31 Authority, and order of precedence, 3.72 Authentication of copies of official

of Deputy Intermediate Credit documents.
Commissioners and Assistant In- 3.73 Attestation of signatures of off-
termediate Credit Commissioner

cials.
to act as Intermediate Credit 3.74 Authority of Assistant Chief Clerk.
Commissioner.

3.79 Functions, powers, authority, and 3.40 Functions, powers, authority, and duties of Director, Assistant Di. duties of Production Credit Com

rector, and Chief of Credits and missioner.

Collections, Emergency Crop and 3.41 Authority of Deputy Production Feed Loan Section.

Credit Commissioner, Assistant 3.80 Designation of amanuenses to give Deputy Commissioners, and As- consents under nondisturbance sistant Production Credit Com

agreements. missioner to act as Commissioner. 3.81 Authority to give consent to the 3.42 Authority of production credit cor- execution of chattel mortgages

poration presidents to approve and/or lien instruments by appliproduction credit association by- cants for livestock feed loans.

laws and amendments thereto. 3.82 Authority to execute assignments 3.43 Authority of production credit cor- of Emergency Crop and Feed

poration vice presidents to ap- Loans to the Farm Security Ad-
prove production credit associa- ministration,
tion bylaws and amendments 3.83 Performance of services by the
thereto.

Emergency Crop and Feed Loan 3.50 Functions, powers, authority, and Section for the regional agricul. duties of Cooperative Bank Com

tural credit corporations. missioner and Deputy Cooperative 3.84 Authority to subordinate in cerBank Commissioners.

tain instances liens acquired as 3.60 Functions and duties of Director security for unpaid drought feed of the Revolving Fund.

loans. 3.65 Functions, powers, authorities, and 3.85 Authority to execute Parts II and

duties of the Director and the III of Agricultural Adjustment
Assistant Director of the Re- Administration Form ACP-69.
gional Agricultural Credit Divi-
sion.

Section 3.1 Authority, and order of precedence, of Deputy Governors to act in the absence of the Governor. F. F. Hill, Deputy Governor, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Governor of the Farm Credit Administration, in the event that the Governor is unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause.

Arthur T. Esgate, Deputy Governor, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Governor of the Farm Credit Administration, in the event that the Governor and Deputy Governor Hill are both unavailable to act, by reason of absence from the Washington office of the Farm Credit Administration, or for any other cause.

Charles A. Stewart, Deputy Governor, is authorized to execute and perform all functions, powers, authority, and duties pertaining to the office of Governor of the Farm Credit Administration, in the event that the Governor, Deputy Governor Hill, and Deputy Gover

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nor Esgate 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)) (FCĂ Order 198, Sept. 1, 1937]

3.5 Functions, powers, authority, and duties of Land Bank Commissioner. The Land Bank Commissioner shall, subject to the jurisdiction and control of the Farm Credit Administration, execute and perform all functions, powers, authority, and duties heretofore vested in or conferred upon the Federal Farm Loan Board or the Land Bank Commissioner (previously known as the Farm Loan Commissioner), except functions, powers, authority, and duties pertaining to intermediate credit and to matters incidental thereto and to the administration of the provisions of law relative to Federal intermediate credit banks, and shall, subject to such supervision and control, execute and perform all functions, powers, authority, and duties of the Farm Credit Administration relative to the administration of the provisions of law relating to Federal land banks, national farm loan associations, and joint stock land banks. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1(m). Sec. 80 (a), 48 Stat. 273; 12 U.S.C. 638 (a)) [FCA Order 223, Apr. 20, 1938]

3.6 Order of precedence of Deputy Land Bank Commissioners. W. J. McAnelly, Deputy Land Bank Commissioner, is authorized and empowered to perform any and

all functions, powers, authority, and duties which the Land Bank Commissioner is authorized and empowered to perform in the event said Commissioner is absent or unable to serve for any reason.

P. L. Gaddis, Deputy Land Bank Commissioner, is authorized and empowered to perform any and all functions, powers, authority, and duties which the Land Bank Commissioner is authorized and empowered to perform in the event said Commissioner and Deputy Land Bank Commissioner McAnelly are absent or unable to serve for any reason.

J. R. Isleib, Deputy Land Bank Commissioner, is authorized and empowered to perform any and

all functions, powers, authority, and duties which the Land Bank Commissioner is authorized and empowered to perform in the event said Commissioner and Deputy Land Bank Commissioners McAnelly and Gaddis are absent or unable to serve for any reason.

W. E. Rhea, Deputy Land Bank Commissioner, is authorized and empowered to perform any and all functions, powers, authority, and duties which the Land Bank Commissioner is authorized and empowered to perform in the event said

Commissioner and Deputy Land Bank Commissioners McAnelly, Gaddis, and Isleib are absent or unable to serve for any reason. (E.O. 6084, Mar. 27, 1933, , 6 CFR 1.1(m). Secs. 39, 40, 48 Stat. 50, 51; 12 U.S.C. 637, 636) [FCA Order 195, Aug. 5, 1937]

3.7 Approval of acts of receivers of joint stock land banks by Land Bank Commissioner and Deputy Land Bank Commissioners. Authorization is given to the Land Bank Commissioner to approve, on such terms as the Commissioner shall direct, the acts

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pursuant to section 29 of the Federal Farm Loan Act (39 Stat. 381; 12 U.S.C. 961-967, and Sup.) of any receiver of any joint stock land bank appointed under the provisions of said section 29.

Authorization is given, severally and not jointly, to P. L. Gaddis, W.J. McAnelly, and w. E. Rhea, Deputy Land Bank Commissioners, to approve (on such terms as any one of said Deputy Land Bank Commissioners shall direct) the acts pursuant to section 29 of the Federal Farm Loan Act (39 Stat. 381; 12 U.S.C. 961-967, and Sup.) of any receiver of any joint stock land bank appointed under the provisions of said section 29. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1(m)) [FCA Order 110, Oct. 5, 1935]

3.8 Approval of acts of receivers of joint stock land banks by Chief of Joint Stock Land Bank Section. R. C. Engberg, Chief, Joint Stock Land Bank Section, is authorized to approve, on such terms as he shall direct, the acts pursuant to section 29 of the Federal Farm Loan Act (39 Stat. 381; 12 U.S.C. 961-967, and Sup.) of any receiver of any joint stock land bank appointed under the provisions of said section 29 in the event that Deputy Commissioner W. E. Rhea is absent or unable, for any reason, to exercise the authority vested in him. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1(m)) [FCA Order 132, Apr. 28, 1936]

3.9 Authorization to hold title to real estate for a longer period than five years. Authorization is given, severally and not jointly, to W. J. McAnelly, Deputy Land Bank Commissioner, Carl Colvin, Assistant Deputy Land Bank Commissioner, James B. Davis, Chief, Real Estate and Collection Section, and 'Barney Schnecklóth, Assistant Chief, Real Estate and Collection Section, to authorize (on such terms as any one of them shall direct) the Federal land banks and joint stock land banks to hold title and possession of real estate for a period longer than five years pursuant to paragraph Fourth (b) of section 13 of the Federal Farm Loan Act (39 Stat. 372; 12 U.S.C. 781 "Fourth"), as amended. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1(m)) [FCA Order 153, July 27, 1936]

3.10 Authorization for joint stock land banks to hold title to real estate for a longer period than five years. Authorization is given, severally and not jointly, to W. E. Rhea, Deputy Land Bank Commissioner, and R. C. Engberg, Chief, Joint Stock Land Bank Section, to authorize (on such terms as either of them shall direct) the joint stock land banks to hold title and possession of real estate for a period longer than five years pursuant to paragraph Fourth (b) of section 13 of the Federal Farm Loan Act (39 Stat. 372; 12 U.S.C. 781 "Fourth"), as amended. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1(m)) [FCA Order 160, Aug. 11, 1936]

3.11 Authority to grant charters and amendments to charters of national farm loan associations. Authorization is given, severally and not jointly, to each Deputy Land Bank Commissioner, to grant, on such terms as any one of them shall direct, charters and amendments to charters of national farm loan associations. (E.O. 6084, Mar. 27, 1933, 6 CFR 1.1(m)) [FCA Order 157, July 28, 1936]

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