Page:United States Statutes at Large Volume 42 Part 1.djvu/210

 182 SIXTY-SEVENTH CONGRESS. · Sess. I. Ch. S0. 1921. I““'”'*· Such advances shall bear interest at the rates fixed by the Corporation. ‘ · _ m§‘§‘}f:,"?°{, ,,g_?"'°" "Sec. 23. Notwithstanding the limitation of section 1, the advances kwmeumd proyided for by section 21,and section 22 of this Act may be made P‘¥'°!**e. until duly 1, 1923.- Theflorporation may from time to time extend ’ the -t1me·of pcyinentuof any-suolnadvance or advancesethrough reum newals, substitution of new obhgations, or otherwise, but the time ' for(ithe. t»of»any‘it11dbi:3ance util; gndereputhority of sgcgion il . an sec ’ shallno {exten eyon threeyears mte S I I I date Anilpon which such advance was originally made. mn num an an- " advances made under section·2I or under section 22 of this Act "“"· _  be made against, promissory; note or notes, or other instrument 3'm‘£‘§i‘t’.‘I°.;Zi“e‘¤?¤§';‘L‘}0‘?;gr£?‘{’.?°i'§g iii ‘£?J2°;'€§’”Z'£ ‘E'i‘%°" *23 t - . a a uri wi interest as eupulated therein, with full and adequate securitydh each mstanco by mdonsement, guaranty,   or ,otherwise. The ·,. . gwhh  gilall rgun thtehpowertto require atilditionalagecurity at any e. .no or-—o r instruments evi encin · r to §'=l· Umm ppisons outdde the-United Statessshall be in terms g alilzniidsthe _ ‘ W mted States, m ciurency of the United States, and shaai be secured www ".'"°"‘ · '°‘ by adequate guarantees or indorsements in the United States, or-by warglggixse receipts, acceptable cilatcgpl, 05 other instruments in .. wri _ conve or securing mar eta ti to `cultural rod- __, ..e,,SE..;r5 ¤P..*'§d sera. ha,  ° ·° fw " ue.,nsvi¤;m¤»•s- . .- never in t opiniomof the Board of Directors of nw M [W ‘ · • . » • · · · ythe Corporationthe-public mterest may re uare it the Co or t s1lv• ¤¢¤¤k- shallebe tauthonzedmapd   to· mailto adxéances uppon ziigli termsno mconsnsnwi ctasitma trminto bank, banker, or trust company in the United Ssages, og to  cooperative association of producers in the United States which ma Dmmmng mm have made advances for agricultural pur oses, including the breed}; •u.,¤.m.¤. ’ ing, ransmuag, fattenmg, signi marluging ol;)lli1ve stock, or may have steamy um. nn or unt notes rats, sofe h eoroth mq negotiable instruments imued fo; such purposes. gzucghmidvance zi advsznces may be mzle upon   note or notes, otii1<;th)er instru= men ormsrumen msuc‘ormas—toimposeon orr ' bank, banker, trust bompany, or cooperative associations. priihraig and imconditional obligation to replay the advance at maturnt with interest as stipulated therein, and s a lbe fully and adequatelgr secured ,,.__m“mn_ in each instance by mdorsement, guaranty, pled e, or otherwise. hismsus mem- Such advances may be made for a period not excee&ng one year and ' the Corpoigatipn may lt:-om gmc to gsme ixtend the time of plsgyment o an suc a vance t oug renew, su t't f f b f or otherwise, but the time for the payment? drLl¤i;us:e1lBdli$a¤c:sli):uS pst be extended beyilznd three yrqqlrs from the date upon which such ummmaax. vance was origin y made. e aggregate of advances mad t any bank, banker, trust company, or cooperative association sliall not exceed the amount remaining unpaid of the advances made by such banlg, hanger, tlxlugt company, or cooperative association for p1u·poses erem _BSC1'1 e . _ ,,,,1 ,,"’,,“"’“°_,, c§gu§§g’,‘_.5 _ "The Corporation may, m_ exceptional cases, upon such terms not _1;:|r;gr;{>¤lqrrz¤iil}Z:{s asp; inconsistent with this Act as it may determine, purchase from domesuvuau. tip banks, bszgkers, or trust coipparéies, notes, drafts, bills of exc ange, or o er instruments o in ebtedne d b h ttel $%%§z,JZ,‘;€:Z£3;S§,';i“‘”“· mr: adteiziwi Mrinw mms,) _ _ _ uringmareaeieot 31 roillymwt, ..,é,m“° products, including hve stock. The Corporation dig) i§r§uiirdeu.to time, upon like security, extend the time of payment of any note, mm drsi t, bill of exchange, or other instrument acquired under this · section, but the time or the payment of any such note, draft, bill of exchange, or other mstrument shall not be extended beyond three