Page:United States Statutes at Large Volume 69.djvu/104

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PUBLIC LAW 40-MAY 23, 1955

[69 S T A T.

REIMBURSEMENT TO COMMODITY CREDIT CORPORATION FOR E M E R G E N C Y FEED ASSISTANCE

To reimburse the Commodity Credit Corporation for losses representing the difference between the vahie of feed furnished farmers and stockmen in disaster areas and sales price received by the Corporation, $42,100,000. REIMBURSEMENT TO COMMODITY CREDIT CORPORATION FOR E M E R G E N C Y F A M I N E R E L I EFT OF R I E N D L Y PEOPLES

22 USC note.

165 1

To reimburse the Commodity Credit Corporation for its investment (including costs of handling, delivery, and interest through June 30, 1955) in commodities disposed of under the Act of August 7, 1953 (67 Stat. 476),$9,545,830. TITLE IV—FARM CREDIT ADMINISTRATION

56 Stat. 999.

48 Stat. 344.

Not to exceed $2,320,000 (from assessments collected from farm credit agencies) shall be obligated during the current fiscal year for administrative expenses, including $3,500 for the purchase and installation of air-conditioning equipment (40 U.S.C. 317). Federal F a r m Mortgage Corporation: Not to exceed $550,000 (to be computed on an accrual basis) of the funds of the Corporation shall be available for administrative expenses, including employment on a contract or fee basis of persons, firms, and corporations for the performance of special services, including legal services, and the use of the services and facilities of Federal land banks, national farm loan associations. Federal Reserve banks, and agencies of the Government as authoHzed by the Act of January 31, 1934 (12 U.S.C. 1020-1020h); and said total sum shall be exclusive of services and facilities furnished and examinations made by the F a r m Credit Administration, interest expense, and expenses in connection with the acquisition, operation, maintenance, improvement, protection, or disposition of real or personal property belonging to the Corporation or in which it has an interest: Provided, That promptly after June 30 of each fiscal year all cash funds in excess of the estimated operating requirements for the current fiscal year shall be declared as dividends and paid into the general fund of the Treasury: Provided further, That the aggregate amount of bonds the Corporation may issue and have outstanding at any one time shall not exceed $500,000,000. Federal intermediate credit banks: Not to exceed $1,825,000 (to be computed on an accrual basis) of the funds of the banks shall be available for administrative expenses and services performed for the banks by other Government agencies (except services and facilities furnished and examinations made by the Farm Credit Administration, and services performed by any Federal Reserve bank and by the United States Treasury in connection with the financial transactions of the banks); and said total sum shall be exclusive of interest expense, legal and special services performed on a contract or fee basis, and expenses in connection with the acquisition, operation, maintenance, improvement, protection, or disposition of real or personal property belonging to the banks or in which they have an interest. Production credit corporations: Not to exceed $1,595,000 (to be computed on an accrual basis) of the funds of the corporations shall be available for administrative expenses, including the purchase of not to exceed six passenger motor vehicles for replacement only, and services performed for the corporations by other Government agencies (except services and facilities furnished and examinations made by

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