WEIGHTS AND MEASURES Act of March 23, 1920, ch. 106, 383. National Screw Thread Commission - Extension of Term, 383. Act of May 29, 1920, ch. 214 (Legislative, Executive and Judicial Appropriation Act), 383. Sec. 1. National Bureau of Standards — Investigations Made for Governmental Departments — Funds Available, 383. Joint Resolution Extending the term of the National Screw Thread Commission for a period of two years from March 21, 1920. [Act of March 23, 1920, ch. 106, 41 Stat. L. 536.] [National Screw Thread Commission-extension of term.] That the term of the National Screw Thread Commission, created by an Act approved July 18, 1918, as amended by an Act approved March 3, 1919, be, and the same is hereby, extended for an additional period of two years from March 21, 1920. [41 Stat. L. 536.] For Act of July 18, 1918, as amended by Act of March 3, 1919, and here extended as to time, see 1919 Supp. Fed. Stat. Ann. 395. [SEC. 1.] [National Bureau of Standards - investigations made for governmental departments - funds available.] During the fiscal year 1921, the head of any department or independent establishment of the Government having funds available for scientific investigations and requiring cooperative work by the Bureau of Standards on scientific investigations within the scope of the functions of that Bureau and which it is unable to perform within the limits of its appropriations, may, with the approval of the Secretary of Commerce, transfer to the Bureau of Standards such sums as may be necessary to carry on such investigations. The Secretary of the Treasury shall transfer on the books of the Treasury Department any sums which may be authorized hereunder and such amounts shall be placed to the credit of the Bureau of Standards for the performance of work for the department or establishment from which the transfer is made. [41 Stat. L. 683.] This is from the Legislative, Executive and Judicial Appropriation Act of May 29, 1920, ch. 214. WEST POINT See MILITARY ACADEMY WOMAN SUFFRAGE Constitutional Amendment granting suffrage to women, see Index. WOMEN'S BUREAU See LABOR DEPARTMENT YOSEMITE NATIONAL PARK See PUBLIC PARKS SUPPLEMENTAL NOTES TO STATUTES Throughout these Notes references to 1st ed. Fed. Stat. Ann. and Supplements hereto are indicated in [ ]. A complete table of these references, numerically arranged, appears among the tables at the beginning of this volume. [385] 13 AGRICULTURE 1918 Supp., p. 25, sec. 12. Loan secured by first mortgage as affected by state law creating potentiality of encumbrances for seed grain and feed. Under the provisions of the Federal Farm Loan Act, a federal land bank has authority to make a loan secured by a first mortgage on farm land in North Dakota, if at the date when the mortgage is executed there is no other actual lien or encumbrance then in existence, notwithstanding the Seed and Feed Bonding Act of North Dakota creates as to all farm lands in the state a potentiality of encumbrances for seed grain and feed which may It displace the lien of a first mortgage. clearly lies within the discretion of the Farm Loan Board, however, to refuse to approve such classes of first liens on farm lands as it may deem undesirable security for loans by reason of the potentiality of accrual of liens under the statute in question or otherwise. (1918) 31 Op. Atty.-Gen. 605, wherein it was said: Thus "The effect of the statute in question is in substance to make it possible for any owner of farm land in North Dakota at any time after giving a first mortgage to bring into existence by his voluntary action a lien which by virtue of the statute will take precedence over the mortgage which he has previously executed. In other words, the statute creates as to all farm lands in the state a potentiality of encumbrance which may displace the lien of a first mortgage. Such a potentiality, however, is not uncommon in the legislation of the various states of the Union. in Oklahoma (section 7606 of the Revised Laws of Oklahoma, 1910) provision is made whereby any owner of real estate in any county in which a permanent highway is proposed to be constructed may contribute a sum which by his written agreement may be divided into 'ten annual instalments and assessed on his real estate annually and collected in the same manner as taxes; and it is provided that after the filing of the pledge of contribution and its acceptance by the board of county commissioners the same shall become and be a lien upon said property with all the effect of any tax that may be levied against the same;' so also in Florida (section 2208 of the Compiled Laws of Florida, 1914) persons loaning money or advancing goods or merchandise to aid another in the business of planting, farming, timber getting, etc., acquire a lien on the crops, products, and lumber produced through the assistance of said loan or advances,' which lien is a statutory lien of prior dignity to all encumbrances excepting laborers' and landlords' liens. both of these instances the Act which brings the lien into being may be a voluntary act of the mortgagor, performed subsequent to the In execution by him of a first mortgage. I am Validity of contract pertaining to sale of farm loan bonds.-A contract between the Federal Farm Loan Board and certain investment houses, in stipulating that all issues of bonds of the federal land banks for a period of six months from June 1, 1917, should bear interest at the rate of 42 per cent, was not in conflict with the second subsection of this section, which provides that farm land mortgages shall carry "a charge on the loan at a rate not exceeding the interest rate in the last series of farm loan bonds issued by the land bank making the loan." So the provision of a contract to the effect that certain bonds issued by the federal land banks and not disposed of to investment houses should be sold by the issuing banks at the fixed price of 101% was within the purview of the powers conferred by the Federal Farm Loan Act. (1917) 31 Op. Att.-Gen. 122. 1918 Supp., p. 28, sec. 14. Loans to corporations.- Joint-stock land banks are not permitted to make loans either through national farm loan associations or through agents except to natural persons and cannot therefore lend to corporations. (1919) 31 Op. Atty. Gen. 494, wherein it was said: "It results from the facts that loans by federal land banks through national farm loan associations can be made only to members of such associations and that corporations cannot become such members, that federal land banks cannot loan to corporations through national farm loan associations. Federal land banks are authorized to loan otherwise than through national farm loan associations only under the circumstances indicated by section 15, which provides that loans may be made through agents when it shall appear that national farm loan organi |