Rural Telephone Supplemental Financing: Hearings Before the Committee on Agriculture, House of Representatives, Ninetieth Congress, First Session on H.R. 12066U.S. Government Printing Office, 1967 - 77 pages |
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Page 17
... understand you would correct this situation , and while it is not illegal , it is something that should not be ... understanding . Mr. DOLE . Even though the loan may not be near the value of the property . You suggest as an alternative ...
... understand you would correct this situation , and while it is not illegal , it is something that should not be ... understanding . Mr. DOLE . Even though the loan may not be near the value of the property . You suggest as an alternative ...
Page 20
... understand what this argument is about . As I see it , you are discussing the rules of the REA which are not involved in this bill at all , because this bill simply sets up a bank that makes loans under the rules set out in this ...
... understand what this argument is about . As I see it , you are discussing the rules of the REA which are not involved in this bill at all , because this bill simply sets up a bank that makes loans under the rules set out in this ...
Page 21
... understand full well why the man does not want to pay off the REA loan . I understand full well why he does not want to pay it off , but I do not understand this talk of this inability to get a private loan if he has security for it ...
... understand full well why the man does not want to pay off the REA loan . I understand full well why he does not want to pay it off , but I do not understand this talk of this inability to get a private loan if he has security for it ...
Page 23
... understand the arrangements . Mr. DOLE . Will you yield ? Mr. MYERS . Certainly . Mr. DOLE . I am not certain just what the value of the property might have been and what the loan might be . I do not see any reason that the security be ...
... understand the arrangements . Mr. DOLE . Will you yield ? Mr. MYERS . Certainly . Mr. DOLE . I am not certain just what the value of the property might have been and what the loan might be . I do not see any reason that the security be ...
Page 25
... understand why . A company would not be able to pay off the REA in order to take a loan from private enterprise . It seems to me that companies working with a debt limitation to plant investment somewhere above the 50 percent , but less ...
... understand why . A company would not be able to pay off the REA in order to take a loan from private enterprise . It seems to me that companies working with a debt limitation to plant investment somewhere above the 50 percent , but less ...
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Expressions et termes fréquents
2-percent loans 2-percent money acquisition Agriculture amendment amount application areas bank bill bank loans BELCHER believe BOLLINGER capital CHAIRMAN Class A stock CONGRES THE LIBRARY CONGRESS LIBRARY CONGRESS THE LIBRARY corporation cost of money DOLE earnings entities Federal funds Government grade of service holding company increase Independent Telephone interest rate intermediate loan investment JONES of Missouri Junction City KLEPPE legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS LUCIER million MOTT MYERS North Dakota O'NEAL objectives operations pany percent PETERSON Pioneer Telephone Poage president proposed purchase pursuant question rate of interest rate of return REA loan reason Rural Electrification Act Rural Electrification Administration rural telephone account rural telephone bank Secretary section 201 sell square mile statement supplemental financing TEAGUE of California tele Telephone Association Telephone Bank Board telephone companies telephone debentures telephone program telephone service tion United WAMPLER WILBOURN ZWACH
Fréquemment cités
Page 6 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 6 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 59 - The PRESIDENT, The White House, Washington, DC DEAR MR. PRESIDENT : I am...
Page 3 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 8 - Act of 1936, as amended, is repealed. (b) Section 201 of the Rural Electrification Act of 1936, as amended, is amended by inserting ", to public bodies now providing telephone service in rural areas", immediately after the word "areas...
Page 6 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 4 - The telephone bank's capital shall consist of capital subscribed by the United States, by borrowers from the telephone bank, by corporations and public bodies eligible to become borrowers from the telephone bank, and by organizations controlled by such borrowers, corporations, and public bodies. Beginning with the fiscal year...
Page 1 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That it is hereby declared to be the policy of the Congress...
Page 3 - Rico, or with any political subdivision thereof, or with any person, firm, association, or corporation ; to execute, in accordance with its bylaws, all instruments necessary or appropriate in the exercise of any of its powers...
Page 3 - States in the payment of debts out of bankrupt, insolvent, and decedents' estates; (b) in order to perform its responsibilities under this title, the telephone bank may partially or jointly utilize the facilities and the services of employees of the [Rural Electrification Administration or of any other agency of the Department of Agriculture,!