Rural Telephone Supplemental Financing: Hearings Before ..., 91-1 on H.R. 7, H.R. 81,H.R. 4020, H.R. 4192, and H.R. 7872, February 19, 20, 21 , and March 13, 1969 |
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Page 7
( 4 ) Loans shall not be made unless the Governor of the telephone bank finds and certifies that in his judgment the security therefor is reasonably adequate and such loan will be repaid within the time agreed .
( 4 ) Loans shall not be made unless the Governor of the telephone bank finds and certifies that in his judgment the security therefor is reasonably adequate and such loan will be repaid within the time agreed .
Page 9
It is just not reasonable to expect that industry and people in this modern day and age will either settle or stay in communities where they cannot enjoy quality telephone service . And when farms prosper , all America prospers .
It is just not reasonable to expect that industry and people in this modern day and age will either settle or stay in communities where they cannot enjoy quality telephone service . And when farms prosper , all America prospers .
Page 39
They seem to feel that $ 125 million was about that reasonable amount . As this backlog grows , certainly if they follow that policy of providing a reasonable amount , then they are going to have to appropriate more and more money each ...
They seem to feel that $ 125 million was about that reasonable amount . As this backlog grows , certainly if they follow that policy of providing a reasonable amount , then they are going to have to appropriate more and more money each ...
Page 46
And if I understand the whole concept of this , that Board will determine a rate that will pay a reasonable return on the investment , and that if the cost of money goes up , then , of course , the charge to the consumer will ultimately ...
And if I understand the whole concept of this , that Board will determine a rate that will pay a reasonable return on the investment , and that if the cost of money goes up , then , of course , the charge to the consumer will ultimately ...
Page 48
... a Board of Directors that assures both equitable representation and protection of interests of all borrowers , a funding level that will allow reasonable volume lending programs , a restriction on transfer of mortgages that will ...
... a Board of Directors that assures both equitable representation and protection of interests of all borrowers , a funding level that will allow reasonable volume lending programs , a restriction on transfer of mortgages that will ...
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Expressions et termes fréquents
2-percent money able additional Administrator Agriculture amendment amount appear applications appropriations areas Arkansas Association authorized Bank Board believe bill borrowers capital CHAIRMAN Commission committee Congress continue cooperatives corporation cost course direct directors electric established existing fact Farm Federal financing funds further future going GOODLING Government HAMIL HARRIS hearings improve increase industry interest intermediate investment legislation loans Lynn means meet million objection operation organizations percent present President problems proposed Public Service question REA telephone reasonable record represent Rural Electrification rural telephone Rural Telephone Bank serve statement subscribers subsidy suggested TEAGUE telephone bank telephone companies telephone loan telephone program telephone service telephone systems testimony Thank thing tion understand United utilities vote witness
Fréquemment cités
Page 7 - 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 7 - 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 4 - ... shall be guided by the policy of making payments not in excess of the taxes which would have been payable upon such property in the condition in which it was acquired.
Page 4 - 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 11 - Congress that adequate telephone service be made generally available in rural areas, through the improvement and expansion of existing telephone facilities and the construction and operation of such additional facilities as are required to assure the availability of adequate telephone service to the widest practicable number of rural users of such service.
Page 9 - 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 - Provided, That the minimum amount of class A stock that shall be retired each year after said date and after the amount of class A and class B stock issued totals $400,000,000, shall equal the amount of class B stock sold by the telephone bank during such year.
Page 5 - Board shall prescribe bylaws, not inconsistent with law, regulating the manner in which the telephone bank's business shall be conducted, its directors and officers elected, its stock issued, held, and disposed of, its property transferred, its bylaws amended, and the powers and privileges granted to it by law exercised and enjoyed. (h...
Page 48 - The CHAIRMAN. Are there any other questions? If not we are very much obliged to you, Doctor.
Page 6 - ... 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...
Informations bibliographiques
| Titre | Rural Telephone Supplemental Financing: Hearings Before ..., 91-1 on H.R. 7, H.R. 81,H.R. 4020, H.R. 4192, and H.R. 7872, February 19, 20, 21 , and March 13, 1969 |
| Auteur | United States. Congress. House. Committee on Agriculture |
| Publié | 1969 |
| Longueur | 119 pages |
| Exporter la citation | BiBTeX EndNote RefMan |