Farm Credit Legislation: Hearings Before the Committee on Agriculture, House of Representatives, Seventy-sixth Congress, Third Session, on H.R. 8748, to Reduce Permanently the Interest Rates on Federal Land Bank and Land Bank Commissioner Loans; to Relieve Federal Land Bank Borrowers of Stock Liability; to Place the Federal Land Banks on a Self Supporting Basis; to Refund and Guarantee the Bonds of Such Banks; to Increase the Functions and Responsibilities of National Farm-loan Associations and County Committees of Farmers; to Provide for the Adjustment and Refinancing of Farm-mortgage Debts; to Limit the Institution of Foreclosure Proceedings and the Taking of Deficiency Judgments, and for Other Purposes, March 7 to April 5, 1940U.S. Government Printing Office, 1940 - 515 pages |
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Page 7
... agree to pay , upon terms and with security satisfactory to the Governor , an amount determined by the Governor to be equal to the amount of any damages to the mortgaged property resulting from the willful or negligent act or omission ...
... agree to pay , upon terms and with security satisfactory to the Governor , an amount determined by the Governor to be equal to the amount of any damages to the mortgaged property resulting from the willful or negligent act or omission ...
Page 21
... agree that they should . We have had some similar reports from certain other areas . I do not know that the banks have become more conservative since 1934 or 1935. Some of the officers in the banks tell me that they think the appraisers ...
... agree that they should . We have had some similar reports from certain other areas . I do not know that the banks have become more conservative since 1934 or 1935. Some of the officers in the banks tell me that they think the appraisers ...
Page 23
... agree with you that there should be . Every effort should be made to keep them in possession of their farms . We are interested in a number of devices that are being put into effect -- they were adopted last fall , so they are not new ...
... agree with you that there should be . Every effort should be made to keep them in possession of their farms . We are interested in a number of devices that are being put into effect -- they were adopted last fall , so they are not new ...
Page 64
... agree , however , that the volume of loans in the system would increase materially . I am certain of that . Mr. COFFEE . Do you think that would be a healthy situation to siphon all this farm - loan business into tax - free guaranteed ...
... agree , however , that the volume of loans in the system would increase materially . I am certain of that . Mr. COFFEE . Do you think that would be a healthy situation to siphon all this farm - loan business into tax - free guaranteed ...
Page 65
... agree with me , that the Federal Government is never going to allow these gonds to go unpaid , and even at the present time the Government , for all practical purposes , is guaranteeing these outstanding bonds . So why not give the ...
... agree with me , that the Federal Government is never going to allow these gonds to go unpaid , and even at the present time the Government , for all practical purposes , is guaranteeing these outstanding bonds . So why not give the ...
Expressions et termes fréquents
adjustment agency Agriculture amount ANDRESEN average bank system bankers basis BELL bill BLACK borrowers callable CHAIRMAN COFFEE committee Congress COOLEY cooperative features cost credit system debt deficiency judgments delinquent DICKERSON district DOXEY Farm Credit Administration farm loan Farm Mortgage Corporation farmers Federal Farm Mortgage Federal Government Federal land bank Federal land-bank system Federal Reserve System FERGUSON financing FLANNAGAN foreclosed foreclosure FULMER GILCHRIST going Goss Governor HOPE indebtedness institution interest rates issue KLEBERG Land Bank Commissioner land-bank bonds legislation LEMKE lending loan associations losses Marvin Jones ment mortgage loans MURRAY MYLANDER national farm national farm-loan associations North Dakota operation outstanding PACE paid payments percent period PIERCE present production credit productive value question rate of interest reamortization refinancing Secretary WALLACE sell SHORT statement subsidy TABER taxes THATCHER thing tion Treasury ZIMMERMAN
Fréquemment cités
Page 2 - Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended...
Page 2 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 77 - The CHAIRMAN. The committee will come to order, please. We have with us this morning Mr.
Page 318 - To fulfill these purposes, the country is divided into 12 Farm Credit Districts. At the same location in each district there is a Federal land bank, a Federal intermediate credit bank, and a bank for cooperatives. There is also a Central Bank for Cooperatives in Denver, Colorado.
Page 119 - Patten, we will be glad to hear you at this time. STATEMENT OF HON.
Page 515 - Mid pleasures and palaces though we may roam, Be it ever so humble, there's no place like home; A charm from the sky seems to hallow us there, Which, seek through the world, is ne'er met with elsewhere. Home, home, sweet, sweet home! There's no place like home, oh, there's no place like home!
Page 2 - All obligations issued by the Authority 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 authority or control of the United States or of any officer or officers thereof.
Page 2 - ... the bonds of the Corporation acquired by him under this section. All redemptions, purchases, and sales by the Secretary of the Treasury of the bonds of the Corporation shall be treated as publicdebt transactions of the United States. With the approval of the Secretary of the Treasury, the Corporation shall have power to purchase such bonds in the open market at any time and at any price.
Page 2 - Such obligations shall be in such forms and denominations, shall have such maturities, shall bear such rates of interest, shall be subject to such terms and conditions, and shall be issued in such manner and sold at such prices as may be prescribed by the Commodity Credit Corporation, with the approval of the Secretary of the Treasury.
Page 8 - SEC. 52. No officer, attorney, or other employee of the corporation shall, directly or indirectly, be the beneficiary of or receive any fee, commission, gift, or other consideration for or in connection with any transaction or business under this Act other than such salary, fee, or other compensation as he may receive as such officer, attorney, or employee. No member of a county committee established under section 42 shall knowingly make or join in making any certification prohibited by section 2...