Refinancing Past Due Obligations on Farms and Homes: Hearings Before Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-second Congress, Second Session, on S.4995., S.5350, S.5390, S.5391, S.5450, S.5515, S.5552, S.5562, S.5570, S.5586, and S.5591, Bills Relative to Refinancing Farm and Home Indebtedness ...

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U.S. Government Printing Office, 1933 - 236 pages

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Page 35 - Administrator to be issued hereunder and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Page 35 - Such bonds shall be fully and unconditionally guaranteed both as to interest and principal by the United States...
Page 39 - Every such mortgage shall contain an agreement providing for the repayment of the loan on an amortization plan by means of a fixed number of annual or semiannual installments...
Page 43 - ... of farm loan bonds to an amount equal to the farm loan bonds so surrendered, and it shall be the duty of said registrar to permit and direct the delivery of such mortgages and bonds to such land bank.
Page 216 - The sinking fund and all additions thereto are hereby appropriated for the payment of such bonds and notes 'at maturity, or for the redemption or purchase thereof before maturity by the Secretary of the Treasury at such prices and upon such terms and conditions as he shall prescribe, and shall be available until all such bonds and notes a"re retired. The- average cost of the bonds and notes purchased shall not exceed par and accrued interest. Bonds and notes purchased, redeemed, or paid out of the...
Page 216 - The principal and interest thereof shall be payable in United States gold coin of the present standard of value...
Page 38 - States for or on account of such stock shall be issued by the corporation to the Secretary of the Treasury and shall be evidence of the stock ownership of the United States.
Page 36 - States, said subscription to be subject to call in whole or in part by the board of directors of said land bank upon thirty days...
Page 213 - ... occurring prior to the expiration of the term for which his predecessor was appointed, shall be appointed for the remainder of such term.
Page 216 - 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...

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