Farm Credit Act of 1940, Hearing Before a Subcommittee of ..., 76-3 on S. 3509 ..., May 7 ... June 7, 1940 |
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Page 4
... reduction , or release thereof , upon such terms and conditions as he deems appropriate ; but no such adjustment shall be made with respect to any loan which has not been in default for a period of at least three years prior to such ...
... reduction , or release thereof , upon such terms and conditions as he deems appropriate ; but no such adjustment shall be made with respect to any loan which has not been in default for a period of at least three years prior to such ...
Page 18
... reduction in the amount of interest subsidies payable by the Treasury relative to the extent to which the banks and the Corporation were able to retire existing bond issues or refund them with new issues carrying lower interest rates ...
... reduction in the amount of interest subsidies payable by the Treasury relative to the extent to which the banks and the Corporation were able to retire existing bond issues or refund them with new issues carrying lower interest rates ...
Page 30
... reduction . Mr. BLACK . That is true . Senator MILLER . From what section of the country is the demand coming for this procedure that is set up here , in effect , a scaling down of the indebtedness of the various mortgagors under ...
... reduction . Mr. BLACK . That is true . Senator MILLER . From what section of the country is the demand coming for this procedure that is set up here , in effect , a scaling down of the indebtedness of the various mortgagors under ...
Page 41
... , both in our resolutions adopted and our recommendations to Congress through- out the years . We have taken a leading part in securing the emer- gency reduction of interest rates , by congressional action , FARM CREDIT ACT OF 1940 41.
... , both in our resolutions adopted and our recommendations to Congress through- out the years . We have taken a leading part in securing the emer- gency reduction of interest rates , by congressional action , FARM CREDIT ACT OF 1940 41.
Page 42
... reduction of Commissioner loans to 4 percent , and Congress extended these rates for 2 addi- tional years , over a Presidential veto . Secretary Wallace in his speech at St. Paul , Minn . , on April 27 suggested the continuation of a 31 ...
... reduction of Commissioner loans to 4 percent , and Congress extended these rates for 2 addi- tional years , over a Presidential veto . Secretary Wallace in his speech at St. Paul , Minn . , on April 27 suggested the continuation of a 31 ...
Expressions et termes fréquents
agency agriculture amended amount approval asso authority basis bill BLACK board of directors borrower collateral Commissioner loans committee Congress cooperative features cost credit system deferments deficiency judgments delinquencies DICKINSON district dividends effect elected extensions Farm Credit Administration farm credit system Farm Loan Act farm loan bonds Farm Mortgage Corporation Federal Farm Loan Federal Farm Mortgage Federal land bank foreclosure Goss Government Governor guaranteed income indebtedness installment dates interest rates interest reduction June 30 Land Bank Commissioner land-bank loans land-bank system loan associations losses ment mortgage loans national farm national farm-loan associations National Farmers Union operation organization outstanding paid paid-in surplus partial release period principal purchase rate of interest reamortization refinancing registrar Secretary WALLACE Senator BANKHEAD Senator BYRNES Senator FRAZIER Senator HUGHES Senator LA FOLLETTE Senator MILLER Senator TOBEY Senator WHEELER SHORT statement Subrogation tion Treasury United
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 19 - Such bonds shall be fully and unconditionally guaranteed both as to interest and principal by the United States...
Page 290 - 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 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 126 - Notwithstanding the provisions of section 32 of the Emergency Farm Mortgage Act of 1933, as amended...
Page 289 - First. To issue, subject to the approval of the Federal Farm Loan Board, and to sell farm loan bonds of the kinds authorized in this Act, to buy the same for its own account, and to retire the same at or before maturity.
Page 114 - ... and no payment of the principal portion of any installment of any such loan shall be required during such five-year period if the borrower shall not be in default with respect to any other condition or covenant of his mortgage.
Page 289 - ... as security for a loan, examining and certifying the title thereof, and making, executing and recording the mortgage papers; and in addition may allow said agents not to exceed one-half of...
Page 251 - East State Street, Peoria, 111. Pure Milk Association, 608 South Dearborn Street, Chicago, 111. Pure Milk Producers' Association, 853 Live Stock Exchange Building, Kansas City, Mo. Pure Milk Products Cooperative, 111 King Street, Madison, Wis. Richmond Cooperative Milk Producers' Association, 516 Lyric Building, Richmond, Va. St. Joseph, Mo., Milk Producers' Association, Inc., 308 Ballinger Building, St.
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.