Farm Mortgage Relief, Hearing Before ..., 78-1 on H.R. 4590, H.R. 4795 (S. 1110), April 5 and 6, 1933, Parties 9 à 101933 - 89 pages |
À l'intérieur du livre
Résultats 6-10 sur 29
Page 37
... - tion purposes , and other kinds . Now , as a safeguard in the matter of administration , I think it would be expedient if we said the normal taxable value . Dr. MYERS . Mr. Chairman , based on some knowledge FARM MORTGAGE RELIEF 37.
... - tion purposes , and other kinds . Now , as a safeguard in the matter of administration , I think it would be expedient if we said the normal taxable value . Dr. MYERS . Mr. Chairman , based on some knowledge FARM MORTGAGE RELIEF 37.
Page 38
... matter of value is a question of judgment . I have no suggestion to offer other than I believe it might be best to leave it to the administration of this act , believing that they will arrive at a more accurate measure of value than ...
... matter of value is a question of judgment . I have no suggestion to offer other than I believe it might be best to leave it to the administration of this act , believing that they will arrive at a more accurate measure of value than ...
Page 39
... matter of approximation , the average value of farm land in the United States , at this time , and insofar as it is ascertainable , is about 80 percent of the average of the years from 1910 to 1914 . Mr. FULMER . In other words land ...
... matter of approximation , the average value of farm land in the United States , at this time , and insofar as it is ascertainable , is about 80 percent of the average of the years from 1910 to 1914 . Mr. FULMER . In other words land ...
Page 42
... matter that I would like for Mr. Bestor to discuss . Mr. BESTOR . I do not know that I understand the question . Dr. MYERS . The question is what becomes of those bonds . Mr. BESTOR . The bonds that would be retired . Dr. MYERS . That ...
... matter that I would like for Mr. Bestor to discuss . Mr. BESTOR . I do not know that I understand the question . Dr. MYERS . The question is what becomes of those bonds . Mr. BESTOR . The bonds that would be retired . Dr. MYERS . That ...
Page 44
... matter of great interest to my district , and I have here an amendment that I am going to offer for you to try to incorporate in the bill that is rewritten , with particular refer- ence to the bill , about page 14 on down 44 FARM ...
... matter of great interest to my district , and I have here an amendment that I am going to offer for you to try to incorporate in the bill that is rewritten , with particular refer- ence to the bill , about page 14 on down 44 FARM ...
Expressions et termes fréquents
42 percent 75 percent Agriculture amended amount appraisal assessment authorized average basis BEAM benefit BESTOR bill BOILEAU bondholders borrower cent centum CHAIRMAN charge CLARKE collateral committee cost course CUMMINGS debt default direct loans DOXEY EVANS exceed FARM CREDIT ADMINISTRATION farm lands Farm Loan Act farm loan associations Farm Loan Commissioner farm mortgages farm property farmer Federal Farm Loan Federal land bank FLANNAGAN foreclosed foreclosure FULMER GILCHRIST GLOVER going Government HOPE indebtedness interest rate issue joint-stock land banks KLEBERG land bank bonds lien liquidation loss Marvin Jones MORGENTHAU mort mortgage loans mortgagor MYERS national farm loan obligations paragraph payment period PIERCE provision range lands rate of interest real estate receivership Reconstruction Finance Corporation reduce refinancing scale second mortgage sell Senate situation stock land banks stockholders taxes thing tion understand unpaid principal
Fréquemment cités
Page 7 - Treasury of the material so transferred. "(c) Effective whenever the Secretary of the Treasury shall cancel any notes pursuant to subsection (b) of this section, the amount of notes, debentures, bonds, or other such obligations which the Reconstruction Finance Corporation is authorized and...
Page 3 - Payments upon such subscription shall be subject to call in whole or in part by the board of directors of the Corporation.
Page 6 - Commissioner the sum of $200,000,000, or so much thereof as may be necessary, to be used for the purpose of making loans as hereinafter provided to any farmer, secured by a first or second mortgage upon the whole or any part of the farm property, real or personal, including crops, of the farmer.
Page 6 - Corporation not to exceed $500,000,000, in addition to the funds authorized under title I of the Emergency Relief and Construction Act of 1932, for expenditure under the provisions of this Act upon certification by the Federal Emergency Relief Administrator...
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 11 - Second. To invest such funds as may be in its possession in the purchase of qualified first mortgages on farm lands situated within the Federal land bank district within which it is organized or for which it is acting.
Page 5 - The board of directors of said association shall adopt a resolution authorizing and directing its secretarytreasurer on behalf of said association to endorse, and thereby become liable for the payment of, the mortgages taken from its charter members by the Federal land bank. When it shall appear to the satisfaction of the...
Page 21 - Treasury the amount so paid shall become an obligation to the United States of the issuing bank or banks and shall bear interest at the same rate as that borne by the bonds upon which the interest has been so paid. After the expiration of one year from the date this paragraph takes effect, if in the opinion of the Farm Loan Commissioner any part of the proceeds of the bonds authorized to be issued under this paragraph is not required for the purpose of making new loans or for purchasing mortgages...
Page 4 - Commissioner shall authorize said bank to make direct loans to borrowers secured by first mortgages on farm lands situated within any such locality or territory.
Page 11 - ... case the amount of the unpaid principal of the mortgage on the date of such purchase or exchange, or 50 per centum of the normal value of the land mortgaged and 20 per centum of the value of the permanent insured improvements thereon as determined upon an appraisal made pursuant to this Act, whichever is the smaller: Provided, That any mortgagor whose mortgage is acquired by a Federal land bank under this paragraph shall be entitled to have his farm-mortgage indebtedness refinanced in accordance...