Intermediate Credit Corporation: Hearings ... Seventy-fourth Congress, First Session on H.R. 5918, a Bill to Provide for the Creation of an Intermediate Credit Corporation for Commerce and Industry, to Aid in Financing Small and Medium Sized Commercial and Industrial Establishments, and for Other Purposes, Partie 1U.S. Government Printing Office, 1935 - 204 pages |
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Page 19
... if there is a mortgage on a particular property , or if there is a prior lien or any other debt which might come in ahead of the debt of the Government . I do not understand that an application has been approved if other creditors ...
... if there is a mortgage on a particular property , or if there is a prior lien or any other debt which might come in ahead of the debt of the Government . I do not understand that an application has been approved if other creditors ...
Page 22
... a person or persons engaged in producing or marketing goods or services if the notes or other such obligations representing such loans are secured by warehouse receipts , or shipping documents covering such goods , or mortgages upon ...
... a person or persons engaged in producing or marketing goods or services if the notes or other such obligations representing such loans are secured by warehouse receipts , or shipping documents covering such goods , or mortgages upon ...
Page 23
Here is a case where the R. F. C. has approved the loan on condition that the banks subordinate the mortgage . According to this excerpt from a letter from one of the manufacturers , the requirement to subordinate claims of private ...
Here is a case where the R. F. C. has approved the loan on condition that the banks subordinate the mortgage . According to this excerpt from a letter from one of the manufacturers , the requirement to subordinate claims of private ...
Page 24
Under suitable safeguards the industrial and commercial intermediate credit bank system which corresponds to industrial mortgage lending and similar institutions long operating abroad , can prove a very desirable reform .
Under suitable safeguards the industrial and commercial intermediate credit bank system which corresponds to industrial mortgage lending and similar institutions long operating abroad , can prove a very desirable reform .
Page 35
... entirely separated from the commercial business of the bank ; ( b ) any nonmember bank qualifying as under ( a ) above and having a conservative ratio of capital and surplus to deposits ; ( c ) any savings bank or mortgage company ...
... entirely separated from the commercial business of the bank ; ( b ) any nonmember bank qualifying as under ( a ) above and having a conservative ratio of capital and surplus to deposits ; ( c ) any savings bank or mortgage company ...
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able agency amount application appraisal association authority bank bankers BECKMAN believe bill Board bonds borrow building BULLOCK capital carry CAVICCHIA CHAIRMAN City closed committee concerns Congress Corporation course Credit Corporation DEATON establish experience fact Federal Reserve feel fellow Finance FORD GIFFORD give Government House industry institution interest intermediate credit Jones KENNEDY kind KOPPLEMANN lend less loans manufacturers MARTIN Marx matter mean Members merchants months mortgage necessary notes obligations operate organization paid particular passed percent plant possible practically present President probably question real estate reason received referred REILLY savings Sisson situation small business statement tell thing tion trying United Washington York