Relief to Farm Loan Borrowers: Hearing[s] Before Committee on Banking and Currency, House of Representatives, Seventy-first Congress, Third Session, on H. R. 16217 to Amend Section 32 of the Act of Congress Approved July 17, 1915, Known as the Federal Farm Loan Act

U.S. Government Printing Office, 1931 - 188 sider
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Side 109 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Side 105 - The first lien is for 50 per cent of the appraised value of the land and 20 per cent of the appraised value of the permanent, insured improvements, and is made in all respects the same as to any other borrower.
Side 37 - Act. — (1) To discount for, or purchase from, any national bank, and/or any State bank, trust company, agricultural credit corporation, incorporated live-stock loan company, savings institution, cooperative bank, cooperative credit or marketing association of agricultural producers, organized under the laws of any State...
Side 37 - ... or other such obligation the proceeds of which have been advanced or used in the first instance for any agricultural purpose...
Side 4 - ... the employers utilizing such worker to such extent and in such manner and under such terms and conditions as the Secretary of Labor may by regulation or otherwise prescribe.
Side 38 - Loans, advances, or discounts made under this section shall have a maturity at the time they are made or discounted by the Federal intermediate credit bank of not less than six months nor more than three years.
Side 60 - ... to any one borrower and shall be subject to the restrictions and provisions of this Act, except that each such branch bank may loan direct to borrowers, and subject to such regulations as the Federal Farm Loan Board may prescribe, the rate charged borrowers may be...
Side 124 - That farm loan bonds issued under the provisions of this Act by Federal land banks or joint stock land banks shall be a lawful investment for all fiduciary and trust funds, and may be accepted as security for all public deposits.
Side 104 - Act shall have been in effect one year, it shall appear to the Federal Farm Loan Board that national farm loan associations have not been formed, and are not likely to be formed, in any locality, because of peculiar local conditions, said board may, in its discretion, authorize Federal land banks to make loans on farm lands through agents approved by said board.
Side 38 - ... be purchased from or discounted for any other corporation engaged in making loans for agricultural purposes or for the raising, breeding, fattening...

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