Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit ActsU.S. Government Printing Office, 1966 - Agricultural credit |
From inside the book
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Page v
... fund au- thorized by section 6 of the Agricultural Marketing Act ... . 225 227 229 Public Law No. 410 , 76th Congress , approved Feb. 1 , 1940. To amend the Emergency Farm Mortgage Act of 1933 .. 229 Public Law No. 672 , 76th Congress ...
... fund au- thorized by section 6 of the Agricultural Marketing Act ... . 225 227 229 Public Law No. 410 , 76th Congress , approved Feb. 1 , 1940. To amend the Emergency Farm Mortgage Act of 1933 .. 229 Public Law No. 672 , 76th Congress ...
Page 3
... fund provided in section thirty- three of this Act for the objects specified in this paragraph , and is instructed ... funds of the bank . They shall receive such compensa- tion as the Federal Farm Loan Board shall fix . They shall ...
... fund provided in section thirty- three of this Act for the objects specified in this paragraph , and is instructed ... funds of the bank . They shall receive such compensa- tion as the Federal Farm Loan Board shall fix . They shall ...
Page 7
... funds deposited under the provisions of this section shall be invested in mortgage loans or farm loan bonds . NATIONAL FARM LOAN ASSOCIATIONS . SEC . 7. That corporations , to be known as national farm loan associations , may be ...
... funds deposited under the provisions of this section shall be invested in mortgage loans or farm loan bonds . NATIONAL FARM LOAN ASSOCIATIONS . SEC . 7. That corporations , to be known as national farm loan associations , may be ...
Page 8
... funds and to deposit the same in such bank as the board of directors may designate , to pay over to borrowers all sums received for their account from the Federal land bank upon first mortgage as in this Act prescribed , and to meet all ...
... funds and to deposit the same in such bank as the board of directors may designate , to pay over to borrowers all sums received for their account from the Federal land bank upon first mortgage as in this Act prescribed , and to meet all ...
Page 12
... funds advanced by said land bank , and to deliver said funds to its share- holders on receipt of first mortgages qualified under section twelve of this Act . Third . To acquire and dispose of such property , real or personal , as may be ...
... funds advanced by said land bank , and to deliver said funds to its share- holders on receipt of first mortgages qualified under section twelve of this Act . Third . To acquire and dispose of such property , real or personal , as may be ...
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Other editions - View all
Common terms and phrases
Agricultural Credit Corporation amended by striking amended to read amended U. S. C. America in Congress amount application appointed appraisal approval authorized bank for cooperatives board of directors borrower branch bank capital stock Central Bank centum per annum class B stock Congress assembled debentures elected employees enacted end thereof Farm Credit Act Farm Credit Administration farm credit board Farm Loan Act farm loan association Farm Loan Board Farm Mortgage Corporation farmer Federal Farm Loan Federal Farm Mortgage Federal intermediate credit Federal land bank fiscal further amended Governor hereby House of Representatives indebtedness intermediate credit bank issued lien lieu thereof loan bonds national farm loan obligations paid paragraph of section payment prescribed production credit associations production credit corporation purchase purposes pursuant read as follows Reconstruction Finance Corporation Secretary section 32 secured creditors Senate and House sentence surplus thereof the following tion Treasury United
Popular passages
Page 54 - The taking, receiving, reserving or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 330 - 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 330 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 122 - In proceedings under this section and consistent with the provisions thereof, the jurisdiction and powers of the court, the duties of the debtor and the rights and liabilities of creditors, and of all persons with respect to the debtor and its property, shall be the same as if a voluntary petition for adjudication had been filed and a decree of adjudication had been entered on the day when the debtor's petition was filed.
Page 227 - ... returned by the President of the United States with his objections, to the House of Representatives, in which it originated, it was Resolved, That the said bill pass, two-thirds of the House of Representatives agreeing to pass the same. Attest : JOHN ANDREWS Clerk.
Page 162 - The Corporation shall be entitled to the free use of the United States •mails in the same manner as the executive departments of the Government.
Page 29 - That if any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Page 179 - May 26, 1924, as amended (USC, title 8, sec. 203), is hereby amended by striking out the period at the end thereof and inserting in lieu thereof a comma and the following : "and...
Page 252 - Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States. The audit shall be conducted at the place or places where the accounts of the respective corporations are normally kept.
Page 70 - ... notes, drafts, and bills of exchange of factors issued as such making advances exclusively to producers of staple agricultural products in their raw state shall be eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities, except bonds and notes of the Government of the United States.