From inside the book
Results 1-5 of 97
Page 1
... Corporation , as the case may be , for the cost to it of the capital required for such loans , plus 1 per centum per annum for adminis- tration and reserves against losses . ( b ) Notwithstanding the provisions of paragraph Ninth of ...
... Corporation , as the case may be , for the cost to it of the capital required for such loans , plus 1 per centum per annum for adminis- tration and reserves against losses . ( b ) Notwithstanding the provisions of paragraph Ninth of ...
Page 2
... Corporation , in the place of any mortgages which are required to be assigned to such Corporation by section 11 ( c ) of this Act . REFINANCING OF FARM - LOAN BONDS SEC . 4. ( a ) As soon as practicable after the date of enactment of ...
... Corporation , in the place of any mortgages which are required to be assigned to such Corporation by section 11 ( c ) of this Act . REFINANCING OF FARM - LOAN BONDS SEC . 4. ( a ) As soon as practicable after the date of enactment of ...
Page 3
... Corporation reduced , by the delega- tion of functions now exercised by such banks and such Corporation to national farm - loan associations , or , where such associations cannot perform such functions , to county committees established ...
... Corporation reduced , by the delega- tion of functions now exercised by such banks and such Corporation to national farm - loan associations , or , where such associations cannot perform such functions , to county committees established ...
Page 4
... Corporation ( hereinafter referred to as the " Corporation " ) , under the provisions of the Federal Farm Loan Act , as amended , or the Emergency Farm Mortgage Act of 4 FARM CREDIT ACT OF 1940.
... Corporation ( hereinafter referred to as the " Corporation " ) , under the provisions of the Federal Farm Loan Act , as amended , or the Emergency Farm Mortgage Act of 4 FARM CREDIT ACT OF 1940.
Page 5
... Corporation and the Corporation shall deliver to such bank , in exchange for such mortgage , cash or bonds issued or held by such Cor- poration in an amount equal to the value of the property covered by such mortgage as agreed to by the ...
... Corporation and the Corporation shall deliver to such bank , in exchange for such mortgage , cash or bonds issued or held by such Cor- poration in an amount equal to the value of the property covered by such mortgage as agreed to by the ...
Common terms and phrases
agency agriculture amended amount approval asso authority basis bill BLACK board of directors borrower 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 legislation 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 reduced 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
Popular passages
Page 288 - 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 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 259 - Mr. MYLANDER. Mr. Chairman, and gentlemen of the committee; my name is Charles H. Mylander. I am vice president of the Huntington National Bank of Columbus, Ohio. For several years I have been a member of the committee on Federal legislation of the American Bankers' Association and it is in that capacity, as Mr.
Page 295 - 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 295 - ... 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 287 - All obligations issued by the Authority 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 authority or control of the United States or of any officer or officers thereof.
Page 2 - ... the bonds of the Corporation acquired by him under this section. All redemptions, purchases, and sales by the Secretary of the Treasury of the bonds of the Corporation shall be treated as publicdebt transactions of the United States. With the approval of the Secretary of the Treasury, the Corporation shall have power to purchase such bonds in the open market at any time and at any price.
Page 287 - 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.