Farm Credit Act of 1935, Hearing Before ..., 74-1 on H.R. 4512 (H.R. 5440 Reported), February 1, 2, and 6, 1935, Parts 12-131935 - 91 pages |
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Page 1
... referred to is printed in the record as follows :) [ H. R. 4512 , 74th Cong . , 1st sess . ] A BILL To amend the Emergency Farm Mortgage Act of 1933 , to amend the Federal Farm Loan Act , to amend the Agricultural Marketing Act , and to ...
... referred to is printed in the record as follows :) [ H. R. 4512 , 74th Cong . , 1st sess . ] A BILL To amend the Emergency Farm Mortgage Act of 1933 , to amend the Federal Farm Loan Act , to amend the Agricultural Marketing Act , and to ...
Page 5
... referred to are in the committee files . ) Mr. MYERS . First , table 1 : The purpose of these figures is to pre- sent to you a brief statement of what has been accomplished under the emergency refinancing program . Table 1 shows the ...
... referred to are in the committee files . ) Mr. MYERS . First , table 1 : The purpose of these figures is to pre- sent to you a brief statement of what has been accomplished under the emergency refinancing program . Table 1 shows the ...
Page 18
... referred to these committees . Now , there are 2,600 committees , as I stated , to whom are referred a large number of these distressed cases . Now , those are not com- mittees working under our administration . Those committees are ...
... referred to these committees . Now , there are 2,600 committees , as I stated , to whom are referred a large number of these distressed cases . Now , those are not com- mittees working under our administration . Those committees are ...
Page 19
... referred to , the farm was appraised at about $ 5,000 , as having a certain value . Mr. MYERS . Yes . Mr. COOLEY . And even after the appraisal a loan was refused . Mr. BOILEAU . In regard to refusing a commitment in some amount , Mr ...
... referred to , the farm was appraised at about $ 5,000 , as having a certain value . Mr. MYERS . Yes . Mr. COOLEY . And even after the appraisal a loan was refused . Mr. BOILEAU . In regard to refusing a commitment in some amount , Mr ...
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... referred to me personally . Mr. MARSHALL . You know , Mr. Myers , that I am not criticizing you ; I know you have had a wonderfully hard task to perform ; but I am like Mr. Boileau - I feel that that man is certainly entitled to a loan ...
... referred to me personally . Mr. MARSHALL . You know , Mr. Myers , that I am not criticizing you ; I know you have had a wonderfully hard task to perform ; but I am like Mr. Boileau - I feel that that man is certainly entitled to a loan ...
Common terms and phrases
$100 valuation agencies Agricultural Adjustment Administration Agricultural Marketing Act amends section American Cotton Cooperative amount ANDRESEN application average Bank Commissioner loans banks for cooperatives basis BOILEAU borrow BUTLER Capper-Volstead Act CHAIRMAN committee Congress COOLEY Cotton Cooperative Association cotton merchant cotton shippers debentures debt DOXEY Emergency Farm Mortgage engage in farming Farm Board Farm Credit Act Farm Credit Administration Farm Loan Act Farm Mortgage Act Farm Mortgage Corporation farmers Federal Farm Board Federal Farm Loan Federal Farm Mortgage Federal intermediate credit Federal land bank financing FLANNAGAN funds GILCHRIST Government Governor Myers handling HOHENBERG HOPE HOVEY insurance rate intermediate credit banks KLEBERG Land Bank Commissioner LORDAN losses membership November 30 operations payment percent PIERCE profits purchase question rate of interest refinancing statement storage and insurance storage rate subsection tion title 12 valuation per month
Popular passages
Page 5 - Third. That the association shall not deal in farm products, farm supplies, and farm business services with or for nonmembers in an amount greater In value than the total amount of such business transacted by it with or for members. All business transacted by any cooperative association for or on behalf of the United States or any agency or instrumentality thereof shall be disregarded in determining the volume of member and nonmember business transacted by such association.
Page 4 - First. That no member of the association 'is allowed more than one vote because of the amount of stock or membership capital he may own therein, or, "Second. That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum.
Page 5 - The first sentence of subsection (a) of section 30 of the Emergency Farm Mortgage Act of 1933 is amended by striking out the words
Page 3 - ... secured by such collateral as may be approved by the Governor of the Farm Credit Administration;".
Page 5 - Act is amended by striking out the period at the end and inserting in lieu thereof a comma and the following: "and $100,000,000 for the fiscal year ending June 30, 1951.
Page 3 - 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 4 - Commissioner, from time to time establish rates of discount and interest which, except with the anproval of the Governor of the Farm Credit Administration, shall not exceed by more than 1 per centum per annum the rate borne by the last preceding issue of debentures which it issued or in which it participated. Any Federal intermediate credit bank...
Page 4 - cooperative association" means any association in which farmers act together in processing, preparing for market, handling, and/or marketing the farm products of persons so engaged, and also means any association in which farmers act together in purchasing, testing, grading, processing, distributing, and/or furnishing .farm supplies and/or farm business services: .Provided, however, That such associations are operated for the mutual benefit of the members thereof as such producers or purchasers and...
Page 3 - States, and such guaranty shall be expressed on the face thereof ; and such bonds 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 the authority or control of the United States or any officer or officers thereof.
Page 4 - As used in this Act, the term "cooperative association" means any association in which farmers act together in processing, preparing for market, handling, and/or marketing the farm products of persons so engaged, and also means any association in which farmers act together in purchasing, testing, grading, processing, distributing, and/or furnishing .farm supplies and/or farm business services: .Provided, however, That such associations are operated for...