Amending the Bankhead-Jones Farm Tenant Act, Hearing Before ..., 76-3 on S. 1836 (H.R. 6768) ..., January 24 ... 30, 1940, Parts 18-221940 - 102 pages |
From inside the book
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Page 1
... present act . I asked Dr. Alexander to come up here , and also those who assisted in drafting the bill . Dr. Alexander , we will be glad to hear from you . Mr. FULMER . Do I understand , Mr. Chairman , the bill has not yet been passed ...
... present act . I asked Dr. Alexander to come up here , and also those who assisted in drafting the bill . Dr. Alexander , we will be glad to hear from you . Mr. FULMER . Do I understand , Mr. Chairman , the bill has not yet been passed ...
Page 7
... present Bankhead - Jones farm - tenant program . I suppose you want me to say how this would fit into the present act rather than for us to have a discussion or advocate the passage of this bill . I would call the attention of the ...
... present Bankhead - Jones farm - tenant program . I suppose you want me to say how this would fit into the present act rather than for us to have a discussion or advocate the passage of this bill . I would call the attention of the ...
Page 11
... present program those selected have nothing to pay down . The CHAIRMAN . Well , that is not always the case . They may have some funds and some equipment . Dr. ALEXANDER . Yes . There has been an average of $ 40 a farm paid down in all ...
... present program those selected have nothing to pay down . The CHAIRMAN . Well , that is not always the case . They may have some funds and some equipment . Dr. ALEXANDER . Yes . There has been an average of $ 40 a farm paid down in all ...
Page 12
... present act to require that no benefits can be extended to others- Dr. ALEXANDER . It is in the original bill , the original Bankhead- Jones Act . The CHAIRMAN . I do not think it so limits it . Mr. PACE . I have a copy of the original ...
... present act to require that no benefits can be extended to others- Dr. ALEXANDER . It is in the original bill , the original Bankhead- Jones Act . The CHAIRMAN . I do not think it so limits it . Mr. PACE . I have a copy of the original ...
Page 17
... Austin , of Vermont , in the Senate bill . We shall have to broaden that a little , to put the direct authority in the act ; although there is noth- ing to forbid it in the present act , it AMEND BANKHEAD - JONES FARM TENANT ACT 17.
... Austin , of Vermont , in the Senate bill . We shall have to broaden that a little , to put the direct authority in the act ; although there is noth- ing to forbid it in the present act , it AMEND BANKHEAD - JONES FARM TENANT ACT 17.
Common terms and phrases
100 percent able acres agencies ALEXANDER AMEND BANKHEAD-JONES FARM amount ANDRESEN appropriation average BALDWIN BANKHEAD-JONES FARM TENANT basis bill borrower buildings buy farms CHAIRMAN COFFEE COOLEY cooperatives cost county committee course crop Danish debentures issued deficiency judgment delinquent Denmark district eligible Farm Credit Farm Credit Administration farm population Farm Security Administration Farm Tenant Act farm-tenant farmers Federal Government Federal Housing Federal Housing Administration Federal land banks FERGUSON financing FLANNAGAN foreclose foreclosure FULMER fund gage GILCHRIST going insured mortgage interest rate interim debentures KLEBERG LEMKE lender lien limitation losses Marvin Jones ments Minnesota mort mortgaged property mortgages insured mortgagor MURRAY O'BRIEN one-fourth OPPENHEIMER owners PACE paid percentage premium charges principal obligation problem provision question rate of interest rehabilitation require Secretary of Agriculture section 12 sell statement subsection taxes thing tion Treasury variable payments words
Popular passages
Page 5 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 5 - 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 - Secretary of — (1) all rights and interests arising under the mortgage so in default; (2) all claims of the mortgagee against the mortgagor or others, arising out of the mortgage transaction...
Page 5 - ... and by deducting from such total amount any amount received on account of the mortgage after either of such dates, and any amount received as rent or other income from the property, less reasonable expenses incurred in handling the property, after either of such dates: Provided, That with respect to mortgages which are...
Page 4 - The Secretary of the Treasury, in his discretion, is authorized to purchase any bonds of the corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty...
Page 3 - MORTGAGE INSURANCE FUND SEC. 202. There is hereby created a Mutual Mortgage Insurance Fund (hereinafter referred to as the "Fund"), which shall be used by the Secretary as a revolving fund for carrying out the provisions of this title with respect to mortgages insured under section 203 as hereinafter provided, and there shall be allocated immediately to such Fund the sum of $10,000,000 out of funds made available to' the Secretary for the purposes of this title.
Page 5 - For the purposes of this subsection, the value of the mortgage shall be determined...
Page 5 - ... (c) Debentures issued under this section shall be in such form and denominations in multiples of $50, shall be subject to such terms and conditions, and shall include such provisions for redemption, if any, as may be prescribed by the Secretary with the approval of the Secretary of the Treasury, and may be in coupon or registered form. Any difference between the...
Page 5 - Treasury, at the time the mortgage was offered for insurance, but not to exceed 3 per centum per annum, payable semiannually on the 1st day of January and the 1st day of July of each year, and shall mature...
Page 5 - Commissioner, by adding to the amount of the original principal obligation of the mortgage which was unpaid on the date of the institution of foreclosure proceedings, or...