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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Aug 12, 1981
Page
18
The Wisconsin State Journal reports fraudsters bilk farmers amid credit tightness. State officials and lawmakers dissect a new escrow provision while defending legitimate brokers. Regulators push tighter rules, industry figures call for balanced consumer protection amid ongoing debates.
State consumer protection officials urge farmers who suspect they were bilked by loan arranging firms to call a toll free line. The inquiry covers American Midlands Inc. and related firms amid several civil actions, with former Midlands staff involved in a separate Minneapolis operation.
A one day seminar on managing farm corporations will be held September 10 at the Scheman Continuing Education Building, Iowa State University Ames. The session targets current farm corporation owners detailing day to day decisions and topics include procedures meetings salaries stock valuing transfers and tax management. Registration is 16 dollars with lunch and space is limited.
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