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arm LoanGroupi 1^ . trOn ThursdayVeppl and Bt’atidr Named Td Succeed Selves asDirectorsHeiiiy A. Neppl of Carroll nnd rrod BrandV of’Maple RiVer were inanimously named to sUcoeed ;hemselves as directors of the Carroll National Farm Loan As-lociation for three-year terms at :he annual meeting: held ycster-lay''nfternoon at 'the St. Joseph )arish hall.Leo E. Manion, vice-president of :he Federal Land Bank of Omaha. ?uest speaker of the meeting, re-nnrkod that the large group pres-mt Shows great interest in Uila :‘ounty in the association. He :hen compared the ’oonditiona :Cive jr more years ago with those uro-/ailing at this time, touching on low the farmers then were ti*ylng to shake off the depression anti ho years of drought*.Much Different NowIt is hard now to believe that conditions existed such as they were then, he said. Back in that time, T)0 per cent of the loans ofthe association were delinquent while now they are 90 per cent pa4d-up^-to-date^' he added by way of explanation.He also spoke briefly of the reorganization the association had gone thrc.ugh and Of how the ,^and bank was paying back to the government money furnished during Uic hard times. A program aimed at decentralization, which would1 ^ ^ ^ ^ A I 2 ^ » ■ rm •
Newspaper Details
Carroll Times Herald
Carroll, Iowa, US
Fri, Mar 10, 1944
Page 1
Full Page
Clipped by
Carma A.
NA, 16 Jul 2018
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