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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Elgin Echo
Location
Elgin, Iowa, United States of America
Date
Aug 17, 1916
Page
8
A summary of the 1918 Federal Farm Loan Act detailing the twelve district land banks, their governance by the federal farm loan board, and roles of the farm loan commissioner, land bank registrars, appraisers, and agents. It outlines loan purposes, limits, interest, amortization, securities, taxation, reserves, and the approval framework for bond issues and farm loan operations.
The text details Section 4 and 5 provisions for Federal Farm Loan Banks within land bank districts, enumerating officers, directors, and six farmer-representatives plus three public-interest representatives. It specifies shares, capitalization, United States participation limits, dividend rules, retirement of stock, and minimum government bond investment. It outlines powers to buy mortgages, issue bonds, handle payments, acquire property, accept deposits, borrow, trade bonds, and charge appraisal costs to applicants.
Section 7 outlines formation criteria for farm owners seeking loans totaling $20,000 or more. It specifies governing bodies of five directors including a president and vice president, loan committees of three serving unpaid, and a secretary treasurer paid by the association with salary set by the farm loan board.
Summary of Section 16 and related clauses outlining a private joint stock land bank formed by ten or more people, with a five or more member board, operating within a state, subject to semiannual federal examiner reviews, capital requirements, and lending powers. Includes limits on share ownership, capital paid, loan-to-value ratios, and bond issues up to fifteen times capital and surplus.
A dealer installed two full length mirrors, one concave and one convex, to aid customers of different builds. Stout shoppers see a reduced figure in the concave mirror, while thin shoppers view a enlarged silhouette in the convex mirror, helping with fitting decisions.
In Columbus a real estate and insurance agent named Omer Scudder boasted he could eat all the ice cream business men from the Bassett building would buy. They pooled 50 cents for a half gallon and planned to split a quart, but Scudder finished the half gallon and challenged them to give more for a real taste before returning to work.
Three philosophers on a transport break down after twenty miles. The first seeks to study nature, the second spots a farmhouse for food, and the third laments reliance on others for sustenance while one friend talks of nature.
The Dairy Commissioner reviews Saskatchewan and Manitoba dairy gains in 1915. Butter production rose by over 1,000,000 lbs in Saskatchewan co operatives, with 62 carloads shipped abroad. Manitoba reports butter output at 4,160,444 lbs and total dairy values around $2,760,608, aided by higher prices. Northern Alberta shows a 400,000 lb rise to 2,525,000 lbs, with exports expanding nationwide.
A Popular Mechanics description notes a California state highway commission project that completes an 8.09 mile elevated concrete trestle over the Yolo by pass in the Sacramento valley. Built for under 386000 dollars, the 21 foot wide roadway rests on reinforced concrete piles and precast floor slabs, forming a monolithic, meticulously constructed structure.
The piece discusses the term dark lightning from lab experiments with camera plates exposed to lightning. It notes reversed streak images due to overexposure, prints showing dark lines, and wind shifting lightning paths broadening lines into ribbons. It ends with a cautious, aphoristic caution about certainty.
Mrs. G. O. Lowery of 419 W Monterey Denison Texas credits Lydia E Pinkham's Vegetable Compound with curing her severe female health troubles after she suffered two years of nerve weakness hot flashes and dizziness Following three doses she began to improve and reports never having female problems since The ad urges others to start treatment promptly.
In a rustic exchange, a farmer asks how the poultry business performs, noting hens could yield eggs worth a dollar for 60 cents of corn. The reply suggests hens were induced to provide corn through spring with no eggs, acknowledging the possibility that the hens may be right.
A quip about warming up to work and resisting the idea that the world owes you a living. The comparison notes that a talking parrot does not imply the bird does all the talking, using humor to critique vanity and expectation.
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