Page 1 of 23 Dec 1976 Issue of Ranchland Farm News in Colorado-Springs, Colorado

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Ranchland Farm News (Newspaper) - December 23, 1976, Colorado Springs, Colorado Kes Peak peo Ioka Library Box 1579 2 co 80joi i 20 Jet serving the pikes Peak Plains Region since 19o1 thu Day december 23 1976 the largest Rural weekly in All of Elbert county an East Elpaso county a plume no 76 Issue 44 a a it live in Simla Cal Hans nativity scene brings warm thoughts on cold nights about the True meaning of silent holy was the night when Christ was born in Bethlehem and this night has been remembered for Over 000 years by christians All Over the the Community and guests Are invited to see this blessed event reenacted on december 23rd and 24th from to in the Simla Many of you saw this nativity last sponsored by the first Baptist again this year wish to make More about agriculture Loans an article was published in the december 2nd Issue of ranch land farm news concern ing Small business administration Loans for Jim Public affairs division of Colorado farm submitted the upon he sent the Fol lowing included in a newsletter from the Small business sea can now guarantee Loans to Farmers and ranchers the same As they have been guaranteeing Loans to Small in the Many Bankers did not want the risk of the full line of credit of some because of Farmers borrowed from several Banks and used dealer this practice resulted in some Farmers getting into financial trouble because no one had control of the the new sea program will permit a Bank to assume this additional risk and the Bank can control the full line of to be a Borrower must be unable to obtain from no Federal sources the amount and Type of credit they Are re they must also have had total sales the past year of less than in Addi they must meet All the other eligibility factors required for business Loans May be made to Pur Chase to renovate or improve water and irrigation farm build and livestock Loans can also be made to Purchase equip livestock and other operating expenses directly related to the farming cur rent debt directly related to the farming operation can Al so be refinanced under the same rules As Loans to business the rate of interest will be the same As for other sea Busi Ness the current Maxi mum rate is ten percent How we expect Many Agri cultural Loans to be made Low the maximum Loans made for current operating expenses will generally have maturity up to one the repayment sche Dule will be based on the Cash flow it is expected that the Banks will establish payment dates and amounts to coincide with approximate sell ing dates for production Loans would not be carried Over from one season to the next unless there was an maturities will be up to ten 10 years for farmstead Fenc Loans used continued on Page 7 it a witness to Jesus Christ and his the nativity will be Complete with live actors and which to bring the True mean ing and message of it is not tar to its just As far As the Simla where you will find Mary and Joseph and the child wrapped in swaddling lying in a so come and see this thing which has come to pass which the lord has made known to Christmas Holiday closures the offices in the Simla municipal building will be closed All Day ranch land farm news of fice will also be closed All professional services in Cal Han will close the 28th and closing at 4 Christmas eve Are pikes Peak Coop in Woolsey food and g r Sim Glaser will also close Early Christ Mas special Christmas greetings edition sponsored by ranch land businesses a merchants

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