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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Riverdale Pointer
Location
Riverdale, Illinois, United States of America
Date
Aug 18, 1916
Page
3
The document outlines the Federal Farm Loan Act highlights prepared by H. M. Hanson Secretary Treasurer of the Farm Mortgage Bankers Association of America. It summarizes provisions affecting farm credit, loan terms, securities, and administration to guide lenders and farmers in understanding the act.
The act creates a federal land bank system in the continental United States, dividing the nation into twelve districts. It sets up a treasury supervised board with an eight year term for its members, establishes offices and salaries, and outlines powers to charter banks, regulate interest, approve loans, and oversee land banks and farm loan associations. It also limits state mortgage eligibility and authorizes federal deposits up to six million dollars.
A detailed description of structure, powers, and financial rules for Federal Farm Loan Banks. Sections outline district organization, officers, stock terms, government involvement, dividend rules, bond issuance, mortgages, and collateral. Special provisions cover agents, amortization, reserve funds, and fiduciary investment status.
A historical outline details the National Farm Loan Associations including their structure, capital stock, lending powers, loan terms, taxation, and regulatory provisions. It covers governance by directors, stock requirements, loan securities, interest caps, loan purposes, eligibility, and relation to federal land banks and government oversight.
The act authorizes the Federal Reserve Bank to buy and sell farm loan bonds. It also prohibits any commission or charge unless expressly authorized by this act.
A private corporation subject to the act may be formed by ten or more shareholders under the provisions of Section 16. The text outlines the basic framework for creating government sanctioned land banks as authorized bodies.
George Saxton and Anthony Shores netted and roped a massive sturgeon upstream at Bristol Pa. The 7 foot fish weighed 250 pounds and yielded flesh at 50 cents a pound and roe for 1 dollar per pound.
The piece argues humorists shape society by ridiculing outdated norms. It cites Cervantes, Mark Twain, Aristophanes, Lucian, Bras mask, Butler, Voltaire, Carlyle, Thackeray, and Shaw as reformers who used laughter to expose excess and curb tyranny. It urges Madrid to erect Cervantes monument as a reminder of this humane function.
A Philadelphia Public Ledger writer argues 140 years of U S history shows the feared fate of disunion did not occur. The nation is young yet governments are old, with many states and republics younger or not as old as the United States.
A novel life preserver adds a light metal chamber to the cork jacket. A spout rises above water level and connects to a face mask. The device lets a person breathe even when waves sweep over the head, keeping the air supply clear.
At the observatory a lady asks to view the eclipse through the largest telescope. The professor notes the event is over, and she replies she will wait for the next one. The exchange ends with her complacent settling, awaiting future sight.
A newspaper clipping notes a remark by a judge about the high cost of transforming a homely girl into a wealthy woman. The line underscores concerns over money and social ascent in a court or courtroom setting.
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