Observer seeks payment on outstanding subscriptions
The Observer notes many small accounts are unpaid and urges readers to settle debts, offering to accept year ahead payments. An official treasury notice is cited about banks issuing loans secured by real estate with improved farm land security.
MENTIONED IN THIS ARTICLE
The
Observer
Treasury Department
Encouraging Small Farms and Banking Rules in Review
The text outlines loan limits for bank loans on small farms including location within the same district, loan caps at 50 percent of actual cash value and five year terms, and total loan exposure limits tied to time deposits and capital. It also notes rising small farm numbers as good news and urges perseverance after mistakes.
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Federal Reserve District
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