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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
The Diller Record
Location
Diller, Nebraska, United States of America
Date
Aug 11, 1916
Page
3
Summary of the Federal Farm Loan Act features prepared by H. M. Hanson secretary treasurer of the Farm Mortgage Bankers' Association of America. It outlines purposes, structure, and operation of the federal land bank system and related credit provisions for farmers.
The act creates a federal land bank system in the continental United States, dividing into twelve districts with a treasury bureau and federal farm loan board oversight. It sets board composition, salaries, and roles for land bank commissioners appointees, and empowers the board to charter banks, adjust loan rates, approve bond issues, regulate appraisal and recording charges, and supervise all banks and associations. The act also requires state law examinations for mortgage protections and authorizes up to $6 million in federal funds for land banks at government rates.
Outline of duties capital stock and operations for federal land banks. Sets roles officers directors and agents with limits on ownership stock issuance and dividends. Defines deposits securities purchases mortgage acceptance and loan security rules plus special provisions for amortization reserves and fiduciary investments.
A detailed outline of Section 7 through 29 of the National Farm Loan Act. It covers formation limits, governance, capital stock, loan terms, mortgage security, loan purposes, interest, amortization, and official powers. It notes stock requirements, governance by directors, and tie to federal land banks.
Mrs. G. O. Lowery of Denison Texas says Lydia E. Pinkham's Vegetable Compound cured her severe female troubles after doctors failed. She describes daily chills hot flashes dizziness and near collapse then improved after three doses and continues free of issues. She urges others to begin treatment promptly.
The text outlines sections allowing the Federal Reserve Bank to buy and sell farm loan bonds, provisions for a receiver to be appointed, and a prohibition on any commission or charge not expressly authorized in the act.
The record notes a Section 14 A private corporation may be formed under this act by ten or more individuals or entities seeking to establish a land bank. The text outlines eligibility and basic formation requirements for such corporations.
George Saxton and Anthony Sherea hauled a 7 foot sturgeon weighing 250 pounds from the Delaware River near Bristol Pennsylvania after a lively fight. They sold the meat at 45 cents per pound and the roe at 1 per pound for caviar.
The article argues that prophecy warns research will become nationwide in scope and effort. It notes federal and state research already supports agriculture and industry, and predicts broader use of industrial research as a government and public subsidy for American manufacturers.
A terse exchange hints at an impending storm as one speaker presses about the weather and the other insists on certainty that the storm will arrive once they reach home. The fragment captures mood and brisk dialogue.
A wife can be loyal to her husband and still nag him occasionally. An apology that has the ring of sincerity is rare.
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