Federal Farm Loan Act details from 1916 hearing
The 1916 act establishes a twelve district federal land bank system overseen by the federal farm loan board and treasury. It outlines board composition, loan scales, interest rules, collateral, reserve funds, taxation exemptions, agency roles, and amortization, with bonds issued in varied denominations and securitization of mortgages and U.S. bonds.
MENTIONED IN THIS ARTICLE
United States
Metnter Bank
Federal Reserve System
Land Bank
Farm Loan Board
Federal Land Bank
Land Bank Register
Federal Reserve Banks
Federal Farm Loan Banks Organization Provisions
The text outlines sections establishing a land bank structure with a president vice president secretary and treasurer six town representatives three public interest reps and attorneys and staff. Salaries fixed by the farm loan board. biannual examinations by land bank. Capital stock set at 700000 with specific ownership rules, dividend terms, and staged retirement. Government participation and investment requirements specified. Powers include issuing bonds. handling mortgages and real property. accepting securities. borrowing. buying selling bonds. appraising lands and charging related costs.
MENTIONED IN THIS ARTICLE
United States
Alaska
United States Treasury Department
Federal Farm Loan Board
Secretary of the Treasury
Dne
Farm
Tom Inissiener
Land Bank
Federal Land Bank
Juint Stock Land Bank
Joint Stock Land Banks
Federal Land Banks
Fort
Farm Loan Board
Incr
National Farm Loan Associations rules and structure
Ten farm owners seeking loans aggregating $20 000 or more may form an association. Affairs are run by five directors including president and vice president, a three member loan committee without pay, and a secretary treasurer paid by the association with salary set by the farm loan board. Also notes double liability and borrower subscription of 5 percent of the loan.
MENTIONED IN THIS ARTICLE
Farm Loan Board
Association
Private Farm Bank Provisions in Section 16-A Act
The text outlines Section 16-A establishing a private corporation with ten or more founders, a five-member board, and operation within the state of principal offices. It cites semiannual examinations by the federal land bank examiner, capital stock payment rules, loan powers, and limits on farm mortgage security and loan amounts. Municipal notes and specific limitations are also referenced.
MENTIONED IN THIS ARTICLE
Federal Land Banks
Fort Loan
Federal Land Bank
Aseas
United States
Farm Loan Board
Federal Land Bank Examiner
Mirror fashion trick helps shoppers judge figures
A dealer fitting apparel installed two full length mirrors, one concave and one convex, to aid customers. Stout customers saw a reduced figure in the concave mirror while thin customers viewed an exaggerated version in the convex mirror, guiding size choices per Popular Mechanics.
MENTIONED IN THIS ARTICLE
Popular Mechanics Magazine
Three Philosophers Ride in a Broken Car Joke
A trio of genuine philosophers rides in a car that breaks down far from town. The first longs to study nature with the prospect before him. The second spots a farmhouse for food. The third seeks a place where sustenance comes to him without moving while his companions discuss literature.
Western mining and oil news price summary and Cripple Creek report
Prices for metals in New York and Denver areas list lead copper and silver values with spreads for crude ore and concentrates. Cripple Creek July output totals 84,900 tons with bullion value around 1.185 million and average 10.96 per ton. dividends paid include Vindicator Portland and Golden Creek among others. Reports from Oatman, Chloride, Mineral Park, and Kingman note assay results and property acquisitions. Towne and Arizona Central shafts show activity and ledge discoveries.
MENTIONED IN THIS ARTICLE
New York
Denver
Boulder
Cole
Cripple Creek
Vindiccator
Portland
Golden Crete
Sinica
Beara
Jim
Oatman
Kingman
Chicago Syndicate
Towne
Chloride
Arizona Central
Oattaun
J. A. Salsbury
New York City
Mineral Park
Schenectady
Bird
Cripple Creek Mining Outlook and Key Leases
Colorado mining news reports a good ore grade from the Rose Nicol shaft at Cripple Creek and notes the Mayflower group lease near Silverton as important for district development. Philadelphia capitalists visit Kirke White Germania Belcher and other Quartz Hill mines while the United States Gold Corporation ships Gold brick No. 7 to the Denver mint. Cripple Creek leases in promising ground are on the shipping list, boosting output expectations.
MENTIONED IN THIS ARTICLE
Colorado
Cripple Creek
Mayflower Group
Silverton
Boulder
Philadelphia
Kirke White
Germania
Belcher
Snediam
Quartz Hill
United States Gold Corporation
Sugar Loaf
Denver Mint
Lst
Exmp
Oil and Gas Privately Noted in New Mexico
New Mexico notes confirm oil and gas inrike southeast of Raton. Savanna Copper paid stockholders $52,409 or 25 cents a share for all outstanding capital stock in Burro Mountain Copper Company. Chino Copper Company profits reach $4,610,000 in a year. leases of 1 566,000 acres to New Mexico Petroleum and Gas Development Company grant 10 percent royalty and require twenty wells within two years with a $50,000 bond.
MENTIONED IN THIS ARTICLE
New Mexico
Raton
Savanna Copper Company
Burro Mountains
Burro Mountain Copper Company
Chino Copper Company
Hurley
Santa Rita
State Land Commission
New Mexico Petroleum and Gas Development Company
Chaves
Torrance
San Miguel
Lincoln
Santa Fé
Oklahoma drill near Sheridan yields large gas output
Oklahoma oil men prospecting near Sheridan report a success on the Corfield tract north of Basin. The Lamb Drilling Company, for the Big Horn Oil & Gas Company of Basin, brought in a third well with an estimated output of about 7,000,000 cubic feet per day.
MENTIONED IN THIS ARTICLE
Wyoming
Oklahoma
Sheridan
Corfield
Basin
Lamb Drilling Company
Big Horn
Subcriber quarrel over a mysterious phone number
An irate subscriber complains after five minutes of calling a number. A tense exchange follows about a man’s signature on a bank check and the motive behind the office’s search, implying a personal dispute and possible financial implication.
MENTIONED IN THIS ARTICLE
Tve
Submarine Advocate Declines Airship Market Pitch
A munitions speculator dismisses airships as a market focus and endorses submarines, saying he would not take a flyer to the market. The exchange highlights a shift in interest toward underwater naval tech rather than lighter-than-air craft.
MENTIONED IN THIS ARTICLE
Filer
Make Big Guns Absolete Man in Egg Bath
A Colorado developed device may render heavy artillery obsolete by delivering a self controlled aerial torpedo from a small, bi plane like aircraft. The torpedo is twelve feet long with front mounted propulsion and an 18 horsepower rear motor. Gyroscopic guidance and a timing release aim the explosive to a predetermined land target. A separate report notes a man crushed by eggs in a street accident, with bystander details and hospital treatment.
MENTIONED IN THIS ARTICLE
Colorado
Popular Mechanics Magazine
United States Navy
Flobdale Marries a Society Butterfly in Speculation
The remark suggests Flobdale wed a socialite and now hosts lavish banquets. The chatter notes he dislikes going out while Porto Kleo reports its most profitable tourist season on record.
MENTIONED IN THIS ARTICLE
Flobdale
Porto Kleo
Also Mentioned on This Page
H. M. Hanson
Farm Mortgage Bankers’ Association of America
House of Representatives
United States Senate
Federal
Farm Loan Associations
Farm Loan Commissioner
Federal Farmy Loan Board
Federal Reserve Bank
Sec
Mable
National Farm Loan Associations
Fand
Federal Farm Loan Banks
Bee
Bolte Te
Wwe
Capital Stock
Asmount
Tet Meger
Stout and Thin
Omer Scudder
Columbus
Bassett Building
Scudder
Scutder
Indianapolisa News
Western Mining and Oil News
Arizona
Pennywise
Louisville Courier. Journal
Ei Parcotica
Intern
Devines
Penzance
Sicily
Mediterranean
London
Anthony Capolo
Pearce Street
Methodist Hospital
Capolo
Moyamensing Avenue
Trol Ley
John Downey
Chester
Philadelphia Record
Attra
Anould
Lanman
Florida Water
Thasd
NEW Home Sewing Machine CO
Orange
Wage
Fesu
Vamlne
Ralsam Ieee Ae
M. A. Denver
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