Show FEDERAL FARM LOAN ACT pl sd by the house of represents presenta Re tives and the united states state sen 1 ate I june jan 2 27 7 and 28 1916 1 respectively signed by the pr president deat july 17 1916 8 provides provide furl for a fed fedell I 1 land bank system aste R in the cont continental metal united state star 11 exclusive I 1 ire of 1 ah alaska dolding tin h countey by let into tuche it lemd d book bank amt districts 1 I it e composed mist red of whole sto states es 8 the r h 1 steel 1 ts operated ns a b bu reau an f lie united states state treasury de t and supervised by tile the fed eral a furm farm I 1 loan board the socie tri tari 0 of f n alie H it treasury ry 1 Is 1 ei officio chair chairman of tit lie board with fill four other oilier members appA appointed td by the president for far eight yeal deaia a at an nyoua dan I 1 salary of if one member is ties designated I 1 d far farin lonii loat datt and ts 1 he sense active exec live if ve oft 0 nicer car 3 S appod appointees of board a form farm nays each b loan seg registrar r elsic for each land bank tile dis tract and ad b one or more land appraisers for each I 1 led land to bank ramet d district at trier sala salaries r fee paid by federal federa land book bonk or joint stock land fund bank for far w aich they net acl if c L land ad bank exa malli minera cas solstice salaries paid by the united statte states d attorneys Atto ineys experts do and other I 1 her employees to be pent paid by the unit untied d states 17 powers of thab the board d a to 0 organize nod ad charter federal land leod books banks joint stock land banks and national naif if I 1 far farm I 1 loan associations if b to review and alter lie the rate at of fl interest to at t to be charged arged by federal land leest b banks sell for loans c to approve or reject amt any or all loans for I 1 bond al issue 11 and to a grant r t or he 1 refuse any specific p CC 1 C issue a of fr farm loan 0 hard bonds of federal land ad amk banks and ad joint if luck land ad b sake banks d T to regulate agul t charges burg I 1 for far appraisal p examining if titles U as and ad record ing el at to appraise I 1 se land securing ring mort g ages for bond issue if f to calie eier clie g general ral supervisory authority ut hartlY over tile the federal land ad book banks farm loan flum and joint stock block lund ad books banks 30 TI the a farm loan hen commissioner shall ex examine mine tile the lawa law of every state ate and if on examination the laws law of say any state ore are shown to afford insufficient protection to holders holder its mortgages mortgage hall be declared ineligible under der title this set act during the continuance of the laws 1 in qt question he 3 82 the S secretary laxy of the treasury Is aulhorn aul authorized horl ld to deposit united states funds food to in federal lead land blinks bank at current arram all rates notes of if interest forest the sit ag fore gete of such h funds bold not at to exceed card at any one time flem |