Show QUESTION OF STATE LOANS FAVORABLE state board of examiners and L land 2 d A agree gree upon A amount mo not exceeding deseret Dese Des ciet iet evening news tile the state board of examiners met toge together with tile the state land corn com saturday and to mike make loans to irrigation districts in an all amount not exceeding at present tile the applications before tile the board of land commissioners for loans totals the board of examiners and tile the baird of isad devised strict s t riet rules niles to govern the malting making of loans the funds must be safely in tested ested in III locating irrigation ditches and in actual reclaiming of land it was decided that they in would oil I 1 1 I hav lit none of the malting making of loans to companies tile the main object of which is exploitation and speculation the bonds are to be issued by re parties q to co fr the amount loaned all and must sell for 9 per cent of abeli face value on the open market A vera vcr close inspection of will be made to ascertain if tile the project is legitimate ite and bound all and offers sufficient guar antes and becu security rity must be given th bbate to assure it that is no lobs bible in the investment it la Is thought that strict requirements such as these will possibly cut donn domi the hie loans to a small limit |