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Show TENANT OWNERSHIP IS FARM TREND IN NORTHWEST AREA Nearly 700 farm( families in Montana Mon-tana Idaho Washington and Oregon Ore-gon started on the road to farm ownership in i940 through the purchase pur-chase oi farms from the Federal Land Bank of Spokane .according to Clifford Warr, secretary-treasurer of the Preston National Farm Loan associations, which serve Franklin county. Last year, Warr said, the land bank sold 1,347 farms or parts of farms. Of this total, 422 or 31.3 per cent were sold to tenants. Another An-other 158, or 11.3 per cent, were sold to former owners of the land or to relatives of former owners, in most of latter cases, sons of former owners. Finally, 101 farms or 7.5 per cent, were returned to former owners under five-year leases with option to buy at the end of the lease period. Other farms sold wem mainly tol farmers buying ad ditional land to round out their units. In the territory served by the Preston office, 3 farms were sold during 1940 by the Federal Land Bank for $13,000. "With farm tenancy one of the major rural problems of the country, coun-try, a healthy condition in the Northwest is Indicated byi the rapid rap-id return of farms acquired by the land bank to resident ownership." n n |