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Show Bank Speaker j Optimistic fl Talk Here ASSOCIATIONS ELECT DIRECTORS 1 Whitehead and Nash Elected Chairmen Loan Associations I , D (ian 300. farmers of Frank- iy who have loans with the Clind Bunk of Spokane and ' Cuid Bauk Commissioner at- if he annual meeting of the S Cou,lty and TWlU L.'lkeS ,i Farm Loan associations SU SU 10 at the Pre, ..'fourth ward meeting house. substantial progress in reducing . ,, morteage indebtedness dur- reported by Clifford L secretary-Treasurer of the Rations, and collections last 'w exceeded those of 1939. j c McCaustland, vice-president te Federal Land Bank of Spo-ijne, Spo-ijne, who was guest speaker, con--stu'lated Franklin county in its Ituri last year. Throughout the nitrict, he said, farmers and stock--n bad Improved their condition. 0,e of the best things about this ufrofement is that it is strengthens strength-ens the farmer himself to pay is obligations and get, out of debt. He stated further that the Land jink in turn is steadily trying to jprove its service to the borrow-is. borrow-is. We have not in any way de-jirtsd de-jirtsd from the belief that If a m can pay he should pay. There is o other way for farmers to get lit of debt, but in cases of delin-,aeDcj! delin-,aeDcj! where the borrower is act-jj act-jj in good faith- and does have a lnce to work out of his, ditficul-ies, ditficul-ies, special consideration is being men to those cases which is designed de-signed to safeguard the interests of both the family on the farm and o He bank in its investment. CLase Karl, county agent, gave itery Intersting talk on the place of livestock on the farm and land jj je planning. Mr. Kearl's diseus-I diseus-I .'ion of this subject was well re-I re-I cdred by all of those present, and 1 is Is always characteristic of Mr. 1 Kearl, he gave some very sound I sivice to the farmers of this coun- l The Preston Melodians furnished 3 He entertainment for the meeting a under the direction of Harold Swift, j director. The ladies of the Preston 9 Fourth ward served lunch to 300. J Following the general meeting j leld In the morning, the; stockhold-1 stockhold-1 m of the two associations met j ind elected two directors for a 1 lerm of three years. P. G. White-1 White-1 bd and Julius Johnson were re-j re-j elected to succeed themselves on 3 tbe Board of Directors of the franklin County National Farm i taD asBOciation, and I. H. Nash j 1 William J. Tanner were elect- for a three year term on the i rd of Directors of the Twin Wet- National Farm Loan asso-Wlon. asso-Wlon. Immediately after the "wkholders meetings, the Boards 2 Erectors .convened and P. G. "bitehead was elected President ' the Franklin County NFL A, and , . Johnson was named vice-nt. vice-nt. I. H. Nash was elected WientoftieTwin Lakes NFLA, . Gibson was named vice-presl- and Clifford Warp was re- a,:crary-t,'easurer f bth I 0 r, |
