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Show .j i FEDERAL FARM LOANS The United Status Supreme Court has decided the constitutionality of the Federal Farm Loans Act. on which is bused the Federal Farm Loan Land Banks. This is very important to Delta and .vicinity. Now get together and revive your dormant corporation called the Pahvant National Farm Loan Association, make it go, and begin to reap the benefits of this legislation. Keep your appraisement committee's com-mittee's identity hid to avoid the personal lobbying to get through an inflated loan; keep valuations down; be strictly straight with the Government, Govern-ment, and remember you are personally per-sonally liable on every man's loan, so don't inflate values. You may be sorry if you do. . Get active in this. It is by far the biggest thing for the farmers yet put over. It means a tremendous relief to the farmer whose contract pay- ments have been large for him; it means getting you on your feet if you will but manage right with the bank and with your farm. There are many limitations as to what you can use this money for, how much you can get, your liability as a member for another man's loan, and strict rules keep them inviolate. invi-olate. So get into the association, revive It and get going. It's worthy; your banks, your merchant, your dealer everybody will aid you getting into this thing and help you all they can. It's to your Interest and to theirs all who are owing on land. The proper official at Berkeley, Calif., wrote only two weeks ago to the secretary of the Pahvant National Farm Loan Association in effect as follows: "We will take care of Delta and lcinity before other regions; and we hereby notify you to inform the borrowers to prepare their papers and get ready so that when the government gov-ernment appraiser visits you he can go right ahead with your applications. applica-tions. Your present applications amount to approximately $160,000; that will be taken care of practically right away. The first step is for you to get your association active and to prepare the loan applications." This is very important news. Our local association has been in constant correspondence with the Berkeley Branch; now things have shaped themselves so that the association can go through with its purpose. So get in touch with the Secretary-Treasurer. Secretary-Treasurer. Let's see it start off big now. Giddap! |