Richfield Reaper | 1923-07-26 | Page 1 | Local Farm Loan Association Flourishing

LOCAL FARM LOAN association flourishing the third dividend of 3 per cent is being sent out this week to tile the stockholders of the richfield national farm loan Ab association proving that this organization is a real boon to farmers who have to have financial aid for their operations in addition to tile the dividends these formers who are members of the assoria tian have words of cheer from the farm loan board at washington whose representative was here recently and audited the accounts on receipt of liis his report the board at washington sent out a letter to secretary junius ogden expressing appreciation tor for the good work done here the richfield branch was organized here in 1918 with ten members there are now members the capital of the association is and to date 1451 GO has been paid in dividends loans amounting to have been negotiated and there are applications tor for lf additional the rate of interest I 1 is 5 a vi 4 per cent chariton Is 3 president of the local association and J F ogden is secretary treasurer