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Show In These United States Bought Alabama Farm in '39; Has Mortgage fill Paid off Hew FLORENCE, ALA. They all said Louis Olive could never nev-er get out of debt if he bought that old 120-acre farm in the Fairview community. But he bought it anyway, back in 1939, and the mortgage is now paid off! Mrs. Mabel Anderson, associates farm security administration supervisor, super-visor, recently told Mr. Olive's story in an article published by the Florence Flor-ence Herald. She wrote: "In July, 1939, Mr. Olive filed an application with the FSA for a loan to purchase a farm, a farm that had been under mortgage for the past 43 years. A loan of $4,080 for purchase of the land and construction construc-tion of a house and other buildings was granted. "The year before the purchase, only 22 acres were in cultivation, 7 in cotton and 15 in corn, but during dur-ing the first year of Mr. Olive's ownership own-ership he terraced the farm, planted plant-ed 13 acres in soil building crops, cleared a good portion of the land to get in a fairly good crop and put out a nice orchard. The plan called for a "live at home" program and this was followed' always with a surplus sur-plus produced for market. 'This year, when food has been-a been-a problem, the Olives have 1,450 pounds of meat, 500 quarts of canned fruit and vegetables, 200 bushels of potatoes, 10 bushels of sweet potatoes, 1 bushel of dried fruit and plenty of milk and eggs. Besides food for home use they have 600 bushels of corn, 17 tons of hay, hogs for another year, 4 cows, 5 heifers, 150 leghorn hens and 3 head of work stock. "Plans have been made for another an-other year by planting 4 acres in clover and rye, 10 acres of vetch, and 8 acres of hay, according to soil conservation plans. "Howard Olive, the oldest son, has studied vocational agriculture at Central high school and with the aid of his teacher has landscaped the home and is maintaining the grounds as part of his school program." |