Newspaper Page Text
THE BULLETIN
Volume ‘2B,'
Federal Loans
N. H- Bacon, secretary treas.
of the AVilkinson National Farm
Loan Association, is notified that
Federal land bank loansand land
bank commissioner’s loans will
be made in future through the
Federal land bank in bonds of
tae Federal Farm Mortgage Cor
poration, which bonds are guar
anteed by the United States
Government 1 oth as to principal
and interest. These bonds will
take the place of the cash dis
tribution in the disbursement of
the unclosed loans previously
approved by the Federal land
banks.
The bonds of the Federal Farm
Mortgage Corporation will have
the guarantee of the Federal
government, the capital of the
Federal Farm Mortgage Corpor
ation amounting to about §2OO,
000,000, and the consolidated
bonds of the Federal land banks
issued in exchange for the bonds
of the Federal Farm Corporation
and the mortgages accepted by
the land bank commissioner as
secutity for loans.
Secretary Bacon states that
these bonds, which will be, ten
dered to farmers’ creditors in
payment of the refinanced in
debtedneSs are exempt from all
Federal, State, municipal and
local, taxation, except surtaxes
and estate, inheritance tnd gift
taxes They are lawful security
for 15-day borrowings by mem
ber banks, of the Federal Ri
serve system. They are tlso
lawful investments for all trust,
public and fiduciary funds ot
which the deposit or investment
is under the authority or control
of the Government. The pay
ments of interest on these bonds
and repayment of their principal
are guaranteed by the United
States, which means if Federal
Farm Mortgage Corporation ev
er be unable to meet payments
on the bonds, the Treasuiy will
assume such payments
These bonds will be issued in
denominations of SIOO, SSOO, and
SI,OOO. Amounts less than SIOO
will be disbursed in cash: a loan
of $965 would be made in a SSOO
bond, four SIOO bonds, and the
rest in cash. To provide for
certain debts, such as taxes,
which cannot be paid in bonds,
cash covering the required amts,
will be provided.
This arrangement in no way
disturbs or alters the other pro
visions of the loans.
> *■
Irwinton, Wilkinson County, Georgia.
Farm Crop Record Book
Away has been provided for
farmers to keep needed records
. of operations, according to Geo.
' T. Oakley, Wilkinson county ag
. ricultural agent.
The United States Dept, of
i Agriculture and the Agricultural
Extension service of rhe Uni
vt rsity of. Georgia are distribut
wg 100,000 farm record books to
’ cooperators in AAA programs to
। help in studying and planning
farm .business. The books are
. available now.
‘ It is expected that they will
। serve to facilitate contract appli
catiods in future control pro
grams, and to speed production
loans from .the Farm Credit ad
’ ministration. The book^ will,
' be the farmer’s own, kept for
his own information and guid
ance first of all.
Space is provided for an in
ventory of basic commodities,etc
and as soon as the farmer re
ceives the book he should begin
the inventory.
Interesting information is on
the back of the book.
It is a good practice for every
' farmer to follow in the organiz
ation and operation of farm bus
iness. The facts recorded are
required in preparing contracts
' and proving compliance with
' contracts. Farm records, when
1 available, save time and expense
' of both farmers ard officials in
inaugurating and administering
production control programs. It
t ikes only a small saving in time
' of either those administering
the programs or of the farmers
in prep., ring contracts or proof
' of compliance forms to pay div
-1 idends.
i _
Mu& Register
Mr H. B. Dominy has received
from Judge James B Park the
following information for which
>
he had asked: “In order for
any person to vote in any regu
lar or primary election held this
year the person will have to pay
! any poll taxes due before Janu
ary Ist, 1934, and then register
! with the Tax Collector on or be
fore Mav 6th 1^34. On April 2d
' at 10, A. M., I will in my charge
to the Grand Jury, fully explain
the requiiements of the law for
any person to comply with in
order to vote.’’
Mrrs M. E. Player i? in hos
pital at Milledgeville receiving
treatment for pneuihonia.
Number 18.
FULL
MEASURE
NO LEGISLATION can entirely
take the place of “ old-fashioned ”
standards of honesty. “Full measure
is more a matter of character than of
law. Our pound has always been
made up of sixteen ounces.
E. Johnson
Dry Gaods, Shoes, Groceries, Hardware, Farm Supplies
======±=3-===========— •
SPRING DRESS TIME
And we have the goods and also a lot
of print dresses ready for you.
Garden seed. Seed Irish potatoes-
Brown sugar for cooking.
MISS ELLEN KING
Fresh milk on sale every day.
Stop at the new Irwinton Hotel. Near all the stores-
We buy all kinds of
Logs, Hardwood, Pine
Also timber in the woods, and
dry, rough lumber
Can furnish your Building Material
Let us figure withjyou on the timber you have to sell, or building
material you want to buy.
J. T. LORD, Jr., Toomsboro
Cement Burial Vaults
Coffins, Caskets; delivered if desired.
Have arrangement with Hart’s
Mortuary, Macon, for service of Em
balmer, and for use of hearse.
R-a)ph Culpepper, Irwinton
Friday, MAR
30, 1934.
