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Word: malinta (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Usage:

...held at which a debtor's friends bid in his property for a few cents and then returned it to him while the creditor was being restrained, forcibly or otherwise, from participating in the sale. At Deshler, Ohio, a $400 debt was extinguished last week for $2.15. At Malinta, in the same State, a large noose was ominously suspended from Albert Roehl's barn to scare off outside bidders. Illinois' Governor Horner got a telegram reading "We are face to face with anarchy" from a Monticello mortgage broker who collected $4.90 on a $2,500 claim...

Author: /time Magazine | Title: AGRICULTURE: Mortgage Respite | 2/13/1933 | See Source »

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