Word: mortgagee
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Dates: during 1930-1939
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On the third day the Chamber doors were opened and the Senate met publicly to do its highest duty. The gallery was packed for this rare and dramatic moment in constitutional history. Eighty-four Senators were in their seats. Vice President Garner had stepped aside to let Senator Pittman preside...
Even with the current 3% coupons, Land Bank bonds are not hard to sell. Taxexempt, secured by first farm mortgages or Government bonds, they are joint and several obligations of all twelve Land Banks, which are supervised by the Farm Credit Administration. Unlike Home Owners' Loan Corp. bonds, Land...
Having been delayed a fortnight while the borrower took stock of damage done by Pittsburgh's floods, a notable bond offering occurred last week.* The issue was backed by a first mortgage on the fourth largest aggregation of steel properties in the U. S. The company was by all...
Hardy coal-miners of Gillespie, Ill. paid 25? apiece last Sunday to enter the local cinemansion, behold a theatrical enterprise presented under church auspices. It was written and directed by a priest, but if the miners expected a Biblical drama with cheesecloth and false whiskers, they were disappointed. On the...
Depression sunk National Surety Co., not because thieving employees became more numerous but because bank failures and defaulted real estate mortgage bonds became so common. In May 1933, National Surety Co.. awash with $45,000,000 worth of guaranteed real estate mortgage bonds, went into the hands of George...