Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1916-10-10

lust as if he knew how to farm better
than YOU did He doesn't tell you what
he is going TO appraise your farm at,
and that's all you want to know from
him. Why. hc wouldn't know a Poland
China hen from Plymouth dairy sire,
and if he tried to pillow, like as not he'd
20 backwards. so you ten farmers
wink and laugh behind his back, until
the smart carpcthagger shakes hands
and departs.
Ten days more 90 by, aud then the
secretary gets another letter from the
Federal Land Banker, who says he re
crets hat the appraiser was Obliged p"
report that all your apprasals were
thirty per cent. too high and that ioh
Edaelys and your own were forty pcs
cent too high. II would be necessary.
therefore 10 refuse the loans to amy oi
the ten members without a rc-apprlisai
bv the committee OF The Farm Loan As
sociation within tho maximum limit So,
bv the banks appraiser that carpet
Dagger. YOU know. II does not soothe
Won TO b. informed hv Squire Brown
that Won have 10 pay the cost OF HAY
ing that carpctbaggcr appraise your
farms.
Yon hold q meeting and "cuss' that
carpethaeeer. bnt that doesn't get YOU
vour loan. so. by "a majority vote. you
instruct your appraisal committee TO
try again. about that time Tom Edge
" gets mad. Me- hairtrigger sort
Of fellow, and hc pulls out OF the
Farm Loan Association and gets his
loan through Squire Brown, but the
5000. I..tIr tn rrn ahead
Then the banker writes you that nine
farmers cannot form a YARN Loan As
-ociatioil-thcIe must hc ten or more.
You can't persuade Tom Edgcly TO come
back. for Squire Brown already has his
signed application, and that binds hint
There don't seem 20 be any other farm
ers who want to borrow except Widow
! Ncl.on. md she wants only $500 and
that won't make up Your total OF
$4,000
So il is all Of for several weeks. but
! lust about Christmas another ncighhor
turns mp for q lonn of $4,000 10 onablc
him To buy the farm next To his, and
after another delayed irip'by the car
pctbagecr. his appraisal is o. KID and
! Your Farm Loan Association - ready
TO 90 ahead All apprasals are salts
factory to the bank. now. though some
of Won feel iusulted by the value they
put on your land
Now surely you expect your loan to
20 through. So you viii get the cash
before spring blowing in fact, you look
for it in few days, for the appraisals
are accepted. But on Washington S
birthday, the secretary gets a noto from
! the banker that the Federal examiner Of
| titles had discovered that Sam Sticks
! great grandfather had given "a mortgage
ON this farm which had not been paid
when he died. The administrator of the
! great grandiather's estate made divis.
ion of all the property and this farm fell
to Sans grandfather subject 10 rho
mortgage. Later the grandfather paio
lac mortgage, but never put the salts
faction Of mortgage on record--au,
there Is no nroof that he really paid II
Some years afterward, the admlnistra
: tor was closing mp his affairs with TN
great grandfather's estate, and. know
ing that the mortgage had been paid, il
the general settling pp Of the estate. b
filed for records satisfaction of mort
gage, secured by him as administrator
J Of course this was years before SAM wa
boru
, But now the title examiner find
] that the deed subject 10 tine mortgage
was given 10 the legatee, SAINTS grand
father, prior TO the date OF satisfaction
of thr mortgage. and SO it was neces
r sary that that satisfaction OF mortgage
he given TO the legatec and not to tn
administrator. Both the administrato
and the lcgatee have been dead thirtl
or forty years, and 50 there is clou'
on Sans title. The government take
no chances; every cloud must be cleare,
, through the court, before a loan eau b
made to sam, so the banker writes.
He estimated it would take six O
eight months in the process of court 4
u quiet the title. You felt sorry for Sar
= but as you had homestoadcd your farm
your title came direct from the govern
! mont, and so you rest sure there is no
!. a speck of a cloud ON your abstract. 5