Evening journal., 1916-10-10

lust as if he knew how to farm better
than YOU did lie doesn't tell you what
he is going TO appraise your farm al,
and that's all you want TO know from
him Why. he wouldn't know Poland
China hen from Plymouth dairy sire.
and il De- tried TO pillow, like as not he'd
90 backwards. 80 you ten farmers
wink aud laugh behind his back. until
the smart carpcthagger shakes hands
aud departs.
Ten DAYS more 90 by, and then tee
secretary gets another letter from the
Federal land Banker, who SAYS he re-
prots that the appraiser was obliged Co
report that all your appwisals were
thirty per cent. too high and that Ton
Edecly's and your own were forty PEE
cent too high u would bee necessary.
therefore, 20 refuse the loans to any OF
the ten members without a re appraisal
bv the committee Of the Farm Loan As
ISOLATION within the maximum limit ser
bv the bank, appraiser-tha carpet
haneer. YOU know u does not soothc
Won to be informed by Squire Brown
that yon have to pay the cost Of hay
ing that carpetbaggcr appraise your
farms.
You hold a meeting and "cuss" that
capetbagger. but that doesn't get you
your loan. so. by a majority vote. You
instruct your appraisal committee 10
try again About that time Tom Edge
+ ~ gets mad llf's a hnir-trigger sort
OF a fellow, and hr pulls ont Of the
4 Farm Loan Association and gets his
+ loan through Squire Brown, but the
rest of YOU decide 10 20 ahead.
Then the banker writes you that nine
( farmers cannot form a Farm Loan As
ISOLATION there must h. ten or more
/ You can't persuade Tom Edgely to come
/ back. for Squire Brown already has his
I signed application. and that binds hiuL
I There dom seem 20 b. any other farm
crs who want TO borrow except Widow
| Nelson, and she wants only $500. and
that won't make up your total OF
! $4,000
SO il is all oil for several weeks. but
| inst about Christmas another ueighbor
turns mp for q loan of $1,000 TO enable
| him TO buy the farm next 20 his, and
after another delayed trip by the car
pctbaqger. his appraisal is o. KID and
Your Farm Loan Association is ready
10 60 ahead. All appraisals are salts
factory TO the hank, now, though some
Of you feel insuted by the value they
, put on your land
Now surely you expect your loan TO
60 through, so you will get the cash
before spring blowing in fact, you loolI
for Il IN q few days for the appraisais
are accepted. But on Washington's
| birthday. the secretary gets u note from
g. fstft mir Of
titles had discovered that. Sam Sticks
great grandfather had given a mortgage
/ 1n this farm which had not been paid
when he died. The administrator of the
great grandfather estate made a divis-
ion Of all the property and this farm fell
10 Sans grandfather subject 10 the
mortgage. Later the grandfather paid
l the mortgage, hut never put the salts.
faction OF mortgage on record-and
there is no proof that he really paid e
Some years afterward. the administra.
tor was closing up his affairs with tn,
great grandiathers estate, and. know
ing that the mortgage had been paid, IL
the general settling up Of the estate. h
filed for records satisfaction Of mort
gage, secured by him as administrator
!, Of course this was years before Sam was
born.
But now the title examiner finds
that the deed, subject 10 the mortgage
was given 20 the legatee, Sans grand
father prior TO the date of satisfaction
of the mortgage, and so il was neces
sary that that satisfaction of mortgag,
be given to the legatee and not 10 tn,
administrator. Roth the administrator
and the lcgatee have been dead thirty
. or forty years, and so there is a clou,
, on Sans title. The government take,
no chances; every cloud must be cleared
! through the court before a loan can b
made to Sam, so the banker writes.
lie estimated il would take six o.
i, eight months in the process of court Z,
quiet the title. You felt sorry for San
I hut as you had homestcaded your farm,
= your title came direct from the govern
I ment. and so you rest sure there Is no
y. a speck OF a cloud on your abstract. s.