The Dermott news., 1918-10-03

the satisfac ctlon of encumbranceS upon such lands. which, in the judgment oi said board. were incurred or assumed by said applicant for the aforesaid purposes.
 Sec s. Every applicant for farm loan shall state clearly ip hts appl lea ton the purposes for which such loat l5 deslced. and upon it's approval by the board this statement shall be decm- Ad part of tho note or contract under which the loan Is granted. But nc failure tU apply such funds| to tht purposes stated in such application or enumerated herein Sha iuValldate loan when onca made. NOT shall any thing herein contained be deewed to prevent any farm owner from selling or leasing lands subject to SnCh lu- cumbranee. but 7 hs shall violate h1s said contract b. applying tue moneys borrowed to purposes other thaa those stated In hts appii,atiou or enumerated herein. OF r h" sasti lease sHeR lands "E sell tAHm 70 any person not fulttl- lnE the "nUdltro and purposes pro- Nidad Cor herein. sad board k author t>ea aad directed to requtre the repay uteat of sajd loan upon six months no- tee. and sad Hota or contract sfals ,out ain T r|a .Iaf, providing therrfof
 N"c. Such lpan.t all h" r"Ha d with int"rNSt aeenHAnE In annual i0- -tattnsHiS on fH" nulpI 't-1f ton# n'7n. ~nrH in+ta}'r'N.rtt hetnG HyeA 3t 9,h >VnEs n will roVer tho interest tnt"
 
 {" he aEr"'t or beta ,,,u Safd boprd md the apr'lranzz= sam psIzad te be N't tNSS than tive u2r f1nr" 'hau fttf#A <IN year; but 5et debtor Was A4'u- date any part nI at Of hi- t8debt tnliurES n anaun4s ot sao na= er r>u3ttplea there os upon auy amortization pa mfnt ttHr
 .Ssez 'cl.r rsts ef interest on loans ~3aa be hv" per eSHt per anuHm# pro Nided that uo Fam credit Bonds shall h" old fat less taap par. and pfo \lded fu'thNr tiat tho bNard shalt r"- 1Hltc each oppttclnl tD pay an 3uttt1I enar%" of per cent of the loan &fah'. "d the minimum a6ar&" to he $3e.bo to cover the cost nf appraisal and e\- animation or titIo#
 Sec All surplus funds accrutng from tho nPNratteH -or-t inc system of rurs cr~dits hr-sIs provided rat aftrr paving inte'rsf aHaHfI.E on the afsfe- ~atd hani and all =epaH.4t nts anl aHlse' expenses srl-tus ffesH tho adetH# taa. ion a satd sszGs#t of rHra s#edtts ~haG as plluad - the State EHs1~ur. and berom" 2 pat ot fand to D. known aS t..N NtaJHEas Eufdi eE#tt'' Eeaasee Fund S7=8 Nrken=a= EHaH. 9redlts Reserve t1Hd -hau he toaasl on fam land, ia ehe manHaa sera.'. 'ssdit Loan Eu"d and tr" lataHnzt ac. .ru1ug iron 'orn. n'adn from zaaf ~. .,ansas En.i t1tI#ls I.r-t#Nt FNud shall be adl.1 fzt=H5=aad heaata@ p4t,l n' lt TAe ..,.i NsaaH>as I;Itt# ss.i z. EezerTe Eunt zi1gtt he trr",iztzEh hte= oN- 'Npt tfat at rlaN he drawn upan ta r"- t'aaurse Ihr S'sts tnt loss iuenrsed ~ tfa sduW>tratIan - said esm of ruHai ered5tS
 See ID. The Legislative Assembly ehaE pgasId" n#sn#h drfa}l n ' sh1l deem 9FF. snh1r faa Inc ,1JfNHn. ouj 'nd adm fJst-- n- - fa" pras #afs o' .5 E, as4est,ira,r. ostt #i.4f. pre.fFf.. ad. N9Haf. ,a '"Su7. 7..ds #a#%alus' n s-" o' ~le6 toaa' a~ en= ald to t't- nAa h1s. In. and ho | n.,#nf i1aa tot pm rases .of ~n-,u f#ae S.-r sa -#Est#str.ts st 4+ 3HaH#ar #taa= =teHa.f #ntts# -s tl.r teHH4s saperates a=aA p,..# #Hp= n>eI nrr-5u. te. ..4N stHNsU-f.- .ur -fJ=5 fr., latInu. nrd suhJrvr 10 ttr same after its nnaetmeo'. tHe Ssafe Land Board ~uafI ptoccrd to administer sl l sys- lem or rura' cHhdtts uudor iates and ragzft4HfauS pTns idsd hE Ift,tf hut sub .set to tas pros t.fans her~'n contained.
 s~=== N.Ts pfas=sIoit.. a' fHe Gou- -tlgutHan or Nlt-anzaS in ,an1tet with lH# amendment are hereby repealed. in .e za=aas# a> iarv =eonNlet hrtn&fih. Nas prns.sstrns = thIs arasn1 a"0' ,datt be yett-cyeeat8nE. and shqf takc NTset and be ia operation 6a days af- '"r=t then nppraE4z and adoption hY thc people ef .Nlna9=a~
 Npprov"d by th" Governor and hl~i iu tils otti-H o- tas Secretary ot statr. March #tt t0f-
 Each clc, or nss vote for or against the ahoNe rrt"udf.trni
 Witness u.. .srr5c5n} signature this. the a9in day ot Apl l. IalS.
 iS-a0 TOM J. TEERAL.
 Secretary of State.