Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1932-03-10
FIRST SUPPLY OF
seed LOAN BLANKS
ARRIVE in COUNTY
Organization Being Perfected
by County Agent to Expe-
dite Loans

The first supply of application
blanks and printed regulations for
the handling Of the seed loan author
lied by Congress under the Recon
struction Finance Corporation was
received by county agent Ferguson
Tuesday. There were only a suffic-
lent number however to supply the
various Committees throughout the
county with copies. The county
agent stated that the entire supply
of blanks was expected between the
10h and 18th, and by that Time the
ol organization fer handling the appll-
cations will have been perfected 50
that farmers from different sections
Of the county can make their appllca-
tons without any delay.
The same general committee to SUI
pervise the taking of applications
which acted for the feed loans last
fall has consented to continue with
, their work on the seed loan. ThasP ar
Art LANCER and Leo Zeidler of Plen1
tywood, and George Lund Of Reserve.
Under this committee are the com
munity committees N every town IN
the county. including Dagmar and
Coalridge, so that farmers can go be-
fore these subcommittee and fill ii
their application blanks.
Although there has been some ru-
mors that the limitation on the loan
of $500 to any applicant or $1,000 to
any one landowner in a county have
been revised, the county agent states
that no ~officiol notice Of any change
has been received He is rather
hopeful, however, that before the ae-
tual taking Of applications, some
slight change may be announced.
The handling of all loans for east
ern Montana will be through Mime
apolis instead ( Grand Forks as vas
the ass with feed loans. The states
of Iowa, Minnesota, North Dakota,
South Dakota and Visions in are !
SO to be worked through the Mime
apolis headquarters.
Information Given
For information Of farmers plan.
ming on making applications for loans
the following information from reg
ulations ent out by the department
of agriculture should be Of interest:
!. No loans will be made to any ap-
pIicant in excess of $500.
| The total amount of leans to tbs
tenants of any landowner in a single
county shall not exceed $1,000.
Loans will be made based on ths
approximate cost of supplies requir
ed, but in no Ease in excess OF 50 pei
acre, except for truck crops for which
| loans may not exceed s12 per acre
No loans will be made to any ap
plicant who has mean Of LIVELIHOOD
other than farming, nor to a minor
No Loans will be made for summci
!, following. Loans will MT be mad
for q total acreage of crops in exces.
, of the average of the acreage plant
ed by borrower in 1880 and 1881.
Borrower must make application
on form furnished and same verified
by the committee Promisorry note
must be given payable to Secretar,
. Of Agriculture on or before N0yem
Der SO, 1882, with. interest at 81.
$ percent. Seed liens upon the erol
7 to be grown in 1882 to secure pay
d ment of above notes must be gIyel
q the Secretary of Agriculture.
Ii the applicant is a tenant, 0
farming land under contract for dee
8 or has given a prior lien on his 1913
. crop, he must secure waivers of th
actual owners of the land or all prio
= mortgage holders.
Applications must be received no
J later than April 30 at the seed lea
office i'm Minneapolis.
~