Intermediate Credit Corporation: Hearings ... Seventy-fourth Congress, First Session on H.R. 5918, a Bill to Provide for the Creation of an Intermediate Credit Corporation for Commerce and Industry, to Aid in Financing Small and Medium Sized Commercial and Industrial Establishments, and for Other Purposes, Part 1U.S. Government Printing Office, 1935 - 204 pages |
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Page 37
Are you going to undertake to see that there shall be included in that the cost of an appraisal of the property ? Are you going to make the appraisal and take the Corporation's expense of making the appraisal out of the 2 percent ?
Are you going to undertake to see that there shall be included in that the cost of an appraisal of the property ? Are you going to make the appraisal and take the Corporation's expense of making the appraisal out of the 2 percent ?
Page 47
That has been due to two reasons , in my judgment , one , that a lot of those mortgages were written up to 100 or 110 per- cent of the value of the property as appraised in 1926 and 1927 . The CHAIRMAN . Who did that ? Mr. MARX .
That has been due to two reasons , in my judgment , one , that a lot of those mortgages were written up to 100 or 110 per- cent of the value of the property as appraised in 1926 and 1927 . The CHAIRMAN . Who did that ? Mr. MARX .
Page 48
Your idea is that if the Government wishes to go in up to 80 percent of the appraisals , although they are less than during the boom years , the Government would be perfectly safe ? Mr. MARX . Where the company is putting up additional ...
Your idea is that if the Government wishes to go in up to 80 percent of the appraisals , although they are less than during the boom years , the Government would be perfectly safe ? Mr. MARX . Where the company is putting up additional ...
Page 90
... and after working it out , we would get , if that sale is put through , only 25 percent on a plant that had an appraisal of between $ 200,000 and $ 300,000 when the bond issue was made upon it 90 INTERMEDIATE CREDIT CORPORATION.
... and after working it out , we would get , if that sale is put through , only 25 percent on a plant that had an appraisal of between $ 200,000 and $ 300,000 when the bond issue was made upon it 90 INTERMEDIATE CREDIT CORPORATION.
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Bibliographic information
| Title | Intermediate Credit Corporation: Hearings ... Seventy-fourth Congress, First Session on H.R. 5918, a Bill to Provide for the Creation of an Intermediate Credit Corporation for Commerce and Industry, to Aid in Financing Small and Medium Sized Commercial and Industrial Establishments, and ..., Part 1 Intermediate Credit Corporation: Hearings ... Seventy-fourth Congress, First Session on H.R. 5918, a Bill to Provide for the Creation of an Intermediate Credit Corporation for Commerce and Industry, to Aid in Financing Small and Medium Sized Commercial and Industrial Establishments, and for Other Purposes, United States. Congress. House. Committee on Banking and Currency |
| Author | United States. Congress. House. Committee on Banking and Currency |
| Publisher | U.S. Government Printing Office, 1935 |
| Length | 204 pages |
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