ipi6 



BETTER FRUIT 



Page 21 



may be deteriiiined by the board of 

 directors. The association must ap- 

 point an appraisal committee for tlie 

 purpose of valuing lands offered as se- 

 curity for loans. No member of such 

 committee shall have any interest in 

 the property upon which he passes. 



Funds for Current Expenses 



To provide funds for current ex- 

 penses, the loan association may retain 

 as a commission from each interest 

 payment not to exceed one-eighth of 

 one per cent semi-annually upon the 

 unpaid principal of the loan. This 

 commission is to be deducted from the 

 dividends payable to such farm-loan 

 association by the Federal land bank. 

 If the commissions are not adequate, 

 and an association does not wish to 

 assess members for current expenses, 

 it may borrow at (i per cent from the 

 Federal land bank to an amount not to 

 exceed in the aggregate one-fourth of 

 its bank stock. 



Reserves and Dividends 



The law requires both the land banks 

 and the farm-loan associations to make 

 provision for certain reserves before 

 they can pay any dividends. 



Agents of Land Banks 



In sections where local conditions do 

 not make the formation of associations 

 practicable, the Farm Loan Board may 

 authorize the Federal land bank to 

 make loans through agents approved by 

 the board. These agents are to be 

 banks, trust companies, mortgage com- 

 panies or savings institutions, char- 

 tered by the state. They may receive 

 as compensation the actual expense 

 involved in transacting the loan and 

 in addition thereto a sum not to exceed 

 one-half of one per cent per annum on 

 the un])ai(l principal of the loans made 

 through them. When the Farm Loan 

 Board decides that a locality is ade- 

 quately served by farm-loan associa- 

 tions, no further loans are to be made 

 through agents. 



Joint-Stock Land Banks 



In addition to the system of twelve 

 Federal land banks and the national 

 farm-loan associations of l)orr()wers, 

 the act permits the establishment of 

 joint-stock land banks and authorizes 

 them to carry on the business of lend- 

 ing directly to borrowers on farm- 

 mortgage security and issuisng farm- 

 loan bonds. These banks must have a 

 capital of not less than .*2.')n,IIOn. They 



Driver Agents Wanted 



I ric Sinning 



Ride In a Bush Car. Pny for it 

 [ >M>tir (.■oninil^slnni 

 sales. 1 am dai ly '*\\ t pplng 

 iW^car;^ to Uusli Agents. 

 ;l?*^' Agents gettioE l>ig 

 orders. Big profits 

 ■ >r yon. write at 



ice for my 48- page cat- 

 Off RivinK full details. I 

 S^ddrt-ssmepersonallv, J. H. BUSH. President. Depf.Ui-MN 



BUSH MOTOR COMPANY. Bush Temple, Chicago. Illinois 



\ 



RUBBER STAMPS 



FOR MARKING FRUIT BOXES 



MADE QUICK 



Orders filled same day received. Prices Reasonable 

 Quality Guaranteed. 



"WHITE STAMP & SEAL COMPANY 



2nd and Alder, PORTLAND. ORE. 



Old Dutch 



quickly and thoroughly cuts 

 milk clots and scummy ac- 

 cumulations from milk pans 

 and pails — No greasy film 

 left on the article cleaned. 



Do It Now 



Send us your order for 



Walnuts, Pears, Cherries, apples. 

 Prunes, Loganberries 



Fruit prices are high. Get in line for future prosperity. 



ALBANY NURSERIES 



Agents Wanted 



First National Bank Building, ALBANY. OREGON 



THE KEYSTONE OF 



Before You Decide on Your Trip East 

 CONSIDER , 



Mt. Shasta 



Lake Tahoe 



San Francisco 



Yosemite 



Big Trees 



Los Angeles 



Salton Sea 



Apache Trail 



El Paso 

 San Antonio 

 New Orleans 



Excellent Dining Cars 



All Steel Sleepers 



Electric Lighted 



Rock Ballast 



Heavy Rails 



Automatic Signals 



Red Cap Porters 



Information Men 



Well Arranged Schedules 



Limited Trains 



Steel Coaches 



The fare is but slightly higher that) o'her routes. 

 Liberal stopovers allowed. 



A postal will bring booklet "Wayside Notes" or ask local Agent 

 John M. Si'ott, Getieral Passenger Agefit. Portland, Ore. 



SOUTHERN PACIFIC LINES 



WHEN WRITING ADVERTISERS MENTION BETTER FRUIT 



