Loans And Investments
Loans And Investments
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In our eReader you can find the full English version of the book. Read Loans And Investments Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Loans And Investments
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The notes are sold them, endorsed by the loan company, at a lower interest rate than the company charged the borrower. Copies of the mortgage and of the maker's statement may or may not accompany each note. The loans run about six months, being chiefly made in April or May and September or October. This is partly because banks are unwilling to put their money out for longer periods, and partly because these are the seasons of change in cattle ownership, when one man takes his profit to date and... another begins the next process in the growing of the animal. When the notes come due the loan company must provide for their prompt payment to the holders, and this whether the cattle are sold and money paid by the borrower or not. It must be prepared to carry some paper for a short time with its own funds. The company will have kept track of the cattle during the six months, watching for any unfavor* LOANS AND INVESTMENTS 87 able condition or any dishonesty, and will know when they can be sold.
What to read after Loans And Investments?
You can find similar books in the "Read Also" column, or choose other free books by Sprague, O. M. W. (Oliver Mitchell Wentworth), 1873-1953 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The notes are sold them, endorsed by the loan company, at a lower interest rate than the company charged the borrower. Copies of the mortgage and of the maker's statement may or may not accompany each note. The loans run about six months, being chiefly made in April or May and September or October. This is partly because banks are unwilling to put their money out for longer periods, and partly because these are the seasons of change in cattle ownership, when one man takes his profit to date and... another begins the next process in the growing of the animal. When the notes come due the loan company must provide for their prompt payment to the holders, and this whether the cattle are sold and money paid by the borrower or not. It must be prepared to carry some paper for a short time with its own funds. The company will have kept track of the cattle during the six months, watching for any unfavor* LOANS AND INVESTMENTS 87 able condition or any dishonesty, and will know when they can be sold.
What to read after Loans And Investments?
You can find similar books in the "Read Also" column, or choose other free books by Sprague, O. M. W. (Oliver Mitchell Wentworth), 1873-1953 to read onlineMoreLess
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