Agricultural Economics Department
Agricultural Economics, Mortgage, Loans, Brookings County, Foreclosures
The purpose of this investigation in Brookings county, which is a part of a larger project including the counties of Clark, Haakon, Hyde, and Turner, is to obtain a historical picture of the changes that have taken place in the farm mortgage situation in typical areas of South Dakota. It is hope to show the sources of funds and the conditions under which farm mortgage funds have been obtained. The ultimate aim has been to discover what problems the farmers have had to face in the financing of land and buildings, and to discover and formulate principles for the safe and profitable use of land mortgage credit. Although the study has been made from the point of view of the farmer-borrower, it is obvious that no permanently satisfactory farm credit arrangement can be developed without also giving due consideration to the interests of the lender.
South Dakota State State College of Agriculture and Mechanic Arts, Agricultural Experiment Station
Lundy, G., "Mortgage Loans on Farm Real Estate in Brookings County, South Dakota" (1935). Agricultural Experiment Station Circulars. 22.