MORTGAGES AUTHORIZED

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R000800410009-3
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: February 19, 1999
• Sequence Number: 9
• Publication Date: August 19, 1947
• Content Type: IR

the Espionage Act 509 U,S.Co 31 And
32 as amended, Its transmission CON a TIALLa
.or the revelation of its contents in
any manner to an unauthorized person
is prohibited by lanCE iTRAL INTELLIGENCE GROUP
W.fLLOFAX 23
.COUt 1T.T ` Gexmaw (Russian :None)
SUBJECT Mortgaps Autt;,rized
25X1A6a
ORIGIN
25X1X6
Mortgages are to be granted for big repairs! for construction or
reconstruction of equipment for industrial buildings 9 and for
workshops
a. Mortgages are l$?imi ted to 60% of sale pr ice in cities
and 'S% in rural sections,
b. Interest is limited to 4-1% a n al I. rite re si-..,
C. Properties which were mortgaged to old banks nog
closed may be renmcrtgaged or. the condition that
loan be used to cover the old debt in accordance ith
SMA Order #66 re calling, In log rxs and. mortgages..
Banks and other il;istitutions are allowed to lend up to 309% of
their time deposlts,3
The state basis are authorized to issue debentures for tL.- purpose
of raising coney for long-term loans,,.
CLASS IICATION CONir i,TTIAL
INTELLIGENCE REPORT
DATE:
This document Is h
ereby
regraded 10
ONFIDENTIAL in accordance with t1,
fetter of it-, n,,..
obo
S PPLEMEIV"`I'
C
1. SSA Order #319 dated 9 June 1947, signed by 'Marshal Sokol : sky,
establishes the procedure for granting mortgages in the 'F, . -i ian
zone .
supervise the individual banks in this activity.
2. The state pres?idents are instructed, to authorize banks, ings
banks, and mutual credit ar=sociatioris to grant- mortgages. A
mortgage department is to To established in each state bet to
4. It is proposed that the banks comply with the following rAgulations:
Document
NO GNG
~. / D 17-01
Class,
DDA Memo p 4
Auth 4"Fed
Dates
REFEREJ
L; L K1
9/09/24: