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EX-SOLDIERS' LOANS

TRANSFER OF CONTROL ASSOCIATION'S OBJECTION "Returned soldier mortgagors are dofinitely opposed to their mortgages being handled by the Mortgage Corporation, ' says a statement issued by the Auckland Returned Soldiers' Association. " Since the coming into operation of the Discharged Soldier Settlement Act their mortgages have been controlled by the Crown Lands Department, and there is no question but that the mortgagors have been sympathetically dealt with within reasonable limits. A t'aluable personal relatiftnship has been established and will be lost by an entirely new body assuming control of these mortgages. This will be distinctly adverse to the mortgagor." The executive of the association has passed a'resolution making an emphatic protest against the handing over of mortgages under the Discharged Soldier Settlement Act to the control of the Mortgage Corporation instead of maintaining them under the direct control of the State as was agreed upon when the contract was entered into.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19350905.2.79

Bibliographic details

New Zealand Herald, Volume LXXII, Issue 22206, 5 September 1935, Page 12

Word Count
151

EX-SOLDIERS' LOANS New Zealand Herald, Volume LXXII, Issue 22206, 5 September 1935, Page 12

EX-SOLDIERS' LOANS New Zealand Herald, Volume LXXII, Issue 22206, 5 September 1935, Page 12