LENDING POLICY OF CORPORATION
MEMBER INQUIRES ABOUT HONOURING OF PROMISE (From Our Parliamentary Reporter) WELLINGTON, November 2. Indications of when the promises of a more liberal and progressive lending policy are to be made operative by the State Advances Corporation was sought by the Rev. A. H. Nordmeyer (Lab., Oamaru) in a notice of a question addressed to the Minister in charge of the department (the Hon. W. Nash) in the House of Representatives today Mr Nordmeyer also intends to ask the Minister if he is satisfied that the present board of management is carrying out the intentions of the Government and if there is any need to retain on the board the services of a person already enjoying a high superannuation allowance. , ... Information whether any appreciable number of loans has been granted in excess of 90 per cent, of the value of the securities offered, including collateral securities deposited with the corporation, is also sought by Mr Nordmeyer.
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https://paperspast.natlib.govt.nz/newspapers/ST19371103.2.55.3
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Southland Times, Issue 23347, 3 November 1937, Page 6
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159LENDING POLICY OF CORPORATION Southland Times, Issue 23347, 3 November 1937, Page 6
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