Subtreasury of American Humor was created in 1941.
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Charles W. Macune
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Although the ejido system gave land to many poor villagers, it
did not lift them out of poverty. Farmers could not use the land as
security for a bank loan because they did not really own their
land- the ejido did.
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No, a land loan is not always considered investment property. It
is only considered as such if the person receiving the loan has the
intent of building a profitable business over the land.
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A blanket loan is a loan or mortgage for multiple subdivisions
of a single tract of land.