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Domestic News December 16, 1901

Bismarck Daily Tribune

Bismarck, Burleigh County, North Dakota

What is this article about?

In Devils Lake, over 750 chattel mortgages were released in November at the register of deeds' office, including 500 in one day, with several hundred more discharged privately and few renewals, showing farmers have paid off thousands of dollars this fall.

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Full Text

PAYING OFF MORTGAGES.

Devils Lake Inter-Ocean: During the month of November, at the register of deeds' office in this city, over 750 chattel mortgages were released and one day this week 500 were discharged. Besides these "it may be safe to state that several hundred were discharged by the mortgagees on the books themselves. The number stated above are known to have been satisfied because that many discharges were filed with the officer stated.

Another noticeable fact is that during the fall few if any chattel mortgages were renewed. This shows where thousands of dollars of money of the farmer has gone this fall.

What sub-type of article is it?

Economic Agriculture

What keywords are associated?

Chattel Mortgages Released Devils Lake Farmers Debt Payment Economic Conditions

Where did it happen?

Devils Lake

Domestic News Details

Primary Location

Devils Lake

Event Date

During The Month Of November

Outcome

over 750 chattel mortgages released; 500 discharged in one day; several hundred more discharged by mortgagees; few if any renewed; thousands of dollars of farmers' money paid off

Event Details

At the register of deeds' office in Devils Lake, over 750 chattel mortgages were released during November, with 500 discharged in one day this week; several hundred more were discharged by mortgagees on their books; few chattel mortgages were renewed during the fall, indicating farmers have used thousands of dollars to pay off debts.

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