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The Times News
Hendersonville, Henderson County, North Carolina
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Governor Floyd B. Olson ordered postponement of all Minnesota farmers' mortgage sales for 30-60 days to avoid violence, following expiration of a moratorium and before new relief measures take effect.
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ST. PAUL, Minn., May 2.—(UP).—All farmers mortgage sales in Minnesota were postponed last night for from 30 to 60 days under orders from Governor Floyd B. Olson to all sheriffs and other county authorities.
Olson issued the order after receiving telephone and telegraph messages from sheriffs declaring that there probably would be violence if sales were attempted.
A moratorium declared by Olson on foreclosures expired Sunday. Relief measures passed by the state legislature do not become effective for 18 days after that date. Sheriffs reported that the objections were to holding sales during that 18-day period.
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Domestic News Details
Primary Location
Minnesota
Event Date
May 2.
Key Persons
Outcome
all farmers mortgage sales postponed for from 30 to 60 days.
Event Details
Governor Floyd B. Olson issued an order to all sheriffs and other county authorities postponing all farmers mortgage sales in Minnesota for from 30 to 60 days after receiving messages from sheriffs declaring potential violence if sales were attempted. A previous moratorium on foreclosures expired Sunday, and new relief measures passed by the state legislature do not become effective for 18 days. Sheriffs reported objections to holding sales during that 18-day period.