GC: You will have before you the conditions surrounding Mrs.
[
913] of ..., Va., in relation to her application for Home
Owners' Loan, and information given through this channel for
[
478] on November 7, 1935, stating that this loan would
eventually be accepted. [See
478-4, Par. 6-A.] A copy of a
letter rejecting this loan is in my hand. Please explain and
advise just what should be done now.
EC: Yes, we have the information as given here.
As we find, as has been indicated, this would - if there is
the persistence on the part of those desiring same - become
an accepted loan.
Under the present circumstances it will be necessary that the
rejection on the part of the holders of the bonds and a
rejection by the Home Loan, owing to the unacceptableness of
Home Loan bonds - be reported to those in authority. Not
alone in Richmond but in Jones' office and through those
channels. This circumstance should be reported at once. And
with the following up of that which will be given through
these channels, there will then be a change in the attitude
of the situation.
Ready for questions.
(Q) Should Mr. [
478] make this report himself, or have
Baldwin do it?
(A) Go on over Baldwin and Richmond and all! Directly
themselves make the report an outstanding situation, that the
rejection is by the insurance company holding the bonds. And
there will then be that reported which will require the
reports, following up.
Do that.
We are through with this reading.
Copy to Self - Wired also
Copy to Ass'n file
BACKGROUND
See
478-4, Par. 6-A on
11/07/35.
REPORTS
See subsequent notations under
478-4 Reports.



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