Section 7
SEC. 7. The Agricultural and Industrial Bank is authorized to grant agricultural loans secured by real estate mortgages. In no case shall such loans exceed sixty per centum of the appraised value of the securities, which securities shall include the value of all improvements and other assets acquired with the proceeds of such loans. The maturity dates of said agricultural loans and mortgages shall in no case be less than one year from the date thereof nor in excess of thirty years from such date. Said loans may be made payable at one time or in installments.