1985 - Volume #9, Issue #6, Page #05
[ Sample Stories From This Issue | List of All Stories In This Issue | Print this story
| Read this issue]
Philanthropist Sought
In Illinois, David and Anita Schroeder ran the following want ad in the St. Louis Post Dispatch several weeks ago, hoping it would cause a good-hearted benefactor with big bucks to spare to come to their aid:Philanthropist sought! Young, productive faithful Illinois farm family looking for $400,000 at low interest to consolidate deadly high interest loans. Collateral: $1,000,000 farm.
"We've had about 20 calls and letters but no one has offered the desired loan at 6 to 8% interest," Anita told FARM SHOW two weeks ago. "Several brokers called to say they might have 11% or 12% money to loan."
Meanwhile, the Schroeders are hopeful that their "longshot" plea for help will pay off: "We basically feel there's somebody out there who will show concern and be willing to take a chance with us."
The Schroeders can be contacted at: FARM SHOW Followup, David and Anita Schroeder, 13410 92nd Ave., Coal Valley, Ill. 61240 (ph 309 234-5227).
Click here to download page story appeared in.
Click here to read entire issue
To read the rest of this story, download this issue below or click here to register with your account number.