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Financial Settlements of Defaulting Irrigation Enterprises

Author

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  • Hutchins, Wells A.

Abstract

Excerpts from the report Introduction: This bulletin presents the results of a study of debt settlements of 37 irrigation projects which had defaulted in payment of obligations, in addition to a number of others on which plans of settlement for various reasons have not been put into effect. The organizations studied included both district and private companies. Some of the settlements considered were concluded or at least initiated prior to the World War, but operations on most of them have been carried on wholly or partly at various times during the last 10 years. The records are too voluminous, and many details are peculiar to individual projects. The bulletin is therefore presented in two parts: (1) A topical discussion, designed to set forth principles derived from the operation of 37 refinancing or settlement plans in such a way that they can be grasped without confusion caused by a mass of accompanying details; (2) brief summaries of 13 typical settlements, in which all details essential to an understanding of the situation are included.

Suggested Citation

  • Hutchins, Wells A., 1929. "Financial Settlements of Defaulting Irrigation Enterprises," USDA Miscellaneous 324658, United States Department of Agriculture.
    • Handle: RePEc:ags:usdami:324658
    DOI: 10.22004/ag.econ.324658
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