Baughman, J. S. (James Stanley), 1898-1980

President Harry S. Truman (seated) receives check from the Home Owners' Loan Corporation (HOLC) representing the remaining funds of the HOLC after all obligations have been paid and doors have been closed. Standing (L to R): J. Stanley Baughman, Manager HOLC; J. Alston Adams, Republican Member Federal Home Loan Bank Board (FHLBB); Raymond Foley, Administrator, Housing and Home Finance Agency; John Snyder, Secretary of the Treasury; Oscar Kent LaRoque, Democratic Member FHLBB; William Divers, Chairman of the FHLBB; John Fahey, Chairman of the HOLC.

President Harry S. Truman (seated) poses with officials of the Home Owners' Loan Corporation (HOLC) to mark their repayment of $26,000,000 to the Federal Treasury on the $200,000,000 advanced by the Government in 1933 as capitol stock. Pictured left to right: J.S. Baughman, General Manager of HOLC; J. Alston Adams, Member of the Home Loan Bank Board; Raymond Foley, Administrator of the Housing and Home Finance Agency; Secretary of the Treasury John W. Snyder; O.K. LaRoque, member of the Home Loan Bank Board, William K.