The Bismarck Tribune Newspaper, April 20, 1922, Page 2

PAGE” IMPORTANCE OF DIRECTORS OF BANKS I$ TOLD ~ State Examiner Semingson De- live Address on Subject: To Bankers’ Meeting ASKS FOR COOPERATION ewo Members of the Missouri Slope group of bankers meting here yester- aay were Jmpressed witn the import- ance of a good board of directors -tor a bank by Gilbert Semingson, state aminer, who addressed the conve tyon. ‘Mr. Semingson had been in- vited to discuss ‘iXesponsibilities and Liabilities of Dirtctors.” He said in part: the subject assigned to me covers what 1 consden one of the most im- portant phases of the administration of the attairs of a banking institution. It the directors generally could be made to fully understand and realize ‘theiy responsibilities and liabilities as such officers and act accordingly, there would be fewer defalcations, there would be fewer ibad loans, there would be fewer closed banks and the whole banking fraternity would grow stronger in public confidence and pub- lic trust. A Director is not merely a figure-head, or rather, should not be, although he oftentimes is. His is not merely an honorary position. He has work to do. He is placed on the gov- erning board of his insttution for a definite purpose and he has certain well defined and definite duties tu perform. Those duties include the careful and thorough examination of the assets of the bank at least twice each year, at which examination a thorough check-up should be made of the cash, stjocks, checks, cortificates directors in, working out of it to the best, advantage. INo objeation can properly be made’ to tho interest of a director in demanding to know just what is going on in his institution and to inquire into the transactions that Hes does not understand. That is his job.” Asks for ‘Cooperation In concluding Mr. Semingson said: “T realize fully the difficulties that ‘the bankers of this state have had to ‘contend with during the trying period through which we are passing, and I appreciate the cooperation our de- partment has had in, endeavoging to work out the various difficulties that have pres2nted themselves from, time to time. “ Prospects are considerably brighter than they have been for some time past and I believe that. we can look forward to a period of real pros- perity. North Dakota’s crop of opti- mism never fails and with that and the bumper crops we are going to get next fall, and with every man on the ‘ob, including directors, there is no reason why the banks ‘of the state ‘should nct take on “ew life and more firmly estavlish themselves. as inst!- tutions of real service to their re- spective communities.” >—_________._____._4 ADVENTURE OF THE TWINS | By Olive Barton Roberts The next valley. was a terror. The white dove warned the Twins about it. “No matter what happens,” said he, | “pretend not to notice, but go straight ahead. The Valley-iof{Watch- Your-step will be sure to try your courage. But no matter what hap- pens, be sure not to scream or cry out. Old Tricky Trixo, the second cousin to Twelve Toes the Sorcerer, and third cousin to Eena-Meena the Magician, lives in this valley. “He has no power over you if you ‘of deposit, cashier’s checks, and most important of all, the loans and dis- counts. Rock of Safety. “It is upon the safety of your loans and discounts. that the strength of your jnstitution depends, and uyjn the Directors rests the responsibiliy of protecting the stockholders from loss by bad or excessive loans. Your stock- holders elect their Directors from among their membership and they expect those Directors to perform the duties required of them by law and to have a reasonable understanding and knowledge of the condition of the Bank. It is not required that a Di- rector be an expert accountant or that he know exactly all of the details con- nected with the work. It is required, however, that he exercise the care and judgment and diligence of a rea- sonably prudent man in the discharge of his duties and I hold that such care demands that he be sufficiently fa- miliar with the paper of the bank to know whether there are going to be losses to the stockholders through bad loans and to take steps to have such losses reduced to a miuimum, It is noq of course possible to guard com- pletely against loss by bad loans but proper authorization and supervision by Directors will go a long way to- wards reducing them. The Examiner sent out by the Banking Department is not in a position to accurately pass upon the paper, as ha knows nothing about the makers except as appears upon the record which is given him, and a note with its security that may appear on its face to be worth 100. cents on the dollar may in fact be worthless. The Directors, however, or at least somo of them are usually local men who are acquainted with the patrons of the bank and they are in a position to know something of both the financial and moral responsibility of the borrowers. What Law Requires \ “Tha law calls for at least two meetingy a year, in which a thorough examination should be had, and it. such examination were in fact made, I am satisfied that there would be fewer bank failures in the State of North Dakota. I believe that this ap- plies particularly to. the smaller coun- try banks where too often the entire management is placed in the hands of one man and the Directors having im- plicit trust and confidence in him, never question his integrity or his judgment. It is this one man bank idea that must be.rooted out wf our banking system befora we can ro- duce failures to the minimum. The honest and conscientious cashier will welcome a thorough investigation of his work., If: he; has made a ood loan, that ‘ts to his credit, and if-he has made a bad one, he should be in- terested in receiving the advice of the. AILING WOMEN OF MIDDLE AGE Mrs. Linton Tells How Helpful Lydia E. Pinkham’s Vegetable Compound is at This Period Enknans Ve; snore Com- dforsevenyears ny Soa old and I Seeley bottle lof it in for Lydia E._ Pink- lham’s help. My hus- band saw your ad. in rs and said ©: [the pay sythin wok f, I it ever ou can think of, now I wan’ you to take Lydia E. Pinkham’s Vege- ave taken table Compound!’ So let him get it, and I soon felt better and he told me ‘P want you to take about six bottles.’ So I did and I keep houseand do all my own work and work out by the day and feel fine now. I tell every one about the ny aenes, Compound, for so many of my friends shout I would not get well. 8 Mes. B. . J. LINTON, 1850 West 88d Avenue, Denver, Colorado. After reading letters like the above, and we are constantly publishing them, why should an) any woman hesitate to take Lydia E. Pinkham’s Vegetable Com- pound if ‘she is in needof help? It brings Piet where other medicines fail. p> Piles! Pyramid Brings Relief Yes, the Relief Afforded by Pyramid Pile Suppositories Js Truly a Blessing Maybe you are suffering with itch- ing, bleeding or protruding piles or hemorrhoids, and if you have never tried Pyramid Pile Suppositories, by Get a 60 Avoid all means do so. at once. cent box at-any drug store. the pain and distress, get quick re- lief and a new lease of comfort. Take no substitute. If you would like to try them first please send name and address to Pyramid Drug Co. 7) Pyramid Bld » Marshall, Mich, u Pi ‘id do not show fear, nothing.” With these words he flew away and the journey began again. “I don’t see anything to be afraid of,” scoffed (Nick. . “This looks like our pwn) lovely meadow. at hume, doesn’t it.” Thoy were walking over a nice lit- tle bridge that crossed a sparkling stream of clear water. But scarcely had the words left his lips when the bridge broke in the middle and down they went into the stream. ‘Nancy grabbed \Nick and Nick grabbed Nancy, but not a sound did thsy make. ‘fhen just as suddenly as it had gone down, the bridge righted itseif again, and the Twins with it. There they were, walking peacefully along as though nothing had happened. They were not even wet. “D—did the bridge go down?” whis- pered Nancy, “or was I dreaming?” “It really, did,” Nick told her. “Wi osy't it queer! It must have been one of Tricky Trixo’s tricks.” Before Nancy: had time to answer, a large tree beside the path toppled and fell. That is, it nearly fell, and right on top of the Twins at that. But before it quite reached tbem, it suddenly straightened, and stood as firm and graceful as ever, its branches waving quietly in the breeze. ‘Not a sound had the Twins uttered in this qu2er .Valley-of-Watch-Your- Step. (To Be Continued.) (Copyright, 1922, NEA Service) Pretend to notice Leghorn, on the west coast of Italy, is famous for its straw hats and ‘bon- nets, LOWER PRICES On Cleaning and Pressing. Bring your cleaning and pressing here and get our special pricg. Best work possible. Hats Block and Cleaned. Eagle Tailoring and ’ Hat Works Opposite Postoffice. ‘We Call For and Deliver. nAKRCUN aay "Learn a Word Every |; Day o—- ‘Today's word ‘is INCONGRUOUS. It's, pronounced — in-aon-groo-ous, with accent on the second syllable. It means—lacking in harmony, lack- ing in consistency, characterized by disagreement ‘or lack of conformity, “not hanging together.” It comes from—Latin “in,” not, and “congruus,” similar, Companion word—incongruity. It’s used like this—‘“It seems in- ecngruous for a father to chide his | son for extravagance wlien the father himself is a spendthrift.” - —> A Thought For Today | oO And many spread their garments in the way: and others cut down branches off the trees, and strewed them in the way. And they that! went before, andi they that followed | after, cried, saying, Hosanna; Blessed is he that cometh in the name of the Lord!—Mark 11:8-9, First the high) palme ‘trees, with! _ braunches faire, Out of the lowly ‘valleys did arise, And high shoot® up their heads into the skyes. —Spencer. For Sale. Choice Canary sing- ers. J. Bull, Dickinson, N. D. Box 728. — FAS TT Underwood Typewriter Co. Standard and Portable. Sold. Rented. Repaired. Bismarck, N. D. / TYP E EY RITERS All makes sold and rented Bismarck Typewriter Co. Bismarck, ‘Phone 62. The Wachter Transfer Company dealersin . HOT and COLD STUFF Beulah Coal—Missouri River: Ice - WHEN IT COMES TO MOVING our First Class Rigs and Competent men are at your disposal, Wood—Gravel—Fertilizer. Bismarck, 'N: Dak. COVER Ton for only 1 9c (Regular Price39c) Pudding Pan which regularly sells for $1.10 is offered to you now at 49c—and for a reason! Because we know that if you onceusea“‘Wear-Ever” aluminum kitchen utensil you ALWAYS will look for the “Wear-Ever” trade- mark on the bottom of EVERY cooking utensil you buy.. That is WHY we ate making it unusually easy for you to TRY Wear-Ever.” The two-quart ‘“Wear-Ever” Pudding Pan has been chosen to show you the difference between. |. “Wear-Ever” utggsils and the ordinary kind because, it has such & great number of daily uses in any kitchen. And the more you will use a ‘‘Wear-Ever’’ utensil, the more convinced you will become that ‘Wear-Ever” utensils ARE different from the ordinary kind. "Tre two-quart ‘‘Wear-Ever” Get this useful pan TODAY from metal that is HARDER, ROUGHER: DENSER. They are m: has been soldcolled under Sn08 ‘ mous pressure for the purpose o! putting INTO it the years and years of SERVICE that you will get OUT of it. Ever” utensils with thin, flimsy utensils that have little more than. a bright finish to commend them ~and whose prices alone indicate the kind of service you may expect. Pan TODAY. Put it in your kitch- en for a real service test. you will KNOW why more than two million women. prefer“‘Wear- Ever” and insist upon And then, too, you will why it pays to replace utensils that wear “‘Wear-Ever.” The Aluminum Cooking Utensil Co. New Kensington, Pa. If these pans are not obtainable at your dealer's, mail 60c to The Aluminum Cooking Utensil Co,, New Kensington, Pa., and pan. will besent you post-paid, Cover will be included for 20c additional. Look for the store with the ‘‘Wear-Ever” window display | NORTH DAKOTA Dickinson, Senour & Langley. BISMARCK, N. D, JameStown, Jamestown Hdwe Co., Kirk & Lomas Hdwe Co. bertesd |ARD GW ent-Ever” utensils are made from sheet aluminum that You should not confuse “Wear- Get this “‘Wear-Ever” Pudding Dy petting it. KNOW our with utensils that Mandan, Rovig-Skjod Co. M = PUDDING PAN Pudding Pan’s Diary AWOKE ana ‘found that ti stewed last been served. At scven- ten by the kitchen clock f went to the oven with F breakfast food to six eggs which, after ‘warmi and with the aid of a lot of fuct, After breakfast I made ‘a delicious rice pudding for luncheon. The chil: Gren ‘ore. the bind LIMITED only from April 20th to | | Restilax. “Pa ice eftle g. SATURDAY | Later in'the afternoon I wan given the dellahe- ful job of molding frule felatine, “That being turned out onto @ dish prunes I ight’ had and placed In the tco T was sent to tho oven to make a chicken pie. Tonight I'm in the refrigeratorkeepingsome food cold. Because of the thickness of the alumiaum from which T am made, I absorb cold | ‘Then I was given up to my work ‘a8 well as T absorb heat. And. being | made Id-rolled metal the action of |. do not absorb odors | or strong food acids flavors, and I am safe and sanitary. Tomorrow is Sunday. aya start Sunday up- ide down—Inverted over dish of aricaie cates tn keep them hot. I love thet job, too. Allen. ling Divide county, is being promi 4 BOOSTER ESSAY CONTEST Crosby, N. D., April 20.—An essay contest for advertising and dovelop- county are eligible to participate. The| Joliet and Marquette, French explor- subject ot the essay is to be ““Wihy| ers, first discovered coal in IWuois 1 Have More] in 1673. idloses April ———— There are more than 600 different ed by the Orosby Development a species of ‘birds in Australia, ciation, AH school children of Divide Boxing Exhibition ‘Mandan, Friday, April 21 Buddy MeDonald high school and grade contestants. Battling Krause Who needs no intro- : duction to boxing MAIN BOUT St. Paul’s Star fans. 10 Rounds Welterweight. Les McDonald of Mandan will go four rounds with some fast boy. Kid Fogarty Semi-Wind Up Johnnie Smith - Bismarck 8 Rounds Glendive , First Preliminary at 7:45 / Tickets on Sale G. P. Billiard Hall. The Ferry ‘will run 11:30 Friday Night. vs. A New ESSEX ‘1095 _Roomier, Finer Looking and Smoother in Action Greater beauty, comfort and riding ease are striking characteristics you will notice in the new touring model of the Essex. Seats are wider, giving more comfortable accomoda- tion to passengers. Wider doors, admit freer entry and exit. New type oil-cups, quickly and cleanly filled, replace bothersome, messy grease cups, These are,a few of the things, which, in addition to the improved Essex chassis, make the Present model Some of the New Features Wider seats Wider doors Beautiful drum-type lamps Flanged crown fenders Oil-Cups—clean and ‘ convenient, instead of the finest Essex has produced. dirty greaee cups 4 Its price attraction is unequalled. Tet Lorks se: Touring, $1095 Coach, $1345 ance companies Freight and Tax Extra R. B. Loubek Motor Company 214 Main Street Distributors Bismarck, N. D. Don’t Starve the Teeth Food that must be chewed is the best food because it insures complete digestion and devel- ops sound teeth and healthy gums. The longer you chew Shredded Wheat the more nutriment you will-get out of it and the more delicious it will taste. Contains all the lime-salts for making sound teeth and all the ele- ments needed for making healthy For a warm, nourishing meal heat two Biscuits in the oven to restore their crispness; pour hot milk over them, adding a little cream_and:a dash of salt. Delicious with sliced ban- anas, prunes, raisins or canned fruits. tissue. . Sixty-five per cent. of all school children have defective teeth —that means low vitality and poorly nourished bodies. TRISCUIT is t:.e Shredded Wheat cracker—a real whole wheat toast—and is eaten with butter or soft cheese.