The Bismarck Tribune Newspaper, July 31, 1924, Page 8

PAGE EIGHT THE BISMAR CK TRIBUNE" RECEIVER FOR NEWSPAPER IN CITY IS ASKED. Involuntary Petition in Bank- ruptcy Is Filed in United States Court THE HEARING IN FARGO Fargo, N. D., July 31 of the petition of Senator The question Lynn J Frazier, W. A. Anderson, and others | to have the F Record, weekly newspaper at Bis marek, declared a bankrupt, was. be fore the United States Distriet Court | here today. The paper is now being | operated by a receiver The chief claim on which the mer-Labor State | in voluntary bankruptey petition is bus- | ed is that Frazier and Anderson hold | a claim for $900 on a linotype which | the Farmer-Labor State Record had agreed to pay for in installments, | and that it had not been made, ‘The newspaper, it is represented, is owned by about stockholders in a cooperative company. The defense contended the present receivership is necessary because it was impos: sible to get the many stockholders together for a méeting. The e came to federal court on an order to the receiver, who is I J. Siljan, to show why the company should not be declared u bankrupt. The plaintiffs represented that when a receivership was asked and named in district court in Burleigh county, & subsequent sale proposal to Harold drawn after Frazier who represented by Hsworth ; of Jamestown, planned objections. — | Frazier and Anderson asked that! John Bloom, of Bismarck, be numed | receiver. | Defense Claim | The defense, represented by Joseph Coghlan, claimed that the compa says a receivership was necessary account of the voting power of the corporation being y stockholders. The pape is in as good financial shape as the | average newspaper, and that if a receiver is appointed, it should not | be John Bloom. In Local Court Disposition of the property of the | Farmer-Labor State Record, newspaper, was held in pending further court action in Bur- | leigh county. Objections made to| the sale of the plant to Harold Hop- ton, proposed by the receiver, were filed by Lynn J. Frazier, United | States Senator, and W. A. Anderson of Minneapolis, former Attorney-'| General, who declared they are the owners of a linotype machine which it was proposed to incorporate in the sale, Following the objections the of- fer of Hopton was withdrawn, the sale not being approved by the court, its designer, trip several year debphia, speaking to each other. on the best of terms at a ball WILL The " 12 feet long with a thre > ‘but w BRAVE ATLANTIC IN THIS 5 foot ‘betm, and built entirely of steel, in which Wm. Oldham, rrington, Kuglind, will seek to cross the Atlantic Ocean in 40 gays. forbidden to start by the mayor of Liverpool. He planned such a ON THE BEST OF TERMS that William Kendrick (left), mayor of Phila- Butler, shis safety director, were not usive ‘picture, just taken, shows them ame, ably you've Jeneral Smedli This e and the plant is continuing to oper ate under the feceivership of L. J. Siljan. The objections to the sale offered by Senator Frazier and Mr. Ander son included: he 1. Alleging the court was without jurisdiction. in the matter, Declaring institution of a re- ceivership in the action and appoint- ment of L. J. Siljan as receiver was wholly unauthorized in law. 3. Stating that the sale made by Mr, Siljan as receiver to Hopton cov- ered practically all property and | the defaleation, was regarded as un-j days, made possible the cle sound. ment of the $71,500, but the loss of ,5 Northern National q a face value of $60,000, parant surplus valu or $16,800 additional, of $148,300. ing of the situation and the development ‘of Ithe neyotiations for the taking over of the banks assets by the Security ‘National and tite ption by the ecurity of ghe lia ies to deposi- in the city. Family Has Big Loss So far as the Beckwith neerned, there is not only th bank stock with | tors, remains nd the ap- 8 a share, a total GREAT AMERICAN GAME SIE On, tmen on b to} He~Ve of maki look! Iowa has three Mr. Beckwith, whose return but Chicago is at ‘bat. Fargo Sunday after an absence of 10° lowa Frivol. that creditors of the corporation re ceived no notice as provided by daw. 4, That the value of the property reported as sold by Mr. Siljan was bout $15,000, a sum greatly in ex cess of the of Harold Hopton, which was $9,762.67, and alleging confirmation would injure ergdi- tors. | 5. That the claim of Frazier and Anderson of $900 balance due on the linotype had not been includea in ‘the list of claims of creditors. 6. Declaring the chattel mortgage dated September 1, 1923, and given to secure an indebtedness to Harold Hopton of $4,000 was executed by the corporation without authority in law and is not enforceable against the corporation. Mes: Frazier and Anderson ask- ed tha je sale be set aside. The receiver had informed the court that he believed that the cor- | poration was unable to continue | business and pay its debts and that | the property ought to be sold, for | the benefit of the creditors. , BANK IS PAID OVER $70,000 Big Sum Is Involved in Set- tlement Made in Fargo | \ j | Fargo, N. D., July 31.—Federal bank examiners who were called in-| to the Northern National bank of Fargo Sunday as a result of the situation in that institution, (is- closed by the directors to the Fargo Clearing House association last Fri- day, .have completed their checkup of the. bank affairs. Incident to the discovery of the apparent defalcation of $49,500 in the. Northern National bank, and the ing care of that amount, some Tetereiine facts have come to light within the past 24 hours. Louis Beckwith of Mitchell,.S. D., her of H. P. Beckwith, president “of the bank, actually paid:$71,500 in- to the treasury of the bank, that ‘guph taking care of the $49,500 de- faleation, and a voluntarily assumed easment of $22,000, on the 4 ‘jm the Northern National. held ‘the father. : * Ais @°result of the whole deal, the jolders in the Northern Na- benk,Jose the entire face of pies al $100,000, as well } o per, over an@d above of the bank's Where You Get Plenty of Mi es Just on Wind| Out where traffic is never congested, where roads are always navi- gcible, where you are free trom ‘blowouts and where you get plenty of mileage on a friendly following wind—out in the sea in a sailboat on a mid-summer day. piss of $28,000. This lass! would be an awful sap the fact that some | shows No. 15 of the Victory squadron giiling in a club event off Long Horace, 1.ask you; ain’t that the fite? say no.) (Hora If you are interested the picture Islan@ Sound. . Wide Variation in Vitality of Seeds In the past there was perhaps no other-trade in which swindling was 30 rampant as in that of .the sale of seeds, The artful dealer of half a century ago adulterated his goods by adding a considerable proportign of boiled seeds, : The seed adulteration act put a stop to that practice, but not to the sale of dirty and old seeds. Most seeds are “djrty” when fresh gathered—that is, they contain a considerable percentage of weed seed, and all the great seed houses possess elaborate and costly ma- chinery for cleaning, says London Answers. Clover seed has to be carefully cleaned. If this is not done the result will be a crop of all kinds of pernicious weeds in the clover field. Some weed seeds, such as those of the dodder, are so tiny that it Is al- most impossible to detect tRem ex- cept under a strong magnifying glaas. Seeds vary in their power of re- taining life. - Walle those of peas and beans will retain vitality for many years, others, such as those of the parsnip, are useless if kept over one seasone Seeds of the wil- low and the poplar are sé short- lived that unlesg they land at once In a moist place, they die in a few days. Salesman Had Answer for Silly Old Saying A salesman in an fowa town called onsa storekeeper who had | an, old-fashioned store in a splendid locality. The sale: ‘creative type and urging the | storekeeper to change his methods, and to adopt new selling ideas. The reply of the storekeeper was: “Oh, these old methods were good enough for my dad, and F guess they’re good enough for me.” The salesman answered, and he | could make this answer because of | his experience and famflarity with the situation: “Your dad, when he established this store, was the most. progressive merchant of his time— \ that's why he won success. If he had been content with the methods of your grandfather he would never have established any business at all. Your dad, and I knew him well, never refused to consider new | Ideas; he adopted the things that had proved successful with other merchants.” If he were alive today he would be the first one to recog- nize that the community your store lis serving Is greatly changed, and that new methods must be adopted, to take advantage of new condi- tions.’—Forbes Magazine. Toad-Stones The toad-stone is generally de- scribed as a species of black peb- | ble of no especial beauty as an or- {nament. During the Dark ages, however, it was in great demand. It was supposed to protect children from the molestation of fairies and to cure kidney and stcmach trou- bles. That a common toad wears a pre- cious jewel in its head was a pro- found belief in the Middle ages, Its possessor was supposed to .be im- mune from toothache, so the legend runs, ind it was a sure antidote for poisons, These creatures were sald to; forewarn against venom by transmitting @ smarting sensation | to the flesh. The toad was credited with having a natural fear and an- tipathy for man as well as for all venomous reptiles, hence its warn- ing. OuR FORE HAD GO very litle dental work to be done. people ate was mot processed; (0.0 dalicscnn whale wheat f J men, and confiscated six shotguns, an was of the | A century or 60 ago almost everyone had good teeth and there wae “ealaurn Giee) that vitally important clement which is necessary fer Breakfast cupply of colchute iene) alec containe thepther fifteen wee Gesary food clements,'and the these vieemipen, Eat & rege, FOUR ARE SHOT WHEN KU KLUX ARE ATTACKED, | Between 3,000 and 5,000 Members of Klan and Oth- ers Engaged in Hostilities Haverhill, Mass., July 31.—Four men were shot here early toda) when hostile crowds clashed witl between 3,000 and 5,000 members of the Ku Klux Klan who held a meeting lasting into the early morning on a hill in the neighbor- ing towns of Groveland. State and local police at last quelled the dis- orders, taking into custody 23 men, including three of the “wounded ‘several revolvers and quantities of ammunition, The disorders broke out at the conclusion of a Klan initiation on ceremony on Perry Hill, Groveland, and continued as nearly 1,000 au- tomobiles bearing Klansmen from Worcéster, Boston, Springfield and other cities traveled from the meet- ing place homeward over the road between Haverhill. Shots were fired and many missles were thrown at passing cars but so far as is known only four men were injured. None of the injured men, all of | whom suffered buckshot wounds | in the leg, were believed to be dan- generously hurt. The injured al- leged they were fired on by Klans- men in a large truck when they attempted to pass a truck. WOULD FORCE TAX PAYMENT The ‘city commission has instruct- ed City Assessor Falconer to under- take the collection of road poll taxes, which have not been paid, with a view of taking some action against those delinquent. It was suggested at a recent meeting of the commission that persons who had not paid their road poll tax be given the alterna- tive of paying it or working it out on the streets. Hardware Team Is Victor The Hardware baseball team won from the Rosen nine thet ‘night with a score of 6 to 4. Fohl for Rosens pitched a good game’ but vonerl in the third inning prov- ed costly. Tonight the Hardware and Transportation nines will play. R HE Hardware 6 6 5 Rosen 4 6 5 Two base hits, Fuller, Hardware, and Fitch, Rosen; Three base hits, Tiffin, .Hardware. Fohl struck out 9 men, Kritz for Hardware three men. Christianson was umpire. NOT! OF CHATTEL MORTGAGE SALE NOTICE IS HEREBY VEN, That default has been made in the con-; dition of that certain mortgage made by Geo. W. Moffit, of Mof Coun- ty of Burleigh, and State of North Dakgta, Mortgagor, to the Moffit | State Bank, Moffit, N. D., Mortgagee, dated the 7th day of December, 1923, to secure the following indebted- ness, to-wit: \ ‘One promissory note, dated Sept. | 28, 1923 for $544.59 which mortgage | was duly filed in the office of the Register of Deeds of Burleigh Coun- ty, State of North Dakota, on the 10th day of December 1923, at o’clock 9 A. M., that said default is of the following nature to-wit: That the defendant has failed to pay any part of said sum; that the Same is past due and payable; that there is claimed to be due on said Mortgage at the date of this notice the sum of $590.88 for principal and interest, : And that said Mortgage will be foreclosed by a sale of the personal pepe in such Mortgage and here- Inafter described, at public auction agreeably to the statutes in such case made and. provided, at. Front door of Post office in the City of Moffit, in the County of Burleigh, State of North Dakota, at the hour of 1:30 o'clock P. on Monday the 1Jth day of ‘Aug 1924. The personal property described in said mortgage which will be sold to satis- fy the same is the following, to-wit: gray gelding, fears Wei, 1500, Name Pete” yen 1 gray mare, 7 years, Weight 1000, Name Queen, o white gelding, 14 yrs., Wei UD Meme King. | tent roig’’d 8d white cow, 8 yrs, Weight 1 red cow,’S yrs., Weight 1000, One Header, one ‘header box, one drill, one plow, % interest in corn planter, ~ Dated the 28th day. of July, 1026. A 7 7, E, 7. BURKE, Agent ttorney for Mort; Bismatek, N. D. 7-31 FATHERS OD TEETH ‘Why? _ Simply ‘becawse the food ft contained @ plentid eupply of Jood which ccntaine on abundant EARTH SHOCK IS FELT London, July 31, (By the A. P.)— A shight earthquake today caused considerable alarm in the mining country near Maltby and caused officials of the Maltby main colliery near Rotterdam to withdraw for a time 11,000 miners, but there were no casualties, It was at‘ first be- lieved: that the earth tremors had been taused by an explosion in the colliery. Let me | paint the west side of your house. A. B. Carley. Phone 745. i It is Cheaper. Cook by Electricity. THURSDAY, JULY 31, 1924 ABRO CLUB IS ORGANIZED North Dakota Included in New Association . Linton, N: D., July 31—Organiza- tion of the “Dakota Aeronautic asso- ciation” was perfected at Aberdeen, S. D., Saturday, July 26th and K. 0. Schneider of Miller, S: D., was elect- ed president; N. D., vice-president; and E. C. Cur- ren of Spearfish, S. D., secretary. The only qualifications to join are that one be interested in the promo- tion of aviation, in the Dakotas and the annual dues were fixed at $6. F. B, Irvine of Linton, | : | One: of the resolutions’ adopted was that all pilots refrain from do- ing stunts When carrying passengers to which all pilots present unani- mously agreed. The convention went on record as favoring the establish- ment of municipal landing fields at all the larger cities of the two states, An annual air meet is to be held in the city offering the greatest in- ducements for the event. a Mr. Schneider, president of the new organization, is a North Dakota boys coming originally from Lisbon. He is a former N, D. A. C. student and was also instructor at the Han- son Tractor school ‘for a time. Establishment of a municipal land- ing field is the feature which will probably draw the, next annual avia- tion meet according to pilots who attended the South Dakota meeting. BISMARCK. STATE _ FREE EMPLOYMENT OE*E*I CE; The State Department of Agriculture and Labor an- nounces that Mr. Herman Brocopp will act as special State Free Employment Agent with offices at the Bis- marck Implement Company, where Mr. G. N. Nelson is manager, to Kandle farm labor generally commencing August Ist, 1924. - Phone 270 (The $5 one-fare rate effective until Aug. 16th, on N. P., G. N., Soo and C. M. & St. P. Ry. Those desiring five or more from Twin Cities; wire J.D. Williams, 210 South 4th Street, Minneapolis.) JOSEPH . KITCHEN, STATE EMPLOYMENT DIRECTOR. ‘ + Easy wisdom! Here’s a simple rule for learning about everything modern. ite All you need do is turn a few, illustrated ‘““pages and run your eye over entertaining reading. You glean all the-facts you must cope with daily. How to dress correctly, furnish your home, prepare and serve food, maintain health ,recognize the best in music, literature, art;-enjoy ingenuities that make life easy and pleasant. f Intimate news in advertisements touch every modern phase.: Their friendly chats interest, assist. As shgrer in modern com- forts, you can’t afford to miss them. Since you buy anyway, why.hot buy the best? You'll find advertisements a generous help. They are authorities about that touches your daily life.. everything \ YOU CAN DEPEND ON ADVERTISED GOODS—A SOUND REASON FOR READING ADVERTISEMENTS