The Bismarck Tribune Newspaper, April 30, 1927, Page 9

fm SATURDAY, APRIL 30,1927 . eee Bismarck emer Week, May 2-7 1 D, ACQUIRES | 315 FARMS BY . S FORECLOSURE, {MBM Average of Loans on Which ) fe \ Proceedings Are Started Is | 7 to 8 Years Overdue Three hundred and fiftecn farms | have been acquired by the state on| yy foreclosure of loans from state school ¢ euee fe siccarding to the report recently audited | ¥ fags Mt te treasurer's | ‘ iat boa ete | ai pF"these, Bund said, were! over by the state during the| bi last three years. Prior to a few years ago, Lund said, only one fore- Ry closure of a state school land loan ; " had been made by the state and that | ° ¢ in a case where the person obtain- cao ¢ ing the loan left the country and was f not heard from again, ls Explanation us to why the number | of foreclosures has mounted in re- | cent years is offered, however, by | the attorney general's department | which passes on all school land con- | tracts and has handled the foreclos- ' ure suits. The explanation, it is | said, is that many loans were per- mitted to become delinquent and only | during the last few years has uny intensive effort been made to clean | No Interest Paid | When the recent series of fore-| closures began, it was said, many | loans were found on which no inter- est payments had been made for 10, }/. gears. ‘The life of school land loans years but one loan was found | on which no interest had been paid for 13 years and nothing hud been paid on the principal. The average of loans on which foreclosure pro- ceedings were started was seven to| » eight years overdue, it.was said. The low interest rate charged for, loans of state school: land fynds is Beauty in Landscapes This organization has achieved a notable success in landscape work because of its ability to combine the beauty of nature and the at- mosphere of your home into a harmonious unit. You will find charges are most reason- able. We shall be glad tu confer on any topic of garden- ing or landscaping. ex) ition being that) any farmers oy settled apligae | tons carrying a higher rate of in- terest before yi anything on! their state loans. Another factor | was the gencral fecling that the,state | ag be a lenient creditor. { ope resent foreclosure suits are; oY alae instituted on loans in which no} [Py Regie Payments have been made A for t Oscar H.. Will & Co. Seeds, Trees, Plants. Phone 163, 322 Fourth St. ) or four years, discretion | in such matters lying with the state | school land board which reviews | oe applications for loans and cases re- praviring executive action. BUY PAINT-EXPERT Al Dt V WICE 7 The paint industry each year has made it increasingly easier for home: owners to do “‘little jobs around the place.” . The Boss painter will. attend to the more. important undertakings, but you can freshen up a‘line’ of fences, or make flower’ boxes and trellises glisten in the sun; you can do over chairs and tables and wicker furniture; you,can make a gloomy pantry or closet smile once more, and varnish, enamel or lacquer an ice box that - has seen years of service, until neighbors think it is new. It is characteristic of the modern merchant to sell more than ‘as more than varnish, more than enamel, more than lacquer, ete. With the bargain comes helpful advice, friendly counsel, information. which will make it easier for you to, buy and easier for you to do the work. 5 eh A ae down pera oteg an ard prove, that it is an important truth of & ~"" "BISMARCK PAINT & GLASS COMPANY 401 Fourth St. H. E. SPOHN, Mar. Phone 300-J . THE BISMARCK TRIBUNE Phone 748 Let us figure with you during this National’ Clean-Up and Paint - Up Week, May Ist to 7th. We are general contractors for paint- j ing, decorating and wall papering. Our line is complete and we are’ sure you will find our prices right. H. H. ENGEN PAINTER AND DECORATOR Clean Up ind Paint Up 3 Dry Cleaning, Pressing Repairing When you look over your old clothes see if they need dry cleaning, press- ing cr repairing. Papacek Tailor Shop Electrical Contracting E. E. RICKER 206 Broadway Phone 81 JARRELL HARDWARE CO. 316 Main Ave. Phone 18 207 Broadway Hose Reels Window Cleaners 20c to 90c Hose Nowples:, ss ied Menders Step-ladders with shelf, well made of seasoned 6 ft. $3.00 10 ft. $8.50 wood 5 ft. $2.50 8 ft. $4.25 If you had a thousand arms and ands they could be used, each and every one, in beauti- fying your home. There's a real zest in it, too. The " “handy man around the home” has come to bean American + Ideal. Why not? ‘To begin with, for any man or any woman, it is vigorously health-giving exercise. And when the tasks are completed, you have a “show place”"— not just 2 house and lot Every nail a nan drives, every stroke of a brush, every new shrub and tree to his place, is a form of nvestment. French & Welch B garden tools and aluat Sprayers, a number of different kinds 45c to $4.00 | Shovels, Spades, Turf , Lawn and Gar- | Eclipse Mowers, 16 to 20 § den Rakes, Hoes inch 85c to $1.40 | $10.50 $20. We can furnish any of your clcan-up supplies Paint; Varnish, Glass, Brushes : \ ’