The Bismarck Tribune Newspaper, October 6, 1933, Page 3

“such time, in each case, as may seem THE BISMARCK TRIBUNE, FRIDAY, OCTOBER 6, 1933 RECEIVERS ACCEPT HOME OWNER BONDS Practice Is Followed in C of Both State and Nation- al Banks St. Alexius hi ly before 1 p. Agreements to accept bonds of ‘Home Owners Loan corporation inex Baird said this practice has been followed for several weeks. Though the bonds have not been issued yet, agreements are being made immediately to accept them in order to relieve pressure excrted by mort- gages on home-owner debtors. In like manner the receivers of closed national banks have been auth- orized by J. F. T. O'Connor, federal comptroller, to submit to his office for consideration all cases in which they believe it would be to the advantage of their trusts to exchange mortgages for the emergency bonds. “We expect, however, in each case of proposed exchange,” O’Connor wrote to William F, Stevenson, chair man of the federal home loan bank board, “to have @ contract with the mortgagor-debtor permitting the! ‘bonds by the receiver to be utilized in acquiring the mortgage held by the Home Owners Loan Corporation at to be to the advantage of the trust, | and we assume that our policy in this respect will meet with your. approval in view of the provisions of the Home | Owners Loan Act permitting such bonds to be used in payment of the outstanding mortgages.” Law requires that such exchanges | be approved by court order and that! prior to the filing of the court pro- | ceedings the sented of the comp- troller likewise be given to the ex- change. O'Connor's stand represents a change from his original position re- garding the home owners bonds. Among reasons for the change in attitude, O'Connor wrote to Steven- son, “is that our attention has been directed to numerous instances where the mortgage-debtor has reduced his mortgage substantially and therefore has a worthwhile equity in the prop- erty, but is unable for the time being to continue to carry the property by reason of lack of employment or re- duced earnings or otherwise, so that unless some relief is afforded, the mortgagor-debtors of this class will be lable to lose their equities in the properties.” Services Saturday For Dodge Resident | oace ee ate: leaves her husband; three Mandan, N. D., Oct. 6—(?)—Mrs. |prothers, Phillip and Jacob Landels, Bertha Zentner, 65, of Dodge, died in: Mandan, and Louis Landeis, Fort areal Bismarck, short- | Yates; six daughters, Mrs. Pete Vogh, Wednesday. She Dodge; Mrs. Peter Marquart, Dodge; nad soe in She | hospital since Sun-) Mrs. Frank Glerck, Dodge; Mrs. John day. Klein; Center; Mrs. Oden Schlosser, Mrs, Zentner, wife of Frank Zent-!and Mrs, Adam Miller, Mandan; and ner, came to the United States with two sons, Lawrence and John of her husband in 1900. They settled Dodge. near Richardton and in 1913 moved to| Funeral services will be held at 9 ‘Mandan. ‘They lived here six years a. m,, Saturday from St. Joseph’s the jand then lived in Ryder, Lakota, jCatholic church here. Interment will Roseglen and numerous other North|be mate in Lot Mandan cemtery with | west lightweight championship, claim-|six rounds, coming from behind in the |phone company Had been going bea members of the Gernian Verein of St.j/ed by Stanton. ea fe ant eee belo! A epax Joseph’s Catholic church acting 88| stanton aled 1 r Falls, pallbearers. was nae to ae ie "dan sick 8. D., swarmed all over Billy Russell, a ta came in at 137%. Stanton won five|technical knockout in the first round. Rippatoe of Fargo {cc the six rounds, with one even, Beaten n by Stanton act, ihe semt-windup, Caddy Cusey,| Says State Boards 1 welterweight, had to rall ray . the fol round fo get'e draw ith Giving Co Cooperation Fargo, N. D., Oct. 6—(#)—Johnny| a) Pahl of Sioux City. ‘Stanton, Minneapolis lightweight, de-| Lee Savoldi, St. Paul light-heavy- feated Kid Rippatoe, Fargo negro, in| Welght, stopped Tiger the feature six-round bout of a box- round bout. said Thursday night inter-state co- ing program here Thursday night.| Harry Larson, staples, Fr ght! opatation rd ieouiadag at a ‘The bout was billed as for the north-| weight, beat Dyer of Cy Bielfeldt of | Matson, Min: He made this comment after Froya | |Bollen of the Nebraska railway com- ission suggested commissi | Minnesota, Iowa, the Dakotas and Ne- braska join in a regional regulation policy. Matson said these five states had been —— \Noted ¢ Convict Dies In Canadian Prison Winnipeg, Manitoba, Oct. 6—()— Moorhead middleweight, to score a St. Paul, Oct. 6— 6.—(®)—Frank W.| inesota railroad and head in the fifth round of @ six-|warehousé commission chairman, | . Paul, in! service of the Northwestern Bell Tele- | of the board and bursar of the Uni- ions of diocese of Rupert's land versity of Manitoba, John A. Machray, former chairman | forced to launch # national to restock their depleted treasury. This Famous Sale Gives You More For Your Mon 81 x 99 Sheets 1 19 0 brand. Bleached white, hand ing. Lifebuoy Soap ‘Stock-Ue Dering Ward Week for 5 te 29c Gere it is, the soap that is fam- ees for its beneficial effects on all ckine—no matter bow sen- sitive they may be! Nationally known as the soap that ends alll offensive body odors. Here it is specially priced for ‘Ward Week Only! Triple Studio Couch COUCH, DOUBLE BED, 2 TWIN BEDS ALL IN ONE! $3 down, $5 monthly, 329 plus carrying charge Prices are going UP! We cannot repeat this Ward Week value. A gay, plaid- covered Couch by day. At night, a double bed or 2 twin beds. The box spring base and inner spring mattress make it un- usually comfortable. Complete with 3 box-edge pillows! Blankets Ward Weak Sportal $2.59 ooe Real value! S% wool, 72:84 blank. ot, (l 4 pounds. Block plaide, Flannel ‘Ward Week Volvo! 10c# Tubfast dresses, Fancy striped cot- with or without ton flannel. 36 ‘bloomers. 3 to 6. faches wide. For ‘Word Week only! Word Wask Specie! 25c ~ Tailored rayon bloomers or short- ies, also lace trim- med panties. werk Sex 2. 25c Combed cotton with reinforced heels and toes. ey! Ser to his care and the Uni- When he pleaded guilty to theft of $500,000 from the university and $60,- [000 from a former law partner, Mach- ray was sentenced to seven years im- prisonment. Church officials were 1 | Weather Report | wecaimamslaeida FORECAST For Bismarck and vicinity: Fair tonight and Saturday; rising temper- | — — Be kota! rar or tonight and Saturday; light frost ti, rising Toenperature Saturday. For South Da- kota: Fair tonight and Saturday; Jocal light frost tonight, slightly warmer gatirday. For Montana: Generally fair tor Men?! Save on Dress Shirts A Ward Week Velve! Percolator Regeler $1.29 Velve! Werd Week Soviegs! Women’s Fall SHOES $1.69 if exnenon will be higher after Ward Week. A full size tsiltees heater with Ward's regular cast-iron heating . nine ane gn FAIR unit, famous for strength and efficiency. Cased in a beauti- nigh a and nd east portion Saturday, and 7 ful grained walnut finish cabinet in enamel. Heats satiraay, slightly colder tonight, ex- : b more space then ordinary type heaters because it draws tht to local- jeg it ¢ roqneny iy eae 8 ne earner Bat- then circulates through urday. New in design. Black enamel decorations. Makes coffee to your teste. Ward Week only! These shirts are worth twice this price! Color fast. New whites, plains and fancies! GENERAL CONDITIONS (30.20) extends sre Suatatchewan southward to Col- Steck Up? Save HALF! You can’t match this caine! TUMBLERS 5° Think of getamg colonial peneled glass tumblers at such a price! Medium weight. Clear crystal sles. Better ley in a yedr's eupply at this price. Weighs Only 11 Pounds Midget Radio Made to Sell for $25! § 1 6.95 $3 down, $4 monthly, plus small carrying Uremed by RCA. charge. $16.95 cash Midget in size (lees then helf 2 cabic ft.) but gigantic in power. Gets dis tance, police calls tee. Surprisingly true and rich in tone. Price goes ap cher Werd Week! With mohair prices as high as they are, we cannot repeat this Ward Week value. Both pieces have comfortable high backs and roll arms. And the cushions, backs, and seats are spring- filled. . Carved feet. 3 Pieces | | | tt. Sata change, gir ti ae arometer ter, inches: 28.44. in Teduced to sen level, 9012. ATION REPORT PRECIPIT. d Sees For Ward Week Only? Special Trade-In Allowance on Tires EXTRA MONEY in trade-in for your old tires (any make) as part payment. for “2... Wards Riverside Tires Cheice of Riverside Mate, De Luxe, Power Grip or Air Cashion Tiree aN, City, clear ston, clear . Jamestown, clear” OUT OF STATE Toilet Paper 1000 sheets on a roll. White, soft, sanitary. 6 for, only . ‘Save — During WARD WEEK Hot Water Bottle Electric Washer With Famous 488 Action 4388 $4 down, % = month, plus : small carrying charge Think of it-—Ward Week price avec you $6.15. And 30 minutes after you start this washer 2 whole week’s wash for a family of 4 is done! (Wards gentle washboard ac- tion gets clothes far whiter. It s clothes last long- er, too. Bay now and save. Also with famous Briggs & Stration 4, Cycle Gas Engine for homes without electricity. The Want Tonk ten taiie all socien the cost you the lowest in town! You actually get MORE VALUE out of your old tires by treding them in now than by driving them all Winter. And you're rid of the risk! Equipped with new Wards Riversides you will ride on tires fine and safe as any in America. Latex welded now prevent ply-separation—the cause of your old tires (any make) to Wards for the biggest trade-in—the lowest cost—thestrong- , est guarantee ever written. See how you SAVE! ri : a aa _ Ovaltine MONTGOMERY WARE a emanate 19c ‘We Guarantee Riveratdes to ise BeseeeseeeeskeseeeEsessseeeesssesesst _ $00 FOURTH STREET PHONE 475 BISMARCK, N, DAK.. 300: FOURTH STREET PHONEA75 _ BISMARCK, N. DAK.