Grand Rapids Herald-Review Newspaper, January 25, 1911, Page 1

Grand Uapids Herald-Neview. Minn Historical See, ciple MINNESOTA HISTORICAL SOGIETY. annem on, XXI —No, 31 GRAND RapiDs, Itasca County, MINN., Wepnespay, JANUARY 25, tgII Two Dollars a Year HOME BUILDERS ARE PROSPEROUS Semi-Annual Report Shows That a Total of $21,560 Has Been Placed in Mortgages. HAVE ISSUED 105 SHARES OF STOCK Making Total of 443 Since Associ- ation Was Organized Seven Years Ago— Value of Each Share Is $200.00. That the Grand Rapids Building & Loan associat.on has done a_ pros- perous sx months’ business is evi- denced by the semi-annual report, of which a Heraid-Review representative secured a copy. The report shows that a total of $21,560 is now invest- ed im mortgages and the association still has cash on hand to the amount of 91,484.65. The association was or- ganzed seven years ago for the pur- pose of promoting and assisting in the development of Grand Rapids and vic.nity and that it has been a decid- ed success can readily be seen from the fact that 141 shares of stock were issued during the fiscal year. The Grand Rap.ds Building & Loan association is unlike a majority of the assoc.ations with which so many people have had dealings—and have been stung. It was not formed to provide fat salaries for its officers. ‘'o uhe contrary, the only officer who receives a saary us the secretary and he receives only $20 per month. Each share of stock has a par value of $200 and the rate of payment is $1 per share, monthly. The siock is issued im semiannual series and ma- ures in from eight to nine years. The shares are usually sold in blocks of five or more and the proceeds in- vested in first-class mortgages bear- fog ten per cent interest. The re fvauss 1S, at the end of eight or nine yeurs the possesscr of five shares receives $1,000 for an actual out-lay of about’ $550, and the amount paid ‘ip at ith?) rate of $5 per month, is 60 email that he dces not miss it, and the $1,000 is just like “receiving money from home.” The following is a statement of the cond.jt.on of the assoc.ation, accord- ing to the report of Secretary Fred A. King, which has been found cor- rect by the auditing committee, con- sisting of P. A. Smith, H. D. Powers and H. E. Graffam. Resources. %...$ 1,484.65 21,560.00 245,00 443.00 48.40, 382.64 Cash on hand Mortga: es Stock i Unpaid du ie Unpa.d f nes : Unpaid interest .. : Unpad transfer fee .. Over pad ps Imsurance ... eee Mortgage foreclosure Liabilities. Stock serial No. 1 13 801.71 942.09 317.87 703.86 429.32 REN ES CON Mm wt Feb fk ba pad fd Undivided profits $24,227.69 This is an exceptionally fine show- ing for an organ/zation that has only been in existence a little over seven. yeans and the fact that the fourteen series consists of 105 shares of stock is certa‘nly proof enough that the citizens of Gramd Rapids realize its worth. Th's ‘s also the largest num- ber of shares that have been issued snce the organ zation was formed. when the first series consisted of 130 shares. Follow'ng is the receipts and d's- bursements during the s'x months past: Receipts. Cash on hamd .... .. ..$ 523.69 Interest A eater 2 903.17 ee. cae amr 13.00 Membership fees . et 3.50 Withdrawal fees ates 4.50 Transfer fees .. .. -- -- s+. 1,25 Loans paid .. - ‘ 422.00 $4,507.11 Disbursement: 4 ete Tpene ..0 20 oe oe oe oe 2,000. Withdrawals .. .- -- -- + 828.81 Operat'ng expenses .. 136.65 Mortgage foreclosur 49.50 <Imsuramce we) eee reve 7.50 Cash on hand .. .. 1,484.65 $4,507.11 What other building and loan as- sociation im the state cap equal this record? The entire operating expense | was only $136.65 or an average of 2278 ver month and this included the silary of the secretary, $20 per month. : To the young man, not necessarily covtenplating matrimony, who wishes to f'nd a sife place for h’s savings, this association offers an excellent opportunity. If, later on, he should get the matrimon‘al bee buzing in this} bonnet, he can easily obtain a foan from the association, and thus ne has the means to purchase or build a neat residence. Nothing bet- ter could describe the purpose of this association than the word, home- builders. It was formed to aid those with small means and many Grand Rapids men owe the fact of owning their own dwelling to this fact. | No loans are made for which good | and ample security is not given and | the association is run on conserva tiv and sound business methods, which eliminates the possibility loss and thus increases the profits ‘of the stock holders. The next series of stock wil be closed on April 10 amc those who wish to purchase shares should talk the matter over with the president, C. H. Dickinson, or Secre- tary Fred A. King. JIM GOGGLE EYE FOUND NOT GUILTY So Declared By Jury ‘on Charge of Killing John Caldwell on Shores of Sand Lake TRIAL OF BOWSTRING IS NOW ON Charged With Same Crime Joe Bowstring, as Witness for Gog- gle Eye Stated He Stabbed | Caldwell With Knife. The trial of James Goggle Eye, the Indian accused cf the murder of John Caldwell, came to an end /Mon- day noon avd the jury brought fim a verdict of not guilty, as insiructed by the judge, it beng proven the de fendant is no tthe guilty party. Frank Caldwell father of the murd- ered man, was the f.rst witness cal! ed to tie stand by the state and his ‘testimony was to the effect that Bowstring Joe and his wife, Susan Bowstring, were. at the Caldwell home on the afternoon of the day of the murder, October 17. W. B. Caid- well testified that he, in company with Chas Sands were running Imes on a piece of land the following morn- mg and came upon the body of h's brother, John Caldwell, lying near the lake shore with scratches cn the face and a knife wound through the heart. This testimony was corroborated by Sands. Ferdinand Bruhn testitfied to | seeing two canoes pass through the | narrows, each. containing two people. Joe Goggle Eye, a brother of the @ fendant was then called to the stam He testified that he went to the Boiw. sir-ng home the af erioo. cf <he murd- er and found Bowstring Joe and Sus- fan and John Caldwell at the hanse. About six o'clock the Bowstrings, in yheir canoe, starteed up the lake, and Caldwell offered Joe Goggle Bye $1.50 to take him to the Caldwell land‘ng, which was accepted. They followed shortly after and when they arrived at the landing of W B Caldwell, they caught up with the Bowstrings and exchanged the canoe for a row boat, Susan, getting im the boat with Caldwell, while the two In- ns trailed behind in the oth boat. Welle gong through the n rows between Little Sand lake and) Sand lake, the boat containing the two Indians became stuck on ¢ | and they yelled for i well and Susan turned be sist them and in the meant Goggle Eye, the defendamr, also heard their cries and came up the lake to assist. They got the boat off, how- ever, before ass'stance arrived, Joe; Goggle Eye getting his feet im the deal. He persuaded his brother j James to continue up the lake, wihile | he returned home. He also stated that the following morning his broth- er, the defendant, told him Bowstring Joe had killed Caldwells Susan Bowstring was the first wit- ness on the stand for the defense and she testified the same as Joe Goggie Eye up to the time he left the party. Continuing she said they went up the lake a short distance «nd then danded when the men all took a drink. They then started out again, the boat she was in still be- img in the lead. Shortly after Cald- well ran the boat in shore, overpow- ered her and assaulted her. She stated she knew: nothing more until she was led to the boat by her hus- band and taken home. Powstring Joe was then called. His tesitmony was substantially the same las his wife's up to when they Jand- jled to take the drink. He states he i then paddled clowly up the lake. He is hard of hearing and heard no i sounds until James Goggle Eye told j him he heard Susan calling for help. | They ran the boat to shore and fol- lowed the lake shore, the witness in the lead, until they came upon Cald- i well assaulting Susan. When Cald- | well saw them he went a short dis- tance away. Joe assisted his wife to ‘ arise and she commenced telling him the story, when Caldwell told her to keep her mouth shut and advanced toward Joe. The witness then stab- bed him with a knife. As he brought his arm back from the stroke, James Goggle Eye, the poten ar him and whirleg him a distance esveral feet. The defendant then took the TWO GRAND RAPIDS BUILDINGS THAT DO CREDIT TO THE TOWN DM. CASE &BROOMH DAIL Tae MINN The Hughes Block, erécted the past year, is one of the largest mercantile buildings in \the northern part of the state, outside of Duluth, and was completed at a cost of $30,000. The basement and first floor are devoted entirely to the mercantile business of Henry Hughes ¢& Co., while the second floor contains twenty-two fine, large office rooms and a small auditorium. The building is 75x90 feet, brick, two stories high and was planned and designed by Architect D. V. Case, who is gaining a reputation for the excellence of his work all over the range. The wood work throughout the building is Georgia pine, with hard maple floors and is modern in évery particular. It is no small honor for Grand Rapids that the Hughes block is one of the lorgest mercantile buildings in the northern part of the state and it is one to which any citizen can point with pride. The McAlpine block is probably one of the most substantial two story buildings in the| It is 65x87 feet and is planned to carry two additional stories when the The basement is used for storage purposes, while entire northwest. ;|growth of Grand Rapids demands it. DY. CASES BROOMHAL ARCHITECTS _ DULUTH, MINN the first floor is occupied by the Reishus-Remer Co..The Bodega buffet, The McAlpine cafe and Lieberman Bros., men’s furnishers, The second has twelve beautiful, large office rooms, facing on the east and north, and sixteen well arranged bed chambers, which are entirely separate from the office part and are in connection with the cafe on the first fldor. The wood work throughout the building is birch mahogany and the floors are of tile and hard maple. ings in the state. The cost, complete, was $35,000 and it is one of the best constructed build- It was erected by M. McAlpine and the plans and designs were made by Architect D. V. Case, of Duluth, who formerly had offices at Hibbing. stand. His testimony was the sdme as that of Bowstring Joe, with the exception he stated he took the knife foe Joe’s hand and flung it in the jake. This fin‘shed the testimony and the case went to the jury with the re- sult mentioned above. The case of the state’ vs. Bow- string Joe and Susan Bowstring: was taken up Monday afternoon and a special venire of 40 jurors was order- ed. From this venire six jurors were sicured and another venire of 20 was ordered. Up to the time of go- ing to pres only one more juror had been secured. As a witness for the defense in the Goggle Eye case, the defendant stated that he, himself, kill ed Caid'well and the case is attrac- ting no little attention. ‘Piled Up Big Score. The basket bali game between. the girls’ teams of the Ch’sholm amd Grand. Rapids high schools Friday evening was too one sided to be very ed | imterest'ng, the score being 80 to 1 in Grand Rapids’ favor. Grand Rap- *4s made a basket in the first miaute of play, which seemed to take the heart out of the visitors and they made their only score on a foul. Following is the line-up of the.Grand Rapids five: Mariam Cordes and Ruth Beckfelt, forwards; Margaret McAlpine, center; Blanche Gaard and Mary Brandon, guards. The qu! will go to Aitkin Friday to try con, clus‘ons with the giris’ team at that place. A VERY GOOD LINE OF FURNITURE + EI | F. E. Reusswig Now Has His Fur- niture Store Stocked Up and Ready for Business When F. E. Reusswig announced he would open up a furniture store in the Meyer build ng he stated he would carny only a frst class line of fur- niture and undertaker’s supplies and he has certainly made good h's} word. He has a line that would do cred t to a, city many times as large as Grand Rapids and, while the prices ‘are reasonable, none of the articles The lower are cheaply constructed. floor is filled with good substantial avt.cles and the first thug tuat grects the eye is a set of Mis3son style furmture. Mr. Reu_swig his a dupply of rugs that perhaps is not surpassed im th’s section of the state and the line of dressers, beds and stands is as complete as one could wish for. At the rear end of building is the undertaking parlors. Here every article that wll facilitate Vue! fverk is at} hand and all the as- sessories are of the most modern and improved kind. The second floor is filled with cha‘rs,,tables, matresses, and springs and tthe buyers will fnd all the best and most substantial makes. On the ground floor Mr. Reu swghesapertculer nice lire cf china closets and secretaries and OPPORTUNITIES I “TASCA GOUNTY Good Lands Near Town Can Be Purchased At From $8 to $22 Per Acre—Easily Cleared ‘MANY NEW: SETTLERS THIS SPRING 'E. N. Remer Estimates Number at Over500--Says' Next Few Years Will See Great In- flux’ of Settlers. “Yes,” said’ E.N. Remer, of the | Reisous-Ren.er “Co:, in answer to quevt.ol's put by a _ Herald-Review represemlatyea converuiing the prob- avie numbers of sedilers. who will lo- cate .m itasca county the conmung spring. “I think that the number will greauly exceed that. df last year. You Wilk rémember that I. placed the number at 500 aud J think fully that number located pere. And it will be exceeded this, year... You can have no idea of the movement there is toward the settlement of northern M.nnesota—and ‘itasca county w.ll certainly -get? ner @hare of settlers. You see, the soil here is particularly adapted for both truck garden.ng and for the grow.ng, of roots and fodder tor da.ry.ng. Purpeses,..thus offer.ng excepuional ,opportumties to the set- er with smail means. A man can purchase a tract of land, advan- tageously located tear some good vown, tor a small percenitage of the purchase: price down, amd the balance on the long payment:plan. He can thus .avest tue balance of his money in clearing the land and otherwise improving it.” ' “He thus ad(is to the value of the land atid ths ‘acts as an incentive to stock up-his farm and make it pay hin good returns for his years of toi? Itasca offers more opportuniities than any other county in the state aad those who have the necessary amount to make a smail payment down and do not purchase a small tract of land, are pass.ng up a goid- eo Gpportunity that, in a few years, will never present .tseif.aga.n. The pr.ce of land iis-coustamtly going up. It now selis at from $8 to $22 an acre and in a. short time the desirable tracts.will all be taken— im fact they are beimg taken every day. The setilers coming in are per- manent cnes. .‘they intend to make stasca county their home. Every .m- provement made raises values and it wll not be dong before land s sell- mg for double the -pr.ce it can now be bought'at.’?- Mr. Remer stated there never - was |so great a demand for Ita county \land and that during the past three months his’ compamy’ has scld an tracts, ly, Jarge number - of io Jowa farmers. The d-Review then wed E. J. retary of the Reishus-Remer Co., and also secretary ofsthe Htasca county di- ) Vilden of the Nomthenn Minr ta De- | velopment & sociation, on the subject. Said Mr. Ferrell: “There «s no ques- tion but that, there will be a | gaftux of settlers, ..and that county offers more opportun: ti« |than any other county im this sec- | unusu: pr. ; is already known and Development Zs are aiding ims | fact ‘n othér states and in the south- jern part of the state. The develop- ment meetings at Bem‘djii Crookston j}and Brainerd perhaps attracted more attention to this. section tham has any other ome thing. . It attracted: the attention. of people in all parts of the jcountry to the fact that northern | Minnesota is pot all iron mines and leut-over jack*pime fand, but ii ;im poss tes to the scient. | mer, that is, to''the farmer who w | conduct h’s farm along bus ness: limes |ascerta‘n ‘the’ varieties that — will best grow, im this se¢tion and that | will reap the largest returns. 1t has | peen proven beyond a doubt that po- |tatoes will reap .a larger return per acre than any graim f'e'd ‘in the south- term part of the state and the Duluth Co-operative ‘Farmers’ Market asso- |ciation ‘s providimg a ready market for them. As: Mr. Remer has said, Itasca county gives-moré and better | opportunities for the reason that the | cit'es and. villageg.on the range pro- ivide a ready.market, for any and all | products ¢f the farm,..... | “Land can be -purchased. here on almost any 4erms,.-providing the pur- chaser will settle on it. In fact, we we would rather the‘settlér with just }enough monéy to pay for an entire tract, would only ‘pay ‘down a part | of it and usé the ‘balan¢é'to clear the land and stock ‘up thé farm. In this jmanner he would be able to make | greater strides in: developing his ‘tract. This would. of:.course, event- ‘wally benefit -us.-more,,for it would assist in raising the - values of the states he wll scon have se t onal | surrounding: lands. book cases ‘to supply te tredo “he “I know of no other new section or store is neatly and conveniently ar-|county that has so many advantages ranged and Mr. Reusswie should en-|to offer, along with the opportuni- joy a thriving business. C. H. Marr came down from Grand Rapids on Tuesday night on a visit to his brothers here, W. B. and J. N. Marr.— Aitkin Age. ties We have one ofthe best rural school systems; high «school build- ings with évery modern*equipment. at Grand Rapids; ‘Coleraine, Deer River and .Nashwauk; «churches: in every village, and im fact, every advantage that is enjoyed in théolder and more thickly populated’ digtritts.”- } } |