Grand Rapids Herald-Review Newspaper, September 17, 1913, Page 2

Vor. XXIV. No. 10 | retained to represent the intarastelt erald-Heview. Granp Rapips, Irasca County, MINN., WEDNESDAY SEPTEMBER 17, 1913 Minn Historical Suciety PAU iT —_— -—_ Two Dollars a Year f jof the village, made a statement i] |to the members of the council in | AFFIISES INTEREST °: with any proposition ealculat- llage warrants of one cent to which Two Per Cent Interest Allowed First State Bank on Orders is Held Out. WILL BOND TO PAY THE BALANCE: $1,335.32 Alleged to Have Been IL} legally Paid Will be Settled in | Court— Matter Discussed at Council Meeting. The financial embroglio between the First State bank and the vil- lage of Grand Rapids ed more than ordinary attention to municipal affa because of the peculiar nature of the contro- versy. The matter came up for consideration before the council at its special meeting Saturday even- ing and developed some spirited statements by Attorney c. G. McCarthy on behalf of the council | and President A. C. Bossard of | the First State bank. Following | Ss, the default judgment entered against the municipality for the sum of $12,794.45 prineipal, and interest amounting to $2,813.31, it became the duty of the council to make a levy on the taxable prop-, erty of the village to take care of | the debt, and in this way the dis- | cussion arose. Mr. Bossard took occasion to @ s resentment at the statements and insinuations that had been circulated concern- | ing himself and the institution wit | which he is connectéd. He was president of the village council in} 4909, when the orders in question | were issued, and which the First State bank, of which he was also president, cashed for the holders , thereof. The order for which judg- ment has been given were issued in payment of the Third street pavem At that time the vile lage he 10 funds on hand to pay for the work proposed to be done, and an arrangement was entered into between the council and the First Stat bank whereby the bank would take orders issued for | improvement purpos and for} which accommodation the village would allow the bank 2 per cent interest in addition to the 6 per eent allowed by law. This under-; standing involved the taking up of the rs by the village within sixty days from the time of issue. Had the village made good accord- i to agreement the bank would ha netted interest on the trans- acticn at the rate of 18 per cent fannum. It was proposed to. sell the bonds of the village to refund the One concern made an offer of about 90 cents on the dollar for the bonds. President Bossard objected to making so large a sacrifice on behalf of the taxpayers and advised delay in the matter hoping to make more ad- vantageous arrangements The fact that he was presiding officer of the village and at the same time president of the bank to which was paid a discount of 2 per cent had been referred to, he said, as evidence that he had one hand in the village exchequer drag € order ging out interest money and with} the other depositing it in his bank. “At that time,” said Mr. Bossard, “I owned ten per cent of, the capi- tal stock of the First State bank. The bank is capitalized. at $10,000. Compare the interest that |ers more than is justly due. When | stated then he did not believe there ithe payment he interest as agreed upon, }gation, however, he had found a | has attract- | count,’ that cannot be traced to any. jother soure |cept in payment of an {two per cent on orders issued in |been paid in that year. “This; lorder was made payable to the First State bank.” Another jthe balance. | fault, later on.} which he disclaimed any sympa- ed ¢o deprive the holders of vil- | they might be justly entitled. But neither was he in sympathy with any individual or concern that at- tempts to exact from the taxpay- a committee representing the vil- lage council called on him some time ago to retain his services he was any defense to offer against of the warrants and and he did not believe there should be. He regarded it as an honest debt and should be paid. Upon investi- condition that was not anticipated. He found 4 per cent had been paid on some of the orders instead of 2 per cent. “At any rate,” said Mr. McCarthy, “we find a village order issued un date of December 43, } 1910, for $561.67, marked ‘for dis- for its existence ex- additional 1909 and on which 2 per cent had matter to which Senator McCarthy called attention was a discrepency of $1,000 in the interest charge as computed by the bank and prey sented as part of the judgment se- cured by the bank against the vil-j| lage. The principal in the judg- ment was $12,794.15, and the inter- est charge submitted by the bank through its attorneys was $3,983.29. These figures looked large to Mr. McCarthy and he referred the or- ders to County Treasurer Mc- Mahon to figure up the interést. Mr. McMahon found an excess charge cf |more than a thousand dollars in the interest account. Investiga- jtion developed the fact that one village orcer for $1,000, with i=) terest. ¥ i cluded as an interest charge. 3s @-cer was issued to ‘he Grard Rapids .smprovement | company. payable June 4, 19143. It |was held ly the bank and was not included in the list of orders sued. In this way it might have been ineluded in the judgment and yet remained outstanding. Cashier Bolter explained to a representativa i of the Herald-Review, that this mistake was made by deducting the principal, $12,794.15 from the! total amount claimed by the bank, | which included the thousand dol- lar order in question, which left $3,983.29, of interest. In the taking of judgment by de- | four orders were witheld ym the principal amounting to $1,624.32, to offset the discounts, | allowed, which is claimed to be} contrary to law. The face of the | interest orders paid total $4,335.- | 32. The bank has made answer to! |the claim of the village, alleging | ‘this amount was paid for services. | } It said the village council will ; {take up the matter of issuing the j j bonds to take care of the judgment, ; and thus make the payments = in one, two and three years. This'| | would relieve the heavy burden on| the taxpayers that one year’s levy would inflict. It is said assurances have been given the council that the bonds will be taken by local capital if the issue is made. RAILROAD WILL | HELP BIG FORK Forty-Two Mile Stretch to Craig) All Done Except Five Miles. | Pete Peterson, ex-mayor of Big} ‘MILLIONAIRE LEADS | made. bank stock and the amount of|certly as a member of the Itasca | additional taxes I would have to|¢ounty Grand jury, told the Herald pay on my holdings in the Itasca| Review that Big Fork people are Paper company and other interests| to have some better railroad ac- as a result. of the |Comodations, soon, as the connec- in ihe village isoproven made at that time | tions will soon be completed from and bv wl this debt was cre- that place to Big Falls. ateil, and I will submit to any fair-| The International Lumber Com- iuinded man if such a charge |Pany has constructed a road from could have any foundation in fact.|Big Falls to Craig, completing the In any event,” he continued, “if |Work some time gao. the First State bank has taken a} The Rainy River Lumber Com~- dollar from the village, or is ask- | Pany has more recently been baat ing for a dollar, to which it is not! work on a piece of railroad from justly entitled, we are willing to|Big Fork to Craig, a distance of \ pay it back, or withdraw the|42 miles and all of fat is com- claim, as the case may be.” _—At-|Pleted except a strip of about five torney McCarthy, who had: been | miles wear Craig. ,millionare’s big hearted, LAST LAND SALE INTEREST GROWS LARGEST HELD) = IN COUNTY FAIR 1,621 Acres Disposed Of At The Farmers Reporting Many Products Regular Monthly Offering Which Will be Shown at the By The State Auditor. Coming Exhibition. BETTER ROADS HAVE BEEN HELP AMUSEMENT PROGRAM ARRANGED Prospect Bright For Much Larger| Hibbing and Grand Rapids Base Number Of Sales In The Ball Teams to Play Last Day Future To Investors —Football Game Friday And Settlers. September 26. At the September sale of state JB ttason soorilitysieoplc willbe aud schoo! lands the largest ey glad to learn that much progress pero Bie ee and a i ‘is being made with the arrange~ Bosnscok Avene ae one *| ments for the Fair to be held here suminer: ang fall monty eee | Thursday, Friday and Saturday, of eS ite ape ei secur 1a week. Lene nores. Une i! The weather “has so far been fa- r-idents of Itasca county. ivorable for the gathering of farm The weather is so fine now that ‘products and the picking of seed it is not a difficult.matter for corn. The fact that no frost ef any one desiring to look at land consequence has as yet appeared to do so. Then the ground is dry-/ will go a long way toward a suc- ing up and the roads are easily cessful exhibit. ee : passable for almost any kind of a, Dr. Mary Luther, specialist in vehicle. Then the fact that the charge of the Baby Health Contest great number of new roads con-‘at the Minnesota State Fair, 1913, contracted or under consideration ' will be at the rest pavillion on the will open up the back woods is’ Fair Grounds on Friday and Satur- clearly seen by those who want‘ day, Sept. 26 and 27, to meet the land and so the large area sold | mothers of Itasca County and to is the result. It is thought by consult with them as to the bes those who are acquainted that if fway to feed, clothe, and treat the road building keeps up the young children. Each child will Le land will be sold rapidly from this' weighed, measured, and examined time on. ‘separately and privately and each Charles O. and Mathilde Peterson-mother privately conferred with of Lake Elmo purchased the largest! as to the needs and requirements. holding, 651 acres. The other pur- Dr, Luther is an authority on chasers were: Nels Lind of heron, children’s diseases; and no mo-1. Iowa; Alexander Edner and Aaolph ther should miss this opportunity. Edner, Elmer Edner, Alice kaner, Bo get the advise of one of the} all of Marble; Andrew Bagley of best women physicians in the Liepold, Frank Dreary of Nash- Northwest, on the treatment, not wauk, Warna Lerea of Bovey, Emil only of children in general but of Nurmi of Bovey, Warren roppe cf her own child in particular. Marble, Michael A. Keating of Rosy, No charge is made for this ser- Keaton Willes of Deer River, and, vice. Each score card filled out | | by Dr. Luther constitutes an entry ‘in the aby Health Contest of the County Fair, in which prizes are follows: Margaret Livingstone of Duluth. offered as THE SIMPLE LIFE Express Company Head Says Rich People Do Not Enjoy Life The committee in charge of the Owns Much Land Here. ‘sports for the coming county fair L. W. Fargo, multi-millionaire, have lined up a number of con- chelor and president of the tests and games for the last two American Express Company wasa days andhave this week mac business visitor in Grand Rapids, their report. | on Friday and Saturday. Mr. Far- On Friday there will bea foot go is not connected with the Inter-{ba!l game between the Grand Ra- State Iron organization but he pids high school and the high owns a lot of land around Grand school alumni. The purse to be Rapids and has just completed gq $25.00. Then some jumping will lease of it to the mining company. |take place. The first is a broad It was in connectiion with the / jump, free for all, prize $2.00 and lease that his recent] visit was’'$1.00. High jump; free for all, j . !first prize $2.00 and second prize, Mr. Fargo is worth about $200,- ' $1.00. Running broad jump, free for, 000,000, but his manner of living is all, first prize $2.00, second prize, decidedly simple and he can gener-, $1.00. ally be depended upon to make; Two running races for boys un- some remarks about the unpleas- der 15 years have been scheduled. ant ways of the rich people. One, The first is to be a 100 yard dash, of his observations is “Deliver prizes of $1.50, $1.00 and .50 to me from the Rich.” He claims ‘be given. The next is to be a 50 that the wealthyy people get. very| yard dash with prizes of $1.50, 1.00 little out of life and of course his| and .50. own course is not similar to those! Then there will be a bicycle of his class; free for all, one half mile; first, ‘months, $5. Girl over 18 months 30 months, $5.00. and under race, one half mile between Grand | i Rapids and Coleraine. a | , The program of sports is surely | ‘ good enough to attract the atten- tion of any one who may be desir- ous of practicing. The foot ball game one afternoon and a_ base | ball game the other, gives a lively tint to the occasion. The desire to hold a successful fair in this county seems to be taking a real hold. This ean be seen by the general interest dur- ing the past week. So many farm- ers have remarked that they have something to bring to the exhibi- tion that it seems that there must be a great display. The management has had printed| a large sized poster, and these are being distributed in every part of the county. The provisions for entertainment were never looked after in as thorough going a ‘style as this -year. Those having *articles which will classify under the premiums offered, and for that matter spe- cial articles unlisted, are again. reminded that to make the dtasca county fair a notable success these articles or products should be shown. Let’s all pull together and make the fair an event long to be. re- membered. Again, pull together, don't hang back. This is your in- terest as much as it is that of those who are managing the fair. ce get in with your exhibits of corn, potatoes, rye, barley, wa- ter melons, corn, hogs, sheep, cat- tle, poultry, jellies and canned berries, knitting, darning, sewing, school work and anything that will show the other fellow that yow can deliver the goods. It's all for Itasca county and her future greatness. JURY AWARDED $5,000 DAMAGES Court is Now Considering Damage Rainey River Railroad. ‘The Grand jury adjourned after the publication of the last weeks issue and reported two indictments.' ~hursday, One against Gust Karhonen of Sago for assault. The second one; against Julius Blakis, for assault on Charles Johnson. The three suits against the First | State bank previously mentioned were settled out of court. In the case of Walker «against Gross for the recovery of land title a settlement was reached by Walk- er giving Gross a lease on the land. | The case of the Gibson Lumber Co., against Frank Seaman was also settled out of court. . F. Price was awarded damages agains| W. E. Myers for the sum of § uary first, 1913. The sentence of Samuel. Patelle has been reduced by Judge Stan- ton from 60 days to 10 days in the county jail. A large part of the time of the court was taken up this week in the trial of the suit brought _ by | Houston L. D. Leslie against J. T. Jones of Deer River. In the suit Leslie claimed that during his ill- ness he engaged Jones as an at- tendant and that his wife and Jones became too intimate. Les- lie and his wife have each filed divorce suits and in the suit of Mrs. Leslie she charges her spouse with having been too inti- mate with other women. The jury gave Leslie a heart balm of $5,000, and the divorce cases and the counter claim will be considered at a later session of the court. At- torney Stark, representing , Jones will ask for a new frial... The court has had before, it dur- You can be sure he is no spend-: prize, $5.00 and second prize $3.00. thrift, neither does he live toa; A hay fight is to closg the sports high. The morning that he arrived! on Friday with a prize of $5.00 to at the Rapids he went into On Saturday September 27, there cup of coffee for breakfast; His will be a base ball game between intentions seemed to be to let | Grand Rapids and Hibbing, , purse it go at that but the waitress | $50.00; 100 yard running race free thought he looked too prosperous, for all, first prize, $3.00; second to pass with such a meager ex~| prize, $2.00; third prize $4.00; 50 pendiutre and so tried to persuade|yard dash free for all, first $3.00; him to be a real spender. Re+| second $2.00; third $1.00. sponding to this solicitation this open-| first, $10.00; second, $5.00; handed, generosity asserted _ itself | $3.00. and he made a purchase of a nick-| 440 yard dash free for all—first, el’s worth of sinkers. That is; $5.00; second, $3.00; third, $2.00. what most of us would call the} 220 yard dash—first,$5.00; secon simple life and our readers will, 3:00; third, $2.00. thank Mr. Fargo heartily for hav-| Fat Man’s race for men weigh- third ing so obligingly called attention|ing over 200 pounds, twa prizes,jmen still owning. both companies. | $2.00. to this economical manner of ex-| $3.00 and istence. : The final event will be a relay {AITLC AITIQNALILA! ing the last two days the.suit of J. C. Sullivan of Stillwater against the Minnesota & Rainy River rail- ; . the!the winner. road company. He claims damages I would derive from my paltry) Fork, who was in Grand Rapids re=| Rijlodeau restaurant and ordered a! | si ip on 2.58, and interest from Jan- } WERE REJECTED | | Discount of $18,000 To $21.000 Asked By Bidders On | $300,000 Issue “DAY LABOR FOR THE STATE ROAD | Chairman Of Board And Engineer | Will Attend Good Roads Convention To Be Held At Detroit At the meeting of the County commissioners on Thursday all of the bids for the $300,000 bonds re- cently voted by the county were rejected and a new advertisement for bids will be published in the near future. There were but three bids and these asked for discounts from the face of the bonds, rang> ‘ing from $18,000 to $21,000. It has been figured out that the discount of $1800 from the face value would make the bonds exactly 5 per cent bonds which will be the same as 4 4-2 per cent bonds at par value. The three bidders were George Elder of Duluth,the Woods, Wells, Dickey Co., and Leonard Cash, the latter making an oral bid while the board was in session. This failure to disposq of the ‘pondg seems to tie up the road work for some little time and as no one can definitely state what the outcome of the future bidding on the bonds will be it is ‘too soon to say when the improve- ments, contemplated by the-volers when the bonds were voted, will be commenced. One road contract was awarded that known as Contract No. 128, a two and a half mile Stretch at Bovey. This was let to , Henry Volke for the sum of j $2425. To avoid much of the difficul ties experienced in handling con- aract work the board has decided to have the work on the State road between Cohasseti and Deer River done by day labor. The contract for the building of the bridges on State rural high- |‘way No. 4, was awarded to the | Hennepin Bridge Co. There were six bidders for these bridges. The Hennepin Bridge Co.; The North Star Bridge Co.; The Twin City Bridge Co.; The Massillion | Bridge Co.; The Western Bridge Construction Co., and C. G. Sedg- | wick. The Western Bridge Con- | struction Co., made a lump sum bid on the six bridges of $27,000 while ‘the successful bid totals for the | six $25,230: The $25,230 allowed to the Hen- nepin Bridge Co., for the building of the six bridges is distributed as follows: Bridge No. 829, $1440; Bridge No. 830, $797; Bridge No. 831, $5685; Bridge No. 832, $3474; Bridge No. 833, $3520. The State Lift bridge will be constructed according to the contract for the sum of $40,300. The chairman of the board, C. M. King and the Road Engineer, 0. J. Lidberg, were selected as a committee from the commissioners to attend fhe meeting of the Good Roads convention to be held at Detroit, Michigan, from. Sept- ember 29, to October 4. Will Get New Judgé Huson made arrangements One half mile dash free for all—'Company is suing the railroad for ‘HHLIIDIL IP ATOC CYDNHCIIDE in the sum of $5,000 for alleged | while in Minneapolis a few days over charges for freight. He claims} ago to get a new wooden leg. Not that his company known as the | many people have had experience Three J. Logging Company of Still-| in this line, but those who have water was charged for freight more} can verify the testimony of Mr. than was charged the Itasca Lum-| Huson to the effect that it is a ber Company. ‘ serious trial to go through. It is The Minnesota Cedar & Logging | something on the order of get- ting a new set of teeth when the original measurements failed to produce a fit. The joints and ex- tremeties of the limb must be cut It has developed that the Itasca} down so that it will exactly fit eanng —— owned the sue the person desiring to use it. road for a g) many years an¢ Mr. Huson had had the testa later had it incorporated, the same | and ordered ia to be $ to him as. as it is a similar claim and it is rumored that others are awaiting the out- come of these. ‘They afterwards took over the aos 5 rs =