The Nonpartisan Leader Newspaper, October 20, 1919, Page 15

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

and Geo .7 (Continued from page 8) .. he wouldn’t have had to pay any cash in ddvance; it would have been charged against his land and added to his tax bill for the next year. But he didn’t know - thig; it was too late to do him The Bank 4 any good now. --7/0n top of this the banks that held George Schmidt’s mortgages demand- ed payment. - He couldn’t pay princi- G pal or interest. They started fore- d | closure proceedings.— : There was.an attorney: in Bismarck * whohad appeared for Schmidt in" his ‘lawsuits. He went to ‘see him, to find out what could be done.. The law- _yer’s name was Theodore Koffel.” - Schmidt told Lawyer’ Koffel his -case. Koffel looked into it. 3 - Schmidt owed $3,263.25 on his first ‘ mortgage, with interest at 8 per cent, $2,745.26. on second mortgages, with “interest at 10 per cent, $210 on his seed lien and $295 in unpaid taxes. ‘His interest charges alone were mounting up- at the rate of nearly $600 per year. And Schmidt had no $600 to pay, to say nothing of meet- ing the principal. He supported his wife and seven youngsters only by working for wages. It looked pretty -bad for the farm that George hoped ‘to leave to his two boys and five girls. “There is just one chance for you,” .said Lawyer Koffel. “Maybe the +Bank of North Dakota might be able “to help.” g =8 . Schmidt..thought, this was. strange. = . Koffel, 'he knew, had been president " “of the IL.V.'’A. The I. V. A.s around “Beulah had been telling Schmidt-and . his neighbors that the .bank scheme /s am,_~-~Was no good, that it -would bankrupt 8 “’the state, that it was planned by a ] bunch’ of Bolsheviki, like the bunch ) " that -were raising so much trouble over in Russia, Schmidt’s native land. Schmidt had seen all this in the Bis- . marck Tribune. ‘But he went over to “the bank with ‘Koffel. He ‘met the manager of the bank, F. W. Cathro, and told him his trouble. He got Foreclosure proceedings had already been taken— }} there were but a few days more al- N lowed for redemption. : i - LOAN OF $6,500 _ v GRANTED TO SCHMIDT “An-.appraiser-came to the: Schmidt farm. He looked over the land and asked all manner of questions. He reported back to the Bank of North Dakota. George Schmidt had no way of knowing what he had reported, but the report was that the Schmidt farm, which' George Schmidt was about to lose because he could not pay $6,600, was. reasonably. worth $15,977.50. If the foreclosure - had gone through, Schmidt would have been cheated out of $9,000 of value that he had created, during ' his 10 years of labor, over and above all the debts. ~The next that George Schniidt knew il " " ‘application for a loan. $6,500 had. been: granted. ~Because foreclosure-proceedings had been tak- en by the local bank and quick action .was necessary, the Schmidt loan had ‘ beén rushed through ahead of the usual_routine. < The conditions. of the loan were ex- of paying nearly $600-a: yéar in inter- est,. on the first mortgage, second mortgages, seed loan and unpaid taxes, Schmidt would only be expected to pay the state of North Dakota $475 a year, 7 per cent on.the $6,600 loan. But this 'was not all. Instead of owing the same principal after pay- ing this interest, as he would have idt learned that if he continued i y t it would automatically ireduce his debt at the same time, ‘He together his papers and made formal . -about the case was-that the loan of plained. to George .Schmidt.- Instead- all these debts were extinguished and .| ne under the old- conditions, George . rge Schmidt 6f i]w3'e’!ufilah could make any - additional paymént that he pleased, to retire the debt, at. any interest-paying period, but if he made no such payment whatever, but only continued the $475 a year, his debt would be wiped out at the end ..of 30 years. . This is the true story of George Schmidt, taken from the official papers in connection with his loan at the Bank of - North Dakota: Schmidt lives on his farm, seven and oné-half miles from. Beulah, with his wife and family. Sk George Schmidt’s case is only one of hundreds of North Dakota farmers; who are now_getting relief from the Bank of North Dakota, after having been denied it because of local bank- - ers’ control of credit. - 5 MINING FIRM COVETED /7~ LIGNITE VEIN ON FARM i There is one feature of the Schmidt/ case that is not shown by the official records, but it is common talk around Beulah. An honest banker would say: “If Schmidt’s place was worth $15,- 977.50, why wasn’t he able to borrow up to half that amount from the local banks? Why would not the local banks extend his credit?” . Now the facts are that on Schmidt’s farm there is a rich vein of lignite. There is also a big lignite mining.con- cern at Beulah, which is seeking con- stantiy to inovease its holdings, and this mining company is reputed to be interested in the local banks..’ The mining company, the Beulah men say, wanted Schmidt’s land, and it would be cheaper to get it by fore- closing on $6,500 worth of debts than by paying its fair value of nearl $16,000. : But because the Bank of North Da- kota was in existence the coal mining company did not get Schmidt’s land. He holds it himself. - And because he has seen what the state of North Dakota has done for him as a citizen, George Schmidt is as loyal to the state of North Dakota as he is to the United States. And there are thousands like him T North Dakota today. Liberty is to be subserved, what- ever occurs.—WALT WHITMAN. * National injustice is the surest road to national downfall.—GLADSTONE. P o T o N S RO Professional Schools LEARN THE BARBER TRADE—WAGES week up. Positions guaranteed. Few weeks come pletes My our .methods.. Little expense. Catalog free. oler Barber College, 107 A. Nicollet Ave., $25 PER Minneapolis. Established. 1893. FIFTY YOUNG MEN AND WOMEN WANTED learn. telegraphy. Salary, $120-$200 month, Earn expenses while learning. Free Catalog. . United ll;»:lllllwnys Telegraph' School, Bremer® Arcade, -St. LEARN TELEGRAPHY. . PLEASANT WORK. SAL- ary $140. Tuition free to Minnesota soldiers. gg't';a for catalog, Barry’s Institute, Minneapolis, Honey T Te— T AT e Ty HONEY—FINE ‘NEW CLOVER HONEY, GUARAN- Ginls “quths A P Sy nd ot gty ‘quality, -Sample 10, cen ce ‘M. V.- Facey, Pmlot?. Minn, e A HONEY—DELICIOUS WISCONSIN WHITE.CLOVER honey; Green euunw"; famous cheese. Price list free. - E. .C. Rosa, Monroe, Wis. =43 Farm Machinery T T T N 7 oy S A e G FOR- SALE—-NORTHWAY'S FOUR-ROLL, " 24-INCH. -feed grinder; A-1 euexd]flon, complete with %m. 8 }\Ivaunb-rgnln; Marion Equity Elevator Co,, Marion, . LITTER CA;LB!EBS AT WHOM. FO Br'l::\‘s.m amni“ ucn!rcul{;n. write. W, C. Johnson colf Flowers LARGE BOSTON FERNS, $1.50 BACH. DDING flowers, funeral deslgng by mail. Mom-'KEwflnger. 5 _South Seventh St., Minneapoils, : : Stove FOUR-BUBRNER KEROSENE OIL STOVE, GOOD ~o as with cabinet " shelf. ~ Price, $17. A Cosak, Bt Anthony, . D SET . _For Sale or Exchange FOR SALE OR 'TRADE--160" ACRES ] : nd, ~~Will trade: for t or,Aou. -0, H. :Dovre, acre, .|~ Vverly, o This is the place to advertise your stock, for sale and auction sales; to make your wa results come from Leader Classified Ads. Rates are 10 cents per word per -issue. of 8 cents per.word is made. ship receipt when claiming the 8-cent rate. full rate.- Ads must reach us two weeks bef —_— EVERYTHING GOES FOR. $52.50 PER ACRBE. 120 acres in Pine county, n., well improved, 2 cows, 3 heifers, 2 stears, 7 pigs, 2 horses, 1 mule, harness, 4. sheep, 50 chickens, 8 ducks, 3 geese, wagon, “huggy, -plow, . potates digger, hayrack, mower, rake, potato sprayer, cream separator, drag, 2 cul- tivators, dlscf ay, straw, 50 bushels oats, 86 bushels rye; paint for buildings; large fleld, pasture and timber; 1level, good soll; twp miles from town, John (V. Norton Co., J. 455 Shubert Bldg., St. Paul, n., \__ — e Y FOR SALE—508 ACRES OF THE BEST WHEAT land in Rolette county, N. D.; 350 fall plowed and 45 acres sowed to fall rye. Seven-room house and heating plant,. large barn and machine sheds, buildings in good repair.” Plenty of good water, Farm is all fencéd; five miles from good town and church, in consolidated school district; at $50 per For terms write to owner, John C. Schuchard, N. D.,, R. R. 1, No. 52, 820 ACRES, $20.50 PER ACRE. THIS IS FOR immediate sale. ~ Splendid land.. Eastern Cass county, Minn,, on state road, one-half mile from one school and one mile from another, Rural free de- livery and telephone. _Fine neighborhood; close town. ~No trades. _Kieron Land Company, 342 Endicott Bldg., St. Paul. —— . GREAT ' BARGAINS—IMPROVED FARMS AND brush lands for sale in banner clover seed county. Farmers are getting from $250 to $300 per acre for clover seed; potatoes from 150 to 400 bushels per acre; write for lists. Shevlin Clover Seed Co., Shevlin, Clearwater County, Minn, pretaiillon P htoideadidat sl btobod e $100 SECURES 40 ACRES; $200 SECURES 80; $400 secures 160; $500 secures 400 acres, with running water. ‘All excellent grain, clover, stock land. Nb sand, rock, swamp, hills. Good school, roads, marke‘!ls. George Besser, 825 Plymouth Bldg,, Min- neapolis. ST. PAUL SUBURBAN FARM—FORTY ACRES near interurban car, seven-room house, large barn, silo, chicken house, garage, well house; fenced 8,000, The Varland , System, g l and _cross-fenced, $8, St. Paul, Minn. "NICE' LEVEL QUARTER SECTION NEAR GOOD town. All under cultivationy in good condition. Will take threshing machine, small_tractor, auto- wobile or anything ‘I can use, W. T. osley, 1% 7by, N. D. —_— FOR/.. _SALE—=340-ACBE. STOCK --FARM: ~— GOOD buildings, grove, R. F. D., telephone and_first- Priced to_sell by owner. N. W. L. Stock Farm, Kintyré, N. D. —_— e I HAVE CASH BUYERS FOR SALEABLE FARMS, Will deal with owners only. Give description, lo- cation and cash price. James P. White, New Franklin, Mo. WOULD YOU SELL _YOUR FARM IF YOU GOT your price? Sell rect; no commissions; par- ticulars free. K. Hawley, Baldwin, Wis. class wells. .é Yr Brainerd, at $26 per acre. Address Charles Skog- und, - 817 Third Street West, Willmar, nn. SELL YOUR PROPERTY QUICKLY FOR CaASIl, no matter where located; particulars free. eal Estate Salesman Co., Dept. 6, Lincoln, Neb. | : g = o @ =) = g 5 2 =} 5 g E 7] = = 3 n Q A 2 2 =) [~] P o2 B g -4 < (2] = L] = 5] ] =] =] = b a 2} oam. Reasonable Co., Pingree, N. — e BEST LAND—LEAST MONEY—WIED AND IM- roved; sections, halves,. quarters. Woodworth Co., Driscoll, N. D. FOR SAL® OR RENT—QUARTER SECTION WARD f,ounlty,M & bargain, write 313 Hackney Bldg., St. aul, n. WRITE FOR LARGE LIST IMPROVED FARMS, terms. Write Pingree Land wild land. Liberal terms, price. Rivard, Turtle Lake, Wis. Lumber LUMBER! SHINGLES! MILLWORK! GET OUR money-saving prices, including freight to your sta- ton. Send list for estimate, Wells, Box 1010E, Everett, Wash. —_— “WASHINGTON. RED CEDAR POSTS” DELIVER- ed .in car lots. Farmers’_ organizations our line, Wfltfi for prices. 0. A. Underwood, Mgr., Ione, asn, LUMBER AND SHINGLES AT REDUCED PRICES, Farmers’ trade our speclalty. Best quality, Robert Emerson Company, Box 1156-N, Tacoma, Wash. WESTERN RED. CEDAR POLES AND POSTS DE- livered your station, car_lots, subject to approval. A. R. Derr, Clarksfork, Idaho. ; WRITE FOR DELIVERED PRICES ON -CEDAR ‘st’.la.‘ Pay after.unloading..” J. B. Overton, Sagle, daho: —_— FOR SALE—HEDGE AND CATALPA POSTS, CAR- lots, H. W. Porth & Co., Winfleld, Kan. Kodak Finishing LET US DEVELOP YOUR FILMS. ONLY 25 cents for six-exposure roll and six prin Postal size, 40" cents, mailed prépaid. We give' a prize . _.every month to the _one who sends “us the most ‘amateur - finishing, - Moen’s' Art Studio, Box K, Preston, Minn, - - — MR. ED O’CONNOR OF FOUNTAIN, MINN. WAS 1 - _the. Jucky winner of the August kodak contest. ‘Amount sent_in $8.05. C. McFarland of Federal, W. Va,, was the winner of the September . contest. She sent in $13.47 worth of worl Who be. the lucky one for October? . You all have the same chance as these two parties. Moen’ Studio, Preston,: TN S ENT AT = Dogs and Pet Stock Fom 3 B ‘E : E : g S 5 7, SALE—GREYHOU "PUPE, months old, from big, fast parents; price $15; . ;one-year-old dog.. G. 0. Bouman, Courtenay, N. FOR SAII;I’E—ONE NO. 1ldcgog D'?G, SEV%‘I;I' years old; one three-year-old foxhound, Edgar W. :_Quinnell, ‘Spring Grove, Minn., . Route 8. WANTED—FOX OR WOLFHOUND. . MUST BE well trained.~ Thoe. - Kanne, Dent, Minn, Patents Prom atten . Rel! servi ce finfi" Carlgen, 742 Plymouth ~Bldg., Minneapolis,” : - BIX: also D. Agents Wanted - Leader Classified Department ~ “THE FARMER’S MARKET PLACE” , farm machinery, league when advertising to sell their own pro. League members must give the number of their member- All advertising for sale of lands carries the ALL CLASSIFIED ADS MUST BE PAID IN ADVANCE ; BINZGLE-COMB : chickens, eggs, produce nts known and have them 'suppli'ed. Best To members of the National Nonpartisan ducts or supplying their own reeds, a rate ore date of publication, Livestock —_— GUARANTEED REGISTERED DUROCS, FALL AND spring boars, August and September pigs, about 200 in herd headed by Brookwater Demonstrator 16th, Prices reasonable, " Liberty bonds taken, Sales in five states. "Jens Molvig, Buxton, N. D. CHESTER WHITE AND O. 1. C. MARCH AND April “boars, Wykoff Lad and Wildwood Prince strains, Also service a&g Holstein bulls, registered, g{alst blood lines. I, "A. Schwinghamer, Albany, nn ——— FOR SALE—PUREBRED MILKING SHORTHORN bulls, Chester White boar pigs; also Duroc-Jerse; boar pigs, bli type. Will ship pigs, either kind, C. 0. D. Colonial Stock Farm, Esmond, N. D. ————— . imone, . FOR SALE—DUROC-JERSEY BOARS, BIG TYPE and of good quality; siréd by Lake Crystal Invin- cible and out of King the Col. dams. Johnson Farming Co., New Ulm, Minn. PLUM GROVE STOCK AND POULTRY FARM, breeders of Red Polled eattle, Duroc-Jersey swine, Buff Wyandotte -ghickens, stock for sale. V. B. Grant, Prop., Cubdg N. D. HILL CREST POLAND CHINAS—SPRING BOARS, sired by Royal Price, a full brother to the world’s champion .boar, Black Price. Emil Matson, Will- mar, Minn.,, R. 8. ° ——ee e SUMMIT STOCK FARM HEREFORDS FOR SALE. Bulls ranging from eight to twenty months; also & i?wbeows. Papers furnished. T. J. Selby, Fingal, — e e A FOR SALE—PUREBRED ABERDEEN-ANGUS AND Holstein-Friesian cattle; also Hampshire swine, Write me your wants. W. J. Thompson, Page, N. D. —_— . W. 9. 2Tiompson, rage, IN.:D. FOR SALE—REGISTERED SHROPSHIRE RAMS from gocd, heavy, wool-growing stock. Yearlings and growthy lambs, Geo. Benton, Finley, N. D. ——— OWLY (TN, %300, Benton, Finley, N."D.i FOR SALE—HOLSTEIN, SIRE PAUL PARTHE- neau Snow Flake No. 187597; three years old, fine indiyldual. W. J. Thompson, Page, N. D. FOR SALE—REGISTERED _HOLSTEIN-FRIESIAN bulls, ready for service, Liberty bonds taken at-— par. . J. Splonskowski, Braddock, N. D. e e e DUROCS—PATHFINDER SBD AND COL, PROTEC- tion, the fifth breeding, at $40; nmx&r sex. Papers: . furnished. A. J, Johnson; Reeder, ™, T, te e FOR SALE—PUREBRED HEREFORD BULL, FOUR years old, weighs about 1800 .%mnds, price, $200. Willilam Bahr, Glen Ullin, N¢/ D. POLAND -CHINAS FOR SALE—APRIL BOARS from the best big-type breediug; pedigrees furnished. Oscar Brekke, Minneota, Mlng. £ FOR SALE—REGISTERED SHORTHORNS:; FOUR Young cows, two bulls; cheap for cash. Herman Schoeler Sr., Courtenay, N. D. FOR SALE—REGISTERED SHORTHOBN BULL calf; pure Rose-Comb Leghorn cockerels, Jalmer Jacobson, Tagus, N. D. —_— FOR SALE—BIG TYPE DUROC SPRING PIGS of both sexes. _Satisfaction guaranteed. 0. A. Applen, Reeder, N. D. —_— DUROC APRIL BOARS, FARROWED BY KING Col. 9th. Wm. Brewer, Oriska, N. D. REGISTERED. HEREFORD BULLS FOR SALE. Inquire C. D. Jacobs, Voltaire, N. D. — s e e N REGISTERED DUROC JERSEY PIGS FOR SALE, Swen Thoreson, Buxton, N. D. Poultry PUREBRED WHITE HOLLAND TURKEY TOMS, $5 each; hens, $4.50. S.-C. White O; ington cock- erels, April hatched, $2: 8.-C. White Leghorn cock- erels, $1.50; White Pekin ducks, efther sex, $1.50: Pearl and White African guineas, $2.50 a pair, John E. Anderson, Verona, N. D. ————— e TP BEAUTIFUL MAMMOTH BRONZE TURKEYS FOR sale. Extra cholce stock, Goldbank strain; your chofce from a flock of 80; toms, $7; hens, $5. My customers are always pleased. Bertha Dond, Car- rington, N. D. HIGHEST MARKET FOR VEAL, CHICKENS, ducks, = geese, turkeys, Iylgeons, hides and furs. Write for price list. “J. H. Mason & Co., successors to C. J. Ertz, 16 East Third street, St. Paul, Minn, PUREBRED MAMMOTH BRONZE TURKEY TOMS, ¢ hens, $4. Purebred Whito Wyandotte cockerels, ; Toulouse geese, $4, if taken before November 20. Paul E. Roeder, Thompson, N. D. LIGHT BRAMAHS, BLACK SPANISH, BROWN Leghorns, Rouen and Pekin ducks, White Rocks, $1.50 each. Embden and Toulouse geese, $5 each, Joseph- Minkel, Mapleton, Minn. WHITE 'LEGHORN COCKERELS, - S TRk Nt 7 i et B and-New _York-first-prize W Dahlen, Detroit, Ming, - ,f". 4 — e SUNNYSIDE FARM ROSE-COMB WHITE LEG- horn cockerels for sale. Prize-winning stock, heavy- laying strain; prices reasonable. Arnold F. Nienas, Thompson, N, D. CLOSING OUT OF PUREBRED . Wyandotte . -cockerels, pullets and $1 to $2.50 each. Mrs.” Nick Beal, Lemmon, ‘8. D. PUREBRED WHITE WYANDOTTE COCKERELS $2 each; .also a few pullets if taken soon, Mrs, John Halaas, Carrington, N. D. — e ST EXTRA CHOICE DARK-COMB RHODE ISLAND Red cockeréls, Windham-Keuffman Strain, = $2.50. Mrs. J. C. Allen, York, N. D. —_— HIGHEST PRICES PAID FOR CHICKENS, BROIL- PARTRIDGE ear-old hens, ers, voal, horse hides, ‘cow hides, pelts, wool. McKay E P Minn, A roduce “Co,, St. Paul, $4; hens, zs Clarence: R.:F. D. UREBRED : WHITE, “HOLLAND TURKEY 'rgus. $6; hens, $4. Mrs. H. J. Neumann, Leonard, N. D. PUREBRED. COCKERELS, ROSE-COMB REDS, $1.50 for October. Mrs, Frank Riba, Geneseo, N. D. PUREBRED PEKIN DUCKS, DRAKES, $2; HENS, $1.75. Mrs. E. D. Rhyne, Boyd, Minn. - 3 PUREBRED WHITE HOLLAND TOMS, EACH. Henry Seal, Raleigh, N. D, ; » . . Harness, Automobiles and i Accessories : ¥. -WE: TAN HABRNESS LEATHER, X Tabining G Boath Bare, Sion. Biation A A MO DT i A el URKBY. TOMS, 3 Haason, Minot, N.)D., - t Tar | | T ——— 3 i '

Other pages from this issue: