Omaha Daily Bee Newspaper, April 16, 1889, Page 5

s —— ot The Building Season is Fairly Under Way If you have not seen Dundee Place since streets have been graded and houses built, go and look it over, especially if you are contemplating buying or building a home. WE HAVE THE BEST RESIDENCE ADDITION IN OMAHA And its conditions and surroundings make it a most desirable place to live. There are no cheap or poor buildings. Every house must cost at least $2,500. We sell on easy terms and if you desire we will contract to build you a house of your own planning. We can have it built cheaper than you can. Why? Because our contractors buy in large quantities, and can therefore DUNDEE PLACE | | | | | | | make better terms. Do not buy or build without first seeing what we have. Youcan own your own home in five years for a very little more than you would pay for rent. and atthe same time have the advantage of the increase in value, If you are not satisfied af- ter seeing this property you areflunder no obligations to buy. an appointment with us. Price of ground $25 per front foot. or $1,250 per lot. No less than 100 feet frontage sold. 'W. H. CRAIG, President. PRESCRIBING BANK METHODS Text of the Bill to Regulate Mon- etary Institutions. . PROTECTION FOR THE PUBLIC. Bystem By Which the Examination of Each Depository Will Be Easy and of Freguent Occurrence. To Regulate Banks. The néw banking law, requiring all cor- porations, firms, and individuals, transacting banking vusiness to make a report to the state auditor, and providing for a state bank examiner, is one of the most important cn- actments of the late legislature, and a lengthy syuopsis of the measure is printed for the benefit of the public: Section 1 provides that it shall be un - Jawful for any corporation, firm or indi- vidual to transact a banking business by receiving money on deposit, buying and sell- fug exchange and the like, unless such cor- poration, firm or individual shall have prop- erty of cash_valuo as follows: In cities, villages and communities having a popula- tion of less than 1,000 inhabitants, $5,000; in cities and villages having a population of uore than 1,000 and less than 1,600 inhabi- tants, §10,000; in cities and villages having a opulation of less than 2,000 and more than ",rs\m inbabitants, $15,000; in cities having a opulation of less than 3,000 and more than ,000 inhabitants, §20,000; in ciies having a opulation of less thin 5,000 and more than ,000 {ntabitants, $25,000; in cities having a pulation of less than 10,000 and more than ,000 inhabitants, $80,000; in_cities having & mnulu\ion of more than 10,000 inbabitants, Bection 2 provides that every bank or arjosation, firm or individual, transacting a » Juking business, shall, at least ten days be- fore commencing business, transmit to the suditor of public accounts, a report of the character set forth in section 4 of this act. Section 8 provides that every bank and every corporation, firm or individual tran- sactiug @ banking business, shall make to the auditor of public accounts, not less than three reports during each year, Section 4 providos thatsuch report shall state the amount loaned upon bond and mortgage, the par value aud actual market walue of all stock or bond investments, des- fgnating each partioular kind, and the mamount invested in each; the amount loaned upon notes, bills of exchange, over-drafts and other' personal securilies, with the mctual market valuo of such securities; the amount of rediscounts and of commercial paper past due; the amount iuvested in real estate, giviog the cost of the sawe; the swount of cash on hand and on deposit in banks or trust companies, with their nams and the wmount doposited in eac) the amount of all other assets, not enumerated above, and such other in- formution as to the auditor of public Mccounts, state treasurer and atlorney-gen- eral, or uuy Lwo of them, may require. Pro- wided that commereisl paper not in brocess of collection, six mouths past due, with - terest unpaid, skall not be included in the report of the assets. kach report shall state such resources and lisbilities at the close of ‘business on any past day by the auditor of public accounts specified, and shall be trans- mitted Lo him withiu five days after the re- ceipt of & request or requisition therefor from bim. And a summary of such report, fu the form prescribed by the auditor of pub- lic accounts, state treasurer and attorney- romsnl, all be published in & newspapor b the place where such banking business is trausacted, or if there js no newspaper ib the place, then in the one published nearest thorelo i the sawe county, at the expense of the bank. ion 5 provides that the auditor of pub- Lic acconuts, state treasurer and attorney- goneral, or any two of them, shall have powor L call for special reports from any ticular bank whenever, in their judgmen © S0 are necessary, in order 10 & full an ecmplete knowledge of Lis or its condition, Scction 6 provides that the auditor of pub- o accounts, state treasurer mud attorvey- general, or koy two of them, shall appoint suitable persons, having a practical knowl- edge of banking, to make an_exammation of the affairs of every bank as often as shall be deemed necessary and proper and at least once in every year, but no person shall be ap- pointed who is an ofticer, stockholder, mem- ber, partner or clerk in any banking institu- tion of this state, Section 7 provides that these examiners shall have power to make a thorough exam- ination 1nto all books, papers and affairs of the bank, to admmister onths and_afirma- tions and to examine on oath or affirmation any individual banker aud officers, agents, partners and clerks of such bank, and to summon, and by attachment compel the nt- tendance of any inhabitant of the state, to testify under oath before him or them in re- Jation to the affairs of such corporation, firm or indiviaual. Section 8 provides that the bank examin- ers shall be paid §10a day, which shall he paid to him by the bank whose affairs are examined, provided that the fees paid for any single examination shall not be less than §10, nor wore than §20. Section 9 provides that every bank which shall fail to make any report required by the provisions of this act shall be subject to a penalty of §50 for each day that it delays to make such report; and every person ‘who shall willfully and knowingly make, or cause to be made, any false statement or false entries in the books of any bank, or shall knowingly subscribe or exhibit false papers with the intent to deceive the ex- aminer, or shall make, state or publish any false statement of the amount of the capital asscts, surplus or undivided profits, shall be guilty of a felony, ana upon conviction shall be fined not exceeding $10,000, and be in prisoned in the state penitentiary not less than one nor more than five years, Section 10 provides that every bank shall, at sl times, have on hand, as a reserve, an amount equal to atleast 15 per cent of the aggrogate amount of its deposits and im- mediate liabilities, That savings banks, do- iug an exclusively savings bank business, shall haye on hand, at all times,as a reserve, in available funds, an lmauntfqunl to at least b per cent of its deposits and immedi- ate liabilities, The available funds shall con- solvent banks, include all claims against the corporation, payable on demand, Cash shall include specie, legal tender notes, bills of solvent banks, and exchange for auy clearing hovse association. Whenaver the” available funds of any bank shall fall below the reserve re- quired, such bank shall not iucrease its liabiiities by makiog any new loans or dis- counts, otherwise than by discounting or purchasing bills of exchange payablo at sight; nor shall such bank make any divi dends of its profits until it has on hand the available funds required by this act. The auditor of public accounts may notif; any such bank. in cese its reserve shall fall below the amount required, to make good such reserve withont delay, and any failure for the period of thirty days to make good sny deficiency in the amount of depisits re- quired to be kept on hand skl be cause for e appointment of p *5eeiver, Section 11 prevides that the total liabilitice of any corporation, firm or individual to any bank or corporation, firm, or individual transacting & hunkinr; business for money borrowed, including in the liabilities of a corporation or firm the liapilities of the sev- eral members thereof, shall at no time ex- ceed 20 por cent of the capital of the bank, und in 0o case shall the total liavilities of the stock holders of auy bauk, to said bank or corporation exeeed 50 per cent of the paid up capital. Section 12 rrovu‘lel that no bank, corpora- tion, firm or individual engaged in the bank: ing, oroker, exchange or deposit business, shall accept or receive on deposit, with or without interest, any money, bauk bills or notes, or United States treasury notes, or eurreney or other notes, bills or” drafts, cir- culating as money or currenoy, wheu such bank or corporatiou, firm or individual, is in- solvent. Section 18 provides that if any such bank shall receive deposite when insolvent, any officer of such bank who shall knowingly re- ceive, be accessory or permit or counive ut the receiving or accepting such deposits, shall be guilty of a felony, and upon_convio tion thereof, shall be punisifed by a fine not exceeding $10,000, or by imprisonment in the mmtenunry not e: ing five years, or by th fine and imprisoument. Section 14 provides that wheuever it shall eppear to the auditor of public accounts, We give you the benefit of this advantage. THE PATRICK LAND COMPANY, SOLE OWNERS OF DUNDEE PLACE, Room 25, Chamber of Commerce, N. D. ALLEN, Vice-President. W. K. KURTZ, General Manager We will show you the property at any time yon may make state treasurer and attorney two of them, from any examination or re- port that any bank is conducting its business in an unsafe or unauthorized manuner and is jeopardizing the interest of its depositors, and that it is unsafe and inexpedient for it to continue to transact any bunking busincss, they shall communicate the facts to the at- torney-general, who shall apply to the supreme court or the district court of the county where the bank is conducted for the appointment of a receiver to take charge of and wind up such banking business. Section 15 exempts national banks from the provisions of the law and provides that savings banks shall not be subject to the rovisions of section 1. But no savings bank shall carry on business in this state with & paid up capital of less than $12,000, nor shall any savings bank receive deposits to an amount exceeding ven times the aggre- fate of its paid up capital stock and surplus, Under the term savings bank is included only such banks as do a savings bank busi- ness exclusively, paying out money only on presentation of pass books and certificates of deposit, discounting and buying no com- mercial paper and reserving the right to de- mand notice before payng deposits, Section 16 repeals sections 1,2 and 8 of chapter 8, of the compiled statutes of Ne- braska of 15887, eneral, or any 5 cine in the Owen’s College, Manches: ter, Ing., in writing of Bright’s di- scase, “The blood becomes speedily deteriorated by the unnatural drain through the kidneys. It becomes more watery and poorer in albumen, while urea, uric acid and the extrac- tives are unduly accumulated in it.” Warner’s Sale Cure will reslore the kidneys to a healthy condition and purify the blood. hetita 0 S BRURS SOLDIER BOYS QOLONIZE. They Prepare to Enter Oklahoma With the Flag at Full Mast, About a score of voterans and several marines assembled at the G. A. R. hall on Douglas street, last night, for the purpose of devising a form of pre-enipting claims in the Oklahoma territory. After an informal levee H. H. Kirby was made chairman and J. P. Henderson secretary. Attorney Munn presented a profile of the territory and also a form, in law known as power of attorney, through which the old soldiers are entitled to file their claim papers by proxy. It was finally decided to appoint a committee of five to meet at the Merchants' Nationai bank, room 001, at 10 o'clock this farenoon, beforé which all old soldiers izt appear and vest their right, by d<logating the power of attor- ney, in ons of the committoe, to be 50 desig- nated, the latter to go in advance of the van, with necessary papers, and be at the land ofiice when 1t is formally opened. The fol- lowing was appointed on the committeo: D, 0. Clemants, J. G. Cuming, T. £, Munn, J, P. Henderson and Harry Garner. It was decided that the jndividual appointed attor- ney-in-fact should leave Omahba to-morrow morning, and be provided with a horse and saddle, and, upon arriving at the verge of the territory to put spurs to his steed and be among the first of the boomers on the spot. It was also decided to colonize in a_territory near Fort Rero aod along the north fork of the Canadian, POLICEMEN AS SPIES, The Council Committee Inquiring Into the Practice. The committee, consisting of Messrs, Kas- par, Davis, Lowry, Shriver and Snyder, ap- pointed by the council to investigate the methods of the police force, convened at the council chamber. The first witness called was Jailor Bebout, who was exemined by Chairmsn Kaspar. He testified that when “parties were arrested they were always tried as soon as witnesses could be procured, and that all prisoners confined w the city jail were furnished with two meals @ day, Also, that when a prisoner is brought in jail drunk, he is kept there untii he is sober vefore going on trial, aud that all moneys taken from prisoners is kept by the jallor until the party arrested is convicted oF rel . When @ prisoner is released on bonds before trial, the release is upon the instructious of the chief, the judge or ous of the police caplaius. y Patrick Havey, the night jailor, testified - substanco_ to about what Bebout had sworn to. He said that all prisoners ar- rested on a charge of “suspicious characters’ were not convicted, but often proven guitless and released. The jall docket was also ex- amiged, but” nothing - startling was discov- ere W Hudson, police officer, testified that there is a law against gambling. Didn't know of any games going on now, but had 1o doubt there were some in progress. When on special duty, looking into the sa- loon business, policemen were instructed to buy drinks at all places they could get in if possible. This was to see if the law was be- ing obeyed. 'This was on the Sunday par- ticularly. They were instructed to do this by a superior oficer, If they spend any money 1n this work they are reimbursed by the chief. “Wo always wear our stars,” said he, “but do not display them. We not wear our uniforms when doing such duty. We don’t make any arrests then. We take the names of the offenders. I did not repre- sent that my wife w sick when I got a drink at Hajecks, 1332 South Thirteenth street. Isimply asked for a drink and got it. There was a lot of Bohemians there drinking beer. This was on Sunday. We watck ~ drug stores just the same. I got drinks the Sunday I was on- special duty at Rothery’s saloon, Hansen & Jensen’s, 502 North Fourteenth street, at Hajeck’s and at 112 South Tenth street. Rothery was acquitted, the other cases are pending, I think. 1T spent$1.70 that day. I make an arrest on an average of one in every four or five days, mostly for drunk- enness and vagrancy. “How do you tell a vagrant!” “By questioning and watching him. We don't often go wrong on these fellows—their actions generally give them away.” “What is a vagrant " “A fellow who sleeps in box-cars, hallways and that sort of a thing.” *‘What is a suspicious character?" “*A man who is seen loitering around busi ness houses, and watching people, and one who can give no good explanation of his busi- ness or identity. ‘The examination was o'clock, Dotective Vaughn, of the police depart. ment, was the first witness called by the police investigating committee in the after- noon, He defined bis duties as being the detection of confidence men in particular, and the various violators of the law in gen- eral. He did all his special work under the direction of his chief. He expre#®ed a will- ingness to furnish the committee any informavion in his power, but declined to answer any questions that would interfere with his work as a detective or inake ‘!mbuc any of the plans which he had fn mind. The committee did not seem disposed to press an examination of Mr. Vaughn's career and dismissed him, V. M. Ellis of thé mounted police, was called by the committee.” The witness testi- fied that he had done some special work dis- adjourned to 2 guised @s & private citizen, espe- cially in looking out for viola- tors of the liquor law. He roported eight cases of saloonkeepers selling liguor between mianight and 4a m, He claimed that he had not resorted to any sub- terfuge to obtain driuks in the saloons dur- ing the hours prohibited, but went into the salocns and asked for 4 drink. — If he got it he made a note of the fact and reported it to the police. 1f ho was refused a drink he left without more ado. Ellis' side partoer,’ W, H. Shoop, of the mounted police, was then called. While Ofticer Shoop was on the stand Mr. Hartman, of the fire and police commission, stated the position of the ~commission on the investigation. He sald the commission was willing and ready to assist the commitee and the couneil in investigating charges against any member of the police force or any official under the direction of the fire and police commission, aud if any wrong was shown against any such officer the cofmis- sion would certainly dismiss bim. As to the matter of sending ofiicers on special duty, disguised as private citizens, Mr. Hartman held thatthat was 4 brauch of the police work that could not be dispensed with. The coief has a rightto do it. **You can't catch a thief by announeing your coming and in- tentions by a parade of blue cloth and brass buttons. If we can't cateh violators of the law in policemen’s u after them disguised as private citizens.” A general consultation followed between the membors of i i committee end the com- | certain other matter, upon which the two bodios had held some discussion, should not, for the good of the police force and the good government of the city, be made public, Resuming the taking of testimony, Coun- cilman Kas r asked Officer Shoop if he did not know it against the law for him to persuade others to break the law, as he was reported to have done in coaxing Mr. Hub- bard to shake dice with him for money. The witness admitted that he did. In reply to a question by Mr. Davis, Mr. Shoop admittod that he had seen beer sold in the sporting houses and did not report it because he was not on duty at the time. After a further ex amination of the witness on unimportant points, he was excused, and, in the absence of other witnesses, an adjournment was taken until o'clock Wednesday morning. et The most common cause of sickness among children is disordered bowels. Something to open the bowels and tone up the stomach is usually all that is re- quired. One dose of St. Pétrick’s Pills will always cure. They ave safe in all ca They are small, sugar-coated, easily taken, and contain no injurious substance whatever, For sale by all druggists. —_— A Butcher Disappears. “Closed by ereditors, Paul Stein, consta- ble, is the legend on the door of the butcher shop at 116 North Twelfth street, until re- cently conducted by John Schmidt. The location was considered a good one and Schmidt was thought to be making money. Somo months ago, however, he became enamored of & cyprian 1 a house of ll-shape on Ninth street and married her. He found her an expensive luxury, so much so that his shop receipts were inadequate to the require- ments of her style of living. Schmidt ran in debt heavily aud as a resuit was forced 1o suspend. Some weeks ago he sold his wife his driving horse and then mortgaged the anlmal to Fogg, the druggist, on Capital avenue and Twelfth street, for $60. Schmidt got an iukling on Sunday that his creditors were going to force a sottloment and, fearing trouble over his shoddy transaction with Mr. Fogg, skipped out. Ho is supposed to have gone to Olslahoma. B — The rosy freshness, and a velvety softness of the skin is invariably ob- tained by those who use Pozzoni's Com- plexion Powder, i Ukitef Visits Onief. An Omaha chief, named Elea Horn Cap, visited Judge Berka yesterday and gave him some pointors as to the way justice is admin- istrated on the Omaha reservation, The chief proudly exhibited a certificate from the superintendect of Indian affairs setting forth lus virtues as a good Indian chief and a friend of the white man. A foot note on the certificate was in very bad English and read ‘“please to geb this man 25c or fifty cents.” — Pears’ soap secures a beautiful com- plexion. —— Run Down, When Fred. R. Smith, the architect, stepped off the street car on Sixteonth near Webster, s horse driven at @ furious rate, struck him, knocked him down and ran over him. The driver of the buggy did et stop to see what mischief he had done, but CURES PERMANENTLY BACKACHE, HEADACHE AND TOOTHACHE. CURES PERMANENTLY ALL ACHES, AT DRUGOISS AND DEALERS. mussion, auring which it was agreed that a l THE CHARLES A. VOGELER CO., Baltimors, Ng, whipped his horse into a run and dashed off at a furious pace. Smith was carried sense- less into Whitehouse's drug store, where it was discovered that he had suffered severo cuts on the hoad, hip and ankle. He also sustained concussion of the brain, and his condition was found to be a dangerous one. He received vrover medical attention, and Sunday evening had partially recovered con- sciousness and was pronounced out of dan- ger. Yeswrday morning he was still ina somewhat dazed condition. e Dr. Gluck eye and ear, Barker bik. e A Popular Oaptain. Captain Cormack’s manly breast is adorned with @ new police star that is a beauty. It is the regulation size, the rim being of solid silver, enclosing a solid gold star on which is engraved the captan’s namo. It was pre- sonted by Edholm & Aiken, s A New Train. The connecting link between Ne- braska and Kansas has just been placed in service by the Union Pacific railway. This train leaves Council Bluffs daily at 4:45a. m.; leaves Omaha at 5:05 a. m., and runs through without chango to Manhattan, Kan., making direct con- nections there with the Kansas division of the Union ic railway for all points in Kansas and Colorado west- ound, and for Topeka, Lawrence, Kan- sas City and points east and south via Kansas City. Returning, train leaves Manhattan™ at p. m.; arriving at Beatrice at 6:25 p. m., Lincoln at 7:50 p. ., and Omaha at 11:20 p, m., Coun- cil Bluffs 11:40 p. m., making’ direct connection with Kunsas division trains from Kansas City, Lawrence, Topeka and the east, and from Denver, Salina, Abeline and all points west, enabling passengers to visit the principal points in Kansas and Nebraska in the shortest possible time. Theso trains have first~ class equipment, consisting of smoking cars and first-class day coaches of the latest pattern. The new train will fill a long felt want, and is bound to be popular. ——— Rapped by Raap. John Helue, & good-natured German, ap- peared before Judge Berka yesterday after- noon charged with having been drunk. He told a story of how he had been assaultea by Felix Raap ou South Fortieth street and se- verely pounded. A warrant was 1ssued for Raap's arrest, KEEPING PLUMBERS AWAY., The Union Warns Brother Workmen to Remain in the East. Up to lust accounts the master plumbers bad taken no positive stand in favor of lock- ing out their employes. The latter, however, are satisfled that thoy propose to do something to annoy them, espe. cially in the way of advertising for non. union plumbers abroad. To undo the effcct such advertising would undoubtedly have upon eastern plumbers the Journeymen Plumbers' assoclatio has sent a statement of the condition o the trade in the city, to the most widely circulated papers in all of the large towns of the country, " The state is to be inserted as an advertisement, e Coal tar for sale by the single banrel or in car load lots. Address S10Ux Crry GAs LiguT Co., BSioux City, Ia. Hill & Young's Loss, The insurance adjusters are busy figuring the loss on Hill & Young's stock, caused by the fire of Saturduy night. The loss is greater than was at. supposed, and will be about £35,000. The insurance amounts to 30,000, and is distributed among the follow- ing companies: City of London. Germania.., .., Louisville Underwriters. 1,455 British Ame 2470 Spring Gard 1,480 Merchants' 81000 Nanufacturers’ and Builde , 055 Standard, New Yor 1,600 s, 1,400 Granite & 2,400 Waostern Home, 1,800 New Hampshire 960 Rockford 2,000 New Winds or Hotel, Kearney, Neb., has openod under new anagement, refitted and refurnished, PFirst-class nccommodations for travel- ing men. Two minutes walk from Bur- lington and U, P. depots, A. 871. JULIEN, Prop. Oharged With Paternity, 'y M. Craig was arrested this after- noou and arraigned before Judge Douno on complaint of iss June Kenny, who charges him with being the father of her o&spring, Craig works in the locomotivs department at the Uniou Pacific shone, O\ WEIGH? W eURE T Vied by the United Btates Government. uad Public Food Aualy : (e ¥udorsed by the heads of the J s the sirougest, Purest and most Heatnful S0 Eiresntlon . Dr. Price’s Cream Haking Powder docs not contain Ammosla, Lime or Alum. Dr. Price’s Dellclous Flayorin tracts, ‘anllla, Lemon, Orange, Almond, Kose, ele., do not contaiy PRICE BAKING POWDER CO., Mew York. Ohicago. St Louiss us Olls or Chies