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About The Plattsmouth journal. (Plattsmouth, Nebraska) 1901-current | View Entire Issue (Jan. 26, 1931)
MONDAY. JAN. 26. 1931. PLATTSMO TTTH SEW - WEEKLY 70TTB3TA1 PAGE FIVE MURDOCH ITEMS Business called Bryan McDonald to Lincoln en Monday of the last week, he making ihe trip via his car. H. W. Tool was assisting in the Bank of Murdock last Wednesday while Mr. Henry A. Tool was called to Lincoln. A. H. Jacobson was called to Lin coln on last Wednesday wheie he was securing some repairs to use in his auto repair shop. The Kev. H. R. Knosp was in at- I tendance at the Pastors' state con vention of the different chuiches which was convening at Omaha last w eek. Wm. Luetchens was in town on last " . nesday and was taking some lumber home with him for the pur pose of making some repairs on the farm. Henry A. Tool Lincoln on last they were called busir.rss and also and wife were in Wednesday where to look after some were visiting with friends as well. Pr;;rk Yallery of Omaha was a visi tor in Murdock on last Wednesday and was looking after some business matters and a3 well visiting with his friend. John Gakemeier. Iva McCrorey and the family were over to Lincoln on last Monday where they were looking after some shop pine and also rtere visiting wita friends there for the occasion. Mrs. Hugo A. Norenberg has been enjoying a visit for the past week at the home of her parents, G. S. Fos ier of Milford and where all have been enjoying a visit very much. On Friday of last week Mr. and Mrs. H. W. Tool entertained their friends for the evening at their beau tiful home and had as the feature of the evening the playing of bridge. Henry Carsten, the elevator man. was called to Omaha to look after seme business matters for the day on last Wednesday and while he was away Otto Miller was looking after the business at the elevator. During this week the city of Mur dock uill he represented at Lincoln in the retail hardware dealers con vention by A. J. Tool, and while he was away the conduct of the store will devolve on Mrs. Tool and son. Douglass. J i n Knpings and the family were over to Murray on last Monday where the:- were visiting at the home of Eail Lancaster and looking after oth er business. They have just secured a new car an Oakland, which they drove over. Henry Oehlerking and son. Roy, and Louis Schmidt and Ferdinand Brunkow were over to Alvo on last Wednesday where they were attend ing the sale of L. D. Mullen who is quitting the farm and has moved to Alvo to make his home. Conrad Raunigartner has rented :'arm to Fred and Walter Xeuman and will enjoy a well-earned rest from the arduous duties of farm life. He has an ad in this issue, offering his work horses for sale. If you need good farm horses, see him at once. Mr. and Mrs. Lacey McDonald. Mrs. Harry V. McDonald. Mrs. J. E. Mc Huph and Miss Helen Bornemeier were over to Lincoln on last Tuesday where they were attending the meet ing of the Lincoln Building and Loan association, they all having stock in the association. Walter Stroy who is engaged in J the selling of hail insurance, a pro tection for the farmers has- been hust ling of late and has been adding a lot to the security of the crops of the farmers. Walter is a hustler and will try and see every farmer who j needs insurance. A. J. Friend, who has made his home near Alvo for many years rent bag i arm for the past eleven years and which demonstrates that he is an excellent farmer, has moved from northeast of Alvo to south of j Murdock and will farm the George Yardeberg place. Rev. Hugo A. Norenberg. pastor of the Callahan church and Rev. H. R Knosp of the Murdock church were over ' j Mynard lant Sunday where thej heid a service at the United j Brethrea church cf that place and' where they attended the gathering of the Pasters' and Layraans' League. Mr. and Mrs. Paul Schewe, John Gakemeier and O. E. McDonald were over to Plattsmouth on Tuesday of last week where they were attending the trial of Mrs. Inas Wever and also visiting with friends and look ing; after some business matters. 1 While there Mr. McDonald was also visiting at the home of Joseph R. Kelley. father of Mis. McDonald who i has been quite ill for some time past. Grandmother and Grandfather ' Schlueter have just had installed at their home a new Clarion Jr.. radio, by Robert Stock, and are liking the very clear tone of this instrument very much. It is an enjoyment to this excellent couple that they can have the radio at their home and that it brings in the outside world with all its news, its entertainments and its musical festivals which are on the air. We have been boasting; that cur town is the best, cleanest town in the county; no stealing, fighting and quarreling:, but we have to back up : little, as last Tuesday morning a man was seen and recognized, who picked up a bottle of milk that bad been delivered by Mr. Weddel at the tk or of the meat market, and hurried away with it. This notie should be sufficient to stop this way of get ting milk wiihout paying for it. Trucking! We do trucking Specials on Stock to Omaha, 25c Full loads, 20c of all kinds. Pick-up loads per 100 lbs.; per 100. Day or night service. Call No. 2020. RAY GAMLIN Murdock, Nebr. Drives to Chicago. Emil Kuehn accompanied with a gentleman from Lincoln, they going to look after some business matters, drove to Chicago, starting on last Monday morning. They are expected to be absent for a number of dayB. Were Members of Jury. C. J. Meyerjurgen and Carl Schlap hoff were members of the jury which rendered the verdict of guilty against Mrs. Inas Wever f rothe poisoning of her husband a short time ago. For Sale. I have four full blooded Jersey bull for sale, one a year old. others smaller. Also one 3-year old half Jersey milk cow. coming fresh in about a month. Aug. Ruge. jiy-rtm Excellent Flock of Sheep. A nice flock of some five thousand lambs which has been our privilege to see. which were shipped last week iby Fred Stock, sr., and of which we , made mention at the time, was fed at his farm, and were shipped to Omaha last week. The excellent care i of these lambs was reflected in the very fine showing they made at the stock yards. And the success of the feeding of either sheep, hogs or cat tle in the fact that the feeder knows his business and looks after every de tail of the work. Mr. Stock has ever made a success of his every venture in this line. Entertained Their Friends. Mr. and Mrs. Henry A. Tool en tertained at their beautiful home on Tuesday of last week and had as their guests a large number of their friends. Bridge was the feature of the evening. Mis. Russell Rodgers Bet'er. Mrs. Russell Rodgers. mother of the two twins at Denver and daugh ter of Mr. and Mrs. John Scheel of Murdock who has been so seriously ill following the birth of the twins, is reported as showing good improve ment at this time.. Mr. Scheel, who was with the daughter for some time during the past two weeks, returned home on Monday of this week. Elevator Stockholders Meeting. The fourth annual elevator stock holders meet of the farmers union association will be held on Feb. 3rd at 2 o'clock p. m. at Murodck, Neb. at which every member is requested to be present for the election of three (3) directors, and other business which may come before the meeting. FRED STOCK, President. AUG. RICE. Secretary. jl9-2tm. Enjoy Family Reunion. John Ostblom. the owner of the Murdock market was made happy on last Sunday by having all the mem bers of the family present for the day and the excellent dinner which was prepared by his daughter, lira, Velma Smaha. who is an accomplish ed cook. There were there to enjoy the occasion Uncle John Ostblom and father, Devere and Arthur, sens, Vel ma Smaha, Geraldine Woodard of Fairbury. a grandtlaughter. This is the first time they have ben all to gether for a number of years and all sure enjoyed the occasion. For Sale Work Horses Two teams of good work horses: One team of bay mares well match ed. S years old, wt. 2850; one team of grays. 12 years old, wt. 2850. At t rm two miles north of Murdoch. Conrad Baumgartner. j2G-3tMp Eas An Excellent Radio. Henry Oehlerking who has main tained a very fine radio at his home for the past seven years, anel who delights to get the far off stations as well as the ones close, when the day's work is over, can by turning the dials listen to the doings of all the United States as well as many of the foreign countries. The Oehlerk ing family find much pleasure in the use of this modern home equipment. Big Get-Together Meet. Are you interested in what our club work is? Three clubs of Mrs. R. A. Kuehn's group are holding a big get-together meeting for every one at the M. W. A. hall Feb. 2 at 7:30 p. m. They are the Homemak eta club. Swastika club and Four Square club. A program will be giv en that will be of interest to tall. We are making plans for a big crowd to come. REPORTER. An Explanation. For several ye. i L. Neitzel and G. Baur. have been going, in good weather, every Sunday, to towns and churches, as visitors, where they have taken part in Sunday school and preaching services. They go to brighten some "corner;" and they have done so with marked success. Teaching Bible classes, and giving addresses, of hope, cheer and en couragement. All has proven to be a h'sssing to themselves and others. They intend to continue, until condi tions change. THE PILGRIMS. Seven Lettevs to Seven Churches; SARDIS V Rev. 3, 1-6 Sardis the place or city. It was the capitol of Lydia, identified with the name of Croesus, and Cyrus, and Alexander, and covering the plains with her thousands of inhabitants, great even in the days of Augustus, ruined by earthquakes and restored to its importance bjr the munificence of Tyberius: Christian Sardis, offer ing her hymns of thanksgiving for her deliverance from Pagan persecu tion in the magnificient temples of the Virgin and apostles; Sardis, again fallen under the yoke of a false re ligion, but still retaining her numer ous population and powerful defense only five hundred years ago; what is Sardis now? A few huts, inhabit ed by Turkish herdsmen, and a mill or two contains all the population of Sardis. The church of Sardis Addressed by Him who has the seven spirits of God See Isa. 11:2); nothing is hid from Him; He knows her angels bishops or leader, how he is taking care of the church. The preacher here represents the church, he is held responsible; the accusation is terrible i"Thou hast a name that thou livest !and art dead." This condition has 'been referred to as being the Protest jant church; who after her existence of a hundred vears or more has set jup her theology, of the pure and , unadulterated word of God, and sac raments and the royal decree of Justi fication by faith has become u dead and lifeless body; the spiritual life has ebbed away, making much of 'Rechtglaubigkeit" (correct faith) where more emphasis should be placed j on "Recht-Glaubigkeit" (a more vital i living faith.) I do not say, that this lis the case; but some commentaries i '.construe it that way. What a terrible ! tragedy, apparently living pretend-) ing, shamming a Christian life and; 'no fruit of the spirit; having the1 form, if ever so much correct and perfect, but no life, power and holy ! living. The injunction to be "watch ful," gives a little ray of hope; work ; yes, but very imperfect before Bed. Remember O! Memory! The worm that will never die. Man could be momentaryily happy, if memory: could be blotted out. There is nothing to be commended In this church; the nemesis will come j sure but unexpected, therefore be watchful, to read the signs of the times. i But God will take care of the few earnest and loyal souls, that kept ; themselves unspotted from the world, their white garments, whii h the early Christians wore in worship, were clean, and Christ promises them that j they shall be clothed and walk with ! Him in white, "for they are worthy." II;pe is still held out for those that jhave grown negligent, and careless, and indifferent, that they may yet, be received among the "Overcom- ! meis" and wear a white garment. the emblem of purity, and that their name may still remain in the book i of life. See Rev. 20: 11-12. Oh what a patient and merciful . God is ours! He warns and pleads wttfe men fox their good. Let them jthat have ears hear, and heed God's i ; warning. L. NEITZEL. Bill Provides for High School Dormitories District May Allow Corporations or Individuals Build Upon the Grounds. Senator Bowline of Merriman has prepared a bill for introduction next week which will give to high school districts the same right accorded the stale normal school beard of Nebras ka, the right to have dormitories j erected, the buildings to be paid for out of revenues of the buildings and when thus paid for the structures be come property of the state. The bill provides that the district may permit private individuals or corporations to build structures up- ;on the school grounds or nearby for use as dormitories or for student ac tivities. When the rent paid equals the cost of the building5:, plus i'lter- est, the buildings shall belong to the ! school district. The district is au thorized to pay on amortization plan principal and interest contracts not to run for more than forty years, the interest not to exceed 7 per cent and (the payments cf the district not to exceed the net nicome from the i buildings. FRANCE LOOKS TO BRIANS Paris Political observers were looking Friday night to Aristide Briand as a likely candidate for the task of forming a new French gov ernment to replace that at Theo dore Steeg which fell by ten votes in the chamber Thursday on the is jsue of price fixing for wheat. The ex 'perts, however, believe that if Briand should be asked to form a cabinet he would decline, partly because of ill health but principally because he be lieves he can serve France better by continuing his work for niternational peace. He has refused to become : prime minister three times in the past year and a half. Briand was still at Geneva Friday night, taking an aetive part in the r meetings of the League of Nations council, and the experts at home jseem to believe that Pierre Flandin i probably would be calleel by Presi dent Dcumevgue to build a cabinet. If Flandin should not accept the job it was thought the appointment might fall to Pierre Laval, whose product would be a twin brother to ithe Steeg cabinet, leaving the situ ation as confused as it was before. WARM WEATHER IN WEST Kansas City Spring-like weather prevailed over a large portion of the west Friday. Bright sunshine and warf southern breezes resulting from an unusual shift of winter condi tions brought high temperatures to almost all the states we3t of the Mississippi river and to some terri torj to the east. While the Red Cross intensified its drive for funds, nature played her part in relieving the suffering resulting from tie blighting drouth of her own making. Oklahoma has experienced no sev ere storms for more than a month. Texas and the Pacific coast had nor mal, mild January weather. Kansas weather prognosticators promise at least another day of balmy conditions. The lowest reading in the state Thursday night was 2S and Friday the mercury soared up into the middle sixties, establishing some local records for this period. Mis souri fared similarly. Kansas City had a reading of 58 at 2 p. m. and Topeka, Kas., regis tered 59, but 6 degrees short of a previous high for this date. Read the Journal Want-Acs Perjury Charges Against Seymour, 'Grocer' Norris Special Federal Grand Jury at Lin- coin Returns Indictments; Grew Out of Nye Testimony. Lincoln, Neb., Jan. 23. Victor 'Seymour and Grocer George W. Nor- ris of Broken Bow, Neb., were in ; dieted here today on charges of per jury, by a special federal grand jury which had been in session since Mon day. The indictments are based on their testimony before t he Nye sena torial investigating committee. Seymour, former republican leader of Nebraska and for a time last sum mer manager of the western head quarters of the republican party at Denver, faces eight counts. Grocer Ncrris, who filed as an op ponent ef Senator George W. Norris for the republican senatorial nomin ation but who withdrew before the primaries, was indicted on two counts. Seymour testified before the grand jury Wednesday, and is now in Lin coln. His arrest was ordered. Norris is now a resident of Enid, Okla., and . did not appear before the jury. Wil liam E. Shuman of North Platte, Nor ! ris' attorney, said Norris would ap 'pear in Lincoln Monday to answer to the indictment. Based on Testimony. The counts against Seymour are i based on the follov. ing statements to the Nye committee, while it was probing expenditures in the Nebras ka senatorial campaign last summer: 1 That he had no contact with the senatorial mi.ipuign in Nebraska. 2 That he learned only through the newspapers that money was available for use in the campaign, that he had seen no evidence of money, and that no money or credit had been placed at his disposal. 3 Thai he had no knowledge of contributions made for or against the candidacy of any one candidate for senator. 4 That he had BO part in en couraging Grocer Norris to en ter the campaign. B That he had no inform ation as to who did occasion the candidacy of Grocer Norris. 6 That he took part in no conferences relating to any po litical situation in Nebraska, in cluding the candidacies for sen ator. 7 That he did not know of the candidacy of Grocer Norris until he saw the filing an nouncement in the newspapers. 8 That he did not partici pate in, or have any personal knowledge of Grocer Norris' candidacy. "Received No Money." The indictments of Norris were based on the following statements be fore Nye: 1 That he received no money or assurance of money or other support for becoming a candi date for senator, and that he had personally written the state ment explaining the candidacy, published on July 8. 2 That he was a candidate for United States senator in good fcith. The Seymour indictment is con .ained in 31 typewritten pages, and the Norris document covers 25 pages. Steno Testified. Miss Esther Alton, former stenog- lapher for Seymour, whose testimony before the Nye committee caused a sensation, also told her account to the grand jury. It was her account of negotiations between Seymour and Norris prior to Norris' filing an account which was later substantiated by other witnesses which led to the filing of the perjury charges. After Miss Alton appeared before the Nye probers, Paul Johnson, Brok en Bow attorney, who had advised Grocer Norris, said that he had re ceived $50 from Seymour to pay Nor ris filing fee, and that he had re ceived a five hundred-dollar bond for campaign expenses, which he believ ed also came from Seymour. Miss Alton also said that she had prepared Grocer Norris' statement o the t press. "More Involved." More indictments by the grand jury investigation in Nebraska into the activities of republican leaders were predicted by Sen ator Norris of Nebraska, when informed at Washington of the indictment of Seymour and Grocer Norris for perjuiy. Assistant United States District At torney Robert Van Pelt said that Sey mour and Grocer Norris probably would be called for trial about the middle of May. Neither is under arrest, but their attorneys have guar anteed their appearance. T. S. Allen of Lincoln will represent Seymour and W. E. Schumman of North Platte will represent Norris. World-Herald. GRANT STOPOVERS ON 1-WAY TICKETS Stopovers at any station on the Burlington lines will be allowed on one-way tickets after Feb. 1, LiarK U. Wilson, passenger agent, announc jed Friday. Heretofore stopovers i have been allowed on only two-way 'tickets at stated points and then only upon application to the ticket agent Under the new arrangement, applica tion to conductor alone is sufficient. The same stopover privileges will be allowed on two-way tickets. The Burlington will make "Knottier change Feb. 1. One-way tickets, in- Btaad of requiring continuous pas sage, will be good for 30 days after date of sale. This means 30 days may be taken for any trip on the Burlington. Phone your Job Printing order to No. 6. Prompt service. Manley News Items Ray Reynolds was a visitor in Plattsmouth on Wednesday of last week, where he was looking after some business. Frank Reister and wife were visi ters at the county seat on last Tues day, doing some shopping as well as attending the murder trial while there. Frank Bergman and the good wife, accompanied by their son were visit ing with friends in Plattsmouth last Sunday, driving over for the day in their auto. Fred Rueter Weeping Water last Wednesday, was a visitor for a short time on where he was look ing after some business matters for a short time. John G ruber, while he is waiting for spring to come for the work to be done on the roads, for which he has been appointed, is looking after the omlucting of the pool hall. Edward Murphey was a visitor in Plattsmouth on last Tuesday, called there to serve on the jury, but was repected and while there was look ing after some business matters. R. Bergman was a visitor in Om aha on last Friday aftrnoon, where he went to look after some business ind at the same time so that Mar garet might return home with him for the week end. Wm. Scheehan was a visitor in Plattsmouth on last Monday, going to look after some business matters and again on Wednesday was also a visitor and was also attending the Wever murder trial. Ralph WHtjr and the family were quests for the day last Sunday and -or dinner with their friends. C. A. Griis and the family, where all en joyed the visit very much and the very fine dinner which Mrs. Griffis provided. See the report of the Manley Farm ers Elevator in this issue, which hows the excellent management of 'his institution and also demonstrates hat it pays to have a man who un 'erstands the business be the line whatever it may. Al Hill and wife and Mrs. Harry Hawes were called to Plattsmouth on last Tuesday, where they had some business to look after, shopping as well as visiting with friends. They j nlso visited at the court house and 1 locked in on the ever trial for a bit. Mrs. Henry Osborne was a in irdon for t:'.- erojter . u k. who- !h-.' was vtd'insj home cf her mother, Mrs. visitor jf last f -it the Maude attend- Goodsbey. and where she was ng the funeral of the two men who were killed in an auto accident last week . A large number of the people of Manley and vicinity were over to Piattsmouth cn last Monday and Tuesday, where they were scrambling for a place in the district court room to look in on the Wever murder trial that was attracting capacity crowds -ach day. The Steinkamp property was sold last week for $4,200. The purchaser will use the place for a home and when the changes and remodeling has been completed will make an ex- ellent one and a good place to re side. This will necessitate Mr. Mei- inger and family to seek another place to reside. Entertained Their Friends Mr. and Mrs. John F. Carper were host and hostess at their home on last Tuesday evening when they en tertained ihe Pinocl" club and where i most pleasant evening was had. Mr. bcyc that Jiey fun and Mrs. Carper demonstrated nd the peradventure of a doubt they were good entertainers, for sure furnished a good evening's for all their friends. Two Good Sales The sales of Albert Snell on last Wednesday, and M. D. Nelson on Tuesday were both good sales. Mr. Nelson will occupy a farm south of Weeping Water, while Mr. Snell will move from the farm where he been living to Weeping Water. has Gets Agreeable Settlement In the case between Herman Dall and the Massie Harris company for damages for the loss of his foot on a defective machine and which was in court, the litigation was settled out of court and the case dismissed at the request of the litigants. Enjoyhflp, a Good Business Anton Auerswald. since having J gotten well located in the new shop. is enjoying a good business and is well pleased with what is coming to him. He is endeavoring to get some of the spring work done so that when the rush comes there will be some who are ready for it and avoid the Inst minute rush that keeps everyone waiting and the blacksmith working 2 4 hours a day to get out the work. Farmers, better see what you will be needing a few weeks hence and brintf it in now when you can get better service. Have an Excellent Time T'nder the direction of the teach ers of the Manley school, the new building which has been under con struction for the past few months and which was completed about a month since, being constructed by the eminent builder and contractor, T. J. Jamieson. was dedicated by an appropriate program and which ser vice was attended by a large number of the patrons and the scholars and friends of education in the commun ity. The school building has been needed for a long time, and with this new structure completed it will af ford better facilities for the educa ticn of the youth of this vicinity.! Following the conclusion of the pro gram there were eats which added much to the pleasure of the occasion. Pulled the Weight John Sheehan demoribtrated the old adage which said that a horse The Hew Shop The New Blacksmith Shop is Now Completed We are working there and are so situated that we can give the best of care to all work in cur line. Spring is coming. Better look after ycur Discs. Plow Lays and Cultivator Shovels now while we are not so busy and can get them out promptly for you. having them out of the v. ay in when the spring rush comes. Wc can serve you better now. Remember, we are equipped to do anything in the Blacksmith, Wood Work or Shoeing line. Anton Auerswald At the New Shoo MANLEY -:- -:- NEBRASKA could not pull a sack of sar d with a thousand feet of rope was wrong. John pulled 1000 pounds of sand at the end of a thousand foot rope and did it easily. Purchases Fire Sows Here W. F. Evers, superintendent of the I Masonic home at Plattsmouth. was j over to Weeping Water and viewed the herd of very fine Chester hite hogs of Fred Rehmeyer and selected two of them to take to the Masonic home, where they will be gether with their pigs, for kept, to they are bred sows, and alter weanir sg the old he others one" kept Will I)0 butchered and I until they have thrown Were Busy All Winter B. Barkhurst and his sori. Eu who make their home northeast gene. of town, and where Mr. Barkhurst has a nicely equipped blacksmith shop, durir.fr the past few weeks have been making over a number of tho Cam implements as well as building hay racks for use the coming sum mer. They re-ently buiit two 3-row talk cutters, which they gave a try- lout last Friday afternoon and found 'them in excellent working order. Celebrated His Birthday Harvey J. Heneg-r. former Platts mouth citizen, where he lived several years after the war and wa? active in i American Legion circles, later going to Wyoming to take a homestead, on January1 20th celebrated his birthday anniversary at the family home near Veleran. Wyoming. Mr. J. H. Hen eger, the father, residing here, was aware of the passing cf the anniver-j sary and had the Journal sent to his BOB for a birthday remembrance, and .vhich will keep him posted about the doings ci Cass county for the en tire coming 3rear. Here is to you, also, Harvey, we are wishing you good health, prosperity and happi ness for the entire family. WOODCOCK SERIOUSLY ELL Binghamton. N. Y. Prohibition Director Woodcock was taken ill af- j ter arriving here Friday to investi gate prohibition enforcement in this area and the alleged bootlegging ac- I tivities of Andrew J. Horvatt. Hor- i vatt. president of the closed State Bank of Binghamtcn. disappeared ; abcut a month ago. Shortages amounting to more than $1,500,000 have thus far been uncjvt-red at Hor- j vatt's bank. Dr. Andrew S. Fritts described Col onel Woodcock as "seriously ill." with a temperature of 1(2 degrees. He said he had not determined defin itely the nature of the illness, but it appared some sort of a grippe in fection. He said he had crdered the prohibition ditector to bed. and Col- one! Woodcock must deny himself to ail callers. Journal Want iids jret results. Manley Co-Operative Grain Assn. BALANCE SHEET December 31, 1930 Current Assets Cash in Manley State Bank Cash on Hand, Accounts Receivable Notes Receivable Inventories Total Current Ar.sets Fixed Assets Lands. Buildings. Equipm-"it Less Allowance lor Depreciat'n Residence Less Al Iowa n e for Deprec iat n Furniture and Fixtures Less Allowance for Depreciat'n Total Fixed Assets 9.865.70 TOTAL ALL ASSETS 122,774.75 Net Worth Capital Stock Outstanding $ 3.650 0) Surplus, January 1. 1930 !17.il7.K6 Profit. Jan. 1. 1930 to Dec. 31. 1930 2.C93.51 $19,711.37 Less: Dividends Paid 1 347. Hn Income Tax 199.13 586.62 Surplus December 31. 1930 $19,124.75 NET WORTH December 31, 130 $22,774.75 Compiled by Lester M. Buckley Certified Public Accourtant Linooln, Nebi. Bank Guaranty Fund Arguments are Concluded United States Supreme Court Has Appeal from Nebraska Special Levies Cite Advertising Washington, D. C. Jan. 2:i. Arg uments in the attack of a group of Nebraska state banks on the validity of special assessments in 192S, 12! and 1930 to meet deficits In stat guaranty funds to protect depositors in failed state banks were concluded today in supreme court. Attorney G'-neral C. A. Sorensen and Special Counsel C. E. Abbott of Fremont. Neb., spoke for the vtAtC in support of the val'dity of the special assessments. Wiiliam J. Hotz of Omaha represented deposi tors in failed banks and Francis H. Caines represented the bank in question. Say Agreed Voluctr.riiy. The plrimiffs yesterday used most jof the time allowed for presenting ! their appeal, when Leonard S. Flans I'jurg of Lincoln asserted the fund was insolvent and contended Mseaa Jments o pay liquidated claims of de positors in failed banks would be a great hardship upon state banks and no benefit to present depositor Counsel for the state and for de positors took the position today that the banln had agreed voluntarily t jabide by the guaranty fund law. had I advertised the supreme court decision sustaining i's validity, had published advertisements .".nd hr;d paid Tor ar jtichs in newspapers emphasizing th bm fits of the law which obtained I (of them large deposits. Denv Fund In solvent. Saying Here was a d'fn it in tin fund at present, counsel for the state ; denied the fund was insolvent. Tbej insisted that special assessments for 'the thre- years in question, with ' :'ssessmer.t.- under the new law of vooM largely meet obligations, j The banks did not silently submit !to the law. the stete claimed, but magnified its benefits to depositorr. and should not be permitted to break their promises. Gaines denied the banks had pre pared nev.pp-.iper publicity 1,-iudinrr the fund. He said the bankers had merely paid the c-;st of publication after the articles were prepared through the state banking depart ment. He told the courr Hie banks had not challenged the special as sessments until they discovered u deficit in the fund. The banks, he explained, objected to paying further assessments, and brought thi6 suit. World-Herald. DRY ACT REPCP.T PLEASES Miami- Ira N. Ornburn. secretary of labor's committee for the modifica tion of the Volstead act. said in a report submitted Thursday to Presi dent Green of the American Feder ation of Labor, "the report of the Wickershnm commission registers dis tinct progre in the return to sani'y and temperance." "While we join In the belief that the commissioners might well have come to a more harmonious position," the report said, "we nevertheless can not fail to be deeply impressed by th" fact that so many seem to have over looked, which is, that of the eleven commissioners only two can be said to understand unreservedly for the present condition. All of the corn n is sioners except two recommended some form of change, raneing from modi fication to absolute repeal Of the eighteenth amendment. We may say, therefore, that the vast majority perha?s ;: totally unexpected major ity record themselves as in favor of our position." Journal Want Ads get the cost is very small. results an ! $ i c . '. -U . 1,430.93 .7!i 463.99 2.403.70 11 2, :"!'"; 7.408.15 L4M 00 300. 00 4 5 1 . 1 :: ISC. 7 8 2.Hti.f 29: