TIIE OMAHA SUNDAY BEE: SEPTEMBER 10. 1911.
Nebraska
BUILDING ASSOCIATIONS GAIN
Secretary Royie Makei Eeport on
Loan Societies.
INCREASE IN ZLS YEARS
SJsaklna;
Board Derrles TraHrarf to
Tlalld la Tfoaborromlaa; Stork
holders' I.Utillltr nil Tft
I Still to Come.
(From a Staff Correspond'"!)
LINCOLN, Neb.. Sept. .-( Special )--trtm.Tr
Royse of the State Banking board
today made the following reiort on build
Inc and loan associations of the state. In
submlttlnn this, the nineteenth annual re
port of the building and loan s-ociatlon
of Nebraska, with such summaries and
comparisons as are ncewaiy to et forth
their condition at the present -time. It Is
but necessary to direct attention to the
fact that the unlnt' rrupted growth and
prosperity of thrse associations still con
tinues without apparent break or check.
tinui
M.00C
Increase In ten years of from around
.000.WO to J2j..A demonstrates the fact
that In the f:n.in ial structure of the state
a place existed for the work of these In
stitutions, and the splendid prowth shown
by this report clearly sustains the wisdom
of the Nebraska financiers, who had to do
with the laying of the foundation of thin
branch of finance, now a potent Influence
for wealth creation In this state.
Test for Kola re.
' Unquestionably It Is true that the crucial
test will come In future periods of depres
si on when the values shrink and prices
fall and the over-confident ray the penalty
of want of reasonable prudence. However,
there Is nothing In the condition of the
associations, as a whole, or the general
character of lliu management that need
cause feerious apprehension that the build
ing and loan a-ftui.iatiotia of the state will
not stand a fri ncial strain equal with
tiher lines of Iju.-iness involving the a-r-
cated accumuiati"n of the people.
' I think It can be safely raid that the
uildlng and lo.,n associations of Nebraska
are a safe and conservative as similar In
stitutions In other states where they have
been long trlwl by all the financial vicissi
tudes that come in cycles of years to make
financial epochs.
"It Is not necessary for me to go Into de
tail to call your attention to the various
rumm
Vltarlj
rVindlt
nstim
summaries set forth In this report, which
rly Indicate the past record, the present
dltlon, and the future promise of these
utions. 1 am pleased to report to your
honorable body that in the supervision of
these Institutions this department finds
the officers of the various associations
usually willing and ready to adopt Its sug
gestions made with a view to assist In con
serving the Interests of the saving and
borrowing members.
o-Borroneri' Liability.
"There la one practice, however, to which
the. department thinks attention ouht to
called, and that is the too prevalent
effort to build up a nonborrowlng stock
holders' liability; this, in the opinion of
the department, la the most apparent In
herent weakness of these associations;
especially la this true in the too energetic
effort on the part of the management of
many associations In building up a heavy
list of full paid stock. This practice Is
not in keeping with the spirit of the law
and la an element of weakness. The Intent
of the law la to encourage thrift by assist
ing the home builder, otherwise known up
the borrowing stockholder, and by offering
a depository for the savings of the Wage
earner, who can spare but a portion of his
Income at regular periods. It Is not the
intention of the law to create institutions
for large Investors who are looking for an
Income Instead of a place to accumulate
eavlngs.
"The department Is exceedingly anxious
ave established a uniform system ot
Iookkeeping by building and loan aesocla
ons, as such a course would materially
Jkts.st In the compilation of statistics in
1j cation to them and would eliminate in
fume Instances crude and unsatisfactory
records of associations. Other minor sug
gettlons might be considered, but are being
taken care ot in the daily relations of the
department with the associations.
The following statement shows the In
creases and liabilities of the building and
lean associations of the state of Nebraska
during the fiscal year ending June 30, 13!1:
ASSETS.
Increases.
Urst mortgage loans JJ.OlO.COs.uO
rirsi mortgage loans in process of
miceiusuro 2 ,3JR
iteal estate M.ils
Iteal estate contracts 76 445.SS
rurnlture and fixtures lMloOi
Cash : 917.tfM.38
j.euno,ueni interest 14,4o7.33
Total Increases....
S3. .101. a
1 ecreaes
Flock loans $ 37.6H.n3
Expenses and taxes paid.
5.472. 12
Other assets
Total decreases
Net Increase of assets
LIABILITIES.
34.4J&.21
....$3.KT.101.S
.... 3.K7.51S.32
Increases.
Capital stock running ,
Full paid slock 1,;xh.M1.2S
Keserva fund K." Pll.t'4
. 1 . . .. . 1 ., ...
Jlemlums unearned .!. 49
Advance interest and premiums.. 2.1tv.4fi
Bills payable 2i.27"i.7
Overdrafts 1.211.57
Total Incifibes
..S3.:4.14H.U
Decreases.
Jiue shareholders on Incomplete
loans $ 15. fit 01
Ailvanced dues J.ict 71
Other liabilities 7.7i6.(iN
Net increase of liabilities.
Total decrease
Total assets In K11
Total assets la MW
Net gain
-S3.5i7.0pA.c
n-.i; 15
K4Af,.2vi !5
21.31'7,?wi.S3
I S rKT7.5!S.a
Uli. l'.'ll. Loss.
Number of loans for building
ins purposes during year. 2.4."S
Number of loans made for
nient of mortgages J10
Totals
S.S4S
4.VO
Number of borrowing stock
holders 19.02 15.73S
Number of nonl-borrow ing
storkholders 35.CT0
Total gain of S.T17.
Reaklrr Corn iif Plans.
DESHLKlt, Neb.. Sept. . (Special )
Great preparations are being made for the
corn show and horse fair. September 1
aod S. O. Hull of Alma will JuJtre com
and lecture on corn culture and Congress
man Sloan will be present. Prof. Oramllcb
f Lincoln will Judge the horses and lec-
on horse breeding. Kit-Governor
enberger will be here. There will b
Uding for the torn and one for the
es. The speaking win te nein in a
nt with a comfortable seating rapacity
la l.iw. 7 wo crass r.anos anu a nauoon
a ik elision for both days are scheduled
Vrchants will give free demonstrations
at the stores.
New Disk Ituildine.
BATTLE CUKEK. Neb.. Sen. . 5e
elii! The tttisens ate bank will erect
i l ew brick bank building which, w hen
f on ; letsd will be one of the finest banking
t -jses in the county.
'."!; :-w tank and lower house of the
t t ...it.T woikt U nearly completed and
tot. .ui' will be luri-cd into lh u.i.1.4
la a few a;a.
V :re
f hal
c
Omaha Man Heads Y. M. C. A.
Work at North Platte, Neb.
Kundy A. Kerr, for the last last
two years asrtstant s-cretary of the
Omaha Young Men's Christian asso
ciation, has Just been appointed gen
eral secretary of the North Platte.
Neb., branch of the assentation, an
organization consisting of some W
members. He will succeed J. F.
Macabte, another former Omahan,
at North Platte. Macabee goes into
the ministry.
Kerr Is an Omaha young man, 3
years of age. who went Into the
Omaha Toimx Men's Christian asso
ciation from the Vnlverstty of Ne
braska and in the two years be has
ben working there has made a
most successful "Y" man. His work
In Omaha has been very general in
Its scope and has fitted him well
for his new position.
The North Platte Young Mens
Christian association consists of both
a railroad and city association. The
town Is a division point of the Vnlon
Pacific and there are shops of that
line located there. Mr. Kerr plans,
if possible, to enlarge these branches
of the organisation and to upbuild
a school branch. Mr. Kerr leaves
Omaha on Monday.
MISS MURPHmRELIMINARY
Young Woman Accused fit Inciting
Murder Before Lower Court.
WILL DENY INTENT AT CRIME
Defendant Asserts Complained of
Attentions of Sellers Merely and
Did Notblna; Farther to
I re Men to Deed.
VALENTINE. Neb. Sept. t. -(Special
Telegram.) MlM Eunice Murphy, charged
with Inciting the murder of Charles Sellers,
a ranchman of Cody, June 17, was given
her preliminary hearing 'today and bound
over to district court and denied ball. The
accused young woman was very composed
in court and smiled throughout the trial.
The state Is represented not only by
County Attorney John M. Tucker, but by
M. F. Harrington of O'Neill, whom the
county commissioners engaged to aid In
the prosecution of the four men charged
with the murder and of the girl, charged
with complicity. The defense is In the
hands of Tyrrell & Morrissey of Lincoln
and V. P. Ke'.ley of Independence, Mo.
Mr. Kelley and Mr.- Morrissey were in
charge of the girl's case today.
The state alleges that It has evidence
enough against the girl to secure her bind
ing over to the October term of the district
court, at which time the four men now in
Jail are to be tried. Miss Murphy, on ad
vice from her attorneys, has had little to
say since she returned from Missouri and
gave herself up to the authorities. The
entire country Is Intensely interested in
both the trial of the girl and of the four
men. George B. Weed. Alma Weed, Harry
Heath and Kenneth Murphy, all of whom
have admitted- that' theJJjung Belters t a
telephone pole.
.Natare of Defense.
The defense In the Murphy bearing con
tends that the girl had nothing to do with
the killing, that she only complained to
her brother and the other men that Sellers
had been unduly annoying to her. The
state has two witnesses ot importance,
neighbors of the Murphy girl, to whose
house, according to the charges, she went
and tried to persuade the man to go over
to the bank and secure for her the papers
which Sellers had deposited there. They
are ready to testify, it Is said, that she
wanted these papera for herself. This lat
ter fact the defendant will deny.
The state has another witness of Impor
tance. This is the young girl who testified
at the civil hearing, where depositions
were taken, and told some things concern
ing Miss Murphy's connection with the
case that do not look well for her. The
case In question was a civil suit for S10.000
brought against the four men. Depositions
were to be taken and the Heath family,
relatives and all, were subpoenaed to
testify. All of them refused to answer on
the ground that they might Incriminate
themselves, except this 17-year-old girl.
who persisted in making a clean breast of
what she knew.
Woman, of Twenty-Three.
Kunlce Murphy Is only 23 years of age.
She possesses some property in Cody and
the neighborhood. Sellers, the murdered
man, is reported to have been worth
110.000, and the families of Heath and
Murphy have the money to defend the
case with vigor.
The Heaths and the Murphys are re
CATARRH OF GLADDER A!1D KIDIIEYS
A FREQUENT AND DREADED DISEASE
Pres. Newhof Promptly
Relieved b;
O. B. Newhof, 10 Delaware street,
Albany, N. Y.. President MonteHore
Club, writes:
"Since my advanced age I find that
I have been frequently troubled lth
urinary ailments.
"The bladder seemed Irritated, and
my physician said that It was catarrh
caused by a protracted cold which
would be difficult to overcome on ac
count of my advanced years.
"I took Peruna, hardly daring to be
lieve that I would be helped, but I
found to my relief that I soon began
to mend.
"The irritation gradually subsided
and the urinary difficulties passed
away.
"I have enjoyed excellent health now
for the past seven months.
"I enjoy my meals, sleep soundly
and am as well as I was twenty years
ago. 1 give all praise to Peruna."
Liver and Kidney Trouble.
Mr. G-orge Forrester, 2747 Mascher
street. Philadelphia. Pa., writes: "We
have treat faith in Peruna.
My wife's condition was such that
she thought she would die, as the doc
tors could not help her dyspepsia and
catarrh of the stomach. Now she can
eat anything. We keep Ptruna in the
houte all the time, but it Is only once
in u while that she needs to use It.
"I was subject to liver and kidney
trouble, which resulted in rheumatic
pains, but I have not had a pain since
1 took Ptruna. and very little liver
t!-cub:c, as Ptruna kec;s the digestive
orgbus in coed working order, and that
la the mala thins."
( : -X,
DUNDY A. KERR.
lated by marrlace In a rather mixed up
manner. Harry Heath Is reported to have
told everything that occurred and he is
likely to be used as a witness by the state
w hen the trial of the men comes up. Heath
and the two Weed boys are between 25
and 39 years old, but Murphy Is but 18.
Mat as of Murder Case.
In the murder trial that is to come off
in October unless the defense can secure
a continuance, the defense Is confronted
with the fact that all four of the men
admit that they strung Sellers to the tele
phone pole. Two lines of defense are open,
the one, that Sellers threatened to kill the
four men and that they acted In self de
fense, the other, that of emotional In
sanity. Sellers was unarmed and In bed
when Alma Weed Is said to have .rushed
In and dropped a gun on him. No overt
act on his part at the time of the tragedy
has been shown by the defense.
The state will try to prove that all three
men with Eunice Murphy's brother on the
noght of the hanging were enamored of
the girl. The defense will attempt to
show that Sellers was so badly In the
same state that he was dangerous to all
the others, andthat he had told Hutch
Jack that he would "get them." The four
men are said to hare argued, after the kill
ing, that Sellers had threatened them.
they believed they had a right to hang
him without any other grounds.
Miss Bassett Gets
Even With Accuser
Fremont Girl Arms Henelf with a
Pin-Loaded Umbrella, , Using it
on Sankey's Head.
FREMONT, Neb.. Sept. a Armed with
an umbrella filled with long pins. Miss
Grace Bassett of this city avenged
slight on her reputation yesterday after
noon by beating M. T. Sankey of Lin
coln, a city employee.
Sankey is said by the girl to have been
spreading a story about finding Miss
Bassett sitting In a young man's lap.
When confronted by her he denied the
story and turned away laughing. Miss
Bassett fell upon him from behind and
belabored him with the umbrella, the pins
severly lacerating bis flesh.
Fnneral of A. G. Carlson.
GOTHENBURG, Neb.. Sept. . (Special.)
The funeral of A. G. Carlson, who died
at Pheonix, Ariz., September 1, took place
Wednesday at the home of E. G. West,
Mrs. Olsen's father. The funeral sermon
was preached by Rev. Mr. Sheppard of
the Presbyterian church and services at the
cemetery were conducted by the Benevol
ent Protective Order of Elks lodge of
North Platte, of which Mr. Carlson was
a member. He also belonged to the Ancient
Order of United Workmen and the Modern
Woodmen of America lodges. Mr. Carlson
was born In Iowa in 1&4 and came to
Gothenburg in ISM with his brother.
Airship Fllicht at Xellah.
NELIGH. Neb.. Sept. . (Special.) The
first airship flight in this vicinity occurred
Friday at Riverside park. C. F. Walsh of
Omaha made two ascensions in his biplane,
circling far to the south and east, nearly
to Oakdale and back over Neligh, alighting
at his starting place. During his second
flight he sailed over the town at an alti
tude of from 1.000 to L200 feet. The exhibi
tion was given by the citizens of Neligh
as a free entertainment to all who would
come, and the people from neighboring
towns turned out in large numbers.
Pe-ru-na Contains no Narcotics.
One reason why Peruna has found
permanent use in so many homes is
that it contains no narcotics of any
kind. Perun is perfectly harmless.
It can be used any length of time
I r I . .: ,..:::..:.: .:: 'i
!; I ""V !;
; ' - ;
1 ! f .--.i 1
j: -.0-- - :
! ; PRCS. C & KCWHOr. i
1 any lengm or time ' fli Tv -w- -a T T I
awilhe Bee Prints the News)
without acqmr
runa is verm a
a household
million, homes.
Nebraska
PAROLE FOR SALINE JUDGE
Monthly Report of Warden Showi
Hendee Granted Clemency.
OlfE DOUGLAS MAN PARDONED
Xr Law EaaOOTera Prison Officii
Tay Dlx-barced Coarlrta Tea
Dollar, bat t Approprla
tloa Is Made.
(From a Staff Correspondent.
LINCOLN, Neb.. Sept. .-Speclal.) The
monthly report of Warden Delahunty of
the state penitentiary shows that Judge
Hendee of Saline county, serving a sen
tence of fire years for embecslement, was
paroled during the month of August.. Two
prisoners were pardoned. Jesse McCoy of
Clay county and McPhail of Douglas
county, the latter having been sent to the
pen for several forgeries which he com
mitted at Omaha about two years ago.
The latter was suffering from an Incurable
disease, while McCoy was troublrd with a
weak heart. McCoy soon after his release
from the institution was found dead In a
I local street car.
August 1 there were, 9 prisoners at the
penitentiary and at the close 42 prison
ers. Twenty-two prisoners . were dis
charged during the month by reason of
tne expiration of their terms, two were
pardoned, one paroled and three were re
manded for trial.
To each of the discharged convicts War
den Delahunty gave to In nash. A new
law enacted by the late session of the state
legislature provided that this amount
should be Increased to S10. but the same
session failed to make an appropriation
therefore, and the warden has accordingly
been compelled to cut the statutory amount
in two.
Gate receipts at the state penitentiary
for this month will be large, according tc
Warden Delahunty's prediction. This is
Vje to the fact that I large number of
state fair visitors called and paid 10 cents
admission. During August the receipts
were S148.M. At the beginning of the
month there was STS1.23 In the cash fund
and the warden paid $417.50 to the state
treasurer, leaving a balance of $193.61 on
hand at the close of the month.
INJURED BY FREIGHT TRAIN
Fred Forbes of Barllnaton, N. Y..
Thrown Vnder Wheel of Car
at Broken Bow.
BROKEN BOW, Neb.. Sept. . (Special
Telegram.) While trying to board a
freight train in the Burlington yards, at
noon today Fred Forbes, 33 years of age.
was thrown under the wheels and badly
mangled. He was previously aboard the
train and jumped from It In order to
rescue his hat which had blown off. The
injured man was rushed to the hospital
where amputation of the right leg was
found necessary. The back, of bis .lead
was also badly lacerated. Forbes was
beating his way from Montana to
Rochester. N. Y., In order to see his
mother. The man is in a precarious condi
tion.
YOUNG GIRL DROPS DEAD
Miss Florenee E. Blsehel, Foarteen
Years of Ae, Baddenly El
' plrea at Kearney.
KEARNEY, Neb.. Sept. f.-Bpeclal Tele
gram.) Miss Florence E. Bischel, a 14-year-old
school girl, living eight miles
northeast or nere aroppea aeaa ai nor
home this morning of heart failure. She
had apparently been In the best of health
and yesterday registered here with the in
tention ot attending the Kearney High
school.
Oat After Trade.
NORTH PLATTE. Neb.. Sept. t. (Spe
cial.) The North Platte excursion up the
North River valley of the Union Pacific,
which was to have been conducted on Sep
tember 13 and 14. has been changed to
September 27 and 28. A special train has
been chartered, which will leave here Sep
tember 27 and go to Sidney, thence over
the Burlington to Bridgeport, and then
west along the North River valley to
Mitchell, and then back along the North
River valley to North Platte.
A Life Sentence
of suffering with throat and lung trouble
is quickly commuted by Pr. King's New
Discovery. 60c and $1.00. For sale by Beaton
Drug Co.
E. 171. JONES
PIANO
TTTTS Ml-M BOTD TUitlB.
INTEREST Id TIIE
HEAL DRUIK CURE
GROWS V0RLD-V1IDE
Requests for Literature
From All Parts
LOCAL NEAL INSTITUTE PART OF
THE GREAT WORK.
Reports of the wonderful work being
accomplUned by the Real Three Day
Drink Curs coma from ail parts of the
United States and foreign countries. The
treatment Is being accorded international
recognition. After peraor.al investigation
it has the endorsement and recommenda
tion of Government Officials, famous Law
yers. Judges, Bankers, Medical men and
profeasional Nurses and all others who
have investigated.
An excensive drinker ran enter the Neal
institute, take the Neal Treatment, and at
the end of three days ha will leave the
place no longer a alave to appetite, but
master of himself and all craving and de-
' sire for liquor absolutely gone.
I The treatment consists of the adminis
tration of a perfectly harmleat and purely
vegetable medicine, taken Internally and
without hypodermic Injections. The
treatment and the method of lta admtnio
tration are nronoum ed and conceded by 11
who have Investigated to be one or
marvels of the medical world.
the
Cowan
at
Orchard & WilheWs
THERE is no other furniture in the
world just like Cowan CabinetWork.
It is furniture to live with and to
get acquainted with to have and to pass
along to those who are worthy of it.
In design, it is the product of the "golden
periods" of furniture designing in construction,
it is superior to any other furniture of the past
Cowan Cabinet Work is made in more than a
thousand patterns, all in solid mahogany, and is
the only line' of fine furniture made in sufficient
variety to furnish an entire home completely.
It is now on special display at our store, as a
separate line, distinct from all other furniture,
and to those of cultivated taste it is an exhibition
well worth the time necessary to see it. The
entire public is cordially invited to inspect and
enjoy without obligation.
Orchard
Carpet
414 -
Ua
I
STOVES
Milton
1515 Harney Street.
rzznczzzzz
and Information Come
of the World.
Dr. Benjamin E. Neal discovered and
perfected the Drink Habit Cure which
bears his name after many years of pro
fessional nnd pui.btukwir study, experi
ment and investigation. He demonttrxted
and proved that the drink hul.il. tiixtead
of being a disease or an inherited afflic
tion, i- due to atored-up puiaon in the
system, resulting rron: me continued and
excessive use of alcohol. The Neal Cure
antidotes, neutralizes and eliminates all
this polaon from the system, and all de
sire, craving and appetite for drink are
at once destroyed. The result is accom
plished in :nree days' time
The Neal Cure is backed by millions of
dollars and managed by suet et ul. con-
kervatlve bualne. and piufesiunal men
and maintains institutes in all large cit
ies. If you are a drinker and want to be
rid of the haDit, or If you have a relative
or dear friend so affected. Investigate. If
satisfied, accept the opportunity offered
Kor advice and information call, write or '
phone the Neal institute, IS1' South j
Tentn street. Omaha, Neb. I
Week
W
Company
16 - 18 South Sixteenth Street
ti-A'h
loves and Etanges
The standards of the world, sold by us over 20 years In
Omaha, have proven to be unsurpassed for efficiency, fuel
economy and durability. Why experiment, when we sell the
best stove made at prices that challenge comparison?
Examine these before
you buy.
Radiant Home
Cook Stoves
$23.00
Radiant Home
Cast Ranges
$28.50
Radiant Home
Steel Ranges
Special
$3700
Oil Heaters
$3.45
AND RANGES SOLD ON
Rogers & Sons Co.
Next to City National Bank. 1515 Harney Street.
One Way Colonist Fare to
Pacific Coast
September 15 to October 15 Inclusive
FIRST THEEE COLONISTS TRAINS DE LUXE
SEPTEMBER 16, 17, 18
Fast Schedule
Dining Cars Reduced Price Meals
Smoking and Lounging Car
Victor-Victrola Concerts N
Via
Union Pacific
Standard Road o! the West
Prottcted by Electric Block Signa's
For literature and information relative to fares, routes,
reservations, etc., call on or address
rTTjHTtS
L. BEIND0RFF, C. P. & T. A.,
1324 Farnam Street, Omaha, Nebraska.
Phones Doug. 1828; Ind. A-3231.
Miniejiinni
I
(16)
L
t4
Saw
PAYMENTS
N
ail, mmm.a 11 1 immii imnnniin 1.111
mit mm
m u as u ma mm as saar bur isb k
3
