0
tmp fiFMI.WFFKLY TRIBUNE, NORTH PLATTE, NEBRASKA.
The Federal Farm Loan Act
Synopsis of Its Salient Features Prepared
by H. M. Hanson, Secretary-Treasurer Farm
Mortgage Bankers' Association of America
V.
FEDERAL FARM LOAN ACT
Passed by the House of Representa
tives and the United States Sen
ate June 27 and 28, 1916,
Respectively.
Signed by the President July 17, 1916.
3. Provides for a federal lnntl bnnk
system In the continental United Stntcs
(exclusive of Alaska), dividing the
country into twelve land bank districts
composed of whole states.
3. The system Is operated as a bu
reau of the United stntcs treasury de
partment and supervised by the fed
eral furm loan board. The secrctnry
of the trensury Is ex-ofllclo clmlrm.m
of the board with four other members
Appointed by the president for eight
yenrs at an annual salary of $10,000.
One member la designated farm loan
commissioner and Is the active execu
tive olllccr.
3 Appointees of Board: (u) Farm
loan registrar for each laud bank dis
trict and
(b) Ono or more land appraisers for
each bind bnnk district. Salaries paid
by federal land bank or joint stock
land bank for which they act.
(c) Laud bank examiners; salaries
paid by the United states.
(d) Attorneys, experts, assistants
and other employees to be paid by the
United States.
17. Powers of the Board: (a) To
organize and charter federal land
banks, Joint stock Innd banks nnd na
tional farm loan associations..
(b) To review and niter the rate of
Interest to be charged by federal land
banks for loans.
(c) To approve or reject any or all
loans for bond Issue and to grant or
refuse any specific issue of farm loan
bonds of federal laud bunks and joint
stock land banks.
(d) To regulate charges for ap
praisal, examining titles and record
ing. (e) To appraise laud securing mort
gages for bond Issue.
(f) To exercise general supervisory
authority over the federal land bunks,
farm loan associations and joint stock
land banks.
30. The farm loan commissioner
shall examine the laws of every state
and If on examination tlio laws of any
state arc shown to afford Insuillclcut
protection to holders, its mortgages
shall be declared ineligible under this
act during the continuance of the inws
In question.
32. The secretary of the treasury Is
authorized to deposit United Stntcs
funds in fcdernl Innd bunks at current
government rates of interest, tho ag
gregate of such funds not to exceed
$0,000,000 at any one time.
FEDERAL FARM LOAN BANKS
ORGANIZATION.
Section 4. One in each Innd bank
district Branches permitted within
its district. Olllcers: President, vleo
president, secretary nnd treasurer; dl
rectors; slx representatives of farm
loan associations and three represent
ing the public Interest. Attorneys, as
sistants, experts and other employees,
All salaries fixed by fnrm loan board
and paid by bank. Subject to scmlnn
mint examinations by land bank exam
iner.
CAPITAL STOCK.
Sec. G. $750,000. May be owned by
Individuals, firms, corporations and tho
United States and state governments.
Sec. 5. Shares, ?5 each.
Sec. G. All stock remaining unsub
scribed 30 days after subscription
books are opened shall be subscribed
by tho United States nnd thereafter
only the United States government and
borrowers may acquire shares of stock.
Sec. 5. United States government
not to participate In dividends. All
other stockholders share dividends
equally.
Sec. 5. Ttip original capital stock
shall be gradually retired nfter the
stock hold by farm loan associations
shall amount to $750,000.
Sec. 5. Not less than G per cent
of capital shall bo Invested In United
States government bonds. ,
POWERS.
Sec. 13. To buy flrst farm mort
gages within Its district and to Issuo
and sell furm loan bonds.
Sec. 13. To receive from fnrm loan
associations Interest and amortization
payments ou mortgages nnd farm loan
bonds.
Sec. 13. To acquire and dispose of
real and personal property necessary
for the convenient transaction of bus!
ness; and land taken In satisfaction of
debts or purchased under Judgments,
decrees or mortgages held by It. Shall
not hold title exceeding five years.
Sec. 13. To accept deposits of se
curities or current funds from member
associations but pay no Interest thcrc
ou. Sec. 13. To borrow money on se
curity and pay Interest thereon.
Sec. 13. To buy nnd sell United
States bonds.
See. 13. To appraise lands for bond
Ktiit! nnd to charge applicants nnd bor
rowers the cost of land upprnlsnl, ex.
ntiiliilug titles, recording and other le
gal fees, said fees to bo puld In cash
or be made part of loan nnd paid In
amortization pnymcnts.
Sec 14. To accept mortgages only
from farm loan associations nnd ap
proved agents.
Sec 14. To nccept deposits of cur
rent funds only from Its stockholders.
Sec. 0. To becomo financial agents
of United Stntcs government and de
pository of public money. Public de
posits cannot bo Invested In tuort
gages or fnrm loan bonds. -
Sec 13. To deposit Its securities
and current funds subject to check
with nny member bnnk of the federal
reserve system und to receive lutorest
thereon.
BONDS.
Sec 20. Issued In series of $.10,000
or more. In denominations of $25, $50,
$100, $500 nnd $1,000.
Sec. 20. May bear a mnxlinum rate
of 5 per cent Interest per nnnum.
Sec. 10. Mortgages and United
Stntcs government bonds equal In
amount to tho fnrm loan bonds Issued
nro retained as collateral security by
the lund bnnk registrar.
Sec. 14. Tho outstanding fnrm loan
bonds shall not exceed 20 times tho
capital and surplus:
Sec. 21. Shall be gunrnnteed by
bank of Issue und all other federal land
banks.
Sec. 17. No Issuo Is authorized
without tho approval of the farm loan
board.
Sec. 22. Substitution of mortgages
and United States government bonds
held ns collateral to farm loan bonds Is
permitted.
TAXATION.
Sec. 20. The capital stock, sur
plus, mortgages and farm loan bonds
and all Incojne derived therefrom are
exempt from federal, state, municipal
and local taxation.
Sec. 20. Ileal property taken nnd
held Under the provisions of sections
11 und 13 Is not tax exempt.
AGENTS.
Sec. 15. Incorporated banks, trust
companies, mortgage companies or
chartered savings Institutions may act
as ngents for federal land banks If no
farm loan association has been formed
In n given locality after ono year.
Sec. 15. Borrowers securing loans
through agents nro required to sub
scribe 5 per cent of the loan to the
capital of the federal land bnnk.
Sec. 10. Agents nro entitled to a
commission of one-linlf of 1 per cent
per nnnum on unpaid principal of each
loan they negotiate and the bank shall
pay agent for nctual expenses for up
praising land, examining titles, exe
cuting nnd recording tho mortgage pa
pers which shall be added to the face
of the loan.
Sec. 15. Agents shall Indorse nnd
become liable for the pnyment of tho
loans they negotiate Und the aggre
gate unpaid principal of such loans
shall not exceed ten times the agent's
capital and surplus.
Sec. 15. Agents are required to
make good any default within 30 days
after notice.
Sec 15. All collections mado shnll
be remitted without charge.
SPECIAL PROVISIONS.
Spc. 22. Amortization and other
payments constitute n trust fund to be
Invested ns follows:
(a) To pay off maturing farm loan
bond Issues.
(b) To purchase farm loan bonds.
(c) To lend on flrst farm mortgages
within the district.
(d) To buy United States govern
ment bonds.
Sec. 23. Reserve nnd dividends: No
limit Is placed on dividend distributions
nfter a reserve account hns been built
up from earnings equal to 20 per cent
of tho capital stock and after G per
cent of tho net enrnlngs nnnunlly
thereafter are added to tho reserve ac
count
Sec 23. Reserve funds to be Invest
ed ns prescribed by tho federal farm
loan bonrd.
Sec. 27. Farm loan bonds nro lawful
Investments for fiduciary and trust
funds and security for all public de
posits.
Sec. 27. Federal reserve bank may
buy and sell farm loan bonds.
Sec 20. Provision Is made for dis
solution and tho appointment of a re
ceiver.
Sec 14, No commission or charge
not specifically authorized in' this act
shall be demanded or received.
NATIONAL FARM LOAN ASSOCI
ATIONS
ORGANIZATION.
Section 7. Ten farm owners deslr
Ing lonns aggregating $20,000 or more
may form such nn association.
Sec. 7. Its nffnlrs aro administered
by five directors, Including president.
vice president and a loan cotnmlttco of
three serving without compensation,
nnd by a secretary treasurer with sal
ary fixed by the farm loan board and
puld by the association.
CAPITAL STOCK.
Sec 8. Shares. $5 each; (0) carry.
Ing doublo liability; (8) may be owned
only by borrowers who nre required to
tiubscrlba G per cent of their loan In
Hie cnpltal stock of tho association
which In turn subscribes nn equal
amount of stock In the federal land
bnnk.
Sec. 8. Shares are paid for In cash
or (0) tho nmount mny be added to tho
face of tho loan and retired In nmortl
zntlon payments nfpnr. In such case
tho face of tho loan shall hot exceed
the CO per cent nnd 20 per cent lim
itation. Sec 7. Assessment on shnrcs mny
be levied for operating expenses If
funds nro not otherwise avnlluble.
POWERS.
Sec. 10. To appraise land for mort
gage through Its loan cotnmlttco of
three
Sec ?1. To Indorse nnd becomo
liable for tho mortgages of Its share
holders.
Sec. 11. To receive and deliver tho
proceeds of loans to borrowers.
Sec. 11. To ncqulro nnd dispose of
property necessary for (ho convenient
transaction of Its business.
Sec. 11. To Issue certificates of de
posit foi not longer than ono year and
to pay 4 per cent Interest thereon.
convertible Into fnrm loan bonds at tho
federal land bnnk of Its district.
Sec. 7. To receive and transmit to
the federal Innd bank payments ot In
terest nnd prlnclpnl nnd amortization
payments. '
LOANS.
Sec. 12. Loans shnll be secured by
first mortgages on lund within Its- laud
bnnk district
Section 12. To run from 6 to 40
yenrs with nmortlzation and with nd-
dltlonnl optional prepayments after
five years.
Sec 12. Interest on lonns shall not
exceed 0 per cent per annum on tho
unpaid principal , ,
Sec. 12. Borrowers shall pay 8
per cent simple Interest on defaulted
payments.
Sec. 12. Loans mny bo made for tho
following purposes nnd for no other
under penalty:
(a) To purchnso land for ngrlcul-
tural purposes.
(b) To purchase equipment, fertll
Izer nnd live stock for the operation of
the mortgaged farm.
(c) To provide buildings nnd for the
Improvement of farm lands.
(d) To pay debts existing nt time of
organization of the llraj national farm
loan association within Jhe county.
Sec 12. Maximum loan $10,000;
minimum loan $100.
Sec 12. No loan shall exceed 50 per
cent of thevnluoof tho Innd mortgaged
and 20 per cent of tho pcrrannent In
sured improvements.
Sec. 12. No loans shall be mndo to
any person who Is not nt tho time or
shortly to become enguged In the culti
vation of tho farm mortgaged.
Note. All applications for lonns
orlginnto with tho national farm loan
associations or agents and nil lonns nro
made and closed by tho federal land
banks. This does not apply to Joint
stock land banks.
TAXATION.
Sec. 20. Snmo as applies to fcdernl
land banks. f
SPECIAL PROVISIONS.
Sec 0. Assoclntlons may retain as
commission one-eighth of 1 per cent
semiannually from Interest payments
on tho unpaid prlnclpnl of lonns.
Sec. 0. Associations mny borrow
from federal land banks nt 0 per cent
annual Interest up to one-fourth of Its
totnl stockholdings In said bnnk.
Sec 24. Reserves nnd dividends:
No limit Is placed on dividend distri
butions nfter the reserve nccount built
up from net eurnlngs equals 20 per
cent of the capital stock and after 2
per cent of the net earnings annually
thereafter nro added to the reserve ac
count. Sec. 25; Defaults must be made
good within 30 days after notice.
Sec. 29. Provision Is mndo for dls
solution nnd tho nppolntmcnt of n re
ceiver.
JOINT STOCK LAND BANKS
ORGANIZATION.
Section 10. A prlvnto corporation
subject to tho requirements under this
act which may bo formed by ten or
moro persons with n board of director's
of five or more.
Sec 10. May operate within the
stato In which Its principal olllcc Is lo
cated and within somo ono contigu
ous state.
Sec 28. Subject to semiannual ox
amlnatious by the federal land bank
examiner.
CAPITAL STOCK.
Sec. 10. $250,000 minimum.
Sec 10. Double liability of share
holders.
Sec 10. The United States govern
meat shall own none of tho shares of
stock.
Sec 10, No farm loan bonds can bo
Issued until the capital stock Is fully
paid, although the bank may begin
business when onc-hnlf of the capital
Is subscribed and paid In cash,
POWERS.
Sec. 10. To lend money on fnrm
mortgage security.
Sec 1(1. To Issue and sell farm lonn
bonds.
Sec. 10, To Issue fnrm loan bonds
up to 15 times the amount of Its cnpl
tal und surplus.
Sec. 10. Except ns otherwise pro
vlded It bus the powers of and sub
Ject to the restrictions Imposed on
federal land banks.
PRIVILEGES.
Sec 10. May lend more than $10,000
to any one borrower, but not beyond
50 per cent of the value of tho land
nnd 20 per cent of the permanent In
surcd Improvements.
Sec 10. Loans are not restricted to
tho purposes prescribed for nattonnl
fnrm loan associations.
Sec. 10. Loans may bo mndo to
farm owners regnrdloss of whether en
gaged In cultivation of tho land niort
gnged or not
Sec 10. Interest on loans chRll not
exceed' inoro than 1 per cent, tho In
terest rato established for Its last scries
of bonds, nor moro than 0 per cent In
nny case
Sec 10. Commissions or other
charges not specifically authorized by
this net shall not bo demanded or re
ceived. BONDS.
Sec 20. Issued In scries of $50,000
or more, In denominations of $25, $50,
$100. $500 and $1,000.
Sec 20. May bear maximum rate of
G per cent Interest per annum.
Sec 10. Bonds shall bo so engraved
ns to ho readily distinguishable from
federal land bank bonds.
Sec. 10. Mortgugca and United
States government bonds equnl In
amount to tho farm loan bonds Issued
nro retained as collateral security by
the laud bank registrar.
Sec. 17. No Issuo Is authorized with
out the approval of tho farm loan
board.
Sec. 27. Federal rcservo bunks nro
authorized to buy nnd sell tho bonds of
Joint stock Innd banks.
Sec. 22. Substitution of mortgages
and United Stntcs government bonds
held as collateral to farm loan bonds Is '
permitted. '
Sec. 27. Its bonds nro lawful Invest
ments for fiduciary and trust funds
und security for nil public (Jepdslts.
TAXATION.
Sec 20. Tho cnpltal stock, surplus
und enrnlngs nro subject to the taxing
powers of tho state.
Sec 20. Its mortgnges executed un
der this net und Its farm loan bonds
and all Income derived therefrom nro
exempt from federal, stnto nnd munic
ipal nnd local taxation.
Sec. 20. Real property taken and
held under tho provisions of sections
11 und 13 Is not tnx exempt. y
SPECIAL PROVISIONS.
Sec. 0. Joint stock land banks nro
Nando public depositories und financial
agents ot tho United Stutes govern
ment. Sec 0. Public deposits cannot bo In
vested In farm mortgages or In fnrm
loan bonds.
Sec 10. llntos of Interest for loans
under 0 per cent are not subject to
review or alteration by the farm loan
board.
Sec. 13. Shall recclvo no deposits
oxcept public deposits.
Sec 22. Amortlzntlou and other
payments constitute a trust fund to bo
Invested ns follows:
(u) To pay off Its mnturlng farm
loan bonds.
(b) To purchnso farm loan bonds.
(c) To lend on first mortgages with
in Its prescribed field.
(d) To purchaso United Stntcs gov
ernment bonds.
Sec. 23. Rescrvo and dividends pro
vided for ns In tho enso of federal land
banks.
Sec. 20. Provision Is mado for dls
solution nnd the appointment of a re
ceiver.
THIS DEALER HAD REAL TACT
Stout and Thin Customers Use Special
Mirrors In Wearing Apparel
Establishment
A dealer In wearing nppnrol, noticing
that his stout customers and his very
thin customers often were sensitive ns
to their figures, installed two full
length mirrors of special design, says
Popular Mechanics magazlno. One was
slightly concave and the other slightly
convex. When n stout customer tried
on n suit sho was led to the concave
mirror for self-Inspection, and was ablo
to bco ner uguro ns it wouiu nppcnr
with Its measurements reduced. When
a thin persdn came In to try on clothes
she was taken to tho convex mirror,
... .
whero the opposite effect was pro-
(laced.
Only Moistened His Lips.
Omor Scudder, a Columbus real es
tuto nnd lnsjraucc agent, told somo of
the other business men who hnvo of
(Ices In the Bassett building that ho
was hot They agreed that they were
just ns hot as he was.
"1 can cat all tho Ice cream you
fellows nre willing to buy," Scuddor
declared.
Tho others made up GO cents and
sent out for n half gallon of cream.
They had a notion that Scudder would
eat about a quart' after which they
would divide the remaining quart
among themselves. Scudder surround
ed the entire half gallon of Ico cream,
smacked his Hps and asked them
whether they were not going to got
liltn enough Ice cream for n real taste.
The business men looked nt each oth
er, smiled sickly and returned to their
places of business. Indlniuipolls
News.
The Three Philosophers.
For the first time In their lives
three genuine, simon-pure plillos-
option went out riding In n motor cnr.
After they had ridden about twenty
miles out In the country the car broke
down. Said the first philosopher: "I
have long wanted to study certain as
pects of nature, ami this affords me
the particular prospect 1 most nd
mire." Snhl the second philosopher:
"I observe there Is a fannhouso over
there where food can doubtless bo ob
tained In sufficient quantities." Snld
the third phlloxoplier: "I have long
wanted to be In a situation where,
without moving, sustenance would be
brought to mo by one friend, while
the other discoursed on tho beauties
of nature." Life.
NEBRASKA
STATE WE W S 1
DATES FOR COMING EVENTS.
Aug. 17-27 Sovonth Day Advcntlata
Conforonco nt Hastings.
Aug. 17 to 20. Blonnlal Nobraska
Snongorbund foatlvnl at Grand Is-
land. .
Aug, 21-25 Mo. Vnlloy Photographers'
Association Convention nt Lincoln.
Sept. 4 to 7. Nobraska Stato Fair at
Lincoln.
Sept. 12.10 Control Nobraska Fair at
Grand Island.
Sopt 13. Annual Convention Stato
Federation of Labor at Fremont.
Sopt. 13 to 15 Old Settlors reunion
nt Mitchell.
Sept. 17-22 Womon'B ChrlBtJnn Tem
perance Union annual convention nt
Omnho.
October 2 to 7-Natlonal Swlno Show
III Ulimiin.
uciouor xi'iz sinio Aiccung unum
Lodgo Dcgrco of Honor nt Lincoln.
October 17-201. O. O. F. Stato Con
vention nt Lincoln.
Intorstato nnd transcontinental nu
tomobllo traffic through Nebraska via
tho Omahn-LIncoln-Donver highway
has Increased more than 200 por cent
recently according to Hastings garngo
mon who say tourists claim tho dusty
condition of tho Lincoln highway fol
lowing grading work makes It rutty
nnd almost Impassible.
A largo posso ot farmers and poo-
plo of Sldnoy, Sunol and Lodgcpolo
captured two men, following tho rob
bery of tho Farmers' Stnto bank at
Sunol nnd tho killing of two farmers
taking part in tho pursuit, of tho rob
bor. Tho robber secured $1,200, which
was Inter recovered.. Ono of tho men
captured, identified ns tho bandit by
tho cashier of tho bank, gavo his
nnmo as II. G. Lukons ot Imunont,
Colo,
Tho largest salary paid nny minister
in Polk county, and, In fact, ono of
tho most iiubstnntlal salaries paid a
nnitm. In H,A -Into mial,1n 1n inrirnr
cities, has' beon offorcd by tho Eden
Baptist church of Stromsimrg, and
accepted by tho formor Baptist rain
lBtor of North Platte, tho Rov,
John L. Barton.
Clifford Tuttlo, nbout 30 years of
ngo, wna ahot nnd almost Instantly
killed by hia divorced wlfo at Scotta
bluff. When taken Into custody, Mrs,
Tuttlo Bhowod no romorao and when
Interviewed at tho jail rofused to talk,
oxcept to any that alio had good rca
sons for shooting him and would
prove It In court.
A number of dairies In Omaha havo
announced an lncreaso In tho price of
milk. Tho Alnmlto dairy, ono of tho
largest, has raised tho prico from 8
to 9 centa a quart for milk, and from
8 to 10 cents for one-half pint of
croam. Practlcaly every dairy In
town la expoctcd to follow suit.
Mayor Rawllngs of Wymoro lias an'
nounccd that ho would mnko the raco
for stato Bonator from Gngo and Paw
nee counties on tho republican tick
et by petition. IIo oxpocts to clr-
culato hia petitions for slgnnttiren in
both counties Boon.
Nebraska hunters, who wero oagor-
ly watching for a month'B additional
shooting of game birds In March, may
bo doomed to disappointment, Fedor-
al Game Warden R. P. Holland ot
Kansas Intimated during a visit at
Llncon recently.
remission hna been granted L. J.
Price of CnB;por, Wyo to InBtall and
operato an electric plant nt Hard
son by tho board of trusteos. Work
will begin or tho plant at onco and
Hnrr!flon wl(j bo out ot darkness bo-
j0TQ jon
iMiimi'-- ir,H fnP wi, u i,.
. . . ' ' . annn0fi iw ,inv
. . tTt, .
I I IUKIUUI OVtT KIVU1I 111 llllDlMlKn HIV
J. mnv . . mo . ,,
Organized traveling men have bcon
....
snvitea to participate
Ogallala will hold Its first annual
round-up at tho end of tho Old TexnB
trail, August 24 and 2!5. Two thou
sand dollars In prizea will be awarded
to riders and others who enter In the
bucking and numoroua other contests.
Riley Long, n highly respocted nnd
prosperous rnrmor, living sixteen
miles southeast of Hay Springs, was
Instantly killed by lightning.
The driest July ovor recorded in
tho wenthor annals of Omaha was tho
month Just pnssed. Less than hnlf
an Inch of rain fell during tho month.
Gngo counly oreodors ot pure bred
live Btock met at Bentrlco Inst Fri
day and organized a county breeders'
association. Tho orgnnlznntlon of a
county association Is oxpected to add
to the breeding of puro llvo stock In
that Bectlon of tho state.
Tho old settlors of Gngo county
will hold their annual picnic at Bea
trice on ThurHiluy, August 21. Govor-
nor Morohend nnd Mr. Minnie Knox,
noting Becrbtnry of tho NebniKka
Stnto Historical society, havo boon
Invited to make nddrosscB,
York's $100,000 hotel Is now as
sured. Tho offort to rnlMO $35,000
bonus has beon going on for somo
months. At this time thoro is .less
thun 7,000 to 'raise and It 1b thought
that amount will bo Hecured soon.
Secretary Duncnu of the Horticul
tural Society sayB that the fruit ox
dibit at tho coining Stato Fair, Sep
tember 4 to 8, will bo tho largest dis
play over shown.
Pinna and specifications nro now on
file with Agent McFndden of tho
Northwestern for tho erection of n
now depot at York.
County commissioners of Hamilton
county disallowed tho clnlm of $15,
000 of Frod Luff for domagos alloged
by him to hnvo resulted from fftlso
Imprisonment nnd malicious prosecu
tion. Lure was arrestee; nnu tnou ior
nllogod assault on Nels Nolson. IIo
was acquitted by tho Jury. In pro
Bonting his clnlm ho declared that
long boforo his trial ho proaontod
ovtuonco oicnriy OBWDiisning ma in-
ndcence, Dut that thoy had Ignored It,
employed apecial counsol to iiBslat tho
county attorney nnd continued wb
prosecution.
Thirteen carlonda ot horaea from
a parta 0f northwest Nobraska wero
Inspected at Chadron laat wock by
French officials. Tho inspection was
the fifth ono hold In Chadron tho laat
n,0nth by roprcaontatlvoa of tho dlf
fort belligerent nations. It la estimat
ed that flvo thousand horsoa hnvo
boon shipped from that market dur
lntf tho last two years for war pur
poses.
Snvnrnt ernwn nt ntionn comnnnv
,nboror8 nro bolng employed at points
nln,,i lin Tfnnmnv.SJnnlntnn lino.
erecting oxtonaion linos. Tho com
pany has already completed a now
lino Into Amherst and Rivordnlo, nnd
othors will, bo constructed as rapidly
as possible. Sumner will bo tho con
centration point of high lino business,
thrco noa bong cont0rod there
Ezra Mookor, famous as ono of tho
onr,y tmvolo on tll0 0pcgon lnvuf
passed through Hebron tho other day
in an automobllo. He ifl following
tho old trail ao clo8oly aa possible,
selling books of personal experiences
of pioneer days nnd trying to intorost
people In a proposod nntlonal road to
bo controlled by tho government.
An Investigation of tho feasibility ,
of constructing a hydro-olectric plant
on tho silo on tho Bluo river at
Bnrnston, controlled by G. W. Stein
moyor of Beatrice, la bolng mado by
n Chlcngo onglnoer. It tho plnnt Is
finally constructed the promotoro pro-
poso to furnish electric current to
adjoining towns.
Reports lndlcnto that olovnlors' aro
rapidly filling at alt Nebraska points
and that whllo tho car shortago has
not yet lilt tllO BurlingtOIl lUltl North
western railroads, cars aro getting
scarce. Famine conditions nro predict
ed on thoso roads within two weeks
unless thoro la a change In condi
tions. Frank Connoll nnd R. Grange Luk-
ona, charged with tho murder of Paul
vhuik i Hi nu i-iiuii mm iuu iuuuuij
of tho Farmers' Stato bnnk nt Sunol
woro committed without ball to the
district court, which moots next Sep-
temper nt Sidney.
A commlttoo from tho Commercial
club of Hnrtlngton will moot with
Dan V. Stephens nt Fremont In thn
,u ir ulu lo "u owimiuiw l
holn them aoeuro a now government
poBtofflco building at that place.
Prominent mon of Omaha nro mak
ing an effort to havo Charles E.
Hughes, republican candldato for
prcsldont, to visit tho metropolis this
fall during tho weok ot tho semlcen
tennlal colouration, Octobor 1 to 8. .
Many farmera over NobraBka Bay
that tho recent rains came at Just tho
right ttmo and that corn has seldom
lookod bettor to them. In aovornl
parta ,of tho stato thoy any tho corr.
crop will bo tho largest In years.
A proposition la bolng submitted to
tho cltizona of Nollgh and surround,
ing country to build n pormanent
pavilion a nivorsiuo yuut near u
town to no ubou tor nu purposes, in
cluding tho annual fair, at n cost of
$3,000.
Burt county Is Boon to hnvo u hand-
somo now court houso to bo built at
Tokamah. Tho present ono la inade
quate nnd tho county nnd Tokamah
lmvn ,onB folt Ul necd ot a bottor
ouuuing.
Tho tenth anniversary celebration
of tho founding of tho vltlngo of Polk
will occur on August 17. A big time
. ..... - -. . .
B anticipated. On iho following day
the Ilodpath chnutauqua will open for
In flvn Invn' nnRRinn.
a flvo days' session.
A now ferry boat haB boon com
pleted and put Into service between
Nebraska and South Dakota nonr
Wynot.
Tho merchnntfl nnd business men of
Chadron recently colobrated tho thirty-first
anniversary of tho founding of
tho city.
Tho Union Pacific has laid more
than 20,000 feet of track at tho Ger-
ing sugnr factories this summer,
Work Ib expected to begin on Fre
mont's alx-Btory, nil modom $200,000
hotel about August 15.
York collego campaign to ralao an
endowment fund of $300,000 la meet
ing with bucccbb everywhere. One
hundred thousand dollnrs has nlready
boon pledged and now come twenty
bualness mon of tho city and pledgo
thomBOlvos moro within ono year.
II. Vorsaw of Ewlng was awarded
tho contract for building Ewlng'a
now school house. Work on tho pre
liminaries Incident to the commence
ment of actual work on tho building
Ih being pushed. Tho building when
complotod will cost nearly $35,000.
Mrs. Edward Thiol, Omaha, was In
stnntly killed when an automobllo
turned turtlo on Broad atreot hill, Uvo
mlleB north of Fremont. Her neck
was broken. Threo othor occupants
ot the cnr wero uninjured,
Tho new HokeiiBon hotel nt Polk
will bo opon to tho public about-September
1. Tho atructure Is built of
otlck and Ib modern In every detail.
It waB orectcd at a cost of $18,000.
, Tho total value of asessablo prop
erty In Douglas county, according to
tho new assessment, la $257,730,535,
na compared with $240,524,420 in 1015.
