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About The frontier. (O'Neill City, Holt County, Neb.) 1880-1965 | View Entire Issue (Dec. 8, 1904)
Frontier. VOLUME XXV. O’NEILL. NEBRASKA, THURSDAY, DECEMBER 8, 1904. NUMBER 24. — - ^ 4 T 1T> will be headquarters ML*4mLj for Christmas buying t^r SBSSSSSSSSSSSSSSSSSSSSSSI^^^^^SpSSSSSSSSSSSSSSSSSSSmBSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS^SiSSS^^^B, I Musical Enter. Musical Enter tainment Saturday , . , „ ^tainment Saturday evening, Dec 10 JNcw goods inst opened tor the (’lil*istmas trade will go at the eve ing Dec. 10 i I at 8 o’clock sharp ° at 8 o’clock sharp ordisiw wLi same discounts that the entire stock on hand has been selling for E erybody j 1 cordially invited ° cordially invited since October 22. | If you wish to select a gift for your friends this will be the ^ place to look for it as in the following list you will find something ^ i 0 suitable for any age: CHINA, CUT GLASS, PILLOW TOPS, HOSE, SHOES, MUFFLERS, SLIPPERS, NEW RIB BONS, FINE HANDKERCHIEFS, FINE SHOES, LADIES NECKWEAR, LADIES GLOVES, LAMPS, BAGS, GLOVES & MITTENS, HATS & CAPS, SWEATERS, CUFF BUTTONS, _neckties, pipes, new white vest, suit cases & grips__ 1 » .w ■■mm h 00000000000000000000000000 90000000000000000000000000,0000*00000000000000*0**0*00*00*00000000000000a000000000000000000*W0m000900V0m0000000m0,0000000M0m»***MmMm*MaMwmmMmmmMmmmmm-m-——___ 1 * & J— __ XEIVER APPOINTED j. F. Biglin to Take Charge of Affairs of Defunct Bank. O. F. Biglin was on Tuesday ap pointed receiver for the Elkhoin Val ley bank by Judge J. J. Harrington. He is required to give bonds in the sum of $12,000. A reward of $800 is offered by the county and individual depositors for I the apprehension of the fugative pres ' ' ident and cashier. Examiner’s Statement. From the detailed statement of Bank Examiner Fred Whittemore and recommendations for an applica tion that a receiver be appointed for the defunct Elkhorn Valley bank, sent to the state banking board, we make these extracts: “The bank was owned by three stockholders, Bernard McGreevy, who owned fifty shares, Patrick Ilagerty, who owned two shares, and M. Ilagerty, wife of Patrick Ilagerty and sister of McGreevy, who owned ninety-eight shares, in all 150 shares. The capital stock was $15,000. Mr. McGreevy kept the books and had posted them up to and including No vember 18. He was in the bank Satur day, the 19th, but was not seen about after that. He is reported to have left town Sunday or Monday. Mr. Hagerty kept the bank open until Wednesday evening, when he hung the holiday sign in the window show ing the bank would be closed for Thanksgiving. The bank remained closed until Saturday, when the ex aminer arrived.1 secured the key to the building from Mrs. Hagerty and upon entering found the safe and vault un locked. The safe was absolutely bare. There were 10 copper pennies in a tray on the counter. “The books called for $03,808.77 loans. I unearthed but $25,750.14; to this should be added $6,396.98 of notes subsequently found with correspond ing banks as collateral for bills pay able and a certificate of deposit given for borrowed money, making in all $32,147.12; missing, $31,661,65. To complete the job the note register was also disposed of so as to make it im possible to tell what paper ismissing.” I M. DOWLING. President JAS. F. O'DONNELL. Cashier ^ SURPLUS $40,000.00 I ■—■—■■■a—■—■——■■■■■I O’Neill National Bank| 5 Per Cent Paid I on Time Certificates of Deposit | This Bank carries no indebtedness Of Officers or Stockholders 9 The examiner refers to the publish ed statements of McGreevy and Hagerty. given out by their wives, as ‘misleading,” saying, “neither ex plains what had become of the assets.” The statement showing what there should be on hand is then given, sup plemented by this comment: “Tile short and over accounts being [on the over side perhaps calls for ex planation. The fact that more money was paid out the last few days than the amount which the books show was on hand and taken in only proves that a considerable amount was col lected in on notes and not credited to loan occount as should have been.” The examiner says no discrepencies havebeen found in the accounts of de positors or other banks. “From this statement,” continues the report in commenting on the assets found and liabilities to be paid therefrom, “it is self evident that the bank is badly Insolvent. For this reason, and for the further reason that the bank has been deserted by its officers, who are fugatives, that it has been looted of its cash and valu ables, that false reports qf its condi tion have been made to the banking department, that the officers are ac cused of • making notes with forged signatures, there is but one alterna tive, to cause application to be made for a receiver to take charge.” “I will mention a few discrepencies concerning the notes. There is one note of $1,560.38 in the list signed by Thomas Naughton. The maker called at the bank and acknowledged the same, saying he would pay It. Later in the day he was confronted with another note, an exact duplicate of the one in tlie bank, which was held by a correspondent bank as collateral of deposits. The signatures look ex actly alike and the debtor can not say lie did not sign either of them. The theory is that he did sign both of them not realizing what he was doing through some misrepresentation of the banker.” Mr. Whittemore reports the bank ing house at $5,000, and says, “Title to other real estate seems to have vanished from the bank.” Overdrafts are reported “partly good,” with $700 received by the examiner from this source. A Settlement Necessary. All persons indebted to me are here by notified that it Is necesary to make settlement this month (Dec.) either by bankable note or cash. _ B. T. Trueblood. Musical entertainment at Mann’s Saturday evening, December 10. Christmas opening that day. aiiHUHii —I M- - - ■ rr-ri—m-rniiMn-irnTT^iiririiMiTr- -niiinwiwflili irifi 111 i tiriMnfcnilHWranmWgi H<WllMiTriWirmiTf*min nrniniiimtflTiaiUll 1 I Our AniwieJ Sale i 1 Commenced Saturday, Dec. 3, and will continue until further announce- J» / IT^ I ment• 20 per cent discount given on every article of dry goods in our JB ! W | I I store. All of our goods are strictly new, we have no old shelf-worn goods /w v I t0 o:^er public. We have a complete line of all kinds of winter goods Mk —sweaters, mittens, caps, duck coats, fur coats, leggins, overshoes, felt JR and lined shoes and underwear of all kinds; a good line of dress goods fK ! p0jp edit an(* wa^s^n^s’ °uting flannels, fleece lined goods and blankets. ^pf 20 Per Cent Discount on al holiday goods, all now—many articles have j st come in and are not yet I 1 marked. Don’t forget that this discount is on all our well known line of Huiskamp shoes and our line of celebrated Kabo corsets. Remember this 20 per cent discount applies to all of our dry goods. 1___3". X5- H