The frontier. (O'Neill City, Holt County, Neb.) 1880-1965, January 05, 1928, Image 4
I $90 to $200 Reduction I lii \ I I till • • • iiij % t ;q*. * |PP I New Improved Whippet ! ft ■ ft I Touring $455 Coach $535 Sedan $585 I 1 Roadster $485 Cabriolet $545 [ All Prices F. O. B. Toledo, Ohio. I These prices include added equipment. I Models on Display Saturday at our Show Rooms I W. H. Stein, O’Neill, Nebr. J J ii THE FRONTIER D. H. CRONIN. Publisher W. C. TEMPLETON, Editor and Business Manager Entered at the postofTlee at O’Neill, Nebraska, as second-class matter. THE PRESIDENT’S PROGRAM. Washington, I). C., Jan. 3. Tihs is the legislative program of President Coolidge as he submitted it to the members of the Seventieth Congress. Tax Reduction.—Cut the tax burden to the point of safety, approximately $225,000,000. Farai Relief.—Will support “any sound proposal” for farm relief, and recommends creation of a federal farm board to administer a fund which would be used to help the coopera I tives. Food Control.-^-Congress should proceed at once, but cautiously, to consider plans for protecting the lower Mississippi Valley. National Defense.—An army large enough for national defense and a Charter No. 5770. Reserve District No. 10 REPORT OF THE CONDITION OF The O’Neill National Bank At O’Neill, in the State of Nebraska, ut the close of business on December 31, 1927. RESOURCES Loans and discounts, including rediscounts .. $277,182.31 Overdrafts, secured, NONE; unsecured _ 277.00 U. S. Government securities owned: Deposited to secure circulation (U. S. bonds par value)_$50,000.00 All other United States Government securities_ 33,250.00 83,250.00 Other bonds, stocks! securities, etc.:_ 92,110.04 Banking House, $3,388; Furniture and fixtures, $1,680 5,068.00 Real estate owned other than banking house_ 8,181.93 Lawful reserve with Federal Reserve Bank_ 25,097.14 Cash in vault and amount due from national banks _143,025.02 Amount due from State banks, bankers, and trust com panies in the United States (other than included in Items 8, 9, or 10) _ 1,282.72 Checks on other banks in the same city or town as re porting bank (other than Item 12)__ 738.41 Checks and drafts on banks located outside of city or town of reporting bank and miscellaneous items 430.96 170,574.25 Redemption fund with U. S. Treasurer and due from U. S. Treasurer 2,500.00 Total $639,143.53 LIABILITIES Capital stock paid m 150,000.00 Surplus fund 50,000.00 Undivided profits „ „ .. ... 25,904.16 Circulating notes outstanding _ 5o[ooo.oo Amounts due to national banks. ..8,372.45 Amount due to State banks, bankers, and trust companies in the United States and foreign countries (other than included in Items 22 or 23) __ _,_ 48,257.00 Demand deposits (other than hank deposits) subject to Reserve (deposits payable within 30 days:) Individual deposits subject to check ..161,906.04 Certificates of deposit due in less than 30 days (other than for money burrowed) 70,001.60 State, county, or other municipal depoaita secured by pledge of assets of this bank or surety bond 25,038.65 Time deposits subject to Reserve (payable after 30 days, or subject, to 30 days or more notice, and postal savings): Certificate of deposit (other than for money borrowed) 149,063.73 463 239 37 Hill* payable NONE Notes and hills rediscounted _ _ NONE Total f : , State of Nebraska, County of Holt, sa: I, 8. J. Week**, President, of the above-named bank, do solemnly swear that the above statement la true to the best of my knowledge and belief, 8. / WEBKES, Pre.ldent. Subscribed and sworn to before me this 5th day nf January. 1928. (8«al) JULIES D. CRONIN Notary Public. My Cupimission expires Aug. 17, 11131 Correct—Attest: C. P. Hancock. J. P Cilllgsn, H. P. Dowling, Director*. (This Bank carries ae indebted nr • of officers or stockholder* ) ---- building program to embody cruisers, submarines and airplane carriers. Prohibition. — The government should use the greatest efforts in en forcing the dry laws, and the public should obey Ihcm. Merchant Marine.—Ships should be turned back to private ownership. Foreign Relations.—Peace with all nations and tl\e adoption of covenants outlawing war within the provisions of the Constitution. MAJOR OWEN R. MEREDITH THROWS A SMOKE SCREEN OVER THE PANAMA CANAL Balboa, Canal Zone, Dec. 29.—A smoke screen will be thrown over the Panama Canal today for the first time in the history of the canal, to test out an experimental scheme to produce dense white smoke by using the ca nal’s pipe lines. The maneuver will be perfected by the chemical warfare service, commanded by Maj. Owen R. Meredith. It is planned to drop oil into little tanks placed along the ca nal route, creating a screen follow ing its contact with chemicals. This is part of the defense program, and, it is anticipated, will be success ful, according to high army author ities. A dozen field observation plains from France field, protographers and radio men will report the effectiveness of the screen. Col. Arthur G. Fisher, | commander at France field, will com- j mand the surveying and will report his findings, via Maj. Gen. Graves, to Washington. MRS. ELIZABETH RUTH CRUMB. Mrs. Elizabeth Ruth Crumb, belov ed wife of Robert L. Crumb, died at the Stuart hospital last Thursday fol lowing a short illness. Elizabeth Hoyer was bom here. August 10, 1902, and was 25 years, 4 month and 9 days of age at death. i She was united in marriage to Robert L. Crumb on July 18, 1927. She leaves to mourn her death one small son, her husband, father and mother, Mr. and Mrs. James Hoyer, of Ann car, three sisters, Mrs. E. Henefin, Miss Elva Hoyer and Miss Helen Hoyer. two brothers, Earl Hoyer and Bur! Hoyer. Funeral services were held from the Marquette church Saturday, at 2:00; interment wns made in the cemetery near the church. Darling Elizabeth, she has left us, l<eft us, yes. for evermore; But we hope to meet our loved one On thnt bright atvt happy shore. O’NEILL PUBLIC SCHOOLS. O’Neill, Nebr. The Boar I of Education of the O'Neill hihl'r Schools a*, a regular meeting hold November 7th, resolver! thnt the school build ne should not be opened to any rnmmerrtaPved ac tivities uni- in o“or«d bv the •shoot BO* P’-' /'** » ' *C • By Mrs. R. M Hauers. Sac. THE INSANITY I'LEA. (Kansas City Times.) Has it come to this that the more revolting the crime the better the chance of the criminal to escape pun ishment? If so, then we shall have more revolting crimes. The country has been shocked by the acquittal of the murdered Remus and the conduct ,r,i the jurj that freed him on an in sanity plea. It is now indicated that insanity will be the defense of Ed ward Hickman. Irrespective of individual opinion on this subject, the public would not be concerned' if it could look forward with confidence to a verdict in con formity with authoritative opinion on | this question of sanity. What causes i natural concern it the prospect that the judgment of sanity probably will be left wholly to a jury influenced, not by knowledge of mental disorders, but by conflicting testimony of available experts, by biased testimony and by the sentimental harangues of counsel. There long has been a conviction in the minds of many of those identified with crime problems that each state should have, subject to call, the most authoritative board of sanity experts available; that it should be the duty of such a board to pass upon the question of a defendant’s sanity, if raised, at the time the crime was com mitted and at the time of trial; that the decision of such a board should have such weight, by virtue of the learning and standing of its members, that no honest jury could consistently question its findings. With such diagnosticians available, there would be only the remotest chance that one mentally irresponsible would be put to death or unjustly imprisoned. On the other hand, it should be corres- A poindingly difficult to make out a case 9 of insanity for a responsible person. In England, when the question of i sanity is raised at the criminal bar, the court has available the highest authority on mental disorders. In almost every instance the testimony of such authority is final. There is no such thing as a prolonged trial, in which alienists of more or less stand ing consume hours on hours in giving testimony that only confuses the jurors. Nor does the court need to tolerate the bringing in of irrelevant matter or the resort of counsel to elaborate sentimentality. The result is that England scarcely knows of such cases of insanity defense as so often scandalized our courts and shock the American public. mmmanmmmMmaammmMm* ~ .~ .~. i ■ REPORT OF THE CONDITION OF The O’Neill National Bank AS MADE TO THE COMPTROLLER OF THE CURRENCY ON DECEMBER 31, 1927. RESOURCES LOANS AND DISCOUNTS _$277,182.31 This consists of notes given by our customers- -mostly farmers—a very large per cent of which is secured by either chattel mortgage or other collateral. OVERDRAFTS _ . 277.00 This represents mony due us from depositors who have checked out more money than they had on de posit. The item is very small, but large enough in view of the fact that it is a violation of banking depart ment regulations for bank officials to permit overdrafts in any amount. UNITED STATES BONDS _ 83,250.00 These are all gold obligations of the United States and all of which are now selling above par. OTHER BONDS AND SECURITIES 02,110.04 This consists of municipal and in dustrial bonds, county, township and school warrants, all worth par or better. BANKINGHOUSE AND FIXTURES 5.008.00 Consisting of bunk building, vaults, safes and fixtures of all kinds, worth about double the above amount. OTHER REAL ESTATE OWNED 8,181.81 This consists of real estate owned other than the banking house • CASH AND SIGHT EXCHANGE 173.074 25 This consists of cash in vault, and due from other banks, subject to our check, and from United States Trcasmer. Note that this is over 36', of our total deposits. LIABILITIES H CAPITAL STOCK ____ $50,000.00 || This represents the cash paid in ft on the original investment by the S stock holders. SURPLUS AND UNDIVIDED If PROFITS _ 75,904.16 fl This is a part of the earnings of B the bank that have been set aside JH from time to time to cover possible B losses and for the further protect- B ion of our depositors. This fund is B more than 27 per cent of all our B loans and discounts and 150 per B cent of our capital. B CIRCULATION . .. __— 50,000.00 J£ This represents the “currency" or B “national bank notes” we have in B circulation for which we have de- B posited with the Treasurer of the B United States $50,000.00 U. S. Gold B Ronds to guarantee the redemption B of these notes. B DEPOSITS _-_ 463,239.37 B Represents money deposited in this B hank by Arms or individuals, a part B of which is subject to check on de- K mand and a part on time certiAcates B of deposit running six nr twelve B months, on which wr pay 4 per cent B interest. B REDISCOUNTS OR BILLS B PAYABLE NONE ■ TOTAL TOTAL ✓ 9639,14SJUI f - ' .