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1 HE £ R< >NTIER.
VOLUME XLIX. O'NEILL. NEBRASKA, THURSDAY, JULY 5, 1928. „ NO. 6.
LOCAL NEWS.
I>f. J. P. Gilligan was in Anselmo,'
Nebraska, this week.
__
Mr. and Mrs. J. B. Mellor entertain
ed a number of friends at their home
Monday evening.
Mr. and Mrs. John C. Gallagher are
the parents of a ten pound son, bom
Sunday morning.
Little Bobby Smith received a cut on'
his lower lip the 4th, when a torpedo
exploded in his face.
J. A. Irwin and son, Jackie, of St.
Paul, Nebraska, spent the week end at
the J. P. Gallagher home.
—
Dr. Gilligan and sisters, Mrs. Hen
nessy, and Mrs. O’Leary are visiting
their brother in Custer county.
E. E. West, of Plainview, was shak
ing hands with former Holt county
friends at the races this week.
Mrs. Robert Baker and son, of Ains
worth, is visiting at the home of her
parents, Mr. and Mrs. Sam Wolfe.
A young man, who is employed in a
drug store at Creighton was injured
in an auto accident near O’Neill Thurs
day.
Mr. and Mrs. Paul L. Henry and
daughter, Patricia Jane, spent Sunday
at the home of Mr. and Mrs. E. D.
Henry.
L. G. Sougey and Fred Dyson came
up from Lincoln and visited with for
mer O’Neill friends over the race meet
this week.
Mr. and Mrs. A. L. Smith, of Ac
cadia, Nebraska, has been visiting at
the home of his son, Forest and family,
this week.
Mrs. P. J. Biglin left Monday for
Salt Lake City where she will spend
the summer visiting with her daughter,
Miss Marie.
Mr. and Mrs. Chas. Omstead and
children and Mrs. Jess Davis, of Ne
ligh, were guests of Mr. and Mrs. Har
ry Bowen last Friday.
Mr. and Mrs. Ralph Mellor and Mr.
and Mrs. Clinton Gatz spent the week
end at Pelican Lake. They caught a
goodly number of fish.
The ladies guild of the Presbyterian
church will meet with Mrs. John L.
Quig on Thursday afternoon, July 12.
A good attendance is desired.
Mrs. Verda Fesler was in Elgin, Ne
braska, on June 24th, attending the
wedding of her brother, Roy D. Con
ger to Miss Fern Olive Merchant.
Mrs. C. B. Scott has a cherry tree in
her back yard that is presenting a very
unusual sight. It is loaded with cher
ries while one branch is nicely in
bloom.
Mr. and Mrs. Bert Redman and Mr.
and Mrs. Chas. Dean, of Wewalla,
South Dakota, were guests at the J. H.
Meredith home during the race meet.
Frank Oberle and daughter, Miss
Neva, left early Sunday morning,
July 1st, for Kansas City, Missouri,
where Miss Oberle will visit for sev
eral weeks.
Roy Warner, Ray Wells and Milton
Lawrence were fishing at Pelican Lake
the latter part of last week. They
caught thirty-eight bass and a number
of other fish.
Dr. R. F. Magirl. daughter Peg and
son, Jack, motored up from Jackson
Sunday and spent a few days with
Mr. and Mrs. R. E. Magirl, returning
home Tuesday.
Mrs. J. A. Naylor is enjoying a visit
from a brother, Philip Weingartner, of
Rockford, Illinois, who arrived Wednes
day. He will also visit with Mrs.
Riley at Inman.
The motor boat on Goose lake sunk
late Wednesday night with sixteen
passengers on board. The accident
happened in shallow water and all were
able to wade to shore.
Rev. Father B. Leahy, of Omaha, is
here as assistant priest of St. Patrick’s
parish during the absence of Father
Brady, who left a couple of weeks ago
to spend his vacation in Boston.
A car driven by Fritz Green and
another car collided near Atkinson
Tuesday night with the result that
Mrs. Green suffered a broken ankle.
The cars were considerably damaged.
Cars driven by James Crawley, Jr.
and Dugal Allen of near Emmet, col
lided on highway No. 20 near the J. B.
Ryan residence Wednesday afternoon.
The cars were badly damaged, no one
was injured.
E. N. ^urcell and daughter, Miss
Iola, who has been attending a music
school in Chicago, stopped in O’Neill
a short time the latter part of last
week enroute to their home at Neligh
by way of the Dakotas.
A car driven by Fay Gimmel, of Ew
ing, and a truck driven by J. Phillips,
collided on the highway north of
O’Neill Tuesday. Mr. Gimmel and Mr.
Phillips were bruised and received mi
nor injuries. The car and truck were
both damaged.
T. T. Waid returned home from Win
ter, Wisconsin, Tuesday night in time
to shoot firecrackers with his O’Neill
friends. “77” says Ithat the fishing
was poor inWinter this summer and
that is the principal reason that he did
not remain longer.
Eighty-four Holt county Masons
were entertained at the 14th annual
banquet of the Ewing Eastern Stars
and Masons at their lodge rooms in
E« ing, Nebraska, Thursday evening
of last week. About eighteen O’Neill
masons were in attendance.
Col. Zeb Warner, Holt county’s
! champion fisherman is not a champion
with the bees, A few days ago Zeb
; tried boxing with a friendly looking
I bee that chanced his way; the bee
landed just “one" on Zeb's right eye
| and Zeb went down for the count.
Mr. and Mrs. Arthur Wyant were
called to Cellar Rapids, Nebraska, July
, 5th, to attend the funeral services of
Emil and Enuil Krewson, sons of Mrs.
Wyant’s sister, who were drown while
attending the celebration at St. Ed-,
I ward, Nebraska, on July 4th. No par
ticulars of the accident were received.
Mr. and Mrs. Robert Cook anu fam
ily. of Oakdale, Mr. and Mrs. Hans
Anderson and children, of Colon, Ne
braska, were visiting with the ladies’
parents, Mr. and Mrs. Sheridan Sim
mons. A dinner wa3 enjoyed at the
Gannon lake a few days ago at which
there were four generations present
A new creamery will be constructed
in Stuart in the near future. It will
be located west of the city light
plant in Stuart and will cost approxi
mately $10,000. Stock is being sold
by the founders at $100 a share, no
more than one share going to any one
person. A large percentage of the re
quired sum has been raised.
—
Rural mail carriers of Boyd and
Holt counties held ther annual meet
ing on the Niobrara riv|- recently.
Officers wiere elected for next year,
as follows: H. F. Dyk^, Chambers,
president; C. W\ CarlsTm, Spencer,
vice-president; E. E. Clark, Inman,
secretary-treasurer. The association
made plaps to hold the annual picnic
in Oakview the first Sunday in Aug
ust.
_
Mr. and Mrs. Elmer Merriman, of
Sioux City, accompanied Mr. and Mrs.
John Walker, who had been visiting in
Sioux City, home at Page last Friday,
then came to O’Neill to visit their son,
Lawrence and family until Monday,
when they returned home. Since re
turning to Sioux City Mr. Merriman
has the same job he held before com
ing to O’Neill several years ago; that
si inspector for a service company.
Mr. and Mrs. John Kersenbrock were
called to Crete last Saturday by the
drowning Friday afternoon of hi*
younger brother, Harry, known in ath
letic circles as “High Kersenbrock.”
The following account of the drowning
appeared in the daily papers: “Crete,
Neb., June 30: Harry “High” Kersen
brock, 22, former Doane college foot
ball player, drowned in the Blue river
here last night. Kersenbrock, whose
height of seven feet, one-half inch,
brought him into public notice when he
was named all-state high school center
had been canoeing with Byron Horn,
19, also of Crete. As they approached
the boat house the canoe tipped throw
ing the two into the water. Horn could
swim slightly, and Kersenbrock not a*,
all, friends said. Divers worked ar
hour before finding the body in fifteen
feet of water.”
You have four Servel color finishes to choose
from. Not satisfied with dull, flat tones, or con
trast stripes, Servel has developed an entirely
new and exclusive multitone color finish.
New. low price* just put in effect make Servel a
sound investment. Here i*your ideal electric
* refriyerah r at a price Matty wtthln fmut mean*.
See it today.
Interstate Power Company
Mdse, Department
» %
Roll of Honor Bank
REPORT OF THE CONDITION OF
The O’Neill National Bank
AS MADE TO THE COMPTROLLER OFT^E CURRENCY ON JUNE 30, 1928.
RESOURCES
LOANS AND DISCOUNTS $221,983.39
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--- 215.63
This represents money due us from
depositors who have checked out
more money than they had on de
posit. The item is very small, but
large enough irtviewof the fact that
it is a violation of banking depart
ment regulations for bank officials
to permit overdrafts in any amount.
UNITED STATES BONDS ... 84,850.00
These are all gold obligations of
the United States and all of which
are now selling above par.
OTHERBONDS AND SECURITIES 71,949.58
This consists of municipal and in
dustrial bonds, county, township
and school warrants, all worth par
or better.
BANKING HOUSE AND FIXTURES 5,068.00
Consisting of bank building, vaults,
safes and fixtures of all kinds,
worth about double the above
amount.
OTHER REAL ESTATE OWNED 8,181.93
This consists of a clear 320 acre im
proved farm in Holt county and a
dwelling house in Neligh, Nebrasku.
CASH AND SIGHT EXCHANGE 241,942.49
This consists of cash in vault, and
due from other banks, subject to
our check, and from United States
Treasurer. Note that this is over
52% of our total deposits.
LIABILITIES
CAPITAL STOCK . $50,000.00
This represents the cash paid in
on the original investment by the
stock holders.
SURPLUS AND UNDIVIDED
PROFITS ___ 76,728.69
This is a part of the earnings of
the bank that have been set aside
from time to time to cover possible
losses and for the further protect
ion of our depositors. This fund is
more than 34 per cent of all our
loans and discounts and 150 per
cent of our capital.
CIRCULATION __ _ 49,150.00
This represents the “currency” or
“national bank notes” we have in
circulation for which we have de
posited with the Treasurer of the
United States $50,000.00 U. S. Gold
Bonds to guarantee the redemption
of these notes.
DEPOSITS ___ 458,312.33
Represents money deposited in this
bank by firms or individuals, a part
Of which is subject to check on de
mand and a part on time certificates
of deposit running six or twelve
months, on which we pay 4 per cent
interest.
REDISCOUNTS OR BILLS
PAYABLE __ . NONE
TOTAL $634,191.02 TOTAL ___ $634,191.02
THIS BANK CARRIES NO INDEBTEDNESS OF OFFICERS OR STOCKHOLDERS
The officers of this bank take pardonable pride in calling attention to the within statement. The
Roll of Honor is the Congressional Medal of American Banking. The legal requirements of sur
plus is 20 per cent of capital. This bank has increased its surplus and undivided profits to 150
per cent of capital.
According to a statement by the Comptroller of the Currency there have been 25 National
Bank failures in Nebraska since January 1, 1903,—a period of over 25 years, and it is a significent
fact that in all this time there ha3 not been a( single failure of a National Bank in Nebraska where
the surplus account exceeded the capita! stock. This would seem to prove a practical, reasonably
effective remedy against bank failures.
Our cash on hand is $218,415.00 above the legal requirements. Our United States Bonds and
other bonds (all of which can be converted into cash on the market any day at par or better) and
our cash on hand, make what may be termed as total cash reserve of $398,742.07>or 87 per cent of
our total deposits. This large per cent of liquid assets, large capital, surplus and profits account,
coupled with knowil conservative management are guide posts that should direct any one looking
for a strong bank.
We invite your account, large or small. We are always in the market for desirable, well se
cured loans.
About forty feet of the coping along
the top on the south side of the First
National bank building fell about two
o’clock this morning just as the danc
ers were leaving the American Legion
dance. A number of people were in
the vicinity of the building but no one
happen to be in the way of the fall
| ing cement. The coping is all being
removed and will be replaced by a
safe covering.
Col. Dick Hunt, of Bassett, has been
showing in O’Neill this week with his
educated horses and also a large grey
horse which is perhaps the largest
horse in the world since the death of
Lubber. The large horse weighs 2500
and is a Holt county product. Mr.
I Hunt was also showing a Molly mule
! which foaled a mult colt two weeks
ago. This is an unsusual occurence,
there being only two other instances
of record—one in Texas and one in
Lincoln, Nebraska.
The celebration at Red Bird, Ne
braska, on July 4th, was a regular old
time affair where everyone enjoyed
every minute of the day. The large
grove along the creek made an ideal
place to picnic. County Judge C. J.
Malone gave the address of the day
and impressed his listeners with his]
stirring patriotic portrayal of the his
tory of the republic; the Declaration;
| of Independence was read, the Stars
and Stripes and Star Spangled Banner j
i were sung while the band played. The
Lynch band furnished the music. Three
; ball games were played during the
afternoon.
RUNNING RACE MEET AND
THREE DAY CELEBRATION
A WONDERFUL SUCCESS
—
Tuesday, Wednesday and Thursday,]
July .'Jrd, 4th, and 5th, were wonder
ful days in O’Neill. The Running
Race meet was the best ever held in :
the city and drew people from every-1
v here. Horses were at the meet from
[ <wa, South Dakota, Nebraska and;
many other places throughout the
United States, Many of the horse**
ram* fr»»m the Omaha race meet and
- .me of them from TiaJuana where]
’they raced during the season,
The first day crowd wan not large
Put the second day saw more people j
in O’Neill than has ever been her# on I
u similar lecasion: while the third day,
produced a crowd larger than the,
management had any hopes of seeing.;
The Monahan Dost Band is respon
hie to a great degree for the pre*enci ]
.f the thousands of pen pi* wh< *t ]
tended the «tpl.ration in this city. Oh I
•Oration,* were held In Stuart. 0**eej
lake, Riverside Bark. Oak View Park;
i tn Ilolt county; Winner and Boneateei,
each had races and big drawing cards
on their program but O’Neill got the
:rowd of its history. Picnics were
also held in various parts of the county
which also kept some people away who
might have otherwise been here. Every
ane seemed pleased with the reception
and the treatment they received in
O’Neill. No disorderly conduct or
drunkenness was noticable.
The ball games each day were ex
tra good ones and the large crowd
seemed to enjoy them throughout.
The McClellan carnival occupied
the down town streets and entertained
the large crowds as they milled up
and down the streets from the court
house corner to the Galena Lumber
yard. They have plenty of rides and
concessions of all kinds. Goldie Meek
and her 49 show1 did a good business
also. The carnival and other shows
will remain on the streets until after
Saturday night and will entertain Fri
day afternoon ar.d evening and all
day Saturday.
*
The American Legion dance with
the Monahan Post orchestra furnish
ing the music was the center of attrac
tion for an immense crowd each night.
The orchestra is one of the best in the
country and was fully appreciated by
the crowd.
Following is the result of the races
each day:
TUESDAY. JULY THIRD.
First Race.
3-8 mile. Purse $75.00.
Bertha Skillful, owned by H. E.
Van Buskirk, first; Agnes Husker,
owned by V. Leonard, second; Red
Link, owned by Mason, third; also
ran. War Spangle, Crain Crow, Billy
Tinker, (’. O. Doran, Cash Girl.
Time—41 seconds.
Second Race,
3-8 mile. Purse $75.00.
Sunshine, ownei by Dlsbong, first:
Bob Link, owned by (' well, second;
Uneda. owned by Rhodes, third: also
ran, Pachant, Little Devil, Flash,
Kim' G Id, llilledale.
iime-“-*3f seconds.
Third Race.
*4-Mile for twoyear-old t. Purse
$00.00,
Miss Irene, owned by Ara-mith.
first; Helen Sweet*. owned by K*te*.
•trend, Nebraska Queen, owned by .1.
J, Harrington, third, also ran, Sara
Nl, Glady- McAllister.
Time 58 nee©n4i>.
Fourth Race,
About 5 * M Je. Purse $t25.00.
Lady Blue Gown, owned by T. E.
Loomis, first; Lady Flapper, owned by
Hargrave, second; Van Fryer, owned
by Cowell, third; also ran, Winning
His Way, Dr. Brush, Muleskinner.
Time—53 seconds.
Fifth Race.
About 3-4 Mile. Purse $150.00.
Stan, owned by Clark, first; Darley
Belle, owned by Disbong, second; Tom
Owens, owned by Dulfy, third.
WEDNESDAY, JULY FOURTH
First Race.
Three-Eighth Mile Purse $75.00
Sunshine, owned by Disbong,
first; Red Link, owned by Mason, sec
ond; Pachant, owned by Fallon, third;
also ran Bobby Doyle Little Devil,
Uneda.
Time—39 seconds.
Second Race.
One-half Mile. For horses having
started and not being placed 1st, 2nd
or 3rd meeting. Purse $80.00. Mid
night Chief, own-1 by Dority, first;
Blue Belle, owned by Leonard, sec
ond; Cash, Girl, owned by Barton,
third; aLo ran Muleskinner, Crain
Crow, Billy Tinker.
Time—50 seconds.
Third Race.
About 4 Furlongs; for three-year
olds; Purse $10u.0C.
War Spangler, owned by H. Loomis,
first; Winniing Hi.s Way, owned by
DufTy, second; Banadonna, owned by
F. Rice, third; also ran. Bourbon Red,
D». Brujh left at pole
Time—50 seconds.
Fourth Race.
About 5-8 Purse $125.00
Lady Blue Gown, owned by T. L,
Loomis, first; Lady Flapper, owned by
Jargrave, second: Bob Link, owned
by L. Culwoll, third; ulso ran, Cub
Lottie.
Time—69 seconds.
Fifth Rare.
'*. M le; Far t'.vo-j ear-olds; purse
$100.00.
Giaj'y * aicAUiiter, owned by Duffy,
!• <t. Widen S' ••!». owned by G. W.
F ■> »*, • • >ml; Miw Irene, owned by
\ third; also rati, Nebraska
. •’ owned by J, J. Harrington;
j, t jkf
Time—61 Hi second*.
Hiv’h Race
l mile, 70 varfs, Handicap, Purse,
$250.00.
Satan, owned by C. Clark, first;
Darloy B<*!!e oimusI by Duffy, second;
(Continued o* page 4s)
