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, August 26 1904 U-W ILLS : loll Y T1t11SU1VL . _ ' ,
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STATEMENT OF THE CONDITION OF
The Southeastern Nebraska Building and
Loan Association.
I
i OF AUBURN NEB. . ON THE 30Tl DAY OF JUNE 1904.
1\ \ s ' I ASSH'l'S.
; t li'irst mortgage loans S140,140 82
. Stock loans---------- 1,050 00
I Heal Estate - - . - - - . . - . 7,853 16
i furniture and station.
II
f i ' cry-------- . station. . 118 45
f' ' Cash----------------- 5,8G822
! I 1)elinqucnt } interest ,
t prcmiums and fines 4,580 42
HxpClIscs and taxes
paid _ _ _ _ _ _ . . . . . . . _ _ 4,504 74
Dividends paid and
crcdited. . . . . _ . . _ . . . 2,635 90
, Real estate sold 011
; contract _ _ . . . _ _ _ _ _ _ 3,458 25
I Real . estate bought for
building site--- . - - . 1,850 00
I
! ' 1.otaL _ _ _ _ - . . . . . . . _ . SI82,059 %
I I RECEIPTS AND EXPENDITURES FOR YEAR ENDING JUNE 30. 1904 I
.
HJ : CHII"rs
Balance on hand I July
1 , 1903..5 7,300 97
Dues on running stock 15,383 19
IntcrcstprclI1iu\11s and
tines _ _ _ . . , . . . . . . . . . 17,298 03
Loans repaid _ _ _ _ _ _ _ _ _ 47,024 on
Pull paid stock--- . _ _ . 22GOO 00
Rents _ _ . . . _ _ _ _ _ _ . . . . . 340 35
Certificate fees. . _ . . _ _ 81 00
insurance and taxes . 16 15
Heal estate sales. . . . . 2,721 50
Profit and withdrawal
fees _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ G38 32
Total---- S113,403 51
To Everywhere And Bl\.ck.
The Burlington offers excursion
rates in every direction-so low
that there is 110 excuse for stay-
ing' at homc. Below arc sonic of
thcm.
St. Louis and back : Three
kinds of daily rates besides thc
special low rate coach excursions
on each Tuesday and Thursday
luring August and S ° ptcmbcr.
Chicago and back : Daily low
rates either direct or via St.
Louis , with stopovers at St. Louis ,
Kansas City and 9maha.
Louisville , Ky. , and back , $20.
40 , August 12 to 15.
Boston and bacle-thc only
chance of thc season for a low
rate visit to New England , $31.40 ,
August 11 to 13-10ng' limit.
'Vorld's Fair : stopovers at St.
Louis on through tickcts.
Colorado , Utah and Black Hills
resorts-thcrc and back prac-
tically half rates all summcr.
- . _ . . . ' ! I . . . ! . ; - . - . . ifa-
I.IADlT.ITntS.
Capital stock paid up S149,745 09
Reserve fund _ _ _ _ . . . . 8,000 00
Undivided profits . . . 6,769 37
1 n t e r cst , premiums
and fincs. . . . . . . . . . . 16,982 30
Advance interest and
premium _ _ . . . - _ _ _ _ _ 141 85
Certificate fees------ _ 81 00
Rents- 340 35
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Total . _ _ . . . . . . .S182,059.9 I
1-l' 1'ENDITU1ES.
Loans----------------5 : 46,109 28
Expenscs _ u _ _ _ _ _ . - _ _ 4,334 13
Stock redeemed . _ _ _ _ _ 40,415 05
Cash 011 hand _ _ _ - _ _ _ _ 5,868 22
Dividend on PPstock 7,139 09
Tttsurartcc and ta. . : = cs. . 78 ; 00
Real estate purchased 9,317 18
Undivided profits--- _ 142 02
' _ _ _ _ _ _ . _ _ _ _ _ _ $ , 51
. . . .
I STATE 01" " ' BRASKA l
ss
Ncmaha County
1 , R , M. Gillan , secretary of thc above named Association , do sol-
cmn1y swear that thc foregoing statement of thc condition of said Association -
sociation is true and correct to thc best of my knowledge and bclief.
R. N. GUT.AN , Sccrctan'
Subscribed and sworn to before me this 16th day of July , 1904. '
CIIAS. O. FlutNCII , Notary Public.
This Association has grown to bc one of thc strong financial -
nancial institutions of southeastcrn Ncbraska. By its liberal
plan of operation many of this and other towns arc today
enjoying thc pleasure of their own homes and paying for
them with thc motley usually paid for rcnts. Call and see us
if you arc thinking of buying or building a home and stop
paying rent , or if you will begin now and take stock in this
association it will only cost you 25c , 50c or $1 per month on
the share ( or $100) ) and this will earn for you not less than 10
per cent per annum , and at maturity you can draw out 100c
on thc $ and buy or build you a homc.
WHIT.tt\.KER BROS. , Agents
Falls City , Nebraska
- . . . .
-co.t ;
1'0 California-San Francisco
and Los Angeles and back , Aug-
ust 15 to September 10 , only $45.
The only chance in 1904 to get
this low rate.
Portland , Puget Sound and
back , August 15 to 18 , one fare
for thc round trip.
1'0 Michigan , Minnesota , Wisconsin -
consin and thc Great Lake region ,
thc ideal summer country-daily
low rates to take you away from
home.
On thc first and third Tuesdays
of each month very low round
trip rates to hundreds of points in
thc Northwest , west and South ,
wcst.
wcst.Vritc
Write or call , describe your
trip ; let mc advise you thc leas t
cost.
G. Sclwart.
Ticket Agent
Or , L. W. 'Vakely ,
General Passenger Agent ,
Omaha.
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. 1
R E Grinstead on - a . \q'
Drainage Matters . { , 1
Thc following letter is our
text for this weeks sermon on
drainage mattcrs :
'rarldo , Mo. , Dee. . 19 , 1903-
l\lr. R. E. Grinstcad-Salcm ,
Ncbraska-Dcar Sir-Rl'plying
to your letter of thc 12th inst
would say wc have a ditch here
about fifteen feet long. Thc
ditch was about 12 feet deep and
18 feet widc.
r think thc cost is right around
S2000 per milc. We believe thc
ditch is a great hclp. R. E.
Gowdy of this place did our
ditching for us , however hc has
sold his machine but lor further
information wc would refer you
to him.
Yours truly
D. Rankin.
'Vc desire to have this letter
reproduced because of thc fact
that David Rankin is a man of
national reputation , not only as
thc most extensive cattle feeder
in thc world but as a man of thc
strictest honor and integrity , a
man who could not bc induced to
prevaricate thc truth to gain a
political advantage nor for any
other purpose :
The corn that Mr. Rankin uses
to feed his numerous herds of
cattle is raised mainly on his
own farms composed mainly of
'l'arkio river bottol1 S.
The bulk of l\lr. Rankin's
immense fortune was made main-
ly by buying 'l'arkio's wet lands
at a low price prior to the mak-
ing of thc ditch sonic five years
ago , of which hc speaks in thc
above lcttcr.
I reproduce these facts because
it is being asserted that thc
Tarkio ditch has clone no gooct.
The following a truthful
.
statement of thc 'l\trkio ditch together - '
g'clhcr with all its cn vi ronmcn ts.
'l'hc 'l'arldo river watershed is
well made up mainly of thc steep ,
and in many places priapitous
bluffs of thc Missoun : river hills.
'l'hc gradient of thc stream is
very little , towards thc lower end
from thc Holt Co line to thc
mouth of thc stream it is not
more than one foot per mile and
at thc Holt Co. line thc new
channel makes a right angle to
thc cast and discharges into thc
old channel following its sinuosi-
tics to th'm r'cr. .
Along this part of thc 'l'arkio
hc t ditch above has been a disadvantage -
I .
advantage rattier than otherwise
' . for it is a settled and undisputed
fact that when a new channel is
made , of the samc size as thc old ,
which shortens thc distance between -
twecn two given points thc flood
line is lowered in thc same pro-
portion that thc stream is short-
.
.
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cned and thc flood line below thc -.t-
cut off is for a while , before \
thc new channel gets its growth ,
raised half as much as it is low-
cred above the lower end of the
cut ofT. The above statcmcnt of
facts is thc concurrent endorse-
nient of all engineers , wc belicvc.
The Tarkio river above thc
Holt Co. line sometimes now in
excessive rainfalls , breaks thc
banks for a short while , but remember - .
member that thc old channel is :
filed up in many places
The bottom lands there cannot
bc bought for less than $75 per '
acre , wc mean above thc Holt Co. ' ; : : '
lines which is thc lower end of
thc cut off. Remember also that rl !
thc Ncmaha river in which wc , _ i' . : .
arc interested has a gradient
: 11
ninny . times greater than the . ,
'rarlno , and that of thc watcr'I" ' . ; ,
.1
shed above thc bottoms is much , 1
lea than thc 'rarko : which do s it
not so rapidly bring a given
volume of water jute thc channel
.
thus causing it to break banks.
It is thc concurrent opinion of
several noted engineers with
whom wc have discussed thc
natural environments of Ncmaha
valley that wc have the easiest
and most inviting problem of any " '
known valley in thc west for '
.
-
securing thc best results with thc _
least expenditure of cffor.t. . . -
These same engineers is invited -
cd to do so will give some good 5
advice to thc board of trade al
.
Falls City relative to thc only
possible war to maintain good
roads at a minmum expense across
thc bottoms into this town.
In Burt , Douglas , Washington ,
Otoc , Dodge and Ncmaha coun-
ties where drainage districts arc
being organized , there is no effort -
fort being organized to defeat
-.J.
thc same because of any fear - .
that any property other than thc ' '
wet lands benefited , will be taxed
for thc reclamation of thc same.
k
I am very certain that in this .
county there is not an intelligent
fair minded man that wants to
know thc truth and bc fair and
"tell thc truth and shame thc . 4
dcvil" that believes such nonscnsc. ; : j i
Thc owners of overflowed lands' . : : ;
under thc law-or under any law .t
. .
. .
. , . . .
that can bc madc-that is consh- ' , ;
tutiolt'al , will par different prices ,
per acre each according to benefits - ,
fits received thc to bc ' - '
, same sct- 404\
tied by thc engineer in charge
under thc direction of the county
board of supervisors . 'l'hesc same
supervisors will have thc selection , . . .
tJon of thc cnginecr. .
Grover Cleveland will have as
.
much to say and do in making '
.
these selections in these actions as . )
Yours truly , R. E. GRINSTEAD. . , I . . .t. 4 '
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