davidaulloa/AmericanStories huggingface dataset:
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
BANKS AND LOAN AND TRUST
|, COMPANIES.

1t is the duty of the public examiner,
under existing laws, to examine into the
affairs and ascertain the financial condi-
ton Of banks, saving associations and loan
and trust companies, and to report the
same to the governor, with such recon-
mendations and suggestions as he
may deem pertinent. However pre-
carious the condition of the bank may
be, about all the governor is specifically
authorized to do on receiving such report
is to publish the same. This, in case of
banks or loans and trust companies that
are insOlvent or that have impaired
their capital, is wholly inadequate.
The powers of the public examiner
should be so enlarged, by appro-
pirate legislation, that in case he ascer-
tains that any bank or loan and trust COM
pany has, through any cause, impaired it's
capital or become insolvent, or has con-
Quoted its business in defiance or violation
of law, it should be his duty and he should
have the power to require the stOckhold
ers and officers of such bank or loan and
trust company, upon reasonable notice, to
be designated by him, to replace
the capital impaired, or in case of
failure to do so, to have receiver appoint
ed to adjust the affairs of the bank or
company in the interest of depositors or
stockholders
(The governor also recommends that the
bank examiner be required to report only
insolvent and wrongly managed financial
institutions, instead of good aud bad, as
now required)
In view of the fact that the provisions of
our banking law are scattered through
number of separately enacted statutes,
not as harmonious as could be desired, l
would suggest the Importance of having
these acts codified and enacted into one
homogeneous act.
From the report of the public examiner,
it appears that during the year 1893, seven
banks failed, made assignments or had
receivers appointed and that in every in
stance this condition was brought about
by the unwarranted acts of the officers in
making excessive loans upon insufficient
securities, or in making undue or eX-
cessive loans to themselves or the directors
of the bank. The law should be so
amended as to prohibit the making of
such loans. and all officers violating such
law, whether Intentionally or through
carelessness, should be held civilly and
criminally liable for all loss or damage.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10

average depth Of five feet az ii cost
SOB, 774.75 These bitches we re inisl ,ed i'll
the spring of 1894 and have draine 4, re-
claimed and restored to ii liable state
thousands of acres of wet, 81 vampy and
Overfowed lands of the richest and m ost
fertile in the valley. A part of IL csc laL DIS
are owned by the state, and these have, VI
consequence of the drainage bee ONE Ell =
BANGED i'll value to an extent ex, ,eeding
the amount of money expended by the
state, In 1894 the board let CONTRACTS for
the Mustinka river ditch in Traverse
county, the BOrup ditch in Norman
county, the Snake River ditch in Folk |
county and the Kennedy ditch in Kittson !
county. The Mustinka river ditch is fin !
iShed. The other bitches. are incomplete |
and will not be finished until next sum-
mer and fall These bitches will drain
and reclaim a vast area of overhowed and !
wet lands, some of which are owned by
the state.
There is still considerable amount of
drainage that ought to be undertaken by
the state. OK this perhaps the most ex-
tensive and important is the opening of
the Middle river, near Argyle, in Marshall
county.
The strengthening and dyking of the
Otter Tail river in Wilkin county, and the
opening of the Rabbit river in Grant
county, are also works of Importance
More funds are required to complete this
system of drainage and l am confident
that no money can be expended to greater
advantage Or with better results than for
this purpose.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
REVIEW OF PINE LAND FRAUDS
Better Laws Needed For Regu-
lating Banks, and Loan and
Trust Companies.
FAVORS BOARD ARBITRATION
Another Insane Hospital Nee
essary, Near or in the
Twin Cities.
GOVERNOR NELSON'S MESSAGE TO
THE MINNESOTA LEGISLATURE.

GENTLEMEN OF THE SENATE AND HOUSE
OF REPRESENTATIVES,:
Conformable to law and custom, COM
municate to you by this message the
following information and suggestions
relative to the affairs and condition of the
state:
During the past year our state has had
its share in the industrial depression
prevailing throughout the nation. A
fairly good harvest has measurably re-
heved the situation. In those parts of the
state not devoted exclusively to wheat
farming, prosperity prevails, credit is
ample and money is far from scarce, and
even in the wheat farming belt there is no
actual restitution or distress.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
MUNICIPAL GOVERNMENT.

The Importance of securing more uni
FORM, more complete and we'll guarded
system of municipal government for our
larger towns is evident and pressing.
Since the adoption of the constitutional
amendment of 1892, inhibiting special leg
islation, the necessity for well digested
general plan has become still more urgent.
There seems to be two methods in vogue
in establishing city governments. By one
plan the legislative department of the
state government prepares and enacts in
detail the entire scheme and plan of mu-
nicipal government. BY the other plan, the
people of this city are left to perfect and
adopt their owl. municipal system. The
latter plan is of more recent origin, but
has proved quite satisfactory where tried.
If you proceed on this line, it will necessi-
tate the enactment and submission to the
people of a suitable constitutional amend
ment,
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
DAIRY AND FOOD COMMISSION.

The report of the dairy and food COM
missioner shows that energetic and con-
tinued efforts, meeting with considerable
success, have been made to protect the
dairy interest of the state against the in
roads of oleomargarine Seizure and con-
fiscation of the inhibited product has been
the most effective weapon-far more
dreaded than the mere naked pr osecution
of offenders.
In addition to it's other duties, the dairy
department, through it's first assistant
commissioner, has, without extra charge,
given instruction in butter making at the
state dairy school at ST. Anthony Park.
This school is a great factor in the devel-
opment of our dairy interest and is well
patroniZed and we'll sustained.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
STATE CENSUS.

Pursuant to section % of article of the
constitution, it is your duty to provide for
census of the state during the present
year. Provision should be made for cor
rect enumeration of inhabitants, also for a
correct census of the real and personal
property, the manufacturing, agricultural,
mining and commercial in dustries of the
state and of the labor and capital en-
ployed in the same. In order to insure
correctness, the work in detail ought not
to be committed to local assessors, but to
some other public functionary or to
persons especially appointed for that pur-
pose
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
WORLDS FAIR.

The Minnesota State Board of Worlds
Fair Managers have made and filed their
final report, with accompanying vouchers
and receipts, from which it appears they
have received and disbursed the following
sums:
Receipts.
Legislative appropriation, 1S91..$ 100000
Legislative appropriation 1S93.. 100000
Received for interest ON deposits
of special treasurer. .... 1896
Received for interest on deposits
of general treasurer. .... 1904
Received from all other sources,
as per detailed report. ....... 1,S2667
Net receipts .s153, 556 rs
Disbursements.
For Worlds Fair purposes, as
per vouchers and receipts :. .$137, 797. So
Unexpended balance returned in
to treasury. .................. 100000
Balance retained for printing
and distributing final report 1923
Total. .$l5o, oo6 20
The board performed their work with fl
deity, and energy. We are under great
obligation to this board and to the ladies'
auxiliary board for their gratuitous, zeal
Gus and efficient services.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10

sidered cases by our supreme court, as ap-
pears from the valuable report of the
Board of Game and Fish Commissioners, to
which l call your special attention.
The board has been very successful, under
the law, in s4es efforts to preservasthe fish
and game he state. While the act of
1893 is in & respects a model and very
effective, 4sSn two particulars it is
seriously e. ault. The period within
which duck / other similar birds may
be killed is d ely erroneous, and out of
place. This 9. occurred through acct
dent, and sh, be promptly corrected:
Except as - 'hing in international
waters, all fisl is prohibited between
Dec. and Apl.r IS, following. This pro-
vision is needlessly harsh and unjust The
settlers in our extensive lake region should
be permitted to catch fish, in proper
manner, at all seasons of the year, for
their own consumption but not for ship
ment. BY the terms of the act of 1893,
whitefish can be caught with a net only in
international waters This variety of fish
can not be caught with hook and line, but
only with a net. In the so called park
region of our state the lakes abound with
a species of whitefish. the best and most
palatable kind of fish in those lakes. This
act, by failing tYpermit the catching OF
such fish with a net, is really prohibitory
and practically interdicts such fishing.
This is unjust and unreasonable, and
should be remedied. l commend these
matters to your favorable consideration
and attention.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
GAME AND FISH LAW.

The legislature of 1893 codified all our
oame md fish laws into one act. Many of
the more important provisions of the act
have been sustained in several we'll con-
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10


tiles:
Investment of School Funds.
Cash ia, S7S.96
Land contracts Gncluding ST.,
S3592OA transferred inter
nal improvement land con-
tracts. Observation-Disclosures. ell, 1868, 43
Minnesota funding bonds,
10 per cent. ............ 100000
Tennessee settlement bonds, 3
per cent. 1873, $4,000
Minnesota revenue bonds,
per cent. :. ................ 100000
Minnesota building bonds,
per cent. ................. 100000
Tennessee redemption bonds,
41-a per cent. 49,. ....... 27o,OOO.OO
Tennessee redemption bonds,
per cent. ......... Ol,25OOO
Alabama consols, series "A"
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
Total. NEUTRALITY-SUSPICIOUS.. 81, 1896, 544 So

The total amount of the funded and
unfunded debt of the state, less cash in
the sinking and redemption fund, was,
Aug. 1, 1894, the sum of 81, 692, 1870.
In view of the large surplus in the gen.
eral revenue fund, it is evident that con-
siderable reduction in the levy of taxes for
general revenue purposes is warranted.
/, accordingly, recommend that such levy
do not exceed the sum of one and four
tenths of a mill on the dollar of taxable
property
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10
STATE FINANCES.

On the 10th day of November. 1894, the
state treasury had to the credit of the sew
eral funds hereinafter described, the. fol-
lowing sums of money:
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10

stment of School Funds.

Our school and university funds are in
vested in the following bonds and secur-
tiles.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10

ooe'A' ..SS1fAo~.~s
In view of the existence of this fund, its
permanent character. and its continued in
crease, more ample provision should be
made for its permanent investment than
is now given, to the end that as large
revenue as is compatible with safety may
be obtained from this Snurca
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10


The foregoing table shows that the high
est rate of interest is derives from school
districG and county bonds In view of
this fact and in view of she urgept de
mand for an enlarged field of invest
ment it would seem to- be judici
Gus and good economy to per
nit investment to be made, under,
proper safega; ards, in the hands of the sew.
eral towns, villages and cities of this state.
issued for genenal or municip ad purposes.
l accOrdinglH recommend that a proper
constitutional. amendment be passed and
submitted to the people for ratification at
the next general election, authorizing the
investment of the school and university
funds in bonds of the various municipal.
tiles of our state;
State InstftutieDs' Land Grant.
Under CHI apterr 5'of the General Laws of =
1865, swamp land grant of $4,000 acres
was made to certain charitable, educa--
tional and ,enal institutions OF the state
Three hun ired thousand acres Of these
lands have alb sady been selected, and from
these have been derived the following
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10

and per cent. 1s3,sOo.Oo
Alabama cOnsols, series "B,"
per cent. ....>.......,.... 100000
Alabama funding bonds, 4
per cent. ..:.~,--...,,.-. 1O5,7s7.5o
School district and county
bonds, per cent........-,.. 1,O27, 49, 70
|
$10,7l2 1880
Investments Of Universny Fund.
CASH. ....................,S S,92727
Land contracts Including $780,
163.4S transferred internal
improvement land contracts. 500. 1906
Minnesota funding bonds, 3 ID
per cent. ..........~........ 100000
Il ennessee settlement bonds, 3
DER cent. Observation-Disclosures. 100000
Nj nnesota revenue bonds, 4 per
- CT ent-......:................. 100000
Ten nessee redemption bonds
i 3 per cent. 2OOOO Oo
Fl III farm: ............-..... 1909. 10,
EXpe clIhehtal farm. .....-.... $4,000
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-01-10

and game a
1893 is in e
effective, q
seriously +
which duck +
be killed is
place. This
dent, and sht
Except as
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08

Argonaut, whether q true incident or
not, is finely illustrative Of the too COM
mon ignorance of non-religious people
on missionary work. 1t is highly prob
able the incident was intended as a sneer
at mission work, but il sincere it ex-
presses dense ignorance OF a very worthy
factor OF civilization. During the past
twenty-five years the Presbyterian
church has collected and expended s41,-
10000 for missions, and not one dollar
ever entrusted to it has been lost IN all
those twenty-five years. The expense OF
handling the money has been only four
cents on the dollar. Other churches do
probably equally as well. No private
business house, corporation or govern
mept within the limits of the United
States can make as good a showing for
the vastness Of the enterprise.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08

Redfe.d Obser YER, 4: 1t is gratifying
to note that despite the efforts of Tay-
lor's agents and those whose Judgment
Of his true position has been weakened
by maudlin sentimentality, that very
many people yet are not disposed to for
give Taylor and take him to their
bosoms again. They remember the
fable OF the farmer and the snake!..x
Nrs. Taylor packed up , bout everything
there was in the Taylor house and
shipped it to Lafayette. Ind, and what
was not shipped vas given away To
friends. In having taken everything
there was in the house on replevn, it ls
due Mrs. Taylor to state that she fur.
nished boLds in $1,000 pending decision
by the court on the justice OF having
claimed and taken all there was in the
house.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08
HE STUCK TO HIS FRIEND.
An Act of Heroism Which Saved q Wound
ed Mans Life.

An Act of Heroism Which Saved a Wound
ed Mans Life.
A young man named Henry Brault, a
resident Of Peterboro, Ont, recently
performed an act Of heroism, actuated
by friendship, which is worthy of rec.
ord among the heroic deeds Of heroic
men Of any age. Brault and another
young man, John Jameson, were at
work in the wild Madawaska region for
the St. Anthony Lumber company.
Jameson 1net with a severe accident,
which rendered him delirious, and
Brault started with him for civilization,
where surgical treatment could be had.
They had travelled on foot but a few
hundred yards when Jamieson's
strength gave out and he became help
less. Brault, determined to save his
companion, shouldered the invalid and
started on his long, cold tramp Of some
40 miles to the nearest railroad. With
out a moments sleep, and bearing, be-
sides his human burden, a pack of pro-
visions, Brault continued his journey
four days and nights. Almost as help
less from exhaustion and fatigue as his
friend was from illness, he had the sat-
~isfaction Of reaching the end of his
journey and placing Jameson where he
was able to be properly treated. -Des
Moines Leader.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08
A Famous Elm Cut Down.

The famous old elm which for n
centuries stood on Somerville avenue,
at the corner Of Central street, Somer-
Vile, has been cut down. The tree was
on the line Of march when the British
forces retreated from Lexington. 1t
bore a placard which furnished the in.
formation that the tree was planted in
1T by Thomas Rand. The exact
year is not known. The erection of a
building on the land near the tree, which
stood in the middle of the sidewalk. di-
rectly in front of the building, made IL
necessary to remove it. There was op-
position, and it was only after much de-
liberation by the city government that
the order for the removal of the tree was
passed. Many souvenir hunters have
carried of pieces 81 the tree.-Boston
Transcript.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08
A KANSAS CYCLONE
Five People Killed in a Storm
at Baxter Springs,
Kansas.
TWO OTHERS FATALLY HURT
Six Drowned by the Wreck Of
a River Packet Near
Memphis.

KANSAS CITY, July S.-A special from
Baxter Springs. Kan, says: A cyclone
which struck Baxter Springs killed five
people outright and two others were
injured and are not expected to live.
A dozen people were seriously injured.
Cooper & Hodgkin's dry goods store
was destroyed. the Methodist, Chris
tian and Colored Methodist churches
were blown down and a dozen resi-.
dences aad as many barns were totally
wrecked. Those killed outright are
l.. Hibbs, a Mrs. Webster and her
mother and daughter, James Neal.
The injuries of the mother of James
Neal and A. H. Haubuck will probably
prove fatal. All wires are down and
another storm is coming.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08

ION a recent missionary Sunday at one
ot the largest Presbyterian churches in
Philadelphia, the pastor preached on the
distress OF the heather and the bene-
icent influence Of Christianity, A prac.
tical business man was moved to pace a
dollar in the collection. After the SER
vice he waited.around: to speak to the
pastor. When he had secured his at
tention he said: PASTOR gave a dol
lar to the foreign mission this morning.
but I wa SO impressed by the descrip-
ton OF the condition of the heather
races that l would really like to have
them get the benefit Of that dollar
The pastor looked inquiringly, and the
man added: "Here is $40 to pay the ex
penses Of getting the dollar there"
The above taken from 9 leading dali,
paper and originally credited to tn,
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08
She Wilted Him.

There is one patron of the North
Pennsylvania street line who has the
reputation of being most dreadfully dis
agreeable. The conductors say he is a
kicker, and the neighbors say he has the
dyspepsia. Anyway he generally creates
q scene wherever he goes, but since a
recent experience he is a little particu-
lar about his conduct on a street car.
He boarded q crowded car at-well,
some street between Ohio and Seventh.
The aisle was filled with persons hold
ing on to the straps. He stood for a sec
ond in the doorway and glowered at
those within. The conductor placed his
hand on the shoulder of the bad tenn
pered man and said:
Pass ON, please, and don't stand in
the doorway
The disagreeable man turned his head
q bit and snapped in return:
Don't get gay. Stop your pushing,
or I'll report
The unfortunate man, while making
this speech to the conductor, did not OBJ
serve that q woman waa.Rttempting to
pass out. Like many others, he thought
the car had stopped for him alone. But
his Grabbed remarks were cut short by
an energetic shove from the lady passen-
ger. She thought his cutting remarks
were aimed at her, and in a high pitched
voice she replied:
"You are insulting. sir, and very un-
gentlemanly. must get out, and If you
are not enough of a gentleman to allow
me to pass I shall do some reporting. "
The bad tempered man tried to explain
and apologize. but the woman brushed
past him. All the passengers heard the
remarks and witnessed the incident, and
the disagreeable man looked truly
ashamed indianapolis Journal.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08

The business of the United STATE
land office at Aberdeen for the quarter
ending June 80, was as follows: Home
stead entries, 81, embracing.8,13 acres;
homestead final proofs, 50, embracing
1926 acres; final timber culture proofs,
81, embracing 4,357 acres. The total
number OF entries, original and final, was
135, embracing 20,479 acres. The grass
receipts were sl,57l.74. The government
land in this district subject to home
stead entry only has been. reduced to
200, 43S acres.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08

The business size of South Dakota
towns is thus indicated by Bradstreet's
commercial agent who has completed his
census of business houses: Sioux Falls
go, Deadwood 12l, Yankton 105, Aber-
deem 81, Lead 81, Watertown 90, Mitchell
81, Pierre "a, Hot Springs 50, Rapid City
IS, Eureka IS, Madison 20, Canton GO,
Huron 6S, Vermillion g., Centerville Sc,
Elk Point So, Beresford 81, Webster 40,
Parker 4S, Dell Rapids As, Flandrau 46,
Tyndall 46, Scotland A, Brookings A,
BOwdle A.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08
Surveying the Colvilla Reserve.

WENATCHEE, Wash, July ga party
of II surveyors arrived from Seattle
and left on the steamer for the north
to complete the surveys in the Colville
reservation. They expect to finish the
work this year, and it is hoped that
next year the president will see fit to
open the reservation, which contains a
large area Of agricultural land, to
homestead settlement. In the mean.
time, new Dsettlers are taking up land
along the Columbia, Okanogan and
Methow rivers, west of the reservation.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-07-08

Sioux Falls Forum, 4: There is every
probability that the case Of the Govern
ment vs.. Homestake Mining company
will be heard IN this city before Hon. A.
j. Edgerton, judge OF the United States
courts The case to Sioux Falls would
be OF more value than a session OF the
legislature. Taking all in all there will
b nearly 500 witnesses in the case and
it Is thought will last from thirty to
forty days. The town that secures the
osse should appreciate the favor.