The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1896-03-03

campment will be fully maintained.
The veterans OF Lake county will as
usual be on hand when there liz any
thing going on for them at Flandreau.
In to-day's issue of The DAILY LEAD
ER appears the official statement of The
Madison State Bank. 1t presents a
good showing and sound condition. A
careful study Of it's figures will show
that the bank is growing In business,
but especially in those elements which
constitute a strong and safe money de-
pository. 1t is managed on conservative
lines and keeps its resources we'll in
hand which are the features that COM
a., nd it to public confidence. And that
it has the public confidence is we'll illus
trated by it's steadily increasing depos-
it's, surplus and patronage
The snow storm OF last night brought
US several inches of the beautiful which
will be highly appreciated. This is vir-
tually the fret precipitation we have
had, in either snow or ram since last
November. 1t will moisten the surface
and lay the dust for spring seeding and
adds to the rich promise OF next years
crop. Farmers tell us that not in many
,ears in Dakota has the ground frozen
up with SO much moisture IN it as 1t
did last fall, and a few more SHOWS like
yesterday and last night would do much
to preserve the moisture now in the
ground. The storm, which came down
from the north, has been much severer
in cold and heavier in snowfall in the
northern part of this state and down the
James and Missouri river valleys, &C
cordlng to reports, than here, but mois-
ture is more Mt eded in those parts and
this again seems providential. From a
foot to sixteen inches OF snow is report
ed in the northern parts OF the state.
This Is good ews and augurs we'll for
more snow or rain this month. A sno
torn that would be a hardship and
even a calamity to eastern states is a
blessing to South Dakota. May more
Of them come at an early date.
The annual meeting Of the building
and loan association was not largely at
tended last evening and everything
passed of quietly and pleasantly. The
directors held a short session before the
annual meeting took place, but no mon
ey was bid off. There were no bidders
for A money and B had none to sell.
At the annual meeting the following
were elected directors for the ensuing
year: d. McKinnon, ID. E. Stoddard,
Vim. Tobin, VIM. Rae, Ivan Hubbell, X.
B. Fitzgerald, Geo. Cook. For secretary,
Adolph Schmidt was unanimously re-
elected, and Jacob kundert elected
treasurer. The association authorized
the b, ard OF directors to grant the Sec
tary pay for extra labor until the closing
out OF series A at not to exceed $40 per
month. Upon adjournment of the an
nual meeting, the new board met and
organized by the election Of r. B. Fitz:
gerald, president, VIM. Rae, vice presi-
dent. Committees we're appointed as
follows: Finance, Stoddsrd, Hubbell,
Cook. Auditing, Tobin, Rae, McKinnon,
The annual reports Of the secretary
and treasurer were read to the associa-
ton and by 1t referred to the auditing
committee. The secretary's report shows
that series A, eight years old, has 155
shares; members have paid in. per share,
500; net earnings per share, 1861; pres
ent worth of share, $172.6l. Series B is
flour years n month old and has 258
ishares. There has been paid by mem.
1bers on each share, $40; net earnings
per share, $27.4l; present worth OF share,
S76.41.
House for rent. Farm for rent. House
to trade for farm. Horses wanted in ex-
change for city property.
j. L. JONES.
Large key found; apply at this Office.