Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1900-07-12
NOTES FROM THE CAPITAL
DIES MoINEs, July Q. 1901

Hon. Smith Mcpherson, judge OF the
federal court of the southern district
of Iowa, was in the city few days
ago for the first time since taking his
oath of Office. While IN the city he
announced the appointment OF MISS
| Grace Woolson as his private secretary
and also confirmed the announcement
of the appointment of William Hamp-
toa as court bailiff. He will not re-
owe to Des Moines, as it has been
umored, but will make his permanent
Headquarters at Red Oak.
In an opinion recently submitted to
the executive council by Attorney
General Remley it was held that build
ing and loan associations have no right
to contract an indebtedness, other
than the stock authorized to be issued
in accordance to law. This is ques-
ton that has been causing trouble
to the executive council. In amend
ing their articles of incorporation
many of the building and loan. and
savings and loan associations have
been insistent in demanding from the
council that they be allowed to pro-
vide for Indebtedness other than the
stock. In some instances, they have
asked that the limit of Indebtedness
which they should be allowed to con-
tract, should be placed at as high a
figure as IS per cent of the stock. The
council opposed this as illegal,
and to settle the question finally asked
for an opinion. Mr.. Remley's opinion
leaves no doubt on the subject. He
comes out in hat-footed terms and OPP
poses the legality of the method Of
contracting Indebtedness such as the
companies propose.
Harry West has returned from New
York, where he went to meet the par
ties with whom he is negotiating for
the organization of company which
will operate the packing house prop
critics in Des MONIES. Mr.. West said.
LAS a result of my trip can say con-
fidently that the packing houses will
be opened this fall and operated dur
| ing the winter season to their capac-
| ity. The company will be composed
of experienced packing house men
| who have been engaged in the business
for years, know the markets and have
an outlet for their product and who
will have sufficient capital to carry on
the business. Further than this
cannot give out great deal of infor-
nation at this time. One of the gen.
tlemen who will be interested in the
project, and who will be at the head OF
the institution, is now etfecting a set
Element of his affairs to come to Des
Moines to give the business his per.
sonal attention, and until he closes
this matter he does not want to be
known in the packing house deal.
The probabilities are that practically
| all OF the brick for the top or surface
| course Of about seven miles of brick
| paving to be laid in Council BluffA this
year and next spring, will be furnished
by Des Moines brick makers. The first
order has been placed with the Capital
City Brick and Pipe company for all
the bevel edged brick II can supply this
season and the company expects to de-
liver about 100000 brick before cold
weather sets in. 1t is expected that
other orders equally as large will be
placed with the Flint and Iowa COM
| panies and that the delivery will be
commenced in ten day or two weeks.
The work will necessitate the use OF
several times as many brick as have
already been ordered and 1t il con-
sidered almost certain that the orders
4
in a short time. Altogether the order
is one OF the largest ever placed with
Des Moines brick makers and will keep
the plants fairly busy for the balance
of the season, though 1t will not tax
| their capacities and the manufacturers
are out for more orders in other cities
In which paving will be done this
| year.
The big orders come at an opportune
| Tho win hrIck fndnstrv
cause of litigation and the large
amount os work that has been COM
| pleted in the past three or four years,
has been unusually dull during the
past two seasons and the yards have
been running largely on orders for
builders. But this season the building
brick trade has not been as good as
1t was last year and the indications
were. up to the time the Council Bluffs
orders were placed, that some of the
yards would have to run short time or
close down until stocks on hand were
disposed Of
General Byers has received a mes
sage from the quartermaster general
at Washington to the effect that the
state will receive back the tentage
with which the volunteers were furn-
ished when they entered the United
States service in 1893. The tentape
has already been ordered shipped to
Des Moines from the depots at st
Louis, Chicago, and st. Asapeth, Va
This will insure the guard good tent
tentage at the encampments. and is
regarded as an important accession
to the quartermaster's stores of the
state.
The building and loan law passed
by the last legislature has been de.
clared unconstitutional by Judge Bis
hop of the district court, in SO Ear as
it affects existing contracts. The
Iowa Central Building and Loan As
ISOLATION sought to foreclose against
one Wilson, claiming Sl,0i7. Wilson
admitted the obligation, but claimed
that under the new law the associa
ton could collect only ss0s. The as
ISOLATION demurred to this defense Oh
the ground that the law was unconsti.
tutional in that it impairs the obligs,
ton of contract, deprives plaintiff OF
property without process of law, di
verts vested rights and denies tc
plaintiff equal protection under the
law. Judge Bishop sustained the de
murrer.