Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1900-10-19

1o-lOfSe power. since, however, these
experiments were merely preliminary
ones, intended to test the possibil-
tiles of electric traction for large
barges, the excess power was sup
piled Intentionally, and the resist
ance requisite to call forth the full
powers of the motors was in some of
the experiments provided by RATS.
These experiments showed the sys-
tenn to be capable of meeting all
needs, working as it did, with safety
and economy.
On June %, 1891, number of Bel
gian commercial travellers founded a
mutual benefit as
ISOLATION. This in
stitution at first
had a limited professional character,
which has now completely disap-
peared, and to-day it unites without
distinction merchants, contractors.
foremen, travellers and clerks fact,
all persons connected with commercial
life. 1t is a vast association of trades
men, divided into professional sec
tons, maintaining in it's work the
original principles governing its crea
ton. There are throughout Belgium
5000 members, 500 of whom belong
to Brussels. Committees are located
in the important manufacturing and
trading centers of Alost, Antwerp,
Binche, Braine-le-Comte, Bruges, Cour-
trai, Dinant, Client, Liege, Mons.
Marchienne, Namur, Renaix, Journal,
Verviers and Ypres. The association
| interests itself in all questions con-
corning the various industries repre-
sented. 1t also eXerts it's best efforts
| toward inducing small tradesmen to
| join the movement.
Professional instruction, consisting
of courses in elementary and superior
| instruction in English, German, book
keeping, stenography and commercial
| law. is given free to members and
their sons under IS years of age. The
government contributes funds for
meeting this expense, and the instruc-
ton is terminated by rigid eXamina-
ton under the superintendent of pro-
fessors connected with the commercial
high school annex of the Institute ST.
Louis, at Brussels. Diplomas are
awarded, and already they have been
of great assistance in securing hon
| orable positions for the holders.
| In case of accident by rail or boat
or loss of position, the association ex-
tends aid. 1t also obtains reductions
in prices from doctors, druggists, den
lists, lighthouses, newspapers and
tram lines. One section occupies it
self in securing positions for members
seeking employment; another, in as
sisting members who have met with
reverses of fortune. A society has
been formed for the purpose of as
sisting members in the acquisition
and construction of houses. The gov.
eminent savings bank has promised
| to advance important sums under ad
vantageous conditions for this pur.
pose.
By paying monthly sum of 81
cents, members are assured of an al
most cratuitous medical service, as
well as monthly sum during illness
or incapacity to work, limited to
S14.47. Members have the right tc
select their medical advisers. The as
ISOLATION has also made an arrange
ment with the government savings
bank which permits members the priv
ilege of participation in subsidies &c
corded by the government. Pensions
and life insurance aye among the othe,
advantages offered.
p
The imperial supreme court of Ger
many (the last court of resort ant
appeal in the EN-
pire) has decided
that banking firm
or company selling stocks or bond.
is liable to refund the money to pur
chasers when any of the statement.
given in the prospectus published will
the issue of said loan or stock ar,
found not to be in accordance will
facts. The decision was in case
that came up on appeal from lower
court which had decided against {
banking firm that had recommended
certain shares of stock of an industrial
company as promising-after the frs
year of its operation-about five pei
cent. dividend, and within four or fiv,
years thereafter still more. The bank
ers, as stated by claimant. also rec
commended the stock-issuing COMPANY
as being a concern of brilliant futur,
results and the stock as a good ant
safe investment. The lower court helt
the first statements of the bankers
to be of a general nature which ar,
customary in business usage and no
of a character to make them responsi
BILE, but decided against the defend
ants on account of the aforementioned
remarks, which amounted to a guar
anty.
The imperial court, on appeal, de
cided that the bankers were liabl,
under the aforementioned statements
which they admitted to have bee,
made by them, and which established
their liability without regard to tn,
point on which the lower court has
formed it's Judgment.