Omaha daily bee., 1906-09-13

question II is said the state treasurer
merely acts as trustee for the university.
Subsequent to all the decision of the
supreme court. relating to university funds,
the legislature of 1899 passed an act ex-
pressly, directing the regents to apply gifts
to the purposes specified by the donor. If
the argument of the regents is good, the
money in dispute must be turned over to
the regents without an act of the legis-
lature or the funds will be lost to the
university. State Auditor Searle is of the
opinion that the act of 1899, directing the
regents to apply such funds without a
specific act OF the legislature Is uncon-
stitutional. '
RushvilIe Rifes in Camp.
Adjutant General Culver has issued an
order for the Rushville Rifles. an indie
pendent military organization, to go into
camp on White Clay creek. Sheridan
county, September 2s, and to remain an
indefinite time, probably six days. Captain
ALBERT commands the company. The COM
pany will be required to participate in
target practice. company drill. outpost
duty, advance and rear guard, individual
competition in the manual of arms, and
competition between squads In drill reg
ulations.
General Culver says he has enough equip
ment on hand to supply the deficiencies
found in the guards equipment by a gov
eminent inspector. Tents have been issued
and overcoats will remain on deposit in the
adjutant generals store rooms. The
The armament for the battery at Wymore
cannot be drawn until another section Of
the battery is organized. This armament
will draw heavily on Nebraska's allotment.
but the adjutant general is devising a plan
to organize another section.
Game warden Must Keep on.
Game Warden Carter. who has been try
ing to enforce the. state game laws on the
Fort Niobrara military reservation. has
received the following letter from the sec
rotary at Washington:
Dear Sir: Referring TO your letter Of
August 16 in which you make inquiry, in
effect, as to whether the fish and game
laws of the state of Nebraska are OPP
erative on the military reservation at Fort
Nlobrara, and whether you and your
deputies are or are not subject to eject
ment from that reservation as intruders II
you attempt TO enforce observance of the
state fish and game laws thereon: I have
cS CUISINE the legal features " the case
which was referred to him for con-
sideration. reports az follows:
81 am therefore. OF the opinion that the
FISH and game laws Of the state of Ne
braska are not. operative on the military
reservation of Fort Niabrara; and it, is
suggested that the chief game warden of
the state be so advised. If, after such
notification. the attempt is made to execute
the game laws within the limits of the
military reservation, the warden or other
officer attempting such enforcement should
be ordered TO desist for the reasons above
stated. and, II he persist In such attempted
execution. he may be removed from the
reservation" sf
These views of the Judge advocate gen
nj Of laa aaN (tN@fl Oh. a.,
been cohcurred in by the acting secretary
Of war. and by his direction are hereby
communicated to you for your information.
Building and Loan tsEOcintiOns.
Secretary. Royse has compiled a report of
the slxty-one building and loan associa-
tions Of Nebraska fer the year ending
June so, He finds the reports of such asso-
Citations to be favorable He said;
There has been a gain of only two assoc
cations duringthe year while the increase
IN total assets amounts to Sl.692, $685. which
o a9 s2.T %S sb up r. the Sc
first mortgage loans IN process OF fore
closure has been reduced S9.s9066 Delin-
been reduced sI.O6I &c. The humber OF
shares IN force is 1921 an Increase Of
There were S7.sI7 shares issued during
the fiscal year an increase of 1887 over
the number issued the previous year. The
amount OF mortgages subject 10 fore
closure has been reduced Sci. 5es g. during
the year. The number Of borrowinS
shareholders has increased 1901, and The
number OF non-borrowing shareholders Cos
The average rate OF interest charged
borrowers during the fiscal year was lilo
per cent and the average rate OF dividends
declared 1-20 per cent
There has been an increase In real estate
holdings during the year caused by the
purchase by some Of the larger assocla-
lions OF home offices There was 81 sss.-
7bi. IS more business done by the asscciatiORs
during the last hscal wear than during the
nrevious year and an increased expense Of
S33 W. 50 90 -
Following is summary Of their financial
status:
ASSETS
First mortgage loans. s.. 800 Is4.sl
OF foreclosure .....s.s.........., ASA .aa
Stock loans ............s.a....... 2skiOl ~
Real estate ....................... 15s 2s3 IS
Furniture and stGt.onery..........is, a aSf. 51
Cash .........4....... s4s.54S As