Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-23


monument made Of .......... marble
or granite Of the following dimensions:
Height. including bottom base. $1,000.
with Inscription engraved thereon:
.......... ............ ........-.'.'''
.......... ............ .......' -.
Design No. to be delivered al
....... during the month Of.
1871. or as soon thereafter as convent
lent, and ........ after date for value
received -. promise to pay to the or
der of Central Iowa Granite Company
at Waterloo. Iowa Dollars,
With interest at the rate of eight. 49,.
per cent per annum from date. .......
payable annually, and If the interest or
principal is not paid when due, both
shall draw s per cent interest from the
time the same becomes due. If this
note or any part thereof is not paid
when due and a suit OF law is begun
to collect the same, reasonable at
torney's fee shall be allowed and taxed
with the costs in the case. And. 5000.
hereby expr essly agree and consent
that in any suit brought on this note
by the holder hereof. any justice OF the
such suit may be brought may have
and exercise full and complete juris-
diction in the case to any amount not
exceeding $500.
The makers and endorsers hereof
each waive demand, notice of protest
snd nonpaynent and consent that this
or in part at maturity.
l. Nd 10
10 the monument for which this not Is
given shall not pass until the purchase
price is fully paid. and firm or agent
may without notice enter cemetery
ard remove said monument without
n,e1,;, and payment therefor made
+. o.
Ore banker talking ahou, this mat
ter says the banks bought contract
notes" which are good if the contract
is carried out, otherwise not. To an
outsider it appears tina; anyone signing
the above printed form, signed not only
a contract but q note Furthermore.
when that note was signed II was ne
gotiahie paper and any bank could hold
ment was delivered before or after the
note became due. Those words. "or as
soon as convenient thereafter" leave q
loophole big enough for any emery
ency, while those other words, value
received" have great weigh, in our
courts OF law. The big lesson for our
farmers and others dealing with
strangers is not TO sign any papers Of
this kind. Sign a contract as con-
tract Sign a note as a note. And in
signing any paper. read the small
print and filed in written words with
more than ordinary care.
The writer heard a story the other
day concerning two girl caterers In
Sioux City which illustrates possibili-
ties. Less than ten years ago these
two girls. obliged TO earn their own
living. started 1T a small way as cater
ers for small parties and society sunc-
lions. Their business grew steadily
because they suited their patrons and
today thev own two fats in Sioux
City, and have all the engagements
they can possibly accept. The reader
can ill in all that might be said con-
corning all other girls obliged to earn
q living and add a few words con-
corning some boys that for the past ten
years have lived at home and not
earned their salt. %.
!. is nlatter-ot common report that
thu mail order houses Of Chicago and
elsewhere will IN the near future. if
some are not doing it now, offer we'll
TODD farmers and others TO open an
account" with then, on exactly the
same line our Iowa sforekeepers and
other home business concerns are glad
10 do with responsible farmers and
townspeople. The writer is told that
one big wholesale implement house
row invites the farmers 10 buy OF
them on the same terms that the local
dealer offers. AS matter of bust
ness-sate busiress-these mail order
houses and implement dealers can sell
goods 10 cur Iowa farmers and charge
IL" as well a. local dealers ana the
wonder is they have not inaugurated
the system long ago. On the other
hand such system, while it may In
crease the volume Of business" Ger
ta;nly makes the competition our local
dealers severely feel less on a credit
than on a cash SYSTEM So that the
local business men in !owa towns in
the long run viii be benefited by a
credit system Il adopted by the mail
order houses. All theories to the con
trary are knocked out By a spot cash
/ business.
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