The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1912-02-01
DAKOTA STATE NEWS

dctment, wnlcn Is said TO De DONG Roou
work in that state. The proposed law
VIII require corporations which propose
doing business in this state to show to
the state bank examiner that they have
a foundation Of fact, and that there is a
chance Of the investor getting a return
on his investment. Agents of any stock
corporation will be required to secure
certificates from the state banking de-
partment before they can solicit business,
and unless they can convince this au-
tnor.ty that their scheme has enough
merit In 1t to promise actual cash re-
turns from the investment, they viii be
refused the desired permission to do So
Letting, with a penitentiary penalty at
tached for violation.
STURGIS-The Meade County bank, of
Sturgis, 8. D., which is under temporary
suspension Of payment on account Of the
reserve being below the legal require
ments, expects to resume business soon.
The public examiner finds nothing to
criticise as to the active officers of the
band. A national bank is required to keep
is per cent Of its deposits on hand in cash
and when the reserve falls below the re-
quired amount 1t is the duty of the exam
liner to require the ban to suspend until
the required reserve is restored. The pro-
cess of restoring this reserve Is going OF
as rapidly as local conditions will admit,
n the bank will resume business. with
out q doubt, under some arrangement In
the near future.
ELK POINT-Reports made at the an
nual meeting OF the Farmers Mutual Fire
Insurance association Of Union county
show that during the past year the as
ISOLATION paid 80 loses. amounting to S.
217.S3, leaving a balance in the treasury of
$3,5c6.o7. The association has q member
ship Of 1.4Oo. making 1t the largest farm
ers insurance organization In the state.
The amount Of insurance in force Decem-
Der 81 last was g. 20, ITO.
RAPID CITY-Referee J. X. Hull re-
ceived the papers In the voluntary bank
ruptcy case of Edward Brazzel, a saloon
man of Carter, in Trip county. The
schedules show liabilities Of s13, 1O2 and as
sets amounting to So, 915. OF the liabilities
there are secured claims of 1880. unse-
cured Of $5,522, wages $500 and taxes $50.
The assets consist Of stock $165 and real
and personal property So, $50 claimed ex-
empt. The first meeting of creditors is set
for February Is.
CUSTER-Electric light for civic and
domestic use has Just been installed here
by the Custer Electric Light, Heat and
Power company. composed Of local men.
The old paint factory was secured and
made over to hold q complete plant, the
water being taken from French creek,
iiOoA W. lHc pIdHt Is diSO lHlclutu W
furnish electric power for near by mining
properties and marks a new era In the
Industrial circles Of the southern Black
Hills.
LETCHER-At a meeting of the Letch-
er Booster club, held last evening 1t was
decided to hold a corn show and good
roads meeting the latter part of Febru-
airy, at which time some of the leading
men OF the state will be present. Good
rrnpnt,Ypno fnr NhA tfN.oz Ltd. - --.t-
will be offered by the Booster club and
the business men OF the town. The mat
ter Of waterworks and sewer system for
the town was also discussed.
DUPREE-What Is said to be an in
~exhaustible supply Of building stone has
been discovered on the farm of III. c.
Lafferty, just west of Dupree, in Cor
son county. The stone was test
ed by the state college at Brook
ings, and pronounced to be Of fine quail
ity and equal to any building stone in
the state. Mr.. Lafferty is preparing to
open a quarry and handle the stone on an
extensive scale.
WAKPALA-An Indian named Ell
L~ookingback was found frozen to death
four and a half miles north Of Wakpala,
west of the Missouri river, by a home
steader. The latter notified the Corson
county authorizes and an investigation
brought out the fact that Lookingback
was subject to epileptic fits and had prob
ably suffered an attack and persisted IN
the cold while unconscious.
Observation-Disclosures Of thousands of
fsh In Lake Traverse AVE been saved
through the efforts OF County Game War
den wanson Owing to the low stage Of
water the fish had commenced smother
ing under the ice, but the game warden
relieved the situation by cutting holes in
the ice at points where the fish congre-
gate and thus giving them air holes.
CENTERVILLE-Miss Mary Simpson
has rendered her resignation of the posi-
ton Of principal of the local school, but
a strong effort is being made to have her
reconsider the matter ana withdraw ii.
She has made an excellent record for eff
cheney and 1t appears the general desire
Of the citizens that she remain at the
head Of the high school.
DUPREE-Despite snow blockades and
other inconvenience of pioneering. the
w on the branch lines west OF the
Missouri river in northwestern South Da-
kota continue to grow. An addition has
already been plated to Dupree, the coun-
ty seat of Ziebach county, although the
town is less than two years old.
ORIENT-There is rejoicing among the
people of the Roscoe-Orlent line of the
railroad because the COM
pany, after extended interruption, again
has established daily train service on the
line.
ACKNOWLEDGEMENTS are being
completed for a farmers institute, which
will be held in the Wakonda opera house
on January rs and q. 1t is expected hun
dreds of farmers will be in attendance.
M'INTOSH-The bankers of Corson
county have organized a county associa-
ton. The editors OF all the county news
papers a been elected honorary MEM
beers of the association.
PlERRE-The state board of control of
the fremen's association has selected June
II to q, inclusive, as the dates for the
state tournament which will be held In
this city this year.
PIERRE-A meeting of the state par
don board has been called for January 30,
at which a number of pending applica-
lions for clemency will be considered and
acted upon.
EGAN-A reading room for the young
men of Egan has been established in the
basement Of the Methodist church. It Is
planned to also Install a gymnasium.
EMERY-The annual ball of the Emery
volunteer fire department was held this
week.
BRYANT-A band has been organized
here and has commenced practice.
NORTHWEST DEATHS.