The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1913-02-21


pose of real estate holdings in Okla
Iona, which it had acquired by fore
closures. At the sale, enator Thorn
as said he was informed, property
worth between $4,000 and $4,000
sold for as low as $4,000 to the
building and loan auditor and per-
sons interested with him. Before the
purchase price was paid, the senator
said, resale of the property was ar
ranged for at more than the pur-
chase price.
"The remainder" said the senator
from Lawton, 'is being held as vel
vet, which is the way the boys would
put it."
There is a stockholder of the
company residing Gin my town
(Claremore), said Senator Graham,
"and, as | am informed, Senator
Thomas has stated the facts"
"My information comes from direc-
tors and managers of the company,
explained Senator Thomas. Il would
have offered a resolution to invesu-
gate the matter only | thought there
was a sufficient number of inyest'
cations running at one time
Senator Thompson declared that
the position ought to be abolished
Senator Memminger did not agree
with that idea, but said the Dill
ought to provide that the present
building and loan auditor could not
he continued in office by the bank
commissioner.
Unwse to Kill Provision.
"Ie the building and loan auditor
has been guilty of these things said
Senator Roddie, "he should be put out
of office, but it is unwise to Kill the
provision of the law authorizing su-
pervision of the building and loan
companies"
The senator from Ada said If
charges kept coming as they had it
would not be long until all offices
were abolished, and by the time the
session ended the people would want
to abolish the legislature.
Senator Vandeventer defended the
amendment to increase the auditors
salary, and said if the stockholders
and directors of the Aetna company
had quarreled to the point of nearly
wrecking the company, the blame
should not be laid to the department
auditor. The bank commissioners of
Kansas and Oklahoma got together,
be said, and demanded that certain
things be done by the company.
"If the gentleman will yield" said
Senator Thomas, II will say they got
together ar,l the controversy was
an issue in Kansas. and today Kan
sas has a democratic governor"
Does the senator mean to say that
a quarrel over an obscure building
: and loan company reversed the po-
litical fortunes of the state Of Kan
sas?" asked senator Vandeventer.
That's what | mean to say"
"Then the senator makes the state
ment at the expense of his political
intelligence" replied the Bartlesvile
senator.
"a political revolution that swept
the country was responsible for the
charge in that state, and nothing
that happened to this obscure build
ing and loan company"
Salary Increase Defeated.
The amendment to increase the
salary was defeated. Other amend
ments seeking to lower salaries pro-
vided in the bill also failed.
Among the new senate bills were:
BY Mr.. McMechan, regulating the
employment of stage hands in thea
ters; by Mr.. Mcintosh, to define I
criminal contempts and fixing pun
ishment; by Mr.. Barrett of the sen
ate and Mr.. Farrell of the house,
establishing a state training school
near Tecumseh for waywaId and in
corrigible girls.
A new bill in the house was by
Messrs Smith of Pottawatomie, Carr,
Ilill of Pittsburg, Williams of Ca