davidaulloa/AmericanStories huggingface dataset:
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
SEALED TENDERS.

Sealed tenders will be received by
the Superintendent of Public Works
up until u noon of Saturday, August
8, 1913, for the furnishing and Install
ing steel furniture for the judiciary
building, Honolulu. ...... =. . Il.
Plans, specifications and blank
forms for proposal are on file in the
office of the Superintendent of Pub
lie Works. Capitol Building. .sH"
The Superintendent of public Works
reserves the right to reject any or
all tenders: ........... =.=...>
- j. w. CALDWELL. "
~ Superintendent of Public Works.
Honolulu, June 90. 1913. :...-E,
-. 5577-10t. -: Il"
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
EVA Dividend
CUT TO j cts.
MARKET Cheers

What is regarded as significantly
good news is the announcement at last
Of action on Eva plantations diyi-
dends. The directors have cut the
dividend from Il TO cents share,
but the fact that the dividend was
not suspended entirely is the good
news that has had an effect of cheer
ing up the street" and solidifying the
market somewhat. ~. 80 -.
The new schedule will make a per
cent dividend for the year on Eva
stock, and hereafter the monthly plum
to be cut will amount to- $12.500.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
BUILDER AND Jos8ER
WASHING AND IRONING

Work guaranteed reasonable, Call
and deliver. See Wo, River mr.. Kukui.
-..:...-... 5577-ly
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
DIED..

SOUSA-At Emhurst, Cal, June 90.
1913, Theodore c. SoUsa, aged %
years, brother of J. C.. Sousa, and a
native of Honolulu. -: =.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20

A new addition to the Japanese
school at Moiliili has been finished
and is now receiving coat OF paint.
The three new cottages being erect
ed at the corner of Alapai and Hotel
streets occasioned the removal OF a
number of billboards.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
SALES

SALES
Between Boards $4,000 Haw Irr-
Us, $500; $4,000 Hilo 1901 Is, 5000;
$500 Hilo 1901 Is, 5000; $1,000 Hilo
191 IS, 5000; Is Pines, $500; 25 Oahu
SGg. Co., 400; 80 H. B. & NJ Co.,
cots; 20 H. B. & NJ. Co., 20.75.
Session Sales-25 H. C. & s. Co.,
|2412k; Hutchinson, 1900; Ono
mea, 1000.
Sugar Quotations degrees an
alysis Deets, 9s. 4d Parity, 1896. 90
degrees centrifugals, 3.33
DIVIDENDS
June 20, 1913
Haw. Ag. Co. .............. so
Pdhang Rubber ................ 10
NOTICE
Eva stock books closed II o'clock
noon Thursday, June 19, 1913, to Mon
day, June 80, 1913, inclusive.
Latest sugar quotation, 1888 cents or
$1,000 per ton.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
Honolulu Stock Exchange
MERCANTILE

Friday. June 20.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-06-20
SITUATION WANTED.
PERSONAL
FOR SALE.

Alligator pear. trees Choice grated
varieties at c.. j.. Day & Co
...... ...." 5577-2w ...-.. IL: ~.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
CLASSES OF DIRECTORS.
Board Of Nine TO Control Each Reserve
Bank.


Bank.
Every federal reserve bank shall be
conducted under the supervision and
control OF a board Of directors.
Such board Of directors shall be se-
iected rs hereinafter specified and shall
consist OF nine mambers. holding Office
for three years and divided into three
classes. designated as Glasses A, b
and T..
Class A shall consist OF three mem.
bers. who shall be chosen by and be
representative Of the stock holding
banks
Glass 3 shall consist OF three mem
bers. who ut the time Of their election
shall be actively engaged In their dis
trict In commerce. In agriculture or In
some other Industrial pursuit
Class e shall consist of three mem
bers. who shall be designated by the
federal reserve board. When the nee.
essary subscriptions TO the capital
stock have been obtained for the or
ganizattoH for any federal reserve
bank the federal reserve board shall
appoint the Glass g directors and shall
designate one Of such directors rs
chairman OF the board to be selected
Pending the designation Of such chair
man the organization committee shall
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
THE wATcHMAN AND sourRRoN, DECEMBER 81 1873.

this requirement. Whenever a vacan-
cy shall occur other than by expiration
OF term among the six members Of the
federal reserve board appointed by the
president as above provided, a success
sor shall be appointed by the president,
with the advice and consent of the
senate. to I'll such vacancy.
The president shall have power to
nll oil vacancies that may happen on
the federal reserve board during the
recess Of the senate by granting com.
missions which shall expire thirty days
after the next session Of the senate
.0nveneS.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
NAMING RESERVE BANKS.


To Take Title Of Principal City In Ne.
ssrvs District
The said committee shall supervise
the organization I'm each Of the cities
designated OF q federal reserve bank.
which shall include I'm It's title the
name OF the city in which II Is situat-
ed. as Federal Reserve Bank OF Chi
cago."
Under regulations To be prescribed by
the organization committee every na-
tional banking association in the Unit
cd STATES Is hereby required and every
eligible bank Ia the United States and
every trust company within the Dis
trict OF Columbia In hereby authorized
TO signify In writing within sixty days
after the passage OF this net Its nc.
ceptance OF the terms and provisions
hereof
When the organization committee
shall have designated the cities In
which federal reserve banks are to be
organized and fixed the geographical
limits OF the federal reserve districts
every national banking association
within that district shall be required
within thirty days after notice from
the orgS nization committee to sub
scribe To the capital stock Of such fed
erul reserve bank In n sum equal to @
per cent OF the paid up capital stock
and surplus OF such bank
Any national bank falling TO signify
its acceptance Of the terms Of this act
within the sixty days aforesaid shall
cease Co act as a reserve agent upon
thirty days notice TO be given within
the discretion of the said orga nizat tion
committee or Of the federal reserve
board.
Should any national banking associa.
ton In the United States now organ.
lied fall within one year after the pas.
sage Of this act 20 become q member
bank under the provisions hercinbefore
stated or fniI to comply with any Of
the provisions OF this net applicable
thereto oil of the rights. privileges and
franchises Of such association granted
TO II under the national bank net or un.
der the provisions OF this act shall be
thereby forfeited
No Individual. copartnership or cor.
porntion other than member bank
OF It's district shall be permitted to
subscribe for or TO hold ut any time
more than $4,000 par ~yalue OF stock
In fny federal reserve bank. Such
stock shall be known as public stock
and may be transferred on the books
Of the federal reserve bank by the
chairman Of the board Of directors OF
such bank.
Should the subscription Of stock by
banks and the public be inadequate
the government itself may subscribe
for stock. Stock not held by member
banks shall be voted by Class q direc-
tors ouly.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31

wheresoever 1t my deem best FOR tAS
purpose OF purchasing. selling and col.
lecting bills Of exchange. end to buy
and sell with or without its indorye.
ment through such correspondents or
agencies, bills Of exchange arising out
OF actual commercial transactions
which have not more than ninety days
to run and which bear the signature
OF TWO or more responsible parties.
section Is provides that moneys held
In the general fund Of the United
states treasury. except the 8 Der cen
tam fund for the redemption Of out.
standing national bank notes and the
funds provided in the act for the 70.
demption Of federal reserve notea.
may be deposited in federal reserve
banks which shall act as fiscal asents
and that the funds of the Philipplne
Islands. the postal savings and any
other government funds must be de-
posted in federal reserve banks.
Section 18 provides for the issuance
Of federal reserve notes to federal re-
serve banks. redeemable in gold on de-
mand at the treasury department or
In gold or lawful money at sny fed
eral reserve bank. The collateral -
curity shall be notes and bills accent.
ed for rediscount under section 10.
Federal reserve banks shall have q
gold reserve Of 40 per cent of their
federal reserve notes and shall main.
tain In the United States treasury In
gold reserve Of not less than per
cent Of the federal reserve notes Tor
their redemption.
Section II repeals laws requiring ma
tional banks to deposit government
bonds with the United States treasures.
Section 1S provides q plan for retir-
Ing the 2 per cent bonds on which the
present currency is based. Under the
plan $25.O0O000 worth Of these bonds
will be purchased each year, beginning
two years after the system Is placed n
operation. by the new regional banks
from member banks On one half o6
Its holdings each regional bank may ~
sue currency. The remainder will b
refunded in 3 per cent thirty year
bonds or per cent one year treasury
notes. which the banks must agree 70
renew each year for thirty years.
Section 10 describes how member
banks shall establish and maintain 70.
serves.
Section 81 provides for the examine.
tion Of each member bank by the
comptrcller Of the currency at least
twice year. for special examination
OF member banks when desired By
federal reserve banks and for Q spe.
cial examination Of any federal rs-
serve bank upon the application Of
ten member banks.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31

means Of redis-
countint: commC.
cial pnIsr. 10 e.
tabIish 10 more ef-
fscttvs super.
vision Of banking
In the u nited
states and for
other purposes.
That the short
title CT this act
shall be the fed
srai reserve act"
Sec. 2. As soon
ns practicable the
secretary OF the
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31

exercise the powers and duties apper-
tanning to the Office Of chairman in the
organization of such federal reserve
bank.
No senator or representative In con.
gress shall be member Of federal re-
serve board or an officer or a director
Of a federal reserve bank.
No director Of Glass B shall be an
officer. director or employee of any
bank.
No director Of Class Q shall be an
officer. director. employee or stock.
holder Of any bank.
Glass G directors shall be appointed
by the federal reserve bo... Tho
shall have been for at least two years
residents Of the district for which
they are appointed. one Of whom
shall be designated by said board as
chairman of the board Of directors of
the federal reserve bank and as fed.
eral reserve agent" He shall be >
person Of tested banking experience,
and In addition to his duties az chair.
man OF the board Of directors Of the
federal reserve bank he shat be re
Quired to maintain under regulations
to be established by the federal reserve
board local Office Of said boaid on
the premises Of the federal reser G
bank.
Sec. q The capital stock Of each fet
eral reserve bank shall be divided into
shares Of 500 each.
Division Of Esrninas.
Sec. z. After all necessary expenses
OF q federal reserve bank have been
paid or provided for. the stockhold.
ers shall be entitled to receive an
annual dividend of 6 per centum on
the paid In capital stock. which divi-
dend shall be cumulative. After the
aforesaid dividend claims have been
fully met oil net earnings shall be paid
to the United States as a franchise
tax. except that one-haif Of such net
earnings shall be paid into surplus
fund until 1t shall amount to 40 per
centum Of the paid In capital stock Of
such bank.
The net earnings derived by the Unit
ed States from federal reserve banks
shall, In the discretion Of the secretary,
be used to supplement the gold reserve
held agriinst outstanding United States
notes. or shall be applied to the re-
duction Of the outstanding bonded in
debtedness Of the United States. Re
serve banks shall not be taxed except
upon real estate.
Section 8 amends the existing bank
Ing laws. 30 that stockholders owning
81 per cent Of the stock Of banks other
than national banks can convert their
organizations into national banks.
Section 8 describes how state banks
may become members OF reserve banks
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31

ueusury, tue sec
rstary of agriculture and the comp
froller OF the currency. acting as 1.-THE
reserve bank organisation committee"
shall designate not less than eight nor
more than twelve cities to be known On
federal reserve cities. aud shall divide
The continental United States. exclud-
Ing Alaska. into districts, each district
70 eootain only one or sucn federal re-
rssve citisf
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31

shall extablish branch banks within
the federal reserve district In which
1t is located and may do 80 In the dis
tr.ct Of any federal reserve bank
which may have been suspended.
Such branches shall be operated by
board Of directors under the rules and
regulations approved by the federal
reserve board Directors Of branch
banks shall possess the same Qualifl
cations as directors of the federal re-
serve banks. Four Of said directors
shall be selected by the reserve bank
snd three by the federal reserve board.
and they shall hold Office during the
pleasure, respectively. OF the parent
bank and the federal reserve board.
The reserve bank shall designate one
OF the directors as manager. -"
Sec. A. - Upon the filing Of %
certificate with the comptroller Of the
currency 80 the said federal e.
serve bank shall become q body cor.
pofate and as such and In the name
designated In such organization Ger.
tAcate shall have power
First-To adopt and use q corporate
seal.
Sscond.-To have succession for pe-
Rod Of twenty years Srom its organixa.
tiozi unless n 10 sooner dissolved by an
act Of, congress or unless Ito franchise
becomes forfeited by some violation of
Law. t..
f~A r.
Fourth.-To sue and be sued, com.
p'ain md defend. IN any court of lew
or equity.
fifih.-To appoint by It's board of
directors, elected as hereinafter pro
y'dsd, such officers as are not other
wise provided for In this act. 70 define
their duties require bonds Of them and
fix the penalty thereof. to dismiss such
Officers or any Of them as may be ap-
pointed by them at pleasure and to ap
point others to ill their places.
Sixth.-TO prescribe by it's board of
directors bylaws not Inconsistent with
law regulating the manner I'm which its
general business may be conducted
and the privileges granted to 1t by law
may be exercised and enjoyed.
Seventh.-To exercise by Its board Of
directors or duly authorized officers or
agents all powers specifically granted
by the provisions Of this net and such
incidental powers rs shall be necessary
to carry on the business Of banking
within the limitations prescribed by
this act.
Eighth.-Upon deposit with the treas
urer OF the United States Of any bonds
OF the United States In the manner
provided by existing law relating to
national banks to receive from the
comptroller Of the currency circulating
notes In blank. registered and counter
signed as provided by law. equal In
amount tn the par value Of the bonds
30 deposited. such notes to be issued
under the same conditions and provi
siors Of law which relate to the issue
Of circulating notes of IA ational banks
secured by bonds Of the United States
bearing the circulating privilege. ex-
cept that the issue Of such notes shall
not be limited to the amount Of the
capital stock Of such federal reserve
bank.
But no federal reserve bank shall
transact any business except such as
is incidental and necessarily prelimi.
nary to Its orgu nizatiOn until II has
been authorized by the comptroller Of
the currency to commence business un.
der the provisions OF this act
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
RESERVE BANK BRANCHES.


No federal reserve bank shall com
mence business with u subscribed cap
ital less In amount than ss.OoOOOO.
Sec. 3. Each federal reserve bank
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
PENALTY FOR DISHONESTY.

rsmre ing Win Sank Examiners Mass
Criminal Ofscnss.
/. zee. z No member DsDk cT say
officer, director ~ employee thereof
shah aerea.tes Asks any lean Gg
grant any gratuity to any bank e.
aminer. Any bank officer. directse
or employee violating this provision
shall be deemed guilty Of a misde-
meanor and shall be imprisoned not
exceeding one year or tined not more
than 5000. or both. may be fined fur.
ther sum equal to the money 70 loan
ed or gratuity given. Any examiner
accepting loan or gratuity from any
bank examined by him or from an
officer, director or employee thereof
shall be deemed guilty OF q misds-
meanor and shall be imprisoned not
exceeding one year or fined not more
than 5000. or both.
Section % provides that national
bank stockholders shall be responsible
Tor all contracts. debts and engage
ments OF their banks to the amount Of
their stock at par value In addition to
the amount invested In such stock.
II they transfer their stock within
sixty days before the failure Of their
banks they shall be- liable to the same
extent In case the tranafsree fails D
meet such liability.
Loans on Farm lands.
Sec. "a. Any national banking a.
scciation not situated In q central
reserve city may make loans securl
ed by improved and unencumbereA
farm land situated within its fed.
eral reserve district. but no such ioaa
shall he made for q longer time than
tve years nor for an amount exceedipS
30 per centum Of the actual value OF
the property offered as security. Any
such bank may make such tbans In an
aggregate sum equal to 25 per centum
OF it's capital and surplus or to one
third Of its time deposits. and such
banks may continue hereafter. as here.
tofore. to receive time deposits and
pay Interest on the same.
The federal reserve board shall have
power from time to time to add to the
list OF cities In which national banks
shall not be permitted to make loans
secured upon real estate in the man.
ner described In this section.
Section q authorizes national bank.
ing association possessing q capital
and surplus Of 81 .0OO,OO0 or more to e.
tablish foreign branches under the d.
rectiOn Of the federal reserve board.
Section 26 authOrises the secretary
Of the treasury to strengthen the goiA
reserve by borrowing gold on United
States bonds or by selling them.
Section - extends from June 30.
1914. until June 80. 1915, the life Of Al
act authorizing national currency as
sociatiOns. the issuance Of additional
national bank circulation and the Gre
alton or a national monetary commits
sion. 1t re-enacts certain United
States banking statutes amended by
an act Of May 80. 1905. subject to such
amendments OF notifications a are
contained In the new currency law. It
amends the May 30. 1901 act In re-
gard to the taxation OF circulating
notes held by national banking asso-
Citations and secured otherwise than
by United states bonds
Section 20 provides that II any part
Of the act is declared invalid BY q
court the Judgment shall not AFFECT thu
remainder OF the act
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
NHE federal reserve act Is now q
part OF the law Of the lard.
with President Wilson's sigma

currency reform bill the country looks
forward to tho practical working out
OF the act The law Ia la part as fol-
lows:
An act to provide for the establish.
ment Of federal reserve banks to fur
nish an elastic currency. to afford
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-12-31
NOW A LAW;
WHOLE NATION

Eight TO Twelve
Reserve Banks
to Be Establish.
ed In Various
Parts of the
Land &c. fnacts
Money Reforms.
Particularly
With Regard to
farmers
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1913-01-08
PARCEL POST MAKE GOOD
Parcel post has made good!

Parcel made
public oil all
the o their MACH
But parcel post made good the first day!
The real test between the and the old
of parcel mailed Chicago parcel window by
Milwaukee eight
minutes
package
heard from "a hours after being
The package 25
economy efficiency parcel
elevenhu
proposal? They declared theory but it wouldn't hold
admitted might be built
efficient organization they had But would take yearsand would
Furthermore charged ridiculous
The Chicago Tribune sent 20 packages by post and 20 by express to the
all the Comparison
rates. quiness of delivery the condition of the package The
parcel package Milwaukee 1901
condition
with other
the efficiency the
that
its workings that
ported its package delivered less than day. also hours before the
The distant
and the rate with exception than
Here's theory rolling practical
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1913-01-08

he ockupide it this fall by get
ting bill brady and some other
guys to chip in with him and pro-
duse 1.-The whip" a mellerdram-
mer that had went big in London
talk about your tank scenes
and saw mills and london bridge
at midnite and all that old stuff,
this here show makes them look
like a sunday school charades
there is a ralerode trane and a
ingine, and horses private car
hitched onto it, and the villin
crawls between the cars and I'M
cupples the horses car, so the
next trane will hit it and kill the
horse
this is because the villin and
his trends has got all their money
bet agenst this here horse, which
is named the whip, and Is going
to run in a race
but the horses traner has over
herd the plot while disguised as a
wax works in a chamber of hor-
rers
he got locked in the chamber
of horrers, but just in time he
got to telefone and telefoned
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1913-01-08
HELLO! HERE'S AL WALSH, KICKED
INTO CONGRESS BY HIS INDIGNANT
EMPLOYER, THE WIRE TRUST
oFFICE-776-778

TRENTON, N. j., Jan. s.
After all, honesty is the best pol
icy. II you don't believe that
look at Allan B. Walsh, once an
expert mechanic in greasy over
alls, but just now the well-groom-
ed congressman-elect from the
Trenton, N. j., district, and look
ing every inch the part.
BE good and you'll succeed"
is a maxim Al Walsh learned
when he went to work as a youth.
So it was not surprising that
Walsh should run for the legisla-
ture. 1t was not surprising that
he was elected, for he was popu-
lar and the Woodrow Wilson
landslide of 1910 helped him.
Then Walsh's education began
to expand. He discovered that
other people-notably his employ
ers-didn't share his conviction.
When he told them he could not
vote for ex-U. s. Senator "Jim"
Smith, the democratic boss, for
election to the senate, they re-
minded him that they had loaned
him money-which he had re-
paid to build is home. That didn't
seem just right to Walsh, but he
innocently voted against Smith,
never dreaming such a patriotic
institution as the Roebling COM
pany would stoop to harm him.
The next nav day his wapas
were cut in two. That should
have been a lesson to Walsh, but
1t wasn't. He voted for Governor
Wilson's law establishing a fixed
set of payments that would have
to be made to men who got hurt
while working for big concerns.
And on the next pay day he got
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1913-01-08
MARRIED WOMEN SCHOOL TEACHERS

In the public schools Tacoma the most acon rule that might be
applied school
OF American cities Under this rule who have
the schools
of scholarship appointed
little
her children.
We adults back youthful
recall teacher
had patience
animal The theory of limiting
that the
livelihood
fare and prosperity OF few single the wholesome
education thousands
which prevails Tacoma and in other big would
30.
Several of the most active club of Tacoma who belong
because that
that married
especially the
tvated
that there few backward their
home lessons and truancy is rariy