davidaulloa/AmericanStories huggingface dataset:
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08
Rspidan Dam

Henry Erickson and Mr.. and Mrs.
Syver Peterson motored to Hanska
last Sunday
Heavy loads of sand and crushed
rock that are being hauled to the dam,
together with the late heavy rains.
have put the road between Rapidan
and the dam in very bad condition.
Mrs. August Bosin has rented her
farm to MIR. Sorenson from near
Garden City, who took possession a
few days ago.
Mrs. Eugene Weller was Man
kato shopper last Saturday. -"
Mrs. Kendall OF Garden City is
keeping house for her son Orville
Mcdonald. while his wife is visiting
relatives I'm Iowa.
Mrs. Lester Halves and Mrs. Edith
Durns attended the program given i'm
the school in district 100 last Friday
afternoon. -. .f'''f"
Mrs. Dolly Nelson and mother. Mrs.
Garrett motored to Mankato last
Saturday afternoon.
Miss Lizzie Martin, teacher In dis
trict No. 109. spent Sunday in Man
kato with her mother.
Mrs. A. o. Lee entertained a few
neighbor ladies at quilting bee al
her home last Wednesday afternoon,
and a very enjoyable afternoon was
spent.
Silo filling and potato digging are
the order of the day, and will be for
the next two weeks II weather con-
ditions are favorable. The days will
be busy ones fer the farmers.
The .Brogan crew. that have been
teaming for the construction work al
the dam left last Monday with the'-
teams for GAINESVILLE, where they have
a big job of work to do.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08
Indian Lake

Mr.. and Mrs. j. II Edney, father
and mother of Mr.. +. s. Edney, are
visiting at the Edney home this week,
having returned from their visit to
relatives and friends in North Dakota.
The Farmers club will hold a meet
ing at the school house Saturday
evening to discuss. the potato .quos-
ton. The meeting will be addressed
by Mr.. Brown. who has had great
experience In growing and marketing
the tubers. He has been south look
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08
Case Ia lie Sueur Center Came
to Sedden End
From Wednesdays Daily.

From Wednesdays Daily.
lie Sueur Center, Mimi, October
with a suddenncss that aston
ished the attorneys and court at
taches. the bottom fell out of tho
case of DR.. J. a. DuClOs. charged with
the murderof an infant ten years ago
when the complainant. Miss Mary Pc
tersdorf, supposed aunt Of the alleged
Infant, was declared Incompetent
following her testimony that the ply
sician had strangled her infant neph-
CIV at birth, ten years ago and at the
point of revolver had made her
promise never to reveal the same
Some very sensational testimony
had been given by Miss Petersdorf,
and then followed a period of hys-
terra. These came on while the
lawyers were wrangling over some
point OF law.
Judge p. w. Morrison requested
the witness to Keen. quiet as he de-
sired to hear the arguments made by
the attorneys. This brought on an
other flood OF tears and il was with
seine difficulty that Miss Petersdorf
was persuaded to leave the court
room. During the court recess Judge
Morrison sent for pr. Basket, as
sistant superintendent of the ST.
Peter hospital for the insane, who
examined the woman anu pronounced
her incompetent to testify.
The attorneys for the state asked
that the woman be examined mental
iy by doctors who we're not connected
with an insane hospital. but this re-
quest did not meet with the court S
approval.
Statement BY Court.
Judge Morrison said that IL would
be useless, under the circumstances.
10 go on with the trial. holding that
if the jury should bring in verdict
against the defendant he would set
aside the verdict A motion to dis
nliss the case was made by the de-
PENDANTS attorney. County Attorney
l.. w. Prendergast, assisted by At
torney c. J. Laurisrh of Mankato
tried to induce the Judge to continue
the case. but Judga- Morrison did not
give way TO this.
Miss Petersdorf was formerly Mrs
Cht
from her husband some time ago and
resumed her maiden name.
One of the features connected with
the recent trial was night trip to
the MALI farm IN Tyrone township,
lie Sueur county. The party was
made up OF County Attorney Prem
, dergast. Attorney c. J. Laurisch
Deputy Sheriff Herman Battle. Cor
oner Marx and Miss Fetcrsdorf. The
woman wore mans overcoat and
hat Disgusting her so that she had
the appearance OF man.
Purpose Of Trip.
The purpose Of the trip was to con-
firm, II possible. the story that had
been told to the county attorney
about the burial of the alleged dead
baby beneath the evergreen trees on
the MALI premises. With a lantern
in her hands Miss Petersdorf con
Quoted the officials to certain spot
where the deputy sheriff proceeded
to dig. Nothing was found, but the
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08
kasota

Richard Schultz OF Mankato spent
Sunday here with his family.
r. ID. Fawcett of st. Paul spent
Monday, accompanied by Mrs. Faw-
oett, who spent the greater part of
last week here.
Rev. F. c. Bailey left Tuesday 10
attend a meeting of the presbytery at
Slayton.
Mrs. ]. Bradshaw and daughter
Beatrice, visited at the r. l.. Brad
shaw home last Saturday.
Donald Cole OF st. Peter was a
Kasota visitor last Friday.
A party of young folks enjoyed a
pleasant evening at the home of Miss
Hazel Stockton last Saturday. The
evening was passed with singing and
playing games, and nice lunch was
served
Miss Mabel Kirby, who teaches
school at Bricelyn. spent last Satur-
day and Sunday at home.
Miss Hannah Berquist was a Man.
kato shopper last Saturday.
Mrs. NJ. A. Butterficid. who has
been In poor health for the past two
weeks was taken TO the sanitarium Mt
st. Peter last Saturday for treat
ment e.. =.
Mrs. J. e. Davies will entertain
the Ladies' Aid society of the Pres
byterian church next Thursday after
noon. r' So.
Mrs. Joe Bradshaw and Mrs. Rob
ert Bradshaw we're Mankato business
visitors last Saturday. '.'
Misses Clarlssa Mohler and Naerr
Stebbins Of Mankato normal school
spent the weekend at home
Mrs. J. a. Berauist was pleas
antly surprised Monday afternoon by
a party of sixteen lady friends, who
called to celebrate her birthday ami
versary. The afternoon was cniov
ably spent in visiting and a dainty
lunch was served. Mrs. Berauist was
presented with n substantial gift rs
a token of remembrance, and her
many friends join in wishing her many
more happy Birthdays.
Mrs. Hannah Nelson attended a
Degree OF Honor convention In lie
Sueur last Thursday.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08


Surpius snd iUnidlvisSsi ip' is;ii:.. 10
saeo kRon. ereei6sns. #sn"'
CSC. 8. OWEN. vIcs Prssldsns..
6. ScHOYEN. Cashier. -
2. c. NICHOLSON, Asst, casnsss.
- : p" p,.:cIoe. 'sfsas-e%
q q. Harrington Nc Juliaf
&C. 2 Prove Owen AH r, sisr esy
r. D. rFrftz Charles SchWarb1o
n o. SuBdt August Schultz
d. Schoyep
.a.. rs. - e -. ~ "a
Money. In amounts from Sl.ooe.ss
70 S20.000.00 TO loan on farms q
. per cent interest. five TO ten
wears with partial principal payments
annually optional No delays IN GET
ting the money. .r-..'.-
. ", 10 - ais 3 .
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08
From Wednesdays Daily.

II. T.. Otto. representing the .Desh
Ter Broom factory of Deshler. Neb.
complained late yesterday TO the ,po :
lice that six brooms that he had for
samples were stolen from him while
he stopped at the Clifton House. This
occurred about noon. He left the
brcoms at the bottom OF the stairway
near the front door, while we went
up and wrote a letter. and when he
returned they were gone.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1915-10-08
judge Comstock ~.

Judge w. l.. Comstock was taken
last, evening. from his home to the
Emmanuel hospital. He seems to have
a return OF the same trouble for
which lie underwent an operation
last fall. He is not so Ill. however
as he was then. He is being attended
by Drs. w. A. Beach and c. J..
Holman. -4""
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
MOVE TO REORGANIZE
THE BOSTON & MAINE
Trustees Have Three Plans and
Send Enabling Bill to Massa-
chusetts Legislature.
CONSOLIDATION Is SOUGHT

Boston. Jan. 2s.--The Federal trustees
OF the New Havens controlling interest
In the Boston and Maine Railroad sent
bill to-day to the Legislature In which
three forms OF reorganization OF the lat
ter road are contemplated. Two pro-
vide for reorganization or consolidation
without receivership and the third makes
provision for the conservation OF the prop
erty in the event OF receivership.
All of the plans contemplate the main
tenance OF the whole system as a unit.
Except the receivership. neither OF the
other plans can be forced upon the stock
holders and their consent Is required to
bring about what the trustees want.
All that Is asked Is legislation that
will enable the stockholders OF the Bos-
ton and Maine and OF the leased lines TO
reorganize or consolidate their properties.
Such enabling legislation is to be sought
not only In Massachusetts, but In Maine.
New Hampshire and Vermont, and pos
sibly some in New York is needed.
The first plan would allow the pres
ent mana cement to effect a modification
OF contracts by which a reduction OF rent
ais OF leased lines can be secured.
The second plan calls for the creation
OF a new corporation for consolidation II
the directors deem the first plan imprac-
tlcabe.
The third plan contemplates what must
DO done I'm case the company cannot meet
It's obligations and must 20 into tho
hands OF receivers. dealing with the Bos-
ton and Names rights after receivers
are named.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
RECEIVERS FOR ALCo FILM.
Talk Of Reorganization with Gus-
Eenheim Backing.

Creditors threw the Alec Film Corpe-
ration into bankruptcy in the United
states District Court yesterday after the
financial condition OF the concern had
given rise to two suits in equity. After
the receivers appointed yesterday by
Judge Hand have cleared up its indebted
ness TO the best OF their ability the COM
pany. IL IL said. will be reorganized with
the financial backing OF the Guggenheims.
The plans are already under way.
The Alec Film Corporation. with head
quarters at 21S West Forty-second street
was distributing feature film productions
of the All Star Feature Corporation and
other concerns 1t was Incorporated in
August last with a capital stock OF
$1,000. 900. The receivers are Milton NJ
Goldsmith and Arthur +. Gotthold. and
they are under bonds OF $4,000.
The bankruptcy petition sets forth that
the company's assets are OF unknown
value. The petitoning creditors repre-
scented by J. Robert Rubin OF 1G5 Broad
way. are the Standard Engraving Com
pany. 1880; James A. Walton. SIZE, and
the Playsoers Film Company. 5000.
They say that the company made prefer
entail payments while insolvent and trans
ferred some OF Its assets.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
US. STEEL PASSESDTVTDEND
RATHER THAN CUT WAGES
Directors, for Second Time Vote to Suspend Payment
Common-Report Worst Quarter-Gary Hopes
for Early Resumption

The dividend record OF the Steel Cor
poration Is as follows: Regular dividends
on the $360.2Si.l00 preferred stock out
standing have been declared Mt the rate
of "a per cent. quarterly since August,
1901. On the S50S,302,5 500 common stock
outstanding dividends have been declared
as follows: l per cent. quarterly from
september. 1901, to September. 1903, In
elusive December. 1908. y OF per cent (:
no further dividends until October. 1905,
when ] per cent. was paid, u per cent.
being for the quarter ended March 81,
1906. and " per cent. for the quarter
ended June 30. 1906 December. 1906. TO
June, 1903. y per cent. each quarter; Sep
TENDER. 1909. q per cent. December. 1909.
| per cent. March, 1910. 1 per cent. and
n per cent. extra from June. 1910, to
September. 1914. u per cent. and for the
quarter ended September, 1914. u per
cent.
one OF the disappointing features in the
detailed report OF the corporation for the
quarter is that the earnings are In a de-
sending rather than In an ascending scale.
Earnings for october after the payment
OF the interest on tho bonds OF the sub
sidlary companies were s5.5S0.5S3: those
for November. s2,7ss,3ss. and for Decem-
Der. S2.55i,2i9.
The earnings statement of the corpora
ton for the quarter ended December 81,
1914. Is rs follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
SALE OF RAILROAD ORDERED.
Receiver Must Dispose of New Jer-
sey and Pennsylvania Line.

NEWARK, y. j., Jan. 26.-Vice- Cham
cellor Howell made an order to-day giving
permission to Frederick " Pitney receiver
for the New Jersey and Pennsylvania Rail-
road, to sell the road at either public
or private sale John i. Vreeland OF
Morristown, attorney for tho National
Iron Bank OF Morristown, applied for the
order. The bank holds about $1,000 OF
receivers certificates. which are long over
due.
\ request for postponement OF the order
was denied TO Jacob Scholer of New York,
representing about so per cent. OF the
roads hondholders Security for the en-
tire 100000 bond issue is invested in a
trust mortgage held by the Commercial
Trust Company of Jersey City.
Assemblyman Mutchler OF Morris
county introduced bill before tho Legis-
laturc giving the Board of Public Utility
Commissioners authority to compromise
some of the taxes on the road The line
owes, tho State $4,000, including taxes.
interest and penalties. Mr.. Pltney has
been receiver for tho road for about two
years, most of which time it has been
idle.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
ACCEPTANCE RULES AWAITED.
Belief That Reserve Banks VIII
Soon Receive Regulations.

Regulations governing reserve bank
purchase OF acceptances are expected to
reach here soon from Washington. The
reserve board is still working on them.
the market Tor aveepianyes, which, Il is
expected, will be broadened greatly when
the reserve banks become buyers. has al
ready reached encouraging proportions.
According to the latest published bank
statements the Guaranty Trust Company
has been the largest factor in acceptances.
che amount OF It's acceptances on De-
cember "a being s1s,241,2SS. The Ma
tlonal City Bank on December 81 reported
acceptances to the amount OF $i.039, 365.
and the Equitable Trust Company, 49,
400 26. Other institutions and the
amounts OF their acceptances are az fol-
lows: Bank OF New York. S566Os /.
Irving National, SS7,l25: Corn Exchange
S6TS. 000 Bankers Trust, $571.9S !:
Fidelity Trust $l6,3G5 Metropolitan
Trust, $4,000 Broadway Trust, $751;
321 Franklin Trust s5s6.697.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
FIGURE COTTON POOL COST.
Bankers Wonder what Assessment
for Expenses VIII he.

Many bankers whose institutions are
subscribers to the Sl35, 900 900 cotton
pool are beginning 10 figure what will be
the amount of the assessment they win
have to pay to meet the expenses OF the
various committees, Although less than
$4,000 has been advanced TO the South,
which has suddenly displayed ability to
take care of itself now that the cotton
exchanges here and in Liverpool are open,
the expenses OF the committees have been
considerable. There have been lawyers
fees. printing charges, telegraph charges
and other items.
As the pool did not meet with great
favor in New York, bankers here are not
looking forward to the assessment with
pleasure. They recall the fact that they
took pains to tell Secretary of the Treas
ury McAdoo that the sl35, 100000 pool
was unnecessary and that conditions in
the South were far better than pictured
by Southern Congressman and influential
politicians in the cotton growing states. o.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
new STOCK MAY Be
PLAN FOR WABASH
Capitalization Of Advanced
Rates Likely to Replace AS
sessment Idea.
DAILY CONFERENCES HELD

The Joint conference committee OF the
Wabash refundlng per cent. bondhold-
ers, formed last week TO direct actively
reorganization plan is a committee of
Elk instead OF four as originally an
nounccd James y. Wallace and Winslow
s Pierce. the chairmen OF the two large
committees In the bonds. are ex-officio
members OF the new committee
The members OF this committee are
holding daily conferences with the pur-
pose OF bringing out a plan within
short time II financial conditions continue
90 improve. II was said yesterday that
thus far no programme has been finally
decided upon. 1t is estimated. however.
that the Wabash will be In receipt or
sl,SOO.OOO to s25OoOoO additional revenue
this year as the result OF the higher rates
permitted by the Interstate Commerce
Commission, and that this has paved the
way for the bringing out OF an income
or adjustment bond or new preferred
stock IN the reorganization.
The fact that the plan given up last
August was so far advanced that practi-
cally all details had been worked out has
given the present reorganizers a basis OF
activity II is known that the amount
OF new capital to be raised is about S21,-
100000 This would mean an assessment
Of about $50 share upon both common
and preferred. The plan Is being dis
cussed, however. OF having part OF the
new funds raised through subscription
10 new security at par by the per
cent. bondholders in return for an agree
inent to leave their bonds intact without
scaling down.
Comparison OF earnings OF the railroads
I'm Central Freight Association territory.
where earnings were hardest hit until
the recent advance in rates, shows how
much the standard lines have suffered
along with Wabash. Gross revenues OF
the nine important lines show an average
decrease for the five months 10 November
20 last Of lO.9 per cent. the Wabash de-
crease being 6.7 per cent. Panhandle's
earnings were 1871 per cent. less than
I'm the corresponding period OF 1918. The
ratio of transportation expenses to gross
earnings was higher on the Michigan
Central and the Nickel Plate than on
the Wabash. being 39i per cent. and
+36 per cent on the Michigan Central
and Nickel Plate respectively, against 3S
Per cent. on the Wabash.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
Deficit for the quarter provided from
undivided surplus, December 81, 1918 v. Sos 2s5
The net earnings OF previous quarters
compare as follows:
Corey Out of steel Corporation Since
Last April.

william Ellis Corey. who succeeded
Charles NJ. Schwab az president OF the
United States Steel Corporation in 1908
and held the office until 1911, has not
been director in the corporation
since April last. He resigned Mt
that time and was succeeded by
William Morrison, who gave way to MIR,
Corey to become a director OF the cor
pora;lon when Mr. Corey was made presi-
dent, with the understanding that Mr..
Morrison would eventually become a
director.
Mr. Coreys resignation last April was
not "A secret, but II escaped public atten
ton This was not undesirable to the
corporations officials at the time. as II
was realized that It might be regarded
by the public as a retaliatory measure be-
cause of Mr.. Coreys unfavorable testi-
mony in the Governments suit against tho
corporation. Mr.. Corey mad been out OF
active touch with the corporation
affairs for some time previous to his ersg-
nation.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27

| The United states Steel Corporation
yesterday passed the dividend on its com
mon stock for the quarter ended Decem-
Der 81. 1914, the worst three months in
the history OF the corporation so far as
earnings were concerned. This Is the
second time in the history OF the Steel
| Corporation that the directors have failed
to make a disbursement on the common
stock. The previous instance was for the
quarter ended March 81, 1904. Divi-
dends we're not resumed until October.
1906.
Last month the presidents of the sub
sidlary companies voted In favor Of main
tanning the present scale of wages OF en-
ployees despite bad business. Directors
of the corporation have been quoted In
recent months as saying that the com
pany would pass It's dividends before IL
would touch the wages of its employees.
The net earnings of the corporation for
the last three months OF the year were
10.933,170, while the net income was
$780, 5S. The balance left for the pre-
ferred dividend after the payment of
other charges was S69s,637, while the re-
quirements for the dividend on the pre-
ferred stock were s6.30i.920. leaving a
dofclt for the quarter OF S5.606.2S3. In
the best quarter in the experience Of tho
corporation, that for the three months
ended June 80 1907. net earnings were
S45.503.7O5. net income S37,7SO.i1j and
tho balance for the dividends S30,S43,J12.
At that time the surplus for the quarter
was s21. ,0S0. although dividends on
the common stock were paid at that time
only at the rate of - of l per cent. per
annum. the rate declared at tho previous
quarterly meeting in 1914. The lowest net
earnings of any previous December quar-
ter were In 1908, when they amounted to
SIS,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
News Occasions Surprise.

The financial district received the YER
dict OF tho Steel Corporation directors
with considerable surprise, as 1t had gem
orally been believed that the rate of =
of / per cent. per quarter established
at the last dividend meeting would
be maintained, in view OF the OPP
timstic statement OF Judge Gary at that
time. At the previous dividend meet
ing the rate on the common stock was re-
duced from ~ per cent. per quarter to
u OF ! per cent. placing the stock on
a per cent per annum basis instead OF
a per cent basis. However, when the
corporations quarterly statement OF earn
ings became known Wall Street generally
concurred In the opinion that the drec-
tors had adopted wise policy in conserv-
ing the assets of the corporation, espe-
cially as s5,606.2s3 had to be Withdrawn
from the treasury TO pay tho $500 $50
preferred dividend. Had the dividend
been maintained at the rate of " OF
/ per cent. per quarter 1t would have en-
tailed an extra withdrawal OF S2.541,5l3.
Following the action of the directors
Judge Gary issued this statement "The
earnings for the last quarter OF 1914
were 70 small the board of directors. after
careful consideration. reluctantly decided
To suspend for the present the payment
OF dividends on the common stock. bust
ness conditions are steadily, though
slowly. improving. and II is hoped the
resumption OF dividends may not be long
deferred"
Wall Street took considerable comfort
from this statement. especially that part
OF II which referred to steady improve
ment in business. and in many circles the
belief was expressed that the steel situa-
lion had been through rs -o-ct period
and that from now OIL improvement would
be apparent
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-01-27
stock Continues Firm.

The action OF the stock yesterday was
not such as to Justify any belief that the
common dividend would be passed steel
common closed at 81 y, a gain OF y point
for the day, and at no time sold below
81. Such price is considered a high one
for per cent. stock. even one that is
In so great demand as Steel. Following
the passing OF the dividends there were
rlinors that there would be heavy selling
to-day, but no one could be found who
would say that he had orders 10 sell Steel
In any great lots. There was also some
talk that the minimum on Steel common,
4s, would be reduced, but Stock Exchange
members were sceptical of this. In the
gutter market In New street, however
there were reports OF sales OF Steel at
prices ranging from 4s. to 49h in lots
OF 100 shares.