davidaulloa/AmericanStories huggingface dataset:
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14
LOCAL AND
PERSONAL

| Mrs. J. p. Miller of Bruno, at
tended the church meetings here
Monday.
Mrs. H. C. Hansen of Sand
stone, was in Askov Monday and
attended the church meetings.
H. R. Buck of the Askov Mer-
camille Co., went to Minneapolis
yesterday to purchase a stock of
dry goods.
Mesdames P. P. Kilstofte, L.
c. Petersen and M. Sondergaard
visited in Sandstone yesterday at
the H. c. Hansen home.
Chr. and John Petersen and
their mother of Halfa, Iowa,
came here Saturday for a visit at
the home of Mrs. Augusta Juhl.
Axel Buck went to Kerrick
yesterday to be with his helpers,
Axel Jensen and John Krantz,
who are busy drilling a we'll up
there.
Anton A. Hansen, of Lindsay.
Nebr., visited here last week
from Wednesday until Saturday
at the home of his daughter,
Mrs. Carl Sorensen.
Rasmus Jensen of Cozad,
Nebr., and his brother, Frantz
Jensen, of Ruskin, were here
several days last week looking
over the country. The former is
a land owner north of town.
The Askov Mercantile Co. are
having alterations made in the
room formerly occupied by the
First State Bank. They will
have their gents furnishings IN
that part. Clarence Madsen is
busy making solving, counters,
etc.
H. Simonsen motored up here
from Lake Benton last week in
his Ford car. His family accom-
panied him as far as the Cities,
where they remained to take in
the Fair. Mr.. Simonsen is look
ing after land interests in this
vicinity.
c. F. Robinson of Bruno, was
in Askov Tuesday and ordered
sale bills printed at the American
office for a sale which he will
have Monday, Oct. 2. He ex.
poets to work in the woods dur.
ing the winter and when he re,
turns in the spring he will go in,
to sheep raising.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14
For Sale Fourteen head of
young stock. -Jens Gregersen.

For Sale Fourteen head of
young stock. Jens Gregersen.
1-3t*
Strayed Holstein heiffer calf
about eight months old. Please
notify Andrew ]. Larsen, four
miles north of town. 52-tf|
Shipping a Car of Live Stock
]. Frokjer and l.. Mosbmk will
ship car on Tuesday Sept. 18th.
There is room for a few head
more, please notify one of us if
you have something to ship. L
The Equity will ship mixed
live stock as soon as enough
consignments have been received
to fill a car. Ii you have any
thing to ship notify Fred Hansen,
Chr. Larsen, J. ]. Miller, Jeppe
Sorensen or P. p. Kilstofte. 1-tf
If you were not present at the
farmers cattle meeting Wednes-
day and you wish to purchase
some thoroughbred stock. either
Holstein or Guernsey. leave or
ders with L. C. Petersen or
James Frokjer on or before
Tuesday, Sept. 18th. State how
many and which kind. lit
Land for Sale $40 acres. The
north half of Sec. 16. Twp. 43,
Range 10. Situated one and one
half miles northeast of Askov,
along the railroad. G. N. Rail-
way passes through the center of
this tract. Prefer to sell this
land all in one tract, but will con-
slider offers for any tract of not
less than so acres. For further
information and price write w.
r. Newman, R. ID. No. 6, Box
281-B, Seattle, Wash. 51-tf
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14
JULEKASSEN TIL VEST
INDIEN.

M mariner Tiden sig, at julie
kassen til Fru Franks skal af-
sendes. vi Wide gerne, ON Diet
var muligt, have Tsjet samlet til
den l5de October. Som det for
har varet meddelt her i Bladet,
skal Tsjet, som sendes, vere til
Born fra to til tolv Aar, baade
Drenge og Piger. Tejet maa
like vare for lyst og helst noget,
der er nemt at stryge. Enhver
der gerne vii hjalpe til at fylde
Kassen, er velkommen dertil.
Tsjet modtages af Mrs. Lars
Jensen, Mrs. Kr. Andersen OF
undertegnede. Det er jo ct
stort Arbejde Fru Franks har
paataget sig, og Diet burde vere
med Glade vi allesammen tager
fat og faar en- stor Kasse sendt
til hende.
Husk saa, at til den 15de Ok
tober skulde Tsjet helst vare
sanllet for at naa derover til Jul.
Hvis der er nogen ] andre
kredse, som kunde have Lyst til
at vare med. vii vi gerne tage
imod Tejet og sende Diet sammen
med wort.
Rigmor Petersen.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14
THE RUTABAGA CAMPAIGN

have had 1000 circulars print
ed concerning Askov rutabagas
and mailed them to dealers in
different parts of the u. S. /
will try to find a market for all
those growers who want me to
do so only for their entire salable
crop, and will notify me to that
effect in a week from date. State
acreage and estimated number
of tons and keep me posted from
week to week or from day to day
how many tons are ready for
shipment, to sell to best advan-
tage. Cars must be loaded or
nearly so before sold. The con-
dition under which | will do this
work is that / will pay for the
rutabagas as soon as | get money
for them. | will deduct Soc per
ton and 10c for each load for
weighing. Ludwig Mosbak. lit
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14

Services in the Danish Luther.
an church Sunday morning al
1890. Rev. Kr. Andersen.
Sunday School in H. c. Ander-
sen School, Sunday, Sept. II
1916, at 1920.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14
ANNOUNCEMENTS
FOR THE WEEK

This column is for free use by
churches, schools, societies, lodges,
etc. for the purpose of announcing
meetings where no admission is to
be charged, such meetings as are
held for social or educational pur-
poses and not for the purpose of
earning money.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14

Ungdomsmede ferstkommende
Sendag Aften. P. H. Petersen
vii underholde. Forretnings-
mode. ALE velkommen.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-09-14

Miss Kristine Bobjerg came up
from Minneapolis Monday for a
visit at the home of her parents.
Miss Althea Hoagland, one OF
our teachers, spent Saturday and
Sunday at her home in Brook
park.
Miss Hattie Nielsen went to
Grasston Sunday morning, where
she will teach in the same school
she taught in last year.
Niels Henriksen shipped a car
load of potatoes to Marshall last
week and his son, Chris, is load
ing a car to be shipped to Cotton
wood. Potatoes are bringing
good prices now.
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
MOTHER WINS
SUIT FOR CHILD
Joe Duncan Took Child Away From
Divorced Wife After Court Had
Granted Her Custody.

In habeas corpus proceedings that
were heard before Judge Hatchett
yesterday. Mrs. Joe Duncan won pos
session of her 7year-old child, who
had been enticed away from the mo-
ther's keeping by the father and di-
vorced husband. Z Attorneys for Dun
can admitted before the court that
the mother had legal right to the
custody of the child
In May, 1915. Mrs. Duncan sued
her husband for divirce and the Gus
tody of their child. The court grant
ed her petition. and after winning
the case the mother sent the child
to her parents at Pecan Gap, Texas,
for schooling. About two weeks ago
Joe Duncan is charged with having
enticed the child away. when his di-
virced wife and her parents were
away from home. when he brought
the little one to his home at Albany.
this county. Mrs. Duncan instituted
habeas corpus proceedings and won
out.
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
PROVISIONS OF THE
NEW FARM LOAN ACT
SYSTEM LoANiNG FARM LANDS AT REAsoNABLEE
RELATIVELY PERIODS-SONIE DETAILS
WHICH WENT INTO EFFECT

The Federal 'arm loan act. popu-
larly called the Rural Credits law"
was signed by the President and be-
came a law on July nth.
The primary purpose o fthis act
is promote agricultural prosperity
by enabling formers to borrow mon
ey on farm-mortgage security at a
reasonable rate Interest for rel
atively long periods of time. To at
tain this Objec two farm mortgage
systems are provided: (1) A sys-
tenn operating through regional land
banks, and (2) q system operating
through joint-stock land banks
To attract money to the farm-loan
field tn eact provides method
whereby these who have money to
lend, can find such investment in the
form fdebentures or bonds. of bith
small and large denominations, is
sued b ythe banks and based on the
security of mortgages on farm lands.
These two systems are to be under
the general supervision of a Federal
Farm Loan Board i'm the Treasury
Department, composed of tho Secre-
tar yof the Treasury, as secretary ex-
officio, and four members appointed
by the President. This board has
authority to appoint appraisers, who
viii be public officials.
Federal Land Bank System
Under the Federal land-bank sys-
tenn the act provides for Federal land
banks which make loans. for the
first II months, exclusively thorugh
local national farm-loan associations
composed of borrowers. These asso-
citation shall be shareholders in the
banks, and i'm that way the members
who are the borrowers will share in
the profit sof the bank. The money
for the loans is TO come partly from
the capital of the banks and partly
from the sale by the banks of bonds
secured by first mortgage on farm
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04

by the farm loan associations who
must be stockholders in the bank
The Federal Farm Loan Board shall
designate one of its appOintees TO
act as chairman. The act requires
that at least one of the three district
directors shall be experienced in far
ming and actually engaged at the
time of has appointment i'm farming OPP
erations within the district. Any
compensation paid to the directors
must be approved by the Federal Farm
Loan BoarO.
Officers of Loan Association
Each loan association shall have 4
board of directors and a secretary
treasurer. The directors shall serve
without pay. The secretary-treasur-
er shall receive such compensation
as may be determined by the board
of directors. The association must
appoint an appraisal committee for
the purpose of valuing lands offered
as security for loans. No member Of
such committee shall have any inter.
est in the property upon which he
passes.
Funds for Current Expenses
To provide funds for current ex.
penses, the loan association may re-
tain as a comission from each inter.
est payment not to exceed one-eighth
of per cent semi-annually upon the
unpaid principal of the loan. Thi;
commission is TO be deducted from
the dividends payable to such farm
loan association by the Federal land
bank. If tn commissions are not ad
equate, and an association does not
wish to assess members for current
expenses, it may borrow at per cen,
from the Federal land bank to ar
amount not to exceed in the aggre
gate one-fourth of its bank stock.
Reserves and Dividends
The law requires both the lam
banks and the farm loan associations
to make provision for certain reserve:
before they can pay any dividends.
Agents and Land Banks
In sections where local conditions
do not make the formation Of assOcia
tions practicable, the Farm LoaI
Board may authorize the Fedora
land bank to make loans through
agents approved by the board. Thes;
agents are 10 be banks, trust compan
les, mortgage companies, or savings
institutions. chartered by the State
They may receive as compensation
the actual expense involved in trans
acting the loan and in addition there
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04

Get our prices on Job Printing
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04

TO a sum not to exceed one-half of J.
ped cent per annum on the unpaid
principal Of the loans made through
them when the Farm Loan Board
decides that a locality is adequately
served by farm loan associations, no
further uoans are to be made through
agents.
JOint-Stock land Banks
In addition 20 the system of -
Federal land banks and the national
farm loan associations of borrowers,
the act permits the establishment OF
joint-stock land banks and author
ize sthem to carry on the business OF
lending directly to borrowers on farm
mortgage security and issuing farm
loan bonds. These banks mus thave
a capital of not lees than S250.0O0.
They are under the supervision Of
the Federal Farm Loan Board, but
the Government does not lend them
any financial assistance.
The joint-stock land bank is free
from many of the conditions imposed
on the Federal land banks. Subject
to the so and 90 per cent value linz
tation and thelimitatiOn as to terri
I tory. the joint-stock land bank may
lend more than $4,000 to single
individual and il is not restricted to
making loans for the purposes spec
! flied in the case of the Federal land
bank.
The ioint-stOck bank, like the Fed
eral land banks, cannot charge an
interest rate on farm mortgages in
excess Of 6 per cent, nor shall such
interest rate exceed by more than I
per cent the rate of interest paid by
the bank upon its last issue of oonds.
A join-stock bank is limited in its
bond issue to ] 5 times its capital and
surplus.
Among the restrictions placed on
these banks under tn eact are Cd
that their mortgages must provide
| for an amortization sysem Of repay
ment sue as is prescribed in the case
of loans through the Federal land
banks, and ~ that they shall in no
case demand or receive under any
form or pretense any commission or
charge not specifically authorized by
the act and approved by the Farm
Loan Board.
The bonds of the jOint-stock land
banks are exempted from taxation.
Their capital stock, however, is not
exempted.
General Provisions
The law through the Farm Loan
Board, provides the necessary ma
chinery for frequent examinations os
the banks and the associations, fo-
the proper cancellation of mortgag-
es, and for the safe custody of mort
cages offered as security for bonds.
When any mortgage offered as Sc
curity for bonds is withdrawn, the
bank is required to replace the secur-
ity with other bonds or with other
ity with other mortgages or with 9th
er satisfactory collateral.
Heavy penalties Of fine or impris-
onment, or both. are imposed for vio-
Ilations of the act, malfeasance in Of
flee. fraud, embezzlement, defalca-
tion, or other Illegal practices.
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
tn 1,6O4.S9 6O4.89 100000 -.

After a Federal bank has leaned
on first mortgage $4,000, it can OBJ
tain permission from the Farm Loan
Board to issue $4,000 in farm loan
bonds based ON these mortgages, sell
such bonds in the open market, and
use the money thus obtained to lend
on other mortgages.
The processes of lending on mort
L ing on mortgages and selling bonds
in issues OF $4,000 may De repeatto
until bonds TO the amount of twenty
times the banks paid-in capital are
outstanding. If each bank should
have only its required minimum paid
up capital OF $750,OOO. this plan will
provide eventually, if all the author
lied bonds of the IL banks are sold
mortgages on farm lanu. The banks,
| however, can increase thCir capital
stock above the required minimum,
! and so increase the amount of bonds
they can sell, and thus increase the
( total amount OF money available foy
loans on farm mortgages.
TO make these bonds attractive to
! investors, the bonds together with
the mortgages upon which they are
based, are exempted from Federal,
State, municipal and local taxation,
and are made legal investments for
fiduciary and trust funds. The cap-
ital stock of the Federal land banks
is also exempt from taxation. FEEDER
al reserve banks and members banks
of the systm are empowered to buy
and sell these ponds. They are to
be issued in denominations Of 500,
$50, $l00, $500 and $1,000.
Organization of Banks
The temporary management Of the
federal land banks is to be i'm the
hands of five directors appointed by
the Federal Farm Loan Board. Az
soon, however, as the subscriptions
from the loan associations total ia
100000 regular directors are to be
appointed as follows; three district
directors, redident i'm the district
shall beappointed by the Federal
Loan Board to represent the public
Interest, and six local directors, resi-
dent in the district, shall be elected
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
CITY NEEDS new
STREET;SWEEPER

Alderman Terrell and some OF the
city employees worked all the morn
ing today in an effort to rig up the
city's street sweeper to whore it can
be made to clean the streets. and
som elittle work along that line was
done in the afternoon. The old
sweeper succeeds in stirring up a
good cloud of dust, but does not
clean out the cracks between the
paving bricks. Almost all the dust
stirred up settles back on the streets
making them as dirty as they We're
to start with. The sweeper cannot
be used without discommoding the
public unit 1.-The middle OF the night.
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
ELEGTING A PRESIDENT
g
Adams
Elected
by
House
In Exciting
1924
Fight.

A $ there were no recognized
"A political parties this year,
election became a personal
contest, which resulted as fol-
lows: Andrew Jackson, 90: John
Quincy Adams, 81; william II.
Crawford, Al; Henry Clay, 81.
No one having received a major
ity, the house Of representatives
elected Adams. Thirteen states
voted for him. John G. Calhoun
was generally supported for vice
president and was elected.
This Is the first year where the
popular vote Is on record. That
year it was: Jackson. 155,S72;
Adams, 1O5,321; Crawford A.
2s2; Clay. 46.5ST. 1t is thus
noted that, while Jackson re-
cCived $4,000 more votes than
Adams. yet he was defeated.
(Watoh for the election Of An
drew Jackson in 1923 in
our next issue.)
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04

$80.24. a study of the columns
shows how from year to year the in
terest is reduced and the proportion
of the payment which goes 20 dis
charge the principal steadily inareas-
es. The final payment cancels the
debt:
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
COURT HEARD MANDAMUs CsUII,

District Judge Hatchett this week.
heard the mandamus suit wherein
C. D. Donaldson. through Attorneys
Crockett and Fowler, seeks to-
compel the mayor and city council
to call special election to have the
recent deal made with the light COM
pauy ratified or rejected by the vot-
ers of the city. The court has not
as yet handed down decision in the
matter. The other case of the same
plaintiff, wherein he seeks TO have
the light deal set aside will probably
not be heard until the next term Of
the district court.
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
The Strong Withstand the Heat of
Summer Better Than the Weak

Old people who are feeble, and younger
people who areweak will be strengthened
and enabled to 90 through the depress-
ing heat of summer by taking regularly
Groves Tasteless Chill Tonic. 1t purifies
and enriches the blood and builds up
the whole system. SOC.
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04

lands. The act defines strictly the
purposes for which loans are to be
made, and requires that the rae IF
interest charged on farm loans shall
not exceed per cent per annum.
Twelve Federal Banks
The United States shall be divided
into IL farm-lcan districts, and a
Federal land bank with subscribed
stock of not less than $75O,00O, eacl
share IS, shall be established in each
district Each Federal land bank
may establish branches i'm its dis
trict. within 80 days after the cap
ital stock is offered for sale Il may
be purchased at par by anyone.
Thereafter the stock remaining un-
sold shaun be bought by the Secre-
tary of the Treasury for the United
States. 1t is provided however.
that the government shall not re-
ceive any dividends on it's stock. III
timately, it is intended that all the
stock in the bank sshall be owned by
the associations of borrowers and
provision thtrefor is made in the law
for transferrin gthe original stock At
par to these associations.
Farm-Loan Associations {
The act provides for the creation
of local nation farm loan associations
through which It is contemplated
that the Federal land banks shall
make their loans In the event that
a local loan association is not form
ed / many locality With ma year. the
Federal Fahm Loan Board may au-
thorize a Federal land bank to make
loans on farm lands through APPROX
ed agents. Ten or more persons who
ow nand cultivate farm land quail
fled as security for a mortgage loan
under the act, or who are about 20
own and cultivate such land. may
form such an association, provided
the aggregate of the loans desired
by the Membership is not less than
100000. Each member must take
stock in his association to an amount
equivalent to 5 per cent of the
]
stock the association holds in trust
as security for the members individ.
| ual loan. The association, in turn
when applying for money from tn,
bank. Each stockholder in an asso.
the bank to an amount equivalent tC
5 per cent of the sum it wants to OBJ
tain for its members. This stock Il
held IN trust by the bank as security
! for the loans it makes through the
association. If a prospective Dor.
rover has no money with which c
pay for his association stock, he may
borrow the price of that stock as 4
part of the loa non his farm land.
Under this plan. then. every Dor.
rover must be a stockholder in his
local association, and every associa.
] tion a stockholder in it's district
bank Fash stockholder in an asso.
citation is liable for the acts of tha
association up to twice the amount
of his stock
Durant weekly news. (Durant, Choctaw Nation, Indian Territory [Okla.]) 190?-1944, 1916-08-04
How Lonns Are Obtained

A member of a national farm loan
association, before obtaining a loan,
must first fill out an application
blank supplied to the loan associa-
tion by the Federal Farm Loan
Board. This application blank and
other necessary papers Will be 80
ferred to a loan committee of the as
sociation, which must appraise the
property offered as security Such
application as is approved by the
loan committee Is then forwarded to
the Federal land bank and must be
Investigated and reported on by a
salariod apr ra'scr % the bank before
the loan is granted This appraiser
is required to Investigate the solveu
cy and character Of the prospective
borrower as well as the value of his
land. When a loan is granted the
amount is forwarded to the borrow
er through the loan association,
The fool-killer., 1916-02-01
NUMBER II.
AN HONEST CONFESSION.

From the standpoint of eminent
respectability there ain any flies
on the American Review of Re-
views. That is a fact too we'll
known to need emphasizing here.
For many years it has stood at the
very head Of it's class as maga-
zine OF superior excellence and
reliability. If a man can afford to
take and read but one Of the big
standard magazines, he could
hardly make a better choice than
the Review Of Reviews. 1t does
for the busy reader a vast amount
of reading, culling and boiling
down that he amt got time to do
for himself. And it's editorials,
by DR.. Albert Shaw, are we'll writ
ten and worth reading, whether
you agree with him or not.
Now all that popularity for a
magazine means more than YOU
might suppose. For one thing, 1t
means that the political and fin
ancial bosses of America have not
found anything in it to kick about.
It has managed to keep on the
good side Of the ruling class. and
that awful word "Socialistic"
has never been hurled at it, so far
as I know.
I was therefore most sgreeahly
surprised when I read in tho De-
cember number of the Review Of
Reviews such a Socialistic editor
ial as the following:
| "Our two so-calle,. great parties do
not differ enough in essential princi-
pies, or in programs of action, to he
distinguished from each other Most
of the leaders Of one party might just
as we'll be the leaders of the other. so
far as their convictions are concerned.
These two parties stand to-day as the
chief enemies of good govermnet in
our municipalities and our States. and
it is not reasonable to say that .thoir
methods and their rivalry are the chief
obstacles to good government in the
sphere Of national and internationl
| affairs"