davidaulloa/AmericanStories huggingface dataset:
The Julesburg grit-advocate., 1916-08-10
sss.sd sy the srs.,s..s July ". ,s,s.

3-PrOvides for federal land bank
system In the continental United States
Exclusive Of Alaska). dividing the
country into twelve land bank districts
composed Of whole states.
a-The system Is operated as a bu-
eeau Of the United states treasury de-
partment and supervised by the fed
eral farm loan board. The secretary
Of the treasury Is ex-OfficiO chairman
Of the board with four other members
appointed BY the president for eight
years at an annual salary Of $4,000.
One member Is designated farm loan
commissioner and Is the active execu-
i've officer.
1Appsintsss 81 Deard: (a) Farm
loan registrar for each land bank dis
trict and
(b) One or more land appraisers for
each land bank district. Salaries paid
by federal land bank or joint stock
land bank for which they act.
(c) Land bank examiners: salaries
paid by the United States.
(d) Attorneys. experts. assistants
aad other employees to be paid by the
United States.
.t7-Powers Of the Doard: (a) To
o. s<anize and charter federal land
bGnks. joint stock land banks and ma
tishal farm loan associations.
tb) To review and alter the rate of
interest to be charged by federal land
banks for loans.
fs,l oil
loans for bond issue and to grant or
ref1se any specific issue Of farm loan
bODds Of federal land banks and joint
stOek land banks.
~ To regulate charges for ap-
pra'sal, examining titles and record
Ing
(eI To appraise land securing mort
gags for bond issue.
~ To exercise general supervisory
authority over the federal land banks,
farm loan associations and joint stock
land banks.
3O.-The farm loan commissioner
shall examine the laws Of every state
and II on examination the laws Of any
state are shown to afford insufficient
protection to holders, It's mortgages
shall be declared ineligible under this
act during the continuance Of the laws
In question.
32.-The secretary Of the treasury is
authorized to deposit United States
funds In federal land banks at current
government rates Of interest, the ag-
gregate Of such funds not to exceed
100000 at any one time.
The Julesburg grit-advocate., 1916-08-10
The Three Phiiosophers

For the first time in their lives
three genuine. simon-pure philos-
ophers went out riding In n motor car.
After they had ridden about twenty
miles out in the country the car broke
down. Said the first philosopher: II
have long wanted to study certain as
poets Of nature. and this affords me
the particular prospect l most ad-
mire." Said the second philosopher ::
Il observe there Is farmhouse over
there where food can doubtless be OBJ
tanned in sufficient quantities" Said
the third philosopher: Il have long
wanted to be In a situation where,
without moving. sustenance would be
brought to me by one friend, while
the other discoursed on the beauties
Of nature."-Life.
The Julesburg grit-advocate., 1916-08-10
THIS DEALER HAD REAL TACT
Mirrors In Wearing Apparel
Establishment.

A dealer In wearing apparel, noticing
that his stout customers and his very
thin customers often were sensitive as
to their figures, installed two full
length mirrors Of special design, says
Popular Mechanics magazine. One was
slightly concave and the other slightly
convex. When a stout customer tried
on suit she was led to the cOncave
mirror for self-inspection. and was able
to see her figure as it would appear
with its measurements reduced. When
a thin person came in to try on clothes
she was taken to the convex mirror.
where the opposite effect was pro-
duced.
The Julesburg grit-advocate., 1916-08-10
CAPITAL STOCK.

Sec. 5.-S75O,OOO. May be owned by
individuals, firms, corporations and the
United States and state governments.
Sec. 5.-Shares, S. each.
Sec. 5.-All stock remaining unsub-
scribed 30 days after subscription
books are opened shall be subscribed
By the United States and thereafter
only the United States government and
borrowers may acquire shares OF stock.
Sec. 5.-United States government
not to participate in dividends. All
other stockholders share dividends
equally.
Sec, 5.-The original capital stock
shall be gradually retired after the
stock held by farm loan associations
shall amount to $75O,0OO.
Sec. 5.-Not less than per cent
Of capital shall be invested In United
States government bonds.
POWERS.
Sec. l3.-To buy first farm mort
cages within its district and to issue
and sell farm loan bonds.
Sec, 13.-TO receive from farm loan
associations interest and amortization
payments on mortgages and farm loan
bonds.
Sec. 1910 acquire and dispose OF
real and personal property necessary
for the convenient transaction OF busi-
ness; and land taken In satisfaction OF
debts or purchased under judgments.
DEGREES or mortgages held by 1t. Shall
not hold title exceeding five years.
Sec. 13.-To accept deposits of Sc
curities or current funds from member
associations but pay no interest there
on.
Sec. 13.-To borrow money on Sc
curity and pay interest thereon.
Sec, 1a-To buy and sell United
States bonds.
Sec. 13.-To appraise lands for bond
,ssue md to charge applicants and bor-
rowers the cost of land appraisal, ex-
amining titles recording and other le-
pal fees, said fees to be paid In cash
The Julesburg grit-advocate., 1916-08-10
NATIONAL FARM LOAN ASSOCI.
ATOMS
ORGANIZATION.

Section TEN farm owners desir-
ing loans aggregating $4,000 or more
may form such an association.
Sec. Its affairs are administered
by FIVE directors, including president.
vice president and loan committee Of
three serving without compensation,
and by n secretary treasurer with sal
ary fixed by the farm loan board and
paid by the association.
CAPITAL STOCK.
Sec. s.-Shares, S. each; (9) carry
ing double liability; (S) may be owned
only by borrowers who are required to
subscribe per cent of their loan In
The Julesburg grit-advocate., 1916-08-10

tAe purreaes Preec1ibed ~ saticaaa
farm loan associations.
Sc, l6.-Loans may be made -
farm owners regardless Of whether en-
gaged in cultivation Of the land mort
gagged or not.
Sec. l6.-Interest on loans shall not
exceed more than Ier cent, the in
teresi rate established for its last series
OF bonds. nor more than G per cent in
any case.
See. l6.-COmmissions or other
charges not specifically authorized by
this acH shall not be demanded OF re-
ceived.
Sec. aO.-Issued in series Of &SOO 600
or more. In denominations Of S25. $50.
500. 500 and $1,000
Sec. D.-Aiay bear maximum rate Of
. per cent interest per snnum.
Sec. l6.-ROnds shall be no engraved
as 10 be readily distinguishable from
federal land bank bonds.
Sec. 10. - Mortgages and United
States government bonds equal In
amount to the farm loan bonds issued
are retained as collateral security by
the land bank registrar.
Sec. l7.-NO issue Is authorized with
out the approval Of the farm loan
board.
Sec. 27.-Federal reserve banks are
authorized to buy and sell the bonds OF
joint stock land banks.
Sec. 22.-SubstitutiOn Of mortgages
and United States government bonds
held as collateral to farm loan bonds il
permitted.
| Sec. 27.-Its bonds are lawful invest
ments for fiduciary and trust funds
and security for all public deposits.
TAXATION.
| Sec. 26.-The capital stock. surplus
and earnings are subject to the taxing
powers Of the state.
| Sec. 26.-Its mortgages executed un-
der this act and it's farm loan bonds
md all income derived therefrOm are
exempt from federal. state and munic-
ipal and local taxation.
Sec. 2G.-Iteal property taken and
held under the provisions Of sections
II and l3 Is not tax exempt.
SPECIAL PROVISIONS.
| Sec. 6.-JOint stock land banks are
made public repositories and financial
agents Of the United States govern
ment.
| Sec. G.-Public deposits cannot be in
vested in farm mortgages or in farm
loan bonds.
Sec l6.-Rates Of interest for loans
under 6 per cent are not subject to
review or alteration by the farm loan
board.
Sec. 13.-Shall receive no deposits
except public deposits.
Sec. characterization and other
payments constitute trust fund to be
invested as follows:
(a) To pay OF its maturing farm
loan bonds.
(b) To purchase farm loan bonds.
(c) To lend on first mortgages with
in its prescribed field.
<db. To purchase United States gov.
eminent bonds.
Sec. 23.-Reserve and dividends pro.
vided for as in the case of federal land
banks.
Sec. 29.-Provision Is made for dis.
solution and the appointment Of re-
ceiver.
The Julesburg grit-advocate., 1916-08-10

1t is not the height some men at
tain that makes them giddy-it IL look
ing down with contempt on the crowd
beneath them
The Julesburg grit-advocate., 1916-08-10

the capital stock a the associates
which in turn subscribes an equal
amount Of stock in the federal land
bank.
Sec S.-Shares are paid for In cash
or (O the amount may be added to the
lace OF the loan and retired In amOrti-
zation payments at par. In such case
the face Of the loan shall not exceed
the 80 Ver cent and 80 per cent lim-
itatiOn.
Sec. 7.-Assessment on shares may
he levied for operating expenses II
funds are not otherwise available.
POWERS.
Sec. 1O.-TO appraise land for mort
gage through its loan committee Of
three.
Sec. ll.-To indorse and become
liable for the mortgages Of its share
holders.
Sec. Ito receive and deliver the
proceeds Of lOans to borrowers.
Sec. Ito acquire and dispoHe Of
property necessary for the convenient
transaction Of its business.
Sec. Ito issue certificates Of DE-
pOsit for not longer than one year and
to pay 4 per cent interest thereon.
convertible into farm loan bonds 1t the
federal land bank of its district.
Sec. ITO receive and transmit to
the federal land bank payments Of in-
terest and principal and amortization
payments.
Sec. l2.-I-Oans shall be secured by
first mortgages on land within Its land
bank district.
Section l2.-TO run from 5 to 20
years with amortization and with ad-
ditiOnal optional prepayments after
five years.,
Sec. l2.-Interest on loans shall not
exceed 9 per cent per annum on the
unpaid principal.
Sec. l2.-BOrrOwers shall pay
per cent simple interest on defaulte
payments.
Sec. 12.-LOans may be made for the
following purposes and for no other
under penalty:
(a) To purchase land for aGricul.
tural purposes.
D) To purchase equipment, fertil.
izer and live stock for the operation Of
the mOrtgaged farm.
(c) To provide buildings and for the
improvement Of farm lands.
(d) To pay debts existing at time Of
organization Of the first national farm
loan association within the county.
Sec. 12.-Maximum loan $4,000;
minimum loan 500.
Sec. 12.-No loan shall exceed so per
cent Of the value Of the land mOrtgaged
and 20 per cent Of the permanent In
sured improvements.
Sec. 12.-No loans shall be made tO
any person who Is not at the time OF
shortly to become engaged in the cult
walton of the farm mOrtgaged.
Note.-All applications for loans
originate with the national farm loan
associations or agents and all loans are
made and closed by the federal land
banks. This does not apply to joint
stock land banks.
TAXATION.
Sec. 26-Same as applies to federal
land banks.
SPECIAL PROVISIONS.
Sec. 9.-Associations may retain AT
commission One-eighth Of per cent
semiannually from interest payments
on the unpaid principal Of loans.
Sec. 9.-Associations may borrow
from federal land banks at per cent
annual interest up to one-fOurth Of IT.
total stockholdings In said bank.
Sec. 24.-Reserves and dividends
No limit is placed on dividend distri
buttons after the reserve account. bull
up from net earnings equals 20 pei
cent Of the capital stock and after
per cent Of the net earnings annually
thereafter are added to the reserve ac
count.
Sec. 25.-Defaults must be made
good within 80 days after notice.
Sec. 29.-PrOvisiOn is made for dis
solution and the appointment Of a re
ceiver.
The Julesburg grit-advocate., 1916-08-10

It's case of loves labor lost un-
less II gets into the union.
The Julesburg grit-advocate., 1916-08-10
JOINT STOCK LAND BANKS
ORGANIZATION.

Section 16.-A private corporation
subject to the requirements under this
act which may be formed by ten or
of five or more.
Sec. 16.-May operate within the
state in which its principal Office is To-
Gated and within some one contingu-
Gus state.
Sec. 2S.-Subject to somiannual ex.
aminations by the federal land bank
examiner.
CAPITAL STOCK.
Sec. 16.-$25O.OOO minimum.
Sec. 16.-Double liability of share
holders.
Sec 16.-The United States govern
ment shall own none of the shares of
stock.
Sec 16.-No farm loan bonds can be
issued until the capital stock is fully
paid. although the bank may begin
business when one-half OF the capital
is subscribed and paid in cash.
POWERS.
sec. 1O.-Ao teuu mouey On ldTIn
mortgage security.
Sec. 16.-To issue and sell farm loan
bonds.
Sec. l6.-To issue farm loan bonds
up TO Is times the amount Of its capi-
tai and surplus.
Sec. 16.-Except rs otherwise pro-
vided 1t has the powers Of and is sub
ject to the restrictions imposed on
federal land banks.
PRIVILEGES.
Sec. 16.-May lend more than $4,000
to any one borrower, but not beyond
81 per cent of the value Of the land
and 20 per cent Of the permanent in
sured improvements.
Sec. 16.-Loans are not restricted to
The Julesburg grit-advocate., 1916-08-10
Federal FARM LOAN BANKS
ORGANIZATION.

Section 4.-One In each land bank
district. Branches permitted within
Its district. Officers: President, vice
president, secretary and treasurer; d.
rectors; six representatives Of farm
loan associations and three represent
ing the public interest. Attorneys, as
sistants, experts and other employees.
All salaries fixed by farm loan board
and paid by bank. Subject to semian-
nual examinations by land bank exam
lnpr
The Julesburg grit-advocate., 1916-08-10

A human being cannot breathe mt IL
height Of seven miles from the earth.
The Julesburg grit-advocate., 1916-08-10
FEDERAL FARM LOAN ACT

pssssd ~ ths tsSss ~ Rsersssats-
Gvos oAd ~ URi1od etatso eeA-
Ste Jvas n ss1 q. 1914
Rssesetivsiy.
The Julesburg grit-advocate., 1916-08-10
The Federal Farm IOanACt

BY 81. II Hanson. .6scsstasy-rrsasurseF Farm
Mortgage Banker Association Of America
Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1916-05-31

"Sins Of Society,"" in 5 acts, Mon
day and Tuesday.
R. Gulbranson, of Thief River
Falls, is in the city to-day.
Martin Tunheim, of Newfolden, is
in the city to-day attending to mat
tiers of business.
Shubert's great dramatic success,
"Sins of Society,"" in 5 splendid acts,
Monday and Tuesday
MIR. c. H. Hopwood left Sunday
evening for points in Iowa. He will
be back about the middle of this
week.
Special feature attraction! "Sins
of Society,", Shubert's spectacular
drama, Monday and Tuesday at
Drea1nland.
Grand Forks VS.. Warren. This
game will be played on the Warren
diamond on Friday at $40 sharp.
A fast game is guaranteed.
Miss Agnes Berget will entertain
the Girls Society Of the United
Lutheran church on Wednesday,
June 7th, at P. M. All are invited.
w. A. Knapp returned to Joliet,
III, Friday, after spending a few
days looking over the business in
terests Of the Pioneer Land and
Loan Company in this city.
Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1916-05-31

Don't fail to see Shubert's great
dramatic success, "Sins Of Society,""
a powerful play Of modern society
life, produced in five acts. At
Dreannland Theatre, Monday and
Tuesday. Admission 10 and zoe.
Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1916-05-31
"Sins of Society,"" Monday and

"Sins of Society,"" Monday and
Tuesday.
Mrs. Carl SEVERN visited friends
at Poland, N. D., Saturday.
Rev. D. Samson will preach at
Argyle on Sunday for Rev. F. E.
Stillwell.
The Union prayer meeting in the
Presbyterian church tonight will
begin at 7:15 sharp.
Miss Selpha Torgerson, of
Radium, is visiting at the Gust
Lindstrand home in this city this
week..
Frank SEVERN returned Tuesday
from Minneapolis, where he has
been attending a school of tel
egraphy.
Miss Josephine Dixon returned
Friday from Freeman, South Dako-
ia, where she has taught in the
public schools.
Services will be held at Emil
Dahlin's home in Comstock on Sun
Eday, June 4, at 2 o'clock P. NJ, by
Rev. Werner Drotts.
License to wed has been issued by
Clerk of Court Swandby to o. A.
Finseth to Anna Gre1llin. Both par
t ties are residents of Oslo.
Miss Lucille ,Lundquist returned
Tuesday from Minneapolis, where
she has attended the Arts and Craft
Guild during the past year.
Miss Stella Malberg, daughter OF
Mr.. and Mrs. P. B. Malberg, of Elk.
eel, is member Of this years grad
uating class Of the Thief River
Falls High School.
Mrs. John Keenan, arrived yester-
day morning from Aberdeen, S. D..
to be present at the Memorial Day
exercises and visit friends. He1
husband was an old soldier and is
buried in the cemetery here.
The regular meeting of the w. c.
T. U. will be held at the home Of
Mrs. A. B. Nelson, on June 1, :
o'clock P. M. All members are re.
plested to bring friend with g
small child as it is White Ribbon
Recruits day. Secretary.
Born to Mr.. and Mrs. Hams Ur-tes
this morning, a fine, bouncing baby
boy, who tips the scales at 12K
pounds. Mother and son are doing
we'll and the father also is able tx
be around to set up the cigars fo1
the new presidential possibility.
The baccalaureate sermon deliver
ed to the graduates. of the .Warre1
High School by Rev. Stillwell, O.
Argyle, on Sunday evening last, wa
an able and eloquent effort, and can
not fail to be an inspiration and :
help to young people and to olde
people as we'll. Rev. Stillwell is ;
pleasing speaker.
Master Charles Ayres entertaine.
his little friends at his home Mon
day afternoon, it being his fourt]
birthday. The party consisted O.
Oma Fac Van Felt, Oliver Thorson
Russell Thomas, Milford Peterson
Irene Wadsworth, Alice Boardma7
and Velina Rasums, and they all de
cfared that Charles was some enter
tainer. Pop corn and candy %wer
4 eaten as games were played and fo
lunch Mrs. Ayres served sandwiches
pickles, ice cream and cake. H
received several nice presents.
Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1916-05-31
Monday and

"Sins of Society,"" Monday and
Tuesday, in 5 acts.
When you tire of being sick, con-
suit DR.. Kvitrud, the progressive
Chiropractic and Naturapathic ply
stefan of Crookston.
Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1916-05-31

WANTED-Girl for general house
work. Two in family. Inquire of
Mrs. Edwin johnson, city.
The nonpartisan leader. [volume] (Fargo, N.D.) 1915-1921, 1916-02-17
Asks the Devils Lake Journal
Editorial in S,pils Lake Journal


their
by
of the
ssido
The that
opGG
oPG GT WILL THE LEAGUE BE
AVoWED BUSINESS
at
The nonpartisan leader. [volume] (Fargo, N.D.) 1915-1921, 1916-02-17
Will You Answer Correctly?

apurdy
maxim ade eepmH Heaah?'
T Hi
fyav been
hisgi we co hsqnre
mi dpne Sc far
o
ly make first toHat
oualg
@ 8
Of the nme
Henyou Itandnh
m eve nynanm dol hspat
d business sfmaknga admnsg
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1916-07-22

Having made a preliminary can
vass. have been encouraged to enter
the field as a candidate for the nom
ination on the Republican Ticket
for the office Of Sheriff OF Iron county.
The purpose OF this Is TO formally
offer myself as such candidate.
Ny long residence and wide aquain-
lance in Iron county makes Il sim
pie matter for the voters 10 Judge
whether or not / would make desir-
able Sheriff ! am able to definitely
promise that I will not be controlled
by any faction, and II elected, to per-
form the duties Of the Office in fair
and impartial manner to the hest Of
my ability
Dated June 7th,19l6.
r " Barnum
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1916-07-22
PREVENT FOREST FIRES

The Conservation Commission is
doing its best to prevent forest fires,
but II needs the help OF every person
who goes into the woods for business
or pleasure TO make its work effective.
The danger from forest fires cannot
be eliminated without the cooperation
OF every citizen OF the state.
II you are guide. the burning OF
forests where you take parties for
pleasure. means the loss OF your
source Of employment.
II you are a camper. single bad
forest fire may destroy the attractive
features OF your favorite camp site.
II you are fisherman or hunter
your sport may be spoiled by the
burning over OF the forest you visit
every year
Fire Prevention Means:
Increased value OF property
Flourishing industries
More fish and game
Beautiful Scenery.
Freer use OF forest land for all.
Don't leave burning cigars, ciga-
rettes or pipe ashes where they may
set fire 10 infiammabie material
Don't leave your camp fire until you
are absolutely sure It is out
Don't set fires to clear land or burn
brush in dry times
Put out all fires you see II you can.
II the fire Is too large for you to put
out alone. notify the nearest Conser-
walton Warden at once BY putting out
small fires you can prevent big ones.
No forests No game.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1916-07-22

'ers that are now confined in the city
lookup.
Just as a suggestion. II might be a
good plan to pick up the "drunks"
that are so much in evidence around
town and put them to work repairing
our city streets. The streets need re
pairing and this might be the cheap
est way To keep them in shape
Labor is scarce. men are badly
needed by most concerns in the city,
but there are a number OF men who
will not work. they can be seen
around town every day and every
night. II they won't work. and only
persist in loafing around our streets
making remarks about ladies who
pass. It's a duty we owe 10 our city
and to the men themselves 20 put
them where they will have 10 work
long enough at least TO get. the
booze out OF their systems.
II these men had 10 sleep in Jail
and work say for few DAYS every
time they got drunk they might wake
up to the fact that it is better 10 stay
sober and work. and at the same
time they would be OF some use TO
their families and II would also re-
lieye the city officials OF the most
troublesome problem they have TO
contend with.
These loafers are no credit TO the
city and OF no use TO their families
and II they are not capable OF taking
care OF themselves they should be
takn care OF through the proper chan
Chronicle
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1916-07-22
DID yoU PAT?

Pat O'Brien. who poses as good
Presbyterian and wears an outward
veneer calculated to make all men be
lieve he is pure Christian gentleman,
but deceiving no one. insinuates that
when we claim TO have received a
letter from ex-President Theodore
Roosevelt, paying US a fine compli-
ment, that we are attempting TO fool
the people; that we had no such com
munication. Pat feels secure in call
ing names at distance OF so miles. be-
ing well aware that no one would take
the trouble TO travel IS far to such an
insignificant source. And IL is well
known that whenever Pat makes a
statement that might stir the choler
OF some one he takes train out OF
town the day before his paper is print
ed and remains away until he thinks
the danger 10 himself has passed over
Tom Conlin told US about inst
characteristic OF Pat long ago. AID
he's close neighbor who knows al
about him. Calling names isn't any
argument. and IL is altogether at
| variance with seriptural teachings.
We trust the light will come to Pat
and cause his reformation. Ii isn't we'll
to be travelling about in the dark
lighted only by saffron streak that
comes from ones organic system. We
had grave fears. when Pat entered in
10 politics, that he might become con
taminated and fall into the ways OF tn
unregenerate. and we are commencing
TO think he didn't get vaccinated a
against II. He calls his old friends liars
and acts like some wild thing with q
barb in it's yitals We think his neigh
bors should look after him before ht
passes to the incurable stage.
And another question: Was Pa
O'Brien a member of the election
board that ate Iron RIVER township Il
the verge OF bankruptcy? Did this pie
demolsher also work his way into
that free lunch conspiracy which Is
furnishing the material for such scath-
ing articles as are COW being printed
In the metropolitan press, showing
how the innocent taxpayers have been
fieeced? Did Pat also put in his thumb
and pull out a plum and say what a
great boy am To- Ishpeming Iron Ore