davidaulloa/AmericanStories huggingface dataset:
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1918-05-31
FINE CLOSING OF THE
PROSPERITY HIGH SCHOOL
Fourteen Young People Conclude the
Course-The School Spirit is Fine
and the People Interested.

and the People Interested.
It was our pleasure to attend the
class day exercises Of the Prosperity
high school on Wednesday evening.
This is a fine school and is doing ::
great deal for the uplift of that COM
munit and the interest in the school
is fine and the school spirit runs
high
There were fourteen young people
finishing the course and they eviden2-
ed fine training by the excellent teach
ers of the school Principal Wheeler
has been with th school for several
years and Prof. J. NJ. Bedenbaug}l
his assistant is a teacher Of vide eX-
rnr.enca aHd the other teachers al,
cooDarataH and altogether the year
list closing has been a very success
fat one
The evening was warm and the az
d:4oriu-, v-@e wai' filed bit better
o~dor vas rovor Witnessed il sny al
dfenoe
Or corra@ncndont furnishes fcr
f;.;S isere an occourt Of tie exercises
but wo could rot halo making these
ra,n2rl,s on the excellent work this
school IS doing.
In looking ND the history of an
other community the other evening we
ran a~ros< an account Of this school
and When the good people decided
to oetoblish ? high schoo! the slogan
in Prosperity was High School and
Prohibition. At that time there wera
several barrooms in the town. IN
looking over that fine audience on
"Wednesday evening we could not help
brit feel that it was good that those
fine bows would not even know what
barroom looked like, and while we
have never been prohibitionist we
believe it is vel for them that the
good people won both fights at the
time Tesfneption. +. -
Prosner:tv. Nav 3O.-On Monday
night the Rows defamation contest
was held. The program was:
Sons-America.
Prayer.
James Wright Redenbaugh-The
Dignity of Labor.
Hnvv-ard Singley--iA Battery in Hot
Action.
Music.
Pet+ns Connelly-Not Guilty.
Cvril Mills-Duties of Literary Men
to America.
Music.
Ernest Br"oks-The Black Horse
and Rider.
Olin -sense-Common and
Preferred.
Music.
This medal given by Mr.. l. II. Hunt
! of Newberry was won by Olin Long,
with honorable mention to Ernest
Brooks.
On Tuesday evening the reading
contest for the W. W. Wheeler medal
was held. the following being the
proeram:
Christmas Eve in Mining Camp
Mabel McWaters.
The Swan Song-Myrtle Hunter
Music.
The Little Scottish ,Martyrs-RuDy
Mae Merchant.
Murderer's Confession Bert1o
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

I Murray Briggs Elizabeth J. Evans,
Martha J. r. Martin. Briggs Anna
BILE, Franklin Thurman Reese Viz
Einia Thurman Reese and r.. r. Bur
fleming, Special Guardian Of r., Briggs >
Annable and Franklin Thurman
Reese, Minors, Observation-Disclosures
and Citation Hearing of Final Ac-
count and Distribution Of Estate.
The State OF North Dakota to the
above named Respondents:
You, the said above named respond
ents are hereby notified that the final
account of the Administrator With
the Will Annexed OF the estate or
Margaret r. Thurman, late Of the
Hennepin and State Of Minnesota, de-
ceased, has been rendered to this
Court, therein showing that the es-
tate of said deceased is ready for
final settlement and distribution, and
petitioning that his account be al
lowed, the residue Of said estate be
distributed to the persons thereunto
entitled, his administration closed.
and he be discharged that Friday
the 18th day OF March. a. D. lels.
at 10 o'clock in the forenoon Of said
day, at the Court Room of this Court,
i'm the Court House, in the City OF
Fargo, County Of CaHS, and State or
North Dakota, has been duly appoint
ed by this Court for the settlement
thereof, at which time and place any
person interested in said estate may
appear and file his exceptions in writ
ing, to said account and petition ana
contest the same.
And you, the above named respond
ents, and each OF you, are hereby cit
cd and required then and there to be
and appear before this Court, and
show cause, If any you have, why said
account shall not be allowed, the res
idue of said estate distributed, the
administration of said estate closed
and said Administrator With the win
Annexed discharged,
Dated the 18th day Of February.
A. d. 1918.
By the Court,
A. @. HANSON,
Judge Of the County Court.
Let the service Of the above Cita-
ton be made by personal service and
publication in The Fargo Forum and
Daily Republican in the manner pro-
vided by law.
A. G. HANSON.
Judge.
CFeb. 1898. March 80. 1875
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

conducted in community which has
been prosperous during the years Of
its existence. The section rs mora
than ordinarily fertile, and the farm
ers living in the community hava
succeeded better than the average.
What has been the NATTER
I'VE believe the trouble has been
entirely In management and credits.
These seven directors could not give
their personal attention to the bust
ness and they, therefore. were obliged
70 hire men to conduct the business.
These men have evidently not been
keen business men or IL they were,
have failed TO apply conservative
methods In the conduct Of the busi-
ness.
''If this store was failure, officered
as 1t was, is there great reason 20 be-
lieYe that others would not bef This
lis the question for farmers to decide.
We do not vouch for all these state
ments In this article. We have Sc
cured them from a reliable source,
and believe them to be true. If they
are not correct we viii be pleased TO
publish correction.
We believe any prudent farmer in
this or any other community who has
this information is justified in max
ing inquiry regarding this particular
store before investing in the stock OF
any ether cooperative store.
Gas we said before all cooperative
concerns are not failures. Many are
great successes. A cooperative store
might be one OF these successes, but
IL must result from careful and con-
sentative business methods"
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

the nations production Of farm prod
ucts."
Congressman Norton contends
that no particular appropriation Of
money that congress may at any
time make and place In the hands
OF any administrative officer of the
government, to be loaned to farm
ers as such official may consider ad-
visable, will probably meet the
needs of the farm producers of the
country for adequate short time
personal credits. The only way in
which this need can be fully met.
Congressman Norton considers, is
by practical elastic system Of short
time personal rural credits.
Commercial Bank Not Adapted.
The modern commercial banking
systems, as now organized, are not
adapted and were not intended to
be adapted to meet the peculiar con-
ditiOns which confront the farmer
for credit to carry on this important
work Of production, says Mr.. Norton.
The congressman has made an eX-
tended study of farm finance and Of
rural credit systems, as they are
found in operation in different coun-
tries throughout the world. During
the sixty third and sixty-fOurth con-
crosses, he took O leading part in
framing the legislation for the pres
emit federal farm loan act. which Isl
so successfully meeting the needs Of
those engaged in the agricultural
industry for long time land loans
for the purchase Of farm lands and
the making Of permanent farm i'm
Twelve Personal Credit Banks.
Mr.. NortOn's bill provides for the
organization of twelve federal per-
5Onal rural credit banks, each of !
these personal rural credit banks tOl
have a minimum capital stock Of ST.
)00 600 and to be loaned in the same |
city and in the same building where
the federal land bank for the dis
.riot is located. The present direcA
tors OF each federal land bank are
10 be the temporary directors of the
federal personal rural credit bank
'or the same district. The general
Of the federal personal
'uraI credit system Is to be under
he direction and control Of the fed
sral farm loan board. The capital
stock of each federal personal rural
,reddt bank Is to be divided into
shares Of IS each and may be sub
,crtbed for and held by AMY individ-
lRl, Arm or corporation or by any
tate Of by the United States.
Government 20 Subscribe.
If. within 80 days after the opening
II subscription books for the stock
4 any federal personal rural credit
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02
PERSONAL CREDIT
BANKS PROPOSED
BY NORTON FOR
FARMERS NEEDS.
New Measure introduced
By North Dakotan Pro-
poses Novel Method
SHORT TIME LOANS
ARE PROVIDED
Would Serve to Meet Re
quirements of Rural Dis
tricts, Norton Thinks

Washington, D. c.. March 1. -
Congressman P. D. Norton, of North
Dakota, believing that the best way
of solving the problems of greater
agricultural development OF the ma
ton and increased production Of
farm products Is to provide an elias
tic system OF finance particularly
adapted to the needs OF farmers.
through which they can secure
short time loans at fair and reas-
enable rates Of interest to carry on
their farming operations, today in
aroduced in the house a bill for q
personal rural credit system. The
bill, as it's title discloses, provided
for legislation Ito organize and es-
tabIish a federal personal rural
credit system for the purpose of
enabling those engaged in the agri-
cultural industry to procure loans
of money for short periods at reas-
enable rates OF interest for purchas-
ing seed, feed, farm implements,
and livestock, and for paying the
cost Of farm operations 50 as to more
largely develop the agricultural in
dustry of the nation and increase
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

an assessment Of approximately si5.-
Total Less $4,000.
If the insurance amounted to $780,
600, as was reported At the time Of
the Are. ana the adjustment was
made on the basis on a total loss, then
the company should have collected
a25, 900 af insurance. This Fum coup
led with an assessment of $4,000
would make q total Of $4,000. But
this does not represent the total loss
as there was $4,000 OF capital invest
ed, so the total loss, liz these figures
arc correct. would be $4,000. For the
sake Of argument let us scale TIE loss
one-third, which would leave soTne>
thing over $4,000. or ave times the
original capital invested IN the con-
Germ. We do not know whether tha
company ever paid any dividends,
but we presume that any company
which wound up its affairs I'm the
shape this one did, failed TO pay
dividends. liz this is correct we must
add a loss Of at least per cent on
the capital for the ten years the store
was In operation. This would make
$500 more.
Ne Breath Of Scandal.
'@This Is something which occurred
near home, and which can be en-
uuired into readily. The men who
were directors were high grade men.
Our governor, the representative OF
the farmers organization of the state,
was secretary OF the corporation.
There Is no breath Of scandal OF
question of honesty In the manage
ment Of the store. This business was
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

bank, any part OF the minimum capi-
tai stock OF 100000 remains un-
subscribed for, III then becomes the
duty OF the secretary Of the treasury
TO subscribe the balance Of the stock
on behalf OF the United States.
Provision Is made for the retirement
Of the stock of the government when
the subscriptions to the stock by
federal rural credit unions reach u
prescribed amount. Each personal
rural credit bank Is authorized to is
sue and sell debentures and to loan
its funds to federal personal rural
credit unions.
Unions Local Organizations.
The personal rural credit union,
which is the organization OF the
system dealing directly with the
farmer in his local community, may
be organized by ten or more natural
persons. The federal farm loan
board, before approving an appIica-
ton to organize q rural credit union,
is directed to make an investigation
OF the character and solvency of the
applicants. On the approval of the
organization certificate by the feder-
al farm board, a charter is issued TO
the union, giving II the usual pow
ers Of q body corporate, including
LA6 power 10 6lu0IS6 ana D6COFlG
liable for the payment of notes taken
from shareholders, to loan its funds
to shareholders, who are actively
engaged in agriculture for produc-
tive purposes only, and to borrow
money. Bach federal rural credit
union shall have a subscribed cash
capital OF not less than $3.50, ex-
elusive Of capital subscribed by pros |
pective borrowers. The capital stock |
Of federal rural credit unions is |
divided into shares of 81 each, and |
may be subscribed for and held by
any individual, firm or corporation or
by any county, state, municipality
Or by the United States.
IL within 80 days after opening OF
books for stock in rural
credit union, any part of the mini
mum capital is unsubscribed, II shall
be the duty Of the Secret
AIRY Of the treasury to subscribe
he balance thereof on behalf of the
United States. Loans are to be made
1nIy to shareholders who are farm
sFs. No loan shall be for less than
10 nor more than $4,000, nor for a
onger period than two years. No
oan shall be made to a shareholder
n any amount greater than ten
lines his paid up capital stock in
he union. A person desiring to Dor
'ow from union must make a writ
EN- application, stating among other
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02
CRYSTALPROJECT
IN COOPERATIVE
STORES FAILURE
Farmers of North Dakota
Community Have Lost
Nearly $4,000
GRAFTON EDITOR
DEALS WITH TOPIC
Sets Forth Reasons For
Failure Frazier Among
Promoters

The history OF the affairs Of the
Crystal On. d. farmers co-operat-
tive merchandising enterprise are set
forth in the current issue of The
Walsh County Leader. Of which
Grant Hager is editor.
The Crystal company has been
given more or less publicity for
some time, principally because Of the
fact that Gov. Lynn J. Frazier Of
North Dakota was secretary OF the
corporation.
Here is the story Of the company's
affairs as related by the Grafton
paper:
"Just at the present time there is a
great deal being published regarding
cooperative stores. Much that is be-
ing published is concerning the Con-
sumers' United States Stores COM
pany, an organization which has a
number OF cooperative stores in the
western part of the state.
We are open minded regarding
this company. It's contract, Tor at
least the one published as being
genuine) does not look as liz ii was OF
much value to the individual farmer,
but whether he becomes a stakeholder
or not is a matter OF his own bust
ness, and we are not giving him any
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

things the amount he desires to
borrow, for what purpose the loan
- TO be used, and when he VIII
agree TO repay the loan. All loans
and the security for the repayment
Of the same must be approved by q
majority OF the I'VE directors Of the
FEDERAL rural credit union.
Borrowers Must 30 Stockholders.
Every applicant for q loan must
agree to purchase stock in the un-
ion equal to 0ne-tenth OF the amount
Of the loan desired. On the payment
In full Of the note given for the
loan, the borrower on request may
have his stock cancelled, and in such
case, he shall be paid an amount
equal to the par value Of the stock
or have the Same applied In final
payment Of his note.
Not 60 Exceed 9 Per Gent.
Shareholders Of the federal rural
credit unions shall be charged an
interest rate OF not more than six
per cent per annUm on loans made
from the union. Federal personal
rural credit banks shall charge q
rate OF interest OF not more than 81
per cent per aunum for loans made
to federal rural credit unions.
Debentures Approved by Registrar.
All debentures issued by federal
personal credit banks shall be APP
proved by the registrar and the col
lateral for the same deposited with
him, as In the case OF farm loan
bonds issued by federal farm loan
banks. Shareholders Of rural credit
unions shall be held individually |
equally and ratable and |
not one for another, for all con-
tracts and debts of the union.
The capital reserve surplus and
iebentures, issued by federal per-
5onal rural credit banks and federal
rural credit unions, as well as notes
and other obligations executed TO
hem, are made exempt from all
forms of taxation. 10 is further pro-
yided in the bill that the officers,
attorneys, clerks and experts Of the
federal farm land banks shall be
Used, as far as practicable, in the
administration Of the federal per-
yonal rural credit system proposed
~ Congressman Norton.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

advice as to how he shall act. He
alone is taking the chance Of profit or
Rust Be Responsibility.
"The question OF cooperative stores
and concerns in general is not new.
There are In existence many hun
dreds Of cooperative concerns In the
United States which are pronounced
successes from every standpoint. and
there are many hundreds which have
proved fat and unqualified failures
The difference between those which
have succeeded and those which have
failed is a matter of management.
The same reasoning applies to busi-
ness enterprises conducted by individ-
uals, Arms and corporations. Whether
they make a profit for those inter
ested, or whether they fail, depends
upon the amount Of energy. brains
and management that rs put into
them. There Is one great difference
however. The store operated by an
Individual. Arm or corporation almost
always gets the personal attention Of
the men who have invested most
heavily in the enterprise, while the
cooperative concern Is generally
made up OF a great many men, each
with a small amount of capital.
Now we are coming TO the matter
we wish to present. Some ten or
twelve years ago a large number of
farmers in the Crystal neighborhood
a corporation with
capital Of $4,000, divided into shares
of the par value OF 500 each, all OF
which sold. The concern took over
the stock and business OF the Waldo
estate and has been in business until
Il was burned out on the night of
Nov. 9. 1917.
Fire Less cempists,
"The loss resulting from the Are on |
The stock was complete, but the in |
surance carried was about $4,000. |
A short time ago a meeting Of the |
directors of the company was held at |
Crystal for the purpose of winding up |
the affairs Of the concern. The |
directors are Gov, Lynn ]. Frazier, J. |
]. O'Sullivan, w. J. Greenwood, w. |
R. Mitchell, Fred Mangan, j. B. Cor |
bet and D. Stems. Governor Frazier /
has been secretary Of the company I
since its Organization and a member |
Df the board of directors. We are /
acquainted with all these |
directors but one, and know them to l
De honest men, OF average ability, |
Ind successful i'm their private affairs. 1
We are reliably informed that at |
he meeting held for the purpose of I
winding up the affairs of the COM
sany it was found necessary to levy
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02
LEGAL NOTICES
reasury Department. once of Coml
trOIleE Of the Currency.


trOIIer Of the Currency,
Washington. D. C.. February H.
whereas, by satisfactory evidence
presented to the undersigned, it has
been made to appear that The First
National Bank of Fargo, located in
the City of Fargo, in the County Of
Cass and State Of North Dakota, has
compiled with all the provisions OF
the Act of Congress ito enable Ma
tional Banking Associations to eX-
tend their corporate existence. and
for other purpOses", approved July IL,
1882. as amended by the Act, approved
April IL. 1904;
Now, therefore, ], Thomas P. Kane,
Acting Comptroller of the Currency,
do hereby certify that The First Ma
tional Bank of Fargo. located in the
City of Fargo, in the County of Cass
and State of North Dakota, is author
1zed TO have succession for the period
specified in its amended articles OF
association, namely, until the close OF
business on February 10, 1898.
In testimony whereof witness my
hand and Seal Of office this twelfth
day of February, 1918.
(EeaD T. p. KANE,
Acting Comptroller Of the Currency.
Extension No. 1891.
Charter No. 1877.
(Fsb. IS 10 March Is. 1879
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

Sealed bids will be received up to
March 18th, 1918, for the construction
Of q basement under our church, To-
Gated in N. d. corner OF SEA 23-187-
81. Plans and specifications with
Davenport State Bank and under
signed. Congregation reserves right
TO reject any or all bids.
CARL VANGERUD,
i Act Sec, Kindred. N. D.
(Teb. 21-23-26-2s. March z, 1879
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02

NofHee and CieRFfOn Hearing Of rIunf
Account and Distribution OF Estate.
State Of North Dakota, County of
raHs. iii County Court before Hon.
A OF Hanson. Judge
IA the matter OF the Estate OF
Margaret E Thurman. Deceased.
William a. Edwards Administrator
H the VIII Annexed Petitioner.
~ Benz Briggs James Briggs
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02
Citation and Notice Hearing Proof of
Foreign VIII.

StAta Of North DakoLas County Of
Cass, Ia County Court. before Hon
A. q. Hanson. Judge,
In the matter of the Estate OF
John III. Hansen, Deceased.
Lizzie KargeH, Petitioner, Va. Anna
M. Hansen, Emma Hansen. Lena
Hansen Julia Judd, Mary Peterson!
John ]. Hansen, William Hansen and
Fred @. Hansen, RespondentE.-Cita-
ton and Notice Hearing Proof OF
Foreign Will
The state of North Dakota to the
above named respondents and all per
sons interested in the Estate of John
II, Hansen, Deceased:
You and each of you are hereby
notified that Lizzie Karges, the Petit
toner herein, has fled In this Court
J a copy Of the Last VIII and Tesla
ment Of John III. Hansen, late OF the
City Of Los Angeles, in the County of
Los Angeles, and State of California,
deceased and the probate thereof in
the state Of California duly authenti-
u Gated with her petition, praying for
i the admission to probate of said doc
/ ument as the Last VIII of said de-
ceased and for the Issuance to B. NJ.
Schwarz Of letters OF administration
with the will annexed thereon, and
that the said petition and the proofs
/ OF said purpoTted win will be heard
I and duly considered by this Court on
"Wednesday. the 9th day of March, A.
+ ID. 1913 at 10 o'clock In the forenoon
"
this Court, in the County Court
House. in the City of Fargo, County
Of Cass and State Of North Dakota
You and each Of you are hereby cit
ed to be and appear before this Court
at said time and place and answer
said petition and show cause, If any
there be Why the prayer of said petit
fion should not be granted.
By the Court,
IN Ennn A q HANSON
Judge Of the County Court.
Dated the 18th day of February,
Fowisr & Green, Attorneys for
Petitioner, Fargo, North Dakota.
(Feb. 1913, March 2, 191s.)
Sealed proposals will be received
by the Board Of Education of Fargo,
North Dakota, March 25th, 1918. at
$500 o'clock p. m, for the erection and
completion Of the new Combination
Grade ana High School Building, from
the plans and under the supervision
OF VIM. B. Ittner, Architect, as fol-
lows:
General work.
Electric Work.
Make application for plans and spec
thcationH 70 u. g. Guthrie, Secretary,
Board Of Education, Fargo, m, ID. a.
deposit Of $4,000 will be required for
the plans and specifications covering
5000 for the plans covering Electric
Work. Deposit will be refunded on
return of plans
Bids on Heating and Plumbing will
not be taken at this time.
No bid will be entertained unless
accompanied by a deposit in amount
rs indicated in specifications. said de-
postk TO be in cashiers check or a |
guarantee bid bond furnished by a |
Surety Company authorized to do /
business In the State of North Dakota 1
and in amount equal to 329S e. of bid Il
amd made payable to the Board or i
of Fargo, NJ. d., and en-
slosed iii the envelope containing the /
bid
The Board reserves the right to re-
|ect any or all bids.
BY order Of the Board Of Education,
Fargo. n. D.
BY 2. G. GUTHRIE.
Secretary.
(Feb %, March 2-s-16, 1879
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-03-02
HORSES FOR SALE

One car OF horses from 4 60 6 years
old-weight from 1900 TO 1900 at
Fargo Horse barn, March and q
AdVt.