davidaulloa/AmericanStories huggingface dataset:
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

Regarding the above, will state
that the Rolette County bank liza
nlllty consists of two Time C. DIS
These. are long past due and were
cfshonored at maturity. The bank,
understand, is in the hands of a re-
ceiver or in liquidation. 1 do not
not know the shape in which it's af-
falrs are, so am unable to state OF
estimate what salvage, if any, will
be obtained from this claim. See
Directors Resolution regarding the
same.
The No. 2 note is past due, and Of
very questionable value. The maker
IS a young attorney, who formerly
resided at 60, and where he has
considerable debts. 1t is admitted
that he is without any personal
means. See in this connection Di-
rectors' Resolution.
- ct al are Iowa parties. This
note is an old eye-sore in this bank
and has been ordered out repeated
~. 1t is past due since 1917 and not
even the interest paid. It was or
dered out of the bank last June
but is still here in the same shape,
only much worse past due.
The rs Life Insurance notes are
all past due since 1917. They are
endorsed by n -, an insurance
agent at Crookston, MINI. Whether
this man has any financial means
could not be a~scertained, but he is
believed to be very light. These
notes were here last summer, and
since that time less than 5000 has
been paid on the whole bunch, or
the total has been reduced less thar
$500 during nine months interview
ing. in spite of the fact that this
period has been the most prosperous
in the history of the Red River val
ley, which gives a pretty good in
dication of the character of these
notes. They are now and have been
for some time in the hands of an
attorney for collection.
The F. c. Heaton loan represents
one of j. J.. Hastings financial oper-
atoms. This loan is secured on Lot
4 in Block 3 of the Village of Buff
falo, N. D. F. c. Heaton is one of
the assistant cashiers in the Scan
dlnavian American bank, and is
merely a dummy in the transaction.
There is no abstract of title in the
pank IN connection with this loan,
put the various recorded transfer
the course of the transaction. On
Aug. FL, 1918, J. NJ. Hattie, admins
traitor, deeds this property to S. G,
More, for a consideration of $1,000;
More in turn. deeds to I. M. Bum,
Get. 1, 1918, for 1000; Oct. 10 1915
Bunn deeds to P. R. Sherman, for
$l.00; Jan. %, 1919, Sherman deeds
to Hcaton, for $1.Oo, and the follow
ing day Heaton signs a mortgage to
this bank on this property for 81, 500,
wrote to the First National bank
at Buffalo regarding the value of this
property at the present time and
herewith enclose his letter, OF
course, Heaton has no interest in
this property. never paid any money
for same. nor did he receive any
gage.
The balance Of the above notes
needs no explanation, as they are not
considered of any value whatever.
The following past due loans are
considered very poor. weak and I'M
desirable, so it is recommended that
same be collected in full or removed
within q raa cnro1 11 %;-o
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

Speaking of fishing, Judge Hunter
Wood, Jr., and Jim Mckenzie, back
from Green River, are telling about
the capture of an acrobatic fish at
Glenmore.
1t was a wall-eyed pike and was
merrily engaged in the delightful
task of chasing a small fish. Swish
ing to the top of the water it leaped
for it's finny prey and it's head
smashed into the concrete retaining
wall of Lock 5.
The impact caused the pike to turn
a somersault and it landed on ton of
or Man Harrod, a local angler, who
calmly raked it in with the minnow
net he happened to have in his hands.
The captive weighed - 1-2 pounds,
and had a disguised look on its face.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
STRIKE IN RAILWAY SHOPS.

Altoona. Pa, Oct. 11.-Virtually
the entire mechanical force at the
Pennsylvania railroad shops in AL
toona, East Altoona, Juniata, South
Altoona and Holidaysburg were on
strike today to enforce the seniority
rule at one of the shops.
The trouble started on Wednesday
when the mechanics at the Altoona
engine house quit work because they
objected to the appointment of an
assistant foreman from the Holi-
daysburg shop. In response to the
call of the leaders of the shop
crafts approximately 10000 men
walked out.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

A study of the list of farmers" signers of these notes. isineresttng.
Spurgeon Oden is a Minnesota man; a paid lecturer for Ge Nonparusan
league.
Charles Heck is Il former coal miner, o a league organizer.
Theo. o. Haroldson is a stock salesman or the Grand Forks American.
H. p. Richardson is a league organizer and has been for many months
Fl. c. Schumacher is a Minnesota man; a league organizer.
Albert j. Fox is a practical organizer" to quote the president of the
league; his I'M is used by the league leaders sin covering up the real owner
ship of certain Nonpartisan papers.
T. J Power is Il Consumers Store company empoye, formerly a clothing
dealer Of Beach.
H. \. Paddock is a ST. Paul lawyer and attorney for the stores company.
of the league.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
Supplementary Report Dealing
With Criminal Features Of Case

Because of the lack of time in
which to make up the report pre-
viously submitted, it is deemed ex-
pedient at this time to submit some
additional data which, for the reason
herein indicated, was unavailable
them. The relationship maintained
by the Scandinavian American bank
with the Bank Of Commerce and
Savings at Duluth requires comment.
TIM books of the bank and the cor
respondence between it and it's cor
respondent in Duluth show that an
agreement existed. and has existed
for nan months past, whereby the
Bank Of Commerce and Savings
would accept discounted paper in
dorsed by the bank without
as though it were purchased by them
outright, and without any conting-
ent or other liabilities, and as though
it were made in the ordinary manner
in which discounts are made.
The understanding further pro-
vided that an amount equal to the
aggregate amoun of loans carried
at any ono time by the Bank of
Commerce and Savings for the Scan
dinavian American bank, must be
left intact and on deposit with the
Duluth bank. who was authorized at
any llHe, III CISe llcV ueSlIeu, "
wipe out the balance SO carried with
them by the Scandinavian American
bank TO the extent of all loans SO dis
counted with them.
I'm other words. the balance car
ried by the Scandinavian American
hank with the Duluth bank was I'M
available to the bank here for any
other purpose except to liquidale
and take up the paper so discounted.
Yet this fund, SO deposited with the
Duluth bank and unavailable to the
bank here for any other purpose tx
rept as indicated above. and for the
time it was being used by the Du-
luth bank for protection on the dis
counts so carried, out of the control
Of the bank here and under the com
|ielc domination of the Duluth bank.
was represented here, and has been
reported by the Scandinavian Amer
lean bank Of Fargo to the banking
department. as constituting it's legal
reserve. subject to current demand.
ON April II, w. H. Locker. under
the signature Of the Bank Of Com
mercc and Savings Of Duluth. wrote
10 H.. J. Hagen, president of the
Scandinavian American bank IF
Fargo as follows
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
BANK OF COMM ERCE AND
SAVINGS

II. j. Hagen, President,
Scandinavian American Bank,
Fargo, N. D.
Dear Sir:
! have your favor of the 14th.
Our position is this: We are
willing to take the notes on and
carry them for you a request
ed. but we do want you to carry
a balance here equal to the
amount of paper that we are
carrying for you according to
our original agreement. 1t is
not our intention to charge this
off against your account unless
YOU draw a draft against us re-
reducing your balance below the
amount of paper we Ire carry
ing. In that a s we reserve the
right to charge the paper to your
account, and under no other cir
cumstances would we do. that,
excepting as the paper came due.
In other words, we cannot carry
the paper here and let you with
draw the funds.
Your letter is not clear on this
point, and / have stated it plain
ly so that you will understand
just what my object I trust
that this will be satisfactory, as
there will be no effort on our
part to withdraw . the amount
excepting as stated above and
we will not affect or impair your
reserve in any way.
presume you will be getting
in a large amount of money in
60 or 80 days. and our e
is very low at the present time,
and the next 80 days will be the
time that we will have to guard
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
List Of ':Farm1er' Signed Notes Backing Gigantic
Loans to LeagueAnd Stores Unique Feature of Case

Details Oft the system employed by the Scandinavian American bank and
us flnclpal debtors, tn Nonpartisan league and three ubsrdlay corpora
law that grants % a bank the power % oar a sum not to exceed Is per
cent of it's combined capital and surplus, are set forth in a statement pre-
pared by the deputy bank hammers. Messrs. IIandorson m Engemoen,
who completed their examination of the bank Estw week just prior to the
action of the banking board in ordering the institution closed.
The Consumers United Stores company loan # $4,000 is accounted for
in a series of 23 so-caled Accommodation" notes-notes on which the makers
assume n o liability and which ire accepted by THE bdnk as being Liabilities
OF the steers company. These Accommodation" Notes hav been Vigorously
defended in certain quarters a S farmers" notes.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

Snort, the hotel manager. and
lobby. a manufacturers agent, were
talking about their respective bust
les interests.
II say remarked lobby. "low do
you use such an enormous quantity
Of pears and peaches?"
"Wcll,' replied Snort. W eat
what we CA and what we can't eat
we cam"
Indeed" said the other. we do
about the same in our business"
"How is that F."
1--WE sell an order when VIC can
sell it, and when we can't We cancel
it."
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

There are about 25 loans of various
amounts, all of which are past due and
not in the bank, being in the hands
of various attorneys and others for
collection. all this paper is doubtless
poor paper. but l am unable to pass
On same intelligently. Among this
paper are some landmarks quite fa.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

James whitcomb Riley and Bill
Nye, while on a lecture tour. had a
long wait between trains in a
western vilhge. They decided to
clean up and Inquired the way to
the barber. The station agent said
he would send for a man to shave
them. When the barber arrived he
told Nye, the first to be shaved. to
lie down on the baggage truck. When
Nyc protested. the man explained:
~ can shave you all right, bat | al
ways shave en- lying down: amt
never shaved n live one BEFORE
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
Report Bya Bank Examiner; Made
Last April Showing Condition Then

as same is far from satisfactory. l
would recommend the immediate re-
moval of the following. which are
classed as bad debts, viz:
Jiolette County State Bank,
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
miliar to the department through
former reports; these together with
names and amounts of other loans
among these, Of substantial amounts
n ra nc fol1ouys.
Judgment
Indictment

The note is a second mortgage on a
quarter section in Ransom county
with a prior lien of S $1,000. This note
vas ordered reduced, last June to
100000 but nothing has been accom-
plishe. The Kolstad claim has been
put into judgment, and Hagen tells
same will be paid in a very short
time. 1t certainly should either be
paid or removed within a short time.
- is said to be financially re-
sponsible, but there seems to be some
dispute regarding this claim.
The bank carries ~ notes given by
parties in payment of stock in the
Peoples State bank at Hatton. these
are supposed to be secured by the
stock for which they were given.
They are all past due since, early last
fall and are with the Hatton bank
for collection. These u notes aggre-
gate $9,562.5O. 1 cannot class this in
any other way than poor paper, and
would recommend, that the bank be
instructed to collect same at an early
date or have them renewed up with
adequate additional security.
Excess Loans.
The following excess loans are car
ricd by the bank, viz: ,
The Consumers Stores Com.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

Pardon me-" said the army cook,
for military chefs are prone to ad-
dress their underlings courteously.
learned to peel potatoes so artistical-
ly? ! observe that you do not cut
off the cuticle in great hunks, as alas.
too many do. but loosen a bit OF the
skin OF the tuber and then deity
strip it off. You must have had much
experience in skinning e'er entering
upon a soldiers life 2"
II did, thank you. sir" replied the
police. Before ( decided to make
the world safe for democracy l was
country banker"
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
Wise Relaxation.

The wise Know that a judicious
amount Of wasting time is. in the
end. not wasting at all: for those
who have learned to relax and to
forget at the right moment, to lay
aside care and thought and time
completely. when they do labor do it
with t fresh n mighty power that
the weary slaves Of time service ncv-
er know. To lose time proftably is
an exquisite art.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

very closely, as there is moro
money being checked out now
Than paid in in deposits.
Very respectfully,
BANK OF COMMERCE.
AND SAVINGS,
BY W. H. Locker,
President.
Inc above sets forth the UNDER
standing which the subsequent cor
respondence shows has been the
practices relationship existing hc-
tween the two banks for more thar
eight months. Additional cores.
pondence further in this report will
De used for the purpose of setting
out a specific transaction and is here
referred as further Illustrating the
same method.
That this was the actual practice
IN the bank and was done with the
knowledge, authority and direction
OF the officers and directors of the
bank is shown by the minutes nassed
Immediately following the letter
above referred, namely, on the 1oth
OF April, 1919. The minutes follow.
Regular Meeting Of the Board al
Directors of the Scandinavian
American Bank, Held at
Its Office, Saturday,
April 10. 1919.
Members present Fl. T.. Bolley.
n. G. Eggen, r. J. Headland. Fl, I
Hagen, J. f. Holmes.
Minutes of preceding mcetine
read and approved
On motion Of F.. ]. Headland. sec.
eonded by j. F. Holmes. the follow
ing resolution was adopted: Resolv-
Cd that the Board of Directors of the
scandinavian American Bank Of
Fargo. hereby authorize the Presi-
uent n Cashier, or either of them
TO pledge Bills Receivable of this
oank in the sum of $4,000 to Sc
cure a loan of not over $50, 900, for
d time not longer than six months,
1,om the Mercantile State Bank of
minneapolis. Resolution adopted,
directors Bolley Eggen. Hagen
f'eauland and Holmes, vosing Aye.
heretofore it has been a practice
or the President and Cashier to sell
Bills Receivable to the Rank al
Commerce and Savings. Duluth. and
take credit for same in our accom-
with the bank. It was a practice r.
the Bank Of Commerce an6
savings to charge our anG
return loans as they matured. Thi,
practice was approved by a majorit,
or the board. 1t being necessary t1
secure funds in this way, all loans
being endorsed by this bank without
The discount committed
examined all loans made since nrio,
meeting together with collateral
Ihere being no further business.
TO come before the meeting, SAM
was on motion duly adjourned.
(Signed) III. r HAGEN
c; President
(Signed) P. r. SHERMAN.
Secretary
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16

This practice was permitted and
authorized by the directors. and the
statement Of the Scandinavian
American bank with the Duluth bank
ana the book containing figures for
the same show that this was actu-
ally carried out. BY far the largest
portion Of the banks legal reserve,
as shown on the books, during the
past three months, has been carried
IN the Bank Of Commerce and Saw
lngs at Duluth. in accordance with
this method and a large proportion
of which has not beer available as
shown by the foregoing discussion
and as will be indicated hereafter.
AS an Illustration of this the state
ment of the bank on the day it vas
closed shows that more than three
times the amount reported as legal
reserve was carried in the Duluth
bank tina was carried in all the
other correspondent banks put to-
sether. 1t should here be noted, in
conclusion. that all of the funds car
ried in the Duluth bank, under the
heading Legal Reserve" in the
ann above indicated was in fact
not available for such purpose and
cannot be SO considered as legal re-
serve. However, figuring the amount
carried by the bank with it's Duluth
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
M LEAGUE LOAN

I. l. Griffith is one of the group of paid organizers.
Fl. E. More is Il employe of the league in it's Fargo Office
Axel Strom is the state manager of the league in North Dakota
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1919-10-16
THE N~oNPARTIsA

THE NoNPARTISAN LEAGUE LOAN.
The Nonpartsan league loan from the bank of s14S,S2426 is covered in
he same manner, with the following group Of Accommodation notes used
Gunnison news-champion., 1919-04-04
FREw SAW FIERCE FIGHT.
ING IN 2ND MARINE DRIVE

John Frew returned from France
Sunday, showing the effects Of the
fierce fighting which he saw, but still
the same old John, and ready for an
other scrap il Uncle Sam needs him.
Mr.. Frew was in the 10th regiment
of the 28th division, one Of the hard
est fighting units of Pershing's crus-
aders. This 10th was the original
Pennsylvania National guard, but Of
course filled up with casuals as were
all the regular and national guard reg
iments. They fought in the second
battle Of the Marne, starting at Chat
eau Thierry and going thru to the
Disc. Then they were switched to
help with the st. Miheil salient. 1t
was on the 25th Of August on the
Vesle river that John received his
wound which kept him six weeks in
the hospital. Not recovering fully,
he was kept in the record office as
sisting there till his return.
Johns brother, Hugh Frew, was
killed in the battle Of Sergey hill, on
30th Of July. Just week later he
passed the spot, the regiment then
advancing north Of Rheims. Another
brother, David Frew, is with the army
Of occupation at Rottenheim, Germany
and win probably remain in. Europe
till fall at least.
Gunnison news-champion., 1919-04-04
Bis RANCH DEAL
HERE ETH|SWEtK
CREWS AND WARREN BUY
EAST HALF DOS RIOS RANCH
Price Was sss,eee fer llse Aeres Less
Thaa Half Improved. Firm Has
Large HoldinEs in LAID and Cat
tie st Sapinero.

A 100000 ranch deal was COM
pleted in Gunnison this week, when
Paul c. Warren Of Evanston, ILL.,, and
T. l. Crews of our city, purchased
from Paul Seeley Of Portland, Oregon,
the east half of Dos Rios ranch, form
eriy the Hartman place. The west
part of the ranch. all west Of the
Stubb's gulch road was sold last fall
to ]. J. Gregg.
The remaining portion of the big
gest ranch in our county comprises
1880 acres, about 500 of which is pro-
ducing hay land, last year cutting
some 600 tons Of hay. This includes
the former Outcalt places, and the big
fat at the mouth of Stubb's gulch,
which is susceptible of grea. develop
ment when water is secured from
south Beaver creek.
With the ranch goes 30 head of
horses, considerable machinery and
other personal property. Messrs.
Crews and Warren have been feed
ing at this place during the winter,
and have 600 head of stock cattle
there now. They also own large ran
ches at Sapinero, and will run about
HOO head during the season. Mr..
Crews expects to make his home in
our city as resident manager Of the
big properties.
Gunnison news-champion., 1919-04-04
DEAN QU|C[[Y
HEADED HOME
POPULAR SCHOOL HEAD CABLES
THAT he WILL GREET US IN
JUNE.
Has Beea Year In France in "Y" Wesk
OtheS c. 8. N. 8 Faculty PFsies-
sors In Service. News frsa Army
aud Navy.

On April the following cable
gram was received from Mr.. Samuel
Quigley: "Home June first; all mail
miscarried."
Dean Samuel Quigley. of the Colo
RADIO State Normal School, has been
away now in Y. NJ. C. A. work al
most O year, and as one of the most
popular men in Western Colorado, his
return will be eagerly watched for.
G. Davis Brilliant, writes from
Clionville, France, that he is leay ing
in q few days for the long trip horce,
but ms the 35th division will stop at
numerous "Rest Camps" enroute, he
expects it will be June first before lie
sees New York and September, before
he gets home to Gunnison. The 35th
division is composed mostly Of Kan
sas and Missouri boys. His addreas
is Co. d, 10th Machine Gun Bat.
35th Div. Amer. e. F. France.
On March % card was received
from Mr.. F. George Damson which
gives information regarding his part
in concert work in connection with a
tour that his band is making. He
hopes that his band can appear in
Paris before he sails for America. He
expects to be in Gunnison by the mid
die OF July.
On March 18th we received a card
from Miles !. Lee from Camp Mer-
ritt, New Jersey. He expected to
leave soon for Camp Sherman where
he was to be demobilized. He is now
at his home in Alliance but expects
to be in Gunnison for Summer School.
A letter received from Herschel T.
Manual at Fort Sam Houston, Texas,
states that he will be in Gunnison for
the Summer Session. He sent syllabi
of his courses in Educational Psych-
ology, Educational Measurements
Experimental Education. Psychology
!, and Psychology Of the Learning
Process.
Gunnison news-champion., 1919-04-04
ROAD CONDITION IMPROv.
ALONG COUNTY ROADS
Autos Begin to Swarm Streets. S.r-
gents to lola and Jacks Cabin Is
Clear.

Roads are now passable east as far
rs Sargents, but no cars have yet been
over Cochetopa pass 80 far as known.
Al least none to come this way from
Hacks ranch.
West Of town autos travel nicely to
lola, the county men having shovelled
out few drifts that bothered. An
other week should see the way clear
to Powderhorn and Sapinero.
Jacks Cabin can be reached by car
and Crested Butte SHOWS are melting
fast.
Elmer Wiley, road superintendent is
surfacing the road north Of town to
the river with the shale, OF blue lime,
or soapstone, or whatever It may be
called, that Is found in . vein on top
Of the sand rock. Il was 80 success
ful where used last summer that .
more extensive experiment Is being
tried. This material packs smooth
and arm and does not xriid into tie
dust and bloY away. WheA we4, how
ever, + = elightly greasy nd wfll Be
faeed lightly With erassl sSo naaIe {
gT1t 1nf1A. The sGme stiR 8 Nonnd
q eAe seA6see0e near II Chinery
raAeA en1 . etxuteA e ro6d I'm ~
(Coue3nUed q hnet Raeey
Gunnison news-champion., 1919-04-04
RESPECTED DOYLEvILLE LADY
DIES AT. PUEBLO SANITARIUM

News reached Gunnison this week
Of the death Of Mrs. Addie NcAllis-
ter which occurred Tuesday night st
Pueblo. Mrs. McAllister had been In
very poor health for the past few
years, and had been . patient at the
Woodcroft Sanatarium in that city
for the past three years.
Mrs. NcAllister was one Of the
pioneer residents Of Doyleville, where
the family owned q ranch. Mrs. Nc
Allister also lived in Gunnison pre-
vious to her health failing, and con
Quoted furnished rooms over the Wal
ker Drug Store on Main street, lat
er going to Kansas where she spent
some time with relatives. She was
. highly respected lady and well
known thruout the county, where abe
has msny friends who viii regret TO
hear Of her passing away. She was an
aunt Of VIM. B. Nunson, Of SarKents,
whom she raised from . small boy a.
ter his mothers death.
The remainD Wil be Inferred ~
Deyieville tqnAeFrvw after arrival q
train freA 11Aae, ~ Is ID a -
~. behiss - aiesr, vhs ~ t11s
Iskdaa Z rnsiia : 60,
|tss - Nm, ueA Alli.ees's slfnfe.