davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

This small cottage makes an at
tractive and practical home. From
the covered front porch one enters
into a vestibule leading to a central
hall. From this, a comfortable liv-
ing room opens on the left. The
stairs lead from the hall to the Sec
ond floor, which may be finished for
two additional rooms or used for
storage. The compact arrangement
of this plan makes it a servantless
house. A dining alcove in place Of
the conventional dining room is
planned off the kitchen at the rear.
reducing housework and making it
convenient for the small family. The
living room is of ample size with
fireplace and book case at the side
and is large enough to permit Of
use as both diningroom and living
room. Two good sized bed rooms
and bath are planned off the central
hall. The exterior may be finished
in stucco, shingles or clapboards.
The width Of house Is SO feet and it
has an area of 932 square feet ex-
elusive Of porch.
For further details as to cost and
specifications, write Architect" care
the Kennebec Journal and refer to
Journal House Plan No. Is.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
CH|LDREN'S DAY
PROGRAM SUNDAY
BAPTIST CHURCH

The members of the beginners, pri-
mary and Junior departments Of the
Penney Memorial United Baptist
church furnished the program for the
Children's Day program which was
held Sunday evening at the church. A
large congregation enjoyed the pro-
gram Of the younger folks.
The program was as follows:
PROFESSIONAL; song, Hold Thou My
Hand" Miss Flora Johnson; prayer,
Mr.. Brown; song, Good Evening"
ercise. Ruth Eastman, Olive Eastman,
Charlotte Bean, Lena Brown. Geral-
dine Carter, Doris Trott, Leora Can
field, Wanita Morton and F&ith Rich
ards: song, "Fairest Lord Jesus" Jun
Tor Dept; recitation, 'Children's Day
the Best" Eldora Cusson; recitation,
Are Flowers Sorry?" Eleanor Bean;
song, Busy for Jesus" Beginners
Dept; exercise, "Our Day." Robert
Blair, Clarence Bradford, Cleo Bishop,
Roy Lewis, Thomas Brooks, Jr., and
Elliott Hanson; pantomine. What the
Easter Lily Told the Bluebird," by Be-
ginners Dept.-Roland Trott, Dorothy
Day, Richard Blair, Elvin Dickinson,
Granville Carter, Philip Day, Inez
Getchell. Phyllis Cameron, Betty Jane
Escency, Geraldine Bradford, Evelyn
Bradford, Frances Whitehouse, Mario
RE Whitehouse, Marguerite Jarvis, FL
lott Hanson. Thomas Brooks, Jr., Es-
telle Cassidy, Madeline Hanson, Eve
lyn Cameron, Cleo Bishop, Clarence
Bradford, Leora Garfield, Geraldine
Miller. Marion Miller, Natalie Laffiin,
Rosalie Best; recitation, Bible Sto-
ries," Thomas Brooks, Jr.; exercise,
What Shall We Give?' Evelyn Cam
eron, Mabel Haddis, Marjorie Knox;
offering; recitation, "One Day for the
Children" Carl Brown; song. Little
Gardens" Marguerite Jarvis; exercise.
"Children's Day." Dorothy Matthews,
Mildred Longfellow, Virginia Knox,
Lena Brown; recitation, THE Garden
err" Robert Brown; song, Little Her
aids" Estelle Cassidy, Marguerite
Jarvis, Madeline Hanson; exercise,
why We Are Happy" Madeline Han
son, Madeline Hall, Charlotte Bean,
Iva Bishop, Dorothy Matthew'S; reci-
tation, Grandma" Pauline Purinton;
song. Gifts Of His Love-" Estelle Cas-
sidy; benediction.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

Barker. s. Benson, D.. Blaisdell, ].
Golfer, N. Douglass, B. Dudley, M.
Dutton, G. Cunning, A. Holloway, B.
Hewins, J. Humphrey, H. Mcfarland,
]. Milton, B. Morse, A. Nelson, E.
Priest, D. Richards, w. Soule. NJ.
Tapley. H. Walton, w. Weeks, D.
Wheaton.
Freshmen-Highest Honors. G. An
drews, j. Bailey, c. Bilodeau, M.
Chapman, X. Farr. D. Fisher, S. Fos-
ter, NJ. Higgins, H. Leland. L. Lem
ieux, A. Lishness. c. Noyes, M.
Smith, L. Tracey; Honors, s. Bagley,
M. Brann, E. Brown, H. Cassidy, s.
Crockett, G.. Condor. ]. Davis, r. De-
mers, G. bennett, J. Evans. e. Far
row, w. Frohock, L. Genthner. D.
Groves, r. Higgins, H. Hunt, d. Mar
BILE, G. Murphy, W. Perkins, M. Ran
dali. c. Rowe, E. Sawyer, H. Smith.
M. Smythe, C. Thorne. M. Turner, C.
Tyson. H. Watson, F. Wheeler. T.
Young.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
New Schedule Now
Effective on Grand
Trunk Railroad

Trains will leave Portland 500 A.
M. and S:45 P. M. daily, arriving
Montreal 500 P. M. and 7:10 A. M
respectively, except the 500 A. M
train from Portland on Sunday ar
rives Montreal 1920 P. M, instead OF
$40 P. M.
The Island Pond local will be res
tored leaving Portland 1880 P. M.
daily except Sunday arriving Island
Pond 7:15 P. M.
Trains will arrive from Montreal
at 700 A. M and 1908 P. M. daily
and the Island Pond local will arrive
11:40 A. NJ, daily except Sunday.
Dining and Parlor cars on through
day trains, Pullman cars on night
trains. The Grand Trunk maintains
a ten hour schedule daily between
Portland and Montreal. this feature
in conjunction with the high class
equipment is being appreciated by the
travelling public.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
ElwelI.

At beautiful wedding Saturday
afternoon at o'clock in the South
Parish Congregational church Miss
Virginia Holway of this city became
the bride of Edward Richardson Ell
we'll of Portland. The ceremony was
conducted by Rev. Andrew T. Nc
Whorter in the presence of a large
gathering of relatives and friends, the
single ring service being used.
Mrs. Elwell was attended by her
sister. Mrs. Lewis Brown of Auburn,
AS matron of honor. Miss Carolyn
Blanchard of Portland as maid Of hon
or, and by Miss Katherine Wyman,
Miss Maud Barker and Miss Margaret
Merrill of tkis city and Miss Helen
knight of Boston as bridesmaids
Charles Morrill, of Portland, cousin of
the groom, was the best man and the
ushers were Oscar Holway of Augusta,
a brother of the bride, George Brad
ley. Donald Laughlin, Harold Libby
all Of Portland, and Lewis Brown of
Auburn.
Following the ceremony a reception
was held at the home of the bride,
with the bride and groom, Mr.. and
Mrs. Charles o. Holway. parents of
the bride, and DR.. and Mrs. Walter f.
Elwell, parents of the groom, in the
receiving line. The happy couple later
left for wedding trip to Kineo.
The exchange Of gifts. pretty SEN
timent attending wedding plans, in
cluded the groom's gift to the bride,
which was lovely platinum pin set
with diamonds. The brides gift to
the groom was a watch. To the ma
tron of honor the brides gave a plat
mum pin, sapphire set. .sHer maid of
honor and bridesmaids received from
her attractive crystal chokers which
she brought with her from abroad. To
the little flower girl and the train
bearers were given gold circlet pins
The groom gave his best man and the
ushers silver monogramed pencils.
Gifts from near and far have been
lavished upon the bride. An entire
room in the Holway home was devoted
to their keeping. Prominent among
the gifts was a chest Of silver, many
other large pieces Of silver, cut glass
and other rare pieces. costly china and
fine linens.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
WARD Three SCHOOL,
MEETING TONIGHT TO.
ELECT MEMBER Of BOARD

1t is rumored that William E. Cross,
of the firm of Bean and Cross, clerk
Of the Common Council of the city
government, will also be a. candidate
for this office.
The resignation Of Chairman Hew-
ms, leaves the board without a
chairman and this vacancy must be
filled at the next meeting Of the
Board of Education which will be
held Monday, July 6.
DIR. o. H. Brann, member from
Ward has been mentioned as a pos
sible candidate for this position. DIR.
Brann stated last evening that he
was conducting no active campaign
for the honor, and that he thought
there were others with longer SER
vice on the board who should have
the position. He stated however
that if the members of the board
should see fit to elect him to the Of
flee, he would not refuse to accept It.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

The voters of Ward three will, this
evening, elect member to fill the
place on the school board left vacant
by the recent resignation of Chair
man Frank Hewins. The meeting
will be held at the Y. NJ. C. A. build
ing at 1880 o'clock and from the in
terest which has recently been mani
fest in matters pertaining to the
school department, should be we'll
attended.
Among the candidates for the posi-
ton 1t is understood that A. NJ. G..
Sou1e, Chief of the Division of In
spection of the Department OF Agri-
culture, Is especially we'll fitted for
the position. His friends point to
the fact that he is a college man, and
that he will have three children in
Cony High school next year, as points
which recommend him to such an of
flee.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
List Cony Students
Getting Honors
For Past Year

A list of the students of Cony
High school who have received hon.
ors or highest honors at the school
for the entire year has been made
public by Principal Perkins. To at
tain highest honors 1t is necessary
that student receive rank Of 90 or
better for the entire year in every
subject, while the honor rank is Civ
en- to those falling below this mark
who have received 80 or better In all
subjects.
The list is as follows:
observation-disclosures, r. Pettin-
gill, e. Wilcox.
Seniors-Highest H n ors. d.
Church, L. Leland, e. Morgan: Hon
ors, E. Caswell c. Cullen, M. Ed
wards. H. Ellis, p. Getchell, H. Gil
man. G. Hanks, C. Herrick, M. Leuch- :
ter. M. Newcomb, G. Parker, M. Peas
lee, F. Pishon. M. Robinson, o. Swift.
L. Tibbetts. S. Washburn.
Juniors-Highest Honors. /. Drap-
kin, H. McCaughey, G. Soule, H.
Stiles. G. Young. Honors, L. Bagley,
G. Bison, B. Blanchard, e. Boultbee,
A. Cloutier, R. bennett, N. Haskell,
G. Macdonald, v. Russell, M. Saund
ers, s. Spencer. NJ. Stackpole, G.
Stapleford, M. Turner.
Sophomores-Highest Honors. r.
Friedman. r. Leadbetter, e. Thorne,
M. White, A. Lallemant; Honors. A.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
ISRAEL PIERCE TO TAKE PLACE
MORRELL AS CONY HIGH COACH

his senior year. He entered Univer-
sity of Maine in the fall of 1918.
playing end on the Training Corps
football team. He later left college
and worked at the General Electric
Company plant in Lynn, Mass, until
1922. While there he played on semi
pro baseball teams in that vicinity
and on the Revere City professional
football team.
He returned to University of Maine
in the spring of 1922 and participated
in all Intra Mural events. The next
fall he was a member of the varsity
football squad until he accepted a
position as coach at Old Town High
school. This team won the undisput-
ed championship of Northern Maine,
winning over Bangor, Brewer. Hig-
gins Classical and other teams of
that district.
He played on the varsity baseball
team at University of Maine for two
years as outfieIder and was one of
the leading college hitters in 1924. He
was a candidate for basketball, hoe
key and relay teams but spent most
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Sn1th-Trencb

very quiet wedding was solem.
nl1eo on saturday, June 20, 1925. at
the Universalist church in Gorham n
H., when Miss Alice P. French became
Inc orloe OF Daniel R. Smith. Both
are from Bethel. Maine. and NJ.
French is well known in this citv. he.
ing the niece of DR.. George M. Twitch.
ell. formerly of Augusta, and of the
late Miss Alice G. Twitchell. She w.s
employed for three years as proof.
reader at the Maine Farmer office here.
making her home at that time with
Mrs. E. F. Wilkox.
The ceremany was performed nv
Rev. Helene Ulrich, pastor of the
church, the double ring service being
used. Owing to recent deaths in both
families, the ceremony was private.
AFTER short wedding trip Mr.. and
Mrs. Smith will be at home at a.
Church street, Bethel. No cards were
sent Out.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

of the winter refereeing high school
basketball games.
He majored in education and SCI
ence at the college. He is q member
of the National Educational Society.
Kappa Phi Kappa and Theta Chi fra
ternities.
Young Pierce will without doubt
be an able coach in the various sports
with which he will be connected. His
ability Is .unquestioned and the fact
that he is a graduate of the school
will assist materially in his work
with the boys.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
ToR WArE1v1ILE-xxAvn

8S@ 44o vA&446-A0Av0
Pennington, (stoddard xouss)-s.4s
4. r.; $50 A. n: 12.2o p. H.; $40
Pennington, (Exehangs Rotsl)-e,so
4. H.; Gas 4. n; 12.26 p. H; SIS
r. n.
Tarmington xans-7.os A. H.; $50 A.
H.; 1910 p. H.; $50 r. u.
New Sharon-7.l6 4. H.; 1000 4. u. /;
1850 p. Il; $40 p. u.
Rome Coxner@7.36 4. L.; 1880 4. u;
lilo ,. H.; GOO p. =.
Belgrade 1AkeD-7.l0 4. n; 1880 4.
H.; lao p. H.; o.1o p. -.
Augusta, (AuguSte House)-7.3S A. r.;
9.55 A. H.; LIS r. NJ; 600 p. u.
Belgrade Station-8.1o 4. H.; 1915 A.
H.; Las p. H.; $50 r. u.
North Belgrade, (The ovsrlootl-s.a5
A. T.; Hoo A. H.; 400 p. H.; Gas
oafland-s.4o A. H.; lilo A. H.; ais
=. H.; 700 p. -. .
Arrive at Watsrvills-S.56 A. H.; 1l.25
A.. NJ; 2.30 r. H.; tbs r. II.
unavoidable delays excepted and
subject to change without notice.
NO passengers taken from Oakland
TO Watervdlls or Watsrville to Oak.
land, per ordss Public Utilities Com.
Baggage limited to hand grips.
For Information telephone water.
v az 700, Augusta 14so. Pennington
3. 3. PIERCE, Manager.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Mra. cordeIia Farrinaton

Mrs. Cordelia harrington, widow
OF the late F. L. Harrington, died
Saturday morning at her home on
Bangor street after an illness of
about three weeks. Mrs. Harrington
would have been 81 years of age
had she lived until October. She
was a member Of the old Free Will
Baptist church of this city. She is
survived by a son, Frank Earring
ton, a daughter, Miss. Lottie NJ. Far.
rington and grandson, Frank Far
rington. Jr., all of this city and a
brother. Hiram c.. Wilson of Port
land. Funeral services will be held
this afternoon at four o'clock from
her late home at So Bangor street.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Former Conys And University
of Maine Athlete, Experience
ed in Numerous Sports, To
Have Charge of Teams of
Alma Mater-Experience In
Semi-Pro Baseball and Pro-
fessi0nal Football Will Be of
Great Assistance

Israel (Eddie) Pierce. a graduate
Of Cony High school in the class Of
1918 has been named as athletic di-
rector Of Cony High school to fill the
vacancy caused by the resignation of
Nal Morrell, who has accepted a
position as assistant graduate mans
ager at Bowdoin college. Z
Pierce is a good all-round athlete
having played baseball and football
for three years and basketball and
track for two years while at Cony.
He was captain Of the baseball team
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
FoA HA11I1NGToN-xEAv1

ron xA3161N0Tol-LE
Waterville, (watsrvills Motor co.)-
7.25 A. r., 1000 A. NJ; 100 r. H.;
5.45 p. n.
oakland-7.4o A. NJ; lois A. H.: liz
p. NJ; 600 p. II.
North Belgrade, CHE ovsrlook)-7.so
a. A.; 1890 A. NJ; $50 p. H.; els
Belgrade station-s.1o A. H.; 1o.4s 4,
M; Las p. NJ; $50 p. II.
Augusta, Augusta House)-7.3s A. NJ;
S.55 4. \; LIS p. NJ; 600 r. II.
NJ; 2.05 p. H.; ESQ p. n.
Rome Corner-e.4o A. H.; 1l.oo A. n,
2.15 p. NJ; TOO r. II.
New Sharon-9.Oo a. H.: l1,2o a. Il.
2.35 p. NJ; TAO p. n.
Pennington Talls-s.1o 4. n; 1l.3o A.
M; 2.45 p. Il; 7.30 r. u.
Arrive at xarmington-9.25 4. II,
11.46 A. H.; 800 r. H.; 7.45 r. II.
Arrive 1t Augusta-e.4o 4. n; Ills
A. NJ; ais p. NJ; TOO p. II.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Mrs Lucy RouiIIard

Mrs. Lucy Rouillard died Saturday
IN @nls city at the age of so Years.
Sns was the wife of Paul Rouillard
ana Is survived by her husband. two
sons and one daughter. Funeral
services VIII be held at eight o'clock
tuesday morning from St. Angus
tines church.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Mrs. Susan J. kempton

Mrs. Susan j. Kempton died Sun
oaX forenoon at the home of her
som Charles H. Thomas, Burleigh
street. She was "a years of age.
Futeral services will be held at two
Ocpck Tuesday afternoon from her
late home. The services will be
Pirate.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Picnic for "Y" Ladies'
Swimming Class

The members of the Women's
Swimming Class of the Augusta Y.
M. C. A. will hold picnic Wednes-
day at Pinkham's Cove, Lake Cob
bossee. They will leave this city on
the ten o'clock car and will take
picnic dinner. The day will be pass
ed with swimming, a boat ride down
the lake and other amusements.
The Y. M. c. A. girls who wish to
take advantage of the splendid er
for vacations at Camp Cochnewagan
must present their registration cards
to Miss Ethelle Garside at the Y. M.
c. A., by Wednesday Of this week,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

Miss Betty Rollins left Saturday
for Sebec Lake where she will visit
MISC. Frances Howard. From there she
will go to Guilford where her brother
Ralph Rollins, Jr., is passing the sum-
meE
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
LOCAL NOTICE

Dance at Gray's hall, Coopers.
Mis- every Monday night under
REIMBURSEMENT; Tozier's orches-
tra.;e,~
june27-29sat mon #
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

Me. and Mrs. Alphonse King are re-
ceiving congratulations on the birth of
an sight-pound girl. Mrs. King was
forn4erly Miss Lucille Glidden.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

The supper held Saturday night at
6, + r. hall by the members of the
apron committee of the Methodist
chunch was largely attended and most
SUCCESSFUL.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
Alexander Hamilton

Alexander Hamilton died Satur.
day in this city at the age of 81
years. The remains were taken
Sunday to his old home in Saco
where funeral services will be held
on "wednesday.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
AUGUSTA LOCALS

MEs Marion B. Dibblee Of the per-
sonnet department of the Lewis A.
Crosbett Co. is passing the week Of
Julyl4 in Canada
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29
TIME TABLE
TRIANGLE
BUSLINE

The Scenic 1oats Of Maine
"a EFFECTIVE JUNE 70, 1925
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

Mrs. Jessie Gilbert of Riverside was
visitors Saturday in. this city.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-29

3. 3. PIERCE, Manager.
june29d2t
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1925-11-11

sin senatorial campaign. He occupies
the elder La Follette's old quarters
in the Senate office building. The
general impression is that here's a
case Of Il great mans son who prom
.ses to make very good indeed
Indications arc that official society
will be considerably livelier during
the coming season than last year.
Pre- Sident and Mrs. Coolidge were
then under the first shadow Of the
bereavement of their sons death and
did only strictly official cnte rtaining.
It's understood they will be more fire.
qucnt!y seen socially hence forward
Another thing. the members of Con-
gress have had Il % per cent increase
in pay and may feel financially frcer
than they did to give themselves and
their friends a good time.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1925-11-11

While single admissions TO the
show will be so cents, it is likely that
the five admission ticket, which will
be sold for 81, will be the most popu-
lar seller. This ticket will admit five
persons at one time or one person
five times, and therefore provides
unusually cheap admission
The suggestion has been made that
local business men purchase quaint
ties OF these tickets and send them
out to their farmer-customers and
friends, urging them to come to the
state corn show and bring their fam
lies, as there will be entertainment
for all.
Entertainment Feature
A feature Of the weeks entertain
ment will be Il banquet at the Nc
kenzie hotel at 1915 p. M, Wednes-
day, November Is, given by the XII
wants club. At this banquet the
members of the Rotary and Lions
clubs OF the city, members of all
such clubs in Mandan, and every .ex-
hibltor at the corn show will be
guests. Invitations are now being
mailed out, carrying the following
unique wording:
I've, the Bismarck silagc raised
kiwanians, cordially greet and inv.ke
you to the browning of King Corn at
fifteen minutes past twelve O'Clock
on Wednesday, November Is, among
the corn shocks at the Hotel Mcken-
zic.
LAS service clubs we build for a
greater North Dakota with hogs and
hominy our battle cry. This midday
gathering during the most import
ant show on earth commentaries an
other milestone in the rapid progress
of Il balanced farming program look
ing toward a bigger and better North
Dakota.
"This festivity is dedicated to the
builders Of our future Common
wealth. Our songs will be of the
prosperity that is to come. Our
words to the rising generation with
Corn emblazoned across the frma-
ment in glittering letters of the Col
den Grain which spell Success"
Tribune Want Ads Bring Results
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1925-11-11
FUNDS OF n. D.
BANK MAY BE
KEPT IN STATE
Governor S0rlie Will Outline
Plan Before Bankers Com.
mittee at Fargo

Plans for depositing the surplus
funds Of the Bank North Dakota in
state and national banks through GU
the state will be outlined by Cover
nor A. G. Sorlie in an address to the
agricultural committee Of the state
bankers association at Fargo tomor-
row. the executive said here today.
At a conference late rday the
state industrial commission, which
has charge Of the Bank Of North Da-
kota, gave tentative approval to a
plan to make the state bank Of great
err usefulness in the state banking
system.
The chief reason for the decision
was the fact that the state bank now
has reserve of approximately 49,
100000. much of which is on deposit
in banks outside the state.
This money should be kept at
home" Gov. Sorlie, who is also a
member Of the industrial commi 81 on,
said. 1T should be put to work in de-
veloping the state and this can be st
be done by parceling it out to state
banks"
Smaller Banks to Benefit
Although the details Of the condi-
tons on which the money will be de-
posted in banks by the Bank of
North Dakota have not been definite
~ determined. the plan generally IA
vored is to have the state bank de-
post the money with the smaller
banks. taking in return an interest
bearing credit deposit slip returnable
in six or twelve months.
Ample security would be required
from the smaller banks to make sure
that the state would not lose the
money so deposited. One require
ment would be that the banks keep
on deposit with the Bank Of North
Dakota collateral security to the
amount Of one and one-half times
the total deposit by the Bank of
North Dakota. Surety bonds also
probably will be required to prevent
the possible recurrence Of the condi-
ton which resulted several years ago
when numerous banks failed and the
Bank Of North Dakota lost some of
the money it had on deposit with the
closed banks.
Must Meet Certain Conditions
The amount to be deposited in each
bank would be determined by the cap
ital stock, the state refusing to de-
post in any bank an amount greater
than such capital stock.
In addition the banks would be re-
Quired to meet certain conditions to
be laid down by the Bank of North
Dakota before the state money is de-
posted with it.
The Bank of North Dakota would
benefit by the plan, members of the
industrial commission fclt, because
of the low rate of interest which it
now is receiving on its $S,000,00O
surplus.
Only Strong Banks Used
Although the state bank was orig
inally operated on the basis Of max
ing deposits in small banks, the UNI
favorable experience of several years
ago caused the bank management to
curtail its operations in the field.
One of the troubles, c. A. Green,
manager Of the bank, told the indus
trial commission, was that the state