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Banks Assign. Council Bluffs, Ia., March 12.-The Farmers' bank, of Garden Grove, Ia., and the bank of Coin, Ia., made assignments Friday. The Garden Grove institution assigned to its creditors. It has a capital of $60,000, with liabilities unknown and supposed to be vastly larger than the assets. The Coin bank has assets of $30,000 and it is alleged the assets are sufficient to pay depositors.
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Banks Assign. Council Bluffs, Ia., March 12.-The Farmers' bank, of Garden Grove, Ia., and the bank of Coin, Ia., made assignments Friday. The Garden Grove institution assigned to its creditors. It has a capital of $60,000, with liabilities unknown and supposed to be vastly larger than the assets. The Coin bank has assets of $30,000 and it is alleged the assets are sufficient to pay depositors.
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Banks Assign. Council Bluffs, Ia., March 12.-The Farmers' bank, of Garden Grove, Ia., and the bank of Coin, Ia., made assignments Friday. The Garden Grove institution assigned to its creditors. It has a capital of $60,000, with liabilities unknown and supposed to be vastly larger than the assets. The Coin bank has assets of $30,000 and it is alleged the assets are sufficient to pay depositors.
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Miss Mary Arnold, who is teaching at Garden Grove, stopped off in Leon Saturday morning and visited a few hours while enroute to her home at Davis City to spend Sunday with friends. Dr. B. L. Eiker, of Decatur, spent a few hours in Leon last Thursday being enroute home from a trip to Ottumwa, where he was called to see his aunt, Miss M. E. Russell, who is very ill. Homer A. Dye, of the St. Joe News and Press, came up Monday to attend the funeral of his father, the late R. E. Dye, and remained a few days to attend to some business matters in this city. Billy Mills, of Des Moines, a former well known resident of this city, came down last week to see his mother, who has been dangerously ill for several weeks and who died Sunday morning. Miss Gertrude Davis, of Promise City, stopped over night in this city last Thursday and visited at the home of W. R. Ellinwood while enroute to Cainsville on a visit to relatives in that city. Judge W. E. Miller and John S. Parrish were visiting at Davis City and Lamoni Friday, in the interest of Judge Miller's candidacy for the judgeship at the coming republican judicial convention. F. E. Thompson and wife, of Des Moines, arrived Saturday for a visit with their many friends in this city. Mr. Thompson left Monday, but Mrs. Thompson will remain for a couple of weeks. Mrs. Alice Phipps and Mrs. N. E. Phipps, of Ellston, who have been visiting with relatives in this vicinity, went to Garden Grove Saturday to visit a few days at the home of relatives and friends. Hon. Lewis Miles, of Corydon, was in Leon last Friday, in the interest of the candidacy of H. K. Evans for the nomination as judge at the coming republican judicial convention to be held at Creston next month. Mrs. H. Stormfeltz, of Mt. Ayr, and her little nephew, Luther Lyttle, visited over night at the home of Geo. A. Cowden in this city last Thursday, being on her way home from a visit with relatives at Princeton, Mo. George T. Stirling, junior editor of the Corydon Democrat, passed through Leon last Thursday, being on his way to Port Arthur, Texas, for a short visit, and will stop on his return trip to visit relatives at Sulphur Springs, Indian Territory. Mrs. L. A. Zerbe and little daughter left Thursday for Bethany, Mo., where they have decided to locate and will make their home. During their residence in this city they made many friends who are sorry to see them leave. C. M. Ketcham accompanied J. B. Lunbeck to Kansas City Sunday, where he was met by relatives who came from Emporia, Kas., to meet him. Mr. Lunbeck will make an extended visit at Emporia with his daughter, Mrs. Lucy Corbett. Mrs. W. W. Daniels left Monday for her future home in Des Moines, where her husband has decided to locate. The Daniels family have been living on a farm northeast of Leon, and while residing in this county made many friends who are sorry to see them leave. J. S. Day, a former well known resident of this county, who has resided at Indianola for several years, was in Leon Monday, being on his way to Long Beach, California, where he will make an extended visit and may decide to permanently locate on the coast. S. H. Amos, of Garden Grove, was a Leon visitor last Thursday, coming down to file the assignment papers of the Farmers Bank, of Garden Grove, which closed its doors Thursday morning, Mr. Amos having been named as receiver for the bank by the owner, J. R. White. A. O. Hoagland, of Chariton, one of the contractors who built the new High School building in this city, had business in this city Tuesday. Mr. Hoagland was last week awarded the contract to build the new $20,000 county farm house to be built this spring by Lucas county. Mrs. James W. Hurst returned Tuesday afternoon from a month's trip in the south in company with Miss Margaret Hurst, who stopped at Kansas City on the return trip, visiting Memphis, New Orleans and other southern cities, and also spent some time at Magnolia Springs, Alabama. H. M. Kern and family departed Tuesday for Chillicothe, Mo., where they expect to make their future home. Since coming to this city a few years ago total strangers, they have won a large circle of friends who are loath to see them leave this city. They are most excellent citizens in any community. This Will Interest Mothers. Mother Gray's Sweet Powders for children, cure feverishness, bad stomach, teething disorders, break up colds, move and regulate the bowels and destroy worms. They never fail. Over 30,000 testimonials. S At all druggists 25c. Sample mailed free. Address 30-4t Allen S. Olmstead, Le Roy, N. Y. Dublic
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Two lowa Banks Fail. Council Bluffs, Ia., March 12.-The Farmers' bank of Garden Grove, la., and the Bank of Coin, Ia., made assignments. The Garden Grove institution assigned to its creditors. It has a capital of $60,000, with liabilities unknown, and supposed to be vastly larger than the assets. The Coin bank has assets of $30,000 and it is alleged the assets are sufficient to pay depositors.
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Two Banks Make Assignments. The Farmers bank of Garden Grove, Ia., and the Bank of Coin, Ia., made assignments Friday. The Garden Grove institution assigned to its creditors. It has a capital of $60,000, with liabilities unknown and supposed to be vastly larger than the assets. The Coin bank has also assets of $30,000, and it is alleged the assets are sufficient to pay depositors.
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Banks Assign. Council Bluffs, Ia., March 12.-The Farmers' bank, of Garden Grove, Ia., and the bank of Coin, Ia., made assignments Friday. The Garden Grove institution assigned to its creditors. It has a capital of $60,000, with liabilities unknown and supposed to be vastly larger than the assets. The Coin bank has assets of $30,000 and it is alleged the assets are sufficient to pay depositors.
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LATER. The senate on the 12th considered the fortification appropriation bill and passed a bill having for its purpose the prevention of the descration of the American flag by its use for advertising purposes. In the house Speaker Cannon appointed a select committee to conduct the investigation of the Bristow postal report. Frank Hancock, aged 106 years, died at Sparta, Wis. Death on the gallows is the fate decided on for Harvey Van Dine, Peter Neidermeier and Gustav Marx, the Chicago car barn slayers, whose escapades were attended by many murders. In a fit of jealousy Bert Washington, a negro at Donora, Pa., shot and killed his wife and then killed himself. Judge Hiles, of Salt Lake, testified in the Smoot hearing in Washington that polygamy had been more than usually flagrant in Utah since 1890. Fernando Walters and his three children were burned to death in their home near Garfleld, Ark. An unknown negro was taken from the jail at Mojave, Cal., by a mob and tarred and feathered and then shot to death for criminal assault. The Colombian government has issued a decree reducing the standing army to 5,000 men and declaring peace again in the republic except Panama. Holy Rosary academy, maintained by the Dominican sisters in Essexville, Mich., was burned. the loss being $25,000, and several inmates were badly injured. A heavy snew storm occurred in Kansas, Missouri, Iowa and central Illinois. Fearing that a writ might be served on her, Mme. Patti locked herself in her stateroom on the Lucania, on which she sailed from New York for home. The Japanese war loan has been subscribed 4½ times. The large grain elevator owned by the Beardstown Lumber & Grain company at Arenzville, III., with 26,000 bushels of corn. was burned. Prominent Iowa democrats met in Des Moines and launched a boom for Gen. Nelson A. Miles for the democratic nomination for president. Mrs. Adam Carte died at Deckerville, Mich., aged 117 years. Reports say that the Russians have evacuated Port Arthur. leaving the city in flames. As a result of the recent bombardment by the Japanese, 38 Russian soldiers were killed and more than 100 wounded. Vice Admiral Togo's official report of the attack claims victory for his ships. The nomination of Gen. Leonard Wood to be major general occupied most of the time of the senate on the 11th. In the house Speaker Cannon was named for president by William Alden Smith (Mich.) after an excited debate over the Bristow postal report involving congressmen. A resolution was adopted ordering an investigation of postal affairs so far as members of the house are concerned by a select committee of seven members to be appointed by the speaker. Trade reviews report improved business conditions as a result of better weather, all lines being more active. The great tunnel for passenger traffic between New York and Jersey City has been completed after thirty years' work. Mme. Patti is well satisfied with her American tour, which netted her $210,000. Rear Admiral Walker says that he expects work will be commenced on the Panama canal within two or three months. The wife of David Swope, a laborer, gave birth to five boys at her home near Pittsburg, Pa. A committte has begun inquiry into the charge that United States Senator Dietrich, of Nebraska, sold a post. office appointment for $2,500. The postal receipts at the fifty largest post offices in the country for February show an increase of 9.79 per cent. over February, 1903. There were 259 business failures in the United States during the seven days ended on the 11th, against 239 the same week in 1903. Nine of the 18 militia companies have been withdrawn from Springfield, O., and renewal of outbreaks by the lawless elements was feared. In a five hour naval battle at Port Arthur the Russians and Japs each lost a torpedo boat, and the Russians admit losses of four killed and 30 wounded. The Farmers' bank of Garden Grove, Ia., with a capital of $60,000, and the bank of Coin, Ia.. having assets of $30,000, have assigned. John W. White, head attorney for
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S. H. Amos, receiver of the defunct Farmers Bank of Garden Grove, has announced that he expects to pay the first dividend to the depositors about Dec. 1st. It will be a 20 per cent dividend.
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FOR RENT -8 room house and block of ground. Good barn and well. See Joe L. Warner. 12-tf Did you ever try Long & Warner's news depot for fine candies and station13-tf ery. W. L. Douglas' best shoe on earth for the money. For sale by Owen & Langdon, Leon, Iowa. The union Thanksgiving sermon will be preached this year by Dr. A. M. Pilcher at the M. E. church. Don't miss "A Pictorial Story of Hiawatha" at Van Werden's opera house, Wednesday evening, Nov. 23. Poor people ought to buy their shoes at Owen & Langdon's next week. Northwest corner of the square, Leon, Iowa. With each $5.00 order of pictures I will give free a big $1.00 picture. Call and see them. 12-tf Garber's North Side Studio. Sentiment, villainy, and sparkling humor make "Over Niagara Falls" attractive, and it more than fulfills its mission as a pleasing theatrical entertainment. ESTRAY-Small pig has been taken up which the owner can obtain by calling at THE REPORTER office and paying for this notice. S. H. Amos, receiver of the defunct Farmers Bank of Garden Grove, has announced that he expects to pay the first dividend to the depositors about Dec. 1st. It will be a 20 per cent dividend. Rev. Harper and wife, of Jamison, Mo., visited over Sunday in this city. Rev. Harper occupied the pulpit at the Baptist church Sunday morning and evening, and preached two excellent sermons. The Chariton High School foot ball team came down last Saturday and played a game with the Leon team at Warner's Park, the score being 12 to 6 in favor of Leon. The teams were very evenly. matched and it was a hard fought game which was greatly enjoyed by the spectators. The professional card of Dr. M. Camp, the new physician at Decatur who takes Dr. B. L. Eiker's practice appears in this issue of THE REPORTER. Dr. Camp was for many years located at Kellerton where he enjoyed a successful practice and comes to Decatur City highly recommended as a physician and gentleman. Dr. A. M. Pilcher, pastor of the Leon M. E. church will spend Sunday in Osceola, occupying Rev. Shipman's pulpit in that city. There will be services at the Leon M. E. church both morning and evening, when our citizens will have an opportunity to hear Mrs. Pilcher preach, and it is said that she is a splendid preacher. W. H. Fulton while assisting in taking a pump from the well at his home south of Leon last Friday, had his right hand badly cut and bruised, the rope breaking and the pump caught his hand as it went down. Dr. Layton dressed the injury, and Uncle Wade is able to be up town, but the hand has been paining him terribly. Each year the ladies of this city look after the poor and needy of Leon and try to help them have a happy Thanksgiving. All persons who have food, clothing or other articles which they will contribute to this cause are requested to get them together and send to the M. E. church and the ladies will see they are properly distributed. Elder Vanhorn, who is conducting a very successful series of meetings at the Christian church in this city, preached a special sermon for the children Sunday afternoon at three o'clock and the church was crowded to its utmost capacity. As the children left the church they were happily surprised when each one received a treat of candy and nuts as a reward for their attendance. Little Ressie Creal delightfully en-:
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account of age. He is a rich man. Mt. Ayr - Citizens' bank. Failed on account of bad management and bad loans, but not to farmers. Sigourney - Sigourney Savings bank. The cashier took $47,000 and used it in speculation on the board of trade, and when the discovery was made, shot himself. The bank paid out. Holstein - F. H. McCutcheon & Co.'s bank, Speculations on the board of trade. Corning - Corning State Savings bank. The proprietor of the bank used the funds as his own and when the discovery was made killed himself. Pella - People's Savings bank. Suspended but in settlement paid out. Coin - Bank of Coin. Broke up on account of bad loans, Banker speculated on board of trade. Garden Grove - Farmers' bank. Speculation on Chicago board of trade. Maquoketa - Exchange bank. Broken up on account of dishonesty, shiftlessness and extravagance. Pleasanton - Royal Richardson & Co.'s bank. Broken up on account of speculation. Dixon - Bank of Dixon. Broken up on account of embezzlement by the banker and his son. New Liberty - New Liberty Savings bank, Broken up by loaning money to a theatrical syndicate in Chicago and by speculation and extravagance on the port of the manager. Imogene - Citizens' bank. This bank did not fail; cashier skipped and his father put up shortage and bank flourishes. Birmingham - E. H. Skinner & Co.'s bank. Failed from bad management. Banker now under nine indictments. Olin - Bank of Olin. Broken up by speculation. Buck Grove - H. S. Green's bank. Banker skipped with the money. Dow City - H. S. Green's bank. Failed on account of speculation, and banker skipped. Waverly - German-American Loan and Trust Co. Failed, but paid out. Curlew - Bank of Curlew. Did not fail; moved to another town. Gaza - Bank of Gaza, Did not fail; sold out and moved away. Little Sioux - Little Sioux bank. Failed on account of speculation; president was a farmer and feeder and speculator; finally paid out. Tiffin - Corn Exchange bank. Did not fail; was the private bank and incorporated under the name of Tiffin Savings bank. Emerson - Farmers' bank. This bank never failed. It was consolidated with another bank under name of Emerson state bank. Sheldon - Sheldon state bank. This bank failed on account of politics and bad business methods. Ireton - Bank of Ireton. Failed because it had no capital; manager was a cranky man, and lost money in a brick plant. Ireton - F. M. McKeever's bank. There was no such bank. The bank referred to was the Bank of Ireton. Germania - State bank. This was one of the W. E. Brown banks and was loaded with northern and Canadian lands, hence its failure. Colfax - Bank of Colfax. This bank failed on account of speculations on the board of trade; the cashier suicided. Royal - Bank of Royal. This is one of the W. E. Brown banks and failed on account of speculations on the board of trade. New Providence - O. E. Miller & Sons' bank. This firm kept a store; had small capital; for various reasons lost public confidence and failed. Linn Grove - H. W. Main's bank. This was one of W. E. Brown's banks and failed on account of the speculation upon the part of Brown; Main suicided. Grinnell - National bank. Failed on account of misuse of funds by the Spencer family, extending over a period of years; Spencer and son were drowned, either by accident or intention. Storm Lake - National bank. This was W. E. Brown's bank and failed on account of Brown's speculations; Brown is under indictment. Le Mars - National bank. This bank failed about the year 1900, and the cashier was convicted of embezzlement. The bank failed for want of public confidence and on account of bucketshop speculations by cashier. In some cases it will be seen that the banks were not failures, but were incorporated with others. But in spite of the fact that the story is entirely wrong it is allowed to go out over the country and exert an influence dangerous to Iowa and her real estate interests. The fact is that loans to farmers in Iowa are sought after by country bankers and are valued by them. There is a great deal of legitimate and truthful ground upon which to fight the beef trust without damaging the reputation of the Iowa farmer. According to the magazine article, Senator L. W. Lewis of Page county is quoted as authority for the statements made by Mr. Russell. The Des Moines Capital wrote to Mr. Lewis and received the following in reply: "I am of the opinion that the Iowa bank failures are due to down-right rascality, outside speculation and over-loans.