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OF DOUGLAS CLOSED Stockholders Close Institution at Douglas on Monday. Bank of Douglas, Douglas, Neb., Otoe county, was closed by its stockholders Tuesday for liquidation, George Woods, state bank commissioner, announced Wednesday. The deposits were approximately $100,000. the capital stock $20,000, the surplus $10,000. H. state bank examiner in charge.
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STATE BANK AT DOUGLAS CLOSED The Bank of Douglas the Otoe that name closed by Tuesday and now in state banking bureau, Examiner Larson charge. Probably no effort made to reorganize the town and the amount of them. the December the Bank Douglas deposits. the amount been somewhat duced period. capital was William Marshall was president and Dean Marshall, cashier.
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DOUGLAS CLOSED Stockholders Close Institution at Douglas on The Bank of Douglas, Douglas, Neb., Otoe was closed its stockholders Tuesday for liquidation, George Woods, state bank commissioner, announced Wednesday. The deposits were approximately the capital stock the surplus $10,000. Larson state bank examiner charge.
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KILLS WIFE AS SHE CARES FOR BABIES Chicago, Feb. 19 Delatowski, 35, shot and killed his wife, Mary, as she wheeled their two babies in front of their home today. He then turned his weapon upon himself and inflcted probably fatai wound. DOUGLAS BANK CLOSES. Lincoln, Feb. 19. rying deposits little in excess the Bank of Douglas, state chartered institution, closed yesterday by voluntary action its board directors. William Marshall was president, and Dean Marshall, cashier. Capital stock listed at $20,Examiner H. Larson in charge for the state.
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BANK LIQUIDATE Marshall Institution Voluntarily Goes to Banking Department Bank of Douglas, established in the southwestern Otoe county town more than 40 years ago by Charles Marshall, one-time state senator and candidate congress, was voluntarily closed late Tuesday by "Frozen assets" was the cause ascribed by Department of Trade Commerce officials who were notified that the bank would be closed for liquidation. R. H. Larson, an examiner of the department, sent to Douglas early Wednesday to take charge of the institution and to help the officials of the bank straighten out its affairs preparatory to making an official audit statement. Last statement of the bank, according to Trade & Commerce officials, showed capital stock of $20,000; surplus, $10,000; deposits proximately $100,000. William Marshall, brother of the founder, is president of the institution. Dr. H. Hostetter, Douglas physician, Dean Marshall, son of the president, cashier. Stock ownership of the institution. according to the tax records of Otoe county, follows: Wm. Marshall, 10 shares; H. Hostetter, shares; Casselman, shares, Estate Larson, Syracuse, 16 shares: Marshall, 10 shares; Dean Marshall, 145 shares. There was no run on the institution, officials say, and the decision to ask for the aid in liquidation came after stockholders had decided that such action was wise. "The action of the stockholders taken in the interest of the positors," said Dean Marshall, cashier, of the institution to The Mr. Marshall declined to make further statement for the present. County is Protected. Although Otoe county has approximately $19,000 on deposit with (Turn to Page Col., Please.)
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Douglas Bank Closes Doors For Liquidation Many readers of this paper, whether interested in a financial sense or not, will learn with regret of the closing of the Bank of Douglas, an institution in operation more than forty years. "Frozen Assets" is the reason given by the Department of Trade and Commerce officials, when notified that the bank would be closed for liquidation. The bank was established by Chas. Marshall, at one time state senator and for many years member of a prominent business firm of Weeping Water. William Marshall, brother of the founder, is president of the institution, Dr. A. H. Hostetter, vice president, and Dean Marshall, son of the president, is cashier. There was no run on the bank, it is asserted, and the decision to ask for the department's aid in liquidation came after the stockholders had decided that such action was wise. According to the cashier, "the action was taken in the interest of the depositors. Let us hope there will be no great loss to anyone interested. Douglas has been one of the very few small towns where two banks have been maintained, hence the town is not left without banking facilities, and in time. let us hope, such adjustment will be made as to work no hardship on either the town or the bank's stockholders.
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Ed Gerard of Ohiowa transacted in Geneva Monday. Val Curtiss returned to Lincoln visiting home few days. Daniel Roth of Shickley route The Signal with call while favored Geneva Monday. Norman Wright of Ohiowa route business caller at The Signal. office last Thursday. Rev. Boll, pastor of St. Stephchurch Exeter, attending business in Geneva yesterday: We have complete line of single double hog houses. Ready pen immediate Koehler 21-tf. Some friends gave surprise Tuesday evening home and Mrs. Orval Dierberger, who soon Donisthorpe and Attorney Hill not twins or anything like that, but both are their today Shaw last Wednesfrom Worth, Tex., where been for several weeks. return Texas little later. pects At North Platte last week admitted stealing several young men batches chickens from farmers and were sent on their way to the penitentiary Mr. and Mrs. Ed Baloun and son Eddie and Mrs. Herman Woltje of Ohiowa were Sunday ternoon visitors the home Mr. and Mrs. Orval Mrs. Mary Case was taken Friday and has since been confined She years home of wife. Samuel McKelvie, wheat ber of the farm board, deliver at the city auditorium in Friday, March Everybody invited Rev Brereton, former pastor the Congregational church, died his home at Emmetsburg, Ia., February 1930, aged years. Further reference will be made. The offices courthouse did close on birthday on account of being Saturday bank also open. The rural and mail carriers did not make their usual trips and the post office closed day Mr. and Mrs. Herman dinner sister her husband, Mr and Orval Homer Hintz Ohiowa was also dinner guest Wednesday the home of Mr and Mrs. Orval Dierberger Bert Wallace and sons and and Mrs. Ralph Kearney spent Sunday the home Mrs. Lancaster's parents, Mr. and Other guests were Mr. and Mrs. Grant Bail and and Mrs. Edgar Miller Mr. and Mrs. Simmon of Geneva and Mr. and Mrs. Simmon daughter, Mrs. May KeenGrinnell, drove Wichita, Saturday Mr. and Mrs. Simmon. They MonThe men are Sarah visited the GeneStar chapter the held school of At covered dish dinner the dining the hall Afterwards the put The Bank Douglas, small closed last week by stockholders, who prefer to out rather than continue run the bank without much hope of Apparently the unsteady banks have nearly toppled over. rare thing now for Nebraska bank fail. daughter and husband, Mr. and Mrs. Albert McCartney and Francis attended Tatro public Thursday afternoon. Hazel and Frances Dittmer spent Sunday February 16, with Alice Anna Sluka. Will Dittmer and sons Raymond and Lawrence called on Ernest SutTuesday afternoon. and Mrs. Henry Dittmer Ohiowa spent Sunday with Mr. and Mrs. Will Dittmer and family. Clarence McCartney Francis attended basketball game Geneva Monday evening. Mr Mrs. Claud Ogg childPaul Betty called Mr. Mrs. Will Dittmer and family Mrs. Harold Lymes Lincoln Misses Irene Ruth Shelburn Alma spent Sunday evening and Mrs. Fred Fox. Mr. and Mrs. Henry Dittmer Ohiowa called and Mrs. Dittmer and daughter Delores York Wednesday Mrs. Ed Nelson visited at the home Mr. and Mrs. Albert Beams from Thursday till Sunday. companied home by Mr. and Mrs. Oscar Nelson Sunday. Norris Has Unusual Bones. photographs of Harold Norris, Strang, Neb., disclosed no duplicate bones did an condition bone growth, said medical school Believing the possessor of duplicate bones, Norris came for Friday. Bone material has grown in normal locations, aside from this Norris perfectly normal, Dr. James Martin Norris never felt any ill effects from abnormal condition, said. indulged athletics while school and heavy work does not him. One-third of Nebraska's farm income from hogs. from hogs $1,000 for ery farm the state. Local Markets. every Thursday fror reports of local buyers.) Grain. Wheat Corn Oats Poultry. Hens Leghorn hens. Springs Leghorn springs Old roosters Ducks Geese Produce. Cream .29 Country butter Creamery butter Cash eggs Trade eggs Sugar Flour to Potatoes, per bushel Live Stock. Hogs to $10.00
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Douglas Bank Receiver Asked C. A. Sorensen, attorney general, has filed a petition in the office of the clerk of the district court asking that a receiver be appointed for the Bank of Douglas, Neb., which was turned over to the Department of Trade and Commerce in February. In his petition the attorney general seeks to have the bank decreed insolvent and unauthorised to further continue as a bank unless so ordered by the court. He asks that the secretary of the department of trade and commerce, Clarence G. Bliss; be appointed receiver, and directed to wind up the affairs.
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ASKS BANK RECEIVER. NEBRASKA Sorattorney general, filed petition the office the clerk the district court asking that receiver appointed the Bank Douglas, which was turned the department trade and February attorney general seeks bank decreed insolvent and unauthorized to further continue bank unless ordered the court
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COURT HOUSE NEWS County Court. Maggie Oldenburg, estate: Inventory, fiinal report and petition for final settlement filed by William Oldenburg, and hearing set for William Gebert estate: Will and petition for its probate filed, and hearing set for May 22, at 10 Re-Roland Gardner: Hearing had on complaint charging the minor with being delinquent, and by the court taken under advisement State Bert Martin: The defendant plead quilty to complaint charging with intoxication, second offense, and he was sentenced to serve 30 days in the county jail and to pay the costs of prosecution, taxat Montgomery Ward & Company vs. Mrs. Walter Ripley By agreement of parties the hearing on replevin proceeding is continued to May 27th, at State vs. George W. Hall: The defendant plead guilty to complaint charging him with assault and battery upon Della Hershey, and sentenced to serve 30 days in the county jail and to pay the costs of prosecution, taxed at $7.90 Marriage license issued to Henry Knake, son of John Knake, and Mary Ann Berner, daughter of Fred Berner, residents of Avoca, Nebr The young people will be married May Rev. Geo Bergstraesser, at North Branch Lutheran church. Frank Besch estate: Discharge of Clara L. Besch, administratrix, enFrank M. Cook estate: Answer of guardian ad litem filed. District court. Bert Ryder VS. Northey Mf'g. Co. Judgement on demurrer entered. John VS. Heber E. Malone. Account: Cause dismissed John McCarthy, adm., Edward D. Bartling, et al. Foreclosure: Defendant Bartling given 14 days to plead. Nebraska City Building and Loan Ass'n. vs. Charles Lowe, et al. Forclosure; Defaults entered against defendants. Hearing to court Finding for plaintiff and decree of foreclosure entered as prayed. In the matter of the guardianship of Frederick Herman Behling. Sell realty. Sale confirmed. Nebraska City Building and Loan Ass'n. George W. Hall. Foreclosure: Cause dismissed as to plaintiff. Luella Cook VS. Ralph A. Duff, et al. Foreclosure: Trial had to court. cause and taken under advisement. D. West, adm., vs. Roy Ferguson. Foreclosure: Cause dismissed at plaintiff's cost. Velma Hall VS. Emmett Hall. vorce: On motion of plaintiff cause is dismissed. Ira Burke vs. Henry Darby, Annulment: On motion of plaintiff cause dismissed. Lena Pratt. et al, Mary Mozell, et al. Partition: Sale confirmed. Real Estate Transfers. Lyman McCormick and wife to William Gellerman for $4,500, the southwest quarter of the northeast quarter of 7-8-11. Repairing Fourth Corso Bridge. County bridge men are engaged in repairing the bridge on Fourth corso east of Third street. Several new pilings were driven to strengthen the structure When this is completed the crew will move to North First street to erect steel bridge over North Table creek near the ice plant. Purchase Tree Saw. The board of county commissioners has purchased new model tree trimming saw which will be used by the road men. The saw has an extension handle and can be manipulated easily Treasurer Remits to State. County Treasurer Charles Kelly Tuesday remitted to the state treasurer $40,877.91. representing the state's share of the taxes collected in Otoe county during the month of April. This money will be divided into various funds as follows: General, capitol, $3,787.90; highway supervision, $46.33, and highway maintenance, Bank Receiver Files Report. Clarence E. Bliss, receiver of the Bank of Douglas, has filed in the district court detailed report of cash receipts and disbursements and disposition assets and liabilities covering the receivership of the bank from August 11, 1930, to April 23, 1931. Granted Notary Commission. Bernard M. Spencer of Nebraska City has been granted a notarial commission. Commissioners in Session. The board of county commissionconvened Tuesday morning in regualr session and the entire day was devoted to allowing of claims. Iowa Prisoners Escape. Sheriff Carl Ryder received morning from the message Tuesday sheriff at Corning, Ia., stating two prisoners had escaped from the jail night, stealing car there Monday The making their get-away and asked to sheriff was Otoe county lookout for the fugitives. keep Justice of Peace Names Arthur Ransford of Palmyra was appointed justice of the peace of Palmyra precinct Tuesday to fill the vacancy caused by the refusal of Walter Taylor, elected last fall, to qualify. Finishes Assessment Work. John McCarthy, assessor in Wyoming precinct, completed his work Tuesday and filed his final schedule with the county clerk. McCarthy the fourth assessor to complete his work this spring. Districe Court Filing. The Equitable Life Assurance Society of the United States has filed its petition in the district court against Emil Mitzner, et al, asking for an accounting on promissory note and mortgage deed for $14,000 which became due February 1931.