First National Bank (Freeland, PA)

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of the Freeland Merchants' Association, all students who desire to compete for prizes should lose no time in submitting their compositions. Entries must be in the hands of N. Gladstein, Centre and Main streets, or William D. Morgan, 168 Ingham street, by Saturday. Essays are to be written on the subject "Why Buy In Freeland," and the contest open to all students of Freeland High School, St. Ann's High School, Mining and Mechanical Institute and Foster Township High School. Fourteen cash prizes totalling $20 are offered, the first prize $5, second prize $3 and 12 prizes of $1 each, In order to assist students in writing their essays the following advantages of buying in Freeland are given: (1) Buying at home promotes local prosperity and benefits the town and community. (2) Local stores have large and complete selections. (3) Prices are lower. (4) Courteous salespeople serve you. (5) Merchants are friends and neighbors who want to serve you and give satisfaction, These are only a few of the many advantages the shopper who buys in Freeland and patronizes home stores finds. In writing essays these may be used and other points which the writer will find that buying in Freeland affords. Local merchants will gladly give any assistance possible to students who wish to visit stores to gather material for the essays. Local school authorities are requested to call attention of their students to the contest and it is possible to make the writing of these essays part of the course in English composition.

Delivered Talks. Mrs. James Gilbert, of West Hazleton, one of the region's most enthused workers among the ranks of Girl Scouts, was the guest speaker in Freeland on Friday evening of last week, where she had the pleasure of delivering a talk to the members of the Girl Scout unit at the St. Luke's Lutheran church. Following this meeting, Mrs. Gilbert reported to the municipal building, where she performed in similar manner to another of Freeland Girl Scout units.

Fishing licenses while you wait at Squire Buckley's. 14-2t

Rotary Meeting Tonight. The members of the Rotary Club, will assemble tonight in the basement of the Park M. E. Church on Main street, in their regular weekly meeting.

Fire Company To Hold Dance. The Fourth Ward Fire Co is ar-

FREELAND CLASSIFIEDS

FOR SALE-Large building on Centre street, two storerooms and double dwelling, with large heated garage in rear; all conveniances; property suitable for any kind of business; cash buyer gets rare bargain. Apply to Squire Buckley. 16-2t-eod ranging to conduct a dance at the Freeland auditorium on Saturday April 28th. Frankie Carr and his or chestra will furnish the dance music.

New Arrivals. A son was born to Mr. and Mrs. Albert Roberts at their home in Drifton. A daughter was born to Mr. and Mrs. John Machella, at their home at the corner of Centre and Carbon streets on Sunday.

Held Special Meeting. The members of the Freeland School Board, with all directors in attendance, assembled at their quarters in the high school building on

Dewey street, over the week end, for special business session. Matters pertaining to finances were given consideration during the course of their deliberation, during which time the proper officers of the board in Freeland were authorized to revive their former accounts at the First National Bank in Freeland, that had been dormant during the course of the bank suspension period. The local banking institution has been one of the depositories for the Freeland school district for the past many years.

Attended Relief Conference Burgess Thomas J. Lewis, returned from Wilkes-Barre, where he at-

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February 1, 1934, and new bank, known as the First National Bank in Freeland, organized. With the organization of the new bank, Mr. Van Dyke was appointed as receivto liquidate the affairs of the old organization. The statement issued is as follows:

Assets.

Assets at date of suspension (book Additional assets acquired since suspension (Book value) 11,660.75 Stock assessment (100 per cent) 150,000.00

Cash collected from assets $1,310,115.68 Cash collected from stock assessment 3,200.00

Liabilities. Secured liabilities at date of suspension 66,583.42 Unsecured liabilities at date of suspension 2,034,693.65 Additional liabilities esblished 13,713.53 Total liabilities $2,114,990.60 Secured and preferred liabilities paid cash 67,428.20 Unsecured liabilities offset 80,587.33 Unsecured liabilities for which Receiver's certificates have been issued 1,871,690.07 Unsecured liabilities not paid or proved 95,285.00

Total liabilities accounted for $2,114,990.60 Collections and Disbursements. Cash collected from assets and stock assessment. $1,313,315.68 Cash from interest, premiums and rents 46,912.80 Cash collected by Receiver and held as Trustee for owners 344.22

Total collections to be accounted for $1,360,572.70 Disbursements: Secured and preferred liabilities paid 67,428.20 Advances in protection of assets (taxes etc.) 193.55 Expenses of Receiv- ership: Expenses and advances by conservator $15,294.76 Receivership 5,927.52

Dividends paid to unsecured creditors (60 per cent) Cash in hands of receiver and comptroller

Total collections accounted for $1,360,572.70

M. M. I. Plays McAdoo Freeland Mining Mechanical Institute will meet McAdoo High School afternoon at St. Michael's Park, McAdoo, and the region looks for some grid thrills from this encounter. Coach Tony Dougherty of the Miners, well pleased with the defense thrown against Nesquehoning last week, hopes for good weather tomorrow as his scoring power lies mostly in passing and trick plays.