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Moline Deaths
Funeral of Mr. Harr. Funeral services for George Harr, 71, 427 Fifty-second street, Moline, who died Wednesday, will be o'clock tomorrow afternoon in Esterdahl chapel, Moline. Rev. Clifford P. Bruner, pastor the Spencer Memorial Methodist Episcopal church, Rock Island, will officiate. Burial will be in Riverside cemetery. Moline.
Daniel W. Ford. Daniel Walter Ford, 56 years old, 1617 Eighth avenue, Moline, resident of Moline 35 years, died o'clock last night in the Moline city hospital after an illness of four years. Mr. Ford was born in Carlyle, Ill., Oct. 12, 1876. He married Clara Fulkerson of Moline Oct. 25, 1900. He was member of Moline Doric lodge of Masons. Mr. Ford worked at the old R. factory in East Moline 16 years and was employed by the Moline Plow company years. For year and half, Mr. Ford operated an oil station at Seventeenth avenue and Fifteenth street place, Moline. Three years ago he retired. Surviving are the widow; three daughters, Mrs. B. Aufderheide, Miss Dorothy Ford and Miss Clarabelle Ford, all of Moline sister, Miss Maude Ford of Moline, and two brothers, W. Ford of Davenport and G. A. Ford of Stoulton, Wis. Funeral services will be at o'clock Sunday in the Knox funeral home, Moline. Rev. Campbell Bailey of the United Presbyterian church, Moline, will officiate. Burial will be in Riverside cemetery, Moline.
August Hoglund. August years old; Moline resident 50 years. died at o'clock last night his home, 2522 Fourth avenue, Moline. He suffered stroke of apoplexy three days ago from which he failed to rally. Mr. Hoglund was born in Sweden June 1859, and came to the United States 52 years ago, moving to Moline two years later. He married Miss Betty Bengston in Moline June 21, 1889. Mr. Hoglund Lutheran by faith. He was plasterer. Surviving are the widow, two daughters, Mrs. Mabel Latham and Mrs. Alvin Bloom, both of Moline: sons, Ernest Hoglund Moline and Earl Hoglund of Chicago, and six grandchildren. Funeral services will be at o'clock Sunday afternoon in Esterdahl chapel, Moline. Rev. W. R. Hodgson, pastor of the First Congregational church, Moline, will officiate. Burial will be in Riverside cemetery. Moline. count of the institution. The waiv. er 40 per cent of deposits will offset this loss. Bank officials say that all bonds carried in the bank bond account now are paying interest. It the bonds increase in value the loss will be absorbed.
Alternative Is Liquidation. Many other banks in Illinois, confronted with same condition, are resorting to this waiver plan. Morrison has adopted it, as has Prophetstown. some cities the condition of the bank such as to make some such plan, far more drastic its provisions, the only means left to keep the bank in operation. Since every bank in the state has had huge losses because of decline in market value of its bond holdings. some bankers expect that similar plan must be resorted to in connection almost every such institution in Illinois. In case of the State bank of East Moline, officials of bank declare the only alternative to the waiver plan to liquidate the bank. Unless the depositors sign the agreement and the stockholdcontribution to the bank's capital is made, the state department will not permit the bank reopen. One of these courses must be followed, is said.
Confer With Auditor.
Rock Island bankers and committee representing the Moline State Trust & Savings bank are in Chicago today, conferring with Auditor Barrett. Ever since the bank holiday was declared officials of of the banks have been workon plans which have been held up pending completion of the auditor's examination of the banks.
