Article Text
BELLE PLAINE WON THE VALLEY STATE BANK CLOSES. Closes the Season With a Victory Over Wellington Yannigans by a Soore of Owing to Peculations of the Cashier, 25 to 0 C. B. Lambe, the Bank was Placed in the Hands of the State. Belle Plaine Rural High School team closed its 1925 season with a slashing victory over Wellington Yannigans by a one sided victory thus ending in a blaze of glory. Each player comes in for his share of the praise for the line held, the ends worked well and the boys were up and a rarin'. Les Nye was handicapped by a lame shoulder but came in for his share of gains. Paul Nye played the first half and Mike Troutman played the last half. Next year those two will be heard from. So will Henry Cronkite who has made wonderful progress. Emory Moore should be tower next year. This is his first year in uniform but he is a comer. Walker and Art Cheek played the ends as they should be played and it will go down into history how Willian caught a 30 yard pass from Emerson Cain. A minute later Coburn Flinn made a pass across the line to Carl Burgess for a touchdown. Carl Burgess at right tackle proved to be a tower and a lot of praise is due him. Reliable Earl Peddecord at center played his last game as he graduates this year and he made good his fine record. It is also Emerson Cain's last year as he also graduates. He certainly made good with a vengeance. He made good line plunges but his running and passing will stand out for some time. The first call for a line smash was good for twelve yards the first down. The first touchdown was made when Emerson returned a punt from the fifty two yard line. Flinn failed to kick goal. The second touchdown was made as recorded. Flinn failed to kick goal. Score 12 to 0. The half sed that way. The third touchdown was made when Emerson made an end run from the fifty yard line for a touchdown Flinn again failed to kick goal. Score 18 to 0. The fourth touchdown was made when Emerson pulled a spectacular run in the third quarter. The ball was in Belle Plaine's hand on the fifteen yard line Peddecord threw the ball over Emerson's head but he recovered it on the 6 yard line. A player fumbled the ball and before anyone realized what had taken place Emerson had the ball and came out of the heap like a rabbit out of a brush started the chase but gave it up and after a run of 991/2 yards made a touchdown. This record has never been equalled on this field and we wonder if ever anywhere else. This time Cobe was right, the line held. and he kicked goal. Score 25 to 0. The last quarter was scoreless but the whistle blew with the home beys on the way to another score. Belle Plaine was penalized 45 yards; Wellington 5. Score: 1234T Belle Plaine Wellington 00000 Referee, LeForce. Head linesman, Belle Plaine has made an enviable record this season. Lost to Mulvane twice, Conway Springs once and Cald well once. Won from Oxford by forfeit, two from the town team, one from Clearwater tied Milton and South Haven. Won from Wellington. Total: won five, lost four and tied two. When it was announced Saturday morning the Valley State Bank would not open the matter was thought of lightly and most people refused to believe it. Backed by the best people to be found anywhere with a strong set of officials, enjoying a good business and considered one of the strongest banks in the west, it was impossible to believe anything had gone wrong. But when C. B. Lambe, cashier, went to Wellington and in formed Mr. Burks, director and large stockholder, of the condition of af fairs, Mr. Burks immediately wired for the state bank commissioner and closed the bank by orders of the Directors. Wild rumors quickly spread. Mr: Lambe had been dealing, in company with others, in some land and oil speculation and in order to make certain payments money was taken from the bank and notes signed by Mr. Lambe and the others placed there instead. These men promised to pay the shortage on Thursday but did not do SO. It was then Mr. Lambe decided to inform Mr. Burke of the state ok affairs. At once investigations began. Roy L. Bone and Mr. Wilson, state bank commissioner. and deputy, arrived from Topeka and almost all night Saturday night and all day Sunday and Sunday night until away into morning the books were gone over. It was not known just how much the shortage was. Ru mors of $50,000 and even $84,000 were rife but these may be exaggerated tho this office is not informed as to what the exact amount really is. It was thought an assessment of the stock holders together with the undivided profits would clarify matters and the bank could resume operations. How ever it seems that at another meeting Monday night more developments made the matter of the bank as the Valley State Bank resuming opera tions impossible. While a hundred percent assessment would pay all the shortage and more the possibility of litigation over notes and the expense of liquidation makes it not advisable the dark as anyone. There is little more to say at this writing. The directors are making of a receiver and petition is a being circulated to start a new bank, the name to be decided upon later The list of men who have signed for the new bank are among the best in the community. This is certain-none of the depositors will lose a cent but it may be a little while before it is available. Keep cool and we feel sure it will all come out all right tho the stockholders will be the ones who suffer the loss. Wednesday night-unofficial. Bank will open Friday under the same name. Everyone hopes it will. There will be no run on the bank. The people have not lost confidence in the men behind the institution. Don't rock the boat.