State Bank (Nashua, MT)

Article Text

State Board Holds Estate Exempt From Inheritance Levies

A certificate stating that the exemption for inheritance tax on the Margaret Wertin estate exceeds the estate was filed in the district court Tuesday afternoon by R. D. Miller, secretary of the state board of equalization. The gross value of the estate is given as $7,477 and will be distributed among four sons, two daughters and a daughter-in-law of the deceased.

hardship, especially as three other banks have closed, also. The State bank of Nashua, First National bank of Malta and Valley county bank of Hinsdale.

No blame is attached to the management by the general public. The inability to realize on outstanding loans being considered to have a large part in the closing of the bank.

Article Text

FOUR MONTANA BANKS CLOSE THEIR DOORS

HELENA Mont., Dec of national closed doors Montana last hours The State bank examiners office Nashua Malta; the Valley State bank Hinsdale, and the Nationbank. The banks total stock Arnott president of the which officials said controlled Sheldon brothers of Minneapolis

Article Text

STATE BANK CLOSES ITS

DOORS

Monday at 1:00 P. M., the State Bank of Nashua closed its doors for an indefinite period. The reason, as far as can be learned, it was closed to stop a run on the Bank. At present it is not learned whether they will reopen or not. A receiver is expected almost any day to take over the business.

GLASGOW NATIONAL BANK CLOSES ITS DOORS HINSDALE BANK CLOSES ITS DOORS

MALTA FIRST NATIONAL CLOSES ITS DOORS Sheldon Brothers have heavy interests in these banks

The Glasgow National Bank of this city voluntarily closed its doors at 11 a. m. Monday, by order of its board of directors. This bank is associated with the First National bank of Malta, the Valley County bank of Hinsdale and the State Bank of Nashua, all of which closed on account of inability to realize on their outstanding loans. The officers of the Glasgow National bank feel that a reorganization of the bank will be effected within a comaratively short time and the bank

Article Text

THE SHELDON BROTHERS

Records the Montana show that M. Sheldepartment don of Minneapolis is the pricipal of the stock in the Nashua owner State bank and the Valley County bank of Hinsdale, which closed December M. Sheldon, also recorded by the federal reserve bank of Helena as the pricipal stockholder of the First National bank at Malta and the Glasgow National bank. which closed at the same time. It has been announced that Sheldon Brothers of Minneapolis controlled these four Montana banks Advice from Sheldon Brothers is to effect that the firm has not been interested in Montana banks for years. The above taken from the Great Falls Tribune and the announcement comes surprise many if not all who were acquainted with the bank in this city which recently closed its doors. It has been noted that the annual meeting that not one ofthe brothers cam oteala Mt of he brothers came to Malta attend the meetings but both of them. Of course only one of them may be interested at this time in the banking business in Montana but most always happened that two them came here. just barepossible that they thought much of each other that they could not stand it to be separated while one was away visiting his business interests.

Article Text

First National Bank, Apparently Insolvent, Kept Open for Business by Sheldon Brothers While They Get Under Cover

Indicate That Splitup Made Several Reports a Years Ago Gave Sheldon the Money, Gave A. M. Sheldon the Debts, and Left the Depositors to Hold the Bag

According to the records of the Montana A. M. Sheldon of Sheldon brothers, Minneapolis, is the principal owner of stock in the four banks of the Sheldon-Arnot combination in the Milk river valley that collapsed Monday, December 30th. Advice from Sheldon brothers conveys the information that the firm has not been Montana for several interested years. Reports from Minneapolis, traceable directly to A. M Sheldon, are to the effect that A. M Sheldon is unable to meet his obligations in the closed Montana banks. and that F. P. Sheldon is not responsible for those obligations because several years ago, he had sold out his Montana interests to A. M. Sheldon. The logical inference of all this is that "several years ago" A. M. Sheldon and F. P. Sheldon devised a split, and that F. P. Sheldon took the assets and A. M. Sheldon took the liabilities. Presumably, and to all legal intents and purposes, A. M. Sheldon, who owns the stock in the collapsed banks and whose name is attached to the bonds securing deposits in the banks, is broke, and F. P. Sheldon, who owns nothing in Montana and is liable for nothing in the collapsed banks has the money. This is the framework of the story that is now afloat for the consolation of the people who lost their money in the First National bank of Malta, the Valley County State bank of Hinsdale, the Nashua State bank and the Glasgow National bank. It now looks very much as if the two Sheldons, F. P. Sheldon A. M. Sheldon, "several years ago," deliberately set out to finish the First National bank of Malta, and it is the settled conviction of many people that that is exactly what they did do. For several years they seem to have run the Malta bank on bluff. It is said there never was a time during that two years that they could meet the demand deposits of the bank, and there was never an effort on the part of large depositor to get his money that the whining bluff was not set up that if the money was demanded the bank would have to close. In that time the county treasurer, the city officials and the depositors of the bank were patient and easy with the bank in the hope that it might eventually get in better condition. And everybody, depositors and the local officials of the bank alike, depended upon the supposed integrity of A. M. Sheldon and P.'Sheldon to use the time and opportunity to strengthen the bank's tottering foundation. It now seems A. M. Sheldon and P. Sheldon used that patience and that confidence to get under cover and to leave the depositors and stockholders of the bank high and dry. "Several years ago" F. P. Sheldon was the largest stockholder and the big bug in the Montana banks, and A. M. Sheldon had his chief interests the Imperial Elevator company. So far as the people who did business with them or their banks are concerned. however, they were considered ns equally responsible. It now develops that in that ominous "several years ago" M. Sheldon sold out his Imperial Elevator company holdings and bought from F. P. Sheldon his Montana banking liabilities for which he gave F. P. Sheldon his note! The so-called Sheldon banks continued to de business with the people none the wiser, and the credit and standing of the Montana banks was based on the financial standing of P. Sheldon as much ns on that of M. Sheldon. In that significant "several years ago" the two Sheldons formed n corporation known as The Sheldon Brothers company. and that company became and still is the harbor of safety for the personal responsibility of this foxy pair. The blunt facts of the situation seem to be that the First National bank of Malta has been insolvent "for several since the Sheldon brothers quit doing business firm tana The broad Inference forced the people by the actions of and F. Sheldon is that they knew that sooner or the bank would collapse, and the general conclusion that they were careful only to see that it. did not collapse around their own smooth heads. In view of all the stories that are told by some of the depositors of the bank about their efforts to get their money out of the bank, from a study of the published statements of the bank's condition, and from a general survey of business and banking conditions in northeastern Montana, there never were but two hopes of the First National bank continuing in business: One was that the land values on which they had most of their loans would enhance and a ready market be created for them SO they might become readily negotiable. A. M. Sheldon and F. P. Sheldon were too shrewd business men and too not to know that this was a forlorn hope. The other, and that was the delusion the depositors in the bank were brought under, was that Sheldon brothers would stand back of the bank, even in its extremity, and that proved to be only a broken stick were leaning on.

In other words, it seems that if the First National bank had closed "several years ago," when it probably should have closed, F. P. Sheldon would have had to bear some of the burden of its losses, but in that several years, while the bank's condition was not improving, A. M. and F. P. Sheldon devised the nice little scheme by which M. Sheldon went legally broke, Sheldon kept the money in the family, and the innocent people who had their money tied up in the bank were left holding the bag. Up the First National bank did business in Malta, there was just one excuse for its remaining open, and that was that J. E. Arnot of Glasgow and A. M. Sheldon and F. P. Sheldon of Minneapolis would come to its rescue. A marvel to many business men and bankers is how the First National bank of Malta has gotten by the bank examiner for these past two years. The most plausible excuse is that the banking department labored under the same deception as the depositors and believed that Sheldon brothers would straighten out the bank's tangled affairs.

It is apparent that the bank had no realizable assets that were not pledged. During the last few days of the bank's existence one depositor got $500.00 in currency out of the bank and he was told that the bank had just $88.00 left in the till with which to do business. Apparently the bank had nowhere to look for cash in any sum except to the Sheldons and Arnot. To keep any bank open and accept deposits under such weakened condition could be excused only by a perfect confidence that the Integrity of the men at its head could be depended upon to furnish the money to hold it together. The stories that are told about the county treasurer starting a run on the bank seem to be pure unadulaterated poppycock. The county had $50,000.00 on deposit in the bank. It was subject to check. It was larger sum than was carried in efther of the other two Malta banks. The county treasurer was under the necessity of cutting the deposit down to equalize It with the other banks. Checks were written by the treasurer in the regular course of business, and when the first one cleared the bank the treasurer was informed that the bank could not stand it. The action did not in any wise affect the condition of the bank, It was only the occasion of proving that the bank was absolutely unable to meet, its demands. The very argument offered by the bank that it was not notified by the county treasurer that the county would begin checking against its deposits in plain confession that the bank had no money and no reserve to amount to anything. because the county's account was checking one and was supposed to be used. Neither of the other Malta banks required notice. and on the 18th day of December treasurer wrote checks totaling on one of the other Malta without notice, and the bank no grievance. There was no run on the bank. There have been run on It. The first two or three depositors to have at the bank run would appeared

Here Is the Fast Malta High Basketball Quinteț Which Gave the "Terrible Swedes" Battle Royal Tuesday a

In one of the fastest high school games ever seen on the local floor, the Malta team went down to defeat before the Harlem aggregation Tuesday night by a score of 18 to 30. Even though defented, the Multa boys played one of the best games of their career, time after time bringing the large erowd to their feet with their splendid floor work. The Malta team had the ball in their possession about sixty per cent of the time and took fully twice as many chances at the basket as the Harlem players. By the law of averages the game should have gone to Malta. Shooting is perhaps the main weakness of Malta. Their team work is fully as good as Harlem and their taking the ball through five man defense is perhaps better than that of any team in this section of the state. Time after time the Malta boys broke through the defense of their opponents only to miss comparatively easy shot at the basket. The game started with rush and the Harlem players made two baskets in quick succession. The Malta team then did some fine basket shooting and made ten points without allowing Harlem to score any more that quarter. Harlem was a little more accurate in shooting in the second quarter and the half ended with the score 16 to 12 in their favor. In the second half Malta made six points while Harlem made fourteen.

The players for Malta were: Johnson, center; Edwards, forward; Costello, forward: Koon, guard and Watson, guard. In the beginning of the second quarter Verzatt went in at forward. Costello was sent to guard and Watson taken out. Watson is developing into one of the star guards of this section of the state but because of inexperience was held as substitute the last three quarters. He a heavy, powerful guard and will be a hard man to keep off of the team as regular. As whole, the Malta team is very fast and as soon as they develop their shooting, will give a good account of themselves against any high school team of the state.

Article Text

SCOBEY SENTINEL BROKE THE BANK

The Scobey Sentinel recently printed the story given below in explanation of the closing of the SheldonArnot banks December 28th. We give the answer to it first There is not a scintilla of truth in it. first place, Phillips county did not have $75,000.00 in The First National bank to draw out. In the second place, The First Na tional bank didn't have much more than $75.00 with which to pay the money Phillips county did have in the bank, according to the best local information available. In the third place, the father of the county treasurer has been dead for a number of years, and the idea that the county treasurer started a run on the bank because the bank foreclosed on his father is therefore the reductio absurdum. In the fourth place, SO far as the records show, no sort of foreclosure proceedings had anything to do with the closing of the bank. In the fifth place, there was no run on the bank. because every depositor who had any considerable sum in the bank knew its weakness and was there fore afraid for its own sake, if for no other, to start run, and, because further, that he was probably told by the bank officials that if he insisted on having his money the bank would have to close. This was certainly true of the City of Malta, which had $7,000.00 on deposit there, and of Phillips county, which had approximately $50,000.00. In the sixth place, and in all the other places, the article is untrue because nobody in Malta was really sur prised at the bank's closing, and most people had wondered for two years how it ever managed to stay open. Read the brilliant story in the Scobey Sentinel and laugh: REPORTS SAY BANKS GOOD "Although conceded to be perfectMy solvent, three banks in Valley county and one bank in Phillips county closed their doors Tuesday and Wednesday in threatened runs. These are the Glasgow National Bank: the First Natlonal Bank of Malta: The State Bank of Nashua and the Valley County bank of Hinsdale, Malta being in Phillips county and the others in Valley county. "The banks included in this closing part of string of banks owned by the Sheldon Bros. of Minneapolis and E. Arnot, the latter being president of the "The Malta bank was the first one to close its doors, the action being voluntary one. It is alleged that the bank of Malta foreclosed on some propowned. local party in that city. That party's son according to a report in circulation here, Is the county treasurer of Phillips county. He Is said to have withdrawn $75,000 of county deposits from the Malta bank following the foreclosure procéedings, and when this became noised around among the people it started a run on the bank. In order to sufe guard the interests of the depositors Mr. Arnot closed the bank. The state of affairs in Malta had in the meantime become known in Glasgow, and a run started there and insted an hour before the bank at that place was also closed. and in anticipation of runs on their banks Mr. Arnot called the bank at Nsahun and Hinsdale on the phone and had the doors closed until the examiner could have chance to go over their affairs and see how they "These banks have always been known as strong financial institutions and were wholly solvent during the days when good banks were actually failing. It is certain that as soon ns the examiners complete their work and report will that the banks are solvent, they be re-opened again. The loss of the deposits from the county would not have been noticed had it not been accompanied by a Panic among Multa depositors, circumstance that would break the strongest bank unless checked. "We have been at some pains to verithe details of this story and do not want anyone to feel that we are trying to belittle anyone's character. If the reports coming in are true, It would seem that Phillips county needs new as It serious thing to shake the solvency of a because It may mean the of ruin demany

Article Text

THE GLASGOW TIMES A Republican Newspaper Succeeding The Glasgow Democrat.

Entered as second-class matter August 13, 1913, at the postoffice at Glasgow, Mont., under Act of March 3, 1879.

The Glasgow Democrat established June 26, 1913. The Glasgow Times established March 6, 1925.

Published every Friday at 517 Front St Glasgow, Mont., By GORDON VALLANDIGHAM

Subscription, $2.00 the Year, Payable in Advance.

THE SHELL GAME OF THE SHELDON BROTHERS The information given to the Montana banking department by A. M. Sheldon of Minneapolis that he alone holds the interests that until "several years ago" were held jointly by himself and his brother, F. P. Sheldon, under the firm name of Sheldon Brothers, in the three Valley county banks and one in Phillips county which closed their doors on December 28, last, has brought severe condemnation upon them from the newspapers of Malta, to which their are justly entitled if the charges brought against them are borne out in fact. Reports from Minneapolis, traceable, it is said, directly to A. M. Sheldon, are to the effect that he is unable to meet his obligations in the closed Montana banks, and that F. P. Sheldon is not responsible for those obligations because several years ago he had sold out his Montana interests to A. M. Sheldon. The logical inference of all this, declares the Phillips County News, "is that 'several years ago' A. M. Sheldon and F. P. Sheldon devised a split, and that F. P. Sheldon took the assets and A. M. Sheldon took the liabilities Presumably, and to all legal intents and purposes, A. M. Sheldon, who owns the stock in the collapsed banks and whose name is attached to the bonds securing deposits in the banks, is broke, and F. P. Sheldon, who owns nothing in Montana, and is liable for nothing in the collapsed banks, has the money. "This is the framework of the story that is now afloat for the consolation of the people who lost their money in the First National bank of Malta, the Valley County State bank of Hinsdale, the Nashua State bank, and the Glasgow National bank. It now looks very much as if the two Sheldons, F. P. Sheldon and A. M. Sheldon, 'several years ago' deliberately set out to finish the First National bank of Malta, and it is the settled conviction of many people that that is exactly what they did do.

"In that significant 'several years ago' the two Sheldons formed a corporation known as The Sheldon Brothers company, and that company became and still is the harbor of safety for the personal responsibility of this foxy pair. "The broad inference forced on the people by the actions of A. M. and F. P. Sheldon is that they knew that sooner or later the bank would collapse, and the general conclusion is that they were careful only to see that it did not collapse around their own smooth heads." In simple language, they devised a nice little scheme by which "A. M. Sheldon went legally broke, F. P. Sheldon kept the money in the family, and the innocent people who had their money tied up in the bank were left holding the bag." The Malta Enterprise notes that not just one, but both brothers, came from Minneapolis to attend the an- nual meetings of the Malta bank. "Of course," says the Enterprise, "only one of them may be interested at this time in the banking business in Montana, but it most always happened that two of them came here. It is just barely possible that they thought so much of each other that they could not stand it to be separated while one was away visiting his business interests." Both newpapers also take occasion to correct a number of erroneous ideas that have been circulated concerning the bank at Malta after its closing. The most persistent of these rumors was that there had been a run on the bank just prior to its closing and that the treasurer of Phillips county had forced the run by withdrawing a $75,000 deposit of county funds. The Scobey Sentinel was one paper which made the assertion, stating that it had "gone to some pains to verify the details of this story and do not want anyone to feel that we are trying to belittle anyone's character." As a matter of fact, says the Malta Enterprise, "the county had but $48,960.58 on deposit with the First National bank at the time it closed. As for a run on the bank, it was far from that. Some few depositors dropped in and withdrew their money while others were unable to withdraw what they had in the bank. Those in charge of the bank in this citywere confident up until Sunday night that the money would be forthcoming from those who were supposed to own the institution to keep it open."

The Scobey Sentinel's account that the closing of the Malta bank was forced by the county. treasurer, who withdrew the county funds because of foreclosure proceedings brought by the bank against property of the treasurer's father, bears "not"a scintilla of truth" according to the Phillips County News, which disposes of this assertion with the statement that "the father of the county treasurer has been dead for a number of years, and the idea that the county treasurer started'a run on the bank because the bank foreclosed on his father is therefore the reductio ad absurdum. So far as the records show, no sort of foreclosure proceedings had anything to do with the closing of the bank."

Tests at a Swedish university show that the effects of poison are less severe when the subject thinks it is harmless. This may explain some folks' immunity from moonshine.

"France Chilled by 60-Degree Drop." It happened to be the mercury, however, and not the franc.

Oh, Dear!-Trim waists for men have been decreed by clothing designers in convention at Cincinnati 000

Article Text

SACO CHILD DIES TUESDAY IN GLASGOW

Howard Henry Schultz, the three- chairman of the county of Mr. Mrs. Henry mittee, then report. read Schultz of Saco ,died Tuesday morn- some very appreciative comments the Deaconess hospital, where the recently published volume upon had been brought few days pre- local history. She reported viously, already very that the sale the books far stage of meningitis. The baby been quite asked the born 1922. An eighteen of various clubs co-operation months old brother seriously the remainder. collecdisposing and being cared for at the Rapp tion taken for the federacounty hotel by Mrs. Stella Jennings. The tion treasury replace small sum funeral was held Wednesday after- lost by the closing the State Bank noon the Chapel, conducted by the of Nashua. The collected was Rev. Bartlett, and interment greater than the sum lost. The made in the Glasgow cemetery. vitation of the Sunflower Art club of

Article Text

SELL BANK FIXTURES Nashua

-All furniture and fixtures of the former State Bank of Nashua were sold at public auction Saturday afternoon in the bank building, with the receiver, James O. Weaver, in attendance. Col. E. F. Jacobs was the auctioneer. About 35 men were in attendance at this sale.

Article Text

WEAVER RESIGNS; SHEA APPOINTED BANK RECEIVER of Business Cause of ResAnnounces Removal to River Bank Building.

Weaver, who has been acting receiver for the defunct Valley County Bank of Hinsdale and State Bank Nashua, tendered his resignation to Judge Borton on Tuesday of this week and Attorney James Shea, who has been acting as liquidating for the Milk River Valley bank agent appointed his Mr. Weaver advises that press personal business coupled with the fact that he will be obliged to leave state in short time period several weeks to look after some business matters in the east, was the immediate cause his resigning. In the interest of economy in overhead Mr. Shea that the office of receiver of the two state banks be moved to the Milk River Valley bank building. The bining of the office the three banks will do much toward keeping down the to the difexpense ferent institutions.

Article Text

J.T. Shea Is Appointed Receiver of Two Banks Nashua-Attorney James T. Shea of Glasgow has been appointed the receiver of the former State Bank of Nashua and the Valley County State Bank of Hinsdale by Judge C. D. Borden. He succeeds Attorney J. O. Weaver of Glasgow, who has been acting in that capacity for the past four months, but resigned because he is obliged to be out of the state for several weeks. Mr. Shea is acting as the liquidating agent for the Milk River bank of Glasgow and his combined office will be in the Milk River Bank.

Article Text

facts as to what officers or officer of the said State Bank of Nashua delivered said certificates of deposit or under what circumstances they were delivered, and hence is unable to arrive at any conclusion as to whether any officer of the State Bank of Nashua has violated any of the laws of the State of Montana in respect thereto; and accordingly leaves this matter to the court, with the recommendations that the court hold said matter open for such further investigation as the court may deem advisable at such future time as the court or proper officers of Valley County may receive additional information upon said matter. "It appears that small withdrawals were made from the savings accounts of the children of S. M. West shortly before the bank closed. Mr. West stated he would see that these items were returned and the grand jury suggests that the receiver take this matter up with Mr. West. The same Wright. is true in respect to Mr. Geo. "It also appears that on or about December 26th or 28th, Lee Bros., and Nashua Hardware & Implement Company gave a check on their deposits in the State Bank of Nashua and checks on certain other banks were exchanged for customers' notes, belonging to said State Bank of Nashua, and amounting to something over $4,000. The grand jury recommends that the receiver take this matter up with Lee Bros. and Nashua Hardware & Implement company to see if some amicable settlement cannot be made or an appropriate civil action commonced to determine what are the rights of the bank. "That said grand jury has likewise inquired into certain alleged infractions of the election laws pertaining to the last election for trustees, held in the Rose Hill school district in Valley County, Montana, and that it is the opinion of said grand jury that the evidence presened to it is insufficient to warrant a prosecution of said alleged infractions in the district court of this county. "That upon investigation, said grand jury finds no violations of the game and fish laws of the State of Montana to report. "The grand jury further desires to state that the various county officers have been courteous to the grand jury in exhibiting their various records, and have at all times fairly and properly endeavored to assist the grand jury in ascertaining and finding any facts they desired information upon. The above foregoing report is respoctfully submitted to the district court of Valley County, Montana. "Dated at Glasgow, Montana, this 11th day of June A. D. 1926. "CHRIST BJELLAND, "Foreman of the Grand Jury.

Article Text

NOTICE

IN THE MATTER OF THE RECEIVERSHIP OF THE STATE BANK OF NASHUA, a corporation.

NOTICE IS HEREBY GIVEN that all persons having claim against the above named Bank must file the same with the Receiver thereof at hisoffice in Glasgow, Valley County, Montana within three months from the date of the first publication of this notice and in the event of the failure to file claim within said period the Receiver may lawfully reject and dis-allow thesame. If the claim is based upon a written instrument the same should accompany and be filed with the claim. Date of first publication the 5th day of July, 1926.

JAMES T. SHEA Receiver,of the State Bank of Nashua, a corporation.

Article Text

NOTICE

IN THE MATTER OF THE RECEIVERSHIP OF THE STATE BANK OF NASHUA, corporation.

NOTICE IS HEREBY GIVEN that all persons having claim against the above named Bank must file the same with the Receiver thereof at office in Glasgow, Valley County, Montana within three months from the date of the first publication of this notice and in the event of the failure to file claim within said period the Receiver may lawfully the same. If the claim is based upon a written instrument the same should accompany and be filed with the claim. Date of first publication the 15th day of July, 1926.

JAMES T. SHEA Receiver of the State Bank of Nashua, a corporation.

Article Text

SUMMONS

In The District Court of the Seventeenth Judical District of the State of Montana, in and for the County Valley.

Thaddeus Ulaky: Agnes Ulsky, his wife; State Bank of Nashua. Montana, corporation; James T. Shea, Receiver of State Bank of Nashua; The First National Bank of Paynesville, Minnesota corpo ration; Valley County, body politic and corporate; Defendants. loe Ulsky: The State of Montans to the above named defendYou are hereby summoned to answer the com plaint in this action which is filed in the office of the Clerk of this Court, copy of which is hereand to file answer and with served upon you, your serve acopy thereof upon the plaintiff's attorneys, within twenty days after the service summons, exclusive of the day of service; and in case of your failure to appear answer, judgment will be taken against you by defaultfor the relief demanded in the complaint.

That the nature and object of the above entitled action is to foreclose and determine the lien certain mortgage on dated 1918, made, executed, knowledged and delivered said defendants Thaddeus Ulsky and Agnes Ulsky, as mortgagers, to State Bank of Nashua, a corporation, mortgagee, which mortgage was thereafter by mesne written assignments, duly assigned berein: which said mortgage was duly recorded in the office of the Clerk and Recorder of Valley County. Montana. on April 1918, at A. M., foreclose the equity of redemption of said defendants above named, and each of them. and all persons claiming any interests in or lien upon said real estate through or from them. or either of them. in the following described premises, to-w it: Southwest Quarter and the Half the Southeast Quarter Section Thirteen (13). in Twenty-cight (28) North, (42) East Montana Meridian, Range Valley County, Montana, contain more or according to beGovernment Survey there together all the hereditaments and * my hand and the seal of said Court this 13th day of lanuary A. (SEAL) B. Christopherson Clerk Attorneys for Plaintiff. Feb. 17

Article Text

ALIAS SUMMONS

In The District Court of the Seventeenth Judicial District of the State of Montana, in and for the County of Valley. The First National Bank of Nashua. Plaintiff. corporation,

Defendants. The State of Montana to the above named defendants:

You are hereby summoned to answer the complain. in this action which is filed in the office ol the Clerk of this Court, copy which is herewith served upon you, and to file.your answer and serve copy thereof upon the plaintiff's attorneys, within twenty days after service summons, exclusive of the day of service; and case of your failure to appear answer, judgmentwill be taken against by delauit for the relief demandedi the complaint. an action to foreclose mortgage, dat February 18th, 1922 upon the East of Lot Eight Block Seven of the Original Townaccording to the plat of and site on file the office of the Clerk and Recorder of valley County, Moutana, with all the hereditaments and appurtenances belong ing. given by the defendants, J. C. Johnson and his wife. Olava Judgment sought against the defendants. Johnson and Olava Johnson for $1528 89 with interest thereon the often per cent. per annum from February 18, 1922; for $3.00 for abstract of title: $100.00 reasonable attorney's fee and for costs. That bedecreed that the property be sold and the proceeds applied towards the payment of costs sale and amount found due to the plaintiff and that judgment be entered for any deficiences; that the defendants be foreclosed of all right, title and interest said property: that the purchaser the property may have immediate poss asion and the rents, issue and profits thereof. and for such further If as to the Court may seem equitable Witness my hand and the seal of said Court this May. 1927. 10th. Christophersen (COURT SEAL) Clerk

Weaver Attorney the Plaintiff Glasgow

Pub. May 12 19 26 and June

AMENDED SUMMONS In the District Court of the Seventeenth Ju dicial District of the State of Montana, in and for the County of Valley. The Minnesota Loan and Trust Company Plaintiff corporation.

State Bank of Nashua, corporation: James T. Shea, Receiver of State Bank of Nashua Farmers Lumber Company, a corporation Nashua Implement Company, Bank National of The First corporation: corporation: First Paynesville, National Bank Minneapolis, Minnesota, body politic Valley corporation: and corporate: Sheldon Brothers Company Company Northern a Defendants corporation; OF MONTAN Sends Greetings to the Above Named Defendants. and to Each of them: You are hereby summoned to answer the complaint in this action which is filed in the office of the Clerk of this Court. copy of hich is served upon one of you in each County wherein of you reside and to file your answer and serve CODY thereof upon the plaintiff's attorneys within twenty days theservice of this Summons. exclusive of the day of service and case of your fail ure appear or Judgment will be taken against you, by default, for the demanded in the complaint That the nature and object of the above entitled action is to foreclose and determine the lien of certain mortgage on real estate dated September 13th, 1919, made executed. and delivered by one Stanis law Klesny, as mortgagor, to the State Bank of Nashua. a corporation, as mortgagee was thereafter. by written assignment. duly assigned to plaintiff herein: which said mortgage was duly recorded in the office of the Clerk and Recorder of Valley County Montana. on October 23d. 1919 4:25 'elock in Book 76 of Mortgages, on pages and also LO foreclose the equity of redemption of said defendants above named, and each of them, and all per sons or claiming any interest in lien upon said real estate through or from them, or either or any of them.in and to the following described real estate, to wit: South half Quarter [S% NWM], Norlh Half of Southwest Quarter Southeast Quarter Southwest Quarter (SEWSWM Southwest Quarter of Southeast Quarter the Northeast Quarter of the Northwest Quarter (NE%NW); aud Northwest Quarter Northeast Quarter WNEW] of Section Twenty-six [26]. In Township [28] North, Range Forty one (41). East Meridian. Valley more or less. according to the Govern ment Survey thereof: together with all the hereditaments and appurtenances thereunto belonging or in any wise appertaining. itness my hand and the Seal of said Court this 15th day of April 1927. J. Christophersen, [SEAL] Clerk

McKenzie McKenzie ttorney for Plaintiff, Great Falls, Montana. Pub.

June 16.

Article Text

SUMMONS

In The District Court of the Seventeenth Jud icial Districtof the State of Montana, in and for the County of Valley. Mary C. Libby, Plaintiff

VS \rthur Sharples: Frances B. Sharples. his wife: State Bank of Nashua. Montana, a corD ration: James T. Shea, Receiver of the State Bank of Nashua; Sheldon Brothers The First National Bank of cor. poration: Northern Farms Company, corDefendants poration: THE STATE OF MONTAI Sends Greetings the above named de(endants. and to each of them. You are hereby summoned to answer the complaint in this action which filed in the office of the Clerk of this Court, copy of which is hereby served upon one of you in county wherein any of you reside, and to file your and serve copy thereof upon the plaintiff's attorneys within twenty days after service of this Summons, exclusive of the day of service; case of your failure to appear or answer. Judgment will be taken against you. by default, for the relief demanded in the complaint. That the nature and object of the above entitled action to foreclose and determ'n the lien of acertain mortgage on real estate, dated September 8th. 1919, made, executed, and delivered by said defendants Arthur Sharples and Frances B. Sharples, as mortgagors to State Bank of Nashua. Nashua, Montana, a corporation, as mort gagee. which mortgage was thereafter, by mesne writt assi, nments, duly assigned to plaintiff herein: which said mortgage was duly recorded in the office of the Clerk and 73 Mortgages, on pages and also foreclose the equity of redemption of salo named. and each of them and all persons parties claiming any inter or lien upon said real estate through them, or either or any of to the described real estate. to-wit: South Half of the Northwest Quaiter and the Northwest Quarter of the Quarter [NWNWMM] of Section Fourteen [14]. in Township ty-eight [28] North. Range Forty-two [12]. East Montana Meridian. Valley County. Montana, containing 120 acres. more or less. according to the Government Survey thereof: together with all the hereditabements and appurtenances thereunto longing or in any appertaining Witness my handand the Seal of said Court this 9th day of April B. Chrisrtophersen. Clerk.

Attorneys for Plaintiff. Great Falls, Montana.

Article Text

Happenings Near Home

Ship North Country Wool.-A. T. Olson, manager of the North Country Wool Pool, has begun shipment of 13,000 fleeces from Opheim, Richland and Peerless to a Boston wool firm, represented by B. P. Langen of Glasgow.

Visitor from Germany.-Mr and Mrs. Quast of Glentana have had as their guest, Mrs. Quast's cousin, Paul J. Giese of Hamburg, Germany, who is en route to Seattle to go into the exporting business. He has been at Columbia university for the last year preparing for his work. Mr. Geise attended the rodeo at Glasgow and was interested in the exhibition which he says was entirely different from anything he had ever seen. America appears to him to be a land of unlimited opportunity.

Back from North Dakota.-Mr. and Mrs. J. J. Baker and son of Lustre, accompanied by a daughter, Mrs. Richard Nyquist of Froid, have returned from a visit at their old home in Munich, N. D. Mr. Baker says: "Montana for me. I wouldn't want to farm my old home place now."

NOTICE OF SHERIFF'S SALE In the District Court of the Seventeenth Judicial District of the State of Montana, in and for the County of Valley. The Minnesota Loan & Trust Co., a corporation, Plaintiff,

Robert Bogle; Grace Bogle, his wife; State Bank of Nashua, Montana, a corporation; James T. Shea, Receiver of State Bank of Nashua, Montana; First National Bank of Minneapolis, Minnesota, a corporation; Phillips County, a body politic and corporate; R. G. Monroe, successor to W. G. Schneider, City Treasurer of the City of Malta; The City of Malta, Montana, a corporation; Farmers Lumber Company, a corporation; H. A. Streeter, receiver of the Glasgow National Bank, Defendants. To be sold at Sheriff's sale at the in front door of the Courthouse Glasgow, Montana, July 28th, A D. 1927, at the hour of two (2) o'clock p. m., the following described real property; to-wit: Southeast quarter (SE%) tion three (3); and the West half of the Southwest quarter (W 1/2 SW ) of Section two (2), in Township twenty-eight (28) North, of Range forty-two (42), East Montana Meridian, containing 240 acres, more or less, according to the Government Survey thereof; together with all the hereditaments and appurtenances thereunto belonging or in anywise appertaining. Dated this 29th day of June, A. D.

BEN OLSON, Sheriff.

Building New Barn.- C. Lunstad of Opheim is The g TH TH I stad is constructing a new barn, 52x 72 feet, on the farm of Jorgen Isakson.