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The Ekalaka Eagle
SHE EAGLE 'S Ni'.ST PUBLISHERS O. A. Dab. ditor-Prop. .ïnmiary 1. P* v - Subscription Frice, $2,00 Per Yeav !n Adv?,nre Punished r.very rric kiay. Sect I Treatment The late spt ing hi in,;: 1c:i:i itinn t 1 > finriiT! nl i. til \ ICU'IK y pel et () I watt er ( etil i I ! 1 i : i the with it ncrs 1(» i*iis! in the m glee No one ear ! )ne iKniiul ()i :i will ci;st itii ill- time ■i'. .J, will !>;:> e fin' i int. o; •min K. !i> gal (!n at least LÎH pet' cent >.i \ture -lb tilt; ?eed. shove®! (I i'cslioveleii. mu:. Uencd. (' if solution in .-(.'( > i si lt >15 i i . •uns tin ni tue ...mining s- tile ill >1* SilH.lt. fil me < ' is; PaU an. i.i' nt im A Hi per tout', u loi Ih'si : Hit ni\ i'O'l rein iter. : 1. 1 v p Uievu t ,'S sacKs. 1 you know not tn Hit. A. I •■er s or Breakfast tin lit 1 lie ! when ni:'t ha 1 let m-uni: in/, anllt al \ 11 • i i - art OKI 1 \\ 1t I rt I at .1. Kn any \ our htitry pn oner. Loninuss I !' \ ou on your porker a lice. at Wanted Clean cotton rags the Eagle Oilice. vaut t'i borrow mo i'.irin see Archie Grant & Puqua's Busincs Prospects Are Very Good Tiiiies Better Now Than For Many Years Says Prominent Business Man "if there arc hard times under the Wilson administration. I have failed to lind them" said Edward D. Fasten president of the Columbia (Jraphophone Company of New York in an interview' here today. "I have never found business so good. " I have vot ed the republican ticket all m.\ life, but my hats off to Wilson, lie is without doubt the greatest aivsitieiit we ever had. Busi ness men should stop howling uiii get to werk. "As far as inv* own contract with the commercial world is con corned we are now at the height of prosperity, and we are goine aigher. Prospects every when* are rosier than they have been for years. "As a practical illustration ol prosperity, the Columbia Grapho phone Company is about to re sume common dividends which vei'e suspended under the Roose administration. At that. busmess men every where J Mow ilia 10 11 rate time found it necessary to retrench in -1 it cut profits and dividends. e\er, despite all the clamoi poor business' and 'hart ■s' we have found it possible .'Siiiiie dividends at a higher than we were paying when ,01'ced to discontinue tlieni undet l i i e I l'enseveli administration, uni what is more, I have just le i .'ontracls for the erection of ;, r'.L.jp.lHMi addition to out plant at . rio,tie port. Conn. We 1 are pay ing higher wages than ever be at the history of Bridgeport .vhieii is essentially a factory r.ity and are paving the shorter hours for more pay thai die y ever saw before. On a re men's.nes an trip to the l'a iLie ( .oast, 1 iound e vM'etici'S, nolo; telurninj* prosperity, but prosperity thai aad arrived in litige chunks with iiioi'o lo eonie. It a 1 1 recalls to mind my original thought when 1 heard the news ot Wood row Wilson's nomination. This .vas that the democrats had dont the v.y ■«. si tiling tlie> had cvei attempted. " j Farm Loan Law Now In Effeci irmers May Borrow Up Half of Assessed Value of Farms To ; !li Under the provisions of ! ate farn i I- -ans la w enact ei last legislature, 1 allon l'ai mers may obtain I .ans i he stat e I reasurer annumt in; half the assessed valuation their holdings from l he eoi : hi.-. >un1 y, s-' v m U nt. : re i -an e- • Helena 111 A,TO " ihc ne\ is also of farm I. The- Iii:! create a loans, am ;u:C the d 1» unity fron. ig let < f nt \ the img i law. mode ;:ns. the pri le : täte coninn, .usions ! re;.isin doner ol etil itled. ' •part n.ent rovide i'or An act to of farm the isai ol 1 an i loans bonds; to de signate 'in si i te t re; urer as commissioner of farm loans: and to sppropiM'e money lor the use ol -aid depart iin-'nt. " 1 ne act was appt go\ t-rnor '''ebruar.v Following are ti ol : he law . • e , 111111 i. i Application loans, I I he tIt pat t nient shall Ci'ive apiihe n ion lor | ;u m |o t lut iiigh the 0' i: 1111 v t rt asu rcr <1 by Fair,. I rovisi tlu a pi line I ur (.'( e n 'scatioii t if blank rt ment. ; i . . i , , It of .11'. • rai: ,i a'-pa I -■! o I \ a I u i it.\ b;. a inter«-, t oüieials ami shall veril set 1 ort h in sa ; -1 a ppl i< n i application si ni i I i >,• fur more than 50 p«'r Value I re proof a seeur m public l , the facts ;ii ion, and approved 'id of the value of the property as deter mined by the commissioner. Section 3. (Bonds to Issue When. ) When the commissioner has approved applications for loans amounting to one hundred thousand $100,000) dollars in the aggregate he shall preyed to i.ssue negotiable bonds lor a like amount, which bonds shall be se cured by first mortgage upon the several pieces of property. Section 4. (Mortgage.) The 'commissioner of farm loans shall be named as the mortgagee in trust, in the instrument securing bonds, and to secure the advant age of combined credit, each piece of porpery shall be pledgee, to secure all of the bonds in the particular issue. Section 5. ( Default in Pay ment. ) In case of delault by any one of the mortgagor, the pro perty pledged by such mortgagor shall be sold for the benefit of the mortgagee, and if the sum realized is less than the amount f >r which the property shall have bxm pledged, with interest, then e ich piece of the remaining pro perty shall be liable for its pro p -otionate share of such beficit. Section 6. ( Guarantee of Pay ments.) The commissioner shall niaintain a guarantee fund from J which payments in default shah be supplied and he shall within six months proceed to collect the same from the mortgagor in de fault. and as soon as any default payments have been collected tlu same shall be returned to tin guarantee fund. Section 7. ( Form of Bonds. 1 Bonds shall be given a serial num ber, and shall be in denomin a tions of five hundred dollars each, and shall bear interest at the rate of 5 per cent per annum payable semiannually and shah have proper interest coupons at tached, and the bonds of each men's.nes shall be* so arranged that oae or more of them shall fall d te at each interest paying date: ( See Amortization table) each bond certificate shall have print e -l up0 n its face " First Mortgage Farm Loan Savings Bond," and each certificate shall have print id upon if a statement to the elfect that the and interest will be paid at maturity by the com missioner of fai m loans of the state of montana, out of funds provided under this aet for caid purpo s e, and shall also contain any other matter deemed essen tial by the commissioner of farm loans. Section 8. ( Taxation Exemp tion.) Mortgages given to the commissioner of farm loans shall ■lot be assessed for the purpose >f taxation but nothing in this a?t shall be construed as exempt ing from taxation. The bonds issued under this act anel owned >y individuals or corporations ■vit hin the state of Montana. Section 9. Payment of Inter est. ) Each mortage given to secure an issue of bonds shall provide for semi-annual payment of four per cent of the total amount of the mortgage, and the funds derived from such pay ment shall be applied as fodovvg: «)*.'■ eight, of the amount paid shall be placed in a fund to pay administrative costs, the balance shall be used to pay the principal and interest on said bonds, and the bonds shall be arrange I to fall due so as to absorb as nearly as possible the balance on hand on each interest paying date. The commissioner may reduce the payment to the administra tive fund but the payments amounting to V per cent per annum for I ho payment of princi pal and int"i i sf of any sei i 's of bonds, shall never be reduced or diminish <1 until all cd' said ,cries of bonds have been paid. Section 10. ( Examination of counts, shall a I he state examiner hi the accounts and booi.s ol the commissioner of farm I« ans semi-armuall y and and shall lile his report on such au lu with the state board of ex aminers. Section h. (Redemption of Loan) Whenever any mortgngor wishes to pay oil' his loan in full, he shall be permitted to do so if the commissioner has application on file for approved loans of equal amount and the property of 1 he applicant shall be substi tuted as security for the pay ment of bonds, and the mort gage against property of the or. iginal mort g igor slu.ll be dis charged. Section 12. (Legal Adviser,) The attorney general of the state shall act as legal adviser of the commissioner of farm loans, and the county attorney shall take any legal steps required by the commissioner, without, extra compensation. Under the new law. any farm er can borrow money from bis county with which to purchase seed grain, and the county will take as security a lien on his crop for the amount of the loan, The Great Northern rail road is co operating to make the new lav, a success. Elgin W ? e are glad to have the mead ow larks with us again. Mr. and Mrs. Geo. Thomas left Tuesday for their old home in Creighton Nebraska. For the past six years tney have been re siding here, on a homestead, ami having "made good," are now -'ti.joymg a well earned rest. Miss Estella Hoffman is home again. Having spent the win lei m different parts of the East. ■John Burns made a visit to Eka laka Monday returning home Tuesday. We are glad to see Pr. Sanely out again after his recent illnes s Sheriff Evans and deputies were in this vicinity lasi week after parties that ha<I broken .jail at Deadwood S. D. They suc ceeded in copturing them. am. have them in jail at Ekalaka ai present. Geo. Farrcll, Geo. Sykes, am. Chas. Laveli .journeyc I to Eka : iaka'i hursday, but they le ft tiieii Fords at home. Mr. and Mrs. Everett Harrison are the happy parents ot a bale, ■gill, born March ibth, Chas. Hubbarel started to Baker Monday. Dell Woods sale was well at tended. anel pi ices were good, fhey in Lend taking a pleasure ■trip (by Ford) tlnough the West this summer, and will visit San Francisco anel take in the f ail before returnig. Mr. and Mrs. Brown returned the- first of the week, from a visit witn j'datives in Kebiaf-ka, They say Montana U,oks good to them. Mr. and Mrs. Louis Leigh visited Ekalaka YVedne.-day. Edgar Sutton passed througl our city enroule to Sykes with load of elressed pork Friday. I lomestc ae i ig at In spue of his advanced \ears, Thomas Brady of St:. Paul, hav ing heard, no doupt of the won derful ciimate, and agricultural possifiilities of Eastern Montana, has decided io take up 'and in the Yellowstone Valley, where he expects to profitably and happily spend the remainder ol his days. The following was clipped from a St. Paul paper: "Thomas Brady, 06 years old, who lives with his daughter, Mrs. Mary T. .Johnson, 00;! Laim I avenue, will leave early in April for miles City, Mont; near which city lie will take up a homestead "Although within jour years of a century old, Mr. Brady ex pects to spend many happy days in proving up on his daim. Mr. Brady was born in Ireland in October, FSlO, and came to Ann t - ica when a boy." Raspberry, Orange ai el Wild Cherry Nectar at Blaine's, oc p< r glass. 1 J. W GRi NT. R. V. FUQUA. I Grant & Fuqua Land and Live Stock Company. Desert and Homestead Local ions. Town and Ranch Property for Sale m I I Horses for sale If you need a good team and haven 't the ready cash see us. We make good liberal terms. ? W 4WUWMI.Mto. a W l i ■!— Custer Attract Company Baker, Montana Office with Sam Kohen We are prepared to furnish abstract of ti tle to any property in Fallon County and without any unnecessary delay for our hooks are up-to-date at all times. C. B. Calvin, Pres. VV. B. Clarke, V. Pres. c E N T j c O I Is tho best wall finish for decorating your walls, ft is clean, sanitary, and n i; a Isomine brush is all that is needed to apply it. Ekalaka Drug Company HATTON 'S SHOP n ,IA( K iiAt rr v. PROPRIETOR. The most up-to-date shot) in the county. All work guaran teed arid done when promised. Drive in and we'll do the rest. Elacksm thing and General Repairing G3 PUNCTURE - PROOF TIREO AND ViiLVET TUBES O OUR GUARANTEE Lee Puncture-Proof Tires are guan ran teed to give 3,500 miles of service without punc tures, blowouts or rinicutting in the c ourse of regular use. The tire that put the "sure" in "pleasure" and smiles at miles. I OR SAI.K AT ? I E AUTO HOSPITAL DAVIS & FUND, Props. Ekalaka, Montana u vcavnvi n m n * 1 twwHww»-«s-r^»* u THE OLD STAND" C. G. RICKAKD, Proprietor. Wines, Liquors and Cigars. Ekalaka, Montana.