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THE ROCK ISLAND ARGUS. SATURDAY, JANUARY 14. 1911.
MISS OLSON AT
HEAD OF LEAGUE
4nnual Meeting of Grace Eng
lish Lutheran Church Or
ganization Is Held.
OFFICERS' REPORTS HEARD
Leo DeLong Chosen President of the
Broadway Young Men's Bible
Last night at the home of Rev. I.
O. Nothstein, pastor of Grace Eng
lish Lutheran church, the annual?
meeting of the Luther league of the
church was held. Officers were elect
ed as follows:
President Miss Carrie Olson.
Vice President Miss Ida Hilde
srandt. Secretary John Hauberg.
Treasurer Miss Ellen Rosen
Itrantz. Organist Miss Mamie Peterson.
Reports were received from the
officers of the work for the past year.
Following the business session, there
was a social hour and refreshments
were served. for the entertainment of the annual
bible class has Ei.ECTiox. convention of the Illinois Pharmaceu
Members of Rev. v . G. Oglevee's tiCal association in this city next June,
bible class for young men organized j Mr Riegg hag been imed local sec.
recently at Broadway Presbyterian I
church, met last night in Rev. Mr.retary " dire ne convention plans.
Oglevee's study at the chruch and ! t expected there will be 1,000 dele
leeted the following officers: gates here. The meeting will contin-
President Leo DeLone. ! " three days- On the same dates the
Vice President IVnden H. Nunn.
Secretary Will Voss.
Treasurer Charles A. Boehme.
Teacher Rev. W. G. Oglevee.
The business meeting was follow
ed by a social hour. The class meets
regularly each Sunday morning with
the Sunday school classes, and there
Is a study and discussion of the les
Meetings will also be held one
evening each week. There will be
thP rla"s so Vat it will in
the clans, so that it will in-
1 of the young men of. the
to increase the member-1
LETTER rilOM II It. MARil IS.
A letter from Dr. W. S. Marquis,
the subject of which is "Sixteen Days
Jn Our Syrian Mission Field." will be
read at the service at Broadway
Presbyterian church tomorrow night
by William McLean Stewart. Rev.
W. G. Oglevee will preach at South
J'ark chapel tomorrow evening.
KVANOEi.iSTic seh ices. )
Tbis evening at Memorial Chris-j
tian church, Dr. H. O. Breeden, evan
gelist, will preach, his subject being
"Four Answers to One Question." j Services will be held as usual to-;an(j 7.3 p m Morning theme, "A
Because of the inclemency of the i morrow morning and evening. Miss ' Personal Question." Evening theme,
weather the meeting announced foi Kate Carnes will lead the Epworth -Helping to Answer Our Own Pray
laat night in honor of "Father" was ! leagu service at 6:4". Rev. Mr. j ers '
postponed and will be held next j Shult will postpone the series of; Swedish Baptist, corner of Twenty
Tuesday evening. The subject for evangelistic services for a few weeks. 1 flm 8treet aud Fif'tn aveaue Rev D
last night was "Dost Thou Believe?" j membership contest. i Holmberg pastor. Sunday 'school at
At the conclusion of tonights meet-1 The contcst,for members conduct- 9 30 a. m. Services at 10:45 a. m.
ing there will be baptismal services. ' ed Dy members of the Young People's ; and 7-45 p in
Tomorrow morning there will be a ! association of Broadway Presbyter-1 Edzewood 'BaDtist. corner Forty
bible school rally at 9.30. bervices,jan church is increasing in interest j
7V ue "V""
In the afternoon at 3 o clock there
will be a sermon for women only.
The subject is to be
There will be a large chor-j
us of ladies to assist in the singing. I
The evening sermon will be illustrat- 1
d with charts. a few points in the lead. The con-
FOiiMER missionary TALKS. test will continue for six more Sun
Tomorrow evening at Grace Eng-jdays.
3 it.-k-?i mm m u. r.m. m r: n. j -a
teenth street and SIrth avenue.
f.ranville H. Sherwood, rector. Sunday
chool at 9:30 a. m. Services at
7:30 and 10:45 a. m. and 7:30 p. m.
Zlon Swedish Lutheran, Forty-fifth
treet and Seventh avenue. Rev. N. J.
Forsberg. paster. Sunday school at
9:30. Eenlcea at 10:45 a. m. and
1:30 p. m.
Germftn Evangelical, Ninth street,
between ifih and Sixth avenues. Rev.
F. J. Ro'i, pastor. Sunday school at
S:1C a n
Uorrlces at 10:33 a. m. and
T-'n n m !
Pra.v VnirHah Lutheran, corner For- i
iv.f.rr.- ctrrt nnrt s?v.nth .venue,
Rev. Ira O. Nothstein, pastor. Sunday
school at 9:15 a. in. Services at
30:45 a. 111. and 7:30 p. m.
theme, 4 The Gift of God."
.riuon bv Rev. K. Edman; theme,,
-Kurdietar. and the Kurds." Luther !
Itasuc meetinsr at o:la; topic. The'
Books of the New Testament."
First Swedish Lutheran, corner Four
teenth street and Fourth avenue. Rev
S. G. Higgiund. pasicr. Sunday school l
at 9:30 a. m. Services at 10:45 a. m.
gr.d 7:30 p. m.
German Lutheran Immanuels, ccraer (
Twentieth street and Fifth avcaae.
Rev. Ph. Wilhelm. pastor. Services
. 10:30 and 7:30. I
Memorial Christian, corner Third
while you may 1 The first good
r:ep is to regulate the action of
your sluggish bowels by early use of
BaUtnrr-htn. - U hvtmm 10c mad 25.
A. J. RIESS
On the shoulders of Mr. Riess will
rest the bulk of the work of arranging
Iowa Pharmaceutical association will
have its annual couvention in Daven
port. Joint sessions of the two bodies
will be held.
I'sh Lutheran church, Rev. E. Ed
man, M. D., will preach. Rev. Mr.
Edman was formerly missionary in
tne neid at india, and in the Epring
will go to Kurdistan, in northern
Persia- and take up medical mission
work. His address tomorrow even-
ing will be on the subject, "Kur-
ing will be on the subject,
distan and the Kurds."
TO REfEIVE XKtf M I'MBF.HS
mere win De communion services!
iu v i ii i li t, t i, ' i-i v a ca i i. i v a ;
m"irfT o I'vntro 1 fmo i
byterian church end a
new members will be received.
p'astor's subject, will be "Gratitude !
. KnviiES postponed.
Because of the illness of the pas-
tor of Spence
Rev. F. E. Shult, evangelistic ser-,
vices were discontinued this week. ;
with each meeting. Already the at-1
j tendance ha been greatly increased j
ind a number of members secured. 1
UoraansiThp mppt for tomorrow n kiht villi
be led by C. 1. McLane. The sides
ot the contcst are the "reds" and;
-blues." At present the "reds" are
McFarland. pastor. Graded bibl !
i school at 9:30 a. m. Junior Christian
Endeavor at 2:30 p. m.
Services at '
j 10:45 a. m. and 7:30 p. m. Dr. Breeden j
will preach at all services. Morning
theme. "A Symnhony in Character." I
Service at a n. m for wnmn nnlv .
subject, "A Woman's Choice." ,Even-
ing theme, "What Is Church of Christ?" :
illustrated wi(h chait). j
Second Christian, corner Sixth street
and Thirteenth avenue. Rev. E. A.
McFarland, pastor. Sunday school
!at 9:30 m-; Ro?s 1J- Richhart, su-
peria - enaent. services at 10:45 a. m.
Third Christian, Fourteenth avenue
aid Thirty-ninth street. Rev. E. A
McFarland. pastor. Sunday school j
at S:30 a. m. Dr. J. H. Nichols, nunerin- !
l7nat'Rt - aiiiien school at :o0 a. m
Servues at 7:20 a" m-
Central Presbyterian, corner TwelWi !
... . r .services.
Ion Humphreys, pastor. Sunday school j
at 9:30 a. m. Services at 10:45 a. i
j m. and 7:30 p. m. Intermediate;
,or christian Klldeavor at 6:30.:
j Morning communion service; theme, :
"Gratitude for Benefits." Evening!
itueme, ine 1 oung .vianwortn w nue. ,
! A IV. Strt fha:ifl I'Vpn ct ru. t '
South Rock Island. Sunday school at
2:30 p. m. J. 11. Cleland, superintend
ent emeritus. J. M. Bond, sunerin
tendent. Preaching service at 7:30 p i
m led by E. H. Carlson.
Broadway Presbyterian, corner of
rweEty-ihird street and Seventa ave-
cue. Rev. W. S. Marquis, pastor; Rev.
W. G. Oglevee.
school at' 9:15
a. m. Services at
10:45 a. m. and 7:30 p. m. Young:
People's meeting at 6:45. Morning j
theme, -Christian Hospitality." W. M.
Stewart will read a sermon from Dr.
Marquis at evening service; subject,
"Sixteen Days in Our Syrian Mission
South Park Presbyterian, corner of
Thirtieth street and Fifteenth avenci.
la connection with Broadway Presby
terian' church- Bible school at 2:30
BRIDE-TO-BE HAS A
i Fannie Kelley, Moline, on Way to
Wed, in Holdup and Snow
Blockade in Weft.
j Although beset 'by train robbers
and left without food for 36 hours
I while journeying half way across the
i continent to marry a man she had
never seen, Mrs. Fannie Kelley of
'Moline, aged. 32, is still on romance
bent. Six days ago Mrs. Kelley left
for Reno, Nev., to meet E. Frobel, a
j merchant of Susanville. Cal., who
'advertised for a wife. Four days ago
her train was held up near Ogden,
Utah, and all aboard robbed. Five
hours later her train was wrecked
and the passengers were left with
out food for a day and a half.
p.m. Young People's meeting at '6: 45.
Evening sermon at 7:30 by Rev. Mr.
United Presbyterian, Third avenne
and Fourteenth street. Rev. J. 1
Vance, pastor. Sunday school at 9:30
a. m. Junior society at 2:30. Young
people's meeting at 6:45. Services at
10:45 a. m. and 7:30 p. m.
First Methodist, corner Fifth ave
nue andNineteeuth street. Rev. T. E.
Newland, pastor, Sunday school at
9:30 a. m. Services at 10:45 a. m. and
7.30 p. m. Epworin league ai j
0:30 p. m. Morning theme, "Life's ( Kature's brush is busy everywhere
MasterPassion and a Passionate Mas-j ajj tne time. In the life of a leaf it
ter Man." Evening theme, "Attd They j applies the' brush day by day. follow
Perccived That He Spake to Them." ing with its tints from budding time
Spencer Memorial Methodist, cor- i nntil it flutters from the branch. It
ner Forty-third street and Seventh ! touches the valleys and the hills, rbe
avenue. Rev. F. E. Stu!t, pastor.
Sunday school at 9 : 30 a.m. Preaching at
10:45 a. m. and 7:30 p. m. Junior
Christian Endeavor at 2:30 and Sen
ior Christian Endeavor at 6:30.
Morning theme, "Obedience Better
Than Sacrifice." Evening theme,
"Christ at the Door." Miss Carnes will
, 1 11 XT' . T i I
I leuu lue liijwurui league mtreimjf.
i Gorman Methodist, corner Fourteenth
stieet and Sixth avenue. Rev. William
Schoenig, rastor. Sunday school at
fl:30 preachinS at 10:30 a. m. and
" . .... xt...u
Free Methodist, Ninth avenue and
Fifteenth street. Rev. H. C. Willing,
i castor. Sunday school at 9:45 a. m.
Sorvio n m-a a nni 7 an
Wvman A. M. E. Mission. Thirteenth
clroof arirl Fifti Jvnilf RpV S Mc-
n-..,, n-tnP sprvices at 11 a. m.
- " -
and 3 p. m. and 7:30 p. m.
First Baptist, corner Third avenue
and Fifteenth street. Rev. H. W. Reed,
pastor. Sunday school at 9:30; B. Y.
p t' at 6:30. Services at 10:45 a. m.
fourth street and Fifth avenue. Rev.
D H Leiand. pastor. Sunday school
at 9:30 a Serviceg at i0:45 a. m.
,, -.nrt m .t,,
1? , 5 l"eme'
c.r Hrt Hnman r-athiin
j Twenty-eighth street and Fifth ave
j nue. Rev. J. F. Lockney, pastor. Ma?3
j at 5 and 10:30 a. m. Sunday sc-nool at
j 2 p. m. Vespers at 7:30 p. m.
I St. Paul's Belgian Roman Catholic,
j Twenty-fourth street and Elghth-and-a
half avenue. Mass at S and 10 a. m.
Sunday school at 2 p. m. Vespers at 3.
St. Mary's Roman Catholic, corner
of Fourth avenue and Twenty-second
J street. Fa'her Adolph Geyer. pastor.
Mass at 8 and 10:30 a. m.
St. Joseph's Roman Catholic, correr
T V T . .
'' J' '"-'. Pr-
S and 10:30 a. m. Vespers at 7;
p- m Sunday school at 9:10.
West End Sunday school. 700 Sixth
""c- uwk v. ui.
Prayer meeting Wednesday evening at
7:30. W. B. Barker, superintendent.
Church of Jesus Christ. Latter Dar
Saints (Mormons). Math's hall, R. W.
Pinney, presiding elder. Sunday
school at 1:30 o'clock. Preaching
eervices at 2:30 o'clock.
FirFt Church of Christ. Scientist.
Twenty -third fctreet. Services
Sunday at 10:45 a. m. Subject for
morning service, "Life." Sunday school
fntinuin? nmmino Brvt winj,.
jevenin? testimonial service at 7:45.
i Reading rooms in church, open daily,
except bunday, from 2:30 to 4 p. m.
The public is cordially invited to all
HOME OF FALCONRY.
Th Kirghiz Hunt Wolves and Foxas
With Great Golden Eagles.
All wanderers are lovers of the j
chase, but for sheer love of sport and 1
daring exploits the Kirghiz take the j
palm. Central Asia Is the home of
falconry, which was not Introduced I
Into Europe nntil the crusaders i
broaht back falcon9 with them from j
ineir easiern wanaermgs. tsut imagine
the arjbition of the men who fly their
birds at wolves and foxes instead of
at quails and partridges! Not content
",lu uuuu"6 eus uirue wna Rtoui
floona' tDe Kirghiz capture and train
me j?rcai oiuea eagles, wiin wnicn
hunt such eame " zelles. foxes ,
A well mounted Kirghiz falconer.
carrying on his wrist one of these :
magnifier birds, is a fine sight. The
weight of the eagle Is such that the
owner requires a support for his wrist, j
and the hunters are usually to be een I
with a little wooden brocket that sup- ' H
port tl:e nrm arainst the h!n Thf :
eafiles are hooded, as all falcons ere, 1
but can be used only in winter, when
they are hungry and keen. In summer
they are fed on marmots and live a
restful life, sitting In the sun In front
of the tent doors.
When gazelles or wolves are the ob
jects of the chase the eagles are aided
by long, sleek greyhounds of a small
breed, the dogs running In and pulling
down the quarry when the eagles have
sufficiently bewildered It Wide World
NATURE'S PAINT BRUSH.
Colors, Shads and Tint That Cannot
Bo Reproduced by Man.
Nature paints in the most striking
colors and shades and tints with a
delicacy never achieved by the brush
In the hands of the artist. The highest
ambition of the manufacturer of paints
la to produce colors which look like
nature's. The ybave never succeeded.
Grass has a green of Its own. So has
the leaf and so has the, distant ocean.
None of these has ever been repro
duced and put in cans with a price
label on them.
Winter apples now repose on the
shelves of the paint chemists. Honor
awaits the man who can combine col
ors to produce the tints of red of the
Baldwin and Northern Spy. They come
pretty near it. that is all. 'the same
is true of the colors with which Oc
tober first touches the maple leaf.
If all the paint grinding works In the
world were multiplied ten thousand
times they couldn't turn out pigment
enough in a year to do what nature
docs a cnange from season to sea-
growing grains, the flowering plants.
Never Is it Idle. New Yark World.
W. B. Mclntyre will address the
young men of the Y. M. C. A. at the
"Sunday Club" meeting tomorrow af
ternoon at 4 o'clock.
The B. G. M. will be addressed by
E. D. Fisher. This meeting of the
boys Is one of special importance be
cause there is to be launched a brand
new plan of activity which will appeal
to the boys. This meeting is held at
Monday evening the Toastma3ters"
club will meet. The program deals
with the Mississippi river, which will
be discussed in its various phases. The
subjects are as follows:
Toast master A. E. Swann.
"The Discovery of the River" N. C
"The River in Peace and War" H.
"Steamboating on the Mississippi"
"The River in Literature" Arthur
i Kiulora Lodge Has Ceremonies at OdTl
Eudora Rebeckah lodge No. 73, I. O.
O F., met last evening at Odd Fellows
hall and installed officers for the com
ing year. The ceremonies were con
ducted by Mrs. Ella Godfrey. The fol
lowing officers were formally given
Noble Grand Mrs. Effa Chalk.
Vice Grand Miss Anna Ranson.
Recording Secretary Mrs. Nora Lor
ing. Financial Secretary Mrs. Affenia
Warden Miss Lucy Ittner.
Conductor Miss Eihel Cameron.
Inside Guard Miss Anna Grady.
Out: ide Guard D. W. Hathaway.
Right Supporter to N. G. Mrs. Ella
Ix-ft Supporter to N. B. Mr3. Flor- j
ence Maslin. j
Right Supporter to V. G. Mrs. Eli::- j
Left Supporter to V. G. Mrs. Ger
Past Noble Grand Mrs. Alberta El
Chaplain Mrs. Mary Duffin.
FRENCH HEELS RUIN FEET.
Spinal Curvature Anothsr Phase, Ac- j
cording to Minneapolis. '
Dr. Charles II. Keene of Minneap
olis In a public statement says that
the h:h French heeis which high j
school girls wear are the cause of de
formed feet that have to be cured by
physical culture, and therefore such
heels are to be hnrred from the school.
Dr. Keene will have the p!fyiea! in
structor In the high school find out
j how many girls have curvature of the
i spine, lie has found many boys in
; the Minneapolis schools so afflicted.
TTa . , I t
a i r aiuiuuicu L Li L jri' if ItriiL v VI tun ir
tnre of the spine to bad posture, both
In sitting and standing, and to faulty
j customs and to improper footwear,
; t-'uch as French heeled shoes.
To Dam Grand Canyon.
Engineers are figuring on erecting
,arR 700 feet hl"h & tno rand Canyon
f the Colorado to Impound sufficient
P i-m. norsepower.
10 days and coffee
ills begin to leave.
There's a Reason"
At Y. M. C. A.
Call Us Up When Any
thing is Wrong with Your
Service and We Will Fix
It Up Right Away.
We want you to have the best service it is possible to
give, but we can't give it to you unless you help by telling
us when things are not working just-right.
No matter what the trouble may be, gas leaks or
electric light troubles, call up and we will send a man to ,
fix it just as quickly as possible.
Peoples Power Co.
PROGRAM OF RECITAL.
Mrs. Bernard J. Lachner, con
tralto, assisted by Miss Katherine
Noack, violin, and Miss Lorctto Han
nan, accompanist, will give a recital
at the parlors of the New Harper
Monday evening, Jan. 16, at 8
o'clock. The proceeds will be for the
benefit of the Villa de Chantal and
is given under the auspices of the
Visitation guild. The program fol
lows: Voice (a) Because v. d'Hardelot
h) Love's Echo Newton
(c) Hindoo Love Song. . Bemberg
(d Carmena Wilson
Violin Mazurka Larzycki
Piano, Miss Charlotte Noack.
Voire Four Indian Love Lyrics
from "The Garden of Kama"
Set to music by Amy Woodford
No. 1. The Temple Bells.
No. 2. Less Than the Just.
No. 3. Kashmiri Song.
No. 4 Till I Wake.
Violin Minuet ........... Mozart
Piano. Charlotte Noack.
Voice Frulingszeit Becker
My Heart at Thy Sweet Voiie. . .
"Samson et Delila."
Violin Cavatina Raff
Piano, Miss Charlotte Noack.
Voire o Mio Fernando . . Donizetti
From "La Favorita."
Voice Good Bye Tosti
The ' Rosary Nevin
Ave Maria . , Gounad
YESTERDAY WAS THE 25th. AX-
niversarv of the founding of the order
of King's Daughters and the occasion;
will be fittingly observed at a meet-j
ine to be held at the First Congrega-j
tional church, Moline, Sunday after-
noon at 3 o'clock to which members of
the King's Daughters circles of this
city have been invited. The meeting i
will be addressed by Mrs. G. W. Ben-j
nctt of Oak Park, state secretary of j
the Illinois branch or tne King s j
Daughters. She will talk 011 the bis- j
tory of the founding of the national j
organization. Dean Marmauuke narei
of Grace cathedral, Davenport will al-1
so be one of the speaers at this tune.
The King's Daughters circles of this
city will attend the meeting.
FOR MRS. MICHAELS.
MISS CLARA CRAWFORD AT HER
home. 514 Twenty-third street, yester
day afternoon was hostess to a num
ber of young lady friends at a farewell
Tarty for Mrs. George Michaels, who
returned to her home In St. Paul last
evening after several weeks' visit at
the home of her parents. Dr. and Mrs.
A. H. McCandless. -The afternoon was
spent in a pleasant informal way and
the hostess served lunch.
CRESCENT CINCH CLUB.
MR. AND MRS. A. E. M INNIS AT
their home, 1307 Eleventh street last
evening entertained the members of;
the Crescent Cinch club. In the games
the prizes were won by Mrs. William;
Ransom ladies first prize and Allan
Pratt gentleman's first prize. Mrs. Al-j
lan Pratt took the consolation favor.
A delicious course lunch was served j
following the games. The club will ;
meet in two weeks with Mr. and Mrs.;
Allan Pratt, 1600 Eighth street. j
LADIES' AID MEETS. -
THE LADIES' AID SOCIETY OF
the First Methodist church met yes
terday afternoon at the home of Mrs.
Plans were made for a talent sociable
to be given In May. Each lady will
invest 10 cents as her talent and make
an effort to increase that amount dur
ing the contest.
YOUNG PEOPLES BRANCH.
THE YOUNG PEOPLES BRANCH
or the W. C. T. IT. will hold a meeting
Monday evening at the home of Miss
Grace Wood, Thirtieth street and
Tenth avenue. .
O. E. S. SEWING SOCIETY,
THE O. E. S. SEWING SOCIETY
will meet Tbesday afternoon In the
parlors of the Masonic temple.
DEALS IN HISTORY
Story of Evolution of State
Banks and Trust Companies
BY MONETARY COMMISSION
Part of General Campaign of Klura
tini Preliminary to Adoption
of Currency Iteform.
Washington, Jan. 13. A very com
prehensive history of the state banks
end trust companies since the creation
of the national banks in 1804 has been
Issued by the national monetary com
mission. It has been prepared by Prof.
George E. Barnett, of Johns Hopkins
The various provisions of the laws
of the different states regarding loans,
reserves, capital stockholders' liabili
ty, supervision, and other features of
banking are exhaustively discussed.
State banks have been steadily sun
planting national and private Institu
tions having small capital, but Profes
sor Harnett's statistics seem to show
that there is little difference in the
percentage of failures ( among state
banks or national Institutions, al
though the rate of Insolvency in trust
companies seems to be somewhat
IlKf OVIK II I NK IN FACT.
Professor Barnett points out that
as trust companies have gradually giv
en up fidelity Insurance and the guar
anteeing of land titles, and have as
sumed a general banking business, the
legal restrictions imposed upon them
by the various states have become
similar to the restrictions Imposed up
on state banks. The present tendency
of legislatures is to disregard names
and legislate for the kind of business
actually done. For instance, 7 states
(New Hampshire. Michigan, Connecti
cut, Massachusetts, Rhode Island, Cali
fornia, and Texas) have provided that
Tailor Made Suit
(Regular $25, $28.
UJinois Theatre Building
Rock Island. I1L
savings deposits In trust companies
shall be Invested in th same way as
funds held by mutual savings banks
and that the assets of savings depart
ments be segregated for the benefit of
In Ave states (Alabama. Ohio, Ore
gon. Missouri and Nevada) "the state
constitution provides that stockholders
shall be chargeable only for unpaid
stock subscriptions." In 11 other states
(Arizona, Arkansas, Louisiana, Missis
sippi. New Hampshire, New Jersey,
Rhode Island, Tennessee, Virginia, Con
necticut and Delaware) -there are no
general laws Imposing additional lia
bility on stockholders. "In all the re
maining states and territories where
state banks are incorporated an addi
tional liability Is Imposed on stock
holders." and in all but two the addi
tional liability imposed Is equal to the
amount of stock held. However, "the
Imposition of the statutory liability on
the stockholders of state banks and
trust companies has not proved of
great, service as a protection to bank
creditors against loss," because (1) It
Is usually a liability to individual cred
itors and not to the bank, (2) it is usu
ally a secondary liability, and (3)
transfers of stock to evade the liability'
are dlfficuh. to prevent.
VVEl.l. TO IIESTIIICT LOANS.
As Professor Barnett points out, with
our system of small separate banks,
each bank having a limited number of
customers for loans. It Is well to re
strict the amount loaned to a single
borrower. The states have generally
followed the national bank law and
have limited the amount that a state
bank or trust company can loan to a
single borrower to 10 per cent of the
capital and surplus of Ihe bank. Cer
tain secured loans are usually except
ed from this provision. Three states
(California, Nebraska and Oklahoma)
forbid loans to officers, and other
states restrict such loans.
Most state banks, unlike national
banks, are allowed to loan on real es
tate security, although there are pro
visions "in some of the state laws de
fining the character of the loans which
may be made on real estate." Such
loans constitute a much greater per-"
rentage of the capital of banks In
6mall cities than in larger ones. The
ability to make real estate loans is a
valuable privilege to the banker who
does not have a large commercial
Ptat an Expsntivs Fust.
An sttempt to ose peat as fuel In b
comotlven In Sweden ha been sban
doned. Though coal has to be ImportM
Its use has been found more economi
cal. t Fish to Catch Fiih.
Fih refuse granulated to renemble
cod foe I being tried out In France as
a bait for sardines, which rive to be
catigbt In net as the roe Is spread
upon the water.
The Old Reliable
J. P. Williamson's nsw and 2d
hand store has returned to Rock Is
land and will be conducted undsr
the firm name of Carney Thomp
son. It runs Jui't the same as "J.
more for your goods and sell cheapsr
than anyone else.
CARNEY $ THOMPSON
WE MTOliE GOOD.
Old Phone 10&8. 1523 Second Ave.
Kork ItUod. 111.
Sale $20 and $25
$30 and $32 values)