Daily Democrat, Volume 2, Number 309, Decatur, Adams County, 9 January 1905 — Page 1
VOLUME II
SOLD A BLOCK OF CAPITAL I The Old Adams County Bank Sells Stock
ORGANIZED IN 1871 — ... The Second Largest Bank In The State Twenty Five Thousand Dollars in Stock to be Sold Amonn Its Patrons. Among the business changes of the present year comes the announcement of the slight re-ogani-zation of the Old Arinins County Bank. It has had a successful and uneventful career covering thirty three years, and the change contemplated is but an expression of appreciation of that fact. Since the death of Judge Stndabaker, the present stockholders have decided and agreed to either give up $25,000 worth of their stock or increase the capital of the bank to this anurant. This amount will be distributed! among the old patrons and friends of the bank. The present stockholders feel that this is due those who have made the bank grow and i prosper until it ranks as the second ' large state bank in the shite. It first began business July 3, 1871,1 Jesse Niblick and J D. Nnttman being the owners, they each placing SSOO into its vaults, and which amount was its working capital. In 1872 Judge Stndabaker and R. B. Allison were taken into the partnership. Augu-t, 1874, it organized under the state laws and increased its capita! to $50,000. The officers under this organization were Jesse Niblick, president; David Studebaker, vice president; R. B Allison cashier and W. H. Niblick, assist, ant cashier In 1881, the capita) was increased to $75,C00, and remained so until 1804, when their charter expired. At that time it was again reorganized and its name changed to the < >ld Adams County its capital being swelled to $120,000. The nffiae-s elected at that time and who have so served ever since, were W. H. Niblick, president; Dsvid Stndabaker, vice president; R. K. Allison, cashier; and Charles S. Niblick, assistant cashier. It's long and successful c ireer covering this )>eriod of thirty-three years is not alone a matt* r of pride to those financially interested in the bunk, hut to the county and city as well. Much of the county and city im provemont has been made possible by this bank, and the success of many individuals who are located on the right side of easy street, can be traced to the same source. It has done well for itself and thus done well for others. Its deposits amount to the stupenduous sum of $700,00(1 and its total assets to | SIIOO,OOO, W. H Niblick ha« been continuously connected with the bank since its organization, being i its first assistant cashier and in fact i at that time doing all the work and all the business of the bink. He ; wrote the Hist draft, and tint was ■ for Uncle Jacob Close, who was then engaged in the shoe business. Benjamin P. Rice was also among the eady pitrons of the bank which wa< than located on the Nuttman corner where the Holthou«n, Hihulte Jt Co. cl ithing store now is I >oated. For the first seven months Mr. Nihlick ach'd in the capicitv of assis . ant cashier without bond, and in that time signed many thousands of
The Daily Democrat.
I dollars in drafts. He was then but sixteen years old, a confidence then reposed that would not be I’’ought of now. R. K. Allison wh i has been at the head of the bank is .daco 1894, has shown greu: I capabilities as a banker, a financier | and a business man. He has managed the funds carefully and at the same time extended credit to those who demonstrated honest intentions and careful business management. The responsibility of such a position is bound to get out the best that is in a man, and Mr. Allison has demonstrated clearly his worth and ability. The Democrat wishes the OldJ Adams County Bank thirty three years more of fruitful prosperity. DIRECTORS MEET Decatur Men to Attend Session W. H. Niblick and D. E. Studebaker to Vote at Bat ’ltrs rational Bank Annual — — I W, H. Niblick, president of the Old Adams County bank and D. E. Stndabaker left at noon for Chicago, where they will attend the annual meeting of the stockholders of the Bankers’ National Bink, I which will be held tomorrow. Mr. Studabaker will vote 420 shares, having proxies for the stock held by his sisters. The meeting is for the purpose of electing directors for the ensuing year and at this time a successor to David Studabaker, j Sr., deceased, will be chosen. Mr. Studabaker was one of the charter members of the bank, and had for years served as the Indiana director. This bank is the fourth strongest in the United States, a wonderful record for so young an institution. The president is E. L. Lacey, who resigned as comptroller of the United States treasury to accept the position when the hank was organ ized. Included among the stock holders are such men as Dan Reid, of New York; Marshal Field, Ar mour. Swift, Undehey, and many others whose wealth totals manv millions, and who are acknowledged as leading financial kings. DOES IT PAY A Merchant Who Has the Right Idea ol Advertising. A merchant in a neighboring town states that his advertising last year cost him forty cents on every hundred dollars worth of merchandise sold. He used a half page togethei with a good showing of local liners and was represented in every issue of bo’ll town papers. This year he has i-.ntriioted for a full ptge and declares that he shall continue to advertise us long as people c intinue to r 'ad newspapers. Th" biggest an 1 best meichanfs in tb.” world te lii’ve in newspiper advertising. T e man who ignores it may sue (iced for a time, hut he will have to give way to the competitor who step* in and makes better u«e i f his opportunities.
DEC
ATU’L INDIANA. MONDAY EVENING. JANUARY*). W 5,
NEW RULING — Owners of Mail Boxes do Not Conti < I Them. Postmasters have a ruling from the government which is of interest to every community, where the rural free del’very system is in force. A carrier found in a mail box on his route two letters that were intended for the owner of the box and had been put there by some one in passing. The letters were confiscated ana sent to the government at Washington with a request for a ruling. The government ap- ' proved the action of the carrier and said that all mail found in any box without stamps or B the proper amount of money for postage must be collected and takan to the postoffice from which the route is operated and held’ for postage. This ruling means that the owner of the mail box has absolutely no Control over it. FALSE ALARM Fire Company Made MidNight Run Janitor Wertzberger Building an Early Fire at Central School Building - Caused Excitement. An alarm of tire was turned in this morning at‘2 o’clock by ■ some one. stating that the Central school building was on fire. The company responded in nice shape and made a fine run to the building. After arriving there and getting everything in shape to work, it was found that the alarm was false and that the only fire there was the one that Janitor Michael Wertzbreger was making in the furnaces, as was his usual Monday morning custom. The flickering light of the lantein in the cellar no don tit aroused the suspicion of some of the nearby neighbors who turned in the alarm. I No harm was done, but the fireman ; are kicking on account of being routed out so early in the morning on a wild goose chase. TO BEGIN SOON Marion Lima Traction Line Secure Another Franchise. The Saturday Marion News Tribune said: At a meeting of the town council of Van Buren last night there were two applcalions for traction franchises and a third] man, R. F. Cummins, representing a number of the stockholders of the Kokomo, Marion and Western Trnotion oompiny, askd e if his company might get a franchise. Dan Bolds and others of Van Buren are also bent on securing the right of way through the city, aPhough they have no company iniorporated. The interstate company was representing last night by John E. Clark, of Marion, counsel lor the company ; A. L. Sharps, of Bhitffon, president, and Fred M Caldwell, of Marion, genrral manager of the company. Mr. Sharpe and Mr. Caldwell stated last night that the franchise through Van Buren is granted and they believe that be fore another winter they will have cars running over the lino as far as east as Bluffton. When lie was asked lust night when his company intended to begin grading the road bid, Mr. Caldwell said energeti- ' oally: "Just as soon ns the frost inut of the ground we will begin at Marion.”
LAW MAKERS Representative Writes The Democrat Codification Committee Will Furnish Some Important legislation. Indianapolis.l nd., Jan. 9, 1905. Elitor Democrat: The House of Representatives will get down to solid work this week. The inauguration of the governor will be first on program. Following will be considering the codification commission bills, which Tre now prepared and presented bv this commission, of which it embraces the following bills: Highways, location, vacation and changes, which has 103 sections; drainage, which contains 13 sections. A bill for an act concerning proceedinf s in the excise of the power of eminent domain which embraces 12 sections; public offenses which is very complicated and voluminous, containing 699 sections. So you can readilv see the time will be taken, considering codification bills, let alone the measures which the republicans have agreed upon previous to the meeting of the General Assembly. They know at this minute what bills will pass, and bills that will not piss. The slate is complete. The contest of scales by members from Allen county shows the fine hand of previous fixing of proceedure. They would I not stand for the examine tion of Allen county ballots. They said it would be illegal to open the ballot sacks. But in the Joseph M. Cravens contest fiom Jefferson county they issued warrants for the ballot sacks and intend to examine the contested ballots of the November election. In this election Ct avens and Wallace were a tie, the governor calling another election. The election was called before papers of contest were filed Vet they tire going to examine the contested ballots of first election. Wallace did not oppose Cravens in the nail election. The most itnpir- ; t int bills that will bo introduced | will be first in importance, the state commerce commission bill, private banks under state supervision, voting machine* in county of state. Teachers’ salary law, concentration of township schools. There will be very large appropriation for the state institution, possibly the largest in the history of the state. Will write again soon. Your Servant. J. W. VIZARD. OLD CITIZEN » U. NtuerfcF.winder Lived on On? Farm Fish Years. Ulrich Neuonschwsn ler, aged 83 years, died earlv F'- day morning from the <>f a stroke of pir alvsis Mr Nenensohwander was stricken on Tuesday during the day and ho had never rallied. The end brought to a close a long and use- ; ful life. The old gentleman resided just across the Wells county lino in Adams county and had lived there for a period of some fifty years continuously. He leaves a 1 family of six suns and three (Hugh--1 ters, all of whom are respected cit izens of the community and known for their kindness an good deeds. i Mr. Neuenschwander was a consistent member of the Ncurnanese ’ church and a firm believer ic the doctrines set forth by this sect. The funeral services were in charge • ot this d< nomination and were held Sunday in the cenu tory at the 'church
A BAD FALL Mrs. Samuel Bu khead Seriously HurtBroke Her Arm. Mrs. Samuel Brukhead who res ides in the south part of the city, had the mist a yesterday morning to break her left arm near the wrist. Mrs. Burkhead was doing her usual Sunday work, which necessitated her stepping from the house, and in so doing her foot struck a small piece of ice and.she was thrown heavily to the sidewalk, the entire weight of her body falling on her left arm, breaking both bones square oft and dislocating her wrist. Dr. J. M. Miller was hastily summoned and set the arm and wrist, which he stated was a bad ■ fracture. Mrs. Burkhead is suffer- i ing a great deal of pain, and, owing j to her age, the arm will not heal as rapidly as on a younger person. LEFT TODAY C. E. Neptune to Reside at Paragould, Arkansas. C. E. Neptune and family left this morning for Paragould, Arkan sas, where they will make their future home. Dr. Neptune has resided in Decatur for many years, and is held in the highest esteem as are also his family. They leave this city with the sincere regret of a large Gircle of friends, each of whom wishes them the best success possible in their new home in the Southwest. We commend them to the citizens of Paragould with the i guarantee that they are as good people as ever traveled from Hoosierland. Mr. Neptune is a thorough business man and deserves tho success he is sure to achieve. MEET TONIGHT Library Committee Will Look at Architects Plans. — The Library committee will meet this evening at the National bank to consider architectural plans for 1 the new building. While it is hardily probable that an architect, will employed at this time, it is possible, and if nut. a meeting time will I e I chosen when the contract will be (closed. A number of architects ] from out of town have submitted I plans, but it is generally believed that the committee will recognize : home endeavors and employ either i Eugene Christen or Oscar Huffman, I each of whom has offered plans equal to those from abroad. IS MYSTERIOUS “Jerry From Kerrs" Show Will Surprise You. While the Patten <fe Perry ‘ Jerry from Kerry” company were playing in a city not far away from here, a rather amusing incident occurred baOK of the scenes. A young boy who was working his way into the performance saw a well which is , part of the scenery carried by the company, and asking the stage manager if there was anything else to do, he replied, yes, fill that well with water, not thinking any more of the matter; but being called to the stage shortly after, the manager found the young fellow hard at . work emptying water into the well 1 and consequently flooding the stage. See and hear the famous Gibbs . children in th” greatest juvenile act 1 before tho public. See the street i parade at noon mid hear tho band i Concert at 7:30 in front of op Ta house Wednesday night.
NUMBER 3G9
I TO THE JURY Ault Forgery Case Concluded Two New Cases Filed—The Gasser-Reisen Case is Next on the Docket. The Charles Ault forgery case, which has be»n in progress several days, went to the jury at 11:45 this I morning. The arguments were i made by J. C. Moran for the state 'and F. L. Litterer for the defense. ]lt was the latter's first 'speech in I court here and his address was able and effective. —o — Emanuel Warner vs Emanuel Warner, administrator of Fred Dreyer estate, claim $397.89 was filed today by Merryman & Sutton. —o— A. P. Beatty, representing Morris D. Sachs and Sons, tiled a suit in court this morning vs William Ccrdua and Martin E. Andiews, account, demand S3OO. —o— The suit of Niblick & Co., vs Elmei Johnson was dismissed tom y anil costs paid. — j— John M Blossom vs Elsie S. Blossom divorce granted. Judgmen plaintiff for costs. — )— WjHinm P Bartling vs W. C. t mitley et al, joint answer filed by Smitley and Smitley. Rule to re ply—c— In the Peter Kiopfensetin estate, Fred Mathys administrator, all defendants defaulted except Louisa mid Otto Hartman. C- J. Lutz appointed guardian ad litem for minor I heirs. —o— In the Case of John G isser vs Elias Reisen, suit to recover S2OO, 's next on the court docket. Gasser ises Reisen of ha ving defrauded him by paving off a note given by Reisen to Gasser, with the latter’s own check fraudulently obtained. The case will be heard by the jury. Shafter Peterson represents the plaintiff and Frank Cotrell and .1. C. Moran the defendant —o— Au examination of some witnesses was heard this astern >on in the Henning assignment case. LIVES IN HOPE Mrs. Rae Krauss and Her Routine Prison Life. Rae Kraus is an expert needle worker and during her confinement in the jail here spent all her snare time making fancy needle work. | At the reformatory she finds much consolation in her sewing and works unceasingly while awaiting the visits ot her husband which have now dwindled from daily to monthly occurrences. Since she has legained the’eonfidonoe of her husband, the weight of her crime, that of having killed his only daughter seems to bear lightly upon her troubled conscience and she lives now only in anticipation of his visits and the time when she may, if ever, be freed, that she may. i again take up her abode with him. Will Krauss loved his daughter, no one has ever denied that, but since her death his love for his wife, the murderer ot his only child, his < grown until the memory of his beloved daughter hits almost vanished. His actions since his wife's oonvicI tion ha ve Is-en the source of innch uncoinplinu nt irv talk among tin poopl« h>r • —1 irtf ird Ci’ vG iz ‘*o
