Jasper County Democrat, Volume 8, Number 2, Rensselaer, Jasper County, 15 April 1905 — COMBINE THAT FAILED [ARTICLE]

COMBINE THAT FAILED

“Jack” Graves, a member of the firm of Warsaw attorneys who are investigating the accounts of extownship ex-trustees in different parts of the state, is a former Mo* rooco boy and a son of “Jim” Graves, who for many years kept the only hotel in Morocoo.

The Benton county council has refused to make an appropriation for an investigation of the county records. Unless such an investigation can be an honest and nonpartisan one it is a waste of money, and, unfortunately, in most such investigations politics and whitewash play too important a part to make the “investigation” of any real value.

Next Tuesday is the first anniversary of the failure of the McCoy sheepskin bank. The parties responsible for this failure by which hundreds of thousands of dollars of the hard earned money of widows, orphans, laboring men, farmers and business men was lost, are still breathing the free air of liberty, and the prospects of punishment are remote. Had it been a sack of flour or a chunk of meat that some poor devil stole to keep his family from starving, they would have long ago been learning a trade at Michigan City under the supervision of the state. I The trustee of the bankrupt Home Bank at Goodland is declaring a 10 per cent dividend to creditors, and it is thought that at I least another 10 per cent dividend [: will be realized. The Home Bank | went under several months after | the McCoy sheepskin bank here | -closed its doors, and it was gener- ; ally believed that the creditors would realize but five to ten cents ? on the dollar, yet here is a dividend of 10 per cent already declared and more in prospect, while the McCoy bank creditors are still holding the sack and with no I prospect of ever receiving more than 20 per cent on their claims. No dividend at all has been declared as yet, nor do we hear anyi thing about when one will be.

An exchange says: ‘‘One of the greatest means for keeping the debt of the state of Indiana unpaid and the taxes of the people at high notch is the drain upon I the treasury of th«j several coun- | ties by the political leeches and | grafters who are permitted to roost about the court house and pick up not merely crumbs that accidentally fall here and there but if given half a chauce will ; rake off a whole pie or two.” And ‘ yet this sort of thing is apparently s just what the people of many loI oalities want, and the mere suggestion of turning these ‘‘leeches atod grafters” out to shift for ! ; themselves, to make a living by | the sweat of their brow, is met with a storm of protest and is & promptly voted down, ala Jasper county. The people have only themselves to blame for these L things, and when they continue | year after year to vote for a continuation of the same old gang, they should walk up to the (proxy) I treasurer’s office and pay whatever |la demanded of them without | grumbling, remembering that as | ye sow, that shall ye therefore I reap. 2,200 dozen of eggs taken in I Saturday, more than all other gro- | oers and egg buyers combined. It r is evident the public know where Bphey always get more for their j| produce than elsewhere. Chicago Bargain Store.

Creditors Try to Control the As* sets of a Firm That's Bankrupt. OPPOSED TO PUBLIC POLICY Say* the Judge In the Federal Court— Mysterious Knife Wound— State News Notea. Indianapolis, April 14. —Judge A. B. Anderson, of the federal court, upheld the appointment of the Indiana Trust company as the trustee of the E. T. Kenney company, of this city, and held the combination of creditors tor the control of Judicial proceedings in their own interests to be clearly against public policy. The opinion was the result of a long and fierce fight between the Indiana Trust company and 118 banks in all parts of the country which were creditors of the Insolvent E. T. Kenney company. Brings Up a Nt* Point. The opinion is regarded as important in that it brings up a point seldom raised in bankruptcy proceedings. It Is the case of a combination of a part of the creditors of the bankrupt company to control the assets of the company. The Aultman company, of Canton, 0., and four other allied corporations, of which the Kenney company was one, were declared bankrupt •lx months ago. The E. T. Kenney company, of this city, had creditors numbering about 250. The company’s liabilities were more than $400,000, and the assets were SIOO,OOO. Committal, Hu bat One Voto. Gs the creditors 118 were banks In many parts of the country which had discounted paper to the amount of about $266,000, and which had formed a “creditors” committee. The court’s decision is against the banks’ contention, the committee being given only one vote. First of the Kind et the Capital. Indianapolis, April 14.—The Indianapolis Southern Railwny company will be the first railway to come Into Indianapolis over elevated tracks. An understanding to this effect has been reached at a meeting between Mayor Holtzman and representatives of the rUinois Central Railway company, which has acquired control of the Indianapolis Southern.. The company is now arranging to build into the city by Oct. 1 from the Indiana coal fields. Cattle on the Hoof Are Higher. Indianapolis. April 14.—During the last three weeks prices of cattle on the hoof have advanced fully $1 per 100 pounds, and 50 cents of this advance lias been noted during the last week. Wholesale prices of dressed beef have advanced fully that much and in the case of steer carcasses the advance lias amounted to $1.50 per 100 pounds. Retail prices almost equal those of 1902.

KNIFE WOUND FOUND IN BYEB9 Waa Probably What Killed Him and No One Know* Who Had the Knife. Rockville, Ind., April 14. Jesse Dowen.the saloonkeeper,who last Sunday evenlmr shot and is neeused of killing Marshal Albert Byers, and who afterward surrendered to the sheriff hep. and was placed In Jail, was released, and. with his friends returned to Diamond. Prnseeutor Adams, after making an Investigation, filed a complaint alleging voluntary manslaughter, and the accused man was admitted to hall in $2,000 by ’Squire Bryant. On examination by the coroner, a knife wound was found on the body of Byers, and this adds to the mystery of’the murder, since no one has been found who can tell anything aliout that. The shot was also peculiar In that It entered the skull in front of the right ear. passed around the ear, and came out behind it. on the same side of the head. The knife thrust was a clean wound, the blade passing between the ribs and entered the heart. When the bullet ranged around the skull, ns described, it did not injure the brain. v Peculiar State of Things. Indianapolis. April 14.—The "closed season" for Issuing marriage licenses in Imllann will not he ns long as threatened when a few days ngo it was discovered that it would be necessary for the state tioard of health to prepare a form for licenses and forward It to tlie county clerks after the acts of the recent legislature are promulgated. There will be one hour, however, in which no licenses can lie grunted, and It will probably be the only period In the history of the state when no permits will be issued. Miner Accused of RetpontllUy. Princeton. Ind., April 14. circuit court Iloacoe Ileddrick, a coal miner who it Is alleged placed the shot which caused the mine disaster near this city on Mnrch 22, resulting In five men being killed outright and four others being fatally Injured, pleaded not guilty to a charge of unlawfully drilling and blasting In coal mines. He is said to have put the charge six feet Into solid rock. Negro Shoots mu Antagonist. Anderson. Ind., April 14.— During a saloon fight Horace Poindexter, a negro from Muficle, shot and fatally wounded Henry Russell. Poindexter escaped In company with three companions. Russell bad been drinking.