Jasper County Democrat, Volume 10, Number 45, Rensselaer, Jasper County, 8 February 1908 — THE OTHER SIDE [ARTICLE]

THE OTHER SIDE

The dispatches sent out from Logansport last week giving suoh a roseate hue to the Baldwin & Dague bank assets seems to have a hidden string attached. The receivers’ reports of the assets included the Baldwin & Dague personal notes at face value, which is $61,000 in the Goodland bank alone and other notes of questionable value, at their face. A farm of 400 acres iu Cass county, some lots in Logansport and a farm of 200 acres in White county have been turned over by Mr. Baldwin, but there is said to be $5,000 in ditoh taxes against the Cass county farm and a SSOO mechanics’ lein against the house on the White county farm, so that it would appear that there will be some question after all about the banks paying out in full. At Ambia a new national bank with $25,000 capital has been organized to take the place of tbe “busted” Baldwin & Dague institution.