Hammond Times, Volume 11, Number 198, Hammond, Lake County, 2 February 1917 — Page 9

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Our 1917 county tax duplicate Is here. This book is an exact copy of the County Treasurer's tax book. It gives the description of every piece of property in Hammond and we are prepared to handle your tax matters promptly and efficiently. Fifteen years experience has taught us the importance of promptness and accuracy in connection with taxes, and as usual, we are equipped to render our clients satisfactory service. We recommend that you call at an early date so that if there is any irregularity in connection with the assessment or description it can be remedied in ample time.

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Corner State Sz Hohman Streets The Bank With the Chime Clock:

foUoivrng is a Sisi of the Directors miso goversi tins Eitkvs affairs Peter W. Meyn W. C. Belman A. M. Turner John N. Beckman Otto Duelke David T. Emeiy

Frank S. Betz Julius H. Meyn

Jos. W. Weis Albert Maack

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BENEFITS OF FARM LOAN ACCOUNT Ways in Which the New System Aids the Farmer in Financing H 3 Business.

WASHINGTON. Jan. SI. !'' r..is..n of the facilities created Hy th I'-:..-r:il I"arm Losui Act, which v.ns p i.-s. 1 i-i-ti summer, ft will he e.iVior in th- fa -air-? for a farmer to ."ourcl !t.fri"v to maki; J ne-'l.-il imrrovt-ni'-titi" r for tic;; rr.r-, Chas of live stock, ana it will f;' also for the laiulU-ss man to lurcl.aso t farm, accord Inpr to a recent julii.Uion j of th'i Dcpartrm-nt cf Atrri':uUirf , (Farmers' luillctin 702) ontitl-d "Howj the Federal Farm I-oan Act i:.-m-::ts tho j 1'nrmi-r." j I.oaa 5 to 40 Years. j Th? Fcd.--Al Innd banks ,.s'nbu?hcl icr tliis act will stand r'-ndy a' n.l tinn-". it Is expected, to e nd ir.onty f-' farmers on f arm-mortififre security. The 4!trrst cl'.a -t-s will I-- t,i.t more than

b per cent, nor moru tlwm 1 I'cr e n. (he ni'j pnid on the bond sold by tl'.o lij.iiks. It 4 '3 ("T ciit lund should be i.-u. d, tlx r, ;",TC tho rit.charsroij on hns would ", ' p r e n; or lc;. There will no r'ur!.iMin it I'or.n.-cs. TIt; I'jans vi! t'o irad,- for pr-rlo-is of ttnio ranging from f lo 4'' years, thus 3'.n5 aw-.y with tho trouble ar.d expense of frc'icont n-nowal. The payment of a certain part oi th. principal nnirially or suni amm.Uly, v. ili; Ui.j intert. t. will be r.-iuird. Tho total payment, inr lud tlx; intfrvst. v i 1 1 be The sano f"r -a-h ".ir. and will b.- J.ist large enough ?n that the cn'ire principal will be (aid oft at tho f i.l of th period. The annual paynur.t thus reciuircd to pay off a lan of 5 1.00 ' ' .

with int! rent at 5 per cent. In 20 years, is $ - .'4. Can Pay Off After 5 Years. After p loan has run 5 oars 1 h ' borrower will be permitted to pay off the whole amount, if he desires, on any niP r.-st date, or to make partial payment.-, in addition to the regiiar installment. Tho reuir.m-.nt of mt-talitu- ii payments on the amortization fdin. )m outlined aboe, will serve, first, to cultivate habits of th.rir't in the borrower, and second, to make possible the i. icing of the leans at a lower rate of interest, since the Kradua! reduction of tlx- principal constmitly improves the security f..r the unpaid balfnce. Th" prlvi'.cjf of optional payments after the iir. t . y, ars leaes the borrowi-r fre, tx disc!;:trtfo liis ind, bl- dii'-ss before the -nd 'f the loan-period, if he finds it con'"t 'lient to do S'.,. The Foderal land bank will perform thri-e important services. 1 llic wi.l convert the security vhi h farm tin rtgacep afford into a negotiable fern:, kn jw n as farm-loan bonds. (2) 1'h"', will furnish additional security for the protection of thes- l.,nds. throurrti t'n i. itldtal and surplus, and thus nuKc tlx" bonds i:-.oj-; attractive to investors. ( :! i They will sell the land-bank bonds in the open inves'rn -nt market, which, f i r obvious reasons, the small farmer cnul

not reach, to advant.' ge. J athletic and a football veteran of ConNo Taxes On Mortgage. j necticut WVsleyan. at il Iddietown. Conn. The bxnds fire to issio-d in d-:ior. -! civilian f lothes were becoming out of I nations rang inn from ?.'r. to l.urtO. and ; fashion, so F.owlby J,)in,-d at Vinnipep.

i it is expected that the bonds of small' Aviation will b another experience I ! deii,,m inat ion w ill ui i,:iraAi' Ko in' In a varied rare r when IJovvlby takes j ' throxuh their appeal to ind i vio lais hi ; to the air. He ranch, d noir Missoula, i i hao not been in the habit of makii.K ! Mfnt.. find knows the range as well as j in ! hi. -nts. The bonds will 1 secured t iio stage. ', ; not only by farm irn.rtnaii. deposited J If he comes back from France when in trust with a government or iel ll (ti e, it's all over he hop- s to be- tie-re when ! j r. rfistrar of the land-bank district) but ; his old frat. I'.eta Theta I':. om 3 to-;

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The Quality of Your Stationery Eenotes the Progress of Your Business ''Printed at The Times' Job Department" Tells the Whole

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of Good Printing

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Books, Booklets, Pamphlets, Sale Bills, Letterheads, Cards, Bill Heads, Specialty Printing and Campaign Literature in Fact, Anything and Everything Pertaining to this Line of Work is Given Particular Attention

A Live, Up-to-date Business Man is Judged by His Printed Stationery

Quality is What You Desire Telephone 111

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also, as indicated above, by the capital , and surplus of the 12 land banks. ! lu.th tnortRaKCS and bonds will be i exempt from nil fori is of taKi'ion. How to Get Mons7. J Karni-rs v. ho . i' -h t. elc. :ln money from the Federal land hanks will ordinnriiy be o!Ht:"d t form local loar arsoeiations and to ffet their loans 'I through the.,-, erjiarii?.. ions. The local

j loan associations will improve the credit j I of their members and reduce the cost of j i their loans through the performan e or' I ; lertnin deiinite services, anion nidi j ! are the f -.'liowinK: Tho council ! -o cill-dl ; tlx- "lonn committee of the association j ' wiil appraise the property off. r.-d as :te-4 I curity ate! approve all applications for j ; loans whu-h are sent to the land bank., ; The, secret a ry-t reaniirer of the asscia-j j tion will transmit the papers and carry j : r-n all correspondence with the 'and ; ; bank relative to the loans. The asso-' 1 elation wii! in;,-irnr.t"o the morteates of;

j its 1:-, rt ' rs tl r liability : any ln- ! dividual member bina: limited, imwcvr, I to nn additional suia eqiint to th j ant'int of his capital stock. or ap

proximately to o per cent of his own loan. Will Create Safe Standards. On important f.irx -Hon of th ncv systeni will be to establish r.f standards for tlia farm mortn-n:-' busines of the Fnited Slates: for it is not proposed to .-xtend any credit except on the basis of proper escurity. In addition ' tlx" Indorsement of the local association, every loan must have the approval oT

J one of the salaried appraisers appoint -j ed by the pvx, ernment for the several I land brinks. ! Further, not more than in.nno 01a v ! be loaned to one borrowe r. txr ior' I than 5 )'er cut of the value of the j land offered as security r-His "P) prr cent

of the value of the buildinKs: and the money must be used for specified pro

ductive piur'pos'-s, such

Ifetlur for the yearly reunion.

SIIKIHFFS SALE.

No. State of Indiana,

11075. i !

(ss: County of Lake, ) j Fake Superior Court. September Term, j 191j. j HOME r5CTI.PIN'T LOAN" A- SAVINGS j ASSOCIATION', A COHrO RATION OF LAKE COFNTV. INDIANA, j vs. AMERICAN' TRl'ST & SAVINGS RANK, ' ADMINISTRATOR )F THE ESTATE

1 OF JOHN J. KOCH. J. H. TOUCHE. i ! A F.ACHEI.OR. ET A I..

; By virtue of an order of sale to me J directed from the Clerk of the Lake I Superior Court, I will expose to pub-

; lie sale to the hiRhest bidder for cash ! ; In hand, at the east door of the Court j ! House in Crown Feint, Indiana, on j 'Saturday, the 24th Day of j j February, 1917. j ! between tho hours of ten o'clock a. rn. ' ! and four o'clock p. in., the rents and, i profits for a period not exceeding seven j ! years, of the following described real j ! estate, to-wit :

Lot eighteen (IS) and the south half ! of lot seventeen (17) In block seven (7) of Rolling Mill Addition to Hammond. Lake County, ; Indiana. If said rents and profl's will not se! for a sufficient sum to satisfy said decree, ; interest and costs. I will at the.samo

time and place offer for sale the fee! ' simple in and to said real estate, or so : much thereof as may be sufficient to ; satisfy said judgment, interest, costs ;

and accruiiiK costs. Said sale will be made without relief from valuation or appraisrmrnt laws. Taken as the property- of American

s the purchase Trust - Savings Lank. Administrator of

of farm land, improvements, equipment, the estate of John .1. Koch. J. H. Youche, fertilizers, or live stock, or for the pav-, n bachelor, et al.. at the suit of Home

j merit of existing indebtedness j ruildmsr Loan & Savings Association, j The Feib-ral Firm Loan Hoard of the! a ccrporajion of t.ak County. Indiana. I Treasury Department. has Keneral1 LEWIS L. FAF.N'I-.S. ) rharire of tbe tvsl.-m Tho r k-r. ,r Sheriff. Lake County. Indiana.

of Agriculture will cooperate with the board in supplying information and

i rendering" assistance to farmers who de- !

siro to take advnntaffe of th Federal' Farm Loan Act. especially with reference to the organization of local loan'

nssorin 1 ions.

.T. K. Stinson. Atfy f. Jan 2S Feb 2 3

r Plaintiff.

SIIKHIFFS SALE.

WAR NEWS

No State of Indiana,

BY H. W. (United Press Staff Correspondent.) L"N"rN. Jan. 21. Robert A. Bowl

by. American, whose tlanririfc evoked: a thousand variations of "aiVt he graceful?" from Broadway to Port'nnd. ore..' nmv join Vernon 'asii,- in tlx- clouds before winter is over. The fi rmer star: of stape and ballroom is now a lieu-! tenant in the Canadian forces, camped ;

in England awaitiriK

Bowl by 1

After month- of mud-wadins' in camp,

Bowlby was Oiscovere, m London, j between the hours of ten o clock a. m. eapcrly watcliinft the af u-moi.n dam-ers j and four o'clock p. m . the rents and at. one of the leadinn hotels. He seemed i pr-ofits for a period n- t exceeding seven

rind to be back in "Che life" aain, if 'years, of the following" on!;,- for tlx- short d iiaC r. ,f In- li i.c i ,.s;ate, 1o-vit :

It seems like I.io.-xIhhv jr days r.ot th!

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( s s : County of Lake, ) Lake Superior Court. November Term. 151.0. FIRST NATIONAL BANK OF WHITINO. INDIANA. A CORPORATION", vs. ENVY FOYLO TOMPKA AND FAIL TOMPKA. By !rtue of an order of sale to me directed from the '. 'Icrk of thf Lake Superior Court, I will expose to public sabs to the highest bidder for cash in hand, at the east door of the Court House in Crown Point. Indiana, on

;:;;.er,o t.com:5:;:;:;:" 3 1 Saturday, the 24th Day of

eoruary, iui

YOUR OPPORTUNITY Profits in Life Insurance Companies The following affidavit made by tho s.ccre'aiy of th Prudential Life Insurance Company jn l shows what profus might bo f-s:.eced even in the first few years of a life in.-u;-rmco company's existence. Sicne this affidavit was made th? o:i:pany has increased its as. et--more than 7 times and it i ; toasonab-n to su-;;ioe its profits in proforrion: yet on oath fifteen years a-- . "he prepident of this company said: $329,363.00 FOR $2,200.00 WILLIAM EOBOTHAM'S INVESTMENT IN PRUDENTIAL STOCK IX CHANCERY OF NEW JERSEY, lit :v e. ri ) WILLIAM ROI'OTIIAM, et n!, ) Complainant, ) and i THE PRUDENTIAL INSURANCE ' COM S'AXV) Oa 1, d 1 r OF AMERICA, el ah, ) Injur.cti-.:;. Defendan's. ) STATE OF NEW JERSEY,) County of Iissex. ) Forrest F. Dryden, of full age, being duly sworn according to law, on his oath: 1 am Secretary of the Prudential Insurance Company of America, rne of the defendants in the above-named action. I have caused to bo prepared a correct statement of the transaction of William Robcthani, one of the complainants in the foregoing action, relative to the stork of said Company now and heretofore owned by him. The facts, relatinsr thereto summarized are as follows: The number of shares actually bought by Wiiiiam Robothrra was t!'"', of a par value of $n,00.iNV 20 of this number were purchased on the 13th day of October, 1 875, and $200.00 or 20 per cent was paid by said Robothara on account of the purchase price thereof; the remaining $8un.no was subsequently paid by cash dividends applied to the balance due on sail stock. The remainder of said 60 shares, or 40 sharrs. were raid for in cash by said Robotham on the 17th day of July, 1879. making a total cash outlay bysaid Robotham for the purchase of said original f0 shares of stock, of $2.20".0ft, which, together with the $800.0-) cash dividends applied towards the purchase of saol original shares, makes a total expenditure of $H0(i.0O. Said Wm. Robotham subsequently received from said Company 913.97 shares in stock dividends, declared from time to time on his said holdings, said 911.97 shares iiavine a par value of $45,69S.50. Thus the said Rcbotham has owned in the past 937.97 shares for which he paid out in cash the sum of 2,4"'',.Oi. He is now the owner of 600 share. Therefore, ho has sold 373.37 shares, which, at ' an average price of $27.'i.0O per share, and I believe this amount to be far below the price realized, netted him $102,841.7". During the time he has owned stock in the Company, he has received in the way of dividends in cash a sum amomiiinsr to $4t"-.e2 1 and he still owns f.00 shares, of a par value of $30.ii0.00. which at $G0n per share--the price offered by the Fidelity Trust Company to Prudential stockholders would net him $1 'Vno '. Should he accept the offer of the Trust Company, he would receive altogether, as n return for h's investment of $2,200.00 the sum of $329.3r.3.''. Sworn and subscribed before me this FHh day of November. 1902, at Newark, N. J. THEODORE 1IAMSON, (Spat ) Notary Public of N. J. THE ABOVE AFFIDAVIT REDUCED TO FIGURES: Par value of shares - - - $ 50. CO Purchased October 13th, 1375, 20 shares and paid 20 per cent 00 same, amounting to. - 20C.C0 The balance, amounting to $EC0.C0, was paid in cash dividends. Paid for 40 more on July 18, 1S79, in cash - 2,000. CC Received in stock dividends from time to time 913.07-100 shares, par value 45.698."; Sold 373.97-1C0 shares, minimum price per share $275.00 . . 1C2.841.7-;. Received in cash dividends -46,52.6 Price offered for 6C0 shares still held 180.C00.CC

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j when dancing; was 'ii ' C M! l v . "The -e coup j enthusiastic as Am.

j it may be just the len--t I wondering if the or----- i j "SkMlnir will hardly t i held tbat ilaiii iiif id in ; dot r ice is too 1 v jar. T-'i likely to b-aru sk

1" said re minis

don't appear a11s nnd. I hooch on. an way, I ni Isn't fad inc.

('V), in Joriten Laui'izeii

$ 2.200.00 $329,363.6': S 2.200. CO $329 363. i"!

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half of lot s.-v. vision of pa rt of 1 i irier of the So--.:! of. Section Six (".",

OUTLAY AND RETURNS

There Is No Reason Why a Company Such As We Arc Oruizirirr Cannot. Duplicate the Record of The Prudential.

The young eorapan;,:

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; di ! daixinK".

i aviation." j The dance er; j the ime the C j reached the 1 ; !::K she t.tr.M" 1' i ily fo-t rotted ' of the ri'-w- pr I Little more ! , in charge of th i men s in a

I ri. ad-owned hotels. Calgary iv:tori.i and Winnipefr I towns and thousands o

ike tlx

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and part r-f the rxnha--' of the Nor'h'vcsr quartc ( .on Seven (7). To v. nshi. s.n (S7 ) North R,ii,(?e

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: Bowlby about riion and Irene ir fame. Join-r-any. h- speedto the on of

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nan a yeaj- sc, he was - cateriiiK and entertamnadian systexi of r"iil-

,"a n-ouv e r, Bowiby's C.'nad ians

West of the Second V. ridian, in Lake ' '"lar y. If s:iid ri nt and profits, will t-., sufficient sun: to satisfy said

torest and costs, I will at the and p'.ae, r ff.-r for ;.a'e the fei and to said real os:ate, or

thereof as may b sufficient to said iudenient. inter-st, costs and a

insr costs

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in," time simple jo

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Siii sale will be made with-

hxn tb's fo'llMtl'.. O-ll r.e! t X It" SeO' .-: :' V. I

You r."W have an f-i'i 'tuni: v t - buy s pany orcanir.inc in C.ary, Ird.att.-t. one x United S'a'es wilh : ler o : . p. .t t un i T : -s f;

pany than had tit- Pr.Mn:a! at the tmv i s';:rl--i. If you wan: n-i-l:t i ma' ion a- to not'-: s r-nd sa fety Invest.m. : of oh! and Young Life In.-iur.m-e Ci'n:i!."f-:'-:: en o-r an i ma'l tho attach'-t; coupon, today.

Willi

stepped the new nxasur

1ucT?d affairs. Cantidians were enlis'ins; every day. Fowlby's friends melted from sight as the transports carried new contingents over seas. He 1 over six feet tall.

out relief from valuation or appraisetrier! t law?. ' j Taken s the proper y of Fnny Poylo Tompka and Faul Ti-mp)ta at th suit of i the First National F.ank of V.Ti i 1 1 r. e, n corpora t if n. LEWI? E. BARNES, Sheriff, Lake County. Indiana. T. J. Sullivan. Atfy for Plaintiff. Jan. 28 Feb 2

Gary National Life Insurance' Co. 3C5-5 GARY THEATRE ELi'-DlNG. GARY, INDIANA. Plfnso sou' without- obligation t 'no full particulars. Name Rtrer-t and Xninbrr 'City CUT OUT AND MAIL THIS COUPON TODAY.