Rensselaer Journal, Volume 11, Number 10, Rensselaer, Jasper County, 15 August 1901 — A WEEK IN INDIANA. [ARTICLE]
A WEEK IN INDIANA.
RECORD OF HAPPENINGS FOR SEVEN DAYS. Socialism Criticised by Lutheran Dele* gate*—Receiver Placed in Charge of a Bank at Avilla —Farmer* Organise to Exterminate Rapacious Wild Bea*t*. Coal Combine I* Feasible. It can be said on the best authority at Terre Haute that, as a result of the meeting in Chicago of the committee which has in charge the formation of' a >15,000,000 corporation to own the Indiana coal industry, the reports received from mining sections in answer to letters of inquiry recently addressed to all owners of mining properties, assured the committee that the project could be carried through. The offers of the properties which had been obtained expire this month, but the committee was informed by its respective members, who were selected by districts, that their inquiry had resulted in information that the so-called options would be extended until February. The committee thought, however, that the company could be formed before the first cold weather, perhaps by Oct. 1. Paper in Receiver'* Hand*. The Muncie Morning News has passed into the hands of a receiver on application of the stockholders. Until two weeks ago it was owned by a company, of which Fletcher and Cyrus Heath were chief stockholders. They are brothers of Perry S. Heath. Before that the plant was owned by Charles Nee>y, who is under a charge of embezzling Cuban postal funds. It is said Neely now holds a heavy mortgage on the concern. A new company, of which Charles McElwee is president, is nominally the owner for a few days. Robert Winter, managing editor, says tho plant will continue to operate under direction of the court. The assets and liabilities are not given. The company was capitalized at >25,00P. Names Receiver for Bank* In the absence of Federal Judge Baker from the state, Referee Chapin appointed E. B. Thomas of Fort Wayne receiver for the wrecked Avilla, Ind., bank on the application of three of the heaviest creditors. Mr. Thomas will serve until the creditors meet and choose a trustee in bankruptcy. Attorney R. p. Barr of Kendallville, representing H. W. .Leach, the missing banker, has promissory notes amounting to >1,400 and certificates of deposit amounting to >2,000 in Denver, Col., and Bunker Hill, Ind., payable to each one. Liabilities will reach >27,000. The bank may pay 20 cents on the dollar. , pecinrv Wrong. At the fiesslon ?! ‘he 350 delegates to the Fort Wayne conference of ih* Lutheran synod at Fort Wayne tijjl theories and teachings of socialism were bitterly denounced. The assertion was made that socialism was contrary to the teachings of the Bible, Rev. Mr. Katt of Terre Haute led in the discussion. He pointed to nation, al, state and municipal laws as effective in the government of the people. The attacks on socialism were continued by men prominent in the German Lutheran church. Pine Lake Aaaembjy Officer*. The Pine Lake assembly, a national association of Baptists in session at La Porte, and owning grounds at Pine , near Ixx Porte, has elected the following officers: Dr. W. T. Scott, Franklin, Ind.; vice-president, the Rev. C. R. Parker, Muncie, Ind.; secretary, J. Verne Dorland, La Porte; treasurer, the Rev. A. D. Barry, Indianapolis; superintendent, Prof. R.'T. Regan, Chicago; custodian of grounds, L T. Harding, La Porte. Uphold* Cruelty to Baaat. William Hess, a wealthy citizen, was in the police' court at Evansville on the charge of cruelty to animals. His neighbor has %calf and the other night Hess could not sleep 'for the calf’s bawling, so he tied its mouth with a rope. The judge released Hess, saying he believed he would have done the same thing. The police authorities say they will appeal the case. Wolvo* Annoy Farmara. A pack of wolves has appeared in Noble township near La Porte, and farmers report raids on their stock. They are believed to come from the Kankakee region and their howling at night can be heard for miles. Posses of farmers are being organized to track the animals and kill them. Bank Declare* Big Dividend. i The Indiana National Bank of Indianapolis has declared a dividend of >700,000, or 283 1-3 per cent Of this >450,000 was declared out of surplus and >250,000 out of undivided profits. The capital stock was increased from >300,000 to >1,000,000. Wheat Destroyed by Fire. One fifty shocks of wheat belonging to Jacob Deßoy, a farmer in the northern part of Tipton county, was destroyed by fire. The conflagration originated from the sparks of a locomotive engine. Die* While Riding In a Buggy. George Cochran, an old soldier, and a prominent farmer, died in his buggy while going to Elwood with his wife on a trading expedition. Heart failure was the cause of his death. 7
