South Bend News-Times, Volume 37, Number 134, South Bend, St. Joseph County, 13 May 1920 — Page 6

THURSDAY MOItMNfS, MAY 13. l'J21.

THE SOUTH BEND NEWS-TIMES

LOUISIANA MAY ACQUIRE LARGE TRACT OF LAND

CLAIMS OMAHA WILL BECOME BASE DEPOT FOR U. S. MAIL PLAiSES

Bill Now Before Ipi-lature Regarding; Purchase of Property on Gulf. NEW ORLEANS. May 11. If tfco lrjriylatur pab-s a. l-ill f a ct ptnn'ro, IvOuliina will have ac-iuirM a veritaWc Empire of th- WiM. utrf.rhint: nlor.K th C.-.ilt -f M'-x-Jco for ;i di.-t;m-- of 7 3 miles an-1 rorr.iTlu!r,q an ara of 500 fc'iu.i Thp bill of affftanoe 1 only Iorn;alUy ar.-l the Mite rnr.yfrv.ition department ;ilra'ly lias lcun to outline th work r.r .-ar:' to lifop the tract 5 nfe for th' cre.itlirci of the wild. MarvJi T.atl. Th property cor.t of Mirsh Island -with Tfc.SOOO acres of l.in-1 purchnüert y Mrs. Ku.-.ll Sa an! givon to the stat-. as a rime nfus-i a tract of 8 5.0 0 0 acrts In Vermillion and ('am'rnn parishes on tho

co.iat jrlvcn by the Kock' foil r Foun

dation. Adjoining Mar.sU Jxiana

OMAHA, Neb.. May 12. Omaha i.s to h f om, within two year, a It.-w depot for COO air mall pianos, according to Col. J. A. Jordon. chief of construction and extension of the air mall f-crvlcc. Kach of the pianos to be used In the Now York-San Francisco mail ervlcp nnd the radiatlr.tr brsnehf. is to be so constructed that within a dny they could he transformed Into Jihtin aircraft, he .cilJ. "Omaha has licn l'-sinat.i for th l n.ee 1 cause of ItH toporiphical conditions and Its central location." i-alil Col. Jordon. "In cas- of trouble a battle" plan-, converted hor, coull roach const or border in from lo to 20 hours." Coi. jordon, who is on an Inspection tour of landlnt? fiel. Is. predicted that within a year mail will ho transported from const to con.ct In 2C, hours. The plans contemplate that. h3 said.

4 Per Cent Paid On Savings Deposits Condition of the American Trust Company South Bend, Indiana At the close of its business on May 3, 1920. RESOURCES

reit

Report of Condition

Hati

! Loans and Discounts $3,234,816.32 Overdrafts

South Bend Indiana At close of business May 4, 1 920. RESOURCES

Loans ana Discounts . . . .;. . . .$2,1 70,731.08

Overdrafts Bonds and Stocks U. S. Bonds and Cert, of Indebtedness Company's Building

Furniture and Fixtures

I Other Real Estate

2,106.82 U. S. Bonds to secure circulation

259.37 200,000.00

197.107.95 Other bonds, securities, etc 653,800.16

the present state panic farm

!and hMnnzincr to the McIHunny in

terests of 60.000 arres. Lyinjr botwen Uh prime farm and the nockefeiler tract in what te known nn the Grand ' Che nior tract of 8 5.C00 which the state expects to acquire in the near future. This will pivo TxMiisiana what is believed here to be th proatost wild Ufa refuce in the world. The croat domain 1? patrolled by a cents of th e conservation commission and on it fi.ll ports of camo are protected and propagated. Edward A. Mcllhenny. wealthy rait mine owner, has Riven preat tracts of lands an well as larpe sums

of money to all in the work

Originated Flatted UMlk in 1383 The noma, "Malted mw devised by Horlick, has been appropriated by others. Onlj t7 the Original H tick process,, which imitators do not reproduce, can the full food values and flavor of Malted Milk be obtained. The medical profession everywhere has endorsed the Original product for over a third cf a cr'-iT. AvoH Irrvf:onn.

Condensed Statement of the Condition of

The St Joseph Loan & Trust Co. South Bend, Indiana, At the close of business on May 4, 1920. RESOURCES.

d Discounts $2,611,623.01

Due from Banks and Trust Companies. Cash on Hand Cash I terns Federal Reserve Bank Stock War Savings Stamps . ,

96,2 1 0.07; Stock in Federal Reserve Bank

80,000.00 1 Furniture and fixtures 20.518.61 Red emption fund and due from U. S. Treas. 17,005.10 Other assets

4öU.3U3.97 : CASH

73,062.73 With banks .$653,359.91

42,463.82 In vaults 280,974.95

9,850.00 171.60

Total Resources $4,253,616.99 LIABILITIES Capital Stock, Paid In $ 200,000.00 Surplus 128,000.00 Undivided Profits Net 45.039.75 Demand Deposits, Except Banks 1,334,954.03 Savings Deposits, Except Banks 2,372,771.54

21,600.00 7.278.00 5.000.00 1,382.61

934,334.86

Report of Condition of the Merchants National Bank At South Bend, in the State of Indiana, at the close of business on May 4th. 1920. RESOURCES.

including

Loans and discounts, rediscounts

owned : circula-

Total Loans , Overdrafts, unsecured ,

i U. S. Govt. Securities I D T-rif4 . ......

vpvjjitu vu secure

tion ................. Pledged to secure postal savings depoaits (par value) Pledged as collateral for State or other deposits or bills payable Owned and unpledged .... War Savings Certificates and Thrift St amps actuallv

$1.183,310.56 1.183.310.56

1,183,310.56 2.973.17

Trust Deposits, Except Banks.... Special Deposits., Except Banks Certified Checks Due to Banks and Trust Companies Cash Over

23,829.92

4,500.00 19.581.44 124,655.77 284.54

r..j-c 4o.lb

VJVCIUIUU3 nQ7 r, J4 Bonds and Stocks 9.516.44 Liberty Bonds 20,353 .20 Real Estate ' 2,4Z9.öi Due from Banks and Trust Companies 65.736.96 Cash on Hand ,904 91496 Trust Secunties I.VU4.VI4.V0 $6,298,234.14 LIABILITIES. Capital Stock 000,000.00 Surplus 150'000-00 nividrnds Unnaid ' 79.00

Interest, Discount and Other Earnings 46,684.351

Demand Deposits, Except Banks , W W Savings Deposits, Elxcept Banks I,VU4,ZZ.VÖ Trust Deposits, Except Banks 155,084.85 Certified Checks ''i Due to Banks and Trust Companies. ...... 330,740.95 Trust Investments :. . 1,904,914.96 Reserve for Taxes 7,521.00 $6,298,234.14 OFFICERS AND DIRECTORS St. Joseph Loan and Trust Co. r? C 9rnripn?nn President

Jacob Woolverton Willis A. Bugbee . George U. Bingham Harriet E. Elbel Elmer E. Rodgers

Vice Prest Vice Pres't Secy and Treas. Cashier Asst Sec'y

DIRECTORS.

J. M. Studebaker W. A. Bugbee Jacob Woolverton L. LeVan George M. Witwer D. E. Snyder F. S. Fish G. U. Bingham R. C. Stephenson Statement of the Condition of the St. Joseph County Savings Bank At close of business May 4, 1920. RESOURCES. "Loans and Discounts . . . . . .'. $2,261,282.67

U.S. Govt. Bonds 310,028.59!

Municipal Bonds ... . T. ........ 415,722.74 Due from Banks . . 530,014.91 Cash on Hand 45,461.30 $3,562,510.21 LIABILITIES. Due Depositors $3, 1 70,489.75 Surplus .-. . . . . .-. 340,000.00 Interest, Discount, Etc 52,020.46

Total Liabilities $4,253,616.99 OFFICERS Sam Leeper - -- -- -- - President S. C. Lontz Vice President J. B. Haberle ------ Vice President E. H. Miller - - - - Secretary and Treasurer V. M. Royer Assistant Secretary J. A. Coquillard - - - - Assistant Treasurer DIRECTORS Sam Leeper. E. H. Miller W. F. Miller S. C. Lontz J. A. Coquillard H. M. Sanders J. B. Haberle A. A. Fulk H. J. Lederer State of Indiana, County of St. Joseph, ss: I, E. H. MILLER, Secretary -Treasurer of the American Trust Co., of South Bend, do solemnly swear that the above statement is true. E. H. MILLER, Sec'y and Treas. Subscribed and sworn to before me this 8th day of May, 1 920. CARL W. GINZ, Notary Public. My commission expires August 26, 1923. Start A Savings Account At Once R. M. JOHNSON, President.

LOUIS C. KREIDLER. Vice President GUS HASLANGER, Cashier: FRANCIS W. VAN ANTWERP, Ass't Cashier

Report of the Condition of the South Bend State Bank A State Bank at South Bend, in the State of Indiana, at the close of its business on May 4, 1 920. RESOURCES Loans and Discounts . . . 1 P $125,864.90

Overdrafts . . ..... U. S. Bonds Other Bonds and Securities Banking House Furniture and Fixtures . ... Due from Banks and Trust Companies. . . . Cash on Hand Cash Items . ... . . . Current Expenses

$3,994,386.08 OFFICERS A. L. HUBBARD President J. M. STUDEBAKER, JR Vice President CHAS. L. ZIGLER . ... . Cashier C. J. WHITMER Ass't Cashier J. H. BUZBY . Ass't Cashier DIRECTORS . F. H. Badet A. G. Rumpf J. C. Ellsworth J. M. Studebaker, Jr. J. R. Haughton C. L. Zigler A. L. Hubbard R. C. Stephenson

$3,994,386.08 LIABILITIES

c t, t Ann nnn nn owned

Surplus and profits (earned) . ., 1 55.634.95 j 0thcr ondiVieOTiieY. Vre.

Circulation 9ot 00.00 i Bonds (oth er than U. S.

DEPOSITS bonds) pledged to seci're

Individual $3.050,368.30 p!?I

Bank ., 93,282.63 3,143,651.13 0u"""' h an u a.

uunus vnoc including stocks) owned and unpledged Total Stock of Federal Reserve Bank (50 per cent of subscription) Value of banking house, owned and unincumbered Equity in banking house Furniture and fixtures Real estate owned other than banking house Lawful reserve with Federal Reserve Bank Cash in vault and net amounts due from national banks . . . Net amounts due from banks, bankers and trust companies Exchanges for clearing house. . Total Checks on banks located outside of city or town of reporting bank and other cash items Redemption fund with U. S. Treasurer and due from U. S. Treasurer Interest earned but not collected approximate on Notes and Bills Receivable not past due Other assets, if any

100.000.00

15.000.00

65,000.00 26.750.00

1.228.67

207.978.67

50.500.00

100.334.76

Condensed Statement of the Condition of the

ationa

III pfw

icq n 4

I IJU.7f r 1,080.46 38,738.90 31,173.70 11,382.60 23,364.95 14,780.08 12,169.23 4,314.06

At the close of business May 4, 1 920. RESOURCES. Loans ana Discounts : $2,440,436.79

Overdrafts . . 1 ,486.65 U. S. Bonds 463,800.00 Bonds. Securities, Etc 127,094.78 Banking House and Real Estate 87,31 1.23 Due from U. S. Treasurer 20,000.00 Cash and Due from Banks 773,814.06 $3,913,943.51 LIABILITIES. Capital Stock $ 400,000.00 Surplus 200,000.00 Undivided Profits 29,275.34 Circulation - 389,000.00 Deposits 2,895,668.17 $3,913,943.51 OFFICERS Citizens National Bank

Chairman of the Board President

40,000

179.084.07

150,834.76 5.100.00 40.000.00 5,272.12 1 1.486.56 72.530.44 147.672.36 5.865.45 25.546.26

828.64

5.000.0G

4.500.0C 34.395.47

C. Fassnacht Clement Studebaker, Jr. Geo. L. O'Brien W. H. Holland A. D. Warner G. H. McMichael R. G. Chalfant F. J. Schumacher H. P. Rausch

Condensed Statement of the

Total Resources . . . . . . $263,027.82 LIABILITIES Capital Stock paid in $ 47,150.00

Surplus Exchange, Discounts and Interest . Demand Deposits $115,695.03 Demand Certificates ...... 5,275.00 Savings Deposits 77,895.48 Cashier's Checks . . . . . . ... ...

11,818.75

2.776.76

198,865.51 2,416.80

$3,562,510.21

OFFICERS St. Joseph County Savings Bank

Jacob Woolverton

Rome C. Stephenson

Benj. F. Dunn George U. Bingham Harriet E. Elbel Elmer Rodgers

President

Vice Pres't Vce Pres't Sec'y and Treas. Cashier

Total Liabilities $263,027.82 STATE OF INDIANA, COUNTY OF ST. JOSEPH, SSI, GUS HASLANGER. Cashier of the South Bend State Bank, do solemnly swear that the above statement is true GUS HASLANGER.' Subscribed and sworn to before me, this 8th day of May 1920. m RALPH H. KUSS, Notary Public. My commission expires March 1 4, 1 922. Condensed Statement of the Condition of the

t-armep

Vice Pres't Vice Pres't Vice Pres't Cashier Ass't Cashier Ass't Cashier Ass't Cashier

itizens Tmsst & Savings Co.

At the close of business May 4, 1 920. RESOURCES. Loans and Discounts , $2,178,040.86 Bonds, Securities, Etc. .: 699,983.00

Cash and Due from Banks 239,196.03 Other Assets,... 142,183.14

Total LIABILITIES. Capital Stock paid in Surplus fund Und ivided profits Less current expenses, interest, and taxes paid Interest and discount collected or credited in advance of maturity and not earned (approximate) Circulating notes outstanding. . Net amounts due to banks, bankers and trust companies Certified checks outstanding. . . Total Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days) : Individual deposits subject to check . . . Certificate of deposit due in less than 30 days (other than money borrowed) Total of demand deposits (other than bank deposits) subject to Reserve Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings) : Certificates of deposit (other than money borrowed) ....

29.785.56 16.870.34

$1.903.294.46 $ I00.000.0C

70.000.0C

69.471.35

12.915.22

2.500.0C 96.300.0C 58.535.4 10.935. 36

719.507.31

237.79

719.745.10

$3,279,403.03 LIABILITIES. Capital Stock -.. $ 300,000.00

Surplus : : nU.UUU.UUi Undivided Profits 12. 15 1.80 J Deposits 2,817,251.23;

Ass't Cashier TRUSTEES George M. Witwer Elmer Crockett W. A. Funk

R. C. Stephenson jCOMBlNED RESOURCES ....$9,860,744.35

Jacob Woolverton B. F. Dunn W. A. Bugbee

As at the close of business May 5, 1920. RESOURCES.

Loans and Discounts $ 901,509.64 R. G. Chalfant

Furniture and Fixtures 21,260.56 Cash and Due from Banks 109,575.96 Other Resources 15,243.48 Total Resources $1,047,589.64 LIABILITIES. Capital Stock Paid in $ 106,700.00 Surplus and Undivided Profits 16,485.32 Bills Discounted 45.000.00 Deposits 879,404.32 Total Liabilities $1,047.589.64

COMBINED RESOURCES $7,193,346.54 Your Business Solicited, Prompt Attention, Courteous Treatment. OFFICERS Citizens Trust and Savings Bank John A. Hibberd . . Chairman of the Board Marvin Campbell ... . . . t President W. R. Baker . . Vice Pres't and Treas. C. C. Shafer Vice Pres't Miles O'Brien Vice Pres't G. H. McMichael Secretary

Ass t Secretary DIRECTORS

Citizens National Bank Citizens Trust and Savings Bank Fred A. Bryan C. C. Shafer Marvin Campbell C. Fassnacht W. H. Holland W. R. Baker A. L. Hubbard Fred W. Mueller C. L. Millhouse Clement Studebaker, Jr. Geo. L. O'Brien John A. Hibberd Miles O'Brien Geo. M. Studebaker A. D. Warner

259, 196.03 Postal savings deposits

Other time deposits Total of time deposits subject to Reserve United States deposits (other than postal savings) : Bills payable, other than with Federal Reserve Bank (including all obligations representing money borrowed other than rediscounts) ....

$3,279,403.03' Bills payable with Federal Re

serve Bank Liabilities other than those above stated

1 07.345. 1 24.999.04 593.335.35

725.679.56

40.000.00 60.000.00 6.683.23

Total

$1.903.294.46

STATE OF INDIANA. COUNTY OF ST. JOSEPH. SS: I, C. W. COEN, Cashier of the above-named bank, do solrmnly swear that the above statement is true to the best of my knowledge and belief. C. W. COEN. Cashier. Subscribed and sworn to before me this 10th day of May, 1920. CHESTS L. DU COMB. Notary Public. My commission expires N . 19, 1922. Correct Attest : ALBERT MYERS. J. E. M'ENDARFER,

K. C. DE RHODES, Directors.

Union Shoe Company 223 So. Michigan Sr.

SAM'L SPIRO & CO. 11.121 S. Michigan St. Ilomn of H. S. &l M. Clothes

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