Illinois News Index

Libertyville Independent, 31 Jul 1924, p. 10

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4 + SPIRACY FALSE, .. ~ AesERTS SMALL Other bankers felt the same way about--the proposition, --the governor went on to say. J But the Corn Exchange Bank didn't eare much about taking so much money, the governor continued, since they preferred to "confiné their busi-- mness fnore to a commercial business." Finally, after finding that banks would buy up no indemnifying bonds, Governor Small said he went to his brother, Judge Small. His brother, the governor said, did not believe indemnifying . bonds made so much differencte, since it was an unsettled question whether a bank <organized unuder the laws of the state of illi-- mols or under the national banking laws, could take a part of the assets Of their bank and give them to any @epositor making -- him in 'effect a preferred depositor or creditor of the bank. We talked about private banks. He said there was no ques tion but what --a private bank could do it because ho didn't have the same restrictions to work under that a state banker, owned, all of his prop-- erty was back of his depositors in mer we would get a large sum of money. ~Realizing that, under-- the laws, it was necessary to make de-- posits of the funds which would--come into the treasury I went to Chicago and called on a number of the large banks. I think I first went to the Corn Exchange, one of the largest and most substantial banks in Chi-- ©When Governor Len Smal itook Che 'witness stand before the Master Un Chancery in Springfleld, Tuesday, *to testify in his own behalt in the elvil charges that have been brought * 14--To deny every charge of in press dispatches Tuesday. Despite a barrage of objections on the part mt Kankakee, he said, after he had purchased ten shares and Edward C. 'COurtis purchased 140 shares. In 1903 through the efforts of Mr. Curtis, a consolidation of the First National Bank and the Legris Brothers private hbank was <brought about. and Mr. Bmall became president. The bank became the First Trust and Savings Mr. Schroeder: (Q) Was the Grant Park bank a state bank, a private bank or a national bank? (A) The Grant Park Bank was a private bank, owned by Edward C. Curtis. at certain seasons of the year but there was still another reason. _ 1 was insisting upon collateral con-- alsting 6f municipal or government bonds of commercial paper which could be readily and quickly turned Iinto cash. Practically no downstate banks carried that kind of collateral in sufficient quantity, I talked with I talked to Senator Curtis 1 had wone over these matters with bim and hbe finally told me that if 1 wanted him to do it and wanted to deposit the money in his private 3 that he would undertake 4o eare of those funds which 1 eould not deposit detinitely, perma-- '.rv. and would buy such collateral as I indicated and pay a reasonable rate of interest on the money. governor told a straightforward and convincing story. Details of his testimony, resumed from the point where it left off in press dispatches Tuesday, are <~as follows : The state Jaw limited state banks to 15 per cent of their capital in making loans and the natiogal bank limitation I believe was 10 per cent which limited the state banks down-- state to a rather small amount com-- parative with the large amounts which the treasuret would receive HAS A FOURFOLD PURPOSE «Eainst him by the attorney general he chad a fourfold purpose: Bank of Kankakee. j "Governor Small testified that he was interested in a warehouse and an office building and the structure eecupied by ths Kankakee Daily Re-- publican, of which newspaper cor-- poration he is treasurer and director. Mr. Small then plunged into his banking enterprises. He was made a Yirector of the First National Bank --KRdward G. Curtis, declared Gov-- ernor Small warmly, was an "abso-- lutely honest man of the highest character." « _ Then Attorney Shroeder brought the governor right down to the now ¥amous Grant Park Bank, the storm center of the interest battle. > -- (Q) Did you thereafter make posits in the Grant Park Bank? --_CA) Yor alt. deposits in the Grant Park ?'.* He admitted that his deposits in the Grant Park-- Bankran into mil-- lions of d@ollars and declared he started making the deposits in 1911 when times were very dull and mon-- ey:--was plentiful. Rates of interest 8--To settle for all time the charges of his political foes that he was afraid to take the witness stand and sub-- . mit to cross examination by the battery of attorneys for Brundage. '&4--To explain the business ven-- tures which have resulted in his present wealth. | How successfully he accomplished is purpose was told in this paper &--To explain why and under ~ what conditions he deposit-- ed money in the Grant Park mw of Actions - State Treasurer, .~~ Blow to His Foes. many others besides judge Jjir. Before starting to s of state funds with tk Bank, Mr, Curtis do-- me collatera) of differ-- ord® collateral M"a,.um r': tfi glmnmmmmmmuuummmmummuumum (A) Yes sir, 1 carried insurance on it-- in the name of the state of lilinois-- for ~I think $2,000,000, To the last minute detail, this bit-- terly' contested and variously con-- strued interest story is to be told before this extraordinary midsummer master's session is conicluded, 8. M. Safir and wf et al to H. W. Schmidt and w{f jt tens W. D. $10.00. _ (Q) MHow far is Kankakee from Chicago by rail? 4 (A) +1 believe fifty--four miles. (Q) What railroad connects these two cities? (A) Illinois Central. (Q) When you received collateral from Edward C. Curtis did you gen-- erally réceive it in Chicago?t ~ (A) Yes sir. | (Q) -- And what train did you cus-- tomarily take to Kankakee in bring-- ing your collateral --down? ~ .(A) Train d4eaving Chicago about one o'clock and reaching Kankakee about 2:30,~ --@@z=--»-- (Q) Did that give you time to reach the bank and this vault be-- fore it closed? m». .' (A) Yes sir, ° (Q) . Was there any insurance placed upon this safe in which you kept this collateral? 1 JULY 26, 1924. E. R. Moore and wf to H. Druce and wf jt tens W. D. $4300. St. $4.50; Lot --28, Moores Addn to Grayslake. H. M.--Fiorence and wf tBP Gladys Hamilton W. D. $500. St. $.50. Lot 8, First Addn to Lewin PkK. 8. M. Safir and wf et to P. Mc Grain and wf jt tens 'W. D. $10. Lots 27 and 28, Bik 1 and Lots 31, 32, Blk 2, Marion Terrace Subdn. A. YV. Foster and wf to Louise Pin-- coffs W. D. $10,00 St. $35.00,. Pt of Lot 231, Lake Forest. C. Van Deursen and wf to Matilda Van Deursen W. D. $800. St. $1.00. Lot 13, Blk 3, Ravinia Highlands. D. R. Manzer to A. Born W. D. $10. St. $.50, '(Lo# 10, Blk 1, Deep Lake Villa, Sec 34, Lake Villa. C. D. Smith and wf et al to W. F. Hogan Q. C.--D. $1.00. --Pt. of Lot 35, Highwood + ent kinds to cover any deposit which 'hhfi and 20, Blk might be made. L. 'Beyer Jr., to 'w-?'flhmmmn "M -ir. he always gave me deposited i p::um"::flo'x ed by a eJu&".'u. * (Q) Where did you keep Ahese certificates of deposit and the collat mlkgivn to you by the Grant Park (A) 'They were kept most of the time in my safe in the vault of--the First Trust and Savings Bank of Kankakee part of the time in safety boxes in Chicago, part of it was kept there and sometimes at Springtfield. We Are Growing #*: It is necessary that the gas company grow as rapidly as the territory it serves. _ The territory served by this company is growing fast--theréfore we must grow so that we can take care of the new territory being taken in by the towns along our system. _ Get in touch with us and let us show you how you can acquire an interest in a company of this North Shore Gas Company All utility companies --must have funds to supply these additions and enlargements. -- _ We get our funds for this purpose through :he sale of securities, which are authorized by aw. | These securities are amply protected by good modern property. | Wouldn't you like to own an interest in a good, live, rapidly growing utility company? COUPON f North Shore Gas Company (Without obligating me in any way, please send me full particulars regarding your 7% investment and your savings plan, A j f Address ... .July 28, 1924. H. Maxted to F. M. Oul&.u-l wife, jt tens. Lots 14 16 16 17 l':; block 53, South Waukegan. WD 0. » f * W. P. Blunderfield and wife, jt tens. Lot 8, Pleasant Hill subdn. WD $§550, stamp $1. ; I' . Union Bank of Chicago, Tr. to P. Zelen and J. F. Bock, jt tens. Lots 1 to 10 in block 1, Woodcrest subdn, '80!-'- 11, Antioch, Deed $525, stamp 1. L. Oleson --and wife to F. J. Shel-- ton and wife, jt tens. Pts. of lots 6 and 6, block 39, Highland> Park. WD $7500, stamp $7.50. ; 6x A. Kapturaskas and wife to 'A. J. Saluckas, Lot 7, EK. J. Yeoman's subdn, Sec. 28, Waukegan. WD $10, stamp 50c. . + Ida Johnsom to J. P. Christell. Lot 5 in block 52, Washington Pk. WD. $10. . 8. M. Safir and wfi et al to A. R. Ohlson and wf jt tens W. D. $10.00. St. $.50, Lots 33 and 34, Blk 1, Mar-- ion Terrace J. Hudz:iak and wf et al to C. De Keyser and wf jt tens W,. D. $10.00. St. $2.00. Lots 12, 20, 32%, 42, 43, 44 and 45, Washbura PX --#* -- J. Smith and--wife to L. B. 'Ander-- sen. Part of Sec. 86, Vernon WD $1200. G. E. Krueger and wife to C. Goodman. Part of lot 4, Sec. 16, A. I. Axelson and wife to M. Bet-- misian and J. Torogian. Lot 21, E. A. J. Cermak and wife to J. J. Dousek.and wife, jt tens. Lots 2 in block 3, Grand View, Sec. 1, Anti-- och. WD $1500, stamp $1.50. Grant. WD $10, * ~6. M. Saftr et al to G. A. Burgess and wife, jt tens. Lots 1 2 16 and 17 in block 1 and lots 15 and 16 in block 2, Marion Terrace subdn. WD $10. § . Alice Yule Aroo and bus to H. Olander W. D. $1.00 St. $.50. B 25 ft of N 350 ft of E hf of Lot 11, Plat of Highwood. f Jelke Jr... W. D. $10.00 8t. $110.00. Pt of Lot 112, Lake Forest. R. B. Miller and wife to A. Strand. Lots 3 in block 4, Smith & Adams' North Addn to Waukegan. WD $1, stamp $1. Mary Louise Mitchell and hbus to G. F. Jeweit and wf jt tess W. D. $10.00 8t. $.50,,,,. Pt of LOt 45, Sec. 36, Deerfleld. ; O. Henriksen and wf to J. Hourigan W. D. $10.00 St. $.50. Lots 80 and 81, Lincoln Heights. Ellen C. Gremner to S8m. P. John-- ston W. D. $10.00. 8t.~$8.50. Lots 1 and 8, Blk 14, First Addn. to Port Clinton. . B. M. Safir and wft et al to J. Long and wf jt tos W. D. $10.00. Lots 85, and 36, Blk 1, Marion Teprace. _ E. C. Howard and wf to G. Binder and wf jt tens Q. C. D. $10.00. Lot 9, Howard Heights Sec 3, Grant. _ L 'Beyer Jr, to J. H. Walker and w1 it tens W, D. $1.00. Pt of Lots 2 and 7, Blk 2, Sheridan Heights. C. M. Evais to G. W. Evans and wi jt tens W. D. $1.00 St. $1.00. Lot 12%, Jamgs A,. Reeves Bubdn, Sece 16, E. E. Orove and w! to A. C. Wiese and wfi jt tens W. D. $10. St. $.590. Lot 64, Groveés KFirst Addn to Spene-- ers Hig Bec 24, Wauconda. a2 44 Thineth NC . "But the ---- with Lake county," was 'their expression of disgust to-- ward the law enforcers. Thus it would.seem the trucks go morth through the county into Wis-- consin. . Very few, if any, are com-- ing back the same way for the pres ent. -- Other routes must hbave been located, Beer runners declare that Ait that way. n: &t.uo cxtp;duioa by the sheriff county motorcycle police the other night proved the county is suf-- a truck is not an admigsion that he is hauling beer, but one out of every two guesses a week ago would have hit that way. frults, vegetables and regular cart-- ago jobs. That is the route for the established truck lines, 'Beer seems to be a matter to be handled from some central point of the county. That is where the truck traffic has fallen off, f flan&:m.'nuuw.nmu in b! © $, Burchell's subdn, See, 15, Deerfield. WD $10, stamp $7. . _ Beer raids did the work. Or at least that would seem the' logical reason why the ~trucks would be missing. ~Just because a--man drives Confidence in His Legs. s I was going to call on a friend who lived a consgiderable distance from my home, and when I said I would like to take Edwarg, wmy nephew, if it wasn't go far, he locked at me plead-- ingly and said: ~"O, auntie, please take me, My legs don't think that's {ar."--Exchange. 4 J. Yeoman's subdn, Sec. 28, Wauke gan. WD $10, stamp $4. H. D. Hill et al to H. F. Bishop. Lot 7, Hill & Stone's Shore Crest, Sec. 36, Deertield. WD $10, stamp $6. M. J. Nugent et al to G. Tamat, the county . concrete ~every minute two weeks ago would be offering a light estimate on the bearvy traffic. Now, ask any grateful motorist. The noisy, often road--hogging truck is almost an extinct mechanical crea-- Lake county roads are in the boule-- vard glass these days. To say there were bundreds of trucks battering up "EMPTIES GO . THROUGH" Beer Raids by Sharift Explains] PX 1ME I. N. §. + _ The Missing Trick :. -- | =<<<=<--=------=---------- RVVRJ TLWLR U +« |, Te mm AaRr RoAD: stiLL somg ||ECHOES FROM TRAVEL To Nortn | --THE STATE Traftfic. bads--svendtas Alici P c ninisrniniadisint TE > 4e d ns > S cirmccataind Pana, 1!1., July 31;1--In this season|ment. a of late and generally undersized corn,| -- In laying down the new standards, a stalk being displayed by J. H. Tem--|he keeps in mind the sudden official pleton of this city is attracting much demige of one Nicholas Milches, who attention. 'The stalk is 10 feet 6 lost his gurf, star ,club and what-- inches in height. Templeton says he haveyou after trying to fine a couple will also be on the program, _ The sale of the highway bonds will complete the disposal of the $60,000,-- 000 bond issue authorized by popular vote. The entire $9,000,000 will be needed to pay for highways now con-- ed at work on preparations for the event. -- Alexander Howett, former president of the Kansas district of the 'United Mine Workers of Amer-- are expected to .attend the (Hilver Jubilee celebration to be held by the lodge here Labor day, Invitations hay been extended to lodges in cities througbout the state. Governor Smaill has been jnvited to address the gath-- tracted for and largely under con-- struction, according to bighway ofi-- --~ The disposal of the soldier bonus bonds will leave only $2,000,000 of the ~$55,000,000 bond issue authorized for this purpose unsold. The bond issue is expected to complete the pay-- ment of all bonus claims. Farmington, I!l., July 31.--Arrange-- ments are being made for a large Labor day celebration here. Several committees of union men are renort-- ica, has been secured as principal speaker.. A. W. Kerr, SpringfNielg, to the premium list, _' 9 But this (does not mean that the mausmm" bn: the here Beptember 13 """""m'mbny. Inter-- est in the bringing up of perfect bables, as well as the growing of high scoring bulls and hbeifers is in-- creasing rapidly, they believe. They predict the better baby conference at the fair will--rival in interest any of the other departments.-- Fully 1,000 babies are expected to be entered. By International News Service Bpringfield, 1A1, July 31.--More than $30,000 in premiums for cattle and only $500 for babies! This is the way. of the llitnois state P'Qmflm acbording Peoria, 111., July 31.--Modern Wood-- Thursday Friday and Saturday Light Ground with colored Stripes and checks. Regular $1.98 value the t4%f AAM yard 88 inch Figured Cantons And Crepe--de--Chine Large variety of pattorns for y:n'ro ;o.l::uo::h.. Values <-- up -- to :Ird .'.....)-. slogs 36 inch Imported Ratine These are Imported -- numbers, s;nnto«l fast, washable colors. rge variety of patterna for your selection, Regular 7' 98¢ value, the yard............ A7C Small and medium size checks. ul:ht':l'd. dn.r,:. ground, Reg-- ular ¥ ¥ 6 36 inch indelMibell Buiting tuu mercerized guaranteod fast col-- orsa _ Tan, rose, yellow, ', Invender, the yard.... ........ fl 40 inch French Voiles 36 inch Tub Silks 36 inch Indellibell _: $1.69 7 g T% -- Y . Timg _0 2y 'Sout . =. Jnr -- / k a~.> _ _ m * Pe eE dPhe oi ut es $ ap s "The Best Stove --On the Novth Shove' =--======= l4¢f_e2{~ JUIY JAE 5. Aifl in @> CQrANl eb (et) -- M ¥is. : b '.év!---' ..: < »J~I"V" -- summer q «CJYA s § w e w aDprIcs believed to be part of the plan of the North Shore line to operate its railroad extension along 'the North Shore under one bhead. A permit to make -- an extension from --Chicago along the North Shore to Waukegan, a limited train royte, was made by the Chicago, North Shore and North-- ern railroad. To consolidate the two companies would bring both under the same head. * 'A uniformed policeman, with the qualifications of a-- gentleman and law enforcer, will get the job in the T. J. Stabl, president of the park board, is authority for that state "UNIE" TO GRACE + ---- NEW PARK COPPER Lincoln, 111., July $1.--¥Fly poison proved fatal to the infant daughter Of Mr., and Mrs. Arthur Cameron of this <city, 'The child pulled a con-- tainer of poison from a dresser and was found by her mother chewing the ' deadly seubstance.. For several hours the baby showed no 111 effects. Then . she became seriously i1 and death followed. --Arsenic nl:nlu was declared to be the cause the. death after a coroper's inquest. Authority for the consolidation of the Chicago, Nortb Shore and Mil-- waukee railroad and the Chieago, NORTH SHORE TO CONSOLIDATE, PLAN lished in the institution has a wide distribution, including Japan, Pales: tine, Mexico and Alaska, Bamples of music printed in the Braille system, through which blind sStudents learn to sing, wil} be given to interested fair visitors. The ma chine for printing this --music for the sightless: was imvunted in the HNlinois Bchool for the Blind. Music pub-- has . others lik®® Jt growing garden, ; j.'lmrol'. HJL, . July . $1~--How At the lilinoils School for the Blind absorb W their fingers, will be at sounty fairs throughout the state this year as a part of the state exhibits. Bamples Of the Braillle system of teaching employed in the state in-- atitution and the results obtained by It will be displayed. Good fast washable colors, plain eoll'iorl. small. Figured _ and stripes. Regular $1.69 ¥aulue the yard................... 98' Brocade and Printed line of Kimono patterns, formerly sold at $1.98 yard, t¥e YGrE .............cooussce 31019 40 inch Washable Voiles Guaranteed to be good, fash col-- ore, fine in quality, beautiful pat-- terns, formerly sold at 43 §96, UHG YBRPOG....... sscvcecsccss € A well known Zephyr Gingham. :(.fted for 1Its excellent wearing "d wash ing qullny. Regular ¢ value,. Specia Double ply l:rrto' French Yollo, Guarant fast color, all the wanted shades, T56¢ 'se ET. WBRNEE..... .. . 3. s antecarrncavcts value," yard.......... 386 inch Kimino Silks 40 in, Plain Colored V oile 32 inch Silk Pongee 82 inch Red Seal *3 Those that have waited till now to purchase Summer materials® will be agreeably surprised to find that they may do so at a price far below previous ones. These are such ex-- ceptional values that it will be econ-- omy to purchase these Fabrics dur-- ing our three day sale, starting Thursday, July 31st, ending Satur-- day, August 2nd. 36 inch Washable Crepe In a great variety of patterns, solid colors with contrasting col-- dred chocks. Brocade and Pas-- ley. designs. Values p s to $3.50 yd4., the y4..... 2098 Part Silk Crepes, Boxr Loom Crepes, Black and White, Om: and White, solid colors wit m:' m:n Values up to $1.98 yard, the In a full range of patterns, light and dark grounds, Excellent val-- ue, fo:noay sold cat 50c yard, NVery Special Imported Irish Linen, shrunk from 46 in. to 36 in., good fast-- washable colors. All the wanted shades. A light weight Suitable Crepe for Summet wear, asmall and all over patterns, formerly sold at 7s¢ $1.215 yard, the yard...... 36 in. Figured Washable date of the fArst voucher, All persons desiring may fle ob jections in said Court before said day and may appear on the hearing and make their defense. -- Dated at Lake Zurich, Iilinois, this -- 3ist day of July, A. D. 1924. } WILLIAM TANK, Officer appointed by the President of ' the Board of Local Improvements to make said assessment. ) Wkly July 31--Aug. T / ment, according to the benefits and an assessment therefor baving been made and returned to sald Court; the final hearing thereon will be at mo'cb&A.u.onmmdu'd August, A. D. 1924, or as there» after as the business of the Court will permit. * ' A six inch water pipe with neces sary hydrants angd valve boxes and service pipe in pertions of Robertson Ave. and the Lake Zurich-- Honey Lake Rond, in the Village of Lake Zurich, Lake County, lilinois, & The ordinance for same being on file in the office of the Village Cierk, and having applied to the County Court of Laks County for an assess Baid assessment is payable in ten installments and said . ipstaliments bear interest at the rate Of five per lage ,the nature, character and locak ity of which improv@ment is as fob SPECIAL ABSESS8MENT NOTICE, . (Docket No. #). A } Notice is hereby given to all per« sons interested: | That the Village of Lake Zurich, if the County of Lake and State of lilinois, having ordgered that a local improvement be ~cmade (in c#ald ~Vik Bby International News Service * Paris, July -- $0.--Martial has boeert proclaimed ughout Roumania, Tob lowing nugoolhnnuuuh mmutuntsu'u"::nyol e was p a coup d' acceord ton:p?:'rml!uehmttun Computation of ries. Ammuu.wu%nuws years. This is the most common sigs nification of the word, and as we (huyeonputatlonottlmfmnm incarnation of Christ, the word getse mnyuawlluumurxurn's hundred years subsequent to -- thag event, as the first eentury A. D. | 36 inch Figured Voile --~park, the young couple rep '"m'mnmuuu-unu was Bned himselft and disconn from his position. MARTIAL LAW from Mils judicial beach in 36 inch Dress Linens 40 inch Silk Canton t 1Lr8 4# IN ROUMANIA 1?hursday -- Friday and y . from and after the

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