The County Democrat. (Tecumseh, Okla.), Vol. 26, No. 33, Ed. 1 Friday, May 14, 1920 Page: 1 of 8
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The County Democrat.
E tered at the TecumBeb, Oklahoma, poatoffice, as second-class mail undor the act of March 3, 1878.
VOLUME 26.
TBCUMSEH, POTTAWATOMIE COUNTY, OKLAHOMA, FRIDAY, MAY 14. 1920.
NUMBER 5CJ.
First National Bank
(OLDEST BANK IN THE COUNTY)
Of TECUM8EH, OKLAHOMA
Condensed Statement at the Close of Business May 4, 1920.
RESOURCES.
Loans and Discounts .............................. $210,120.74
Bank Building, Furniture and Fixtures............. 9,000.00
Stock in Federal Reserve Bank .................... 900.00
Liberty Bonds ......................... $31,250.00
TT. S. Bonds and County Warrants....... 20,349.96
U. S. Certificates of Indebtedness ...... 25,000.00
CASH AND SIGHT EXCHANGE ---- 108,516.08 185,116.04
$405,136.78
LIABILITIES.
Capital Stock .....................................$ 25,000.00
Surplus and Undivided Profits .................... 12,070.25
Circulation ........................................ 12,500.00
DEPOSITS ........................................ 355,566.53
$405,136.78
The above statement is correct. F. E. HUETT, Cashier.
ATTEST:
S. P. LARSH
Directors.
J. K ROUCII
F. V. ASKEW
CONSISTENT GROWTH OF DEPOSITS SHOWN BELOW:
May 1. 1916. $130,506 34
May I, 1917, $176,509.83
May 10, W18, $237,751.74
May 12,1919, $264,369.48
May 4,1920, $355,566.53
IS PROOF OF GOOD SERVICE.
The many years of faithful labolr by this bank for the wel-
fare and prosperity of the citizens of this community evidently is
appreciated, ami if you are a customer, you have the satisfaction
of knowing your business is intrusted to an institution whose offi-
cers are experienced bankers, and one that will be here to continue
these efforts for your children and grand children.
RESERVE ACT SAVED
COUNTRY FROM RUIN j
AUTOMOBILE CLUB
SHOULD BE ORGANIZED
There lias been considerable talk re-
six months
bankrupted
Washington, D. C.—That the first
of the war would have •<Tn,l-Y about orK“ni*i1DK ““ automobile
..... c . „ c,ub Tecumseh. This should not all
. 1 nited States in taken out in talk, as an organiza-
crcdit and money had it not been for tion of this character would do more
the financial policy inaugurated undergo bring about better roads than any-
the Federal Reserve act and supple- that r°uld happen The man who
... . , , hv 1,11 automobile is vitally interest-
mentary legislation, is asserted by iu tlli„ move. tIl() mall who expeetg
Senator King of Utah. to own an automobile is likewise iater-
Replying to incidental criticisms of (®sted and the person who never ex-
tho currency law by Senator McCum- P°‘‘ts to ow“ a car is interested, for
her during a Senate debate, Senator
King showed that one of tho first
things attempted by the Democratic
party when it came into power was
the enactment of currency legislation noxt W(.ok and f(H>t an 0rtJani7.ation
which had boon lacking under Repub- ag undoubtedly it will bo a benefit to
the reason it will give him a vastly
improved system of highways, just
what they want, just what they need
and with the expense of building
largely borne by the ear owners.
Wo suggest that a meeting bo held
bean leadership. The Federal Reserve
act, lie said, had stood the test of both
peace and war, and the country’s fi-
nances are now stabilized as they never
have been in history.
‘‘Has the Senator advocated its re-
peal or modification t ” asked Senator
every one interested in hotter roads.
RESOLUTIONS.
The Hat Shop
Has just Received
Another Shipment of
Nid-Summer Hats
Come in and-See them.
The Hat Shop
Opposito Postoffice Tecumseh, Okla.
Publisher’s Report of the Condition of
THE HOME STATE BANK
Of Tecueiseh, Okla., May 4, 1920.
RESOURCES:
Loans ami discounts.........$63,065.56
Overdrafts, secillred and un-
secur d .................’ 30.13
Securities with Banking B’d. 500.00
Stocks, Bonds, Warrants, Etc. 6,552.52
Furniture and Fixtures..... 4,343.02
Due from banks............. 30,352.96
Checks and other cash items. 69.50
Cash in bank............... 5,192.72
Expense account ........... 696.38
Total ...................$110,802.79
LIABILITIES:
Capital Stock Paid in.......$25,000.00
Individual Deposits Subject
to check ................. 77,172.89
Time certificates of Deposit. 7,773.90
Cashier’s Checks outstanding 856.00
Total ...................$110,802.79
State of Oklahoma, County of Pot-
tawatomie, ss:
I, T. K. Davenport, Cashier of the
above-named bank do solemnly swear
that the above statement is true to the
best of my knowledge and belief, so
help me God.
T. K. DAVENPORT, Cashier.
Subsaribed and sworn to before me
this 10th day of May, 1920.
A. B. RA2MSEY, Notary Public.
(Seal.) My com. exp. Oct. 1, 1923.
CORRECT—ATTEST: F. S. DOUG-
LAS, J. L. FORTSON, L. V. HANON.
Directors.
WHEREAS, It has pleased the Su-
preme Rulor of tho universe, on April
1-*, 1920, to take from our midst our
. ... _____________ _________ beloved brother, W. T. Cable, one of our
... , ,, ,, , , , oldest members, and wo extremely de-
Kxng. “I do not recall that he or any ____ V /.,.
, _ ... , , .. , ^ d,lori the great sorrow and grief that
other Republican has seriously attacked has been inflicted upon his family and
the Federal Reserve Act or lias offered .those who have been intimately asso-
auiendments of a vital, or important ["'a,pd with him, and to whom he has
character to that great and construe- |aiT inspiration0.*1'^ °it oncoura^ment
tive measure. 1 hnve wondered what Resolved, That we extend to tho be-
would have been the iresult if tho Fed- t reaved family and relatives our heart-
oral Reserve act had not been upon , sympathy, realizing tho loss of an
4.1 *4*11 i n i j i j affectionate husband and father, as
the statute books and if wo had had riu
well as the lodge a faithful brother.
on the statute books only the financial Be it further Resolved, That a copy
legislation that we found there when of these resolutions be sent to the bo-
the Democratic party came into power* ir< ave<^ fan,ily> a copy be spread on the
under the first administration of Wood- ,of. the ca,nP fnd that th°y b«
.published in our county papers.
row Wilson. ! “Not now, but in after yearn or it
Saved From Bankruptcy. [may be in the better 1 n<l we will
.. , . . . .. know the meaning of these tears, and
“Why, if it had not. been for the then, oh. then, we’ll understand.’’
G. C. BUTLER,
W. A. WELCH,
C. LINDUFF.
Committee.
financial policies of- the Democratic
party which have been crystallized into
law under the splendid leadership of
Woodrow Wilson, oar country would
huve been bankrupt, so far as credit p p Q. OBSERVES MOTHERS DAY.
and money were concerned, within the j -
tirst six mouths of the war.
YOUR MONEY BUYS MORE
Mosley’s General Store
When in need of anything to EAT or
WEAR, call on us and give your
money a chance to benefit you most.
Z. T. MOSLEY, Prop.
PHONE 46
FREE DELIVERY
Senator King reviewed tho history
of financial legislation, the inadequacy
of the temporary me^suie known as
the Aldrich-Vreeland bill and the fail-
ure of the Senate Under the leader-
ship of Seuatoir Aldrich to enact com-
prehensive currency legislation that
would meet every condition, and called
attention to the number of panics un-
der the old fiscal policy fastened upon
the country by the Republican party.
Concluding, Senator King challenged
the Republicans to insert a plank in
their Chicago platform calling for the
Mrs. E. .T. Gray was hostess to Chap-
ter W, P. K. O. Inst Thursday after-
noon. As this was the annual observ-
ance of Mothers Day, the meeting was
an open one and each member was per-
mitted by the hostess to bring one
guest.
The house was decorated with yel-
low and white, tho P. E. O. colors. The
program consisted of vocal solos by
Mrs. Morgan and Mrs. Bieknell, a talk
on “Mothers’’ by Mrs. Cummins; a
1alk on P. E. O. principles by Mrs. Ha-
non; a reading, “Mother,” by Mrs.
('’arson and a short history of the P.
R. O. Sisterhood by Mrs. Knight.
At the close of the program each
repeal of the Federal Reserve act, do guest was presented with a carnation,
glaring he would delight to see such
an issue presented to tho people.
THE REASON.
The Democrat is unavoidably late
this issue on account of an unusual
amount of job printing, including the
Tecumseh High School annual, having
to be printed and delivered before the
paper was printed. We will try and
make up in amount of news in our next
issue.
GRADUATING EXERCISES.
where the mother was living a red one,
and if sho had passed away, a white
one.
Delicious refreshments of pineapple
ice, Angel food cake and lemonade were
served. The colors, yellow and white,
were used in the refreshments.
The guests for the afternoon were
Mrs. Henderson, Mrs. Freeman, Mrs.
Beil, Mrs. Clark, Mrs. Bralv, Mrs.
Bieknell, Mrs. Dutton, Airs. Fortson,
Airs. Warner, Airs. Smiley, Mrs. Roy
Carson of Shnwnee.
The next meeting will be held with
Airs, lianon Alay 13. The last chapter
of “Winter’s Tale,” will be the lesson
for the afternoon.
The graduating exercises of Tecum-
seh High School were held at the High
School auditorium Friday night, and
were attended by a large number of
friends of the graduates. Those on the
program did full justice to each sub-
ject. _^
Afiss Marea Douglas has ireturned to
her home in this city from Chickasha,
where she has been attending the Ok-
lahoma Woman’s College.
MICKIE SAYS
"JERVIS, SOMETIMES \ VDSHfY
'NOO-VfVJZ A POO SO’S 1
COULD SICK TOO ONTO THE
[FELLERS >NHO tOME tM,\NHEN
iNE'RB JEST ABOVTf READ'*
T’ GO TO PEE SS ■ 'WITH
A VMHOLE VJAD O' COPT
that MAvces us late
tuvTh The vapta amo
ROM3 US ALL RAGGEO
DESIOR6
The graduating class of Tecumseh
High School was highly entertained at
the home of Mr. and Airs. B. H. Dick-
son last Alonday night. It has been
the custom for the past several years
for Air. and Airs. Dickson to entertain
each graduating class. The house was
beautifully decorated with the class
colors, royal purple and white, and the
class flower, the American Beauty rose.
Erl Deacon is here from Oklahoma
‘City this week for a visit with old
friends.
CONDENSED STATEMENT OF
HOME STATE
BANK
Tecumseh, Oklahoma
At the close of Business May 4, 1920, as made tu the State Bank
Commissioner.
RESOURCES:
Loans and discounts ..............•'..................
Overdrafts ............................'•............. ™.13
Securities with Banking Board......................... «6'ko
Bonds and warrants..................................
Expense account ..................................... k t a
Cash and Sight Exchange............................ 35,615.18
TOTAL.....................................$110,802.79
LIABILITIES:
TOTAL.................................$110,802.79
Tho above statement is correct.
T. EL DAVENPORT, Cashier.
In presenting its first statement, the Home State Bank thanks
tho friends who have brought it success so early.
As proof of the fact that tho people of this community ap-
preciate a State Bank in which their deposits are GUARANTEED
wo call your attention to the above Statement.
We wish to call your attention to the amount of deposits and
believe, when you take into consideration the fact that we have
been opened for business only two months, you will see that the
people have confidence in this institution.
This Bank is owned by people who live in the state, and believ-
ing that Tecumseh is a good town, the families of the officers live
here among the people with whom they expect to do business.
We solicit your account, and assure you that the stockholders
and directors of this Bank, knowing the conditions as they do,
by living among you, can render you as good service, if not bet-
ter, than you can got elsewhere.
The ONLY Bank in Tecumseh
Where Deposits Are Guaranteed.
Charter No. 6660. Bcserv* District N<J. 10.
REPORT OF THE CONDITION OF
First National Bank of McLoud
At McLoud, iu the State of Oklahoma, at the close of business on May 4, 1920.
(First published Alav 14th, 1920—2t.)
State of Oklahoma, Pottawatomie
County, ss.
In the County Court in and for Said
County and State.
In the Alatter of the Estate of Eliza-
beth Dougal, Deceased. No. 2039.
NOTICE OF SETTLEMENT OF
FINAL ACCOUNT.
The State of Oklahoma, To Whom it
May Concern, Greeting:
Notice is hereby given, Hugh P.
Do.igul, the duly appointed, qualified
and acting administrator of the estate
of Elizabeth Dougal. deceased, has fil-
ed his final report for settlement as ad-
ministrator in said matter, and his peti-
tion for the determination of heirship
and final distribution of said estate,
and for his discharge from said trust,
and the release of the sureties on his
bond as administrator.
And that at the County Court room,
in the City of Tecumseh. said ronnty
and state, on the 4th day of June, A.
D. 1920, at the hour of 10 o’clock A.
AT. of sail! day, has been appointed by
the Court for a hearing on said final
report and petition to determine heir-
ship, and for diseharge of aaid admin-
istrator and the release of hi# bonds-
men. and for the distribution of said
estate.
At whieh time and place any person
interested in aaid e*tate may file the.r
ohjeetion. to said final report and pe-
tition. and Vonteat the same.
Given under my hand and the seal
of aaid Court thi* 10th day of May, A.
D. 1920.
CLARENCE ROBISON,
(Seal.) Coaaty Judge.
RESOURCES.
LoanB and discounts, including rediscounts, (except those
shown in b and c)...............................$225,190.35
Overdrafts, unsecured, $951.67................................
U. S. Government securities owned:
Deposited to secure circulation (U. 8. bonds par
value) .............................................7,000.00
Pledged as collateral for State or other deposits or
bills payable .......................................6,000.00
Owned and unpledged ................................1,676.00
War Savings Certificates and Thrift Stamps actually
owned ..................................... 101.38
Total U. S. government securities...........................
Other bonds, securities, etc.:
Securities, other than U. S. bonds (not including stocks)
owned and unpledged .. . ...................................
Stock of Federal Reserve Bank (50 per cent of
subscription ..............................................
Value of banking bouse, owned and unincumbered .....9,500.00
Equity in banking house .....................................
Eurniturc and fixtures .......................................
Lawful reserve with Federal Reserve Bank...................
Cash in vault and net amounts due from national banks........
Checks on banks located outside of city or town of
reporting bank nd other cash items........................
Redemption fund with U. 8. Treasurer and due from
U. S. Treasurer ............................................
$225,190.35
951.67
14,777.38
1,482.34
900.00
9.500.00
1.800.00
24,750.65
31,120.08
927.60
350.00
Total ........................................................ $311,750.07
LIABILITIES
Capital stock paid in ........................................
Surplus fund ................................................
Undivided profits ..................................$13,3<8.25
Leas current expenses, interest and taxes paid......... 5,434.74
Circulating notes outstanding ................................
Cashier’s checks on own bank outstanding....................
Demand deposits (other than bank deposits) subject
to Reserve (deposits payable within 30 days):
Individual deposits subject to cheek.........................
Certificates of deposits dne in less than 30 days (other
than for money borrowed)..................................
$ 25,000.00
5.000. 00
7,943.51
7.000. 00
5,215.21
187,221.33
74,370.::
Total.................................................
Of the total loans and discounts shown above, the amount on
. $311,750.07
hseh interest
and discount was charged at rates in excess of those permitted by law (See.
5197, Rev. Stat.), exclusive of notes upon whieh total charge sot to exeoed 50
cents wss made, was $1790.15. The number of such loans was 34.
State of Oklahoma, County of Pottawatomie, es:
I, W. H. Hollis, Cashier of the above-named bank, do eolemaly swear that tho
above statement is true to the best of my knowledge aad belief.
W H. HOLLIS, Cashier
Subscribed and sworn to before me this 11th day of May. 1920.
v8eal.) My Com. expires 8 21-1922. H. T. RIDDLE, Notary Public.
CORRECT—ATTEST: O. H. Marmaduke, D. F. Crist, N. Douglas, Dint*ana
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Henderson, L. P. The County Democrat. (Tecumseh, Okla.), Vol. 26, No. 33, Ed. 1 Friday, May 14, 1920, newspaper, May 14, 1920; Tecumseh, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc936850/m1/1/: accessed March 18, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.