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Newspaper
Elgin Echo
Location
Elgin, Iowa, United States of America
Date
Jan 08, 1948
Page
1
Elgin Echo Dial 38711 Elgin Iowa is entered as second class mail matter at the Elgin post office Fayette County Lons under the act of March 3 1882 with date Sept 1 1891 referenced.
Echo reports C Hjalstenson sells his general merchandise business to Mel Kohler, dissolving Berg & Kohler as Kohler leaves to run a new venture starting February 1. Holiday visitors include Julius Freiburg Haus of Huron with his wife in Elgin. Ice harvesters led by H W Falk busy at work, gathering several hundred loads for next summer.
Notice announces formation of a profit corporation under Iowa law to be known as John Falb and Sons with principal business in Elgin Fayette County. It will deal in automobiles farm machinery tires and related goods, real estate and leases, appoints officers and directors, and begins January 1 1948 with authorized capital stock of 85000 dollars issued as 850 shares of 100 dollars each.
The Brainard News item lists numerous Christmas visits across Cedar Rapids and nearby towns, naming families such as the Knolls, the Martins, the Boyers, the Gilberts, and others, with multiple gatherings at homes in Vern Boyer and Dan Craft households and surrounding communities. The report ends with a fatal accident near Guttenberg, where Louis Amling, 21, died after an accidental gun wound during cleaning and a flat tire delayed medical help.
The passage lists bank assets including cash balances with other banks and reserve balances, cash items in process of collection, U S government obligations direct and guaranteed, obligations of states and political subdivisions, loans and discounts with overdrafts totaling 622.52, bank premises owned valued at 3,505.21, and furniture and fixtures appraised at 60,758.14? 42,144.85 44,864.54.
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