08 Sep 1932
Page 1
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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Elgin Echo
Location
Elgin, Iowa, United States of America
Date
Sep 08, 1932
Page
1
An Opinion piece laments panic withdrawals from solvent banks as ruinous. It argues deposits backed by mortgages and bonds should endure, while sudden runs force closures and losses. Faith and confidence undergird sound banks. fear and broken trust topple them in a single day.
The notice asks readers to verify their address label on the weekly paper and notes the mailing list was corrected Saturday. It states payments made before that time should now reflect correctly and urges confirmation of updated details.
A thoughtful plea urges residents to buy locally to sustain town taxes and community commerce. It argues that out of town purchases reduce tax funds and harm local merchants, urging care in choosing suppliers who contribute to local public finances. It also shares a quip about a New York restaurant display and notes on alfalfa meal quality for poultry feed.
An Elgin reader recalls a past birthday joke and mentions a Rock Island excursion to West Union drawing about 80 locals. The piece covers rail jobs, store openings, hotel leasing, new clerks, wagon rides, sick recovery, and social gatherings among Elgin residents, with several names and local businesses cited.
Notice dated August 16, 1982 states ten stockholders of the Citizens Bank of Elgin Iowa will meet at the Town Mall in Ripe Town on the 18th for renewal and amendment of Articles of Incorporation to extend five years. The meeting is conducted by Ernest Schori, president, and B J Baumgartner, cashier. Also includes a safety article by Dr A R Lauer urging lifelong road safety lessons beyond quick driver training.
A 16 year old from Postville admitted attempting to extort money from Mrs. Dork Bete and intimidate Mrs. Newhring, both in Postville. He pleaded guilty in juvenile court at Waukon and was sentenced to the Boys Training School at Eldora, paroled to Father Hogan for good behavior. He claimed multiple threats and an intended to coerce a woman into paying him.
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