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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Dec 27, 1930
Page
4
The depositors committee outlines a rescue plan to reopen the institution as a going concern with $200,090 new capital from local bankers and staged 25 percent deposits releases. It details banker control until more deposits are returned, dividend after second 25 percent, and eventual transfer to depositors with $200,000 capital and surplus.
A Tupe lo town feature describes seven hundred women manufacturing garments and a thriving cotton roll line. It cites a weekly payroll near fifteen thousand dollars and a 143 to 0 percent profit last year. The piece urges farmers to subdivide lands into ten to twenty five acre lots for vegetables fruit potatoes and dairy to create new employment opportunities and sustain production.
Gilbert H. Beesemyer, secretary manager of the Guaranty Building and Loan Association, pleaded guilty to 10 counts of grand theft. He was sentenced in superior court to 1 to 10 years on each count, to be served concurrently, with no parole or pardon until completion of terms. Prosecutors say he stole about 7.86 million from the Guaranty company and 868 thousand from North American Bond and Mortgage, with funds allegedly used across more than 30 entities.
Stuttgart Arkansas reports congressman D D Gloynythas began action with the Federal Farm Board to establish a mill in a free region to experiment with making paper from rice straw. Thousands of tons of straw are wasted annually in the Grand Prairie, the great rice growing area of Arkansas, and conversion of waste straw could open an industry locally.
Fragmentary OCR yields scattered phrases about rice prices per ton and board actions involving Representative Glover. The text is heavily garbled with incomplete names and missing context, making precise details impossible.
Maryville reporter states M Gunn, 40, arraigned on a first degree murder charge in the death of Velma Colter, a rural schoolteacher. He waived preliminary hearing and awaits trial next month after being brought to Kansas City for safety. A mob previously sought to storm the jail at St. Joseph where Gunn was held.
The Evernox Appeal reports federal authorities will establish field offices for drought relief in the Memphis area. A $45,000,000 relief bill signed by President Hoover leads to anticipated postings, with spaces in the post office building likely unavailable, so private buildings may host offices.
State data show trapping expanding into a near million dollar enterprise in Iowa. Muskrat mink and raccoon yields are listed with figures like 466 914 and 31 647 while churches and schools report growth in attendance and programs. a pastor urges continued progress into the new year.
A four reel motion picture by 4 H clubs debuted at the national 4 H club congress in Chicago to illustrate farm work for boys and girls. Barbara Jean Duncan played by Catherine Embrey from Lovington, Vo was chosen from 1 700 contestants. William Brown Jr of Canton Ti portrayed Glick. The plot centers on winning over Click the grain farmer and ends with the 4 H pledge. The film shows scenes from state livestock, education, life in Lyon City and more and is funded by Chicago agricultural foundation.
A fragmented line suggests a worker or source believed the job would proceed but faced delays and uncertainty. No clear names, dates, places, or outcomes are readable.
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