Depositors Told 104 Cents on Hot Springs Bank
The receiver of the defunct national bank at Hot Springs informs depositors they will get 104 cents on the dollar, covering their deposits in full plus interest. This is noted as a remarkable record.
16 Oct 1908
Page 1
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Newspaper
Kingsbury County Independent
Location
De Smet, South Dakota, United States of America
Date
Oct 16, 1908
Page
1
The receiver of the defunct national bank at Hot Springs informs depositors they will get 104 cents on the dollar, covering their deposits in full plus interest. This is noted as a remarkable record.
Mr Lee states he will not seek the governorship unless a Democratic legislature is elected. His views will be considered, though the Republican legislature is expected to win.
The passage draws a comparison between Bryan campaign talk and patent medicine pitches, noting both rely on distant success stories to claim impact. It suggests a shared pattern of promising large outcomes across states to persuade local audiences.
The republican legislative ticket includes Hon. Jacob Johnson seeking a second senate term, Hon. C. W. Stoner seeking a second house term, and Mark Plowman alongside E. J. English, all described as men of high standing in their communities.
Jin Hinz and Hill back improved waterways as essential for transport. Hill promotes moving a railroad toward his own holdings by using waterways, claiming the waterway supports rail development and county needs.
The piece questions county option as misrepresented and states that majority rule is not the overall aim of the law. It notes a provision allowing towns to veto licenses despite county majority. It also cites Mrs. O Grady being deemed of unsound mind during a transfer to Egan amid a murder charge, challenging insanity defenses.
The supreme court ruled against Attorney Geo W Egan in disbarment proceedings, barring him from practicing in the state courts. Some Sioux Falls attorneys led the effort, but the merit of the case remains a question. There is one finding noted.
The article argues Mr Lee unfairly compares past and present spending. Since his term the Aberdeen normal was built the penitentiary enlarged and new buildings added at state university and agricultural college. Expanding services requires higher taxes and funding.
The Minneapolis Journal notes Judge Taft praising England's simplified practice act and court rules as a model for swift remedies. It argues that technical delays favor the rich and harm public faith, urging bar associations to push similar reforms to cure discontent in the justice system.
Bryan claims Republican quarrels in several states threaten GOP wins, naming South Dakota. He argues South Dakota voters are independent and not swayed by factional fights. He says primaries produced no mass defections and the rank and file will vote the ticket straight.
Taft speaks before the Chicago Association of Commerce on reforming court procedures. He argues courts should serve litigants, not litigants serve the courts, noting deadly delays in the legal system and invoking Swift and Shakespeare to illustrate the point.
Special low one way colonist second class rates to Pacific Coast points daily in October. Tourist sleeping cars through from Mankato Alton Sioux City and other points. For details inquire of any ticket agent The North Western Line or address 8 A Hutchison Manager Tourist Dept 212 Clark St Chicago.
Local report from De Smet notes a gold medal floor at the Farmer's Elevator, highlighting a notable achievement or display within the town's agricultural hub.
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