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Newspaper
Logansport Daily Tribune
Location
Logansport, Indiana, United States of America
Date
Dec 20, 1908
Page
16
In Logansport for three years, G A Price operates at 315 Court Street selling imported marble and granite monuments mausoleums and markers. His extensive plant and bulk buying enable very low figures. The dealer emphasizes quality and substantial rewards in monumental sculpture.
The Bates Street Sanitarium under Prof. Plummer highlights dry hot air and electricity as top remedies for chronic rheumatism kidney trouble Bright's disease and diabetes and claims to cure liquor habit without drugs. The facility offers heat up to 400F and specializes in catarrhal and bronchial issues. Located at 201 Bates Street Logansport Indiana phone 706.
Longwell Cummings Co was incorporated in 1901 to expand its business into fine printing edition work and binding of all kinds. The filing notes a plan to extend operations across departments and broaden service offerings.
The Ark Theater in Logansport is praised as a family friendly venue with a pocket lamp feature drawing many patrons. Matinees start at 2 pm and evening shows at 7 pm, offering affordable, entertaining moving pictures shaping the town’s social life. The Logansport firm Longwell Cummings grew from a local printing house and now runs key local directories and stationery production with modern methods and wide regional reach.
The notice records end of day financial figures dated November 27 1908. It notes business activity and closing balances for the company as of the stated date. The item reflects a routine archival entry in the paper’s public notices section.
Directors Dennis Uhl Frank M Harwood B Yantis W L Fernald E S Rice S E Mulholland W T Wilson W W Ross H S Tousley named for the board.
A bank is an institution that deals in money, a safe place for deposits and a source of loans and financial services. It operates under laws to receive deposits, make loans and collections, and act as agent in transactions while protecting customer information and ensuring prudent, prompt service.
A bank channels capital to merchants manufacturers and farmers, boosting local prosperity. It discounts notes to fund inventory for merchants, provides working capital to manufacturers until product sales, and finances spring seed and tools for farmers, renewing notes when harvests occur.
The text explains bank capital as stockholders' funds that back deposits and cannot be withdrawn while the bank operates. It notes reserves and guaranteed funds under National Banking law, emphasizing that deposits belong to the people and loans stimulate circulation and employment, with depositor protection from loss through prudent management.
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