Hide Article Text (OCR)
VOL. 13. NO. 35HILLSBORO BANKS UNITE TO - SECURE STATE BANK CHARTERTwo Thriving Financial Institutions Reorganized and Merged Into One Strong Institution.Arrangements which have been pending for some time were completed this week for the merging of the Hillsboro bank and Farmers bank of Hillsboro into a Btate bank. Altho not all of the stockholders of either bank have exchanged their stock in the old danks for that of the new, the majority have made the exchange and it is generally understood that all are in favor of it. The idea in the consolidation is to get the $25,000 necessary for capitalisation a state bank. The Hillsboro bank which is the older of the two was capitalized with $15,000, and the Farmers bank with $10,000. The officers of the Hillsboro bank have been working for some time to raise their capitalization to $25,000, and form a state bank, and a great deal of the stock was already subscribed. However, when it was suggested that the two banks consolidate they at once saw that the combined capital would make it unnecessary to increase the present capitalization.The Hillsboro bar.k is practically owned by the different members of the Frazier family, altho there are a few other influential stockholders, one of, whom is W. A. Wright, owner of the Hillsboro telephone system. The stock of the Farmers bank is in the hands of about fifty farmers • of Cain and Jackson townships, and a few business men. The new bank will be located in the room occupied by the Hillsboro bank and will be known as the Hillsboro State bank. James J. Williams will be president and John W. Frazier cashier of the new institution.An Old Dream Shattered Again.That old plan to sever Davis, Logan and Shawnee townships from Fountain county and attach them to Warren might just as well be wrapt up in moth balls and laid away for another decade.It is a beautiful scheme and would without doubt redound to the advantage of both counties, but you can take it from us as a straight tip that it will not be done, at least for some time.Over at Williamsport t'he other day we interviewed Attorney E. F. McCabe about the matter. He is generally credited with having dug up this lost hope of the preceding generation and injecting into it anew the breath of life. He plead guilty that far but- denied that he had prepared any bill to present to the legislature with that end in view.It would be an excellent scheme, he declared enthusiastically, but shook his head sadly as he admitted that it is doubtful if it can ever be effected. Williamsport business men are almost a unit in opposition to it, asserting that it is intended as a preliminary move toward stealing the courthouse away from-that town. There are a number however, who while not proclaiming their views from the street corners, see with Mr. McCabe the possibilities for advancement that such a change would open up. If the two communities could only recognize that their interests are so closely related that they are in reality only one community and, instead of fighting each other, would unite and pull together there is no limit to what might be ac-cpmplisht in the way of building up city th^t would rank among the best fai the western part of the state. As 4or the courthouse Attica has ho more need of it than Lafayette has of moving Purdue university across the river. It supports only ten families and for convenience the difference between Williamsport and Covington is so great that considered in comparison with what Attica has had to put up with for over eighty years it wotild be like having the courthouse rightJn town. With Attica and Williamsport in the same county all bridge and road troubles would be settled. At no distant' date a new river bridge would built and then under the present three-mile road law a paved street could be built between the two towns. It would be but a short time then until the intervening space would ■ be built up and the two communities thus inseparably connected. The large amount of property transferred to Warren would materially reduce its tax levy and the additional business would add greatly to the feesvat the courthouse. The advantages to both sides would be innumerable—but why recount them,' since there i^ no possibility of the dream being realized? 1 The plan is an old one and its revival is due to an inspiration which came to Mr. McCabe last fall when he realized that the democrats would have control of the legislature. Being a democrat he naturally inferred that his party would do everything possible to perpetuate itself in power, and this scheme would operate to change - a doubtful legislative district to a safely democratic one. Fountain county as now constituted is normally republican, altho owing to local/quarrels its last three representatives have been democrats. With the three northern townships cut off it would be democratic by a strong majority, while Warren county woqld be no more hopelessly lost to the detn-ocrats than at present. Mr. McCabe thought this argument would appeal to the politicians of the state and following the recent Jackson club banquet at Lafayette he went down to the capital to talk- with some of them about it. He went to see Representative Dan Young and bumped up against a great big snag there which effectually blocked all his plans.When ask if he would introduce a bill of that kind Dan promptly answered nay. He is a democrat, he said, and so is his best friend, Dan Reed. Both live in Logan township. With Logan shifted over into Warren county both of them, together with Ed Moran, Bill Finfrock, Frank McCoughtry, and ‘all the other democrats in the north end of the county, would be hopelessly disfranchised, so far as county politics are concerned, and would have less chance of being elected to office than they have of getting to heaven. It would break the boys’ hearts he said— and since they had stood by him he wasn’t going back on them —not till he got ready to change his politics. More than that, if any other sucker in the legislature introduced* such a bill he would send for Dan and the two of ’em would see that it was buried so deep in some pigeonhole that it couldn’t be pried out with a crow-bar!Being old enough to know when he is up against it Ned humbly gathered the tails of his Prince Albert about him and came back to the banks of the Wabash where he can sit on his back porch and dream again the old dream that James McDonald evolved three quarters of a century ago.And that is all there is to it!Sapper Lares Men to Charch.Theseriesof evangelistic meetings that have been in progress at thd Pres, byterian church for the past fortnight will be brought to a close on Sunday night, when Evangelist Ludgate will preach his last sermon here. The meetings have been well attended from the beginning and have been of ffiaterial benefit to the church, altho the result is not manifest in any great increase of membership. The sermons'have been of a type that appealed to reason^rather than sentiment and as a result the meetings have been free from any sen-' sational features.In order to interest the men of the congregation in the meetings to a greater extent the pastor arranged for^a social meeting and supper which was held in the basement of the church on Wednesday evening preceding the regular meeting. About thirty of the breth-^, ren were present and the hour proved a very interesting one. Following the supper, which was served by the ladies aid society, an informal discussion was held on the question, ^‘Why do not more men attend church regularly?” Chas, R. Milford led this discussion, ^followed by Dr. C. J. Finney and J. Shannon Nave. Another discussion on “Why do not more men read the 8ible?” was led by A. S. Peacock. Eugene Stark, LouiB Johnson, Thomas Webb, and Ralph Searles participated in this, Mr, Searles making an appeal for increast attendance at the bible school.Evangelist Ludgate will preach both morning and evening sermons Sunday and the pastor especially invites all who have not heard him to attend these serviced. Sunday school will be held at the usual hour. \Brown Road Contract is’Let.The county commissioners met in adjourned session Tuesday and let the contract for the Brown gravel road, which runs thru the Roberts community in Davis toWnship. Fred Cunningham was awarded the contract, his bid being the lowest of the six contractors that desired the job. Following are the bids: 'Fred Cunningham...............$6,285.00Elbert E. McKee................. 7,372.00Martin Bros......................... 7,99j).80Haynes Way mire...:.......... 6,989.00Wm. A. Irwin ............. 7,848.00H. K. Lee............. 8,399.00The daughters of Pocohontas at Riverside are arranging for a social oyster supper at the I. O. R. M. wigwam there Feb. 22d on the evening of the great white father’s birthday. The squaws of that camp havela reputation for doing things up right at all their entertainments and are unusually successful at separating the young braives of the community from their wampum,* In this instance the proceeds are to bet a contribution to the fluid for the erection of a state wigwam.
Newspaper Details
Attica Saturday Press
Attica, Indiana, US
Sat, Feb 18, 1911
Page 1
Full Page
Clipped by
Mark M.
USA 17 Jan 2025
Other Publications Near Attica, Indiana
Attica Fountain and Warren Democrat
Attica Ledger Press
Attica Ledger
Attica Daily Tribune
Attica Ledger Tribune
