State Banks Buy Warrants to Support Oklahoma Building Bonds
Guthrie Oklahoma July 27 state banks holding state funds will join in purchasing remaining warrants from the 760000 issue. About 238000 was taken by contractors at par with interest, but they must rediscount at 2 to 14 percent to obtain cash. The state aims to keep paper at par and limit further contractor sales, paying estimates as due. Of 517000 left, cities and counties with sinking funds will likely purchase. The warrants pay 5 percent and are non taxable, long term, a better investment than the 6 percent general revenue warrant. An act authorized 2026990 for public building warrants. first incue limited to 750000 but may rise after November 1 by the state bank of Bokchito. Payment guaranteed from public land sale funds. Managers project 900000 to 1000000 due by January 1. Banks buying the paper will receive deposits equal to purchase amount, likely held for six months or longer to cover building cash needs. The plan to issue certificates under $100 and solicit public funds will probably not be carried out.
MENTIONED IN THIS ARTICLE
Guthrie
Okla
Oklahoma
General Revenue
Janes of Public Buildings
State Bank of Bokchito
Retiring strike breakers may cause trouble in Durand
Durand Michigan July 88 Associated Press reports state troops have been called in. No serious disturbance yet but trouble is feared when soldiers arrive. Many strike breakers are quitting their posts and are demanding pay and transportation home. Company officials refused the demands and violence is threatened.
MENTIONED IN THIS ARTICLE
Associated Press
Durand
Mich
eMcigls
Guthrie Reopens After Supreme Court Ruling
Guthrie Oklahoma July 28 The state reestablished its capital business following a Supreme Court decision that the lower court injunction remains in force allowing only capital city transactions. Officials contemplate next steps as the state board of equalization face a difficult problem with Oklahoma City meetings and possible ratification in Guthrie. In other news, wire destruction damaged plants in Durand and a gas company water works tank threatened.
MENTIONED IN THIS ARTICLE
Associated Prean
Guthrie
Okla
Guthriee
Oklahoma
State Supreme Court
Haskell
Supreme Court
Mlegal
Guthele
State Board of Equilization
Oklahoma City
Guth, Ho
Waukegan
Durand Steel Lacyser Company
Thomas Brass and Iron Company
Canting & Lors
North Shore
Gaspany
Grandfather Clause Championed by Durant Speech
A small crowd heard W. A. Durant defend the grandfather clause from the auditorium porch last night. His remarks on the clause were well received but support waned when he spoke about Bill Murray, revealing mixed sentiment toward the statesman. Durant is regarded as an able speaker with many local supporters.
MENTIONED IN THIS ARTICLE
W. A. Durant
Bill Murray
Durant
Open Letter to Mr Murray from Cruch
Former bank official Leb Cruch challenges Hon H Murray to audit Ardmore National Bank loans. He offers to withdraw if any loan after 1910 exceeded ten percent annual discount and lasted over a month. guarantees hold until August 2.
MENTIONED IN THIS ARTICLE
Win
H. Murray
Ardmore National Bank of
Ardmore
Okla
Leb Cruch
Davenport Popularity Rising in Third District Nomination
Reports from all parts of the Third district indicate Jawws Davenport Vinita’s candidate will win the nomination by a large plurality. Davenport has run a thorough campaign, courted democratic newspapers, and expressed appreciation for the press.
MENTIONED IN THIS ARTICLE
Third
Jawws
Davenport
Vinita
Bor
Hobdy Delivers Winding Claremore Talk On Oklahoma’s Grandfathers Amendment
Hon B J Hobdy of Vinita Okla spoke at Claremore Saturday night on the grandfathers amendment to Oklahoma’s constitution. He praised his own unique delivery and forceful argument, arguing Oklahoma should not depend on ignorant colored voters to shape politics and warning against rewarding such voters.
MENTIONED IN THIS ARTICLE
B. J. Hobdy
Vinita
Okla
Claremore
Oklahoma
Hobdy
Okinhoma
Warting
Claremore ‘Progron
Josh Vann Dead in Kansas City After Illness
Josh Vann a well known Galored pina of Vinita died in Kansas City last Friday from rheumatism. He was 63 years old and left a wife and three grown children.
MENTIONED IN THIS ARTICLE
Josh Vann
Vinita
God
Kansas City
Vann
Prohibition Denied in Oklahoma Capital Case Dispute
Guthrie Oklahoma July 28 Supreme court denies writ of prohibition against Logan county district court. Justices Williams and Turner dissenting on limited points hold district courts may pursue actions against state officers other than the governor while the governor’s acts remain immune. Governor Haskell and several officials must keep offices and records in Guthrie pending appeal. District Judge Huston to continue injunctive proceedings to block removal of state books and records.
MENTIONED IN THIS ARTICLE
Robert L. Williams
Turner
District Court
Logan County
District Courts
Oklahoma
Haskell
Oklahoma City
Guth‘ele
West
Supreme Court
District Court of
Guthrie
Justice Willams
Dl Telct
Lagan County
Stlt
Hunton
Bill Crown
W. Stone
State Banking Board
State Election Board
State Examiner
Taylor
Huston
Hepburn
Hankell
Thin City
William
Commonwealth
Thin County
Lowen County
Haa
Wala
Capital dispute in Guthrie frames 1918 stay
Logan county district court proceedings challenge removal of the capital to Oklahoma City. The Supreme Court holds prohibition cannot review such actions when courts retain jurisdiction. Attorneys agree the capital remains in Guthrie until 1918 despite lower court rulings, with three years needed to resolve all issues.
Weather Relief Promised By Weather Man
Omaha and Kansas area endure extreme heat with 100 plus readings. Dew formation at night offers slim hope for rain. Forecast calls for cooler weather tonight and Friday, with drought relief anticipated. reports from Wichita, Abilene, Oklahoma City, Guthrie, St. Joseph detail ongoing heat and crop strain across states.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Vinita
Hias
Kansas City
Topeka
Labor unions unite to oppose McGuire for renomination
Enid Oklahoma July 28 Trades Council comprising all local labor groups voted to oppose Congressman Bird McGuire for renomination. They authorized official delegate Breitenstein to inform other unions that McGuire betrayed pledges to oppose Cannon for speaker and to back House rule revision.
MENTIONED IN THIS ARTICLE
Enid
Oklo
Alon
Bird McGuire
Trades Council of the
McGuire
H. A. Breitenstein
Distriot
Nid Trades Council
Cannon
Trades Council
Breitenstein
Enid Banka
Mselves
Thme
McQuire
Senator Landrum Ends Canvass Amid Illness
Guthrie Oklahoma July 47 senator Landrum of Tahlequah a Democrat candidate for state examiner and inspector came to O A Smith home in Quhthe but was forced to abandon campaign work His ailment was suspected appendicitis but doctors advised no operation now He ordered to take a complete rest and stop his personal canvass while at home until recovered
Insurrection Alarms Cuban Government Reported
Insurrection alarms Cuba as government announces suppression at El Catey in Santiago province after late night council. Troops moved into the disaffected district with reports of rebels retreating toward the Nile pursued by forces, while drought affects crops in Missouri River headwaters area. Fort Smith Ark notes 99 degrees, Omaha 104, Beaver City 108 as record heat in late July.
MENTIONED IN THIS ARTICLE
Havana
Cuba
el Catey
Santiago
Fort Smith
Ark
Omuana
Beaver City
Also Mentioned on This Page
Banke
Ghuce
Murray
Wait
Prohibition
Oklahoma Supreme Court
Wichita
Kans
Abilene
Colm
Pit Ured
Tulsa
St. Joseph
Ipoh
Missouri River
Mt. Joseph
Union Labor
Wguire
Campaign
Promine
Enid Trades Council
Landrum
Great Drouth
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