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Show Volume 1, Number 52 $2.00 Per Year In Advance Randolph, Utah, Friday, January 31, 1930 Randolph Scout 'lews BANKERS FIND GROUP Mysterious Man Of, West Hilis BANKING WIDESPREAD Since the scouts entertained their parents at the social last week, new vigor has been shown in their work. All are clamoring to take tests. The 13 committee is soliciting tester for the merit badge subject and we expect to have some Star. Life and Eagle scouts The mystery man of a few weeks in the near future. If any of the former scouts have ago would make a good story for Rip. leys Believe It or Not column. For merit phamplilels we would elate their, being handed in at head- the three weeks since hq was first seen he has been staying . in the vicinity Over 1,850 banks with more than quarters. of Woodruff and Randolph sleeping tests The following have passed the thirteen billion dollars in resources in ifei the hills or abandoned ranch are shown to past week. Tenderfeet : Wayne be associated with chain Blain Marshall and Eldon Nor- houses and hiding up in the daytime. or group banking systems in the He seems to no have had beding nd United States in ris. Second Class: Ben Norris, Thos. facts recently gathand yet survived Norris, Boy McKinnon, Garth Nicta-oll- s very little ered by the Economic Policy Commisthe below zero weather. fifty and Lynn Norris. Merit tests: Sunday monring Ray Hoffman call- sion of the American Bankers AssoWayne Ilex, Cleve Norris and Carl ed Sheriff Stanley Wilson and in- ciation. The chairman of the comNorris. The patrols of Allen Hatch and formed him that a strange acting fel- mission, R. S. Hecht of New Orleans, Carl Norris won the Diaries in the low was around his barn early that pointed out that the facts indicate that But they nirning. Sheriff Wilson, Sol Con- "almost IVz per cent of our banks and point contest lust month. will have to watch their laural, next ley and Kenneth Muir went down to over 18 per cent of our banking remonth as all the patrols are working investigate. At Argyle ranch they sources are in the great net of group found tracks going in but none com- or chain banking that now covers alhard. Because of delays in getting regis- ing out so they knew that he was most every part of the country. They entered quickly and tered we will not be able to hold our there. The commissions facts comprised Court of Honor Sunday jis planned, ft found a bundle of clothes, whisker chain and group banking affiliations in and hair setting with his feet in the the broadest sense of the will be postponed to a later date. term, the reoven. He offered no resistance but said. They included those groups port acted as meek a a lamb and has done ever since. In searching his be- - in which the controlling element was RANfOLPH GIRL bank, there being reportthe sheriff found a few cook- aed particular VlNS SCHOLARSHIP lonnffs 78 instances of this class involving ing utensils and some small packets 407 banks and about $6,473,000,000 in At a meeting of the Union Pacific of food as rice, beans and flour and combined resources. They banking a also new qnilt which they later Scholarship Commttee held last included also gronps in which a nonbeen learned from had L. H. taken the following awards were made Millers nlaee the night before. The banking holding company, not subfor your county: to any particular bank, was in Miss Emma Argjlc, first, winner of man had no gun but Argyles gun was sidiary 28 instances the scholarship. Miss Fern Eastman, in the corner of the room fully load- control and of this class ed. Upon being questioned he admit- were found, involving 380 banks and alternate, assistant leader, Woodruff. ted not having shaved nor having a nearly $5,335,000,000 in resources. Ths The committee thought that in orcut hair for nine months and said be report also Included groupings in der to live up to the full ntent of the Union Pacific in allowing the awards came from Cokeville and was looking which control was exercised by inat least ten records should come in for work, although we know ho has dividual persons and these cases numfrom each county. The Extension asked no one or in fact spoken to no j bered 167, involving 1,071 banks and one while around here. lie claimed about $1,468,000,000 In assets. agent in charge of the county might his name was Moore (Mr. Conley askeliminate five of these and send the The Total Figures best five to the Extension office for ed him if it was more hair or more The total was over $13,275,000,000 In whiskers) Ralph Moore, that he was ue of the committee. resources. Some of the sysborn Moab 34 and raised was and in aggregate The sehola i ship is $ 100.00 cash and old. 50 to 100 banks each. tems him has Sheriff Wilson years comprised railroad transportation. ib in and offices Head he of him the until holding groups were found jail . 7Tt learns more of his history. in all jurisdictions, but nine of the JULIAN ANI) PHILLIPS To the school children he has been states and the District of Columbia. CASES WERE DROPPED one of the seventh wonders, a large '"We have not included in these figthe report says, "banking The CSieyenue Tribune recently re- crowd being gathered around the jail ures. at every recess period and though he groups in which a commercial bank, a ported that the X)NS(ssion of liquor s cases against ITarr.v Julian and Lyle a closer observation show almost trust company and an investment like a Bolshevik from a distance house, and sometimes a savings bank, Phillips of Sage have been dropped, and the defendant discharged. Two nine feature and build with long slen- are tied together by some form of others of the five involved in the same der hands and small feet. His height stock holdings and operated as com. Joe Coletti of j Is 5 feet 2 inches. He still remains a plementary elements In an organizacase, were not pros-mf' Dinmondville, and Frank Tushek of mystery and we await nnxjpusly for tion rendering complete financial servKemmerer. fhe latter being nnebol to more information from or of him. ices. We have held that such groups appear owing to illces. Tbe remain- ' We have been informed that sheriff are similar to a departmentalized bank ing defendant is Pete Bosone of Wilson, has received a teegram from and different in the purposes and opwhose case was scheduled to the sheriff of Seveir County to hold the erations from a chain or group bankbe heard yestei day afternoon. ing system. mysterious man tmtiljhe arrived, : "For purposes of the present report According to testimony offered in we define chain or group banks as syscourt Wednesday afternoon, the men tems in which centralized control, were said to have entered into a conwhether corporate or personal and and transport inspiracy to either rigid or informal, directs the A new baby boy at the home of Mr. operations of two or more complete toxicating liquor. The alleged beverage seized by fed- and Mrs. Taul Spence since our last banks, not functionally complemen- eral agents, was said to have been stor- news items, also a new arrival at a ed in. a wrea house in Sage, owned by Logan hospital, to Mr. and Mrs. IT. C. NOTICE Julian and rented by Coletti. The de- Kimball and Heber is as happy as a fense claimed at the .hearing that new papa. Notice is hereby given that the folColetti rent d the warehouse to prostockholders of the Woodruff Mr. and Mrs. R. W. Hodges have re- lowing vide a storage place for his automobile are delinquent and when he was stranded in Sage, due turned from Ogden, Utah where they Irrigating Company ils made together with unless payment to a snowstorm. have been for the past four months, be sold at will it cost of advertising, Muclf df 'the testimony offered at Ross had employment at the Sugar, Woodruff The Opera auction at the triial was not allowed because of factory until the close of the run, since public the sustaining of the motion to sup- that time he has been working at odd press the evidence. The motion then jobs when he could find them, but he brought out the fact that Hie warrant states that there are ten ihieu . foe used in the seizure of the allegefd liquor every job available. . He also states was not legally prepared. that Salt Lake valley has more snow Among the witnesses who were call- on the level than we have here. ed Wednesday were certain persons Mr. and Mrs. E. M. Pugmire will said to have been employed by the despend the rest of this winter in southfendants, as well as other persons who ern California. Mrs. Pugmire leaving elaimd to have heard conversations be- about two weeks ago in order that she tween the defendants and others. Fed- may be at the bedside of her aged mother, and Mr. Pugmire leaving last eral prohibition agents were also call- week-ened noon to testify. Kemmerer Gazette. We are clad to report that Ross 1 Pope is inn proving nicely now, he has ad a long siege o "iihwi SIIEEPHEFDER FOUND of a mere scratch the neglect through WITH HIS THROAT CUT 'hich turned to Doctor Moore of Paris has attended Ross Report from Rock Springs Is that every day for the past two weeks. L. Jepson, HO yeafs old, employed as a Mrs. James Rims Is very ill with sheepherder by Clarence Linden, was oneumonia reports today that very litfound south of that city Wednesday tle change, if any, is noticeable. with his throat cut from ear to ear. C. W. Pope will spend a month or Ills body was found 20 miles from bis two with his family, taking a much camp. needed rest. Jepson came to Wyoming from Man-taThe pulpit it f" Sunday services, Utah. The coroner, who is hold-iiwas occupied by Elders E. Willis and for instructions from the the body A. Robinson of Laketown. very timely was declared a plain and death relatives, CLOYD A. EASTMAN, encouraging remarks were given ' case of suicide. Kemmerer Gazette. ' Secretary by bot.i. Brought in By ff Sat-rda- y 1 femi-look- Kein-mere- r, Garden City News 1 Last week we announced that the South Rich would meet the North Rica basket ball team in the first league game at Laketown, Friday, the 24th. Dr. Reay, county physician, forbid the Billion Dollars of Bank Assets In Affiliated Systems Numbering 1,850 Members in Nearly Fvery State Ar-gyl- e, - , Over Sheriff Wilson food-stu- South Rich High School Notes tary, each working on its own capital and under its own personnel and located in one or more cities or states. Commenting on the question whether the rapid development of chain banking was in the nature of a reaction against restrictions imposed on branch banking by the banking laws In many states the report says that observation does not wholly confirm this theory since chain banking is prevalent in some states where virtually no restriction is imposed on branch banking, as well as in those where the establishment of branch banks is prohibited. It adds: Ths Question of Branch Banking "However the facts do show that banking laws have been a factor in Borne cases, and probably in some sections. In the spread of chain banking. Instances have come to our attention where expansion along chain bank lines has been carried out by state banks whose expansion along branch bank lines was stopped by the passing of state laws prohibiting further branches. Yet whether expansion would have been along branch bank lines if the laws had imposed no barriers, it is impossible to say. There Is obviously a well developed banking opinion in eome sections that the chain bank method brings to outlying banks the strength and efficiency of a big organization without depriving them of their local individuality and sympathies. In view of the mixed factors noted, we feel It is unsafe to generalize as to what bearing branch banking laws have on chain developments. "The recent era of rapid chain bank developments has found specific reflection in some state legislative action tending to ' restrict or control chain or group banking. Also we find a sharp difference of opinion among state bank commissioners who have expressed their sentiments regarding chain banking. In a foreword to the report, issued In booklet form by the association at Its New York Otty headquarters. Chairman Hecht says that "the Ecodoes not nomic Policy Commission take a stand Ija advocacy of or in opposition to this new method of concentrating banking resources through the affiliation of banks into groups and chains, but is simply offering as a fact finding body what we believe is the first complete national picture of this rapidly growing movement. anti-branc- h Woodruff News game because of the scarlet fever epidemic in Laketown. Now the first league game between the two schools will be pliyed in Randolph, Friday, January 31. We plan to play the girls teams and the boys second teams as preliminaries. A dance, music to be furnished by the Reclamation Plant orchestra, will follow the games. We wish to assure the people there will be no danger from disease incurred by these games. All players will be rigi(dly inspected by Dr. Reay before they are allowed to go on tbe floor. Plans are under way in the four classes of the high school for the formal class dances. The Junior Prom and the Senior Ball will be held in Randolph on February 28 and March 8. The Sophomores and Freshmten will hold their dances in Woodruff. The school calendar i)s full, with an activity planned for every week end from this Friday to May 29th. 1 OIL LEASING BILL PASSED BY HOUSE Representative Colton, Monday, secured the passage by the house of the Warren bill, authorizing a further extension of time on permits issued under the oEl and gas leasing law. Under existing law, the extreme life of a prospecting permit, with extensions, is nilne years; this bill increases the total to 11, but requires that during the final two years exten-fsiothe permittee shall drill to 2000 feet, unless a cojgunecial discovery is obtained a)T a less depth. ,This was one of the last bills sponsored by. the late Senator Warren of Gazette. Wyoming! two-ye- ar n 4 ' X , SI A beautiful snow, lorih befell us on Saturday and Sunday and we now have an average of 15 to 17 inches of tsat sole penetrating snow, which makes the fanners rejqice. The weather is more moderate this week and thats another blessing. Elders Henry Monson and Wm. A. St Charles were speakers at our Sacrament meeting Sunday and Interested the people very much with their talks. C. Keetch of Elders Amos B. Robinson and E. C. Willis filled a home missionary apadpointment at Garden City Sunday in ward the chapel dressing the saints there. Road supervisor L. D. Lamborn and bis crew have bqen busy he past week Mrs. Emily Frazier Is visiting In pushing the snow off the roads, both wittn relatives and north and south endeavoring to keep Sail) Lake them open for auto traffic. They are friends. doing very well as Ben Orvin drove his truck to and from Evanston and The Mutual presented three one-ahe says there are only a few places plays here on Japuary 23rd, to a small that are not so good. bnt appreciative andience. The plays n The Round Valley school bus is presented were Soul Mates for a time, the children being and The Reticent Convict conveyed to Laketown by sleigh team, ct now-house- Cour-ersio- R. E. Ellis has been in Salt Lake the past week visiting his family. Mrs. Rhirley Neheker entertained at party at her home Mondav night in Mr. and Mrs. C. Stokes honor 1 V Ne-hek- er of Salt Lake who are visiting Bishop T. J. Tingey, our county her for a short time. A number of representative left Sunday for Salt guests were present and as usual a Lake to attend the special session of lolly good time was had. (They alNehekers the legislature. Mrs. partys.) at do ways d. sir' blood-poiso- u' wesented their Green-coGold Ball Tuesday night, serving cake and ice cream. This was one of the ward budget svstem entertainMips Mary Stuart has been teaching ments and was a success. The number present had an enjoyable time. Miss Irwins room the past week. rTra of Montpelier1 was in Nixon f. R. There are several cases of chicken town last week calling on the merchpox and one of scarlet fever in our ants with a line of Shupe yilliams midst candy and what have you Miss Zula Tingey is visiting tives in Ogden. rela- Vern Hopkins has gone to Salt Lake for a few days. The M. T. A. d W. Clark reoreeentfas? Ogden Whole oale Grocery Co. was a stage passen-Tuesda- y. f He has traveled this FOR SALE (Lots 1, 2, 3, 4, section 16 route a number of years and says Twn. 12 N., Rn. 8 East consisting fhiw is as much winter as any of em. of 116.07 acres for $250.00. Abstract 1929 furnished. Taxes including Mloq Grace Trwin retnrapd to her C. box F. Address: Baker, paid. at Woodruff as tePuhor- on 1057, Eureka, Utah. pn absence of two weeks 7. Adv. Jan. ode to mumps. - 31.-Fe- b. ? or |