| Show pays depositors i he daily manages millions of dol lars as treasurer of one nations largest states but pocket any more salary than does any one of his stenographers all because of what happened 13 years ago his is a story of a bank that failed I 1 and of a character which places respect and righteousness ahead of personal gain and legal loopholes john M smith ins state treasurer is as simple as his name and proud of it earning annually he keeps only 1200 less than 25 weekly the bulk of his earnings goes to the depositors of the lum bermans bank of shell lake wis sherelle where relle he signed a declaration of unlimited liability before liquidation began 13 years ago |
