1920. TILLAMOOKTHEADLIGHT JANUARY 22, •3» FIRST NATIONAL BANK AT TILLAMOOK 'The Knickerbocker Buckaroo” in the State of Oregon, at the close of business on December 31,1919 A Seven Reel Super Production by Artcraft FEATURING DOUGLAS FAIRBANKS GEM THEATRE TUESDAY NIGHT-JANUARY 27 Chock full of useful stunts, thrilling in every sense of the word. “The Knickerbocker Buckaroo” is a photoplay y uiust see, it will give you something to talk about for long time. TRYING TO GET ALONG DOUGLAS FAIRBANKS« The KiickerboclceiBudcatoo* Two Reel Mack Sennett Comedy, AaAlZTCEAFT Udure You’ll have to hurry and come.early if you want seats. KMMKKJCKMJiMXMl THE BAY CITY SCHOOL BUILDING not exceed $25,000.00. A provisional will mean additional cost and contract was made for the heat and pense to the taxpayers of the CONTROVERSY. - - o------- School Board Gives Its Reasons For The Trouble. o On account of misunderstandings which have arisen, the School Board of Bay City district gives the follow­ ing account of the matter: When it was first found necessary to construct a new school building, the board employed a well known architect to prepare the plans, The architect furnished an estimate of the cost of the building, including plumbing and heating of the build­ ing. His estimate was $25,000.00 and was probably sufficient at the time it was made, but there was un­ expected rises in the price of labor and material after the estimate was made and before the contract could be let. Considerable time was required to comply with the law in matter of issuing bonds, but the matter was carried along as quickly as could be done, but by the time bids could be called for prices had raised so much that the architect’s estimate was found to be too low. There were sev­ eral bids made for furnishing the heat and plumbing, but only one bid I for the building itself, and that was for $25,500.00 for a frame building. The board made further investiga­ tion, and was not able to get any better figures, and as it seemed cer­ tain that there would be further ad­ vance in the price of materials need­ ed, it decided to have the building constructed by the lowest bidder on a cost plus basis, the district to pay for the labor and material and pay the «ontractor ten per cent, for his services and equipment, with the provision that the total cost should plumbing, conditional upon the dis­ trict voting sufficient additional money to cover the cost of the con- tract. The building has been constructed so far as to get it under roof. All the materials for the building were pur­ chased as soon as the contract was entered into, and this has made a saving of $3000.00 to the district, be- ing the difference between the cost of the material purchased and the price to which the same has advanc­ ed at this time. The price for the heating and plumbing under the contract referred to is $6,300.00. A meeting has been called to be held on Tuesday, January 27 th, 1920, at 2 o’clock p.m. for the pur­ pose of voting additional funds in the sum of $10,000.00, in interest bearing warrants, to pay the addi­ tional cost, this is to be used for paying off the plumbing and heating, and the balance for improvements such as sidewalks, blackboards and miscellaneous items, and for some additional cost made necessary on account of some small changes in the architect’s plans. The members of the board have endeavored to get for the district the best possible building, taking in­ to consideration the present high cost of material and labor. They feel that the work has been pushed by the contractor in a very efficient manner. The building is now at a stage where nothing further can be done until the plumbing and heating is installed, which cannot be done without additional funds being vot­ ed. The price of material is still ad­ vancing, and if the district is not able to go ahead with the work un- der the present contract, the delay trict. Local labor is very largely ployed on the building, making pay roll large enough to be a consid­ erable benefit to Bay City people as a whole. The board wishes to hive for the district a school house In which the people of Bay City ca ntake pride, and which will furnish ample accom­ modations to the children of the dis­ trict. The building is 76x126 feet in size. It has a fire-proof fire room, and gymnasium 35x70 feet, with stage, locker rooms and gallery in the' basement. It has a large assembly room, four class rooms, three recita­ tion rooms, laboratory, library, labor­ atories, and principal’s office on the main floor. The grounds are com­ modious, and sufficient to allow for future development for playgrounds. The board feels that what has been done has been for the interest of all of the people of the district, but it is necessary to have addition­ al funds in order to complete the work, and it urges that the people turn out to the meeting to be held on January 27th, and support the undertaking which is for the bene- fit of all. A meeting was held sometime ago at which little interest was shown and only a small number of voters being present, and for that reason the board is publishing this statement in order to get the matter before the voters and to urge upon them the necessity of hurrying this work along. Respectfully submitted, L. A. Watt, W. C. Hawk and Henry Butler, members of the board. A money-maker and hard work saver for land clearer» and wood-cutting contractors. One man can move it from cut to cut. Simple and reliable. ~ ; in _______ “ over ___ the V. S. When not in UM tor wood cutting, the 4II. P. motor will ______ Hundreds use all run mills, feed mills, feed cutters, pumps, etc. ** M) Wade Sno ii' entaa wrd far Uo lhaa 3 canti a read. ’*—F J. H' i U uoi , Enrol. O». Quick dalivoriaa from oner 100 pointa throuffkonl tha Unitoci Stataa. " Ikacaiaiaadthraa^hfioa-feal nHdaallag>altka aal. alana faaa a minaaa. ‘*—N. F. M/m. Laaan. Cakf KmrAr.i must burn more wood tor fuel. One Wade will do 10 men’s work st one-tenth the cost Write for free Book. *'liow Dan Ross cuts 40 cords a day,” full de­ tails and spec­ ial price. Sold by Standard Feed Co., Tillamook, Agent “LOMBARDI LTD.” Metro Screen Classic Special Production Featuring BERT LYTELL. CEM THEATRE, THURSDAY NIGHT Report of the Condition of JANUARY 29th An ultra-smart romantic Comedy of Modes and Moods, in seven smashing reels. It is a smashing “Girl Show.” Every one of the score of girls was selected for her loveliness, and every or.e wears gowns that will dazzle every woman who behelds them. In fact we will “stake" our reputation for “Good” shows on this ONE. COME EARLY—BOX OFFICE WILL OPEN AT fl: 30. ADULTS, 25 c . CHILDREN. 15c. Charming Pickford Picture. ------ o------ Mary Pickford, the famous star, again demonstrates her popularity in "Hearts Adrift”, a Paramount reis­ sue which will be shown at the Gem Theatre, Friday, Jan. 23. Miss Pick­ ford is seen as a castaway on an is­ land and her portrayal is one of the best of her varied and successful screen career. The various roles are in competent hands, the leading man being Harold Lockwood. The photo­ graph is excellent and the direction by Edwin S. Porter all that could be desired. A Suitcase Full of New Tricks in “The Knickerbocker Buckaroo.” RESOURCES. Loans and discounts, including rediscounts..................................... $738,745.3» Overdrafts, unsecured................................................................................. 4,494.8» Deposited to secure circulation, U.S. bonds par value $25,000.00 Pledged ar- collateral for State or other deposits or bilU payable................................................................... $91,000.00 Owned and unpledged......................................................... $14,939.00 Total U. S Government securities..................................... 130,939.00 Bonds (other than U. S. bonds, pledged to secure postal savings deposits................................................. $3,000.00 Bonds and securities (otherthan U. S. securities) pledged as collateral for State and other deposits (postal excluded.) or bills payable...................... $5,000.00 Securities, other than U. S. bonds (not including stocks), owned and unpledged.............................. $100,874.22 Total bonds,securities, etc., other than U. S...................................... Stock of Federal Reserve bank (50 percent of subscription) .. Furniture and fixtures............................................................................... Lawful reserve with Federal Reserve Bank..................................... Cash in vcult and net amount due from national banks............. Net amount due from banks, bankers and trust companies . .. Checks on other banks in the same city or town as reporting bank............................................................................................................. 2,054.91 Checks on banks located outside of city or town of reporting bank and other cash items................................................................. 9,430.73 Redemption fund with U. S. Treasurer and due from U. S. Treasuier ................................................................................................ 1,250.00 Interest eained but not collected—approximate—on Notes and Bills receivable notpast due.................................................... 8,265.36 i Total $1,145,762.75 LIABILITIES. Cauital stock paid in .......................................................................... $ 50,000.00 Surplus fund ........................................................................................... 25,000.00 Undivided profits .................................................................................. 689.33 Circulating notes outstanding......................................................... 25,000.00 Net amounts due banks, bankers and trust companies.......... 26,335.59 Certified checks outstanding........................................................... 60.00 Cashier’s checks on own bank outstanding................................ 24,382.49 Individual deposits subject to check.......................................... 594,843.56 Certificates of deposit due in less than 30 days (other than for money borrowed) ..................... '........................................ 14,200.00 Dividends unpaid ................................................................................. 4,000.00 Other demand deposits........................................................................ 320.35 Certificates of deposit (other than for money borrowed) . . 65,368.55 Postal savings deposits.......................................... . 464.13 Other time deposits................................................... 281,322.59 Total time deposits subject to reserve ...... $347,155.27 Bills payable with Federal Reserve Bank . , 30,000.00 Liabilities other than those above stated .... 3,776.16 a Total.................................................... $1,145,762.75 State of Oregon, County of Tillamook bs : I, C. A.McGhee, cashier of the above named bank, do solemnly Douglas Fairbanks has a suit case full of brand new stunts that he in­ swear that the above statement is true to the best of my knowledge and be- C. A. McGhee, Cashier. troduces in his next picture, “The Subscribed and sworn to before me this 17th day of January, 1920, Knickerbocker Buckaroo,” which is Rollie W. Watson, Notary Public, to be shown at the Gem Theatre My commission expires October 29