Newspaper Archive of
The Billings County Pioneer
Beach, North Dakota
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May 5, 1960     The Billings County Pioneer
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May 5, 1960
 

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BILLINGS COUNTY PIO~EEU Construction Begins at New BJC Site Dsen as Soybeans, Inc, a North Dakota corporation, has chosen a site near[ Kindred for the construction of a, $~80.000 soybean processing plant. Martin K Kruse. spokesman for the Kindred Development Carp. was advised of the decision by Jo-I seph Monroe. vice president of the] North Dakota Securities Co. of Bis-I marek, which is selling stock toI build the plant. Sen. A. W. Luick of Fair- mount. N. D is president of the Soybeans. Inc. board of directors, Other directorsare residents of Richland county The plant will manufacture oil. which is used mainly in shortenings, margarines, paints and plastics: and meal. which ]s used mainly for poultry and stock feed. Officials said they expected that soybean production in area counties would be adequate to supply the plant. Construction of the buildings is O ng hour basis with a manual staff of 20 to 25 persons. The payroll for the operation of the plant is estimated to amount to about $100.000 a year. Monroe said about 2 1/4 million bushels of soybean meal will be processed a year. The securitms hrm plans to sell 800,000 shares of stock at $1.50 a share to North Dakota residents. Total value of the shares will be abom $1.200.090. Monroe said about $50.090 worth had been sold already. Monroe said that factors which led to tile decision to locale near Kindred included the presence of an adequate wa~er supply from the Sheyenne River and proximity to all-weather roads and raihvay fa- cilities. Min0t Cafeman Seni to Prison Probation of a Minor care operator has been revoked, because of con- i tmued illegal operations at hLs care Willie Foreman, 55, was ordered returned to federal prison. He was indicted in 1944 on four counts after government agents reported the cafe was used for gambling and .llegal liquor sales and that rooms ab~ive the place had been used for prosti- tution A federal grand jury in St Pare heard the charges. Foreman was given probation on two counts ~nd sentenced to consecutive five-year ~erms on the others. The terms were extended be cause of Foreman's violation of s werai conditional releases, according to Hyam Segell. assistant United States district attorney in St. Paul. When finally released in 1967 Foreman was put on probation He The si~e is also about 16 miles must now serve the two terms for from U. S 1O and Interstate 94. which he was given probation. Monroe said the highway approach-] "O expected to start as soon as soil ability was important because theI Major disadvantage of linseed tests are completed at the site, products would be shipped both by loll in paint is that it produces yel- Workmen completing the excava- which is one and three-quarters rail and truck, lowing with age which makes it tlon this week at the new Bismarcki Spraying for cattle hce requires Because of the flexibility o miles south of Kindred. The loca- --~--- i unsuitable for use in whitf paint Junior College building site in at least 2 treatments, the first to heavy white turkeys, which can be tion is in Richland county near the northwest Bismarck have a view kill the adult lice and the second, marketed as fryer - roasters or Cass county, border, t sausageM re thanhave tWObeenbilliOnprocessedPOUndSannu Of i i~hes.and other, light. r.LCOlored interior fin- Construction plans call for a bull- ally since 1951 at federally inspect- -- - of ~ miles up and down the Mls- in 10 to 15 days (depending on tern- grown out to heavy weights, tlhey ding 120 feet long, 40 feet wide and ed plants. Sausage makers can uti- In 1958 U. S. h'esh milk sales to. souri--4he same view students will perature) to destroy at,hers as the have when the building is templet .~ hatch, imve been displacing the small ~a,~ . 30 feet high. lize cow and bull carcasses thattaled $6.44 billion wibh those of ed. --E~--- white Beltsville turkeys during the Plans are ',o have the facility iwould find little acceptance asbeer its nearest competitor, $5.08 Forms for the foundations were Keeping a range cow for breed- past several years, oper:dc, the year around on a 24-. fresh cuts. billion. datePreparedls the summerthis week.of i'~l.C mpleti n generallying purpoSeSwon,tafterpayShebecauseiS 9 yearSof tho ld Re-ng er 8y [ ca-n- -S-f~-ke .~ sharp drop in calf crol). Directors YOU T/. /~//(" I~ CAHCEL YOU, Q YOU 2clADS" ME THINK TF/E THAT DUMMY S,YDVED A GOOD PURPO6E/ 774~ L>OUBL~" pital Provident Life Insurance Co ] stockholders this week re-elected all I directors whose terms were end- t ingl~irectors voted several chan~esl beneficiaries, but that all ctm~pany records in the productmn of new business had been broken in the first quarter of 1960, Directors re-elected are E G. Clapp, Dr. L. W. Larson and Cecil R. Fuller. John E. Davis. governor t of Norlh Dakota. was elected to the] board to serve out the four remain- ing years of the term of his father. the late J. E. Davis. Elected to a proxy commilt2e to represent absent stockholders at the next annual meeting were Clapp, Davis, Edick, Fuller, Jones. Zuger and Milton Rue, also a director. Jones explained that the 10 per cent capital stock dividend declara- tion increases the company's cap- ital from $1,050.000 to $1,155,0t313 and leaves a surplus of $2,637,744.78. It I places an additional 10,500 shares in stockholders' hands and increases outstanding shares from 105,000 to m officer personnel and declared a ten per cent capital stock dividend, under which stockholders will re- ceive an extra share ~par value $10~ for each ten already held. Directors also voted an 80-cents-per-slaare cash dividend. R. W. Edick was elected senior vice president and relieved of his former responsibilities of secretary, which were previously combined with Edick's office of vice presi- dent. Elected secretary was S. M. Wezel- man, who also continues as assocmte actuary. John A. Zuger, heretofore general attorney, was elected vice presi- dent and general counsel. C. L. Young, who has been general court- 115.500. sel. was made general attorney. Jones told stockholders that new C. G. Nelson was elected to the a ency development is proceedinf~ new position of agency assistant, satisfactorily in Arizonn. Colorado and Nevada. new states to the con> All other company officers wcre~pany" with Utah "still to develop re-elected. . and produce." H. A. Jones. company president, t Provident had total resources of reported lhat not only had new $-13,968,879.94 at the close ~)f the t:~st highs been recorded dur, ng 1959iyear and $212,243,485 insurance in in sales, insurance in force, assets.} force as compared to $198,306,631i payments to policyholders andI at the close of the preceeding year.I 2~ DUCKED OUT OF FLOOD--A woman Is taken from an a,m- phiblot~ duck vehicle In Wheeling, IIL, during flood rescue operations in the Meadowbrook area. Old Governor's Mansion Vacated 77./15 DUMMy/-6D M~" TO THe" MAN rT / N wHY' You TRY TO PASS /r owz As T/ E F/A/~'~'D A ~ T/ME" TO ~UST YOUJ~ FATI-IE~ I~ OU7"~ID~ "V~ TOLD HIM For more than half s century this vommodlu~ residence at the corner of Avenue B ~nd 4th Street has been known as the Governor's Ma/ts/on. l~dlt In the early 1880's by Asa Fisher, pioneer brewer, it was the setting for many fllttortug social functions in Dakot~ Territory days. The 1893 North Dakot4t Leglslstlve ame~bly imued bill &uthorizLl~l its purchase for $6,000. The first goventor to occupy itwas Eli C. D. Short~dge mtd his family. Thls is one of the three North md le . repm mt ,in the book, "Historic Midwest HOlmes" by John Drnry. The others are Teddy Roosevelt's Maltese Cram egbin and the Ch~temu de Mores at Medora. The 1959 North D~tkoto legiMative assembly guthorized that ~ mrvey be made of the use that might be made of the old mansion so tlmt It might eonUnue in some state eaptelty. Aceel~li~g to IL H. Joo& chaJrm~n of the boa~! of administra- tion, no definite deeis/on lu~ been reaehed as to what will become of this histeHe houe. ,50?4, YOO'k'~" ,~E'D~'~'ME'D '-- AND T/ E