ers New ideas in Heavy Knit Sweaters, Turtle Neck, and Vest Sweat- ers. Colors : — White, Black and Oxford AT BOLTON'S. 's Furnishings, Hats and ATIONAL BANK OF SAYRE GENERAL BANKING “THREE PERCENT INTEREST Paid on Time Deposits. DIRECTORS, RB FP. Wilber J. N. Weaver, J. W. Biahop, W. T. Goodnow, PF. T. Page. ‘Reating, Estates Managed Collecting BE. BE. . Reynolds, REAL ESTATE Sori wavers: aectaent INSURANCE Property Bought, Sold and —Rxchanged — Loans Negotiated 117 Packer Ave. Valley Phone 230x, Sayre, Pa. ALEX D. STEVENS, INSURANCE AND REAL ESTATE. Negotiated, Insurance , Houses Rented, Rents Taxes Paid. 8 cents a pound, 4 pound 5 bar, 65 cents. beer brewed than STEGMAIERS’ STOCK LAGER ; is a rich amber col- red Beer with Body, and Quality y invalid and bev- ge of [the man, it today—same Ex-President Finds Equitakde Hard to Mutualize. HYDE AND Mr. Hughes Read Letter From Great Assurance Seclety Trastee—Thom- as A. Buckaner Explains “Nylie™ System. NEW YORK, Sept Syndicate operations of the Equitable Life Assur ance society were tuken up by the In surstce investigating committee and consumed the catire session. Heary IL Winthrop, assistant secretary and financial manager of that society, was called to the stamd and presented and swore to ord of svn lieate pations of his company, also to a rec ond of sales apd purchases of securi ties for the past five years. He detail el as far as he was able the transac tions of the syndicate of “J H. Hyde and associates” and took memoranda of all Information he was unable to supply, which is to be prescated at a Biter date One of the operations was in tic Coast line bounds, in which Hyde and associates” the Equitable participating as a wember, paid $1: 870.09 on call and received 114.500 profits. Mr. Winthrop sald there was nothing on the Equitable books to show who the “associates” Were nor what was Mr. Hyde's personal profit, The Equitable participated also in a Union Pacific syndicate in the name of J. H Hyde and when asked by what authority the soclety assumed the re- sponsibility of Mr. Hyde's personal op- eratlous Mr. Winthrop produced the minutes of the foauce committee In July, 1908, showing a written assign ment to the company by Mr, Hyde of his interest in this syndicate The so ciety pald Into that syndicate $1670 ASSOCIATES PROBED. — per —- A Pee partied Atlan. “y RB fu regard to these syndicate operations Mr. Winthrop =aid he would have to look up and supply later Just before Mr. Winthrop was exam- ined Mr Hughes read a long letter from: Grover Cleveland, who Is a trus tee for the policy holders Iu the Equi table society under the Thomas F Ryan agreement The letter was of fered in evidence, Mr. Cleveland detailed the progress of the trustaes in mutualizing the com pand and sald “the obstacles that jie in the path of the proposed mutualization are so Inherent that even with the greatest study and care they cannot be easily overcome.” In conclusion Mr, Cleveland said, “In best conditions in this important field of business, where much at stake, the trustees acting for the policy holders of the Equitable so clety will gladly welcome any aid in their werk which may result from the labors of your committee.” Thomas A. Buckper, vice pre