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About The Coos Bay times. (Marshfield, Or.) 1906-1957 | View Entire Issue (Dec. 16, 1910)
' 8 THE COOS 'BAY TIMES, MARSHFIELD, OREGON, FRIDAY, DECEMBER 16, 1910 EVENING EDITION. W ct HliflH VtHr'J (mm yJL wm Bt Wm A Pair of Shoes or 8 WITH A SUIT OR A RAIN COAT BOUGHT ON SATURDAY OR MONDAY. WE WANT TO SELL AS MANY SUITS AND RAINCOATS ON THESE TWO DAYS AS WE DID LAST WEEK WHEN WE MADE THIS OFFER. THEREFORE, WE ARE GOING TO REPEAT IT. . DOES'T MONEY TALK? ore Shoppin M g V "w i J w Tfi Days to urn instma w; WHY NOT, WHEN MAKING YOUR CHRISTMAS PUR CHASES, MAKE EACH DOLLAR RECEIVE ITS FULL VALUE? YOU KNOW HOW THIS IS DONE B Y PAYING CASH THEN TRADE AT A CASH STORE. "MONEY TALKS. IT IS OUR PURPOSE TO FAITHFULLY OBSERVE AND PERFORM OUR EVERY CLAIM. COMPARISON IS M FAIREST TEST TO YOU TO OURSELVES AND WE HEARTILY INVITE IT. THE ENTIRE STORE IS FILLED WITH USEFUL SUGGES; TIONS FOR CHRISTMAS GIVING. WE INVITE YOU to SEE THEM. Hub Clothin C.prrlfM ItIO MARSHFIELD AND BANDON x North Bend News C. M. Bylor and wlfo woro Marsh field visitors yesterday. W. S. Simpson and wlfo woro Marshflcld visitors Tuesday. Mrs. Gobhardt la roported quite 111 at tbo homo of her daughter, Mr. C. S. Kaiser. Alva Grout, who Is attending tho Oregon Stato University at Eugcno, will spond tho holidays at homo hero. Mlsa Stolla Wlcklund, who has been visiting friends here, has re turned to her homo in Empire City. Mrs. Slg Hansen and children of Aljogany, are in the city to Bpcnd tho holidays with relatives and friends. Kruso and Banks havo been awarded tho contract for building a sung boat 30x70, equipped with n derrick, for removing tho snags and obstructions In tho Coqulllo rlvor channol. Mrs, J. Carleton, who spent a fow dayH with relatives and friends, has returned to her homo on Catching Inlet. enjoying u short visit In San Fran cisco. AugiiBt Iloolllng has Just received word of tho death of a brother at Calpolla, Cal. Miss May Peterson, who has bcon nttondlng business collcgo In Port land, Is roported 111 at tho homo of her brother In Oregon City. Lincoln Roynolds, who has bocn horo on a visit with his family, has left for Florence. Ho expects to spend tho winter on tho Stuslaw. B. W. nornttt of Marshflold, is a North Dend business visitor. G, Peterson and wife of North In lot, woro Marehfreld shoppers yesterday. Geo, Scelig of Marshflold, has charge of the Breakwater offlco whl'.o Agent McCollum and his wife am Santa Claus Proclamation Whereas, It has como to my knowledge that tho finest lino of Imported Candy 'Baskets mid Boxes ever soon in Coos county nro now on display nt Staf ford's, I hereby appoint this store as tho plnco to get your CHRISMTAS CANDIES, and Candy Baskets and Boxes. Hon't delay plnclng your orders or you may bo disappointed. You will also Hurt there, flu-Mums Caudles of all kinds Pop Coin for Christmas tive chains. Always snmctliliiK now ut Mrs. Henry Moody, who died In Coqulllo tho other day, was a sister of Mrs. Huzor of North Bond. 13, B, Michaels and wlfo of North Bond Holghts aro rejoicing oyer tho birth of a daughter. Chas. Dlngman has bought tho G. Galloway forty-acre tract on Kontuck, Inlet nnd proposes to convert It Into a flno orchard. KINNEY DEALS TOLD IN COURT Mlsa Eva Thorn has returned from Portland where sho Is attending Bchool to spend the holidays with her parents, Mr. and Mrs, Chas. Thorn, Portland Paper Tells How J. Thorbum Ross Became In terested In Projects. Tho Portland Orogonlan prints tho following story of tho Kinney bank ruptcy caso hearing there: "In an alleged attompt to provent the entry of railroad belonging to tho Bouthorn Pacific system Into the Coos Bay district, It was alleged that companies financed by J. Thor bum Roes nnd manipulated by L. D. Kinney had "sewed up" tho water front of that district as railroad rights of way and aro now attempt ing to promote real estate bargains. "An injunction was issued by tho United States court prohibiting tho foreclosure of a mortgage on all tho property by L. D. Kinney to P. B. Walte, of Roseburg, and demanding an accounting on behalf of creditors of tho Coos Bay district who repre sent 1700,000 of Indebtedness. Attorneys Robert Tucker, Charles B. Selby, of Marshflold, and A. S. Hammond of Coqulllo. have entered for the first tlmo In a year. It will their appearance In bohalf of tho bo pleasing nqws to many friends of creditors nnd aro attempting to havo Marlon Reynolds has resigned his position at Myers' store and will re turn to Berkeley after tho holidays, to attend the university for the com ing year. L. Balslngor of Portland, Is figur ing on taking over tho Coos Bay Mercantile Company's store which has been In tho hands of a receiver for soma time, Miss Bortlno Hlcklng, who has been In the Children's hospital In San Francisco, Is again" ablo to walk tho family, TWO STOKES 230 Front St-i-MO Central Ave Dr. and Mrs, Ira Bartle and Miss Lillian McCnnn nttemled tho concert nt Marshflold last night. Mrs. J. V. Gardiner, Miss Heath, Sirs. McKay nnd Mrs. L. K. Reynold's were among other North Bond peoplo In attendance. Tho North Bond school tnx levy for tho ousiiing year has boon fixed nt fifteen mills. This with tho state apportionment will furnish about $1S,CS0 which, according to esti mates, will Just meet the school ex penses. Thoro Is talk of declaring tho sent of M. M. Straw of tho board of directors who has been absent from tho cltf six months vncnnt nnd electing a now mombor. BUXBAK waterproof HATS at TnE GUNNERY. the various companies organized by Kinney declared involuntary bank rupts. Narrow Esenpo Alleged. "Tho mortgngo was to havo been foreclosed Monday In tho circuit court of Coqulllo, and It Is alleged that by so doing tho creditors of tho Title Gunranteo & Trust Company would havo been defrauded of ap proximately $00,000, bank funds and Intorest, representing tho alleged In vestment which Ross mado in tho scheme. "After receiving tho money from Ross, it is alleged that Kinney's pro ject was a belt-lino railroad encir cling tho harbor of Coos Bay and which gnvo him control of n great area of watorfront. He Is said to havo received cordial support from residents of tho district nnd to havo obtained deeds of concessions cover ing tho entire distance. Kinney Is then charged wfth having platted the watorfront into lots and whnrfngi and to havo sold It at n handsomo profit, Walto having helped to flnnu co and promoto tho deal. "Blind Investment" Alleged. "It Is charged by roprcsontntlvcb of Ross that ho never received any return from tho money ho Invested nnd that neither ho nor tho receiver for tho Tltlo Gunranteo & Trust Company know of tho valuo of tho Investment mado with tho bank funds until tlmo camo for foro- closuro of tho mortgage. "It Is charged that Klnnoy, a well-known promoter, realized tho valuo of tho wharfago front, on Coos Bny and Inspirod Ross to supply tho funds. "Klnnoy first organized the Bolt Lino Railroad, surrounding tho bay, and followed it with the Grand Cen tral Railroad connecting Marehfleld with North Bend. Ho next organiz ed the Rapid Transit Company. "inatMrt of bulldlnc railroads. Kinney Is charged with establishing j Bawmllllng industries and operating general stores for tho solo of mer chandise, hardware, buggies, har ness, lumber and machinery. Bank Trasteo Holds Title? "Tho real estate, which Is tho only valuablo asset acquired by these dif ferent parties, has been sold to var ious people, It is claimed that John K. Kollock, an attorney of this city, holds title as trusteo for the Tltlo Guarantee & Trust Company, or tho receiver of that institution, and oth er parties who advanced money. "Klnnoy nnd Walto "havo been In litigation In Coos county over their respective rights, and out of the various controversies creditors of thoso different corporations nnd of L, D. Klnnoy havo obtained sufficient facts, It Is alleged, to warrant them In seeking to havo tho various cor porations, Including Klnnoy, declared bankrupt, nnd petitions In bankrupt cy havo been filed ngalnst tho Bolt Lino Railroad Company, Rapid Tran sit Company and L. D. Klnnoy. Tho petitioners nllogo the Insolvency of tho corporations and of L. D. Klnnoy, and that they havo committed nets of bankruptcy by preferring certain creditors, "On November 21 tho Rapid Tran sit Company was adjudicated a bank rupt and nn order of reference made. It Is said the debts of these various concerns aggregate upwards of $700,000. "Walte began several suits to fore- closo mortgages taken from Klnnejr upon real cstato in and about Mario Mold. Fraud Is Alleged. "W. P. Evans, a creditor, alleges tho mortgages seoklng to bo fore closed amount to about f 130,000, and that tho mortgages aro fraudu lent, that thoy woro executed without nnv consideration and for tho pur- poso of defrauding tho general credi tors of KInuoy nnd tho two rallwir companies. It Is allogod Kinney and Walto woro partners, nnd Incurred largo Indebtedness as such, and that tho protended consideration for the mortgagos was tho transfer by Walto to Kinney of tho real estato, that tho transfer waB ontlroly fictitious and fraudulent, and that at tho tlmo of making tho transfer. Walto had no tltlo whatever to any of the property. 'Affiant further says that Wlt nnil VfnnBT nml J. N. Sbohan acting In collusion n tho matter of forfteloaltir tho mortgages for i" purposo of converting to their own use tho valuablo assets of the alleg ed bankrupts." FOOTBALLS at THE GUNNBBYV 22-callbro RIFLES at tho GUNNER" Nine Days to Xmas DEC. 16 Join the Ear ly Shopping League Right Away Sparks PLUGS at THE GUNNE rf - - ir j 'flBBaME" J" . iKuiM