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About Oregon emerald. (Eugene, Or.) 1909-1920 | View Entire Issue (May 9, 1916)
1LUNGF0DD FOILED or ff low J'. G. Richardson, Corporation {Examiner, Says Oregon Stat ute Is Best in Union. How the “blue sky" laws of Oregon enforced through the corporation com missioner's office at Salem protect the i Bjtock buyer from the professional fleecer, 1 eras explained io Prof. F. O. Young’s (class in state administration by J. G. Richardson, corporation examiner, in Cluild hall yesterday morning. j "Oregon has the best ‘blue sky’ laws in flie- Union," said Mr. Richardson. “They were patterned after the Kansas law of j 11911, the first legislation of this kind tijif this country. Our law does not as 'sifte the investor that he will make money on his investment, but It Insures him against the unscrupulous, robbing < promoter." Fights Bogly Business. Here are a few instances which Mr. Richardson cited where risky promotion j schemes have been nipped in the bud by ! the office in Salem: Three men agreed , tol enter into a contract with a man on the coast who had a little mining prop erty with a 75 foot tunnel bored into a hill. They were to pay him 7$,000 for bin workings, provided that they could 1 organize their company. “They came to me with this proposi tion,” explained Mr. Richardson. ‘That they should be allowed to incorporate ani sell 1,000,000 shares of stock. Then tho mine would be turned over to the company' for half the capital derived from the sale of these shares. The other half of the money from the transfer of the stock would be used to operate the holdings. The price per share would be , $100.' VTheir Intentions were to pay the $7,000 to the owner of the property out of .the $500,000 which they would have made on the selling of the stock. "Naturally those three men were mighty disgusted when I told them that we, could not grant permission for the forming of such a country. They went to jan eastern state where there were no ‘blue sky’ laws to do some organizing. On’ce In a while I get letters from people ba^ik there asking about those thTee men. I lake great pleasure in telling my in quirers about the scheme they tried to work in Oregon.” Ost-Rloh-Qulok Scheme Nipped. Another promoters’ proposition that wn\i stopped before it got underway was a serious contract engineering. Some individuals wanted to form a corporation which would have the right to sell con tracts to persons at $100 each. The purchaser was to pay in $10 a month. IVlren 100 contract holders had paid their ftr*,t installment purchaser number one would have the privilege of borrowing $1,000. “I toik a pencil and figured that the plair would lose the contract holders Just $llloO0 <ach year,” declared Mr. Rich ard ion. “Needless to say, we did not isBiie s permit for the proposed com pany “A. short time ago several Portland 3,«A ^wanted to incorporate an organiza ori,. They wished to issue a bond of $25,000 on assets which we determined we A) worth about $8,000. Those individuals are also radically agf)nst the Oregon ’blue sky, law, now, for We could do nothing but turn them r] All tl •• "^tocks nnd bonds ure two different things. One la gambling more or less wh^n he buys stock, but when he buys bonds, he is supposed to be pitting the full w'OTth of his money. That is why the promoters of various schemes must be watched.” fldjr. ltichardson snid that though ‘‘blue skyV lawa ware of recent date, corpora tion larw»»wffre in operation several hun dred] yeana bafora the bb-th of Christ. Such lawa were in the general statutes of tile. Hotnawia *62 B. C., according to tha^paaker. ( -- ■ — * FRFffOH’B ABIES TO BE PROVIDED FO;R BY UNIVERSITY OF KANSAS. A.campaign for the adoption of French habits whose fathers have been killed in the war Is being, carried on at the Uni versity pf Kansas, Already several fra* lernltties have increased their member* ship by adding one of these babies to their number. Tty a "University l'biVr Kansan," of Afarch 27, eaysi "The decision of other fraternities in the university to follow the lead of the Uhl Psia nnd adopt war bobita, is the most welcome news of the tpastj weeks.” According to the plan the wm»Wblaa are to be kept with funds that the men would otherwise spend for pic ture" whowa. | _ OUjflronf, fa mob* In football history, is* th|e first man in the history of West Point to win the coveted "A” in ail four I | A FIT OF A GREEN CAP * (By K. M.) I was bought at Sam Friendly’* eight months it is since that morning when I some Frosh’s pate was first adorning. For the soap-box we departed where the Sophs some tradition imparted, and my owner a wiser boy was he. After a few weeks had rolled by the Freshmen raised a stench by painting green nineteen* all over the Senior bench. Soon all the class had gathered to apologize for this of fense and to cldap off the baby numbers by dipping me in naptha. The Frosh learned a lesson and from then on was leeTy about the transgression of any propriety. To keep me where I should be Prexy Burns chose a vigilance commit tee who refuses to accept a single alibi from any offending and shy Frosh, and if there’s substantial evidence—why, in he goes to serve his penitence, clothed in primeval innocence. On my Freshman’s head I rest while he to his classes every morning trots. On the way I’m tipped and doffed to e^ery co-ed—how high he lifts me depends upon conditions of the heart, and when the Inst bell sounds my master into the room bounds stuffing me with all his might into his English pocket tight leaving me to conjure how it is I can endure such treatment. My bill, in order that I may appear more rah-rah, was ripped off. I’ve been torn and otherwise handled rough. In bash fulnesa I’m twitted when my owner is outwitted by tile glance of a Senior stern, and as an ink wiper I’ve served till I’m completely unnerved—oh, when will people learn that neatness i* a mate of happiness. Alns for ail my service as a brain-leaf, Week-End plans are says Frank Scaicfe, that I must be burned in a barrel, but listen, who can foretell, I may reside in some fair maiden’s memory book or ride the head of a next year’s rook. Committees of Students Drawn (Continued from page one) Dave Wilson, Ray Mondhallen, Lucien Arant, Gordon Clark, Ray, Avery, Clar ence Rrunkow, Don Bird, Edwin Cox, Harry Hagen, Will Uerrettson, Bryan Foster, Earl Fleischman, De Witt Gil bert, John Dolph, Joe Denn, Elmer Howard, Ho Scfaeng Huang, Clarence Bombard,, Walter Cressey, Knighton Walter Matson, John Montague, Orville Monteith, Carl Nelson, Fred Moxley, Fred Packwood, Charles Prim, Tom Hugh, Randall Scott, William Snyder, Qolf—William Burgard, chairman, Eiler Brown, Janies Cellars, Fred Dun bar, Gavin Dyott Earl Heckart, Ercel Hedrick, Bruce Holbrook, Henry Howe, Walter Kirk, Le ,Roy Ogle, Floyd South, Bill Tuerck, Hermes Wrightson, Leslie Tooae, Bob Earl, Alex Pearson, William Bartlett, Don Belding, Elmer Boyer, Everett Calllson, Tom Campbell, Newton Center, Charles Crandall, Charles Corner, George Davis, Charles Dundore, Ross Giger Ltpwis Forrow, Frank Gardnor, Halter preba, Albert Hartley, Fred Hcitzhausen, Dell Henson, Joe Hedges, Irwin Hartley^ Bruce Flognl, Albert Bowles, Ralph Boyd, Elmer Brenton, William Brocde, John Elder, Fred Deckenbnch, Leo Cossman, Royce Brown, Arthur Bushman, Dale Butt, Tyrell Carer, Don Cawley, Herman Edwards, Jay Fojt, Ralph Milne, Roger Frohn, George Oates, Jay Gore, Lyle llarpole, Maynard |IIarris, William Hazel ton, George Guldigor, Harold Gray, Claud Hill, Roger Holcomb, Dorsey Howard, Ralph Hum, Horace Hyland, Wilfred Jenkins, Charles Johnson, Sam Kimball, Ray Couch. Lon Horwood. Thurston Luraway, J. D. Leonard, Hunt Malarkey, M. Melson, Cedric! Marshall, Clyde Mat son, Graham McConnel, Robert MoNary, Rolph Tourtelotte,' Joe Skelton, Godfrey Tschanao Emil Tsjchanae, Ivan Warner, Algy Welnheimer, William Rebec. Tennis—Lewis Bond, chairman, Uoseoe Hurd, John Burgurd, Clayton Conley, Glen Dudley, Charles Nelson, Paul Baker, Arthur Pengra, Richard Babbitt, Clay ton Baldwin, Clarence Bean, William Blacknby, Percy Boatman, R. W. Bowers, Joseph Boyd, Harold Brock, Dwight Wil son, Ray Brown,1 Don Campbell, Bert Clubb, George Cook, Basil Williams, Paul Downard, Fremont Dickson, Fred Erickson, Kd Gordeau, Janies Fnubion, Victor Sether, Spencer Ross Frank Da-vis Lawrence Herschucr, Russel Fox, Rich ard Wilcox, Fran'ris Lambertl, Robert McConuell, Harvey Madden, William Me Murray, Grahm Smith, Nicholas Stancell, William Morrison, Harold Newton, George, Lawrencli Hnderwood, Tom Hardy, Dolph Phipps, Harold Sexton, Bverly Sheldon, Paul Spangler. Miscellaneous—(Meet at Gym Cornerl, Bothwell Avison, chairman, James Coss uian, Walter Diuuu, Karl Morrison, Max Souituer, Lamar Tooae, Howard Hall, Roger Jayne, James McCallum, John Me Outre, Leo Potter, Seth Smith, Harold Wells, Robert Atkinson, Henry Camp bell, Robert Case*, Anthony Sehaves, Perry Kronise, Warren l'dwards, Ray Faubion. John Goldsmith, Krnost Ilois ington, Frank Hunt, Peter Jensen, Ray- : moud Jones. Mason Price, Kenneth ' Stepheus, John Wallace, Harold Wade, George Tucker, Ernest Bills. Sam Bill- ' lock, Harold Cake, Victor Chambers, Joe Md,ean, Kenneth Moores, Don Roberts. Arlow Bristow, Kdiptr Garbade. Everett George, Oscar Gorexky, Perry Wilson, 1 Klii* Williams, Herbert MoFadd&n, Wal Veteran First Baseman Elected to Fill Guardian's Berth for Season 1917. Dick Nelson, varsity first baseman for three years, was elected captain for next year’s baseball team by the Oregon team when they were returning, de feated, from Corvallis on the Oregon Electric last night. Nelson was the only Junior on the baseball team and, as such, the logical choice for captain. His election has been foreseen for some time. He ha^i had wide baseball experience, playing much before entering college, and is well known in college and “bush" ball circles. Nelson is from Lafayette, He is ma joring in education and is an -/ilpha Tau Omega. Besides playing first base,, the big man was tried out as a pitcher this year. He showed lots of promise but a tendency to blow up, due, probably to inexperience in the position. He may be used there again next year. He- is one of Bezdek’s heviest hitters. Oregon loses two of her heat stars this year by graduation. Bil} Tuerck, four-year pitcher, and Captain Anson Cornell, shortstop for a like time, have played their last college gamesi and will never again be seen in a lemon-yellow line-up. ter Kennon, Charles Huntington, George Moorehouse, Jake Risley, Russell Quisen berry, Harry Proctor, Charles Prim, Earl Powell, Ernest Peil, Harold Prestol. Eats—(Meet at McClure and) Friendly Hall). Louis Bailey, chairman, Roy Stephens, Glenn Wheeler, Virgil Alex ander, Walter Bailey, Ira Bowen, Berle Bramhall, James Burgess, Kenneth Far ley, Gordon Fletcher, A1 Holman, Jenkins, Lin McCready, Don Knox, Joe Meszner, Alva Nipper, Robert Scearce, Curtis Beach, John Daly, Percy Guy, Paul Scott, Alder Webb, Weivisick, Carrol Weldon, Ernest Watkins, Francis Yoran. Junior Prom—Frank Scaiee, chairman, John Beckett, Joe Bell, John Black, Alex Bowen, Bernard Breeding, Loren Butler, Stanley Eaton, Jack Elliott, Roland Geary, Howard George, Her man Qilfilen, Harold Hanstreet, John Huston, Nicholas Jaureguy, Sred Kiddle, Harry Lynch, Graham McConnell, Robert McMurray, Fred Melzer, Charles New castle, Linn Parr, Eli Rutherford, Henry Thorset, Ernest Watkins, Floyd Wester . field, Wayne Stater. Water Carriers—Karl Beeke, water boss,Archie Bird, Raymond Estley Farley, Alfred Skelton, Skidmore. Painting Oregon 0—Willinrli Mont gomery, senior member, Howard Mc Culloch, chairman, Loren Roberts, Scoop Rathbun, Russell Ralston, Leo Furney, Dick Nelson. Parade—Merlin Batley, seniors, Chester Miller, juniors Scaiefe, sophomores James freshman, Raymond Burns. Order of Parade—(1) Band, Burns, William director, Frank Sheehy, didates winning popularity contest, (3) r men, Simpkins, letter men in sweaters, senio (sombreros), (5) Juniors (cor|duroys), (6) sophomores,, (7) freshmen. Burning of Caps—Cleave Master of Ceremonies. Pol oe Force—Mandell Weiss Batley Ross Giger, Cleaveland kins, George Colton, Prentiss Walter Kirk, “Slim” Crandall. 2) Can Merlin Simp Brown, ♦ ♦ TAU KAPPA ALPHA ELECTS ♦ Walter F. Myers ♦ Earl Fleischman ♦ ♦♦♦♦♦♦♦♦♦♦♦♦♦ "We don't care a heap about but she loves gold braid. There’] anything in the world she won' even for a string of soldier buttons.” —Conley In “Arizona.” ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ leather. i hardly t trade Very Cleanly Yours Eugene Steam Laundry One-Two-Three A good many of our most useful men have made mistakes. We take a man on here and ask no questions. All we care about is, will they stand the gaff.”— Conley in "Arizona.” "A woman that’s married to a fel low has a pretty tight cinch on him,— that is, if he likes her.”—Conley in “Arizona,” 160 “Preppers” Sign (Continued from page one) Phillips, Trumbull. Jefferson Sends 18. Jefferson: Reed, Bessel, Thayer, Grant, Snook, Dellahunt, Wilcox, Spring er, Haughy, Mack, Berkie, Barker, West, Thompson, Goodwin, Sj.x, Foster, Davis. John Day: Henry Foster. Lincoln: Busch, Feike, Spearow, Lake fish, Tannensee, !McTa(rnahan^ White, Knuds en. Mapleton: Potterf, Gilbert, Chapman, Robinson. Marshfield: Merchant, Beck. Monmouth: McKenzie, Mulkey, Walker, J Fisher, Portwood, Mulkey, Skeen, Van Loan, Kapp, Strong. McKenzie: Hartley, William, Foun tain, Chaffee, Wegner. McMinnville: Reeves, Parker. Salem: Willian, Fruit, Jones, Alfred, Ratcliffe, Miller, Bales Hagedon, Clark, Robinson, Proctor. Scappoose: Price, Johnson, Holland, White. Seaside: Voss, Peeler, Schanberger, Pawson. St. Helens: Dale Perry. "A soldier’s trumpet.—That’s a sold ier’s .cocktail.”—Lieut. Denton in “Ari zona.” “The world ought to pity a woman who has money.”—Estella in “Arizona.” A NEW ONE Ruby Mist Victoria Chocolates Chambers' Hardware Store........ 742 WILLAMETTE ST. Silks-F ancy-Silks Wait for our greatest silk sale THIS WEEK 4 v 1000 Yards of Fancy Silks Mostly Gro De Londres, Taffetas and Bro cades. New Stripes, Plaids and Figures. Val ues are $1.50 the yard, this sale 1 98c It is far better to COOK WITH GAS Than to gas with the cook. Phone28 OREGON POWER CO. PALACE I == Barber Shop SOVERN & RATHMELL Proprietors FIRST CLASS BARBERS First Door North Smeed Hdtel 747 Willamette I Send Your CLEANING ANI> PRESSING to [the IMPERIAL CLEANERS, 47 Seventh Ave., East. Phone 392, or give your urder to N JAUREGUY JlshbY-*i%n-Lexicon‘*2%H ARROW C O LLAR spring Style, in two heights CLUETT. PEABODY trCO. INC~MAKCRS Dun n’s i Bakery For Good Pasteries SEND THE EMERALD HOME WHAT— r You want in your new spring clothes is distinctive character, ser vice, and comfort- ! WHAT— ! i 1 ou get depends upon where you order them-- I Let us serve you to<Jay The Haberdasher Willoughby “Men’s Outfitters” Bangs