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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Dec. 15, 1904)
3G i Xmas News -OF- GREAT IMPORTANCE J w - m i - . . pMMiiimanMPMpiMPMinfiMMaM mm iiiejsjpeaeaeasea- awe tjwswwi i Wm . .7" 1 1 urreat 13 r All Ladies' Suits. All Ladies Sackets. jfin,fj s Youngs ffe, tWteiSffti ' . 1j iff raZi WwsM ImitmmMy. -uniiiiii.j . . , 11 lit t . ' 5 tih -i-j: . 1 1 1 'i 111 1 it i 1 hi 1.1 ii'i 1. ,1' y cms "sirorema 1 and , tendd a hearty irivitatiorr -4 to call andlnspect thet 0 most Extensi ve' 'liiie " of Xrriae Goods tliatVi was ever -ferduglit ! to 1 La ; -i .'. i ' . . .... .-. , Grande. i a: 0 , M'miimf tf .? J'.f.-u rf t i-'t )r rf'r ; All Udies' Cravcnette Coats All Ladies' Tailor Hats.- V All LadieV Trimmed Hats. t All Misses Hats. All Children's Hats. All Men's Underwear.' All ladies' Underwear.' All Boys' Underwear, i: t nOS,! All Childrens' Underwear. AT SPECIAL REDUCED PRICES .l.yl; r Until December "25th t 1.4 D a a u a a a a a a a a a la a a a B a a AStoreWithii AD A Injtbattime the town has A KCCOrflx S AWly doublfi in population tf 7fDarIngtheBine time our msiness has increased FIVE FOLD. In other words bur business bas made a great deal mere rapid increase than the town has. " There are dozens 'of reasons for tnis all of which you will perceive if you begin buying drug Itore goods of os. In the first place we had a thorough training for pharmacy. In the second place we had ex ceptional opportunitis for learning the practical side of pharmacy in a successful drugstore' of the highest stand.' ing. la the third place we have kept our eyes open and attended to business until we know the demands of the people of this town. ' '- Grande Evening Observer ' ' iEY faROS,,1 'Eld'itorB & Pr ps Entered at the Poat Office at La Grande, Oregon, ae Beoond Class Mail Matter. Published daily except Sunday One year in advance. . ; . $6 50 tiix months in advance, I .3 60 Per month .". . ; ,V65c oingie copy........... oc 0 a a A. T. HILL, - Prescription Druggist La Grande, Oro qu an n n d Dot 5 ' Farmed rnLd trTradera " -dapitaljStock fully paid -.-.$ 60,000 a V 91 Surplus fund - . i v 13,000 , v , g Liability of Shareholders - . 60,000 Responsibility - . 133,000 ' J. We do a general banking and exchange 'business . " Frafts bought and sold on eartern and foreign banks. Q THURSDAY EVENING. DEC. 15. 1904 CORPORATION TAX There are some indications that a proposition will be in ad e to tho next Oregon legislature for it to repeal the present law taxing cr licensing corporations doing business in Oregon. This' B0Urcss other than the geueral being a proposition to eliminate $127,283,450. The magnitude Of ' this' c'orporated capital Tm ay be comprehended when it is re membered t that the Secretary in the same report from which the above figures are taken give the whole value of taxable prop erty in the state as found by the several oduhty assessors in the year J899,'at $120,285,879. ", ; Secretary' of State FI Dunbar in his report above refer ied to, says.' "An examination of the statutes and reports of the differ ent states shows that in uearly all of them, and chiefly in the larger ones, much of the revnue s raised by license, fees and tax es imposed upon corporations, corporation franchises and. in heritances." "In the great and wealthy state of New York, fif.y per cent of the revenue is received from itat more than that sum up to $2,000,000 when a $100 -fee. is charged. Tne filing fee gives the corporation the right to do business in Oregon for oneyear after which an annnalicenjie eq'qal to the filing fee is charged. Insurance companies pay special rates. In 1899 the sev eral kinds of insurance com panies doing business in Oregon paid to the state $3,860.33 for license ani ; $26,371.48 , taxes, a total collected from that kind of corporations of $30,231.81. JOSEPH PALMER, President - J. W. SORIBER, Cashier 7 a D a a a riri h nh d h a a no a u n r O OFFICERS: .;).. OIBKOTORSt Oaa. PaLsxa ..Preatdeat J. M, Barry, J. 1L Church U J.M.BMr......VloaPrealdent " ,A,B.Ooaler,Oeo.L. Clea- J.M.CHCCB:;:tU.M..C5aahler ccrci' wr.Oao, Palmar -! F.L. Mcraaa .and Qo L Cleaver Aaaf . Oaahlara m ' t. . I K i i ; j . . ... . .3055. La Grande National B nk i La Grands, Oracoa v . 4 CAPITAL AND SURPLUS, $7i,ooaoo a Traaaaeta a aral hanking bMlaees." Buys east !! exchange en 0 o a q a a n m a a a a a a no ana a a a a a a a a a a t a very considerable source ,' of state revenue should receive most careful consideration by our law makers before ; they strike from the list of revenue producers the many thousand corporations now doing business in this, state. It would also be well for citizens to inform them selves on the subject before they yield to the delusive arguments and .hot air assumptions set forth by interested partiee and join them in petitions" and memor ials asking for the repeal of the corporation tax law. 1 - . Secretary of State P I Dunbar in his biennial report ft r the year ending December 31, -1899, estimates the number of pecun iary corporations doing business in Oregon at 2,500.. j During the two years ending December 81, 1900, there were 678 corpor ations for pecuniary profit , or ganized that filed their articles of incorporation with the Secre tary of State, with an aggregate This city will soon have pow er sufficient to supply all .needs. The Morgan Lake company has ordered machinery for ' power and light and the Cove power will be here by the first of Jnne. On the other hand there is a market in sight for all the power ; these two plants will be able ' to 9 K ''4 tax.o. Illinois, New Jersey, Mass-jfarni8n' With plenty of cheap ach'usetts, Michigan ' and other 'Power La Grande will eeon ad states receive a large part 'offvaDlCe tn position which she their revenue from "indirect sources.1 "In Arkansas a fee of $25, ex cepting religions, benevolent and literary corporations is charged. Connecticut 1 charges ; corpora tions from $100 to $6,000 , for doing" business in that state- In Colorado every corporation with a capital of $50,000 or under pays" $10 for doing - business therein and fifteen cents for each $1000 in excess of that sum. In Iowa the fee u $25 and an ad ditional fee of one dollar for every $1000 of capital ttock. The list of states chargiu? foreign and domestic' corpora tions for the privilege of doing business therein might be fur ther extended.' In Oregon under the act of Feb. 16, 1903, a foe of " $10 is charged tor filing articles of in corporation where the capital is $50,000 or under and an increase of capual stock amounting to in fee in proportion to the cap- so ' justly deserves. -The men who are making power -poseibje should receive every encourage ment possible, and no doubt will be accorded every privilege with in the rightful gift of the people. Fine Organs $46, $48, $52, $55 The' well known and 1,1 popular Pacific Queen. ... Very handsome styles. Payments $8.00 down ' 5 and $4 a month.' Write us for particulrrs. Mail Order? promptly and , carefully filled. Eilers Piano House ..... ' . , 351 Washington Street Portland , -: - U i : ; . Oregon Large storos also Spokane ana wHeattie, Wash., and Boise, Idaho. Coughing Spell Caused Death ' "Harrj Duck well, aired 25 Tears Choked to death early yesterday morn ing at nla borne in the presence ol his wife and child. He contracted: a slight cold a few days ago and paid bdt little attention to it. letter lay morn ing he was seized with a fit of ooach- iog which continued tor some time. His wife sent for a physician bat be- nell came on and Duck we 11 died from CUffonatinn. St Lnnra ntnh.rVamn- crat Jueo i iuu4." naiiaids norehoand Syrup wound have sared him. 25o. 50c ana si.w. iNewiin urng vo. Collegiate, 'Prenaratorv Coinmeroial Oolumbid ., Uommeroial Umversit una rus oATAiiOttui - (joa roes. Boarding school tor yonnz men boys. Box 343 University Park Station, , Portland, Octjoa TRADE FOLLOWS THE PRICE There is one class of el niters that al. ways Uke lee claba. The nniTanU ty of Oregon's aggregation ;ot 20 men with a stunning repertoire appear here December 21. Pine impersouations ani solo nojibers, 'The treat of th season in things mastcal. Admission SO oanta will be charged . That is why people com. here for men's and by- boys' shoeB The J. E. Tilt lin is our spec ialty. Here is where prfae and quality are combined. r : ? C vv. PRESTON, Shoe Specialist ' DEPOT STREET IV) 'if V. wai "