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Xmas News
-OF-
GREAT IMPORTANCE
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pMMiiimanMPMpiMPMinfiMMaM mm iiiejsjpeaeaeasea- awe tjwswwi i Wm . .7" 1 1
urreat
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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.
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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
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Until December "25th
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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. . ; . $6 50
tiix months in advance, I .3 60
Per month .". . ; ,V65c
oingie copy........... oc
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A. T. HILL,
- Prescription Druggist La Grande, Oro
qu an n n d Dot
5 ' Farmed rnLd trTradera "
-dapitaljStock fully paid -.-.$ 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
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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
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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
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