lOitfH W. (1WIH
MRS. MARGARET GREENE
Joseph W. Gwin passed
Died, at Minor Hospital
JACKSONVILLE’S
’ > A in Seattle, Mrs. Margaret
ÎF’’
away at his home in Jack
Popular Restaurant sonville Saturday afternoon, I Al' *
Greene, aged 62 years, 1
i
Funeral
services
were
held
month,
13 days.
A Full Line of
Groceries, Fruits in Season ! at Conger Chapel Monday 1
Mrs. Greene was a native
Confectionery, h e Cream ¡afternoon and interment was'
of Vermont, but had lived in
made in J acksonville ceme
Oregon the last twelve years,
WHEN HUNGRY, GO TO
tery.
having come with her hus
AMY’S PLACE
band and located on Forest
Death was the result of an i
C reek in 1912. This was
| accident which occurred at
their home until April, 1924,
Eick’s logging camp Friday
Highest quality jewelry»
when they moved to Brem
noon,
when
a
log
rolled
over
repairing, diamond set-jj
ting, watch repairing,F his body causing internal in-
erton,
Wash., to live with
agate mounting and jew
their son.
eiry manufacturing.
L juries which were beyond
REDDY & CO.
She is survived by her hus t
the
skill
of
physicians.
fe^_M»in_St.. MEDFORD, OREGON
band,
C. W. Greene, of
Mr. Gwin had been a resi
Bremerton, Wash., a daugh
dent of Jacksonville about
Jacksonville Lodge No. 10,1. 0. 0. F.
ter,
Mrs. Emma Smith, of
six years. He w as born in I
J
Meets every Saturday Evening at 7:30.
Prescott, Arizona, two de
All members and visiting brothers are Texas April 26, 1865. He
voted step-children to whom 5
cordially invited to attend the meet was married in that state to
ings.
she
had been a mother since 0
Alda Johnson who, with
D avid D orn , N. G.
early childhood—W alter, of Q
A lfred T. N orris , Sec. Pro-Tern. four children, survive him.
Bremerton, and Bessie of <;
1'he children are James, who
Bellingham,
Wash.
Real Estate for Sale. is in the service at Camp
Mrs. Greene was a woman e
Selling out ranches, $2 per acre up; Lewis; Fictoria, Merle and
10 years time. Ranches for rent.
of sterling character and
Gold Ray Realty Co., Medford, Ore. Gladys, who are at home.
Mrs. C. E. Conley and leaves many warm friends in
children were callers in town this place and vicinity.
Jacksonville
Sunday. They had visited
Interment was made in the
FOR OVER 40 YEARS
O
HALL’9 CATARRH MEDICINE h» Mrs. Conley’s brother, Fred beautiful Lakeview, Wash.,
been used successfully in the treatment
8
of Catarrh.
0
Corpe, and family near Tal cemetery.
HALL’S CATARRH MEDICINE con
sists of an Ointment which Quickly
8
-------------
o
-------------
W. A. BISHOP, Prop.
Relieves by local application, and the ent, and were going to their
o o
Internal Medicine, a Tonic, which acts
through
the
lilood
on
the
Mucous
Sur
Phone 74
Moving and ajl kinds cf faces, thus reducing the inflammation. new home on Thompson j Don’t forget to read the o Q Jacksonville, Oregon
Sold by all druggists.
ô
freight handled.
Creek.
I want ads in this issue.
F. J. Ci.eney & Co., Toledo, Oh!os
,3QOOooooooGooootiC'o<jc“,:aooooooooooooooocx300ooooooooooc
AMY’S PLACE ’
Fruit Jars
Chick Feed
î
I
Best Grade
Mill Run, $1.85
Ì
Men's Work
Shoes
$2.50 to $5.00 Pair
Freight Line
Godward Mercantile Co
THE CALIFORNIA OREGON
POWER COMPANY
*♦* *♦**♦**«* ♦♦♦♦*♦ ♦•♦♦**♦♦♦♦♦♦ ♦♦♦♦♦♦♦*♦♦♦♦♦♦♦♦*♦♦♦♦♦♦♦♦♦♦♦<
Preferred Capital Stock
Price $98 per Share
YIELDING 7.14%
The history of The California Oregon Power Com
pany shows a substantial growth in facilities and
earnings resulting from the large ums o money in
vested in its properties and from the development of
the territory which it serves.
Par value $100 per share.
Dividends have been paid on The California Oregon
Power Company Preferred Capital Stock each quarter
since issuance, without interruption, at the rate of $7
per share per annum. Dividend checks are mailed
every three months.
Proceeds of all securities sold are devoted exclusive
ly to additions to and betterments of the Company’s
properties.
The stock is not assessable by the Company for
any purpose whatsoever. It is non-callable, and if pur
chased at the present price, yields a return of 7.14%
on the investment.
It is exempt from Federal Normal Individual In
come Tax. '
It takes precedence as to assets and dividends over
common stock amounting to $1,441,ICO par value. This
mear.s that all dividends on the Preferred Stock must
be paid in full before any dividends may be declared
on the common stock; and that the Preferred Stock
has a claim on the assets cf the Company prior to the
common stcck. The equity in assets hack cf the Pre
ferred Stock amounts to more than $9 000,000.00 as of
May 31, 1924—over two and one half times the par
value of the Preferred Capital Stock now outstanding.
Upon the completion of the new Copco power
house, the new Link River power house, and other
projects -low commencing construction approximately
Five Million Dollars in new and productive property
will be added to the company’s physical assets.
The stock may be purchased in any amount from
one share upward.
It may be puAihased either for ca h or on our special
savings plan, namely, $5 per share as first payment,
and ¿5 per share per month. Interest is not charged by
the company on unpaid balances.
Interest is paid by the company, however, on all
partial payments under the savings plan at the rate
of 6% per annum. Interest checks are mailed to
sub. ribers under the savings plan every three months.
Sv'’scribers who find it necessary to cancel their
in i. Ilment subscriptions will be allowed a refund of
all payments made, plus interest earned, either in cash
or in paid-up stock. (A deduction of $1.00 per share
will be made to cover the expense of cancellation.)
The stock is listed on the San Francisco Stock and
Bond Exchange.
.
»
The company owns and operate ei.bt hyc’ro-elec-
tric plants in Southern Ore
fornia. In building these hydro-electric plan
1
resources are developed which will be p
forever.
The Company’s main trunk high ter
- and dis*
bution lines at the end of 1923 were 155(
length.
The actual investment in th'* con *
n of there
facilities has increased from $4,787,624.35 in 1913 to
111 ,752,616.19 in 1923, exclusive of valuable water
rights and intangible assets.
Immediate Future Development
The Company is now eng-:
in
‘ ’ a new
4,250 horse-power plant on Link Riv
at Kia ith
Falls, and an additional power mt w, i a i
ng
capacity of 4O.0C0 horse-pow-r at Cc
c. •: c 1». m-
ath River, together with a.i imports'
. n cf its
high-tension lines. A large part oi
a : pro
duction has already been contracted
'. i."’ die case
of the new Copco plant, ar ' it is ■
■' ed by the
Company that the new facilities alone will inc -ase its
net earnings by more than $4OO,CO3.OO a year.
Are best in the long run
Value of Physical Prop
ertics (not incluc.ng
water rights, etc.)
1913
$4,787,624.35
1923
$11,752,616.19
Gross
Revenue
Operating and
Mainte.lance
Expense
Net Earnings without
Deducting lute, est or
Depreciation
$143.746.67
$203,515.03
26,485,359
$775,940.81
152,124,781
Ask any member of our organization,
or mail tms coupon
—today!
<■
And General Accessories
Hardman Garage
I). E. HARDMAN, Prop.
Main Street
Jacksonville
Phone 282
BETTER SHOES
FOR
LESS
1 he Workmen’s Clothing and Shoe Store
John Pappas, Prop.
NOW IS THE TIME
!i
TO BUY REAL ESTATE i
In Jacksonville. A r < v. < ra i here and all desirable property will soon
be taken at the very re>.-unable pi ice« now prevailing. Lint with me if
you have property l< r n.lo. The dm.atd Will be good thia Fall.
Yreka, Dunsmuir. California
MEDFORD, OREGON
Please send me full information about your 7%
Preferred Stock and special partial payment plan.
Address
......... . ..
MONEY
Also Selling Out Several of Those to Make Room
for Winter Stock.
THE CALIFORNIA OREGON POWER COMPANY *
Name
f
Parts
1
THE CALIFORNIA OREGON POWER COMPANY
o
Offices: Roseburg, Medford, Grants Payi, Klamath Fails, Oregon
Î
Î
Kilowatt Hours
Generated
$1,370,544.78 $594.603.97
$347,261.70
T
❖
T
FICK’S HARDWARE
THE RECORD OF TEN YEARS’ GROWTH
Year
I Î
TIRES
VOUA PARTNERS
IN PROGRESS
THE STOCK
Increase in Facilities
Goodrich
Si’ver town Cord
THE COMPANY
Steady Growth in Customers Served
t
it
The proceeds of the sale of this stock will be used
exclusively for new, income-producing additions to
and betterments of property and equipment.
The territory now served by The California Oregon
Power Company includes parts of Jackson, Josephine,
Klamath and Douglas Counties in Oregon, and
Siskiyou County and parts of Shasta and Trinity
Counties in California. This is an area c.; 1 to the
combined areas of the States of Massachusetts, Rhode
Island and Connecticut.
During the ten years from 1913 to 1923, the num
ber of consumers has grown to the present total of
18,225, an increase of 177%. Due to the increasing use
of electric power for industrial, agricultural and do
mestic purposes, the Company’s outpi’ hrs grc. >n from
approximately twenty-six million k
-hours in
1913 to one hundred and fitty-two million kilowatt-
hours in 1923—an increase of 475%.
In addition to its local eotMRimers, the company en
joys a large and advantageous wholesale contract
demand from other power com]
8 greatly
expanding and diversifying its field.
PERSONAL SERVICE
...............
....
................. ....
SlIRi.TY BONDS FL RMSHED
Fire Insurance
Notary Public
J. L. ROE
J list ice < f the Peace
Office in Roe Bid?.
-
City Recorder
Jacksonville, Oregon
I