Morning Oregonian., February 21, 1908, Page 11, Image 11

11
efleoMoiffle
Enters Into the Independent Rich Telephone Field
THE MORNING OREGONIAN, FRIDAY, FEBRUARY 21, 1908.
WaslaMdtoii HomeT
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LL
The telephone has become one of the most Important factors In the business
and social life of the entiro world. This Is especially true of the United States.
The telephone is constantly in demand by the people, and, although furnished
at a very reasonable rental, it has been "found to be a. very profitable Invest
ment. Ijarse percentages have been made by those holding securities of differ
ent telephone companies. The profits In the telephone business have proved
very satisfactory, paying large percentages on bonds and stocks, besides en
abling the companies to lay aside a fair surplus. This refers to operating com
panies, in which class we expect to secure a portion of our earnings, the greater
I-art to come from the profits on construction. As these plants are built, con
structed and operated by the above Home Telephone Company, It Is the Inten
tion to set aside for sale a sufficient amount of the first issue of Its bonds and
Hto-k which will enable each and every tefephone user of the Pacific North
west to hold a portion of and reap some of the successful and beneficial per
centages derived from the telephone business.
The example herewith will show the Increase for telephones from the year
1876 to 1895, which is as near accurate as can be obtained at the present time.
From 1895 to 1907 the Bell Telephone Company had 3,500.000 telephones,
while the Independent Telephone Companies have 4,500,00 J, which Is a total
prowth in 13 years of 8,000.000. The entire net earnings could not build this
marvelous expansion in the ratio of time for the demand for telephones. Hence
bonds were issued from time to time by both Bell and Independent Telephone
Companies. On January 4. 1907, the Pacific States Telephone & Telegraph
Company (Bell) opened fn San Francisco subscriptions for $10,000,000 6 per cent
bonds, at 102?,, with no stock bonus, of Its authorized Issue of $3d,000,000.
Why Did They Issue It?
Because it was the most satisfactory way, to Increase Its treasury funds for
the extension and rebuilding of the system, and It becomes a fact that when you
buv a gold bond in an Independent Telephone plant that It Is just as good aa
tank stock of a thriving and successful bank.
Washington Home Telephone &
Telegraph Company
Is a corporation duly organized and Incorporated under the laws of Oregon,
capital stock $503,000, and 54 per cent of same has been subscribed to. Each
and every share of stock is on an equal basis.' The purpose for which this
company was organized is to acquire, develop and carry on a system of Inde
pendent or Home Telephones, both local and long distance, in one of the richest
telephone fields in the United States, and it will be dwelt upon at length here
after. The territory or field which has been selected by this Board of Direct
ors is one of the richest in the United States, and at present almost overlooked,
except bv the interests controlled by the Bell Telephone Company. The charter
of the Washington Home Telephone & Telegraph Co. is broad, and permits the
company to carry on the business of constructing and operating telephone
plants, long-distance lines and equipment, electric power and lighting plants,
and all business pertaining to the acquiring, operation or development of the
telephone and electrical current lines. The charter permits this company to
act as a holding company, or, in other words, accords to the corporation the
privilege of holding of the stock of their corporation; In fact, to carry on all
of the business at present contemplated by its Board of Directors, or that may
hereafter be.
The men who have charge of the field work and operation of the affairs
of the Washington Home Telephone & Telegraph Company are all practical and
successful telephone men of unquestionable integrity and special ability In their
particular branch of technical effort.
The Qeneral Manager and Construction Engineer of this company. Air. B. K.
Clements, has been associated with the Northwestern Long-Distance Telephone
Company for the past two years. During that period he was successful in all
his undertakings. He constructed and completed one of the most modern tele
phone lines now giving- service upon the Pacific Coast.
Under his able guidance he has secured as his general agent in the Pacific
Northwest Mr. C. R. Wagner, who has been with the Portland Home Telephone
& Telegraph Company for the past two years, and who has made unknown
success in his department heretofore for the Home Telephone Company of Port
land. Also Mr. Arthur Berrldge has been employed by the Washington Home Tele
phone & Telegraph Co., in the same capacity as he was with the Portland Home
Telephone & Telegraph Co. Mr. Berrldge is well known, and has a high stand
ing as public accountant. He was with the United States Telephone Co. in
Indianapolis, Ind, for years, and with the Portland Home Telephone & Tele
graph C9- for the past eight months.
Further information as to the standing of the men behind this proposition
seems unnecessary, as their long, continuous record of success and their prac
tical experience in their chosen line of work are sufficient evidence of their
ability to carry out the plans and assure success to the Washington Home Tele
phone & Telegraph Co.
The territory in which this corporation will operate is no less than the
Columbia River Valley, with headquarters at Vancouver, Washington, and its
general offices at 320 to 327 Corbett building, Portland, Oregon, and it holds
franchises and has looked forward to territory which is one of the richest in
the Pacific Northwest, being Government harbors, having the largest sawmills
and shipping more lumber than any point on the Pacific Coast, It enters into
one of the richest coal fields in the State of Washington, dairy counties, and,
in other words, it is one of the richest territories of Washington or Oregon.
This is a big element in the success of this corporation.
Great Profits in the Telephone
. Business
' That there is a good profit in the telephone business is a fact. It is so
universally acknowledged, that it seems unnecessary to dwell upon it. A small
investment in the stock of the Bell Telephone Company made years ago has
raiide many an independent fortune. At the present time there are more Inde
pendent Telephones in operation than there are Bell phones, and there Is just
bs much money to be made out of an Investment In the Independent Telephone
Securities now as there was when you could have bought Bell Telephone stock
at their first offered price.
Table of Telephones in Use in
the Various States
Arkansas 13,236 Independent, 11,885 Bell
California 43.000 Independent. 85,000 outside San Francisco
Indiana 200,000 Independent, J20.000.000 invested
Iowa 200,000 Independent, 125,000 Bell Telephones
Missouri o0,003 Independent, 30.000 Bell Telephones
Nebraska., 75,000 Independent, 25,000 Bell Telephones
Illinois 200.000 Independent, Outside of Chicago
Ohio 250,304 Independent, 130,010 Bell Telephones
Pennsylvania.-. ... 150,000 Independent, 25,000 miles of Toll Lines
Philadelphia 25,000 Independent, 25,900 miles of Toll Lines.
WestVa 28,0 JO Independent, 16,000 miles of Toll Lines
Furthermore, you do not have to take the risk that was 'necessary when
the telephone business was In its Infancy. Since its inception, the telephone
business has been classed as one of the most lucrative in which large capital
can be Invested. At the present time throughout the country Independent Tele-
phone Companies are established side by side, together with the Bell Com
panies, and enjoying a much greater success and having a greater monopoly.
Two important factors create these conditions: First, the average red
blooded man has no love for any great monopoly, and public sentiment has
been a great factor in establishing and making a success of the Independent or
Home Telephone lines.
Second, the Independent Telephone Lines have the advantage, in being built,
to place new and up-to-date equipment at the disposal of their subscribers,
without being compelled to lose the capital which the Bell has already tied up
In old equipment. They are in a position to secure, and have in their employ,
the most competent telephone men there are In existence.
Home Telephone Franchise Pays
"Los Angeles, Feb. 14. The Home Telephone Company, which five years
ago obtained a franchise under a newly passed legislative act, today paid into
the City Treasury $14,588, representing 2 per cent of its gross earnings during
the past year. The sum Is the largest ever received by the city under the
terms of the act. That makes a net payment to the city of J14.58S, representing
2 per cent on $729,400, one year's profit to stockholders of the company."
Just think of a profit in one year to the stockholders of $729,400. Pretty
nearly one-fifth of the money paid back to the investors, of the entire amount
paid into the company. That is accomplished in one year. What will the follow
ing years do? Surely hot less than the first year. In five years the stockhold
ers get their money back, and have a security that any bank will be glad to
receive as collateral security.
New Telephone Company Offers to
Small Investors an Unusual
Opportunity
The time has come when the people ought to own stock in the public serv
ice corporations, and they are going to own them, too.
Here is an opportunity for a small investor to buy bonds and stock which
should ultimately make him financially independent. The conditions that make
possible the success of this company are many times more promising than they
were when the Bell Company opened, and their bonds and stocks were first
offered to the public The Washington Home Telephone & Telegraph Company
will be on an equal footing all the time.
The full par value of the bonds is in denominations of $100. $500 nd $1000, carry
ing 50 per cent stock bonus thereto attached, drawing 6 per cent interest annually,
forever non-assessable; the profits that this telephone company will make for
this corporation are almost beyond calculation. Every possible safeguard sur
rounds the investment of the public's money In the enterprise. Telephones are
a necessity. The telephone is the only public utility which thrives in hard
times. We have tried to show you that this is an opportunity to lay a founda
tion to wealth, and whether you have largo or little money, we say to you, in
all sincerity and candor, that you will do a wise thing if you will Invest every
dollar you can spare in the bonds and stock of the WASHINGTON HOME
TELEPHONE & TELEGRAPH COMPANY. Don't let anything interfere or
deter you. Just make a study of the facts as we have told you, and let your
own common sense guide you. Every man or woman who invests in the bonds
of the Washington Home Telephone & Telegraph Company at the ground-floor
price, at which we now make an offer to them, will, in all human probability,
be able, ultimately, to give dividends in excess of its 6 per cent interest on its
gold bonds, of not less than 5 per cent on its stock on the investment, or be
able to sell within a very short time for many times Its par value. Arrange
ments on the installment plan may be made at the rate of 25 per cent down
and 25 per cent a month, until paid for in full, at the same time receiving 60
per cent of capital stock as a bonus, with every sale of our 6 per cent gold
bonds.
Come to our office, if you can. and we will explain to you all the details.
If you cannot come, fill out the coupon below, and mall it to us with remittance,
in registered letter or by postal or express money order for the number of
shares you wish.
This announcement is being made in all of the Important papers of the
West, and, without a doubt, subscriptions to the full amount held by this cor
poration will pour in at once, owing to the great merits of this proposition,
and the excellent standing of the management. We have every reason to
believe that the small blocks of bonds that we now offer at th ground-floor
price of $95.00 per bond will be quickly subscribed for, and for that reason wa
urge you to act promptly and fill out one of the coupons below and send It to
our office Immediately If you cannot call and secure this 5 per cent discount,
as this offer will exist only for a few days.
PURCHASE COUPON
WASHTOGTOy BOMB TELEPHONE & TELEGRAPH COMPANY
820 to 827 Corbett Building, Portland, Or.
Find enolosed $ in
. (say whether full or partial payment) for
bonds of the Washington Homo Telephone & Telegraph Co.
NAME
ADDRESS i
This coupon entitles each and every purchaser if a bond to ah
extra 2 per cent discount when said coupon is presented to our
general offices for the purchase of a bond.
WASHINGTON HOME TELEPHONE
AND TELEGRAPH COMPANY
320 to 327 CORBETT BUILDING, PORTLAND, OREGON
Phones; A1S57, A2351
Main 8 1 15
Salesmen Will Find Good Propositions Awaiting Them by Calling at Our Office
INFORMATION COUPON
WASHINGTON HOME TELEPHONE A TELEGRAPH COMPANY
S20 to 827 Corbett Building, Portland, Or.
I am Interested in your proposition, and I desire to obtain further
particulars regarding your offer. Kindly mall ma literature to
the following address:
NAME.
ADDRESS.
NOT
GOOD
f
T
Defendants in the Marquam
Case File Demurrer.
DENY SERIOUS CHARGES
Title Guarantee & Trust Company
and Its Officials Set Forth Their
Objections to Amended
Complaint In Suit.
P. A. Marquam will not be allowed to
put his amended complaint through the
Circuit Court without a strenuous objec
tion from the Title Guarantee & Trust
Company, J.- Thorburn Ross, the United
States Mortgage & Trust Company and
the Oregon Company. The defendants
have filed their demurrer to the amend
ed complaint of Marquam, alleging first,
that It Is not an amended complaint, but
mi effort on the part of the plaintiff,
under guise of an amended complaint, to
bring a new suit after the time allowed
by law therefor has expired; second,
that the pretended amended complaint
is repugnant to the original complaint
'and not germane thereto; third, that the
pretended amended complaint undertakes
to set up an entirely new cause of suit
contrary to the law, and fourth, that the
amended complaint undertakes to state
two separate causes of suit, not separate
ly stated.
The two causes for suit mentioned ap
parently involve perjury on the part of
J. Thorburn Ross, T. T. Burkhart, W.
M. Ladd, W. M. Gregory and officers of
the United Mortgage & Trust Company,
to conceal facts relative to the foreclos
ure of the mortgage, which are alleged
In the amended complaint. This latest
amendment to the long-drawn-out suit
says that the conspirators induced
Young. Ilurd, Ross. Burkhart, Ladd and
Gregory to give "false, misleading and
evasive testimony" when tho case was
previously before the court, and to sup
press other oral and documentary evi
dence. It says that Ross, Ladd and
Burkhart knew of an agreement be
tween the Title Bank and the mortgage
company for 10 days before the bids
were made on the property.
It is also charged by Marquam tuat
Koss untruthfully swore that W. M.
Gregory was attorney for the mortgage
company, while in truth he was employed
by the Title Company, and concealed its
participation In the wresting of the prop
erty from its owner, Marquam. He says
Ross went to New York in August, 1900,
nd agreed with the mortgage company
that the Title Bank should bear the en
tire expense of foreclosing the mortgage,
Including attorneys' fees, court costs and
the cash to purchase the building at the
sale.
Marquam Is seeking an order of the
court to redeem the building, and filed
his amended complaint with this object.
N EI BAUER Wltili IS FILED
Instrument , Distributes Valuable
rtcnl Estate Near Gresliam.
The will of Frederick Nelbauer was
filed yesterday with the County Clerk
by O. T. Neibauer. a son, although It
is provided in the will that tho young
er Niobaucr shall keep the Instrument
under seal until after the death of
both Neibauer and his wife. The wife
Is still living. The will gives 30 acres
of land near Gresham to Rudolph
Neibauer, a son, and instructs him to
pay amounts aggregating $1003 to the
four other children. In addition to
the ranch the estate consists of about
$1000 worth of personal property. Mrs.
NeibaUer is not mentioned in the will,
as it was not supposed that it would
be opened until after her death.
Knowing that he was named in the
will as executor, P. B. Eder filed a
citation" with the County Clerk to com
pel the younger Neibauer to produce
the will, and also filed a petition that
he be appointed executor of the estate,
without bonds.
That A. J. Johnson, of Corvallis, b
appointed administrator of the estate
of Albert L. Cole is the wish of Maud
E. Cole, as expressed in her petition
filed with the County Clerk yesterday.
While employed by tho Southern Pa
cific, Cole sustained Injuries at Rose
burg from which he died. A claim
against the railroad for damages con
stitutes the estate. The widow and
four children are the heirs.
WIFE AN EXPENSIVE I. TJX UK Y
Joseph Henrotte Wants Divorce on
Economic: Grounds.
Her conduct toward other men was un
becoming a wife or a lady: This is the
allegation Joseph Henrotte has lodged
in the Circuit Court against tile wife,
Emma Henrotte, in a suit for divorce.
Ha says further that in 1S98 she sold all
the household furniture and went to
Skagway, Alaska, and that she wrote
to him only twice. Once she wanted $30
to come home. Ha says he sent the
money and that she gave It to her
brother, writing him to get a divorce.
They were married May IS, 1803.
In answer to th divorce suit brought
in the Circuit Court by Mary A. Sheen,
John H. Sheen, tho husband, says he has
given almost his entire earnings of $100
a month to his wife for her support and
that of her children by a former mar
riage. He says she Is extravagant, in
dulging in delicacies far beyond his
means, and making expensive trips but
of all reason. He denies her allegations
of abuse and cursing and says under the
circumstances that a dlvorco should be
granted, but that no alimony should ba
allowed.
Friendly Wants His Deed.
Judge O'Day listened yesterday to the
suit of J. C. Friendly against C. M. El
wert, C. P. Elwert and Alyda Elwert.
The testimony was to the effect that
Friendly bargained with C. P. Elwert
and his wife, Alyda, to purchase a part
of lots 4 and 262, on Eleventh street, be
tween Main and Jefferson, for $1700 cash,
and a note for $5000, paying $300 to bind
the bargain. It appears that he would
not accent the property without a quit
claim deed from Mrs. Elwert's brother,
C. M. Elwert. Mrs Elwert said her
brother sent her a deed, that she lost It,
and when she sent for another discov
ered that -the place had been bargained
for by a doctor of Drain. Mrs. Elwert
offered to return to Friendly the $300,
but he demanded a deed to the land. The
suit will be continued today.
Sues for Bill of Extras.
W. A. Adams alleges in a suit aied
with the Circuit Court yesterday that W.
F. MacKenzie and Ida May , MacICenzie
wanted him to do extra carpenter work
in dressing up parts of their house, but
when he presented the bill, refused to
pay him. He alleges the work Is worth
$877, and sues for this amount. He was
to build an addition to the house, ha
says, for $2350, but this amount did not
Include the extras.-
Author Sues Magazine.
In a suit to recover $r.00 from the Pacific
Monthly Publishing Company, filed. in the
Circuit Court yesterday, Frederick A.
Stokes alleges that the company bar
gained with him to pay that amount for a
novel called "Travers." He alleges that
when it was written and turned over to
tha firm It refused to publish the book,
or to pay the author. The contract is
said to have been made last June.
Sues for $20,000 Damages.
Joseph Nalbach, a Pole, is suing the
Paclflo Hardware & Steel Company to
recover $20,000 damages on account of
the loss of his right eye and the breaking
of his right arm In three places. Ha
says that he was employed to hoist scrap
iron with a crane and while raising a
piece of steel for the purpose of remov
ing some rivets, the ratchet of the crane
failed to work and the handle flew up
and hit him on the head, right arm and
shoulder, breaking the frontal bone and
his right arm. The accident occurred
July 17. 1906, it Is alleged. The company
is charged with negligence.
Conrt Notes.
That E. C. Ward has not paid for 45,045
pounds of prunes is the allegation of A.
Swank in a suit brought by him In the
Circuit Court. He says he contracted
with Ward last June, and that he deliv
ered the prunes October 15. He wants to
recover $2477.64.
Robert Baker, charged with living with
Belle Davis, said to be a woman of ques
tionable character, was arraigned yester
day afternoon, and allowed until next
Tuesday to plead.
H. A. Cline waived arraignment yester
day Ibefore Judge Cleland of the Circuit
Court on a charge of selling liquor to a
minor, and pleaded not guilty. The case
will be tried March 5.
Alva Wise is suing the Frank I Smith
Meat Company in the Circuit Court to re
cover $68.80, alleging that Wise furnished
feed and cared for Smith's cattle between
August 28 and September 13, last year,
but was never paid for it.
Thomas B. Neuhasen has been appoint
ed by the County Court administrator of
the estate of Michael A.' Meyendorff.
Northwestern People In the East.
NEW YORK, Feb. 20. (Special.) North
western people registered at New York
hotels today as follows:
From Seattle M. M. Goodenough, Jr.,
at the Fifth Avenue; D. I. Smith, at the
Breslin; R. Gibson at the Herald Square:
W. S. Grecnsfelder, at the Wolcott; J. T.
Ford, T. J. Gorman, E. K Hearn, at the
Marlborough.
From Portland G. I. Brown, F. S. Mor
ris, at the Woodstock; M. Bell, at the
Wellington.
CHICAGO. Feb. 20. (Special.) C. 3. Unna
and wife, of Portland, are registered at
the Auditorium Annex.
Andover. Mass. Vernum Lincoln has lft
$.vto to the Treasurer of the town, to pro
vide prizes for old-fashioned spelling matches.
Eye glasses $1.00 at Metzgera.
EZ3
TT YTcD
Friday and Saturday's Clean-Up
Specials at ' the House of Values.
LADIES' SUITS
About 50 Suits, including some new Spring styles,
values up to $27.50, your choice '.
Children's Coats
QC Values up fco $7.50 J-f njj
,UU Your choice ipl.OO
LADIES' COATS
Your choice of about 100 Coats, values up to.
$10.00
$1.95
j Center Aisle
FLANNELETTE KIMONOS
Values up to $4.00 .$1.95
LIBERTY HOSE SUPPORTERS
All colors i 19
KNIT UNDERWEAR
Fleece-lined, all sizes, 35c value 20J
COMBS
Plain shell, 35c value .. 18
BELTS
Black elastic, Swasticka buckles, 35c value 19
HANDKERCHIEFS
Plain linen, hemstitched, hand drawn, 35c value 17J
WAISTS
"White Brilliantine, also colored nun's veiling, values
up to $3.50 $1.65
x HOSE
Spun Silk,-gray, pongee and bjack, $1.75 values. ..... .98
Early Spring Millinery
New shipments of new, stylish
Spring Millinery now on dis
play. "We invite inspection
Skirt Special
Dress Skirts, values up to
$10.00, your qj"
choice pJXs&
t
A NEW DEPARTMENT
FURNITURE
This new department on our
first floor balcony will open to
day with a complete assortment
of Rockers, Chairs, Gocarts,
Tabourettes, Writing Cabinets,
Tables, etc., etc.
Opening Special
TABOURETTES
I'
Values up to $7.00, Ji on
your choice p X
See Windows.
Specials for Friday and Saturday
Fancy Groceries are a choice and distinct part of the stock of
every well-regulated grocery store. We are becoming distinctly
famous for the exceptionally fine and tasty brands of goods which
go to make up our fancy stock the largest and. choicest in towu.
Fancy goods consist mostly of preserves and jellies, fine olives,
pickles and table relishes, salad dressing and innumerable other
things of this sort. Unless they are of the very finest grades,
these goods are undesirable, for they are delicacies, and their one
mission is to please the palate.
Here are a few specials for Friday and Saturday:
India Relish that is just
Fancy Navel Oranges, two
dozen 371 C
Eprgs, Oregon Ranch, per
dozen 2o
Golden Cheddar Cheese,
the very finest, per lb 20
Dry Granulated Sugar,
19 lbs. for $1.00
Fancy No. 1 Ripe Olives,
per quart '. . . .35
Extra Select Chow Chow,
per quart 20
Silver Skinned Pickled On
ions, per quart o0
right, per quart 25
"We also have a fine French
Mustard in bulk; try a
pint at 10
Picnic Hams, per lb lO1
Shoulders at, per Vi . . . .H1
Hams, Oregon, per lh...l2V2
Hams, Eastern, per lb..l3V2
Bacon, extra fine, per "lb.. 16
Lard, kettle-rendered :
5-lb. can 5o
10-lb. can $1.05
Men's Tailoring Dep't
Save money and order your Spring
Suit now. The entire fifth floor of
the J. M". Acheson Building devoted
to the display of Woolens.
Furs, Extra Special
Boas and Ties, values up
to $12.50. See
windows
$2.95
Wholesale
and Retail
qJJ o
HIE
Fifth and
Alder Sts.