Morning Oregonian., May 15, 1908, Page 9, Image 9

9
late (Lertif ic
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Earn Large Profits, Entail No Risk, Are Doubly Guaranteed, Cannot Depreciate, Cashable on Demand, Carry a Bonus,
Interest Bearing, Income Earning, Increased Valuation
The Interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1908,
and Is Now Accruing; Payable Semi-Annually-
Tin? MORNING OREGONIAN, FRIDAY, MAY 15, 1908.
Gil T
old.
Com
Real E
atcs
PROFITS This certificate has four earning powers Bonus, Interest, Income
and Increase Valuation.
NO RISK Its principal and interest is held in trust and hence cannot be misap
plied or dissipated.
GUARANTEE In addition to its funds being invested in Portland Business
Real Estate under a trusteeship, The Standard Trust Company of Portland, Oregon,
guarantees its principal and interest without reservation.
NO DEPRECIATION Regardless of what depreciation may occur in the real es
tate market, these certificates being guaranteed in principal and interest, will never go
below par.
CASHABLE The Standard Trust Company will purchase these certificates two
years from their date of issue, paying the principal face value with a 2 per cent bonus
and all accrued interest thereon
INCOME One-half of the net income received from the property held in trust
for tbese certificates, will be paid to the certificate holders, and available data show
net income should range from 8 per cent to 15 per cent per annum.
INTEREST The interest on these certificates commences May 1, 1908, payable
semi-annually and is guaranteed absolutely, under a trusteeship. '
INCREASE VALUE The increase value of Portland Business Real Estate has
been steady and healthy and easily justifiable. "Within the last few years the Eastern
money interests have fully realized the many and wronderful resources of Oregon, among
which are its agricultural lands, its timber and its water powers, all needing develop
ment and exploitation. These resources must all pay tribute to Portland, and it is easy
to reason wThy Portland business propertyhas within the past six or seven j-ears in
creased from 175 per cent to 400 per cent, and it is safe to predict that the next five or
ten years will see even a greater increase. .
DIVIDENDS The property purchased and held for these certificates will be so
held under trusteeship for ten years and then sold. The certificate holders will receive
in addition to the face of their certificates and the interest and income paid on them,
one-half of the increased valuation of the property, being the difference between the
purchase price'and the selling price of the property, which can easily be estimated be
tween 200 per cent and 300 per cent, for every reason gives evidence that Portland
should have between 500,000 and 600,000 population within the next ten years.
CONFIDENCE This investment must appeal to all who have confidence in Port
Call on or address
land, and all living in this beautiful and glorious Pacific Northwest Country must know
that Portland is destined to be its financial and social center.
DENOMINATIONS These certificates are issued in denominations of from $25
upwards, allowing the small investor the same privilege of profit sharing and an equal
advantage of the large and assured advances of Business Real Estate, as is enjoyed by
the man of great wealth. Remember, the interest commenced May 1st, 1908, and is now
accruing.
CERTIFICATES The following will illustrate the sources of income from our
Gold Coupon Real Estate Certificates :
Principal Guaranteed Amount Invested
Interest Guaranteed 4 per cent annually
Rental Income . .. 4 per cent annually
Increase Valuation , -7 per cent annually
Profit on Investment should easily be 15 per cent annually
And as much more as these values increase during the life of these Certificates.
INCREASED VALUES It will be observed in our above illustration of "In
creased Values," we have estimated less than 150 per cent for ten rears, while Portland
Business Real Estate has increased in value during the past six or seven years from 175
per cent to 400 per cent, as illustrated by the following:
Property. Sold. Assessed Value. Increased Value
$81,500
212,500
45,000
87,500
90,750
67,000
Over
Over
Just
Over
Over
Over
175
200
200
200
100
400
per cent
per cent
per cent
per cent
per cent
per cent
Lot 3, Block 64 $33,000
East half Block 43, Couch Add 70,000
Lot 6, N. half Block "J" 15,000
East half Block 313 25,000
Lots 5 and 6 K half Block "I " .... 45,000
Lot 17 S. half Block 85 13,000
Being a total average of over 203 per cent.
Comparisons of this kind could be secured, sufficient to fill many pages. These
quotations simply cover ground values, exclusive of improvements.
INVITATION "We invite all to call at our offices and we will be pleased to enter
into full detail with them, explaining any subject of this investment which may not at
once be clear to their full understanding.
STANDARD TRUST COMPANY
PHONE
Main 8623 A 1 139
OFFICERS
WM. H. GARLAND, President
I. W. LANE, First Vice-President
A. J. DILLON, Second Vice-President
JOHN B. MOON, Secretary
H. P. DAVIDSON, Loans
E. L. DeKEATER, Cashier
C. M. SCHERER, Trust Officer
A. E. CLARK, Counselor
CHAMBER OF COMMERCE BUILDING,
265-67 STARK ST., PORTLAND, OR.
PORTLAND MAN WILL CONTEST
FOR ESTATE WORTH $90,000,000
John I. Springer, Traveling Traffic Agent, One of Claimants to Property
Deeded Swedish Church for 99 Years.
JOHN I. SPRINGER, traveling- agent
for the Great Northern, is in line
for a big fortune. His family is now
claiming an estate in Wilmington, Del..
Baid to be worth $90.W0.O0O. Mr. Springer's
relatives live in Michigan and they are
taking steps to secure title to real estate
in Wilmington said to have been left
to the family by an- ancestor who died
there years ago. The property was
deeded to a Swedish church for 99 years,
after which It was to revert to the legal
heirs of Joseph Springer, a brother of
Carl Christopher Springer, who died leav
ing a large estate. He was estranged
from his brother, Joseph, and took this
method of seeing to It that none of the
benefits of his property should go to
Joseph Springer. However, he desired
that the property should eventually come
back into the family.
Carl Christopher Springer came to Dela
ware from Sweden in 1696. He secured
title to a large tract of land, deeded to
him by the British government. Because
of the settlement of that part of the
state that followed and the fact that now
much of the land Included in the original
grant is in the business district of Wil
mington, the tracts comprised in the
original estate have become very valu
able. Joseph Springer and John II. Springer,
of Michigan, are prominent claimants for
this property. John H. Springer is an
uncle of John I. Springer, of Portland.
Representatives of all branches of the
family will meet in Detroit. Mich., during
this month to do what seems best to get
possession of the property. The heirs
now number more than 1000. Joseph and
John H.. Springer trace their descent
direct from Carl Christopher Springer's
brother, Joseph. Carl remained a bachelor
and this fact accounts for the peculiar
manner in which he disposed of his
property. The Springer family has been
traced back to 1038.
MORE ENTER FOR PARADES
Klvalry Between Those in Charge of
Festival Pageants.
The committees that have charge of
th horse and carriage parade and of
the automobile pageant of the Rose
Kestlval are Indulging in some fine
preliminary skirmishes. W. M. Davis,
chairman of the horse and carriage pa
rade, has already secured the unani
mous support of the Portland Hunt
Club, which is to act an the royal
bodyguard for King; Rex Oregonus, as
well as that of the Riverside Driving
Club, which will enter probably 200 ve
hicles of various descriptions in this
particular parade.
On the other hand. Robert D. Inman,
one of the leading automobile enthusi
asts and member of the automobile
parade, committee, has secured a com
plete list of the 1800 automobiles which
are licensed In Portland, and he is en
deavoring to have them all turn out for
the big cavalcade on Wednesday morn
ing, June 3. He has had assurance
. that the most of thorn will, and that
most of them will decorate in an
elaborate manner. Should he be suc
cessful, there will be a parade of au
tomobiles not less than four miles in
length, and it will be the grandest
turnout of cars that has ever been as
sembled west of Chicago.
Yesterday Mr. Davis conferred with
the Vancouver 1 business men and the
CBvalrymen of Vancouver Barracks,
and says he thinks they will enter the
horse and carriage parade, a division
half a mile in length from the Army
post alone. Mr. Davis will meet with
the Sunnyside Push Club tonight and
will bring it Into the horse and vehicle
parade. He will also make a tour of
the meetings of the affiliated clubs of
the United East Side Push Clubs during
the coming week, and expects to se
cure their co-operation.
Secretary Giltner of the Chamber of
Commerce has been advised that a spe
cial excursion of four carloads of Chi
cago real estate men, capitalists and
pleasure-seekers will be In Portland
during the entire week of the Festival.
Correspondence has been kept up be
tween Mr. Giltner and pasenger agents
of trans-continental lines for the past
month or more.
LIMIT SET ON VACATIONS
Olympla Beer. ir tfte water." Brew
ery's own bottling. Phones, Alain 671,
A 2467.
Ten Days Maximum lor City Em
ployes, Says Kavanaugh.
Application by Roscoe R. Morrill, one
of the veteran employes of the Water
Department, for a vacation of 30 days
on full pay, brought up the question,
during the meeting of the Water
Board yeeterday morning, as to wheth
er a municipal employe can be granted
more than 10 days on pay. City Attor
ney Kavanaugh says 10 days is the
limit, under the ordinance, which speci
fies that each municipal employe shall
have that number of days' vacation
each year.
Superintendent Dodge, of the Water
Department, and Dr. Raffety, a member
of the Board, recommended a vacation
of 30 days for Mr. Morrll, saying he
has served the city many years faith
fully, and is entitled to the time off.
However. Mayor Lane, who was presid
ing, expressed doubt as to the legality
of such a procedure. Mr. Dodge then
told the members of the Board that he
recently granted to one of his sub
ordinates a 30-day leave of absence, in
order that he might go East to attend
the funeral of his father. Mayor Lane
informed Mr. Dodge that. In his opin
ion, this was without authority, and
an investigation will likely be made.
BOTH M'KEES ARE WRONG
I'reneh Court Grants Divorce and
Severely Condemns Them.
PARIS, May 14. The court today in
granting the Hart-McKee divorce suit
finds that both Mr. and Mrs. McKea
had contributed to the unhapplness of
their household. Mrs. McKee Is given
the custody of their child with the pro
vision that Mr McKee be allowed to
have the child one month yearly, as
well as being permitted to see it twice
a week, if living in the same city or
town.
The court also found that Mr. McKee's
charges that Colonel Baxter and Mrs.
McKee, his daughter, had inspired li
belous articles against him in the Amer
ican newspapers were not proved and
dismissed the case. Mr. McKee was or
dered to contribute 1000 francs monthly
for support of his child.
The divorce suit was brought in thi
city by Mrs. A. Hart McKee, formerly
Mrs. Hugh Tevls. The court was of the
opinion that a reconciliation between the
McKees was impossible, so a separation
was the wisest thing. It found the
husband guilty of violence and of hav
ing committed grave wrongs towards his
wife, saying he had yielded on the
slightest provocation to the- impulses of
his vicious nature. He had aggravated
these wrongs by bringing charges
against his wife which he could not
prove, as well as by having read in
court his wife's love letters, which "ele
mentary decency" should have prevent
ed him from making public.
The court found that the wife on her
side unwarrantedly attacked her hus
band by making charges in connectl6n
with the dlsapearance of her Jewels and
otber property, charges which were en
tirely disproved. The tribunal referred
to the notarial court all fixed questions
between Mr. and Mrs. " McKee. They
divided the costs between the plaintiff
and the defendant. The formal decision
read as follows:
"The court grants the divorce at the
request and in the Interest of both
parties."
Receive Bids on Government Forage.
Captain H. B. Clark, Distributing
Quartermaster, U. S. A., opened bids
yesterday for the supplying of 10,500
tons of forage for the army in the
Philippines. The specifications called
for 5000 tons of oats and 5500 tons of
compressed hay.- The only bid sub
mitted by a Portland firm was that of
Albers Brothers, who agreed to supply
the oats at $35 a ton and the hay at
$25 a ton. Bids on the same specifi
cations and for the same lot were
opened at Seattle, San Francisco and
St. Paul. Delivery Is for July and Au
gust, and the amount will make two
shiploads.
Perfect fitting glasses (1 at Metzger'a.
Tansl Tans! Tans! at Rosenthal's.
OUR
FAMILY CIRCLE
INCREASES every
day, and the best
part of the story is
the fact that every new
customer is pleased
with our service. An
atmosphere of welcome
permeates every nook
and corner of our institution.
German-American
Bank
Sixth and Washington Streets
Portland, Oregon
SATE DEPOSIT BOXES, $4.00
AND UP PER YEAR
WOMAN PRISONER BELIEVED TO
BE DEAD IS NOW RECOVERING
Physicians Puzzled by Case of Mrs. Millie Watkins, Habitual Drunkard,
Who Had Turned Black in City Jail.
liquor has undermined her health and . which took her to the verge of death
brought on heart trouble, an attack of I Werineerinv.
MRS. MILLIE WATKINS. taken
from the City Jail in a dying con
dition Wednesday afternoon, is a
puzzle which local physicians are hav
ing some difficulty in solving.
Mrs, Watkins was all but dead when
taken out of the City Jail. She was a
ghastly sight, having turned black, and
It was believed she was already dead.
City Physician Zlcgler and hl assist
ant. Dr. McCormlck. said life was not
quite extinct, however, and that the
woman would probably live as long as
half an hour.
Yesterday morning Mrs. Watkins,
far from being dead, was sitting up in
her bed at the St, Vincent Hospital.
She was quite cheerful and at peace
with the world, and was able to walk,
had the opportunity been given her.
The hospital authorities promptly said
she was not sick enough to be kept
at that institution.
Attaches of the- police station were
astounded yesterday morning when the
hospital authorities called up and
asked permission to return Mrs. Wat
kins to her cell. They said she was
in condition to continue serving her
term of imprisonment, and that ehe
was' not wanted at the hospital. It
was suggested, however, that she be
taken to the Poor Farm, as the city
was willing to forego any claims it
might have to the woman's presence in
Jail.
A dozen skilled physicians didn't
save Mr. Watkins' life. She simply
passed the danger point, even after
she was in a dying condition. Drs.
Ziegler and McCormlck did what they
could for her, but admit frankly they
did not think she could live. Her heart
stopped beating at one time Wednes
day afternoon, and she was practically
dead when taken from the jail.
The woman is a drunkard, and has
spent most of the past two years In
jail, being arrested for drunkenness
regularly the same day she completes
a term in Jail. She Is about 48 years
old, and appears 68. Excessive use of
Every woman covets
shapely, pretty figfure, and
many of them deplore the
loss of their girlish form
after marriage. The bearing
of children U often destructive
to the mother's shapeliness.
All of this can be aroided.
however, by the use of Mother's Friend before baby comes, as this
great liniment alwayf prepares the body for the strain upon it, and
preserves the symmetry of her form. Mother's Friend overcomes all the
danger of child-birth, and carries the expectant mother safely through
this critical period without pain. It is woman's greatest blessing.
Thousands gratefully tell of the benefit and relief derived from th
use of this wonderful
remedy.' Sold. by all'
druggists at $i.ooper
bottle. Our little
book, telling all about
this liniment, will be
sent
Tie BradfleU Relator Co., Atlanta, 8l
free. fj
See The Warships Maneuver
Off Tillamook
STEAMSHIP ROANOKE
Sails from Astoria at 10 A. M., Wednes
day. Returning at 6 P. M. Fare,
Round Trip from Astoria .... $5.00
Space Limited.
H. YOUNG, Agent r.
Ticket Office - - - 132 Third St
IT OPENS .SATURDAY, MAY 16, 7 P. M.
YOUNG MEN'S CARNIVAL
AND STREET FAIR
WILLIAMS AVE. AND MORRIS ST.
The Greatest Aggregation of Show Ever Assembled
The Immense Stadium. 20 Funny Clowns 20
Hunt's Dog and Monkey Circus
Prof. Austin and Jack and Many Others
SPECIAL OPENING ATTRACTIONS
Grand Ball 9:30 P. M.
Led by Queen Isabella and King Rex
Confetti Battle lO P. M.
First Grand Prize Drawn at 10:30
GENERAL, ADMISSION TEN CENTS
SMiDinraii!:
TMMHIIIM
Have You a
Summer Stove ?
i
J heating the room.
The stifling air of a
close kitchen is changed
to comfortable coolness
by installing a New Per
fection Wick Blue Flame
Oil Cook-Stove to do the
family cooking.
No kitchen furnishing
is so convenient as this
stove. Gives a working
heat at once, and main
tains it until turned out
that too, without over
If you examine the
NEW PERFECTION
Wick Blue Flame Oil Cook-Stove
you will see why this is so. The heat from the
chimney of the New Perfection" is concentrated
under the kettle and not dissipated through the room
by radiation. Thus it does the work of the coal
range without its discomfort. Ask your dealer about
this stove if not with him, write our nearest agency.
err
J handsome
t i r ftf
- i - -
nAn Bfnm iri i ri -r an4
a clear. Powerful liffht more aoreeahle than ni or
electricity. Safe everywhere and always. Mads
of brass finely nickel plated just the thing for the
living-room. If not with your dealer, write our
nearest agency.
Standard OH Company
(IsMerporated)
3-BMIBiHsaiW