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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 11, 1910)
15 OCTOBER 11. 1910- - TITE MORXIZSU OKEGOXIAN, TUESDAY, HOOD n SUIT CULLED GiTY WAR Attorney Stearns Says Electric Company Fights Decision of Voters. MAY03 M'DONALD ABSENT City Attorney and Treasurer Appear Fefor Jud?e Bean In $0.000 ond-Ismie Case Water Alleged Impnre. A J. Derby. City Attorney of Hool Plv.r ul E. O. Blanchar. City Treas urer, answered in the Vnlted States Court yesterday, when the bond Usue emmr. Involving sso.uuu. -, Mayor McDonald was not present to answer the charge that he had entered Into a secret agreement with Keeler Bros- of Denver, whereby the bond dealers were to be favored with a re late as sn Inducement for the purchase f the bonds. . Jesse Sinrni appeared for the Hood Kiver officials. Attorney Stearns sked ... . rn.tiuinn of the case until Oc tober J. nd by the consent of Attor neys Sr.ow and m was granted. As a basis for the temporary Injunc tion, .gainst the sale of the bonds. Burt -i-. i,nrm m nronertr-owncr at Hood Kiver. but a resident of New York City. rA mm ih comDUtnanl, but ac cording to a statement Issued last night tiio office of Attorney totearns, yir. Van Horn Is being used as an ln atrumrnt for the adjudication olnter- B.l dissensions in noun Ilrbatc Plan Alleged. In the complaint fUrd In the United States Court. Ic Is chanted that Keeler Bros, are not only to receive a rebate of $10i0 on the purchase price of the bonus, but that a portion or ne pro ceeds are to be used In paying off an 1H-I indebtedness of Hood Kiver. r,,r la an excess Indebtedness In Hood River." said Attorney Ierby last Slight, "but when It Is understood that It was caused by the Insistent demand of the farmers in the valley for Rood mm Am on the east side of the river, there does not appear to be a crime about It. It cost t:00 to build a por tion of the rond which was demanded. It was located through a narrow cut. Hood River m-ldened the place. "If the city street Improvements were demanded they could not be sup ulled at a limit of revenue of $5000 a vear as prescribed by the charter. Steam rollers were purchased and also team equipment valued at 16500 for the lavliia of streets. These cost the nrooertv-owners more than $13,000 on bonded Indebtedness. In paying- off the contractors who nut down Uie pave ments. But to secure the money, the City was required to take up some of the bonds Issued under the Bancroft ant. In that way perhaps we nave ex ceeded the 15000 limit on city Indebt edness." Suit Termed City Fight. Attorney Stearns discussed the lit! a' Ion freely, when seen at his office following; the adjournment of court. "The suit of Van Horn against the Mayor and members of the Council of Hood River Is really a ngni Between the Hood River Electric Light. Tower ft Water Company on the one hand and the majority of the voters of Hood lilver on the other, said Mr. Stearns "Some years ago the Hood Kiver Electric Light. Tower Water Com- mdv Durchased the water plant which then furnished water to Hood Kiver from the private owners for 120.009. They have recently been attempting; to ell the water system to the city for S40.0vO and have attempted to secure a vote of the city for that purpose. The ubject has been up for action by the voters on three occasions and each time the proposal has been rejected at the polls. Water Deemed Impure. "Acting on a petition of 129 legal voters of Hood River, being more than half of the voters who participated In the following election, the Council of Hood Kiver called an election to author ise the sale of bonds to the amount of 4o.0'" for the purpose of Installing the city's own water system with the proceeds of the bonds. The S:ate Bacteriologist had made several examinations of the water and the action of the State Board of Health has been called for. The State Board of Health came to Hood Kiver and Ir. A. C. ml:h and Dr. Kobert C Tenney said at a public meeting that the water supply was Impure and urged the citizens strongly to vote for a bond Issue sufficient to supply the city with pure water under municipal control, and an Issue of $90,000 was voted a: the election, the vote being 17" In favor of the bond Issue to $0 opposed. Bond Sale Allowed. "Pursuant to the vote, bonds were issued and duly advertised for sale and a sale of the bonds was made, but the purchaser refused to take them on the ground of competition of a private system. Since that time H. F. David son, as the largest owner of stock of the Hood River Electric Light. Tower & Water Company, has been active in his attempts to sell the water system to the city. "There Is an allegation In the bill of complaint that the contract with Keeler Bros, was a secret one made by Mayor McDonald and City Recorder Langllle. As a matter of fact, there was no secret about it. but the trans a tlon appears in full upon the min utes of the Council. "The real basis of the bill. If it has ny merit at all. is bssed upon the allegation that the bonds were not re alvertised after the first sale failed. And It Is really a question of the legal construction of the charter in that re gard. The Hood Rvier Electric Light. Tower A Water Company and H. F. Davidson are using this technicality In their own prtvate interests to defeat the win of the citizens of Hood River." OHIO CREDITOR WI.VS FIGHT Receiver Named for Haines Mining & Milling- Company. In an effort to save the property of the Daines Mining & Milling Company, operating in Grant County, a receiver was yesterday appointed upon the complaint of M. F- Douce, a creditor residing In Ohio. Attorney Idleman presented the pe tition to the court, and recommended that O L. Bender be placed In charge of the property. It Is pointed out that the mining concern is the owner of a number of valuable gold-bearing ledges In Grant County, which hve WE ARE GLAD THE OREGONIAN CRACKED IT TO THE FRAUDS! U was with penuine pleasure that we read, on October 3,. The Oregonian's bitter but just denunciation of the scalawags and frauds who appear, for a time, to thrive on the credulity of the public and throuph false statements and misrepresentations of alleeed pold and silver mines, rob the unsuspecting of their money. Well did that great newspaper say: "The evil of these crimes and they may properly be termed crimes, for they leave in their wake nothing but misery and suffering, and de stroy all faith and confidence which mainland should have in human na ture does not end with the ruin wrought on the small investors. It has a blightinir effect on all branches of legitimate mining, and retards the Growth of pood mining districts and prevents development of mines which would in the aggregate vicld up vast treasure. Throughout Oregon and other North Pacific States, and thence north through British Columbia and into Alaska, are large number of excellent mining prospects. Scores, perhaps hundreds, of these mines have been developed to a point where the investment of capital would soon place them in the list of producers. "But the market for mining stocks has for years been flooded with so u i .t.i, thot it is almost imnossible to interest IllUCa UU!MHU'ei oiFiuwcw si'Aft r- enitnl in a pood, legitimate proposition. The fake mines can otter the fake rroraoters so much greater inducements through inf lacted stock than i fe . i .1 u i lofrltiTnntA nrnrmsitioris that the can De Oliereu uy muse uu utc suit-kij l - , , - latter must see their own prospects, -which possess actual merit, lie unde veloped for lack of capital, while the fake stock finds a ready market. wn ttavt: a noT.n AND SILVER MUTE IN IDAHO t i. .nMrr.lv controlled br Portland people a small number of friends and auatntances-lt. officer, being: J. B. Puree P'nV.??nreSideni manager: C J. Dondero. secretary and treasurer: G. H. Iart.tnA vi?.e ,rJ and counsel: R. L McCumsey. C V. Dowsing. J. L. Wells and H. V. Manning. - f I v - 4i -- - i . . . jf VLTTFv iitjn i.-ifc.-. SS. r 1 X. Sandpolnt Smelter, 34 Mllri From t- 8wtik Mine- wr 1 J H-nAv t compllaUon of dividends paid the past eight months Mining 'h 'ch. that 120 American mines distributed among shareholder. Ja . added to the dividends previously paid oj 7 Turn o n their combined disbursement, up to 1655.060.659. or 119 per "d rmanv close capitalisation, yhi!e this does not Include the dtvidenM '"letii from corporations ana otner smaller mioico". ,r i. iAiI renrfsentitive of the the mining and metallurgical industries. It Is .rS!PlvVry,laa pro profits made as the result of le gltlmate mining. The old suver q ins 'f'is: .vir:0 e?r showlhe drvlaendsper 8harepald br irirEVri ranges from IS cents to U each. This gain "air u. "rt', We know of no mercantile en iterprise that v. ill pay one prutfeclassed a9 goid. VI ine in uiiiiTTB ia. - - ,h. number of ST. were me silver, lead (the Swastika ores), and zinc, to he numoer 01 lT;corporatea largest contributors, naving (n,a. m .;i e ii qi si 'i 442 " ihel 87 companies have paTd in dividends a .jVyrlproflts derived The magazine then proceeds to?t-ln, metals? particularly gold, from small investments in mining tor the P .e"u5s3 Companies for the month silver and lead, and names the dividends paid by bi These statements of the cial records. Some of the mines pay as much as p ghver and lead records of over SU0 per ceni paia w " - mines. ' ... lv, . account of 303 operating i it. U.n. nf Alie-llKt 20 the World gives ail v ci; ctrt - companies which have paid their J'Sira. iva- 0S4 in aiviaenus u "U. inveited ''This is a most satisiactory re lent to 77 per cent on the money invested -(1 nd'hse Jigt includes a number turn." the magazine say. "when it '? consi aer ea wo d to prohibit of companies which, in the f.a'",a.ys,r nHnufng the World proceeds to the payment of adequate dividends. ConUnmng, ii o Montana show that the Calumet & Hecla pays almost as much. The '1 165 per cent and A"""1, i"i0-i J time "M that of Jhe Homestake. with a cap tal of iS4,0,;0.0?, eT centT As this capitalization Swastika pays its stockholders Pro''" ' actual dividends paid by the was sold for less than 2a per cent of its P-'-gon quartz mine. Just Homestake are above 360 per cent gtfmasr"harf, will pay its stock beginning shipments to the smelter, estimates h peopie only holder 1000 "per cent on their money, nd'operUe. In thi. North w".M?nirn7 S?loBnwlflSyft aeve?op-&'woruldPayP amazing profits. A MIGHTY SOLED TETJTH in connection with the preset,, .conditio , of the tf-tika lining & Development Company's Property, we read w"I a een im Manufacturing truth spoken by Charles I. Doi3"',"nSVhim a few days ago. He Company, of Kansas City, In an dT??lt "Ity. and the head of one Is one of the foremost business men of that at iy ai Kockefeller. of its greatest institutions. He began life a wrKn'1'"'djd not acquire his Gould and Morgan, and is now Independent But he aid n t $100 indenendence by working for wages. Not ne. wnown as the Dodson he invested the money in 1000 shares of a corporation known m tne er Automatic Electric Shot-Firing Machine af! ?pahi"n Snow being adopted blasts in mines, eliminating .th 'danger nn'enaedr? he Concern, and here is & aTvfceWfoeroth7.rThhoermayHbee suing th9 enterprise Is The time ,o make an invemen, in x?Z?'g It u hard to make men thins.- He who does this will have to par dol'ar for dollar ro r ,nvMtnaent. The You'csn buy gold dollar, for cenu. but there e2rtnwno come in at the KS-nlaS. -tK X1 k oTt-enlsp Tire Company. It " -A srrlklnit "trsHon of this fact I- th case of J been In operation commenced with a working capital o CAXSH. Thorlginal stockholder, bad hSa ricked in dividend.and pr.lun. . the . un of ,'n''rran7.ctlon deluded OUR FIRST SALE OF TREASURY STOCK. If we were gamblers, or possessed of the smallest atom of the gambling spirit (which we are not), we would be willing to wager a handsome sum that no other mining corporation ever presented . a record the equal of this : TVe have owned the Swastika one year and one week. In that time we have completed 86S feet of tunnel work, have 55 feet of upraises, constructed a good wagon road to the mine, five miles from the steamboat landing, cut out several necessary trails running indifferent directions on the 220 acres of our ten-claims, and out from our picturesquely located hotel, built good cook and bunk houses, erected an 18-room hotel and furnished it complete, have bought five mules and harness and two wagons, one saddle horse and saddle; built 1500 feet of flume, one water tank, two stables, bought all necessary tools, opened up fine bodies of ore in three tunnels 12 feet in No. 1, 10 feet in No. 2, from 12 to 18 inches in No. 3 procured a 20-acre townsite, secured a lime and marble ledge and have stripped 25x600 feet of its face ; have paid $7000 on our property and HAVE NOT SOLD A SHARE OF OUR TREAS URY -STOCK. We have 3,500,000- shares of it, and now we shall begin our first sales of this great asset of the Swastika Company. THAT CAN SHOW A RECORD TO EQUAL THIS ONE! WE GUARANTEE OUR STATEMENTS. In any of its advertising matter the Swastika will not knowingly -make a misstatement, and the offer will always be open that if any . stockholder reading our public announcements will preserve them; ,,. Vice-President Martin is a resident of Sandpoint, Idaho, all other omcJ?. anVdeTtorabeiAs "citizen of Portland The distance from Port r.nrt to the oroDerty is 315 miles by rail and about 30 by water, and the ,n,,?e via Spokane to Standpoint, on the Northern Pacific. 29 miles west of"snokano thence by steamer from the Sandpoint w-harf to Lakevlew. on Lake TpendVoreTlTe The mine Is five miles from the boat landing, with a fine wagon road the entire distance. And It is a MK, and OT a prosp?ct " it consists of 10 full claims of 20 acre, each one of which is so i.r?elv -developed that It Is removed from the "prospect" column to that of lh mLe vet to Place the property In Its most lucrative position we must b uv a quarts mlU. four or five machine drills and one or two thousand All the o" "e must concentrate the lower grades, ten toils Into one to the end that freight and smelter charges may be redded to the minimum The nanp.iimr mm will iavc ine irciKai v" . . j . . . :ii;'r charge, of f per ton on nine out of each i ten ton. I n er J ff C I fB V 1 II 1 1 1 1 n IIIKIl-K B - . . ... .1 mmm$mmmMm k,"1.12 iiS.K.l. this "induotryr One of the first questions such m. .hii a.ir i- "Tf vou have ore In i BlRht, or DlocKen oui, wny no't mine andsendit to the Why do .you se! tgSl't ore ri1" "kf.ea.,r,P.er.cked ud too and mixes with it, .Not A LI, the low grade but a conshicrable portion of it Thh. .cannot . .3 'KutTfor "Sample, taking the Tacoma smelter test of our ore. 1-8 per ton. THE SWASTIKA CAN READILY PAY 200 PEE CENT PER ANNUM ON EVERY DOLLAR OP CAPITAL PUT INTO IT Th nreaent management ha. had charge of the Swastika but a few days nr. ihiif!. 7ear But little development work had been done when we .CfTfeo deTplToSrpenr,toVnt1UTls, ! oWe'ciaY...' angt'he gSselo?aUy;tn.nt the mine must be supplied with machinery, and that costs mone. PRESENT STOCKHOLDERS OF THE SWASTIKA HAVE NOT THE MEANS TO BUY THE NECESSARY EQUIPMENT TO MAKE THE MINE PAY THE DIVIDENDS IT OUGHT TO PAY !&! "'l.r"!:Cw,,,ra0raIn ofl snoer'corporat.on fines'? fo; the sum of JiSf1Tr. l?ngh the'eoncern is .till, and LNivoBTEHvM-i:f B?JFJ? c'N-KYev SLUT. kets rich by lendlne hi. savings to banker at per c turned down fortune himself by investing J.B..mo,Vur days enablTrg him to make bis fortune tfUr''eft l-ePOBitr th8y rutf it Is a creeping way of getting ahead ordinary way of doing things he rUU a msn ba. any .' lJnT floor men get the .hould Invest a part of his savings eacn ,,, , Pr0t'-,b-e same sdvle. was given br Cll Kbodes. the most cceful mining man In the history of the world. MINING NOT A GAMBLE I a recent issue of the Mining World the a-elo-Ms i''bus" ! 7J0 IVmi llllr be " J r.- . enncluslon : tsiiiii'iy L11"L . . - : , is it tnat tney ---- -------- . Dromoter or they I'i?!""" V.?. :me thought nor exercised, the same foresight in. -K enceW his taught them 'b"Si T in the outcome of a achloved success. Granted that there w no gu buair.ess that men. en- mlnlng venture, is it . noi , merchandising, manufacturing, sioc page in, be it real estate wh' wa consider that mining has only falsing, and so on ad Infinitum. When we ens,ej;ow belng conducted on come to its own In the last 1 mistakes of former years and times mot KgufC&?$&tm&nW-, as conducted at this "Mining, it muet be remembered 1 is not UilAuSuii pect holes, developing a vin of quartz " rfor anv intrinsic value that can stocking It for a thousand times more than tor a and Qn ft of be shown, and then selling hetoehVJi.dnt mining. Rather is it the curse misrepresentation and falsehood. This i is not mi .11 d dea, of lt to mine ot mining. Mining demands capital t usually produced without successfully. Gold, silver, copper and lead arenoi atany other bus ness costly effort, but given the , capital It rare WPP metal3 when th9 business Is as profitable as that of mining for tne preciu gratifying that the I In the hands of honest management. Andtl n aeded Dy a !tnow . but a surprisingly GOOD paying business. THE CORBIN RAILROAD NEARLY COMPLETED The Sandpoint News of September ""ounce. th-t0:rtnern.apacifir?S weeks the Corbin branch railroad from Athol on tne up Sbe marktef oPr ?rg 0SVahsetikaakem.ne?so that we will have both 1 M i - 1 - it ' ' i ' s X : r s ' 1 . sr.:,- w4-is-o V m. , ,Vi 4s A)e s t7 1 com is This Is a frank and honest confession. If they hnd. not a share of the mVany'. stock T would be placed on the market. Hut they have not, and that al'I there 1. to it. .0 we propose to now offer stock Jo the nubl.o ll0cnt. r cent cash and 25 per cent per month, and with the money 7 fca II, -H add to Our OUt It A .L tne parauuei uii ir.n.o. 1- e - " resultt from thi. great property. It would seem that 200 per cent per annum f.n a persons moSey ought to satisfy the most avariciovw. This we figure v.e tan pav on only $78 ore. Our assays showing values up to $S40 puts a JiftJint nhe upon the proposition. That kind of ore would mean S0 Sir per annua only llo rock would yield Swastika stockholders 300 er cent P But, st -king to the ITS ore the Tacoma smelter test actually r?nws we have and 200 per cent profits with only a 60-ton mill, and we m,Td Uke to near of a better Investment than that ot money placed in ?Mm sto.k IT l VlKTV Tlllta AS MICH AS AXY BATji K WOULD PAY TO AY DEPOSITOR. One Portland bank publicly advertises that It will not anv-nterst at .1 on Its deposits, but we feel confident this mining pay n interesi i riredn t at le.st 200 per cent. This is a most ZJ?n.e?vres Wnei In mining profits 1? I, conservative because of the Swastika's small capitalization. Vere we It Is conservative, oei.auo-.i. or oniv 60 per cent on aPw"-mfll "- ' only a half-mlHIon-dollar corporation. Eence It will readily be understood that with the same amount of production -. etn oai double that of the company with twice the amount of capital, or rur Unfes s mich s Is possible for a two-mllllon-dollar company. This hise we hae .0 much fess to pay profit, on. It U easy for any one to understand tills. GREAT WEALTH OP IDAHO MINES lnrHlns to the Mining World, ten Idaho mining corporations have in e., ent vea?s paid the r stockholders the gigantic sum of I29.908.930. If the llr?.ik. were to Increa-e its number of .tockholders to 300. for example. " f in if. K life were to divide this lnrge sura among them, it would mean ndJr?,.ne in round numbers of $100,000 each. And if every share of the 2jV,ika?. cnpUaUzatlon vere sold at par. this distribution of wealth would ' a V,nm Z n e tment of only half a million dollars. This is. an example result from jo Iniwu men 1 " , ,ne rich mlneraJ state of Idaho. The ,.Wr Hill & Su n an. 27 to I 2 mile, southeast of the Swastika, itself paid Bunker Hill a. uiMa"- ' d d u formation and ore bodies are 111.S3J.400 o : the -S .111 ed miner, have said that the Bunker Hill on the nd the WaTtika on the north .ide of the divide, are really twin prop nd lD? ... ....mhi. .-h other In their constituent properties. ---- ,tlk. on the north side 01 tne Qiviae, are reaiiy v i.uth. and the S astiaa on 11 nui . . , constituent Drooertiea. ernes, they .0 cioeeiy menmu - - - . . . w tmTT"n SUBSTANTIAL V twill u wusxixix .u r-.i Mlnlnc World of September S. on its first page, publishes an TheeCfife. ie?a"?ng the profits in mining for the prev!ous eight month, array of fiBures .e1"n5nl" --From reports made to the Mining World.- lt ,hai u unorrent thaJ there .re .ubstantial profit. In mining, even though "e price, of the f principal metal, are at a most unsatisfactory base. In a Hotel Swastika, I-akevlew, Idaho, Five Mile. From Swastika Deve.opmenr Company' Mine. ti wnrt-r tranKnortaiion at our command. Athol is a station on the Portf'nf ll 11 ft eaf nhth,'e0 SpoYnr-nJlT'utTf U w necessary .hip all the way to Central and boutn America, out- enlarge the appetite. WE OWN A LIME LEDGE. A TOWNSITE AND A HOTEL, AS WELL AS THE SWASTlJiA The Swastika Mining & Development Company owns not only the ten minine claims referred to, but at the steamboat landing, on the shore of the beautiful Lake Pend d'Orellle. a townsite of 20 acres, with a pretty 18-room hotel elegantly furn shed, which win pay spienaiaiy tne ledge of lime rock that in Itself we would not sell for all the money we reauire to complete the equipment of the Swastika mine. This property Is thre to be seen by anybody. A few miles from us on the same side of the lakS another lime ledge, being worked by a corporation and it is paying big profits to Its etockholders. The investment necessary to make ours as productive aV our neighbors would be trifling, and all shares of the Swastika Pf-5..; ,h2 nm ii. townsite and hotel, as well as an immense water power we hold at Lakeview. and the ten Swastika claims We have Ve-.t entirely out of debt at all times, never naving guuwuiwi tuncui ZvnensSs greater than the monthly pay roll, which is settled on the first of expenses greater tnan to rrfuced by several miners taking their pay in part, n stock. Among these Is one W. P. Jones, who has worked in the 1". P?. i nnnh. Tf i. less than a week since he said: I am firmly .T.-i Vh. t win clean uo fifty times more money on my stock than on my saiarv that my real profit, will accrue from my holdings of Swastika Snare. I TELL YOU THIS HIXK LOOKS GOOD TO ME 1 have mined nine vear. in Idaho and Montana. I have worked In ome of the largest producers. and none of them had a better, n as gooa, a. nunmS m vs Sfndee"opment. w have the ore now J these , rAn r,' i.led in wher mine, to Uk5 part of'my wages in stock, and have" missed it 11 t o The Swastika looks so good to me that I wish I could afford tt tale ?Li: my pay In its shares. BI feel confident that if I could witMn -i few vears I would not need to fear the approach of age, nor dread that want might overtake me." , ...v...., ah c.., miner at work in our tunneis pe uuiiiiiii. agree that we have a most valuable proposition, and that with the equipment S..,.Ti .r. nra to distribute among our stockholders such profits no business' other than mining could hope to in anj-wise approach. And, Sv the way WHY Is it that people nearlv always refer to any immensely .ntAmrlM as a real gold mine r ll is Detauuo guia minca ai j o w?ndfulirm5nVraUve that all other Industrie, are subordinate to them In tne matter ui " 1 " Sack, of High-Grade Ore, Swastika Mine. will visit the mine for himself; look the property over thoroughly; scrutinize it as carefully as possible; examine the townsite, lime ledge water power and hotel, and by his energy discover that we . have 'in any manner made misrepresentation, or distorted anything thfi fost of his trin. receive in tile bJJ-gJUtc&l, mii. -- (. rni J back his stock and return him the money he paid for it. This does .... 1 1 J 1 "1 rr lmr,-nr, c tyiAtioItT TtioVa not apply to tnose wno wouia Duy iw suaira m mcic; the trip at this company's expense, but DOES refer to any bona fide stockholder desiring to verify the statements we make to the PUbllC- T,T,TT,T, IN V ESI 11 A iiS UUit Uifioiiiio. Aarth is a noor T)roTertv UXiy aware tuai, mc ucou . . - " , with dishonesty seated in its official saddle, we invite the most searching, painstaking, RIGID : scrutiny of the reputations and -e j: oni nffinpra Asifle from Mr. Martin. cnaraciers our unctwia - ALL are residents of Portland, well known to hundreds of our peo- pie. ix tnere ue a uisuouesu man. o.iwji, . WILL De quesLiuiieu uy ouj unuiu - r stockholder, or prospective stockholder has a right to know it, and - ... , l r. 3." .1-- "M"rtr- ? Vi n-m nrn will do well to govern nimseu acuuiu-iugij'. aiauou w business men of standing, but their capital is largely tied up in the various enterprises in which they are engaged, hence they have not tne reaay money tu pruciuc ouu ui!.!. x the Swastika in the best position to yield up its richest treasures in tne snortest space 01 ume. j.l is iur una icosdu uuu are now offering our shares for sale. If any assistance be desired by any one investigating our standing in the community, and we can be of service to the investigator, we will gladly render him whatever aid is in our power. If any information be desired by a . i i i n - AnwTai-n ita Tnithnrla n"P hnsinpsa. SloCKnoiuer vajiak-i:i uiii 1,110 tuipuiuuiwu, vvw , xl I." J i. nn4. 1. AMA nlnnnlw "l n I rl ixra cll all Vl fi riTlltT. or on any outer suuject uuu uwo uican uciu.u, ouu too glad to supply it. . "WE HAVE NOT, AND NEVER SHALT. JrlAVJi, a secret irom a stocKnoiaer, anu we vmy asn. tuau weae uo just as frank and upright with us as we will be with them. No corporation can prosper with discord in its ranks. These two ele ments do not go hand in hand, and we will not consciously be a party to anything tending to disturb the tranquility that should exist between friends and business partners. "We KNOW we have the making of one of Idaho 's famous gold, silver and lead pro ducers, the most reliable and permanent of all mining propositions. TTT 1 i. 1 - 4-I.a nntt4-lnn rf rTl ata 1 T"1 O Vl 1 11 1 1 C lt COftTIIHl we nave l u occa..Liic uu-upciauuu ui uluio tv vmuiu w cmvwv the best results from this, and we shall accomplish this without a single intentional statement contrary to the facts. There will then be no afterclaps, no accusations of fraud, no disturbances nor war ring factions pitted one against the other. The Swastika is too rich and too good a money-making enterprise to become embroiled -in contentions and the subject of wrangles and disputations. SHARES 10 CENTS EACH. These may be paid for one-quarter at time of booking order, 25 . per cent more in 30 days, 25 per cent more in another 30 days, and . the last 25 per cent at the end of the next 30 days. "We sell stock' . ,on these terms for the reason that the installments, coming in as they will, will meet our expense account and pay roll, and will soon ' accumulate a fund sufficient to buy the mill and machine drills a3 , we shall need them. OFFICERS AND DIRECTORS. J. B. PURCELL, President and General Manager. C. J. DONDERO, Secretary and Treasurer. G. H. MARTIN, Counsel for the Company. R. L. McCumsey, C. "W. Dowsing, J. L. "Wells and H. W. Manning, Directors. OUR NEW OFFICE. For the better accommodation of the public, and to secure inex- pensive office rooms, our office has been removed from 310 Oak street, near Sixth, to 220 Drexel building, southwest corner Second and Yamhill streets, the white, six-story block so conspicuous on that corner. Take the Second-street entrance, and the Swastika sign will be discovered at the first landing. ... OFFICE OPEN WEDNESDAY AND SATURDAY EVENINGS. Telephone Main 8726. I ' ma. ha. never been patented, and that .,n.n of the value ot $1.000 been Installed. - . The mine, have not been active In recent years, the company ha. become Involved to a considerable extent, and so many of the director, have with drawn from the management that trie company finds Itself unable to let con tracts for the performance of assess ment work necessary to hold the g-ound The Government requires that $100 worth of work be performed on each claim during each ye.r. It must be completed before midnight. work. The company is indebted to December 31. The receiver will Im mediately award contract, for the Complainant Douce in the sum of $3500. secured by notes. OLUSTE1X NOW BANKRUPT Sheridan Merchant, Who Disap peared, Victim of Circumstances. Samuel Oldstein. a Sheridan mer chant who recently disappeared, was yesterday adjudged, a bankrupt in the r- : . - .1 oa- r-t Th Chief Wlt- nesses In the case were hi. wife and other relative, from Oregon City. It la believed that Oldstein left the country and deserted wife and child because of humiliation. Oldstein had been a suc cessful traveling man and when he desired to engage in business for him self had been .upplied with large credit by Portland wholesale houses who were acquainted with him. Oldstein first opened a general store at Hanford. Wash., where business proved scarce and the store was closed, the goods being shipped to Sheridan, ! thta iniriatatn AIA but little better there, and in August sent his wife and child to visit relatives in Oregon City. A few days later he quietly locked the store and vanished. Mrs. Oldstein testified that ehe had not since heard of him. Elgin Streets Get Macadam. ELGIN. Or., Oct. 10. (Special.) Elgin', "eye-sore," in the way of a mudhole for streets, is rapidly being replaced by good macadam. About 20 team, and 30 men are at work and by Kn wpfiie i-.icrin s main mtrmmt will be practically new. The Improvement will probably, total $2000. Acquitted Slan Wants Damages. Imprisonmnent in Jail for two days without cause is the ground upon which David O'Heil bases a suit for $5100 damages. He filed his complaint in the Circuit Court yesterday against H. A. Sturdevant. He says he was ar rested November 10, 1909, charged with larceny, the warrant being sworn out in the Justice Court Three da later, when his case went to trial. was acquitted, he says. He think, t scandal and disgrace worth $5000, a says he spent $100 for attorney", fe and like expenses. Motor Tandem Rider Injured. VANOTJVER. Wash., Oct. 10. (Sp cial.) M. M. Johns, when riding a ta dem motorcycle today, was. throv, breaking his left hip. Another man w with him on the machine. Hi 107.0