TITE MORNING OREGONIAN. "WEDNESDAY, MAT 8, 1912.
i1t
CLOSED BANK MAY
REOPEN IK 80 DAYS
Depositors and Former Cash
ier of American Bank &
Trust Assure Move.
45 PER CENT DIVIDEND HELD
000 of XcmMrr 4333,000
Capital eeded to Reorganise In
stitution Is Available Xon,
Jajs Attorney; Rrt Sure.
At the solicitation of a committee of
the depositors of the American Bank A
rrut Company, which wa closed by
Rank Examiner Wrlffbt. Circuit Judge
Karanauch yesterday signed an order
deferring the payment of a dividend of
44 per cent to the depotiltora () days
from May 10. the date on which a for
mer court order railed for lta payment.
The object of the move ia to give
C. L McGtbbon. ex-cashter of the bank,
and Charles Kleman. who have been
working on a reorganization scheme, a
chance to put their deal through.
W. A. Burke, an attorney represent
ing the depositors and the promoters
of the reorganisation scheme, said that
such arrangements have been made
that 1195.000 of the $::S.00 capital
needed baa been assured.
Prasalarat Mia Offers Aid.
"Certain parties came to Mr. Mc
Gibbon and told him that If he could
' get the depositors to subscribe ITS.uuO
in stock they would put In $105,000."
said Attorney Burke. "I have here In
my case a written agreement of a prom
inent business man who promises to
take 115.000 worth of stock to assist
In reorganisation. He wishes his name
withheld for business reasons, but I
will show the paper to your honor In
confidence. I am certain that reorgani
sation can be perfected Inside (0 days,
and It means paying dollar for dollar
to the depositors Instead of i per
cent."
Attorney Dan Powers, himself a de
positor and representing others, urged
that only 30 days be given. lie called
attention to the fact that It costs J600
of the depositors' money for each month
thaf the winding up of the bank is de
ferred. He and State Bank Examiner
Wright demanded to "be shown" with
respect to the I10S.0O0. Attorney Burke
demurred on the ground that Messrs.
McUlbbon and Kleman did not wish to
give away their business secrets. Mr.
Burke, however. exhibited certain
papers to the Judge and the order was
signed.
Part at Depoaltera Agree.
C A. Hoy. chairman of an organisa
tion of depositors, and C. W. Hod son.
representing assigned accounts, spoke
in favor of permitting time to complete
the reorganisation scheme.
. -The law states." aaid Mr. Hodson.
"that the Bank Examiner may approve
a scheme of reorganisation. I have
known Mr. Wright for JO years, and I
am sure that he haa no desire to block
a scheme which might put this Institu
tion on its feet. The difference between
45 per cent and 100 per cent Is con
siderable. Assets of the bn which
have been listed as not Immediately
negotiable could probably be realized
upon If carried over for some time.
Thla would be better than having them
sold at auction."
Mr. Wright said that he had no desire
to block the plan If Judge Kavanaugh
were satisfied that It was not a mere
promoting scheme, and that a good
chance to put the bank on Its feet
really existed.
Extraalaa ta Jaly I t.lvea.
The first court order called for the
payment of the 45 per cent dividend on
April IS. The date was then advanced
to May 10 at the solicitation of Mr.
Mr-Gibbon and Mr. Kleman. The new
order of yesterday glvea them till July
10 to complete their plans and have
he institution running. Mr. Burke ex
pressed confidence that it could be
done. Bank Examiner Wright now
has on hand IS0.OOO with which to pay
the 45 per cent dividend It It Is ever
actually declared.
The order provides that Messrs. Mc
Gibbon and Kleman are to have space
In the bank for their work or reorgani
sation. KRIBS TO MOVE TIM3ER
Mevenon Espects to no Very Busy
Town as ItcMtlt.
W. L. Richmond. The Oresonlan cor
resondent at Stevenson. Wash., came
to Portland yesterday on a business
trip, and returned last night. He says
all the delegates to the Republican
State Central committee from Steven
son have been Instructed to vote for
Taft.
As to financial prospects In Steven
son, he said:
"Frederick A. Krlbs' timber, of which
there are from 1.250.000.000 to 1.500.000.
0'i0 feet, is about to be moved, the prop
osition having been made to him by cer
tain persons that If he would furnish
to per cent of the money necessary to
promote the business, they would fur
nish 40 per cent, and pay him for the
timber at a specified rate. As soon as
the timber starts to move. Stevenson
will be on the boom. We have six mills,
and they have been closed now for
more than a year.
"A few nights ago the rumor was
current that the Government had asked
for bids on ail matured timber in the
Columbia reserve, between 1,500.000.000
and J.000.000.000 feet.
"Pians are on foot to give the Elks
salmon roast at Butler Landing.
daring convention week. July
It if 11. The Stevenson Elks will meet
Thursday night to make further ar
rangements for entertaining their fol
low lodge members."
. PERSONALMENTION.
G. H. Harris, of Tacoma. Is at the
Carlton.
T. H. Lavery. of Detroit, ia at the
Bowers.
Mrs. J. H. SuthofT. of Hood River, Is
at the Portland.
F. C. Cheasty. of Seattle, la registered
at the Portland.
Thomas Ellis, a merchant of Rainier,
Is at the Oregon.
Father A. Bronsquest. of The Dalles,
is at the Cornelius.
Mrs. J. F. Eddy, of Medford. la regis
tered at the Oregon.
Otto Fern, of San Antonio, Is regis
tered at tbe Bowers.
J. A. Straub. a business man of Seat
tie, la at the Cornelius.
Albert F. Hall, a fruitgrower of Hood
Kiver. is at tbe Perkins.
Carl Sword, of the St. Francis Hotel
of Sen Francisco, Is registered at the
Multnomah.
A. E. Hart, an attorney of-Forest
Grove, is at tbe Perkins. .
A. W. Cook, a Pittsburg banker, is
registered at the Portland.
O. E. Jeldness, an Astoria merchant.
Is registered at the Perkins.
F. E. Vanness. a Wlnlock lumberman
Is registered at the Oregon.
Dan P. Srnythe. an attorney of Pen
dleton. Is at the Multnomah.
If. A. Sprague. a logger of Skamo-
kawa. la at the Multnomah.
General and Mrs. T. R. Tannant, of
Spokane, are at the Bowers.
Mr. and Mrs. A. J. Sullivan, of Duluth,
are registered at the Cornelius.
W. F. McGregor, collector of the Port
of Astoria. Is at the Multnomah.
W. H. Abel, an attorney of Monte
sano. Is registered at the Bowers,
It. I. Patterson, a merchant of Uma
tilla, is registered at the Perkins.
F. L. Stewart. State Senator of Wash
ington from Kelso. Is at the Oregon.
W. J. Walsh -and M. W. Smith, of
Spokane, are registered at the Carlton.
R. M. Jennings, formerly a Coos Bay
lumberman but now of Eugene. Is regis
tered st the Portland.
Mrs. II. Bertha Myers left yesterday
for far Kockaway to spend the Summer
with her daughter, Mrs. Herman Ilerst
(Lillian Myorsi.
QUARAHTIHE HERE, PLAN
Ctm'IKUCK BOOT TO COM-UR
WITJl CONGRESS.
Krfort Will Re Made to Have Immi
gration Station at This Tart
Before Canal Open.
Whether an Immigration and quaran
tine station shall be established at this
port In preparation for the Increase
of foreign Immigration expected to fol
low the opening of the Panama Canal,
will bo taken under consideration a!
once by the committee on rivers, har
bors and navigation of the Portland
Chamber of Commerce, of which L. J.
Wentworth la chairman.
The subject was referred to the com
mittee by the Board of Trubtees at Its
meeting yesterday with Instructions to
report before the next regular meeting.
Tlie Chamber will make Its recommen
dations and preparations for taking the
matter up In Congress, entirely upon
the- findings of this committee.
While it Is the general sentiment that
such preparations should be made be
fore the opening of the canal, one of
the questions that will have to be
decided before deflate action is taken.
Is whether the station, if established
for this port, shall be situated at As
toria or In Portland.
Among other business at the meeting,
the Portland Chamber voted In favor
of the Associated Chambers of the Pa
cific Coast Inviting members of a sub
committee from the House of Repre
sentatives to come to the Paclflo Coast
and visit all the more Important ports,
to study at first hand their needs In
the matter of harbor improvement. Ex
pense of the trip will be borne by the
Assoclatud Chambers.
The plan to Invite the visit of the
ub-commlttre originated In the Port
land Chamber of Commerce about a
month ago and was yesterday re
ferred to the trustees for the vote of
the Chamber. It is thought that all
members of the Associated Chambers
will favor the plan.
Official notice was received by the
trustees from the Port of Portland
of the new pilotage rules, which
guarantee to boats operated under reg
ular monthly schedules, pilotage rates
not to exceed those In force on the
Sound. The Chamber will reply with a
request that this provision be made
broader so as to Include all boats run
ning Into this port. The Chamber still
remains on record, however, as asking
for free pilotage.
Water Right. Adjudicated.
SALEM. Or.. May 7. (Special.)
Wster rights on Willow Creek, were
adjudicated by the State Board of
Control today. These rights are 103 In
number. Adjudication of water rights
on Powder River will also be taken
up and notices have been sent out
to that effect.
HARRY HILLIARD AND
IDA ADAIR AT BAKER
Two of Portland's Favorite Stars Make Initial Bow Here in Stock
Productions.
- vow - N .
"6 -J
TWO new leading people are Intro
duced to patrons of the popular
Baker Stock Company In Harry Hllliard
and Ida Adair.
In the strictest sense of the word
neither Mr. Hllliard nor Miss Adair are
making their Initial bow to Portland
audiences, but as coworkers at the
Baker they are new to us.
Early this season Mr. Hllliard. who
Is a Llebler & Co. star, and only loaned
for this Summer stock occasion, came
to the Hellig in "The Deep Purple." It
was Immediately following that en
gagement that Manager Baker took
steps to get Mr. Hllliard under contract
for bis present engagement.
Mr. Hllliard has been with the Lleb
ler firm for three years. He Is of that
pleasing type of actor known In the
profession as juvenile leading man; Is
of a strong, virile personality, and all
of bis dramatic work has won for hlrn
universal recognition from public and
press alike.
He Is of that exclusive body of actors
a real matinee hero and. like James
K. Hackett, John Drew and Henry
Miller. In their early days, he Is the
recipient constantly of dosens of mash
notes In every mall. ......
But. like Eva Tanguay. he doesn't
JUDICIAL RECALL HIT
Ex-Senator Fulton Would Alter
Oregon System.
PRESENT FAULTS SHOWN
Speaker at Rotary Clnb Luncheon
Declares Certain Modifications
Would Be Benefit to Resi
dents of State.
"I am opposed to the recall of Judges
and of Judicial decisions," said ex
Senator Fulton, addressing the mem
bers of the Rotary Club yesterday upon
"the Oregon system."
"Other officials deal with actions
that are always of direct public In
terest," he continued. "In such cases
the recall might be a means of hold
ing them to the execution of the
pledges to the people upon which they
gained their election. But a judge Is
always an arbiter between Individuals.
His duty Is not to carry out any policy
or put Into effect any platform: not to
see that public sentiment Is carried out;
but to see that absolute justice Is done
to the Individual litigants."
Mr. Fulton oeclared that the con
stitutional law Is framed to protect
the minority.
"The majority Is able to protect It
self." he said, "and making Judicial
decisions subject to the will of the
majority, which Is frequently unjusti
fied in Us attitude toward the minority,
jeopardises constitutional law.
"A cowardly Judge.y he declared, "is
Just as dangerous as a corrupt judge
When you Inaugurate a system that
makes cowards of our Judges, you
Inaugurate a system that makes Justice
subject to the whim of any passing
public opinion."
"I am not opposed to the Oregon
system In principle." he said at the
beginning of his address, "unless you
Include with the Initiative, tne reier-
endum and the direct primary, the re
call of judges and of judicial decisions
as an essential cart of the system."
He held, however, that the principles
of the Oregon system should be put
Into operation In a form more moaineo
than at present. Before laws go upon
the ballot by initiative petition, he be
lieved that they should be referred to
some responsible commission or legis
lative body for careful consideration
and amendment, thus avoiding the pass.
age of laws which, while good in
their Intent, are frequently votea upon
In a "half-baked" form and contain
many flaws that should bave been
eliminated.
"I believe also," he said, "that it
should be made harder for us to Initiate
laws or to invoke the referendum. They
are measures that snoum not do in
voked except on matters of great and
far-reaching Importance.
Ha said that the practice of cJr
culatlng petitions should be abolished
or placed In the hands or regularly au
thorised state and county officers. The
practice of circulating petitions as It
now exists, be declared tp be vicious
and productive of vicious conditions.
Referring to the case of the petitions
against the University ot Oregon ne
said: "This petition fraud Is dis
graceful and It ought not to stand,
and moreover, the system should be so
changed as to prevent Its repetition."
Mr. Fulton favored a party assembly
to be held before each primary election,
which should recommend a ticket to
the people, without, however, making
It Impossible for the people to put up
other nominees if they see fit. Some
responsible body. he held, could
render -valuable aid to tbe people In
suggesting candidates and would make
the direct primary stronger. He gave
his own personal experience in the
recent primaries in voting for the It
State Representatives. Few of the can
didates were known to him. and be
said that he was" at a loss how to
mark his ballot. A suggestion from
a responsible assembly as to a ticket
r
r mm
care a bit, and goes right ahead at
hard work.
The present dip Into atock is proving
a mental tax for a while. Inasmuch as
It has been several seasons since he
has played In stock, with its require
ments of a new play each week, and
dally rehearsals of the play to follow
next week. "The Girl of the Golden
West," is somewhat of a strain.
Mr. Hllliard'a first schooling was re
ceived In stock, that foundation on
which all successful actors have agreed
la best to build their structure. For a
long time he was leading juvenile in
Morosco's famous Burbank company of
Los Angeles, then he Joined the Lleb
lers, playing his first season with them
In "Alias Jimmy Valentine." the same
play he Is presenting this week at tbe
Baker. The plays in which Mr. Hllliard
will appear while with the company
have all been chosen especially for him.
Next week he enacts the outlaw in
"The Girl of the Golden West," and In
the next week Is Monty Brewster In
"Brewster's Millions." After that "The
Deep Purple."
Miss Adair played an engagement of
five weeks with the Baker Stock Com
pany last aeaann. and made for herself
a great local following. On her return
she was accorded such a welcome as
only atock patrons know how to srlvsj
to those - who have become' favorites
with them.
v ) vy tmmm
NATIONAL'S
Cleanup Sale
Every garment in the sample
rooms must be sold at once to
make room for large Summer
shipments.
$40 Suits, Cloaks and Dresses
for S19.45
$30.00 Suits, Cloaks and Dresses
for ...$14.95
$18.00 to $25.00 Cloaks. Suits
and Dresses $9.95
These are' genuine bargains
and are priced to move, and
move quickly. No garments in
tbe entire slock more than
$19.45?
Second Floor, Swetland Bldg.,
Fifth and Washington Sts.
Entrance on Fifth Street, Next
to Postal Shop.
The National Sample
Cloak & Suit Co.
would be of enormous aid, he held, to
the voter In the present days of long
ballots and a field crowded with poltt
leal aspirants.
FIXAI PREPARATION'S BEIXG
MADE FOR EXHIBIT.''
Committees Appointed and Expert Is
to Arrive to Speak Before Arm
ory Contest Open.
With the appointment yesterday of
committees to supervise the various
sections of the School Garden Contest
Exhibit, to be held in the Armory June
16. arrangements are nearlng comple
tion.
Reports from members of tbe cen
tral committee showed that interest in
the undertaking is steadily Increasing,
not only among the contestants, but
among persons Interested in the gar
den movement. A committee to be
known as the all-city Inspection com
mlttee. consisting of seven members,
will Inspect all the gardens to see that
all exhibits are ready. A committee of
six members will have charge of the
exhibit. Another committee of six will
have charge of the awards.
E. H.' Lane.' first assistant In agri
cultural education of the United States
Department of Agriculture will be the
principal speaker at a meeting Satur
day night. May 11. under the auspices
of the school garden committee. An
Invitation has been sent to the prin
cipals and teachers of all schools. Mr.
Lane's talk will be on the revival of
earth" education In this country.
Professor Lane Is expected to tell
rhat the pupils of the Eastern and
Southern States have accomplished
along the lines followed this year In
Oregon. He will speak In Pendle
ton today; The Dalles. Thursday;
Hood River. Friday, and Portland Sat
urday. He will spend Sunday In Port
land and leave for a tour of the Wil
lamette, llmpqui and Rogue River Val
ley points Monday morning, making
the meeting of the State Grange In
Roneburg Tuesday.
Louis W. Hill has advised the gen
eral committee that he will present a
cup to the school having the best ex
hibit at the Armor-.
Committees were appointed as fol
lows:
All.eitv Infinai'tlnn O M Plummer.
It. M. Lepper. H. W. Storle. Eugene
Brookings. B. T. Voorhorst. C. T. Prall,
J. W. Palmer.
Local garden awards Ralph R.
Routledge. Howard E. Weed. Emery
Olmstead. George Dllworth. Phil Groas-
mayer, M. B. McFaul.
Armory exhibit Philip S. Bates,
James J. Sayer, C. C. Craig. Walter S.
Asher, J. C Mann, J. U Duffey.
Armory awards J. Fred Larson, uan
Kellaher. C. B. Merrick. C. C. Chapman,
Lewis M. Head. E. C. Gunther.
H. C. WORTMAN RETURNS
Portland Man Back After Texas
Trip Tells of Country.
Mr. and Mrs. H. C. Wortman and
daughter. Helen, have returned from
Brownsville. Texas, where they went to
attend the wedding of Mr. Wortman's
brother.
Mr. Wortman says the Rio Grande
Valley Is developing in an agricultural
way more rapidly than any other sec
tion of the South, due to the bringing
of large tracts of land under irriga
tion, which causes the crops to mature
fully four weeks earlier than they
would under natural conditions, thus
permitting the producer to market at
a time when there, is no competition
and when consumers are eager for
them. Being an irrigated section, fall
are of crops Is unknown.
"What I saw should be an object les
son to us In Oregon," said Mr. Wort
man. "Especially Eastern Oregon,
which is soon to come under railroad
transportation and irrigation, with the
superior possibilities and climatic ad
vantages which go so far to Influence
settlers.
"Business conditions are good In
California, as well as Oregon. The
general Impression everywhere ia that
upon the opening of the Panama Canal
the Coast will come Into her own and
we may look for a tremendous Influx
of people at that time. People In
Brownsville are not disturbed on ac
see nothing and hear little about the
revolution. They go and come across
IheBKO wNBottle S
i&f mmf$m& step to fL
it is one tiling to
pure Leer, anotner to
it pure.
Tne Brown Bottle Iceejps Scklitz
pure.
Pnysicians and'
Scnlitz. instea J of
builder of nealtn.
'
fj,
that Made Ml
the border with perfect confidence and
safety. In fact there Is no evidence of
the war."
Expert to Be Rose Judge Here.
VANCOUVER. Wasli.. May 7. (Spe
cial.) Dr. Spencer S. Sulllger. of this
Arrow
shirts
Will prove
as good in
every way
as the
COLLARS
that bear the
same name.
$1.50 and $2.00
CLUETT. PEABODY & CO,
MAKERS TROT
FrankH.Leonard
C S. B.
Will Speak on
CHRISTIAN SCIENCE .
First Church of Christ, Scientist,
Nineteenth and Everett Streets.
SUNDAY. MAY ISth,
S P. M. and 8 P. M.
FREE.
"FowneS
That', all you need to know
about a
SILK GLOVE
make
keep
surgeons prescribe
malt tonics, as a
city, one of the most expert judges of
roses In the Pacific Northwest, has
been asked to bn one of the judges ot
the Portland Rose Show, June 12.
FERTILE
POWELL
VALLEY
ONE, TWO, FIVE AND
TEN ACRE TRACTS
at Rockwood, Ruby, Base Line,
Gillis, Gresham, Pleasant Home,
Scenic, Cottrell. The most fer
tile 6oil in Multnomah County.
Acres as low as $150. Monthly
payments, $3.
Business Lots
Residence Lots
at new, rapidly growing townsites,
as low as $100. Monthly terms,
$2. Invistigate the great oppor
tunity. UMBDENSTOCK & LARSON CO.
288 Oak Street
The Wretchedness
of Constipation
Can qeieUjr be oveaeone by
CARTER'S LITTLE
LIVER PILLS.
Purely
taody
km. Care
Buinianwi. .
mam, and bigstfioB. Tbsf do thdr duty.
' Small PHI. Small Dose, 'Bmrni Price.
(rename amtbtat Signature
PI LI IHPMU WJHJ. IJ-1I IIMIIimi I
V Q!?7trSf
It s only natural
tltat Sclilitz snould
he tne liome Leer;
See that crown or cork ' '
is branded '"ScMtz." .
ROTHCHILD BROS.,
DISTRIBUTORS,
20-22-24-26 N. First Street,
Portland, Oregon.
Phones, Main 153, A 4666.
20
CAUFOaXIA HOT EI A
HOTEL
SAN FRAHCISCO
Geary Street, above Union Square
European Plan $1.50 a day up
American Plan $3.00 a day up
New stI and brick structure. XZwmrp
modern convenience. Moderate rate
Center of theatre and retail district. O
u lines transferrins all over city. Eloo
Vic omnibus meets trains and steam era
BELLEVUE
HOTEL
SAN FRANCISCO
Car. Gearr and Taylor Streets,
EVERY ROOM WITH BATH,
amerles'n plan from $4 a dayi 3 pes
sons from ST a day.
Curopcaa plan, from 92 a da 71 2 per.
ssns from S3 -SO a day.
SrECIAL JlOM'HLir RATES.
A refined house of unusual exesl.
lecce. centrally located. llluirc4
booklet upon request.
W. E. UNDER. Mnnazrr.
HOTEL SUTTER
Sutter and Kearny Streets
SAN FRANCISCO
An up-to-date modern fire proof
bote of 250 rooms, taking tbs
place of the old Occidental Hotel
and Lick House
European Plai
$150 par day and o?
Take Any - azlcab from the Ferry at
tne Expense of the Hotel
k Relief for Sufferers from
UNION.
1 0 Days Free TrlaL Write today
and set our lo (lays tree trial
oiler ox tne guaranteed
FISCHER
BUNION PROTECTOR
instantly kep
in shape over
250,000 sufferer
henerittfri. Gt
- f it on free trial no
WJ-i). if . relief. Send
BOc Post Paid so of shoes and if
nffne or leu i on .
THE FISCHER MFG. CO.
SB Msrsr BuMlns
Milwaukee, Wisconsin
tfiip Biff Fa
QU!C
IS .J V
2