'.:- ' -. v-v: . ; - -;.,".-. '.S;- v -V-' - -.v.vl ' v "V- ',. THE BfORNING OREGONIATf, MONDAY, DECEMBER 2 V 1920 i -ir . - r ' r. -i. .. . ; .1 o v; 1 . - . "J .it V "J :.v7r . ' ".'." -.-J - V - m DARK PARKERS i"T0 BE JIT DOCK TDDA Lightless Autos Are Tagged by Wholesale. j VIOLATION GENERAL ONE Tolice Decide to Make Examples ol Some Negligent Dozens and Do so With a Vengeance. IT the downtown patrolmen of the first night relief did their work well last nigh, there will be about S00 automobile drivers In court this morning to explain io the hardwork ing Judge why they turned" off their lights when they parked their cars and left them. This is the reason: Last night Cap tain Inskeep, chaperoned by a re porter, made the rounds of one down town beat. The captain called the reporter's attention to long lines of machines, with only an occasional light showing. v "Doggone that man," said the cap tain. "I'll have to find out who is pa trolling this beat tonight and give him hail Columbia." The expedition counted 250 ma chines, when the sport palled and by rough estimate the captain agreed that probably there were 800 ma chines parked In direct violation of the law. Traffic Ordinance Forbids. "Every motor vehicle," says the traffic ordinance, "during the period rrom one hour after sunset to one hour before sunrise, while stopped or parked on any street, shall display at least two white lights to the front and one red light to the rear, or dis play on the side nearest the center of the street upon which It is parked or stopped a red or white light, which must be plainly visible from the front and rear of such vehicle for a dis tance of not less than 100 feet in either direction." According to traffic officers, there has been no modification of the fore going to permit "dark" parking on well lighted streets, although at one time such parking was permitted. Several person were interviewed jn eacn case they said they were nnder the impression that it was law ful to park near street lights or on well-lighted streets, without leaving ineir llgnts burning. Numerous accidents have resulted within the past month as a result of dark parking. These accidents, how ever, are' as much the fault of drivers as of those wbo leave their cars dark, cay the police, else the lights of the moving automobile would reveal the stationary machine. Many Arrents for Dark Parking. On December 24 there were 20 ar rests for dark parking. On the police record the entire 20 were shown to have put up fl bail. The bail is tan tamount to a fine, as few drivers ever appear in court to talk the judge out of keeping the dollar for the city. After the tramp through the down town streets, during which the re porter took numbers on his own in itiative, violators were found right at tome, so to speak. In front of the main door of police headquarters an suto, used for an emergency car by plainclothes officers, stood - without lights. From sixth street to the doors of headquarters on Oak street, there vwere 8 dark cars. Five of them were clustered in the shadow of the station. "He did too," Many Cry. Drivers, when hailed to court for a minor infraction of the traffic laws, are prone to point out to the officers the fact that dozens of machines were violating the same provision at the same time and place and In the same m.'.r.ner. Here are a few numbers which were taken between 10:30 last night and 10:45. The owners, if they did not find the police card in their machines upon return, will know that by some elip of luck .'. patrolman did not find thtm. If the numbers were not pub lished they would never know of their fcood luck. Every car was carefully examined to see if lights were out at toth front and rear. Fourth street, 91398. 23727, 96835, 97695, 33176, 42338, 2866, 88543, 3585; Alder street, 1198, 52467, 19628, 41185, 3f467; Fourth street, 83006, 56910, 33581, 64937, 67598, 3768, E5738, 42618, 13600, 24399, 59201, 103701; Washing ton street, 96079, 33662. 11802, 19856, 29101, 87191; Fifth street, 36744, 45745, S2165, 77034; Stark street, 3S376, 99595, 11.649, 71159, 102089, 82198; Broadway, B9S84, 96499, 81032, 9979. 53090, 101051, 35425, 41005, 97423, 41451, 88544, 65670; Oak street to police headquarters, 3796S, 63622, 6534, 39840, temporary license 216 '(police car), 49782, 66528. 68633, 42553. These numbers were taken without fear or favor as they came. Sometimes they were taken from both sides of the street, sometimes just from one eide. But the average citizen will wonder what the judge will do in the case of temporary license 216. to make good than I gave Mr. Ether idge, and never was there an oppor tunity finer than he had to build up a bond business but he threw 1 away; just threw money away every where, to any cause that was pre sented to him. He had no judgment whatever and so he brought rain to the business and, I am afraid, miser; to many others." When Mr. Ethertdge turned over the afafirs of the corporation under pressure to Mr. Morris, he ws,,lt was declared by those who saw him, prac tically a physical wreck. With M,rs. Etheridge he left Portland in an au tomobile that night, and was driven to Tacoma by Roy Flke, a friend and employe, who returned yesterday morning". When asked regarding the whereabouts of Mr. Etheridge, ie de clined to make any statement, except that he left the Etheridges in Tacoma after Mr. Etheridge had obtained $75,000 of certain bonds which he had promised Mr. Morris , to express to him here. Mr. Morris has. received these, he said last night. Interim Certificates TTaeO. The city of Edmonton. Canada, bonds, which were sold by Morris Broa, Inc., extensively throughout the coast states, under what is technical ly known in financial circles as the interim certificate system,, were the feature of Mr. Etheridge's operations that precipitated the revelation as to the methods he pursued in handling them, and eventually brought about his downfall, and with it the wreck ing of the bond firm. Interim certificates are absolutely legitimate when used in good faith. They are merely receipts for money paid in by clients, and such funds are, by all sound financial Institutions, placed in trust until the actual deliv ery of the bonds. In this instance, it was alleged, the moneys received for these securities were not so deposited at least, not to exceeds so far as is now known. 100,000. Whether the balance paid In had been misappro priated remained unknown, but it had not been accounted; then, and Mr, Morris expressed the '.fear that the missing amounts would run into more than $1,000,000, although, he declared, he was not at that time in a position to say. Cash Not on Hand for Bonds. It was when the city treasurer of Edmonton reached Portland with the final issues of . the gold notes, which had come from the presses mean while, that the beginning of the end was precipitated. That act made it necessary that the bonds be paid for in cash or its equivalent and at once, for there was no other way out and it was then that Mr. Etheridge, who, up to that time, had stood his ground even defiantly when approached on the subject by outsiders who were interested, gave up the game and, under force . of pressure from Mr. Morris and the Portland Clearing association, turned over affairs and left the city. Mr. Morris, still having sufficient faith in Mr. Etheridge to trust him, allowed him to go his way in ai automobile, merely accepting his that period of his career, he surprised everyone by telling about having been arrested at one time on a charge of bigamy. He denied, however, that that charge was true, and so far as has been learned, he was telling the truth. After Mr. Etheridge's recital the vote was taken for delegates and Mr. Etheridge was not among the victors. Following that meeting, with the rumors pressing harder and harder and the known facts having been in creased from time to time in the tell ing, the Portland Clearing-House as sociation began an Investigation of the affairs of Morris Brothers, Inc., but met with little encouragement- the hands of Mr. Etheridge. He ob jected that several member banks had bond departments and would there fore obtain information of value to them as rival institutions. He con sented to an Investigation by a single bank, but before it was undertaken Mr. Morris took charge and Mr. Eth eridge left the city. word forN his destination. At the time, Mr. Morris gaVe out a statement announcing the Etheridge resigna ion, saying he had quit because of ill health, and that be had taken over the affairs and that he knew where he could locate Mr. etheridge for a few days." He said last night, however, that he did not know where Etheridge was. but that he believed he would be picked up by the authorities in a short time. Shrine Candidacy Factor. "I will have, him brought back," said Mr. Morris, "for I want him to elp out in straightening this tangle and to pay any penalties he may have coming to him." Next to the Edmonton bond feature n bringing about the undoing of Mr. Etheridge was his candidacy for the position of one of four delegates to he imperial council of the Mystic Shrine. Rumors which for a long time had been circulating, and a deal with the state treasurer's office, whereby it was said that Morris Brothers, Inc., received: preference over all competitors of tjhe house in regard to state bond sales, combined to bring matters to a head. Facts as to Mr. Etheridge's prison record had been gathered by trained investigators and the evidence was laid before him prior to a meeting of Al Kader temple of ' Portland, held Saturday, December 18, but he re fused to budge and went before the temple as a candidate and. there took the floor and related, in his own way, the story of his life. It had become quite generally known throughout especially the bus iness districts of the. city that Mr. Etheridge had served terms in a peni tentiary, but in addition to detailing - Career Here Remarkable. Mr.' Etheridge'9 career In Portland constitutes one of the most remark able chapters in the city's history, Coming here in February of 1917 as an auditor, he was soon promoted to be vice-president, then acquired Mor. ris Bros.' interests and became presl' dent of the corporation. Prior to his advent, the business had run along about as is customary with such an institution, but with his ex ceptional aggressiveness, he soon geared up the affairs of the house so that it had a big sales and buy ing staff and branches were opened in San Francisco, Seattle and Ta coma, with managers in charge, with their own staffs. The Etheridge stylo of conducting a bond house was not of the . con servative kind and, from time to time, there, was much comment on it, but until dealings with the state treas urer's office became the subject of a grand jury investigation at Salem no formal notice was given to his actions. In that instance, no in dictment was returned by the grand jury, but recommendations were made relative to a tightening up of the purchase of securities with public funds. All along, Mr. Etheridge had de clared that he was being persecuted and) this very fact caused many peo pie to rally to' his standard and to stand by him through thick and thin. He "often commented on the case and said! it was but the penalty of leader ship that had caused jealousy among his competitors and that tney, in turn, had attempted to ruin him and the business of Morris Bros., Inc. If Mr. Etheridge had laid claim to being Portland's best dressed man, no one could have denied him the title, for he was always attired in fashion's latest, scarcely ever wore a suit or overcoat more than one day without a change and) he was equally "swell" in his other expenditures. He lived in a fine home on the east side and had a palatial country place on the Clackamas river, in Clackamas county, and drove a fine automobile, which he frequently loaned to char itable organizations or sent on er rands of mercy, such as taking sick persons for rides and conveying peo ple to ohurch and to places of enter- inment. etc., and to every cause presented he was generous with funds, not only in this city but throughout the state as welL War Drives Also Headed. When there was a war drive to put on, .Mr. Etheridge always offered his services, and he was at the head of many of the financial campaigns, including the liberty and victory loans, and was credited with having aided greatly in their success. He had a remarkable organizing genius and a peculiar power to get others to work hard in any enterprise whlcn he undertook. His efforts In behalf of various organizations won for him life mem berships In several of them, includ ing the Kwanis club, which was grateful to him, as was stated upon the occasion of its presentation, for financing their big national conven tion last June. For various services rendered, he received similar hfinors from others. . Known to his intimates as "Jack," he gathered about him a set of well- known men of the city, wis wite. whom he met while in prison while she was a nurse engaged in uplift work at the time, attracted to herself a large circle of select friends among Portland women. She, too. took a deep interest in war-time affairs and lent her services gladly whenever they were needed. ' In his early life Mr. Etheridge was reared for the ministry of the Epis copal denomination, and when he came here he exhibited unusual inter est in Grace Memorial church, of which he became a very generous supporter. When it wae desired by Rev. Oswald Taylor, rector, that 'James Moore Hickson, the world-famous divine healer, be brought to Portland to heal the sick and crip pled, Mr. Etheridge supplied suffi cient funds to guarante the expenses, and It was then that he put his auto mobile at the disposal of the local committee to carry the afflicted to the church. . Etheridge came to the United States in 1903 from England and located in New Jersey. In England he had studied for the ministry and, it was related, left there under a cloud. Upon his arrival in this country he filled pulpits in small churches at various times. Records of the New Jersey state penitentiary at Trenton showed that he served 'a term of 18 months there for forgery, having been sent there on October 21, 1905, from Asbury Park, N. J., for obtaining money un der false pretenses. It was said he confessed having forged a check for 50. . Bigamy Later Is Charged. Upon his release from prison Ether idge,went to Bridgeport, Conn., where he was arrested several months later on charges of bigamy and obtaining money under false pretences. He was taken back to Asbury Park to face these charges, where the' bigamy charge was dismissed. He was con victed of the other charge, however, and sentenced to two years in the penitentiary. ' He was imprisoned on this second charge from December, 1907, to November, 1909. Upon his release from the second prison term, Etheridge went to Chi cago, where he operated a public ac counting agency in partnership with another accountant. He had been there less than a year when his prison record became known and he was forced out of business. It was then . that he went to Philadelphia and entered the employ of Morris Bros. Fred Morris-knew of the two prison records, and) knew. too, of the bitter but losing fight Etheridge had mad after his re lease to regain the respect and con fidence of his acquaintances and the RUblic generally. Entire Story Is 'Learned. Mr. Morris heard the entire etory and gave Etheridge a chance. In the Philadelphia bond house and else where in the employ of Morris Bros., Etheridge commanded the confidence of his employers to such an extent that he was brought out to Portland less than four years ago and placed in charge of the Portland) bond) house. Those acquainted with the early New Jersey record of Etheridge said it was generally understood that his second' conviction and sentence to the penitentiary were founded npon evi dence which was never clearly proven to be authentic The bigamy cha,rge, according to local confidents, was dismissed immediately aft.r ne had been arrested) for the second" time. as there was no evidence or a dual marriage. Snn Francisco House -J Open. SAN FRANCISCO, Dec. 26. The San Francisco office of Morris Bros., Portland bond house, will open to morrow as usual, despite statements that the headquarters! office in Port land will not open, it was said to night at the home of H. R. Eaton, local manager. ' BLAST ROCKS M0NTESAN0 (Continued From First Page.) MORRIS BROTHERS CLOSED (Continued From FlrM Page.) hounded because he had the misfor tune in his younger days to serve terms in the penitentiary. But, when I went to the office last Thursday night and took over affairs and the audit began, I soon discovered things that revealed his duplicity and now it is apparent that the whole business Is ruined; it can never overcome this blow and it is now nly a question of what can be done'o straighten out the tangle. "I do not believe as yet that Mr. Etheridge actually took the- money, -whatever sums It may run intoj and made away with it, but I know that he recklessly spent much of It and that he had no business judgment at all. The books of the firm prove to be so mixed up that it has been im possible thus far to tell how much deficit there will be and until we have time to work further and can locate whatever sums of cash and other securities he may h1lve, no one can tell what the true situation is." Future Action in Doubt. What action may be taken toward Safeguarding, so far as is possible, the interests of the large numbers of clients of the corporation throughout the Pacific coast states, where sales were effected on various issues of bonds, particularly 12,135,000 of city of Edmonton 6 per cent gold notes, Mr. Morris said last night he had been unable to ascertain during the day. "Whether a receiver can be ap pointed in a case like this, I do not know," said Mr. Morris, "but I want to take whatever action is possible to protect, just as far as I can, all of the Interests concerned. This is a terrible blow to me. and I know it will be to many others, and I cer tainly shall do everything I possibly can to keep the losses to the mini XDum. "No man ever ted a greater chance You know the men . who direct this bank A.H. Averill P. S. Brumby Chas. H. Carey Louis G. Glark E. S. Collins James Danaher, Jr. F. I. Fuller John A. Keating Leslie M. Scott C. F. Swigert Chas. F. Wright have been, heard at the October ses sion of supreme court, had it not been hat an-extension in which to prepare and file Its statement of facts was granted the defense. The supreme court will consider the motion for ap peal at its January session, the Cen tralia case being tentatively set for January 12 or 14. Pending the hearing of their mo tion to appeal, the I. W. W., convicted of second degree murder, may not be removed to the state penitentiary at Walla Walla. Seaside Has City Tree. SEASIDE, Or., Dec 26. (Special.) Seaside had its first successful com munity Christmas tree at the public Now Before You Spend K deposit your Christmas and v New Year's Gift Money in TheLadd&Tilton Christmas Savings Club Let it be the nucleus of the savings account which you have so often planned. Nothing would please the giver more. Have 1921 find you started at last on thrift's highway. Chapters Small Enough for Baby Large Enough for Big' ' . Business Men lc opens an account in the $ 12.50 Chapter 2c opens an account in the $ 25.50 Chapter 5c opens an account in the $ 65.75 Chapter 10c opens an account in the $127.50 Chapter Make 1921 a. year to be remembered' by starting an account, no matter how email, for each member of the family. Originals of the explanatory letter and pass book reproduced here were sent to 26,000 prospective members, hundreds of whom have taken advan tage of this opportunity to start a SYSTEM OF BANKING REGULARLY. If you did not get your copies call for them here at the bank, and let us explain. Savings Department Open Saturday Evenings, 6 to 8 LADD & TILTON BANK ' Oldest in the Northwest WASHINGTON AT THIRD lEMst ir- FEDERAL RESCRVI library Saturday night. The tree, a j furnishings except an electric wash triant evergreen, was beautuuuy lighted and decorated, and each child attending was remembered. The tree was under the auspices of the Break water association and Woman's club. ... Molalla Residence Is Burned. MOIiALLA, Or, Dec. 26. (Special. Fire of unknown origin early today destroyed the residence of Otis Engle here with an estimated loss of $3000. Thefe was no insurance. The house was owned by G. Marts. Mr. and Mrs. Engle lost all their household ing machine. Road Meeting Will Be Held. MOLALLA. Or, Dec. 26. (Special.) A road meeting will be held here in the Lyric theater tomorrow night. when citizens and members of the county court will diHcuss and deter mine the kind of pavement to be laid on the road running from this city to connect with the Pacific highway. The new unit to be paved will pass through one of the oldest farming dictions of the stte. I.Hylng of the pavement ha been made pomlble by the action of the state nupreme court In validating the Clackamm county bond issue. & A II. greeb Xlolman Fuel Co. Adv. tamps ror el. llln 151. IKI-JL Resources -over $3,500 ,0 0 0 LUMEZKMEHS TLTUGT ' COMPANY Broadway and Oak The Most I for Your Money - Mathis Suits & Overcoats 40 Off Blue Serges and Full Dress Clothes y3 Off MEM'S WEAR Corbett Bldg., Fifth and Morrison - V hi My 20t-2-S MORGAN BLD4 : PORTLAND . ; OKCCON -BU. - mm w W W is our highest price during this sale FL0RSHEIM SHOES to20,NOW Formerly 16 WORTHMORE SHOES Formerly $12 to 15, NOW Every pair of shoes in this sale is part of our regular stock FLORSHEIM SHOE STORE 350 WASHINGTOX STREET Near Park i mi'. i r ! .. i r r . ; -V wwai i