The Sunday Oregonian., June 17, 1906, Page 9, Image 9

THE SUNDAY OREGOXIAN, PORTLAND, JUNE 17, 1906.
ARE SECURED BY
STATE DEPOSIT
Association Sunday "at home" this after
noon, and a large (fathering is anticipated
In consequence. There will also be a fine
musical programme participated In by
Miss Cornelia Barker (viollnlste), Mrs.
Reno Hutchinson and others. The usual
social hour and Informal aupper will' fol
low the programme. Hours, 4 to 6
o'clock. All women and girls are invited.
SHANGHAIED AT BAY CITY
Oregon Policy-Holders Lose
Nothing by Insolvency of
Traders Company.
WHAT STATUTE PROVIDES
Insurance Corporation Has $50,000
in United Stales Bonds With
State Treasurer Moore
at Salem.
By virtue of th Oregon statute, regulat
ing the transaction of business by insur
ance companies In this state, no Oregon
policy-holder in the Traders' Insurance
Company, of Illinois, will suffer the loss
of a single cent In premiums or otherwise
by reason of the recent Insolvency of that
corporation.
In the onlnlon of the best authorities on
the RUbject no better evidence of the good
dualities of this law could be obtained
than is furnished In the ease of Eleanor
Olmsted vs. the Traders' Insurance Com
pany, V. I. Dunbar. Secretary of State,
and C. S. Moore, State Treasurer. In
which A. H. Birrell, of this city, has been
appointed receiver for the company In
Oregon, whose bond In the sum of 160,000
was approved by Judge Alfred F. Sears.
Jr., In the State Circuit Court yesterday
afternoon.
Traders' Company Insolvent.
The Traders' Insurance Company was
declared Insolvent by the Illinois courts
In Chicago. May 6. 1906, and, according
to the opinions of the Supreme Courts of
many of the states of the Union, before
which the question has arisen, all policies
held In that company were canceled on
that date and all subsequent losses cannot
be collected from the company. No opin
ion, however, has ever been rendered by
the Supreme Court of Oregon upon that
point, and. In the event any fire losses are
claimed In this state, having accrued since
May 5. litigation will be necessary to ad
just them. This Is the first time that an
.Instance of this kind has come up since
the enactment of the law In this state,
and the outcome is being awaited with
interest by the representatives of the
several Insurance companies as well as
their policy-holders.
' s
Must Make Deposit.
Under the Insurance law of this state
all companies desiring to do business In
Oregon are required to make a deposit
of funds ample to cover all possible losses
In the event of Insolvency, plus the
amount of unearned premiums to date
of Insolvency. In the case of the Traders'
Insurance Company a deposit of $."jO.000
was required and made with the State
Treasurer. Mr. Birrell was appointed re
ceiver for the company for Oregon, and
his bonds, in the sum of JoO.000, were ap
proved yesterday afternoon by Judge
Scars. Mr. Bin-ell's duty will be to ad
minister the funds on deposit with the
State Treasurer and to receive and liqui
date all valid claims presented by policy
holders In this state against this fund.
Business of Company
According to the statement of Attorney
A. F. Flegt-;, counsel for the Defunct
Insurance Company in this state, the
total amount of business of the company
In Oregon will not aggregate to exceed
1:5.000 to $30,000 in unearned premiums
and he is of the opinion that there will
be a surplus of about $20,000 to be re
funded to the receiver of the company at
Chicago. The losses by fire to The
Traders Insurance Company, in Oregon,
for the past three years will average
about $15,000, and Mr. Flegel says that.
If the loss for the present year does not
exceed the average for the past three
years there will be enough In the fund
to pay everything in full, together with
all unearned premiums, and leave a sur
plus to be returned to the general fund
of the company.
Only Legal Question.
"The only question of law Involved In
this case," said Mr. Flegel, "Is as -to
whether a loss by fire, occurring since
May 5 would be one that could be proved
on the claim allowed against this fund.
The contention is that all policies, by
reason ot the Insolvency of the company,
were cancelled and the only claim that
the policyholder would have would be
lor the unearned premium. By virtue
of the insolvency of the company. May
6. all policies In this state were cancelled
on that date and the only advice I could
give to a policyholder In that company
would be to cancel the policy Immediately
and insure in some other company. No
policyholder will suffer any loss be
cause every cent of the unearned pre
mium will be refunded and policyholders
can reinsure in some other company
without the loss of a single rent on ac
count of the failure of The Traders In
surance Company."
One Loss Since Insolvency.
The only loss by fire In this state,
frlnce the itiHolvency of the Trader In
surance Company, by a policyholder of
that comixiny is that of the Smith &
Watson Iron Works, which suffered a
loss of about $40 by fire about a week
ago and it Is the opinion of Counsel
i'legel, for the insurance company, that
this loss will be adjusted and paid out
of the security fund, but any loss
amounting to $1,000 or more would be
contested in the courts. This action, In
stituted by Eleanor Olmsted was brought
merely as a matter of form to bring It
properly before the courts and the ap
pointment of Mr. Birrell, as receiver in
this state, according to Mr. Flegel, Is
perfectly satisfactory to the general re
ceiver for the company In Chicago.
The losses of The Traders Insurance
Company In this state are secured by a
deposit of $50,000 In five United States
bonds of $10,000 each. In custody of State
Treasurer Moore.
San Francisco Boy Arrives In Port
land and Complains to Polio.
Doped and shanghaied aboard the
steamer Norfolk from San Francisco..
Percy Henry, a 17-year-old boy. after
ten days of hard labor at sea. arrived
In Portland yesterday morning on the
steamer Alliance and has made appli
cation to Chief Grftzmacher to be sent
back to his father.
As a result of the sailors' strike an
a scarcity of men to work the Coast
vessels young- Henry was given an opi
ate in a glass of beer at one of the San
Francisco wharves and taken aboard
the Norfolk in a launch. He awakened
from his stupor after the vessel had
PORTLAND BTTDENT WINS HJ8
aLEDICAL DKtiREE.
K f ' -v.
s ?
. !
If ill .'.::" 'a
If?
Charles L. Templeton.
Charles L, Templeton. of Port
land, was a member of the 1906
class of Jefferson Medical College,
Philadelphia, receiving the degree
ot M. D. this month. He Is a grad
uate of the University of Oregon,
class of 1899. After his graduation
he entered the University of Ore
gon Medical College for a year, and
then taught three years at Hill
Military Academy. He was vale
dictorian of his class at Jefferson,
and his high scholarship won him
the appointment as a member of
the staff of Redding Hospital, near
Philadelphia.
been at sea and was compelled to work
before the myst and in the firing-room
until be arrived at Eureka, Cal. There
he was permitted to land. Unable to
get a position on board of a returning
steamer, he boarded the Alliance and
came to Portland, where he made
known his predicament to Chief Grltz
macher. The chief iias wired Chief
Dlnan, of San Francisco, to look up
the. boy's parents and make arrange
.mcnts to have Henry taken back to his
home.
Arthur E. Bcrnays Ordained Priest.
With the Impressive ceremonies of
the Episcopal Church, Rev. Arthur E.
Bernays, chaplain of the Seamen's Insti
tute, on Front street, was ordained a
priest yesterday morning by the Right
Rev. F. W. Keator. bishop of Olympia.
The service began with a sermon by Rev.
Dr. F. T. Webb, of St. Luke's Church,
Tacoma. where Rev. Mr. Bernays was
superintendent when ordained a deacon.
At the end of the services the chaplain
of the institute was the recipient of nu
merous congratulations from his friends,
many of whom attended the services.
Pittsburg Absorbs Allegheny.
PITTSBURG, June 16. The decree con
solidating Pittsburg and Allegheny was
signed today by Judge Collier, of the
County Court, and legally the change is
a fact. The actual consolidation will not
come, however, until the act creating the
greater city is declared constitutional by
the higher courts.
Dr. Wise Will Address V. W. C. A.
Rabbi Stephen S. Wise will address the
Kucsts at the Young Women's Christian
LITT MUST QUIT.
Portland's Oldest and Finest Exclu
sive Ladles' Store Must Vacate.
The news that H. B. LIU, the high
est-class, exclusive ladies' establish
ment In the city, and retailer of the
better grade of women's apparel, must
sell out, will come as a great surprise
to the coterie of discriminating dress
ers who have always patronized this
store.
A lease has been secured by an out
side concern, and there Is nothing left
to do but to dispose of the large and
beautiful stock of ladles' and misses
wearing apparel, which will go at tre
mendous reductions.
This store has always been known as
Portland's swellest establishment-
reputation gained by handling the most
exclusive Paris gowns, as well as the
finest creations of the foremost design
ers of America.
The present stock, the largest and
most beautiful ever carried. Including
ladles' and misses' apparel, fancy even
ing gowns, dainty silk and linen shirt
waist suits, beautiful demi-street suits,
exquisite lingerie waists, petticoats.
etc., will he placed on sale Tuesday
morning at actual wholesale cost and
less.
The store will be closed tomorow
(Monday), to rearrange the stock.
This forced vacation will afford an
unusual opportunity to most dlscrim
inating dressers to secure the season's
smartest offerings at actual wholesale
cost and less.
Bear in mind that the sale opens
Tuesday morning at 9 o'clock.
Fir for Building Cars.
SEATTLE, Wash., June IS. (Special).
The American Car & Foundry Company
has purchased 50,000.000 feet of Washing
ton and Oregon fir lumber for uoe in
the 17 factories operated by the cor
poration. Ten million feet of lumber
remains to be delivered, about 25 per
cent of which will be shipped from
Oregon mills.
Dennis Lyon, Pacific Coast purchas
ing agent for the car-building com
psny, has started East after placing
IS
In the fumed oak
shown the majority of
designs which com
prises our gathering of
"quaint" furniture.
These are the truest re
productions of the orig
inal craftsman furniture
designs that still re
tain the characteristic
simplicity and odd, art
istic beauty which were
so strong in the original.
The quaint designs of
today cover everything
for the complete fur
nishing of the home
pieces, for the library, the living-room, the dining
room, the bedroom, the hall and the den. The cover
ings used on such pieces as davenports, rockers, and
chairs, settees, stool and tabourettes, are generally
of Spanish Morocco Leather, in shades that combine
perfectly with the tone of the wood. The trimmings
used on such pieces as bookcases, desks, buffets,
china closets, and tables, are of dull brass and hand
beaten copper. To those who contemplate building
or remodeling a home, it would be well to carry out
the decorative scheme of rooms to comply with the
"quaint" furniture designs. We will furnish, free on
request, Stickley Bros.' "Quaint Furniture," a book
let of colored plates, showing correct color scheme of
walls, decorative effects, hangings, floor coverings,
and selection and arrangement of the furniture.
THE FOREMOST
COMPLETE
HOUSEFURNISHING
CONCERN
ON THE COAST
I C 1 na) I t r I I L"X.
The simplicity, and good workmanship which were
so characteristic of the original old handicrafts are
still retained in the various designs which today are
classed and known as "Quaint Furniture." When,
in the furnishing of the home, the consideration is
for .simplicity , comfort and harmony, the quaint
; ' ' - designs are most prac
tically adapted. The
strong and simple char
acter of these designs
is further enhanced by
the method of finishing
the most popular and
appropriate which as
yet has been applied
being the "fumed."
This finish is of a rich
nut brown tone, a color
that, while preserving
the natural grain and
beauty of the wood, is
harmonious -and pleas
ing in any surroundings.
il Pit jr.-!trr,l I- 1 ' rl J .
V
Ok
I TOUR CREDIT
1 IS GOOD j
C0MPLETEH0U5E-FURHI5HER5I
MAKE YOUR I
3WH TERMS j
. ALL MAIL
ORDERS
RECEIVE SPECIAL
AND PROMPT
ATTENTION
the orders for the meat's shipments of
fir lumber. Before he left, he predicted
that fir will soon become the car
building material for the United States.
DAILY CITYSTATISTICS.
Marriage Licenses.
BUD WORTH -KING Beryl D. Budworth,
35. to Kate J. King. 36.
FOSTER-GIBB8 Guy Foster. 1. to AUcs
Gertrude Gibhs. 21.
MARTIN-JONES Charles C. Martin. 3Z.
to Stll Irens Jones, 20.
LISTER-CARTER Joseph Lister. Glidden.
la.. 4V to Ida M. CarUr, 3S.
SMITH-CONNEIX Sol K. Smith. 21, to
Anna L. Connell. 25.
KOCH-WALTON Otto Adolph Koch. 2.
to Florence Estella Walton, 2X
MILLER-GRAY Waldo Miller. Marion
County, 23. to Bessie F. Gray, 21.
Births.
DAVIES At 468 Spokane avenue. June
It, to the wife of O. W. Davles. a daughter.
VANNER At 9RT Maryland avenue, June
9. to the wife of George Vanner, a son.
WALDELE At 4B Spokans avenus. June
11, to th wife of F. A. Waldels, a son.
Deaths.
COLLINS At 361 Alder street, June 14,
Edith Collins, an Infant.
DAVIDSON At Salem, June 14." Sam
Davidson, a native of Russia, sged .15
years and 6 months. Remains brought here
for Intermant.
FAGG At 543 Spokane avenue. June 15.
John M. Fagg. a native of Indiana, agd 5T
years, 6 months and 27 days.
Building Permits.
MRS. SANDERSON" l'j-story ' frame
dwelling. East Eighth and Manzanita
streets. $1300.
. J. MENECKE 1 14 -story frame dwelling.
Sacramento street and Union avenue, $1100.
VARWIG & SON Repair of store, Front'
street, between Main and Salmon. .M.
MR. HUMMEL One-story frame barn,
800 Fitth street. 250.
Real Estate Transfers.
William T. Bush to Graham Glass,
t.82 acre?, beginning I1.U7 chains
N. of 8. K. corner of T. of
William Painter, section 7, T. 1 S., .
R. 1 E ( 2,500
A. T. Gunderson to E. H. Oulsness,
12 acres, beginning at S. E. cor
ner of SWA of NEW section 15.
T. 1 S., R. 2 E 2.100
Amos M. Roberts and wife to Annie
L. Malarkey. et al., Roberts' Tram 47,400
Otto Wackrow. et al.. to Rosetta
- Kuhn. lot 2, block 2. Evans- Add... 2,800
Louis P. Beno. et al.. to Anna S.
Bernard, lot 8. block 318. Balch's
Addition 1,50
W. F. Kludwer to Harry E. Abrev.
E'i of lots 15 and 16, block IS.
. East Portland Heights 2,100
John S. McKlnhey and wife to Port
land & Seattle Railway Co.. lota
34. 35 and 'M. block 10, North
ern Hill Addition 1,400
Jennie C Natterestadt to Portland
Seattle Railway Co.. lots 5. 6 and
7. block 3. Northern Hill Addition.. 3,000
N. W. Scott and wife to Portland &
Seattle Railway Co.. lots 7 and 8.
block 7, same addition 2.750
Tilllo Eklln and husband to Nettie
N. Dawson and husband lot 3,
hlock 27. Central Alblna 2 TOO
Henry Mason to Charles E. Bockman.
block "A," Grover's Addition
Total, including transfers of less
than SIOOO, amounts to $73,308
May
Decide Melilrum Appeal Soon.
It is highly probable that Judge
"Wolvcrton will announce his decision
in the Meldrum case next Wednesday
morning:. The attorneys for both the
Government and defense will have sub
mitted all their points and authorities
by that time, and it is not likely that
there will be much delay over the
questl.m of granting the convicted ex
Surveyor General a new trial.
Tamerlane Wins Race Home.
NEW YORK. June 16. The racing yawl
Tamerlane, which won the Upton cup In
a race from New York to Bermuda, ar
rived home today, having made the re
turn trip in five days and 14 hours. This
Is several hours quicker than her out
ward passage. The Gauntlet, the other
racer, sailed from Bermuda four hours
after the Tamerlane and has not yet ar-rived.
REAL ESTATE
MORTGAGE LOANS
FIRE INSURANCE
AGENCY
GERMAN I A FIRE INSURANCE CO. OF NEW YORK
AMERICAN INSURANCE CO. OF NEWARK, N. J.
NORTHERN ASSURANCE COMPANY OF LONDON
HAMBURG BREMEN FIRE INS. CO. OF HAMBURG
A. H. BIRRELL
Member Portland Realty Board
201-203 McKay Bldgr., Cor. 3d and Stark
THE PERFECTION IN filffllS SM
DUG- Mm ROOM TABLES
isEmbodied WimMmm burNewLineof
Made From Big- Flaked . , l JM J U &!4 W I
Quartered Oak, RVW
Hand-Rubbed ' Mm Ml W WftfL -
and Polished. 'ffi M JHwMw
PRICES FROM Mkm '
0"" - mm
1ST
EASY TERMS
COVELL FU
RW
HASTINGS
PEDESTAL TABLES
Fitted With the
Famous
Tydon Lock
Richly Hand Carved
Every One of Them a
Beauty.
ITURE CO.
YOU GET MARRIED, WE FEATHER THE NEST
184-186 FIRST ST.
YOU GET MARRIED, WE FEATHER THE NEST