4 THE STJXDAT OREG0XIA3T, PORTLAND, JTT&E 16. 1907. FRANGHISES'ARE " HEAVILY TAXED Seattle Assessor's Basis on Which He Computes Capitalization. COUNTS CAPITAL STOCK Adding This to figures on Tangible Property, He Gets Value or Franchises- Xo Discount Al lowed for 'Watered Stock. ' SEATTLE, 'Wash., June 15. (Spe cial.) County Assessor T. A. Parish ha computed the value of franchises held by public serice corporations to be the difference between the valua tion of tangible property and the cap italization .'of the company. He has written these figures into the tax rolls of Kin County, and will go before the Board of Equalization next August to defend them. The County Assessor has had experts at work appraising the value of both real and personal property held by the public service corporations.' Real es tate was assessed a year ago. and 4n der the laws of this state realty is only valued for purposes of taxation every two years. But the County As sessor has listed as improvements enough to put the realty on a fair basis for Immediate computation. From all the Information the As sepsor has been able to gather the public service corporations of Seattle have earned dividends on their cap italization. The difference ' between the total of capital stock and bond is sues and the tangible property the As sessor figures must be the value of their franchise to do business. So he has assessed-it a such. These stories of watered stocks have not appealed to the Assessor because he figured that If the water paid dividends it must be worth something. Figures Gnthcred by Experts. The figures on the new valuations of department stores, manufacturing plants and personal property generally that can bo touched by this year's ap praisal have not been' completed, but Judged by the showing on public ser vice corporations they will be start ling. Kvery assessment the Assessor has made this year has been prepared by experts, and if a contest is made either before the Board of Equaliza tion or before the courts the Assessor proposes to justify his work by the sworn testimony of his experts. There have been some instances in the new assessment's preparation that have a ludicrous side. The Seattle Ad vertising Company has the ripht to display signs In all the streetcars, and It Is shown that they even make the advertisers pay the cost of preparing the signs. There is no outlay any where, but the business Is one of the most profitable in the city. The com pany turned in a valuation of $50 on its furniture and let the return rest. The County Assessor took the com pany at Its word Insofar as the furn iture Is roncerned. but he added $75, Oift as the value of the business. The market value of the capital stock and. the bonds of the Seattle Lighting Company Is J3.534.135. which, on an as sessed valuation of 60 per cent, amounts to 93,120.475. The personal property re turn made by the company this year was S46,530. The franchise assessment has been placed at Jl,519,23.", making a total personal assessment this year of 11.975,765. The company is assessed on Veal estate S144.710. The Seattle Lighting t'ompany was assessed on personal prop )rty last year nS9,A60. the real estate as lessment for this year being unchanged ."rom that of last. Value of Hallway Franchise. The valuation on the Seattle Klectrlc T w PROOF? THEN THESE LETTERS OUGHT TO CONVINCE YOU if JiSi lljijl mmhi' mi "mbTi i ii hi t I mm J J OUR 54 YEARS' RECORD GODDESS OF LIBERTY FOR VANCOUVER FOURTH OF JULY CELEBRATION A, .,- ,r - vX - : & L- 4 ' r . .'t f- I - -. t A ; , i v . ; ,1 - " K ":. -v vv ."-"X t t t - t' I -""I ir --' -;rS' 1 i!v4 ..-.." V s - ' J t t f - . 1 - t j. , 4k"w;'S- fch l p . ' I ' I . M V f I f.EJ.' i fl--v. il?r - ! MT8S LILLIAN ELnELL. t VANCOUVER, Wash., June 14. (Special.) Lillian Elwell, the daughter of Mr. and Mrs. John H. Elwell, has been selected by the committee and cittsens of Vancouver to act a Goddess of Liberty at the Fourth of July celebration. Mts Elwell is one of the leading young society women of this city and Is very popular among; her many friends. Her charming appearance makes her especially well suited for the honored position for whlca she has been selected and her selection meets the utmost approval of the citizens and officials in charge of the celebration. Company property as an entirety was placed at J14.loO.000, which, on the as sessed valuation of 60 per cent, amounts to JS, 400,000. The personal property re turn made by the company this year amounted to J2.145.995. The real estate and improvements return amounts to Jl, 101,330, making a total of the tangible property of the company $3,307,326. De ducting the tangible property from the assessed value of the property as fixed this year by the County Assessor, leaves a balance of Jo, 182.675. The total per sonal property assessment this year is J7.328.670, and the total real estate as sessment $1,161,330. In 1908 the Seattle Electric Company made a personal prop erty return of J2, 025, 407. which was raised by the Board of Equalization $400,000. In this personal property return made by the company was included a franchise assessment of $57,578, so that the differ ence in the franchise assessment this year and that of last is the remainder when the sum of $57,578 is subtracted from $5,182,676. The gain In the personal property return made ty the company this year over last year was due largely to the addition of about 12 miles of track. Telephone Values Doubled. The Sunset Telephone Company made a personal property return this year of $415,231. This amount was raised by the County Assessor to $522,784 on the per sonal tangible property. The franchise was assessed at $235,728, making a total personal property assessment against the company this year of $768,461. The real estate assessment against the company MR. CHAS. STAILEY, Warrensburg, Mo., says: "I suffered for years with Indigestion and Stomach trouble and tried many remedies without benefit. Your Bitters, however, cured me in a short time. I cheerfully recommend it." MRS. L, GOLDBACH, Chicago, 111., says: "I suffered terribly from Cramps, Headache, and other Stomach troubles, and doctored a long time without relief. I commenced taking your Bitters and I am entirely cured. I can not praise it enough." From the above you will see that the Bitters cured these folks after all other remedies had failed and it will surely do as much for you, too. Therefore, don't delay any longer, for that only makes your case so much the harder to cure and besides, your health is too impor tant to trifle with. Get a bottle of HOSTETTER'S STOMACH BITTERS today and let it restore your appetite, tone the digestive organs and thus cure Bloating, Head ache, Vomiting, Biliousness, Costiveness, Dyspepsia, Indigestion, Female Ills, Sleep lessness or Malaria, Fever and Ague. WE GUARANTEE THE GENUINE TO BE ABSOLUTELY PURE OF CURES IS A SURE GUARANTEE OF ITS MERIT ? was $47,770, making a total assessment against the company of $806,232. The personal property return made by the Sunset Company last year on which tbey were assessed was $345,800. The Sunset Company was assessed $50,000 on its franchise in 1906. The market value of the property -of the Independent Telephone Company was fixed by the Assessor at $371,795, which, at an assessed valuation of 60 per cent, amounts to $583,077. The personal prop erty return of the corporation was S4!6. 183. and the real estate was -assessed at $39,030, making a total of $465,213. leaving an .assessed valuation on - the franchise of $117,864. The total personal property assessment of this company was $544,047. Last year the Independent Telephone Company was assessed on the valuation on the personal property of $307,840, of which $10,000 was franchise assessment Realty Values Fixed In 1906. Real estate-owners will get off light this year' because their valuations were fixed in 1906. But it is probable the As sessor's work next year will put the realty values upon a permanent footing. Everything else, including much that has never been assessed, will be hunted up and put on the assessment rolls this year at as nearly a fair valuation as the Assessor can make. Under agreement the basis of the As sessor's work throughout the state is 60 per cent of the market-value. That line has been followed closely by the As sessor. The state tax commission, which is the state board of equalization, has given a pledge that the work in King County will be accepted as sr' basis for fixing the appraisement throughout the state and tf this pledge Is kept, there will be a marked readjustment of values for intangible property and property that has consistently avoided taxation. WASHINGTON BAPTISTS GATHER Association Holds Thirty-seventh An. nual Session at Centralia. CENTRALIS. vTash., June la. The 87th annual convention of the Puget Sound Baptist Association was In ses sion in this city from Tuesday until Thursday. The Methodist Church, was placed at the disposal of the association. as ttie Baptist Church is undergoing re- I pairs. The association Induces all the Baptist churches of Western Washing ton, from Tacoma to' the Southern boundary of the state. The reports from the various churches were read-- and showed an increase in membership, benevolence and develop ment of new fields. At the Tuesday aft ernoon session. Rev. R. E. Riglow. of Selma, Cal.. missionary to the Philippine Islands, gave an address concerning the geographical, ethnological and religious aspects of the new possessions. The chief feature of the Tuesday even ing session was the address of Rev. G. TV". Watson, of Aberdeen, on VManners and Customs in Palestine." Mr. Wat-' son. who has traveled extensively in Oriental lands, showed by graphic word pictures that manners and customs in Bible lands have not changed much in the pst 3000 or 4000 years. From per sonal experience. Mr. Watson was able to throw much light on many puzzling statements found in the Bible. "Oriental lands." the speaker said, "are now on the verge of many changes, through the advent of modern civilization. The youthfulness of evangelistic work in Western Washington Is indicated by the fact that the man who preached the first Baptist sermon in 1 this section is still living. . - Rev. James Edmunds, of Portland, Sunday School missionary for the North west, 'gave an address on Wednesday afternoon. 'Our 10.000 Increase In aver age attendance in Baptist Sunday schools on this coast," the speaker said, "re sults from a special competition effort in the last quarter of .last year. ISO schools having entered the contest. On "Decision Day our 7000 Sunday school pupils open ly confessed Christ." Rev. C. A. Wooddy, T. D-. Pacific Coast secretary forthe home missionary society. conducted a study hour in which many interesting facts were brought out, concerning the methods of word and Pentecostal results for the year among 0ur foreign population. Mrs. Lilian Black, wife of the pastor of the Centralis? Church, gave a description of student life at the Chicago Training Schaol: described what some of the graduates are aoine. ana emphasized trie inoperative want of $65,000 to complete tha new home for the school. Rev. J. J. Ticknoe, of South Bend. was elected moderator for the year, re lievlng Rev. C. D. Spencer, of this city, temporary chairman. NEW LAW IS A DEAD LETTER Grocerymen Continne to Make Sales of Poison for Sprays. SALEM, Or.. June 15. (Special.) That the law giving druggists the ex clusive right to sell poisons will not be enforced is evident from the fact that some of the druggists have found it necessary to purchase their supplies of poison from grocerymen. They are hardly in a position, therefore, to prose cute the grocerymen for selling poison. Some time ago a druggist secured an opinion from the Attorney-General, in which it was held that the pharmacy law of 1907 prohibits the sale of poisons by any persons except registered phar macists, and thts was held to apply to such poisons ' as are used In- fruit sprays and for other agricultural pur poses. Agricultural papers pretty gen erally condemned the law, for the rea son that the druggists charge a higher price for poisons than grocerymen and dealers in agricultural supplies are ac customed to do. It was asserted, how even that the law would be enforced and that prosecutions would follow if others than druggists continued to sell such commodities as arsenate of soda, acetate of lead and Paris green. The grocerymen accepted the challenge and announced their intention to stay in the business. Since that time several drug gist have been procuring their poison supplies from grocerymen. Possibly they have been doing this for the pur pose of securing evidence, but this is not probable, for there has been no need to resort to that device. AH the dealers have continued to sell openly and have no fear of prosecution. RIVAL CUTS DOWN FERRY ROPE Bolt of Injunction Against Opposi tion at Kettle Falls. K COLVILLE Wash, June 15. The Farmers' Ferry Company, a corpora tion operating a ferry on the Columbia River, at the town of Kettle Falls, this morning filed a suit In equity and obtained injunction against P. C. Kay lor and Ben C. Camp, by the terms of which the defendants are restrained from interfering with the rights- of the plaintiffs In the operation of the ferry at that place. The Injunction It temporary and has been made return able June SO, In the Superior Court of Stevens County. According to the allegations made in the complaint filed with the County Clerk this morning, the defendant, Kaylor, Is claimed to have cut and re leased the wire cable of the plaintiff from tha tower on the west bank of the Columbia River and that the de fendant Kaylor now. threatens to cut the rope cable from the tower on the Stevens County side of the river. The complainant further alleges that Kay lor is Insolvent and not .answerable In damages. It seems that, Camp and Kaylor are Interested in a' rival ferry at Kettle Falls, and that there Is a large settle ment of people on the west side of the river in Ferry County, all of whom de pend on these ferries for service in reaching Kettle Falls as their trading point. FIND BODV OF DEAD MAN Unidentified Corpse Picked Up on Knappa Island in Columbia. ASTORIA, Or., June 15. (Special.) The body of an unknown man was found this afternoon on the tide flats at Knappa Island In the Columbia River. The remains were those of a man about 40 years of age and had evidently been in the water for several months, as they are badly decomposed. A few shotgun shells were in one of the pockets. Indicating that the man was a hunter, but nothing has been found that would give a clue to his Identity. DEDICATE TABERNACLE TODAY Mormons of Union Stake Gather 2000 Strong for the Ceremonies. LA GRANDE. Or.. June 15. (Spe cial.) The annual conference of the Union Stake of the Mormon- Church be gan here this morning, with 000 mem bers In attendance. The sessions are held In the new tabernacle, the largest outside of Salt Lake City. This will Copyright 1907 by Hart Schafiher fjf Marx Special Values in BoysV Suits (SEE DISPLAY IN MORRISON-STREET WINDOW) BOYS' SUITS, Ages 3 to 16 Years $4.00 to $5.00 Values, This Sale at Saml be dedicated tomorrow (Sunday) after noon with impressive ceremonies. President Joseph F. Smith, head of the church, will deliver the dedicatory prayer. To President Anthon H. Lund is left the duty of pronouncing the benediction. The tabernacle, which has a seating- capacity of 22D0, was filled to overflowing tonight at the ooncert given by the talent in the local church membership, assisted by Lizzie L. Edward and John Robinson, soloists, from S.alt Lake. ' Five Prisoners for Salem. LA GRANDE, Or., June 15. (Spe cial.) Sheriff Childers leaves La Grande tonight for Salem with five prisoners They are Frank Reynolds, John Travers, Gus Mage Ho and John Nerrester, sentenced to two years each for breaking into and stealing from a box car. The other is Tate. He is sen tenced to seven years for burglary. Tate refused a commutation of sen tence rather than tell where the stolen It stands to reason that ve can afford to sell on a smaller margin of profit,' since the Ladies' Ready-to-Wear Department occupies a very small part and is a small item in the expense attached to conducting this immense establish ment. "We are content with small profits and shall continue to quote such rich, snappy bargains that business will be fairly forced to come our way, despite the fierce competition in this line. There is no reason why every lady in Portland should not avail herself of our credit system. Shirtwaist Suit Special for Monday .You'll not find anything in Portland's stores tomorrow quite the equal of these. They are all bargains, and the wide range in price ought to reach the wants of hundreds of customers. They are all well made, of good materials, and right up to the moment in style. SUMMER SHIRTWAIST SUITS In fancy polka-dots, all colors; worth $3.50; special JO QC Monday..-.. PA..7J WHITE SHIRTWAIST SUITS In In dia Linon, beautifully trimmed, waist and skirt,-with handsome "Val. laces; worth $9.00; special JC QC Monday p0.i7i Gevurt Corner First and Yamhill Hart Sciiaffner 6 Marx QUALITY One thing we distinctly aim at in this business is that every man who knows us or who reads our ads shall get the idea that this is the store for quality in clothes. "We'd a good deal rather be known as the right place for good stuff than as a place where you get low prices. It's easy to quote prices, but its what the prices buy that counts and that's where we come in. SPRING AND SUMMER SUITS $12.50 to $35 $3.00 osenblatt Cor. Third and Morrison property, a watch and other jewelry. Is located. His Bride Coming From Germany. ABERDEEN", Wash., June 15. An nouncement is made today of the ap proaching marriage of N. G. Kaufman, one of the oldest and best known pio neers of Gray's Harbor. Mr. Kaufman's bride Is Miss Gustel Welsbert. who will come from Germany to meet her in tended husband. The marriage will take place In New York, a rabbi pre siding. MiBs Welsbert is highly ac complished and young. The bridegroom is possessed of a large fortune. Carlotta G. Cox Ordered to Victoria. VICTORIA. B. C, June 16. The steam sealing schooner Carlotta G. Cox, that was seized by the United States revenue cutter Rush, on May 25, arrived here today. The schooner was turned over to Captain Hackett. of the Canadian Government steamr Quadra. Ladies, Open an Account With Gevurtz' We Sell on Credit for Less Than Others do for Cash Lingerie Shirt waist Suits, lace trimmed, $5.50; special Monday, $4.45 6 Co. Streets at Port Simpson, -where she was towed by the Rush, which broke a crank shaft and was unable to procsed further. The Carlotta G. Co was ordered to Victoria for trial in the Admiralty Court by Captain Hackett. Captain Christian, master of the schooner, holds the seizure to be unjustified. He states that when taken he was on his way to Copper Islands and had no skins on board but those taken before the be ginning of May off the British Colum bia coast. SHU Feels a Tracey Bullet. LA GRANDE. Or., June 15.-(pe-clal.) Jack Williams, wounded by the outlaw Tracey, arrived In La Grande last night on his way from Colorado, where he had been for his health, to Seattle. He was ill when the train pulled into this city and Williams went to the hospital. His wife Is expected from Seattle tonlglv WHITE INDIA LINON SHIRTWAIST SUITS Marie Antoinette styles; worth $6.50; special " 95 Monday Y LINGERIE SHIRTWAISTS, ralue .......$2.75- i.T!!-. $3.25 ons Corner Second and Yamhill