The Sunday Oregonian. (Portland, Ore.) 1881-current, May 21, 1911, SECTION TWO, Image 23

The Sunday Oregonian., May 21, 1911, SECTION TWO, Page 7, Image 23

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Newspaper Page TextTTIE SUNDAY OREGOXTAX. PORTLAND. HIAY 21. 1011. ' r FHHEE DIRECTORS ARE HELD LIABLE Two Moores and W. Cooper Morris Declared Responsible for Bank Wash. FRIEDE AND LYTLE FREED Itnrlirr'n Attorney. Snjlng Only Tiior With' No Property Are Affrctrrt. Will Appal Ore oa Trust Case. Three director! of the Oreron Truit r Savlns Back were declared In a de nslon by Judas Gatens yesterday after loon to be liable to damas amount r to more than $73.0" f'r the nils i rf the funds of the bank. Tho li-eetors found responsible for this f-t waste of funds ar V. H. Moore, rl A. Moor, and W. Cooper Morris. The 1-fHlon also In-luJ-'s tiie case aicalnst Waiter H Moore. V". Cooper Morris, rimer K Lile. Leo Fried. H-nry A. Mre. r.eorae U lte. S. V. Strker m l J. y. Kr.My for conspiracy to de fraud tne bank of $l.;o m a deal for the purrhas- of the Me.lford a; Crater Lake Kaliroad. later known as the I'arl rir A Kastrrn Railroad. In this rae :e court rturnd a verdict of IM.i' tsin.t tt.. Striker. Morns. V". H. M ..re and II. A. M""re. The two s ilts lni-Iu.te.l In tlie double l-Ttaion by Judite Oaten were brought IV Thomas I". Invito, as receiver for St:e Oron Trut Savings Bank, to rr-nver tiie money lost lo the depost Uira. ISeorHer W III Appeal. A. r. Clark, one of the attorneys for R-relvrr lvlln. said yesterday after noon after the decision was itlven th ;ne iinlr men ho Do'rMf.i no cron-Tty, nd hm rlr1 hi lnti.Uoo ot carry In c 1 i th Supreme t.urt in ma rtrort to hmm th rpnlhIUty of th . UiJ cjuaily upon mm who hst aov t pmr Vim Umic to d m m! tatnt thi-rn. I'ttrtU frorn bUrnf. U I1 Opln l.n of tnm rourt tfit tier had xr- '-J d'i cr to prvcul a U of Th various trtnMCtlom by which th ri.r'i.r. of th b-nk wrr found to wtth'IrAw.l of note, tu trie i.tn f ... c.-U wllhtlri.n. in ll um of I... -i n t Ii4ni i( t , . .i, n taTi lry Ki i i.v. - .n 1'ullnun Auto Car l mo I.. n . of Tr-U fc.uil I.iik i'mpinv f rrrl4lti ittr fI.-l It t.ank on purriuv of l o ti a I u a t r p i- k L' ty rn of l:'rrt' Mii.t arrintii iwu r th tok and actually -;.oo.oo s.iso.oo f tia. I on I.jn.l . . . I. rtif In tIphOI 9to-K. Tfiptt'-n t om- I'1 T "in a Telriihoti ftFll o.i;s.o Colli- tT.SOO.O rnv .. Tr irphon t'tmrt Hr-lrw H UIoih-c. Voltm r. rr extracts from Jml Clatrna dfvtn: x Kr.rrrtnr t. lh directors sulU many tit imi'i have bvrn Inter po-J by th vrrt d.-:endant. amon othrra. that l.;r statute of limitations huI run. anl t i-t tnerrfor lt. pUiuUlf cannot tii.iiutm tti suit. It la furtfirr -tntertrf1 by tn d fr,kjnt II. A- MKr. I.tl and Krltde. f.At i T wr not dtievtwra; 11. A .Voore nd Krde ilaimttlK that tliey m rr Mer t.H ki:oM-i tn the corpor ation :wl ne.rr -ire elected director, or i i;:i-.i a auch. It i contended i v t ie d-rM.l.iiit LHe that at the tii--I u el-ct-d a iirefir of the ba:V te mmn n't k uol.irr. and rr tliM. rm.i nt itetln1 a a li re-tr. evil'n.e trrxlt to h tint tiie n.iur.i. H. A ioore. paid Hi tie or ii. Attention t the at.ur of the h-ink. but r-erniiltej his nane t at rrar upon hreratur- of ti h-intc: that tne defend ant p. I.) tie and r ru-de. not only r tr;'ttd the ue of thrlr naniea upon he iltrrature and stationery, h it itend"1 th- m-tln.:s with o.-r .; tor, and t.Hk mn a uve triteret In It rnanaite titi nd a J fair. I' seem to me that tirre pton hotd htmlf out to 1 1 r mv lil . n d P' r m 1 1 hi nam to he iif-d fr the purpose of Kivline a bank ing tntltiirtu err. tit and tndir.K m m .-eifTiiiiunty. and depositor nil. t ihir n:on'V to b.nk bv ra.-..n of t!--ir iw:f;.lMK tn the Integrity ard E..tl t.tiite!i JnttKns-nt of .niil rer a..n, ihr ...wr stiould ut permit htrn. f-t-r twnk ha be ome Insolvent At id It. li: it v a: ta, -ne. lo say that he m it r .'t a llrrvt'r. Turre i an abundan of authority to ''Mair tie contention t'at hcr Mrni t mm dirr. tor without nant. r .it tiiev aiu:iie to act rtvhtftiKy l r .-..lor o? offir. it ey are ulv-t to m l tne re-rso-.M Pabt'uy m hlch attache t. tlie rikt'itful lrt-umlenta of mien of-ft-e. Thce defendant, w he t her t hey ..rntdted with tne uwi of tin ata'e ru t dire- tore of corporations or not. rt cer lilt nl de facto dire tor, ar.l anv act hi h thev performed -t! actp In such rapaoltr jld be .ind la reapect to third person. Iirvttors ! "JUrcvt. T director ertrnate.t to Jt.ore and t-r ri. t h p -evident and cahter. t.e ; itT of carjinc o-it te detail of iT-c nin" Ati.l t:.e poaer to einplov and di. f.arce en;pl"e. am the npin l.'i i,..tt .:tr-.-tt'r ttud'-r our statute .'i.l 1 ve autUorttv t- de.. Kate uch t p-aer to t.i president an. I cashiet I t ( .e de.ektute.J to th-rn the a mi .or it v of mukiMt tana and di--pe tins: of e, unit of tne bana an.t K;en w'-rn lo. ensue. nie Jti Li.ttv be airf fiat they tnrli--d i e pre - ,u r. t and ca 'ur r to a. I for l ien:. Ttie dutt .f a dirvctor of a cor jer tion ts t "direct" W iet er or n -I a .itrci'tor l nrsifi-.-;:( d pen.l upon the ci rcurnstaru c i-i t. Mil' ':Iar ca-. It cMifendr l b the pInlnMff tli-t tert.im c the d-rrctrs ptd little or n" attention t.i tho care end manaKe i.ient o ' t :ie bank. It lai a dm It ;ed n l Us rb that t-.e defendant H A. l.Te. a tilOUKh ho. din hlmsrtf out a a j!ret.c. t",'k no part In the car r tiianaaement of its affair, that he e'd.m attended meetings of te hoard if iire--;or and nl tCCatiu 1 iy i':d :- b-n The evldcTie show that !: defend ant U t -. Kri.de. . M 'ore. M- A. M."r and M rr i. otnpoei rt nn-e corumlttee or tne Mnk: tl.at W II l.xre r.l lorrt. rr.uJ salaries f-r p.-rformlnc th. 1mu. f t t r rr. uf prrsiiiem and casU- The t.timfnT show, that the arl. oi 1i'..tl pa5.'d u;w by ts .lfrnd snt. l. t anj rrl.ir. inne ot lrm l'-MrH In ."S t. th baMl A. t t. ,lf 'c.(jrt U "X Rsl-tnn. A r s-iM.h. an.l W H l'i'rtln.l. w o . .rr .lir.-tor. f 1 Im n k f:n. IIS frK.nt.iti.n until rl'Ttnihr 1;. is..-,. I ?i of t'-. I'Mrlon lr( tnv sli'iiltd nt h. h.-l'l !t.M f'r aT l..s utain-1. f r lit- f..n that It ao.il.i Inoittl Ktl an.l iinlu. t lo prmil a rorr ti;n. t"- f.nH.nls' In f.sor f a kxtt.ur vl la taa, wUa U4 ut t- Pianos Selling Rapidly $98, $115, $126 and Up W5 ! tit WJi B y V s,H.. 1 $1 Week f Pay for : - . t TV-. A Piano liiMiSp Aik to se the follow- j JUf 1 ting barf mini. alo ( imiL. '?' . WELL - KNOWN MAKE S9G. WEBER S126. KIMBALL $1U7. and others. Xevor have we had nrh a prat demand for pianos as during the last few dav since we announced this wonderful sale of instruments. As previously announced, we bought for spot cash a Portland dealer entire stock ot pianos. These instruments were originally ob-. tained by this dealer from the New York manufacturer, as part pay ment on a real estate deal. We got these pianos at a price which is practically " than ci-t. and we are now selling them at positively the low re. t prices and easiest terras that a brand new instrument has ever bien wld for in 1'ortland or anv other city. Just think of it: For .?111J0 we Rive you a modern, brand new, warranted piano, with fiill-tVnclh music desk, double revolving lock board, three pedals nr.d splendid tone. Without the practice pedal the piano costs only now. Other styles are $134.80 artd $126.70. We also arrange, where people are not prepared to pay all cash, so ihat they can secure one on little payments of $ or $0 a month. Snrely there never was an oortunity for buying good pianos at such lit t Te price as now. We are anxious to have every one under stand that we sell pianos, too, in adition to everything iu the musical and sheet music line. hVmembcr, there are only a limited number of these pianos o you bad better come now. lfirrr-'5ia5sl 111 FOURTH come a creditor until after these d fend..pt had severed their connection with th Institution. It I true that there were two louses whit the defendant were director, but It would be unrraeonahle to expect t nat every loan and every transaction of a bank should be a profitable one; if urh were the case. It would be a remarkable condition In bu!n life. The court seta out In detail the vari ous manner In which I-ytle and Frlede attended to their huMne and endeav ored to prevent lose to tne bank. Conspiracy J Kound. Concernlnc the lo. by the lledford frater Uke Hallroad transaction. the dec:lon ha this to ay In part: I ftnd from the evidence In this rase that there was a conspiracy on the part of Kates, fcttryker, atoms and H- Moore to purchase the properties of tie railroad mmpnnjf for their own Individual profit and benefit, and find that trie defendant a Love named, to gether with H- A Moore, are l.able for oe sum of 914. aOO. The Orenon Trust A Savings Bank was oricaiilx.-d in March. 1904. under the name of the Ores-on Saving Bank. The name was chanced to Oregon Trust St Savins Hank later. Folio wins; the failure of the bank. Thoma C. Devlin vai appointed, on Aus;tit 21. 1107. receiver of the Orel on Trust A Savings ttank. and under the direction of the court, began suit. as receiver, ror the return to tlie bank of Sl."o. alleged to have been misap propriated by the defendants in the case, most of whom were officers of t.te bank. In the long complaint filed by Re ceiver Devlin, the history was given In rl. tall of the transaction of the bank. by whi"h the bank turned over to George La. rts a certificate of de posit for $M.."'t. and cahler's check $l".i. when be had no deposit In the bank, and with which he purchased the edford & Crater Lake Railroad. It was further set out in the com plaint that Ktes was the holder of the railroad In trust for himself and H. v . Stryker, V. t'ooper Morris and W. II. Voore. who later aided tn organfxln 1 the rsrlfto A Kastern Railway Com- lanv. which became th.e successor of the Medford A Crater Iake Road when Kstes turned over the title to th latter road and tn turn received for himself. Stryker. Morris and V 11 Moore each 1 CO tald up and nonassessable shares of the new corporation. To offset tlie account In part on th books of the bank of the money turned over to Est ' with which he bought the railroad, a fictitious entry was made of bonds and warant of the Kstacada State i:.ink. although the latter Insti tution was then Insolvent, of which Ks t. was president and director and Stryker ws a director. lwnl In Bond Kccltod. At sn adjourned meetlnr of the newly formed Faciflc Kastern Railway Com pany. May 1907. the sale of $1,000,000 worth of bond of the corporation was authorised. The bonds were sect? red by a trust deed, or mortgage, of the prop erties of the railroad companv. The mortgage m-a executed on behalf of the t officer of the Pa- lflc 4 Kastern Rail way Company and the officers of tlie tn-egon Trust Sa vines Hank, which wa named us trustee. The mortgage wb recorded In Jackson County. The Oregon Trust Ac Savinx Rank received and accepted as of good vshie. on June T. 107. bond of the railroad to the value of SH0.00o, which were placed to the credit of the railroad company. T:. entries on the books of the lrik at t hat date showed a credit to the I'arifi.' a tiilArn Raltrosil rninantf I of fioo.ftoe for the bond, and the cer tificate of deposit In the failed Eta I cad bank of S41.2.0. making a total of 1141. ?'. against which wa placed the call' certificate Issued to Kates ror !.. with which he purchased the fatted M-dford Crater I-k Railroad, and the cashier's check of ItOOu used for the same purpose. Tkus It ws en- trd In the books that a credit r.- malnrd standlnr tn the Pacific 4ast ern Road ot Ijt.750. on which th road could draw as It wlllrd. Small Kalvajte Made. On this a.-roant It was alleiced that th. offlcrs of th. road drear o.it and np.nrt-.l for tli.tr own u.e the llS.iB for whi.h Mr. ls-vlin fi:.d bis suit to reclaim In behalf of the d-rosltor, of is. failed Oregon tssvlnns Trust Fark Afi.r Mr. T'lln bame rr.lv.r of bank. h rstuin.d Lb tertUKal. TBetter Hurry! - J Only a Few More Days ltyrVr?.lVifjrtiti T I 1': STREET. of deposit on the failed Kstacada State Bank, which the court deemed worth less, and the bond of the Pacific A Kastern Railway Company, which were also declared worthless by the court, to the holders of the fictitious certifi cate of deposit and cashier's check given by the Vregon Trust 4k Savings Bank for E-tes railroad deal, and re ceived the check and certificate back In return. Thus there remained only the $15,500 drawn from the bsnk on the worthless 'count of the railroad company to be reclaimed by the bank. LUMBERMEN TO MERGE OXK AWOCIATTOV IXSTKAD IVt R ADVOCATED. OP Oregon and Washington Manufao tnrers AVant Coast Hod y to Ab sorb Otlters as Saving: Plan. Members of the Oregon and Wash' Inicton Lumber Manufacturer' Assocla lion, at th. monthly meeting yesterday went on record unanimously In favor of a proposal that on. Pacific Coast organ ization be formed to supersede the vari ous local lumbermen s bodies. There are now four associations, the Or.icon and Washington, which has headquarters In Portland; the Pacific Coast, embracing" Pufret Sound mills; the Southwestern Washington, taking; tn-m!llon Gray and Wlllapa harbors, and the British Columbia body. As result, there la a area tral of duplica tion of work for the benefit of the trad, in general. The othr bodies will be called on to consider the question passed on by the Oregon and Washington Association. and details of th. plan for merging the different bodies remain to b. worked out. It la expected that there will be a central governing body, and It has been proposed that headquarters be maintained at Centralla. Wash. It is probable that th. work of looking after purely local subjects will be delegated to a deputy organization to b, main tained In each present district. Members of the association fought shy of discussing curtailing production as a correctlv. measure for the demor alisation that prevails In the lumber market at present. Manufacturers de clare conditions scarcely could be worse, yet they hesitate to take radical steps until satUfled that the market will not improve. Some manufacturers are in favor of shutting down the mills for a term of years. The present trouble Is due simply to production In excess of the capacity of the market to absorb. This has been broutht about by opening of new mills and by re.trlrtion-of the market, both dnmentlc and foreign. Increase of the railroad freight rata to th. East, shut ting Paciflo Coast lumber out of that market, was the most serious blow the trade has suffered. Th. yellow pine and cypress of the South now h.r. the Eastern market corralled, and this sit uation will nota bo changed, apparently, for some ye'arsl Opening of tho Pan ama Canal Is looked to by Paciflo Coat lumbermen to effect some sort of eman cipation. Meana-hile the manufacturers re preparing for a market extension campaign, through which potential con sum, ra are to be educated to appreciate the advantage and various use of lKiugla. fir. Lumber manufacturers ar. somewhat beset Just now to obtain satisfactory I casualty Insurance. Th. strict employ ers liability law passed by tn. Oregon voters at the last election ha made It difficult to arrange satisfactory terms for underwriting casualty risks. Tho Pallc Ix-iermlned to Hire Tark THE DALLES, Or, May 20. (Spe cial.) The women of the Sorosls Club this week hay. rtmulatert an Initiative petition among The Palles voters ask ing for an amendment to the city char ter, setting aside 40 acre, of land owned by the city for a park. Enough names w.r. secured and it will be voted upon at the June election. Those In a posi tion to know think th. amendment will carry ov.rwhelm!ngly and the sentl meat of the voter, leans that' way. CLASSIFIED AD. . RATES DmUr sr flnaday. Ua Oae tlsae Win a twe eoaaeevttTe time.... nie ad three cooaecatlve llmrv. . miu al atx r seven cvaseeutlra ti: ..We . .ii Kemlllaocee snoaa accatupaajr autf-to wra eracra. Ms wanrtts csont aa one Ho ea cask TsrtuemcKita sn4 ae ad cowataii lost leas teaa tw Unas. Whem aa alYertiaetneat la sxt ram in ei secQtive Uauea the oae-lisae rate applies. Ot chare bows, aarertiaeaaeata 1 charge will be ha a e. the ax-loal numbat f liaea appeavrin la the paper, regaxdlea e ia atuuoer f ru im eavca lta la w ledar ail aaveruseiueata cbcga ay sup" ore eoly. 14. Has ta iBCta. lh above rate sppLr to adeerthteiii aaaer ".New Tociay and all aiher els iiloa- lioa exeepuag ui fuliowlugs bituatlous aated, Mai. eiluatioaa V anient, 1- rmale. ar Kent. Kawiua, prUate Families. booms and Board, private Families. IIihibi iplna boo ma. pri.ala ajMlUea. lot rate m tae aaov eiaaslficsniaa k asnta a Ua each Insert toa. For the accoBBriWHtatloe of patroa. The orecoaiaa a 111 ueeep eia ineq aaveruae sarnt over the telepooa. provifunr the eJ vcftiser - a aaoecriDer ia oaiuer puoa. a Bfoe wui be quotes ever the pbooe, but bill will be rendered the following da Whether snbseanettt adTertiaeriiesnLB will b accept 4 over too pbooe, uepende tipoa the Drotuptoeae oc mt Mraai or teiepaoao aa vertlaameot. bit aa lion Wanted an d Pr onai adrertlsemenia will ao4 be accepted ever the telephone. Order for one lneerttoa only srlll be aeeeptsd for "HoBse for steal. f uraiiura roe raae." "UoainsMa vpport uai tla,M "Hoemlng tteoses" aaa uut to Kent."" HEXTtXii WOTlCgg, . HAWTHORNE LOPIE. KO. Ill, A. R AND A. VI. Rpeclal communicatioo tnis bunaa art ernoon at 1 o'clock for th pur' poa of attending th funeral service of our late brother, A. W. Neate. Interment at 2 o'clock City cmtery. Visiting brethren to attend. C. E. MILLER, oao. IVANHOE LODGE. No. X jra A SaiNiuiixa ur r r in lacs, meets -3 rry Tuesday night In Castle Ball. SJ lltb and Aider ats. E. M. LANCE. K. R. 8. PORTLAND ASSEMBLY. NO. 26. LIN COLN ANNUITY UNION will give a whist and 5ou social Saturday evening. May Woodmen of World Temple, US lltb St., A Ider. Adm Isston 1 5c. PROSPECT CAMP. NO. , 140 Military hist and dance will be given at 12M 11th . Thursday evenlna. May ... uooo urn assured. Oood music and refresh men is. Ad mission 20c ROPE CITY COTTNt'lL, isll, K. L. OF S. Rfi-uUr whist and MO Dartv Tuesday even in. May -3. L O. O. F. Mall. cor. Skldmore and Williams ava. Everyone welcome. Au mlaslon Id cents. ARBUTUS CIRCLE. V. OF W.. will give a whist and dance next Friday evening, iiay 20. at their hall, l?s 11th sc Admission iJc Welnherger s Orchestra. ROYAL CIRCLE. NO. will have else- tlon of officers May 24, as that will be our last meet ins in May. Alt members requested to Do pmscnt. DIED. GOODWIN May 2a at 1484 Minneota ave., Theima Uooowtn. age ii years, v raonina. 11 divs iiemain at Zeller-Bvrnes i.oin ptny i parlor. 5v4 WillU.ni ave, Funera announcement later. FTTiERAL NOTICE. SCHNEIDER In this city. May 18. John Schneider, ased 1 years 4 months. ix ceaad was a member of Bt. Joseph So ciety and Sons of Herman. William Ten lodff No. X Funeral will take place from residence, 17 Grover treet. tomorrow tHunday). May $1. at 1:15 P. M. thence to St. Joseph's Church. ISth and Couch itL. where services will he held at 2 P. M. Friends Invited. Interment Mount Calvary Cemetery. WARDLAW The funeral service of Mrs. Nuit-v J. Ward!aw. widow of the -late A. F. Wardlaw, who waa a member of Co. F. Fourth Illlno.s Cavalry, also a mem ber of Geo. Wright Post, G. A. R-, and beloved mother of Mrs. Lyon, will take place from Zcller-Byrnes Co. chapel. 3;4 Williams ave.. Monday. May Interment Hivervlew Cemetery. Friends kindly In vited to stteod. BOND In this city. May 2o. at the family residence, 44 I oiumuia st.. Laura May nd. ased -d yea s. 3 months and oayi Funeral sr'lceB will be held at Flnley' chapel at S P. M. today (Sundayl. Friends Invited. The conciuding services will be held at the Portland crematorium. ADAIR May 2V at 434 Tenth street, Mr. Martha M. Adair, agea .o years: -momer of Miss 1 ore nee C. Adair and Mrs. iiu ford Hialer. of this city. Funeral Sun- day. S P. M.. at Holman's chsneL Burial Monday, at Baiem. iialsm and Eugen papers pleas copy. nublVP 1 ifcA id-O rsi aiain .ty a-. Nuttard D. Hoekstra. azen a years 4 months It days. Funeral will take pla frmn the Baptist Church. Lents, tod-iy tSundavi. May 21. 1:J0 P. M. Frtendi respect Cully Invited. Interment Multno mah Cemetery. SISTRR MARY MATTHEW. Superior Ottr Iady of Lourden rcho(i, rpoKane, ciiea on May 20. Funeral service will take place at Hi. MarVi rh.De . Bt' Mary Academy ana Collese. Portland. Or., on May 22. at 0 o'clock A. M. Interment at Hu Paul, Or. STEPHENS In thi city. May 20. Viola s-tepbrns. aged li'J years. The funeral serv ices will be held at Ktnley' parlors at 2 P. M. Monday. May 22. Friends Invited. In terment Klvervlew Cemetery. M'DONA LD At his late residence. East A4th at.. Georae McDonald, as "U year. Funeral service will be held at Lerch's chapel Sunday. May 21. at 2 P. M. Inter ment Multnomah Cemetery. TONSKTH FLORAL CO, MAKML'AJbl BLDC, M.Oit Al. DKMONS. pbooe: Mala ftloit A 1101. Dunning MeEntee, Funeral Directors, 7th and Pin Phone Main 430. Lady aa eletant. Office of County Croner. jj. p. xlMJEY SON. Sd and Maaiaoa. Lady atteadaut. Phon Mala 9, A 160. EDWARD HOLMAN CO.. Funeral Dlreet ees, 220 34 st. Lady assistant. Phone M. ftOT. EAST SIDE Funeral Directors, race te F. ( Dunn Ins. Inc. fc. 6. B S&ft. 2EL1.ER-BYRXE8 CO.. 594 Williams ave. East lOae. C 104. Lady attendant, LEIMrliTXnlertaker cor. East Alder and glsth. Eaat l. B lsAS. Lady maalstant. The proposed setting; aside of the tract Is also Incorporated In the commission charter, which Is being; drawn up by a committee of seven to be "ubmttted to The Dalles voters so that in any event the park 1 a strong possibility. OREGON HUME SOCIETY OF KICK CITY HALL Mala SSS. A IMS. HT'M A.VK OFTICKB. Beiweaat Crate, Residence 24 E. 24th. N. East 477. K. A. Uaaaitiv, Hes. SJ Wasco St. W. G. tualea. Ku. 7S E. Ktn. Kael Mi. Mors. AmbulanM. A 6101: Pr. Sx. 4. Klsbta. Sundays and HoUdaya, A S10S: Pa Tjt 4: Trunk T. SEW TODAY. Bargain East Side Ware- s house District 100x200 feet, with frontage on East Seoond and East Third sL Trackage. Special price. Wakefield, Fries & Company 85 Fourth St. BEAUTIFUL HOME NORTH MT. TABOR An 8-room house, full-sixed base ment, best of plumbing, electric wired, finely finished, very convenient, good gnrden at rear of houoe; t blocks from Monravllia carllne. Call r.t 164 . 60lli at. X. I'hon. Tabor HIS. at Ros. lavltwl P. NEW TODAY. AuctionSales AT WILSON'S AUCTION HOUSE Corner Second and Yamhill RECILAH SALES DAYS . Monday, Wednesday, Friday Each Dat at 10 A. M. If ros ar. fnraUklag or making rkaagea iu roar home, dost fall to see our dock f fmeelaaa fnraltare la all flnlaar and eaal to w also good rags, carpets and llaoienma, large a: sortment of stet raagea, gaa raagi and refrigerators. OFFICE FURNISHINGS Ronton inki In various sizes, stand Ing dealt., office efcairm, office tablea, fllT.a rahlneta, typewriters, typewriter standa, etc In OCR STORE, 171 SECOND ST. (adjoining aaetlon room we sell GROCERIES. ClOTHIXO, SHOES, mls eellaaeoaa HARDWARE, bath tubs. wasn basin, etc, at manufacturers' cost. Auction at Residence TUESDAY NEXT, AT 10 A. M. 309 1-2 E. First St, N. t Near Halsey T are Instructed by Mrs. McLean to eell th. furnishings of her home. coruDrislnsr settees, rockers, armchairs. center tables, pictures, ten pairs lace curtains, writinfr desks, ftas lamps. good Brussels carpets throughout tne house, extenelon table and cnairs. crockery and classware. cutlery and silverware, hall tree, costly walnut bedroom suit. Iron beds, springs and mattresses, odd dressers. bedroom chairs and rockers. "Laurel" steel lange, sua plates, lamp tables, heating stoves,' lawn mower, wheelbarrow and the .usual kitchen and laundry outfit. Sale Tnetdar at 10 A, M. J. T. WfLSOX, Auctioneer. Cash paid for furniture, stocks of merchandise, etc Call Alain 166, A 4-43. SPECIAL, POSITIVE AUCTION SALE Storage Furniture From Pick's Warehouse, Will Be Sold at 211 First Street MONDAY. MAY 22, at 2 P.M. Includes the latest In metal beds. KDrlnvs and flosa mattresses, combina tion bookcaae, mission oak pedestal dining table and chairs, white maple and other dressers, mahogany library table, steel range, costly oak rockers. steel couches, folding bed, antique buffet, mirror 18x40, carpets and rugs. two office rolltop desk. one new letter press, one orrice taoie, gas ranges. drop-head Singer sewing machine. English breakfast table, open-face bookcase, etc We will hold a special aaie at S I M or Wt PAIHS SEW LACE CTRTAIXS. These are uncalled-for freight goods. and must be sold, as well as a few POItTIKKES and COITH COVERS, and don't forget, there Is always hundred, of other Items not mentioned here. The sale starts at 2 P. M. Best goods sold iirsu FORD AlCTIOX CO., Slain 8951. A 2445. NOTE. A J200 equity In a 11000 lot In South- port, on Fulton carllne, will be sold at I auction at 211 First it, it 1 P. M. aioncay. FORD AUCTION CO. Almost new steel range, oak roll- top dek, baby buggy, bed spring and mattress, dining table and chairs. couch, -rocking chair, dresser and fold- ng bed at half price at 10 First st TUESDAY AND THURSDAY Grand Two Days' Auction We are Instructed by the owner, who Is returning to llrltlsh Columbia, to sell the furnishings of his private home, removed to our salesrooms 'for convenience of auction, comprising parlor rockers and tables, genuine leatner couch, oak library tables, drop, head White sewing machine, Aimln- ster, velvet and body Brussels rugs. two all-brass beds (best oualitvl. springs Rnd mattrees, feather pil lows, dressers and chiffoniers In blrdseye maple, quartered oak. srolden nd wax finishes. The dining suite is lice new, viz. peaestai table, set or hairs, buffet and china cabinet In early English finish on oak, rattan ettee: Venus steel range, kitchen cab lnet and many other lots. In addition to the above we .hall ftvr several new pieces of furniture which have been nsed by wholesaler i . nip 1c. Sale, on Tuesday and Thursday each iy at iu Am .ft. W. V. BAKER dt C A. CROWELL, Furniture Dealer, and Auctioneers, 102 Park Street. GILMAN Auction & Commission Co., Inc. Office and - Salesroom No, 126 Second Street, Xear Washington. TUESDAY'S sale Includes the furniture of residence from East Side, car pets and household effects. FRIDAY'S sale will Include fine dress ers In blrdseye maple, oak. etc.. and fine carpets and furniture trom residence. Sale, at lO A. M. GILMA.V AUCTION COM. CO. For Sale lorn Beach Hotel We will sell this hotel, with large grounds, for $6500. $2000 cash; will take Portland real estate to tlie amount of $1500. iner is now a s.jooo mortgage on the property. Twenty rooms completely furnished with a fine piano, all thrown In for the $6500. This is giving the property away. This property is on the beach and on the railroad. Title Is perfect. This Is a well-known hotel, you all know it. The price Is the only thing win surprise you, come and see tie at once. CLOEESSY & McGUIRE 616 Ablnctoa Bid. $3750 Choice corner lot on East Yamhill street. Pine flat site. $10,000 Choice 100x100, 100 feet from Haw thorne ave. An ideal apartment site. A. W. LAMBERT & COMPANY 404 East Alder St. Phones B 1310, E. 610. SEW TODAY. LeNOIR&CO. Sacrifice Improved income property, income $2600 per year. New building-. Strictly modern construction. Must sell. Why f Investigate. Big profit out side of income assured. Price . $22,500. Terms. Inside If you are looking for a gilt-edged investment i n. choice inside income property Investigate this. High-class apartments. New fonr-story brick building. Fine income. Guaranteed lease. Price $110, 000. This is property with a big future for it adjoins the heart of the retail busi ness district. Only two blocks from where there is now building a modem 12-story building. Terms. . Flats Xew modern double flat, 50x100 lot. Nob Hill district. Nice income and a good safe investment. $12,500. Terms. Homebuilder Platted. A money-maker for the' man who intends to build. Consisting of eight choice lots. Portland Heights. Excellent surroundings. Right on carline. South exposure. The man who buys and builds here can clear the cost ,of a beautiful home on his investment. Price $12,000. With release clause in the mortgage. $6000 cash. LeNOIR&CO. Ground Fl. Cham, of Com. Visit this addition for your afternoon outing and watch the hills melt away in the making of a splendid resi dence district. The giants will be working against the banks after 4 P. M. today. Magnificent view of the city and surrounding country. Three blocks south of the Forestry Building. Take W car. Our representative on the ground. Clark-Cook Company Room 6 Board of Trade Bid BEAVERTON- REEDVILLE ACREAGE Only 40 minutes out on either the 4th street or Oregon Electric lines, and the finest soil in Oregon. The fruit, berries and gardens dem onstrate the soil, and we have 4o peo ple on this tract who have bought from two to four times each. Let us refer you to them. Beautiful home sites convenient to excellent markets of Portland. Part of the family may work in the city. Any sized tract from one-half acre to 20 acres at S250 per acre and up, with monthly payments. Call and arrange to see this prop erty without expense to you and be convinced. I The Shaw-Fear Company 102 F0URTH.ST. Main 35. A 3500. SUNNYSIDE A l-room house, well built, on Bel mont St., near the new Postoffice. This is a home and business property com bined. Price, $4400; cash required. $1500. MEKtMAPI 1 SAVING & TRUST COMPANY . WESTOVER TERRACE NEW TODAY. $8,000 50x100 apartment site on Iloj t, near 21st. $15,000 72x100 on Irving, near 23d. $17,000 SOxl1 on Twentieth, near AVashington. $19,500 0x100 on 9th, near Glisan. $20,000 55x10, improved with two story building. $30,000 100x100 on 5th street. $33,000 50x100 on West Park, south of Morrison. $35,000 70x100 on 11th. Close in. - $36,000 114x132 on 21st near Wash ington. ri KEASEY HUMASONejEFfERY 232 Chamber of Commerce. C GET While Price Is Lowest A beautiful, complete, new, two-story, sis-room modern house, located on a corner lot fifty by one hundred feet, one block from Sandy Eoad in the best part of Rose City Park. Never before offered for less than $4500. If taken at once can be had for $3750, on very easy terms. David A. Cuttle Co. 503 Yeon Bldg. Office"Phones Main 9073. A311T Residence, Tabor 1372 . PORTLAND HEIGHTS EXCLUSIVELY Beautiful Homes Lots Quarter Blocks Acreage Homes from $2000 to $50,000. Lots from $S00 .to $5500. Tracts, nil sizes and prices. Can suit homeseeker and barga hunter. BROOKE main 3551. A 3839. HOLLADAY'S EXTRAORDINARY 0-room house on corner lot, walking, distance. House is well built and modern in every way, has living-room, library, dining-room, kitchen, full cement basement and hot-water heat, four bedrooms, dressing-room, bath and sleeping porch; second floor, maid's room, two storerooms, attic. Owner values lot at $0000, house cost , $7000. Will sacrifice several thou-! sand for immediate sale. , Merchants Savings Trust Company Sacrifice MY ORDERS ARB TO SELL, 75x100 adjoining Jonesmore S 550 Twp lots Mt.Tabor district, each.. 65 One lot. Euclid avenue .. SOD .. eoo One arre. cleared, L.enis. One acre. Oak Grove 81000 near 210 100 acru on u, vv. tr.. Gresham at PURSE, 81S Chamber of Commerce. 9. NET 9 50x100, on East Couch, this side of T.oi.rAihnrst. I400U. I20M win nanaie; all improvements in and paid for. A chance for tne man ot moaeraio means to secure income-bearing: property -on easy terms. Address u lor Uregonlan. HEAT. KXPERIKXCED DISHWASHER i wanteo. o- 'in aireet. TNOW f i : ; ; . - -