10 TIIE SUXDAT OREGONIAy, PORTLAND, NOVEMBER 2G, 191G. INDUSTRIAL CENTER $437,500 DEAL IS ON Sites for Expected Plants Are Held Under Option for Pur chase and Re-Sale. WESTOVER SALE CLOSING Completion of Transfer of 308 IjoIs on Terraces Is Inspected This , AVeek Otlier Improvements Are Put Under Way. Last tvpcU saw the commencement ef negotiations for the purchase of $437,500 -tvorth of property in Indus trial Center Dy a syndicate now being formed by F. N. Clark, and this week is scheduled to see the final consum mation of the deal whereby the Inter national Realty Associates will be come owners of the 308 lots In West over Terraces, the assured sale of which was announced several weeks ago. Although there has never been any doubt but that the International Realty Associates would conclude the deal for Westover Terraces, the final transfer of the property cannot be made until after the arrival of N. J. Upham. of Iuluth, president of the organization. who is due to reach .Portland tomor row or next day. As oon as Mr. Upham arrives in corporation paoers that have been drawn up by Portland attorneys will be filed giving the Delaware cor poration legal standing in the State of Oregon. The laws of this state prescribe that no foreign corporation can own real property in Oregon until It has Incorporated in Oregon and this has been the main obstacle in the way of the passage of title prior to this time. Only Formality Remains. It is known upon good authority that Mr. 1'pham, C. L. Simpson, of Kan fas City, and C. Harrison, of Omaha, had more than an option when they de parted from Portland at the time the Westover Terrace sale was announced originally. As was made plain at that time, the deal was virtually closed and the mere formality of passing title only re mained to bo done, although Mr. Upham was bound, as a matter of courtesy, to explain tile details of the transaction to tho 17 directors of the association who reside in various parts of the United States. Since leaving Portland Mr. Upham has called upon each of the directors and he is now returning with their unanimous Indorsement to con clude the final details. Therefore those curious citizens who rem to delight in doubting the suc cessful termination of big realty an nouncements, made in advance of com pletion, are due for another rude shock this week when the transfer of West over Terraces is made in form as well as in fact. Committee to Manage Salen. After the formation of the Oregon corporation, probably to be known as the International Realty Associates of Oregon, to handle the resale of West over, a committee of seven members of the Portland Realty Board will manage the selling campaign. A power of at torney will be granted to the Portland Realty Board and any active member Of the board will be privileged to sell lots in the tract. The property Is to be placed on the market in February. This committee was appointed at Friday's meeting of the Realty Board by President Taylor as follows: Liean Vincent, chairman. George D. Schalk, F. N. Clark. I. W. Cronan. Dorr K. Keasey, Ficd A. Jacobs and F. E. Tay lor. By reason of the sale 1000 of the big pest realty men in the country, who are stockholders in the association, will, in fact, become stockholders in the future of Portland, and the moral effect on the reputation of Portland throughout the United States will be wholesome, as each of the stockholders is to be :i Portland booster. The exact price paid the Iwis-Wiley Hydraulic Company lor Westover Terraces prob ably never will be made public, but it is presumed to have been nearly $1, 000.000. As soon as he had concluded his connections with the Westover Ter race transaction F. X. Clark commenced snapping up options on Industrial Cen ter property and he announced last week that lie had obtained the-privileges to purchase, within the course of a 90-day period. 120 lots, containing 1,200,000 squaro feet, at a price of J4S7.50O. To handle the purchase and the sub sequent resale of Industrial Center, Sir. Clark is now organizing a syndicate to be capitalized at $."iOO.O00, one-half of which is to be. paid-in capital. Al ready it is known that Mr. Clark has raised enough capital to insure the or ganization of the syndicate and it is regarded as a certainty that this trans action is also destined to go through without hitch. Guild's Lake Is Kmbraced. Industrial Center is located between Twenty-seventh, Thirty-first and Xico lai streets, and Industrial avenue, em bracing what was formerly known as Guild's La ke. a part of the old" Lewis and Clark fairgrounds site. This prop erty is related closely to the Westover Terrace tract, because they were both created by the same hydraulic, process engineered by the Lewis-Wiley Hy draulic Company. The dirt washed from the rugged hillsides that ultimately became West over Terraces was conveyed through flumes to Ouild's Ijike and there placed to provide solid foundation for the lo cation of manufacturing sites. A total of 28 manufacturing establishments have purchased sites in Industrial Cen ter and five factories are now in oper ation on the premises. Among the eight owners who have granted options to Mr. Clark are C. R. Higgins, of Astoria, owner of 30 lots: Karl A. Lively and associates, owners of 18 lots; the Lewis-Wiley Hydraulic Company, which has retained posses sion of nearly 50 lots; D. G. Hubbell, W. A. Holt and W. L. Warren. Big Developments Promised. Mr. Clark, while acting as selling agent for the Lewis-Wiley Hydraulic Company, originally sold most of the Industrial Center property to its pres ent owners at lower figures, he points out, than he is now buying the prop erty back. He , says he is actuated in making the new deal by definite in formation he has of big industrial de velopments that are to come to Port land. Industrial Center is not located on the river, but it has adequate rail road facilities at the present time. Of the purchase price agreed upon, one half, or $218,750. is to be paid down at the time the options are fulfilled. It is also understood under the terms of the organization agreement that a sum of $62,500. which represents the differ ence between the purchase price and the capitalization of the proposed syn dicate, will be spent on improvements. The option for purchase dates from November 15. First Unit of Ship Plant Started. Construction work hue been com menced on the first unit of .the pro posed shipbuilding plant, to be erected by the Albina Engine & Machine Works, which is to cost $7500, accord ing to tile stipulations of the building permit, issued last week. The plans for the building were prepared by Walter i. Clausnen. a Portland architect. The first unit is to be used for the mold loft, the draughting department and the company's offices. All buildings are to be erected by day labor, under the supervision of William Cornfoot, principal officer of the shipbuilding company. Mr. Clausson is also making plarw for two ways, a plate shed, black smith shop, and tool and pattern build ings. 919,745 Low Bid for School. The lowest bid submitted for the con tract of building the new school build ing to be erected at Paisley was $19,745. entered by Zoph Brothers, formerly of Lebanon, who were recently given the contract of building the new addition to the Wallowa County bank, at Enter prise. The plans for bojth these build ings were prepared by Tourtelotte & Hummel. Portland architects. 12,000 Apartment BrKuu. Mrs. Bertha L. King obtained a build ing permit last week for the erection of a two-story apartment building that to rise at 342 Grant street. at Broadway. The architects. Goodrich & Goodrich, estimate that the structure will cost in the neighborhood of $12,000. Church. Ia to Coat fOOOO. 'Pursuant to plans prepared bv George Footo Dunham construction work has been started by E. W. Baugh man on the one-story frame church building ordered by the officers of the PLANS ARE ANNOUNCED FOR $40,000 ADDITION TO FRONT ELEVATION Fifth Church of Christ. Scientist, at 4204 East Sixty-third street, in Laurel wood addition. The probable cost is estimated In the building permit at J600Q. East Side Home to Rise. W. J. Patterson, president of the-Ore- gon Bond & Mortgage Company, has announced that a $7000 residence is to be erected on property on East Sixty first street. Mount Tabor, sold recently by the company to William Stewart. The plans are being handled by the company. Construction is to be com menced in the Spring. Three Residence Permits Obtained. Permits were issued at the City Hall last week to Evert Liisanantti for the erection of a $5500 residence at 89 East Forty-first street, Laurelhurst. to H. Foresman for an $1800 bungalow at 1111 Woodward avenue, in Waver- leigh Heights, and to T. Torsen for the construction of a one-story frame residence at 2520 East Fiftieth street, to cost $1000. REALTY BOARD GROWING YEAR'S ADDITION TO MEMBERSHIP IS 113. Increased Call for Appraisals Reported Total for 1016 Being: 4.1 on Land Worth $1,015,000. During the past year a total of 113 new members have been added to the roll of tho Portland Realty Board, ac cording to' a report rendered at the last business meeting of tho Board by C. L. Wheeler, of the membership commit tee. Of the new members 47 have as- o.'iate rank, 4 3 are active members. while 23 are affiliates. E. S. Jackson, chairman of the ap praisal committee, reported that a total of 43 appraisals had been made by the committee this year covering property valued in the aggregate at $1,015,134. The average value placed on each property assessed was over $23,000 and the earnings accruing to the board were $7000. Tho members of the com mittee spent ten days on one appraisal while another required six weeks work. During the year 1915 the com mittee made only nine appraisals ag gregating property valued at $436,750. Among the other committee heads to report was Clarence K. Hotcbkiss, of the publicity committee: W. M. Umb denstock, of the civic committee; L. W. Cronan, of the factory site committee; O. W. Taylor, of the highways commit tee: Herbert Gordon, of the legislative and anti-single tax committees; Frank L. McGuire, of the entertainment com mittee; A. C. Callan, of the special committee on water rates, and G. G. Rohrer, of the rental committee. Before the adjournment of the meet ing W. A. Barnes was elected treasurer of the board to succeed Samuel It. Norton, who has gone to Louisiana. LA OlIAXDK BLOCK BOUGHT Meat Company . Pays $30,000 for Central Location. Ownership of one of the best corner properties in Ija Grande changed hands recently, involving, it is said, approx imately $30,000, according to the La Grande Observer. The specific figures are not given out. The property sold is the Loftus corner, occupied by the Levy-Vogel Drug Company, and vari ous offices upstairs at Depot and Ad ams. The Grand Ronde Meat Com pany is the new owner of the building and site, which extends 110 feet on Depot street and 160. feet on Adams avenue. R. W. Logan negotiated the deal. J. A. Russel, president of the buying company, announces that in the future extensive improvements, repairs and additions will be inaugurated, but architects have not been consulted to date and the work will not likely begin right away, although the company takes possession immediately. Idaho Logs Being Driven. LEWISTOX, Idaho, Nov. 25. (Spe cial.) The Rawson-Works Lumber Company has started a arive of 800.000 feet of cedar logs which will be boomed at Kamiah this Winter and then made into posts and shipped to outside mar kets. The company early last Spring Sought a large amount of cedar from the Government and cut considerable of the timber, which they attempted to bring down the river, but on ac count of the high stage of water the logs could not be held in their boom and the project was abandoned until a few days ago. HS RAPS 'VALUED POLICY LAW Alteration of Contract Into 100-to-1 Bet Against Fire Is Charged. RATES RISE THEN, HE SAYS Total IJcstructlon by Fire Itecognized as Conclusive Evidence of True A'alue X.'nder Present System, Kejected In Other States. BY W. A. WILLIAMS. (Indictment of "valued policy law" contained in general treatise on Are insurance delivered by Mr. Williams at OF STRUCTURE THAT WILL BE Central Library last Monday evening.) After first being introduced in Wis consin in 1874. the statute known as the valued policy law, which declares that whenever an insured building s destroyed totally by Are. the amount of insurance in force should be taken, as conclusive evidence of the true value of the property and the true amount of the loss or damage, regardless of the actual value of the property, has been enacted in 21 states, including Oregon. The law changes a contract to make good the actual loss by tire into a plain bet (with average odds of 100 to 1 in favor of the assured) that his property will not burn within a stated time. With such odds, a bet on almost any future event beyond the control of either party would rind many takers; but when a man carries the keys of his own house in his pocket, and the event is wholly under his control, it Is not surprising that legalized wagers of this sort should come to be properly re garded as "a cinch." In any event, a law which puts it in the power of the average man to strikd) a bonanza of this sort with a lucifer match must occasionally tempt some one to strike, for "oft the sight of means to do ill deeds makes ill deeds done." Kale InrrraiM I, aid 'to Law. At current dwelling rates, if one policy-holder out of 500 is tempted by this law to burn his property, it doubles the cost of insurance for. the remaining 499 policy-holders; if only one nun in 2000 is so tempted, it increases the cost 25 per cent for the remaining 1303 policy-holders. That the law has raised the aggre gate cost of fli e insurance to the Amer ican people: that it is the direct cause of an untold amount of arson, perjury and murder, no one familiar with lire stalistics can for an instant doubt. The dangers of the law to life, property and morals has repeatedly been pointed out by state officials. Dur ing the past few years, on the ground that it offers an incentive to crime, the law was vetoed by the Governors of Colorado. Nevada and Utah, and the Governor of West Virginia refused his signature. Thirty years ago farm property formed a much larger proportion of our aggregate National wealth than it does today. At that time the tremen dous growth of our manufacturing and transportation facilities and the con- LECTIRE 0 HOl'ii; THE MILTITIDK" AT ll HI.IC LIURARY SET FOR TOMORROW. Father Edwin V. O'Hara. The eighth lecture in the Reed College extension course on "Real Estate Management and Development"' will be given by Father Edwin V. O'Hara tomor row evening at 8 o'clock in room H. Central Library. The subject will be "Housing the Multitude." The lecture will set forth the conditions that have given rise to a housing problem in American cities with its chief features of cellar dwellings, dark rooms, con gestion, land overcrowding and other disease-breeding conditions. The purpose and scope of an adequate housing code will be outlined and the beneficent re sults of such a code to the health and well-being of the toiling multitude indicated. A special feature of the lecture will be the use of slides illustrating Port land's need of a housing code. The lecture is open to the public WILLIAI f 'J ( jr jr''-' i fjM&lami.m .... .M,,Mj J ccntratlon of population in our cities were Just beginning. The Are com panies were then deriving a steady revenue from the insurance of farm property, which as a class was consid ered doubly desirable, because it had been steadily profitable, and because it was free from the dangers of sweeping conflagrations which in every city Jeop ardized the entire assets of a company. Farm Businraa Freely Written. Every company wrote farm business freely through its local agents, under the same liberal conditions as other classes of property. As solicitors were selected for their glibness and push, rather' than for their character or knowledge of the business, and as neither their judgment nor honesty could be trusted, the plan was adopted of taking payment in notes Instead of cash. An elaborate application containing a cut-throat warranty was prepared, un der which the assured surrendered every equitable right, and became re sponsible for any overvaluation of his property; and to make assurance doubly sure, every policy contained a printed stipulation that the company should be liable for only three-fourths of any loss that might occur. In time, the adjustment of losses re vealed the full iniquity of this plan, and in every farming community tire insurance came to be regarded as a swindle. Of the hundreds of fire insti tutions then doing business, not over four or five at most were implicated. Nineteen companies out of 20 vainiy protested at the buccaneering methods of these so-called farm companies, be lieving they would bring the entire LAURELHURST CLUB TO BE BUILT NEXT SPRING. ERECTED ADJOINING PRESENT LA fit business into reproach and subject It to inimical legislation. These apprehen sions were well founded. The industry of fire insurance became non gruta in every state where the farmers had the controlling voice in legislation, and the entire insurance community has teen made to suffer ever since for the sins of a few unprincipled adventurers. In his .ignorance of the facts, the readiest remedy that occurred to tne agriculturist was to wipe out the whole iniquity with a sweeping law which re quired that the amount of insurance should be taken as the real value and measure of loss, regardless of policy conditions or actual loss. The offer of a reward to anyone sharp enough to swindle an insurance company was a practical application of the maxim "Set a thief to catch a thief"; but In resort ing to this crude remedy the farmers forgot to consider the possible conse quences to either their own or other people's interests. Plan la Declared Ahnurd. Probably no more absurd or danger ous means was ever devised to right a wrong, and the farmers themselves have come in for much the largest share of the evil conseq uences of their own hasty and ill-advised action. The valued-policy law has cost the farmers millions of dollars, to say nothing of other people. In Wisconsin, Ohio, Texas and Missouri, where the law has been longest in force, farm rates today are about double what they were when the law was enacted. At that time all companies were free ly writing farm risks through their lo cal agents under the same form of pol icy, and at the same commissions that prevailed in other business. Ask any agent today and he will reply that few rr none of his companies will insure farm property at any price. The very companies responsible for the valued-policy law have been forced by the unprofitableness of the business, even at present high rates, to discon tinue writing arm property In states where the law exists. These companies killed the goose that laid the golden egg, by creating a widespread moral hazard in a class of property that had been notably free from incendiary haz ard. With an advance, of ahnnt 100 per cent in rates in valued-policy states, farm property today appears on the prohibited list of 1 9 companies out of 20. because losses have increased even more than rates. EUGENE FIRMS SELL OUT JOHN It. KIT7.Hl.tiH. IS Il RCHASEK FOR ailO.OOO. Eugene and Seattle Propertiea Are Ac cepted ni J'art Payment Farm Deal Represents 913,000. EL'GKXE, Or., Nov. 25. (Special.) Real estate and business property transactions in Eugene within the last few days totaled $113,000. Two hard ware and implement establishments and farm property were sold. The Quale-Johnston Company dis posed of its large two-story concrete building and business to John R. Fitz hugh. formerly of Coburg. the consid eration being $40,000. George Quale, secretary of the -Eugene Chamber of Commerce, and Claude Johnston were partners in the business. Mr. Fitzhugh also .purchased the Svarverud Hardware store and business in Eugene from Mr. and Mrs. M. Svar verud for $60,000. The purchaser in both instances traded in Eugene and Seattle real es tate in part payment. C. N. Moody announced the sale of his 100-acre farm near Franklin, to J. J. Emmons, for $13,000. Several Realdenrea Started. The Oregon Home Builders has ob tained a building permit for the erection of a two-stdVy frame residence at 911 Dunckley avenue. Olmsted Park, which they estimate will cost about $5000. Pursuant to plans drawn by Jacobberger & Smith, a $1500 residence has been commenced at 1200 Denver avenue, in Albina, for H. H. Jeffries. The Enterprise Builders are erecting a $3500 residence on Glenn avenue. In Alameda, for Dr. Fir.ey: J. A. Peterson is building a $1500 home at 860 Sara toga street, in Irvington Park. Waldele Brothers are erecting a $1000 dwelling at 4439 Seventieth avenue, in Dover Ad dition; and C. Spies has been com missioned by A. Bracky to build a $3000 two-story residence at 33 Farragut street, in Kenton, to cost about $3000. Under normal conditions France makes 26,000,000 pairs of gloves annually. RENTS MAY RISE, TOO Realty Committee Expects to See Increase Soon.' DEMAND IS STRONGER Only I'oorcr. Buildings AVIiere Own ers Hefuso to Do Repairing Are Vacant and Homes Are in Demand for Leasing. F-urlng the course of a report filed with the Portland Kcalty Board re cently. G. G. ltohrer. chairman of the committee on rentals, predicted that the time is not far off when increased rents are to be expected. lie said a general summary of present rental con ditions indicates an improvement throughout Portland and vicinity. On the particular subject of business leases, J. Fred Staver, another member ELHl RST CLl It of the same committee, reported that there is a healthy demand for the. good downtown locations, but that loft spaces and Jobbers' quarters were not filling up rapidly. Mr. Staver said that the feeling among rental men over the present situation was better than it was some time ago. Hsnri Are Being; Leaned. "There'appears at the present time quite a demand on the part of house hunters for leases on residence prop erty, ranging from one to two years in length, at the present low rentals." said Mr. Rohrer in his report, which bore more especially on residence prop erty. "However, very few leases are being made on this basis, the expecta tion being that improved conditions will bring better rents In the early Spring. "The rental situation in the high class residence districts is very satis factory. In Irvington. I-aurelhurst. Ladd's . Add Ition and Mount Tabor few good properties are found vacant, while on the West Side there are practically n vacancies except where properties arc run down and owners will not make repairs. On account of the activities of the new shipbuilding Industries in North jind South Portland, few vacan cies will be found in either of those localities. "A report Just received from the Portland Railway. Light & Power Com pany advises that a recent count by the crews on their carlines throughout the city showed a total of 1867 vacancies in both stores and residences. "They report a filling up of houses in the following districts: St. Johns, Cniversity Park. Portsmouth. Alberta. HI clinind, Woodstock, and along the Mount Scott line, which takes in sec tions of the city south of Division street and north of Prescott street. These sections are increased more by the working clas-naof peopl. which is a credit to our manufacturing and in dustrial lines. Oregon City, as a mat ter of comparison, contains practically no vacancies. The total number of lighting installations on December 31. II' 15. for both electric companies, was 33.0H2. while the total as of September 30. lfllS. is 34.611. showing a net In crease of 1510. tim I irrt Increase. "The Portland Gas & Coke Company report, covering the period between January 1. 1916. and November 1, 1916. shows the following: "Total number customers January 1, 43.480; total number customers Novem ber 1, 45.079. increase, 1699. "In a house-to-house solicitation made by the company during the Spring of this year, it was noted that n)ost of the vacant houses were of the poorer class which are still among the list of vacancies. "A partial investigation of the con dition of the apartincnt-house situation is shown by the following: "Five leading apartment buildings on the West Side show apartments all full with the demand largo, waiting lists established, rents decreased only on court apartments, while in many cases 'increased on other apartments. "On the East Side the investigation shows apartments filling up with the conditions practically the same, as to rents and dema nd." Pendleton Lund Prices Ilislier. Swanle Anderson has contracted to sell to Duncan McDonald a parcel of 706 acres of land lying about seven miles west of Pendleton for the sum of $35,000, says the Pendleton Tribune. One thousand dollars was paid down to bind the sale. This land, which lies In the dry farm district, has in the past been '-alued at around $20 an acre. Iianeli Sells for $10,000. Moses Taylor has sold 360 acres of choice land lying south of Athena, Or., to J. A. Lumsden for $46,000. says the AVestern Leader. Tho place includes part of the old Morisette and Jerry St. Denis reservation holdines. An Institution Though large, old and strong, the National is absolutely free from any entangling financial in fluences. It has no real, implied or sym pathetic connection with any inter ests other than those of its own policyholders. The National does not own a dol lar's worth of stock in any" institu tion of any nature; therefore it is Men and Women of Good Character Wanted as Agents. WM. GOLDMAN, General Manager, 209-210 Oregonian Building. This Spacious A BARGAIN NOT it:-- ' .'s vr5l Si. ,; sTV- 5.-'-,'' " nranir altn nr Corner East 3Mb, and Klickitat Streets. Rose City Park. Sole reason for selling, owner movinsr East. One of the choice home places of Portland, built by tho owner. Two and a half lots, level and all in good lawn. Fir, dogwood and maple trees: roses, broom hedges, etc. House, nine Targe looms; largo living-room, with fireplace and bookcases; tiled entry; plate glass in front windows: beautnul tiled bathroom: breakfast room: large pantry; sleeping porch. 10 by 2S feet. Full-length mirror in every bedroom. Larce closets, all "with windows. Full-size cement basement. Lp-to-dale water heating plant. Hand-wrought electric fixtures. Kitchen with range and hot water heater. Also a detached building, finished same as houe. suitable for office, hi 1 1 tard-room, den, etc. Everything complete, including screens and awnings, as a home should be, and all in perfect condition. Price $9000: cash required. $.1000. Deal with owner and share in agent's commission. Phone for appointment. Tabor 3631, or address 707 East fclh St. North. No agents. No trades. SPRING TO SEE WORK Modern Club Structure to Rise in Laurelhurst Soon. COST WILL BE $40,000 Many Innovations Mill lie Intro du(Td In Construction and 1 100 Persons Cun Re Accommo dated at Entertainments. Construction of the new home of the Laurelhurst Club adjoining the present clubhouse on Kat Ankeny street, oppo site Iaurelhurst Park, will begin early in the Spring. Plans for the now building, which is to cost appro i ma tetly $40,000. have been completed by Luciu & Martin, arthit'-cts. and now are on exhibition at the clubhouse. The new building is to he two stories high, with full cement basement and an attic that will form a part of the ventilating ystern. The club will have a frontage of 1-6 feet on Kast Ankeny ftrcet, and bo surrounded on llii'fo sidew by a 13-foot balcony. It will be but It Hush with the present building, which has an S0-fot frontage, and the ball ony will be extended across th entire front. It will be decorated with potted plants and tlower boxes con forming with the lloral decorations on the lawn. Innovation to Be Introduced. Many Innovations are to be intro duced in the clubhouse, principal anions which will be a ereat dancehall the second Moor. The Moor will be of maple, and will be 0 by 1 00 feet ex clusive of the stage, which will bo I'O by 30 fert. Dressing-rooms a t tai bed to the stage will make It possible to use the hall for theatrical entertain ments. A series of French glass win dows will open from the dance tlonr onto a wide balcony across the full front of the new hull. line:. It will thus be possible to throw the entire hall open to the outwide air. A wide con crete walk, connecting with the hall through ornamental doors, will lead onto the earthen embankment back of the building, and will serve as on effective tire er-cape. One important detail that is ex pected to attract Jtitich favorable at tention is the ample facility for check ing hats and wraps. The dressing rooms on the main floor will aeom moda te J 0 men and -."0 women, and will he used by the regular daily vis itors to the house. On the mezzanine floor will be dressing-rooms for 300 men and "00 women, which can be used in connection with those on the main tioor for patrons of the dancehall. An aggregate of 1100 pople thus will be cared for at one time. Individual coat hangers and Individual umbrella racks will be provided. Dressing tables, mirrors and other facilities will be placed in the women's rooms. Club la On Main Kloor. The club proper will be on the main floor. The library, louniring-room and cardroom will be accessible direct from the main entrance. Against the rear wall of the lounging-room will be a huge open fireplace. An office, tele phone booth and information bureau will be maintained convenient to the main entrance. Intercommunicating telephones will connect with all parts of the building. A pool and bi lliard room, a committee-room and trophy room, as well as the private quartern of the superintendent, will divide the first floor tfpace. The present clubhouse will open di rectly Into the new one and will be used as a handball court and gymna sium. The lockers and shower baths on the east end of the present house, which serve the tennis players, will be maintained there. The Laurelhurst tennis courts, by the way, are among the best equipped in Portland, and were completed last Summer at a cost of $4300. Many championship contests have been played there. The great attraction of the basement will be the swimming pool, which will be open the year around. A set of dressing-rooms and lockers to accom modate 150 men and ISO women will be. provided. Seats for spectators will be Without Strings not dependent upon any other in stitution, nor is any other institu tion leaning upon it. With the independence of action resulting from this condition comes stability, investment safety, and a safr average of earning power and earning power, plus safety, means everything to the policy holders who own this mutual company. Home for Sale A SACRIFICE s built around tho tank. Sfam rooms and hair-dryins rooms will Rive addi tional service to the swimmers. Kltrhrn to Be Kxlrnnlvr. The basement also will house the kltrhrn. bowling- alloys and laundry. The kitchen is to be utilized in con nection with entertainments at the club, and will be bijf enough to serve a banquet of 1'jO plates. The extreme west end of the first floor will be converted into a combi nation ballroom, assembly-room tnd banquet hall. It will be equipped with a maple lloor for dances. Its dimen sions will be ;H1 by o0 feet bii? enough to aeoommodate a good-sized party. -As a banquet-room it will seat, comfort ably, j;0 persons. Bubbling drinking fountains will be installed in various parts of the building-. The water will tlow through colls in a jrreat ire tank, and thus will be cool at all times. Many other rhodern conveniences and improvements will be installed. The clubhouse, when completed, will be the tinest private communilj- club on the Pacilic Coast. Plans for financing the project have been completed. Members of the club will make direct rash subscriptions In small monthly installments, covering a. period of one year. In this manner fully half the required sum will be raised. The balance will be paid from the regular proceeds of the club. It is estimated that the entire debt can be lifted within three years after the club is completed. Klamatli Lrftt Itir-iactl. KI.AMATH FALLS. Or.. Nov. SS. Imperial. t'ofer Itros.. of this city, have purehascd 50 feet of property on the north side of Klamath avenue ad joining the l.amb property, whieh lies at the corner of Sixth street. The pur chase was nucdo from VJ. V. White, of this city. t'ofcr Bros. contemplate, crectinn an up-to-date brick structure i'n the property next Spring, in which they would have their office and cab inet shop. In Northern India sheep are used an beasts of burden. They carry a. load of pound each. Directcnp of Prominent Life Insurance A fancies $1 ember of Life Underwriters' Associatioi of Oregon Win. Goldman. General Mimcor .illU.AL UKk J Vh.HMO.NT. ot-avjBl.n uld(. H. i. i'o.tuu. Manager, MAssAcntsti is mliuai, i.irm, Chemoer of i'oiiiuicrce iilds. B 1 liai-iiia. Manager. FB.W Kt itAL 1.1 1- tl. NtirinHtKtt-rn Hank iiiug. Horace Mrcktem. Man. tear. new knui.a.ni, Mt.ii.Ai. tirm. urthi-aivrn liatilc iilris. G. M. fcUocum. Xlar.. BEUAVTK LIKE INC. CO.. IMtt,hor Morgan tildg.. Portland or. 8. P. Lockwood, Vtce-I'rea. and Geo, Ma CuLtaHIA 1. 1KB TRLSI CO. OJ Stcveut H.dg. petl!e-Groeenia r Co.. General Aga.lA THK TKAVSLKH INK. CO.. S03-810 Wllcex B.dg. E W. Amnbur). Manager. NORTHWESTERN MUTUAL I.IHB INS. CO. North eeiern Hank lildg. Judd Lomrey. bupt , AMERICAN CKNTKAL. I.I KB INS. CO. 719 bckum Bldg. John Pauer, Eyupvrlutendent. THE fKL'liKNTIAL INSt.'HANCB CO, H1 Northiveatern Bank Bids'. T. H. McAlUa. Mgr. UNION MUTUAL Lltki l.Na. 00 Board of Trade Bldg. Edgar W. Smith, Manager. EQUITAbui I. IKK As.i KaM ' SOCIETY, goa Oregonian Bldg. D C. Herrtn. General Agt.. COLUMBIAN NATL, LIKE LN3. CO. 005 Spalding Btda State "Members Portland Realty Board The following real estate men are the accredited members In their re spective cities of the Portland Real ty Board. None of these sought membership, but were selected after a canvass of the available men in their line. If you have a real estate transaction in any of these cities or wish information, rite them: Aatoria Astoria Harbor Imp. Co. Bend J. A. Estes. Itoseburs W. A. Bogard. BUILDERS SUPPLIES and HOME SUGGESTIONS J. C. ENGLISH CO. LIGHTING FIXTURES E. leelagr aad I'nlaa Avenwe. 'ctvry to Ceuinrr. Paeate K. 1243. o UK There Is a Good Paint House in Portland TIMMS, CRESS & CO. 1M iLCUMt kl'UJtT. ft