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About The Corvallis gazette. (Corvallis, Or.) 1862-1899 | View Entire Issue (July 17, 1891)
VOL. XXVIII. i COKVALLIS, BENTON COUNTY, OREGON, FRIDAY, JULY 17, 1891. SETTLE UP. Mr. Eil Greffoz having purchased the busi neis ia this city of his father, desires that all knowing themselves indebted to P. P. Greffoz call aud make immediate settlement as he wishes the old accounts squared up. NOTICE FOR PUBLICATION. Land Office at Oregon City. Or,, ) June 11, 1891. Notice is hereby given that the following named settler has filed notice of his inten tion to make final proof in support of his claim, and that said proof will be made be fore the county clerk of Benton county, at Corvallis, Oregon, on August 4, 1891. viz: .Tames I. Taylor, homestead entry No. GG60. for the n w J of n w i Sec. 6, Twp. 12 S, U. 6 W. He names the following witnesses to prove liia continuous residence upon and cultiva tion of, said land, viz: George Green, Wm. H. Green, Chan. Herron, Leonard Herron, all of Phiiomath, Benton Co., Oregon. J. T. Apperson, llegister. NOTICE OF rINAL SETTLEMENT. In the matter of the Estate of Wm . Bladeett. deceased. Notice is hereby given tnat ine nnaer signcd has filed his fiual account of said es tate as executor of the last will and testa ment of said William Blodgett, deceased, iu said court for final settlement of said es tate and that 8 lid court has fixed Monday, the 6th day of July, 1891, at the hour of 11 o'clock in the forenoon of said day as the time and place for hearing objections to said final account and final settlement of the same. R. B. Blodgett, Executor of the last will and testament of Win. Blodgett, deceased. Dated June 4, 1891. NOTICE OF FINAL SETTLEMENT. In the County Court of Beuton county State of Oregou. In the matter of the Estate of B. S. Ward. deceased Notice is hereby gi?en that the under signed hits filed her final account of said estate as administrator of said estate in said court for a final settlement of said estate and that said court has fixed Saturday the 8th day of August, 1891 (it being a day of the rugnlar August term of said court) at the court house in the city of Corvallis in aid county at the hour of 10 o'clock in the forenoon of said d-iy as the time and place for hearing objections to s;iid final account and a final settlement of the same. Dated July 9, 1S91. S. J. Ward, Administrator of' the Estate of B, S. Ward, deceased. NOTICE FOR PUBLICATION. Land Oftiok at Rohkburg, Or., -- - - .June 2, 1891. NOTICE I HEREBY GIVEN THAT the following named settler has filed notice of her intention to make fiual proof iu support of her claim, and that said proof M ill lie made before the Judge or lllerk of the County Court of Beuton county, Or., at Corvallis, Oregon, on Saturday, July 25th, 1891, viz: Ntwicv Dickson, pre-emption D. S. No. 6448. for the S. W. J ot S. E. J. N. E. J of S. W. i and W. 4 of S. W. of Sec. 4, Tp. 14 S., J I. 8 W. W. M. She names the following witnesses to prove her continuous residence upon aud cultiva tion i.f, said land, viz: J. C. Polly, Charles Evans, Henry Mires, aud Charles Hayes, all of Alsea, Benton county Oregon. John Shcpe, Register. NOTICE 10 CONTRACTORS. Notice is hereby given that the County Court of Benton county, Oregon, will up to the 5th day of August, 1891, receive sealed bids to furnish alt material, build and con struct, erect and complete, a bridge across Mary's river known as the "Hartless bridge" near Philomath, Oregon. Plans, specifications and strain diagrams, to ac company each bid. Ech bidder shall de posit with his bid ten per cent, of the amount thereof which shall be forfeited to the county in case the award is made to liim, if he fails, neglects or refuses to enter into contract and file his bonds (in an amount to be determined bv the.- court) within two days after such award is made. The said bridge to be completed by the 10th day of September, 1891. The court re serves the right to reject any and all bids. Dated at Corvallis, Or., July 13, 1891. B. W. Wilson, County Clerk. ADMINISTRATOR'S SALE OF REAL PROPERTY. In the matter of the partnership estate of Belknap Bros., Belknap Bros. & Kenuedy, Belknap Bros. & Kennedy Bros. Notice is hereby given that in pursuance of an order of the county court forBenion county, state of Oregon, made on the 11th day of "July, 1891, iu the matter of said estate of Belknap Bros., consisting of E. M. Belknap and S. E. Belknap (deceased) as partners, and Belkuap Bros. & Kennedy, consisting of E. M. Belknap aud S. E. Bel knap (deceased) and G. W. Kennedy as partners, and Belknap Bros. & Kennedy Bros., consisting ol E. M. Belknap and S. E. Belknap (deceased) and G. W. Kennedy audit. K. Kennedy as partners, the under signed, the administrator of said partner ship estate will sell at public auction to the highest bidder, for cash, gold coin of the United States (aud suject to confirmation of said court) on Saturday the 15th day of August, 1891, at 11 o'cl'rck A. M. of said day at the court house door iu the city of Corvallis, in Ben ton connty, stale of Oregon, all the right, title, interest and estate of said partnership estate being the fee simple in and to all the following described property to-wit: The N. VV. i of Sec. 6, iu Township 4, S. R. 5 E. Will.. Mer., situate in Clackamas Co. Or.; also lota 7, S, 9, in block 1 of ori ginal town of Marysville (now city ot Uor vall's) in Bentou county, Oregon. Together with the foundry and machine shops situat ed thereon including all detached property. appurtenances and fixtures in ana about said foundry and machine shops, such as blacksmith tools,, grindstones, moulding tools, safe and office fixtures and all move able tools and appurtenances thereto be longing. . E. M. BELKNAP, r AJm'r of said partnership Estate afore- ' said. Dated July 16, 1891. HOW'S THIS! We offer One Hnndred Dollars reward for any case of catarrh that cannot be cured by taking Hall's Catarrh Cnre. F. J. CHENEY & CO., Props.. Toledo.O. We, the undersigned, have known F. J. Cheney for the last 15 years, and believe him perfectly honorable in all business transac tion, and financially able to carry out any obligations made by their firm. West & Truax, Wholesale Druggists Tole do, O., Walding, Kinnan & Marvin, Whole sale Druggists, Toledo, O. Hall's Catarrh Cure is taken internally, acting directly upon the blood and mucous surfaces of the system. Testimonials sent free. Price 75c. per bottle. Sold by all Druggists. At the regular meeting of Valley Lodge K. of P. last Monday night, the following officers were elected for the ensuing year: Robert Johnson, P. C; E. F. Pernot, C. C; Geo. Fish, V. C; W. Paul, P.; Jesse Spen cer, M. at A.; Chas. Young, O. G. The Plupit and the Stage. Rev. F. M. Shrout, pastor United Breth ren church, Blue Mound, Kan., says: '"I feel it my duty to tell what wonders Dr. King's New Discovery has done for me. My lungs were badly diseased and my parishioners thought I could live only a few weeks. I took live bottles of Dr. King's New Discovery and am sound and well, gaining twenty six pounds in wsight." Arthur Love, manager Love's Funny Folks Combination, writes: 'After a thorough trial and convincing evidence, I am confident Dr. King's New Discovery for Consumption, beats 'em all, and cure.- when everything else fails, the greatest kind ness I can do my many thousand frieDds is to urge them to try it." Fre trial bottle at Thns. Graham's drugstore. Regular sizes 50 cents and $1. The Advance is the name of a new paper started iu Eugene by Adams & Alexander, devoted to the interests of the farmers' al liance movement. THE OREGON STATE FAIR. The prospects for a good State Fair were never so flattering as they are this year. The premium list has been revised, and in many important points the prizes have been increased. The entries iu the speed depart ment are the largest and best in the history of the fair. The state fair is under the management of the State Board of Agricul ture, aud over $15,000 in cash is offered in premiums for exhibits of stock, poulty, ag ricultural products, fruit, etc.. works of art and fancy work, and for trials of speed The board is making every preparation for a great meeting. Many valuable improve ments have been made, aud the grounds have been cleared up aud greatly beautified. Electric and horse-car lines now run from Salem to the grounds. All persons wishing a premium list for the fair of 1891, can ob tain it by addressing J. T. Gregg, the sec retary, at Portland, Oregon, or Geo. W. Watt, assistant secretary, at oalem. ine fair begins on the 14th of September, and will last one week. Send tor a premium list and prepare something for exhibition this year. TU . f Pl,;ii W.h mil Iri'xlroil 111 at MnnrliLv niirtifc whilfl trvinff to take a horse J r- f a out of a barn during the fire. Bucklen's mica Sal ve. The best salve in the. world for Cuts, Bruises, Sores, Ulcers, Salt Rheum, Fever Sores. Tetter. Chapped Hands, Chilblains, Corns, and all Skin Eruptions, and posi tively cures Piles, or no pay required. It is guaranteed to give perfect satisfaction, or money refunded. Price 25 cents per box. For sale by lhos. liraham. The ladies of the Ladies Coffee Club came to the rescue after the fire last Monday night with some excellent coffee. When Baby was sick, we gare her Castoria. When she was a Child, she cried for Castoria. When she became Miss, she clung to Castoria. When she had Children, she gave them Castoria. TO ALL AGENTS. Cobyallu, Oregon, July 13, 1891. Freight and passengers may be received for Coe, 138 miles east of Taquina, to go forward from Al bany, Wednesday, July 15lh and Saturday, July 18th, and every Wednesday and Saturday thereafter until further notice. Freight charges will be based on the above mileage and distance tariff, No. 0. All charges must be prepaid. Local passenger tariff as follows: BBTWBEIf. BKTWKKH. Yaquina and Coe. .$ 5 25 Philomath aud Coe i 2 88 Mill No. i S 31 Corvallis 2 67 2 42 2 18 1 90 1 73 1 46 1 3 1 05 76 65 47 40 Toledo 5 1G 4 90 4 80 4 m 4 40 4 03 3 88 3 68 3 46 3 27 3 17 Waldrum Albany Maxwell Munkers Bates King's Lyons Mill City Gates Brown's Mill Halstead Siding No. 1 Klk City Chitwood Little Klk Norton's Nashville Summit ' Blodget Harris Wren's BOUND TRIP RATES. Corvallis to Brown's Mill, or Halstead $4.25. Corvallis to Coe 5.00. Albany to Brown's Mill, or Halstead s.Jo. Albany to Coe -00 Yours truly, C. C. HOGUE, G. F & A. P. NOTICE TO CREDITORS. In the matter of the estate ) of Marion Cooper, deceased. ) Notice is hereby given, to all persons con cerned, that the undersigned have been duly.appointedexecutors of the last will and testament of M inoa Cooper, deceased, by the County Court of Beuton county, Ore-. gon, and all persons having claims against said estate are hereby required to present the same to us, -duly vended, at the resi dence ot Thomas H. Cooper near Corvallis, in Benton county, Oregon, within 6 months from the date hereof. Dated July 17th, 1891. Thomas H. Coopkr, George Cooper, Executors. LOCAL NOTES. The Pacific will wash anything without soaking or chemicals. H. S. Brassfield is again employed in J. M. Nolan's clothing store. New invoice of those black and colored corsets at the Ladies' Bazar. There is every indication that fine weather will prevail until after harvest. FredJTates spent Sunday in Crawfords ville. He reports crops fine in that section. A family's weekly washing done perfectly white as snow iu twenty minutes by the Pacific Buy a Pacific for yonr wife and she will greet you with a smile when you go home wash day. J. W. Will is prepared to furnish bicycles of all kinds at the lowest prices. Also bicycle extras. The city marshal requests that the grass growing in some of the back streets be im mediately cut down. Boys may be had (and sometimes girls) for ordinary service at wages, or upon in denture,to work, attend school, and be brought up somewhat as your own; and children may be had for legal adoption. Address, E. T. Dooley, Supt. Oregon Boys' and Girls' Aid So ciety, Portland Oregon. A Long Journey. Monday evening a travel stained pilgrim from the "other land," driving a pair of gaunt, weary mules attached to a dilapidated wagon arrived in this city. He had been a resilient of North Dakota, and his crops were ruined this year by the late frosts which that country is fa mous for. He and a neighbor left there and traveled overland in a wagon. They were in search of the "better land" they had heard so much of and were determined not to stop till they had fouud it and they did find it. One of the men went to work near Lebanon and the other came here. About the first man he accosted was Uucle Jimmy Hayes, of whom he inquired for work. Mr. Hayes happened to know that Geo. Houck wanted a man and in less than half an hour after his arrival here he had work. This is the kind of men we need here, who have the nerve to start out to better their situa tion and after finding a favorable place aie willing to settle down and go to work. They will probably send for their families. The trip occupied between 80 and 90 days. They are both surprised and pleased with our country the universal verdict of all new comers. CHANGES OF CLIMATE Kill more people than is generally known. Particularly is this the case in instances where the constitution is delicate, and among our immigrant population seeking new homes in those portions of the West, and where malarial and typhoid fevers pre vail at certain seasons of the year. The best preparative fur a change of climate, or of diet and water which that change neces sitates, is Hostetter's Stomach Bitters, which not only fortifies the system against malaria, a variable temperature, damp, and the debilitating effects of tropical heat, but is also the leading remedy for constipation, dyspepsia, liver complaint, bodily troubles specially apt to attrack immigrants and visitors to regions near the equator, marin ers and tourists. Whether used as a safe guard by sea voyagers, travelers by land, miners, or of agriculturalists in uewly popu lated districts, this fine specific has elicited the most favorable testimony. The Megginson Case Ended. In the Megginsoa contest case which was tried in the county court last winter, and the decis ion of which was appealed to the circuit court at its April term, has been settled in favor of the defendants; the decree of the circuit court being that the connty court from which the appeal was taken committed no error in its findings or fact or conclu sions of law, and that said estate be settled according to the final account of Adminis trator Briggs, and that contest be dismissed at the cost of the contestants. It will be remembered that Megginson died at the bay last winter and left hi property, in all amounting to several thousand dollars, to his wife, who was an Indian woman. His relatives in the East contested the case on the ground that his wife was not a citizen of the United States and that she could not legally hold the property. The courts think different however. Local Organization. It is known by most all that there is an association known as "The State Business Men's Association" which has been organized for the protection of the business men in the state in which it exist 8, and in case a man is bad pay he is re ported to this association and bis name is published on the list of debtors which is forwarded regularly to the members of said association ar,d kept by them for reference. The business men of this city will meet at the First National bank next Monday and organize a local association of the same na ture. . A New City Hall. Steps were taken in the city council at their meeting last Monday night for the erection of a new city hull tn pnt not exceeding 28000. and a com mittee will be appointed to have plans and specifications drafted at once. The struc ture will be mads of stone and brick and work will be commenced in a short time. This building will add greatly to our al ready large list of public structures. VT rln,t- n fha nnhli T wish to 8SV A'J I ' " " - - - to my friends and the public, that I regard ru..nKoin;n'a iv.br. cholera and Diarrhoea Remedy as the best preparation in nse for Colic and Diarrhoea. It is the finest sell ing medicine I ever handled, because it al ways gives satisfaction. 0. H. Clark, Orangeville, Texas. For sale by T. Gra ham, druggist. For Bird cages and extras go to J. Wm: Will's. For first class grub-oak wood, go to J. Wm. Will's. J. Wm. Will leads in pocket knives, razors and scissors. ChildrerrCry for. Pitcher's Castoria.' THE OEEGON PACIFIC E. B. A Little Light on the Affairs of this Company. The following article published in Thurs- day's Oregonian will throw some light on the affairs of the Oregon Pacific Railroad Company and will be of interest to the many readers of the Gazette. The New York Herald says that war has been declared among the bondholders ot the Oregon Pacific railroad, and asks where are the bondholders of the $11,000,000? The first gun was fired, says the Herald, when Bondholders Joseph Wharton, Samuel S. Sands, John 1. Blair, Alexander Browa and Dillwyn Parrish printed an advertisement calling upon all other men who held the com pany s bonds to join them in an ettort to oust Receiver and ex-president T. Egeuton Hogg aud his associates from control of the enterprise. The advertisers claim that $15,000,000 worth of bonds have been eaten up in the process of buildiug and equipping less than one-fourth of the railroad whose total length shall be COO miles ana whose total cost was estimated not to exceed $15, 000,000. Receiver Hogg aiul his partners declare that the $15,000,000 worth of bonds already issued under their administration has ben legitimately used in building tne road. Both sides have settled down for a long siege. Whoever wins will have control of a railroad that runs through a rich coun try and has no parallel road to tight. The territory it serves and is to develop is almost as large as the states of New York and Pennsylvania together, full of minerals and iucludinga vast belt of splendid farming country. The road begins at Yaquiua, a town on Yaquina bay which is upon the Pacific ocean. Thence it runs eastward over the Cascade mountains at an altitute of 3400 feet. At present the eastern terminus of the road is the new city Coe, named after President George S. Coe, of the American Exchange National bank. Coe is 140 miles from Yaquina. The 460 miles of road still to be built between Coe, Ur.. ana uoise ity, just across the state line wdl be easily ac complished it is said. In the meantime, war is rasing between the bondholders, and the question as to what became of the $ 15, 000, 000, promises to lead to many interesting revelations. The Orecon Pacific railroad company was organized in 1880 with a capital stock at the rate of $30,000 a mile. Colonel . cgenton Hogg has been, from the beginning, oue of the prime movers iu the enterprise. He was largely instrumental in obtaining the land grant 850,000 acres on whish the $15, 000,000 worth of bonds has been issued. This grant was originally owned by tne Willamette Valley and Cascade Mountain Wagon Road Company, who gave to the Willamette' Valley k Coast Railroad Com pany the Tight to become owner oi tne lands on pavfneut of 8600,000. This pay ment has never been made, although a-teu-der has been made. The Oregon Pacific Railroad Company owns more than seven- eights of the capital stock of the Willam ette Valley & Coast Kailroaa company. The hundred aud forty mites of railroad T -1 - f iL. I k ' 1 . now in operation was ouuo oy tuexacuic Construction Oouipauy, it is understood. WHO TUB "KICKERS" ARE. Joseph Wharton is one of the wealthiest financiers in Philadelphia. Samuel S. Sands & Co., brokers, of No. 10 Wall Btreet. James I. Blair is closely related to and represents Jonn J. Blair, of Blairstown, N.J., whose wealtb is said to De as great as Jay Gould's. Alexander Brown is the head of the firm of Alexander Brown & Sons,, bankers, of Baltimore. This is the parent house of Brown Brothers & Co., of New York, and Brown, Shipley & Co,, of London. Dillwyn Parrish is ot tne tirni ot Parrish & Peudleton, counsel to the bond holders who published yesterday's adver tisement. In it they say they represent holders of $4,000,000 worth of Oregon Pa cific bonds. They call upon other bond holders to join them iu a re-organization scheme, which shall oust Colonel T. Egen tou Hogg aud his fiiends from control. It is a fact that on October 1, 1880, the Oregon Pacific Railroad Company gave a mortgage to the Farmers' Loan anil Trust Company to secure the paymeut of $lo,000,003 worth of bonds, the proeeds of which were to be used in building and equipping the road. The bonds were for $1000 each, bearing in terest at 6 Der cent, aud "limited in issue to $25,000 per mile of said railroad." Default was made on coupons uue uctooer x last, and President T. Egeuton Hogg was ap pointed receiver. WAR TO THE KNIFE. In yesterday's advertisement the protest ing bondholders say: Bv the fourth article of the mortgage of October 1, 1880, the railroad company bound itself to sddIv the net proceeds arising from the sale of the bonds iu the first place to the liquidation and discharge of the en cumbrance, amounting to about $600,000, upon the land grant, and the same article further provided that the proceeds of the first issue, to the extent of $3,250,000 principal, should be appliedin the first place to the satisfaction of the said incumbrance on the land grant and the construction and equipment of the first 130 miles of road, and the bond, which is set out in full in the mortgage, further declares that the issue of bonds is "limited in issue to $25,000 per mile of the said. railroad." In fact, the encumbrance on the laud grant has not yet been paid and ouly 140 miles of road have been completed, while the entire $15,000,000 of bonds have been 'issued and are ontetnading in the hands of purchasers and pledgees. In view of these facts the holders, uniting in this agreement, do not think it wise to leave the reorganization iu the hands of the old management, as contemplated by the nlan eminatim from the officers of the com pany, for which signatures are now being ""Mr." John I. Blair and Mr. Osgood Welsh, whose names, like that of Mr. Alexander Brown, have been published as directors, either despite their protest or without their knowledge or authority, authorize us to say that they uuite in this movement. THE DIRECTORS. Here is the full list f the directors of the road, according to Poor's manual: John I. Blair, Blairtown, N. J. Osgood Welsh, No. 41 Wall street, New York. . . Norman S. Ben tley, third vice-president, treasurer aud assistant secretary. No. 45. William street, New York, H. C. Atwood, George S. Coe, president of the American Exchange National bank, New York. R. S. Minturn, No. 45 William street. R. G. Hazard. Peacedale, R. I. Alexander Brown, Baltimore. William M. Hoag, vice-president, Cor vallis. Or. T. Egenton Hogg, president. Also Wallis Nash, B. W. Wilson, Thos. Graham, Zephiu Job, G. Farra, T. E. Cauthorn, li. R. Job, E. A. Abbey and A. Stackleman, all of Corvallis, Or. THE ANSWERING GUN. The Oregon Pacific railroad company has a pleasant suite of rooms at No. 45 William Street. Receiver aud ex-president T. Edgenton Hogg was thete yesteiday morn ing, but went away very early. Later iu the day Norman S. Bentley was found in charge. He ia treasurer, assistant secretary and third vice-president. When asked what he had to nay to the proclamation of the dissatisfied bondholders he handed out the following carefully prepared statement: Wepre inforrried that Mr. Joseph Whar ton and others, claiming to represent $4,000,000 of the $15,000,000 of the bonds of the Oregon Pacific Railroad Company must include in their $4,000,000 a large por tion of the bond) held under pledge, on which only a percentage of their par value has been advanced. The claim ofthese gen tlemen, however, to represent that much is a confession that they do not represent the remaining $11,000,000, the grester portion of which is held by actual purchasers. Ail of the real holders of the bonds which these gentlemen claim to represent have been completely advised with in respect to the entire financial position of the company, and with respect to the issue and the reason for the issue of the bonds outstanding, either in the hands of a purchaser or a pledgee, and said real holders have repeatedly and continuously approved the action of the company in respect to all of such issnes. Respecting the failure to pay the advance of indebtedness ou the lands, the amount due was tendered and performance demand ed from the claimants of said balance, which performance they have been unable to make thus far, and, therefore, such pay ment was, by the circumstances rendered impossible. The failure of two of the gentlemen whose names are signed to the paper, and of Mr. John I. Blair, to whom they refer, to re spond to the request of his and their fellow bondholders tor co-operation in protecting the interests of the company, is and has been a sufficient explanation for the company's' embarrasmeuc. The insinuation contained in the statement that the mortgage contain ed a limitation of the issue to $J5,000 per mile of completed road is an attempt to mis lead the public, all of the bondholders hav ing been fully advised of the rights and ac tion of the company from the first. The quotation from the bond, by which they attempt to sustaiu their insinuation, is merely given in the bond as a measure of the entire amount of the mortgage, aud not of the right to issue bonds per mile, as all purchasers of builds were advised that the heavy expenditures oj company were necessary at aud before the commencement of the work. Iu respect to the publication ef the names of directors, Mr. John I. Blair gave abso lute consent to his election as a director Mr. Osgood Welsh not only accepted the oliice of director but as a specially appoint ed director acted for a term of years iu the place of the president, in his absence, in countersigning the checks and vouchers of the company, for him. Mr. Alexander Brown was elected as a compliment on the death of his father, General George S. Brown, and never declined the oliice uutil, partly iu consequence of his wu refusal to co-operate with the great mass of the bond, holders in protecting the property of the company, it had become embarrassea. It is due to the great mass of holders of the secureties of the company to say that some of the gentlemen who permitted their uams to be used in connection with this ad vertisement have very large interests in other companies, which interests might be promoted by a sacrifice of their interests in the Oregon Pacific Railroad Company. tit 4. ...1.1 .......I tl.Qf. " aiirl Mr. Beutlev. He would not give tli3 name of any man mentioned iu the last paragraph as oue of those who might desire to see the Oregon Pacific wrecked. AS TO THE TRUST COMPANY. The reporter asked President R. G. Rils ton, of the Farmers' Lau and Trust Com pany, why that company had issued $15, 000,000 worth of bonds of the Oregon Pa cific Railroad Company to build 140 mUes of road while the bonds were limited to $25, a mile or $3,509,000 in all. "I must refer you to our counsel, Mr. Herbert B. Turner," said President Rats ton, with a smile as placid and urbane as if he had never heard of the hostile Whartou and Blair faction. Mr. Turner did not want to say one word at first, but finally he dic tated this statement: "The bond contains a provision that the bonds shall be issued not exceeding $25,000 per mile; it does not say of completed road. The mortgage states that the bonds are to be issued to the extent of $15,000,000 equal to $25,000 a mile for all the full ex tent of projected road. Now, the mortg age contains a provision that the trustees shall certify bonds and deliver them to the railroad company ou receiving certain cer tificates from the executive committee that the bonds are needed for certain specified purposes. The trust company, ou receiving such certificates, certified all the bonds from time to time aud delivered them to the railroad company. "The question is probably made as to the right of the railroad company to sell bonds at the rate of more than $25,000 per mile of finished road. I presume that the I railroad officials claim that the limit in the uonas oi $zo,uuu a nine uia not nieau com pleted road, because if it did then the pro visions of the mortgage as to issueing bonds ou these certificates would be meaningless, and that, reading the bond and mortgage together, the only construction that would reconcile them both is that the bond means $25,000 a mile for projected road." "Is it true that the Farmers' Loan and Trust Company hail a made tender of their certified check for the $600,000 due on the lands?" "As to the lands," he replied, "the trust company holds that it has tendered the amount due on the lands, and that the lands therefore, have been saved for the bond holders. BTRECTOR WEIjSH PBDTK3T3.' "I have iiot oufe word to say," saidBrokc'f Osgood Welsh, when asked if lwr was1 not m director of tlwj Oregon Pacific- "But your name is published as a direc tor." "Without my Consent' said Mr. Welsh.- HOW IS Hits, MR. WELSH? "Mr. Welsh's memory must have failed! him sadly," said Treasurer Bfefftley,- of the-' Oregon Pacific, when tltey told hint what Mr. Welsh had said. "I can show you let ters, checks, aud otter vouchers to prove that Mr. Welsh has acted for the president of the company, aud with his own cotisent, too. Some day, perhaps, I will give you the entire inside history of the present ditli1-" culty." here's RICHNESS'; "I never was informed of iriy election as: a director of the Oregon Pacific Railroad. Company uutil I read it in Poor's manual," said Lawyer R. S. Mmtrun. "I have never' acted as a director or received any notice to' attend any director's meeting. I have signed Receiver Hogg's reorganization agreement on behalf of myself and family, however We have faith iu the present management." Director Geo. S. Cc,- president of the' American Exchange National bank, is not1 oue of the Wharton-Sauds-Blair party. He? said, however, that he was in favor" ot any reorganization scheme that would protect the bondholders. "How do you account for this aTfeg'Sd' over-issue of bonds to the extent of $11,-' 000,000?" "Oh," he replied, "that Is purely tech nical." By bending a card in the shape of at letter S Mr. Coe made a tine topographical nap of the first 140 miles of the railroad, the building of which has called for the issue7 of $15,000,000 worth of bonds. From- this point to the end of the projected road,- Mr? Coe said the cost of building would be much? less. "Are you president of the construction? company that bu ilt the road?" - "I am not," was his prompt reply. "What is your interest, then, if t may ask?" "Simply that of a bondholder," said Mr. Coe. "I refer you to Mr. Bentley, whocaif give you full information. WHERE ARE TUB $ 1 1 ,000, OOOt- A gentleman who represents many of the-' disatislied bondholders said: Out of the whole issue of Slo.OOO.OOO1 bonds outstanding from $11,000,000 to HV 000.000 worth have been sold, and between? $7,000,000 aud $8,000,000 cash ln-.s been re alized. What h:u become of the ch.mIi? Five millious of the bonds have been pledg ed to secure a debt of about $3,000,000. Ten millions of dollars have been spent What is the result? One hundred and forty miles of road and a few miles of gradiiigr three small steamers two of them river" boats and there is a prior lien on one of them. Receiver T. Egeuton Hogg has is sued $800,000 worth of receiver's certitf cates. These take precedence of the bonds. Two million dollars have been spent in pay ing the interest on the bonds from time to time, and $1,600,000 in brokers' fees and commissions. Where are the $600,000 that were tendered to the present holders of the" land grant? Has the Farmers' Loan aud Trust Company got it? We want to know where it is. Experts who h ive baen over" the line have reported to us that the cost of building the 140 miles of road eould not have cost more than $4,000,000. be then, are the $11,000,000 left over? AGRICULTURAL COLLEGE NOTEi- Although it is vacation at the state agri cultural college for the students, there is no rest for the professors. Everything; about the institution is activity. Work on the new students hall for the" boys is progressing rapidly, the seven foot stoue basement is about one-half completed aud a large amount of the lumber and ma' terial is now on the grounds while the' balance is being prepared aud is on the way here. The chemical labatory to be situated1 about 300 feet south of the present college--building will be built this fall, the remain der of the building will not be completed1 until next year. The main college building is being over hauled, kalsouiiued aud a ueW itoor put iu the basement. The dormitory heretofore used for the' boys boarding " hall, is being pape e l throughout aud all the wood work painted, the contract having beeu iet to W. E. Pau' The building will he finished in elegant style by the time college opens next fall aud will be occupied by the girls in the future. Prof. B. L. Arnold left last week for California, for the purpose of visiting various agricultural colleges aud gathering poiuts on? the work of such institutions in the other states. He will be absent about six weeks The annual catalogue for 1801 aud 189:? is printed and will be out in a few days. On the farm workmen are busily engaged in harvesting the various varieties of grain, grass, etc., which have been experimented with during the past season, and they have gathered some very fine specimens to add; to their exhibit. As a result of this sea son's work on the farm under the direction of Prof. H. T. French, we are informed that 100 varieties of wheat, 150 varieties of grasses and fodder plants, 500 varieties off E)tatoes and about eight varieties of corn ive been grown and experimented with. Prof. F. L. Washburn is busily engaged in looking after the insect pests, the codliit moth, hop louse, etc., which at this par ticular season of the year require his closest attention. The results of his investigations will be made known iu the regulaf btrHethf which will be issued later in the season, and will be mailed free of charge to any ad dress. " E. F. Pernot, who was appointed" at the last meeting of the board of regents to' take change of the photographic departmentr ' enuarrod in photographing specimens,- eto.f for illustrations trr be used in httfletins1 soon to be issued. He has also- received at outfit for making- the cuts direct from ther photo plate, by a new process' of his- own iuveutiou. Albert Erwin, editor of the Leonard, Texas, Graphic, says: "For the cure of cramps- m the stomach Chamberlain's Colic Cholera, and Diarrhoea Remedy is the best and most speedy I ever used." Many others who have tr".ed it entertaiif the same opinion. For sale by 1, fcfabaKr, druggist.-