The Oregon daily journal. (Portland, Or.) 1902-1972, May 01, 1907, Page 3, Image 3

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    SIIII W HUH
THAT TOLL MONEY
k !-! Mmm
, Partners of Largest Brokerage
. Firm in the World Announce .
Firm's Retirement.
Appeal Filed Jn State Supreme
; Court In State vs. Port- r
- land Electric;
East Side Department Store
You Can AL
WAYS do BET
TER. ON THE
EAST SIDE
East Side Agests
BUTTEIUCK'S
PATTERNS
and Publications
CORNER !
v
than champagne
Grand Ave. and E. Alder St.
NORMOU3 LIABILITIES ' - '
' LEAD TO DISSOLUTION
TEN PER CENT OF NET -TOLLS
IS THE DEMAND
GATES GOMPAIIY
03ii;; ate
QUITS KISS
Better
Debt Aggregate $90,000,000 Part
j aen Charge That John W. Gates
Incurred Half of the Liabilities
liquidation of 'Debt Insisted Upon
1 ' (Joorial special Scrvica.) . .
Chicago, Mar L Th largest broker
S house la the , world, Charles Q.
Gates & Co.. Is to go out of existence.
The partners of the firm acknowledge
today that'' they: had " decided to quit
business.. Rumors to the effect that
Gates & Co. Intended - to retire had
; been heard, for some time, but members
''ftj ill W. " , .
I" v
- i
4 J-
I
t ,v
John W.;- Gates, Whose, Brokerage
Firm Hag Retired From Business.
ef the concern hid denied the reports
in emphatlo ; manner every . time the
question 'was put to any of them.
Past, denials and today's confessions
of liquidation are explained, by the re-
mark that when the reports were first
heard an acknowledgement of dlgsolu
v tion would have meant ruin fori the
house and a second panic on the stock
exchange. Cberlee- ;G. - Gates r A Ox
' owed approximately $90,000,000, - all of
which was represented 4n Wall street
deals. ' These staggering liabilities are
accentuated by the fact that grave die-
1) partners. Several of . the latter ob
jected not only to the enormous obliga
tions the firm had incurred, but also to
the manner In which the debt hadlfeen
piled tip.
It was charged that the chief special
"partner, John W. Gates was respon
sible for one half of these liabilities,
and It was insisted that this be reduced.
If not liquidated, . at once. . The de
termination of three general partners to
have a settlement made was the begin
ning of the end. New Tork bankers
scented the trouble and demanded that
the firm take up its loans.
New Training Station,
t (Joorntl Special Service.)
Washington, D C. May l.--Bids were
opened at the navy department today
for the construction of the proposed
naval training station for the great
lakes.' The station - will be built at
Lake Bluff, overlooking Lake Michigan,
a short distance north of Chicago. It
1s estimated that the station will eost
' In the neighborhood of $2.000,000..
That Trouble
of
May be CauscdNby
Nearly every physical ail can be traced to
a disturbance of the nervous system, caused
generally by some wrong food or drink that v
-j sets up the trouble.
' - The nerves telegraph to far away organs.
So ifpain or incipient disease show any- - : '
where
t'r TRY. LEAVING OFF CQJTLL "
TOR 10 DAYS
Postom .fjodid Coffee
You may locate your
- ' ( v
r . THLRL'S A
, .Read the famous little book, 'The. Road to Wellville,"
in pkgs.- Physicians call ir "a healthclassic'."7 ,, ,
Baaed on . Grant of Money by Legfo
-latare to Aid In Constructing the
.-. Locks and Canal at Oregon City
History of the Suit.
V "Special Dfpat te The Joonut)
" Salem, Or.. , May I. Another move
was made yesterday to force an ac
counting to the state for 10 per cent of
the net' prooeeds collected by the Port
land General Electric company for pass-
in freight and passengers through the
canaf and locks In the Willamette river
at Oregon City, "under art act passed Oc
tober 21, 1870.
. An appeal was yesterday filed by Attorney-General
Crawford with the : su
preme court In the case of the state of
Oregon plaintiff and appellant, vs.,, the
Portland General Electrlo company, de
fendant and respondent i ;
The complaint 'contains allegations
sufficient , to 'entitle the state, to re
over,, provided It has any rights what
ever under the act and acts amendatory
thereof and supplemental thereto, and
prays an accounting for and from the
year 187 ta 1906. , '
-, ' The KesponAemt's Demurrer. .
. The respondent demurred to the ap
pellant's complaint for an -accounting
prior to six years before an act of the
legislature filed In the of floe of the
secretary of state February 10.
which took-effect-May 81. 4868, for the
reason 'that the suit has not been com
menced within the time limited by tne
laws of the state of Oregon for bring
ing suit" .
Judge Arthur I rraser in the circuit
court for Multnomah county, sustained
the demurrer, and the plaintiff, not de-
slrine- to amend, on May 8, , II0S. en
tered a decree dismissing the complaint
History of the Canal Grant. ;
For the nurnose of building a canal
and locks on the west side of the Wll-1
lamette river at Oregon. City, tne wu
lamette Falls ft Lock ' company was j
Incorporated In.l8$ and the work was
completed January 1. 1878. In 1870 a
law was enacted appropriating 200.000
for the construction of the canal and
section I provided "that the issuance
and payment of the said bonds shall'
be made upon the express condition that
said corporation shall pay to tne state
of Oregon 10 per centum of the net
profits arising from the tolls collected
for passing freights and passengers
through said canals and locks, which
sum of 10 per centum of net profits
shall be paid Into the oommon schoel
fund of this state."
The Willamette Falls Canal A Lock
company on May 8, 1876, assigned , its
interests in the canal to the Willam
ette Transportation & Locks company,
which In August, 1898, sold and . as
signed Its Interests In the locks and
canals to the Portland General Electrlo
company. ' " ,,:'':-;
The state of Oregon is represented by
Attorney-General A. M. Crawford. John
C Manning, district attorney of the
Fourth Judicial district, end -William P.
Lord, formerly governor of Oregon!
Frederick V. Holman ' and Wirt Minor,
both of Portland; appear for the electrlo
company. ,. . Sf ,
COAL MINING COMPANIES
HAVE FILED ARTICLES
-.
(Special Dlpatcfe to Tb Jnnmtt.l
Salem,,! Or., May 1. The following ar
ticles of incorporation were filed - yes
terday with the secretary of state:
The Ashland 'Coal Mining company;
Incorporators, Frank Jordan David D.
Ford, Frank Heberlee and William R.
Taylor; capital stock, $100,000; main
office; Ashland. ,
The Pioneer Telegraph & Telephone
company; Incorporators, A. C Hoofer,
EX House and D. F. Toiler; capital
stock, $260,000; main office, Portland.
; The Cowllts County Coal company; In
corporators, M. F. Brady, T. B. Foster
and T. W. Tounger; capital stock,
$200.00o; main office, Portland.
(
..... ' ' . ,,v ,
Yours
AND USE, V
trouble and be rid of it
Thousands have!
RLASON
JAJ0LGERe
e weea" ej
??EjiJl
rOLGER (El
KatablUlMet IBSO :
REFERENDUM PETITIONS
BACK TO BE CORRECTED
They Come From Marion, Lane
... and Clackamas, on Ar
mories and Passes.
' . (Special Pit patch to The JonrnC)
Salem, Or., May Lr-8everal petitions
Were submitted yesterday to the secre
tary of State for referendum on the
measures enacted by the legislature r 3
gardlng the officials' free pass bill and
the' .appropriation- for the building of
the armories for the use of the Oregon
National guards, but as they were not
filled out In due form the petitions will
be returned to the senders to be ar
ranged so as to meet the requirements
of the. law.
, The petitions came from Aurora, In
Marlon 'county; Crow, In Lane -county,
and Eagle Creek, in Clackamas county.
These petition must be filed before
May 14, and in order that the referen
dum may be had on any one measure
it will be necessary that there be 4,665
names on the aggregate or total pe
tition. -
DEPENDENT ON RAILWAY
FOR A CAR
If L.' L. Brooks Had Depended on
the Company He Might
Be Waiting Yet.
(Special Dlipeteh to The Journal.)
Salem. Or., May 1. "I am of x, the
opinion that you must hare done some
thing to help matters along," says L. L.
Brooks in a letter addressed te one of
the members of the railway commission,
extending sincere thanks for Its assist
ance. In scouring a car. for the shipment
of vetch seed to California.
He had since early In March endeav
ored to secure a car, but waa unable
to do so. Finally he asked the railway
commission to assist him. and the com
missioners took up the matter with the
railway officials, who In due time sent
him a car. Mr. Brooks is manager of
the Multnomah stock and aeed farm of
Corvallls.
INDIAN AND BUCKAR00
v SCRIMMAGE AT SHANIK0
fgMdal DtaMtcb to Tb Joornl
Shanlko, Or., May 1. A lively scrim
mage occurred here Sunday that mtgt
have terminated in a serious . cutting
scrape had not me city marshal prompt
ly Interfered and placed Will Howell
and Herman Luther under arrest A
small party of Indians had been try-
In, unsuccessfully, to. ride a bucking
bronoo when Howell and Luther ap
peared. Howell volunteered to ride the
animal if one of the Indians would give
him his spurs, to whioh the Indian
agreed and banded them over. Howell
put them on and succeeded in subduing
the bronoo. This made the IndU-ns
angry, and - when Howell dismounted
they demanded the spurs back. Howell
refused to give them up, claiming he
had earned them under an agreement
by successfully riding the bronco. The
Indians . rushed the two boys, one of
them drawing his pocket knife and try
ing to stick Howell as he approached.
Howell' kicked -the knife out of, his
hand, and then the tnlxup became gen
eral. The marshal then . appeared - and
quelled the disturbance.
W00DLANDERS SHOW
FAITH IN THEIR TOWN
-
(Special OtoiMtcti ', te The Joornal) -Woodland,
Wash., May fc Woodland
is having a steady and constant growth
and people who have once lived here
and returned to visit are most agreeably
surprised with its rapid advancement
George Ooerig, one of the large prop
erty owners here, has Just opened up
Goerlg's . second addition, adjoining the
city on the south. The new plats con
sist of 45 lots, well located, being in
the central part of the town. Each one
is perfectly level and ready for building
upon. The new street which it opens,
running east and west. Ilea back, of
Davidson's avenue, the main street, and
will be known as Ooerig: avenue. It
wtlt open six new streets running north
and south. These lots are nearly all
taken, Mwhlch shows what the,, people
here think of the town's future. ,
;.. i-i ; ,.m .p..t , i , -. ,
Woodtrarn Bank Change Hands.
'- IHiwIil Ptupatrh to The Joernal J
Woodburn. Or., May 1. E. C. Price &
Sons have disposed of the controlling
Interest In the Farmers"tind Mechanics'
bank of this city to G. W. Huffman and
Leslie M. Bitney of Bturgls, South Da
kota . . k
Cpstsnoimorc.
No prizes
no'xioupons
no headache.,,
Soldonly in aromas
wv
N e v e r ji nt) u 1 k
CO - San - Francisco
TRIES TO BREAK RECORD v
OF BATTLESHIP OREGON
Big Steamer Has Not Been
Heard From and Owners
Become Uneasy.
(Journal Special Service.)
San Diego, May 1. W. E. Pearce, gen
eral manager of the Pacific Coaat
Bteamshlp company, C. D. Dunarin, gen
eral passenger agent, and J. H. Cooper,
general freight agent, are in San Diego
and have asked the wireless station at
Point Loins, and through It the fleet at
Magdalena to try. to make connections
with the big steamer president, which
is bound around the horn from Phila
delphia for this port nd Ba Francisco..
Since leaving the port on the eastern
coast the President has not been heard
from but as she started out with the
intention of beating the time of the bat
tleship Oregon, it is natural that she
should not have touched at any port on
the way around. She waa equipped for
the full voyage, but the fact that abso
lutely nothing has been heard from the
vessel since she cleared has caused
some uneasiness.
II'S BACK TO PRISON
FOR JESSE TANNEH1LL
Portland Larcenor on Parole Did
Well Till Conquered by
the Rum Power.
(Special Dispatch to The Journal.)
Salem, Or., Mar 1. From "bright sun
shine to dark prison walla will be the
lot of Mike Logan, known In Portland
as Jesse TannehiH, who was sent
from Multnomah county a little over a
year ago to serve-- an Indeterminate
aentence for larceny In a store, waa
paroled April 18, and was yesterday' re
turned to prison because of violation of
bis parole. While on a spree in a State
street saloon he threatened to kill Tom
Fitch, an. actor in tne local stock com
pany playing at the KUnger Grand.
Logan had been working faithfully at
the C. K. Spauldlng lumber mill in this
city, but Monday his old-time erase for
drink returned, and he violated his
parole by being drunk.- The actor
swore out a warrant against blm, and
Mike was placed under arrest by Chief
of Police Gibson. After his arrest the
officer dfsoovered Logan, was an ex-
oonvlot and the authorities at the
prison bad him returned, since his ao
tion constituted a violation of his
parole.
Hives, ecsema, itch or salt rheum sets
you crazy, can't Dear tne toucn or your
clothing. Doan's Ointment cures the
most obstinate cases. Why suffer! AU
druggists sell it. '
ELLA CRIM. LYNCH CAN
PRACTICE IN ALL COURTS
. &
(Special Dispatch to The Journal.)
Salem, Or., May 1. Ella Crlm Lynoh,
a Portland lawyer, was admitted yes
terday to practice in all the courts of
the state. She is one of the few women
attorneys In the state. Walter P. La
Roche of Portland and Walter S. Asher
of Carlton, Yamhill county, were both
admitted on probation for nine months.
TEA , . '
Do you think it worth
while to serve good tea at
your table?
Tonr grocer rehtrse roar mosey If yea doa't
Bke Schullag's Best: we par bin.
' TONIGHT
AMATEUR RACES
'"' " 1J". "-M"' ) .".",. ;.)-'"t
Thursday Nipht
XOST'oAXSTTAXh
BKEET ASTO riUOW CASS
MASQUERADE
BTJDOTIOA3i Z1TBOTS.
alis
Rim
BUILDING
DELAYED
Several months ago, when we signed a contract for our new building, the 'agreement was.
made that the building should be completed by May 1st, which would have permitted us to.
move by June 1st. However, continuous bad weather for many weeks delayed excavating and
J " III II ....... '
concrete work, and later the shut-down of sawmills, occasioned another delay, j All. this time r
new goods have been piling up in our present storeroom, overcrowding us to such an extent that jn
Itls Absolut
duce Many
Store. Note
as these for Balance of
Embroidery Vajues
to 25c at 13c
Splendid values in Embroider
ies, from 6 to 9 inches wide',
yourjehoice of the lot at . .13
Women's Tailor
Made Suits at a
Discount of 25
A nice assortment of blues,
blacks, grays and whites, and
the greatest values in town.
American Lady
$1.25 Corset at 98c
The greatest of Corset values.
'Five" 'new styles of our very
best $1.25 Corsets. Any of
these styles .98$
White Silk Waists
$2.48 and $2.88
Beautiful new Jap Silk Waists,
prettily trimmed and stylish
designs; wonderful values."
Women'sSIeeveless
Ves 8; 11 and 15c
vThree great values in whjte
sleeveless bummer underwear.
i...
Women's Lawn
Waists, Values to
$1.50 at 98c
iiunareas oi oeautitui new
Spring Waists ; handsomely
trimmea ana made.
Women's $1.50
long black & white
Silk Gloves $1.18
Those very popular pure Silk
Long Gloves. Not over two
pairs to a customer.
New Nobby-Wash
Goods,IO,l22',l5,l6!
20, 25 and 30c
By far the choicest and best
assortment we have ever shown
and the prices are extremely
tow. v. "x". ' .' '
yard
SALE
Lilies
such
White Batiste Cor
sets, 75c Val. 38c
Two new models, "with hose
supporters attached, and with
out - supporters. Splendid fit
ting Corsets.
Women'sShoesand
Oxfords, Vals. to
$3.00 at $1.98
All good styles and about every
size. Thoroughly good and ' de
pendable Shoes.
Muslin Skirts, Vals.
to $1.75 at $1.28
Handsomely trimmed with lace
and embroidery. Full sizes and
well made. - ; '
$1.50 Lawn Waist
Patterns 88c
Includes 3 yards of very fine
40-inch lawn and beautifully
embroidered. Waist - fr6ht;
$2.60 Waist Patterns . .$1,37
16-in. Silk Floss
Pillows 17c
i
Boys' $1.25 Khaki
Suits 98c
The ideal plajr sult for boys 5
to 12 years; jacket and pants,
Three Hammock
Bargains
AH new and choice patterns
and great values.
$2.50 Hammocks ...... $1.98
$2, $2.25 Hammocks . . .S1.68
$1.50 Hammocks ..... .$1.18
All with pillow and spreaders.
Pillow Slips, Special
Less than cost of materials. ?
45x36-inch 15c value . . . . .11
42x36-inch, 124c value .10
Underwear at 50c
Five splendid . styles at this
popular price and alt extra val-.
ues, balbrigganj; with or with-
out sleeves, . fine . ribbed and
white nainsook in short sleeve
shirts and knee length drawers.
Prices and Values
BUILDING
DELAYED
to He-
This Weeli:
$8 and $9 Values
in Fancy Silk .
Underskirts $5.78
Handsome new Taffeta Skirts,
in swell new shades, shadow
stripes, etc. The swellest skirt
we have ever shown.
Boys'$2.50 Box
Calf Blucher r.v.
Shoes $1.98
School Boys' Pride. JVIade by
Geo. E. Keith Co. Right up-to-date
. in .styles and absolutely
dependable in quality. ,
Sizes 2J4 to 56 ... . . S1.08
Sizes 13J to 2 $1.68
Women's $1.25
Strap Sandles 98c
Two- neat styles. One nice
dress toe" and the other com-
mon sense, comfort style ; all
sizes. '
Men's 75c Golf
Shirts at 49c
Three days only; stylish new
Madras and Percale Shirts ; all
sizes 14 to 17.
Men's New
Neckwear 25c
A very choice new lot of Four-in-Hands,
in regular 35c to 50c
patterns. , ",
arv ai
dovs Jnoes ysc
Values to $1.50
Sizes 9 to 2: all solid and thi
very best styles; great value. ;
Men's $1.50 Tan
Kid Slippers 98c
Fine soft . kid. v turned .V rl-
House Slippers for men t a rare
bargain. - . ,
Men's Black 15c
Sox, white feet, 11c
Absolutely fast colored and
seamless; all sizes dyi to 11.
aZr;.'fpTtr r'i
Curtnn Rr "irt(
Extension from ti i '
Throughout f&ie