.'. f ' ( ( . THE OREGON SUNDAY JOURNAU PORTLAND, .SUNDAY . MORNING, SEPTEMBER 1807. ' v v- HOME' BONDS SUB- SCRIBFI) AT MFFTIHB HITS AUTO .f'"i,'.; (Continued from Page On) ' 1 J i K1 1' Chauffeur Fatally Injured and Four Others Badly Hurt by Wreck Tram way Crew Alleged to lie at Fault in Accident. for reorganising the (Bearat Vw by Iagt 4 Wirt.) Denver, Sept,. 11. In a collision that in more than usually destructive, an ;' v Inbound Falrmount car crashed Into i-f a huge automobile containing seven pao- i anouiea le on Eighth avenue, between Newport .and Geneva streets, laat night and bart IV ly Injured five of the occupants of the . ' machine. J. II. Trembly, the chauf L . eur. le eo badly hurt that It la thought Mrs. William Ferrla Jr., broken rib ; and hand cut. Alexander Ferrla, 10 years, cheat -crushed, arm and hand crushed, head f cut. - Mrs. Russell Dale, of Chicago, dls "'. located left hip and fractured right femur. Mrs. Beth K. Howes, sister of Mrs. Dale, and with whom Mra. Dale waa Visiting, general shaking up. t Mra. Julia Gardener of Chi oral shaklna- un. . Mrs. Leonard C. Jones, hip cruahed and shock. O. H. Trlmbley, four ribs torn from ,. spine arid other Internal Injuries. , Aocordlng to the teatlmonv of a wit ness the accident waa cauaed by neg- lect on the part of the tramway crew. At Saratoga street there la a sidetrack, .which the incoming cars are supposed ; to take to wait for the other car on Ita way out. It Is aald that the car . did not wait, but passed the ewltch at high speed and entered the single track. The chauffeur thinking the car would toe on the aiding continued on his way ana nis auiomooua. waa struck broad . side. 4 w ilcago, gen- WHOLE FAMILY CRAZY ON TRAIN -a Illinois People Portland- . Bound Taken Off at a 1 Station in Idaho. were extremely quiet and attentive throughout the meeting. It waa obvi ously a serious business upon which they were bent, and each face bort an expression that went for more than the ordinary Interest or curiosity apparent at averanf public assemblages, Until the meeting was half over no evidence of the temper of the meeting waa aeen, mere oemg aDsoiuteiy no demon-ration. When Jefferson Myers and Kenntor Haines had concluded their remarks, and Secretary Richmond had read a lengthly report of the work dona by the depositors' association, a man got up in the audience and asked If be could say something In opposition to what IihJ been suld. He was aaked to tha plntforin, and his name was called for fmr h, riAi'llnoH tn vIvA t n1 mmt mif I t m ski a unMch a.flln.t Ihi nlan that I luid been proposed ro bank. reeling Is Known. Then the first sign of feeling In the audience came to the surface. A mur mur arose, a man yelled, and somebody louder. The speaker, seeini that he was out of harmony with th vast majority of those present, lost his courage, mumbled an excuse and fled from the platform. There waa no mistaking thereafter the feeling that prevailed In the meet ing. Utght-tenths of thoae present were In sympathy with Its object that of placing the bank In a poaltion to en able It to reopen lta doors under a complete reorganisation and new man agement and resume business. Jeffereon Myera, who la one of the largest depositors, waa the flrat speak er invited to talk. He said that If the depositors e-ot tOc on the dollar aa the aaaeta stood now, they would be doing well, lie said that the sooner the as sets were distributed the better It would be for the depositors. "I think 60 per cent and possibly only 60 per cent Is as much as we can I count on. We know that T.e have a good many bonds In this bank, but If they are aold now they will be forced down on a bearish market and sold at the lowest price. "In anv I.tll.n.nl K tha ,..l. - H mr-, waa. , (j a a, J J kill; 1 J V-1 1 f V . I requiring two or three years, these will be loat to the people 'At present the expense of operating me receiverani tip la a a month and the gulcker this is closed up the better. Now, Mr. Devlin has tola me that they are ready to do any thing they can to close up this thing ai me earnest possioie moment. Depositors Must Mais. "I believe that by subscribing to this Home Telephone stock and bonds I will get every cent of my money back In three years or less time, with Interest, and possibly aome profit I think we all agree that we have every reason able assurance mat tun Home Tele phone company will be a successful In stitution. "I don't believe that any business man or banker or newanaoer in the state will be against us if we attempt to o?n the bank. "It Is hard for me to say what Is the value of the assets of the bank. There are many notes In It that are said to be bad. If we reorganise those owning notes In the bank maV pay up In full and take their pro rata of profits. "I think the first dividend can't be ald before February, and that would e II per cent; the next one would be In August, perhaps, and might be 25 per cent. The next one would probably come In a year and might be another JO per cent There Is 60 per cent In two years, the best tha reoetver can possibly do. "I hope that we can establish a prece dent so that all banks In tha future In Oregon will pay 100 per cent. Another thins: Is that every one who has less than 1100 In the bank ahould not be asked to subscribe to the bonds but should be paid in full. Let the big men among us take the bonds. ' r-anomer tning is that you must give amounting to $5,000 un- '-V-. (Special Dispatch It JoursaL) : . . Boise, Idaho, Sept. II, By an heard of coincidence an entire family, ' t.parenta and alx children, were seised : , with an insane mania on a westbound . t . train on the Oregon Short Line today ii.mo were laaen on ai mountain Home, J a station 60 mllea southeast of this city, v i mo xar oeen impossiote to a seer- -re tain their names. They were on their way from Illinois : . . to Portland and appeared to be well-to- . ao peopja. The fa r - that It opla. The father waa so violent t waa necesaarr to tie him down iwhen ha was taken to. tha Elmore county Jail. The condition of the rest : t - of the family la not ao serious and It ;'. la thought that with proper ears and : 's. rast they will recover. . The only theory advanced to account ' f for tha strongly simultaneous seizure la that tha afflioted ones shared some ' , peculiar and very high nervous susceptl ; S bility, perhaps hereditary la both lines, 'tand that in virtue of this they were . (maddened by the heat and duat rlalnV 1 ,irom me vast aria plains tne Nnort una V & traverses. At this season tha summer's rjfheafe on tha great Snake river plain has h-caroely begun to wane,-while the gust j, is somewung almost intolerable, aa the '- 'ti fall raina are not due for many weeks yet. Tha phenomenon of sudden demen- . 1. tla due to nnaccustomed altitude la not ft Infrequent on the mountain divisions of ;m the transcontinental lines, but tha oom i paratlvely low-lying plain of southern . F, .Idaho could scarcely produce .the con J - jdltlons for Irresponsible exhilaration. Jfc, ( Tha. unfortunatea are being welt cared for fay tha authorities of Elmore county. EARLE'S AFFINITY IS i jlOYED BY GOSSIP Miss Kuttner Says Artist's Wife in France Will Sue for Divorce. 625,000 885,000 10000 76.000 the offlcera of vour nrrflnlutlnn all IK. assistance you can. They are servina without any remuneration. Th can not go around and find vnn tn a-at vm,. subscription to the bonds. It Is your work and your business, and each depos itor must do it for himself." Statement of Beaouroe. Explaining In detail tha haai. tn iv. plan of reoriranlzatlon nrnnniwi h n.n ator Haines and himself, Mr. Myers gave the following statement: Estimated Aesonroea. Noteg u Telephone bonds . . , , Pacific ft Eastern R. R. bonds United Railway bonds I Lewlston Jnd A Water Co. bonds Back stock In other banks.. Shipper and other collections (cash) Overdrafts (reduced $100,000) balance Estimated interest ,due on bonds and notes Rank lease and fixtures Moore's land, 7,460 acres, Moore states, all In cultiva tion; and warehouse prop erty In Portland Depositors subscription t stock In new bank New cash subscription bv Moore and his associates.. Cash on hand and due from banks (pedal Dlspatek te The Jo rail.) - New York. Sept. II. So much an noyed by her neighbors' curiosity that she cannot endure a small town longer, Ferdinand Plnney Earle's affinity. Mlea Julia Kuttner, has arrived In New York from Bethlehem. New Hampshire, to re main until Mra. Earle gets her divorce in h ranee ana sue is Tree to marry the artist-poet. "There la no truth In the story that Mra. Earle l.im decided not to sue," she saia. "Mr. fc.rie and I will be married. inis is aerimtely settled." g-j i i Total ...$i,86,OO0 liabilities. Total liabilities to depositors estimated by receiver $2,803,000 Beorganleatlon Plan. Depositors to subscribe for all bonds, amounting to $1,100,000 Subscribe to new stock 150,000 If there be man, woman or child who has trouble with diges tion, let him or her adopt the following menu and depend upon relief: A little fruit Saucer of Grape-Nuts with cream. A soft-boiled egg. Slice of hard, crisp toast. Cup of Postum Food Coffee (be sure to boil it IS minutes and it'g delicious). Let these articles con stitute the breakfast, a luncheon or supper, and nothing more. In a few days the old jsorld will turn around your way, and life seem worth liying. Try it. There's a reason." . Eeatl "The Road to WHlTiHe," in pkgs. Total $1,260,000 Mr. Moore and his associates subscribe new cash stock.. $ 800,000 Zn Settlement of Depositors' Aoconnts. Subscription to bonds $1,190,000 New stock by depositors 160.000 Cash by Moore and associates 800,000 Cash on hand and in banks. . 177,000 Estimated collections January 1, 1908, by .receiver on all resources 800,000 Total $2,027,000 Carrying out the computation to show the entire solvency of the reorganized bank, he said that In a settlement of everything on the foregoing basis there would after payment of the foregoing amounts, remain due to depositors a balance of $275,000 In the bank, and this balance would be secured bv all the Moore lands and other uncollected resources or tne oanK, amounting to about $829,000: capital stock of the Home Telephone company having a market value of about $91,000 at 25 cents per share. There have been sales of this stock at 40 centa. Senator Haines Speaks. Senator E. W. Haines waa the next speaker, saylne In part: I believe you nave a chance to pull out or this failure with whole skins. We must not say, "Let the other fellow take the bonds. I'll take the cash.' That will never do if we are to ret the best out of thia thing. I was In clined to believe that the receiver would not favor this reorganization, but . want to aay that he Is lending his In formation and Intent to make the bank cav dollar for dollar. 'ivow tne Dana nas ii.zuo.oou in bonds I L Liberal v Cash Discount DON'T BE FOOLED When you read the deiperate advertiiing now being done by firms trying to place In the homei of Portland inferior ranges at flrst-clasi prices. These ranges are good for only a short time. They will not laat and are not worth the price. Jfctay SeacwyTajje, LET US SHOW YOU WHY AXIOMS , An axiom is a self-evident truth. 1 Wrought Iron If Stronger Than Cast Iron. Monarch Ranges are made of wrought iron and steel. Other ranges are made largely of cast iron. 2 Rivets in Construction Hold Tighter Than Bolts. Monarch Malleable Ranges are built with rivets. Ranges with cast iron tops cannot be riveted for the hammers would break them. 3 A Light Weight Range Will Not Stand the Racket for Any Length of Time. The smallest Monarch Range weighs 400 pounds. The same size in other makes weigh less than 300 pounds. 4 Store Blacking Is Dirty. The top of the Monarch Range is ground by emery wheel to a fine polish and does not need blacking. Tops of other ranges are compara tively rough and must be blackened. 5 The only reason other ranges are sold is be cause people do not know about the Monarch, or do not realize that the best is the cheapest. We will prove this to you if you will call and see a MONARCH RANGE If C vis H frrssra' H If Vir 11M!& , l 1 Tli I 1 1 I Cook With' Gas The makers of the Monarch Range hve added to their line Monarch Gas Attach ment, which is sold when desired with Mon arch Malleable Ranges. These gas attach ments are made strongly of malleable iron and steel, riveted together, and are of the same construction as the Range and made to match it perfectly. These new improve ments should be of interest to everyone building a new home, and to many who are "using old-style ranges. The large size Monarch Range with com plete Monarch Gas Stove attached, all con nections and plumbing included. .9125.00 Medium size Monarch Range, with low gas stove attachment, connected and set up; price 984.00 Monarch Malleable Range, 15-inch oven with drop door, closet and thermometer; priee 957.00 rmxexa. YIU YUM SPRINGS. $1.80 Other stores advertise these, but do not generally deliver them. Come to us and we will deliver the goods. ' mucus. Hard Wood Treasures $2.75 This la EOo more than soma stores advertise to sell them for, but you can't rt them, so you had better come to ua i raicxa Remember that we watch all the advertisements, and if you want anything you will find our prices down as low as the lowest anywhere In the city. rax cbs. FIR DRESSERS, $8.0 A very good dresser foV tha money. Worth regularly $11.00 Come and see them. nu ess. IRON BEDS. $1.85 Full double sizes at the same price others sell three-quarter lae for. Only a few left. Kitchen Cabinets These we have In many sizes and patterns. The best bargain Is a large hardwood cabinet with 14 compart ments. Made throughout of east ern maple, stained and varnished. The bins slide on roll ers, and the cabi net work Is first class. Regular value $17.60. This week a special. t S13.75 2 1 K:; ml.-W- . .. : and wk Special Sale oi Lace Curtains 100 pair of Nottingham Lace Curtains, 1 Inches wide; S yards long; kind for Morris Chairs A showing of tha moat complete line of these goods, both , automatic and With rods. A good chair, with spring seat IS.OD Large Chairs with reversible cushions, spring seat, S12.50. Automatlo Morris Chairs, S15.00. . 'mm . Vibrating Rockers I1.S0 794 This la an exact picture of our leader la low-prloed Dining Tables. It . Is S feet long when open and 43 Inches In diameter when closed.' ' Has a divided ped estal concealing a center legr. Which separates . the middle of the table when It Is., open. It la a beautiful quartered oak finish, showing the flaky grain of the wood to perfection. The price is only S14.00 Hfl it Of thSM A new shipment kOOUM ilAb j . v Tha seat Is supported by a convolute spring made of t-K Solid steel. The aeat and base o not com In contact with each other, thus avoiding any squeaklnf or other noise when In use. it has the softest and easiest rock of any rocker yet put on tha market. Prices commence at ........ 12.50 CENTER TABLES No. 1 Whita Maple Stand Tables.... SI, 60 N6. 24 Grained Oak Stand ...2.25 No. 24 Ash Center Tables with French leg.g2.50 No. 24 Golden Oak Cen ter Table S2.50 A Special No, P878 Golden Quarter poiisnea uak xaDie, juai yard wide; light, cleaslng colors; like tha picture, top 24x SPECIAL SALE American Fiber Carpets, 1 lar value 65c; this week 354 duced from twice aa durable as matting and cost about the same. Re pa- 24, French leg. Price re ts to B l.VO 55 Youll Come Again Ml OQQD FjLfflOB- TO TWE ) and I believe these bonds are aood, do not believe that the stock of the telephone company will be worth any thing If thrown on the street now, while if w can keep it I tnink it la bound to command a good price in a short time, witn 10.000 people holding- it In this city alone the stock 1 bound tn become valuable and the telephone com pany lo grow. , "l not representing the State Bankers' association, but slmDlv m an individual. I have not a dollar's'lnterest In the matter excepting to help you. I believe vou will never receive more than SO or 60 Cents on the dollar without re. organisation. I will admit tnat I was skentlrai when I talked to Mr. Moore and he told me he could ralne that amount of money. Iaw njm giKMj men nave loio. me mat intra is no noum bdoui jut. Moor able to raise tha extra JlOOrfOO. haven't you all to. gain and nothing to lose by having this extra money adc to the Institution? If he puts his $300,- 000 In this bank he Isn't going to allow it to RO'down. If his backers find that $300,000 isn't enough then they are pre pared to put up more. Put Good Men at Mead. "I don't think we need fear that If we have good men at the head of the new Institution that you will withdraw your accounts. I think you will be glad to assist at the re-organlzatlon of this In stitution. "If either the depositor or Mr. Moore fall to make good then the receiver will go on with the bank and will make it pay as much as possible. ''Those who have notea now In the bank will. I fear. In many Instances find great difficulty In meeting their payments. If it is reorganized they will be given an opportunity to pay later, but If tha receivership Is con tinued they will be forced to pay up whenever the receiver makes his demands." Chairman EV. J.MCHenry ..of ta ex ecutive committee of the depositors' association read a report of the work of Investigation performed by the com mittee In conjunction with Messrs. Mvers and Haines. District Attorney John Manninr who occupied a seat on the stage, was in vited to speak;," Ha said It appeared to him that Mr. Myers and Mr. Haines were like men trying to drive a bargain "I hope there Is no depositor in this room that would refuse to walk up here and sign whatever these men asked you to sign oy wnich you could get back 100 cents on the dollar," ha declared. "There Is no other earthly way for you to get it. under the plan suggested you take no chance In the world. When Mr. Moore and the others raise $300,000 and put It Into the bank reorganization, what chance Is there for you to lose? "Subscribe for the bonds, and do It as quickly as you can. If the men who are reorganizing the bank do not come tn with the additional capital, your bond subscriptions are returned to you. You can't lose by subscribing, for they are the same bonds on which the money must in any event ba recalled to pay you back whatever you get out of this bank The sooner you aubscrlbe, the more money there will be left for the Danx to pay-witb. My experience witn bank failures and receiverships is that the receiver for the bank does not suc ceed in paying mora than 26 to SO cents nn Mi ,1 1 1 r, - ! ' esoluon Adopted. . Frank Melvln, of the executive com mittee, offered the following resolution, which was unanimously passed by a ris ing vote: "Be It resolved by the members of the Depositors' association' here as- Senator E. W. Kalnea, president of the State Bankers' association and Hon. Jefferson Myers; and that we, aa mem bers of this association, use our best endeavors to secure the taking of bonds and also bank stock and that when the bank 4s rehabilitated we will work for Its upbuilding and progress. ' The ope opposing note, sounded by the man who refused to give hts name, was responded to by Herman Witten berg, who said: "Don't be deceived bv tha statement that the Home Telephone people will have to protect their bonds and that they will purchase them at full value rrom tne receiver, near in mina mat tha telephone company holds certificates against tnis bank lor That of deposit $400,000. Bonds Pay Interest. "They will, under the receivership, take their pro rata of the money due to depositors, and will then buy In the bonds at cut-throat prices, whatever thev will bring at receiver's sale. The beat pte rur thesa aetmrttlw lain your own possession, xney pay you 6 per cent Interest annually, payable every lx months, and you can hold them for a favorable market, and get your money out with Interest." At the conclusion of short addresses by B. H Qruber and Seoretary Rich ca3ai5ssssisxM3ss;zassssssssissssisr-tss Vhitwood Court OPPOSITE ST. JOHNS, OREGON FOUR MILES TO PORTLAND. " Sightly Lots andvbeit of acreage can be purchased on small: monthly payments at extremely reasonable, figures. This property, is easily reached by good roads, already finished. Full view of river, best of soil, lays on easy slope, pure spring water now being" piped over entire plat by gravity flow. Fuel costs little or nothlrig. ' Apply before rise Jrt prices .to R. Shcpard & Cor and-H. GrOgden; ST. JOHNS, OREGON. fcaaaaxxsgsgS3gsaiggsggggaMB;gs5xaBsi.jssss' H M aSmbled: innn iih.iirlnll r hlinlra members of the De- I la ted. and a large number of depositors I UJ-- . -..V 1 .. . .' --r .1 . . -.. 1 1 ' posltors association, hereby Indorse the signed for telephone bonds and for stock I moftd will ba In attendance all dsr to. 1 lnin an oitw ...;. v.-. kA r'T ST .iS-rVIff'L"1!0 con Si?" .i fnilltatlon of the Oregon M tha proposed bank reorganisation. I day at tha office on the second floor of eri who wlehT fl aarinformaUoa wtU Mow. seat, to allow taa Malt to reopen. 1 Trust A Savings bank, aa outlined brl r:hjrman n n' Hratarv 'u!nS.lh Tf.va hniiiin a w.w: I ?i".r-iij..!1iri"r wu"niMoa wiu SS I . - , :- i - --t ii y mm"nanh ' V'-W .VT 2 '-i 'MM lrH,t "-