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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 10, 1908)
THE' OREGON SUNDAY JOURNAL, A PORTLAND, SUNDAY 'MORNING,. MAY 10, 1908. - v -- ' ft EARNS LARGE PROFITS ENTAILS NO RISK IS DOUBLY QUARANTEED CANNOT DEPRECIATE CASHABLE ON DEMAND CARRIES A BONUS INTEREST BEARINQ INCOME EARNING INCREASED VALUATION 14 i d i(Mi(D)l The Interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1908, and Is Now Accruing; Payable Semi-Annually PROFITS This certificate has four earning powers bonus, interest, income and increase valuation. . . f . NO RISK Its principal and interest is held in trust and hence cannot be misapplied or dis sipated. , ' GUARANTEE In addition to its funds being invested in Portland Business Real Estate under a trusteeship, the Standard Trust company of Portland, Oregon, guarantees its prin cipal and interest without reservation. NO DEPRECIATION Regardless of what depreciation m&y occur in the real estate market, these certificates being guaranteed in principal and interest, will never go below par. CASHABLE The Standard Trust company will purchase these certificates two years from their date of issue, paying the principal face value with a 2 per cent bonus and all accrued interest thereon. . INCOME One half of the net income received from the property held in trust for these .certificates, will be paid to the certificate holders, and available data shows net income should range from 8 per cent to 15 per cent per annum. INTEREST The interest on these certificates commenced May 1, 1908, payable semi-annually and is guaranteed absolutely, under a trusteeship. INCREASE VALUE The increase value of Portland Business Real Estate has been steady and healthy and easily justifiable. Within the last few years the eastern money inter ests havefully realized the many, and wonderful resources of Oregon, among which are its agricultural lands, its timber and its water-powers, all needing development and exploitation. These resources must all pay tribute to Portland, and it is easy to reason why Portland bus iness property has within the past five years, increased from 175 to 400 per cent and it is safe to predict that the next five or ten years will see even a greater increase. DIVIDENDS The property purchased and held for these certificates will be so held under trusteeship for ten .years and then sold. The certificate holders will receive in addition to the face of their certificates and the interest and income paid on them, one half of the increased valuation of the property, being the difference between the purchase price and the "selling price of the property, which can easily be estimated between 200 per cent and 300 per cent, for every reason gives evidence that Portland should have between 500,000 and 600,000 pop ulation within the next ten years. CONFIDENCE This investment must appeal to all who have confidence in Portland, and all living in this beautiful and glorious Pacific northwest country must know that Portland is destined tc be its financial and. social center. ..: DENOMINATIONS These certificates are issued in denominations of from $25 upwards, allowing the . small investor the same privilege of profit sharing and an equals advantage, of the large ad assured advances of Business Real Estate, as is enjoyed by the'man of great wealth. .Remember, the interest commenced May 1, 1908 and is now accruing. " CERTIFICATES The following will illustrate the sources of income from our Gold Coupon Real Estate Certificates: . , j -' Principal Guaranteed J Amount Invested. Interest Guaranteed '.. ............... . . . . .4 per cent Annually ' - Rental Income . , 4 per cent Annually ' 1 Increase Valuation ...... .7 per cent Annually Profit on Investment should be -. 15 per cent Annually ' . AND AS MUCH MORE AS THE VALUES INCREASE DURING THE LIFE OF THESE CERTIFICATES INCREASED VALUES In the above illustration of "Increased Valuation we have esti mated Jess than 150 per cent for ten years, while Portland Business Real Estate has increased in values during the past six or seven years,Nfrom 175 per cent to 400 per cent as illustrated by the following: PROPERTY. Lot 3, block 64 East y2 blk. 43, Couch add , 70,000 Lot 6, N. y2 blk "J" .... 15,000 East y2 blk 313 25,000 Lots 5 and 6, N. y2 blk. "I" 45,000 Lot 17, S. y2 blk. 8S 13,000 SOLD ASS'DVAL. INC. VAL. . . . .... .$33,000 v $ 81,500 Over 175 percent 212,500 45,000 87,500 90,750 67,000 Being a total average of over 203 per cent. Over 200 per cent Just 200 per cent Over 200 per cent Over 100 per cent Over 400 per cent 1TM M TO TO KT OWMIV :y,ui ue vmrf uuuu u uuvyu u vvivuu f Ul J U PHONE M 8623 A-1 139 jj I, i r-i Comparisons of this kind can be secured, sufficient to fill many phages. These quotations simply cover ground values, exclusive of improvements. . INVITATION We invite all to call at,our office and we will be pleased to enter into full, detail with them, explaining any subject of this investment which may not at once be clear and to their full understanding. " ADDRESS Call on or address CHAMBER OF COMMERCE BUILDING 265-67 STARK STREET PORTLAND, OREGON PHONE M 8623 A-1 139 ntiinft of Volume Just Completed by Novelist -..'s' . -mm- i 1T1 , Considers It Mis mosi val uable Work Hero of - "Father Sergius." ; . B Malcolm Clarke, i ;. (United Press Lad Wlre.l ' Berlin. Mar . The contents of Count Xt Tolatoya. pew book. "Father 8er ' dua." which he conaldera hl mont val- uable worn ana wmcn is i u t after hl fleath, have become known here. The hero of "Father Ser1u" la a young officer of the caare guard, who, moving In high St. Petersburg society. alla In love with a beautiful aoclety rrl and wlna her affection In return. On the eve of bla wedding, the brlde- ?room learns to his horror that his lancee has been the mistress of a high official. Disillusioned with life, he re signs his commission in the army, and enter a monastery, where he takes monastic Vows as Sergius. In the monastery Sergius finds peace. 'He communes with nature, plunges In deep and mystical speculation; becomes reconciled to his kind. He thirsts for higher spiritual perfection than can be obtained in the monastery and finally abandons It, und retires to meditation la a remote hermitage. In self-mortification he outlives the anchorites of In dia. He feels within himself an almost Ood-like power. His fame as a saint rpreads throughout Russia. The peas- gll 1 IS lilll BB fB. Hill . I KUIACI and throng to him for salvation and cure of all earthly ilia. With this closes the first part of the tory. . The second begins with a pic iie .organised by youthful pleasure-seekers from a great city, who whlrf along the country roads In troikas of swift liorsea, not far from the hermit's se cluded recess. The pleasure seekers discuss the monk's romantic story hia self-inflicted tortures, bis inaccessibil ity to ordinary seductions and tempta tions.' Apretty woman scornfully re .. Jects Sergius' claim to Invulnerability . and offers to prove her contention by risking the saint fall In love with her. The temptress Jumps from the troika, approaches the hermit's hut, and, tak ing advantage of a heavy rainstorm, . bejfS for shelter. Then- begins the temptation. The lady goes so far that under pretext of wet clothes, she proceeds to change them In Serglua' presence. He. with throbbing heart and spinning head, feels the awakening of old passions and ter rified at the thought that these pas sions should overcome him, ha seizes a hatchet and chops off a-finger. The terrified -temptress riees . the austere hermltaare, shedding tears of shame. This triumph of good only Increases the holy man's fame. Remote cities acclaim the pious anchorite, whose holy rnwers and wonder-working faculties , Mrs disputed by none. The sick and . the suffering corns by the . thousands for- tur and consolation. Finally a merchant brings bla imbecile daughter In (inter that the saint ma" Intercede for her with Ood. . He leaves the young pin.l rrettv rlrl In ths anrhoHta's roll. 'I'll (tlrls remnce awakens dangerous lo-giuga In berg 1 us. like an army of demons, sinful thoughts invade Drain. Between spirit and flesh ensues a desperate struggle in which the flesh conquers. Sergius is lost. Daylight finds him a criminal, almost a madman. When his passion has subsided, the monk realisea the horror of his posi tion, but so far from repenting a sec ond storm of reawakening -passion fol lows the first, and sweeps away the whole edifice of spiritual perfection at tained during years of mortification and suffering. - A feelins: of deliberate, indiscrimin ate hatred springs up within him to ward the girl wht InnmMintlv miimi ma mil. in an outourst or insane rage, Sergius seises ths hatchet, the same hatchet with which he had formnrlv uupiieu on m. linger ana conquered temp tation, and cleaves te skull of the un fortunate alrL Havlnr sunt1 Inner an A '"""J i me corpse, eergius Ilees rrom his cell. The last scene In the novel presents the long bearded monk with his hair xiuKiing in me wind. Holding a pil grim s staff and walking- aimlessly to ward the east. "Father Sergius" la said to be full of irranmaousiy powerrui passages, and to resemble "Resurrection'1 In the method irenimem. TIGHT LACLTG CAUSE OF AMBULANCE CALL Penknife, Surgery Kelleres Ladj aud the Doctor Ian't Needed. the New York. May 8 "aet an ambu lance to the Grand Central subway sta tion right away!" When Lieutenant Dunn of the East Fifty-fifth street station hoiiRe sot this peremptory order from headquarters this afternoon he lost no time in trans mitting It to Flower hospital, in a few minutes Dr. Otis Case was dandling from an invalid carriage on Its way to the scene. "Where's the case?" asked the doctor dashing down the stairs with hlg tooi chest under his arm. "You're the only Case around here " answered Policeman Monahan, a friend of the doctor's. "It looked like a Job a few minutes ago, but the ladv is all right now and she's gone tiwav." "What was the matter with her'" asked the doctor, getting just a little bit peevish over the frivolous manner of the crowd. "She fainted Just as she stepped from sn express,' said Monahan. "When I picked her up I noticed that she was drawn In at the waist like half a bag of fine cut. - After some women folk helped her she didn't look like the same party. She was straight up and down like an olive bottle." And he handed the doctor a half por tion of corset string. FALLS DEAD AT FEET ' OF, WOMAN HE LOVED (United Press Lessee rVlr. , Los Angeles, Cal., May 9. Standing on ths street in the presence of Mrs. Estelle L Erb, whom lie loved, Samuel Barr, a private in the United States hos pital corps, blew out his brains, falling dead at her feet ;" To escape the attentions of the sol dier,. Mrs. Erb had moved here from Monterey, but Barr, learning where she had gone, secured a furlough and fol lowed her, J. F. Jones, father of the woman, saw him approaching the house and Immediately called up hla daughter, who - was downtown, - advising her 1 to have a policeman accompany her home. which she did.,, as she was about to enter hen home Mrs. Erb recognised Barr and pointed him out to her escort, when the policeman ordered - him to stop annoying; the woman,. Barr pulled a revolver from his pocket, jald "good- l FORECAST OF COfillllG WEEK Conference of Governors at White House and State Po litical Contentions. (United Press Lessed Wire.) Washington, May 9. Events which promise to figure prominently In th news of the scorning week Include a number of state political conventions, the conference of governors at the White House, the laying of the corner stone of the Pan-American peace pal ace In this city and the conclusion of the visit of the battleship fleet at San Francisco. The last of the Republican state con ventions for the election' of delegates to the national convention will be held during the week. The Republican state conventions will be held in Oregon, Montana, Michigan, ' California, North Dakota, Idaho, Oeorgla, Texas and Louisiana. The negro Republicans of Virginia have called a state convention to meet at Richmond Thursday to elect contesting antl-Taft delegates to Chi cago. Considerable interest attaches to the Democratic state convention ito be held In Minnesota. Thursday, where the Bryan supporters are fighting hard to prevent an indorsement of Governor Johnson for the presidential nomination. pursuant to tne cau or uovernor Hughes the New York legislature will convene in extra session Monday to take up the anti-racetrack gambling bills. The lavinsr of the cornerstone for the magnificent building to be erected in this city as a home for the bureau of American repuoiics promises io oe a notable event of Monday. Cardinal Olbbons Is to deliver the invocation and the speakers will Include, in addition to President Roosevelt Secretary Root, Andrew Carnegie and the uraauian am baRsador. The conference of governors called by President Roosevelt to discuss the great problem of the conservation of the national resources will assemble at the White House Wednesday for a session or three days, it is expected tnat every state will be represented and many noted speakers will be heard. Tne con ference will be preceded Tuesday by another conference of similar scope to discuss the subject of drainage. The week will afford one continuous round of entertainment for the officers and men of the battleship fleet at Ban Francisco. In addition to a long list or atnletic events snd public entertain ments there will be a number Of ex curslons to San Jose, Santa Rosa, Tarn alpals, Vailejo. Palo Alto and other Solnts within easy distance of the olden Gate. - , - ' Foreign events of Interest will in clude the opening of the Franco-British exhibition near London and an in ternational conference at Brussels to niFcuss a draft of codes of Interna tional maritime lawe. ThV Franco British exhibition has been completed at a cost of $10,000,009 and is said to ue one or tne largest affairs of Its kind ever attemritt in th. DriHh iis Important meetings ant conventions i.nuipa ror tne weeK include tue Episcopal church congress In Detroit, the annual meeting of the Congrega ..n'I. .Hom MiasTonaryi aoclety at Flttsfleld. Massachusetts, ' and a con vention of real estate jnen In Chicago to jform a national organisation. Last day ef . discount Ma it. On Isocount of-the 10th of the month foil ing on Bunaay. accounts paid by .checa or, received at the. office on Monday, Mav 11 will ba i-rod lion with th n,ii discount. -Save 21 rente. Home Tel ephune company, , , , Florence Central Gold Mine 11 'y '"' I'liJi'ii'ii'iam. i,1 1 ",., ," '"rag 'For more than a week we have been selling for 3 cents each shares in the Florence Central Mining Company; each of these shares are well worth 20 cents. They cover not only a lease on the Florence, greatest gold mine in the world, but likewise FOUR other claims, finely located and with splen did prospects. Though of so much greater value, we are glad we sold this stock at so small a price, because it inaugurated a new deal in mine pro motion, and demonstrated the feasibility of dealing squarely with the public letting it in on the "ground floor," instead of conferring that privilege on a few pet friends. But this promotion stock will all be subscribed by tomorrow (Sunday) evening, and on Monday, May 11, no shares' of this company will be sold at less than 10 cents, 25 per cent down and 25 per cent per month. And even at this price they will not long be on the market. We expect to raise to 50 cents per share within 60 days. . Indeed, we may not sell at less than par, if at all, by that time. Our deal with the Chedd people, enabling us to crosscut from the 250-foot level at once, may make this a dividend mine within 60 to 90 days. In fact, we believe it will. On Sunday, therefore, this office will be open from 9 a. m. until 8 p. m., and alt stock sold prior to the latter hour will be at 3 cents per share, but never thereafter will that price prevail. v. Florence Central Mining Company Incorporated under the laws of Oregon for $1,000,000, divided into 1,000,000 shares of the par value of $1 each, fully paid and non-assessable. nswnaas awn nnfjnuAn PRESIDENT. GEORGB BBVER VICH-PRESIDENT.JOHN A. JEFFREY BECRETARY-TREA8URER..M. BEVER DIRECTORS GEO. BEVER, JOHN A. JEFFREY and D. M. MXAUGHL1N. OFFICE 517 LU1IBLR EX CHANGE BUILDING Tel. Main 5514 f i-