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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 14, 1908)
ill Hi n. EARNS larqb profits ENTAILS NO RISK IS DOUBLY GUARANTEED CANNOT DEPRECIATE CASHABLE ON DEMAND CARRIES A BONUS INTEREST BBARINQ INCOME EARNING INCREASED VALUATION The interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1908, and Is Now Accruing; Payable Semi-Anniially rl ' ' - rx i nfi rirrrnN y UM MM '-PROFITS This certificate has four earning powers bonus, interest, income and increase valuation. . . INO WSKIts 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 tinder a trusteeshipr thcr Standard-Trast-company of-Portland, , Oregonrguarantees4ts-prin- I cipal and interest without reservation. ' , . - NO DEPRECIATION Regardless of what depreciation may 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 )f issue, paying the principal face value with a 2 per cent bonus and all accrued interest thereon. J : 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. , ' ' . V INTEREST-rThe interest on these certificates commenced May 1, 1908, payable semi-annually and is guaranteed absolutely, under a trusteeship, INCREASE VALUE The increase yalue of Portland Business Real Estate has been " steady and healthy and easily justifiable. Within the last few years-the eastern money inter Tests" have fully 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 th? 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 Jcenv for every reason gives evidence, that Portland should have between 500,000 and 600,000 pop ulation within the next ten years. ' r 1 1 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 to be its financial and social center. or newts t - WM, H. GARLAND. President I. W. LANE, Fimt Vice-President A. J. DILLON, Second Vice-President . JOHN B. MOON, Secretary " H. P. DAVIDSON, jjoans K. I WKKATKH, wasnier DENOMINATIONS-p-These certificates are issued in denominations of from $25 upwards, allowing the small investor ..-the same :, privilege of profit sharing and an equal advantage of -the large and assured advances of Business Real Estate, 'as is enjoyed . by. the nian of great wealthy Remember, the interest commenced May 1, 1908 ard is now accruingv':;:ri::r;v.-.,Tv,-.f.vl:.' CERTIFlCATESThe following will; illustrate the sources" of income from our Gold Coupon i Real Estate Certificates: ' . v , . , , " , ' Principal Guaranteed v. . Amount Invested. , ; ' Interest Guaranteed '.; : 4 per cent Annually ; : ; Rental Income i: V;...,.- .4 per cent Annually 1 Increase. Valuation" , . . .;', ....... . . 7 per cent Annually , 7 Profit on Investment should be. . . ... 15 per cent Annually ., AND AS MUCH MORE AS THE VALUES INCREASE DURING THE LIFf Of THESE CERTIFICATES , INCREASED VALUES In the above illustration of "Increased Valuation" we have estV mated less than 150 per cent for ten years, while Portland Business Real Estate has increased in values during1 the past six or' seven years, from f 75 per cent to 400 per cent as illustrated by the following: ; ' ' . 1 , , - PROPERTY. SOLD ASS'D VAL. INC. VAL. , Lot 3, block' 64 ... . . . . . .$33,000 East l2 blk. 43, Couch add . 70,000 Lot 6, H.'y2 blk "J .... 15,000 East y2 blk 313 25,000 Lots 5 and 6, N. Y blk. "I" 45,000 Lot 17, S. yz blk, 85 .... 13,000 $ 81,500 212,500 45,000 87,500 90,750- Over 175 percent Over 200 per cent Just 200 per Cent Over 200 per cent Over 100 per cent Over 400 per cent 5 -if SSSSNSrrS,, 1 U ni n II. II Wit. 'la YJ - OHAWC lfl or.-, a -jna n flHHtf S gaS3Ml X HI tf: , - , ill I n vi urn 1 1 vii 67,000 Being a total average of over 203 per cent. - ' Comparisons of this kind can be secured, sufficient to fill many pages. 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. r ' ADDRESS Call on of address ' ' CHAMBER OF COMMERCE BUILDING 26W7 STARK STREET PORTLAND, OREGON PHONE M 8623 A-1139 1 BADLY DEEDED University Regents Submit Reasons Why Money Is Necessary. - Office of tkt Board of Regents of the University of Oregon, Eugene, Or, May 11, 1508. To the. People Baaed upon estimates submitted to the proper committees, the last legislature by more than two thirds vote, passed an act ap propriating $125,000 annually for th support-ana mainwnanpe or ne ijm 'Versitv of Orecon and for the construe tlon and furnishing of additional build ings, purchase or equipment, etc. a referendum has been Invoked on the bill and it will be submitted to the vut- ri at; the coming election In June, for approval or-rejection. - in view or tnese facts the regents have thought it best to make the following statement: Since J 9 0 i the unlvnlty has depended for its resources upon the annual appro priation Of f 47,600. carried by the act of that year, together with the Interest on the university fund, incidental fees and Interest on the Vlllard fund, amounting to about $10,000 a year, and npeciai appropriations from time to time. The act of 1901 was Intended, with the revenues from other sources, primarily to cover the necessary cur rent expenses at the time of Its adop tion. It has been necessary to supple ment the amount thereof from time to time by special appropriations, that of 190$ being $66,100. Kerga All JLppropriatioas. 'The purposo of the bill now pending Is . to merge in one act all appropria tions. The amount thereof Is based on careful and what Is believed to be cop.- I fervaii" estimates, and In the opinion , of the regents-is necessary to bring' thr university up to and maintain It at the standard of -ef ficiency whJcb the edu- P I L E CURE F R E E Trial Packagt of Wonderful Pyramid Cure Sent to All Who Send . . , Name and Address. ' t - - There are hundreds of cases of plies which have lasted for 20 and $0 yeara end have been inured In a tew days or ' ?, 1pUh tl warvelous Pyramid 1 tie Cure. i;. ; . i 1'iles sufferers In the past have looked t pon an operation as the only relief lut peraUons rarely CUra, and often tail to fearful results. ; Tba Pyramid Pile Cure cures It Te. ! fV'uth,1 ;welil,n1' ,toP" th eonges tlon. heals the Ailcers and fissures and the riles d Pjkar, There is no form tt pilis which this remedy Is not made to ure. - ",'''''' , ' Th Pyramid Pile Curt an be used . t home. There Is no loss of time or fletention from businesa . There is no fir S.' Pf'w J evere that the Pyramid Pile Cure will not bring relief. ' We make no tharje for a trial pack' ee of Pyramid Pile. Cure. This sample mil relieve the itching, soothe the ln flroatnainbrane and start you on ynur, way to a cure. After you have used the snmple go to the druggist for a 60 -nt lm o( the remedy. Write todav ;i fumple rNsts vou nothing. Pyri . rug Co., hj. pyramli Lido-, u,f!.,ll, ilK'lk- ... ..v . , catlonal interests of the state- reaulre. The bare cost of maintenance la noW aDoroxtmatela 175.000 a year. Add! tlonal Instructors are needed in several of the departments, which will bring tne amount for maintenance -to $86,000 or 190,000 a year. The library, whlca touches all departments alike, will re- ?uire an annual expenditure of at least 10,000 for some years to bring it to uie proper standard or erneiency. Provision should be made Immediate ly for the accommodation of the women of the university by furnishing and heating the present cottage and by tht construction of additional cottages or a general dormitory. This, It Is esti mated, will take about $60,000. New buildings are needed for class, labora tory and recitation purposes, at .a cost or approximately sva.uuu. -me neat ing. power and water plant must be enlarged, at an expense of $10,000 or iio.ouo, to meet tne demands upon it for heating. Irrigation and fire protec tion. As soon hs funds are available the campus should be enlarged to meet present ana ruiure needs, ty acquiring additional grounds by purchase, if a satisfactory price can be obtained, and lr not, Dy condemnation. These several Itrma will mat trrmi $125,000 to $160,000. and together with others, developing- with the growth of the university, will absorb the entire amount carried by the present bill, and all additional revenues, over and above the expenses of maintenance, for a number of years to come. - This covers In a general way th4 needs of the university as we see .it ana me use to o made or tne pro posed appropriation. There is another matter which should be alluded to. The invoking of . th reierenaum na reNtritA th mtivAr. slty. since January i. 107 to th an nual amount appropriated by the act of ana suuut nu.oou a year rrom other sources, making a total of about ou,uuu a year, wnicn Has Deen inade quate to nav the tunniiM ' Th Ha. ficiency last year was met bv the boar-1 postponing all Improvements, purchase ui lurnuure. aoaitional apparatus anil the like, and hv nart nt tha fniilv voluntarily foregoing their salaries for me last Quarter or the ve r. ralvlnar on the approval of the pending- bill or subfieauent unnrnnrlii tlnn hv 1R Iss-ia. lature for their -ayment - The salaries and Incidental expenses for the present scholastic year will amount to at least b,umu, to meet which there -Is an ap propriation of $47,600, Interest on land fund, estimated at $6,000, Interest on Vlllard fund. I2.S0O or total of 1S4.70A. At the close of the present scholastic year the university will therefore be practically without funds and as the law absolutely prohibits the regents or faculty from pledging the faith of the state for the university, In excess -of the Income for the current year, it is not apparent how It will be able to open Its doors next fall If the pending appropriation is defeated. - '-; We may add that the regents re-; reive no romoensatlon whatever for their services, but realizing- (n the Aim. charge of their duties In administration of the university, they are. but servant a of the people, they present the facts, iur me consideration ana rinai deter mination of the voters, without argu ment. Respectfully submitted. -NEHEMIAH U Bt'TLEH, JAM EH W, HAMILTON. CYRUS A. DOLPH, . WILLIAM SMITH. FREDERICK V HOLMAN, - ' R. 8. BEAN. . J.-C. A INS WORTH. MILTON A. MILLKR, .SAMSON H- FRIENDLT. . , Board of Regents. JAPANESE OFFICERS - HEAR OF DISASTER ' ' (United Preu Leased Wire.) " - ToltJo, May 14. Touching scenes were enacted at the naval port of Sasebo to day, when the training squadron ar rived here - and reported - officially to Admtral'ITrtu, commander of the .port, oil the reeent loss of the cruiser Matsu shlma. -y '. v . -. .-- .- v -- . , Commander Yoshlmatsu of the squad ron had the unpleasant duty of inform ing Admiral Urlu of. the death , of his son in the disaster. v The sons of Baron. Chlnda and Field Marshal 4 Oama y were evidently drowned. ' .. ; ' , . OF SWEETHEART Ahin Heaton Breaks Down and Confesses Killing Girt He Betrayed. (United Press Leased Wire.) Kanab, Utah, May 14. Broken by the constant sweating to which he has been mercilessly subjected, Alvln J. Heaton, the 18-year-old boy accused of the mur der of his sweetheart, Mary Stevens, 17 years old, near Orovllle. has confessed. The youth said he met the girl by ap pointment In a canyon back of Or.ov111e, lor the purposa of dlscusslna her trou ble, for which he alone was responsible. She begged hint to marry her and while pleading- with him to right the wrong he had dona he shot her four times and secreted her body In a gulch under a pile of rocks, where It was found two day a later. The two were schoolmates two years ago and soon Oeeame sweethearts. The Srl s parents did not frown upon aton, as he came of a good family and had always conducted himself in an honorable manner. ; Three months ago, however, he caused the girl's downfall. From that date to the time the murder was committed the boy tried to cast her off. but she would not be deserted and wrote to him frequently, begging him to fulfill his promise to marry her.' Driven to desperation, determined not to marry hr, the boy arranged a meet ing wtiA her la the lonely canyon. . The tragedy Is very similar to the murder of Grace- Brown by Chester Oil- AXARCHIST'S WIDOW RECEIVES BIG SUM (United Press Lesstd Wire.) -, t.lahcn. Miv 14. A - sensation has been created by the publication in : 1 Mundo todav that tne widow or Manuei S. Bunssa. who killed King Carlos, has drawn $4,000 from an American bank, the - money - having been deposited- to her -husband'a - order." , An- investigation is being made by the paper to find out nrhn anoalted the money and ' Whether similar deposit have been made to the credit ot otner anarcnists. San Francisco's TWO BXW BOTSU Vadar lb same uaaag-emeat HOTEL JEFFERSON rtrxx Am eotrox tsxxts M Booma. 180 Private Baths. Zuropeaa, Flaa tlO to $6.00. Ameiioan rlaa tXOO to 11040. HOTEL STEWART OSABT 8T. ABOTX TOCO QUAJUB. . 980 Booma. 180 Prirate Baths. Baropeaa Haa flO Upward. Oaf a la Carta.' Baoh Xotal Beads' Omallma To all Trains and Bteamera. Stewart-Barker Co., Props. BaJT TBABCZaOO. Mexican Mustang Liniment The Antiseptic healing agent for Burns, Scalds, Cut, Bruises, Sprains, Frostbites, Sore Throat, Rheumatism, Aches and any ailment reached by external application. The standard household . remedy since 1 848. -, . f,or Man. ant Beast. se.,sae.sBdiatiotile, JunjJrorrista, Ik laH TBAJrOZBOO. s I 1 ( j Overlooks the entire h ! CI Bay and Harbor. 1 I 1 - Comm and Battle- nil ft I A; ship row and the . I I I fi .? fleet anchorage. 1 I f' Single rooms $1.80 L 1 I 'HI upwards. Suites f it I 1 I Jf": upwards. Every room l Ij with bath. Reserve- . 'J r- tion mada by wire. ' 1 I'C MAjrAOBJCBlfT " ' '"I . V VAXACfi XOTXIi COIOPVT -Jf, HAWAII VOLCANO HOTEL ST. FRANCIS SAN fRANQSCO Each guest receives, without asking, the response to the multi-form requests of the most ex acting pUl)liC ; '' , , The comfort of the preienf is built upon the complaints of the past, and Hotel St Francis to day represent) the sum total of a study of individual require ments. t ; ; . BATES XTTBOraAsT, TBOK M , WW ABB. UNDER THE MANAGEMENT OT JAMES WOODS THE PENINSULA SAN MATEO 5 ' CAUFOlUSU A Twentieth Century Hotel of the . Highest Degree of Koelleno AMLWCAN PLAN and EUROPEAN PLAN NOWOPLN Thirty minutes by rail from Ban Jtancisca Located In a beautiful Xark of thirty years' cultivation. 11 the charm and delight of the coun.ry combined with the' attrao tlons and oonyenlences ot the me tropolis. '' : For reservations or infonaatloa address . . X IAS. H. DOOUTTLB, Mgf, . San Mateo, California. 1- TEETH WITH OR WITHOUT PLATES OUT-OPTOWN PEOPI-13 Should remember that our force is so organized that we can do their entire Crown Bridge and Plate Work in a day if necessary. Positively Painless Extracting Free - yhen plates or bridges'are prdered; We remove the most sensitive teeth and roots without the least pain. Ten chairs.. No students; no uncertainty but specialists who do the most scientific and careful work. 20 Years m Portland. , WA W I VP AND ASSOCIATES A ISEf PAINLESS DENTISTS - - Failing Bldg.,- Third and '-Washington Streets. " ; -8 a, m. to 8 p. mN Sundays, 9 to 12. Painless Extrac tion 50c; Plates $5.00. Both phones, A and Main 2029 SCARES PEOPLE More Activity in Pit of Hale- maumau Than for Many Years Past. SEE THE FL,EBT By Btaytor at tbm KEY ROUTK INN OAXXAXS, OAJUTOBBTA, Every 0 minutes trains leave the hotel, connecting with Key Itoute boats for San Francisco, passing the fleet at anonor. . a. b. TtLUJUiULZt, jgaaaa-sc (Dalted Press Leased Wire.) Htlo, Hawaii. May 14. Not for many years has thera been such a wonderful activity in the pit of Halemaumau as has developed during the last 10 days There . has been fire In thai pit aver since the overflow a vear an Inst Jimi. ary but the fire was fluctuating and uncertain. It would hiss h rim for a day or two, then would shrink away slowly. . For some tlma pnst, however, the pit -lag been gradually - fllllno- nn .. ,tw molten lava, forced from halnv, v,o. uUitil.ljj a dazxlLBC Jill jslxjam. lu half a dozen places. As It cooled cones would be formed and through these tor renis or lira wouta spout until literally melting themselves the cones would collapse with a mighty roar into the crimson lake of flame, this has been witnessed by hundreds of awe-stricken people, unable to tear themselves away from the spectacle of almighty nature m one 01 ner angriest mooaa. t -( To Pardon Magfll. -j-f-i . (Cnlted Preas Leased Wlre. - Sacramento, CaL, May H Governor Olllett has decided to pardon Arthur Mag 111, who was sent to Folsom prison for one year for manslaughter. ' Maglll fa dying of 'consumption, it la alleged. - Valued Sama as Oold. , B. S. Stewart, a. merchant of Cedar View, Mississippi, says: . "t tell r rcusiomers wnen iney ouy m dox oi Itir. Klpg-a New Life Pills they get tUe wortn oi mat mucn goia in weignt,.u afflicted- wlthi constlpatlort, ' malaria or biliousness." Bold under guarantee at bkidjsort Drug company' store. J So. IVIercHanls Savings & Trust Company 247 WASHINGTON STREET Capital $150,000 Pays' Interest on Savings Account and Time Certificates. Receives' deposits subject to check without limitation as to amount-. ' ? - , ' .'C Effects collections in any part of the country on most rea sonable terms. Acts aa trustee in all legitimate relations. . " ;? Cares for properties, collects rents, etc. - Interviews solicited with those contemplating any phase of our service. i r : .'.-r.--. - - ;, "