THE OREGON STATESMAN, SALEM, OREGON, TUESDAY MORNING, MARCH 15, 192
ki en of
a
I
- i
Los Angeles Police Believe
Bank Robbery Cleared
Up Yesterday
i
I
1 LOS ANGELES. Mar. 12.
(AP) Six men and one woman
r ere In Jail today and (30,000 in
?ot recovered In what the police
j declare was the solution of the
$60,000 robbery of a Pacific Na
tional bank mesypger and guard
on March 6.
The officers said five of the sev
en suspects held had confessed
their parts in the robbery de-
scribed as the largest bank holdup
" here in the last 15 years.
I Those under arrest on charges
I of robbery and conspiracy are:
I William R. "Bill" Wood, form-
er federal narcotic agent and bail
k bond broker, who police declare
. has confessed he helped engineer
1 the robbery and ngaged two Chi-
cago gun men to aid in. staging the
I actual holdup and who is said to
ihave obtained $13,000 for his
iwork; Arthur Cleusay, 38; Mal
colm D. "Mickey"Jones, 30; Hor
ace S. Miles, 41; James "Bud"
Christie; Hoyle Sigler and Mrs.
Ruth Enos, 27, said by the officers
to be a sweetheart of Sigler.
Three men each of whom has a
criminal record, still are sought by
the police.
The officers said the robbery
f wa3 planned by Miles five months
ago and that he tried in vain to
-i interest several known gunmen in
I the plan. After the successful
i holdup the police declared. Miles
telephoned to several of these men
j who had rfused to help him boast-
ing "how easy it was."
These boasts were said to have
led to the arrest of Miles and the
others.
CHOSEN ORANGE FESTIVAL QUEEN,
m V. ' i Li
. , v 2'- ,y - -
, . Jtfjf.
Popular vote brought Miss lienors Peters, of Orange, Cat, the Job
as queen of the 1928 Valentia. Oraijge festival to be held in Orange,
grange county, in May.
1
(CHKE FOB RADIO
1 SYSTEM DEMANDED
tions from one year to six months,
and elimination of a provision
whereby the commission could be
continued by appointment of its
members.
Life of Federal Commission
Continued for Another
Twelve Months
r
WASHINGTON. Mar. 12. (AP)
With an amendment proposing
a drastic change in the existing
broadcasting system an equal
distribution of stations among the
states and territories upon the bas
is of population the house passed
a senate bill today to extend for
one year the life of the federal ra
dio commission.
The measure now must go back
to the senate for consideration of
the house revision. Under Its pres
ent grant, the commission will
cease to exist Thursday.
Just before final passage, the
house approved the amendment by
III OF TEH
TALEHT BEGINS
Prohi Agent Charged With
Involuntary Manslaught
er In Oregon
Young People's SDS Club
Plans Mid April Meeting
fflTEGIM
GETS BACK TO WORK
Upper Body of Congress Re
covers Slowly After
Muscle Shoals Row
PORTLAND. March 12. (AP)
Terry A. Talent, federal prohi
bition agent stationed in southern
Oregon, went on trial here today
in federal court on a charge of
involuntary manslaughter. He
was indicted on October 8. charg
ed with having shot Mansford
Zimmerlee, reputed moonshiner,
on September 28 while attempt
ing to arrest him. Zimmerlee
died at a Medford hospital on
September 30.
Dr. Charles O. Sweeney of Med
ford was the first witness called
by the prosecution. He testified
that the bullet which caused Zim
merlee'e death entered low in the
back and' plowed through the
body.
The prosecution promised in its
opening statement that testimony
would be offered to show that
Talent fired three shots, the last
of which proved fatal.
The defense stre?eed the offi-
a vote of 236 to 133. Thia vote
found the membership split in a .
general way along country and . .. . .. . , ,
ui i lit? suuuiiufi, utriidiiUK uiai
Zimmerlee was engaged at the
time in commission of a crime.
"city" lines, the former supporting
the proposal to distribute stations
according to population.
Supporters of the amendment,
which was sponsored by Represen
tative Davis, democrat, Tennessee,
charged the concentration of the
and that, even though Talent had
killed him in the manner charged
although this was not admitted
it would be justified, and his
cloak of office 6hould provide him
ZENA, Mar. 12. (Special )
The Young People's S. D. S. club
will hold its next meeting April
15. The last meeting, held Sun
day evening, March 4. was at the
home of Lillian Marx, daughter
of Mr. and Mrs. J. Marx.
After a short business meeting,
games and singing were enjoyed,
and then a delicious luncheon was
served. The Dresident is Zella
Smith and A. Christenson is vice
president. Others atendlng were
Alma Smith. Verna Smith. Lillian
Marx. John McRea. Ora McRea,
Emil Marx, Vernon Smith and Earl
Younce.
RIVER REACHES HIGH
MARK FOR THE YEAR
(Continued from page 1)
no damage is reported. The Wil
lamette river reached a stage of
12.5 feet above low water mark
Sundav night and tonight the
gauge registered 8.5 feet.
rarlin atatinna In Vaut Ynrt nnri
t . I with immunity.
other large cities, was to benefit! . ., ... ,
.. , . . . I Evidence upon which the grand
an elleged monopoly in the Indus- . t . ... . , .
. ? . ., ' . . . ,! jury returned an indictment show-
n j n 1111 u iuc tiu luuinicu ui
the General Electric, the American
Telephone and Telegraph, and
Westinghouse companies, and the
Radio Corporation.
In addition to the Davis propos
al, two other changes to the sen
ate bill were adopted. They would
provide for the reduction of the
term of broadcasting licenses from
six to three months and other sta-
.jnnpi of fV Annual Statement of th
CU) COLONY INSURANCE COMPANY
of U ok Ion, In the State of Maaarhusf tti,
t.n the thirty-first day of December. 1927,
made to the Insurance Cora mias ion er of
tiie Stale of Oregon, pursuant to law:
Capital
Amount of capital stock
paid op ....j. 1,000,000.00
Income
Xet premiums received
during the year 9 2,133,423.41
Interest, dividends and
r-nts received during
the year
Income from other sour
ces received during
tne year
285.207.36
8t.34S.28
Total income j. $ 2,447,039.23
Disbursements
Net losses paid during
the year including ad
justment expenses $
Dividends paid on capital
stock durinr tha year..
Commissions and salaries
psid during the year....
Taies. licenses and fees
paid during tha year ...
Amount of all other expenditures
1,097,702.73
80,000.00
634.624.34
75,327.55
104.908 91
ed that Zimmerlee delivered to
Talent and Claude L. Hickman,
state officer who accompanied
him, two gallons of moonshine.
Talent then displayed bis badge,
witnesses said, drew a revolver
and informed Zimmerlee he was
under arrest. Zimmerlee, after
an alleged attempt to elug the
officer, broke and ran, and Tal
ent fired several shots. Zimmerr
lee then swam the Rogue river
and was arrested the next night.
An operation in an attempt to
save his life proved futile.
now FA R
uukiun i i-i ii iu i iiiii
Highways Covered
PORTLAND. Mar. 12. (AP)
Water covering the Pacific high
way in three places between Junc
tion City and Eugene today neces
sitated detouring traffic over the
higher, graveled Prairie road, the
state highway commission announ
ced today in commenting on a gen
eral rise in streams in the north
western section of the state. The
Pacific highway was expected to
be in use tomorrow or Wednesday.
The Oregon State Motor asso
ciation received word that the Blue
Mountain section of the old Ore
gon Trail between Pendleton and
La Grande is becoming soft and
that driving is difficult. Motorists
were urged to be cautious in ne
gotiating that section.
While Terwilliger boulevard is
blocked by a slide north of Hill
Villa, traffic over the ..west side
Pacific highway was today being
routed over Hamilton avenue, Cor
bett street and Slavin road. The
slide was caused by the softening
of banks below the boulevard, and
formed a barrier nearly 200 feet
over the pavement. A steam shov
el working at that point was par
tially buried by the slide.
Several inches of snow fell at
Governemnt Camp yesterday, mak
ing cautious driving necessary on
the Mount Hood loop highway.
WASHINGTON, Mar. , 12.
(AP) With the senate partially
afloat again after Its long hang
up on the verbal mud flats of
Muscle Shoals, and the house de-j
spite a terrific outbreak of static,
setting action on the bill granting
the radio commission another
year's lease on official life, con
gress engaged in a vigorous flurry
of legislative functioning today to
open the new week.
Proceeding under its own
power, tne senate made several
amendments in the Norrls resolu
tion for government operation of
the Muscle Shoals plant. It wasn't
able to get entirely clear of the
delay however and wil Ireopen to
morrow the effort to make up its
mind to a form of legislation it
can approve and transmit to the
house. Senator Norris decided it
would need a new print of the bill.
embodying the amendments, if
anybody was to understand just
what its alt about, and it was so
ordered.
As an object lesson of how
swiftly it can act when it wants to
on presidential appointments, the
senate Judiciary committee popped
out a favorable in the morning on
the appointment of Representative
Green of Iowa, to the claims court
and the senate confirmed him in
about two minutes. That takes
him out of the house and vacates
the chairmanship pf the powerful
wfiys and means committee.
II CONFESSES
TO HHER CHE
Young Man Held At Leaven
worth Admits Part In
Kansas Murder
LEAVENWORTH. Kan.. Mar,
12 (AP) Vint Williamson.
alias Robert Barton, alias Robert
Miller, 17, who Saturday con
fessed to placing obstructions on
the track which caused the wreck
of a Chicago and Alton train at
Independence, Mo., Februry 16.
today admitted he was the com
panion of another youth who shot
and fatally wounded W. F. Sher
man. Union Pacific watchman al
Topeka. Kan.. August 16, 1927.
Williamson said he and h
companion arrived at the North
Topeka yards on a freight traiB
and were stopped at the point of a
gun by a watchman. Williamson
said the youth with him then shot
the watchman to keep from being
searched. The two then went to
Kansas City where Williamson
said he saw his companion for'the
last time a week later.
Williamson told police here Sat
urday he had run away from an
institution for the feeble-minded
at Salem, Ore.
W. P. Young of Slater. Mo.
fireman, was killed in the train
wreck at Independence and Wil
liam Wetton. also of Slater, engi
neer, was injured.
TURNS DOWN NEW TRIAL
FARM BURKAU MAKING AR
RAXGEMKXTS FOR EXHIBIT
Total expenditures 9
Assets
Value of real estate own
ed (market value) 9
Value of stocks and
bonds owned (market
value)
Loans on mortgages and
collateral, etc
CaNh in banks and oa
hand
Premiums in course of
collection sines Sep
tember 30, 192T ...
Interest and reata due
and accrued
All other assets
r -,.
Total Admitted asseta. 9
T liabilities i
Cross claim for losses
unpaid 9
Amount of unearned pre
miums on all out
standing riaks
Due for eommiestoa sad
brokerage '.
All other liabilities...-
1,992,561.53
Xone
7,236,577.40
8,000.00
165,089.36
914,980.61
49.229.86
26,204.41
7,794,081.64
501,571.53
1.961,931.86
7,500.00
151,902.00
WrOODBURN. March 12. (Spe
cial) The Colton Meadowbrook
Farm Bureau have taken steps to)
stage a community fair in Colton
thia summer. Colton is a small
community in the foothills 20
miles east of Woodburn.
F. L. R. Coleman, who has been
here visiting his parents who re
side on a farm east of Woodburn
departed yesterday for Glendale in
southern Oregon. He went there to
look up a location to put up a saw
mill.
Mr. and Mrs. W. J. Linfoot of
Salem were here Friday calling on
friends. -
Mr. and Mrs. Norman, accom
panied by Ruth Holt and Miss An
drews, members of high school
faculty, while returning home Fri
day night collided with the Bid-
Conditions of highways and
roads in Baker county is growing
worse, county Judge Baird report
ed today. Culvert washouts and
i breaches in roads were reported in
it he Haines, Wingville and Lower
.Powder sections. Melting snow and
rains hare caused the damage. The
trail over the Blue mountains in
the vicinity of Meachem is report
ed approaching the impassible
stage, despite work of highway
crews.
Heavy rains and melting snow
have caused the Grand Ronde riv
er and tributary streams to reach
a high point in the Grand Ronde
valley, renorts from La Grande
state. Small floods in some sec
tions resulted, although no seri
ous damage was caused.
The heavy rainstorm which pre
vailed for three days over the mid
Columbia ended last night with
lowered temperature, and a two
inch snowfall whitened the high
points surrounding Hood River.
Mill creek left its banks at
Walla Walla, WTash., yesterday.
resulting in considerable damage
to gardens west of the city. The
state highway four miles west of
Walla Walla, was endangered for
a short distance where Mill creek
Emery Olmstead and J. K. Wheel
er Lose Legal Skirmish
PORTLAND, Mar. 12 (AP)
Motions in arrest of judgment and
for a new trial in the case of Em
ery Olmstead, former president of
the now defunct Northwestern Na
tional bank, and J. E. Wheeler,
former president of the McCorm
ick Lumber company, were over
ruled by Federal Judge Bean here
today. Wednesday morning at 10;
o'clock was the time set for the
passing of sentence.
Olmstead and Wheeler were
convicted in federal court on Feb
ruary 17 on charges of misappli
cation of funds of the Northwest
ern National. The 22 counts of the
indictment upon which they were
convicted charged the extension of
approximately $800,000 in funds
and credit to the McCormick Lum
ber company through a check-kit
ing series which extended from
March 29, 1928 to March 1, 1927.
Kirby, 9; Jack ttcBacfcera, 8.
They will also lire at tne Mario.
Medford will again represent
district four. Thy also loom m
strong contenders for the title as
a result of a very Impressive rec
ord daring the past season. They
will leave Medford at 6 o'clock to
night and will arrive In Salem
early tomorrow morning. The
Medford cagemen have won 11
games and only lost one th.!a sea
son. Their lone loss was handed
them by the Salem five. They
have scored 370 points to their op
ponents 167, holding Grants Pass,
Roseburg, and Ashland below the
eight point mark In each of their
tilts.
Those representing Medford are
E. Phipps, 2; F. McDonald, 3; A.
Melvin, 1 ; C. Garnett. 4 ; W. Mor
gan, 5; W. Bowerman, 7; V.
Swanson, 8; B. Hughes, 6; and C.
Thomas, 6.
Many basketball fans at Med
ford have indicated that they
would leave the southern Oregon
city early Wednesday morning for
Salem to support their team to
victory.
Next we find Marshfield, who
comes here as the champion hoop
team in district five. This came
about when the Marshfield lads
defeated the strong Bandon five
in two of the most bard fought
games in their entire schedule to
decide the district championship.
They will arrive in Salem early
Wednesday morning tnd live in
Hotel Marion while in Salem. The
team will consist of Chapman.
Chan. Edwards. Selen, Liljeberg.
The three substitute men on the
purple and gold team are not as
yet known.
District six sends the University
high of Eugene as its representa
tive. They won the right to' com
pete in the tournament by defeat
ing the Albany five in a closely
contested tilt at Eugene last week
to the tune of 2S to 29 after the
score had been tied at 26 all. They
have piled up a total of 297 points
to their opponents only 156. They
have won eight games and lost
two this season, those being to Sa
lem and Corvallis highs. Men on
the University high quintet are E.
Powers. 7; D. Scott, 8; N. Nlbby.
1; L. Gordinier, 9; K. Stevens, 5;
G. Rickabaugh, 10; G. Burt. 2;
and W. Jones, 3. They will stay
at the new Senator hotel.
As usual. Salem high, five times
winner of the silver cup, will fight
for district seven.
Salem has a rather encouraging
record so far this season and has
a good chance of winning the title
again. It has already defeated
Medford and University high of
Eugene, and found little trouble
!n winning the district title. The
local lads have improved in every
tilt, and demonstrated some real
basketball in their mix with Ore
gon City, Clackamas county cham
pions, which they defeated 52 to
17.
Basketeers who will probably
be" seen in action under the red
and black colors are Haroia
Beechler, center; Homer Lyons,
forward; Lee Ecker, guard; Rob
ert Kelley. guard; Don Siegmund,
forward; Ivan Kafoury, guard;
Frank Schaeffer; guard; Tom
Duffy, forward; and Cheney Kel
ley, guard.
Tillamook like last season, will
represent district, eight. ine
Cheesemakers haven't tasted de
feat yet this season and are deter
mined to hold a clean slate
throughout the tournament and
take back with them the cup to
the land of plenty.
In every tilt in which they have
participated they have won by
large scores, defeating the Forest
Grove team 52 to 0. They will
make a strone bid for the state
who will compete in the tourney
are C. James. 3; C. Knowlton, 2T,
J. Metcalf. 6; E. Page, 4; K. Buel.
7; L. Stewart. 9; B. Chapman, 5:
and K. Conover, 8. They will re
main at the Senator hotel.
District nine was won by the
Astoria five, who have also made
a nimpressive record this season,
trouncing the fast St. Helen bas
keteers by a large score. They
competed In the tournament last
rear and boast of having a much
better team this season. It being
nearly entirely composed of letter
men. Their team consists of E.
Wilson. G. Arcols, W. Luthe, F.
Hellberg, R. Larson, C. Hauke. R.
Quinn, and O. Pesonen. They will
stay at the Hotel Marlon.
Last but not least is the Wash
ington high team of Portland to
represent the city of Portland.
They also hare yet to taste their
first defeat and are strong candi
dates for the state championship
title. During their season they
have won nine games and lost
none and as Tillamook, are deter
mined to hold such a record
throughout the tourney.
Over a hundred rooters from
Portland have mailed in for re
serve seat tickets, and will be on
hand to root for their team.
Franklin represented the tenth
district in the tournament last
year. The Washington boys are
V. Dolp. 1; D. Mac Pike, 6; F. Mc
Cartney, 7; H. Inman, 8, A. Cox,
13; D. Pearson, 14; E. Lewis, 16;
and A. Heikinen, 18. They will
remain at the Hotel Marion while
in Salem.
crowd as Is expected to gather to-finsoa said that "such records
night will be dispensed by the were kept warrant the conviction
American Legion drum corps and
a IB-piece band.
A special display will be made
of all the new automobiles on a
roped off section on Commercial
street, so after or before as fancy-j
turns Mr. and Mrs. Public and
all the little Publics look their fill
of dainty dresses, new hat crea
tions, suits, furniture, an' every
thing, it'll be just, to turn right
around and do over again in the
automotive splendour.
Jupiter Pluvius is the only
power who can possibly put a
damp-er on the event, but since af
fairs like this tunic- ;ut once a
spring, some 4 0.000 people are ex
pected to have a look at the show
staged for their benefit anyway
that the whole transaction , wa;
corrupt.' : k
"The testimony of Mr. Hays be "
fore the committee In 1924 war
rants the conclusion that he da-r
Ilberately concealed the use bn
him, as political chairman. O.Xjy
bonds obtained from Mr. Slnclai.
and in that sense subjected him
self to the possible charge of per
jury," Robinson said.
T-
o o
Blti For Breakfast '
STATE'S DEFICIT OVER
2 MILLION FOR 2 YEARS
(Continued from page 1.)
519.90, protection to person and
property $343,724.25, develop
ment and conservation of natural
resources $837,577.33, conserva
tion of health and sanitation
$613,929.30, highways $2,245,
427.49, charities, hospitals and
corrections $3,816,194.62, educa
tion $5,586,937.88, recreation
$40,300. miscellaneous $211,738.
42, and funded debts, principal
and interest $1,323,577.50.
The appropriations of the 1927
legislature for expenses incurred
in 1925 and 1926 aggregated
$410,555.72, with continuing ap
propriations for 1927 and 1928
fixed at $452,362.01. Appropria
tions of the 34th legislative as
sembly for expenses of 1927 and
1928 totalled $7,585,118.46.
The millage levy within the six
per cent limitation is $1,944,531.
60, and without the six per cent
limitation $6,168,858.91. Appro
priations of the 34th legislative
assembly without the six per cent
limitation aggregated $67,500.
GRILL MELLON WHEN
INQUIRY CONTINUES
(Continued from page 1.)
third suhmions from the oil inves
tigators. Hutlcr Also Calhul
A third witness placed under
summons is William M. Hutler. of
Massachusetts, chairman of the
republican national committee,
and manager of president Cool
dige s campaign in 1924. Butler
has informed the committee by
telegraph tha he never received
any political contributions from
either Hays or Harry F. Sinclair,
lessee of Teapot Dome, who turn
ed over $260,000 in Liberty bonds
to Hays in 1923 for use in secur
ing the debt of the republican
party. $
For the first time in recent
weeks, the oil inquiry develop
ments broke into proceedings on
tha senate floor. The democratic
leader. Senator Robinson, of Ar
lrar-As hrousrht ft up with the
declaration that recent testimony
before the. committee "discloses
peculiarly disgusting and revolt
ing corruption."
Corruption Charged
Referring specifically to the
Sinclair-Hays Liberty bonds trans
actions in connection with republi
can party financing. Senator Rod-
t
O-
NANCY MILLER TODAY
ADOPTS HUBBY'S FAITH
(Continued from page 1.)
been filed. Outwardly however.
there was no indication of uneasi
ness in the entourage of the wed
ding pair.
The magistrate, to whom the
application was made said he did
jiot desire to interefer with the
conversion ceremonies. He did
however, order Shankarcharya not
to style himself "Jadadjum Shan
karcharva of Kervirpith" in exer
cising any ecclesiastic rite. This
title is supposed to carry with i
the authority to convert outsider:
to Hinduism. The wedding man
agers, however, were not per
turbed and derided to proeeed
with the ceremonies.
REVEAL SPRING STYLES
AT 7:30 SHARP TONIGHT
(Continued froO v-ge 1.)
Synopsis of Annual Statement of the
SENTINEL FIRE INSUBANCE
COMPANY
of Springfield, in. the State of Massachu
setts, on the thirty-first day of IVoember.
1927, made to the Insuranre Commission
er of the State of Oregon, pursuant to
i law :
Capital
Amount of capital slock
?aid up ....$ 500,000.00
Income
Xet preminras received
during the year $ 431.945.81
fnterest, dividends and
rents received during
the year 52,709.72
Income from other sourres
received daring the
year ; none
I'rizes Xumerous
Every store that has given its
support to the spring display is
giving one or more prizes in the
big treasure hunt. That's where
the luck comes in. If you possess
just the right card you'll go home
with a bundle under your arm
that didn't take a cent from the
most used book on earth.
The armory will be the scene of
the big free dance to which every
one is invited and which will cli
max the opening night of spring
window display week. (The win
dows will be left dressed in their
elegance for the remainder of the
week.)
Drum Corps On Hand
Music to suit just such a large
$ 4.329,136.91
810,654.84
186.S01.32
SvnoDsis of Annual Statement of the
MINNESOTA MUTUAL,
TWHTIRAnCE UUBiran
of St. Paul, in the State of Minnesota on
the thirty first day of December, 1927.
... .w- i...ir.nr. Commissioner of
the State of Oregon, pursuant to law.
Capital
Amount of capital stock
paid up -- nona
Income
Total premium income for
the year ;
Interest, dividends anu
rents received during
the year
Income from other sources
received during the
year , - -
Total income
Dlsbursementa
Paid for losses, endow
ments, annuities and
surrender values -
Dividends paid to policy
holder during the year
Dividends paid on capital
tui-k durinc the year..
Commissions and salaries
paid during tne year
Taxes, licenses and fees
paid during the year....
Amount of all other ei-
penditurea
Total expenditures
Assets
V'slne of real estate own
ed (market value)
Value of stocks snd bonds
owned (market or ani
ortiid value) --
Loans on mortges and
collateral, etr. ...
l'reinium notes and policy
loan
,'ssli in banks and on
hand - - --
N'et uncollected and de
ferred premiums -
Interest and rents due
and seemed - -
Other assets I net):
5,306.093.07
1.173,283.39
707,254.73
none
990.956.47
109,870.17
346.807.81
3.328,172.57
839.170.95
5.494,630.15
6,450.091.7
8,056.433.29
459.833.15
C13,4389
a'19.750.47
5.2i4.4
Total admitted aets ..$ 17.24S.131. 19
T.lshillties
Met reserves 13.933.444.44
liros claims for losses
unDaid - .ii,";i.'i
All oth,-r liabilities 1,986.947.81
well car who were cuttine the
comer from First street Into Gar-cut 'new channel.
Total liabilities; ex
closive of capital
atock of 1.000.000..$ 2.622.805.39
Business in Oregon for tfta Year
Net premiums received "
daring the year 4 21.231.12
Losses paid durinc tke
year 9,167.99
Loeaes incurred during
tha year i...T.. 8.932.58
OLD COLONY INSURANCE COMPANY
Williaal R. Hedge. President.
William JTkiakalBa- Secrwaarv.
Statutory resident ettoraey for ewrviee
aaaia jr t entro
field avenue. Both cars were dam
aged slightly and some of the oc
cupants received slight burises.
Thelma Haugen's basket social
given-at the Forester's hall Fri,
day evening wa attended by 85
people. Excellent music was fur
nished by . the Mathieson . broth
ers orchestra. Old time music was
furnished by Mr. and Mrs. Pruitt
of Polk county and Jens Anomby
of Woodburn. .
Read the Classified Ads
Heavy snow fell In the central
Oregon Cascades over the week
end, with seven inches reported at
Windy Point on the McKenile
highway, and a foot estimated on
top of the old snow north from
Windlgo Pass to the Three Sisters.
The new snow at Windy Point
forced the crew operating the
state highway department rotary
plow to break a road down the
slope to Siste rs. Wind yesterday
piled, the new-snow. Into drifta son, 7; Alton Ingram, 6; Tom
fonr feet high east of the McKen- Ward. 8; Arthur Miller, 4; Ted
zle lava field.
STAGE ALL SET FOR BIG
State basketball tilt
(Continued from page 1.)
ation to win, bringing with them
many rooters to back them while
they remain In the race for the
championship title. The eight
men to make the trip to Salem are
Ollnger. 3; Robbins, 4; Varcll. 5;
Crumins, 6; Lutcber, 7; Nelson,
.8; Saager. 9; and Coe, 10. They
will live at Hotel Marion during
their stay in Salem.
The Dalles Speedy
As a result of winning from
the strong Bend hoop team at
Madras last Friday night, 32 to
19, The Dalles high quintet will
represent district three in the I
tourney. The Dalles team is
rather small in size but make up
'or this in their epeed and ability
's basketeers. The eight chosen to
jeorney to Salem are Balfour Gib-
Total income S
Disbursements
Xet losses paid during
the year including ad
justment expenses 9
Dividends paid on eapital
stock daring the year ...
CommiHsions and salaries
paid during the year. ..
Taxes, lirenses and fees
paid during the year ...
Amount of all other expenditures
Total expenditures 9
Assets
Value of real estate own
ed (market value) 9
Value of stocks and bonds
owned (market value)..
Loans on mortgages and
collateral, etc
Cash in batiks and on
hand
Premiuma in course of
collection written sine
September 80. 1927 ....
Interest and rents due
nd accrued
434,655.53
82.971.94
none
9,238.99
5.148.41
135.874.54
233.233.88
none
1.277.960.00
none
145J246.99
107,449.29
10.716.63
Svnonis of the Annnal Statement of the
MINNEAPOLIS FIRE AND MARINE
INSURANCE COMPANY
nf Minneapolis, in the State of Minne
sota on the thirty-first day of December,
1927, made to the Insurance C-oramlsion
er of the State of Oregon, pursuant to
Capital
Amount of capital stock
paid np 9
Income
Vet premiums received
during the year $
Interest, dividends and
rents received during
the year
Income from other sources
received during tha
year
400.000 00
41.527.10
111.772.44
Total income 9 153,299.51
Disbursements
N'et losses paid during
the year including ad
justment expenses 9 none
Dividends paid on capital
stock during the year.. 20.000.00
Commissions and salaries
paid during the year.... 285.46
Taxes, licenses and fees
paid during the year. - . 1,671.89
Amount of all other ex
penditure none
Total liabilities exclu
sive of capital stock '
of-X..ne . 9 15.992.213 87
Busineea in Oregon for the Year
iJross premiums received
during tne year ...-.
Premiuirs and diviJen.ls
returned during the
year 2.91 04
Loaae. paid during the 600 00
THE MiNNKSOTA MUTUAL LIFE
INSURANCE- COMPANY
K. W. Randall. President.
H W. Allatrom. Secretary.
Statutory resident attorney for service
Commissioner of Insurance.
A couple of objectives J-
S S
Here they are. In Charley Wil
son's Siilera chamber of conimcrc
weekly bulletin:
"a
No. 1. Help the developmerr
of Salem by having the state o
Oregon scrap the old penitentiary
and sell the land east of the pei
in order that it may be platted
into town lots.
No. 2. Convince people reaH,
living in Salem, yet just outsld.
the corporate limits, that it wonl;
be to their advantage to become ;
part of the city of Salem.
S
No. 2 is a good idea in this re
spect: The government censu
will be taken in 1930. and Salen;
will get credit for no population
not within the city limits.
m
Every city of 50,000 population
or more is to have air mail service
within 10 years under presen
plans, according to the second as
sistant postmaster general. Routes
now operated cover a distance of
17,444 miles a day. Routes under
contract will cover an additional
2656 miles, and 1600 miles more
are covered by new routes that are
being advertised. Portland Jour
nal. (That wHl let Salem in be
fore 10 years. This city will have
50,000 or more population within
10 years. But Salem is not goln;
to wait that long to get on the al -map,
in big letters, with a rini
around the mark that represent
her, as the capital city of t hastate.)
Synopsis of the Annual Statement of the
EQUITABLE Lira INSURANCE
COMPANY
of Iowa, In the State of Iowa, on t-"
thirty-first day of December. 1927, road
to tha Insurance Commissioner of t'.t
State of Oregon, pursuant to law:
Capital
Amount of capital stock
paid up 9 700.000.0J
Income
Total premium income
for the year 9 16,223,321. .1-
Interest, dividends and
rents received during
the year d.807,090.8 ;
Income from other sour
ces received during
the year 485.90C.lo
Total income 9 1 1.576,318.5.
Disbursements
Paid for losses, endow
ments, annuities and
surrender values 9
Dividends paid to policy
holders during the
year ...
Dividends paid on capital
atock during tha year..
Commissions and salaries
paid during tha year
Taxes, licenses and fees
paid during the year
Amount of all other ex
4, 412.074. Or,
.T.17I.3T
yo.ooo.ou
9,267,680 H
487.731.94
818.492. OS
Total expenditurea 9 12,405.1 51.1
Assets
Value of real estate- own
ed (market value 9 4.297. 145. .U
Value of stocks and
bonda owned (market
or amortised value)... 6. 56.1. 075. G 1
Loans on mortgages and
collateral, etc 57.914.1 M7.i",:t
Premium notes and policy
loans 12.839.067.71
Cash in banks and on
hand 42".. 136 Hi
Nrt uncollected and de
ferred premiums 2. 060. 044. OH
Interest and rents duo
and accrued ,. 3.202.243 2
Other assets (uet) 1,865.7 J
Total admitted assets $ 86, 305,366. OJ
Liabilities
Not reserves $ 72.994. OCl.Oil
C'ro.-s ilaims for losses
unpaid 261. 969.
All other liabilitiea 10,666. 433. C, I
Total admitted assets.. 9
Liabilities
Gross claims for ? losses
unpaid 9
Amount of unearned pre
miums en all outstand
ing risk , ;
Dae for eommiaaioa and
brokerage
All other liabilities .
1.541.372.91
S4.308.70
323,102.22
none'
11.500.00
Total liabilities, exclu
sive af capital atock of
9500,000.00 : 9 358.910.92
- Basin la Oragoa for tha Yaar
Net premiums received
during tha year 9 3,104.09
ixtsres paid during tha
year : none
bosses (scarred during
the year noe
SENTINEL FIRE INSURANCE
- COMPANY
Cm. O. Balkley, PresMeat.
s. xi. miamatn.
Total expenditurea 9 21,957.35
Assets
Value of real estate own
ed (market value) 9 none
Value of stocks and bonda
owned (market value).. 80.2,974.00
Uoana on mortgages and
collateral, etc none
Cash ia banks and oa
hand 150,798.33
Premiuma in course of
collection written sine
September 30. 1927 945,575.30
Interest and rests due
and accrued 12,586.88
Total admitted assets. 8 1.211.884.01
Liabilities
Gross claims for loss
unpaid none
Araonnt of unearned pre
miums on all outstand
ing rlaka ..: son
Due for commissi oa aa
brokerage noae
All other liabilities S6S.079.43
Total liabilitiea. exclu
sive of eapital atock of
9400,000.00 9 366,076.43
BnatnaM ia Oragom for tha Yaaz
Xet premiums received
unrtng tne year . . bob
I Losses paid during the
year -
Loaaoc incurred during
ana
tne rar noae
XISXEAFOLI8 FIRE AND M ARISE
INSURANCE. COMPANY
Fred C. Vaa, Dusea, President.
Walter C LaaeJr, Secretary.
Synopsis nf the Annual Statement of the
MIDLAND NATIONAL LIFE INSUR
ANCE COMPANY
of Watertown, in the State of South Pa
kota. on the thirty-first day of Decern
ber 1927. made to the Insurance Com
missioner of the State of Oregon, pursu
ant to law:
Capital
Amount of capital stock
psid up 3
Income
Total premium income
for the year 9 735,076. 40
Interest, dividend and
rents received during
the year
Income from other sour
ces received during
the yesr .
Total income 9
Disbursements
Paid for loes. endow
ments, annuities and
surrender values 9
Dividends paid to policy
holders during the
year -
Dividends paid on capital
stock daring the year..
Commissions and salaries
paid during tha yesr..
Taxes, licenses and fees
paid during Ufl year..
Amount of allTrther expenditures
300.000.00
261,012.51
20,221.58
1.016.310.49
409.436.75
23,565.26
91,000.00
179.690.11
34.852.60
66.308.53
Total liabilities, ex
clusive of capital
M.H-k of $700,000 9 83. 923. 064. .".7
Bnslnesa in Oregon for tha Year
Grow premiums received
during the year.."- ......9 245.935.04
Premiums and dividends
returned during the
yesr 44.027.41
l.osies paid during the
year . 28.500. (K
EQUITABLE LIFE INSURANCE COM
PANY OK IOWA
U. S. Vollen. President.
B. F. Hadley, Secretery.
Statutory resident attorney for servicer
T. J. Hinder.
Synopsis of the Annual Statement of tlia
MASSACHUSETTS PROTECTIVE
ASSOCIATION, INC.
of Worcester, in the btate of Maseachn-
etts. on tha thirty-first day of Decem
ber. 1927. made to the Inauraaca Com
missioner of the State of Oregon, pursu
ant to law : i
Capital
Amount of eapital stork
paid up 9 500,000.00
Incema
N'et premiuma received
during the year 9 7,018,826.47
Interest, dividends ond
rents received during
the year
Income from other sources
received during; tha
rear
805,799.15
577.OL9.07
Total expenditures .J. .9 739,353.25
Assets
Value of real estate own
ed (market value) 9 472,044.53
Value of stocks and
bonds owned ( market
or amortised value) 725,949.68
Loans oa mortgages and
collateral, ate 9.149,430.47
P rami urn notes and policy
loaas 1,011,486.95
Caah ia banks and oa
hand 137.738.1S
Xet n;ollected ad de
ferred premiuma - 78,061.21
Interest and rent dna
and accrued 82.090.97
Other aksets (net)... 7,481.83
Total income 9 7,901,144.69
Disbursements
Xet losses paid daring
the year including ad- . .
justment expenses 9
Dividends paid on capital
stock durint- the veer .
Commissions and salaries
paid during tha year ...
Taxes, licenaes and fret
paid during the year ...
Amount of all other ex
4.357,453.99
60.000.00
1,711. 444.23
171,982.79
784,579.71
Total expenditures 9
Assets
Value of real estate own
ed (maet value) 9
Value of stocks and bonds
owned (market value)..
Loans oa mortgages and
collateral, ate. ,
Cash ia banks and oa
hand
Premiems in coarse of
collection written si ncs
September 80, 1927
Interest . and rents doe
and accrued .
7,075,165.71
315,000.0-
5,745,546.60
. 276.933.90
871.008.73
19.982.17
' 110,690.9
Total admitted assets 9 4.669,283.75
Liabilities
Xet reserves 9 3.581,284. 6
(rroea claims for losses
unpaid 22.984.00
All other liabilities 355.159.08
i Robinson S TJon Tantf ! rcH Statutory reaiaeat attorney for servito: Statutory real deal attorney for
KODinson, . Lon LnilS, l, Cecil r. jr., ParUaad, Ora. . lataraaee Commissioner.
Total liabilities, ex
clusive nf eapital
stock of 8300.000.00 9 3.959.427.71
Baa in ass in Oragoa for tha Yaax
3 roes prem:ms received
dartag the yoar 2.017.68
Preasiams and dividends ;
returned during . tha
yoar, , . 83.24
ossas paid daring tha
year ;- - 1.30O.00
MIDLAND NATIONAL LIFE INSUR
ANCE COMPANY
S. I. BoIL ProsldoBt.
P. L. Bramble, Seers tarv.
Total admitted assets. 9
i I Liabilities
Gross claims for losses
unpaid 9
Amoaat of uaaaraed pre
miums on all outstand
ing risks
Dna for ewm mission and
brokerage
All other liabilitiea
7,839.432.31
1,879,953.75
2,948,817.14
9.880.69 '
245.675.04 ,,
Total liabilities, oxela- . . (t
slva of eapital stock of . T.
9504,000.00 9 S.07TJ87.34
Baslnaaa la Ore goo tot taa Year
Net praasiuaa received , .
during tha, yoar 9 78.889.4t "
Losses paid -daring tha -i'-
year . 48,628.531
Loose Incurred . daring
the year .... ' 87.238.84' '
THK MASSACHUSETTS PRO. ASa
in v.
: Charles A. Harrington, President.
. Laaaaal O. Madrklaa. fieMt
Statutory roatdant attorney for servies: Statutory reaidtat attorney for ssrvjo'
vvaaaiisaioBor ox i iisnsrs. ' a. . vroaen.
1