page
rom
MONDO. JULY HI, 11*21.
GRANTS PASS DAILY COURTTn
You Will Save Time
Ry asking us first for anything you
may need in the line of
Hardware
Rogue River Hardware Company
The WINCHESTER Store
PERSONAL “S LOCAL
Leave Vour Orders—
For gladiolus bloom, grown by
Mrs. Emma C. Ament, at Soul hern !
Ore. Gas Co.
55
Watermelon«. 2c Ito.—
Glasses fitted at Letcher & Son’s.
Grants Pass night. Tent tonight.
At Truax Grocery.
fit
Get in the picture. Tent tonight.
61
51
Miss Marjorie llontlg has left for
Fresh fruits—Tourist Grocery. If Portland, where aho will spend the A Bargain—
Dance from nine till one nt Gold
It), 26 and 3 5 cents for lady and next two weeks visiting.
Hill Sat. nite, for ll.lt).
60
gentleman or two ladies, which
It's western comedy, Tent tonight.
means IT Vs cents each, at Tent to
61
night.
51
Fined for Disorderly Conduct—
Mrs. E. H. Lister has returned
Optical goods at Letcher A Son’s.
C. C. Cornell and Lillian King ap
It s the climate; it’s the show. from Portland, where she has been peared in police court this morning
I
visiting
relative
for
the
past
week.
Crowd the Tent tonight.
51
and paid fines of 1100 each on
I.adies free night. Tent tonight. 61
charges of disorderly conduct, They
■
Mrs. Dana B. Fox of San Fran
were arrested last night.
cisco Is spending the summer with
her sons. E. B. and C. L. Fox. at
(¡<$hl llill 1 inner—
I Applegate, Ore.
fit»
Saturday, July 19th.
See yourself in pictures. Tent to
night. Grants Pass Booster.
51
Mr. and Mrs. Henry Truinbly and Funeral llehl at Medford—
Funeral service« were held at Mod
family left this morning for Kali
spell. Mont., when* they expect to ford on Saturday afternoon tor .Mrs.
H. E. Burdick, who died at her home
remain.
I'll l>e there. Tent tonight.
51 in San Francisco on July 16. She
W. C. Harmon came over from was a sister of Mr«. Fred M Merrill
the Kesterson sawmill at Topsy and of Takilma.
spent the week-end in the city. He
Fancy Head la'll uve—
expects to return there today.
Tomatoes and green beans at
Wilbur Davis has arrived In Grants
51
Pass from Portland to spend the Truax Grocery.
summer with his brother, A. B.
Vncntion Pholograpli«—
Davis.
Eat 'em up. Jake. Tent tonight. 61
Will alwuy« be a joy if you have
Mr. and Mrs. P. A. Schallhorn and them finished nt the Artcraft Studio
daughter have arrived from Albany
51
to spend a week visiting friends here.
They were formerly residents of Marriage Lirt'lises Issued—
Marriage licenses have been Issu-
Grants Pass, having owned a grocery |
| t>d to Robert t'arl Moore of Pasa
store here.
Mr. and Mrs. H. H. Allyn. Mr. and dena. and Anna June Malone of
Mrs. C. R. Cooley and Mr. and Mrs. Wonder, and to Frank Ed Robert
C. R. Bodler of Portland, returned son and Ida May Davis of Wolf
EVELYN KINCAID
lust night from a camping trip at Creek.
Prospect. From Prospect they made
numerous side trips, visiting Crater Kodak Finishing—
and Diamond lakes, the natural
A h good an the rent, if not the
bridge and other places near there beat. Artcraft Studio.
51
LADIES fREE
To those of our customers who want Monograms or Initials stamp
ed on their materials and who ranno« walt, W« ret orninomi
Reform Initials
In stock In nil sis«'« ami combinations, nuide of pure wool
Will not break—Will not shrink.
Mrs. NELLIE NEAS
JUST IN
A fillT LINE OF TEAPOTS
Imported from Kuglnnd
Big Tent Tonight
»
S HINGLES
—
Our Shingles are Premium Star A Star, absolutely
the l>est in Southern Oregon
Three C’s Lumber Company
West G Street
Phone 59
I
IT’S EASY TO TAKE
with you.
Some time this month or next,
we hope you will be one of the
lucky ones to knock off a few
weeks.—and do nothing but
enjoy life.
Before you do it. come in and
tell us: “Hand me over one of
those compact little portables
you have in your window, and
about a dozen good records.”
If you take our advice, you'll
have a vacation as you’ve never
had one before. You'll marvel
at the playing of one of these
portables which can be carried
in one hand.—and you'll be
happier for taking it with you,
—anywhere.
$12.00 to $60.00
The Music and Photo
House
S. Rowell
Couch’s Pharmacy
Harry E. Couch. Propr.
FULL LINE
of
HAIR CLIPPERS
$2.00, $2.50 and $3.00
10 per cent Cash Discount
July Reduction Sale
HELMER’S
“The Home of Good Furniture"
JOHN II VMM EL
TAILORING
Tuffs Bldg., 517 H Street
Miss Fay Price and Miss Carol
Peregov have left for Portland after
a visit here with Mr. and Mrs.
Charles Coburn and Mr. and Mrs.
W. Riley Biddle.
Mr. and Mrs. Frank Brewer and
son left for British Columbia this
morning. They have been visiting
here for the past two weeks at the
John Lloyd home.
Don McKinstry and Johnnie Kin-
caid arrived in town today from the
Caves, where they have been work
ing. They intend to remain in town
the rest of the summer.
Want Stores to «’lose—
A committee from the Chamber
of Commerce is to start work on
! soliciting business houses to close for
two hours during the grange picnic
Ion Friday, July 25. This would be
i between the hours of 2 and 4 o’clock
when Governor Pierce is speaking.
The committee is composed of R. K.
Hackett, C. H. Demaray and F. L.
Vannice.
ample
CLEMENS
Bells Drug« and Books
ZU
New Brunswick Records
Today at Rowell’s
al
Barnes Jewelry and Gift Shop
Men’s Oxfords
Brown or Black In Calf or Kid, all IJCATHKR, Oxfonls
that are st) 11-1» al •oilin' time com furiatole and SERVICE-
ABLE—H4JMI, HA-tMI. ».N.IH»,
Woodward’s
Nilo EH FOB THE FAMILY
will remain in Grants Pass
one more week, changing
plays each night, but never
changing prices
Children...... ....
10c
Adults
25c
Reserved Chairs__ ____ 10e
Making Best Seats
35e
A flash light picture of the
crowd will be made—so be
in it.
Ladies Free Tonight
2 Ladies or lady and escort
admitted on one paid 35c
ticket tonight only.
It’s the csh “ we
Grants Pass
Gateway to the Oregon Caves
THE CALIFORNIA OREGON
POWER COMPANY
CALIFORNIA OKHA>N
PUWYR COMPANY
Preferred Capital Stock
Price $98 per Share
YIELDING 7.14%
The proceeds of the sale of this stock will be used
exclusively for new, income-producing additions to
and betterments of property and equipment.
It HR PAR IN >A3
IN PAOGRKSS
THE COMPANY
THE STOCK
The history of The California Oregon Power Com
pany shows a substantial growth in facilities snd
earnings resulting from the large sums of money in
vested in its properties and from the development of
the territory which it serves.
Par value $100 per share.
Dividends have been paid on The California Oregon
Power Company Preferred Capital Stock each quarter
since issuance, without interruption, at the rate of $7
per share per annum. Dividend checks are mailed
every three months.
Proceeds of all securities sold are devoted exclusive
ly to additions to and betterments of the Company’s
properties.
The stock is not assessable by the Company for
any purpose whatsoever. It is non-callable, and if pur
chased at the present price, yields a return of 7.14%
on the investment.
It is exempt from Federal Normal Individual In
come Tax.
It takes precedence as to assets and dividends over
common stock amounting to $4,441,100 par value. This
means that all dividends on the Preferred Stock must
be paid in full before any dividends may be declared
on the common stock; and that the Preferred Stock
has a claim on the assets of the Company prior to the
common stock. The equity in assets back of the Pre
ferred S’ock amounts to more than $9.000,000.00 as of
May 31, 1924—over two and one-half times the par
value of the Preferred Capital Stock now outstanding.
Steady Growth in Customers Served
The territory now served by The California Oregon
Power Company includes parts of Jackson. Josephine,
Klamath and Dou;;laa Counties in Oiegon, and
Siskiyou County and parts of Shasta and Trinity
Counties in California. This is an area equal to the
combined areas of the States of Massachusetts, Rhode
Island and Connecticut.
During the ten years from 1913 to 1923, the num
ber of consumers has grown to the present total of
18,225, an increase of 177"r. Due to the increasing use
of electric power for industrial, agricultural and do
mestic purposes, the Company’s output has grown from
approximately twenty-six million kilowatt-hours in
1913 to one hundred and fifty-two million kilowatt-
hours in 1923—an increase of 475%.
In addition to its local consumers, the company en
joys a large and advantageous wholesale contract
demand from other power companies, thus greatly
expanding and diversifying its field.
Increase in Facilities
SPECIAL NOTICE
■
i
THE EVELYN
KINCAID
DRAMATIC CO.
This is the time of the year
when Items such as the follow
ing are most useful no matter
where you go:
Couch’s Pharmacy
Swifts Premium
Hams and Bacon
The Truax Grocery
“The days of old.
The days of gold.
The days of ’49,”
Miss Kincaid as the girl
J. Burt Burton as the man
Canl of Thank«
I wish to thank the friends
acquaintances for their kindness
floral offerings in my sorrow.
Mrs. J. D. Dugan.
Be sure you have an
supply.
FOR FILMS. DEVELOP«
ING AND PRINTING
In by 0 a. m. out by 4 p. m.
“THE GIRL OF
THE GOLDEN
WEST”
Printed batter wrappers for
at the Courier office.
ABSORBENT COTTON.
ADHESIVE TAPE.
GAI ZE BANDAGE.
IODINE.
SNAKE BITE REMEDY.
SKEETER SKOOT.
To MM* them la to buy them.
And the play is
Thr Romantic Story of
Sunday Schools to Meet—
The Sunday schools of Merlin.
Hugo. Pleasant Valley and Oak
Grove will hold their group gather-
ings at Hugo. Sunday. July z
27.
<.
Special speakers from Ashland and
other points will be present, The
gathering is to be under the auspices
of the American Sunday School
I Union. It will be an all day gather
ing, with a picnic dinner.
felt.
The company owns and operates eight hydro-elec
tric plants in Southern Oregon and Northern Cali
fornia. In building these hydro-electric plants, natural
resources are developed which will be productive
forever.
The Company’s main trunk high tension and distri
bution lines at the end of 1923 were 1550 miles in
. length.
Tne actual investment in the construction of these
facilities has increased from $4,787,624.35 in 1913 to
$11,752.616.19 in 1923, exclusive of valuable water
rights and intangible assets.
Immediate Future Development
The Company is now engaged in building a new
4,250 horse-power plant on Link River at Klamath
Falls, and an additional power plant with a generating
capacity of 40,000 horse-power at Copco on the Klam
ath River, together with an important extension of its
high-tension lines. A large part of this increased pro
duction has already been contracted for, in the case
of the new Copco plant, and it is estimated by the
Company that the new facilities alone will increase its
net earnings by more than $400,000.00 a year.
where your money does its
Upon the completion of the new Copco power
house, the new Link River power house, and other
projects now commencing construction, approximately
Five Million Dollars in new and productive property
will be added to the company's physical assets.
The stock may be purchased in any amount from
one share upward.
It may be purchased either for cash or on our special
savings plan, namely, $5 per share as first payment,
and $5 per share per month. Interest is not charged by
the company on unpaid balances.
Interest is paid by the company, however, on all
partial payments under the savings plan at the rate
of 6% per annum. Interest checks are mailed to
subscribers under the savings plan every three months.
Subscribers who find it necessary to cancel their
installment subscriptions will be allowed a refund of
all payments made, plus interest earned, either in cash
or in paid-up stock. (A deduction of $1.00 per share
will be made to cover the expense of cancellation.)
The stock is listed on the San Francisco Stock and
Bond Exchange.
THE RECORD OF TEN YEARS’ GROWTH
Year
Value of Physical Prop
erties (not including
water rights, etc.)
1913
1923
$4,787,624.35
$11,752,616.19
Gross
Revenue
Operating and
Maintenance
Expense
Net Earnings without
Deducting Interest or
Depreciation
Kilowatt Hours
Generated
$203,515.03
$775,940.81
26,485,359
152,124,781
$347,261.70
$143,746.67
$1,370,544.78 $594,603.97
THE CALIFORNIA OREGON POWER COMPANY
Offices: Roseburg, Medford, Granta Paas, Klamath Fall«, Oregon
Ask any member of our organization,
or mail this coupon
*
Yreka, Dunamuir, California
. ............................................................ . ....................
THE CALIFORNIA OREGON POWER COMPANY
MEDFORD, OREGON
Please send me full information about your 7%
Preferred Stock and special partial payment plan.
Name
Addreas