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About The Bend bulletin. (Bend, Or.) 1903-1931 | View Entire Issue (Jan. 25, 1917)
nENI) BUKtETIN, BEND, OREGON, THURSDAY, JANUARY 25, 1017. page: 3 iJV? 11 KATZ PAYMENT .FORBES OFFERS BILL TO REPEAL7 LAW, I -Colombia Southern Promoter Stands Chanco of Losing $20,000 Voted Two Years Ago to Reimburse Illm for Tumnlo Work. (From Thursday's Dally.) SALEM, Or., Jan. 18. (Special.) Roprosontatlvo Forbes started (something horo yesterday when ho Introduced a bill to repeal Chaptor 238, of tho Session Laws of 1015, authorizing tho payment of $20,000 to Alma D. Katz, of Portland, In sat lsfactlou of his claims agalnBt tho Tumalo Irrigation project. Katz was ono of tho promoters of tho Columbia Southern project, which first undertook tho Irrigation of tho Tumalo section. On tho fail ure of tho original company, tho state stepped In, and, making an ap propriation of $450,000, completed 'tho project. A part of tho work was tho diversion of the waters of Ora tor crook to flow Into Tumalo croek and thoreby provldo an additional wator supply for tho project. Would Stop Payment. On tho completion of tho work, Katz catna forward claiming that ho bad a filing on tho Crater crook wa ters, nnd that much of tho engineer ing and other work dono for tho Co lumbia Southern had been made uso of by tho stato In completing tho project. For this tho Desert Land Hoard recommended a payment to Katz of $20,000, and tho bill was passed by tho 1915 legislature. Mr. rijfcpi Forbes now Books to novo this net I UJIUUIUII. Claims Aligned. Nothing has yet been paid by tho fltato to Mr. Katz, and It is under stood that ho has assigned his claim to tho Security Trust & Savings Co., of Portland. Itoprosontatlvo Laurgaard, who -was tho engineer In chnrgo of tho project and recommended to tho "Land Dourd that tho payment ho Tnado to Mr. Katz, Is opposed to tho Forbes bill, and tho Multnomah del cgatlon Is expected to lino up solid ly In ICatz's behalf. Tho passage of tho now bill Is doubtful. ) HOGUE RIVER PEOPLE PLEASED AT REUNION IMoro Tlmii (10 Present at Ilunquct (JIvcn Iju.t NlKht Affair Mny Ho Duplicated in Near Future. (From Saturday's Dally.) With Louis llonnott presiding, soma CO formor residents of Koguo lllvor valloy gathered at tho Wright Tiotol last night for tholr first ban quet and reunion slnco coming to llond. Tho affair was consldorod no successful that It Is thought prob- This Tower Is Merely of Velvet h jj . t REALLY CHIC. TM rmtbar elaborate turban U bank of two tones of old rot vtlrct over a Mack pann bas. which U trapp4 with narrow matal ribbon confined br t4guat elusttr of prtn flowara. TUMALO BILL IS WIDER III SCOPE PROVIDES A LOWER IN TEREST RATE. Has Fair Chanco for Poising,' is Be lief .Joint Memorial Asking Nav al lluso Approved New Ve hicle Tax Proposed. (From Friday's Dally.) (Br United Treaa to The Dally Dulletln) SALEM, Or., Jan. 19. Tho bill Booking a $26,000 appropriation for tho investigation of tho causo of tho troublo at tho Tumalo rcsorvolr, has been onlargod to Include tho pro visions that tho Interest rato shall bo reduced from bIx to flvo por cent, commencing Decombcr 1, 1916, that contracts shall bo extended from 10 to 20 years, and that Columbia Southern stockholders shall recelvo an extension of tlmo to Juno 1, 1917, to oxecuto assignments. Sovon have failed to do this. It Is expected that tho bill will havo a fair chanco to passing. To Visit Unit entity. Tho Senato unanimously passed Lelnonwober's Joint memorial urg ing Congress to appropriate $3,000, 000 for tho building of a naval baso at tho mouth of tho Columbia river. Thoy also voted to accept tho Invita tion extended by tho Eugcno Cham ber of Commerco to tho lcglslaturo to visit tho Unlvorslty of Orogon. Sonator Garland, of Lobanon, and Sonntor Strayor, of Baker, voted against nccoptlng, declaring that It was wasting tlmo. A resolution of sympathy was passed, regretting tho death of Ad miral Qoorgo Dewoy. Copies will bo forwardod to President Wilson, nnd to mombors of tho bereaved family. Would License Guns. Itoprcsoutatlvo Swoonoy, of Joso- phlno county, Introduced a bill In tho Iioubo to llconso guns, nnd not hunters. Ho said that many evado tho hunting license, nnd that tho necosalty of securing a gun permit will halt all evasions. Sonator Mlnton presented a now motor vohlclo registration law, fix lug tho llconso fees on steam and gasoline vehicles at GO cpnts por hundred wolght, and 50 cents por horsepower. Tho mcasuro would BOt tho tax on olcctrle plcasuro vehicles at $10, and tho motorcyclo tax at $8.00. ablo that futuro gatherings of tho kind will bo held. II. II. DoArmond dollvorod tho ad dress of wolcomo, J. A. Kastes gavo a forecast of tho futuro of Bond, and addresses woro given by O. W. Shrlnor and Walter Forguson. A piano solo by Mrs. II. S. McCluro, a vocal solo by Claud Motz, and road rings by Mrs. S. B. Graham and Mrs. Louis Bonnott woro grontly onjoyod. As a featuro of tho ovonlng, was tho roll call, each guest giving bis or her name, formor resldonco, and tlmo of coming to Bond. School Days are Here Boo to It that tho children's shoes aro well cared for. Money Is saved In doing so. Our shoo repairing ranks tho best Only tho highest quality leather usod. V: GUARANTEE ALL WORK TO BE SATISFACTORY. Austin's Quick Sboe Repair Shop. Wright Hotel Bldg. Greenwood Ave. HAVE YOU TRIED THE Wet Wash Laundry One Day Delivery Service 20 Lbs. Dry Wt. 50 Cents SANITARY LAUNDRY PHONE RED 1461 LANDLESS MAY USE LOAN ACT TO BECOME OWNERS OF FARM TRACTS (From Friday's Dally Bulletin) By Frank It. Wilson, Of the Federal Farm Loan Durcau. (Written for the United Press.) WASHINGTON, D. C, Jan. 19. Tho question has bean troquontly asked, "How can a renter who has not saved GO per cent of tho pur chnso price of land mako uso of tho Federal Farm Loan act to get land of his own?" The answor Is, by means of a first mortgage given under tho Form Loan act for CO por cent- of tho purchase prlco provided this does not oxceod 60 per cent of tho nppralsed value and a second mortgago given to tho tprmor owner of tho land or to n bank or private money lender, for tho balance. It must bo borno In mind that tho amount which can bo borrowed un der tho Farm Loan act Is limited to 60 por cont of tho appralBod valuo of tho land, and this is written on tho assumption that tho tenant will not pay more for his land than It It actually worth, or, In other words, Its appraised valuo as contomplatod under tho Farm Loan act. To furnish a concroto oxamplo: Supposo that John Smith, n renter, unntB to buy 100 acres of land, valued at $60 an aero. Tho totnl purchase price would bo $6000, but John Smith has not tho money to buy It. Undor tho Farm Loan net, Smith would bo entitled to borrow $2500 of tho appraised value, If this appraised valuo should bo tho samo as tho purchaso prlco. This would leave $2600 to bo handled by a second mortgago. Tho amount borrowed under tho Farm Loan act would ho paid to tho original ownor of tho land and a' second mortgago execut ed for tho dlfforenco. Tho original owner would thus got a satisfactory payment down, nnd If ho had contldonco In tho purchasor ho would probably bo willing to nc copt a second mortgago for tho bal ance divided Into ton annual pay ments. Horo Is tho way It would flguro out: Tho first mortgago of $2500 given undor tho Farm Loan net would draw lot us say flvo and ono-halt por cent Interest and would bo paid off on tho Installment plan through a por lod of 40 years, by making annual payments of $155.95. Now let us say Hint tho second mortgago would draw 5 por cont and could bo arranged so as to bo retired In 10 years. Tho Interest on this $2500 mortgago at C por cont would bo $150 tho first year and ono tenth of tho $2600 would bo $250. Adding tho Interest nnd tho one tenth annual paymont would mean a payment of $400 on tho second mortgago tho first year. Tho second year payment would bo $385 and tho following payments through tho 10 years to rotlro the second mortgago, both principal and Interest, would bo $370, $355, $340, $326, $310, $295,, $280 nnd $205. On top of theso annual paymonts would bo tho $156.95 Intorcst and amortization payments on tho first mortgago to tho Federal Land Bank, so that tho total paymonts, Intorcst and principal, on tho two mortgages would bogln at $555.96 and dwlndto down to $420.95 tho tenth yonr, and after that only $155.95 each year. It tho torms of tho second mort gago could bo arranged for longor than 10 years, tho required annual payments would bo corresponding roduccd. ThoBo payments aro no greator than tho avorngo tonnut pays for ront. Tho first yenr payments on both theso mortgages would amount to approximately $6.60 an aero. Thoso would gradually reduce until tho tonth year ho would bo paying $4.20 an aero, and each year aftor that ho would bo paying only $1.55 por aero por year. Instead of being paid as rontal, this money Is applied on tho purchase prlco of tho land. Tho Intorcst rates quoted In this lnstanco aro suggestions only nnd nro not to bo taken as au official state ment of what rates will prevail un der tho Farm Loan act. BIG FA1K PROPOSED l? (From Friday's Dally Bullotln) (Morrill Itocord.) Tho Klnmnth Falls Evonlng Herald suggest that n flvo counties fair of Siskiyou and Modoc counties In Cal ifornia, and Klamath, Lako and Crook counties In Oregon, bo hold this year, and that stockmen, ranch ors and farmers bo Invited to mako exhibits for prizes that would bo worth tholr tlmo nnd oxponao. Wo aro not suro that this would not bo a good plan, provided that the cheap way of trying to got something for nothing did not enter Into It and that an association worthy of tho namo was formed that would hack tho cntorprlso and not bo nfratd to mako up a Uttlo deficit (If ono was incurred). Sco J. Uyan & Co., for farm land lonns. Adv. Brooks- Scanlon Lumber Company Lumber, Lath, Shingles, Building Material, Kiln Dried Flooring nnd nil kinds of Finish SASH AND DOORS COMPLETE STOCK of Standard Size.. BROOKS-SCANLON LUMBER CO. Telephone Red 1431 oi 701 City Salet Office Bend Company Building 600,000 FELT OF S 1 ANDERSON BROS. TURN OVEH PRACTICAL! A" ENTIRE STOCK AT MILL TO UROOK8-SCANLON LUMIIER CO. (From Friday's Dally.) Tho salo of between 500,000 and 600,000 foot of lunibor to tho Brooks Scanlon Lumbor Co. vas roportod today by Emit Anderson, of tho An derson Bros. Lumbor Co. The con sideration was not mado public. Tho transaction represents tho entiro stock of the Anderson mill, with tho exception of culls. With tho exhaustion of tholr tlm bor holdings, tho Andprsons closed their mill several months ago, and tho depletion In certain lines of their stock mado It difficult tor thorn to contlnuo to do business with tho re tail trado. Tho salo to the big Bond corporation followed. Mr. Anderson was uncertain as to how soon tho mill would reopon, but stated that this would dopend on tho purchaso of anothor tract of timber. Different Kinds of Coughs. Colds lead to different kinds of coughs "dry cough," "winter cough," la grlppo cough, bronchial cough, asthmatic cough, and racking, painful cough to rnlso choking phlegm. Epos Hnlhort, Pnoll, Ind., writes: "I coughed continually and could hardly sloop. Foloy'c Honoy nnd Tar relieved mo. curing my cough entirely." 8old ovorywhoro. Adv. Worth Attention of Women. When you feel too tired to work, wnko up weary, havo backacho or pains In sides, whon you suffor rhou matlc twinges you may bo sura tho kidneys aro disordered. Fay Shel burg, All, Mo writes: "I had kid ney troublo for two years. Nothing; did mo any good until I got Foley Kldnoy Pills. Two 60c boxes cured mo." Sold ovorywhoro. Adv. For farm land loans bco J. Ryan. & Co. Adv. isr JOF a wrr iWVH Mr rv "7jr iiranniimnniimraimram Why not gtvo your 1 ooy anu gin nu opportunity to mako their home aludu easu and efledivef Cilva them tho samo chances to win pro motion and success as tho lad having tho advantage of fw WEBSTER'S NEW INTERNATIONAL Dictionary in his homo. This now creation answers with final author ity all kinds ot puzzling questions in history, geography, biography, spelling, pronunciation, sports, arts, and sciences. 400,000 Vocabulary Tcrmi. 2700 Pages. Over 6000 1 tluitrnttont. Colored Date. Tat eatf dItloirr wtta th Dlrtdtd ftp. The typo matter is equivalent to that of a 18-volumo onoyolopodia. More Scholarly, Accurate, Convenient, and Auiliorltatlto than any other tnj- iku uiciionary. REGULAR AND INDIA- TAPER EDITIONS, WniTn for .neclmcn nucaa. Illustration), ets. 111.& taint IVmIcM Map It you oamo thil paper. O.&C.MERRWMCO, SPRINQFICLO, MASS. j lIllllllllllllfllllllllllllilwilillMlmniiinitiMMitnisnl iisx ur m r V aW wwm tui, .".Br Bring Yout Family U the Allamont lot a good I Sunday Dinner. . . 40c 12 to 1:30 Nicest Sunday Supper In Bend Served from 6 to 7 P.M. 30c SPECIALS IF DESIRED HOTEL ALTAMONT CASTINGS IN GRAY IRON AND BRASS IIUFFSCHMIDT-DUOAN IRON WORKS DEND. OREGON PHONE BLACK 741 HomoeP armtlty ., i. amnrTiii ', J'VJ rerfecSon Oil Heater Ready and glowing at the touch of n match giving a cheery, odorles3 varmth. Burns PEARL OIL, the clean, cheap fuel. In blue or white enamel or plain black harmoniz ing with the finest surroundings. Prices: $3.75 to $7.75 For Sale by BEND HARDWARE CO. F. DEMENT & CO. OSOAIt CAKI.SON HI) LYONS Carlson (8i Lyons PLUMBING AND HEATING Plumbing & Hontlng Huppllo-i, Ilatli Iloom AccoorlM, etc 1IPK, VAIjVIM and fittings piioNi: iuci) inoi BOX AND SLAB WOOD Now $3.00 Per Load OREGON FUEL CO. PHONE US NOW -KED 661 Lots at H af the Price Asked in other additions of Equal Distance from the Business Center. Lots 40X105. $75 for Inside, $100 for Corners Lots 50X125 . $100 for Inside, $125 for Corners REAL ESTATE INVESTMENTS Central Oregon's Leading INSURANCE AGENCY Fire Automoble Life Accide&t Snrety Bonds J. A. EASTES OREGON STREET, DEND, OREGON Member PortUod Iteoltjr Hoard. I