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About The gazette-times. (Corvallis, Benton County, Or.) 1909-1909 | View Entire Issue (July 2, 1909)
v . ' " ' Street Paving at Cottage Grove. An order was issued at the last meet ing of the Cottage Grove City Council lor the purpose of paving Mam street from the Southern Pacific depot to the Coast Fork bridge, a distance of five tod a half blocks. Work has already begun in the second and third blocks. The First National Bank OF CORVALLIS (No. 4301) Report of the Condition of The First National Bank of Corvallis, at Corvallis, in the State of Oregon, at the close of business, June 23, 1909 RESOURCES. toShs and Discounts J204.M6 41 Overdrafts, secured and unsecured 1,114 91 t7. 8. Bonds to secure circulation 50,(100 00 Bonds, securities, etc 89,213 89 Banking-house. furniture and fixtures 81,221 47 Other real estate owned 1,333 58 Due from National Banks-not reserve agents 102,862 73 Due from State nd Private Banks and Rankers. Trust Companies, and Sav- ings Eanks 32,521 40 Due from approved reserve agents 121, 96 07 Checks and other cash items 2,fi8: 21 Notes of other National Hunks 3,460 00 Fractional paper currency, nickels, and cents 139 94 Lawful Money Reserve in ' Bank, viz: Specie 77,192 95 Legal-tender notes 690 00 77,882 95 Redemption fund with U. S. Treasurer 5 per cent, of Circulation 2,500 00 Total ?724,279 36 LIABILITIES. Capital stock paid in $50,000 00 Surplus fund 10,000 00 TJndivided profits, less expenses and taxes paid 17.317 80 National Bank notes otitstanding 47,sflo 00 Due to other National BanKs 6,226 16 Due to btate and Private Banks and Bunkers 801 95 Dividends unpaid 2,300 00 Individual deposits subject to check 472,1116 89 Savings Deposits 61,552 19 Demand certificates of deposit 44,081 41 Time certificates of deposit 100 00 Certified checks 4,126 00 Cashier's checks outstanding 2,778 61 Reserved fol taxes 600 00 Liabilities other than those above stated 13,003 35 Total 1724,279 36 State of Oregon, County of Benton ssi I, M. S. Woodcock, president of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. M. S Woodcock, President. Subscribed and sworn to before me this 29th day of June, 1909 E. D. Horgan, Notary Public. Correct Attest: C H. Woodcock, E. E. Wilson, E. F, Wiles, Directors Albany Aroused . Over Liquor Law The regular June term of Depart ment No. 1 of the circuit Court, with only actual value of the property rec ognized in making rates or traffic fcr the people. - , Senator Bourne is particularly deci sive in the matter and says he favors President Taft's recommendation to pass an income tax ot 2 per cent in the Judge George H. Burnett presiding, ! S L'fT' convened at Albany yesterday. The docket is a small one and unless the grand jury brings in some true bills and some of these cases are set for trial all the business will be handled in a very short time. General interest centers in the en- that the extra status of all public ser vice enterprises can be reached. Oregon's Circulating Libraries In her report made to the State Li brary Commission, at its meeting last Week. t.hf RffroaMr Mice Mamn'n rtll forcement of the local option liquor ed attention to the "increasing necessity , in Vregon for offering access to librar ies on political science. " Continuing, law. For some time rumors have been floating that special detectives have been in that city and that other meas ures were being considered to stop the illicit sale of intoxicants. A short time ago the sheriff with a deputy went to all the near-beer joints in Albany and purchased samples of the temper ance drink they were selling. These were sent to the chemist at the Oregon Agricultural College for analysis. The report has been received and will be laid before the grand jury. Arrests are likely to follow. In addition the city council has gone on record against these innkeepers and has decided to force them out of business or to pay al most a prohibitive tax. Some favor $1000, others unhesitatingly declare themselves in favor of $2000. Twelve or 15 dealers in these drinks will pro bably be forced out of business. the report says: "The people in Ore- , gon are, to a certain extent, 'going it alone' in their political experiences, but , there has been no case in which it has j not been possible to benefit greatly by i the experiences of some other nations I or states. This is especially true in ; some measures to be voted upon at the J next election guarantee of bank de i posits, single tax, classification and jseparation in taxation.,, The report ' shows that thirty new traveling libra . ries have been purchased since Janu ! ary and continue to show increasing popularity. The circulation of these libraries ranges from a few hundred upward to 2000 volumes. ' Sidewalk at Seaside. PLAN YOUR VACATION NOW at our expense A CHOICE OF FOUR FREE TRIPS Oregon Men Working For Law Both Senator Bourne and Congress man Hawley have written the Portland Chamber of Commerce that they will use their best efforts toward the enact ment of a law compelling railroad com panies to file statements regarding cost of roads and value of plant. The Chamber, some time ago, through its board of trustees, demanded ttie en actment of such a law, in order that a proper basis might be established upon which freight and passanger charges could rightfully be made. The water ing of stock was to be eliminated, and The new bridge at Seaside over the Necanicum was finished Sunday and Bridge street is in fine condition from the depot to the ocean. The new ce ment walk on the south side from the depot joins that on the Dresser block, leading to the bridge, which meets the cement walk on the west side, making a direct line to the ocean, so that strangers will no longer be obliged to inquire the way . to the beach. Last Sunday brought a large number of peo ple to that city. Some of them returned on the evening train, but many re mained to spend several weeks by the sea. The cottages are rapidly filling and already numbers of transient vis itors go by every train. I The Daily Gazette, 50c per month. IS OFFERED YOU FATTI V DURING ALASKA. K-,1-v 1 YUKON EXPOSITION YELLOWSTONE NATIONAL PARK YOSEMITE VALLEY LAKE TAHOE ALL YOUR EXPENSES PAID IF YOU HAVE FRIENDS IN THE EAST WHO WANT TO VISIT THE PACIFIC COAST WE CAN ARRANGE IT This is your Opportunity For complete information address Sunset Travel Club "Tarr Grand Parade , Music, Bands and Chorus 1 50 voices Oration Sports, Races, Ball Game Day and Evening Fireworks COME TO CORVALLIS ON THE 5th