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About The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898 | View Entire Issue (June 22, 1894)
Lebaucn Express; H. Y. KIRKPATR1CK. Editor - and - Proprietor. . THE STANFQRD SUIT. The suit of the United States against the Leland Stanford estate is an attempt to recover some part of the vast debt-of the Ceatral Ps cifio railroad to the government under a law of the state of Califor nia, which makes the personal estate of stockholders liable for corporation debts. The principal stockholders of the Central Pacific were Huntington, Hopkins, Crocker and Stanford., Huntington alone is living, but the administration of the estate ot Stanford is not finished. Suit is brought against the admin istrators as the easiest pay to test the validity of the law. Should it be sustained, suit certainly will, follow against Huntington and probably against the Crocker and Hopkins heirs, if they retain stock in the Central Pacific. , The debt iB more , than $50,000, 000: The United Slates guaranteed bonds of the Central Pacific to the amount of iiearly $26,000,000. On these bonds it has paid nearly $40,000,000 interest, and it must pay the principal when due, which will be in a very short time. The road has repaid .about $7,000,000 by transportation service and about $6,000,000 through thesinking fund act, leaving a balance of $53, flOO.OOO. This is secured by a sec ond mortgage upon the road, which is bankrupt and worthless; proba bly would not sell for enough to pay the first mortgage bonds. A plan is pending to extend the debt of all the bind grant roads 100 years at 2 per cent, in consideration of a mortgage upon branches not in cluded in the present lien. This may offer the government some security as to the Union Pacific, but it is valueless as to the Central which has no branches. Every thing in the Bystem, except the bare line across the mountains from San Francisco to Ogde'n, belongs to the Southern Pacific. Meanwhile the original and pres ent stockholders of the Southern Pacific are very rich men many times millionaires The founda tion of their fortunes was the mo ey advanced them by the govern ment to build the Central Pacific. Upon the credit of that property and out of its profits, they built the magnificent Southern Pacific system, whidh brought them enor mous fortunes and still is valuable property. They have so manipu lated affaire that the Central Pa cific, upon whidh the government had claims, earned nothing and depreciated constantly, while their own property monopolized all the profit. The government loaned them $26,000,000 and interest for thirty years, $62,000,000 in all. Out of this' they have made hun drsxlu of millions. They have paid $13,000,000 of the debt, but have so hugger-muggered the security that they ean not be made to pay any more unless their profits can lie drawn upon, through operation of this California state law. That is the situation in a nut ehell. The moral obligation of Stanford, Huntington, the Crocker heirs and Mrs. Hopkins to dis chargethe debt of the Central Pa cific to the government is clear, and it is not weakened by the fact that Stanford left his money to found a university. The suit oughf to be pressed. Oregonian. - : The Chicago Evening Journal, one of the most conservative papers in the west, and little likely to be moved by unnecessary alarm, sees nothing reassuring in presenkcoo ditions, but on the contrary much to cause apprehension and doubt. It says "it needs an optimist of the most pronounced order to see any thing in the signs of the times that is 'especially encouraging. Things are ripe for a change when certain prevailing conditions shall have chagged. Strikes all over the country and the dickering jn Con gress over tariff legislation are tfie principal elements tending toward depression. Capital is timid in the lawlessness. Troops, called out iy many states, riot run rampant, n coal famine and an apparent widen ing of the breach between capital and labor are not conducive to busi ness activity nor increased confi dence. Production has been cur tailed by these' troubles, but yet it is in excess of the demand, but there is general disposition to limit manufactures to the necessities of the day. Wheat is selling at.thti lowest price on record. Failures seem to be increasing, and the sit uation in general is one to make business men hesitate. Every thing is on such a low basis, and the liquidation has been so general excepting real estate, that a remov al of the causes which produce these serious effects would be fol lowed by a quick revival and higher prices. The clearings for the week Bhow a decrease of 21 per entlltand there are no .exceptions save among a, few of 'the Bmaller towns. Chicago holds her own as second on the list, with a decrease below the avers ge. Money is still very abundant, but bankers show less diBpostion to make loans and seem to be advancing rates. Gold continues to go out in large quan tities. The reserve is sadly de pleted and the deficit constantly increasing." One yea? ago last Tuesday the citizens of Linn county were sadly aroused by the sight of closed doors of three of her banks. The bank of Lebanon ceased to hand money over the counter on that day and its doors have been closed to busi ness ever since. The people jvere naturally and justly -jery indig nant. Their confidence hod. been betrayed and their savings squan dered. They have not Tet been paid and the whoy matter is before the courts for settlement. This was the beginning of very hard times that have been gettingharder eyer since. But there is light ahead, if we can trust the pros pects. There are large crops to harvest. Then there is the often repeated assurance given y our republican friends that times would brighten as soon as their candidates were elected. Times have natur ally brightened for these gentle men, whether or not this great brightness will be diffused among tEe masses is a question that time only can disclose. We shall hope for better times, and go for the republicans if we don't get them. Confidence is again "restored, as Pen n oyer is no more. So Says the Oregonian. We will see. If the California republicans were in Oregon they would be called Pennoyer populists. Their platform adopted at Sacramento Wednesday is almost identical with the one Pennoyer stood on in the late Oregon campaign. It Is even more radically populistic in de manding that part of the customs receipts shall be used by the far mers irt payment of grain ship ments to foreign ports. Nathan Piebce, the defeated populist candidate for .governor, has a vein of humor in hie compos ition. While on a visit to Pendle ton the other day he was asked what he was doing now. With a merry twinkle in his eye he replied "I am looking out for that 10,000 acre farm the republicans gave me in the campaign.. It was my first chance to become a land baron, and I don't want to lose it." The Linn County Review, pub lished at Sodaville, reached oor table again yesterday, C. G. Le Masters is this time at the helm and it is a bright end newsy little sheet. We,wish it success. Notice of Pinal Settlement. oticc is hereby given that the under signed, the executor of the last will of Joseph Moist, deceased, has lilnUhis final account as inch executor in the clerk of the county court for Mnn county, Oregon, and the court has fixed the Sth day June, 1894, at the hoar of 10 A. K. of said day for the bearing of objections, if any, to said report and tor the settlement of said estate. Datid, this the 23d day of April, 1894; C. F. Moist. Executor of the last will of Joseph Moist, deceased. 4. K. Vf bathirfoed, Att'y for Executor. . ; Kottae to Taxpayers. All persons who wish to save costs will tak notice that I will be compell ed to close the roll on or about June 25 1894. Preparatory to my settlement with the court. Costs will be added after that date. C. C. Juoksoo. Sheriff. Wanted, To trade wood for a Rood milk-cow. Inquire at this office. All Bel-sons knowing themselves In debted to me will please call and settle on I need my money and will be compelled to make onUectlous. 7. M. A. Miller. At a meeting of the committee for uuraebaok riding on July 4th It was deeided that the Indies should wear black dresses with red, white aud blue aashee, saddle blankets be white bound with red and blue stars In each corner, also white caps, Commltte will fur nish sashes. Mrs. SiUiTMABSH, Chairman Committee. Bometimeago I was' troubled with an attack of rheumatism. I used Chamberlain's Fain Balm and wa completely cured. I have blnee ad vised many of my friends and cus tomers to try the remedy aud all speak highly of It. Simon Qbldbaum, Ban Luis Key, Cal. For sale by N. W. Smith, druggist. I have two little grandchildren who are teething this hot summer weather and are troubled with bowel com plaint I gave them Chamberlain's Colic, Cholera and Diarrhoea Remedy and It acts like a charm. I earnestly Lrecommend It for children with bowel troubles. I was myself taken with a severe attaok of blood; flux, with cramps and pains in my stomach, one- uura or a Dome or wis remedv cured me. Wlthfti twenty-four hours I was out of bed and doing my house work. Mrs. W. L. Dunigan, Bon-aqua, Hiok mau county, Tenni For sale by K. W. 8mith,idruggist. Wanted To mp 1 y . L a d y or Gentleman to represent ua in each 'County. (Salary, 4ft per mouth. Ad dress with stamp. .. Ohas. A. Hobinjson'Co., SuliHa,.Kun SHERIFF'S SALE. In the Circuit Court of the Btate of Oregon for the County of Multnomah. 8. O. Alexander Plaintiff vs F. Wise Defendant Notice Is hereby given that by virtue of an execution an order of sale duly Issued out of and under theseal of the above named court in the above entitled Aotion to me directed and delivered commanding me to make sale of the Real Pronertv described in said execution to satisfy the sum of tone, wun i merest mereon at the rate or eight per cent per annum from the 27th day of October A. D. 1892. and the cosl,nd disbursement of the action aud the costs of aud uoon said execution said Real Property having berefore been duly attached In said action and I will on Saturday the 30th day of June, 1894 at the frontdoor oi the court house iu the citv of Al bany, Linn county, Oregon at the hour Of 1 o'clock P. M. of said day sell at public auction for cash in hand to the highest. bidder all the right title and interest of the defendeitfF. Wise in and to said Real Pronertv described asfolliws, to wit: Lots one (1), two (2), three (3) and four (4) in block number two (2) in Abny's Addition to the city of Albanv. Linn countv. Or egon, also beginning at the center of uiock to in iiackleman's second add! lion to Albany, ro Linn county, Ore gon, ana runmug tneuce south, paral lel with the wast boundary r aairl blook 110 feet, thence easterly on the south boundary line of said block 86 feet thence tiurullf 1 with the eaat bound ary of avid block 110 feet thence west erly 66 feet to the place of beginning, the proceeds arriving from said sale to be applied to the satisfaction of said execution. Dated this 29d day of MayJ 1864. , C. C. Jackson, Bherift of Linn County Oregon. SHERIFF'S SALE. In the Circuit Court of the State oT uregon ror ine uounty of Linn. , David Swank . plaintiff, vs. Elizabeth F. Landls, and S. A. Laut'ila AMcmiants. - Notice is hereby given that by vir tue of an execution and order of sale duly issued out or the above uanaed court in the above entitled suit to me directed and delivered, commanding me to tell the real property therein described, I will on Saturday the 23d day of June, 1894, at the front door of the court house in the city of. Albany, Linn county, Oregon, at the hour of 1 o'clock I'. H,, of said diny, aell at public auction for cash in hand to the hiKhest bidder, the real property des cribed in said execution and order of sale as follows,to-wlt: Lots (2) two iu I block fl) one in the the town of Lyons in Linn county, state of Oregon, as appears on thertcord plutofsaid town In the Recorder's office in Albany, In said county and state, the proceed arising from sale to be applied first to the payment of the cost and expenses of said sale and the costs antt disburse ment of suit taxed at $29.10, second to the payment of the attorney's fees ajr.oun'lira to tho sum nt S2fi and the payment of the plaintiff's claim amounting to JS105 with interest thereon at aflie rate often per cent per annum from the 4th day of March, 1898. . DATED tills 22d day of May, 1894, C. C. Jakkbon, , Sheriff of Linn County, Oregon. a: J B il II. v mm Has Saved His Life! Marvelous dure! Hahnxy, Orkioh, April 80, 'OS. O. W. R. Mm. Co., Portland, Or. Diar .Sm: About a yew ago I was laid up with rheumatism, I was in a terrible state. I could not torn over In bed without assistance. As there was no physician in Harney I triad various liniments, but they all failed. When my condition was very serious, as the pain seemed to be striking near the heart, your agent came along and had a bottle of Congo Oil. Hearing I was ill with rheumatism, he called upon me, and brought a bottle of Congo Oil. He commenced rubbing me with it, and in me than nve minutes l was relieved : in halt an hour I waa able to awing mv feet out of bed, and one hour I was down stain. He left the bottle with me and I applied it several times. From that day to this I have not been troubled with rheumatism. I feel that I owe my life to the wonderful oil. All this can be jrerified by Fred Haines, of Harney, also the landlord ol the hotel and several others. I always carry a bottle of Congo Oil In my grip now. xours very truly, C. H. NORTON, Atsayer Burns, Harney Co., Oregon. Price 50 cents ami $1 per For sale by M. A. Miller. Racket Store. Having opened a racket store In Kirkpa trick's building, we respectfully invite al to call and inspect our stock. We buy our goods in New York and propose to sell at eastern prices. Read the following Frloeat Umbrellas, good eottrta, Mo; best, 72c; silk, IMS Parasols, silk. 6ftc.ll.07, tlJtt. Udienhoso,, 9, loto'20. Men'ssocki, 7, . 10 and 11. Cnufa, cotton, etc, all linen, 10c. Cornell, 26c, Vx, 70c. Thread, ac; pint, 2c; needles, 20. " '? .Runtime whips, asc; Jna, 90, whalebone, ate. White dressgoodi, SHo, 7, W n Turkish towels, 12c per pair, ao per pair. Ilea's shirts. 20, U, ; whits, 41, e. -Men's under shirts and drawers, 27, 84, 88. Ladles' vests, . 11, 16 and 20. Clothes tmuhM, loo; balr bruihet, So, 16c, Pocket books. 3, 6, and 7. Pencils with robbers, let Other thlngu in proportion. . Give ns a call. r ' G. F. KHOWJ.SS. "Is Your Name "" Written W Written where? Why, on the subscription list of 'the Lebanon Expbesb.i ff you ore not a sub scriber to this paper, arid wish to obtain' reading matter tor the win ter evenings, now is the time to subscribe. Subscription rates, (pay able in advance) f 1.50 per year. The Yaquina Route. OREQON PACIFIC RAILROAD, E. W. Hadley, Reoelver, Direct Line Quick Dispatch Low Freight Rates. Between Willamette Valley Points and San Francisco. RIVEK 8TKAMKKB. Steamer "Hoag"leaves Portland, Wednss day and Saturday at (J A, M, H. C. Day, Gen. Ag't, Salmon St. Wharf, Portland. D. K. Vaoobn, Oen. Ag't, . San Francisco, Cal. C. U. Hones, U. F. & P. A.. ' Corvallia, Oregon. A.dmtnlBtrator' Pfotloo. Notice IsSihereby given that lhavedul filed my final account in the matter of the estate of Peter Welt, deceased, in thecounty court of tlnn county, Oregon, and that said court has set Monday the 7th day of May 1884, at the hour of i o'clock P. M. of said day as the time for bearing all objections to. said final account ami in wtiienisui qi we same; therefore all persons having any Interest in said estate or having any objeo ilons to said final account are hereby noti fied and required to appear at said time and have auch objections heard and settled by the court. . , , Dated this 8th day of April, 1894. A. J,1 Wiir. W. R. JfiiYOT. Administrator. Attobiey for Administrator, Diabetes Cured; Wonderful Work A New Being Create M DiarSin: If you could see the v p . of this letter and note the won i -. i, change that has been effected in l ?"' by taking Dr. Grant's Kidney and I."1 i Cure, you would certainly be asloni-li 1 I was s most wretched sufferer foi' years, try&f all kinds of medlcim- s, getting no relief. The How of nnm very excessive. I was vary mjmi.'i.i' and ahp covered with carbuncles, ,( felt at war with myself and the ! larae: but, thanks to yonr wmitr!.t medicine, I felt as though I w i-1. 1 v being, and I consider u wonH i J i n i has been eft'ected in my rw, With my best wishes fir ,,; U ill nicisss, I remain Yours reapti'tiu!1; . . For sale by M. A. Miller. BARBER SHOP Best BliaveH, Hair Cut or Hlminpoo at BORUM & KIRKS' Sliaving Parlor. NEXXoDOORTO BT. CHAUUiH HOTEL. . ' Elegant Baths. '' '''. ' Children Kindly Treated. i- Ladies Hair Dressing a Specialty, DR.- S. H. FRA2IER Is Mow Ready to do nil Kinds of Iental "Work. Gold and Bridge Work " A Specialty. Satisfaclioij Guaraitecd In the Making and Fitting of Hates. All Care Is Taken to Save Teeth. ; Will clean children's teeth, free of charge. 7 7 ! fDr. Price's Cream Baking Powder World's Pair Hlghut Msdal aad Diploma. riFRTRIfi TELEPHONE Bold outr)bt, no rtot, no roriltt. Adiptad tODltJ. VlltWOruoaiiirjr. (tawinsri ll bm,ihoiliU)rqauidolBe. OmU(oafB v ienoes aarl bMlMlloronMHh. ! AanU mah from 1 to p4nf. J Una in ft reaitUon mwu ft Mlfi to all th Bi((bboM. Viao Inritmnjenti, no toys, wotu 2 rsmwhnr, ttBy dintM. Oomplntn, nmaj tot iUMtrtunimpcM. utu M pui up 07 mnj 009, aev ont of orflw, no riHni(, Ut 11X ttitt, WHrrnntrf. A0W3fM, Writ , l. Hutma ft)-, m k 10, UlUAu ft r i1 I' ;t : fmmwmim crofuia'Cufld; (,.''' .; n'.i t In- lime -ir i- ! . I, i;!'''!'".!!.' ii I "tt t-'iaj'-'! tllMI ,("- tt( 1', li.'M H..1 i' ;u usil! (.vim-. Hm.iI :ltn i' i.'i i. li It - ;', ..: , , .0 '' i. :t. .il.itt- mi 4 , : !' . !'t i'l--'.: in:- MI A' ri i . -r..-. I'" .1 n-v i ai .. i i, ..i t 1 1: ,1 ...M ll ';. - , For sale by M. A. Millor. Albany team Laundry RICHARDS PHILLIPS, Propre, . AAlmny, Oregon All Orders Receive Prompt Attention. Special Rates for Family Washings. Hutisfiiction Guaranteed or Money Refunded. J. E.ADCOX, Agent, In Brultli'sJlrugHtore. . ait. v 11 vrcuvui LebanQii Meat 31arket, Ed Kellcnberger, " Propr, Fresh & Salted Beef Pork, Mutton, Sausage Bo. logna, and Ham, JQTBacon and Lard Always on Hand . i Main Street, Lebanon, Or. g 5" 4 '7 'CM :: PSJ B o f J 1 is !i fi i v