The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, June 22, 1894, Image 2

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    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
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fmmwmim
crofuia'Cufld;
(,.''' .; n'.i t In- lime -ir i- !
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t-'iaj'-'! tllMI ,("- tt( 1', li.'M
H..1 i' ;u usil! (.vim-. Hm.iI
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,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.
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