PXG13 SIX
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!MEDFORD MATL TRIBUNE, TrEDFORPt OREGON, SUNDAY, AUGUST in. mil.
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GRANTS PASS
WINS TENNIS
Successful Meet Is Held at Talent
. Standard of Play Is High Much
Interest Was Taken in Every Event
On the Program.
TIio oluli from Grnnts Pass were
(ho victors in 0110 of (lie most ftu
ecssful tonrnnnieiits ever held by the
Southern Oregon TcnnU nsociiition,
winning It point", men's singles, In
dies' singles nnd ladies' doubles.
The standard of play was of a high
order throughout nnd mueh interest
was Inke-n in every eent.
Following are the resulls in de
tail.
Men's Single's. 0. II. Joluwon
(Onkdale) beat 0. A. Morse (Talent)
7-5.
It. ',. Hnrt2ler (Ornnis Pas) boat
0. II. Johnson (Onkdale) 0-215-2.
, Ilailzler (Grants Pnvs) beat Wei
son (Jneksonvalle) (i-1 (5-4.
Campbell and Johnson (Oakdale)
beat Foss nnd Gerin (Tnlent) G-3
7-5.
Campbell nnd Johnson (Oakdale)
beat Wilson nnd Wells (Jaekson
illn) 4-0 G-l-G-4.
Mixed doubles Miss McLean nnd
Mr. Herriek (Grants Pass) beat Jli-s
Kinney nnd Mr. Wells (Jacksonville)
G-l G-2.
Mrs. Seott nnd Mr. Ayer (Talent)
heat Miss MeLean and Mr. Herriek
(Grants Pass) (4-0) (0-4) (0-4).
Ladies' singles Jacksonville beat
Central Point (default).
Grants Pass beat- Oakdale (de
fnult). Talent beat Ashland (default)..
Miss Louth (Grants Pass) beat
Mrs. Seott (Talent) 7-3 G-l.
Ladies doubles Mrs. Seott nnd
Miss Stump (Talent) beat Miss Kin
ney and Miss Uoli&on (Jncksomille)
0-4 G-3.
Grnnts Pass bent Ashland (de
fault).
Miss McLean and Miss South
(Grants Pass) beat Mrs. Seott and
Miss Herring (Talent) 0-1 G-3.
Final scores:'
Grants Pass won 3 points Men's
singles, Indies' singles, ladies' dou
bles. Oakdale won 1 point Men's dou
bles. Talent won 1 point Mixed dou
bles.
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8 Per Cent First Lien Receiver's Certificates
FOR an INVESTMENT
Advertised Letter List.
The following letters remain un
called for at the Medford, Or., post-office-
August 0, 1911:
Mr. Bell, E. A. Beals, George Jie
noit, Fred Blukeley, Mrs. Ernest
Bochnrt, W. J. Brown, Dollic Burt,
Fenton C. Bolton, Edward Burke,
Shcrbcrt C. Buck. Mrs. Ed Call, F. II.
Cat on (2). Waldo R. Colbert, Mis.
George Conter, C. O. Cook' C. F.
Edwards Bros., Ray Elkin, Master
George Fanner, Mrs. Fred Fedrick,
'JJena Friemnn, Fred B. Gray. W. Gile,
Mrs. Bertie B. Griffith, B. W. Harri
son, Otto Harris, Icy Hewitt, H. B.
Houston A. II. Juckson, Illingswortn,
J. G. Ingersol, Will Johnson, Clnire
Johnson, II. L. Jones, J. M. Kerr (2),
Mar Kcndelll, Clay C. Knnngo (2)
Hurry Koken, Martin Kringe, C. L.
Larson, John Lane, Erion Lewis,
C." G. Lindstrom, Grace Lird Law
rence Martin, C. 0. Merrill, Joe Mul
lignn, Bench M. Morgan, Reuben
Moore, G. A. Murray, Jno. MeDermot,
James McLouven, J. E. McGregor.
Tom McKiiiney, John McGuire, James
V. Oakey, Alfred Oliver (2) Bert
Overman, Ernest Nnte, Call Peter
son, Pel kins & Lyon, II. IT. Prut ley,
Mrs. II. Reynolds, Fred Pratloy, Mrs.
W. S. Reyon, J. B. Reese, XeKon Ri
ley, John N. Riggs, Mrs. A. F. Rob
inson, A. B. Russell Mrs. Maricn
Rutishnuser, Mrs. Win. Shnnbaugh
Alico Shny, Daniel Shields. C. D.
Seott, F. II. Story, Lizie Tillie, John
M. Thille. Mrs. J. E. Tice, Mrs. Mar
gnrile Van Horn (2), T. G. Wager
Win. Welch, W. Wing Mnmio Wilson.
EGYPTIAN ANTIQUITIES
ARRIVE IN NEW YORK
NEW YORW, Aug. 11. Thirty
fons of Egyptian antiquities, tin
frutH of sovoral yeais labor on the
part of fivo Amoiican scientists,
were tnkon lodav to the Metiopolituu
Museum of Arts, whuie they will he
housed in n separate building.
TIio antiquities, which wero dug
from the ruins of several nncient
Egypt inn cities, arrived hero on n
Gorman freight stcniner.
'Lloyd Arraigned.
SAN FRANCISCO, Cal., Aug. 11
Frederick, E. Llyod, prominent in
surnuco man hoio nnd former presi
dent of the Pacific Surety company
was nrruigned boforo Polico Judge
Deusy today on n clmrgo of em
bezzling .j.fl 1,000 from funds of the
Paeifio Slopo Soertrities company
The homing was continued until Au
gust ID.
WE ARE OFFERING THE FIRST LIEN RECEIVER'S CERTIFICATES ISSUED BY THE RECEIVER OF THE GOLDEN DRIFT MINING COM
PANY. THESE CERTIFICATES WERE ISSUED BY MR. J. A. WHARTON, RECEIVER, UNDER AUTHORITY OF A COURT ORDER
ISSUED BY THE HONORABLE F. M. CALKINS, JUDGE OF THE CIRCUIT COURT OF THE STATE OF OREGON, FOR JOSE
PHINE COUNTY, ON NOVEMBER 30, 1910.
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This public offering is made in accordance with the pledge made to the Court by Honorable A. E. Reames, attornoy for the plaintiffs in tho action pond-
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mB, emu uy icoauu ui wiii-ju uio uei wuuiiueij were issueu. al ine Hearing on me application n was snown mat tne iiaintins would buy the Certificates, and
Mr. A. C. Hough, attorney for the Defendants, objected to the Plaintiffs becoming a first lien creditor to tho exclusion of tho other partios to tho suit, and local
investors, and Attorney Reames, at that time, agreed in open Court to cause a public offering of tho Certificates, so that the Defendants, or anv creditor, or
Dfirsrm interest. FH nmild nnrfininnf.A in fliic "PTPRT T.fP.W rKrvwCJTTVnWP ' J '
I -wv., -V f f"- " W"U J.VWJ. "JJ41 .U.1 IUM11UJJ11J.
The Golden Drift Mining Company in a public service corporation with a duty to the public to supply wator for irrigation, and tho Cortificatos woro is
sued for the purpose of repairing the dam so that water could be pumped, and thus meet tho Company's obligation, and to preserve the proporty and its wator
rights, and all of these objects have been accomplished.
The Certificates were drawn by Attorney A. E. Reames, of Medford, Oregon, after a form, the logality of which stood tho tost of tho United Statos Sup
reme Courttand this form was approved by Honorable F. M. Calkins, Judge of the Circuit Court, boforo tho Certificates woro issued and the form is now of
record, being embodied in the Court Order.
The Receiver, Mr. J. A. Wharton, is a man of integrity and a business man of Grants Pass with an excellent imputation, and is unclor an adequate bond,
and is in nowise interested in the property other than his duties as Receiver.
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The issue of Certificates is limited to the amount of $40,000.00 and runs for a term of three years, and draws 8 per cent interest annually It is a
FIRST LIEN ON ALL OF THE PROPERTY of the Golden Drift Mining Company and ANY MONEY COMING INTO THE HANDS OF THE RECEIV
ER ABOVE HIS ACTUAL AND NECESSARY EXPENSES. THEY ARE AHEAD OF ANY BONDS, MORTGAGES, CREDITORS OR STOCKHOLD
ERS AND EVERY CLAIM OF EVERY KIND AND NATURE.
The Certificates are Absolute Security of the Most Desirable Kind and
Form the Best Investment Opportunity Ever Offered to the
People of Southern Oregon
THE PROPERTY OF THE COMPANY CON
SISTS OF
Over 1,000 acres of land standing in the
name of the Golden Drift Alining
Company on which there are many
buildings, a small orchard and other
improvements, easily worth $ 50,000.00
Water -Rights to all of the water of
Rogue River at low stage, for both
power and irrigation, easily worth.... 200,000.00
A dam across Rogue River, known as
the Golden Drift Dam, three miles
east of the City of Grants Pass,
Oregon, and a power plant in opera
tion. This plant has the machin
ery installed and available to generate
2,400 horsepower of which 850 horse
power is now used for pumping water
on both sides of Rogue River for ir
rigation. This dam is being recon
structed with steel and concrete and
nearly one-third of it is now com
pleted, easily worth 140,000.00
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Total $390,000.00
All of this property is the SECURITY BACK
OF THESE RECEIVER'S CERTIFICATES, and
there is easily $10.00 worth of security back of
every $1.00 worth of Certificates issued, and it is
a better security than a first mortgage.
The payment of interest and principal is further
guaranteed by The Chicago-Rogue River Com
pany, which is important to the extent that the
Company owns and operates the irrigation sys
,tem and controls more than a majority of the legi
timate stock formerly issued by the Golden Drift
Mining Company, and should thus eventually con
trol the entire property.
At the time these Certificates were offered and
actually subscribed and paid for out of the Treas
ury of The Chicago-Rogue River Company and
by its stockholders, arrangements were made to
give as a bonus to those buying Certificates, $1.00
of the par value of the Common Stock of The
Chicago-Rogue River Company with each $1.00
of Certificates purchased, so that the Certificate
buyers would continue as a part owner in the
properly after this loan, made by the Receiver, is
paid off. So that it cannot be claimed that any
partiality is shown and to treat all buyers alike,
this bonus is still open to those buying Certificates
under this offer.
dam is actually protected against further damage
by floods, as ample provision has been made to take
care of future flood waters by means of fourteen
flood gates through solid concrete and steel con
MM
At the time the Certificates were subscribed
and paid for the property was not in tho good
condition that it is at the present time. The re
pairs and work on the dam and power plant, ap
proved by the Court, are now nearly completed
and most of the money has actually neen expend
ed on the property and the power plant and pumps
are in operation and can be inspected. The work
done is of the best class of construction and tho
1'he rceeivershil) is conducted In m rwnnmniniil
manner and the Receiver's salary and personal ex
penses do not exceed sj? 170.00 per month. Bv a
recent order the Court leased the properly to The
Chicago-Rogue River Company to be used for
pumping water for the irrigation of the Lower
Rogue River Valley and which relieves the Re
ceiver of the expense of maintaining the property,
and thus provides an income for the Receiver which
will more than pay (he Receiver's expenses and
tho interest on all issued Certificates, and these
Receiver's Certificates are a lien on all surplus
money thus coming into the Receiver's hands.
The irrigation business will increase this in
come from year lo year, and afford a market for
all the power that can be generated at the Gold-,
en "Drift Dam and constantly increase the value of
the property.
There is no litigation pending that in any way
involves the Receiver's title lo any of this prop
erty, except an untried suit involving about 10
acres of unimproved land, which is not material.
TIio property here listed has been inventoried and
hied with the Clerk of the Court, and the title is
good.
THESE CERTIFICATES ARE AN EXCELLENT INVESTMENT FOR THE FUNDS OF BANKS, ESTATES AND TRUST FUNDS, AND FOR
THOSE PERSONS WHO DESIRE AN ABSOLUTELY SAFE INVESTMENT BEARING A GOOD RATE OF INTEREST. THE BONUS IS A VERY
ATTRACTIVE FEATURE AS THERE ARE ONLY 15,000 SHARES OF PREFERRED STOCK ANp 500,000 SHARES OF COMMON STOCK OF THE
CHICAGO-ROGUE RIVER COMPANY ISSUED 40,000 SHARES OF WHICH WERE SET ASIDE AS A BONUS TO THIS ISSUE OF RECEIVER'S
CERTIFICATES.
CERTIFICATES ARE ISSUED IN DENOMINATIONS OF $50.00, $100.00, $500.00 AND $1,000; ANY MULTIPLE OF $50.00 BETWEEN ANY OF
THOSE AMOUNTS AND CAN ONLY BE SOLD AT PAR, THE PRICE HAVING BEEN FIXED BY THE COURT.
Send your Subscription or Inquiry for any further information to
W ,
GEO. E. SANDERS
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Agent for tho Plaintiffs.
FIRST NATIONAL BANK BUILDING.
GRANTS PASS, OREGON.
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