Medford mail tribune. (Medford, Or.) 1909-1989, November 12, 1924, Page 8, Image 8

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' WEBFOTITF MXTC TRIBUNE, TEDFgR'P, " QTlTfi Ol, XTRDfifiAY.'.yQTOmKTS"!!! 392-1
At a special meeting of tlio dlroc
tors of thu 'Hurtniiinn Kyndlrute, Inc.,
in Anliland Monday ufutrnoon, tlio ro
)i(i't of tlio committee of HlockhoWlcrH
named to probe the report UKuinm
thu company filed by thu Kovcrnor's
committee was adopted. The ov
ernor'8 committee Jh coin priced of
Oswald Wt'Ht and G corse JUark and J
recently resiHtered ullcKutJnnH aK-'ilnHt
the Hartman Syndicate.. The com-!
m it tee exoncraten the rmiipany of thel
charges. A . damago -null for 200 000
is now pending in this county against
uie Rovernors commmee as a nwuu
of filing of its report
The Btockholders' committee was
composed of stockholders from Port
land, Salem and Ashland and other
Oregon cities.
A resolution to nmend the charter
1o make the par Htnck sell at l a'tees of the Hartman Syndicate of the
share instead fo $10, as now, was tm.jfic c,mnt in full oavment for all
ndopted. This action was due to the
stoppage of the sale of mock, alleged
to have resulted from the printing of
the report. The syndicate expects to
raise $700,000 In the immediate fu
turo from this course to continue lis
development work.
The report follows:
lour committee of stockholders
nppolnted by you to investigate ih
affairs of the company nnd the facts
concerning same with relation to tho
charges made by Oswald West and
' Ooorgo TUack In their report to Gov
ernor Walter M. Pierce, and publish
ea ny them in various newspapers
throughout tho state, find the follow
ing bio the true facts:
First, tho company was Incorporat
ed under tho laws of the atute ut
Oregon with a capital stock of three
million dollars composed of 300. MOO
shares of the par value of ten dollars
per share, and not thirty thousand
shares of one hundred dollars per
sharo as stated In the Wcst-Itlack re
port. This fact will appear from tho
articles of incorporation on file in the
corporation commissioner's office of
tlio fituto of Oregon and could have
been verified by tho West-ltlack com
mittee Second, tho committee from care
ful inspection of tho books of tho
company find that Mr. 13. W. Hart-;
man Is in no way connected with the
liartinuii Syndicate Inc., and has
never had anything to do wltn the
organization, development or man
agement of the company, and does
not own one share of stock in this
company. The committee, further
finds from the hooks and records of
tho company that tho company was
organized by II. W. Hartman; we fur
ther find from information gathered
from officers and persons familiar
with tho facts that Mr. 11. W. Hurt
man has never been engaged In sim
ilar undertakings and that tho state
ment In tho West-lllack report to the
effect that this company was pro
moted by K. W. Ilartman and II. V.
iinrtmnn is false, us will appear from
the records In the office of the com
pany. Third, your commltteo finds from
an inspection of tho records that tho
company was originally organized by
- H. W, Ilartman as a Common Law
Trust, a form of business organiza
tion rocognlzed In many of the states
of the union and that such company
was organized upon advice of tho at
torney for the company, Mr. James
"Westervclt of Ioh Angeles, California,
that same would comply with the
laws of the state of Oregon, and that
us Huch organization it made applica
tion to the corporation commissioner
of tho state of Oregon for a permit
to veil Its securities; such application
being on file with the corporation
commissioner. We therefore find that
tho stutement in tho West-Iilack re
port that tho company was originally
organized as a Common Law Trust In
order to circumvent the blue sky law
Is falso, and that as a matter of fact
the company did everything In Its
poWer to secure a permit for the sale
of Its trust certificates but were de
nied ft permit by the coi poi nt Ion
oomniisHloner. We further find that
tho trustees and officers of the orig
inal company acting In good faith
with the corporation commissioner
and the attorney general Incorporated
u company known us tho Ilartman
Syndicate Incorporated, and under
agreement with the corporation com
missioner took over all of the pro
perty of the Hurlmau Syndicate of
th Pacific coast, a trust estate, and
wore granted a permit by the corpor
ation commissioner's office of the
atato to sell laiitl.OUO of the capital
Mock of the corporation.
Fourth, the committee upon full
Investigation finds that the only
business transact ions between the
Hartman Syndicate Inc. and any of
Iho companies of K. W. Hartman is a
contract for the purchase of ffi i'1-
TURN HAIR DARK
Tho old-time mixture of Rage Tea
and Hulnhur for darkening gray.
streaked and faded hair Is grand
mother's recipe, and folks are again
Ui-lng it to keep their half a good,
even color, which is quite sensible,
as we ure living in an age when u
youthful appearance is of the great
est advantage.
Nowadays, though, we don't have
tho troublesome task of gathering the
sage and the mussy mixing at home.
All drug stores sell the ready-to-use
product, improved by the addition of
other ingredients called "Wyeth b
Sage und Sulphur Compound." It i
very popular because nobody can
discover it has been applied. Simply
moisten your comb or a soft brush
with it and draw this through your
hair tuking one tonall strand nt a
time; .by morning the gray hair dis
appears, hut what delights the ladles
with Wyeth's Sage and Sulphur Com
pound, is that, besides, beautifully
darkening the hair after a few appli
cations, it also produces that soft un
tie and appearance of abundance
which is so ultraciive. Adv.
torlH from tlio Hartman ProcoHs com
puny, and that ono of wild retortH
ha already been purchaHcd at the
actual'cfiHt of manufacturing Ha id re
tort by the Huffalo Foundry and Ma-
chlnery company of Jtuffalo
New
York. The committee further ftmiH
tliat no profit or royally hu lioen
paid to K, W. ilartman or will be
paid to him ottu any of bin compan
leH on the purchane of the retoit that
haa already been delivered. The com
mittee further finds that the Ilart
man Syndicate Inc.. bus an agree
ment to purchase the additional re
toita at an exceedingly l-eanonable
price and much below the figure at
which they are quoted to others. plun
a royally of ten centH per barrel to
the Hartman I'i-occhh company. The
conimilteo finds that any statement
in the so called WeHt-lilack r-port in
timatliiK' that the iiartuian Synilfcalc
I nc, lias been overcliai ed on any
equipment it has purchased Is un
warranted from the facts.
Vlftli Itw. ,.,. i. .If t . Una r.nritfiillir
1 t. Hrcumstances under
tha IIur(Mmn syndicate. Inc.
.()ok 1)nH.r(v (f if 11 iiar,
man and the Hartman Syndicate of
tho Pacific Coast and issued therefor
one hundred and fifty thousand shares
of the capital stork to Mr. If. 11. Hart
man. and fifteen thousand, rive hun-
-i ,., f,,rtv-two alone to the trim-
property taken over by the corpora
tion. Tho committee finds that the
property so taken over was appraised
by the incorporators of the ilartman
Syndlcato Inc. and the corporation de
partment of the state of Oregon was
fully informed and consented to thu
incorporation of the said company
upon the basis nf tho appraisal niado
by the Incorporators, and that the per
mlt to sell $350,000 worth of stock was
granted after full and complete state
ment of the affairs of the company at
the time of incorporation were, dls
closed to tho corporation commission
er. The committee from information
gathered from interviews with stock
bidders does not find that there has
been any misrepresentation made to
any of tho stockholders regarding the
amount of stock that was issued to
Mr. H. V. Ilartman or to the trustees
for the certificate holders of the Hart
man Syndicate of tho Pacific Coast.
Sixth, the committee has carefully
investigated the representations mado
by the officers and the salesmen of the
company regarding ttie amount of real
property owned by the company in fee
and the amount under application for
lease from tho Tnlted States govern
ment, and the committee 'lints from
n n j J in.
if Constipated,
Dizzy, Bilious
Fenl fine! Ut
"CiiaourutH" clean
1 your bcnvols und
uUimilutu your liv-
.V"'' r-j.- overnctmj,'. Mil
SS.'? iij f'f lions of inon, wo-
- jg.y men, nnd children
y'yS tuko this luirmieHS
if Ei--. laxative - cathartic.
:rz U Sr-' It doesn't sicken
. yon like pills, oils,
calomel nnd Balls. Tastes nice acts
wonderful. 10c, 25c and 60c boxet any
drugature.
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IS A BOOTLEGGER
SAFER FROM THE
"LAW-BRINGERS"
THAN FROM
"HIJACKERS?"
X SEE NOW
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This Huge
Presentation-
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The
THOS
Production
II. INGE
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$ "THOSE WHO
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DANCE"
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A fa6t whirl of First
National entertainment, with
BLANCHE SWEET
WARNER BAXTER
BESSIE LOVE
LUCILLE RICKSEN
JOHN SAINPOLIS
ROBERT AGNEW
FRANK CAMPEAU
AND THOSE THRILLS1
COMEDY
NEWS
GEO. VLACH
at the Organ
Friday
. LARRY SEMON In
"The Girl in the
Limousine"
,AAA.V.AAAAAA
RIALTO
i
y i , is
I 1 ! 1 1 !! 1
the recoidH of the company aH well aH
from literature published by the com
pany and from the uuditor'H report,
(a copy of which wan in tho handu of
OHwald WeHt) that tho office of the
company and its salesmen represented
the exact amount of acreage it owned
I in fee and tho amount of acreage it
held under application for lease. The
I committee does not find that uny of
tile officers or salesmen have ever
: represented that the company owned
3000 acres of land, and that any inti
mation or statement in the West
lllack report to tho effect that mis
representation has been made is un
warranted from the facts as disclosed
by the records of tho company.
Seventh, the committee finds from
a full investigation of the property of
the company that it has developed a
largo deposit of shale which from the
geological and engineer's report is of
enormous tonnage and that the com
pany has established ut its work,
Shale City, Oregon, one retoit and
necessary equipment for the extrac
tion of oil from shale, which this com
mittee believes will be capable of op
erating successfully on a commercial
basis.
Klghth, tho committee finds from a
personal Inspection of the plant of the
company, and from a personal inves
tigation of the books of the company
that there Is no evidence of extrava
gance or mismanagement and that any
statement to that effect In the so-call
ed West-lllack repent is false.
Nine, the committee finds' that the
Oswald West-1 1 lack committee made
their report without proper Investiga
tion of tho affairs of the Hartman
Syndicte Lie. and that neither Oswald
West or Oeorge Ulack or anyone rep
resenting them have ever gone over
the books and records of the com
pany nor as far as this committee can
learn have either of them made an
inspection of the plant of the com
pany. The committee therefore finds
that tlie said Oswald West and Oeorge
illack were not In possession of any
official information upon which they
could base their report (except report
of the auditors of the company, a copy
of which was furnished to Oswald
West by the secretary of the company)
and this committee finds that the rc-
WATCH
US
GROW
7
one ot thest
-
Dau&iUers of Minister from, Norway .Win When
Diplomats Hold Tennis Tourney at Washington
Tho Misses Tjiura und Ingor
Bryn, Juunhlora of Iho Norwegian
envoy, aro shown aliove with their
mothor, Mrs. H. H. Bryn. The
daughters won the silver cups in
'ho ctrla' slnt-lf.H and doubles
port of tho Hiild Oswald West and
Ooorgo Itliick does not conform to the
facia as ALsclosed in the auditor's re
port. : ' . .
Dated ut Ashland, Oregon, on this,
the loth day of November, A. D. 1924.
Iteapectfully submitted,
a. Id. HflllCltlOlt. Portland.
Chairman of fttookholdors
Committee;
C'.RO. Vlfk'A. Snlem:
A. W. LIVINOSTOX. Portland,
I'AHIv ICMiSTjtU.M. Kalem.
I.. 11. MARCOTT. Shale City,
Thanksg
FOR THREE DAYS, THURSDAY, FRIDAY AND SATURDAY
Months aro wc planned to hold this sale and purchased our linens for direct importation. The finest pure flax damasks by the
yard, pattern cloths nnd napkins arc here for your choosing. A very opportune time to purchase your Thanksgiving linens or
the time to buy your linens for Christmas git'ls. Trices are exceptionally low and we invite, you to inspect this beautiful dis
play of the world's finest linens, whether you purchase now or not. -
A FEW OF THE EXCEPTIONAL VALUES ARE GIVEN BELOW
70-INCH WONDERFUL QUALITY
DOUBLE SATIN DAMASK
In very handsome designs, flc'ur de lis, pansy, rose and chry
santhemum. A linen suitable to grace any festive board nt
any time. This quality is worth at least $:t.
a yard, now
-inch Napkins to match Sj3.75 set
MARVELOUS QUALITY CLOTHS
THREE YARD LONG PATTERNS
can not use enough superlatives to describe the beauty of
these extra large pattern cloths, so we will just say that, you
will miss a lot if you fail to get. il 7
1S.!).-) cloths at V
2'J-incli Napkins lo match $6.73 set
HALF PRICE
Three pieces of Damask; last season's
goods so we want to close them out at
this reduction. They will go quickly, so
make your choice early.
events or tlio diplomatic lunula
tournament hold recently at the
nuilonul cupfiul. Miss Laura won
first prUo In I lie singles und Miss
I niter second prize.
K. E. PHII'PH, Ashland,
STL'AItT MeKlSSICK, C. R.,
Ashltlltd
n. n. OIDHON, Salem.
PHAPPED HANDS
chilblain!:, frostbito junt r:b
on ooothir.fr, cooling, healing
VAPQRun I
Ooer 17 Milling .-v. '.. J v, I
V
eueFs Sale of
iving
$2.45
v w
'
i;ivi:s rui; to Minion.
(Continued from page one)
Ono of Kutz' Bems'ulready is In the
hands of the federal officers. Seized
several weeks hk" u. lurce emerald,
salil lo be of foreign oriKin, la being
held while Investit-'utinrs truce Its en
try into the United Stutes. ,
J tea I estate deals In which Katz had
traded Jewels for land are being
brought to light. The latest of these
to be uncovered Is one In which offi
cers aay ho bought a lemon grove near
ltlversidn. Oil., and residential prop
erty at Long lieach, Oil., from Frank
P. Slocums, formerly of Wilmington,
Did. The entire purchase price of
this transaction. ITo.OOu, was paid in
jewels. Investigators asserted.
KutV gasoline yacht, Klvlra. in
which he is said to have made several
short trips beyond American territor
ial limits at aeu, Is ulao being Investi
gated. Thia craft, according to in
formation in the hands of investiga
tors was purchased in Germany and
first went to Seattle. It was there
Katz bought her nnd transferred her
to San Pedro, where she is tied up.
Tr Bible Drought Sr Tbctag
OMNIPOTENT CA1CK. The Lord
shall preserve thy going out nnd thy
coining In from this time forth, and
even fureverumre. Ps.. V2 :S.
Stops Cold in 24 Hours
Hill's Cascara Bromide Quinine gives
quicker relief than any other cold or la
grippe remedy. These tablets disin
tegrate in 10 seconds. Effectiveness
proved in millions of cases. Demand
red box bearing Mr. Hill's portrait.
All druggists - . ,, 30 cents.
tcSi- (C-303)
rtASfARA 0IJININF
Cm ..ffvnifiBoiT.
fQthV
atffffo
Linens
BEAUTIFUL PATTERN CLOTHS
MANY REAL NEW PATTERNS
Truly a wonderful quality and the finest range of patterns in
the city to select from. New and original designs that will de
light you in these 70x88 cloths. t 7 Cfl
Worth $8.!)'),. at P OU
22-inch Napkins to match $4.00 set
ANOTHER EXTRAORDINARY VALUE
IN DOUBLE SA TIN DAMASKS
One of the finest round thread pure flax damasks on the mar
ket and two yards wide in beautiful designs. Yon can buy
this in any length and it's really worth tQ qj
ir4..")D per yard, at tjljJ
22-inch Napkins to match $4.75 set
Deuels are combining this offering
of Thanksgiving Linen with a SPEC
IAL SALE of READY-TO-WEAR,
1-4 off regular prices. See Deuel's
ad on Page 3 of thi3 paper.
of most sickness Is
faulty eUminatlon.
To be as regular as
clockwork, each
day some way enjoy
ROMAN MEAL a
properly balanced
food
ORDER NOW
Your Engraved
Personal
Christmas Cards
The new designs are ready
Personal greetings can be made
without the expense of a plute.
and GIFT SHOP
WATCH
US
GROW