X
THE TILLAMOOK HEADLIGHT, MARCH 6, 1902.
Twin Family Medicines
Professional Cards.
the Southern both had formal offers I
from us to build it, and had declined, in-!
dicating their preference that the Port-J
land people should build the same, and
L. EDDY,
they would act in harmony and co-oper.
ate with Portland owners in doing so. I
The O.R & N. Co. had not been consult
...... .so n ». a«;i
ed, consequently we felt it was only due OREGON LIVER REGULATOR hits ‘he
A ttorney - at -L aw ,
7onsti.
to that company to give it also the op
that
is
caused
from
a
deranged
stomach,
dizziness,
n
'
o
medicine
that
portunity. Accordingly, last month the
O regon .
T illamook
(REGULATOR,
president and executive committee of pH tion or any ailment of the stomach, liver or »0« X*;
the O. R. & N. Co. were officially notified wiil relieve you so quickly and permanently as ORE >
.
that we had secured a direct survey line Regular size, 25c. and 1.
into the Portland Terminal grounds
H- COOPER,
J’ Fri>ea^r-Emdowd find 35c. for a pat-ltage ot
and intended to contract with outside
Liver Regulator. We used the medicine when we lived m Salem and
capitalists for its construction, but, if
found it superior to anrUtin^wcever tned
headat^and bth< u
A ttorney - at -L aw ,
the O. R. & N. Co. preferred to own it as
a feeder to its main line, the Portland
people, in exchange for an obligation. I
O regon .
FRYS
T ILAMOOK
i under the seal of the 0. R. & N. Co., to I
s he ' l , er SIN<’
' commence construction
within four I
A new remedy for all aches and pains. It is the justlv
months, and complete the line thereafter Meaning Best, Quick Cure. A
---------- --
Trv it lor an ache or pain, ex-
into the Union Depot grounds, would, celebrated Pain Killer—guaranteed or money back,
rj-A H. GOYNE,
in that event, transfer vour company’s ternal or internal. Regular size, 50c.
a
B enjamin - W heeler , residence Highland ^dditton. Salem, Jr.,
ownership and rights, without any pro
fit, including surveys and engineering
a snflerer from rheumatism, says : "Fry s Lightning
ea e
A ttorney - at -L aw ,
facilities and expenditure, all at naked
best and the only medicine that ever gave me relief. I tielteie it win
Office
: Opposite Court Hou.-e,
do all that is claimed for it."
Above medicines for sale by
cost, to the 0. R. & N. Co.
(From the Oregoninn.]
Receiving a reply that it was not con
T
illamook
.. O regon
According to the first annual report of Portland ; also, that an ironclad agree venient to discuss any line to the Ne
ment must be signed whereby all our halem at present, but that the officers)
President John McCraken, of the Port-1
business in freights and passengers, and of the 0. R. & N. Co. were in full accord
land, Nehalem & Tillamook Railway | of whatever other nature, should be ex with the peopl* of Portland in their
LAUDE THAYER,
Company, actual construction of that clusively consigned to and over the efforts to construct such a line, your
road will probably be commenced with Southern and Union Pacific lines, and directors feel that they have left no
none other. In explanation, we were in stone unturned or room for challenge
A ttorney - at -L aw ,
in the coming 60 days.
formed by letter from the assistant to hereafter that the transcontinental lines
Not all the details of the negotiations President Harriman that “ the mere were not offered the line your company
O regon .
T illamook
were revealed, for they are not yet en money contribution of rent for the use of proposes now’ to build, and when built
FOR
tirely concluded, but enough of the par our (their) tracks to Portland would not will turn over to outside capitalists;
be anv adequate incentive to such an consequently, with the harmony and
ticulars were given to justify the com
agreement as you (P., N. & T.) seek, proffered friendship of the three trans
J^OBERT A. MILLER,
pany in making arrangements for build but close traffic relations, bringing to us continental lines, your directors feel that
ing the railroad, and a permanent execu all your business, would alone warrant Portland’s*direct railroad connection
the Nehalem
and Tillamook
tive committee has been chosen for that or induce us to do what you ask.*' It with
A ttorney - at -L aw .
was thus apparent that the purpose for countries will be mutually advantageous
purpose.
Oregon City, Oregon.
which Portland created this railway to Portland interests and to the people
This committee ah eadv has two bids company, namely,
to secure to ail of Nehalem and Tillamook.
Land Titles and Land Office
for tlie bonds of the corporation, one shippers free and uninterrupted con
Protection to Portland Stock
Business a Specialty.
offering 97cents and the other 97Vi cents i nection with
be
frustrated. and,
holders.
oil tlie dollar. E;uji stipulates that the as the progress
of
the
Nehalem
Since Portland cannot own the rail
stock of the company shall go with the and
Tillamook
countries
would
bonds. The bids are for $18,000 per be retarded if Portland iieople became way when finished, protection of its 52
S»
mile for 88 miles, a total of $1,584.000. parties to any exclusive monopoly stockholders’ interest therein will be
W. SEVERANCE,
One of the bidders stand ready to enter therein, it was deemed best last No vein- secured by the following bv-law :
PROPRIETORS
at once upon construction of the road l>er to abandon all thought of using the
'• Pursuant to article 5 of the articles
A ttorney - at -L aw ,
itself, the other bidder might let the tracks of any other railway company to of incorporation, two classes of shares
job to contractors. At ant rate, there reach Nehalem or Tillamook from Port are hereby created, the first to be called
preferred
stock,
of
the
aggregate
value
i
no
doubt
that
the
road
will
be
seems
land. A few of the directors, therefore,
r
O regon .
T illamook
Another important in conjunction with
built this year.
the secretary, of $5000, and no more; the second'
or ordinary shares, I
thing is that the line will start troin during the last three winter months, i class, common
Portland and it will be independent, It have been fully employed in examina- i limited to $995,000. Each of the origi-)
will reach the Terminal grounds in this tion of surveys The secretary has been I nal 52 persons who first agreed to sub-
T. BOTTS,
Boiler Work, Logger’s Work and Heavy Forging
city over its own tracks.
examining the passes and mountains ! scribe tip to February, 1901, shares on
A ttorney - at -L aw .
Fine Machine Work a Specialty.
All this ¡information developed at the surrounding Portland in order to make the company’s stock, shall lie each en
annual meeting of the stockholders Wed another attempt to secure, if possible, a titled, upon payment of the face value of
Office in the O lsen B lock ,
nesday, and the meeting of the directors direct and economical route into the $25 per share, paid into preferred stock,
and of the executive committee yesterday Union Depot Terminal grounds at North which, when delivered, shall entitle the ,
Over the Bakery.
at the office of the company in the Wor Portland, without using the half-mile holder, cumulative with other holders'
T illamook .. O regon .
cester building. The report made to the tunnel route which we formerly had of preferred stock up to but not exceed |
stockholders bv President McCraken surveyed, or paralleling any other rail ing $5000 in the aggregate, to rank in ;
was surprising f i vorable. It recited the way.
priority of dividends, and in precedence |
AVID WILEY, M.D.,
of security over the common stock. The
efforts of the company to get connection
Discovered
Good
Route.
with other railroad linesentering Port
holders of such preferred siock shall at |
I am pleased to report that vour com all times receive a preferable dividend of |
land, the failure to get satisfactory
P hysician , S urgeon and
terms, the further examination of the pany has been, so far, successful, having 6 per cent annually out of the profits of I
country to be traversed and the selec recently discovered a very practicable the company before any dividends are j
A ccoucheur .
tion of ?. practicable independent route, route through a new pass hitherto unex paid upon the common stock, and said
and announced that negotiations for plored, not eight miles from this city, on $5000 preferred stock shall be, and is I
All calls promptly attended to.
capital had so far progressed that con- maximum descent ot a 2 percent grade, hereby created a prior lien and security I
T illamook .. O regon .
struction work would probably be com- and without a tunnel or excessive rock over such common stock, redeemable |
In order to satisfy ourselves any time after 90 days’ notice from the |
inenced within 60 days. The report was cutting
accepted, and the suggestion made there of the practicability of this new route, company, at the par or face value '
Is still here and expects to remain.
in that a committee be appointed to in contrast to others, we re-invited from j thereof.’’
M. SMITH, M.D.,
California
that
engineer
and
superinten
have charge of selling stock and bonds,
Condition of Company’s Affairs.
Thanking you for past favors and a continuance of your trade
ami the construction, operation, equip dent of railroad construction who last
The actual cash expenditure in running
ment and inanaginent of the railway Fail examined our line from Tillamook I the company’s business for 13 months,
P hysician and S urgeon .
Cash paid for HIDES and PELTS and FURS, Etc.
was adopted. A resolution of thanks to Glencoe on foot, to examine in person. '
1 according to detailed statements made •
to Secretary William Reid was passed. which he has recently done these eight
by the secretary, amount to $111 67,
Office in T odd ’ s Building.
The following seven men were chosen miles, and he reports it a thoroughly I which sum includes $11 85 for disburse- ;
FAT HOGS WANTED right away to pack down.
reasonable cost,
directors of the company fot the coming practicable line, at
ments
paid
for
incorporation
expenses,
T illamook
O regon .
saving less than $150,000 over our tun
year;
‘ so that $99 82 are the true expenses, ,
John McCraken. George T. Myers, II. nel route, and he claims it is the best of and include maps, stationery and post- j
I,. Pittock, William Fliedner II.
S. the other local routes to Portland, age, in addition. Besides, various sums ;
E. BARTEL, M.D.,
Rowe, C. F. Pearson and John Slewart. which he also examined. Accordingly, were paid to engineers for making recon-1
renewed application, with specifications
P hysician and S urgeon .
These directors met at 11 o’clock yes of details ot traffic, etc., of the direct line noissances and surveys in 1901 which |
have not been paid by, and will not be )
terday morning and elected officers as into Portland, have been transmitted to
Female Diseases a Specialty.
charged against vour company, while I
fltiose
various
financiers
who
last
Sum
f Hows:
All disorders of Stomach, Liver and
no moneys have yet been paid for clerical I
mer entertained our trackage connection
Kidneys Skillfully Treated.
Presiilent—Colonel John McCraken. bonds and at that time made special ex help or as salary to secretary. Indeed,
Vice-president—George T. Mvers.
amination of the country and resources no assessment has yet been made upon
Office
Over J. S. S turgen ’ s
Secretary and attorney—William Reid. tributary to our lines. We have therein stockholders for anything whatever.
D
rug
S
tore
, T illamook , O r .
Neither
the
directors,
president
nor
As members of the executive committee pointed out the particular advantages
President McCraken. II. I,. Pittock and of the security of our new mortgage secretary has incurred any liability ex
George T. Myers were chosen, their dutv bond, proposed for $18.000 per mile ot cept for the following bills, unpaid ;
y^R. O. H. DAVENPORT,
being to make all necessary financial ar railway direct into Portland, with ter F. W. Baltes x Co., for print
ing, etc............................................ $29 75
rangement and see to the construction minals here, and we are gratified with
and operation of the road. Secretary the replies already received. Two of Oregon Publishing Company,
D entist .
for advertising annual meet
Reid, of the board of directors, was such financiers have since sent their
ing of stockholders for one
made secretary and attorney of the ex sparate represéntate (now here) to nego
Makes a Specialty of Crown and
month ............................................
7 85
ecutive committee also
The board ad tiate with me, as president, and the sec
journed untill 11 A. M. Saturday.
retary as to the terms on which they C. F. Pearson, expenses for dis
Bridge Work,
bursements....................................
10 25
At a meeting of the executive com can acquire our bonds and stocks, and
Tillamook
City .. Oregon.
mittee held immediately after adjourn, while such negotiations are necessarily
Total............................................... $+7 85
nient of the board of directors. President slow’, on account of the frequent refer
McCraken and Secretary Reid made a ence to their principals, there is every
Coal Development.
S. STEPHENS,
statement to the other members ot the indication that they will be able to give
Since Vice-President Myers started the
committee as to details of the negotia your company obligations to commence first money contribution to aid in dis
*
Agent for the
tions. The fiist mortgage bonds, which construction within 60 days and con covering coal veins at Nehalem Bay (al
HOME MUTUAL AND LONDON &
it is proposed to issue, will bear 5 per tract lor completion of our first 88 miles though neither he nor any director, ex
LIVERPOOL GLOBE INSURANCE
cent interest, and will be due in 20 years. ot railway in exchange for stock and cept C. F. Pearson, is interested therein),
COMPANIES.
They are deemed first-class securities proceeds of bonds to be delivered them it is a pleasure to report that coal ex-
because of the moderate sum in which only after each 10 miles of railway are ¡x-rts have found many valuable seams
they will lie issued, and the fart that the completed, vour directors eqnipping the of coal, 1400 acres m extent ow ned and
Agent for North West School Supply
I have the largest and best assorted stock of old
lumber and coal traffic that may l>e said road. I would, therefore, suggest that now held by the Nehalem Coal Com
Company, Notary Public.
Wines
and
Liquors
that
has
ever
been
imported
into
to be already in Sight will pay operating to an executive committee of three pany, which has offered our company a
TILLAMOOK.
—
OREGON
this City.
excuses or more, leaving the miscellane directors, w ith the president an ex-officio contract tor carrying its coal to Port
ous traffic to pay interest and profits. mcmlier, there he delegated full powers land whenever tile railway reaches Ne
i ’ ii ’ ii 'Is;' S'’T«;;
COATES,
to make all contracts for the sale of the halem Bay. This item of ti ansportation,
Report of the President.
company’s bonds, stock, construction, on account of the superior quality ot coal
Following is the full report of Presi operation equipment and management lor steam purposes, will become a most
A bstractor .
dent McCraken as submitted to the of the railway to be built, until the rail important source of revenue to our rail
way reaches Nehalem or Tillamook Bay, way company,
increasing yearly its
board ;
and in all-rail connection from which is freight receipts and extending the man
Tillamook
Oregon.
‘4*1’
Errt
Portland, Feb. 25.—Gentlemen: It was obtained into Portland, when your ufacturing and steamship interests of
Ss
deemed liest, when we met together a directors’ function? w ill cease, and con the City of Portland. Very respectfully, I
Don’t drink cheap doctored stuff when you can
year ago, that, in order to save the cost trol and management be then turned
J.M c C rakev ■
r^LAUDE THAYER,
ly construction of a half-mile tunnel, and over to the bondholders,or their assigns. President Portland, Nehalem X Tilla-1
buy it pure and unadulterated from me.
also 10 miles of extra railway into Port I regret that Mr. Reid, our secretary,
Agent for Fireman's
mook Railway Company.
land, we should utilize the present lines ' will not consent to become a director, so
Fund
and London and Lanca
of the Northern and Southern Pacific ’ that we cannot hope for his vote as a
Bond Buyers Wire Acceptance.
at points Iff miles outside this city and mcinhrr of the executive committee ;
shire
Fire Insurance
Terms of the sale of the bonds for con-
connect with them.
Negotiations had , | nevertheless, lie agrees to give us his
Companies.
previously liven made to secure outside i railroad experience as permanent secre struction of the Nehalem railroad were
capital, believing we could in this wav ' tary of the company, and also as secre- settled yesterday afternoon, the bond*
Tillamook .. Oregon.
best serve the interests of Portland, j l ti#v to the executive committee, it the buyers accepting the contract offered by
Long fiending negotiations were had new directors desire same.
the Portland, Nehalem & Tillamook Rad-
both with the Southern and Northern
Negotiations With Railroads.
wav Company.
The bonds are to lx
Pacific lines, to carry out the objects in
view. Thinking that the "community of
(»ratified at the seeming popularity taken in the East. The principals tele- (
interests” lietween the three trnnsconti among financiers with which your com.
nenta! companies would thus give Port- I pane's bonds are received, w hen cover- graphed authority for their Portland
land greater facilities and increased mar-• i mg a direct line into Portland tier of any agent to sign the contract. A large sum
kets tor local produce shipped from our ' I trackage over other lines, it is not a ot money is to lie put in a Portland bank
Next to the Post Office.
railway to points over all ot the South question to Portland who (niter this immediately tor construction of the line. Agents for Kopp's Brewery, the Brewer of the lii.est Beer in the Northwest
ern, Northern and O. R X N. Co s lines, i j road readies the Terminal grounds and
Strangers can find here a place to write, attend to correspondence, privatili
The work is to begin before May 1. and
we obtained, after a long correspondence ' ' connects with and has com|>riitioii for
confer upon business or social matters and generally feel at home.
and ¡ierson.il interviews with President' the freight of its producers with four the entire 88 miles of railroad are to be
Haves, and with his successor, Mr. transcontinental lines) mav become its completed and in operation within two
Kt uttschinitt. at San Francisco, the op eventual owners. Since our own local >ears. The bonds, $18,000 per mile, will
Dealer in Cigars. Tobaceo. Con
tion ot selecting two courses
First, a capitalists cannot build, own anil con
bring 97 cents on the dollar, and the
clo*e traffic agreement with, or, sevond, trol it perpetually themselves, it matters
fectionary, Stationery.
trackage rights to run our trains over little whether the Southern, Northern, bondholders will liecome stockholders.
the Southern Pacific and the use ot i»s Union, Great Northern or O. R. X N.Co., All thia was finally agreed upon at a
News and Periodicals.
terminals at Portland.
We chose the or anv unknown syndicate, controls its meeting of the executive committee of
Next to Sturgeon's Drug Store.
second course And designated Shattuck, operations. We will then have accom
the company with the agent ot the bond
nine miles from Portland, iis our pro- plished that for w hich we created this
J. P. ALLEN,
j»<»sed |M»int of connection with its West railway company—a direct railway con. holders that closed a little before 6
Suit line. Alter further deluv, caused by ' Meeting at Portland with all lines here. o'clock last night.
Proprietor.
consultation with the Southern Pacific Still, we trit that lithe transcontinental
While all these matters have l»een defi
First Class accommodation at Second Class Rate.
Company's New York office, and with community-of-intcrest lines did not have nitely agreed upon, the company will not
Traffic Ihrrvtor Stiibhs, we were inforni- an opportunity from us of acquiring our finally bind itself until the principals who
SHAVING, HAIR CUTTING,
«d, on Novemlier 11 last, that we could railway before we turned the scheme are to take the bonds shall actually sign
i avc the trackage asked into Portland. . over to outside capitalists to com. the contract.
SHAMPOOING, ETC
Telegraphic authority is
I lit not from Shattuck, anti only from • plete, they might challenge us un neves-
El«;tric Bath, nicely fit tied up. Good (ot
mar Hillsf>on>, 20 to 21 miles from
nrih hereafter.
The Northern and
(Continued on next page. )
♦
persons suffering with rheumatism,
HEHflbEM
ROAD
fl
GO I
Bonds are to be Bought
by Eastern Parties
WORK TO COMMENCE
HOW IS YOUR LIVER?
B
in 60 DAYS
An Independent Road
Finished
Save a Doctor Bill and maybe Your Life.
and to be
A FEW WORDS MORE. 1
in Tu-io Yeans
ROBERT STURGEON, Tillamook, Oregon.
BEN RIESLAND
DAIRY FARMS, TIMBER CLAIMS,
Life and Fire Insurance,
Financial Agent,
Oregon
Tillamook City,
CASE ic FOWLER,
»
Tillamook Iron Works >
General Machinists & Blacksmiths
T illamook ,
oregon .
L. N BARNES,
tue
MEAT MARKET,
I
A Chance to get
The White
Sewing Machine
J
The Best, the Cheapest and the Easiest
Running Machine in the World.
de STOKES CO.,
-¿ù-storia, Ore.
J
I
1
j *
f.
J. S. LAMAR,
J
WINE AND SPIRIT MERCHANT. N
N
N
N
N
? Whisky, $2.25 to $8.00 per gal. e &
&
a Wines, $1.00 to $3.00 per gal.
&
&
&
&
WINE AND LIQUOR HOUSE
I
C. F. FRANKLIN
Billiard Parlors and General Social Resort. Watchmaker
C. E. HADLEY, Proprietor.
Tillamook City,
Oregon.
and Jeweler
A. B. ALLISON,
Allen House,
EDGAR LATIMER,
B1RBER ANO HAIRDRESSER
I
\
Best Lisais in tlxe Citsr
TILLALÆOOK, ©BBZE.