TILLAMOOK HEADLIGHT, JUNE 1». 1919. The Screen’s Most Distinguished Artist in a Play Surrounded by the Mystery of the Sea and the Charm of Romance. L NAZIMOVA, In i wM I . NAZIMOVA In “OUT OF THE FOG" * “Out of the Fog From the stage success by Austin Adams’ “Ception Shoals.” Scenario by June Mathis. Distributed by METRO PICTURES CORPORATION. See It GEM THEATRE, Tillamook, Friday-Saturday, June 20-21. Children 15c. Adults 25c. r —1 BAYOCEAN PROPERTY OWNERS 1 the put pose unless we managed to caused the mortgage above referred ed to work hand in hand with the pay in some tax money, and we have to be made to her self. She soon organization of which you speak. We ARE “BLED WHITE”. since been figuring on ways and afterwards caused foreclosure pro­ understand that the Tillamook peo­ means to pay up the taxes. ceedings to be started. The mortgage ple have been good boosters for the Crooked Methods Call for Grand Jury The situation at Bayocean is this: covers all the personal property at Bayocean road and Bayocean in gen­ Investigation. the arrangement of the T. B. Potter Bayocean and elsewhere and prac­ eral, and we believe they are still Realty Company before the appoint­ tically all of the unsold lots—also willing to go the limit on it. Mr. ------ o------ There is no disputing the fact that ment of a receiver, exhausted the re­ some of the streets and the dock at Smith and the writer talked with Mr. the promoters of the Bayocean enter­ sources of the company with expendi­ Bayocean. Mr. Vincent, our predeces- | Botts and several of the merchants prise have not only “bled white” tures of one kind and another, many sor, failed to get the evidence and I at the time we visited Judge Hare, those who bought property there at of which were foolish and produced facts in proper shape to put the case i and we found all of them very en- exhorbitant prices but have dragged no practical results, particularly the- to trial, and the case has dragged. Ithusiastic about this road. We have frankly stated the sltua it down that today it is a bankrupt building of the Yacht Bayocean, We were appointed in his place the cost $50,000.00 and had to be ¡latter part of May, last year, and, tlon as we see It with a view of get- affairs. There are some 600 persons ¡which i who bought property there 1 abandoned after It made a few trips, until fall were kept busy operating ting any suggestions that.you may be __________ ­ The yacht was ultimately soli foi 'the Hotel, etc., at Bayocean. We then able to give and at the same time let in good faith, with the understand $17,600.00. Many thousands of dol- ! went to work on the Potter mortgage. you know our conditions financially ing that considerable improvements i were to be made, .who are left strend- l*rs were also invested in machinery, We found the bookkeeping and rec- so that you will see our limitations. We feel as you do about the pur­ ed, defrauded and buncoed. It is I such as the dredger, rockcrusher, ords so complicated (and some of time that those real estate dead beats donkey engines etc. the practical use 'the records missing) that it was dif- chasers in Bayocean having gotten a were Investigated by a grand jury of which has not been at all com- flcult to ascertain the facts, and ! rotten deal, and we are doing all in and sent to the penitentiary. There mensúrate with the investment, when we got the facts well worked 1 our power to correct the wrong. If are a large number of Bayocean Many thousands of dollars were al- out we found that the answer as we succeed in beating the mortgage, property owners who would build so expended on salaries, maintaining previously drafted was insufficient, there will be sufficient assets left so there if they had a road, but as the expensive offices in Portland, and . We then drafted an ajnended answer that those who have obtained unde­ which is 53 pages In length, and sirable lots.can be transferred to bet­ T. B. Potter Realty Co is owing the other things. ter lots, and those who have paid or When Mr. Vincent was appointed 'filed the same today. county about $10,000 for delinquent With the answer we also filed an agreed to pay more than what is taxes the county court is holding up receiver, it was hoped that the ex­ the building of the road, notwith- penses would be greatly cut down application .for leave to sell the dred­ right can have the price r<|luced ot standing a large amount of money and a considerable sum saved from ger and other machinery which is obtain additional property or per­ have been expended upon it, and the money which was still coming not deeded and have the money ap­ haps a refund. The balance of the which is doing nobody any good. in from investors; but the result of plied In payment of taxes. This ap- assets, as near as we can judge, will When »he present receivers took over Mr. Vincent’s administration was I plication is set for hearing in the be consumed in making the promised that over $54,000.00 was received by ¡Federal Court on Monday the 23rd ¡improvements; and in this connec- the management of the 1 property . they had a white elephant on their him from investors, but he failed to'inst. If the Court acts favorably on I tian our first endeavor will to build hands, and have it still, for the pro­ keep up the taxes. In the end he was ' this application we will immediately I the Bayocean end of the road, i e. perty is tied up In litigation and unable to collect enough to pay his I advertise the dredger, etc, and apply 'connect up the present pavement in _____ with __ _________ Bayocean the county _____ road when this is where another big wad of own salary of $300.00 per month, | the money, as soon i as sale can be '__ money is wasted. Whether the pres­ and when he quit claimed arreas of made, to payment of taxes, This the county builds up to the Bayocean ent receivers can pull the concern salary to approximately $2,500.00, should help out very materially upon i line near Mr. Biggs’ place. As to the trial of the case relative out of the hole is doubtful, with no and left only about $18.00 in cash the Bayocean road, for Judge Hare gave us to understand that at least I to Mrs. Potter’s alleged mortgage, money to pay taxes and with the on hand. county court determined to foreclose- „„„ One year ago we _ were ----- appointed the road portion of any taxes paid this we are now practically ready for on a large amount of the property receivers in his place without salary year would be applied at once on the trial as soon as the court will hear for delinquent taxes. From present until such time as the affairs of Bayocean road. In that case suffi­ the case, but we doubt if a trial can indications the county is liable to be­ Bayocean could be put in betler I cient work may be accomplished be obtained until after the summer come owners of most of the property shape. We operated the hotel, nata- this year so that it could be complet­ vacation—sometime in September or that Is delinquent, while private par­ torium, etc., last season and expect ed in time for next year. Mr. Coates, October. If however, we get the order ties will bld on considerable of the to have the same open and in opera­ however, seemed to be of the view for selling the dredger, etc., we be­ tion this season, although repairs of that it would be doubtful whether lieve enough money will be obtained best lots. We have received a letter from the considerable extent have to bejnade. much or any work could be done to to squafe up the taxes and thus help Call for your free copy of descriptive plans. receivers, which will throw a little You understand that Mrs. Potter advantage until money was available solve the road problem. so that a contractor could take in Last year the Natatorlum company a mortgage light on the subject and we hope in had the company make the near future to publish some parts for over $173,000.00 to her shortly proper equipment to carry otit the under the influence of Mr. Vincent of the contracts under which proper­ before the company went into the whole job. Thgt of course is an en­ gave us a great deal .of trouble, but ty was sold, the conditions of which, hands of a receiver. This alleged gineering problem which will have we recently obtained an election of Cement, Coal and Building Material have not been carried out to prove mortgage is based upon money which to be solved in a practical manner. new directors who are now working Perhaps you can go over this matter in harmony with us. Last night they our contention that the Bayocean was sent from Kansas City .pursuant property owners have been “bled to the promise of Mr. Potter to make more in detail with the engineer adopted a resolution providing for white” by a lot of real estate sharks. the improvements at Bayocean. The than J was able to, and» since the the sale of a generator and boiler ------ o------ money was generally understood to Roosevelt Highway has carried, poh - which are not needed In the natator­ be money which the Potters were in­ sibly the county court would be able lum, and application of the proceeds Fred C. Baker, Editor, vesting in the project and was so to apply all of the money that we so tar as necessary to the payment Tillamook. Headlight. Tillamook Dear Sir—YoUrs of the 7th inst, entered upon the books of the com­ pay in and add some other money so of taxes which amount to something inquiring about Bayocean, is at hand. pany. This was in 1910. T. B. Potter that a contract could be let this year near $2,000.00 against the natator. linn imiipaio properly. insane July 3, 1910, and re- for the whole Job. We are certainly glad to know that i became ____________ Mr. Coates kindly hunted up the iiUi» ■yours, an organization is being formed to mained insane up to the time of his L. E. Latourette, boost the Bayocean road. The writer death in 1916. Mrs. Potter assumed old estimates for the road and found Of receivers. i was in Tillamook some time ago in entire control of the Bayocean_busi- that it was $21,420.00 to build from company with Mr. Jay Smith and ness and other affairs of Mr. Potter the shipyard to station No. 255 Purie Lo»t. tried to see you. but you were absent without having any guardian ap- which is the south end of the grade from the city. We called upon Judge pointed and sent him to Japan. Peo- that was built several years ago H. L. KING, Tillamook and Bay ocean, Lost, a purs«, containing about $75 Hare and urged that some work be pie were generally In ignorance re­ near Mr. Biggs' place. He estimated this estl- under present prices, that, in bills and silver. Purs« had admis ­ Post Office Address, Tiliamook, Oregon. done on the Bayocean road this year lative to his condition. In the latter f so that it could be completed in time part of 1914, she, seeing the insolv- mate would have to be increased at sion card signed P. Thomas, in it. Finder leave same at the Headlight for use next summer He did not ency of the company and the inevit- inevlt- least 100 per cent. The present receivers will be pleas- office and receive reward. • 2525ZSZSa5ZS2S2525a5H525ES252SHSHS25’¿SÍ52Sa5Z5Z5ZS2SBSa5ZSa52!>