Daily capital journal. (Salem, Or.) 1903-1919, March 27, 1907, Page 6, Image 6

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    DAILY CAPITAL JOUItN'AL, SALEM, PRECOX, WEBSEBDAY. MAliqil 37, 1007.
INTEREST
SON STATE
MONEY
Run-down People
Hew Law Compelling Banks
to Pay 2 Per Cent on
Deposits
Section 1. It ahnll bo tho duty of
tho stnto tronsuror on tho first Mon
day In June of oncli yonr, to doslg
nnto Btich banks nnd trust companlos
within this atnlo as ho may, undor
tho provisions of this net. doom oll
glblo to ho mndo stato depositories
for tho purpose of rocolvlng on do
poult funds of this Htnto, nnd paying
out tho snmo on ordor or ohockH of
tho stnto tronsuror.
Section 2. All bunks nnd trust
companies npplylnK to bo mndo Blnlo
dopoHltorles undor tho provisions of
this net, shall, on or boforo tho first
Monday In Juno of oaoh yonr, lllo
tholr application In writing with tho
utnto tronsuror, said nppllcntlon to
bo accompanied with n sworn stnto
incut of tho financial condition of
dnld bank or trust company nt tlmo
nppllcntlon Is mndo. Tho stnto treas
urer Bhnlt pnHH upon nil applications
mndo lu campllnuco with this not,
nnd sliall stnmp upon tho nppllcntlon
"approved" or "rojoctod," nnd tho
flnino Hhnll bo duly signed by him.
Any and nil implications stamped
"npprovod" and Blguod by tho stato
trcaBUror, as horoln provldod, shall
bo doomod ollglblo to bo mndo stnto
depositories undor tho provisions of
this not.
Section 3. Tho stnto tronsuror
shall dopoBlt and nt nil timet) keep on
do pop It In national hnnkH doing lumi
nous In tho stnto of Orogon or otlior
linuks nnd trust eompanlou doing
business within this statu, ns Hhnll
hnvo boon uprovod undor tho provi
sions of this net ns horoln provldod,
the amount or money In his hand
belonging to thesevornl f inula In tho
stnto treasury, nnd any such bank
or tniHt compnny may Hie with the
stnto treasurer Its applli'iitlon for
tho privilege of kuoplug on deposit
niioh funds or some part thereof. All
such depoNltH mIihII lit subject to pay
mout when dumuudtd by tho statu
tronsuror on IiIh ehok. and any j
bank ruoelvl
P 4 sneieBUUUum
IV x P s Venenenuuuenuuuw
Need VINOL
the modern strength creator
and body builder
Many pooplo right horo In this
vicinity nro nil run down nnd hardly
nblo to drug nbout, don't know
what nils thorn.
Innlnoty-nlno ensea out of n hun
dred this Is caused by overwork, too
cIoho cnnllnomont or continued strain
and worry.
A membor of tho 0. W. I'utmnn
Co. says: "Such people nood Vlnol,
our cod llvor propnrnUon without
oil, which contnlns In n hlshly con
contrntod form all of tho nudlclnul
nnd strongth-crontlng ulomonts or
cod liver oil nclunlly taken from
fresh cods' livers, but from which tho
useless oil hns hoen ollmlnntad nnd
tonto Iron nddod."
Vlnol euros conditions Ilka this
bocauB,o In n natural mnnnor It lu
croasos tho appotlto, tones up tho ill
gontlvo organs, mnkos rich, rod blood
nnd Btrougthous ovory organ In the
body.
Wo nsk ovory man, woman and
child lu this vicinity who Is run down,
tired nnd dobllltutod to try Vlnol on
our offer to return monuy If It fnlls.
0. V. Putiiiuu Co.. druggists.
Nolo. While wo nro solo ugonti
ror Vlnol In Snlum It Is now for snlo
at tho loading drug store In nonrly
ovory town nnd city lu tlu country
Look ror tho Vlnol nifoury In your
town.
Now, therefore, If said
of
each and
stato treasurer
a Btntemont In duplicate, showing
tho dnlly balance of the stnto moneys
hold by it during tho mouth next
bank 'treasurer, out of any money In tho
lioloncinK to mo
Section IS. For tho purpose of
carrying out the provisions of this
.. at U !'," SHSidJTK . e ..7c 7,i ".. b tor .PP-apnateYaT-
... !... I, nM tUn rnmnvnl
or otnerwise uhiub m " "- .
by the state treasurer or by his con
sent, of such monoys, or n part there-
preceding, nnd tho Interest thoreon. of, out oi me uu.l . - -
and Bhall well nnd truly keep all said treasurer's department or -out .of any
- .. ,i .u.,1 .,.. n iotf.il iienoeiiory ui um uiu.jo,
-11. ., ' .. ...,. n ti,nM thorlsed by law to be paid, or for o
the purpose of depositing the same,
under the provisions of this act, in
treasury, not other wlso appropri
ated, tho sum of $1200.
Section 19. All acts nnd parts of
acts in conflict herewith nro hereby
repealed.
Filed In the office of the secrctnry
interest thoreon, subject at all times
to tho check and ordor of tho Btate
treasurer as aforesaid, and ahnll pny
over tho same, and any part theroor,
upon tho chock or wrltton demand
of the stato treasurer, anu to nis
successor In offlco ns shnll bo by
Tetter, Salt Ilhcuin nnd Eczcmn.
These aro diseases for which Cham
banks which shall have qualified ns berlnin'B Salve is especially vnlu
deposltorles, shall constitute a felony, able. It quickly nllnys tho Itching
and on conviction thereof, shall sub-, and soon effects a euro. Price 25
Ject the treasurer to Imprisonment in cents. For sale by Dr. Stone'B Drug
him demanded, and shall calculate, the state penitentiary for a term not Store.
.... . .....,lln lu'n vsnn nr n Ann tint I
..iif .i n0V'0ni,i !ntflrRtnsnfore-:execeedlng two yenrs or a fine not
said, and shall In nil respects, save .exceeding $5000, or both such flnj
and keop the Btnte of Oregon nnd and Imprisonment, nnd the treasurer
said stato tronsuror harmless nnd In- j shall be liable upon his official bond
domnlflod for any by reason of the for all profits realized from such
mnklng of snld doposlt or doposlts,
thon this obligation shnll bo void
and of no offocb, othorwlso to be nnd
to remain In full force nnd vlrtuo.
Witness our hands and sonls the
day and yenr first nbovo wrltten:
(Senl) (Sonl)
(Seal) (Sanb
(Ssnl) (Soal)
unlawful use of such funds.
Section 12. If the treasurer wlll
fntiv full or raftiM at nnv time to do
or perform any net roqulrod of him by Signature of
this act. he shall be guilty of n mis-
demeanor, and, upon conviction
thereof, he shall be sentenced to pay
a fine nut exceeding $6000.
Section 13. The offering, or giv
ing, directly or Indirectly, by any
CASTOR I A
Tor Infants and Children,
The Kind You Have Always Bought
Boars tho & slTs, . '
&z&jff&dui.l
FASTIDIOUS WOMEN
consider l'axtlno Toilet Antiseptic a
necessity In the hygienic care of the
person and for local treatment of
feminine ills. As n wash its cleansing,
germicidal, deodorizing and healing
qualities nro extraordinary. For sale
nt Drugdhts. Sample free. Address
The K I'axton Co., Hot ton. Mass.
All bonds nnd socurltlis, nftor ap
fproval, shall be doposltod with and bank or depository, or by any ofllcor
hold by the tronsuror. It shall bo the or stockholder thereof, or by any
duty or tho nttomoy gonornl to ontor other porson or persons In Its or
nnd prosecute to Ilnnl determination ' their behalf, or by Its or tholr knowl
nll suits for tho recovery of any pen-'edge, acqulesconse, or authority, or
alty arising undor tho conditions of In Its or their Interest to tho state
any bond roqulred to bo glvon by the treasuror, of any gift, compensation,
provisions of this net. reward, or Inducement with tho In-
Soctlon, G. Tho stnto tronsuror tent or for the purpose- of Inducing
muy designate" n bnnk or trust com- said tronsuror to doposlt funds of
pnny In tho city of Salem or n bnnk the state In nny bnnk, contrnry to
or trust company In tho city of Port- any law of this stnto, shnll constitute
intwi n u mi iiptlvn ilniinnltrirv for the n felony and shnll, upon conviction
rzssffl -S-T ifiNr :?r:-
'wv --
ClIOT
From rnfts to mill tho snmo caro
collection of any drnfts, checks, cor- thoreor. subject tho party or parties ' " ' tho handling nnd selection
tlllcatos or deposit nnd coupons that offondlng to Imprisonment in tho of our lumber, nnd also saves you
mny bo received by him on nccount state ponltentlniy for n poriod not monoy.
of nny claim due tho stnto.
Suction 7. The bank or trust com
pnny designated as such active de
pository shnll be requlrod tq give
exceeding two yenrs or by n flno not
exceeding $5000, or by both such
line and Imprisonment.
Section 14. The state tronsuror Is
Cotno nnd sec us nbout prlcos.
CSOODALE LUMHKIt CO.,
l'nrdft Xcnr Depot.
security to the state, to bo approved hereby uutlmrlxed and empowered to
by tho state treasurer, for the prompt sell nny nnd nil or the bonds,
collodion or all drarts, chocks, cor- warrants, and other securities that
tlllcntos or deposit, or coupons that may bo doposltod ns security ror tho
may bo dollvored to such actlvo de- deposit of any state funds In nny de
pository by tho state trengurar for posltory under this act, nt public
collection; aUo for the r keeping or private sale, wherever thoro shall
and prompt puymont on tho state be a failure or refusal upon tho part
treasurer's ordtr or the prooeeda of or any such bank, as a depository,
all such collections; also ror th pny- to iwy over the mild funds or any
inent of all drafta that may lie It- part thereof upon the check or de
sued to said state treuanrer by such maud of the treasurer made, upon
u g and holding any such'H,'cU lMotlta and the Interest there- active depository. such bank. Notice or the sale of
nforosuld. ahnll bo r-'ou- H,,,l ,,0,H,H( w,le" ,vo"' t,,1",,' Suctions. The state treasurer, on "uc, l',,1' warrants, or other se-
recelpt of any draft. owk, or ccrtlll. curiHw, umim- iou au. snnn ne
rate of depiult, on account of state lTn for "rlw 'f ""'.
iiiiiiiBii. ii iiiiii iinii ! niiiiii iru m -w
nulr.d in i..y and h1.mI1 nny to th. , ' ,)f Oregon, nnd to
tntu hi rtho privilege if lioldliig rt,,r wlth t,H eMrUIi orfored,
tho Miiim. Interest at the rate pr- ,' "PKroved as to the legal
Horlbml by the slaU treaauw a torm ,,,w oriiy general. Snld
horolimftfr provided, which rate of , lifl shnll lw cnnilltloiitxl that the
Intoreat itliall not be lee than per l1Mllorir shall, at the belnHlHK or
coat per annum, and subject al to " r' oulh. render to the
audi regulations as ar IiuhmiI by treasurer and secretary nr state a
Inw nnd the rule, adopted by the Slnteinent. lu dupllcnte. showing tho
ntnte treasurer for receiving nnd ,' balance and tho nmouut of
holding such depuelta; provldod. thai ,' ,r t,ltt HI held by It during
tho stnto treasurer may retain on :'' preceding, nnd the nmount
hand lit the vault or lu his control iw ' t,l l"trmt thoreon nnd ror the
.nt. ir,.urr n miiiu nut tu iixceoil puymont or said deposit and the In-
.... ..-,. .--. .- ...... ..... -. --I
9100,000 as u reaervo ror the pur
pose or paying therefrom the current
obligations and appropriations of the
etnti. The slate tretteitrer eliull an
nually on the last day of June, or
when mttd dav shall fall ou Sunday
tervet thereon, us horolnbufnre pro
vlded, when demuiulud by tho state
trenaurer ou hU chock at any time,
and generally to do and perforin
whatever mny bo required by the
provisions of the not nnd a faithful
n.... m. n.u ..uxi dav uiHwo-.li.. ii x dlarkarge of tho trust remised lu
tho rnto of lutert to be paid on "' deiioeltory; provided, that no
Mich depoelta. whleahaU not be ' lrtoMal bonds shall be accepted
loss than the rate hereinbefore In J" ,,u" lrovlM for under this
this act e-tnUUIml. and which rnti mmy company bond
when so tMUbllehnl JinU nt hhiI shall be Ih Bitbetauee ns follews:
cluugxl for eurk iterlotl of oae year- Know all men by theee presents:
Hectluu 4. The nmouMt to be paid THnt
as irtuelal, and
by nny and nit depnxltortee wader the Surety eompmty, surety, are held and
provision or tats act, for the prlvt- llriHlr UoumJ unto the state of Ore
lego or kieptHg aurh pubUe funds oh jow In the shim of dollare. for
deposit, shall be computed on the (tie payment of which well nad truly
average dnlly balance of tee public-, to be made we hereby Wind aunselve
monee kept on depoett therewith. Jour weeeeioni and uaetgMs tor as tke
nnd shall be credited ami lld to the ee may be) Rrmly by Uieee pte
etnte quaHfrly ee tke Mret ilw ef(et.
Jauuury. April. July, wwl Oetober of i Diel tke day of -, A. D.
ouch year, and wck ileptattory ehall, ,
qunrterly. uh tke .days aioreeeW. j Wkeree. tke acid prtaelpal, tke
romlor a ateteweut I UupHrale u kX of bus applied for a
(he trvwMLrt r end serreury of (Hle part of tke eerretu funds ta the state
showing Ike nstouti rrslU-U j trcMery of tke slMle of Orvuo to be
Tke leaeurer shell requirv. end It leMeltel In mW ntuik, tke asaoeat
t lierevr MMde ike del) f ry 'tii Man e euojevi io wiu
duee. may plane the eaine In such Mtwipor published in the city of
active deiwaltory for collection, and S,,B- Oregon, and when the sale
It shall be the duty of suck active tkwnot is made by the atate trene-
depoeltory to collect tke same with- Mrr f,thr Public- or private sale,
out delay, without charge ror Its ser- Mnder th,B "rt- ,,,, m'h bonds, war-
vlcea ror such collection, or for ex- r"nU' or olhwr "'Htlw. haw leen
chnngt. and to notify tke state treae- transferreil by the state treasuror,
urer when collected. The coinpen- th olte nwiierehin of such
witlon to be mtd by suoh active de- bonds, warrant, and other eeciirl-
poaltory shall be llxed by the state lli re,u ' "e purchaser or pur-
tronsurer upon the best terms obtain- . "lion me payment of the
able for tho state.
Section 9. The word "bonds"
wherever used lu this act shall be
held to Include bonds furnished by
surety oomiwnlea authorised and
qunlllled to do biiilneets In this slate.
Tha weird "aaanrilv" nr "&intl.
ties" shall be construed to Include lt,t
United State bonds, bonds of the! S1'"" 15. In the event all the
stato of Oregon, nnd thoee for whleh ' tmul r tH 8tt m ot applied for
It Is ultimately liable, bonds of tke "J" llroveU depositories under tho
purchase monoy to the stato treas
urer a.ul upon Illllug a duplicate ro
oelp therefor with the secretary of
state. Should there be any surplus
after paying the nmouut due to the
state, and expenses or snle, It shall
be paid over to tke bnnk wuklng tho
Better Than the
Best
Wild Rose
Flour
Made From Selected Valley
Wheat
At All Grocers
$1.00 a Sack
several countlee, cities, village,
towns, and sehool districts of this
provision or this act. the state treaa-
urer Is authorised In his discretion '
state, warrant of the state or Ore- '" dtWMit the rand not so applied
gon and or the eeverai counties tkere- 8r ""d rilHJC In hi hands. In i
of on the current expenee rnad. No j0,M lvnt bank or banks, tru j
eecnrltlee ska II be approved nnlee ,oHpny or trust compaaJeti. upon,
their market wine shall equal tkelr lh 1 ,rm" obtainable. i
par or face value. Upon puyinent to Section 1. The words funds"
tke state of the depoett and accrued need In this act shall apply to all
Intereet for wkiek security was '! In tke state treasury except
given. It skall We returned to tke tke com woo sckool. arlcultural col
kejik turnlsklni tke seme, and wken toff, ud nnlveralty fund. Nothing '
auek eeturltle cun be conveniently J U tkU act skull be construed to de
Spent wisely Is the source ot much
satisfaction. Why not spend a little
of it wisely now buying groceries of
us7
Baker, Lawrence & Baker
Successors to lUrrltt Iwrencs.
.,.....! .1 .. . !.. ..
rap.rH, t tnuuii leereot uuj' phti me state laan board ot the
be. In tke discretion of tke state J power to Inveet or dtioM or tho
treasurer, reduced in proportion as n4 derived from tke sale of pnb
nek deposit hH b reduced or re- W tonfo I uow or may be pro
paid to the stele. vlded by Inw
Section 10. Tke state treasurer Section 17. Whenever
may cane an inveetlnatlon
state
the unit.-
to D4 treasurer. In (urnUhlaa tkm twm.1 ,
m.m.7.11 -uch money, d. l r.r a. ,k. r,mraee. of tkeatate .el ol iuy ban. . T 11 . Z 5"' " "" !
with . b,iu. the euioeat .1.-, ,..t- .h.lUeiuaud. and wklck amount mav !' , ""n "l """H ml a b"d " surety J
dor a. tke tn.lM.ln. of ck and - d ne. and. wU,lWr , h- Ju J fcWeka. J . , Lt tki !
.very .non.k ... .. i.n nJ .. tke aald kauk. in ... u or .., au yl bUl, t.riUir. u MJl J j
r?"' :' "S "'IT?' '4,,,uUn af 7 " -, M retre. U. and .c. ! tor ..ch bund no to c I
dupllrate. ekouleg tin d-il balance the i.iltlfne of keetnan tke eeuir '.i.,(l.w.. .k.ii i ..h.. I w,. . " lo xc
1
l?W?eM91
Gold Dust Float
Made by TUB SYDNEY POW-1
BR OOMTANY, Sidney, Oregon.
Made tor family use. Mk yeur J
grectr tor tt. Bran and shorti
always oa hand.
of the Uel moaeys keM b It during kaa a.v J to pay Ike state of Or
.1111.11 MM.l 1. .v.ak.. . .. . .. ... . ..
"-- . 'w w.wuiamu UBIAAt VBIFIIira UI nn.. 1... j.b. -.
ktl.'h uu nr a.titllt.,...! L . u... . .w.
ItlM lUlltlttl Ull HMIUhJUlltlHt. Jliul tit I any ll..i.l M iuill uu at m l-Mlw -. ... ..... I. ' HMIHVU IO VIM
""" , 7 ' " . "" Amr "Pwn int-uii.a niOon4 so ex.vuud and aaurnv.!
tnlrtrAMt Ikarau akut tttl aMUta aaill Lu Tu.it I ih.i Iwn I k hm avtut , I "u "MirOXeU
,.,,... , .,-, .. .... ... ,-, ,. . , Miii uui iae proMlon of tuU
a am n a mw m mmww albb ' uutt a ru u am u .k ak k r in tm . .!..
eald money ou dopoelt a nfuresuld.
eball be credited by tho treasurer to
(bo general fund.
Section 5. For tho security of
fund o deposited uuder tho provt
hi of this not, tho state treaeuror
!! riUlro all aurh depositor!
to fepoelt securUlw of tho kind nad
viMriKr0r krl.(twp drlbl. wr
P. B. Wallace
AGENT
, natej
BARGAII
In Real Estat.
Real estnio n. . . M
Wo are olterIBV,T!
payyoutn.nJLr0abati
- rni iirnta w
Three-fourths acre n, . 5
-" kuuq iruit ...-
IU chicken yard; TocaS
cm. Seati-i.-- hai
well
Salem. SeenSi
Sco this w. ' .',0fK,l
- -wl(J j0aI)nT..
nouso on Court. 128 f. . "
itndclift Co. '!
Modern cottage of flT9 reflr
Plumbed and wired, BOo
lot 75 by 160 feet, Jh?7$
Price U5 00. "
Nino room house, p
ets, pantiy, basement, uif A
bnrn 20x34, woodshed Z t
Plnco is three blocks frJ" S
house. Prlco $2625.
Soven acres all in cnltir&tlea J
house and h.im nn. .. .''5
This plnco is on a good cxiiterf
U200. Vj
Ten ncres ail In cnlUnthiS
flvn rtr limine t . JS
good mixed fruit, well l0.
ncres In nnq ou ,, .
lfni. Pflnn tlOrtft a
Eighty acres; 67 In cultlnikif,
In pnsturo nnd timber; It lotj'i.
whont and cheat; 7 acres la tltn
G room houso, good barn ul p
nry; 4 horses, 6 head ot catUt,
chlckons; 2 wagons, 3 set cl bn
nil lmplemnnts, hay, grain, ettiS
$8000. j
Sovcrnl houses for rent &s
you want anything la Insarua'
notnry work. 4
RADCLIFF CO!
Reliable Agents;
Room 11, Moorcs block, Silta,(r
Rofcrcnce, any bank or Vwhf
house in tho city ot Silta i
House
Cleaning
Time
i
I
1
&i lU H-&!
Mtm
mi. ..,n u i,re for
... nml uhon It It dOM JCt W
your plumbing put In erf
thoro la anything wrcaj W 1$
range or water tank, wr, J
Plpos or gas pipes tend wcrf
experienced men to pat lt?
A. L. FRAN
M. A. -J 3
MB ni oww
I'hone 135.
H. S. Gile & (J
fUMCl&idC"
mission Mttci-
Wholesale
not ie than two 12) r mh per wrllic ou, lh pro,UklIl. o , wk.never a peon empTovi In
annum on tke amount of nid de- 'actbail he udul b, lh. reutry tke oee of tkeT3. treosur rl
p.u.lt. tke nm to be oreillted and , mu .d paid out o, tke eneru'. nurel by klm ,o tnrnS a LIT
IM14 quarterly upon tko dally aver- fund of tke state. Tke etat. treas Uhnll lurntek a bond exeVuted by i
ag of such amount a tko said tank ttNr shall not be liable ...u. rtv M.u..v -..-!!.,J. ?
uror shall not be Itante personalty
nhull hava mi deooalt for the ausr'. mum t.i ..m-i.i . .
. .. , -,.., , , arvu ni WMHi tHNIU Itr na'
tor. or any fraction thereof, neat money that may be kt by reason
precodlnK tbo crediting or payment J0f the failure or Insolvency of any
of said Interest, which Interest shall
be computed nnd accredited to tko
nreouat of tke Ute and akall kecomn
m slf oond for the mmi of Jthcttcerorth a rt ftt iuck depoelt; jdlwtly or ludlmtly. by the tte Wad to executed and approved
bnnk which become a depository
unuer tait act
Section 11 The making of prott,
surety company legally autkorlred to
transaet business in this tte, and
uch bond shall bo approved by tho
state treasurer, tho state shall pay
the premium for such bond, not to
exetN4 one-third of one per cent per
annum of the penalty named In the
Salem Fence Wire
Headquarters for Woven Wire
Fencing.
Hop Wire. Barb Wire, Poultry
Netting, Picket, Gate, Shingles and
P. Jk B. Beady Roofln
All at lowest prtee.
Waiter Morfey
2X0CortSt Sato Of,
... -. .11 tiU'
In the oarxei ,j.
dried fruit and faro P "
kinds.
SPKCUIi
... Mlillt
VO OHO .
for n large dryer; "
;pnH the family
. . .i
Washing iQt
aad youll never sou
Tie
It done at home
when every fa"y f1
to se " t
but times have - -
.hiiadP0
bave te w- . ,
you can better "
family wlas
Ask about oar F""
ing, rough dry.
The Sate
e MtanMr'
Qf-Oelftt U'