Daily capital journal. (Salem, Or.) 1903-1919, May 22, 1911, Page PAGE THREE, Image 3

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    LAFKY ORDINANCE TO
PURCHASE WATER PLANT
FOR SUM OF $300,000
t
Fallowing Is the full text of the ordinance prepared by Alderman
Lafky, whp, with Alderman Durbln, brought In a report to buy the
property of the Sa-.em Water Company by the city for 300,0O0. The
council passed an ordinance prepared by a special committee com-
posed of Aldermen Carson, Stolz and Greenbaum, in which $48,500
of the original amount agreed upon by the three engineers re'pre-
anting the water company, the city and the state, had been cut out,
and the water company had notified the city that no further reduc
tions weuld be made. Alderman Waring brought in a report sus
tainlng the former findings of Carson, Stolz and' Greenbaum, and
the city council, by a note of 8 to 6, passed the ordinance, which
the mayor vetoed. Acting In good faith, Mr. Lafky got up the ordl-
nance presented below. It was drawn by the city attorney and care-
t iuuy guuo vcr vy uean wcNary. ior Willlamette University law
school. It provides' for purchase in accordance with the Durbln-
Lnfl;y report at $300,000 flat, but includes the $48,500 formerly
dropped out. The Carson-Stolz-Greenbaum report and ordinance,
vetoed by the mayor, carries $330,000 and a lease on the water
power for three years at $3000 a year, with an option to purchase the
water power at $45,000 at any time belbre the expiration of the
lease. After consultation between the mayor and Mr. Durbln, Mr.
Uifky's ordinance was Indefinitely postponed. Both ordinances pro-
vide for payment by the city for all betterments and extensions
made by the water ampany since the date of the arbitration that
fixed the price of the plant on May 8, 1909, or about $30,000 bet-
torments that are just like so many dollar pieces put into the prop-
erty, and made necessary by permament street improvements. The
plant of the Salem Water Company is earning net money, which if
capitalized at present, would 'pay Interest on something like $700,-
000. The difference in the prices fixed by the two ordinances Is
about $100,000, and business men say the city would get a profitable
piece of property at either price.
4
The Lnfky Ordinance.
A bill for an ordinance authorizing
the purchase of the water plant of
the Salem Water Company, togeth
er with all real estates, water pow
er and appurtenances belonging
thereto, by the city of Salem, Ore
gon, provided that said company ac
cept the conditions herein stipulat
ed and set forth within thirty (30)
days, and to authorize the Issuance
and sale of bonds to raise neces
sary funds to make such purchase,
If accepted by said company.
Be It ordained by the common council
of the City of Salem, Oregon:
Section 1. That whereas, the prop
osition of the Salem Water Company,
as set forth In Ordinance Bill No. 882,
by reason of the veto of the mayor of
the city, failed to pass, and therefore,
has been rejected, and the city of Sa
lem, has thereby refused to purchase
said plant upon the terms proposed
by said water company.
Now, therefore, be it ordained that
the following proposition be and Is
hereby submitted by the city of Sa
lem, to the Salem Water Company to
purchase said plant.
Sec. 2. That the city of Salem, Or
egon, will purchase the Salem Water
Company's plant, Including all real
property, water power, water mains,
pipe lines, and appurtenances to sai 1
plant, Including the following real
property, to-wit: Land situated in
lot two (2), block eighteen (18), of
sufficient dimensions to include the
power plant of said company situated
thereon, together with a strip .of land
approximately fifty (50) feet in width,
the same being portions of lots seven
(7) and eight (8) in said block eigh
teen (18), adjacent and appurtrmnt
to the transmission house of snld
company, toegther with lots 1, ,2 3, 4,
C and 6 and sixty-six and one-half
(G6'4) feet off the Southerly side of
lot seven (7), block thirty-six (3G),
and lot four (4) In block forty-five
(45), In the city of Salem, Oregon.
Also block twenty-five (25) and the
westerly halves of lots 1, 2 and 3 in
block twenty-seven (27,) Fairmount
Park Addition, together with that
portion of lots 2, 7 and 8, in block
eighteen (18) of the city of Salem,
Oregon, upon which Is situated the
power plant and pumping station of
said water company, it being the In-
tentlon to Include all physical prop-
moms or tkx axwuax. statement or m
INDIANA & OHIO LIVE STOCK INSURANCE CO.
CAnTAXb
Amount of capital paid up
IJTCOMB.
Premiums received during the year............. f f '152 S?
Interest, dividends and rents received during the year. 15.886.61
Income from other sources, Including increase of capl-
tal, received during the year 100.7Z9.7
Total Income
BISBTrUZXZHTS.
Losses paid during the year, Including adjustment ex-
pensea, eo.
i'lvinenas paia aunng me year ciiu - ,;;;:
Commissions and salaries paid during the year
Taxes, licenses and feea paid during the year !.& " &J
Amount of all other expenditure ia.4n.oa
Total expenditures
ASSETS.
Value of stocks and bonds owned
XvOanfl nn mnrtirairMI And collateral. SIC.
ah In banka and on hand y ; 7 ' ' Vi III '?
Premiums In course of collection and In transmission.. 4..os s 7fl
Interest and rents due and accrued s.soi.su
Total assets admitted In Oregon
LIABILITIES.
Gross claims 'for losses unpaid ......... . . ... '1!j-,115a7
Amount of unearned premiums on all outstanding rlska. .""
Due for commission and brokerage 4100 no
All other liabilities ;, ;. Viii.'ili" ' nK-2f)7 lis
Capital paid up In cash and surplus over all liabilities.. 805.287.86
Total liabilities v-.V,-i,'
Total premiums In force December II, 1910
BUsnrEss nr obeoos roB the teas.
Total risks written during the year.
2ros premiums received during the year
Pr.mK.n.. -.. , the VUf
Losses paid during the year
TwWjra..! SSunding-ln Oregon' December II, 1910 2.3.5.1
INDIANA & OHIO LIVE STOCK INSURANCE CO.
By JOHN R. BONNE LI President
Statutory resident general agent and attorney for srvlce & PA0ELER.
i
erties, rights, privileges, easements,
franchises and property of every de
scription belonging to said company,
excepting only the outstanding ac
counts of said company.
Terms of purchase as proposed by
the city of Salem, are as follows, to
wit: $175,000 cash, the city to assume
and pay In addition thereto, $125,
000 outstanding bonded Indebtedness
of said water company, together with
accrued Interest thereon, which said
boflded Indebtedness Is particularly
described as follows: '
I $45,000 of bonds, par value, now
: outstanding of an authorized Issue of
$150,000 executed under date of July
1, 1892, drawing interest at the rate
of six per cent per annum, and se
cured by mortgage or deed of trust
upon the property of said company.
$80,000 of bonds, par value, the
same being of an authorized Issue of
$150,000, executed under date of July
1, 1903, drawing interest at the rate
of five per cent per annum, the whole
thereof making a total of $125,000
bonded indebtedness secured by a
mortgage deed of tiust, which said
mortgage deed of trust was recorded
in the records of Marlon county, Ore
gon, on August 1, 1903.
In addition thereto, the said city of
Salemj shall pay in cash the cost and
expense, plus ten (10) per cent, of all
additions and betterments, and of all
materials purchased for additions and
betterments, whether used or not,
subsequent to May 8th, 1909, and
prior to the date of the actual trans
fer to the city.
Sec. 3. That this proposition to
purchase said Water Company's plant
shall be subject to the further condi
tion that the city of Salem shall be
able to raise the necessary funds
from the sale of bonds to purchase
said plant within a reasonable time.
Sec. 4. That the proposition as
herein stated shall be accepted by
the said Salem Water Company with
in thirty (30) days from the passage
and approval of this ordinance.
Condemn Sunday Baseball.
ttJNITBn I-BEHS LF.ASKO WFBB.l
Atlantic City, N. J . May 20. The
general assembly of the Presbyterian
church, meeting here, adopted today
the report of the Sabbath observance
committee, condemning Sunday base
ball. Sunday snorts, automoblling,
traveling, theatres and aviatlon meets
$200,000.00
SSS1,7S.I
j, ' i ' mm
1496,02161
123R.R72.6 5
'
1418,391.71
41,39.TI
(370,726.74
..139.420.00
, . 1.9M.6S
... 60117
1 A AA
!' l.ioo oo
i
PURCHASING
AGENT GETS
"QUARTERS"
Tucked away on the second floor of
the capltol building in the wash and
cloak room of the 6enate chamber
without any direct means of ingress
or egress and with Just barely enough
space so that he can Install a desk
and turn around Is the office of C. D.
Frazler, state purchasing agent.
Using the language of the Oregon
ian correspondent these "large and
commodious quarters" were assigned
to Mr. Frazler Saturday afternoon by
the secretary of state. When the law
creating the office went into effect
Saturday, the secretary found him
self confronted with a serious prob
lem In finding an office room and it
was after a vain search of the entire
building that the room was decided
upon as being the only one available.
It is small and Is used during the
session of the legislature as a wash
and cloak room for the dignified sen
ators. There are no means of egress
or Ingress to it, save through the
room occupied by Frank Meredith,
secretary of the state fair board, or
that occupied by Architect Knighton,
and both of which are used during
the session of the legislature as com
mittee rooms for the senators.
In the event that Secretary of
State Olcott is successful in ousting
the plant of Printer Dunlway from
the state house he will assign him
better quarters.
1) .
Stitches, on the Hill.
'TIs the pickaninny's song,
I hear him slneiner still
The mellow notes float back to me
From Natchez on the hill!
Black gal-a, white gal-a, yaller gal-a
whoo-aa!"
Memories crowd thick and fast from
over laoslng years.
Over river, over lake, over swamp
find hnvnn .
With that little darky song ringing in
my ears:
Once again I see the boats on Missls-
slpi 8 stream,
Once again through dusky woods the
white magnolias gleam.
The fig tree and the myrtle tree, the
jes mine and the rose
But sweeter still my mother's face In
undimmed beauty glows!
Once again I cuddle close within my
iatner s arm,
And single out the Southern Cross,
and watch the nre-flles swarm:
The soft night breeze Is heayy with
the honeysuckles scent,
But I thought his good Havana a
more haunting fragrance lent!
All the joy and all the pain of van
ished hopes and fears,
All of them come trooping back from
over wasted years
"Black gal-a, white gal-a, yaller gal-a
whoo-aa!"
With that little darky's song ringing
In my ears!
MARIE CRAIG LE GALL.
o
Averts Awful Tragedy.
Timely advice given Mrs. C. Wil
loughby, of Marengo, Wis., (R. No. 1)
prevented a dreadful tragedy and
saved two lives. Doctors had said
her frightful cough was a "consump
tion" cough and could do little to
help her. After many remedies
failed, her aunt urged her to take Dr.
King's New Discovery. "I have been
using it for some time," she wrote,
"and the awful cough has almost
gone. It also saved my little boy
when taken with a severe bronchial
trouble." This matchless medicine
has no equal for throat and lung
troubles. Price 60 cents and $1.00.
Trial botle free. Guaranteed by J.
C. Perry.
The art of ooking a piece of beef
steak is quite as "cultural" and a
deal more necessary to the world,
than the art of writing spring poems
for the waste basket.
Futher's Tengennce.
Would have fallen on any one who at
tacked the son of Peter Bondy of
South Rockwood, Mich., but he was
powerless before attacks of kidney
trouble. "Doctors could not help
him," he wrote, "so at last we gave
him Electric Bitters and he im
proved wonderfully from taking six
bottles. Its the best Kidney medi
cine I ever saw." Backache, Tired
feeling, Nervousness, Loss of Appe
tite, warn of Kidney trouble that may
end In dropsy, diabetes or Brlght's
disease. Beware: Take Electric Bit
ters and be safe. Every bottle guar
anteed. Fifty cents at J. C. Perry's,
The policy that takes best with
widows is a life insurance policy.
Id the Wake of the Measles.
The litle son of Mrs. O. B. Palmer,
Little Rock, Ark., had the measles
The result was a severe cough which
grew worse and was bo severe he
could not sleep. She says: "One
bottle of Foley's Honey and Tar
Compound completely cured him and
he has never been bothered, since.
Croun. whooping cough, measles
cough, all yield to Foley's Honey and
Tar Compound. The genuine is In
the yellow package. Refuse any
substitute. Red Cross Pharmacy.
A carelessness of attire that is un
nnrdnnalilR in a fifteen dollar a week
clerk. Is a mere eccentricity In a mil
lionaire. Children Cry
FOR FLETCHER'S
CASTORI A
DAILY CAPITAL JOCK.VAL, SALEM, PRECOX, MOXDAr. MAT 22, 1011.
i.
"mm
V--v.-
1 X
' i' W W
JUJJ.IUUa
Electric Hose
If you watch a man spraying his
lawn for about two minutes you can
tell whether he has confidence in the
hose or not.
If he keep glancing from one end of it to
the other you can depend that he's getting
nervous and is watching for a wetting. Don 't
take chances when you can buy Electric
Hose and be absolutely sure of the highest
efficiency.
Electric hlllt will nnl kiM ..-l.
split. It's made of seamless seine twine
jackets and rubber tubes.
SALEM HABDWAHE COXTAST.
A Wonder Bungalow.
A triumph of architecture In
point of maximum convenience with
minimum expenditure of both mon
ey in building and energy in "keep
ing house' Is described by Prank
Maynard In the June number of
Popular Mechanics Magazine. He
appropriately calls It a "Wonder
Bungalow." Some of the features of
this dwelling are as follows:
Prom the entrance porch, one
steps into a beam-ceiled living room,
25 feet long by 12 feet wide, extend
ing unbroken clear across the front,
with casement windows on all three
sidesi Directly to the right is the
staircase. In the center of the front
wall are French windows leading to
the living porch. Next to tho stair
case is a little closet for outdooj
wraps. In the back wall of the liv
ing room Is the lopening of a small
hall leading to he ground floor bod
room, the bathroom and the stove
space. Next is the grill which hides
the stove, and beyond this the revolv
ing wall and swinging door which
closes off the kitchen.
"When not in use, the dining room
table is placed in a corner of the
kitchen. It is set for breakfast,
lunch or dinner, as the caso may be,
In the kitchen, then the meal Is
placed upn It, the swinging door is
hooked back, the revolving wall
swung aroundi, the table being pushed
along at the same time, and !n a mo
ment one end of the living room has
asumod the characteristics of a din
ing room. On one side of the revolv
ing wall is a china cabinet, which is
In the living room when the latter Is
converted into a dining room, and In
the kitchen when the living room
again assumes Its natural role."
o
A bit of hard oil on the evener
where it rubs will help matters.
Now Is the season when the har
row should parn lis cost and keep.
all patent medicines or medicines ad
vertlsed in this paper . are for Bale al
DR. STONE'S
Drug Store
The only cash drug store In Oregon
owes no one, and no one owes It;
carries large stock; its shelve,
counters and show cases are loaded
with drugs, medicines, notions, toi
let articles, wines and liquors of. al'
KftdB for 'medicinal purposes. Dr
Stone la a regular graduate in medi
cine and has had many years of ei
perlence 'In the practice. Consulta
tlong are free. Prescriptions art
free, and only regular price for Bed
lclne. Xr. Btona can .be found al
nls drug store, Salem, Or., from i
In the morning until 9 at night
)rMrti
Thousands of Dollars t
Have been saved by the people
of Salem by the' establishment
of our sewer pipe factory In
this city.
The retail price of Rewer pipe
In Salem today is 25 per cent
lower than It was ten months
ago, when we began Its manu
facture. We have no heavy freight
charges and breakage, and can
. undersell others on that ac
count. Our pipe Is the best and strong
est. .
Recommended by leading en
gineers. Now used by the larger cities
la the Northwest.
Call and inspect our factory,
get our prices and save money.
I Salem Sewer
: Pipe Company
385 S. Liberty St. Phone 14
1
w It .aV -1 fT I
mm. .m
Mnclhiinrioihidll
4
IT HE
iMOST
F you have not made an investment in
this tract, it must be because you have
not seen it. This tract is situated right
in the heart of the city, has good carservice,
is close to paved street, has the advantages of
stores near by. A new school house will be
in or near this tract. You can raise your
garden and own your own home in an addi
tion where the building restrictions preclude
the chance of having your neighbor build a
shack beside you.
Your advantages are many and your dis
advantages are few. You do not have to
I remember sewer taxes, nor have the trouble
I of laying a sidewalk, for these items of
expense are to be paid by the
Don't wonder any more about
I easy payment
tYour reach.
: Agents will
t week more and the
r
will be in on 23d Street. Buy before
AB F-lfi' H)-RI,,
sJ 21 Niii vM!s A l I
' "CD ' "C . xr m 3 n I
company!
..... .t
276 State St.
ADDITION
BEAUTIFUL!:
and liberal contract is within
Look at once.
explain it to
a r
the prices advance;
AGENTS
UGK THBE1
present owner.
it, because our
you.
new bridge
Phone 16
Our
One