anaheim-gazette 1908-09-10

TO REFUND FLOATING DEBT WATER BOARD PROPOSES AN ISSUE OF $300,000 BONDS Meeting of Stockholders on Saturday to Vote Upon Proposition—Information For Irrigators. Stockholders of the Anaheim Union Water company will meet Saturday morning next at 10 o'clock for the purpose of voting upon an issue of $300,000 to refund the company's indebtedness and for other necessary improvements. The total indebtedness of the company on June 1, 1908, was $278,580, as follows: Bonds, due Jan. 1, 1915...$ 75,000 Unsecured notes now overdue and payable...149,655 Unsecured notes due and payable within 12 months...28,925 One unsecured note due and payable Nov. 1909...25,000 Total indebtedness...$278,580 The company is liable at any moment to be called upon to pay $149,-655, the amount of overdue notes, and the directors in a signed statement to stockholders say they submit this is an intolerable business condition, and one that causes the directors much anxiety. It is a condition that cannot be allowed to continue, and must be met at once, either by a series of heavy assessments on the stockholders or by issuing bonds with which to take up this floating indebtedness. It should always be borne in mind continue the directors that the proposed bond issue is to be almost entirely used for refunding the present indebtedness...$75,000 of bonds BRINGS A NEW STORY Harry Hanna Returns from Trip With Latest News Harry Hanna has been the week at Miraflores with following a three month's tour down the St. Lawrence rapids he describes as exhilarating extreme. He spent some Niagra Falls, and was piloted the Cave of the Winds, falls. This trip cost him a guide, although he says it ten. New York he pronounces derful town, and he was ably impressed with Boston burg. In the former city cury registered 96 degrees, the warmest city that day country. At the Bethlehem works he spent several days guest of his cousin, T. S. manager of the works. He mills idle for the most part count of the financial flu brings with him the follow story about the troubles eigner who thought he hadance against a Pittsburg bicycle dealers, and wrote the follows: Guli de six, 19 Mr. f. L. Jones & Company Dear sur. i recev de Bicyc I by from you, all rite, but you don't send me no Sad-de I am loose to me one custom Ting, by no have de Sad-de not verree pleasure for me. Was is de matter with you f. L. Jones & Company? moneys so good like an-odde You loose to me mi trade It should always be borne in mind continue the directors that the proposed bond issue is to be almost entirely used for refunding the present indebtedness. $75,000 of bonds of the proposed issue will be placed in trust to meet the present bonded indebtedness, and this amount will bear no interest until exchanged for the present outstanding issue, or sold for the purpose of paying the same. The Board of Directors have pledged themselves to place the said $75,000 in bonds in the custody of some reliable trust company under such instructions and safeguards that this Board, or any future board, will be unable to use said bonds for any other purpose than the redemption or payment of the present bonded indebtedness. Also, $25,000 of said bonds will be placed in trust to be used in payment of the unsecured note for $25,000 which becomes due in November, 1909. Of the bond issue $178,580 will be used for payment of other unsecured notes of the company. Holders of these notes will be given opportunity to exchange their notes for bonds; and those who do not desire to make this exchange will be paid from the proceeds of the sale of the bonds. The balance of the bond issue, ($21,420) will not be sold unless unforeseen exigencies arise which would make their sale advantageous to the company. The board proposes, with the consent of the stockholders, to issue bonds to the amount of $300,000, bearing interest at a rate not to exceed six per cent per annum, payable semi-annually, said bonds not to be sold at less than par value, as follows: Ten bonds of $500 each and five bonds of $1000 each, payable in five years from the date of their issue. Fifteen bonds of the same denominations, payable each year thereafter to and including the 22d year. Mr. f. L. Jones & Company Dear sur. i recev de Bicyc I by from you, all rite, but you don't send me no Sad-deI am loose to me one custom Ting, by no have de Sad-denot verree pleasure for me. Was is de matter with you f. L. Jones & Company? moneys so good like an-odde You loose to me mi trade verry angree for dat. so m tell you, mister f. L. Jones panie, dat you are some d lak de Hell, & no good. I will send you bak at w behind yester-day your Bic cause you are such dam fo Peoples. Yours respectfu Napoleon Bou P. S. Sense i rite de lett de sad-del in the box. excu you please. LOS ALAMITOS Los Alamitos, Cal., Sept. Regular Correspondence thundershower of yesterday about one-tenth of an inch which had the effect of se dust for a few minutes. The sugar factory thus fa ing a record run on beets ing 20 per cent, or one-fifth and the quality of Extra Fin lated turned out is the best its history. Six carloads of beets a being received from Smen Buena Park, the balance c by team. Heavy shipments of beet rail are being made to daily distance at the popular price cents per ton. Nearby da also feeding great quantities. The farmers wear a bro as the tonnage harvested ccess of anticipation. The harvest of beets from acre tract of land farmed Montana Land Company give good results. The average tons per acre and the ave cent of sugar was 21 per o ing a price of $6.30 per ton per acre. This land wa gated and the season was ing interest at a rate not to exceed six per cent per annum, payable semi-annually, said bonds not to be sold at less than par value, as follows: Ten bonds of $500 each and five bonds of $1000 each, payable in five years from the date of their issue. Fifteen bonds of the same denominations, payable each year thereafter to and including the 22d year. Twenty bonds of $1000 each, payable in 23 years. Twenty bonds of $1000 each, payable in 24 years. Eighty bonds of $1000 each, payable in 25 years. It is thought the necessary vote of stockholders will be secured and that the issue of bonds thus authorized by them. FARMERS' INSTITUTES On account of there being no hall at Smeltzer the farmers' institute scheduled to be held there on Sept. 21 and 22 will meet at Wintersburg the same dates. Dr. Shaw of the university of California will be present among other speakers, and will deliver two addresses, one on the culture of beans, the other upon sugar beets. The institutes scheduled for Tustin and La Habra meet as already arranged for, on the 23d and 24th at the former place and at the latter the 25th and 26th. Fullerton will probably have an institute this fall, and Anaheim's turn will come in the spring, when Mr. Neff hopes to have a series of interesting sessions in his home town. It is expected that this will contract for between 89,000 acres of beets for mason's campaign. From prescriptions there will be a thousand acres more offered was accepted last season. Policy of the company to o Hanna has been spending at Miraflores with his folks, and a three month's tour of the seaside went as far as Maine and over into Quebec. One of theures of the tour was a trip to St. Lawrence rapids, which involves as exhilarating in the water. He spent some time at falls, and was piloted through one of the Winds, under the trip cost him a dollar for although he says it was worth New York he pronounces a won-town, and he was also favor-essed with Boston and Pittsburg, the former city the mer-stered 96 degrees, making it the nearest city that day in the At the Bethlehem steel mill spent several days as the cousin, T. S. Hanna, of the works. He found the need for the most part on account of the financial flurry. He with him the following true about the troubles of a former thought he had a griev-ainst a Pittsburg firm of dealers, and wrote the firm as Guli de six, 1900 & 4. L. Jones & Company. Mr. i recev de Bicy-kel witch you, all rite, but for why send me no Sad-del? Please to me one customer, Sure no have de Sad-del witch is pleasure for me. De matter with you misteries & Company? Is not mi so good like an-odder mans? Please to me mi trade & i am tract for the acreage that can be handled in ample time to close the harvest before the fall rains set in, this being to the best interests of all parties concerned. KLING'S BOOZE HOIST Theodore Kling, the Santa Ana butcher who ran an astigmatic shoat on the side, was convicted of selling whisky and giving away beer by a Santa Ana court on Friday, and was fined $200 on the first charge and $100 on the second. Kling appeared in court as his own counsel, while City Attorney Heathman had the assistance of Judge Montgomery. Kling summoned no witnesses. He rested his case upon his own testimony that he purchased 12 bottles of beer daily, half of which he consumed himself and the rest he gave away. He was given until Tuesday morning in which to collect money wherewithal to pungle up. This he said he would procure from his friends, as he did not have it himself. WATER COMPANY Regular meeting of directors of the A. U. W. Co. Sept. 5th. The pumping plant committee reported the plant at Crowther's corner as running and pumping 160 inches from one well. Moved that in view of the present scarcity of water, the zanjeroes are hereby directed to serve the water from the pumping plant at Crowther corner, at night on the regular run in turn, unless it is taken by stockholders voluntarily. Carried. Moved that the president and secretary be authorized to issue the company's note for $4000 for money offered as a loan. Carried. A communication from J. N. Nenno Moved that in view of the present scarcity of water, the zanjeroes are hereby directed to serve the water from the pumping plant at Crowther corner, at night on the regular run in turn, unless it is taken by stockholders voluntarily. Carried. Moved that the president and secretary be authorized to issue the company's note for $4000 for money offered as a loan. Carried. A communication from J. N. Nenno called attention to the bad condition in which the old ditch adjoining his property has been left. He asked that the holes be filled and graded. On motion it was decided to furnish two teams for the said work ofr not to exceed six days, Mr. Nenno to be in charge of same but under our superintendent. Wm. Loftus asked and was granted an extension of six months under which to begin drilling for oil on the La Habra reservoir site. The water company will receive $2000 for the six months extension. A petition was received from H.W. Schultz asking that a cement gate be put in. The request was granted under the usual rule of hauling gravel, etc. Moved that the books of the company be closed against the transfer of stock until after the stockholders' meeting on Sept. 12th. Carried. Capt. Williams goes to Pittsburg on the 21st to attend the celebration of the 150th anniversary of the founding of that city. He will be absent several weeks. PLACENTIA Mrs. J. W. Newell accompanied her daughter east this week. Miss Newell goes to Northampton, Mass., to enter Smith's college. Before returning to her home Mrs. Newell will visit in Buffalo, N. Y. and in Indiana. Chas. Hansen left yesterday for his college work at Golden, Colo. Miss Christina Hansen, who has been visiting a few days at Watsonville, will join him and spend two months in Colorado. C. Paulsen and family returned from an outing trip in Humboldt county and report a pleasant visit. Invest of beets from one 160 acre of land farmed by the Land Company gives some results. The average was 10 acre and the average per sugar was 21 per cent, giving of $6.30 per ton or $63.00. This land was unirrigation the season was dry, yet results were brought about by cultivation. The cultivator continually running as long as the ram could get through the five or six times. These are particularly gratifying as considered that this land produced beets continually for twelve years. Daily averages for two riveries: Purity Sugar 86.28 21.40 86.10 21.81 86.33 21.85 86.42 21.61 86.71 21.26 86.03 20.88 86.10 20.86 85.98 20.37 85.48 20.58 86:21 20.07 86.35 20.36 86.06 20.01 Expected that this factory act for between 8,000 and 10,000 of beets for next sea-paign. From present indience will be a thousand to and acres more offered than last season. It is the company to only con- Chas. Hansen left yesterday for his college work at Golden, Colo. Miss Christina Hansen, who has been visiting a few days at Watsonville, will join him and spend two months in Colorado. C. Paulsen and family returned from an outing trip in Humboldt county and report a pleasant visit. Mr. Paulsen went to San Diego on Friday. A. H. Basten will build a new barn and later will purchase an auto. Amos Wright and wife spent Sunday with Mr. and Mrs. R. H. Gilman and family in Pasadena. Mr. and Mrs. Gilman and wife will leave in a few days for the east. Mr. Gilman has not been east before in 45 years. Lee O. Meyers has brought suit against Andrew Ipsen because the latter placed a fence and planted trees on five feet of a twelve-foot strip, which, it is claimed, is reserved for a roadway. Meyers claims he has been damaged $300 and asks the court to compel Ipsen to clear the roadway of obstructions. For Sale—One wine tank, about 800 gallons. Address A. Lorrecq, four miles northeast of Richfield station, near Yorba. Rev. Markle piloted a party of friends to the Sucker state picnic at Santiago canyon on Monday. Mr. Graham Moody of Los Angeles called on Mr. and Mrs. John M. Fix yesterday. "LOUDON'S" DRY GOODS STORE Sunset Phone 1061 East Center St., ANAHEIM SCHOOL DAYS Here Again - Get Ready New Fall Styles of the best quality of Ginghams, a big variety of colors... 12½¢ per yd. Children's dark colored Percale Aprons, neat patterns and well made; 50 cent kind at each... 35¢ Light and Dark Percales in a variety of patterns, all new at per yd... 10¢ Boys' Blue Cheviot Blouse well made and fast colors all sizes at each... 25¢ Standard Patterns Oct. Fashion Sheets now here Geo. Loudon & Co. 1-4 off on all Summer Suits and 1-4 off on all Summer Suits and Fancy Vests We are offering all our Summer Suits and White Fancy Vests at a discount of 25 per cent. With every $40.00 in checks you get one of our 20 Busy Bee Phonographs. Yungbluth & Kroeger Sunset 294 Home 1044 127 W. Center St Some Reasons Why THE BIRDSELL" is "The World's Best Wagon." Fully guaranteed We always make our Word Good extra long hounds, thus taking much weight off the reach.—Not spring double-trees taking all that jar off the horses' neck. Perfect sand band, keeping all the dirt and dust out and the noise in.—Extra heavy ironed.—Wood fully seasoned. Drop in let us show you the "pride of wagons." WICKERSHEIM IMPLEMENT COMPANY FULLERTON, CAL. New Job Faces Just Received Another consignment to follow in a few days Phone your Orders for Job Work to the GAZETTE Printing Establishment Artistic printers and artistic printing