anaheim-gazette 1913-01-30

SEPARATIST BOGIE BOBS UP, SCARES WATER MEN DR. CHAPMAN EXHIBITS CADAVER, INJECTS SERUM, WALTZES IT AROUND AFFRIGHTED IRRIGATORS STAMPEDING FLEE, AND VOTE TO ADJOURN Exhibiting more vitality than a year ago, when it was laid quietly to rest with funeral solemnity, the separatist bogie, galvanized into life temporarily by Dr. C. C. Chapman, was again interred at the annual water meeting on Saturday. There was little pomp and circumstance attending the burial, in fact, truth to say, instead of standing on a vote upon interment, the affrighted irrigators resolved to adjourn, leaving the spectre to arise and come back another day. Those opposing segregation were greatly in the majority, and on roll call would undoubtedly have decisively defeated the plan to form a new oil company. As the shades of night were falling, a roll call was ordained. board had enough stock to elect a majority of its members. J. W. Newell of Placentia had been mentioned as a separatist candidate for the board, and C. C. Chapman was also regarded as a possible entry in the race. After an exciting meeting and previous to a vote upon adjournment, Chapman arose and moved the unanimous re-election of the present board, which was carried amid enthusiasm and applause. This followed similar action on his part at the last annual meeting, when after standing as a candidate for a member of the board, he found that a large block of stock for which he held a proxy had been taken from him by Chairman Crowther. He threw the remainder of his stock to Sherwood, who up to that time was out of the race. Chapman then moved unanimous election of the old board of directors, which was carried without dissent. President Crowther called the meeting to order promptly at 10 o'clock in the morning. A call of the roll showed 6,480 shares represented in person or by proxy. During the afternoon many other shares came in, the total aggregating nearly 7,000 shares, being the largest representation at any recent meeting of the company. When Secretary Wallop had completed roll call which occupied an hour and a half of time, there were many additions by stockholders who had come in after the beginning of the call. These names were added to the list, and included stockholders in person. FAVORS FOR PROTECTIVE DISTRICT DECISIVE ACTION BOARD OF TRADING MONDAY E COMMITTEE APPROACHES NAMES AND MATTER TO SUCH Again showing the ing anything which w tactiveness of this pro members of the Board day evening's session proposition to form a district to raise funds of the Santa Ana Ri borhood of Olive and mittee to take the necessary property owners and position to the county visors. The matter of the control of the San been under discussion eral plans have been work. Members of t by Dr. C. C. Chapman, was again interred at the annual water meeting on Saturday. There was little pomp and circumstance attending the burial, in fact, truth to say, instead of standing on a vote upon interment, the affrighted irrigators resolved to adjourn, leaving the spectre to arise and come back another day. Those opposing segregation were greatly in the majority, and on roll call would undoubtedly have decisively defeated the plan to form a new oil company. As the shades of night were falling, a roll call was ordered on adjournment. It had proceeded but a short way when the separatists saw the stockholders present were eager to adjourn, and further proceedings were terminated by unanimous consent to adjournment. At this time a late night session was in prospect. Dr. Chapman had moved a resolution earlier in the afternoon providing for appointment of a committee to act with the directors of the company in investigating the advisability of separating oil from water stock. He spoke for upward of an hour in favor of his motion, and was easily the most potent intellectual force at the meeting. He had with him a number of stockholders who agreed with him in segregation. Thomas Strain moved after lengthy arguments upon the question, to lay the resolution upon the table. This was followed later by a motion by B. F. Porter to adjourn. On Chapman's motion for appointment of a committee to investigate the matter of segregation and to report at a subsequent meeting of stockholders a vive voce vote was called, which resulted in defeat of the motion, although a number of stockholders voted with Chapman for appointment of such committee. J. W. Newell called for a stock vote upon the motion, and thereupon Strain moved to lay upon the table. Following a discussion several stockholders moved to adjourn. It was decided by Judge Keech, attorney for the company, that stock votes should be taken upon every proposition before the meeting where a roll call was asked for. Inasmuch as a roll call would require more than two hours, the meeting had before it the prospect of a late night session. Finally the motion to adjourn, having precedence over the other motions, was called for. Roll call was proceeded with, when it was seen that the vote would undoubtedly be carried, Newell withdrew his demand for a roll call and the meeting stood adjourned. Hale demanded that roll call be proceeded with, but at the suggestion of Chapman, who admitted defeat, a further call of the roll was dispensed with. It has been known several weeks ago When Secretary Wallop had completed roll call which occupied an hour and a half of time, there were many additions by stockholders who had come in after the beginning of the call. These names were added to the list, and included stockholders in person and many proxies. Otto Des Granges arose and said: "You omitted the names of Josephine Des Granges, five shares, and O. Des Granges, five shares." Secretary Wallop: "Those shares are held by the First National Bank of Fullerton as pledge, and were called off to that institution." A committee on proxies was appointed as follows: Geo. S. Treher, Otto des Granges, W. F. Coulter, Jr., Arthur Staley and E. D. Lang. On a quorum being present, the report of the board of audit was taken up for consideration. The report was read by Secretary Wallop and was closely followed by two hundred shareholders present. The financial statement after being read was approved, and the auditing committee's recommendations then came up for consideration. Dr. Wickett, who represented C. C. Chapman at the morning session, called up the recommendation of the board of audit referring to difference in price of constructing 16-inch pipe lines. The cost ranged from 50 to 66 cents per foot. He asked for information regarding this difference in price and favored the auditing committee's suggestion that in future such work be let out by contract. Superintendent Porter made a very effectual reply, stating that the difference in cost was attributable largely to the character of ground in which excavations were made. In heavy ground in the northern parts of the districts cost of excavation was higher than in lighter formations elsewhere. Again, in unfavorable weather, he was at times compelled to cease operations, his force of employees being dismissed when it was impossible for them further to proceed. This, he claimed, was disadvantageous and added to the cost of the work. Other incidents occurred making it impossible to obtain a uniform cost in laying pipe lines. President Crowther stated that pipe lines laid by Porter were 25 per cent better than those laid by contractors. Also, in laying pipe lines from Richfield to the East Anaheim ditch, Por- of a late night session. Finally the motion to adjourn, having precedence over the other motions, was called for. Roll call was proceeded with, when it was seen that the vote would undoubtedly be carried, Newell withdrew his demand for a roll call and the meeting stood adjourned. Hale demanded that roll call be proceeded with, but at the suggestion of Chapman, who admitted defeat, a further call of the roll was dispensed with. It has been known several weeks ago that a vote upon segregation would be called for, and this outweighed the matter of selection of a new board of directors. Two weeks ago indications pointed to the fact that there might be no quorum at the meeting, but as the annual session drew nigh, proxies were gathered, and the result was probably the largest representation of stock in the history of the company. President Crowther had in his inside pocket proxies to more than 900 shares of stock. J. J. Dwyer had more than enough stock to land him a winner in event of a fight upon a new directorate. Ralph McFadden was plentifully supplied as was also E. E. Beazley. Directors Hale, Bradford and Sherwood had no proxies. The latter needed none, for being the separatist representative upon the board he had the call upon several large blocks of stock which favored segregation, and which would inevitably have been thrown to him in event of a contest. Joe Wagner had a bunch of stock backing Hale. Gus Stern had proxies for Jacob Stern's stock as well as that of the Janss Investment Company. These favored segregation and would, in event of a contest, be cast in favor of a new member of the board favoring segregation. As proxies footed up the old times compelled to cease operations, his force of employees being dismissed when it was impossible for them further to proceed. This, he claimed, was disadvantageous and added to the cost of the work. Other incidents occurred making it impossible to obtain a uniform cost in laying pipe lines. President Crowther stated that pipe lines laid by Porter were 25 per cent better than those laid by contractors. Also, in laying pipe lines from Richfield to the East Anaheim ditch, Porter's figures showed a saving to the company of $12,000 as compared with figures of the lowest contractors. Dr. Wickett abandoned his desire for a change in the method of laying these pipe lines. The board of audit's suggestion that salaries of directors be raised from $2 per day to $5 was nullified on suggestion of Judge Keech that such action could only follow a change in the company's by-laws. The recommendation for appointment of a general manager for the company was after discussion referred to the board of directors to take such action as they might deem best for the interests of the company. The salary of the secretary was ordered raised $100 per year by unanimous consent, following recommendation of the auditing committee. The matter of charging irrigators in advance for water delivered to them was passed up to the new board of directors. Following disposition of the board of audit's report, E. I. Ames of Pasadena, who last year vigorously opposed segregation of oil from water stock, arose and asked for an expression of opinion upon this subject. C. C. Chapman immediately arose (Continued on page 3) AHEIM GAZETE ANAHEIM CALIFORNIA: THURSDAY JANUARY 30, 1913 FAVORS FORMING PROTECTION DISTRICT DECISIVE ACTION TAKEN BY BOARD OF TRADE AT SESSION MONDAY EVENING COMMITTEE APPOINTED TO SECURE NAMES AND PRESENT MATTER TO SUPERVISORS Again showing themselves as favoring anything which will add to the attractiveness of this part of the county, members of the Board of Trade at Monday evening's session endorsed the proposition to form a river protection district to raise funds for the control of the Santa Ana River in the neighborhood of Olive and appointed a committee to take the matter up and secure the necessary signatures of ten property owners and present the proposition to the county board of supervisors. The matter of taking steps for the control of the Santa Ana River has been under discussion of late, and several plans have been presented for the work. Members of the board of trade fact that it takes four-fifths of the dissenting vote of the land owners in the proposed district to prevent its being formed. On motion of Ahlborn, a committee of five was appointed to take the matter up, secure the necessary signatures and present the proposition before the county board of supervisors. The men appointed on this committee are V. U. Simpson, H. G. Ames, G. L. Dietrich, A. A. Mills and E. A. Day. The committee appointed at the last meeting to take up the matter of an exhibit at the orange show at San Bernardino reported that some progress had been made but that Mills and Egyabroad had been either sick or busy and had not been able to give the matter adequate attention. W. J. Elliott, as representing the real estate interests of the city, was added to the committee. The necessary $150 for the exhibit will probably be soon forthcoming and will provide this district with an adequate exhibit at the national orange show. The money will be raised from merchants in the city and orange growers in this vicinity. Chairman Duckworth, of the Golden State road committee, reported that he, in company of several citizens of Anaheim and Supervisor Schumacher, went over the ground with a committee of ranchers in the Golden State tract on Monday of last week, and that indications are good for the early opening of the road. He said the road was in very bad condition. To make it a public road some rights of way will have BONDHOLDERS UP FOR ANOTHER SHEARING ASKED NOT TO PRESENT COUPONS FOR SEMI-ANNUAL INTEREST DUE SATURDAY CONFUSION WORSE CONFOUNDED IN AFFAIRS OF HIGH SOUNDING CORPORATION That internal affairs of the National Home & Town Builders' Company of Los Angeles, are in a beautifully tangled mess is indicated by receipt of a letter by bondholders asking that they refrain from presenting coupons for payment of semi-annual interest which falls due on Saturday. Bonds of this company to the extent of $60,000 are held by investors in this county, and half yearly interest of 3½ per cent was expected to be paid on the first of February. This payment will not be made and when it is considered that stock has depreciated 50 per cent, it will be seen that holders of these securities are in no pleasant state of mind. proposition to form a river protection district to raise funds for the control of the Santa Ana River in the neighborhood of Olive and appointed a committee to take the matter up and secure the necessary signatures of ten property owners and present the proposition to the county board of supervisors. The matter of taking steps for the control of the Santa Ana River has been under discussion of late, and several plans have been presented for the work. Members of the board of trade to the number of 35 Monday evening expressed themselves as in favor of forming the district, and the matter appears to be on the high road to completion. When necessary steps are taken for the control of the meanders of the river, the $00-foot concrete bridge, for the building of which the supervisors have $45,000 in the county treasury, will be erected. It is an assured fact that the money will not be touche for this purpose until steps are taken for the control of the river. The present bridge is 1,600 feet in length, but the structure will be shortened and the new one will be only 800 feet long. B. W. Fletcher brought the matter up at the meeting by asking if it were necessary to place pilings for a distance of two miles above the bridge. He said that he had not taken any grades, but it did not seem to him that it would be necessary to carry the work up so far. To this Geo. L. Dietrich replied that he had gone over the ground with H. Clay Kellogg and that the pilings would have to be put in as far up the river as the railroad bridge north of Olive, making a total distance of almost two miles. He said there are two danger points in the river below the railroad bridge, and the pilings would have to extend as far north as that point to afford adequate protection. In regard to the matter of the boundaries of the district, A. A. Mills reported that he had gone over the map of the proposed district which efforts were made to form several years ago and the boundaries as proposed by the Finley survey extended along the foot hills westward, taking in almost all of Fullerton and extending down to the ocean. On the other side the boundary followed the eastern bank of the river to the intersection with the boundary of the Newbert protection district, and thence down to the ocean. The land included in these boundaries, he said, was subject to the overflow of the river, and so could be assessed for the control of the river. Instead of taking in only the district north of the Olive bridge, Mills said the district should be extended to include the six Chairman Duckworth, of the Golden State road committee, reported that he, in company of several citizens of Anaheim and Supervisor Schumacher, went over the ground with a committee of ranchers in the Golden State tract on Monday of last week, and that indications are good for the early opening of the road. He said the road was in very bad condition. To make it a public road some rights of way will have to be secured, and this, he said, he thought could be done by condemning one strip of land. The $400 necessary for securing the complete right of way he said would be raised by ranchers in the neighborhood. They had also agreed to grade the road if the supervisors would oil it. Supervisor Schumacher advised the two committees that the supervisors would do all in their power to help get the road and that if the ranchers did their part of the work, the county would do its part also. Mr. Fletcher next brought up the matter of road improvement, and said with that the $50 spent on East Center street at the intersection of Placentia road recently, there was about 30 cents worth of good done, and that this would all be blown away when the winds come. When asked what they were doing the work for, he said, men on the job say they know they are not doing any good but are sent there and have nothing to say about the matter. It is time, he said, for somebody to put a bug in the supervisor's ear and have him make road improvements that will be permanent. Mr. Duckworth said that a committee of two men in the district had been appointed to inspect the roads and report on the ones that needed improvement the worst. These men will soon get busy and needed improvements may be looked for shortly. The funds available are only $5,000 at present though, and this will not go far toward building good roads. The recent county good roads bond issue will furnish money for the improvement of the main roads of the county, and this road to Olive, it is understood, will be one of those so improved. It is the present plan of the supervisors to spend as little money on temporary improvements on these roads as possible, and put the money where the good roads will not reach. W. J. Elliott said that he and his neighbors on East Center street would rather have the road left as it was than to have the work done on it which was done recently. Mr. Dietrich said that as long as six, seven and eight tons are loaded on a wagon, beet wag- at orange snow. The money will be raised from merchants in the city and orange growers in this vicinity. Chairman Duckworth, of the Golden State road committee, reported that he, in company of several citizens of Anaheim and Supervisor Schumacher, went over the ground with a committee of ranchers in the Golden State tract on Monday of last week, and that indications are good for the early opening of the road. He said the road was in very bad condition. To make it a public road some rights of way will have to be secured, and this, he said, he thought could be done by condemning one strip of land. The $400 necessary for securing the complete right of way he said would be raised by ranchers in the neighborhood. They had also agreed to grade the road if the supervisors would oil it. Supervisor Schumacher advised the two committees that the supervisors would do all in their power to help get the road and that if the ranchers did their part of the work, the county would do its part also. Mr. Fletcher next brought up the matter of road improvement, and said with that the $50 spent on East Center street at the intersection of Placentia road recently, there was about 30 cents worth of good done, and that this would all be blown away when the winds come. When asked what they were doing the work for, he said, men on the job say they know they are not doing any good but are sent there and have nothing to say about the matter. It is time, he said, for somebody to put a bug in the supervisor's ear and have him make road improvements that will be permanent. Mr. Duckworth said that a committee of two men in the district had been appointed to inspect the roads and report on the ones that needed improvement the worst. These men will soon get busy and needed improvements may be looked for shortly. The funds available are only $5,000 at present though, and this will not go far toward building good roads. The recent county good roads bond issue will furnish money for the improvement of the main roads of the county, and this road to Olive, it is understood, will be one of those so improved. It is present plan of the supervisors to spend as little money on temporary improvements on these roads as possible, and putthe money wherethegoodroadswillnotreach. W.J.ElliottsaidthatheandhisneighborsonEastCenterstreetwouldratherhavetheroadleftasitwasthantohavetheworkdoneonitwhichwasdonerecently.Mr.Dietrichsaidthataslongasixsevenandtentonsareloadedonawagonbeetwag- atorange雪水.Themoneywillberaisedfrommerchantsinthecityandorangegrowersinthisvicinity. Chairman Duckworth,oftheGoldenStateroadcommittee，reportedthatheincompanyofseveralcitizensofAnaheimandSupervisorSchumacherwentoverthegroundwithacommitteeofranchersintheGoldenStatetractontuesdayoflastweek,andthatindicationsaregoodfortheearlyopeningoftheroad.Hesaidtheroadwassinverybadcondition.Tomakeitabpublicroadsomerightsofwaywillhavetobesecured,andthis,thesiddheoughtcouldbebasedbycondemnningonestripofland.The$400necessaryforsecuringthecompleterightofwayhesaidwouldbearaisedbyranchersintheneighborhood.Theyhadalsoagreedtogradetheroadifthesupervisorswouldollit.SupervisorSchumacheradvisedthetwocommitteesthatthesupervisorswoulddoallin theirpowertohelpgettheroadandthatiftheranchersdidtheirpartofthework,thecountywoulddoitspartalso. Mr.Fletchernextbroughtupthematterofroadimprovement,andsaidwiththatthe$50spentonEastCentrestreetattheintersectionofPlacentiaroadreallytherewasabout30centsworthofgooddone,andthatthiswouldallbeblownawaywhenthewindscomeWhenaskedwhattheyweredoingtheworkfor,thesaid,themenonthejobsaytheyknowtheyarenotdoinganygoodbutaresentthereandhavenothingtosayaboutthemtertItistime,hestpartlybecauseofadesiretostayageneralofferingofstockforsale,andinviewofthatfactwasagreedtobyshareholders.Ittnowappearthataffairsofthetownbuilders'companyweresofoundtobewhichtbutright.Wilie Orangecountyinvestorspaidparfortheirstockitwasdiscoveredthatmorethan300,000sharesoftownbuilders'stockwasoutstanding,forknitnotadollarhadbeenpaid.Ofthislargeamount,twoformerdirectorsofthetownbuilders'companyheldoptions,soitissaid,pupon110,000shareseach,forkwhichtheyhadpaidnothing.Fourdummydirectorssittingupontheboardheldbetween themmorethan100,000sharesofstockforswitchnotadollarhadbeenpaidThisprettymessoffrenziedfinancewashow，shortlyclearedupwhenthe100,000sharesofstockheldbythedummydirectorswasvoluntarilyreturnedtothetreasuryofcompany.Aboutthistimeoneofthetwodirectorsfirstmentionedsurrenderedhis110,000sharesofstock,andwaspaidasmallamounttherefor.Theremainingblockof110,000sharesisstilloutstandingandwillprobablyprovethevirtualdestructionofthecompany. Thispurifyingofthecompany'sfrenziedfinancialconditionwasmadepossiblebyadmissionsofoneofthefirstnameddirectorswhoengagedtheotherfellowinaroughandtumblefightinthedirectors'roominLosAngeles。它wascaseoffrenzledpromotersfallingoutandhonestmencomingbythedue. AmeetingofbondholderswasheldinLosAngelesrecentlyandwhentheunsavoryconditionofthecompany'saffairswaslearned它wasvotedtoaproceedforcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionalbuildinggainwhattreasure.Apointedfordcentwasmuldowntheworldwereoustreatersgivenwantattionali建筑的边界了 eastern bank of river to intersection with boundary of Newbert protection district，and thence down to ocean.The land included in these boundaries，he said，was subject to overflow of river，and so could be assessed for control of river.Insteadof takinginonlydistrictnorthoftheOlivebridge,Millssaidthe districtshouldbeextendedtoincludethesix ThebelowarefreelyexaminedfromthedocumentfortheboundariesofthedistricttoraisefundsforthecontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontroloftheSantaAnnaRiverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriverasthemainrivertotheintersectionwiththeboundaryoftheNewbertprotectiondistrict,andthencedowntotheoceanThelandincludedin theseboundaries，hesaid，wassubjecttooverflowoftheriver，andsocouldbeassessedforcontrolofthesantaanna riverinthenewburycountyTheAmahaportoftheFolleybridgeNorthOfOlivemakingatotaldistanceofalmostmilesabovethefoothillswestwardtakinginasfarupotheriveras-themainriverto-theintersectionwith-theboundary-of-the-new-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of-the-old-burial-zone-and-thence-down-to-the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean-the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean.the-land-included-in-the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean.the-land-included-in_the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean.the-land-included-in_the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean.the-land-included-in_the-second-borough-of_the-old-burial-zone-and-thence-down-to_the-ocean.the-land-included-in_the-second-borough-of_theOld-Burbial-Zone-and-thence-down-to_the-ocean.the-land-included-in_the-second-borough-of_the Old-Burbial-Zone-and-thence-down-to_the-ocean.the_land_included_in_the_second_borough_of_the Old-Burbial-Zone_and_thence_down_to_the_ocean.the_land_included_in_the_second_borough_of_the Old-Burbial-Zone_and_thence_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thence_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thence_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thence_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_to_the_ocean.the_land_included_in_the_second_bruchial-Zone_and_thice_down_toTHE_OCCUPATION OF THE COMPANY'S FRENZED FINANCE CONDITION WAS MADE POSSIBLE BY ADMISSION OF ONE OF THE FIRST NAMED DIRECTORS WHO ENGAGED THE OTHER FOLLOWING IN A Rough AND Tumble FIGHT IN THE DIRECTORS' ROOM IN Los Angeles. It was a case of frenzled promoters falling out and honest men coming by their due. A meeting of bondholders was held in Los Angeles recently and when unsavvy condition of company's affairs was learned it apologized to receipt of letter by bondholders asking they refrain from presenting coupons for payment of semi-anual interest which falls due on Saturday.Bonds of this company to die at $60,000 are held by investors in this county,and half yearly interest of 3% per cent was expected to be paid on their account bearing 7 per cent interest in lieu of their stock.Bonds were due partly because of a desire to stay a general offering of stock for sale,and in view of that fact was agreed to by shareholders. It now appears that affairs of this company's frenzled financial condition was made possible by admissions of one of its first named directors who engaged their other fellow in a rough and tumble fight in their directors' room in Los Angeles. It was a case of frenzled promoters falling out and honest men coming by their due. A meeting of bondholders was held in Los Angeles recently and when unsavvy condition of company's affairs was learned it apologized to receipt of letter by bondholders asking they refrain from presenting coupons for payment of semi-anual interest which falls due on Saturday.Bonds were due partly because of a desire to stay a general offering of stock for sale,and in view of that fact was agreed to by bondholders. It now appears that affairs of this company's frenzled financial condition was made possible by admissions of one of its first named directors who engaged their other fellow in a rough and tumble fight in their directors' room in Los Angeles. It was a case of frenzled promoters falling out and honest men coming by their due. A meeting of bondholders was held in Los Angeles recently and when unsavvy condition of company's affairs was learned it apologized to receipt of letter by bondholders asking they refrain from presenting coupons for payment of semi-anual interest which falls due on Saturday.Bonds were due partly because of a desire to stay a general offering of stock for sale,and in view of that fact was agreed to by bondholders. It now appears that affairs of this company's frenz foot miles westward, taking in almost all of Fullerton and extending down to the ocean. On the other side the boundary followed the eastern bank of the river to the intersection with the boundary of the Newbert protection district, and thence down to the ocean. The land included in these boundaries, he said, was subject to the overflow of the river, and so could be assessed for the control of the river. Instead of taking in only the district north of the Olive bridge, Mills said the district should be extended to include the six miles south of the bridge extending to the Newbert protection district. In this way a much larger territory will be obtained for taxation. The estimated cost of doing the work on the river is $150,000, and this could be raised, he said, at the rate of $60,000 a year, by an assessment of 5 mills, or $5 per $1,000 assessed valuation. Secretary Ahlborn then called attention to a new law, which has been passed since the agitation for the forming of a district three years ago, the text of which is that instead of there having to be an election called for the forming of a protection district, a petition signed by only ten land owners in the proposed district may be gotten up and presented to the board of supervisors of the county and they can then form the district, after first publishing notice of intention of so doing and setting a time for hearing any objections thereto. They may either uphold or overrule any objections and use their discretion toward the forming of the district. W. N. Simmons, a rancher living south of town, said a few words on the subject, and advised that the work be undertaken at once. In regard to the matter of a joker in the law, brought up by Mills, Mr. Simmons said the only joker existed from the This purifying of the company's frenzied financial condition was made possible by admissions of one of the first named directors who engaged the other fellow in a rough and tumble fight in the directors' room in Los Angeles. It was a case of frenzied promoters falling out and honest men coming by their due. A meeting of bondholders was held in Los Angeles recently and when the unsavory condition of the company's affairs was learned, it was voted to appoint a committee for the purpose of devising ways and means for liquidating the company. At this meeting it was also voted to ask bondholders not to present coupons for payment of semi-annual interest. The following letter was in consequence mailed them: "Los Angeles, Cal., Jan. 23, 1913. "To the Bondholders of National Home & Town Builders. "Gentlemen: You are advised that at a meeting of the bondholders, held on January 16, 1913, with $37,000 worth of outstanding bonds represented, the following resolution was passed: "'It was moved by Mr. H. H. Hale, seconded by Mr. A. L. Deering, that the secretary be directed to request the bondholders to refrain from presenting their coupons for the payment of the semi-annual interest which becomes due on February 1, 1913, until given further notice by the secretary, or the committee, as above appointed." "Each of you will be governed accordingly and the committee will notify you later what has been done in the premises. We are doing this because the adjustment of several matters concerning the welfare of the bondholders." ZETTE JULY 30, 1913 NUMBER 15 BUILDERSUP NOTHER RING PRESENT COUANNUAL INTERSATURDAY USE CONFOUNDED IN HIGH BOUND. ORATION Mrs of the National builders' Company of a beautifully tanned by receipt of a wors asking that they anting coupons for annual interest which day. Bonds of this cent of $60,000 are in this county, and of 3½ per cent was on the first of Febt will not be made considered that stock per cent, it will be of these securities state of mind. is pending, and we will have same disposed of in a few days. "Yours very truly, "THOS. L. McFADDEN, "Chairman Bondholders' Organization. "JOSEPH P. SMITH, Secretary." When Orange county investment holdings were turned over to the town builders' company there was $15,000 in the treasury of the local concern. This, is appears, has dwindled down to the vanishing point. It is said that $7,000 was expended for advertising in Los Angeles Sunday newspapers for sale of a tract of the company's lands. This amount is particularly excessive, and in support of the fact that this advertising was valueless, the statement is made that not a single dollars' worth of land was sold. Local bondholders declare this action of the board of directors was uncalled for extravagance. Peculiar methods of the promoters of the Orange County Investment Company are coming to light daily. P. Gildea, who lives on North street, paid $3,000 in gold coin for stock in the investment company, and later found that $390 had been taken from the amount, presumably for commissions. Other similar facts are reported by stockholders, and altogether the two companies seem to be of a kind as regards frenized finance. Bondholders declare the administration of the town builders' company has been extravagant, and they are anxious to know what has become of the money in the ground for the Young Men's Christian Association building in Anaheim was broken last week and the foundation has been laid. Work upon the structure will be rushed and it will probably be completed the latter part of February. The structure will cost about $2,000 and will be of the general character of Y. M. C. A. buildings in use throughout the county. It will consist of a main auditorium, several class rooms, a kitchen, locker rooms and shower baths. Building material is wood with concrete foundation. J. S. Hilend, the contractor in charge of the work, who was the successful bidder with the lowest bid of $1,863, SUCCESSFUL IN RAISING THE MONEY YOUNG MEN'S CHRISTIAN ASSOCIATION RECEIVES PLEDGES AMOUNTING TO $1,035 TWO-DAY CANVASS PROVES OF BENEFIT TOWARD ERECTION OF NEW BUILDING Ground for the Young Men's Christian Association building in Anaheim was broken last week and the foundation has been laid. Work upon the structure will be rushed and it will probably be completed the latter part of February. The structure will cost about $2,000 and will be of the general character of Y. M. C. A. buildings in use throughout the county. It will consist of a main auditorium, several class rooms, a kitchen, locker rooms and shower baths. Building material is wood with concrete foundation. J. S. Hilend, the contractor in charge of the work, who was the successful bidder with the lowest bid of $1,863, ENTERTAINMENT BY GRAMMAR SCHOOLS Students to Appear in Musical Program at Fremont Next Week The Parent Teachers' Association of Anaheim ask your assistance and support on Tuesday evening of next week, February 4th. The occasion is an entertainment given by the pupils of the grammar school assisted by the Victor. The purpose is to purchase the Victor for the schools. They recognize the fact that the best music may be obtained by using the talking machine and that many of our pupils do not get good music in any other way. The machine will also take the place of and fill the needs better than a piano for the lower grades. The program is made us as given below. The two orchestra numbers are from the grammar school orchestra. Structure will be rushed and it will probably be completed the latter part of February. The structure will cost about $2,000 and will be of the general character of Y. M. C. A. buildings in use throughout the county. It will consist of a main auditorium, several class rooms, a kitchen, locker rooms and shower baths. Building material is wood with concrete foundation. J. S. Hilend, the contractor in charge of the work, who was the successful bidder with the lowest bid of $1,863, among a bunch of eight bidders, has a force of men at work on the building and every effort will be made to get it finished at the earliest possible moment. The building is situated on the association's two lots on South Philadelphia street, and faces toward the east. The rest of the ground will be devoted to an outdoor gymnasium, where such games as basket ball, quoits, and other athletic games may be played. Here also will probably be places for the use of the boy scouts to carry on their activities, such as building fires, camp cookery, tent pitching, signalling, etc. The association raised about $1,000 several months ago for the erection of the building and other uses of the local association. Part of this money had been used for the county work and some more used to pay off old debts, and the association recently found itself in possession of only about a thousand dollars for erection of the building. It was decided to go ahead and raise the necessary money for the building and proceed immediately on its construction. This was done and a two-day campaign inaugurated. The attempt was to raise at least $1,000 and as much more as was possible, for there are many things needed toward the furnishing of the building, and it was desired to raise as much as possible. The campaign workers were organized and on Monday and Tuesday of last week went to work. Those taking part in the work of raising money were Chas. Eygabroad, Wm. McLaughlin, A. A. Mills, L. O. Culp, H. P. C. Lent, C. A. Worseley, Walter Ross, Raymond Elliott and E. S. Goble. Under the direction of the county Y. M. C. A. secretary, Robert J. Hamilton, these men canvassed the whole city and surrounding sections and succeeded in raising the sum of $1,035 toward the building fund. All persons interested in the welfare of the young men will be glad to learn of the result, for with the completion of the Y. M. C. A. building there will be opened to the young men of the city a place open day and night for wholesome recreation where all sorts of athletic tertainment given by the pupils of the grammar school assisted by the Victor. The purpose is to purchase the Victor for the schools. They recognize the fact that the best music may be obtained by using the talking machine and that many of our pupils do not get good music in any other way. The machine will also take the place of and fill the needs better than a piano for the lower grades. The program is made us as given below. The two orchestra numbers are from the grammar school orchestra and this occasion will be their first appearance in public. Some of the members of the orchestra are fourth graders. The program is subject to change. Orchestra— (a) March. (b) Serenade ... Smiling Stars Wand Drill ... Fourth Grade Music by the Victor Chorus,... Good Night, Beloved Eighth Grade Girls Drill and Song... Third Grade Music by the Victor Russian National Hymn... Sixth and Seventh Grades Music by the Orchestra Folk Dance, Highland Fling... Fifth Grade Music by the Victor Orchestra... Twilight Schottische Admission will be 10 cents for pupils of the schools and 20 cents for adults. The regular meeting of the Parent Teachers' Association will be held in the Fremont building at 3:30 in the afternoon, and the entertainment 'will be held that evening. Auditor Lester has footed up the bills put in for conducting the work of the grand jury this year. The total is $1,976, against $1,530.90 for the year previous. Ross, Raymond Elliott and E. S. Goble. Under the direction of the county Y. M. C. A. secretary, Robert J. Hamilton, these men canvassed the whole city and surrounding sections and succeeded in raising the sum of $1,035 toward the building fund. All persons interested in the welfare of the young men will be glad to learn of the result, for with the completion of the Y. M. C. A. building there will be opened to the young men of the city a place open day and night for wholesome recreation where all sorts of athletic games may be played, and outdoor exercise indulged in. Work upon the building was immediately started and the foundation has been laid and work upon the upper works of the structure will be undertaken at once. Swimming Pool It has been rumored for some time that a swimming pool would be part of the equipment of the grounds of the local association, and much talk has been going the rounds in regard to it. At one time the boys understood that a swimming pool would be put in if they would secure a membership of 100 young men and boys at once. A campaign was started and about 140 new members secured. The matter has been hanging fire ever since that time and much has been heard from the boys about the pool. To set these troubled minds at rest, we will state that a campaign for raising enough money to put the pool in will be started shortly, probably next Saturday, and it is hoped enough will be raised to assure the completion of the pool by the time the building is finished. The cost will be in the neighborhood of $450 for a concrete pool, 20x60 feet and varying in depth from 3 feet at (Continued on page 4)