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2 THE TAX RATE. The Finance Committee Reports to the Council. A Rate of One Dollar and Twenty Cents Recommended^ The Citizens Water Company's Open Ditch Considered. Yesterday's Meeting of the Council—Sev eral Important Matters Acted Upon —The Tax Levy and Board of Education. At ten o'clock yesterday morning, the city council met in regular session, President Frankenfield and all the mem bers, with the exception of Mr. Brown, present. After the usual preliminary business had been disposed of, City Clerk Teed submitted the corrected assessment roll in seven volumes. He reported that all the proceedings of the board of equalization had been conducted strictly according to law, and he stated that the total footings showed that the levy for tax for municipal purposes would have to be (1.20. The matter was referred to the finance committee. The reports of the street superinten dent, board of education and zanja com mittee having been read and adopted, that of the board of health was taken up. Health Officer McGowan read the reso lutions of the board of health condemn ing the water, and Mr. J. T. Sheward exhibited a pickle jar filled with a fluid which had been dipped from the ditch. Mr. Sheward spoke very earnestly of the grievances of the people thus afflicted. The physicians had stated that this so-called water was breeding both mala ria and diphtheria. Mr. C. M. Wells also protested and said the supply ought to be cut oif if a pestilence was to be averted. The subject was finally made the special order for 2 o'clock, p. m. The report of the committee on fire and water was read and adopted, and that of the city auditor on the condition of the city's funds for the week ending August 23d, was referred to the finance committee. The draft of an ordinance revoking franchises granted the Olive street rail way, I. W. Hellman and the City Kail way company, was read, and on motion of Major Bonsall the same was adopted, as was also that amending ordinance No. 739, granting to H. C. Witmer a franchise to construct a cable street rail way, which was approved on the 7th instant. Mrs. Ransome appeared before the council and asked for an appropriation in aid of the Ransome Home. Her re quest was ordered referred to the police commissioners and the city attorney. The following report of the finance committee was then presented and read: Your finance committee beg leave to make the following report: First—ln the matter of the assessment rolls and tax levy for the present fiscal year we find the total footing of the assessment rolls as fin ally computed by the city clerk, niter entering thereon all changes made by the board of equalization to be (48,080,416* included in this amount is tbe sum uf $918, -000, which is the aggregate amount of a.ses-i --ments placed upon the assessment rolls by the board of equalization at the suggestion of the city attroney, against the several banks of the city. Inasmuch as a writ of review has issued by the superior court in these bank matters, which require us to desist from further pro ceedings, pending the settlement of these mat ters ill dispute; and presuming that th s qu s tion will be taken to the highest courts to de cide, thus closing this source of revenue for the present at least, and deeming it prudent policy to avoid computing a tax levy on any assessment the collection of which is a matter of some uncertanity we have subtracted the Bum of 1918,0X10 from the total assessment, thus giving us H,102,410 as a basis of calculation, in the event of the courts deciding that the said assessment against the banks wai legally and properly made the iunds of the city will be increased to the amount of $11,100 or there abouts. Should the funds lie the other way the funds would suffer no abatement, as would be the case should this assessment be considered when making the calculation for the levy. The charter limits the tax for all municipal purposes, except for the payment of the interest and sinking funds, to 91. In addition to this a general state law grants to the municipal authority power to levy in excess of the dollar limit, a sum sufficient for the care and preserva tion of the public parks . Considering the somewhat depressed condi tion of the times and the gen-rally expressed desire that the utmost ezonomy should be prac ticed in the levying of municipal as well as other taxes, your committee did not deem it advisable to recommend that you levy this extra amount for the parks, although they recognize the great value of the parks and believe that money of the municipality invested in this direction, if wisely expended, to beof the highest benefit to the taxpayer. For all municipal purposes the limit oi $1 has therefore been adopted. The rate of taxation last year was $1.10. For this year we recommend It be $1.20, ,ls per statement hereinafter set forth, the increase being due simply to the increased bonded in deoledness of the city. The act of the legis lature, under authority of which the school im provement and internal sewer system bonds were voted by the people and issued, require that in addition to the interest being paid one twentieth of the entire issue of the Bonds shall be paid each year, thus making the interest and the called-in-bonds equal for the first year, in this case amounting to $57,400. This provision of law is without doubt a wise one, but it has the tendency to Increase the burden of taxation. The city auditor has presented to this council a detailed statement of the financial condition of the city at the end of the fiscal year of 1880 --90, and therein presented ajtable of amounts re quired for the fiscal year 1890-91, basing the same upon the amounts expended in the year before and upon the estimates of the several boards which have been filed with him as re quired by law. Kut we maintain that the ex penditures of the past year can be reduced. Already contract) to do the street sweeping and street sprinkling at almost one-half of the for mer prices have been entered into, and it is be lieved that the streets can be lighted at greatly reduced figures, the present contract expiring with this year. Unless the unexampled scenes of last winter be repeated, whereby the streets were placed in a condition which requires the expenditure of large amounts of money to put them in proper condition, we are of the opinion that expenditutes can be cut down all along the line. During the present year salaries have been reduced in a number of instances and a large saving brought about, which lias enabled the council on several occasions to assist the various funds by a transfer of them from the salary fund, which contained a surplus. For this reason we have reduced the amount to be raised to about $">50,000, being a deduction from the auditor's estimate of about $100,000. A comparative statement is herewith set forth, containing a proposed levy or rate per cent, and we recommend its adoption. t Audi tor's esti- Cents Will mates; on pro amount. $100. duce. Interest and sinking , fund, 1879 $ 4,707.26 1.11 $4-710 Main sewer, interest andsinkf und,'77 990. Iti .21 1,017 Irrig. imp. int and sink'g fund, 1877 .1,450.90 .35 1,485 Gen. irrig., int. and sinking fund, '78. 2,406.:t0 .58 2,401 Bond fund, 1881 4,000.00 .9(i 4,074 Gen. imp. bond fund 50,071.00 3.25 13,708 Public school imp., tern and sink fund 20,000.00 4.71 19,991 Interior sewer sys int, interest and sinking fund. ... 37,400.00 «.25 37435 Cash fund 257,026.49 45.30 12.013 Fire dept. fund ... 07,699.24 12.40 58.490 Stegt sprinkling Gas fund '. 64,249 43 11.30 53,292 General sewer fund 1,359.50 ,3o 1,414 tuni OU 78,847.2« 15.00 70,753 Library fund 28,017,05 4.50 21,222 pIS* fund ..... «2,961 .22 JW,(i5T> 120.00 556,495 President Frankenfield and Major Bon sall objected to the amount allowed the to school board, and the former strongly advocated the rednction of the salaries of the teachers. After some discussion, the matter was made a special order for two o'clock p. m. and the council took a recess until that hour for lunch. Afternoon Session. On reconvening at two o'clock, the city attorney announced that he was not yet ready to report on the matter of the Citizens' Water company, which had been made a special order for that hour, whereupon the report of the board of public works, as already pub lished in the Herald, was taken up and adopted ; and the accompanying ordi nances passed. The report of the finance committee, which had been made a special order for 2:30 o'clock, was then taken up, and Mr. Shafer at once moved its adoption. Major Bonsall thought that there ought to be some change with refer rence fb the school board allowance. He found that according to the list of salaries paid to the teachers, they were being paid more than was the case three or four years ago, and in view of the hard times, and scarcity of money, he really thought it was a duty they owed to "the tax payers to cut down this allowance. This was the last chance the council had to say anything, as the tax levy was going in today, and the amount ought to be reduced. President Frankenfield fully concurred in Major Bonsall's remarks, and thought it was the duty of the council to reduce the allowance. They had no power to reduce the salaries, but they could so arrange matters that the school board would be compelled to do so. Mr. Hamilton rose to defend the motion to adopt. He said that the finance committee had very carefully considered all the funds of the various departments of the city government and had investigated the matter of the pub lic schools along with the rest. It may be true that high salaries are paid, but they were not higher than those of other cities in the state. For instance, the average yearly salary in San Francisco was (005; in San Jose, (025; in Oak land, (1,016; and in Los Angeles, (828. Even if the council had the power to reduce these salaries it would be unwise for them to do so, as such a course would drive their best teachers to other cities, where salaries were higher, It would, therefore be against the interest of the tax payers to cut down the allowance of the board of education. Mr. Summerland agreed with Major Bonsall, and compared the salaries paid to the teachers with those paid to the police and firemen, and Mr. Winching followed suit. Mr. Shafer, however, said that these school teachers had a large amount of capital invested, a fact Which had been lost sight of. He himself had been a school teacher for twenty years and knew all about it. Major Bonsall moved to amend tho report by reducing the allowance of the board by (20,000, stating that the board got a liberal allowance from the state in any event. Mr. Van Dusen said that the state appropriation was only $42,000, and if it was not for that thier board would be nnable to act at all. On the roll being called, the amend ment was lost on a tie vote, Messrs Hamilton, McLain, Shafer and Van Dusen voting negatively; the orignal motion met with a like fate, the four gentlemennamed voting for and the rest against it. The matter was again discussed at some length, and finally it was suggest-, ed by Maj. Bonsall that a conference committe be appointed with the school, board to report at the next meeting whereupon Mr. Van Dusen called for the opinion of the city attorney as to the le gality of postponing action on the mat ter of the levy. That official said that it would be better to dispose of it today, whereupon after a breezy discussion, the matter was disposed of on motion of Maj. Bonsall by transfering the sum of (20,000 from the allowance of the school board to the cash fund. The report of the finance committee as amended was then adopted and a numberof approved in accordence with the recomendations of that committee. The water question was then brought up and the following report of the city ■ attorney was presented and read. j To the Honorable Council of Los Angeles City. Gentlemen: I have investigated the question as to what Heps can be tauen to compel the Citi zens' Water company to furnish its consumers wi'h p.ire water, and what steps should be taken to protect the water ditch belonging to the city from being polluted. The city of i.os Angeles owns all the water of the Los Aiwcies liver, and in 1885 it bought of G. J. Griffith all thu water and wa er rights belonging to the I.os Feliz ranch, and also aright Of way, fifty fact iii width, through mid ranoti for the purpose of maintaining the city's ditch, which had b;en built for years. In 1886 the city leased to th» Citizens' Water company twenty in"hei of wtL'.er to be taken out of aiid diverted t>om the city's ditch. »t a point above the tunnel on the hick trace This lease was to expire on July 23d. 1898. but could be severed by either party by giving one year's notice of the same. The city did not agree to keep up the ditcn from the point of supply to the point of diversion, neither was there anything said in the contract as to the Water company's keeping it in repair between these points, but the Water company agreed that it would pay ten per cent, of the expense of maintaining an aqueduct necessary to carry said water, and that in case the main ditch should be cemented or piped that the company would pay ten per cent, of the annual interest on the cost of such work. This ditch from which this water is taken is used as an irrigation ditch, or lor the purpose of supply ing water for irrigation, by the city, und the city undoubtedly has the right to fence the same and do all other things necessary to pre vent the water from being contaminated, being limited only to its fifty-foot right ol way. This, In my opinion, should be immediately done. The water company should be notified to at once clean and protect their portion of the ditch and to furnish its consumers with pure freshwater. 1 his company is operating under a franchise granted in 1872 to P. Beaudry, and of which it is the assignee, granting the privi lege of laying down pipes in the city of I.os Angeles for the purpose of furnishing water to the inhabitants in the hilly section. And, while I am of the opinion that the lease between the city, end this company gives them the right to take twenty inches of water from the city's ditch (provided that much is therein) and that it can take such water in the condition in which it comes to it at that point, and that the city is not bound to keep its portion of the ditch in such condition as to furnish the water to the company at that point suitable for drinking purposes, yet the water company is not relieved of its duty to furnish its consumers with pure water When the city of Los Angeles granted a fran chise to this company (or Keaudry) to lay down pi pcs for the purpose of furnishing water it was implied that it should furnish pure water, suit able for domestic purposes, and if it cannot ob tain such ft supply of water from the city's ditch it should obtain it elsewhere, or its fran chise should be forfeited. As a temporary meas ure, I think the city and the water company should at once clean out their ditches; that the health officer should at once proceed against parties who arc maintaining a nuisance along the line of the ditch, and that a patrol should be put along the line of the ditch and that any person found polluting or contaminating the waters therein or allowing the same to be done should be prosecuted under Section 374 of the Penal Code, which makes the same a misde meanor.The water companies of the city have not only failed to provide pure water for their con sumei'B.but have failed to furnish fire hydrants, as they are bound to do by their contract, and have defiantly overcharged their consumers in rates in excess of those fixed by the city coun cil. I know of no way to protect the inhab itants of this city against such acts, except to proceed against these companies and forfeit their franchises, as all other means and argu ments that have been used to induce them to comply with the law have failed. This, of course, will be a long and hotly contested pro ceeding, and the sooner it is instituted the bet ter. In my opinion the only solution of the water question in this city, Is for the city to own and operate its own works, and whether or not it is now advisable to do bo, should be now determined, and thta in the meantime proceed THE LOS ANGELES HERALD: TUESDAY MORNING, AUGUST 26, 1890 ings should be instituted to forfeit the fran chises of these water companies and annul the contracts by virtue of which they are using the city's water, su that if it should be determined the city should own and operate its own works, that the city will be in a position lo do it with out hindrance or opposition. Mr. M. L. Wicks, who was in the lobby, was .called upon to address the council, and stated that although he recognized the necessity of cleaning the ditch, he could not do so without the permission of the property owners, and even then the water would not be any good. The water belonged to the city for the use of its citizens, and the city should take proper steps to keep ft clean, and compel Griffith and all others to abate the nuisances they created along its banks. The water never would be first class in this warm climate unless it was piped. His com pany would join heartily in the matter of prosecuting those who had defiled it. Mr. Van Dusen moved that the matter be referred to the zanjero with power to act by cleaningout the ditch,and employ a patrol to keep trespassers away, and construct flumes when necessary. Messrs. Burdette and C. M. Wella were heard upon the question and reiterated the statements they made be fore the board of health. Major Bonsall offered the following resolutions, all of which were adopted: A*< lolvt '',—That the city attorney be instructed to give the citizens water company notice of termination of franchise and lease. Reiolw <i, — That the city attorney be instructed to take necessary legal steps to forfeit the fran chise of the Citizens water company to the city of Los Angeles on account of non-compliance wit h and violation of the ordinance establishing water rates. Resolved,— That the committee on lire and wa ter together with the city engineer be instructed to pres.'lit genera] plans and estimates for water works tor the hill district, to be owned andoper ted by the city. Rtmlr, ( f.—That the health officer be instructed to institute proceedings against all persons maintaining a nuisance along the line of the ditch of the Citizens water company. The water question having been dis posed of, Mr. Winching stated that he had just learned from the city attorney that the action of the council in trans ferring (20,000 from one fund to another was illegal, and he, therefore, moved to reconsider the vote. His motion was lost, but that of Mr. Hamilton to recon sider the vote by which the report of the finance committee had been amended prevailed. Mr. Shafer then moved to adopt the original report. The matter was all gone over again in full, and was argued pro and con for nearly an hour; finally resulting in five votes for and three against the motion. Mr. Franken field appealed from the decision of the chair in ruling the motion as carried, claiming that six votes were necessary. After wasting several minutes in talking the matter over informally. President Frankenfield withdrew his appeal with the consent of the council, and took the chair again. Mr. Hamilton then moved to amend the report so that the school board allow ance should be (50,773, and that the bridge fund should receive (20,000, which motion prevailed and the amended report was adopted. This caused a slight alteration In the tax levy, chang ing the school fund from 15 to 10.70; ami adding the bridge fund of (20,000 at 4.24, which on motion of Maj. Bonsall was then approved. On motion of Mr. Van Dusen, the clerk was instructed to advertise for proposals to construct a steel wire cable bridge across the Arroyo Seco at Pasa dena avenue, according to plans and specifications of the city engineer. On motion of Mr. Summerland, a cul vert was ordered placed under the levee at the foot of Bloom street in accordance with the recommendation of the city engineer, and a similar one at Kuhrts street bridge. On motion of Mr. Van Dusen, the city engineer was instructed to report the necessary data in the matter oi there pairing of the levee on the east side of the river. A number of proposals for sewer work were opened and read and referred to the sewer committee, and at 5 :5 J o'clock the council adjourned. HOW TO KEEP COOL. A Big Ice Company Organized in This City With Large Capital. The Citizens Ice company filed articles of incorporation yesterday. The capital stock of the company is (100,000. "The directors are J. J. Schallert, T. S. C. Lowe. (ieo. R. Shatto, T. W. Brotherton and W. L. Packard. J. J. Schallert is president; T. W. Brotherton, vice-presi dent; J. H. Burks, secretary and treas urer. The company has already con tracted with the Blymyer ice machine company, of Cincinnati, for one of their DeCoppet machines, which will have a greater ice producing capacity than any machine heretofore erected on this coast . The DeCoppet is what is known as an absorption machine and does not require the ponderous and complicated machin ery which makes the operation of com pression machines expensive. It is claimed for the absorption machines that they make ice more cheaply than any other, and that they are the only ma chines that can manufacture absolutely pure ice at a reasonable cost. In order to economize in cost of production all compression machines that use distilled water at all, condense the exhaust steam from their engines, which is always more or less saturated with oil, and often to such an extent as to render the ice made from it unfit for family use. The De- Coppet machine condenses pure, live steam and the ice is chemically pure. Where it can be obtained, druggists use the water from melted ice in preference to the distilled water of commerce. It is expected that the new plant will be in operation by January first. The Kailroads. Thomas B. Burnett, of the Los Angeies, Pasadena and Glendale road, has returned from San Francisco. He did not meet Mr. Hobart as expected, but about the end of this week or the beginning of next nearly all the direct ors of the road will be here. W. Wincup, of the same road, spent Sunday in San Diego, having gone down to take a view of the lay of the land there. J. A. Muir, of the Southern Pacific failed to reach home yesterday, as re ported. He is thought now to be de tained at the headquarters of the com pany for a week longer. The San Francisco Bulletin reports some dissatisfaction on the part of some of the employees of the Southern Pacific company. The men demand an in crease of wages, and a committee waited on Mr. Towne and Mr. Fillmore last Saturday, to lay their case before the company. This road has had very little trouble with its men in all the twenty years of its existence. If the men's demands are reasonable, no doubt they will have a patient hearing. Naturalized. The following new citizens yesterday received their final papers: Hiram Beal, a native of England; Nicholas Jardine, of Italy; Wm. Benz, Henry Wollenweber and Fred Fixon, of Germany. The record of cures accomplished by Hood's Sarsaparilla can never be completely written. The peculiar curative powers of Hood's Sarsapa rilla are successful when everything else haß failed. If your blood is impure, your digestion out of order, try Hood's Sarsaparif la, Cancer »of the Nose. In 1875 a sort Jppearcd on my nose, anu grew rapidly. As my father had cancer,' and my husband died of it, I became alarm ed, and consulted wf physician. His treat ment did no good, ana the sore grew larger and worse in every Way,until I had conclude ed that I was to die iibm its effects. I was persuaded to take S. 8. S„ and a lew bottles cured me. This was after all the doctors and other medioinea had failed. I have had no return oi the cancer. MRS. M. T. MA BEN. Woodbury, Hall County, Texas. Treatise on Cancer mailed free. BWIFT SPECIFIC CO., Atlanta, Ga. Shoe Brush! g^P||^| f vVOLFF'S vj pi y ' did mm, I FV-h' v Thrifty Mechanic LVtRY Body able to *old a brush WILL Sue. OLD 1. :<rvv ru«"HTU«« VlimUh WILL BTAIM CLASS ANC CHIHAWANC „ ( ffU) ,T * ,N /oub Olb BASKfra time. WOLF? & RANDOLPH, Philadelphia. Atk in Drug, Paint und Boom Furnishing Store*. How Lost! How Regained. THE SCIENCE OF LIFE A Scientific and Standard Popular Medical Treatise on the Errors of Youth, Premature Decline, Nervous and Physical Debility, Impurities of the Blood. Resulting from Folly, Vice, Ignorance, Excesses oi Overtaxation, Enervating and unfitting the victirr for Work, Business, the Married or Social Relation. Avoid unskillful pretenders. Possess this great work. It contains 3»o pages, royal Svo. Beautiful tending, embossed, full gilt. Price only fl.oo by mail, postpaid, concealed in plain wrapper. Illus trative Prospectus Free, if you apply now. The distinguished author, Wm. If. Parker, M. D., re ceived the <JOI,D AND JEWELLED MEDAL from the National Medical Association lor I this PRIZE ESSAY on NERVOUS and PHYSICAL DEBlElTY.Dr.Parkerandacorps of Assistant Physicians may be consulted, coufi- | dentially, by mail or in person, at the office of THE FEABODY MEDICAL INSTITUTE, Ne» 4 BulflncnSt.,Bo«ton. Ma*s., to whomali orders for books or letters for advice should be directed as above. Physicians Couldn't Cure Him.w SzDAMsvTLi.il, Hamilton Co., 0., June, 1889. One bottle of Pastor Koenig's Nerve Tonic cured me entirely, after physicians had tried it unsuccessfully for 8 mouths to relieve me of ner vous debility. W. HTJENNEJEXD. People can nardiy Believe it. Jerseyville, 111., May 80th, 1888. T take pleasure to let yon known that my boy is sliilull right, he has not had any of the spasms since about March 20th. Tho peoplo can hardly believe it. from the fact that ho had as many ns 18 B day or more. 1 believe he was a very nervous Child all his life but did not show any signs of spasms until last December, after which they came in regular succession, and I had 3 doctors attending who could do nothing for him, nor even tell us what was the matter. I had despaired of ill's ever getting well, nntil I got Koenig's Nerve Tonic. After taking not quite a bottlefnl he got quite well and has not had the least sign of spasms since, ltcitpectfully Yours, MRS. E. LEYTOH I testify to the facts an Btatert above to be strictly true. JAS. HABTV, Pastor. Our Ifwisiplilet ror Batterers oi nervouu ai eeabes will be sent free to any nddress, aDd poor patients can also obtain this medicine Irce ol charge from us. This remedy nai been prepared by the Reverend Pastor Kcenig, of lort Wayne, Ind . for iho past ten years, and ia now prepared under his ejec tion by tho KOENEG IZF.&WHE CO., 50 West Utten, eer. Piston Dt. p CilliltiC, ILL. SOLD BY DRUCCISTS. Price SI per Bottle. « It-.(«•<•« tor $5. C. F. HEINZEMAN, Druggist and Chemist, 222 North Mairr" reet, - - Los Angeles, Cal. MRS. GRAHAM'S IPSFACE BLEACH ■jit „ r.emoves Freckles, Moth Lv JF p a l,:llt ' s ' i'imples, Black ' J' eao - s '. Sunuurn a,l d Sal- \ take from the face the ''/ '/ V i'u *J inatural rosy color, but *S^jL'M&4<W~f J BIi»ACH«g OUT ALL ' QTtFitu** 'J- BLEMISHES LODOED IN / s the skin. Freckles and other discolorations are dissolved; blackheads, flesh worms, etc., are brought to the surface, where they dry and fall of with the old cuticle, which flakes off like fine dandruff by rubbing the face gently with a towel. While the old skin is thus being disposed of, the new skin un derneath is forming soft and smooth, pure and white and fine in texture. The complexion is then as perfect as it can be made, and nothing remains but to keep it so, by the nightly use of Cucumber and Elder Flower Cream, or Jasmine Kosmeo. From one to three bottles are required to work a perfect cure. Perfectly harmless. (LISO per bottle. For sale by drug gists. F. W. Braun & Co., wholesale agents, I.os Angeles. Send stamps to Mrs. Gervaise Graham, 103 Post St., San Francisco, for her book "How to be Beautiful," jy2C-12m Encouragement for the Feeble. So long as the failing embers of vitality are capable of being rekindled into a warm and genial glow, just so long there is hope for the weak and emaciated invalid. Let him not, therefore, despond, but derive encouragement from this and from the further fuct that there is a restorative most potent in renewing the dilapidated powers of a broken down system. Yes, thanks to its unexampled tonic virtues, Hostetter's Stomach Bitters is daily reviving strength in the bodies and hope in the minds of the feeble and nervous. Appetite, refreshing sleep, the acquisition of flesh and color, are blessings attendant upon the reparative pro cesses which this priceless invigorant speedily initiates and carries to a successful conclusion, Digestion is restored, the blood fertilized and sustenance afforded to each life-Bustalningorgan by the Bitters, which is inoffensive even to the feminine palate, vegetable in composition, and thoroughly safe. Use it, and regain vigor! au2o-7t BANKING HOt'SKS Main Street Savings Bank and Trust Co. NO. 420 SOUTH MAIN STREET, LOS ANGELES, CAL,. Incorporated Oct. 28th, 1889. CAPITAL STOCK, $200,000 J. B. LANKERSHIM, Prest. F. W. DeVAN, Cashier. CHAS. FORMAN, Vice-Prest. TOTAL RESOURCES: November Ist, 1889 900,474.17 I July Ist, 1890 5383.965.3& January Ist, 1890 SI 15.657.64 | July 19th, 1890 8286,545.01 Since the establishment or the Main Street Savings Bank and Trust Company, it has filled the most sanguine expectations of its friends. Commencing October 28, 1889," there has been deposited In this bank an average of over $1,000 per day, and the deposits are steadily increasing. We have passed the experimental stage, and the Main Street Savings Bank and Trust Company is considered already one of the solid institutions of the city. - The Design for this Institution is to A (ford a Snfe Depository For the earnings of all persons who arc desirous of placing their money where it will be free from accident, and at the same time be paining for them a fair rate of interest. Deposits will be received in sums of from one dollar to five thousand dollars. Term deposits in sums of fifty dollars and over. We declare a dividend early in January and July of each year. Its amount depends on our earnings. Five per cent, on term and from three to four on ordinary. THE NATIONAL BANK OF CALIFORNIA, Corner of Spring and Second Sts. Los Angeles, Cal. CAPITAL, * * $250,000. Is fully equipped for every kind of LEGITIMATE BANKING, and solicits the accounts 0 those needing a banker. OFFICERS: BOARD OF DIRECTORS: J. M. C. Marble President Owen H. Churchill. Thos. R. Bard. Owen H. Churchill Vice-President" Gen M. H. Sherman. Dr. W. L. Graves. W a Hni?hes rtariitnr Capt. George E. Lemom. E. P. C. Klokko. „ • •'■ " ?,: ••; •I-" 1 „ S^ , McParland. Fred Eaton. Perry Wildman.... Assistant Cashier Perry Wildman. W. G Hughes m3O-tf J. M. C. Marble. AND MERCHANTS BANK OF I.OS ANGELES, CAL. Capital (paid up) $500,000 Surplus aud Profits 750,000 Total $1,250,000 officers: Isaias W. Hellman President Herman W. Hellman Vice-President John Milner Cashier H. J. Fleishman Assistant Cashier directors. L. L, Bradbury, Emeline Childs, J. B. Lanker shim, C. K. Thorn, C. Dueommun, H. W. Hell man, L. C. Goodwin, A. Glassell, I. W. Hell man. STOCKHOLDERS. Estate O. W. Childs, J. B. LRnkershim, Chas. Dueommun, Domingo Amcstoy, Sarah J. Lee, Emeline Childs, Sarah J. Loop, L. L. liradburv, T. L. Ducjue, Jacob Kuhrts. Louis Polaski, F. Leeouvreur, Estate D. Solomon, Prestley C. Baker, L. C. Goodwin, Philippe Gamier, A. Haas, Cameron E. Thorn, Oliver H. Bliss, Chris. Henne, Andrew Glassell, Herman W. Hellman, Isaias W. Hellman. • jul QALIFORNIA BANK, Cor. Broadway and Second Sts., Los Angeles. Subscribed Capital $500,000 laid up Capital $300,000 Surplus $ 20,000 directors: Hervey Lindley, J. C. Kays, E. W. Jones, G. W. Huges, Sam. Lewis. H. C. Witmer President J. Frankenfield Vice-President T. J. Weldon, Cashier. J. M. Witmer, Assistant Cashier. General Banking and Exchange Business transacted. m4-4m L° S ANGKLES COUNTY BANK, Temple Block, Los Angeles, Cal. Capital Stock Paid Up, $100,000. Reserve Fund, $100,000. JOHN E. PLATER President R. S. BAKER Vice-President GEO. H. STEWART. . . Cashier directors: H. L. Macneil, Jotham Bixby, John E. Plater, Robert S. Baker, Lewellyu Bixby, Geo. W. Prescott, Geo. H. Stewart. Buy and Sell Exchange on San Francißco, New York, London, Paris, Berliu and Fruuk fort. Buy Exchange on all parts of the United States aud Europe. Receive Money on open account and certifi cate of deposit, and do a general banking and exchange business. jul rjMIE UNIVERSITY BANK OF LOS ANGELES, No. 119 New High street. Capital stock paid up $100,000 Surplus 20,000 R. M. WIDNEY President GEO. L. ARNOLD Cashiei directors. R. M. Widnev, C. A. Warner, I). O. Miltimore, C. M. Wells, S. W. Little, • L. J. P. Morrill, L. H. Titus. Eight per cent, bonds secured by first mort gage on real estate, with interest payable semi annually, are offered to investors 250 and upwards. JfMRST NATIONAL BANK OF LOS ANGELES. CAPITAL STOCK $200,000 RESERVE $205,000 UNITED STATES DEPOSITORY. E. F. SPENCE President J. I). BICKNELL Vice-President J.M.ELLIOTT Cashier G. B. SHAFFER Assistant Cashier Directors—E. F. Spence, J. D. Bicknell, S. H. Mott, Wm. Lacy, J. F. Crank, H. Mabury, J. M. Elliott. jul ANGELES SAVINGS BANK, 130 North Main street. Capital $100,000 L. C. GOODWIN President W. M. CASWELL Secretary DIRECTORS. I. W. Hellman, John E. Plater Robert S. Baker, J. B. Lankershim, L. C. Goodwin. Term deposits will be received in sums ot $100 und over. Ordinary deposits in sums of $10 and over. Money to loan on first-class real estate. Los Angeles, July 1, 1889. jul-tf gOUTHERN CALIFORNIA NATIONAL BANK NADEAU BLOCK. L. N. BREED Presiden WM. F. BOSBYSHELL Vice-Presideu C. N. FLINT Cashie Paid-in Capital $200,000 Surplus 20,000 Authorized Capital 500,000 Directors—L. N. Breed, H. T. Newell, H. A Barclay, Charles E. Day, A. W. Richards, E. C. Bosbyshell, M. Hagan, Prank Ruder, D. Remick, Thos. Goss, William F. Bosbyshell. jultf THE CITY BANK, 37 South Spring street. Capital Stock $300,000 A. D. CHILDRESS President JOHN S. PARK Cashier DIRECTORS. W. T. Childress, Poindexter Dunn. J. J. Schallert, E. E. Crandall, John S. Park, R. G. L 'nt, A. D. Childress. General ban king. Fi re and burglar proof safe deposit boxes rented at from $3 to $20 per an num. m 4 12m lOSI OS ANGELES NATIONAL BANK, 4 Cor. First and Spring streets. Capital $500,000 00 Surplus 77,500 00 Total $577,500 00 GEO. H. BONEBRAKE President JOHN BRYSON, SR Vice-President F. C. HOWES Cashier E. W. COE Assistant Cashier No interest paid on deposits. directors. Dr. W. G. Cochran, H. H. Markham, Perry M. Green, John Bryson, Sr., Dr. H. Sinsabaugh, F. C. Howes, George H. Bonehrake. Warren Gillelen. No interest paid on deposits. Exchange for sale on all the principal cities 1 of the United States and Europe. m 8 State Loan and Trust Co. Subscribed Capital 91,000,000. Capital laid Up $530,000. BANKING ROOM, N. W. CORNER SPRING AND SECOND STREETS, RKVSON BONEBRAKE BLOCK. DIRECTORS. GEORGE H. BONEBRAKE, President. E°F N Sp\ P nI S E N,SK - \ Vice-President*. SAMUEL B. HUNT, Cashier. W. G. Cochran. P. M. Green. W. H. Perry. J. F. Towell. H. J. Woollacott. L. N. Breed. 0. T. Johnson. We act as trustees for corporations and estates Loan money on first-class real estate and collaterals. Keep choice securities for sale. Pay interest on savings deposits. Five per cent, paid ou time deposits. Safe deposit boxes for rent. Best fire insurance companies represented. marl9-tf SECURITY SAVINGS BANK AND TRUST Company. CAPITAL, 8200,000 No. 148 S. Main St., Los Angeles, Cal. F. N. MYERS, S. A. FLEMING, President. Vice-President J. F. SARTORI, Cashier. directors: Isaias W. Hellman. Mrs. Emeline Childs. J. A. Graves. S. A. Fleming. T. L. Duque. James Rawson. Herman \V. Hellman. A. C. Rogers, M. D. A. J. Browne. J. F. Sartori. Maurice S. Hellman. ¥. N. Myers. Five Fer Cent. Interest laid on Deposits. The notice of the public is called to the fact that this bunk only loans money on approved real estnte security; that it does not loan money to its stockholders, officers or clerks; that among its stockholders are some of the oldest and most responsible citizens of the community; that un der the stute laws, the private estates of its stockholders are pro rata liable for the total in debtedness of the bank. These facts, with care exercised in making loans, insure a safe depository for saving ac counts. School teachers, clerks, mechanics, employees in factories and shops, laborers, etc., will find it convenient to make deposits in small amounts. Financial agents for eastern and San Fran cisco capital. Money to loan on ranches and' city property. Bonds and mortgages bought. Remittances may be sent by draft or Wells- Fnruo Express. je2s-l y fftlTl'fftM W. L. Douel,,* Shorn vAU 11U11 warranted, and every pair has his name and price stamped on bottom. DOUGLAS $3 SHOE GENTLEMEN. Fine Calf and Laced Waterproof Grain. The excellence and wearing qualities of this shoo cannot be better shown than by the strong endorsa ments of its thousands of constant wearers. te.oo Genuine Hand-sewed, an elegant and i O stylish dress Shoe which commends itself. I Syl.OO Hand-sewed Welt. A line calf Shoe *> unequalled for style aud durability. $0.50 Goodyear Welt Is the standard dress O Shoe, at a popular price. $0.50 Policemnn's Shoe is especially adapted O . for railroad men, farmers, etc. All made in Congress, Button and Laoe, $3&52 SHOES LA F D°.E3, have been most favorably received since introduced ! and the recent Improvements make them superior to any shoes sold at these priced. Ask your Dealer, and if he cannot supply you Fer:r] direct to factory enclosing advertised prfce, or a postal for order blanks. W. L. DOUGLAS, Hrockton, Mas*, MASSACHUSETS Boot £ Shoe House, Sole Agents for Los Angeles, fel-5m 129 WEST FIRST ST. F. HAN I MAN, Telephone 188. P. 0. Box 537. LOS ANGELES FISHING COMPANY, Wholesale and retail dealers in FISH, GAME AND POULTRY All kinds of OYSTERS always on hand. Stalls 8, 11,13, 10, 18 and 20, Mott Market, Los Angeles, Cal. mlB-sin Finest Wines, Liquors \j2 PULTON BLOCK t New High St. LOS ANGELES, CAL. C. F. HEINZEMAN, Druggist & Chemist No. 122 N. Main St., Los Angeles, Cal. Prescriptions carefully compounded day and night. m-il-tf FOR MEN ONLY! 11l I alls I- jfW" LOS? <" FATXUTG MANHOOD» l T il^lU^lTn oaD «n''*>> dr,EßVOUB DEBILITY; Ixl'liTri I! |Wcakn«ss of Body and Kind, Effects p»d<lhlltl.f Errorsor Bxoeitea in Old or Young. Robaot. Moblo MANHOOD ftanj Restored. How to oalorao tot atreo><>.»*l"K.l NDKV»'LOFKDORUiKRJ>PIHT*OI' BOUT, aboolalolr aaMllac HOME TBBATHIKT—BoaoIIo la a dir. 8.. U.ufjrroS»O BUU.»»4 rerelfa Coootrleo. Write loeob PeMripUee Book, oxalaaaUoa o»d proofe milled (tooled) rroo. Mtim UUS MIOIOAtt 00.. BUFf AJ.O, No Yf