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The Yakima herald. (North Yakima, W.T. [Wash.]) 1889-1914, May 12, 1909, Image 1

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn88085523/1909-05-12/ed-1/seq-1/

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Failure to Secure Necessary Capital]
to Construct Klcctrlc Linos In the I
Yakima Valley Leads Trustees to'
Issue Statement to tho Public—,
They Say Local Capital Must Camel
Forward or I load Must Be Sold
The following is a statement issued
by the Yakima Valley Transportation
company which was printed in the
evening paper of yesterday:
Statement By Trustees.
"It is known by the stockholders of
the company and is a matter of com
mon public knowledge, that an ar
rangement was made and an option
given in December of last year which
it was hoped by the board would re
sult in the financing of the company
and the building of a considerable
mileage of electric road during this
year. The option which was given for
that purpose has expired, without be
ing exercised; and the proposition of
financing this enterprise is now open
to anyone who is able to do so. The
board of trustees will be glad to en
tertain any proposition which may be
offered by any stockholders or friends
of the road. In short, the field is
open and the board will welcome any
one with the money to build the pro
posed system of electric railroads.
Should Be Local Enterprise.
"Many local people and stockhold
, era have expressed the hope that our
railroad could be built and owned as I
a home enterprise, and the board of
trustees would be glad to see it such;
but, in order that it may remain asj
such, it will be necessary that ourj
home people come forward and take
stock or increase their present hold- ]
ings. It "is important that the lines
be extended this year in order to hold .
valuable franchises which depend,
upon the building of certain mileage
of road within given periods of time;
and unless the home people and pres- !
ent stockholders will increase their
stock holdings and thereby furnish
the necessary funds for such exten
sion, it may be necessary that the en
tire system be taken over by outside
people who can furnish the money
necessary to protect these franchises."
Another Communication.
It may be of interest to the public
to note that the following letter was
received by the Yakima Valley Trans
portation company early Tuesday
North Yakima, Wash.,
May 10, 1909.
Board of Trustees of the Yakima
Valley Transportation Company.
Gentlemen: Referring to your re
quest of April 29 for information as
to the identity of the gentleman quot
ed in an article in the Herald of that
date under the caption, "Why Has
Capital for the Transportation Com
pany Never Been Secured?" to the |
effect that money could bo had for the
undertaking, we beg to .say that the i
writer has interviewed the gentleman i
in question with satisfactory results, j
He has given his promise to pay a!
visit to North Yakima within a short i
time, looking toward the opening of,
negotiations if agreeable to both j
This gentleman is making the final
arrangements for capital on a prop-1
osltion similar to the electric line in
this valley. These final arrangements
are concerned with terminals, etc.,'
and he is anxious that the situation
be not jeopardized until the necessary
details have been arranged. It is ex- |
pected that these details will have j
been completed within a period of
from 30 to 60 days. Moreover, they
are so occupying his attention that he
finds it impossible to leave immedi
ately but promises to do so at any
early date.
To show our good faith we will give
you a general outline of the proposi
tion which we believe must appeal to
you as business men and as the cred
ited trustees and representatives of
the stockholders in our home com
pany and assure your, furthermore,
that at the very earliest possible mo
ment we will not only produce the
representative of the necessary capi
tal but furnish the details of the deal
which has just been completed
through his instrumentality and which
may result in the solution of present
perplexing problems.
In a general way, it may be said
that the undertaking which this gen- I
tleman is just completing involves the;
expenditure of several millions of
dollars for the construction of a rail
road. The capital is furnished for
building the road by one of the most
responsible bonding houses in the
country, and it is so considered by
.such men as Jacob Purth and others'
The Yakima Herald.
of the prominent financiers on the
The bonding company furnishes the
capital necessary for construction and
accepts the bonds of the company
bearing a reasonable rate of interest
running for a long period of years.
The company is capitalized for exact
ly what it costs to build. For In
stance, In our own case, if $2,000,000
were required for construction pur
poses, the company would be capital
ized for that amount and each stock
holder would be issued stock In the
new concern in exact proportion to
what he holds today. In other words,
the necessity of watered stock would
be eliminated in the reorganization.
Then as time progressed and the road
returned the dividends on the invest
ment that all of us believe possible,
the men who have contributed to the
success of the concern thus far would
be the ones to share In the success
and the earning power of the road.
At the end of a few years a sinking
fund could be established to pay off
the bonds when they came due later.
That Is exactly the plan that is be
ing followed in the case referred to,
and with the responsibility of the
money end of it established, negotia
tions from the same source hero
would, If consummated, result In sev
eral mighty benefits to this valley. In
the first place, of course, the report
of the engineer would have to be fa
vorable, but the representative of
this money with whom the writer
talked, assured us that in a general
way he was convinced that the prop
osition had merit and his engineer is
of the same opinion. Whether sub
sequent railroad activity here has al
tered the situation as they l^iive al
ways known it is a question that can
not be determined until he gets on the
ground In an official capacity and
takes note of the actual situation
from an engineering point of view.
Aside from this feature, the concern
is one that brooks no breaches of in
tegrity. They deal in a straightfor
ward way, asking no side money and
giving none, paying only a commission
to their representatives as the bonds
are executed, much the same as any
bonding commission is paid. This
feature cannot but appeal a,3 being
one of merit also.
As far as the stockholders are con
cerned, if negotiations are opened in
the near future and the engineer's
report is favorable, the proposition
allows the company to remain purely
local in character, and will thereby
permit of that faith being kept with
them which was established at the
outset, namely, that no one should
hold more than a certain amount of
stock and no one should have control.
It will be recalled that this was one
of the representations made when the
past issues of stock were disposed of,
and it was upon this basis that a
great deal of money was raised for
the undertaking. The building of the
road by oapital from a source that
permits of carrying out the original
plans, therefore, must appeal as one
having absolute merit also.
We trust that in a very limited time
it will be possible to have negotiations
opened along this line. At any rate
we are assured that it will be within
the 30 or 60 days mentioned and at
that time we will place the whole de
tail of at least one deal along the lines
mentioned in your hands for verilica
tion. Please understand that tha mat
ter will not be delayed one moment
longer than necessary.
Very truly yours,
By H. H. ANDREWS, Editor.
Says Ynklmn County Building at Sc
uttle Fair Will Bo Credit to People
Of This Valley.
W. L. Steinweg, who was in Seattle
Sunday, was a visitor at the exposition
grounds and the Yakima county
building thereon. He was greatly
pleased with the site of the Yakima
building and with the prospects of a
highly creditable and dignified repre
sentation of this county at the fair.
Architect Pohl escorted Mr. and Mrs.
Steinweg about the grounds and told
them much of Interest regarding what
Is planned and contemplated. The
fair, Mr. Rtelnweg says, is to be one
of groat magnitude and, he thinks will
be ready for opening date. The Yak
ima county building has not got along
rapidly so far an construction is con
cerned but Mr. Pohl offered every as
surance that it would be completed
and equipped by the time the fair
Good Work on Grounds.
Particularly Rood work is being
done, Mr. Steinweg says, on the
ground! about the Yakima county
building and he Is of the opinion that
when the nurserymen are through
with their work, the ladies have ad
ded their foliage displays and the gar
deners got busy, the appearance of
the county building will bear favor
able comparison with any on the
Superintendent Hansze says that he
has no fear regarding the exhibits of
Yakima county. "We have them
now" siiys Mr. Haasze "and they are
the real goods. No county will be
able to do better for there isn't any
better. We have the displays, I say.
The real thing in exhibits. And we
have them. That part of It is ill
right. There are other things which
are giving me a great deal mure
worry than the exhibits but we won't
speak of them at this time."
Verdict a Surprise to All—lnsanity
Plea Proves of No Avll—Prisoner
jtemains stolid.
FLUSHING, May 11.—Captain
Peter C. Hams, Jr., U. 8. A., tonight
faces a prison term of from one to 20
years. Despite the testimony submit
ted by the defense to show insanity he
was convicted of manslaughter in
the first degree for the killing of Wil
liam E. Annis. Quickly following th.;
Hams conviction his counsel declared
they could produce affidavits to show
that the jury had not been properly
guarded during the trial and upon
this allegation he will seek a new
trial. These affidavits will be submit
ted Monday, the time set for the pass-
Ing of sentence. There will, of course,
be the usual motions to set aside the
verdict, but the unguarded jury feat
ure is the only departure from stereo
typed proceedure looking to a new
trial. Daniel O'Reilly of counsel for
the defense said: "There Is no evi
dence to warrant a verdict of man
slaughter. It should either have been
murder in the first degree or acquit
tal on the grounds of Insanity."
O'Reilly says the jurors were permit
ted to roam about the country in au
automobile and to go to the scene of
a suicide, which he declares is against
the law. He also says the defense
will have affidavits to show that the
jurors were permitted to leave the
jurisdiction of the county and have
been on government property at Fort
Conviction came as a complete sur
prise. It hud been expected the ver
dict of acquittal on the grounds of
insanity or a disagreement would re
sult. No one was more surprised than
District Attorney DeWitt, who had
said that all he could hope for was a
disagreement. No demonstration oc
curred when the verdict was rendered.
Hams stood up, throwing back his
shoulders In military fashion, while
the foreman recited the verdict. As
he heard the decision Hams' face
grew white and chalky. He stood for
a. few moments motionless staring al
the jury. Then one of his lawyers
touched him and he quietly sat down.
General Hams, the convicted man's
father, and Major J. P. Hams, the
captain's brother, broke down and
wept. Mrs, Hams, the mother, was
not present. After the jury was dis
charge Juror Craft said that four
ballots had been taken. On the first
ballot the jury was evenly divided be
tween a first degree verdict and ac
quittal on the grounds of insanity.
On the fourth ballot a compromise
was reached.
Ira M. Krutz is a grandpapa, word
having been received Monday from
Bellingham of the birth' of a son to
hla daughter Mrs. Howard Grlggs.
Attempt to Hail road Donald Franchise Through
Council in Gttim of Innocent Looking Res
olution Does not Place Required
Number of Couiicilmen on
Record a* Favoring it.
A futile attempt was made Monday afternoon nt 5 o'clock to rail rood the
G street franchise of the. Yakima « Valley Hm through tlie m ll despite
the fact (lint nt the regular meeting n week ago the limiter wu.s laid over for
two weeks.
At that time it will be recalled that considerable opposition developed,
not to the granting «f the franchise but to granting It on <i mreet while them
Is already a spur running to the Caocndc mill on II street. The property
holders affected appcanil before the council und presented their side of the
case and made formal protest. One councilman wan absent and the entire
proposition was laid over.
No legal action can be taken by the council except at a regularly ap
pointed meeting, and it require* five votes to pass the franchise Despite the
fact that no formal action could be taken legally, an attempt won inudc to
place a majority of the coiiucilnicn on record M favoi<in« the franchise at
the. Informal meeting yesterday, at which no ivpresentulives or the properly
holders were prcsnt to press their claims. Fortunately, Hie little "giim-*hoc"
game, failed.
When the council mi opened by Mayor .ArnihtiiNtcr he explained thai
It was simply an informal affair and Hint no legal ml lon could be taken, lie
stated, however. Hint Mr. Donald would like some urn WlHili from the council
as to whether he was to get any franchise at all and that If the council WM to
refuse him a franchise on <S street he must know it at once and govern him
self accordingly.
Councilman Mci«s mated that the whole proceeding was hi-rgular mid
Councilmcn Wight and Smith ill once pointed out that (he council MM not
keeping fuith with (he public when the matter had already Ix-en laid over
for two weeks and could not rightly he brought up until next Monday night
Councilman Wight further staled that he would refuse to vote on aiiy rcso
'•>:ion whatever that might come up.
Councilman Melgs finally pounrxl oil on the troubled wutcra by reading
lie revised franchise lo the council section by section. At Its conclusion It
..us suited that a resolution had been prepared which was pawed by v I to :i
vote as Miami Yeas—Mull. Schorn. Shaw. Miller. Nays—Smith. Wight
(Meigs refused to vote.) Note the ini|H>rl of the resolution an follows: *
Attitude of Mayor, Mull and Schorn Proved Their
Advocacy of Anything Father of Franchise
Demands—State Railroad Commission
to Take Hold After June 11.
Th© sidelights on the whole proceeding nrr, rather ominous If the motives
behind the affair are to be considered. In the preliminary discussion ut the
opening of the meeting the following dialogue m noted I
Councilman Wight: Is there a resolution to l>o offered today placing
the council on record?
Mayor Armbruster: There will be a resolution.
Councilman Mclgs: This action, will not be legal.
Mayor Armbruster: It concerns merely your word of honor and will
not necessarily bind at the regular meeting.
It will be recalled that at a meeting of the pro|M-rly holders on <; street
Councilman Frc«l Shaw assured them that he would be with them.
It will also be noted that Councilman Fred Shaw was one of those who
voted for the resolution yesterday afternoon. The question now Is, do the
mayor and Councilman Rhaw have the same conception of "word or honor?"
The franchise which was considered at the meeting Monday was an
entirely different document from that considered at the luM iiicicting or thy
council. The old franchise was drawn by City Attorney I'rank .1. Allen und
the new one by Attorney Frank I>use, who represents Mr. DonaM.
The main objection to the former franchise lay In the fact that s»l)ways
or overhead bridges were provided for in it, should the trufllc ami trawl «n
any or all of the Intersecting street* at any time require It. This wiw v very
hateful idea to Mr. Donald.
Councilman Miller brought up the. question again yesterday, und in lliw
dlscuaslon Councilinun Smith dcclai'c*l that a subway might Ik* required at
First or Fourth street or perhaps both. When prcssi>d as to why they
objected, Mr. I.uso replied that the ruilroad did not want the subwuy feature
in the franchise and that is why it was left out.
From this the conclusion may be drawn that Mr. Donald Is dictating lo
Mayor Armbruster and several members of the council just what he wants
and it won't make much difference whut this Is. they will do their beat to
see that he gets It. Tlie mayor seems to have Sciiom and Mull lined ui>
solid on tills program.
It will be noted in the resolution that the slate railroad commission ulll!
be In control or railroad projects when tlio new law takes effect in June Sec
the humor.
The state railroad commission Is cpented to safeguard llf,, and facilitate
the handling of traflic where railroads cross the public highways The ns,i-
Iv I ion refers to the railroad commission as If it would hand the whole cltl
over to tlie Northern Pacific when It gets into control in v few weeks Ih-cuiix
it sagely states "It is desirable that said road 1m: Constructed aicordiiur to
the wishes of this body."
Compare this statement with the mayors attitude and determine
whether the ruilroad comnilK-ioii ulll liand the |mblic uiiylJUiig tliul is iv.i
being dished up now.
AKRON, 0., May 10.—No one ever
will know the extent of the tortur.j
experienced by William Murray An
drews, steward of a local hotel, Mho
starved himself to death while pre
paring three times n day the most ol
aborate meals for (ju««ts of the host
Just why he killed himself cannot
be told. It is supposed he was so bad
ly troubled with Ini'gestion that eat
ing became a bufc'.ei he no lonijc ■•
could bear.
Andrews left a mewmo In a note
book telling of his gradual demise
from abstinence from food, but did
not explain why he was taking such
action. The note r<;aJ
"l am dying Ineq by imh I ha\ j
not eaten a whole efg la a week."
Differences in loctiinal and dornen
tis affairs drove Andrews from tht
ministry. For many y.;u.-B ho was a
leading preacher in the iteform-.-d
church. He held pa^ioraten In sev
eral towns in lllinolH. Ohio, and Per
nsylvenla. He was a graduate of
Institutes Munition to llnvr .In..*
Divllirr VulllO or l'io|xr>\ I'nr
cliilMil liy Yaklmu \ all. \ ICnuet
Henry J. Knivrly Rot busy f«r K. It
Strahurn ami the North < *<iu.«t niilriWl
Tuesday and n« n result i <md. omnf. ■-.
proceedings were tiled iiKa.tn.«» .-, iaxrv
lot of land owned In Zillah and vie*-
InHy. (Inc of tho suits Ih nuninrt th*
North Yaklnui & Valley railroad.'
This is for blocks 12 un<l It und lc«
lots t to n Inclusive In blork 14 an*
fi. 7 anil 1 In Mock ir.. Th* Nortlte
Const hits its rlKht «f way siirvpywf,
ii liirsc number of Its conrimnatior<
suits of record In the surwrfor o>nrt
and still has the privilege it f)ir« liajt
liik: land II seeks to condemn. The
North Yukhnsi * Vallry railroad. «m.
the Other hand. has Itself Holid nppnr
ontly. in one- or two other ■OOttOMB
When the possible rlfrhf fif way tt
narrow and whan one raMi en euMg
occupy the territory.
I'lirinnu MukcN (li> kI Snlo.v.
I..md viilins lire JdnptDKi too. tra
der the Competition set i:p iilrendy fey
Hie rival linen . This Is minlf-.ifrnf
by the case nf C. IT. Km-iiiiim .if /TT
bill who owns laud In i strip vi im-f.
both roads want. Mr. Furiuan FOfBV*
time wo purchased land at BlUatt »*
$in a lot He had II) Idtim. SfVfn or
these, which cost him a total nf J7f»
hf> sold a couple of days aj'O In ficorKr-
Ponnld for JU.OOO. For Iho tttroa fw»
has Ifeft Mr. Stiahorn is willing tr>
|iay $1(100 v lot but us yet ATr, T-um>nn
has declined to mil. The rondltioni
■ ppeaj* to indicate that the prtco wfR
not decline within the next few <J:iVi*
Condemnation mita bronchi by v ■
North Comat, which paid iibout $X oin
the office of the clerk of courts In !«■«•
were as follows:
Nelson (Irlmsley, Henry ts, llM*iro ir?".
Waahinfton Irrigation <oini>any: Utl
tia* B. l)(MiKlas, MorKan EjtUnOOr OOW
paiiy. Ida <'. M'( 'nickcn, R. J. Tnr
|Wi .) J. Iliikoli, John BwniU, Wt
I". Auley, A. At Cornell, J. K. r:.im
nierinann. ld:i 10. Chile, f'hiirl^s M
Mmiii, a. a. Thomaa, li. B. LawrenoM
Hose B. Klllott anil the North Vnt
ima .V; Valley railway company
Proaecutiag Anorney win iiuv<- n M
■ nl'oriniitlon Ciad', Next
OLYMPIA, May 11. Preattonttar
Attorney Wilson says it will probabK
lie next week before he will fllo in
formation in the superior < ourt h<>r«'
agalnat <>rtis Hamilton on the charges
upon which Hamilton Is hi ln>f lu.-l>J
In Jail.
Wilson haa been catted tn oth.fr
pails of the county for v few (lays
on other criminal hearing and WKJt
he has nut time to take up the mi.
this week. Hamilton has turn iinabU
so fur to secure bail.
Insurance CommlHKioneT ,f. If
Scliively left at noon fm S«»,iftl«, nmt
expects to be back before tho Invow
tlsatim committee reraisM its ses
sions Wednesday.
ai»vi:ktiski» i.K'rrr.its.
The following letters were uncalled
for at the close of business May fc.
1909, at North Yaklm.-i poatolflcf
i Alice Austin. Joe Bnino (S), M in-
ROM llerK, Wlllfred Berin, N. -I
|{ry«n^, Frank Oarney, Mrs. Algol
(Virlson, Wed Colf.iv. Ni ii Delanc]
Mi- I. N. Eddy, Mrs. Tillli E
mayer, If. 1.. Friedman, Ulm Dorothj
Gilbert, Mabel Oorman, lira. E B
' irabam, Mi v J<l . ■ Harper, >'•<■<•■ Hud
son (!'», J. VV. Hewett, Maud IliuM
Mrs. Chriatlna Kelley, Mrv. O, c. King.
Mrs. S. A. l.onn. BdgSr Mlran, Mr. .r
K. McClurc, I'iofessor A. t. Melancicr.
i:. O, Huldooa, W. ii. McMahb, E. B
Martin, Wilbur Mcßacbern, Peti
Mann. Oeo. Notta, Krik, NUason, W
Oppevangen, Kennak v. Pontloo*.
Miss Avis Preaaey (4). hik f.uiKi p.t
conetti, w. j. I'iiKi', Cbaalea I'mvi
ance, Artiiur A. J'. ■ t« ison, M l. <'. K.
Roblln, Mrs. N. H Roblnton, v. B.
Rloe, Mrs. ii. M. Row, Mis. John
ItoKstad, Miss Kutie K«iKau. Ml
Charley KalncH, Jim Smith. T. B
Smith, Mr. A. I). Trunkcy (2), I^. E
Tinsley, Mm. Ada Thompson. John
Vlnure, Jo. Williams, Mrs J .In
Walters. Mr. Thou. Zyph.
on'; cent due on vach letter advi r
tlscd. Kindly mention advert Is**,
when (fillinK for .lami 1.
NO. I*

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