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CANNOT PAY INTEREST Lack of Ready Money and the Neces sity of Work to be Done the Reason Given Los Angeles Examiner The bondholders of the California Development company are midway be tween perplexity and panic, because, for the first time in its ten years of ex istence the corporation has failed to pay the semiannual bond interest. On the first day of this month $15, 000 was due the thirty holders of bonds in this city. The officials of the company decided in the latter part of May that the interest could not be paid assigning as a reason the lack of ready money, and the necessity for immediate repair of the damages done to the lands around Calexico by the recent overflow of the Colorado river. The California Development com pany, of which Epes Randolph is presi dent and W. T. Heffernan secretary, owns about 80,000 acres near the Mexican line, enough water to cover 400,000 acres in northern Mexico and aivadditional supply of water to irrigate 250,000 acres in American territory. The extens^e canal system now brings in $150,000 a year. , A number of the bondholders in Los Angeles have become alarmed at the action of the corporation in withholding the interest and may demand an in vestigation. A. H. Heber. who was formerly the president and still is a heavy stockholder, said yesterday: -I am not surprised that inquiry has been made about the company's failure to make payments at this time. I was Informed several days ago that the semi-annual interest would not be paid. My opinion is that the company will have to be reorganized. The bond holders are not in any great danger, but there is no certainty about the time when the money will be paid. There has been altogether too mnch defective engineering and some small jealousies have contributed to retard the com pany's success. H:wever, all the dif ficulties may be adjusted in a short time." Imperial Items From our Regular Correspondent Bert Chaplin is taking his vacation. Yount Bros' thresher is laying off for repairs. The health officers say, clean up your back yard. . Henry Jarnigan is a Los Angeles visit or this week. Mr. Perry, of Heber, was an Imperial visitor this week. Prof. Sisson is visiting Imperial and looking after his cantaloupes. A great many Irnrserialites viewed the Calexico high water, Sunday. Messrs. Perkiss, Holland and Farns worth have finished work with their combines. The Stephens Bros, were delayed on their trip home to Texas by the trial of C. E. Wright, of Brawley. Mr. C. E. Scott has gone to his home in San Diego. He has been in Imperial looking after business affairs. Mr. and Mrs. Mack and Mr. 0. K. Thomas and sister went to Calexico, Sunday, to see the work of the high water. Rev. Laizure, of Calexico, who was on his way to the mountains, stopped in Imperial Sunday night and preached at the Methodist church. The eighth grade school children are all jubilant this week over their success in receiving diplomas, as all passed and are ready for high school. Mr. and Mrs. Leroy Holt and family and Mr. and Mrs. Ritner drove over to Sharp's heading and from there to Ca lexico, Sunday, to view she damages done by the water. Everybody came to Imperial the 4th to help celebrate. It was a big day. Speaking was in the old planing mill, where a program was prepared and well rendered. First we listened to music by the ba^id. Prayer by Rev. My rick. Song, "America," by a chorus. Read ing Declaration of Independence by Mrs. Sochor. Song by chorus, "Stars and Stripes Forever." Next we listened to the "Order of the Day" by F. C. Farr. Mixed chorus then sang "The JStar Spangled Banner. IMr.andMrsDeLegro furnished the piano and violin music; also the piano. Speaking by Mr. Brad shaw. Then closed with music by the band, after which the barbecue was served. The afternoon racing furnished great amusement for the crowd. A ball game was played after 5 o'clock, which resuled in a tie. THE CHAMPAGNE MAKER. tVTiy His Face Is Always Decorated With Scars. The Frenchman's face was back'rf and notched. "Have you been a duelist?" . one asked. "No, no," the man replied. "I have been a champagne maker." He touch ed his face. "These honorable nicks," he said, "are champagne scars. "Champagne scars," he went on," dec orate the visages of all the workers is the underground champagne mills of Rheims. They are caused by the burst ing of the bottles. 'About one bottle of champagne in every ten bursts. "There are miles and miles of cham pagne caves in Rheims, caves cut in the solid limestone rock, where, in a constant temperature of 45 degrees, millions of bottles of wine refine and ripen. "The workers down there smell noth ing but champagne all day long, cham pagne escaping from burst bottles, and as % the turners move along the racks each turns 35,000 bottles daily— they are continually saluted with explosions. Bang! And the glass splinters fly, and a little fountain of champagne per fumes the damp air. "Day after day each bottle must be turned, turned fifty times altogether, till the sediment in it has all mounted up and concentrated itself around the cork. Then the corkers remove fhe corks, let the sediment thickened wine In the neck of the bottle blow off and skillfully replace the cork again. "The corkers' and turners' work is dangerous. These men axe nearly all scarred like me."— Kansas City Inde pendent. WAYS OF PENGUINS. These Birds Lay Out Home Sites and Build Cities. Penguins mostly spend their lives on the water, but when, during the breed- Ing season, they, are obliged to seek the shore they establish cities, many acres often being laid out in squares, composed of what might be called streets, running at right angles. The birds not only lay out their city after picking up all the loose stones till the whole place is as smooth as a board Boor, but they take possession in cou ples, each pair selecting a home site, not to build a nest, but merely to se cure a particular spot on the bare ground. The hen lays one egg, and only one, and during the time of incubation the male bird brings her food from the sea or sits on the egg awhile himself if she wants to go out and take a swim. The lady penguins grow so fat and sleek under the good care of their faithful mates that they are eagerly hunted at the breeding season. The old birds are tough and fishy, but the tender young matrons are in great demand, both for their oil and flesh. Even the eggs have an oily and fishy flavor and taste as hens' eggs might if cooked In parafßn. The pen guin has vWings, like other birds, but they are altogether too short to fly with, though they assist him some what in waddling over the ground.— Cornhill Magazine. Nature's Perch Clamp. "Chickens and other birds roosting on I a perch no bigger than a lead pencil ' never fall off. Do you know why?" (i said a farmer. | "The tendon of a roosting bird's leg ; is so constructed that when the leg is ■ bent at the knee the claws have to con tract—can't open till the leg is straight- ; ened out again. j "Thus a chicken gets on its perch, bends its knee to be comfortable and with that bending locks itself, as with a key, to the wood. It can't fall off. Put a chicken on your finger and then make it sit down. Its claws will clamp your finger tight and be unable to let go until the' bird stands up again. Na ture, very kindly, has so constructed roosting birds that the act of settling down clamps them to their perch." Shelley's Heart. A well known and very prominent English family are the possessors of a remarkable relic in the shape of a hu man heart preserved in a jar of alco hol. It appears that Shelley, the poet, feared that there was a chance of be ing buried alive. To guard against any such a contingency he left direc tions that his heart should be removed Immediately after death. The queer relic may still be seen by any one who visits Bascombe manor, Bournemouth, England. Force of Perseverance. There are two ways of attaining an important end— force and perseverance. Force falls to the lot only of the privi leged few, but austere and sustained perseverance can be practiced by the most insignificant. Its silent power grows irresistible with time. — Mme. Swetchine. The Ifautilus. The idea of airtight compartments in ships was suggested by the peculiar construction of the nautilus. The shell of this animal has forty or. fifty com-, partments, into which air or water may be admitted, to allow the occupant to sink or float, as it pleases. Absentminded. One of the most brilliant of all Baton's masters some years ago was a very absentminded man. He was re ported to have been seen one day chas ing a hen down Windsor hill in the fond belief that, she was his hat! Malicious. Miss t Longyears— You know I have been called good looking. Cynicns— l dare say. The standards of beauty Change every ten years or so.— St Louis Post-Dispatch. ■ - Sarcastic. Young Doctor— He seems to have ev ery confidence in my ability to save him. Old Doctor— ls he delirious on other subjects also?— Judge. The T? on y° ur P re scrip- J-JM tion is the doctor's way of saying "take." With us it means lightness in every detail relating to the prescriptions. It don't mean so much to every drug- gist but it is a sacred mark with us. H. A. F. MILLER Prescription Druggist Phone 37 Second store from Bank I THE CHANCE OF THE SEASON I || For trie remainder of June we will take your order and §§ II measurement fora Royal Tailor made Suit at 20 per cent dis- || 4 count from price. II II This[onlyL holds good for June. Place your order at once || (I for^your Summer Suit and make a saving from $3.00 to $6.00. |1 !| We absolutely guarantee fit and satisfaction or money refunded. B §| ■ , . Our store will be closed hereafter on Sunday IK i I ThejValley Mercantile Co. I m El Centro, California. if ___ _. _. ' i*^^ •- *" >"^ r^^ -^ ,^^^7^^^^ j. stani(pfsrfTciu^rnr gHomeseekers —^f I Colonists I sx* ;? Should take advantage of the excellent Tourist Car service from 5*5 fi New Orleans to the Imperial Settlements maintained by [V] g| SOUTHERN PACIFIC g y^^^lff^m^ or l n f° rrnat * on Write or Ask Agent, IJI mr l^l^^™^3 261 South s P rin £ Street, jQ* O *- os Angeles, Cal.irw Job Printing at the t. • * Imperial Valley Press Office W, J, iViitcßell, watcH Eighth Street IfIPERIAL, CALIFORNIA