Omaha Daily Bee Newspaper, January 14, 1910, Page 1

A [3 ‘A THE OMAHA BEE & clean, reliable newspaper that is admitted to each and every home. HE OMAHA DAILY BEE VOL. {XXIX—NO.- 159. WEATHER FORECAST. For Nebraska—8now and colder For lowa-~8now and colder For weather report see page 2 OMAHA, FRIDAY REID OUT OF ROCK ISLAND? Rumor that His Holdings of Preferred Stock Are Taken Over ™ e Moore and Fi WALKER HEAD OF 1 z { £y . 2 Former Assistant Counsel, ‘7;_ Holding Company ‘ CHAIRMAN OF | Mr, Reid to Remain Director in Each Corporation. ECHO OF RECENT MANIPULATION President of Wa Sayn ALSO Street Exchange Bxecution of Pl Order Could Omnly Disturh Market, NKEW YORK, Jan. 1% — Important changes are pending in the Roek Island company and its affillated properties other than the announced elevation today of Rob- ert Walker, former assistant general coun- sel of the Chicago, Rock Island & Pacific rallway to the presidency of the Rock Isl- and company to succeed Richard A. Jack- son, restgned, 3 These changes, it 18 said on high auth ity, Involve the taking over of Danlel C. Reld's holdings of Roek lsiand preferred stock by prominent banking interests act- ing In conjunction with certain foreign finanglers. According to well defined infor- mation Willlem H. Moore of the Roek Island company fs conducting the negotia- tions for the bankers and the consumma- tion of/the deal will carry control to Mr. Moore and the proposed new interests, Varlous reports in connection with Mr. Jackson's resignation were current, but no contirmation was obtainable in official quarters. 1t {s generally belleved his re- tirement resulted from a rupture of his hitherto friendly relations with Mr. Reld. Reld Practically Retired. Mr. Walker succeeds Mr. Reid as chair- man of the board of the Chicago. Rock Island and Pacific company, but Mr. Reid remains as director of the Chlcago, Rock Island & Pacific company and of the Rock Island company. The elevation of Mr., Walker colncident with the suspension of the members of the Stock exchange for their participation in that 40,0000 shave market order that sent Rock Island up 81 points In a jitfy, is taken to mean that Willlem H. Moore in the future will be In more active direction of Rock Island affairs. The supposed difference between Mr. Reld and Mr. Moore are sald to have some con- nection wtih stock exchange transactions. Brokers Are Suspended. The suspension of O. B. Chapin and F, D. | Countiss were announced from the stock exchange by President Thomas today. AccompaiyIig ‘the announcement was a stdtement by the governors of the stock exohange, who, after reciting that the of- fending firm had recelved an order for the purchase of the 40,000 shares of Rock Island stock and gave it out to other brokers to execute, said: “That sald tirm and members thereof should have known that execution of an order in such a manner could serve no proper or legitimate purpose; that it would eausé panie, confusion and loss, and de- prive the quotations of transactions from the exchange of their value as standards of the real market value of securities, “That the execution of sald order in id° manner by sald firm constituted a misuse by them of facilities of the ex- change and was an act detrimental to the interests and welfare of the exchange.” SCHIFF LEAVES UNION PACIFIC Suceeeded on Board by Otto H. Kuhn, New York Banker. NEW YORK, Jan. 18.—Jacob H. Schiff has resigned from the executive commitiee ard dircetorate of the Union Pacific and Southern Paclfic companies. Mr. Schiff Is suceeeded on the Union Pacific board and executive committee by Otto H. Kuhn of Kuhn, Loeb & Co, and on the Southern Pacific executive committee and board of directors by Mr. Schitf's son, Mortimer L. Schift. Mr, Schiff also retired from the exceutive committee and directorate of the Oregon Short Line, where his son also succeeds him, The Oregon Rallroad company’s directors have elected William Mahl, the comptroller, to the vice presi- dency, to fill the vacancy created by the eleotion of Mr. Lovatt to the companv's presidoney. New directors chosen to the board of that company are Mortimer L. Schiff, Otto H. Kuhn, R. L. Gerry and Williani G. Rockefeller. These, ©. Frick, were chosen to. the executive committee, which was increased from five to seven, Messrs. Lovett and Mah! being the other two members. Me Rockefeller and Kuhn were also added to the Oregon Short Line directorate and executive committee, FORMER OMAHA PASTOR IN FIELD WORK FOR COLLEGE Rev. A, C. Christy Brown Elected to Responaible Place in Wiscon- sin School. WAUKESHA, Wis., Jan. 13.—(Special.)— Rev. A. Christy Brown, D. D. formaerly superintendent of missions in North Dakota and recently connected with Jamestown college, has been called to the position of tield representative and special lecturer of Carroll college and entered upon his du!le: Dr. Brown Is a graduate of Western Re- serve college and Union Theological sbu nary and hes held pastorates in Peoria, Iii,, and In Omaba. He is & man of large ex- perience In educational work and is ex- pectéd to become a great factor In the turther development of Carroll college, which has large plans for the increasing of Its endowment and erection of new buil- ings. Dr. Brown will co-operate with the board of trustees and the president of the college in developing these plans. His fam. 1ly Is at present In Fargo, N. D, but wi later move to Waukesha. "WARNEH'S NAME TO SENATE Presldent Taft Nominates States Marshal fo ond Term WASHINGTON, Jan., 13.—(Special Tele- gram.)~President Taft sent to the sena today the nomination of Willlam P. War- ner of Nebraska to be United States mar- shall for the dietrict of Nebraska. and Navigation United See- ‘@, with Henry | 1[Big Steamship 1 i1s Damaged by Heavy Storms | | | Hamburg-American Liner Loses Port Rail and Five Passengers Are Hurt, ! PLYMOUTH, England, Jan. 13.—Captains lof steamships arriving from the westward \eport tiie severest weather during the last veek that has been experfenced in & trans- \lantic voyage for & long time. So far as W be learned none of the liners is making Ledule time, NEW YORK, Jan. 13.—Wireless reports |recelved here. today indicate that the At- |lantie Steamship line is swept by severe stofms which have worked haveo to at least one ocean liner. The worst sufferer from the wild weather, 50 far as reported, is the Hamburg-Ameri- can steamer Kalserin Auguste Victorla, which, according to the dispatches, put into Plymouth with its port rail torn away for a distance of fifty feet by a wave that caught and threw down a score of passen- gers who were on deck, five of whom were quite badly burt. The glant comber almost threw the ship on its beam ends, but it rose to the attack of the seas and rode out the rest of the storm without further injury. Its captain declared the tempest the worst he had ever encountered. Another vessel In the track of the storm is the Cunard liner Lusitania, due here to- |night, but reported running through heavy seas and twelve hours late. Wanted to Elope, Takes Army School Harold Pritchett Compromises with His Father and Goes to Jeffer- |wn Barracks Academy. ST. LOUIS, Jan. 13.—(Speclal.)—Former United States District Attorney George B. Pritchett of Omaha, Neb., arrived in St. Louls yesterday with his son, Harold Prit- chett, and put the lad In charge of the authorities at Jefferson barracks in an ef- fort to keep the boy from getting married. Harold, who is 18 years old, was restrained with difficulty from eloping at Omaha, and, according to his father, desisted from his desire only on one condition, that he be allowed to enter West Point. | As @ result of his son's decision, Mr. Pritchett secured his appointment to the Military academy, and yesterday arrived with young Pritchett and personally took him to Jefferson barracks, where he began his entrance examination test. The elder Pritchett was formerly a captain n Com- pany E, One Hundred and Twenty-sixth New York Infantry, and saw service dur- ing the civil war, Federal Coatrol of Open Range Live Stock Men Endorse Pinchot Over Protest of Colorado Delegates. DENVER, Jan. 13.—The Natlonal Live Stock association at its final session today overwhelmingly declared in favor of fed- eral control of the open range. Despite the proteests of Colorado delegates the resolution commending the administration of Gifford Pinchot and advocating a range lense law under federal control was adopted. Resolutions condemning the Payne tariff law, advocating the Increase of power of the Interstate. Commerce commission and the fixing of a minimum speed lmit for stock trains were also adopted. No Change in Forestry Policy Prof, Graves Expresses Himself in Favor of Kef.h\odl Used by Pinchot. NEW HAVEN, Conn, Jan. 13—Prof. Henry S. Graves of Yale, newly appointed national forester, today expressed himself in favor of the policy pursued by Mr. Pin- chot as chief of the forestry service. So far as he knew, there would be no re- organization of the service, said Prof. Graves. His only poliey was the conserva- ton of the public resources and this was being done. |C. H. DIETRICH WILL SOON LEAVE FOR WASHINGTON Ex-Senator Much Improved, but Will Need Complete Rest for Seve eral Months, Former Senator Dietrich, who has been at the Methodist hospital several months, will go to Washington next week to remaln there until summer. Although much im- proved in health his physiclans have pre- scribed complete rest for several months to prevent a recurrence of his recent col- lapse. THIRTY DEAD, ONE SURVIVES Steamer Czarina is Wrecked on Spit at Entrance to Coos Bay, Oregon. DRIVEN ONTO BAR BY STORM ‘Waves Break Over it and Crew Takes Refuge in Rigging. DROP INTO SEA ONE BY ONE Assistant Engineer Ashore on Plank. First Drifts LIFE LINES ARE T00 SHORT All Efforts Prove Futile Crowd ore Sees Benumbed Men Fall Inte the ley Waves. \MARSHFIELD, Ore, Jan. 18.—Another tragedy of the sea has beem written into the records of marine didasters on the grim North Pacific coast, through the loss of the iron steamer rin, yesterday afternoon on the north spit of the Coos bay bar, with a loss of thirty)lives. A solitary survivor, Harry/Kensel, first assistant engineer of the wrecked vessel, is the only llving testimonial to herolc efforts made by the United States lite saving crew and citizens of Marshfield to help the doomed ship's company. Kentzel's escape last night is a wonder- ful story of man's endurance and physical strength. When the ship piled on the rock, with six or seven others he took to the rigging of the foremast. Sea after sea smashed over the vessel, the decks were awash and wreckage was floating about. Suddenly a tremendous mea §Wept the ship and Kentzel and his companions were washed from thelr places, Kentzel was swept toward land, but time and again he was carried out to sea by shift- ing currents. He managed to get hold of a plece of timber and was slowly driven shoreward. As he neared the beach he could see the rescuers, Then consclousness left him and he knew nothing more untll he came | to on the heach beside a big fire. He had! been brovght back to life after several| hours' vigorous treatment. He is in the hands of physiclans and tonight is on the road to recovery. Kentzel lives In San Francisco. Six Survive Night. When darkness fell last night it was be- lieved that all on board the Czarina were lost. The bolling combers dashed over the vessel and it seemed that no human being could live through the terrible night. But when the first gleam of dawn came those on the beach described six forms in the rigging of the only remaining mast and hope was renewed that the day would bring their reseuc. But the gale showed no slgns of abating. Suddenly one of the six men dropped into the sea. Soon aonther surrendered and then @& thifd was seen to fall into the water. A little later and the watchers on shore saw through their glasses the last fight of brave men facing death. As it by agree- ment they began to rid themselves of thelr heavier clothing and then together. they sprang Into the bolling sea. They were not seen again. The identity of the six who survived the terrible night never ‘will be known defin- itely, but it is belleved they were Captaln C. J. Duggan of San Franclsco, Second Mate John McNichols of San Francisco, First Officer James Hughes of San Fran- clsco, Harold Millls, the only passenger, son of General Manager C. J. Millis of the Southern Pacific company in Marshtield, and two saflors, Start Made in Storm. The Czarina left here yesterday after- noon in the face of a storm, bound for San Francisco. It had braved many gales and the commander apparently saw no reason for delaying its departure. He wished to take advantage of the tide and steamed slowly down the bay toward the bar, a few of young Millls' friends and friends of the crew remaining on the wharf to wit- ness its passage over the bar, which was breaking badly. Suddenly a series of big seas struck the | vessel, pitching it about, but it continued | to fight its way on toward the open sea. Then something happened. What it was will never be known. The vessel appeared to stop and sea after sea struck it, some waves pliing over its decks. Then it be- gan to drift rapidiy toward the ugly North | spit. It Is probable that something went | wrong with the rudder, as the ship seemed to be beyond control. Then its anchor was dropped, but it would not hold, and with | its rudder out of commission and big seas | pounding 1t, the fnevitable happened. The ship struck the spit and there it hung. Life Lines Fall Short. | News of the disaster spread quickly and | In a few moments the beach was lined | with people. The life saving crew was no- tified and a tugboat was sent out, but mo boat could approach near the vessel and keep afloat. The life saving crew made | several attempts to fire life lines over the steamer, but all fell short. When dark- ness came virtually all hope that any would be saved was abandoned. A man of advanced yvears walked into the office where Charles Furay, marriage license clerk, dispenses at §2 each, permits to endow a girl or widow, or divorcee with | all one's earthly goods. | The Patriarch wore a brown overcoat, & | long white beard, and a perturbed expres sion. He stood first on one foot, then on |the other. His manner wis decidedly | fidgety. Finally he spoke: | "Kin you tell me, young feller, if Mrs. | Lydy Heckler got a license to wed today?" Mr. Furay consulted the book and re- plied: “Yos, Mrs. Lydia Heckler, aged 8 and James Raynor of Hillside, aged 7, are duly authorized to hitch up.” “Well 1 swan,” murmured the patriarch in pensive sollloquy. Then he departed without vouchsafing his name. It is sus- | pected that he is the first husband of Mrs, Heckler. The two were divorced two years 0. Divorced Patriarch Finds | ; Wife Has Wed Another| A Mttle later, in came J. Herbert Kough of Omaha. Mr. Kough was seeking a li- cense to marry Mrs. Anna Kough. A di- voree decree severed these two, but life apart is deemed unhappler than life to- gether. County Judge Leslie performed the re-uniting ceremony. A third visitor of the day was & young woman, who came to hand Mr. Furay §1, cash In coin of the realm. Not long ago an Impecunious bridegroom- to-be with more devotion than ducats was gotting a license at 4:5 p. m. When it was necessary to hand over § for the permit he was unable to come through. He was to be married that evening and, so for the first time, the obliging Mr. Furay broke his rule not to lend impecunious bride- §rooms the price of & license. The §1 has thus been bald back by the groom, but the Query arises, has the clergyman yet got his? Olson MOR: VING, JANUARY 14, 1910—-TEN PAGES. SINGLE COPY TWO CENTS AR i ‘Will it Be a Case of ‘“The Bigger the Man the Bigger the Stick?’’ From the Phll!:lphln Record. LAMPHERE TE‘LS OF CRIMES Accomplice of Mrs, Gunness Describes Methods of Murderess. ADMITS HE KILLED WOMAN With Companion Chloroforme Her and, Children and Burned House by Accldental $park Set by Candie: 8T, LOUIS, Jan. 13.—Ray. here, who died recently In the Tndiana penitentiary at Michigan City while serving a life term for complicity in the murders on the farm of Mrs. Bella @unness, near Laporte, Ind., dld not carry the secrets of the Gunness charnel farm to the tomb with him, ac- cording to a.copyrighted story In the Post Dispatch today. When he belleved death was near he confessed. The confession was made to Rev. Dr. B, A. Schell, formerly pastor of the Laporte Methodist church, now president of Iowa Wesleyan university at Mount ‘Pleasant, Ia., and held by him inviolate as a secret of the confessional. The Post-Dispatch says Rev. Mr. Schell would verify, if he would consent to break the silence, the confession it publishes. The Post-Dispatch however, says the confession it publishes was made to a man of unassailable char- acter. Lamphere, according to the confession, had a gulity knowledge of the murder of three men in the Gunness home during the time he lived there, about eight months in 1907, and he assisted Mrs. Gunness in dis- | posing of the bodies of the three men, Chloroformed Mrs. Gunness, He sald ne thought he had not recelved s much of the profits of the transaction as he considered himself entitled to and he went to the house at night with a woman, chloroformed Mrs. Gunness, her three chil- dren and Jennie Olson. He and the woman then searched the house, finding between $60 and $70. The light they used was a candle and they left the housé without knowing they had left behind a spark that soon burst into flames. Mrs, Gunness' method of killing her vic- tims, Lamphere sald, was. first to chloro- form them as they slept and then If the drug did not itself kill to sever the heads with an ax. Each time a man was to be murdered, according to Lamphere, she sent him to purchase chloroform. Lamphere sald he saw one of the men killed and aided in burying all three, These men were Andrew Helgeleln and probably old Budsberg and Tonnes Petersen Lien. Lien, Lamphere thought, was the third husband of Mrs. Gunness, At the time of the Lamphere trial it was thought Jennie had been killed by Mrs. Gunness. Lamphere, however, detafls how Mrs, Gun- ness had secreted her In the house after she returned from a visit and she was chloroformed by Lamphere and his acoom plice. Firat Vietim from Minnesota. The confession says Mrs. Gunness in- formed Lamphere of the coming of her b (Continued on Second Page.) Let us help you find the room you want. ~ On the Want Ad page of The Bee you will find a list of practically every vacant room in Omaha. The people who have rooms to rent are learn- ing that the way to secure ten- ants is to advertise the rooms in The Bee. Have you today? read the want ads NorfolkMayor in Ouster Suit Just Like Jim Fellow Democrat Charges Mayor Fri- day with Failure to En- force Law. NORFOLK, Neb., Jan. 13.—(Special Telé- gram.)—The filing of a demand Wi 0! erpor Shallenberger by A, a local bullding eentractor, ecaliing for the ousting of Mayor John Friday of Norfolk, today caused a political sensation here. Morrison alleges that Friday has failed to enforce laws providing for the suppression of aisorderly houses. The state law pro- vides for the removal of a mayor neglect- ing to enforce the law. Morrison also filed complaints against four alleged owners of Norfolk houses, rented for immoral pur- poses. He claims to have evidence. Morri- son and Friday are both democrats and Morrison claims to be friendly personally to the mayor. The alleged owners coni- plained of are Fern McDonald and the Eble estate of Norfolk, A. R. Walters of Bloomfleld, Louis Sheldon of North Piatte. Farmer Killed in Fight with Knives One Man Disembowels Another in Drunken Row at Aber- deen, 8. D. ABERDEEN, 8. D., Jan. 18.—(Special Tel- egram.)—In a drunken row on the Beard farm, two miles east of Aberdeen last night, Charles Storch, aged 40, a renter, disembowled Robert Franke, a farm hand, aged %. Franke died in a hospital here two hours later. Storch and Monka, an- other farm hand, the only witnesses to the Killing, came to town and gave themselves up to the sheritf. Storch, who is a small man, claims Franke was getting the best of him when he seized a butcher knife and bade Franke keep off. He claims Franke stumbled and fell on the knife, Jealously is alleged to be at the bottom of the trouble. * Storch is married and has tour children. Franke is single, CONGRESS NOT FOR ESTRADA Resolution to Leader Recognize Insurgent # President is Tabled. WASHINGTON, Jan. 13.—Congress will not direct the president to recognize Gen eral Estrada as president of Nicaragua The house committee on forelgn affairs to day laid on the table Representative Su zer's resolution providing for Estrada’ recognition as the “legitimate” president FICRT ON FEDERAL LICENSE | Administration Corporation Bill Will | Require Active Backing. MUST DEFINE RIGHTS OF STATES Congressmen Will Demand Clearly Defined Limits Where Nation ixed Concerns Are Affected by State Regulatio) WASHINGTON; Jan. 18.<Now that the main features of the bill to be recom- mended by the president providing for & tederal incorporation act have become known there s a disposition on the part of many members of congress to insist not only upon a full discussion of the measure but upon amendments which will in their Judgment be necessary to make it effective in dealing with great corporations. Indecd it is believed that nothing short of trem- endous administration influence will enact it into law. The need of a forfeiture clause by which can have its charter revoked to be absolutely necessary if corporations are to be effeetively controlled. Many congressional lawyers advocate compulsory Instead of voluntary federal in- corporation. They cite as sound the gen- eral principle that If congress has con- stitutional power to grant voluntary char- ters to corporations doing an Interstate businees, it has power to require corpors tions doing such business to take a fed- eral incorporation just as it has power to require them to comply with its laws regu- lating Interstate commerce. Affect on State's Rights. Among the questions that will come up for consideration is thal relating to the effect of federal incorporation upon the right of states to control and to tax the property of such enterprises. Some members of congress will wish to have the rights of the states clearly de fined In respect to such matters as regu- lations for sanitation and factory Inspec- tlon. They will also wish to reserve to the states their right to tax such property after the corporation has assumed its fed- eral charactgr. Some of them will wish, It possible, to separate the state from the interstate business so that the states may still have power to control in respect to business conducted by the corporation solely within the state, n twenty-one sections Attorney General v kersham has embodied the Ideas of President Taft and his cabinet regarding a system of federal incorporation of busi- ness enterprises. The bill Is expected to be lald before congress next week The principal feature of the bill will be he creation of & form of holding company under the national chartee which may con- trol business of subordinate companies or- zanized under state laws, Proper limitations will be providea (Continued on Second Page.) iflver 'N _ear ‘F l&)d Sfag € Break in Gorge Only Hope ST. LOUIS, Jan. 13.—The ice gorge which broke in the Missouri river at Hermann last night reached St. Louls this morning at 8 o'clock. Between 7:30 and § o'clock the Mississippi river here rose more than a foot and the gauge stood at 25.7 feet. The gorges below the city continue to hold and damage to shipping may result from the ice and high water. The danger stage is 30 feet The weather bureau notified business houses along the river that the flood stage is likely to be reached within twenty-four hours If the ice below St. Louls does not break. There is a possibility of the gorge breaking. The ferry boat Madison at Venice, Ili, was sunk by the gorge coming down th river. The wharf boat was torn from the moorings and floated down the river, The gauge here stood at 27 o'clock, & rise of 1.3 feet in an hour. TOPEKA, Kan.,, Jan. 13+-Bridges across feet at 9:30 | | ) the Kansas river at Willard, Valencla and away during the | Lecompton were night by ice jams. swept The water reached its tall slowly On the Marais Des Cygnes river a gorge Ottawa and by this morning it had | tended to that eity, blocking the channel The water was rising rapidly this morning and a force of men started out to dynamite the gorge In an attempt to prevent a flood. LAWRENCE, Kah., Jan, 13—The fce | Borge In the Kansas river reached Law | rence today, carrylog out a wagon bridge, | and causing several thousands dollars loss | between LeCompton, eleven miles west, |and Lawrence, The ice as It moved this way was tossed forty feet Into the alr, All traffic between Lawrence and North Lawrence was stopped and the electric light plant was shut down. Schools Ir North Lawrence were closed. a corporation persistently violating the law | is declared | T0 REORGANIZE PHONE COMPANY Committee of Five Men Appointed to Put Omaha Independent Plant on Its Feet. AGREEMENT FOR BONDHOLDERS Articles Drawn Up and Mailed Out Stating Terms. DEFAULT IN INTEREST THE CAUSE Uncompleted Condition of Plant Also Factor in Movement. MODE OF PROCEDURE T0 BE FIXED Reorganization May Mortgage or Otherwise, the Committee Sha Elect, Process of This Be by A reorganization of the Independent Tele- phone company of Omaha 18 belng worked out. A committee composed of these men has the scheme in charge: Frank H. Woods, president of the Lincoln Independ- ent Telephone company; Edson Rich, gen- eral attorney for the Union Pacific Rail- road company: Lysle I. Abbott, attorney at law; Frank B. Johhson, president of the Omaha Printing company, and Frederick W. Stearns of Chicago. Notices of the plan were last night sent to the bondholders, who control the prop- erty, and a tentative agreement that will bear dute of December 18 has been drawn and submitted to them. This agrecment stipulates that inasmuch as the company defaulted in the payment of its semi-annual Interest on April 15 1909, and October 15, 199, and made no pro- vision for the further payment of it and “that whereas the telephone exchangn constructed by the company is in an un- completed condition and no provision has been made for the completion of the same and the development of the business of the company and the bondholders, par- | ties' hereto of the first part, desiring!to unite to protect and enforce their rights and to secure a wise administration of the property of the sald company deem it necessary that a committee should be ap- peointed with full power to Investigate the conditions, affairs and status of the prop- erty and to take such action with regard thereto as to them shall seefn advisable, either by foreclosure or otherwise. Turn Over Bonds at Once. This agreement then stipulates that on or before February 1 the bondholders shall deposit all the bonds and unpald coupons with the Merchants National bank of Omaha or the Title Insurance and Trust company of Los Angeles, subject to the order and full control of the committee, transferring legal power and equitable title also. The bondholders shall be secured under this agreement with certificates rep- resenting the bonds, Any creditor of. tae compuny who holds bonds or coupons of this company, under this agreement, may become a party to this agreement. Also under this agree- ment this eommittee on reorganization shall “as soon as practicable” formulate a plan for its work and submit it to the interested parties by depositing it in the bank or trust company. This movement has been quietly promul- gated in the last month. Frank H. Woods of Lincoln brought the matter to a head when he sought to secure control of the local plant which, it was belleved for a while, would go into the hands of a re- celver, Woods recently gained the as- cendancy in the findependent . telephone world by getting elected national president at Chicago, One of the heaviest creditors—perhaps the heaviest—of the local company ls the Automatic Elettrical company of Chicago, | which has held a mechanics' lein against | the plant which it installed. According to the company's own state- ment, the total outstanding bonds amount to $2,400,000, dlvided in this way: First mortgage, authorized, issued, $1,600,000, 5§ per cent; sinking fund, $260,000, § per cent; gold bonds, $650,00. Of these bonds $1,60,- 00 were Issued for value and $400,00 as maximum early today and then began to | formed against a bridge two miles east of | ex- | cdllateral. Lysle Abbott controls those held in Oregon, $500,000; Stearns of Chicago | holds $400,000 and $400,000 are held in Los | Angeles, while Woods controls the re- | mainder. | Statement by the Compnny. For the fiscal year ended June 3, 1909, | the business and conditions of the company | were summed up in this statement filed by | the officers with the State Rallway com. | mission at Lincoln: i ——No. Bhares — Pra. 832 83 8,38 ekholders. B. 8. Baker, trustee | S8anford F. Harzls, truste F. B. Bbersole. W. C. Bullard.. F. Graves e Total, par value +§1,600,000 $2.500,00§ Number shares preferred stock Issued ’vllxnng the year, $7,500; par value, $760,000, BONDED DEBT, First mortgage (authorized, $3,350,- | " 000) iseued, 5 per cent.. +.$1,500,00¢ Binking fund, lssued, 5 . 250,000 per ¢ Gold bonds 660,000 | Total bonds outstanding.. BALANCE SHEET-ASSETS Cost of plant to June 30, 1908, | Bulldings and resl estat | Furniture ana fixtures Inventory Cash 2 b4 Accounts recelvable Acots. rec Total . 3 o = g 2 ! LIABILITIES Capital sto Bonded ind Bills payabl oy . vons rued interest (bills payabie rued Interest (bonds) Accounts payable (audited). Taxes acerued ........ . Due toll line companies. 8255 srze btedness NE Total ... 5 REVENUE ACCOLU Maintenance nine months, . General expenses 9 months. Opérating expenses 9 months. Interest on bonds (6 mo. only). ROtaLk s .01 on X BARNINGS, al revenue 9 months.. Toll revenue 9 months . All other e Loss | Re 75,5119 Total Rl § 133.320.8 Total number " of"switchboard stations 51%0; capacity of switchboards, 6,000, The company dos not own any toll lines, and has two exchange bulldings In Omaha, » DOLLAR PHONE sUIY Damuges for Alleged Frauds Claimed Auninst Allled Comp audulent, collusive and unauthorized,’ are the adfectives applied to a transfor of ON contracts by the Long Distance Independ ent Telephone company to the Centrd