The Seattle Star Newspaper, November 4, 1907, Page 1

out Value. the company, is in June, 1907, is @ claimed by 7 te win September, 1907 Seattie Klectric pring to float representing Pmittion dollars eharacteristic finance company is en tte taxes by franchises are ‘This is an ef ite of public ser €ttreme of public and the extreme of ie tax dodging, lies the ts are called up Parish wrestled for several if and. in an ef. Within the limits of Getimated the value - fran: for purposes of A 82.875. Already the . £. B. Palmer, its 0 Made & return of its it Usted the fran ne the Cireular of Aug bi the conclusion that the Valuation of $62.94 was Protests. |e le tears the “Wepresentatives came ) county en of equall @ returned b the aseessor in June _ bosrd of equalization BM by the compa oud Ee Serious to avoid th . reduced the ss fh by the assessor to Me board of equ with the que ne at O ME aod came to the franchise a by a by 64 Sonclosion the wi Bieetric con Mt 91,702,84; tomes the Y With = more hs dodg! More cu Ff the actual inwue fte anit t wy Collecting be Asters est PHAN aac. cat in rq fs wo A Furth bai for Pranchiee , FeRrE Ago Jac oyraal tree the compa UM Seattio. fo. iene? Ptid bin tue? Sfidavit, 3 eompan y h Shuffleton par Methods which mY the indict eeeeeeer eee eee eee eee ee eee #8 THE SEATTLE ELECTRIC COMPANY'S FRAN. CHISE REALLY WORTH? as shown hy @ circular jseved August 1, Stone & Webster, Boston, general manag #8 returned by the company for assesament Bs determined by County Assessor Parish it purposes for 1907, is the company before the of equalization in August, 1907, as determined by the -“ determined by the state board of equal- #8 claimed by the company in its suit to pthe collection of taxes on it, is & WHAT (6 IT REALLY WORTH? eee eee eee eee eee 2 ee je a value of! these two! tax sulis to lo | $8,024,000 63,940 5,182,675 182,675 county board of 4,606,895 1,702,881 0,000,000 agents and of its president by @rand fury of 1903. During years since then the financial faire of the cx Pee ee eee ee eee ee ee ee Suit Brought to Prevent Franchise Assessment, Company Says Right to Do Business Is With- the the af yany have so prow pered that those franchises have, according to the company's claims. become value And yet the company is far from bankrupt. its amounted in 1 Increased in 1904 to $2,321 #12, and in 19 the 12 1907, they we § to 93,10 which had months ending with May 31, ® $3,436,335, and for the year 1907 they will exceed $5. 500,600 Company's Earnings 8 The net carnings of the company for the year ending May 31, 1907 were $806,187 These figures are from the circular issued by Stone | & Webster on August 1, 190 This is equal to 5 per cent interest on more than the entire $16,000,000 of the company’s capitalization at that time, and the circular shows that the market value of the company's property at the time it was issued was $15. Taking 60 per cent of but a tion of this actual market va! Parish assessed all of th 58,000. per Mr pany's property at $8,406,670. The board T reduced this to $7,921.5 my now asks that it ther reduced by the amount the value placed on its franchise of $4,696,895, leaving the assessed alue of its property, worth $1 600, at but $3,224.66 The issue in he Seattle Klect § property sing 4 tor despite a cedents, has been 1907 at 52 per cent RRR * * SIOUK ON WARPATH. * * OMAHA, Neb, Nov. 4 @ Bight compar a cn * eing rushed t ' * ¢, 8. D., to quiet the o ar ho are about te & oxpected If the F * arrive in time. ” RRR E Ve any's suit is this. The com tax as of It f* reasonably worth. The ee eee eee ee ee ee DR. BUCKLEY RESIGNS vb ency VERY STRONG By United Press.) Stock opened at a materially lower level rday's final figures. josing 3 potnta on the initial et of the bet This break was ® poor bank state whieh brought ont many Nquidating orders from scared outsiders Union Directly aft stimulus of urgent bidding from investment *, the market enjoyed a quick The feature of was the numerous buying ordera re colved from foreign houses the exchange was flooded with buying orders crowd into a tremor And causing a genera! scra: Union Pacific the upturn Short throw ke for and Pennasy! 5 points from the low and The | vania gained Reading each gained 4 pointe. |stose was strong Leland Cofer States Public government efforts to comba conferring with board of health government health officer A. 8. ities to Dr paign against the Bourne. made taking hold. It is expected that Moore thie|the eity council will take action Accompanied morning folk SEATTLE, WASH, MONDAY, NOVEMBER 4, 1907, | ENTERTAINS AT MUBICALE. Mrs. Henry ©. Ewing in hostess this afternoon at a musicale at her residence, 621 Belmont ay. N., for members of chapter A, P. K. O., and thelr friends. Mre. Ira W. Hick and Mre William Harbaugh will aneiet the hostess. The muste will be given by Mra. Sylvia Ware Ire and, Mre. William D. Ch White and| RE tee: SERENE eRe cbuggie! a tatiaalaelialalbale® STRIKE END NEAR. (By United Press.) CHICAGO, Nov. 4--The committee of telegraphers font to New York to negotiate & bettlement of the etrike with the teleg: companies wii! make tte official report tomor row, The nature of the re port is unknown, but the gen eral feeling \e that the strike will be called off thie week. * ¢eeeeeeee ee seeee eette tee ee rer T Cee eee ee eee STAR © WHAT IS FRANCHISE OF SEATTLE Q ~ VOL, 9. NO. 118, PRICE 25 PURPOSE OF SELLING BONDS, COMPANY SAYS IT IS WORTH $8,000,000; FOR PURPOSE OF TAXA TION COMPANY FIXES THE VALUE AT $0,000,000 NEY MARKET AND COURT ROOM STORIES DONT AGREE E STAR IS THE ONLY PAPER IN SEATTLE RECEIVING A FULL LEASED WIRE TELEGRAPH SERVIC WEATHER FORECAST—OCCASIONAL RAIN TONIGHT AND LE sl LIGHT 8OUTH WINDS. PER MONTH. BLETHEN AND COAL COMBINE TRY TO BLOCK UNION MINE + Attempt Made Through The Times to Gain Control of Coal Property Purchased by Central Labor Council. ter, and, upon being interrupted gave out the informetion that he had only half finished. The meet ing was adjourned sine die. There With Hie Book. It was after this that the park committee of the elty council at tempted to hold a meeting for the PRAHA Ee ew MiscURSiCN of business, but Melody : INSTRUCTIONS The Seattle banks today began house system sow in force in throughout the United States. Neo coin or currency wil house, but wil! met be paid in banke only through e clearing on a checking basis, banks as uewal. only. Get excited. | gteeeseseeeeeeeeeseeeeett if you are a depositor in a Seattle bank, and wish to pay @ bill or @ debt, draw @ check en your bank, mark it “Payable your baker, grocer or merchant if accustomed to pay your bille by check, : in other words, business will be transacted among banks # | Transact your business with your bank 7 TO THE PUBLIC : began gperating under the clearing * the principal cities and towns * * paid out except In email * amounts for emergency purposes. * Checks of depositors will be hoteted through the clearing # cash over the counters of the # ” and the check to # as you have always done, * *) Checks and drafte will be received for deposit by the *# vings deposite cannet be withdrawn until the required # notice hae been given, and then under cl ing house rules # * waual and don't * 7 * ee ee ee ee | i A LT ARN that he can make a full report to the | the council tonight to take charge of the Seattle ping! During the afternoon a meeting Board Meeting Called. to of the board of health was held to 8.\ straighten out any difficulties of the which might arise in the transfer of of authority in the plague campaign A. from the hands of the local author Cofer in| Dr. Cofer will not take charge of plague work until tomorrow, awaiting a full adjustment of authority and fesponsibility before f tonight, authorising the health de make & report | partment to work under the direo done | tion of Dr. Cofer to avold any up clashes in the enforcement of and | plague regulations inspectors} Dr. Cofer will take up bis bend again he essayed to Instill the th | essence of his original researches » the minds of the nis efforts were of result HERE TO FIGHT THE PLAGUE De Leland Cofer, Government Hhpurt, Anvies tit attle to Take Up Work of Eradicating Menacing Disease—Urges War on Rats. United at work and the progress mad@ eo} quarters temporarily in the present health department buflding, await ing the completion of the plague headquarters at Sixth av. and King fp Bn interview this morning, Dr Cofer fully approved of the fullest publicity in dealing with plague } Approves Publicity. | “The public should be made |folly aWare of conditions and the (dangers of plague #0 that they will do all that can be done to com bat it,” he seid. “By following such & course the plague can be wiped out, bat it could never be eradicat 4 by following the policy of cover ing it up a@ was done when the plague first appea in San Fran claed. At present, San Francisco has the plague well in hand and there is no reason why It should not be kept down in Seattle, if proper methods are followed. Extérmination of rats is the only effective method of preventing spreadjof plague. If o large num ber of rats are allowed to become infeeted there will be an increas ing number of plague cases WITNESSES TESTIFY TO INSANITY OF Actions of Queer Man Told in Court by Those Who Knew Him in Life and Believed He Was Mentally Unbalanced---He Was a Thorn in Flesh of Park CHOIR placed om the witness stand in the will contest case this morning Melody Has Chance, jofy attended, all lit up with he fire f new resolver and at last, convinced that he had beer divine right to lead the t rabid parking fiend He carried his book on “Parkolow under hi mm, and let it be known called devoted band emb t he had come to re it. There were tests from ce the board, who Was there with his book, which con tained all that was known and much that had been forgotten on parks sand again he tried to read it, That eting broke up in confusion mite never quite despaired of some day finishing the reading of the fi pus work, but as they she afterwards neglected to send him notices of meetings of the park board, the opportunity never again presented |taeif, witnesses were examined testante of the will this in an attempt to make a showing of the old man's insanity and all of them testified that they beliey mentally unsound Attor C, Hughes wae th | first witness called, and he detatied an acquaintance with Melody Chotr extending over a pe of about 17 years, but particularly in con nection with the time he repre sented him as attorney mm a tax title sult and which Chotr finally jost in the supreme court. the Courts. Hie defeat he took most bitt and alwaye after accused the m bers of the court with dishonest prejudice against him. John W. Thatcher, assistant city treasurer, George W. Duulap, John C. Matrous, real estate men, had known him more or lees intimately and all united tn saying that they thought him uneound of mind. His personal appearance was extremely filthy and his presence very of fensive F. B Crockett, former assessor had his troubles trying to make Chotr understand that they were not robbing him, @ trouble which he admitted experiencing quite fre quentiy, Oscar A. Wise, deputy sheriff, thought the old man crazy The hearing of the case is being Accu continued this afternoon and this evening See RH * FLEET READY FOR A * FIGHT OR A FROLIC * o (By United Press.) * WASHINGTON, Nov. 4 # Rumors that Admiral Evans # will disciplined on account # of the speech he made before # the Lotus club New York # on Saturday, in which he said ® “a fight ” are *® groundless. It 1 ecre # that the Meet will be in figt ® ing trim when ft sa he ® the officials of the navy a ® partment say that Admira # Evans betrayed no officta * secret + ee ee Callfornia Holidays. SAN FRANCISOO. v4 h Wednesday morning, whe t STEAMER SINKS (By United Press.) Pee eee ee eee ee ee eee ees | | wae approached by a leading real estate man on Mon day with this deciaration: “1 have $77,000 in the Scandinavian-American bank draw. ing me but 4 per cent interest. If the new coal organization or the Labor Tempie people would like to borrow $70,000 of that money at 5 per cent, | am willing to make arrangements immediately and turn it over to them.” | told the party that | would communicate this matter to you ss seen as i could get to it—and this is my first op portunity, 1 do not know whether you could listen to such a propo sition or not, but feel bound to put it before you and if you would like to discuss the matter further, either come and see me, or send the proper parties to me. Respectfully, Mr. George H. Monroe, Labor Temple, Seattle. A. J. BLETHEN, oP P PP PP eee ee ee ee ee ee oe SRE ERERRRERRe Sees eee ee eee eeeeeceee® Having fatied through th 1 t, A.J of Alden J. Blethen to get control & 4 of the Independent co-operative coal the Labor Ten : dering the committee a loan of company organized and backed by g7o 900 of money of “a real organized labor, the “coal combine” | estate un” at & per cent, to be has, through the columns of the ‘ted {n the organization of a pub- Times, turned its batteries upon |e fue ia: tokoe. ete is bs The aw in this offer « yor mpla coal movement | onty an on the part of in an effort to discredit that move-|the coal combine to get control of ment jthe Labor Temple association and From ite very beginning the La-|t® manipulate it im the interests coal movement has on. (2f,th® Combine. Acting on that al movement has en- | theory ffer was ignored countered vigorous and under Finding that bis offer of the handed opposition from the inter-| coal combine ests back of the coal combine. A to finance few weeks ago this opposition took ment was turned down, the form of the organization with and his ylie fuel market the assistance of the s:mes of what |¢red negotiations with the purported to be a public fuel mar- | T ket association & % money with which the Labor Temple move- Blethen sev- Labor mple movement and resolved it alone. The apparent purpose to This association undertook to of this action ts to discredit and d off the Labor Temp move ther it the plans of the Le ment, first by seeking to associate | bor T omunittee. itself with that movement and get This has, however, failed control of ft, and second by de claring the plans of that movement impracticable. plans to The Labor Temple committee is going ahead with Its elop an independent While the coal combine’s public! mining property and to supply coal fuel market organize by the Times was endeavoring to get con-| with th trol of the Labor Temple coal’ its seer able prices in ¢ t machinations. ROOSEVELT etition coal combine, and despite ee TO LET UP (By United Press.) WASHINGTON Nov. 4 While already much better feeling nding between President Roosevelt s not adr 1 the grea: financiers in any way contribute This is regarded substantial pro een made tow financially ace of a great danger cause at " , 1 week before reiw ed He president's resent . fing to ¢ i out, and there are c ed ar ha will do nothing with hin One of th most h n t ” n b turmoil and excite. f ar th t eh nm | me TOZIER COMING WITH PROXIES (By United Press.) N ore VALDE . ' tke Re Fairbanks for Home Rule « BAN CLEARINGS. ry * Seattle " 3 s * Acoma w ; * , * Portland * $ * © 4eb4t tHe et