Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1894-03-08
The Oregon Pacific.

The San Francisco Call of the
end inst. contains the following
news concerning the movement Of
Col. T., E. Hogg, who IS new ii
that city:
Down at section a of the seawall
is a steamer that is guarded e by &
deputy sheriff, who keeps lonely
watch over her day and night. 1t
is the Willamette Valley. at one
time the property of the Oregoh
Pacific company, but at present no
individual person or corporatier,
holds title to ner
"The vessel is plastered with
nearly SI25,ooo in attachments,
which is more than her intrinsic
value. "" =
''At local hotel, there has for
some weeks past resided oae ],
Eesnton Hogg, ex-receiyeF W the
Oregon Pacific compaiiysbu now
best known as citizen Of wealth
and aff1uence of Philadelphia. 81
".The creditors of the Oregon
Pacific ars eagerly watching the
steamer Willamette Valley, oherifr
McDade is marking the movements
of the creditors, T. Egenton Hogg
IS taking notes on the actions Of
both sheriff and creditors, and the
United states marshal IS more or
less interested in all.
"A new and complicated knot
has been tied in the tangle of af-
faifs of,he Oregon Pac,6r company.
TT was expected that SheriH
McDade at very near date would
offer at public auction the attach
ment-plastered steamer to the high
est blddse, Now It CONES ssj to to ligh.tt
that owing to marine claims and
mortgages filed on the vessel in
Oregon, the sheriff would find him,
self In serious difficulty ifhe follow
ed out the demands of the Oregon
Pacific company's creditors.
"The attached property will
probably have to be turned oyer to
the United States marshal to avoid
further litigation.
''But the figure that 7. Egenton
Hogg cuts in the case is by far the
most Important of any. Mr.. Hogg
has besn in san Fr.nc,sco for no
other reason than to see what
chances himself and a number of
other Eastern capitalists have to
buy in the Oregon Pacific when it
is offered for sale, as II u,ill be on
the 1st of June, Not only this,
but Hogg claims that he has re-
ceivers' certificates against the
Oxygen Pacifcc company which en-
title him to the first claim against
the Willamette Valley,
while acting as receiver for the
Oregon Pacific company, Hogg,
together with a trio Of spectators.
purchased the s.<amer III abe East,
bfoueb. ner around the Horn aud
.-aaeh sold her to the Oregon corpor-
alton, receiving part payment in
cash and part i'll esrtiAeatss, which
have never as yet been liquidated.
1T must be admitted that Greg
on people are of the opinion that if
the Hogg crowd should again get
control of the road it will be much
better for the people of that section
of the Northwest and also of San
Francisco, for in that case the va
quina route will again blossom forth
as an active rival OF the Southern
Pacific company.
lust how Hogs expects to make
his claim to virtual ownership
of the Willamette Valley stick has
not been made public consequently
a number of our leeal merchants are
not feeling at their best. opsr the
gloomy prospects of realizing any
thing OH their claims against the
steamer.
1T is asserted on good authority
that the Hoggs would, if they
again gained possession ofthe Ore
gon Pacific system, operate it i'm
mediately on much improved
plan,h