The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1895-01-03

cause will come on for hearing in walla
Walla.
This condition of affairs 10 in no way
harmful to the interests of the company
or Yakima county. The mortgage was
given to secure an issue OF 100000 in
bonds, in 1898; and $780, 900 Of bonds
have been issued and are now outstanding.
Judge Paxton, attorney for the plain
tiff, speaks thus highly OF the company
and the point at issue:
"rhe difficulty the Yakima Investment
company is involved in arises about as
follows: The bonds for which the mort
gage was made to the California Safe De.
post & Trust company were short time
bonds; 100000 OF them were to mature
in 1898; $500 900 in 1900; and the re-
naming $500, 900 in 1903. They were de-
signed for special market. as it was
thought at the time they were issued that
they were sold in England, but some f.
nancial disturbance in that country pre-
vented their being taken up. Owing to
their peculiar provisions and quick ma
turity, they are not salable in the Amer
lean markets; in fact, the Investment
company has been utterly unable to sell
them. Negotiations have been on foot
with agents of monied institutions,
looking to the taking up of the
issue and replacing them with longer
time bonds of a character salable in the
United States. The value Of the property
and its earning capacity would in all
probility make such new issue salabe.
81 have no doubt at all that the prop
erty, with proper management, will far
more than pay the company's debts. The
receivership is purely to protect the prop
erty, and the trustee has every desire to
assist the Investment company and the
gentlemen interested in it in successfully
financering the scheme"
-
The 18th OF January will be Chinese
New Years.
W. Ii. Chapman has been re-appointed
adjutant on the staff of Major Ashton.
The county commissioners are provid-
ing food for the Italians who have been
working on the Burlingame ditch.
DIR. Frank was called on Tuesday to at
tend John A. Stone, who was kicked by
horse. His injuries are not believed 10
be serious.
Writes the Kttitas Courier in noting
an evening entertainment: "As lady
in the crowd remarked, "The suckers
amt all dead vet" And this 10 Washing
ton
The performance of Damon asd Py-
thias at the opera house on Saturday
evening last was largely attended and
proved very successful and satisfactory
entertainment in every way.
Mrs. Spurbeck, mother of G. ID. Flem-
ing, died at North Yakima on Monday,
December 81, of heart trouble, aged SO
years. The burial occurred on Wednes-
day from the Fleming residence, Rev.
Cheadle officiating.
County Commissioner w. A. Kelso was
married on January to Miss Mary f.
Ketchum. The ceremony was performed
at Yakima City by Rev. Stayt. THE
HERALD bespeaks for the newly-wedde d
couple the full need of health, wealth
and happiness.
The North Yakima Milling company
closed down operations week ago to put
in new headgate at the intake of the
ditch, but the storm coming on, the work
was abandoned until the weather settles
The mill, which has had a very success
full season, will probably remain closed
for about six weeks.
President Bryan, of the Pullman agri-
cultural college, announces by circular
a winter school for farmers from January
% to February 10, 1895, inclusive. This
means three weeks of study and expert
mentation ON the scientific and practical
questions connected with agriculture, hor-
ticulture, soils, fertilizers, stock-feeding
and breeding, dairying, insect pests, plant
diseases, spraying apparatus, road-making
and sugar beets.
North Yakima is to be favored on FRI
day, January 18th, with visit from the
Calhoun Opera company in Czebulka's
charming and tuneful comic opera "Amo-
rita," which had run of ten straight
months at the Casino in New York.
There are As people connected with the
company and over $l2, 1000 have been ex-
pended on the costumes and scenery.
Yakima had to give a guarantee to Sc
cure their stoppage here, as was done q
year ago, but no one regretted the neces-
sity then and We are assured they will
not this time for the company has been
greatly strengthened and improved and
the scenic effects will be ahead of any
thing ever seen here before. Yakima is
so seldom visited by companies of this
character that no one can afford to stay