davidaulloa/AmericanStories huggingface dataset:
The sun., 1897-12-24

,pon the terms set forth in said under.
writing agreeme
This agreement shall not become effec-
i've until such underwriting agreement
,hall have been duly executed and de.
ivered to the Trust Company, and when
he same shall have been executed and
the Trust Company shall be,
and is hereby authorized and empowered
10 deliver the shares Of stock and bonds
mentioned therein to the several persons
entitled thereto under said agreement, as
ltey shall become entitled to the same,
and to apply the moneys received there
under to the payment and satisfaction OF
The said loan of $l2, ,0o0, 600 and interest
V. The Improvement Company shall
have the right, upon payment of the in
terest upon said loan, to extend said loan
for period of six months from and after
August /, 1893, upon delivery to the
Trust Company Of shares of the capital
stock Of said New England Company to
the amount Of six hundred thousand
dollars, par value.
IN WITNESS WHEREOF
"Memorandum in Relation to the
Purchase of the Boston Gas Com
panies."
The New England Gas 4 Coke Com
pany has purchased, as appears in the
underwriting agreement, practically all
the stock of the Brookline, Dorchester
and Jamaica Plain Gas Light companies;
WHICH PURCHASE CARRIES WITH
IT THE CONTROL OF THE BAY
STATE GAS COMPANY OF MAsSA-
CHUsETTs, THE BOSTON GAS LIGHT
COMPANY, THE SOUTH BOSTON GAS
LIGHT COMPANY, AND THE ROX-
BURY GAS LIGHT COMPANY;
BRIEFLY-ALL THE GAS COMPA-
MES IN THE CITY OF BOSTON.
The PURCHASE OF THE COM
PANIES above named, together with the
charter of the Massachusetts Pipe Line
Company and the license of the by-pro'
duct coke ovens (including the building
of the ovens COST $l4,Ooo,00o; and ii
said purchase $2,OO0,OOO Of the securi
ties of the company were used in pay
ment. The remaining $l2 1000, 600 re
quired cash has been loaned upon the
company's securities by the Contra
Trust Company Of New York, for s
period Of eight months from Dec. /
with the privilege on the part Of the
New England Gas 4 Coke Company o
an extension of the loan for six months
The underwriters receive par Of bonds
with bonus Of 40 per cent. stock.
The Gas Companies in the pro-
posed purchase earned NET
for the year ending June 30,
1897, in excess of..........., $46O,OO
Estimated profit on Coke and
on Gas Residuals......."...... 24s,5O
Sale of 2,5OO,OOO, 600 feet of gas
at 20 cents, per contracts..... 5O0,O0
Saving by use Of coal gas by
Brookline and Dorchester
Companies at 10 cents on
9OO,OO0,OOO feet..............." 5000
Total net profits s,..................$1 POS, so
Interest on the $12,000,O00
bonds to be underwrittcn and
the S2,0OO,000 used in pur-
chasing gas properties, pat
cnts and franchises. 10000
Good to the stock. ............ $59S,5O
As will be seen from the above state
ment of earnings, based upon the engi
neer's figures, there will be applicabl
for dividends a sum equal to approx
mately per cent. upon the stock ($14
, OOO,O00) outstanding, as soon as tn
ovens can be finished, which will tax
, about nine months.
The question as to the issue OF bond
The sun., 1897-12-24
Standard Oil Sale.

The Standard Oil party agreed to sell
to the Bay State Gas Company of Dela-
wa,e it's entire holdings in the Boston gas
field. (The agreement to cell, in tho
opinion of attorneys, would be invalid il
made directly to the Bay State Gas Com
pany of Delaware, and to overcome this
obstacle ] made the agreement run to
Henry M Whitney, who first made .
contract to assign said agreement to the
Bay State Gas Company of Delaware,
which assignment was at once executed
by him. This agreement gave the Bay
State Gas Company of Delaware until
Nov. | 1896, to pay for same, and, pend
ing payment, gave the Bay State Gas
Company Of delaware practically the
control of the Brookline Gas Company.
The Bay State Gas Company Of Delaware
upon its part, as a guarantee that il
would not destroy the Brooklinc Gas
Company during the time it controlled
it, caused the Boston Gas Company.
which it controlled, to enter into q con-
tract with the Brookline Gas Company.
This contract, which drew, and which
has been the cause Of so much comment.
and which has been kept secret, although
sought by the Board of Gas Commission.
ers and the courts, is in substance a.
follows:
The Boston Gas Light Company agreed
to buy OF the Brookline Gas Light Com.
pany each year enough gas at 81 per
thousand feet (the maximum price al
lowed by law to be charged any retail
consumers) to enable the Brookline Gas
Light Company to pay all expenses and
charges, and 10 per cent. upon it's capital
stock. As the laws Of Massachusetts, did
not allow the leasing Of one company by
another or the guarantee of one com.
pany's securities by another, the agree.
ment was at the time it was made void-
able; and was advised by counsel at thu
time it was made, that it was voidable.
and would not stand if contested, but a.
the purposes for which it was intended
were for the best interests of all
concerned, including the public il
was, without doubt, judicious to
make it, and keep it in force until il
should be voided Or the purposes
for which it was created ceased to exist.
BY this contract the Brookline Gas Light
Company was enabled to pay it's ex-
penses, charges, and 10 per cent. diyi-
dends on its stocks at the expense of the
Boston Gas Light Company, and its (the
Brookline Gas Light Company's) $4.e15,-
600 Of securities were made worth the
C0NrINrID ON PAaE 3.
The sun., 1897-12-24

Delaware, by purchase or otherwise, -
quires them. Under this condition Of
affairs the Bay State Gas Company Of
Delaware controlled and managed all tho
companies in the Boston gas field above
mentioned, and from their earnings paid
interest upon the Boston United Gas
bonds, and from the surplus earnings
paid interest upon its own bonds, and
dividends upon its stock, until the advent
into the Boston gas field Of what is pop.
ularly known a. the Standard Oil party.
This party created an opposition COM
pany, the Brookline Gas Light Company,
and instituted a competitive warfare
which, amongst other things reduced tho
net earnings Of the local companies to .
point which created deficit of a very
large amount in the earnings necessary
to pay interest and sinking fund on Bos-
ton United Gas bonds, which deficit was
supplied bv the Bay State Gas Company
of Delaware. This warfare terminated
in May, 1896, under the following con.
ditions, l personally conducting tho
negotiations on behalf Of the Boston and
Bay State Company:
The sun., 1897-12-24

has not been definitely determined, BUT
THE PLAN CONCENTRATES HAV.
ING THEM BROUGHT OUT BY
TRUST COMPANIES IN THE CITIES
OF NEW YORK, PHILADELPHIA
AND BOSTON.
Claims of the New England Gas and
Coke Company.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28
INTERNATIONAL CITIZENSHIP.

Very many good Americans and very
many good Britlshevs desire 10 see the day
when the Anglo-saxon race viii set en-
example 20 the remainder Of the world
by exchange OF cornities. They look for
ward 20 the time when neither nation will
seek 20 take unfair advantage OF thu
other, and when differences arise that
they shall Re settled without recourse 20
brutal war. They believe time viii
come when international disputes vii be
settled as they are between the rival
interests OF citizens.
But there is point az which this must
stop. II win stop short 81 the line laid
down by Prof D.cey IN the Contemporary
Review. He proposes a system OF inter
national citizenship whereby all Amer
leans ana su EnElishrnen shall es common
citizens Of both countries during the con-
tuuarce % peace between them. Their
status would De that 81 citizens OF ths
various states. and would bear with IL the
right % vote CT hold ofsaes ia either coun-
try. TIE scheme Is altogether too chiner-
icnL TIE interests of ths iva countries
Wa tNE many eNA&a % fflA4lE4E NA&ALHeE,
and In many respects antagenisiie. and
TIRE confusion caused ~ this reciprocity
would b 50 Srsat a. % onset the sdvaa-
tages II there are any.
Il IS claimed ~ the suthor % MS
novel taea that IRE naoral prestige Of
both countries woala ho raised We can
ret zee bow. Closely a. TIRE two peoples
are slrca w Mood they are vile apart
n habits ana shoushL C1uzcns o.: re-
public cannot view Fovt~nment So Co
tAe s,lasec.s " a u,ozArchy-Geersi though
that nav - Tnis rasfc, Is re use Tor
hereditary hc1ors. tc- instasco. ~ such
3 ostlFensaip woui. e-t3tie Americans q,
aear hcnors Which raAny - then w-5aft
~ vufiaS % NsFsme ard ne British
rcvurunenS be VfEiag % accord y
would LEAD 20 a ooruQsti,so snons cur
people. sna s-sorr long 81 ast--rp; woald
- ua1s O. establish that institution Ct
aristecrsc~ in re Uaifse States
we have rroxresset sar srycnd En--
laa4 n E-Ary rSsgects. &n4 Ne need 10
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

The preservation OF forests Is not con-
fined 10 the Western states. but II Ia worth
noticing the difference in tho conditions
and OF the proposed remedy. New York
state hes undertaken the preservation Of
the Adiroadacks from threatened destr3c-
ed down 50 that 20 becomes lecsssAry TO
preserve what remains II only 10 form .
park. There are no minerals In the Al
irondacks. and no Industry Is threatened
b. the setting ASIDE % the land The No-
semitic reserve 10 o. the same character.
The cuttlng down Of tho comparatively
few hig trees would spoil grand soensry
and De % DO appreciable advantage 10
commerce.
Almost the same answer could 70 made
TO the Philadelphia Press which. evidently
with a very superficial knowledEs Of the
conditions In this state undertakes to
show Why the president should approve the
application OF measure 10 Washington
because somsthing Ike n might prove de-
sirable In Pennsylvania II j. ali very
well 10 claim that the movement for Ihs
preservation and perpetuation OF our for
ezts has received wtthia the hst few
years q auickened impulse al over the
United States.
That impulse had not been quickened
enough TO keep the state legislature OF
Pennsylvania from killing sll the forest
~ balls two years ago; nor viii It ever
be sufficiently quickened to induce the
legislature TO include coal mines or oil
wells within the reserve. The wholesale
been going on for a century. and IL may
be remarked that II the forests had bssa
left In all their natural beauty and IN all
their density. there would have been no
state % Pennsylvania, but only an UNI
brageous retreat for birds. beasts and
Indians.
The state OF Washington does not desire
the wanton destruction of forests. but, on
the other hand, Il does not understand
why trees should BE- left for ornaments
IL they can be used to advantage now.
IL "a comprehended. and II is desired. that
TIC government SNAiA TAKE some measures
to lay the foundation for new forests OF
timber for the benelt OF posterity. This
state needs just the same protection that
was advocated for Pennsylvania. That
state has not Federal land. Of course. but
1t has q large area OF what is called ''un-
seated lands. which ars abandoned from
time to time The discovery Is made by
the delinquency OF taxes. 1t was pro-
posed that these be bid In and held BY the
state. and protected from fires or the de-
structioa OF young growths by sheep and
cattle. so as 20 form q nursery for forest
trees. Another plan was to exempt land
having forest trees on II from four-nfths
Of taxation. provided not more than
twenty acres was under one ownership.
This state cannot. while the Federal
government owns thu lands. adopt such
plans for check upon denuaaiion. but
the purpose Of renewing the forests Is one
which may well reeeiye early and earnest
attention
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

admission 20 aav rights wrfch that gov
srr-nert eoaI1 oe-fs-. we woul1 much
prefer IS a p~orls 20 retain ne proud
privilege o. being American c4t2zezs-Eo
Less ard 70 more
To assent 70 any such proposition would
b. 70 ABANDON the principles uron which
this goYerErer. - base3- u woric IT,
volwe ahazdonme-t Of tire sount doctrines
% jefferson ard Aforroe which inhinat
-stangliag alliances with any foreign pow
er. We are great nation, having our
own IDEAS % undergraduates: we have =
great destiny before rs. which would -
thwa--ea By guaranteeing national citt-
zenship. Alliance upon honorable terms
with England. 70 a limited extent. and
chiefly OF friendly undertaking. Is
very desirable. 0us absolute Independence
%. and dtstinctne-s from. any European
tie Is absolutely essential
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

Some OF the Eastern papers think the.
the reciprocity treaty is the most import
ant formal tie which binds Hawaii 20 lie
United States Under r. according 70 the
Boston Journal. Hawaiian sugar. rica
fruis. etc. are admitted free OF duty. Ha-
wzA, on tire other hand. admits free. or
practically free. nearly al American pro-
ducta- Il Is urged that while We buy sl5.-
oo0, Geo worth OF merchandise from Hawaii.
the Islands buy only SEQ 90 worth from
rs. SO that the balance Of trade Is SO, oeo.-
900 IN their favor. But Hawaiian imports.
al told. were but s7.ie4 sal IN value IN 1855.
Of which no less than s. "a cos came from
America. Since nearly all the Havaiisns
are able 70 buy Is purchased IN this eeun-
Try some think We have no pretsxt for
complaining.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28
NOTABLE PEOPLE

Calve Is TO be painted az Carmen" by
the French artist, Benjamin Constant.
The picture Will be placed in the dome OF
the Opera Francois. Paris
Mrs. Raymond, the mother of a former
president OF Nassar college. has given
the foreign missionary society of the
Epiphany Baptist church, New York
ST, 600 for the education of heather wo-
men.
A life size model IN clay OF the bust
OF the late joseph b. McCullagh. OF the
st. Louis Glohe-Democrat, has just been
finished by Ben Harvey. a sculptor OF
that city. From this a plaster of paris
cast viii be modelled and a bronze cast
OF the bust made in Ptttsburg.
Ex-President Harrison. in a lecture at
Ann Arbor. Mich. said: "Five-sixths OF
the voters OF the country favor a revis-
ion OF corporation laws limiting the pur-
poses for which corporations may be Or
ganized. supervising the issues OF stocks
and bonds. and putting othes restraints
upon them
The Rev. william c. MuIlenix of whea-
ton. Ill, ca years old. was married last
month at Grand Meadow, Mimi, 20 Mrs
Mary Beesen. aged 60. OF Grand Meadow,
the ceremony being performed BY the Rev
Mrs Mullenix, the brides daughter ard
the dauRhter-in-law of the bridegroom
The bridegroom had preached the funeral
sermon OF his BRIDES frs husband and
had married her TO her second husband
lie Is her third husband, and has himself
been twice widower.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

oniy those that were ground into the Dirt
before the hungry kidlets CT African &C.
scent esrted them escaped their hungry
mavs. Many g ousky cescs1dant OF
African ancestors ate nothing else oIt
eggs on April Is. A. y. 1871. but unhke
their more favored brothers and SISTERS
OF the rising generation who nrousnf sne
eggs there. their uaamrss did net have 70
worry the next morning and wsndsr why
Willie had no appetizer
Many years ago all ths Easter egg roll
ting IN Washington was done CT Capitol
hill, IN the capitol grounds. but the place
was net SO well adapted TO the sport 50
the White House grounds Besides. the
thousands OF children. with their attend
ants. blocked al travel IN the neighoor-
hood OF the hill. and some grumpy people
complained against the practice one OF
ths earlier presidents who loved children.
but whose name unfortunately n this con-
nection has been lost 20 history. invited
the children 10 use the White House
grounds IL has now been SO lorg the
custom that the little folks regard that
territory as their own on Easter Monday.
and any president who would lock the
gates upon that day would be visited by
as indignant delegation OF Washington
children as were those sons OF New En-
gland stres who protested 20 the English
tyrannicsl order that forbid them from
playing ball upon Boston common. IN the
days Of &c. ALLAN =. SI.AVSoN.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28
FACTS OF INTEREST.

The average cost OF criminal proseco-
tons n England at present " SIS each
In Norway people who are not vaeci-
mated are not allowed TO vote ~ an cleo
ton
During the sixty years OF Queen Vic
torias reign the English debt has been
reduced nearly 81. 90. o0ooo.
Dr. Paul Gibisr says: IF this habit
OF expscterztion IA pubic places could
b stopped l am sure that IN time tuos--
culosis would ole cut altogether"
II has been discovered that most pre-
cious stones, such as the ruby. sa pphire
and the emerald can readily % told rom
their limitations by means OF the Roent-
gen rays
New York was treated 10 n genuine
Mohammedan wedding tho other nigh {.
with al the Oriental accessories. when
M0hammed Ali mace Ayesha his wife. az
the Cairo cafe. In the presence OF q largs
number OF friends AMI curious spectators.
Walther Won der Nogleweide's burial
place IN the Nsumunster OF Wurzburg
has been discovered by DR.. Kerler. Of the
university IN that town. Tho TOMBSTONE,
with the four cavities IN IL. for food and
drink for the birds. which the poet di-
rected should DO placed over him. has
disappeared. though IL was in existence
sixteen years ago.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

was directing. re was Capable u arriving
apparently without Tire ex~--ssn et
thought a. ths logical conclusion % =
SERIES q eg@afs. aat his d4rectre@s sn1
hrsvfty cf expression were arsoag his
most remarkable traits.
There was nothing dramatic "a Grants
ezrssr wnst might have bees the
atrses1 st1cn--ths surrender 0. Lee
was az simple and natural as TIRE moss or
dinary incident n life. GRAFT was q mag
nfac~nt specimen o. manhood. intellect
uslly ard morally. lie was brave. honor-
no unworthy expeSi-nt: wsao would rot
step aside for a moment from ire path
o. rscttfudc: who would not listen TO a
paltsring WITH wrong.
AZ tine passes ard rsse lesser figures
merge into the clmness ~ an epoch.
Grant viii stand out more grandly ss the
tyDs ws would have all the world accept
IS the true representative OK American
character. The effort 70 DO iris win lie
20 our own advantage. for no nlsn OF my
race need aspire to a higher standard
than that set Up by the hero OF Appomzt-
toK 90 school boy, - soldier. general.
commander, president. citizen, father.
son.
He stsndz not nlone on the PEDESTAL Of
Americas heroes. but he stands among
the grandsSt OF them. and none was more
perfect In al the attributes Of man II
has been said OF him that he Was q bet-
ter man than Washington and q grsater
man than Lincoln. but be nseas 10
iaurels from the tomb Of another.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28
BITS OF HlMOR.

Mother-what is the mater. my dear,
Why are you crying?
Harry (oecwsen sobsl-r LEFT my tefry on
that chair, and the minister's a-eittin' en-
it.-Boston Traveller.
Judge A b. Treadweu viii be the defen-
dant in a peculiar suit as soon as the pa
pers can be prepared. Some time ago ne
gave client the following order on local
tailor:
Please deiiver to the bearer a suit OF
clothes. not 10 exceed so In value. II he
refuses TO pay for them. will"
Yesterday the order was presented to
TreadweIl by the tailor.
What's this?"
THAT order OF yours for a suit of clothes
for that friend of yours
Wen, what of it?''
HE won't pay for them"
'wen?"
You viii pay for them, then, won't
your
mot much"
Wei. YOU said you would
mo. I didn't"
WHY, isn't this your orderf'
Yes; but you read II wrong. said II he
refused to pay for them I would"
Then, why don't you pay?"
II didn't say I would pay II he didn't.
That order says II he refuses will. He re-
fuses to pay. don't he? Well. so do I"--San
Francisco Report.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

The uprising in Greece against the mon
srchy Is what win bring the powers TO
their senses. Ordinarily II Is possible that
they would have allowed bis Hellenic ma
Jesty 10 be very severely drubbed. but
when they talk about taking his crown
and utterly ignoring the divine right OF
kings. then . different status OF Affairs
exists TIE nonsrchs o, the powers viii
begin to think % their own precious heads.
and. IN All human probability. viii rush
speedily 20 the assistance OF King George
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

New York hss been slow in completing
the Grant monument. and there was at
tr-, a shameful want OF public spirit IN
assisting 20 make up the required fund.
but that should not detract from the
splendid work done By the monument
committee. the work Of which could be
fully appreciated yesterday.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

The man who murdered the bank
cashier in New Hampshire a few days
ago has been caught and has confessed,
but Il is proposed TO work the insanity plea
with the hope OF clearing him. Fortunate
ly. for the sake OF justice. he is to be
tried IN New Hampshire and not in the
state OF Washington.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

The accident 10 the electric car in Port
land, as a result OF which at least three
passengers were drowned. should be q
warning to all careless motormen that
there is always a chance of the car get
ting beyond control when # is allowed to
run at a reeklessiy high speed.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

Actions speak louder than words. and
more significant than any oratory yester-
DAY was the presence Of Confederate vet
Grams at the Grant exercises and the plac-
ing OF q floral wreath upon the sarcoph-
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

As TO whsther or not q man believes
In Hawaiian reciprocity seems to be de-
cided largely by the fact as TO whether
he is interested In beet sugar plants in
this country or IN sugar plantations in the
islands
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

The new session laws are just out. which
will DO welcome news to all those who
have been anxious for some time to know
just exactly what damage was done last
winter ia Olympia
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

They were slow IN completing the Grant
monument. but Philadelphia proposes 20
unveii monument 10 Washington next
month which was commenced In 1911. only
eighty-six years ago.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

The lunbermen Of the East are practical
ana experienced men. but when they come
on an excursion to Puget Sound they viii
see timber which cannot fail TO open their
eyes
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

Mr.. Balfour says that her majestys sos-
eminent has decided upon an attitude
OF neutrality. but ne failed to state for
just how long a time this attitude Is 10
be maintained
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

President McKinley's address yesterday
was enc or the orator5cal gems Of recent
years, and indicates that his public ad-
dresses are going TO be- OF the very highest
nr~fR~
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

Yesterday was the birthday % Gen.
Grant a very appropriate occasion On
which 10 dedicate the monUmsat TO hIs
memory.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-28

Times are hard. bat when you consider
st least $40 ooo worth Of bicycles turned
out az the Tacoma run, IT should be ev.-
dsnee that there is a little something ieft.