The Corvallis times. (Corvallis, Or.) 1888-1909, 1903-11-25
AN EXTRA !, x b SESSION. :'l:.
LEGISLATURE WILL CON.
VEN E DECEMBER 21.

i Proclamatie n to That Effect to
I Correct the Phelps Tax
7 III Law-Other News.
+ Salem, Or. Nov 21.-A special
session, Of the Oregon legislature
Ewill convene in Salem alto O'Clock
| "A. M, Monday, December 81. The
session was called in a ,proclama,
I,tion issued BY Governor Cham ber-
Elain this morning. The purpose Of
|; the session is to correct the defect
in the, tax law arising from the a.
Emendments made BY the, passage of
I'the Phelps bill last winter. The
law as it stands now, does not au-.
5thorize a tax levy in January. and
without change in the law the
state, most all Of the counties, and
all the cities and school districts,
would be Without funds, and would
Fbe pay ing interest on, warrants for
years to come, The inter-.
eet expense from, this cause. would
be. from 100000 to $3.50, 900, The,
cost of a special, session, if brief,
will not be ,m ore than $685. j,
Governor Chamberlain also ord
,ered special, election in the Nine7
.teenth Senat atorial STRICT, compse
of .Clatsop county, t., FIJI the vaean7;,
cy caused by the election OF, CT W.
Fulton to the, United States senate,
and infthe Ninth senatorial district
composed Of Crook, Grant, klamath
and Laks, counties, tof fill the va.
cancy caused BY the election Of j..
M. Williams onf to congress, The
sptcial elections WIZ be held on Dsr
cembef 49, .a.t ,y: .if I'll 81. 4
s1a <iifuAt M n IA eati ID
New York, Nov. l16.-With kero-I
sene selling at the highest price in
many years and John ID. Roekefel.
ler declaring that the natural SUPP
ply Of the best grades of oil is rap-5
idly being exhausted, the Stand 4
ard Oh Company today declared
dividend q, $l2 on the stock for the
quarter,
This is the regular quarterly pay |
day for the ockhofders in the
great trust. It makes a total of $44
in dividends paid to them on their
shares this year. On February 18th
$40 was paid, on May 18th 81, and
on Adgust l1tt $5 last, year the
total dividend amounted to $45.
John D. Rockefeller collects a
dividend of So per, cent Of the capi-
tai stock off$1oo,poo.ooo- This will
make bis income from the oil trust |
$28 600, 900 for the. past year. .
On the curb where the stock is |
dealt in, the price jumped s. per
eh re as soon as the dividend was
announced, and there was d ecram- |
BILE to buy. At the opening OF the
trading today Standard Oil brought
$655 a share. It leaped TO s65S and
thsl. to $3.50. Y hile Rockefeller's
income from the oil business for the
wear amounts to $28,6oo,ooo his as
soei ateseand stockholds RI, ~ ILL col
k,sta a. total forqthe year of $14, 75o.r ,
ouo. 1t was said that Rocketeller's
income from interests iDdependent
OF the Standard OIL. Company, such
as railroads and other ;lindua,ries,
amounts to far more than his in-
come from the oil business.
hsThe pfofitsFpaid by the Standard
Oil Company,thoWever ars9tbelarg-
est Of any corporation IN the world.
La the past Eve years Rockefeller
has reaped as his harvest from the
business $141 Too, 900.
x<5 lss.I dz75T II sst..Its.Ss 5ie
Denver, N ". 20.-Joseph Soriei 4
who was shot Wednesday night 10 1
the desperate struggle with Father
Lapore, succumb to his wounds ear
ly this morning. Sorici refused to
make any statement, and the secret
Of fthe tragedy was probably lost
forever when death claimed both
men. Father Lapore died last
night.
Marshalltown, Ia. Nov. 20.
Compelled to remain in their homes
under threat Of being shot, the resi-
dents Of the village Of Green Moun-
TAIN ten miles north OF here, heard
4hroo evnlosiens hefore davhreak