davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1906-07-15

1st. Under the "NO-PROMOTION-
STOCK SYSTEM the first sales of
stock are made at prices that repre-
sent the exact money value of the
ground to be owned by the mining
company. In other words, if the prop
erty cost $4,000 and there are a mil
lion shares of stock the selling price
is three cents. Absolutely no water
is added to the price of the stock, and
each shareholder receives in return
for his money stock which has an in
trinsic value equal to the price that he
pays for it. This places the ground
floor holders of the stock in this posi-
ton, that as they secure the stock at
the exact value of the property before
it is developed they are bound to sell
their stock later for greatly increased
amount, the said amount being in pro-
portion to the development work done
and the quantity of ore shown up.
Under this system the man who buys
at 3 cents gets the benefits from
the sale of stock at a gradually in
creasing scale of prices. For instance
the man who bought stock of the
Greater Manhattan Consolidated at
3 cents a share is enjoying bene-
fits derived through the purchase of
stock by Others at from 4 to 71a cents
a share. And at the same time the
man who has purchased the stock
from to 71A cetns a share has received
full value for his money, as he has
purcha sed an interest after the mine
has been opened up from the proceeds
of the first sales of stock. Thus, you
can see, THIS is A SQUARE DEAL
PROPOSITION in every sense of the
word, and 1t is the ideal form of CO.
opera tion in developing mining propo-
sitions.
2d. Another tremendous advantage of
the "NO-PROMOTION-S STOCK SYS-
TEN" is that every share of the capi-
tai stock is available for the purpose
Of raising funds for development of the
mine. Where an ordinary stereotyped
company has 100000 shares of treasury
stock to sell for the purpose of
our "NO-PROMOTION-
STOCK" company has at hand one
Los Angeles herald., 1906-07-15
STEPS IN FRONT OF
CAR AND IS INJURED
is BROUGHT TO LOS ANGELES
FOR TREATMENT
Mrs. Alfred D. johnson, Needless of
Danger, Is Struck by Freight Car
at Santa Monica and Loses Four
Toes as Result

Unconscious of her danger, Mrs. AL
fred d. Johnson stepped in front of a
freight car on the Los Angeles Pacific
at Santa Monica yesterday morning,
and was hurled several feet into the
air. Mrs Johnson had just left a gro
Gerry and was going home with some
bundles in her arms when the car
struck her.
Mrs, Johnson is the wife of Alfred d.
Johnson, manager of the White Star
pier at Santa Monica
She was brought to the hospital of the
Good Samaritan. An examination re-
vealed that she had sustained a contu-
sion on the head, injuries to her right
shoulder and back and that her right
foot had been split almost to the ankle.
1t was found necessary to operate on
the foot and four toes were amputated.
1t is thought that the woman will
recover.
Los Angeles herald., 1906-07-15

our companys holdings in Manhattan.
Sd. Now let us look upon the con-
verse of this picture in so far as the
dividends are concerned. We will cite
the instance of another company in
Manhattan which was organized with
one million shares of capital, divided
into 100000 shares of capital stock,
100000 shares of promotion stock
These 900 shares of treasury stock
were sold at cents a share, yielding
$4,000, which was sufficient for deveI-
opment. The balance was held by the
promoters. The mine soon earned S15,-
600 net above expenses, which should
have given each shareholder back
every dollar that he put in. But did it ?
No! The $4,000 yielded a dividend of
11a cents share on the whole million
shares, the promoters getting $10500
and the shareholders who put up their
good, hard-earned money getting but
$4,000. The promoters bagged more
than two-thrds of the swag! That
was their GRAFT.
mo PROMOTION STOCK" COM
panies pay no tribute to owners of
stock-the entire dividend goes to bona
fine shareholders. THE FREE LIST
IS SUSPENDED"
4th. The NO PROMOTION STOCK
system provides an automatic pool,
wherein there is no risk or hazard of
large blocks of promotion stock being
dumped on the market in order to de-
press the price of the stock, but every
share OF stock which has not been
bought and paid for remains in the
treasury, and cannot be used as to
bear the disadvantage of the minor
stockholders.
Los Angeles herald., 1906-07-15

HAITIAN which had not a share of
promotion stock When this was
thrown in the teeth of the investing
public many thought they smeled a
rat, and some said there was a 'nigger
in the woOdpile," Many did not have
time to sit down and figure with a
pencil the great advantage that this
plan of organization offered to min
ing share stockholders.
Since that time this plan has been
vindicated in the eyes of the public,
and has. worked to the great good, of
each and every one of you. FOR THE
mo PROMOTION STOCK IDEA" Is
BEING INITIATED all over the land
by mining men. 1t is acknowledged
to be the most sane, safe and beneficial
idea ever evolved in the organization
of mining companies,
1t is the only plan by which each
shareholder is made ground-lloor
partner with the organizers, for
through its benehcent workings every
share of stock has to come from the
treasury of the company and has to
be paid for in good, hard-earned
money. 1t bars the shrewd promoter
from selling the four hundred thou
sand shares of treasury stock i'm order
to make valuable his six hundred
thousand shares of promotion stock,
which, as a rule, cost him about as
much as a square mile OF blue sky.
1t cuts out the stereotyped plan OF
mining propositions whereby 999 out of
every 1000 companies presented to the
public have "ONE MILLION SHARES,
PAR VALUE $00 DIVIDED INTO
100000 SHARES OF TREASURY
STOCK AND 100000 SHARES OF
PROMOTION STOCK"
Now, to consider how the NO-PRO-
NOTION STOCK plan reYerts directly
to the benefit of the shareholders let
about 600,0L0 shares of stock and still
us take up some Of its important fea-
lures,
Los Angeles herald., 1906-07-15

haitian Gibraltar company is handled
in Los Angeles by the Pacific Coast
Mines bureau, which has offices in the
Chamber of Commerce building
THE stock was issued on the basis
of no promotion stock and accordingly
the proceeds from all sales of stock
are turned into the treasury to be
used for the purpose of developing
the property.
In many mining companies, the
stock of which has been put on the
market there are thousands of dollars
worth Of promotion stock, of which,
when it is sold, the promoters of the
enterprise receive all the money, but
with the Manhattan mining companies.
of which the Pacific Coast Mines bu-
reau is agent, all the proceeds of all
sales are put into the development OF
the properties"
Los Angeles herald., 1906-07-15

j. IL WOLF,
5000 Pasadena ave, Highland Park.
Take GarVanza car.
Los Angeles herald., 1906-07-15
DEDICATE WESLEY CHURCH
Largest Church Owned by Negroes
in West to Be Opened
TODAY

Dedlcatory services of the Wesley
Methodist church, corner Eighth and
San Julian streets, will be held at 3
o'clock this afternoon with Bishop
Hamilton officiating.
1t is said that this is the largest
church owned by negro congregation
i'm the west Rev. G. r. Bryant is the
pastor.
Los Angeles herald., 1906-07-15

Thus the NO PROMOTION STOCK
SYSTEM" is working for the beneflt
of each one of you, and this company
instead of being founded on shifting
sand is today a solid, reliable and pro-
gressive corporation. It's management
is energetic, experienced and resource
full. At no time have the interests of
the shareholders ceased to be the par
amount issue with the officers.
Los Angeles herald., 1906-07-15

The Most Safe, Sane and
Beneficial System Ever
Evolved in the Organi-
zation of Gold Mining
Companies - Illustra-
tions of How This Plan
Works and How the
Converse of the Propo-
sition Is Worked - The
Latter Benefits the Pro-
moters Without Their
Risk, and the No-Promo-
tion System Benefits
Every ) h a re h % l d e +
Equally With the Pro-
moters, Who Must Risk
Equally as Much as He.
Los Angeles herald., 1906-07-15
NO-PROMOTION STOCK SYSTEM is THE
TRULY IDEAL FORM OF COOPERATION
Share in the Corporation Treasury Stock Every Share
Shares and Shares Alike n the Income as Well tt

e Success of Great Oid Is Due Is ef fhe mo
Is
BEING Oh nc Mi
Los Angeles herald., 1906-07-15
No Promotion
Stock

Now to revert to the causes which
have led up to the success Of this COM
pany, let us say that you will remem-
ber that we tried to strongly impress
upon you at the time we first offered
this stock the fact THAT THIS WAS
THE ONLY COMPANY IN MAN
Los Angeles herald., 1906-07-15
MANHATTAN IS
PROMISING FIELD
SUPT. HARRISON TELLS FACTS
TO STOCKHOLDERS
"No Stock Proceeds Go Into Pro-
moters' Pockets-AIl Into De-
VeIopment Work." Is
Statement

Captain Henry Harrison, superinten-
dent of the Greater Manhattan Con-
solidated Mining company and also
Of the Manhattan Gibraltar Mines
company returned to Manhattan yes
terday from Los Angeles, where he
has been for the past week in confer
ence with the stockholders in the COM
panies of which he is superintendent.
Before Captain Harrison left Los
Angeles he made the following state
ment in regarI to conditions as re-
CARDS mining propositions in the Man
haitian district:
"On the property of the Greater
Manhattan Consolidated we are sink
ing tunnels into the Monarch and
Centennial groups. These claims are
located between the Buffalo and Man
haitian Treadwell properties, which are
well known in Los Angeles.
Five Lodges Proven
The development of Little Jack and
Monarch No. g. which are owned by
the Greater Manhattan Consolidated
company, proves the existence Of five
strong, well-defined ladges, and assays
up to $1,000 have been taken The tun-
nels which we are now running will
cut all of the ledges within a drive OF
500 feet.
THE price of Manhattan Gibraltar
stock, which has been 2h cents fol
several weeks, win advance midnight
July 2l to cents.
This is really justified considering
the favorable report | was able &C
bring to the stockholders in Los An
geles.
The work on the Manhattan Gibral-
tar mine is not SO far along as il is
on the Greater Manhattan Consoli-
dated, but the work is being rushed
and 1 think the property is equally
as good as the older and more ad-
yanced claim.
Cover a Mountain
There are owned by the Manhattan
Gibraltar company the Monarch No
/, the Centennial group the Mabe
and Maud fractions. worth more thar
$4,000, and five other claims which
cover a whole mountain capped with
an iron ledge.
''The stock of both the Greater
Manhattan Consolidated and the Man,
Los Angeles herald., 1906-07-15

1t was early in the month of March
just about four months ago that
public notice. was first brought to
the existence of the Greater Man
haitian Consolidated Mining COM
pany. You were then offered an op-
portunity to become a groundf1oor
partner in the ownership of this
group of mines at a price which
looked so ridiCulously cheap that
doubtless hundreds refrained from
investing on this very account. How
ever, every man who analyzed the offeI
that we made at that time and why
took notice of some Important point,
in connection with the organization o.
this company, bought stock withou
hesitation and now finds HIS IN.
VESTMENT HAS APPRECIATED
OVER 200 PER CENT IN LESS THAN
ONE-THIRD OF A YEAR Anyone
will admit that it is rapid travelling
where an investment of $50 in March
today represents $75.
1.-THE proof of the pudding is always
the eating of it" and facts convince
while conversation simply annoys. We
have delivered the goods and the stock
of the Greater Manhattan CONSOLIDATED
Mining company occupies a respected
position among all brokers and invest
ors throughout the United States.
For our eXertions in behalf of this
company we ask no credit or claim nc
compensation, but it is a fact we have
solicited the cooperation of investors
from Maine to California and from
Canada to the Gulf. Even the farawa!
Philippines has contributed it's share
to the development fund of this com
pany, and today our shareholders are
a small army-numbering over 700 OF
satisfied and pleased co-operators. They
are witnesses to what honest coop
Grafton will do for mans pocketbook
al we'll as the condition of his mind
for who can feel better than the man
who realizes that he has made a for
tunate investment or speculation?
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
OF HOOD
RIVERS FIRST CITIZEN

Today is the thirtieth anniversary
of the arrival of Mr.. and Mrs. h. l..
Smith in Hood River. Just previous
to his coming here Mr.. Smith was
living at Olympia on the Sound, where
he had fine residence. The climate
there was uniavOrable to his health.
and he was advised by physicians to
leave. In looking around for a more
healthy climate he decided to come
to Hood River, where he has since
remained and where it has evidently
argeed with him, for we know of no
more vigorous citizen in the COM
muntty, both mentally and physi-
cally, than Mr. Smith.
AS a government surveyor, Mr..
Smith had associated with him at that
time Geo. P. Crowell, and is probably
as familiar with the topography Of
western Oregon and the state in gen.
eral as any man in it and as well
known. He has seen many changes
in his long residence here and has
probably been more instrumental in
making the fame of Hood River
known to the outside world than any
of its citizens. He has brought honor
to himself and his home town and the
best wishes of his friends go with
him that ne may live TO see another
thirtieth anniversary in the state of
Oregon.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
KNAPPS

the results obtained from the surface
Il had "A check assay made on the ore
| took from the mine and it gave
sl5.2O gold, S25 copper and $50. 30 lead)
| consider the chances favorable when
developed for its making
that will rank with the
Homestake, Mulcur or any o.her of
the ore bodies OF the United States.
Another thing, let me impress on
you the Importance of securing the
services Of a competent aud careful
mill man and amalgkmator In the out
set, that no failure may result when
you make start. This must be done
If you expect to make a success. This
is as much trade OF pI ofession as
any other and none but tried and ex
perienced men in that profession
should be employed.
| trust that you will pardon me for
to these matters. My anxiety
to see you make success, knowing
that you have the ore, is my excuse
for deviating from my usual custom in
such matters. Yours truly,
James X. Smith.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Meeting Of Cascade Miterary Circle.

The Cascade Literary Circle will
meet tomorrow evening at the home
of Mrs. Chipping. The play to be
read this week will be "As You Like
It," and the characters will be taken
by the following Isdie and gentlemen
The Duke-Esrl Bartmess.
Frederick-Mr. Howe.
Amiens and Martext Prof. Everett.
The two jacques and William MI.
Hartwig.
Lebeau-Mr. Nichols.
Charles Marie Dano.
Oliver, Adam and Touchstone--P.
M. Hall Lewis.
Orlando and Denis-Prof. Wiley.
Corna-Mr. Hunt.
Sylvanus-Mr Hall.
Celia-Lilo Hershner.
Phebe- Mrs. Nichols.
Au Trey y-Miss Stewart.
Rosalind-M Whitehead.
The members are all asked to be
present and answer to their names
at roll call.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
EXPERTS REPORT ON
THE GOLD RUN MINE

A report was received Wednesday
by 4. II. Cox from j. B. Smith, min
ing expert on the quality of ore being
taken from the Gold Run mine. The
report is so favorable that the stock
has increased to % cents share. 1t is
as follows:
Report on the mining property
owned by the Gold Run Mining com
pany in Skamania county, Washing
ton:
The property of the Gold Run Min
ing company is situated in Section
l8, township 3, range q, h. W. M. in
the Washougal district, l6 miles north
OF Cape Horn and 40 miles northeast
of Portland; on the headwaters of
the big Washougal river. The Gold
Run mine is easily traced on the sur.
face for distance Of at least a mile,
and Is the mother lode of that miner
al belt. IL is a true fissure vein of
enormous size, having contact be-
tween granite and porphyry. The
ledge has a pitch of from ten to If.
teen degrees and the trend Is from
northwest to southeast. The ledge
matter is combination of metals,
namely: Copper, lead, gold and sill
ver. The shaft where the work is be.
ing done Is highly mineralized and the
ore Is pitching toward the hanging
wall. | am sure a large body of ore
will be encountered ON the 100 foot
level with greatly increased values.
The company has 800 acres of
ground. Several veins have been un-
covered, all of which show good
values; timber and water power in
abundance. In fact, find the tim.
ber and water of great value to the
company. The present power with a
little improvement of which ! have
made known, will furnish ample
power for a ten stamp mill and a rock
cIusher, besides doing the present
work which 1t is doing of hosting the
ore and running the pumps.
And In conclusion | will say that
your mineral and facilities for hand
ling the same eclipse anything nave
ever seen in my 25 years of actual ex-
perience in mining.
Respectfully yours,
James X. Smith.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Has Been Violating the Game Law.

For some time complaints have been
coming from the Crapper neightor-
hood that unlaAful shooting WAS be-.
ing done there by japanese laborers
employed in that vicinity. These la
borers had been seen carrying quail
along the road, which they had shot,
and had been warned that they we're
violating the law.
AS they paid no attention to these
warnings, a complaint was made to
the deputy game warden and Marshal
Olinger furnished with a description
of the men. Monday one of the Japs
who answered the description came
to town and Olinger arrested him.
He was taken before Recorder Nickel
sen and questioned and forced to give
bonds for a temperance, when 1t Is
expected that his case will be settled.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Meeting Of Ministers, Association.

The Ministers Association of Hood
River which meets every Monday
morning at 10 a. m. in the lecture
room of the U. b. chrch, is finding
these meetings to be highly rohtable.
At each meeting some imEc tant topic
is discussed and matters of common
interest to the community discussed.
The topic last Monday was "The
Preacher as Preacher" which was
presented by the Rev. W. G. Gilmore.
His talk vas very much enjoyed and
all present felt that it was a real uplift
spiritually and mentally. Next Mon
day Rev. r. Ii. Barnes of st. Marks
church, will address the association
on the topic, "Some Recent Develop
ments of Mormonism. Any friends
of the laity who wish to attend this
meeting will be welct me.
The officers of the association for
the ensuing six months are Rev. G. M.
Beeler, president; Rev. W. A. Wood,
vice president; Rev. j. B. Spight,
secretary and treasurer.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Ministers In Ohio Lose Ont.

ln last campaign in Ohio the preach.
ers joined in with the good old time
whiskey democracy and helped elect a
democratic governor and a conserva-
tive legislature which in obedience
to the clamor Of the common herd
passed two cent per mile railroad
fare bill. The railroad managers, to
get even with the preachers for de-
serting the republican party, at once
proceeded to declare all favors Of half
fare to clergymen and excursion rates
to conventions and public gatherings
of. Everybody will have to pay two
cents per mile whenever they ride on
a steam railway in the Buckeye state.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Osteopathic PHYSICIANS Coming.

Drs. M. H. and Edna Brown Sharp,
osteopathic physicians, will be in
Hood River March 10th to administer
to those who are in need of their SER
vices. Those suffering from rheuma-
tism, neuralgia and kindred troubles
will do we'll to consult them. This
form of treatment is acknowledged as
the most efticacious now in use, and
cases that cannot be reached in any
other way most readily respond to it.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Can Have Your Sole Fixed Quickly.

Thos. II. Donovan has installed a
Champion shoe sew ing machine in his
shoe repairing establishment and here
after he will sew on soles for the same
price he formerly charged for mailing.
The machine Is the only one of it's
kind this side Of Portland, and the
work 1t does is surprising. 1t will
neatly sew on the thicEest sole In from
a minute and a half to two minutes.
To sew on a pair Of so!es by the ,bld
method required at least an hour, and
the great saving in time makes it pos
slble for Mr.. Donovan to reduce the
price to that of mailing. Any one in
terested can see the machine by call
ing at his place of business.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Having Store Fitted Up.

L. W. Higgins & Co., who will open
a general merchandise store in the
brick building owned by Lawrence
Blowers about March 10Th, are having
the place renovated and newly fitted
up. A new show window is being con-
structed on the side toward First
street. Il is the intention Of the
firm to have the grocery department
located in the rear of the store and
the dry goods and other stock in
front
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Notice..

A mass meeting will be held at the
Barrett school house on Friday, March
2, at p. m. to consider questions OF
interest to tie people of the Hood
River irrigation district. A large at
tendance is requested.
Signed: J. +. Helme, John A. Will
son, f. W. Angus, q. Il. Markham,
John j. Gibbons, b. f. Shoemaker,
L. E. Dart, G. s. True, j. W. Igalls,
]. L. blount, NJ. NJ. Davenport,
-Thos. Shere.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Portland, Ore, Feb. q, 1906.
Mr.. s. II. Cox, president,
Gold Run Mining company,
Hood River. Dragon

Mr.. s. ii. Cox, president,
Gold Run Mining company,
Hood River, Oregon.
Dear Sir: In regard to the Gold
Run Mining company's property, |
have tried to make a conservative and
correct report according to the best
data attsinable at the time Of making
the examination. There are some in
stances where facts could not be OBJ
tanned until a larger amount of devel-
opment work has been done, as for
instance the size and character of the
ore body in the Gold Run vein. But
in all cases | have tried to give as
near correct data as possible.
Under proper management and the
adoption OF improved methods of
treatment, the ores from your group
can ba mined, illed aud run into
bullion at cost not to exceed s.
per to-.
You are fortunate in having such
a splendid water power. No limit to
the horse power. Timber in great
abundance for mining purposes which
will last for ages.
| would advise you as friend, to
concentrate all your efforts on the
Gold Run vein and sink distance Cf
100 feet as soon as possible and start
the mill on that property first. From
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
Vinegar.

Vinegar is fatal to many kinds Of
bacteria, We read that during the
great plague in London couple earned
fabulous sums in nursing the wealthy
and that their own means Of defense
was swathing the lower part of the
face with cloths dipped In strong vine
gar. Some one says, my grandmoth-
er used a gargle of salt and pepper
with vinegar for all us children, and
she didn't have to 90 to a sanitary club
to learusit." True. no doubt a timely
though utterly empirical use of that
gargle has saved many hves.-St. Louis
Globe Democrat.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1906-03-01
"carat" a. Applied to Diamonds.

Although the term carat" is applied
to diamonds as well as to gold. 1t does
not mean the same thing. Used with
regard to the metal 1t expresses quality
or nnenesS, "a carat being pure gold
and % carat equal to coined gold. But
applied to the diamond carat means ac-
tual weight, and by this measure 11Dlk
carats are equal to an ounce trey. The
value Of a diamond is not merely 80
much per carat, irrespective of size,
but increases in an increasing ratio
with the weight Of the stone.