davidaulloa/AmericanStories huggingface dataset:
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Issue of Stocks and Bonds by Rail-
road COmnan mics.

Ao"o
1t has long been the settled policy of
this State that capitalization of corpora
tions should be measured by actual in
vestment. A statute passed in 1874, and
which has since been in force. prohibits
the issue of any stock by corporation,
except in consideration of money or labor
or property. estimated at its true money
value actually received by it at the par
value thereof, or the issue of bonds at less
than 70 per cent of the par value, except
when such stocks or bonds have been list
ed on the stock exchange, sales may be
made at current prices. The purpose OF
the statute is plain and IS highly com
mendable, but it is defective in that it
contains no provision for administrative
control over the subject. In a purely
private corporation, the only parties di-
rectly concerned in the issue of stock are
the stockholders and the creditors, II
there are any. To the former the consid-
Grafton for which the stock Is issued is
matter of little consequence, if all pay at
the same rate and receive the same
amount in annual dividends.
With respect to public service corpo-
rations the situation is different, as divi-
dends on the stock and interest on the
bonds must be paid out of the earnings
arising from the business, which is of a
public character. The management of
such corporations feels justified in fixing
rates which will yield a sufficient sum 10
pay the cost of maintenance and opera
ton and other fixed charges, and also in
terest on bonded Indebtedness and rea-
sonable dividends upon the stock. This
basis for establishment of rates has re-
ceived the qualified approval of the fed
eral courts. The laws now in force are
not adequate to protect the public against
.+-I. - e IL,
porations. which are, in most instances,
already capitalized to an extent far in ex-
cess of actual investment Additional
securities are issued and loaded on the
property for which no actual benefit is
received and for which interest and divi-
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
MIXES TWO CRIMES IN ONE.
Embexzler, Married, Who EIoped
with Young Girl Caught.

with Young Girl, Caught.
Samuel 5. Brennan, alias C. Honning,
a weIl-known Chippewa Falls merchant,
was arrested by Officer Early of Belvi-
dere. H.. on a charge of swindling and
embezZling. Arrest was made while the
store was crowded with customers. Bre-
men. who is 53 years old, is also wanted
i'll Belvidere for deserving his wife and
four children and clipping with 11-year-
old girl with whom he has been living in
Chippewa Falls. The girl was also ar
rested. There is also a charge against
Brennan for deserving woman and child
i'll Michigan. Brennan up to the time he
came to Chippewa Falls was in the live
stock and grain business at Baltimore and
prospered. Shortly before the elopement
he is said to have purchased hogs to the
value of $1,000 from farmers and gave
checks which proved worthless. He sold
the hogs to a Chicago commission mer-
Chant and collected the money He also
embezZled several thousand dollars, it is
alleged, from a grain firm of which he
was a member. Detectives had been
searching for Brennan all over the coun-
try for five months When arrested he at
first was defiant, but finally broke down
and promised to go to Belvidere without
requisition. The girl tearfully stated
she would stand by him in his trouble.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
RAIN MARS THE DAY.
INAUGURATION TAKES PLACE
JUST THE SAME.
Governor and Other State Officers
Take Oaths of Office i'm senate
Chamber in Madison-Ceremoni
Simple but Stately.

Madison correspondence:
For the first time in the history Of
the State of Wisconsin the Inaugural
ton of the State officers on Monday
occurred in terrific rain storm. At
ter two days of beautiful weather Mad
isoE awoke that morning TO a heavy
rain, which froze slightly as it fell.
Judge E. W Keyes. Who is perhaps
one of the best informed residents of
the city and who has followed the inau-
guration of State otiicers from year to
year, is authority for the statement
that never before had Inauguration day
been SO disasreeable and so warm.
Notwithstanding the fact that it was
raining, the plans We're carried out as
they had been arranged and the Nation
al Guards and military companies from
the university We're in attendance
Capitol Is Decorated.
The wide halls of the old capitol
building were tastefully decorated with
the national colors. and over the door
of offices a silk American flag was
hung. In the rotunda, the great army
flag which has seen the inauguration
of every Governor since the Civil War
hung from the Senate gallery and
reached almost to the main floor. The
office of the Governor was decorated
with the national colors, and a few
palms, placed at irregular intervals,
gave it an air of simplicity which har-
mOnized with the taste and tempera-
ment of the Governor.
From 10 80 to u o'clock Governor
Davidson stood in those surroundings
of luxurious simplicity. greeting hun
dreds of his friends and receiving their
wishes for Il successful administration.
His broad. good-natured smile, spread
an atmosphere Of comfort over the of
fee, with result that his reception
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
First Bill in the Assembly.

The first bill to be introduced in the
Assembly was presented by Mr.. Roethe
of Fennimore. 1t seeks to repeal the
law providing that the tuition of nom
resident pupils in free high schools shall
be paid by the townships wherein they
live. The second bill introduced in the
Assembly came from Mr.. Turner, and
provides for a 2cent passenger fare on
certain railroads. The third bill, pre-
scented by Mr.. Roycraft, authorizes the
building of dam on Yellow river in
Chippewa county. The chair announced
that under the new rules all bills Will
go to the committee on revision before
being read by title, ard as such COM
mittee had not yet been appointed the
bills introduced went over
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Session Is Formally Opened.

The Wisconsin Legislature convened
Wednesday and after perfectinS organiza-
ton both houses adjourned until the next
day, when Gov. Davidson sent in his BIZ
ennal message. Both houses elected the
officers selected at the Republican eau
cuses, as follows:
SENATE.
President Pro Tem.-J. III. Stout, Me-
nominee.
Chief Clerk-A X. Emerson, Darling
ton.
Sergeant-at-Arms-R G. FalcOner,
Camp Douglas.
ASSEMBLY.
Saskatchewan L.. Ekern, White
hall.
Chief Clerk-H Il. Shaffer, Madison.
Sergeant -Arms-W. S. Irwin, Green
wood.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
MILL EXPLOSION KILLS FOUR.
Disaster at Powder Plant Near
kenOsha.

-Four men were killed outright and four
others injured in an explosion at the
powder plant of the Latin Rand COM
pGny at Pleasant Prairie. One OF the
dead is Ralph Anderson, 30 IearS old,
married and with a family living IN
Pleasant Prairie The other three are
Russians whose names are unknown. One
of the fatally injured is Frank Mais, 80
years old and single. The other three are
unknown and also are Russians. The ex-
plosion was not very loud and the inhablt-
ants of Pleasant Prairie could hardly
hear it. The damage is supposed to eX-
coed $4,000. The building is 20 by 60.
The amount of powder blown up is not
estimated. Only a short time ago an ex-
plosion occurred in a similar building, but
nobody was injured Usually only a few
men are employed in the corning factory.
but on account of a recent injunction
against the company a large number OF
men were loading cars with powder to
send it out of the State.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
VIII Doctor Primary Law.

The primary election law will be doc
tored freely During the special session
called in December, 1905, by Gov. La
Toilette, attempts were made to change
it, but were defeated by the opposition
of State Chairman Conner and Others
Now the time has come to tear the law
apart and put it together again. Bills
will be introduced designed to make can
didacy for Office less expensive, to limit
the power of the metropolis to get more
than its share of the Offices and to pre-
serve the party organization from alleged
threaten disinteg.ation.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
SHOOTS GIRLS FATHER.
Benton Scene of Row Which May
NeDp Murder,

Because Riley Searcy objected to Fred
Benson keeping company with his daugh-
ter, Searcy is now likely to die in Ben
ton. Benson has thus far escaped arrest
and is known to have passed through
Hazel Green en- route to Dubuque, where
he has friends and where it is expected he
will be arrested. The shooting occurred
in the livery barn of Deputy Sheriff Ris-
zen. Searcy and Benson met there and
Searcy remarked: We'll. | guess this has
gone far enough; what have you to say
Benson's reply was a thrust into his
pocket and a revolver shot rang out and
Searcy fell mortally wounded.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Old Timers on Hand.

Seated in the Assembly chamber at
both sides of Chief Clerk Marsh Wednes-
day were William A. Trip of Evansville,
Walworth county. and Robert Il. Went
worth of Dodge county, two members OF
tie Legislature, of fifty years ago, and
the only living members of that body.
The old men. white headed. bent, but
still hale and hearty, came to Madison
TO celebrate the semi-centennial of their
entrance into political life.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
TEACHER Is DECAPITATED.
Young Woman Loses Her Life Under
Train--Brother Injured.

While attempting to cross railroad
track. Miss Matte Clemens. aged -, was
killed and her brother. aged II, was Sc
verely injured when their cutter was
struck by an Omaha passenger train ON
the grade crossing in the town of Union,
near the county hospital for the insane.
Miss Clemens died instantly. her head be-
ing completely severed, Miss Clemens
was a school teacher and her brother
was taking her out to her school in the
country when the accident occurred. The
cutter was demolished and the horse
killed
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17

Carl johnson of Rockton, H., drove
to Beloit for a visit in mis- automobile
The machine took fire and was burned
The Christmas tree in the home of Mrs
Thomas Keheler took fire while surround
ed by the family. and the tree and all
the gifts were destroyed. None of the
family were injured.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
MRS. HEYL Is GIVEN a DIVORCE.
Decree in Milwaukee Case Result OF
Agreement Between Parties.

Decree in Milwaukee Case Result of
Agreement Between Parties.
Mrs. Clara Heyl was granted a divorce
from her husband, Jacob Heyl, by Judge
Halsey. in the Circuit Court in Milwau-
kee She was also awarded the custody
of her two boys until they are 16 years
old, when they may elect which parent
they will go with. The decree was grant
ed as a result of an agreement reached
at conference of the interested parties,
under which Heyl made no opposition to
the divorce, which was granted on the
grounds of cruel and inhuman treatment.
In the division of property by agreement
S32J.000 of life insurance of the defend
ant is assigned to Mrs. Heyl, as well as
Heyl's half interest in the SchandeinHeyl
library. Mr.. Heyl relinquishes all claims
against the Schandein estate, amounting
to about 100000, and Mrs. Heyl pays
him sums aggregating 100000, partly in
real estate and partly in first mortgage
bonds.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Mourn Loss of Station.

A meeting was held at Okauchee to dis
cuss the closing of Okauchee station by
the Milwaukee road and A. e. Lacy, Paul
Reidel, O. Regenfuss, William Lacy and
Joseph Oppenheimer went to Madison to
confer with the State railroad commits
sioners. An effort will be made to COM
pei the company to reopen the station.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
College Must Raise Sl5OOOO

Rev Edward d. Eaton, whose resigna-
ton of the pastorate of the Congregation
al church at st. Johnsbury. VT, takes
effect April 80. will accept the presiden-
cy of Beloit college provided al additional
endowment of S150,000 is raised. 1t is
understood that DIR. Eaton will cooperate
with the trustees of the college in the
endeavor to raise the money.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Wisconsin
State News
FARMERS LIFE DEMANDED.
Thomas Weeks, Who Ignored One
Threat A-ain Assaulted.


Threat, Again Assai1ed-
Thomas Weeks of Chiffon. the richest
farmer in Calumet county, has received
an anonymous letter which contains de-
mand for $1,000 or his life. The whole
county is excited over the threat. al
though Weeks maintains a calm de-
meanor. Recently Mr.. Weeks received
a threatening letter in the same writing
as contained in the latest letter. Five
hundred dollars was to be, left under
certain secluded bridge, some distance
from the Weeks homestead, or the barns
Of Weeks would be burned. The recipient
refused to comply with the request, lg-
noring it entirely. \ few hours after the
time appointed for leaving the money ex-
pred. his barns were burned. He was
also threatened with shooting. hut no at
tempt was made to injure or kill him. The
second threat. affecting the very life OF
the victim. caused Mr.. Weeks to tell
the county police authorities. There is no
definite clue to work on in the case.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
WOMAN STARVES HERSELF.
She Has Cash and Real Estate but
Refuses to spend Money.

htIUSVS
A petition has been filed by the Aid
Society in the probate court in Manito-
woo for appointment of guardian for
Mrs. Catherine Pankrantz, an aged wom-
an who is said to neglect to provide for
her care and comfort though the petit
tion says she possesses $4,000 in cash
and owns a homestead and other real es-
tate valued at several thousand dollars.
1t is charged that the woman starves
herself. She is 20 years of age.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
To Prevent stock Watering.

The certainty of some legislation to
regulate the issue of stock so as TO pre-
vent watering is indicated in the action
that corporations are almost daily taking
to apparently forestall such legislation
Every day in the Office of Secretary Of
State Hauser corporations file amend
ments to their articles of incorporation
increasing their capital stock. The North
western railroad increased from $lO0.-
100000 to S2O0O00,O00. the st. Paul
took a proportional drag at the water
bottle and other corporations are in line
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
LEGISLATION Will BE ImportInt.

While there is general harmony as to
the directions in which important legisa-
ton shall go there, of course. will de-
velop great strife as to details and ex-
tent of the drastic character of the pro-
posed new laws. 1t is probable that there
will be some legislation along the follow
ing lines: To regulate the issuance of
stock by corporations; to regulate insur-
ance and adjust insurance taxation; to
correct and perfect the primary election
law: additional regulations concerning
factory inspection, child labor and pure
foods for regulation of public service
corporations not now embraced within the
powers of the railroad rate commission
and to impose additional power upon that
commission for A reduction of the max
imum passenger rate below the present
rate of 3 cents a mile; educational appro-
pratons for the State university and
normal schools. also for county training
schools for teachers and manual training
schools
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
GOVERNOR DAVIDSON.

lacked that cold Formally which one
generally associates with these func-
tons. With him in the receiving line
were w. d. Connor, President c. K.
Van Hise, Robert NJ. Bashford, Dean
E. A. Birge, Lucien Hanks, and Senator
William Hatten.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Van Hise Nearly browns

While President Van Hise Of the Uni
versity of Wisconsin was skating on Lake
Mendoza the other day. he broke through
the ice at point where the water is 40
feet deep and remained in the water for
several minutes. He was pulled from his
perilous position by a student, Tercy
Nicholson C Baltimore.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Wisconsin
Legislature.
Make-Up of Committees.

Make-Up of Conn ftteeS.
The committee on organizations report
places the Senators on the following COM
mittees:
NEUTRALITY-SUSPICIOUS.. chairman: White
head, Roehr Norris Brown. Fairchild, Bra
Zeau.
Banks and Insurance-Roehr. chairman;
Marsh Rrazeau. Owen. Rummel.
Education-Stout, chairman; Martin.
Brown. Hardwood.
Taxation-WiIcoV. chairman; Whitehead.
Bird, Wolf. HuSting, Smith.
State Afairs-Munson, chairman; Hage-
meiSter. Stondall. Page. Smith
Transportation-Hud chairman Mum
son. Wright, Lockney. Randolph.
Manufactures and Labor-Froemming,
chairman; Wilcox. Bird. Bishop. Rummel.
Villages and Cities-Wright. chairman:
Froemming, Fairehild. Noble. Husting.
Towns and Counties-Barker, chairman:
Fridd, Page
Public Health-Noble, chairman Froem-
ming. Barker.
Legislative Expenditures and Employees
Norris. chairman; Wolff, Wilcox, Barker,
Roads and Bridges-Brown. chairman
Wolff Owen.
Engrossed Bills-Lockney, chairman;
Wilcox. Pearson.
Charitable and Penal nstitutions-Hage-
meister chairman Noble, Hudnall.
+ Printng-Owen. chairman MunSon-
Military Ahairs-Fairchild, chairman;
Burns. Bird.
EectiOnS-Martin. chairman; IIudnall.
Stondall. HaZelwood, Rummel.
Federal ReationS-Stondail, chairman.
Bishop, Randolph.
Agriculture-Wolff. chairman HaSemeis-
ter. Fridd. Bishop, Pearson.
Claims-BurnS, chairman Hudnali, Ha-
Zelwood.
State Department-Fridd,c chairman Mar
tin. Page.
Capitol--Whitehead, chairman; Stout,
Lockney.
RuleS-Stout. chairman whitehead.
Forestry-Bird. chairman: Stout, Burns
Fish and Game-Page, chairman Wright,
Randolph.
Enrolled Blls-March, chairman; San
born, Husting.
Revision-Bra2eau chairman; Roehr. Ha-
zelwood.
Apportionment-Whit chairman
Munson, Roehr, Sanborn, Smith.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
GETS EVEN WITH JUDGE.

Monroe County Board Won't Pay
Him for Sunday Travels.
\ few months ago Judge Fruit of the
Circuit Court at Sparta handed down a
decision that county supervisors could not
collect per diem for staying at the county
seat on Sunday unless they actually met
and transacted business. The county
board now has passed a resolution dpclar-
ing that bills for mileage mad per diem
of the Circuit judge and his stenogra PHI
ers for Sundays will not be allowed
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Look for Insurance Legislation

The fact that the State has been put to
an expense of $4,000 during the past
two years in order to have the legislative
investigation of the subject of life insur-
ance. assures that many bills will be in
troduced looking toward the correction CT
the evils discovered mad reported by the
legislative committee.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Gets the wisconsin Cup.

The championship Of Lake Winnebago
among ice yachts has been awarded to
Leigh HOLSTER of Oshkosh, owner of
Redbird. who gets a handsome flag The
Evening Wisconsin cup for ice boats of
second class has been awarded to Charles
Rahr. owner of Annie B. Mr.. Rahr is
commodore of the Oshkosh Ice Boat Club
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
pockS Baby to Death.

While rocking her baby of ten days to
sleep in Milwaukee Mrs. Frank Ligocki
fell asleep and when she awoke found the
baby had been smothered to death under
her. Both the woman and her husband
are deaf mutes.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
RESCUES FAIL; SKATERS DROWN
Boy Hero and Girl HerOines Lose
Lives in Vain Attempts to Save.


While skating in Burlington. Willie
Garloff years old. went through the ice.
His 1O-year-old sister Lydia Immediately
went to his rescue. and while the two
were struggling in the water William
Scheumann, 10 years old, plunged in and
tried to save them. Scheumann tried hard
to lift the two children out and in the
struggle which ensued all three were
drowned before assistance could reach
them. Frank Garoff, father of the two
children, arrived on the scene too late to
be of any assistance, but he. too, fell into
the water and was rescued by Daniel
Jones and Charles Tetsloff Mrs Garloff,
the mother of the two childrensis not ex-
pected to survive the shock.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Everett Gittins Is Dead.

Everett Gittins, aged 81, formerly of
Oshkosh. and for seven years manager of
the Whitcomb Lumber Company of Whit
comb, died of typhoid fever.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Oshkosh Pastor Called.

Rev. Hardy Tricky. for gear assist
ant pastor of the First P-esbyte rian
church in Oshkosh. has been called to
Pawnee. H.. BIZ the First Presbyterian
church in that city.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17

A substitute for human hair is now
made from cellulose and nitrocellulose,
according to German scientific peri
odical
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
Aims at civil Service Law.

At the opening Of the Senate session
"Wednesday Senator Sanborn introduced
a resolution taking legislative employees
from. under the civil service law. \ rul-
ing BY the Attorney General that such
employees came under the law has caused
embarrassment to many place seekers.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
.,um fer Criminal Insane.

senator Noble. chairman Of the commit
tee to visit State institutions. is of the
orinion that Wisconsin should have
separate asylum for the criminal insane
and believes it should be located in the
chippeWa valley.
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17

To be commended by those who
might blame without fear gives great
pleasure
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
For Two-Cent Passenger Fare.

4 bill was introduced in the Assembly
Thursday providing for 2-eent passen-
ger fare on railroads in Wisconsin, the
gross receipts of which are in excess OK
$1,000 per mile per anrum-
Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-01-17
State Board of Forestry.

The small beginning which the State
made in scientific forestry in 1908 has
grown until the forest reserve now COM
prses 254,072 acres, under the supervision
of the State Board of Forestry. No State
is more bountifully provided with great
show that Wisconsin is the greatest water
power State in the Union. When it is borne
in mind that the forests of the northern
part of the State preserve the head waters
Of these great streams and prevent both
drought and floods, the necessity of a wise
forestry policy is at once apparent. The
financial returns in those States and coun-
tries which have practiced forestry often
show annual income of from $3.50 to
$500 per acre.