davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1907-04-22

There is but enc representative Of the
great Washington family now in the army
or navy of the United States-cept Mer-
vyn c. Buckley, Of the artillery, now on
duty as an artillery engineer in the Puget
Sound district Capt Buckley is the great
great-grandson of Col. Samuel Washing
ton, brother of George Washington, and
colonel on his stan. Capt Buckeyes fam
lily has been always represented IN the
American wars. his Grandfather Buckley
having fought in the war of 1872, an uncle
in the war with Mexico, and his father,
Thomas w Buckley. now of Washington,
was in the Confederate service. Capt.
Buckley went TO West Point in 1898. by ap-
pOintment of President Harrison. He was
graduated IN 1897, being second in class
of siKty-seVen- He served in Cuba and
Porto Rico during the Spanish war and
later in the Philippines. In 1888 he was
sent by Secretary Root 10 examine the
tropical battery systems in use in the
armies OF European countries. lie later
introduced mountain battery OF new
type into the Philippines. and was captain
of dynamite battery in the field on the
Island of LuZOn.
The Washington herald., 1907-04-22

ALL FOR $500.
Easy Terms on This Combination,
A CLEAN SWEEP OF SQUARE
PIANOS.

These must go, and go quickly, regard
less OF price: Chickering. Knabe. Brad
bury. Schumacher, and others,
No offer that is within the bounds Of
reason will be refused FOR any Of them,
and your own terms 20 pay.
Remember we are open evenings till
$780,
D. G. PFETFFER. Manager.
The Washington herald., 1907-04-22

sides. the Democratic party lacks execu-
tive leaders. The stock has run down
through disuse.
The Washington herald., 1907-04-22

Charles Doollttle Walcott, the new Sec
rotary OF the Smithsonian Institution, is
a many-slded man He Is scientist, a
mixer with men, and a pubHcist. Al
the head of the greatest scientific fnsti-
tuition Of America, with its varied depart
ments. he Is naturally most interested in
the research and experimentation which
is the chief end OF his work, He is none
the less interested In the National Biu-
scum. of which he is also the head. and
which viii be, when il is moved into the
new building aow going ". q national
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03
Attorney Still Pays Fare.

Jay Sedgwick, attorney for the
land department of the Northern
Pacific, appeared before the board
OF equalization Monday but did
not succeed in any lowering OF the
Northern Pacific's land assessment
which was fixed at $3.50 by the
assessor and raised to 1915 by the
board of equalization. Mr.. Sedg-
wick told a good joke while here.
He was waited on in Spokane by
a Bonner county attorney who
ssid that for and in consideration
of pass over the Northern Pacific
he would "get the special tax
knocked out" "What special tax
do you mean?" asked the astute
Sedgewick. "Why, the special
tax" sedgwiek shook his head
and said 1t was too much for him
as he did not know the Northern
Pacific WAS fighting any special
tax in Bonner county. The attor-
ney will still have to pay railroad
fare.-Sandpoint Review.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

The HERALD acknowledges a
pleasant call last Tuesday from
Smith Ely, President and Secre-
tary of the Ely-Blume Kippen Co.,
of Spokane. This firm is endeavor-
ing to interest Eastern capitalists
in manufacturing enterprise on
the Kootenai river. They propose
to buy up all the cottonwood In
the valley if they can get it on the
terms they propose.
1t is roughly estimated that
there is from 30O,O00,000 to 5OO,-
600, 900 feet of saw timber of this
variety in the valley. Considering
il for saw timber alone it would be
quite an enterprise that could saw
it up in ten years-and that is
what these people propose to do.
They are Offering to contract on a
ten year basis, agreeing to remove
one-tenth or more each year until
all is removed.
The parties proposing to rur-
chase this timber seem to want 1t
for lumber alone. There has been
some talk of pulp mill, but Mr.
Ely stated that while the people he
represented had abundance OF
capital, and might put in pulp
mill. vet that did not enter into
present plans. as they were only
contracting for saw timber. The
saw mill plant would correspond
in capacity to the amount OF tins
Der they could contract for. The
location would be at some point on
the Kootenai river not yet decided
upon. We learn, however, that
they have been negotiating with
]. Ii. Guthrie and others for site
near Copeland.
What the Ely-Biame-Kip
Co. proposes to do is best set forth
in their contract which reads as
follows:
Agreement between. ...,,,.,,,,,,.a'
first party, and the Ely-Blume
Kippen Co. as second party:
Whereas said first party is thu
owner of the land described Al
and desired to hav'
the same cleared so as to be avail
} able for farming;
Said first party hereby grant
and conveys to said second part,
all the saw timber on said land
and said second party agrees +
: remove from said land all OF sal
| saw timber, removing not less thai
Z ten per cent. thereof from said LAM
E in each year from the date hereo
until all of said saw timber shal
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03
BUYER
John Sehnoor Wants a Hundred
Million Feet to Start Factory
at Bonners Ferry.

Another buyer of cottonw God
appeared upon the scene on We'd
nesday, John Sohhoor of Spokane,
mention of whom was made in our
last issue. Mr.. Schnoor has taken
an option of the McNear mill site
Just across the river from town.
He is in the market for 100,000,000
feet of timber as a starter. 1t is
his intention not only to saw the
logs here. but also to pat in
box and barrel factory. He will
employ from 30 to 40 men from
the start, and his plant will be in
operation by January 1, should
there be 10 delay in procuring
msohiney. This is all conditional
on his being able to secure options
at lair figure on 100,0oO,0OO feet
to commence with. As soon as his
options are signed up to that
amount he will take them up and
enter into contracts. His option
reads as follows:
This agreement made this .....
day Of. e. 1907, by and between
$3.50. of Bonners Ferry, Bonner
County, Idaho, party of the first
part. and John Schnoor, of Boomers
Ferry, Bonner County, Idaho.
party Of the second part.
Witnesseth, That in considera-
ton of the sum of $1.00 and other
valuable considerations, I hereby
give the right to purchase by con-
tract, to party of second part or
his assigns, at any time on OF be-
fore 60 days fFom date, the cotton
wood and poplar timber on the
fallowing described lands, situated
in Bonner County, State of Idaho,
} and under the following
. conditions:
, Party of the second part agrees
to pay for said cottonwood timber
at the rate OF =. per M feet board
4 measure, at any time said timber
. is delivered on the bank of the
I Kootenai river, at any point ac-
cessible 10 said stream,
Said timber ia 10 be scaled with
the Doyle Scale Rule.
p Party of the first cart agrees t
y cut said logs in lengths of not lest
e than 10 feet, as party of the SECOND
part may designate,
Party of the aeeond part agrees
: to accept all of the cottonwood
u timber that is merchantable, Gu
g and delivered on the bank of tn,
d Kootenai river from. ... acres o
- land each year.
y Party of the first part agrees t,
!. convey by q good and sutficien
it contract. all OF the cottonwoo'
3. timber on said lands, to any on
n the party of the second part m a,
name, within the time specified il
this contract, aiso agrees 10 furnisl
Il an abstract of title showing It'll
70 perfect in him.
10 Mr.. Schnoor will pay at leas
4 $a.50 on the river bank for Tia
~ logs. His proposition 10 manu-
e. faoture the output here, instead c
merely saving it into lumber an
shipping the lumber away, make
"a 1t very attractive 10 the genera
,s public. and he will receive ever
!. encouragement possible.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03
UP
Capitalists Ready to Contract for the Entire
Stumpage of the Kootenai Valley.

have been removed from said land.
And said first party grants to said
second party the right to go upon
said land and use all proper
methods for carrying out its agree
ment for removing said saw timber
therefrom.
D"eSH. ...s..ss.. ADVfs
This contract differs materially
from a contract these same people
attempted to do business with early
in the spring. The former contract
tied up the timber for 20 years and
bound the purchasers to nothing.
This peculiar contract was called
to the atten ton of the public at
the time by the HERALD, and COM
mented upon severely and un-
favoTably. The above contract
requires that the purchasers shall
commence operations within ayear
and have the saw timber all re-
moved within ten years.
The consideration that the pro-
posed purchasers propose to pay is
nothing in monetary sense. The
idea is that the land is valuable
for agriculture when cleared, and
these people whom the Spokane
firm represent will assist in clear
ing the land to the extent of re-
moving the saw timber, or they
will pay $3.50 per thousand to the
owLers for logging it for them.
Mr.. Ely takes the ground that
cottonwood has 70 market value
at the present time and that their
proposition is fair in that it assists
the owner in clearing his land. In
addition thereto the building of a
large manufacturing plant in the
valley, with an attendant pay roll
is a strong factor to be considered
Ia brief they take the timber
which at the present time Is worth
less to its present owners, and in
return assist in clearing the land
and give the country the benefit Of
securing a large manufacturing
plant,
Owners OF cottonwood will, O.
course, figure the proposition our
for themselves. To some it may
look good, to others it will appear
the opposite. To those who wan
to clear their land and To WHOM
the location Of a saw mill neat
their ranches would be a benefit
will look upon the proposition Will
favor. Those not so interested
will get abso lut ely no return.
1t is to be regretted that the pre-
position does not carry with it tn
building and operation of q pull
plant. This would consume tn
tops as well as the small trees an
would 60 long way towards clear
ing the land. A pulp mill waul
be great enterprise for the valley
1t is true that just at the preser
time there is no market for cottoI
wood. We remember that tn
same was true not many years as
Of pine. Less than halt q doze
years ago ranchers would hay
been glad to give their pine ava
to get it removed. Today the,
ranchers are getting from $1,Qf
, to $4,000 for their timber. 1t W.
: fortunate for them that they coul
/. not give it away. 1t may be tr,
of cottonwood. 1t is speculation
1t is up TO the owner to give
away, or wait and take the chane
We have expressed our opinion {
that matter heretofore.
The Spokane firm seems to mea
business and if they succeed '
= shall be only too happy to WELDON
them, as we would any other e
terprise that starts a br siness tn
adds to our commercial importanc
C. F Osler has been in 10,
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

C. + Osler has been in low q
for several weeks, having been
called back to his old home by the
illness of his aged mother. This
date of his return 10 uncertain. -.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

$4,000. 1913 acres of meadow
land, IS head of cattle, one frame
house rooms, one barn 1924,
100 tons of hay in 1906, 800 in
creamery, one cream separator,
one horse rake. 16 miles from
Boomers Ferry. 2 miles from
station.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03
LOOK At THESE BARGAINS
Real Estate
FARM and CITY
p r 0 p E r T Y

5000. 100 acres of good orchard
land two miles from village, sold
on installment plan.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

SIS an acre, $50 acres, meadow
land, 100 acres of high ground
meadow land fenced. This ranch
is we'll improved, has good build
ings and will make an ideal home.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

Try Blatchford's calf meal
with separated milk, for young
calves. Nothing like it. For sale
by The x. T. Co., Ltd.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

$1,000. Best improved ranch in
Kootenai Valley, 4 miles from viii
lage, fine orchard, good buildings,
meadow land.
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03
$3.50 One lot and five room
house on Main street.

Improved meadow land at $17
per acre. 5000 acres close in TO
Bonners Ferry,
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

Kootenai Valley, miles from viii
lage, fine orchard, good buildings,
meadow land.
$4,000. 8 room house, $50 foot
frontage on Main street. Water in
house, electric lights, barn, cellar
and heating furnace.
5000. One lot and two room
house, Main street.
$3.50. Two lots and four room
house sold or instalment plan.
$4,000. Business location on
Main street saloon building, fix
lures, bowling alley. This is a
bargain.
$500. One lot on Main street
with building. Rents for $40 per
month.
$3.50 Each, two REIMBURSEMENT
on meadow land, fine location
Can be committed at $l.25 pei
acre.
5000. Forty-fve foot frontage
and room house on Main street
Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-08-03

$500. One lot and two room
house, Main street.
New-York tribune., 1907-06-21
RECORD BANK DIVIDEND.
Fifth Arcnue Institution Leads IN
Declared Earnings.

A special cash dividend of $50 per cent was de-
clared by the directors of the Fifth Avenue Bank
Yesterday This was in addition to the regular
quarterly dividend of Is per cent As the capital
stock of the bank is only 100000, this means a
dividend distribution Of $750Oo, which will he the
largest cash dividend ever declared by any bank or
other corporation.
A. s FrsselI president of the Fifth Avenue
Bank, stated that the special dividend would be
paid out Of the earnings of 1906. which he said
We're exceptionally large.
Both dividends are payable on July TO stock
tol6ers Of record on June % The large earnings
in 1906 were said by we'll informed interests 10 he
due to the high interest rates which money com
,nanded that wear. The Fifth Avenue Rank has
Maid 100 rer cent year it's stock regularly from
1891 to the present date. and. in addition, II de-
cIared an extra dividend Of 100 per cent IN 1903 ana
120 per cent in 1905. II makes speciality or wom-
en- accounts.
The stock OF the Fifth Avenue Bank was quoted
Yesterday AT $500 bid and s. go asked Several
other banks have declared increased or extra dlvi-
dends lately because Of the profits which high
money rates have yielded in the last year, among
them being the Colonial Bank. which yesterday
announced n semi annual dividend of 10 per cent:
an increase OF per cent the last seIn-annual
dividend.
New-York tribune., 1907-06-21
NEW C, & @. BONDS.
Stockholders May Be asked to
Authorize a $50 900, 900 Issue.

The Chesapeake & Ohio Railroad Company. IT
was reported yesterday will probably ask the
stockholders to authorize issue of general
mortgage bonds the amount Of about S25. 900 0oO
for financing the capital requirements of the road.
1t was stated by we'll Informed interests. however,
that there was no intention Of issuing these bonds
in the near future. and that if it was finally de-
cfded 10 Issue them they would probably be used
in whole or in part collateral for a note issue
sufficient TO meet the immediate requirements of
the Chesa peake * Ohio.
These requirements are understood TO he in the
neighbOrhOOd of SlONNo0G but the amount OF the
note issue would depend largely on market condi-
tons. There said 10 have been desire on
the part of of the stockholders to issue 50
100000 OF per preferred stock but the propo-
stton was turned down by the management II
declared A $0,010GaO note issue, well in
formed interests said. would clean up the hoa'lhS
debt of the company, vastly improve It's hlahclal
position and possibly bring in sight some larger
returns to the stockholders
A representative of Kuhn, Loeb & Co, who do
most Of the financing for the company. said yes
terday that pIans for a S25 100000 bond issue had
been under discussion, but had not been dehniteiy
decided upon.
The Chesa peake Gz Ohio has outstanding some
thing like S17 600 of trust certificates ana
Is also understood have a small hoatlns dept.
The company is earning I'm the neighborhood OF
per cent on Its common stock and In view OF 'hS
there has been strong demand on the part OF
some of the stockholders for higher dlV'aeno,
the common stock now paying only per cent per
annum.
The reason tho dividends the common stock
have not been increased IS said to he tho dern'uS
upon earnings for payments on account OF equip
nent trusts, as well a small floating DEBT
New-York tribune., 1907-06-21
GOULD. RAMSEY AND GUY ACCUSED.
Receivership for Little Kanawha Syndicate
Asked.

St Louis, June 20.-Suit was filed IN the Circuit
Court to-day by counsel representing John s.
Jones asking the appointment OF a receiver for
the Little Kanawha syndicate. The petition asks
for an accounting injunction 10 prevent George
J. Gould Joseph Ramsey. Jr., and William h
Guy its organizers. from exercising any control
over its affairs, and order 10 restrain the st.
Louis Union Trust Company from dispOsing of
property which it holds for the benefit of the
diCate.
Mr. Jones who is n member of the syndicate, al
leges that Gould Ramsey and Guy sold the assets
for Ss5OOOOO and paid s55ooOO0 to the subscribers,
placing the remainder with the Union Trust Com
pany
Tho little Kanawha syndicate was formed in
December. 1901. to buy and operate railroads and
mines and acquire lands in Ohio and West Vlr-
ginia. Jones alleges that the money subscribed was
recklessly spent enterprises and railroads after
ward abandoned because their construction might
have proved disadvantageous to other railroad sys
TENS in which Gould, Ramsey and Guy were
largely interested II was announced Jones al
leges that the properties of the syndicate all
sold in June. 1905. for $500 coo. He alleges that
$5.5000O0 OF this amount paid to the subscrib-
and 100000 deposited with the Union
Trust Company. He further alleges that knowl-
edge of the actual condition OF the sale and OF
other transactions is dened to him
New-York tribune., 1907-06-21
LAND CONVENTION ENDS.
adopts Resolutions Less Radical
than Some ETpcCtcd.

Denver. June 2o.-The public lands convention
ended late this afternoon after the adoption OF
resolutions which were not radical as some had
expected A letter from President Roosevelt was
a feature Of to-day's session. Tho resolution over
which there was the most dispute read:
we oppose any change in the existing laws and
customs as 10 grazing livestock on the public do
main outside the forest reserves"
The resolutions say that experience has demon
nation as public trust be disposed OF 20 actual
settlers The people OF the West are unaIt"rahiy
opposed to any change iu this policy. Forest re-
serves should he created only where they 90 not
infringe on this policy In all cases th" rights or
the states and the people 20 the unhampered use
of an waters within forest reserves should not
only be permitted bat encouraged and no charge
should he imposed therefor. The necessity OF
forest reservations is recognized and reasonable
regulations 10y the government are commended
The resolutions. however, favor the prompt
elimination from forest reservations Of all lands
not timbered or Bile for reforestauon or rea-
sonably necessary 10 conserve the how OF streams
used irrigation. II is especially urged that the
reports of special and secret service agents or the
land department and OF the Department OF Agrl-
culture shall be made under oath. a modification
Of any existing orders which prevent bona hde
filings on any the public coal lands Is dema anded
The national irrigation law Is heartily Endorsed
II is asked that Congress !egislate appropriately
with respect to school lands IN reservations so
that state deprived of these lands may receive
it's fun quota its equivalent
1t is finally demanded that in states where forest
reserves are excessive the reservation be reduced
TO reasonable limits. II the land contains tim
her
New-York tribune., 1907-06-21
HEINZE LAUDS TEXANS.
Tells Lone Star Bankers Their
Fight on Trusts U'W Vim.

The members Of the Texas Bankers Associs-
tion ended their stay in New York last night with
a theatre party at the Casino, guests of the
Consolida National Pank. just before this they
tho guests OF the Mercantile National Bank
at a beefsteak Ginner at Shanley's. Broadway and
42d street =. Augustus Heinze, president of the
Mercantile National. presided AT the dinner at
Shauley's last night and spoke of the fight Texas
has been making against the trusts.
I put up right in Montana said Mr. Heinze
(which talked about some I haven't been I'm
Texas since 90. but have been watching the
fight Texas has been making against the aggres-
sion OF monopoes. As long as the men OF Texas
keep this fight up and insist on an equal show her
progress cannot be doubted"
MIR. Heinze followed by Colonel T c. Yantis.
Weep president Of the Texas Association who said
that his party had been entertained so much that
of them had not recovered The dinner was
served on boxes. all the guests wearing large white
aprons while copper hatChets and anvils, repre-
sentative Of Mr. Heinzes large copper interests.
We're presented as souvenirs. After the dinner all
the guests walked from the restaurant 10 the Ca
sino. stil wearing their aprons Many innovations
made in Fascinating rlora" in honor of the
and women from the Lone star State among
them a special song sung by Miss Adele Ritchie.
The party left on the midnight train for Phila-
delphia. being taken 10 the ferry in automobiles
provided by the Consolidated National Bank.
a breakfast was rendered the Texans at the Wal
Astoria by the officers OF the PheuiX National
Bank. No. 81 Nassau street
One hundred and eighty attended.
Finis E Marshall. the president of the bank pre-
sided. Frederick n Underwood. president or the
Erie Railroad. who is a director of the bank. made
an address of welcome Colonel L. L. Jester, of
Tyler Tex responded for his colleagues and c. A.
Reasley, the retiring president Of the association,
conferred upon his hosts the Order Of the Lone
Star. The decoration Of this order consists of
star with the following inscription: Texas the
Lone Star state. BY special dispensation Of King
Saxet and hts royal council YOU created
aIted and dubbed Prince Of Good Fellows. with
rank of Colonel"
Mr Marshall told Of an experience the Phenix
National Bank recently had with Texas firm.
Seven years ago W. n. Cleveland & Sons. cotton
brokers and bankers. of Houston, failed for S+ilFp.
large part of which owed the Phenix Ma
tionaI.
The hank was perfectly satisfied said Mr.
Marshall when the court Of bankruptcy paid II
80 per cent Of the Indebtedness short while ago
letter was received from the firm saving: We
are happy be able to ncIose. after several years
of determined effort. the fun amount Of our indebt
edneSs 10 your bank. with interest to date This
firm was not bound hy any law IN the land to pay
hark this money but II chose Of its own accord
10 live Ut 10 its moral obligation This IS what l
call typical example Of Texas integrity"