The Hood River glacier. (Hood River, Or.) 1889-1933, 1913-03-06
DITCH COMPANY
WILL SELL
STOCKHOLDERS DECIDED SATURDAY
But One Vote Against the Motion TO Dis
pose of the East Fork lrrigating
Ditch TO the Bonded District.

In perhaps their last meeting, the
stockholders of the East Fork Irrigat-
ing Co. convened here Saturday at the
HeIbronner hall and voted to author
ize the directors of the concern to
make a temporary lease of the ditch
and property of the company and then
tc sell the same to the newly formed
East Fork Bonded District for a sum
not less than the aggregate of the
bonded and other Indebtedness of the
concern and the total par value of the
stock that has been issued. This was
the second step taken toward the form.
alton of the bonded district. On Janu-
ary IA, the property holders of the
East Side at an election called then
voted for the bonded district.
The meeting was called to order Sat
urday by j. II. Day, president of the
East Fork Co. So intent were the
stockholders on accomplishing the pur-
poses for which the meeting was called
and so fearful were they that, if an
adjournment were had at noon, that an
other quorum would not be secured
that they continued their deliberation
through the lunch hour and completed
their action about o'clock. h. II.
Waugh, secretary of the company,
read the bill recently passed by the
legislature. Several expressed them
selves as fearful that this bill would
work hardship on the residents of
bonded irrigation districts, such as has
been formed on the East Side. II. +.
Davidson stated that he was in favor
Of the district, but that he had talked
with a number on Saturday morning
VINO had caused him to have fears as
to a possible satisfactory administra-
tion. II think the West Side residents
who are under the system of the Hood
River Irrigation district have been
strongly opposed to this bill recently
passed by the legislature, +" he said.
ut may be that we will suffer from
the effects of the bill. "
However, Ii. 5. Galligan stated that
the West Side people were not opposed
to the manner of raising the assess
ments, provided for in the new bill,
for the new rules were very similar to
those incorporated in the old law.
Their main objection" he stated.
twas to the time of making the pay
ment, that it is along with the general
tax assessment. Heretofore the ranch
res have been paying their assessments
and bond interest at more opportune
times than called for in the new law. "
Rev. ]. l.. Hershner called attention
to the recent dispatches which declared
that unless the legislature again con
vened and adjourned "sine die. N
bills passed by the legislature woult
De valid except those having ATTACHED
| the emergency clause. "The repor
says that Governor West and his aliel
are trying to prevent reconvening o
| the legislature, said Rev. Hershner
so it seems to me that the thing to dt
is to get together and help the COVER
nor.
Jake Lenz, of the Middle Valley
declared that the system of making
the levy or assessment in the bonded
district would work great hardship
on the man with but a small portion Of
his land developed. "He will have tt
pay, whether he can make use of the
water or not, F." said Mr.. Lenz. "Suct
rule will break half of us in the up
per part OF the country" H. F. Dav,
idson told Mr.. LEM that the laws OF
governing the district system were sc
made as to allow for a compensation
to the man in such status. 't1e car
sell his water rights to those who will
tneed the water" said Mr.. Davidson
"For instance, the pro rata share OF
water will be tenth of an inch pei
acre. Those whose orchards are devel
oped and who are going to raise grair
and hay will need great deal more
than this and you can sell your right tC
them for what you can get.
The motion that the ditch be leased
| by the East Fork company TO the dis.
trict was made by F. P. Friday. H.F
Davidson seconded the motion. j. X.
Putnam moved that the motion be
amended, so that the company could sell
the property for a sum not smaller
than the total of the outstanding in.
debtedness and the par value of stock.
However, the amendment was declared
out of order by the president. The
motion as originally made was put and
carried. The motion making the mini.
mum price and the order for the sale
was then made and carried with but q
single dissenting vote.
The officers of the East Fork Com
pany and those of the bonded district
met at the rooms Of the Commercial
club Tuesday morning, when they dis.
cussed the problems that will confront
them when they come to make a trans.
fer of the ditch and other properties
They arrived at no conclusions Tues
day, but will meet again Saturday.