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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 16, 1902
Page
13
A court action targets the steel trust with an injunction. The plaintiffs demand compliance and seek remedies for alleged monopolistic practices. Attorneys for the defense argue remain of record and request dismissal on procedural grounds.
The United States Steel Corporation filed an answer to a suit opposing its 200 million bond conversion plan. Charles M. Schwab asserts assets exceed 1.4 billion dollars and earnings exceed 10 percent, arguing the company could lose up to 75 percent of profits yet still cover interest and sinking funds. He estimates asset values across iron, coal, transportation, and other properties and notes fixed charges with current and proposed bonds. The filing contends the plan benefits the company and stockholders, notes director involvement with the Morgan syndicate, and states directors acted to ensure success of the plan.
Special Dispatch reports the first golden wedding in the area as Mr. and Mrs. M. S. Ballinger observed their fiftieth anniversary at their Yellowstone ranch home. Married July 13 1852 in Jacksonville Illinois the couple moved to Montana 22 years ago and built their current home. Ballinger is over 82 and Mrs Ballinger is 75 years old.
Spokane reports the region suffered a historic wind storm with no deaths but numerous ruined buildings roofs torn off and trees uprooted. Orchard and grain damage occurred. In Wardner Idaho a barn fell injuring Mrs James Lee with a broken leg. Timber roads blocked and lakeside campers faced peril overnight.
A Rawlins dispatch reports the Republican state convention in Denver will nominate the ticket without a contest. Delegations caucused all day and by night all current state officials except Treasurer G E Abbott, limited by law, were expected to be renominated at tomorrow's session.
Opinion in test case shows Judge Smith decides in favor of the insurer. The ruling affects annual tax losses and may influence similar county cases statewide. The decision draws statewide interest as authorities monitor the course of this litigation.
Judge Henry C. Smith held that a chapter of the political code giving the county assessor authority to collect personal taxes conflicts with the state constitution and is unconstitutional. The Mutual Life Insurance Co. of New York sues Lewis and Clarke County Assessor Charles H. Martien to halt personal tax collection. The case could impact all counties where assessors collect before treasurers, especially for sheep taxes in Carbon County.
A suspected double tragedy unfolds at Rose creek range as a camp tender and herder vanish. The camp, caring for 3000 sheep, is deserted with horses saddled and guns missing, suggesting murder. Under Sheriff Slater leads the investigation from Lewistown on July 15.
Delegates to the Republican state convention in Madison, under La Follette influence, demand Senator Spooner recall his withdrawal letter and align with the convention platform to secure endorsement. Expected platform may push tariff support for Congressman Babcock. The event seats 3,000, with 1,085 delegates. Levi Bancroft to preside. La Follette likely renominated. Davidson discussed for lieutenant governor. multiple candidates for other ticket spots.
Some observers question whether the May 41 document truly marks a final settlement of the South African trouble. Critics argue that key terms and implementation details remain unsettled, suggesting further negotiations may be needed.
A lightning strike during a storm hit the Jennings Oil Company field in Jennings Louisiana, igniting tanks and spreading to adjacent derricks. Workers built levees as more tanks broke loose and flames reached the Southern Northern and Crescent lines. The blaze threatens the field amid leaking oil and gas.
Helena July 15 the United States general land office in Washington refuses to give an opinion in the appealed land contest case of Mr Foley against Joseph Davis. The land involved is Lump Gulch midway between here and Clancy. Foley filed as a homestead after Davis's placer claim. The decision, Nov 2, denied Foley's claim due to mineral land segregation. The commissioner notes Davis filed for a patent to 228.58 acres with five adverse claims, and Foley's appeal is suspended pending further records from Helena and the general land office.
Pretoria reports lasting Boers resistance to annexation as skirmishes and punishments occur against those who stayed in the field. Many burghers wear green badges or free state colors to mark loyalty while leaders’ false surrender terms spark distrust and threats of renewed conflict.
The Steamship Portland under Captain Lindquist, sailing from Nome, arrived in Port Townsend at 1 o clock today. After departing San Francisco April 19, she faced slush ice May 7 and heavy ice for days, leaving both Portland and Jeanie friendless in ice until June 25. Portland reported no damage, while the Jeanie lost a propeller and remained at home when Portland departed.
Berkeley July 15 Prof Arthur Lachman head of chemistry at the University of Oregon resigns to join as government inspector of the natural products of the Philippine islands.
Boise July 6. A U S assay office statement shows Idaho produced gold, lead and silver totaling 16,461,916 in 1901, down from 18,226,849 in 1900. The decline is blamed on reduced output from Coeur d'Alene mines.
A. W. Searth died early yesterday of stomach trouble at J. W. Powell's ranch south of Columbus after recently leaving Billings hospital. He leaves a widow and one child.
Great Falls July 15 Chairman Cooper of the county commissioners says he will be on hand July 21 to participate in the inquiry over Auditor Carrs charges. He offers to show all orders issued while on the board and hopes other members will present similar evidence to aid mutual understanding. He discusses county lumber, claiming 12 planks and stringers left at his place are county property and that he has kept them for proper distribution.
At a Great Falls Gun club meeting the local club agreed to accept Helena’s challenge for a state championship cup shoot. The Helena team calls for Creedmore rules, while Great Falls insists on United States army rules, as in prior shoots. The contest is set for July 27 in Great Falls.
Havre’s Kid Lee faced Fort Assinna's Private Osborne in a two round scheduled bout at the Montana concert hall. Osborne faded in the second round and was knocked out in the third.
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