Bank Will Pay 40 Percent Now Amid Legal Fees
The Farmers & Traders National Bank will disburse 40 percent dividends immediately due to new claims against the Basak by the Scriber estate. Higher 45 percent disbursements cannot be issued now because of complications between the bank receiver Niedner and the Scriber estate, which would exhaust funds needed to defend lawsuits. The comptroller of the currency and receiver misjudged conditions, and permission to cut the dividend will be sought by telegram.
MENTIONED IN THIS ARTICLE
J. W. Scriber
Tme
Niedner
Monaghan Honored in Naval War Torpedo Boat Plan
Washington reports Senators Piles and Jones push to name one of five newly authorized torpedo boat destroyers after Ensign John R. Monaghan of Spokane. Monaghan, the first naval cadet from Washington, died in Samoa while rescuing a wounded comrade.
MENTIONED IN THIS ARTICLE
Washington
Congress
John R. Monaghan
Spokane
Monaghan
Samoa
Piles and
Jones
Washington Policy Demands Army Disbandment and Claims Settlement
Washington reports demand that no further disturbance in Central America be allowed, with a policy of United States action. The message calls for the army to be disbanded at once and for empty claims to be settled without delay, with continuation noted on page 4.
MENTIONED IN THIS ARTICLE
Central America
Uncle Sam
Litigation Begins as Receiver Faces Three Lawsuits
Three circuit court suits filed this afternoon against Receiver Walter Niedner of the defunct Farmers & Traders National Bank. Grande Ronde Electric seeks to bar bond disposal worth 8000 and recover possession. It also contests an overdraft claim of 1651.74, admitting only 181.74. Hot Lake Sanatorium claims a 3000 note held by the receiver is an accommodation note and seeks its surrender.
MENTIONED IN THIS ARTICLE
Electric Company
Hot Lake Sanatorium
Payne tariff bill recommendation advances in Ways and Means
The House Ways and Means Committee adopted a report favoring passage of the Payne tariff bill by party lines, with final passage likely mid June. A general debate starts next Monday and a final vote is projected for the first week in April.
MENTIONED IN THIS ARTICLE
Ways and Means Committee
Broussard
Louisiana
Payne
House
Ways and Means
van Cleave
St. Louis
James W. van Cleave
National Association of Manufacturers
Schwab
Detrott, Mich
Charles M. Schwab
Fire at New York & Baltimore Transportation wharf
A general alarm sounded in Baltimore as the company’s wharf warehouses burned with flames driven by strong winds. The fire threatened adjoining structures and was expected to be controlled later in the day. In Washington, President Taft and Mrs. Taft left for New York to spend the night with Henry Taft before attending Yale’s annual corporate meeting in New Haven.
MENTIONED IN THIS ARTICLE
Baltimore
New York & Baltimore Transportation Company
Washington
Taft
Mise Boardman
New York
Henry
New Haven
Yale Corporation
Taft’s Relative Faces Warrant For Dog Bite
In Trevie Berkeley California Dr F D Taft a relative of President Taft is taken into custody by a deputy sheriff on a warrant for keeping a vicious dog The complainant Anna T Belden neighbor says the dog Nankipoo bit her daughter Hazel twice Conviction could bring up to 100 days jail or a $100 fine and loss of the dog.
MENTIONED IN THIS ARTICLE
Berkeley
Cal
F. D. Taft
Taft
Anna T. Belden
Nankipoo
Hazel
Harriman Denies Retirement Rumor Over Health
In Los Angeles on March 18 Harriman dismissed eastern rumors he must retire due to ill health. He said he plans to keep working and that doctors urge others to have a chance, while his private physician George A. Dixon confirmed there is no truth to the retirement report.
MENTIONED IN THIS ARTICLE
Harriman
Los Angeles
H. Harriman
George A. Dixon
Jury Held Ten Days to Reach Verdict in Nashville Trial
In Nashville on March 18 Judge Hart kept the Cooper jury together for a week amid signs ofdivision on the evidence. The trial has bankrupted the county and wide publicity makes a new jury unlikely to agree, making a hastened discharge risky.
MENTIONED IN THIS ARTICLE
Hart
Paris Is Cut Off By Telegraphers Strike
Paris is practically cut off from outside communication up to 5 pm as the telegraphers telephone operators and post office employees strike spreads to provincial cities across France.
MENTIONED IN THIS ARTICLE
London
Paris
Cheap Lumber Becomes Northwest Issue As Tariff Debate Rages
Canadian lumber producers urge tariff rollback or removal. Mills ready to flood the U S border. 5,000,000,000 feet of rough lumber stocked in British Columbia yards. Oregon and Washington mills fear drastic losses if Canadian imports surge after tariff cuts. Local yards across mountain mills hold large stocks amid export-readiness concerns.
MENTIONED IN THIS ARTICLE
Canada
British Columbia
Jess
Logo
Lews
Washington
Oregon
Minneapoliie
St. Paul
Portland
United States
It Ie
Bellingham
Also Mentioned on This Page
Basak
Scriber Estate
Turn Estate
Bank
Farmers & Traders’ National Bank
Honor Monaghan
Spokane Ensign
Telaya
Grande Ronde Electric Company de
Nies
Walter Niedner
Far
Mers & Traders National Bank
HIRT
Eagle Cone Scuffer Shoes
Oxfords
Tet
Trevie
Nashville
Cooper
Nortwest
Tariff
Oregon and
Vancouver
B. C
Newlin Drug Store
LA Grande, Oregon
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