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The Los Angeles Times du lieu suivant : Los Angeles, California • 92

Lieu:
Los Angeles, California
Date de parution:
Page:
92
Texte d’article extrait (OCR)

MAECH 1910-IPAHT HANDSOME ADMINISTRATION BUILDING, FIRST DESIGNED FOR f. SUNDAY MORNING. Buy lS jltoi Tfie Premier Oil Company is operating in the richest and greatest oil field in the world today that is in Coalings, California. It has already drilled a number of wells, and proved its tntire territory, and is earning from the, wells already drilled enough money to pay at this" time 2 per cent, per month on the investment. You see, you do not need to wait for dividends any three or four You will get back in dividends on your Premier stock this year a mighty big rate of interest.

New wells are being drilled continuously, and in just a few months the company will be earning twice what it is earning now, or at the rate of 5 per cent, per month on the capital stock. In a little bit longer time they can have 40 wells, 12 of which are now completed, and can be earning, at the present price of oil, 10c per share per month on every share of the capital stock. The officers don't draw any salary and the money that is carried will be paid out in dividends. tr -i 1 sxjL-'-' Mi VC ''y IHV :0 Initial Structure in the Methodist Institution Group and Dr. Bovard.

president of the university, who says It will be made one the most modern and imposing in the country. 'V 1 Preliminary plans have been completed 'y Train Williams f.r the Administration Building ot the fniver-nity of Southern California, which will ie the first of the group of academic ftructurea which that institution will t-rrct on its ten-acre campus at Thirty-fifth Place and Wesley avenue. This ImilJing will stand on the northwest corner of the two thoroughfares named and close to the street line. It being the plan of the university eventually ta enclose its campus with college S'Uildings to be from time to time as 'the need arises. The plans are comprehensive and far-seeing and will be no haste toward the ulti-inate goal.

Each structure will be of iirt-class construction, and a dig-sitty of architecture refitting the lm-7 stance of the university and the neauty of the section of the" city in hlch it Is located, The total outlay may eventually 1,000,000. The Administration Building will cver a ground area of 104x178 feet and will be-- three stories in height The amiitorlum of the structure What we plan above everything else is the successful adaptation of 'the quadrangle Idea, enclosing everything within our square of Imposing build.ngs and being literally a college community to ourselves In the heart of a great city. "It Is our ambition," the president continued, "to build a university which shall be in keeping architecturally with the magnificent edifices which are to grace Agricultural Park, only a square away from us. We expect this park to meet all the ordinary requirements of an academic community for open campus space, and surely no university could be more advantageously situated with regard to accessibility to museums than we shall be when tlje city and State and county have completed their great educational- and artistic projects for Agricultural Park." The central portion of the present main building of the university was erected in 1S84. the wings being added in 1906.

The original frame structure of the institution, built in 1880, is now used as the civil engineering building. suite of the president and the rooms of the bursar and secretary, together with class rooms on the second and third stories. The corridors will be large and airy and have tiled floors and marble wainscoting. The basement floor will also contain class rooms. The auditorium itself will have a seating capacity of 800, exclusive of the galleries which will bring it up to about 1500.

It will be lighted by a largt art glass dome. "The next building to be erected will. In all probability, be the library," said Dr. George Finley Bovard, president of the university yesterday. "This structure will be large and pretentious.

Many years will doubtess elapse before we see the fruition of our campus plans, but we shall build with the idea constantly in mind that the University of Southern California must be one of the most. Imposing and modern groups of university buildings in the country. We shall not exhaust our resources on a large campus equipment, for we- believe that our present campus Is all sufficient for our purposes. We advise the immediate purchase of Premier Oil Company stock for the following reason: FIRST Premier is a carefully managed California Oil Company of the better class. SECOND The Company's holdings consist of a lease with perpetual oil rights on 160 acres of the richest oil-producing land in the world, located in the very heart of the Coalinga district.

THIRD It is not an experiment for eleven "wells have already been drilled and are producing around 1900 barrels of oil per day and we have just received a telegram stating that the twelfth well has been finished. This telegram reads as follows: Coalinga, March 5th. 1910. LINCOLN MORTGAGE AND LOAN 622 Citizens' National Bank Bldg. Los Angeles, Cal.

Another well on Premier producing today makes twelve. Total monthly production from sixty to seventy thousand barrels. Signed R. P. BOYER.

FOURTH The first dividend of the Peemler Oil Co. -will probably he declared this month. The rate is expected to be doubled in June and continually increased as additional production is secured. FIFTH Two strings of tools are running continuously, and it is proposed to continue drilling as rapidly as possible nntil forty wells one to each four acres ate completed. -V SIXTH Premier stock is listed on, the California Stock and Oil Exchange of San Francisco and its shares dealt in Up to a couple of weeks ago when we undertook the handling ot the'treasury stock there were less than 50 shareholders in thJ company.

It was a close corporation. 4 Several new stockholders are being added every day now, and just as soon as the public appreciates the value of Premier slock as an investment, the scramble for it will increase and we predict that the stock will be selling at twice its present price within 90 days. You owe it to yourself to look into the merits of this proposition. We will make it easy for you and give you all the aid possible. Call at our office imrriediately, or fill out coupon below and mail it today.

DO NOT DELAY. Lincoln Mortgage Loan Co. 622-623 Citizens' National Bank Bldg. LOS ANGELES, CAL. will be of class reinforced concrete and steel construction, while the rest of the edifice will be of ornamental brick over a steel frame.

The administration portion, occupying the entire front of the building, will contain the INSURANCE WORLD. The Texas Fire Rating Board has issued an order reducing rates on hotels, rooming-houses and boarding-houses, the reductions running from 35 to 75 per cent. These rates are to apply uniformly throughout the State. of Minnesota, discussing lire insurance rates, holds that underwriting profits are not excessive and that the only important saving possible is in a reduction of losses and expenses. He holds that the latter feature is entirely too high and should be regulated by the State if the companies are unable to control the situation.

An attempt Is being made in Illinois to procure such an exchange of Insurance rates that thr- profitable classes shall not be made to pay the losses of the unprofitable classes. It is claimed that a comparison of premiums and. losses for the past thirty-three years shows premiums of more than the losses paid. NOTABLE LEASES. Five-Story Building and Store Room on Broadway Leased by Shoe Concerns.

n. A. Rowan through their rental department, have Just closed a stable long-term lease whereby the A. D. Grunt Company leases to James V.

Burns the flve-story and basement building at No. 625 South Broadway ffr a term of ten years at a total rental of $134,600. Mr. Burns will fit up the property of a first-class shoe More, and the building will hereafter bti known as the James P. Burns ft.

A. Rowan Co. have also closed a lease between the Pacific Outfitting Company and the Walk-Over Shoe ompany, whereby the latter leases the storeroom at No. 623 South Broadway lor a term of four years. The place will be fitted up and used as a first-class shoe store, which will be operated in connection with the other stores now being conducted by this concern on spring street.

Stockholders of the Continental Insurance Company have received intimations that the management may at the next meeting of the board of directors declare stock and cash dividends of 100 per cent. The next meeting of the board is scheduled early in March, but the next regular dividend meeting should be in July. The capital stock of the company is $1,000,000. The gross assets on January 1, 1910, were $22,332,787, with liabilities Of about $9,000,000. Surplus to policy-holders for the last fiscal year amounted to $13,044878, as two dividends of 35 per cent, each were paid on the stock.

This makes the surplus applicable to dividends for the last fiscal year, $20,044,878. The stock, par value of which Is $100, was quoted in January, 1909, at $1450; on January 5, 1910, at $1700 and on February 8 $1850. LINCOLN MORTGAGE LOAN COMPANY, 622-623 Citizens' National Bank Los Angeles, Cal. Please send me full particulars regarding the Premier Oil Company, Name t. Street Number i City and The auditorium will seat 200.

The Sunday-school portion will seat 100 persons. Plans are also being prepared for an eight-room residence at Riverside for W. E. Dauchy. Train Williams have been commissioned to draw preliminary plans for a $26,000 brick schoolhouse, to contain ten rooms, for the trustees of Turlock school district.

F. M. Tyler is preparing plans for an eight-room residence at Seventh avenue and Pico for A. O. Brodln and for a slx-room bungalow, 36x38 feet, at Eagle Rock for the Rev.

Alfred Hare. E. E. Meinardus has prepared plans for a three-story mission frame and plastered apartment house, 68x110 feet at San Marino and Alvarado, to be erected by W. W.

Paden, for an investor. It will be divided into suites of from two to five rooms, each with baths and wall beds. Scott' Quintin hat drawn designs for an eight-room bungalow at South Pasadena' for S. A. Blattner and for residences to be built on Irola near Wllshire boulevard for C.

D. Walsh and Leonard Wells. J. Austin has prepared plans for nine-room frame residence on Francis avenue, between Eighth and Ninth streets, for Mrs. C.

C. Carpenter. Lee Callahan has drawn plans for ten-room residence on Alta avenue near Fico vfhich he will build for himself at a cost of $6000. O. G.

Sage will erect for himself a seven-room residence at No. 1128 Kensington Road. John Teller will build for John R. Powers at No. 2310 Scarff street, a two-story residence costing $6500.

B. C. Barkley will erect for R. P. Hutehason at No.

5251 South Main street a two-story frame store and flat building costing $5500. The Cooperative Building Company, will build a twelve-room frame residence Since January 1, 1907, when the law went into effect requiring life insurance companies to dispose of their stock holdings within five years, the Equitable has sold stocks amounting to $4,514,143, at a net profit of $363,605. In addition which there was a profit of $254,597 from the sale of rights. The society still owns stocks which are carried on the books at a value of The investments in col-lateran loans; which were placed at an average rate of 5.40 per were as follows: 1906. 1907.

1908, 1909, $390,000. Loans on policies were as follows: 1905, 1906. 1907, 1908, 1909, The gross, rate of Income from invested assets has increased from 3.90 per cent, in 1904 to 4.50 per cent, in 1909. GORDON ADMIRES SENATORS. Says If Any Are Grafters He Couldn't sorry to have made such a blunder, tout I had listened to the speeches and had found that the Republican side sounded best to me, and so I followed thenl.

I said if they wanted me to vote the other way in the future, they would have to 4ind some better speak- See It Cast First Vote for Republioan Bill. PRESS DAY BEPORT.l WASHINGTON. March 5. Some reminiscences of his short service in the United States Senate were given by Col. James Gordon, until recently ers.

berimes THE ARCHITECTS. A. B. Benton has plans for a ten-room residence on Eieverth avenue in the West Adams Terrace tract for F. M.

Vale. It will be a Trame structure with rustic exterior, blue brick porch, two tile mantels and plate glass windows. The same architect Is preparing preliminary plan3 for a handsome one-story mission Kyle patio residence at Sierra Madre Tor, Mrs. A- McClaughry. Other new building projects reported by the Southwest Contractor and Manufacturer are: John C.

Smith is preparing plans for a two-story brick 6tore and flat building on Western avenue between Second and Third for A. A. Curtis. It will te 50x60 feet, with pressed brick front and plate glass windows. Lester S.

Moore has prepared plant for a new church for the Pilgrim Con-pregational Society at Forty-sixth street and Normandie avenue. It will be of frame, with the exterior In resawn rustic and shingles. MAKES USE OF BUTTERMILK. a member from a smok-i Book Co oft Bingham of Indiana, who is attempting to put an end to the use of schedules and uniform rates In that State, haa addressed a long series of questions to more than a thousand merchants. manufacturers and commercial bodies of Indiana, seeking statistics as to rates paid now, those paid a year ago and those paid five, ten and twenty years ago.

Questions are also asked about all the possible fire Insurance experiences of the assured, including improvements required and increased fire protective provisions by cities- and individuals. costing $5000 on Delaware Drive for er ot tne commercial jiud jast nignt. "The United States Senate Is composed of the finest lot of men that I have ever had the pleasure of associating with." said Col. Gordon. "If there are any grafters In the Senate, I couldn't find them.

They are an honest and hard-working set of men; they work so hard that it's no place for an old fellow like me. "The first time I voted It was for a Republican measure. When my colleagues on the Democratic side told me that I had done so, I told them I was (No. 3) J. Wesley Croner.

E. M. Sponsler will build for Brown Bros, at Vermont and Melrose avenues, a two-story brick store and fiat Kansas Men Announce Success of Experiments Conducted for Eighteen Months at Univorsity. ASSOCIATED PRESS DAY REPORT. LAWRENCE (Kan.) March 5.

E. L. Tague, a graduate of the University of Kansas, Woo, for a year and a half, has been engaged in experiments at the university laboratory with a view to the utilization of buttermilk in the manufacture of casein, last night announced that his efforts had been crowned with Mr. Tague states that four pounds of casein can be made from one gallon of buttermilk. He asserts when (LATEST EDITION) building costing $8000.

The plans were drawn by Parkinson Berg-strom. Insurance Commissioner Hartlgan, Cooking and Other Recipes by Skilled Chefs and Housertities ATTRACTIVE MISSION RENAISSANCE HOME FOR SUBURBAN SITE. 198 Recipes For Spanish Dishes a farmer or a creamery has made all I the butter possible from a quantity of milk, the buttermilk tnat is left will be woifn aa much for casein as the imllk was worth for butter. bl 8 SOUPS; 199 SALADC; 417 RECIPES FOR BREAD, ROLLS. BISCUITS.

BUNS AND THE '-IKE; 112 WAYS OF COOKINcj MEATS; 100 RECIPES FOR PREPARING FOWL AND SAME: ,81 FOR FISH AND SHELL-FISH; 196 AYS OF COOKINd VEGETABLES; 360 CAKES: 45 RECIPES FOR COOKIES AND SMALL CAKES; 114 PIES; 160 PUDDINGS; 172 DESSERTS i MAN IS DYING OF RABIES. Was Bitten by a Mad Pet Pony Which Had Been Attacked by a Dog. IASSOCIATED PRESS DAT REPORT.) PITTSBURGH, March 5. With his forenead, face and shoulders terribly lacerated by the teeth of a pet pony suffering from rabies, David Lewis, aged 25, is dying in the Allegheny General Hospital. The pony died in convulsions, and the head is at the Pasteur Institute.

The animal was locked In a stable, and Lewis was charged with feeding it. It was dur- 15 Recipes For Hygienic Dishes i yk i Ing this operation that the pony struck 3 ft ill jSKfiiMlt! 1 i V4 1 1 iff ii 1 I if This compilation is from the Times Prize Cooking Contest lewis 10 tne floor, ana 01 1 ana pawea nim. The pony was bitten by a mad dog four weeks ago. TILOEN ESTATE SETTLED. Largest Fortune EverAccumutated in Legal Practice Practically Wound Up.

(ASSOCIATED PRES3 DAT NEW YORK, March 5. Accounting of the trustees of the will of Samuel J. Tilden. who died in 1S6S, has Just been approved by a New Tork court. 9.

Published and For Sale by Uhc Co. A LOS ANGELES. CAL. AND ALL ITS AGENTS Price 30 Cents Postage 5o Extra jy7rf'' f----fr X' 'ft 1 It shows that the division of a vast estate, perhaps the largest fortune accumulated in, legal practice, practically, wound up. On November 2.

last, there was left in the hands of the trustees of the J3.50O.O00 estate. A large iham of this balance is to be used for the erection of a slatue of Mr. Tilden, which will probably be placed ona site near New York. Public Library. llviiabc pianos lf- jf- 1 .1 1 Residence to lie Iiiiilt by Cerf Wevl If troubled with Indigestion, constipation, no appetite or feel billoua, give Chamberlain a Stomaco and Liver Tablets a trial and yaa will be pleased with the ruit- Tfc labn Invijrorutt tha stomach and Vvr ar1 itrengthn the A jv.

rsn' Is a.iJ Frar.kiin The exterior ill be of terra cotta and whilo the interior will embody many attractira fe'vrres Drills Farwelt are the architects. inures. 4. "-'J S..

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