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LV~No. 18
‘ 0.0.0
I VOTING
Chamber
I
;SllElTllNi
:aflS RETURNED
It's going to take two halls to
take care of the Chamber of
Commerce program for its March
meeting this Thursday night.
I ~. lists Almost AS Many} First, of course, the Shelton
I As Shelton Sat- Hotel banquet room will be pres-
,y» Puts Ncwcmm Ised into service while members
9" On Board lenjoy the 6:30 dinner which is
{the initiator of all chamber meet-
iings. '
But after the business of satis-
fying appetites is out of the way
the crowd will move over to Mem-
orial Hall for the main part of
the program~and when we say
crowd that's just what we mean,
for there should be one of the
{biggest gatherings in the Cham-
iber's history on hand this Thurs-
day to take in the very attractive
program President Ed Faubert
has arranged.
Part of the crowd is due to be
Mrs. Dolly Fen- members of the Elma and Mon-
pim tes apiece. Itesano Chambers of Commerce for
timed of the rural dis_ IPresident Faubert last week ex-
. 2, e as was that at Bepltended invitations to the two
harbouse‘ T as most as many votes lneighboring communities in time
n atShelton and Frank it0 be announced at their monthly
es i too“ over M. W_ New_ 'meetings. The report is that sizea-
. , 57~ r. Clumb is a lble delegations may be expected
Winesap. H the Belfair board, lfrom each place.
V {8,115er Hyde, who did] Then, an unusually large ac-
. me Mr. Newkirk is 'cumulation of Shelton and Mason
3 . x‘nber of
I
"5 few and far
I ectigdays annual school.
‘ whirwcre run off in
: "fem fetal quiet prevail-
«gfii‘ly EWO votes were
the; ten‘m" candidates
ppearireglllarly filed as-
}, wng on the 202 bal-
grio "9 cast. The in-
0f A- S. Viger, L. A.
- George Drake.
0 their seats by
. in which Mrs.
s , the board. lCounty residents is expected for
' rapec’al levy asked of an invitation has also been ex-
grapher, Herb Crisler.
at?
Peter J, Nordweu ham 0. Thorniley of the Olympic
eiVcd a single vote. peninsula during the past few
b‘ Do mm so 1” .
I ,1 at The Both sets of pictures taken by
n
I at the annual 0100- tended to the public in general to
by a to 1 ma- :come out and see the unique dis-
his post on the Peninsula Hotel and Resort Own-
A:.,._ Votes. S. Wt Elam ers Ass’n from advertising ma-
": Trenekmann, not terial used by the association to
. return .
.................... , 3 years, and to see the exceptional
m 5 0f fhzvgsbeel‘,t.rv colored motion pictures of penin-
. 0f the coun‘é’;‘50;lnl§ . sula scenic beauties, wild life, and
Fe (1.
Sko 59 far follow:
ti ----- lecgormSh Leonard
lmously i
I \ T
“In Elfin/[35°11 13, Harry
0Murray 5. Two
Faubert said. The Crisler films
have become one of the most
soughbafter program, features in
the Northwest in the last year and
Kellogg re- l
n 11 ballots]
l
W- McDonald re-
Ously in 12 ballots and the unusually interesting sub-
ject to which they are devoted.
kes all yo 1 fired
0 M. Knight voters, play arranged by President Wil-
‘ by own designa_ promote tourist travel to the
2
eta
' D -
,Mevgatto’ and Any]: flora taken by the noted photo
rte
= .38: {i Sizer Mrs. Eliza-
IOII “ M I“
IS. I, ‘
. Em
. 10.330; Anderson elect-
01 the if; over 40 years IDON’T Miss CRISLER
rabel by 8 t? 3. FILMS, SAYS OBSERVER
-oz. 1 Ike Rab an “'9 ec'l I wish to add this personal n0-
Nola man‘ 7 to 2‘ tice to the one appearing on the
front page of last Thursday's
"Um! Look what Chamber
Commerce is fixing up!”’
ding Mrs. An-
I hope all my “Outdoor Friends”
. 31.2% a candidate for of Shelton saw and read that
ankle new director is notice, and I especially hope all
3‘” of the former the Boy and Girl Scouts will plan
to see those pictures taken last
summer in the Olympics by Herb
Crisler.
Being in Olympia last fall on
the day of the Oly.-Penn. Resort
and Hotel Ass’ns annual meeting,
the writer just dropped in at the
Olympian Hotel, sat through part
of their meeting and saw the
pictures then. No time for com-
ments here, but to all lovers of
the Outdoors and our Olympics
I beg them NOT to miss seeing
these pictures whatever the cost-—
they will never regret it. .
‘ EARL SHELDON.
(Prep StudeTnt’sM
Vote On Second
Semester Heads
Second semester election chores
were cleaned up yesterday With
the balloting for class officers at
ay\MI
y TS- Madge White-
- I unan' .
10¢ valuesl' t:fuccee "nous Chmce
Igs.
Q. E
1y_ 16 Buxton re-elected
V Mm A .cs cast.
8mm nnie W. Webb re-
e i g h t
six
. Mr
‘ b
to”;
- Eric Sjo-
an _tha Peterson
"nous action of
“0 elected.
vote' 0- K. Linscott
l
B. B
un er
rs unanimous.
ank Binns re-el-
lln
. Votes 1“
alto .animo
kom us.
A
n
.
,j/ I; OVeI‘ ls}.‘\Ptlul Hunter
1
. Wu
1? to 1. Hulbert, not
\
Pa.
“Newt. Clumb elected
"k. 129 to 57.
' Smith re-elect—
m“Ions.
Pi r .
wfimouaPe re
elected,
student body officers had been
voted upon last Friday.
The new student body officers
are Spencer Read, president; Ran-
dall Jordan, vice president; Mar-
ion Anderson, secretary treasurer:
Jim Rose, sergeant-at-arms; and
Jake Graffe, staff bearer.
Senior class officers are Ralph
LeDrew, president; Walt Eddy.
vice-president; Dorothea Rucker,
secretary-treasurer; Vic King. ser-
geant-at-arms; C l a i re Morris,
board of control.
Junior class officers are Bob
Pearce, president; Harry. Austin,
vice-president: Barbara Kreien-
baum, secretary-treasurer; Earl
Lumsden, sergeant-at-arms; and
Gertrude Viger, board of control.
Sophomore class officers are
James Howarth, president; Jeanne
L a n d e r s, vice-president; Jack
Page, secretary-treasurer; Ben
Soper Jr., sergeant-at-arms; and
Jack Sceva, board of control.
fton. 11 to 4.
. out "’Wn elected, 13
land\
Oars-fiarl Har-
1‘ -
6 to 16' rs. Ger
3118 Weaver
“15° Prine, 21 to
1‘s.
MaggSter Werner
Fish. 22 to
—-\-—-—-
BABY SON
A baby son was born at the
Shelton hospital on Saturday for
Mr. and Mrs. Fred Doherty.
GIRL BORN SATURDAY
Mr. and Mrs. Carl Breitsprecha
er are. the parents 'o'f a baby
. . daughter born at the Shelton hos-
. ‘ V‘ l pital on Saturday.
Irene S. Reed high school after]
ogram May
Pull Record Tuinouti
Crisler in 1939 and 1940 will be senth to the public’at‘the regular
Show“ 011 the Program, Presment meeting of the Mason county Red
a half due to their excellent scenes of the
-borough Creek, a few years back,
. homes and property," Chairman
Journal (Fez. 27) and entitlegf Lund pointed out.
,create a disaster problem, occur
SHELTON, WASHINGTON, Tuesday, March 4, 1941.
PURCHASES
FAMOUS GUY, NOW
American Magazine, in its
March issue, carries in its sec-
tion called “Interesting People
in the American Scene,” space
and pictures telling about the
unusual hobby of William 0.
Thorniley, familiar to Shelton
and Mason County residents as
president of the Olympic Penin-
sula Hotel and Resort Owners
Ass’n.
Mr. Thorniley has developed
what he calls his “Internation-
al Reminder Service” as a hob-
by to remind his friends of im-
portant dates in their lives such
as anniversaries, birthdays, etc.
His hobby is described by Amer-
ican Magazine under the title
“Forg'et—Me—Not.”
Mr. Thorniley will 'he a fea-
tured guest at the March ses-
sion of the Shelton Chamber of
Commerce this Thursday eve-
ning when his unusual exhibit of
advertising material used by the
Hotel and Resort Owners As—
sociation in the past couple of
years to promote tourist travel
to the Olympic Peninsula is
arranged in Memorial Hall for
Chamber members and guests to
peruse.
FOR DISASTER
l RED ' CROSS AIM
County Chapter Meeting Thursday
‘ For Purpose Of Outlining
Emergency Actions
A disaster program will be pre-
Cross to be held at eight o’clock
this Thursday, at the courthouse,
Chairman Myron Lund announced
today, as he urged all members
Red Cross and interestedI
persons to attend. ,
“Two recent near disasters in
Mason County, the earthquake and
the overflowing of the banks of
the Skokomish River and Golds-
needed but slight increase in se-
verity to cause heavy damage to
“Should a like
disturbance, severe enough to
at the present time,-much valua-
ble time would be lost in organ-
izing the various forces of the
community for the purpose of
bringing aid to those made home-
less, injured or ill."
“Rescue and Medical Care,” fur-
ther explained the Red Cross chair-
man. “are the primary concern
of disaster workers and present
many difficult situations to over-
come. yet, these two functions,I
while the most important im-
mediate need, constitute a very
Small part of the entire effort
necessary to feed, house. clothe,
register (for the information of
individuals and the public), trans-
port and communicate when all
or part of these various facilities
have been disrupted by the dis-
aster.” r
“When the immediate, tempor-
ary needs of disaster victims haveI
been met, then the community
must put forth as much or greater
amount of effort to rehabilitate
the affected families. The disas-
ter and the rehabilitation of its
Victims, will call for contributions
and cooperation from every indi-
vidual and community organiza-
Ploni it will call for a harmon-
ious organization in which all
groups should have a definite
Part.” concluded Mr. Lund.
Music Festival
Plans Instigated
Initial plans were formulated
last week for the third annual
Mason County Music Festival at a
meeting of the committee com-
Posed of the four school princi-
PalS. numerous interested teach-
ers, Chairman Phil Murphy and a
few others.
The complete committee person-
nel as yet is not definite.
[eight o'clock and will be held in
PREPAREDNE ,
[five members up to. receive 16
; AGATli COURT
Board of Review Approves 47 Ad-
vancements for 22 Scouts
At Thursday Event
As an introduction to Boy Scouts
' courts of honor, the community'ofl
Agate is going to start .off With
ione of the best in the history of
l
M a s o 11 County scouting this i
iThursday evening. I l
The 22 Scouts who passed WithI
'flying colors at the board of re-l
l View last Thursday evening are to;
receive 47 advancements, with}
whatever Troop 11 of Hoodsport
(which holds its own board of re—
view) adds to that, making one of
'the largest groups of Scouts andI
at the same time one of the larg-‘
est lists of advancements ever
sought at a Mason County court
of honor.
Transportation Furnished
District Chairman Doane Brodie; '
said last night that the Shelton]
. group will leave from the Shelton,
Hotel at 7:30 o'clock with trans—
portation to be furnished for all
those needing it. Anyone With
transportation to spare is asked:
to let Brodie know how many.
'they can take along.
The court of honor starts at
the Agate grange hall.
The Agate troop itself will send
merit badges, while four others
will be presented with special-
awards for a year’s perfect at—
tendance at troop meetings. With
su’ch a home flavor to the pro-
ceedings Troop is expected to
walk off with the Getty Court of
Honor Attendance trophy Thurs-
day night. Troop 8 won the trophy
three times in a row last year, lost
it at thevlast court, ,now expects
to regain it.
The awards to be presented at
this week’s court include:
LIFE SCOUT RANK —— Elmer
Carlson, Wendell Spinharney, and.
George Snyder, all Troop 12. l
STAR SCOUT RANK-William
Anderson and Ben Soper Jr., bothl
Troop 12.
SECOND CLASS R A N K -—
Douglas Larson and Bob Rose,
both Troop 25.
CABIN BOY RANK —- Jerry
Cole, Troop 12.
The following merit
were approved:
Warren Melcum, Troop 25, bird
study and book binding.
Earl Sheldon, Troop 25 Scout—
master, firemanship and conser-
vation.
Frank Gray, Troop 8, personal
(Continued on Page Six)
badges
_r.__
Last Month Next
Driest February
On Local Record
February precipitation in 1941
was the second lightest since
Weather record-keeping was in-
augurated at the Rayonier plant,
Weather Observer Bernhard Wi-
niecki reported yesterday.
The month saw exactly. three
inches of rainfall recorded on
the Rayonier weather instruments.
Normal February rain is 8.50 in-
ches, Winiecki’s records reveal.
The driest February on record
here was in 1934 when but 2.70
inches was registered, the wet-
test in 1932 when 13.90 inches fell.
The rain total for the first
two months of 1941 is"well under
last year‘s total for the first
two months, the comparison show-
ing 12.48 this year to date against
18.42 in the same period last year.
Greatest 24-hour precipitation of
the month totalled 0.98. inches on
the 27th, while rain was recorded
on 14 days of the month. Eight
days were recorded as clear, four
as partly cloudy, 16 as cloudy.
Maximum temperature of the
month was a 60 degree reading
taken on three different days, the
5th, 17th and 28th. Lowest read-
ing was at 26 degrees on the 15th.
The month’s mean maximum
temperatures were 54 degrees, the
mean minimum 34 degrees, Wea-
therman Winiecki’s records show.
GRAPEVIEW RAINFALL
lN FEBRUARY 2.90
SPecial efforts to interest the
smaller Mason County schools in
entering their best young musical
mthe 1941 festival are to be made
'c Week, which
May 4 to 10 inclusive. Further
details of the 1941 festival will be '
laid 'at the next committee meet-
ing in early April.
BABY GIRL
precipitation
was sub-normal with 2.90 inches
registered on the instruments un-
der Weather Observer Walter Eek-
ert’s care.
ments, the greatest in any 24-hour
period being 0.69 inches on the
27th. Highest temperature of the
month was a 60 degree reading
taken on the 28th, lowest at 31
degrees on the 14th and 18th.
Eight days were designated on
Mr. and Mrs. Theodore Corey the records as clear, seven as part:
are the parents Of a baby daugh- ly cloudy. 13 as cloudy. Light fog
ter born at the Shelton hospital was recorded on the 16th, 17th,
on Saturday.
20th and let.
‘15
lSCOUTS SEND
Grapeview, March 3——February
in this community
‘ Unified Power Sen/ice
One of the largest deals of years in Mason
County was consummated Monday when Public
Utility No. 3 closed the purchase of the West
Coast Power Company and brought nearly
the power service of the county under control of
the public utility. as well as insuring its profitable
operation in future through taking over of the
more congested districts including Shelton city
and the outlying service lines.
The purchase price of the West Coast prop-
erty which has been built up in the past twenty
all of
years, including all lines and equipment, old power
plant building on First street and franchise, was
$275,000, agreed upon as fair by the officers of
0
L)
P.U.D. No.
and the West Coast Company, and
the funds were secured through the sale of bonds
at the low interest rate of 41/1 per cent. Additional
bonds for $100,000 were also issued at the same
time which will provide ample funds for further
county coverage of lines and for needed mainte-
nance by the public utility.
Public Utility No. 3 which has been built up
during the past five years to covering most of the
county outside of Shelton, the Canal district of
Public Utility No. 1,
will now be in positibn
and the original Mutual
Company which serves the North Bay District,
to consolidate its opera-
tions and in time to make further reductions in
rates; and its financial and other obstacles now
being over the public utility can carry out its mis-
sion of giving the public the best possible service
without profit which would be necessary under
private ownership.
The commission which has so far worked out
the
public utility under new and untried laws
deserves much credit for making the progress it
has with little federal aid except for WPA labor,
and funds limited to
possible bond issues, until
now that ample funds will be available for all
needed expansion and full coverage of Mason
County rural areas; and with the inclusion of
Shelton under unified control there will be no rea-
son for anything but closest cooperation in the
main purpose of giving the full benefits of pub-
lic service.
WAR TEAcniis
COUNTY WOMAN’S fl
KIN IN ENGLA_ND TO USE CARE
By Jean Todd Fredson
Skokomish Valley, March 3. ——
Mrs. Max Latzel hears every other
week from her relatives in Eng-
land. Last week’s letter was from
Betty Pope, a 17—year-old cousin.
Since the blitz they have been
living in Surrey in rather crowd-
ed quarters, because other rel-
atives have joined them. Speak-
ing of the rationing, Betty says
that it assures everyone the same
amount of essentials and the
quantities are sufficient, though
one must exercise care. She says
they are finding out how much
they Wasted or were extravagant
Iwith before the war. Marmalade
is hard to get and oranges. There
are no lemons and apples are
high. There was a shortage of
eggs but it is easing off. They
had turkey Christmas.
She says they don’t have such
a bad time. “Daddy’s” office has
a. social club where they go eve-
nings to play darts, table tennis,
and billiards, and every so often
dancing and whist are arranged
for. They go to the cinema once
a week.
She hasn't been to London since
the blitz but “Daddy” has been
a couple of times.
He reports that ordinary houses
have suffered more than the fac-
tories. Most of which are work-
ing normally. They regret the
destruction of historic buildings
_—
COMMUNITY
CALENDAR
TONIGHT——A m e r i c a n Legion
post and auxiliary meetings,
p. m., Memorial Hall.
TONIGHT—S. W. conference,
northern division, prep basket-
ball, 7 p. m., Lincoln gym, Olym-
pia vs. Shelton, first and sec-
and team games.
WEDNESDAY—State car testing
station open, 8 a. m., to 5 p. m.,
city dock location.
WEDNESDAY—Active club din-
ner meeting, 6:30 p. m., Shel—
ton Hotel.
THURSDAY—Chamber of Com-
'merce March meeting, 6:30 din-
ner at Shelton Hotel, entertain-
ment program featuring Herb
Ci‘isler colored motion films of
Olympic Peninsula and Wil-
liam Thorniley advertising ex-
hibit, 8 p. m., Memorial'Hall.
THURSDAY—Commercial Lea-
gue bowling, 8 p.m., bowling al4
leys.
THURSDAY—Boy Scout Court
of Honor, 8 p. m., Agate grange
hall.
THURSDAY—City council meet-
ing, 8 p. m., city hall.
THURSDAY—City league bas-
ketball, 9:30 p. m., Lincoln gym,
2 games.
THURSDAY~Red Cross Chap-
ter’s March meeting, 8 p. m.,
courthouse. Disaster prepared-
ness program to be outlined.
but are optomistic about better
housing replacing the bombed
slums. Mrs. Latzel made a trip
to Europe in the fall of 1937, and
visited her relatives in England;
also Mr. Latzel's relatives in
Germany. At that time Germany
was feverishly arming. Though
they have written repeatedly in
an effort to get news, no word
has been received from any of
Mr. Latzel’s people since the
war began.
DeMolay To Run
City Affairs For
One Day —- 20th
Shelton’s municipal affairs
will be directed for a day by
boys of Mark E. Reed Chapter
of the Order of DeMolay, Mayer
William Stevenson said today.
‘DeMolay Day’ in Shelton has
been set for March 20, he said,
when all municipal officers will
take DeMolay boys under their
wings and show them through
the actual steps of municipal
operations for a full day.
“City officials” for that day
will be named by Clint Williams,
DeMolay chapter master coun-
cilor. Williams himself has been
chosen by the DeMolay chapter
to act as “Mayer.” His appen-
tees will be announced later.
The DeMolay members who
will act as city officials for the
day will attend this week’s city
council meeting Thursday eve-
ning to get their first preview
of the functioning of municipal
affairs, then {sometime next
week each city official will meet
with the DeMolay boy who is
to take his place March 20 and
go over the duties- connected
with that office.
Something new in naval craft is
phibian.
test at Ft. Oglethorpe, Ga.
Twice a Week
TUESDAY and
THURSDAY
OFFICIAL COUNTY PAPER
8T COAST POWER 00.
TIIIINSIIcnoN EFFECTIVE
TODAY; $375,000 REVENUE
BOND ISSIIE IS FLOATED
West Coast Paid $275,000 For Property Here, Last
Left In Washington; $51,000 R.E.A.
Application Cancelled
At one o’clock this morning Public Utility District
(No. 3 of Mason County officially took possession of all
[local holdings of the West Coast Power company to bring
[to a close negotiations for the purchase of the property
I
PIRATES EIGHT
SECONDS SHORT
OF STATE MEET
Two Overtime Periods Needed To
Settle A.A.U. Playoff; Ren-
ton Wins, 51-44
Eight short ticks of the clock,
eight slim seconds of playing time,
separated the Pantorium Pirates
from becoming Shelton's first
entrant in the state A.A.U. bas-
ketball tournament Saturday night.
But those eight seconds were
lenough for Johnson’s Grocery of
Renton to tie up the score in the
first overtime period and then
go on to a 51 to 44 victory in the
second sizzling session of the most
thrilling game ever played in Lin-
coln gym.
The Olympic Peninsula King
County A.A.U. district champion—
ship hung on the outcome of the
flaming battle and with it the
right to enter the state A.A.U.
tournament which opened in Se-
attle last night.
So Close
The struggle was So packed full
of thrills it would take a full
length novel to describe them all,
but here are the top spots of a
game which rasped the nerves of
every fan in the gym, whether
of Renton or Shelton affection.
It was just eight seconds from
the close of the first overtime
period, Shelton leading 44 to 42,
when Nick Puhich crossed over
under the basket to take the re-
bound ‘from a shot a teammate
had just missed, flipped the leather
sphere back over his shoulder
blindly and with the luck of the
fates it whished thru the net for
the points that tied up the con-
test.
_In the second five-minute over—
time this same Puhich rammed
home two more baskets, Strom
gathered a third and Lopan scored
from the free throw line while the
Pirates, their luck and their
stamina completely used, up,
couldn’t register another point.
Both Teams Nervous
From the o ening whistle the
thrills started 0 pile up thick and
fast. Both teams were so tense
they missed countless opportuni-
The Pirates blossomed into an 8
to 3 lead at the first quarter and
led 17 to 11 at half.
Renton began to close in as the
second half opened and finally
tied the count at 21-21. The score
Was tied again at 23, 25, 27, and
29. but Renton first gained the
edge at 33 to ‘32 in the fourth
quarter. It was tied at 25-all at
the end of the third period.
The Pirates immediately regain—
ed the lead at 34-33, Renton tied
it at 34, Shelton ducked ahead, 36—
34, Renton tied it and then went
ahead at 38-36, Bill Taylor dropped
in a free toss to make it 37-38
for the visitors, who boosted it to
37-40 with another basket, then
Pat Smith‘ tucked away a field
(Continued on Page Six)
Seagoing Army Car Gets Test 1
ties in the first half, with Renton ,
the mere luckiess on this score.‘
l
l
which have been under way for some six months past.
Final details of the big transaction were completed
yesterday at Portland in a last conference between officials
of the P.U.D., the West Coast company, and the financial
interests involved in the deal;
The West Coast Power Com-
pany was paid $275,000 for its
local holdings and the P.U.D. float-
ed an additional $100,000 loan
through revenue bonds to take
care of such extra details as the
overhang in inventories by the
two negotiators, the difference be-
tween meter readings and the
time of the transfer, completing
present rural lines under construc-
tion by the P.U.D., working capi—
tal, etc., J. F. Bischel, chairman
of the P.U.D. board of commis-
sioners, stated.
Application for a $51,000 loan
from the Rural Electrification Ad-
ministration which has been pend-
ing for many months has been
cancelled by the commissioners,
Mr. Bischel said, inasmuch as
the $100,000 additional capital in-
cluded in the bond issue will be
sufficient to cover the projects
planned originally to be financed
through the REA. loan.
For the present time, Mr. Bis-
chel said, the staffs of both the
West Coast and P.U.D. will con-
tinue on the job while the ad-
justments necessary in the trans—
fer of ownership are ironed out.
For the balance of this month
both the West Coast office in the
Angle Building and the P.U.D.
office in the Labor Temple will
be continued but at the end of
the month the P.U.D. office is to
be moved to the more spacious
and better located quarters of the
West Coast office, Mr. Bischel
said.
No Rate Effect
The change in ownership will
not immediately affect the rate
schedules now in force for either
the West Coast or P.U.D. lines.
Mr. Bischel said, although he in-
dicated an adjustment in the rates
on some of the West Coast’s rural
lines may be made to conform to
the P.U.D. schedule as one of the
early adjustments for the com-
missioners to study.
Financing of the revenue bonds
in completing the transfer of own-
ership of the utility holdings here
has been handled through the
First National Bank of Portland
for the financial syndicate iden-
tified with Guy C. Myers, North-
west independent fiscal agent.
The syndicate is headed nation-
ally by the investment banking
firm of John Nuveen and Com-
pany, Chicago, and in the North-
west by Hartley Rogers and Com»
pany.
According to accounts of the
transaction in Northwest financial
circles, P.U.D. No. 3 received $1,-
011 per bond for 41/4 % serial bonds
maturing from February 15, 1944,
to February 15, 1971. The bonds
are callable after February 15,
1945, at 105 and at a. diminishing
premium thereafter.
In closing the deal yesterday in
Portland, W. I. McInnes, presi-
dent, and Raymond Clifford, at-
torney, represented the West
Coast; Guy C. Myers, Attorney A.
C. Brodie of Olympia, Ronald Mc-
Donald, commissioner, represent-
ed P.U.D. No. 3; Clinton Prescott,
vice-president of Hartley Rogers
and Co., and Robert D. Douglas of
‘Chicago, represented the financ-
ing syndicate. Closing of the
transaction was handled through
C. B. Stevenson, vice—president of
the First National Bank of Port-
land.
At the same time, Miss Jean
McDonald, P.U.D. 3 auditor, Ma—
son County Treasurer Omer/ L.
Dion and Deputy Treasurer Nolan
Mason sat in on the closing con-
ference at Portland yesterday.
Disposal of its Mason. County
holdings in the P.U.D. 3 trans-
action marks the passing of the
West Coast Power Company as a
Mounted on a raft and with special paddles attached to
rear wheels, the car splashes ahead at about two miles an hour in
utility operating in Washington for
the local holdings were the last
owned by the company in this
state. It’s holdings in Pacific,
Grays Harbor, Wahkiakum, and
Skamania counties had previous-
ly been purchased by public util-
ity districts, leaving the company
now with power holdings only in
Oregon.
No effect will result on the
contracts previously negotiated by
the public utility with the City of
Tacoma or by West Coast with
the Simpson-Rayonier joint power-
house for the purchase of power,
Mr. Bischel said today.
this army bantam car turned am-
Note soldier manning rudder.
