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4 C HEARSf’S SI'N'DAY AMERICAN, ATLANTA. GA..'St'NOAY, MAY 18, 1913. Millionaires Only to Play on New Atlanta Link s Druid Hills Golf Course Will Be Finest in South CULEBRA SLIDES 'GEORGIANS SUE ON MINE DEAL GROW RAPIDLY Senator Bourne Plans Federal Aid for Highway in Every State in Union. BONDS TO RAISE FUND Georgia Entitled to $24,500,000 in Proportion to Total Land Area. WASHINGTON, May IT.—The <*x- ptndlture of $288,200,000 In the con struction, improvement and mainte nance of good roads in the twelve Southern State* was the recommen dation made by Jonathan Bourne, Jr., in his report which has just been submitted to the Joint Committee on Federal Aid in the Construction of Post Roads of Congress Senator Bourne's suggestion fol lowed a year’s thorough Investigation of the public highways problem throughout the United States and hie entire recommendation coveting the forty-eight States of the Union en tails an expenditure of $8,000,000,000. In order to raise this amount of money Senator Bourne has devised a plan by w+iich Congress shall create a fund to be known as the United States Highway fund. For the pur pose of providing money for this fund, hs has suggested the issuance and sale by the Secretary of the Treas ury of bonds of the United States In such form as he may prescribe and in denominations of $20 or multiples of that sum at not less than par. Tn* - f bonds shall be payable semi annually ai the rate of 8 per cent, pc, unum. ^ From the fund thus accumulated vator Bourhe recommends tha. • < States may he entitled to draw, or- \ i.lcd they shall established what .11 hi known as a State Highway ‘ un’ission which will have charge in- . bursement of the funds. Distribution of Fund. The distribution of the national fund, among the several States, reads Mr. Bourne’s report, shall be deter mined as follows: The United States Highway Com mission shall ascertain the total land area, assessed valuation of all taxa ble property and the total mileage of public highways in each State and this average shall be the per cent, of the general fund that shall be apportioned and credited to that State The amount of money secured by ••ach State shall be made returnable within the next fifty years. Senator Bourne has Incorporated Into his report a table covering the area, population, assessed valuation and total mileage of roads in the several States and has computed the apportionment to each. The allot ment of the Southern States follows; Georgia $24,500,000 Alabama 17,200,000 Florida 9,500,000 North Carolina 17,400,000 Tennessee 17,000,000 North Carolina 17,400,000 “Enajctment of the legislation here in suggested.” declares Mr. Bourne’s report, "would benefit the States by the utilisation of the credit of the Federal Government superior to that enjoyed by the States, without addi tional cost to them. "At the same time co-operation would be assured, and Federal dis trict engineers would supervise the road construction and see that it was conducted intelligently. Thus an equal opportunity would be created and better roads throughout the Un ited States would be the result, mak ing inter-state travel easily accom plished." In summing up the salient features of his recommendations Senator Rourne declares: "In conclusion, I realize that the suggested bill can undoubtedly be Improved, but after many weeks' thought and study on the subject It appeals to my mind as presenting u plan of which at least some portions can be utilized to advantage The establishment of practical and desirable co-operation between the Federal Government and the States. Team w drk between the Federal specialists on good roads and the State specialists, without subservi ent e in the State instrumentality to any Federal bureau or department. The establishment of a practical. < oncrete plan for a long period w ith definite knowledge as to the liability >>f tiie Federal Government, its Habit- it in the indorsement of me State end; 1 doing inconsequential in one 'dewpoint, namely, that the State would ever default either on princi pal or interest of its bonds. Bond Limitation. A bond limitation of 10 per cent, of assessed property valuation, with realization that default In payment of interest or principal to the Fed eral Government must result in dis continuance of future Federal assist ance and cessation of immigration or further outside Investment in the State, would eliminate possibility of George W. Adair, Planning Rec- % reation Ground Exclusively for Wealthy Citizens, Goes Abroad to Study Construction There. >wn golfer c oines "Where shall ley will rep ly w lies 1 lion: H ow mmh a re y If he says "a hunt >m« * such me a sly -k him anotl her t; "Are you athletic?” If he aavs he Is, they will send him to the Athletic Club's course at East I#ake. If he says he is not. they will recommend the milder exercise of the Brooktoaven links. But. If, in answer to the first ques tion mentioned the wouid-be player replies: "Oh. I am a millionaire.” with one voice they will nay to him: "You play at Druid Hills For when the Druid Hilla Golf Club opena. Atlanta will have a Million aires Golf Club” the only one in Dixie, and one of the few in America. It will be of. for and by million aires. 11h exclusiveness will niHke that of New York's Four Hundred appear like the Third Ward Chowder and Picnic Club. Atlanta ia getting to be the most amazing golf city of itm size in the United States. It haa four golf George Adair snapped while golfing and, below, two views of the proposed ‘ ‘ million aires only” links in Druid Hills. Section Two Miles Long Now Moving Into Canal Bed—Work Greatly Hampered. WASHINGTON. May 17. The »'u- earacha slide at Culebra has again begun to move, and reports received at the War Department slate that the situation is more dangerous than . ver. A slide in dry weather is un usual. In the past week the Cu lebra slide has shown greatly in creased activity. The entire rail way track on the seventy-foot level was threatened and one track was covered, leaving only one additional track open for work. All loaded and empty earth cars are obliged to go over this one track, which seriously retards the progress of the work of excavation. The . slide section now is nearly two miles long. Some idea of the magnitude of the difficulty with the slides may be had from the fact that in the period since 1807, when the first occurred, 6,133.000 cubic yards of earth have moved Into the canal prism. This mass must be moved nt great expense as a part of the work of construction. But for the slides there would now be only 1,- 600,000 cubic yards to take out at Culebra, instead of 6,600,000. Terracing to reduce the weight of the surface and stop the slides has been begun. The total amount of excavation at Culebra has been in creased by slides to 99,516,000 cubic yards and for the entire canal to 218,138,000. There remains now', out side of Culebra Cut. 1,400,000 cubic yards of earth and 1.400,000 cubic yards of rock to be taken out. Continued From Page 1. Stovall, vlge president: J. T. Ander son, treasurer; A. M. Dobbs, secre tary, and George .M. McKenzie. J C Cooper. (’. W. McClure, directors of the company. The suits ask that these men be held personally responsible for their alleged illegal operations and thut the affairs of the company be liquidated. A. E. Wilson, A. E. Hamsaur and Colquitt & Conyers are the attorneys? in the cases. History of tho Company. The history of the Las Colot adas Mining Company, as outlined in the allegations of the complainants, fol low's : The defendant*, some time in 1907. chartered the Las Coloradas Mining Company under he laws of Arizona, then a Territory. The capital stock was $5,000,000, snares with a par value of $1 each. Previous to the organization of the company, the defendants got control of a small tract of "arid and unim proved land, perhaps 100 acres, more or less, in th.* State of Chihuahua, Mexico,” which the petitioners be lieve was of no value. The new min ing company took over this tract of land at a valuation of $100,000. Of the $5,000,000 capital stock. $4,- 000,000 was assigned to the promoters and the other $1,000,000 was desig nated as treasury stock. The Marietta Trust and Banking Company was named trustee, to hold the certificates of stock in the mining company for five years, thus forming a pooling agreement or voting trust. Instead of stock certificates, inves tors were given the receipts of the bank. Then the promoters began selling stock. Mr. Bostwick says they told him the mine was in a region abounding in rich deposits of silver-bearing ore; that numerous mines had been devel oped and were making rich returns in the adjacent territory, and that rich veins of silver had been discovered in the Las Coloradas mine. Specimens of Ore Shown. Mr. Bostw ick says J. C. Cooper told him that he had subscribed to more stock than he was able to pay for at the time, and as ready money was needed for the development of the mine, he would let Bostwick buy- some of the stock at the same figure Cooper paid for it. 1 He says Cooper showed him a let ter from a supposed mining expert or the ground, and also showed him specimens of high-grade silver ore, supposedly from the company’s mine. Bostwick says Cooper and George McKenzie explained to him that the pooling agreement had been arranged to protect the original stockholders, and that it would prevent any indi vidual stockholder from gaining an advantage over others, and would pre vent individual stockholders from sell ing out their holdings and thus de preciating the value of the property. His petition reads "They repeat edly stated that they were sure, in so far as assurance was humanly pos sible, that their mine was a valuable one, practically unlimited in richness and in the quantity of silver-bearing ore deposit, and that development would produce enormous returns upon the investment." Bostwick relates that he was told a large number of shares had been sold for 40 to 50 cents; that none had been sold for less; that none would be sold in the open market. | He says he was told that the original j stockholders would not part with their stock were it not for the fact | that money was needed for the pur- j chase nf machinery. However, he says Cooper was will ing to part with 5,000 shares of his stock at 25 cents per share, because llostwicks standing as a business man in the community was such that 1 he would be a valuable man to have I associated in the enterprise. Urged on the grounds of personal : friendship, Bostwick finally purchased stock, giving his note for $1,250. He let the whole matter ride until the pooling agreement w ? as up. At the ! termination of this period he got his certificates of stock. After a while he began to investi gate, to see what dividends he had coming to him. The investigation, he i says, developed that in June, 1912, a meeting of stockholders of the com pany was held, but that all the stock holders were not notified or called to the meeting. "Not Able to Meet Taxes." W. M. McKenzie, at the meeting, he alleges, made a statement that the mining company had not been able to meet the taxes due on the real property belonging to It, which taxes were due to ihe Mexican Government. Mr. McKenzie stated, according to the allegation, that under the laws of Mexico, taxes on realty had to be paid quarterly, and that, as the min ing company had no funds, W. M. McKenzie, Mell R. Wilkinson and James T. Anderson paid the defaulted taxes, and therefore, under the law of Mexico, were entitled to the prop erty. Bostwick sets forth in his petition that these men were at the time, and still are, directors in the Las Colora das Mining Company, and thus were acting hostile to* the interests of the stockholders. Bostwick alleges that the stock holders never w r ere notified that the taxes were due or in arrears. Learning of the strange deal, whereby the directors seized the stockholders’ property, Bostwick says he made further investigations which revealed to him that John T. Pittard, William Eberhart and C. E. Barron, who had put .their money into the company in the same way, to the amount of £3,900. had attempted to get information as to the status of the company, and had turned their case over to an attorney, A. E. Wil son. Books Never Produced, He Says. Wilson, unable to get the infor mation Y » wanted, demanded the. books. These were promised for his inspection, hut never were produced, it is alleged. At last, the petition states, Wilson made demand for the return of his clients’ money, which was refused Then he prepared suit, setting out al leged insi Ivency and Negligent ana fraudulent management. In order to prevent an exposure it is alleged. William and George Mc Kenzie paid Pittard, Eberhart and Barron in full the amount they had put into the company, together with interest for five years. Bostwick further alleges that W. M. and George McKenzie, J. W. Estes and James T. Anderson transferred their holdings to C. W. McClure, "part of the consideration for said transfer being that the said trans feree should hold them free from loss In any future demand that might be made upon them for adjustment and refunding similar to that enforced by Pittard, Eberhart and Barron.” He sets forth that this is an evi dence of guilt. He charges that the proceeds* of the stock sales "went into the pock ets of the defendants for their. oJXn individual gain, without being ap plied in any manner to the benefit of petitioner and his fellow pur chasers of stock, or .to the, develop ment of the property Or the com pany " Changes False Statement. He charges that Cbopefi and Mc Kenzie, "while posing as friends of the petitioner, and taking advantage of the confidence that petitioner ;it the time reposed in their integrity, adopted the methods of the profes sional promoter, even down to thu minute details of specimens from the vein and letters from the expert on the spot.’’* He charges that Cooper was not bound to pay 25 cents per share for his stock and that such statements were false. •’No arrangement -was made." says the petition, "and none was con templated whereby any of said money was to be sent so far away from homeV as the Republic of Mexico, said par ties having much more attractive uses for money than the purchase of mining machinery. ’ Hightower’s petition is almost the same. In their answer, the defendants set up the plea that the revolutionary conditions in Mexico have prevented development of the property. Their version of the deal whereby# Pittard. Eberhart and Barron got back the money they paid for stock is that Wilson threatened suit, and at the very time when they had an opportunity to sell the entire hold ings of the corporation at an attrac tive figure. They feared that liti gation, even If they won JJ, would break up the deal, and that under promise that all such litigatioh would be dropped, they returned the money to the three complaining stockholders. William C courses finished or in process of con struction. No city In the South, ex cept Atlanta, has more than two. East Lake Best. For years the course at East Lake has been the best in the South—and now they are changing It from end to end, just by way of improving it a hit. Then came Brookhaven, an ex cellent course. And now- they are building courses at A ns ley Park and Druid Hills. Of course the Druid Hills golf course wouldn’t have * happened ex cept for George W. Adair, the most enthusiastic golf course builder in the United States to-day. Mr. Adair, as president of the At lanta Athletic Club, gave East Lake the best links in the South. Then he didn’t have a golf course to build and was utterly disconsolate until he conceived the idea of giving Druid Hills a course that would have a little something on every' golf course in America From the start Druid Hills has been a sporting proposition It took the combined forces of a lot of million aires. along with superb nerve and a. half-million cash to get control of the property. Then it took another half-million to put in some roads and sewers and such. So when the suggestion of a golf course was made there was not even a flutter of protest. Tho fact that it would cost another hundred thou sand or so was not material "Go to It." they told Mr. Adair. And he went. Golf Course Knowledge It might be mentioned that there are a few things that George Adair knows about golf courses. Five years ago, with a view of rounding out a remarkable career as an amateur sportsman, he took up golf His progress was rapid amazing, in fact, for a man who took up the game after the dead line" was passed— for the golfing "dead line" is thirty, and they say that no man save one ever learned the game after he passed that mark. Yet in five years George Adair has become one of the leading golfers of all the South. Once interested in golfing, Mr. Adair took up the study of golf courses. He read all the books on the subject, he subscribed to all the magazines. Some question arose* as to the East Ijake course. And it could not be settleiL without expert testimony. So Mr. Adair promoted a professional golf tournament, got some of the greatest of American players here and incidentally settled the questions at issue. Then he began a study of American courses. He has played on all the best of them, has talked with the men who designed them, and he has given the matter more thought in a minute than the average golfer would in fifty years. Something of the intensity of George Adairs enthusiasm over the matter of golf course construction can be judged by the fact that ho is going to England and Scotland this summer with just one object in view to study the famous courses there and to talk with the famous Brit ish and Scotch experts Tator Bourne’s rot ommen- Before he is thro ugh. Mr Adair ie «sa\ will know as mm •h of golf course con- ew jreople realize the iin- struction as any mat on the Ameri- j ■•lit on us all by b< id roads can continent. ent handling ’em pare Milliona ires' Cou r se. ng train In which a cauls a great nuui- Jed cars at fair speed I. half loaded cart or the product is taken of production to the The difference is and waste. his knowledge will be lav- he construction at Druid the "millionaires’ golf And all J ished on Hills of I course.” It may as well be admitted right I here, at the risk of ruining the story, that the membership will not he lim ited arbitrarily to millionaires. A j glance a^the list of members shows several probably a good half-dozen whose wealth is not over $500,000 But they are all millionaires, potenti ally at least, and are on their way. Of course, be it noted, all million aires are not eligible. They have to be acceptable to the other millionaires or they can’t join. In order to guarantee exclusiveness admittance to the club will be by in vitation ONLY. The backers of the organization realised that any old millionaire could manage to get his name put up somehow. So they pro vided that the members be recruited by invitation only. And the cheap millionaires have no chance at all. The new golf course will be in many ways the most remarkable in all America. It would be unbeliev able to any except those who had actually been there, that such land existed within fifteen minute's ride of Five Points as that over which the Druid Hills course extends. Streams, hills, gullies, precipice?, rich bottom land and- wild hillsides com bine to afford natural hazards and natural fair greens and putting greens the like of which were never seen before in Dixie. H. H. Barker, greatest of profes sional golf course experts in America (himself an Englishman), laid out the course*, and he did the greatest job of his American career Individuality Chief Feature. The chief feature of the cotorse-- among its multitudinous features is the individuality of its holes. In many courses there are a half-dozen holes exactly alike. You can play them any old time without knowing which is which, except for the num ber on the tee box. The Druid Hills holes are indi vidual. Each has some peculiar i characteristic that makes it stand out. i One of them has a tee on a towering precipice—-a most amazing tee. An- other spreads over a saw-toothed 1 strip of ground that would leave an Alpine goat gasping for breath. An other has a green, virtually surround ed by streams. And so it goes the whole length of the course. You can play the average golf course with an equipment consisting of a putter, a mid-iron and a driver. But the Druid Hills course will be a blessing to a club professional, for a man will need eight or ten clubs of various sorts to negotiate it. And ; any play er who gets around without using them all will have had an {amazingly fortunate day. No Tragic Difficulties. Vet it is not a course beset with j an.v tragic' difficulties. There are no "impossible" holes. There are sev- j oral that will acquire their fair share of strokes. But any man who can j hit a ball straight need never be in trouble. It was the original intention not {to bother with much of a club house i -just ;*tYcr the golfers a place to keep ■ their clubs, get a shower bath and maybe a cup of tea. More recently it has been decided to keep to the "millionaire" idea by putting a clubhouse that will overtop in magnificence anything in the South The plans have not been I worked out yet. but when the con tracts for the clubhouse are let. the figures are likely to be large enough to make the average board of direc tors gasp for breath. The course will not be open to play ! for months y et. Of course they may i polish off nine holes in some sort of 1 shape by the middle of summer. But it will be way into the fall before j the course will be really rigid. ? And. in the meantime, if \Vu want !«• play on one of the most •emark- able of American golf rourses^und if y ou haven’t got a million dolla better begin getting it. ■ ■ ■ “Hello!” “Hello!” Appetite and Digestion Busy? Then you possess the real secret of good health. Guard it carefully and at the first sign of distress ■ or weakness take B HOSTETTER’S STOMACH BITTERS It promotes and maintains health. Get a bottle. It will help you. ■ Jl ■ Entered College at Forty, Wins Honors Mrs. Anna Powless Will Be Gradu ated from University of Colorado on Wedding Anniversary. BOULDER. COL.. May 17.—Mrs. Anna Holiday Powless. 40 years old. will be graduated from the University of Colorado in June on the twenty- fifth anniversary of her wedding. In four and one-ha If year.-; she has com pleted her A. B. work, made up fif teen hours of high school credits and added fifteen college hours that will be credited to her work for an M. A. degree, which she hopes to attain. She has not only been a brilliant student and elected to Phi Beta Kap pa, but she has also found time to write short stories and articles of timely Interest that have been ac cepted by the leaning weeklies and monthlies of the country. The record of Mrs. Powless is won derful, considering all the things she has undertaken and accomplished so well during the four and one-half years at the university, and consider ing the further fact that she was forced to give up her work six weeks this year because of an operation for appendicitis. She is undecided as to her plans after graduation in June. She says that everything depends upon ilie plans that Mr. Pow less may make. I Her motto has been, "It is never too late to learn, aind that one is just as I old w ithout an education as with I one.” Capital Beauty to * Christen Destroyer Miss Marguerite Le Breton to Name | the McDougal. One of Three De stroyers Now Being Built. BATH MAINE. May 17.—Unusual interest is taken here in the an nouncement from Washington that j Miss Marguerite Le Breton, a Wash ington society girl, is to christen the destroyer McDougal. which is to be built at the Bath shipbuilding yards. It is the first time the Navy Depart ment has picked a sponsor so far ahead of the launching of the ship. The McDougal will not glide down the greased ways Tor at least a year and a half, the Bath company announced Work on the McDougal will be started in about six months. The de stroyer w ill be a sister ship of the I Cummings and Uassin. The three have! already been nicknamed the "triplets.”! The McDougal*will be the last of the! "triplets" to be launched. The other two are now nearing completion and l are expected to be ready lor christen- | Ing in about a month. Their sponsors l have not yet been chosen by the navy] officials. Miss Le Breton is the granddaug >. j ter of Commander David McDougal. for w horn the destroy er is named. ARTEMAS R. ROBERTS, President A. R. WILSON, Secretary AMICABLE Life Insurance Company WACO, TEXAS $1,000,000 Deposited With the State Treasurer of Texas Growth During the First Three Years Commenced Business April 2nd, 1910 DATE Admitted Assets April 2, 1910 $ 474,657.50 January 1,1911 . 823,258.38 January 1,1912 1,369,388.76 January 1, 1913 1,769,449.71 April 1,1913 1,780,400.33 Insurance in Force—Paid For None $ 1,830,206.00 5,544,706.00 12,674,411.00 14,232,638.00 No Life Company Same Age Ever Before Equaled Above Record Insurance Written (Paid) During 1912, $9,015,955 We want several high-class producers in the city of Atlanta and throughout North and East Georgia, to whom we will give liberal contract. Call or write for information at once. MARCELLUS M. ANDERSON & A. J. SHROPSHIRE, JR. Agency Directors 501 EMPIRE LIFE BUILDING, ATLANTA, GA. White City Park Now Open