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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 1, 1936)
MEDFOKD MAIL TRTBTTNTE, ftfEDFOKP. ( (VREflOX. WEDNESDAY. 'APRTTi 1, 1036. PAGE THREE $200,000 RAISE BY Plans were carried forward today for the Issuance of 0200,000 additional capital stock of the Commercial Fi nance corporation. The stock will be offered for subscription as soon as the Issue receives the formal approval of the state corporation commission. The capital stock increase was pro posed by the board of directors and sanctioned by the stockholders at a special meeting held yesterday after noon In the corporation's office In the - First National Bank building. Of the 1,366 shares of stock represented at the meeting, 1,331 voted for the board's resolution proposing the In crease. The new stock will be 6 pereent first preferred. It will have preced ence over the present 7 and 8 percent preferred and holders of these two classes of stock will be given the right to convert their holdings Into the 6 percent first preferred on a ahare-for-share basis. Of the new stock, 100,000 will be held for conversion by the 7 and 8 percent preferred stockholders and HOO.OOO will be offered the public. If; is to be sold at par to net the corporation the full par value of $100 a share. It is to be sold directly by the corporation so that there will be no deductions for selling expenses. When the new financing is com pleted the corporation will have an authorized capital of 4420,000, dlvid . ed as follows: $200,000 of 8 percent first preferred, $100,000 of 8 percent preferred of which $90,800 Is out standing, $20,000 of 7 percent pre ferred of which $18,000 Is outstand ing, $20,000 of 7 percent preferred of which $18,000 Is outstanding, and $100,000 of common of which $50,000 la outstanding. The company's as sets now exceed $700,000. W. W. Walker, president and man ager, presided at yesterday's meeting. It was attended by H. O. Snodgrass, chairman of the board and president of the Mercantile Acceptance corporation,- San rranclsco. After the meeting Mr. Snodgnss said: "The board la gratified by the con fidence of the stockholders. We feel we can be Justly proud of our presi dent and manager, Mr. Walker. Un der his management the corporation's business has Increased more than 60 percent In the first three months of this year over the same period last year. "We are enjoying a substantial In crease' In earnings because of a larger volume of business. Our directors feel that this Increase in capital will enable us to continue our dominat ing position In the automobile finance business in southern Oregon." Mr. walker pointed out that the corporation has maintained dividends continuously through the depression, having an unbroken dividend record for the past nine years, an accomp lishment equalled by few financial Institutions anywhere. Other officers of the corporation are: Vice-president, Joseph A. P glni, vice-president of the Mercantile Acceptance corporation; treasurer, O. A. Meeker, president of the M. M. de partment store; secretary. W. Balck burn; and assistant secretary, Frances Kenney. The board Is composed of Mr. Snod grass, Mr. Paglnl, Mr. Meeker, Mr. Walker and Porter J. Neff, MedfoM attorney. WATER PROSPECTS TO BE Representatives of the bureau of agricultural engineering, the state engineer, the California Oregon Power company, the reclamation ser vice, and the county watermaster, will meet Thursday at the court house to study snow coverage data, and attempt therefrom to make a forecast of the 1938 irrigation water supply for the Rogue River valley. The meeting has been called by Arch Work, regional snow coverage director, In charge of snow cover survey work In this section. Snow measurements this year have been on a co-operative basis, between the government and the state. The snow is measured for depth and water content. Reports from all dis tricts of southern Oregon will be submitted at the meeting. Measurements have been taken In this county by Crater Lake National park aides, the forest service. County Watermaster Clinton Smith, the California Oregon Power company, and the Irrigation districts. The state will be represented by Assistant State Engineer J. H. Ryan of Salem. 4 AT Funeral services for Oren R. Adam son, victim of a truck accident on Siskiyou highway construction Mon day, will be held at the Conner chapel here st 1:30 Thursday. Interment will b in the Trail cemetery ijtl idylls Hotel Corneliui 539 S.W. Park Feel at Home in "The Heart of Portland' Comfort Convenience Courtesy Service attractive luteal Society By Janet Tolle-Smith Rites Performed Tuesday In a ono o'clock ceremony yester day afternoon. Miss Claudlna M. Tolle. daughter of Mr. and Mrs. Walt er Tolle. became the bride of Allen A. Smith at the Methodist parson ag, 36 North Oakdale avenue. The ring ceremony was performed by Rev. Oscar O. Olbson In the pres ence of close friends and relatives. Among the guests were Mlas Grace Smith, sister of the groom; Larry Tolle. brother of the bride; and the Misses Alene Long, and Barbara Wall and Burt Lowry, Jr. The bride was gowned In a street dress of blue worn with a beige coat and accessories, a spray of gardenias completing her costume. The young couple left Immediate ly for a honeymoon on the coast, ex pecting to return In about a week to make their home here. Both bride and groom attended school In Med ford and have a large number of friends In the city and valley. Birthday Celebrated With Sunday Dinner Mr. and Mrs. 8. A. Leaverton en tertained a number of friends and relatives at their home on P,oward avenue Sunday In honor t Mr. Leaverton 'a birthday. Covers were laid for dinner. . Besides the host and hostess the following relatives and friends were present to enjoy the celebration and extend good wishes to both Mr. and Mrs. Leaverton: two sons, Clyde D. Leaverton, of Absorkee, Montana, and Henry C. Leaverton of Murphy, Ore.; one grand daughter, Miss Vera Joy Leaverton. Mrs. Henry C. Leaverton, Mr. and Mrs. Wm. Corcoran, Miss Iris Cor coran, Jerreld, Myron and Lllley Cor coran and Mrs. Augusta McCormlck. Recent Meeting Well Attended Eighteen members and friends of the Women's Relief corps were enter tained recently at the home of Mrs. Emma Whelden for the usual month ly social afternoon. Booms were beautifully decorated with flowering quince. An im promptu program was presented dur ing the afternoon and refreshments served by the committee In charge, Mesdames Llttrell, Elnkopf and Peterson. " It was announced that the regular meeting of the corps will be held Thursday afternoon at the armory at two o'clock. Those In charge par ticularly request the presence of all members as a special surprise event is being planned. Mrs. Vern Draper Honored Monday Honored Monday evening was Mrs. Vern Drager, whose birthday was the occasion for a surprise party arrang ed by a group of friends at the Drager home, 15 Crater Lake avenue. Cards and games were presented for entertainment during the eve ning, with refreshments a late hour feature. Guests were Mr. and Mrs. Everett Carkln, Mr. and Mrs. Jack Butler, Mr. and Mrs. Monty Roundtree, Miss Margaret Melllng, Mr. and .Mrs. Geo. Prey. Also John Kiedermeyer, Mr. and Mra. Bud Husted, Miss Pat Michael, Frank Johnson, Jack and Junior Drager and Mr. and Mrs. Vera Drager. Pan-Hellenlo Meeting Friday Announcement Is made that Pan HeUenlo will meet Friday afternoon at the Medford Hotel for a one o'clock lunoheon, instead of Satur day, as usual. Mrs. Olen. Arnsplger and Mrs. Dolph Phlpps will be hostesses for the afternoon. A cordial Invitation is extended anyone eligible to Join the group at luncheon Friday. givei you ttnd money . A to ftpy your hohby IOO a month for life This practical pUtt provide i lifelon income of iny t mount of from 930 to $500 mooih, beginning when you arc 55. 60 or 65. Positively smrenteed! The pun also includes life imunnce pro tecnon, disebilire income, tnd growm cub reierre. Aik tbe local Oregon Ma ts Life men for free booklet tmna ell the facta; no oblittiion. C.L.GOFF Special Representative 410 Beatty Street. Phone 1MI-V Oregon Mutual! ife Heave Ofict: Portland, Oregoa Oraanlted ainder tbe lawa of Oregoa CkX- "' Era m ti, a fa fin"? Park Ave Hotel 623 8 ff Pira and Clubs Wray Smith Beta Chapter Announce Program Beta chapter, Delphian society, will meet tomorrow morning at 9 o'clock at the Girls' Community clubhouse, the session to have as Its general topic, "The Difficult Way to Irish Freedom." Mrs. E. P. Merrick will apeak on "Ireland, the Internal Disunion"; Mrs. Bruce Bauer, "Poynlng's Law"; Mrs. J. H. Fletcher, "Economic Opression"; Mrs. B. C. Wilson "Why Unification With England Failed to Solve the Problem." Mrs, H. R. Prentice. 'Pitt's Policy for England"; Mrs. O. A. Eden, "The Land Tenure Regulations"; Mrs. W. S. Bolger, "Gladstone and Irl6h Relief": Mrs. Chester Hubbard, "Parnell and the Land League." Mrs. O. O. Alenderfer, "The Sig nificance of Sinn Fein"; Mra. W. O. Btfhop, "The Rise of the Irish Free State." Current events will be under the direction of Mrs. p. C. Cole. Medford Group Greets Officer Motoring to Klamath Falls yester day were Mr. and. Mrs. O. B. Alden, Mra. C. M. Houston, Mrs. G. H. West and Mrs. W. A. Young, who drove over to attend a session of Aloha chapter, O. E. S. Occasion was the official visit to the Klamath Falls chapter of Mrs. Myrtle Peterson, associate grand ma tron of Oregon. The Medford dele gation report an unusually interest ing and entertaining evening, and state that although Klamath streets are icy, mountain road conditions were very good. Miss Mary Kera ( ;'v ' Pledged onTampui SV.V ' According to word received here. Miss Mary Kem. daughter trtsWr. and Mrs. H. D. Kem, has befcpnie affiliat ed with Chi Omega, social sorority. Miss Kem was pledged at the con clusion of spring tafrm "rush" week on the campus.) Twelve women's liv ing organizations- pledged 36 co-eds during the eek, It was announced. Mla-Keni'( a graduate of Medford high school.) Is a freshman in music on the campus. Carnation Club Entertained Recently Members of . the Carnation club were entertained recently at the home of Mrs. Ida M. Wilson, an un usually large attendance featuring the evening. Guesta occupied themselves with quilt block pieces following the busi ness session. Later the hostess, as sisted by her daughter, Mrs. Norman Gall, served refreshments. Circle Plans Session Friday , Mrs. Roland G." Beach will enter tain the members of the East Side Penny circle of the Baptist church Friday afternoon at her home, 113 Geneva street. Study topic Is announced as the 24th chapter of Acts. 1i -Mi Mrs. Frame To Be Hostess e Mrs. R. W. Frame will be hostess to ladles of St, Mark's guild, at her home In Phoenix, Friday. The meet ing will start at 10 In the morning, a covered dish luncheon being plsn nde for noon. The day will be spent In sewing, according to the announcement. AH members are particularly urged to te present. . Anyone wishing transporta tion la requested to call Mrs. M. M. Herman at 661-Y. Meeting Chance" Announced by Club Announcement Is msde that the meeting of the Pythian club will be held In the clubrooms Thursday even ing, instead of a private home as pre viously stated. Mrs. Ida Cole will act as hostess for the evening. SUBSTANTIAL FEED IS PROMISED ELKS A really substantial meal Is being planned by P. C. "Sodypop" Blghara, chairman of the Elks committee on food for the big dinner which will tomorrow night precede the special meeting and Installation of officers at the lodge temple. Walter Olmscheld will be ins tailed as exalted ruler to succeed E. W. Winkle who will be Installed as trus tee. Joseph A. Burroughs will as sume the chair of esteemed ' leading knight, and Arthur Hess will be in stalled as esteemed loyal -knight. Robert A. Duff will become esteemed lecturing knight. Ernest L. Scott, secretary, and George T. Frey, treasurer, were re elected at the recent elections, as was N. S. Young as tiler. The meeting tomorrow night la ex pected to be one of the largest of the year, and all Elks are asked to make a special effort to attend. Mrs. Katherlne Wright, one of the two defendants in the damage suit of Cue Newbury, underway in cir cuit court, was a witness in her own behalf thia morning. Her co-defendant, Marie Collins, was scheduled tp follow her to the stand. Attorney Newbury seeks $6013 dam ages as a result of an auto accident on the Pacific highway north of Cen tral Point last December when the auto driven by Mra. Wright and be longing to Marie Collins, collided with his. The plaintiff sustained Injuries, when forced under the steering wheel by the Impact, he alleges. The case Is now expected to be In the hands of the Jury late tomorrow. New print dresses , 6.76 sie.00 $19.78. ETHELWYN B. HOFFMANN'S. Buckingham's Ice Cream, Candy & Parly Specials The Crest. 330 8. Ceit 1 f: V HERE IN AUTUMN . Lost River butter, a new product in the Rogue River valley which Is msde of cream produced In the Med ford area. Is now available in stores of thts city, according to an an nouncement yesterday by R. C. Wood ruff, manager of Lost River Dairy. Inc. Mr, Woodruff was In Medford Tuesday conferring with Lester Mer rlman, W. F. ("Buster") Story and H. A. Hucklns of the Lost River or ganization here. The Introduction of this new butter marks a definite expansion in the .activities of the Lost River dairy in this section of southern Oregon. In commenting upon the future plans of this com pany in Medford, Mr. Woodruff said: "It is our intention to construct a mode rn , ne w ere a mery i n Med ford during the fall of 1936. We feel that the Medford territory Is one of the very finest In the northwest and are backing our opinion with an am bitious expansion program here which will Include added personnel, a new building and added equip ment here. All local people will be employed when the new plant is con structd." Lost River dairy has operated In Medford and the Rogue River valley for the past two years. The present headquarters of the company la lo cated at 200 West Eighth street, where quantities of cream produced in this area are now being purchased for the manufacture of Lost River butter. The making of this butter Is personally supervised by Lester Merrlman, well known dairyman and a member of the staff of Lost River dairy. W. F. ("Buster") Story Is in charge of cream buying for Lost River, while sales for the company are supervised by H. A. Hucklns. Interesting facts concerning the Lost River dairy were also made pub lic yesterday by R. C. Woodruff. This company, which started a quarter of a century ago with a small milk route In Klamath Falls, now has a staff of 120 people and operates 66 trucks. Over one and one-half mil lion pounds of Lost River butter have been produced and sold during the life of this company, Woodruff said. WILLIS GRIFFIN TAKEN By DEATH Willis F. Griffin, 60, a son of the late W. M. and Mary A. Griffin and a member of one of the old pioneer families, passed away at the homo of his brother, George H. Griffin, near Grants Pass, March 31. He was a former well known resi dent of Jackson county and for the past 17 years had been a resident of Josephine county. Funeral services will be held at the A tor Hall funeral home in Grants Pass April 2 at 1 p. nv. under the auspices of the Shan Creek Grange, of which he was a member. Interment In the Orlffin family cemetery on Griffin creek near this city. He leaves to mourn his passing nu merous relatives and friends. Sentence will be passed this week upon Boyd Hamilton, Applegate dis trict resident, found guilty by a Jury of larceny of livestock, and Ray I. Brown, who plans to enter a plea of guilty to a charge of polygamy. Hamilton still maintains his inno cence, despite the Jury's verdict. It was reported today that friends plan to ask leniency. The case was In volved and contained considerable conflicting testimony. Brown atanda charged with enter ing into marriage with a woman of the Central Point dlstrlot before a decree in a divorce suit of his first wife, In the state of Washington, had been issued. The complaint was filed by his eeoond wife. Ditsworth Berries Given Brand Name The famous strawberries grown by Frank Ditsworth on the fertile slopes of Prospect will be marketed here after under an exclusive brand name or trade mark. The brand will be "Ditsworth 'a Mountain Grown." Exclusive use of the name has been granted by the secretary of state. Mr. Dits worth's berrle are known throughout southern Oregon for their firm texture and delicious flavor. The bulk of the crop is usually marketed here through the Reliable grocery. PORTLAND, April 1.- ( AP) iHarry A. Ydstle, formerly train dispatcher for the Southern Pacific system at Roseburg, will be burled here tomor row. He died Monday In a hospital. He was 48 years old. toasting works ji wonders in a tea leaf It releases extrjp flavor lockedCin eacn leaf -extra flavor you get 7w , acnuung ii ii n only inf Bees In their hives are originators of air conditioning, saya Dr. Frank T. McFarland, University of Kentucky botanist. Permanents tw.ou. Foster Special at Cook's Beauty Shop, Hotel Jackson. Phone 61. Mary Cook & Cord i a Os wald. 0 MVE SiSKffMl SEVEN CROWN MWSM CROWN BLENDED f$Jswj5w2l3 BLENDED WHISKEY WHISKEY VIM I Mfcf M IIBX SmfDitriUrt Crp. UutitUritu Uwrtnttburg, JW-; bslUmwrt, Md. LoMiivillt, Ky.ExHutiv9 Officru Ntu Veri Announcement! H. F. Barrett Is No Longer Associated With This Laundry For Prompt And Courteous Service CALL THE I want my cigarette mild, of course I hardly think anybody enjoys a strong cigarette. But de liver me from the flat, insipid kind. I find a great deal of pleasure in Chesterfields. They're mild and yet they seem to have more taste and aroma. I enjoy them. An Increase in December -of 203, 311 In the number of German radio owners brought the total to 7,192,053 for 1035. Factory style workmanship thor oughly guaranteed Your watch or Jewolry repairing receives my person al Attention. Jno W. Johnson. They Satisfy. . just about all you could ask for Detacjied bath With bath BEN O. GBIMSON Mp. IN THE HEART OF THE CITY C Ucem a Mrui Toxccci Co Portland Port land
