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