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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 4, 1941)
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON. WEDNESDAY. JUNE 4. 1941. PAGE FTVK L ROAD BUYING FOR PORT EXPANSION Right-of-Way From Midway to Biddle Roads Bought From Schultz for $40C tee. reporting favorably on the application. The application was made through A. C. Leigh ton, vice president of the com pany. Mr. Herman informed the council that the company was taking over Brown's, the cafe at 101 East Main street that has been operated by Harry Frcdette. The council also approved the application of Valentine's for a restaurant and hotel license and a service license. Various recommendations made by the city planning com mission were approved by the council. An ordinance was adopted changing the procedure to be followed in reclassification of property. GIVES ROTARIANS E The city council last night approved the purchase for $400 of a 60-foot right-of-way extend ing from the Midway road to the Biddle road for use in the expansion of the Medford muni cipal airport. The purchase was made from Ewaldt Schultz. j The right-of-way is to be used for road purposes and will take the place of a road to be closed by the airport enlargement, it was shown in a report submitted by J. C. Collins, chairman of the airport committee. The com mittee's report provided that conveyance of the right-of-way be made directly to Jackson county. To Publish Purchase At the suggestion of Mr. Col lins, the airport committee was directed to prepare for news paper publication a list of all the properties bought in the air port expansion and the prices paid therefor so that citizens might see at a glance and with out going to the records at city hall exactly what the land has cost. Mayor H. S. Deuel commented that the airport committee had a difficult job in acquiring the land and in his opinion did the job well. Sale of city-owned lots con tinued at an accelerated pace. The council approved sale of the following parcels: lot 9, block 1 Bryant addition, to Victor Sether at the appraised price of $125: lots 15 and 16, block 3. amended plat of Euclid Park addition, to H. E. Bowser for $500: a piece of land in Imperial addition, on the south side of East Ninth street, measuring 50 by 150 feet, to H. W. Brittsan for $400; lots 19 and 20, block 3, amended plat of Euclid Park addition, to C. B. Collins for $400, and lot 20, block 1, South Sea addition, to H. U. Mitchell for $150. License Approved The council approved the ap plication of the Roxy Ann In vestment company for a package store class B and retail beer class B license, C. H. Herman, as chairman of the license commit- EE Discussion of various phases of production credit operation marked the two-day conference of directors and secretaries of the central and western Oregon associations which closed here yesterday evening. The associa tions at Salem. The Dalles. Klam ath Falls. Redmond and Medford were represented, and a number of Spokane officials were also present. Yesterday Dean William A. Schoenfeld of the State college school of agriculture spoke briefly, outlining some of the problems which will face the associations during and follow ing the present war. He urged the associations to adhere to sound credit policies during the time of high prices and to guard against over expansion. He was preceded by A. B Robertson, vice president of the Production Credit corporation. Spokane, who spoke on "Cred its and Collections." Monday. Otto F. Allgaier. treasurer of the corporation, discussed produc tion credit management and operation, and E. E. Henry, the corporation's president, reviewed the farm credit act, the P. C. A. by-laws and the rules and regu lations of the associations. During the conference E. W McMindes of Salem was elected representative to conferences of the twelfth district. About 35 men attended the sessions at the courthouse. "Thirty Production Credit as sociations in the four northwest states have loaned 210 millions of dollars since 1934 with a loss of about one-tenth of one per cent," said E. E. Henry, Spo kane, in addressing members of the Medford Rotary club Tues day noon. Mr. Henry, president of the Production Credit corpo ration, was in the city to ad dress a conference of association members. "Such a small percentage of :oss indicates that the farmer Doaras oi directors show an aptitude for extending credit to their neighbors," Mr. Henry continued. He pointed out that $1,950,000 of stock In the asso ciations is owned by members The speaker opened his talk by outlining the difficult peri ods experienced by agriculture since 1850 in obtaining short term credit. He stated that establishment of the Federal Reserve system was an out growth of efforts to help agri culture. b-A that it did not ultimately nelp the farmers. He named in order such measures as the Federal Land Bank sys tem, the War Finance corpora tion, emergency seed loan and that It provides a low rate of! interest, does not loan govern ment money, eliminates com petition between associations depends upon repayment capac ity instead of lending against collateral only, provides ade quate capital to back up dis counts and provides an adequate standardized supervising agency in the form of the Production Credit corporation. Mr. Henry was introduced by Bren H. Starcher, secretary of the Medford association. Another speaker was Lee General Assigned. Washington, June , 4. (JP) The assignment of Brigadier General Horace H. Fuller as commandant of the command and general staff school at Fort Leavenworth, Kas., was an nounced today by the war de partment. other set-ups which led to the.BishoD. who outlined the cam. establishment of the Federal paign to secure funds for the Intermediate Credit bank in , u. S. O. 1923. . This bank, he said, served , BELLINGHAM EATERIES some groups dui was noi exten sive enough and the depression brought forward temporary sys tems which led finally to the organization of the Production Credit system in 1933 to fur nish short term credit. Features of this are the serving of all areas alike, the fact that it is cooperative farmer controlled. TAX EXEMPTION post would grant $5,000 exemp tions, a 40-mill property tax limitation and a 2 per cent sales tax to offset property tax reductions. Clotint tun for Too Let to elu- My Ads U I SO p m. Policeman Weighs 385 Chicago (U.PJ Vienna Town ship, northeast of Streator, 111., boasts it has the world's largest policeman. He is Jesse Ash. baugh of Verona. Jesse stands 6 feet 6 Inches tall and weighi 385 pounds. ARE CLOSED BY STRIKE Bellingham, Wash., June 4. Wi A strike of members of the culinary and beverage workers union (AFL) early today forced closure of four large Belling ham restaurants and threatened to close additional hotels and eating places. Portland, June 4. Home owners sought a constitutional amendment here today to pro vide a $2,000 property tax ex emption on owner-occupied homes. Claiming 3000 signatures al ready the home owner's exemp tion league circulated initiative petitions throughout the state. To gain place on next year's ballot. 25,385 signatures are needed. C. H. Ager, league president, said the petitions were a result of a recent state tax commis sion ruling that the variable ra tio assessment system, which taxrtl homes at only a portion of full value, was illegal. A similar proposal bv The Dalles Veterans of Foreign Wars NOTICE: Starting Saturday, June 7, Wardi Will Remain Open Saturday Night, 'til 8:30 p.m. MONTGOMERY WARD 117 South Central Telephone 3930 rrrji I 'IP $ Tf (5) (3) A fe- 1 ) J J $5 A MONTH XV .' 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