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
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Our Sale 1 not STUPENDOUS or GIGANTIC and we are
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ship in this part of So. Oregon, therefore
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We now hire on hand 20 used Chevrolet! from 1921 to
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mouths, Dodges. Buicks and Studebakert.
We especially call your attention to a 1940 Ford one-ton pick
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This week-end we will have en display the last word in e
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TGOAAERY WARD
TELEPHONE 3930
117 SOUTH CENTRAL