Medford mail tribune. (Medford, Or.) 1909-1989, April 12, 1950, Image 12

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Medford mail tribune., April 12, 1950, Image 12

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Newspaper Page TextTWO MEDFORD (OREGON) MAIL TRIBUNE Wtdnaiday. April 12, 1950 s3 , t . - -A . SKYSCRAPER FLOOD Water cascades down the stairs u a New Vork ropoi ter splauhes his way to cover a fire on the 23rd floor of the famous 80-tory Woolworth Building. The Maze caused extensive damage to offices and fixtures. The 729-foot skyscraper Is the sixth tallest building In the U. a SYNOPSIS Or ANNUAL STATKMKNT Fer Ul ' nd"' ln,ber ' IT PAUL FIRfc MARIN INSURANCE CO. f lalnt Paul, In me SUle of Mlnne U m.da to Ihe, Insurant, torn mlT.lor o( . out. of or.son, ur suant u law: INCOME Not pramluma received $ 43J8S.873.S5 Total Inttrast. dividend. end real e.ute Income 3.370.1W.M Income from other 4ll3g0J0 source. ' Tout Income S 47.047.186 M DISBURSEMENTS "Vcei"0""1 ""'I'...."'' 17374.38398 la.. ,diu.unent ex- UndrTrltinf ' pe. 1M3MMXI Dividend, paid or crcd- Ited to policyholder. All other expenditure. (Includlni investment expenie. SO) 1.BBS.444 0I Total dl.hiicemenU 3B.820.02B.08 ADMITTED ASSETS Value of rcl e.tle own- ,,.,,. ed (m.rket v.luel i 2.3U.874.IU Loans on mortlaies m on collateral, elc 10.694.71 Velua of bond, owned . l.morUMd) 49.083.80J.BS iEr&'iSE." 3...0..10S34 n.r.d" !""!!,.."nd...0n 5.1B6.0S9.J1 Premium, in course of collection written .Ince September 30. 1949... S.624.272 99 In.nd".ccrued"nU...d",!. 3IMW.9U Oth aSeli (net) l.B2.69.16 Total admlllcd a.iet" $100,9402.37 L1AI3IUI I ir.. Bimri,ua " n'1'llVH VIINI1K Tnl.l unoalri claim. ....9.065.601.20 Estimated Ins. adjust- paid claim. 404.000.00 Total unearned pram- iumB 32.on3.B61.7d All oUier liabilities 8.834,0110.20 except capital ' 30.4H.232.1U Capital paid up $10,000.000 00 Special aiirplit. funds: . 40.422.700 18 urplu. a. regard, pol icyholder. $ 30,422.700. IB Total $100,840,032 37 sprlu BUSINESS IN ORKC.ON FOR THE YEAR Wet premiums recalvedS 341.B13.I9 Net losses paid 333.603 81 Dividends pmrt or cred ited to policyholders 0 Principle office in Orrjron. 1012 Fall ing HullriinK. Portland 4. Orceon ROIIINSON-Wll.KINSON-POTrtR INSIIRAMK AfiKXI'Y II. 8. Mi l. Hank ltld. Mrriford, Oregon ToUl Income $3,507,384.74 DISBURSEMENTS .... a H rnr $1,223 Loss adjustment expense. 136 underwriting. eH""" Dividends paid to stock holders IC a s n. none. . i. si nn7 S.1 I Dividends paid or credit ed to pollcynolders All othor expenditures in cluding inVL-Bllllcm penses 1$ none) .. SYNOPSIS OF ANNUAL STATEMENT ror the year ended December 31, H4 Of the . . w iUal.iHrf rDMPANV unir.ni , .... u .. a .. of HAKIirORO. In the SUte of CON NECTICUT made to the Insurance commissioner of lie SUte of Oreion. pursuant to law: Net premiums received $3,406.652 62 Total interest, dividends i --I Miili Income 1B9.8H4.UII Income from other source. 868.03 .033 62 136 M .972.30 176.722.92 Total disbursement. $3,127 vaiuc ui lea. ed (market valucl ...... $ 277 vaiuc ..i (amortliedl Value of .lock, owned (market value) 3,708 Cash In bank, and on Premiums In course of COUDl-MUIl WIHWI" c . .-. ttt I Q1Q 317 OCJIVII,UO u, if--, interest ana renn uu nnd accrued Other asseu met) SB .887.73 .074.01 .440.48 .149.00 .244.79 ,966 03 .291. B4 ,843.3U Total admitted asseu $8,933,011.63 LIABILITIES, SURPLUS AND OTHER FUNDS nv. ..n.i.l ,.,.lm. $ 381.737.00 Estimated loss adjustment clml 26,300,00 Total unearned premium. 4,01)3.337.66 All other llalillllle. 300.9U4.46 cent capital $4,804.21)9.12 Capital paid up $1,000,000.00 Special . u r- plu. fund.: . 27.000 00 Unilli gned fund. (. u r plus) $3,lor7l2 33 c-nl, rmrili nnlirv- holders $4,126.71233 Total $8,933,011.63 BUSINESS IN OREGON FOR THE YEAR Net premiums received ....$ 38.080 81) Net losses paid 3.B34.13 Dividend, paid Jo credit ed to policyholder. 0 Prlncmle office In Oregon. 100B WIL COX BUILDING, PORTLAND 4. OREGON ROBINSON-WII.KINSX1N-POTTER INSURANCE AGENCY V. S. Nat'l. Bank Bldg. Medford, Oregon Dead line Sunday Classified la at i Hr n Saturdays. Gold Hill Gold Hill, Apr. 12 Parent Teachers' Association will meet Thursday, April 13, at the school gym at 8 p.m. The sixth grade mixed chorus will give several selections. A special feature will be the guest speaker, Harold Stiehler, a German exchange stu dent attending Southern Oregon college. The second grade moth ers will be hostesses and, Mrs. E. H. Cooper and Mrs. Dale Clem ent will be chairmen of the re freshment committee. The pub lic and all parents are invited to attend. Home Extension Unit will meet Friday, April 14. at the home of Mrs. Arthur Straus on Sixth Avenue at 10:30 a.m. The demonstration, "broiled meals," will be conducted by Mrs. Lester Thompson and Mrs. M. C. Han cock. All members and guests are requested to bring their own table service and fifty cents to pay for the luncheon unless oth erwise notified. Any interested persons are invited to attend. Al Nutson suffered a stroke Saturday and was taken to Jose phine General hospital. At lat est reports he was slowly im proving. Walter Miller of Ashland, son-in-law of Mr. and Mrs. A. E. Cook, suffered burns while re pairing a mill when a tester ex jloded in his hands. He was hos pitalized for some time. Del Elliott and Fred Swenson, both of Portland, visited their cousin. A. E. Cook and Mrs. Cook and other relatives in Gold Hill last week. The men did not com tnncther nor did they know of each other's presence in Gold Hill until too late to see each other. Mr. and Mrs. Roy Centers re ceived word Monday of the birth of a girl born April 10 to their son-in-law and daughter, Mr. and Mrs. Dexter Rivet of Sacra mento. Calif. The baby weighed six pounds, 15 ounces and has been named Gayle Melinda. Mrs. Centers will leave Thursday to spend some time with her daugh ter and family. Mrs. Marian Centers of San Francisco came here April 9, to visit her neDhew and family. Mr. and Mrs. Roy Centers. She will remain at their home wnue ivirs. Roy Centers is in California. Mr. and Mrs. Richard Straus and daughters will visit with Roy Centers and Joanne and Mrs. Marian Centers while Mrs. Centers is in California. Miss Betty Lcvine and Miss Geneva Davis are busy prepar ing their apartment for comfort able living after spending the spring vacation at their homes north of here. Miss Levine spent part of her time with her par ents near Monroe, Ore., and Miss Davis spent part of her vacation at Eugene. Arthur Straus and Robert Sage attended the Oregon Edu cation Association conference in Portland the curly part of hist week. Mrs. Maude Coy Robin son also -attended the confer ence. Mr. and Mrs. James Milton of Homcdalc, Idaho, visited Mr. and Mrs. Allan McGregory at their home in Rogue River during the spring vacation. Mrs. Milton and Mrs. McGrcgory are sisters. The McGiegorys are also enjoying a visit with their son who is in the navy who arrived home April 9. for a visit before going away for maneuvers. Scores of displaced children of tender years traveling alone are being brought to America by the "ship's mother," t h e trained nurse and child specialist on the Batory of the Gydnia America Line, assuring them every at tention on their first Atlantic crossing. 6 CYLINDER SPECIALS For APRIL 1939 to 1950 BRAKE SPECIAL Passenger Cars HERE'S WHAT WI DO Clean & Lubricaf Psrti Involved Only $1 4- HIRE S WHAT Y0U GET 3 X i Labor Involved Clean and Rtllnt Brakt Shoos Check all Brake Parts involved for Safety Check and Adjust Brakas Set of Brake Lining Brakt Safety Check Extra Parti and Labor Not Included Tune -Up Special Only 13 l"E51'90 Hero's What Wo Haro'i What You Do Get Clean and Init.H - - . . , . ,, Point In distributer !''l""". Test and seen distributor Carbureter valve Clean carburetor ft Install sjiiket, sle Carbureter likrl Clean and Met fuel D,,lrjklrtw t,A,H pump Iniull new ipaih 0 let Spark 1u(S sjlufS 10,000 Mile Ser. Special Only 40 Horo'i What W. Do Pack all ttheeta 'III ft adjust skeeki tlH krit. master arl. Cbanfa Trans, ft DIM. frease 0 Chanfe meter eN Chanie ell filter Clean air cleaner Clean ft test battery Cemplet lebrlcatlen 2rj to 1950 Car Horo't What You Get Wheal (rease Shark fluid Irake fluid Trans, and Diff. freaae I ajt. meter ell Oil (liter cartridfe Oil ter air cleaner Grease ter lubricating Crater Lake Motors, Inc. Premier Earl of England Opens Vegetable Stand to Keep Home for Descendants By Robert Musel United Press Correspondent London, Apr. 12 U,R) The woman who bought a pound of parsnips at a roadside stand in Staffordshire murmured, "Thanks, my lord," as she took the bundle. The Earl of Shrewsbury and Waterford. Premier Earl of Eng land and Ireland, who also car ries the ancient titles of Vis count Ingestre. Earl of Talbot and Baron Talbot, rang up the sale. Behind him reared the classic bulk of his ancestral home, Ing est Hall. There the Earls of Shrewsbury and their blood pre decessors have lived for 800 years. Turns to Peddling The 35-year-old present earl, the 21st of his line, has turned fruit and vegetable peddler in an attempt to save the historic hall for his descendants. Not all his noble friends have been able to hold on to their an cestral homes. Plagued by mounting inheritance taxes and the heaviest income taxes in the world, they have let them go to pay off old obligations and avoid complete bankruptcy. Even Lord Rothschild of the banking family finds it difficult to keep his big houses. He has asked permission to pull down moated Rushbrooke Hall, where Queen Elizabeth held court in 1578. It takes five tons of coal a day to heat the historic building and two county councils have re fused it as a gift. Too Isolated Rushbrooke Hall is too isolated to allow Rothschild to follow the example of the princess royal King George's sister and others of noble blood and open his home to the public at so much a head. The Marquess of Bath, for ex ample, admitted 120.000 visitors to his 100-room LonKleat house during 1949. That brought him about $40,000. The Duke of Dev onshire had 110,000 tourists tramping through his family seat, Chatworth, last year. the uuke of Marlborough. who recently opened Blenheim Castle to the public, hopes to better even these figures. He has a special attraction the room in which his cousin. Winston Churchill, was born. Henry Hornvold - Strickland has turned over Sizergh Castle. Duiit in 117U, to the national trust to prevent it falling into ruin. He blamed "savage death duties" for taking the home his family had occupied for 750 years. Other Homes Opened Among other noteworthy homes recently opened to the public in the hope of saving them for posterity are the Earl of Derby's 400-year-old Knowley Hall: The Duke of Northumber land's 650-year-old Alnwick Cas tle; Sir Cuthbcrt De Houghton's Houghton Tower, where King James I knighted the loin of beef in 1617, thereby creating sirloin sleak; and venerable Ad lington Hall, whose great hall is held up by two live oak trees dating from Saxon days. Other noblemen, like the Earl of Shrewsbury, have gone into a trade or business. The Marquess of Milford Ha ven, who recently married an American, helps run a laundry service. The Earl of Westmor land, once mentioned as a possi ble suitor of Princess Margaret, has resigned from the army to become a bookie, a respectable occupation in Britain. Others have become automo biles salesmen, cookery school operators, stock brokers and journalists. Table Rock Estates i Again Sponsoring School Contest Gold Hill, April 12 Table Rock Estates is again sponsoring a contest in the Gold Hill school in grades from the seventh through the twelfth years as was done last year, John Day, a member of the company, inform ed Arthur Straus, superintend ent of the local schools. Every member of each class is eligible to submit an essay. Three prizes will be given each class, first prize, $25, sec ond, $15 and third, $10, making total prizes for each ol the six classes the amount of $50. Any subject may be chosen on which to write, such as recreation, education, civic improvement or whatever a pupil chooses. Only restriction will be to have the essay place special emphasis on Southern Oregon and the Rogue River Valley. The contest will close May 5, with all essays placed in the hands of the class teachers or advisors and will be part of the regular English- class work. These instructors will choose the six best essays of each class and will submit them to a group of impartial judges who will select the three best essays of the six from each class. Judging will be completed by May 19. It is hoped that all the chil dren will enter into the spirit of the contest and submit essays. Last year about two-thirds of the children submitted essays. Navy Calls Off Hunt For Unidentified Sub San Francisco, Apr. 12 (U.R) The navy called off its search to day for an unidentified subma rine reported sighted on the sur face 32 miles west of the Far allon islands by the pilot of a military air transport plane. The navy said that a search of the area was negative except for a large school of whales. A navy spokesman said "it is possible that from a high altitude a whale could have been mistaken for a submarine." Tokyo, Apr. 12 (U.RJ The Japanese government announced today that Finance Minister Ha yato Ikeda is expected to leave April 25 for a three-week tour of the United States. VSUILDERS SUPPLY 'aw Quality Pumice BLOCKS - BRICKS FLUES 727 W McAndrewa Rd. PHONI t-4107 Week-Long Drive To Raise Funds For University A week-long drive to raise funds for an International Christ ian university near Tokyo, Ja pan, will be launched at schools in -the Medford area on Monday, April 17, according to Mrs. Har lan P. Bosworth, campaign co chairman here. Booths will be operating In the schools. Students will sign rosters indicating "votes for peace and good will," and at the same time will give donations toward the university founda tion. Drives Scheduled Jim Wclty, Medford high school student, is arranging the campaign in high schools of Med ford and vicinity, and Miss Earl ine Rogers, Medford, is handling the drive at Southern Oregon college and Ashland junior and senior high schools. They are expected to announce their pro grams within a few days. 1CU week is a national under taking by youth, and on Sunday, April 23, closing day of the drive, rosters and gifts will be dedicated in special worship services, prepared in part by Christian young people ol Japan. Near Tokyo The university is located at Mitaka. 17 miles from Tokyo. Japanese contributed 154 million yen for purchase of the site. Educators of the school will be from many lands. The university will have education, government and social welfare graduate schools of professional caliber and a four year undergraduate college of liberal arts. A purpose of the school's train ing will be to encourage and stimulate democratic outlook and action. The university is spon sored by leading educators in the United States and Japan. Lutheran Church To Sponsor Concert Here ct Ditii-'i T.iithnrnn church has invited the general public to a sacred concert at the church at 1020 East Main street, Thurs day, April 13 at 8 p.m., by the Concordia chorus of Portland. The chorus consists ol ju maie voices. All singers are students pnnnn-lo nnllnnA mnst nf them receiving pre-ministerial training. According to the local pastor, uwu u VAnne the rnncert will offer a variation of sacred music. There will be no admission charges but a freewill ottering will be taken. A t6tal of $10'million is sought to complete the project. A solici tation outside the schools is plan ned following the youth drive. Jackson County Gets Gasoline Tax Money Salem, Ore., Apr. 12 Secre tary of State Earl T. Newbry to day announced the apportion ment of $1,992,554.39 in motor vehicle and gasoline tax moneys to the counties of Oregon. The distribution represents 19 per cent of the revenues to the state highway fund for the first quarter of 1950 from motor ve hicle licenses, motor vehicle fuels taxes, motor carrier fees, and fines for violation of the motor vehicle law. Apportionments by counties included: Jackson. $86,407.52; Joseph ine, $38,780.94; Klamath, $64,. 175.88; Lake, $11,227.27. Edward IV of the House of York was 6 feet 3 inches tall. The EXACT SAME whiskey as us distillers drink! I PRICE REDUCED Ofl'lfl' I. $10 $195 reSJI Wilken Family 1 BLENDED WHISKEY J 5 PROOF. 75 GRAIN NEUTRAL SPIRITS. THE WILKEN FAMILY fO.,LAWRENCEBURG, I NO. ARMOR COAT A Superior Waterproof Paint for Leaking Walls, Basements, etc. AVAILABLE in WHITE AND COLORS PHONE 2-6211 SOUTH RIVERSIDE Main at Fir Sts. Phone 2-6297 Coming Friday & Saturday APRIL 14 & 15 Published in Cooperation with Medford Merchants by THE MEDFORD MAIL TRIBUNE Medford Merchants' City Wide Sale Shop In Medford and Save!