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! Grants Pass Pilot
ike
(gjIanS gal -e .B -Et.-
Company in gfjfa JJIanrath.
coui Gvi :ci-g fiis t.
wage in';o5ag;,g 3
entS(ppr hot, ?. fcIrviS.gY
Managing vi f ewiife of the
Pi InduSH,- &
(3;:iUee said ($:c&y. 0
Ing said siirjaf age
creases had aprwi ta ty
the Warm $ir$ j&njet
C?ipan- "8a eiin Or.;
thV WBww t'fipaf.y
and Coos &aGe t'm
pany, both f iii.r ftefwft,
Calif.; Conife Srtidjiet,
. Mufglhy, OriO, Clre
gon P-wood cjrfai.tt, XJta? is
Pass; and r3ptfftf tfRiStojrees
of Ef-ard Hine Coiji-s
Jany Hinesr$g D?e.
HiWes lower fc4 flari
employees in sc$.-?4Fig, Jhe
graduated indrissf. w
Thomas, gadfer A Afeef
Manila, (fS.I. (U.R) ID. S. Sec
retary of Navygia?; Ttoffias
nd Adm. Arthur . &Jrod,
chrman of She cr.'f Chisels
of Staff, arrival ft talks
with American ng, f&ijif pit
defense officials.
(gliomas ar)R;oi?t.? sfili ftit
with officials or 8iVf f iisiS
and Philippine qh" &S.
They al: will (Jbgr r?ita
naval istallations at Sjibic Bay.
I Resting in Hospital
I .r-4- tc MID' Frofl Wlo
local pilot injured last week
ed, when hi light plane crashed
i!i rugged mountains west of
fvere, was recovering in s local
hospital today from severe
burns.
Kale's plane crashed near
Black. Bar lodge. He was later
taken, to ifarial where an Army
f.elicopter picked him up yester
day and; flew him to North
Ber-id. Tbere a mercy flight plane
pilottd ty George Milligan of,
!lford picked him up for the
flight rere.
Pages 1-8
ME
Second Section
Tribune
MEDFORD, OREGON, THURSDAY, DECEMBER 29, 1955
Haw Snake Bridge
At Ontario Denied
Ontario (U.R) A rumor that
the proposed new bridge over
the Snake river between Oregon
and Idaho might be built near
Huntington father than Ontario
was scotched yesterday by an
Oregon state highway commis
sioner. Commissioner Charles Reyn
olds? La Grande, said that both
Idaho and Oregon, road authori
ties had agreed that the new
bridge should be built about ?4
of a mile upstream from the
present U. S. highway 30 bridge
at Ontario".
i?eynolds said Oregon was
buiiding a new S3,000,000 pri
mary read from Huntington
south to Ontario and that there
sees ro likelihood the bridge
siteo would be moved north to
the Old Ferry -Huntington area.
0
.
QUITTING BUSINESS SALE
b
Q
JVCRYfHING
14 rB Vk OFF
O 0 o
Cameras
Profectors
Flash Bulbs
Photographic
Paper
Chemicals
Slide Viewers
fcrttn
Trinorlc
Light Meter
Filters
ColorFilm
lighting
Equipment
E CAMERA-SHOP
524 E. MAIN 9 PHbNE 2-2953
Mortgage foreclosure At Bend Inn Fill
Portland (U.R) Clinton R.
Perkins, Seattle, business and
hotel man, yesterday filed suit
in U. S. District Court here to
foreclose a 8150,000 mortgage
on the Pilot Butte inn at Bend.
Defendants named were Jack
and Anna Corbett, Bend; Lucille
Corbett, Sacramento, Calif.; Peg
gy and Gene Harris, Mesa,
Ariz.; Harold and Carol Corbett,
Hermosa Beach, Calif.; and the
U. S. government which has
tax liens against the hotel.
The Corbetts bought the Fry
hotel in Seattle from Perkins.
l
As part of the agreement, Per
kins was given the mortgage
on the Pilot Butte Ina.
Sudan Tricolor
To Be Rased Sunday
Khartoum, Sudan (U.R) The
new Sudanese tricolor will fee
raised Sunday for "the first time
in celebration of the independ
ence of Sudan.
The blue - yellow - green flag
will be hoisted while British and
Egyptian flags are hauled down.
b tmn teA fef M ml bak?
MMf fitkmit im restr
to ahfiaat Wiktt at J
Far fittar tatM
ElttJrf ib rfi( (
fhoto by Jack Holper
HEY! WAfT FOR ME PuH, an Irish setter (or is it Hawaiian?) wades rap to fire depart
ment utility truck to be rescued along with other evacuees at Kentfield, Cal. New
storms lashed Northern California with torrential rains and gale force winds, flooding
rivers and virtually isolating many sections.
Some Senators Said Concerned
Over Terms of Ford Stock Sale
Washington (U.R) Sen. Jo
seph C. O'Mahoney said today
that some senators are deeply
concerned over terms of the
forthcoming offer by Ford Mo
tor Co. to sell 10,200,000 shares
of its stock to the public.
The Wyoming Democrat noted
that the Ford family will retain
firm control over the company
although the public will have
60 per cent of the voting power.
The family will have the other
40 per cent.
"Members of the Senate of
both parties to whom I have
spoken . . . have expressed deep
concern, and I have no doubt
whatever that the issue will be
brought before the banking com
mittee," O'Mahoney said in an
interview.
A committee spokesman de
clined to comment other than
to say staff members are looking
over the Ford stock prospectus
which was filed' with the Se
curities and Exchange Commis
sion last-week- "The committee
held lengthy hearings early this
year in an investigation of the
stock market.
- ,mw1r, iiiiMH m in j 11 l . ll jl in. i i mi mi mm 1 ""
j Mo r re 11 Pride
I Llg- Tnderized shank H,,f or who1 I
ii MB?
O'Mahoney is chairman of a
Senate Monopoly subcommittee
which recently, held extensive
hearings to gauge the impact of
General Motors Corp. on the" na
tion's economy.
He said the Ford stock pros
pectus "illustrates, just as the
General Motors hearings did,
that in our giant corporations
the public although owning a
majority of the voting power
is without substantial, control
over the policies of the com
pany." Senator Plans Legislation
To help correct this situation,
O'Mahoney said, he plans to in
troduce legislation to abolish all
forms of non-voting stock and
to require appointment of at
least one director of every large
corporation to represent stock
holders owning less than 100
shares each.
Under reported plans, all of
the publicly-owned Ford shares
would be in such blocks.
The Ford Foundation will re
tain 67.6 per cent of the Ford
Motor Co. stock, but it all will
be non-voting. The public will
have 20.3 per cent and the Ford
family interests 12.1 per cent.
Ground Chuck
Good and Quick fw fh Holiday!
3
Peayf B
utter
fmayf'i 11 -ox.
T at lite
rot
BORDEN'S
Cream Cheese
29'
For Holiday
Dip
Reg.39e
8
W Git
S&H If
Grata J
Srswpt
PLEASE D06 FOOD
t Strawberries 4 forT
Kg' " SluKed Olives 33'.,.
S tootades 2ra25'
Hjli.
It AH Qui Mny Customers and Friends!
$fee VfW MARKET Will Be Closed: Sunday
and &4oAfy. 1st and 2nd, for Building Maintenance
By UNITED PRESS
Background on Ford Stock
The Ford Motor Co. is the last
of the nation's giant privately
owned corporations. But next
month the majority of Ford's
voting stock will be offered for
sale.
The Ford family has con
trolled the vast automobile em
pire since 1907 four years aft
er the company was founded.
Henry Ford bought out his part
ners one by one.
But now the Ford Founda
tion, the billion-dollar philan
thropic organization created by
the Fords, wants to diversify,
its stock holdings. That means
Man, Retiring at 66,
To Get College Degree
Schenectady, N. Y. (U.R) Re
tiring at 66? Not John A. (Jack)
Thirkeldsen.
When co-workers gave him a
farewell dinner, marking the
end of his 22 years with the U. S.
Navy inspection service at Gen
eral Electric Co. here, they
learned that "retirement" was
just a figure of speech to Thir
keldsen. .
Next June, he will line up
with members of the class of
1956 at Siena College and re
ceive a B.S. degree in economics
as the oldest graduate in the col
lege's 17-year history. He's been
going to college at night and dur
ing the summer since his wife
died several years ago and plans
to enter the insurance and real
estate business in California or
Florida.
BEWARE
Of
1&ITAT10US
LOOK
fOK THt
HAPPY
UUUD09
ttPPf
TOPS IN QUALITY!
tew m mm
sale of some of the 88 per cent
of non-voting .Ford company
stock that it holds.
Voting Power of 60 Per Cent
The foundation will' sell 22
per cent of its stock 10,200,000
shares. The shares when sold
will carry a total voting power
of 60 per cent. The Ford family-
will retain 6,480,750 shares a
voting power of 40 per cent.
However, since the public
shares will be scattered through
out the world, the Ford family
will have more than enough
stock to retain operating control
of the billion-dollar corporation.
Usually as little as 10 per cent
of a big corporation's voting
stock is enough for operating
control.
The stock is scheduled to go
on sale about mid-January. The
price: Probably between S60-70.
Stock brokers say the customer
waiting-lines are very long.
The Following Retail
Lumber and MillwOf;
Dealers Will Be
DECEMBER Jiff
SMITH DYNGi IUMBER CO.
O BRUCE BAUER LUMBER CO.
O MEDFORD LUMBER CO.
O MEDFORD MILLWORK CO.
O BIG PINES LUMBER CO.,
HIGHWAY LUMBER CO.
HAPPY NEW YEAR To One and All
awiekf
UUiP TOW." IMS.UJ'1 1
KVtrttimtTiiiiiiiiTiiiiii
u..WIWiWmt!fW!illilliJ.IJJI;W
Mteiiiwiiiiiritfi!iniiiii'
HOLIDAY TIME
. . . is Canada Dry time!
Time for drinks to sparkle. Take a bright, lively .
Scotch and soda... the kind Canada Dry Club Soda
makes. Or a deliciously dry, light rye or bourbon
highball . . . mixed with Canada Dry Ginger Ale. .
Or a brisk, bitter-sweet gin-and-tonic, made
with Canada. Dry Quinine Water. The point '
is, Canada Dry makes a mixer for every
kind of drink . . . and Canada Dry makes
all drinks taste better.
THE FLAVOR YOU LIKE...
THE NAME YOU KNOW
0
MIXER POft
tVffWff TATg)
J5?l!i4S?f Quinin Water
' "Piflilrl. Col,ins Mixr
' LrKwodf)
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