LEGAL NOTICES
LEGAL NOTICES
NOTICE TO CREDITORS
IN THE CIRCUIT COURT OF THE
STATE OF OREGON FOR JACK
SON COUNTY
In the Matter of the Estate of PETE
SULLIVAN. Deceased.
Notice is hereby given that the
undersigned hfls been appointed by
the Circuit Court of Oregon for
Jackson County. Administratrix of
the estate of Pete Sullivan, de
ceased. All persons having claims
against the said estate are hereby
notified to present the said claims
with the proper vouchers to the
undersigned Administratrix at the
offices of Harbison and Pfazza. 207
U.S. National Bank Building. Med
ford. Oregon, within six months
from the date of this notice. Dated
and first published this 22nd day
of April. 1958.
Zita Maddox. Administratrix
Harbison and Piazza
Attorneys for Administratrix
NOTICE OF ANNUAL SCHOOL
FLECTION AND MEETING
NOTICE IS HEREBY GIVEN in
compliance with Sec. 331.010. ORS.
to the legal voters of School Dis
trict No 10. of Jackson Countv,
State of Oregon, that the ANNUAL
SCHOOL ELECTION of said Dis
trict will be held at schoolhouse:
between the hours of 2 P.M. and
8 P.M. on the first Monday of
May. being the 5th day of May,
A D 1953. for the purpose of elect
ing one district director for 5
years, one Rural Board member-at-large
for 3 yeas and one Rural
Board Zone 3 member for 3 years.
Dated this 1st dav of April. 1958.
Floyd H. Baiter
Chairman Board of Directors
ATTEST:
Estelle Bollard
District Clerk
LEGAL NOTICES
NOTICE OF ANNUAL SCHOOL
ELECTION AND MEETING
NOTICE IS HEREBY GIVEN, in
compliance with Sec. 331.010. ORS,
to the legal voters of School Dist
rict No. 59. of Jackson Countv,
State of Oregon, that the ANNUAL
SCHOOL ELECTION of said Dist
rict will be held at High School:
between the hours of 2 P.M. and
8 P.M. on the first Monday of May,
being the 5th day of May, A.D
1958. for the purpose of electing
one district director for 5 years;
Electing one rural board member'
at-large for 3 years: Electing one
Rural Board Zone member for 3
years
Dated this 10th day of April
1958.
Mariorie Biden
Chairman Board of Directors
ATTEST:
Fave Orgain
District Clerk
LEGAL NOTICES
NOTICE OF SCHOOL MEETING
Notice is hereby given to the legal voters of school district No. 3C of Jackson County,
State of Oregon, that a SCHOOL MEETING of the said district will be held at Schoolhouse
on the 8th day of May, 1958 at 8:00 o'clock p.m., for the purpose of discussing the budget
for the fiscal year beginning July 1. 1958 and?ndina June 30, 1959, hereinafter set forth.
BUDGET FISCAL YEAR 1958-1959
SCHEDULE I
SUMMARY OF ESTIMATED EXPENDITURES. RECEIPTS AND AVAILABLE CASH
BALANCES, AND TAX LEVIES
Estimation of Tax Levy Total
All Funds
Total Estimated Expenditures $ 75,895.44
DEDUCT:
Total Estimated Receipts and Available
Cash Balances 35,443.88
Amount Necessary to Balance the Budget 40,451.56
ADD:
Estimated Amount of "Taxes That Will Not Be
Collected During , the Fiscal Year for Which
This Budget Is Made, v Including Estimated
Rebate on Taxes 3,526.98
General
Funds
$ 71,242.88
Bond Interest
and Sinking
Funds
$ 4,652.56
35, 13.88
35,799.00
2,835.51
4,652.56
691.47
Total Estimated Tax Levies for Ensuing Fiscal
Year $ 43,978.54
$ 38,634.51 S 5,344.03
6. Analysis of Estimated Tax Levies:
(a) Amount Inside 6 Limitation
(b) Amount Outside 6 Limitation $ 43,978.54 $ 38,634.51
(c) Not Affected by 6 Limitation
INDEBTEDNESS
1. Amount of bonded indebtedness (Include all negotiable interest-bearing war
rants issued under ORS 328,205) $ 57,500.00
2. Amount of warrant indebtedness on warrants issued and endorsed "not paid
for want of funds"
3. Amount of other indebtedness 1 .
4. Total indebtedness (sum of items 1, 2, 3) $ 57,500.00
SCHEDULE II
Actual Receipts
Fiscal Year Fiscal Year
Ending Ending
June 30, 1956 June 30, 1957
GENERAL FUND
ESTIMATED RECEIPTS
Budget
Allowance
Current
Fiscal Year Item
Estimated
Receipts
Ensuing
Fiscal Year
20.
$ 2,474.67 $ 2,813.72 $ 2,484.00
4,027.82 5,085.21 3,487.90
15,828.25
170.47
867.22
1,505.00
1,608.50
14,443.29
162.35
1,631.61
1,407.58
1,931.38
15,300.34
155.25
1,547.00
1,888.58
1,984.86
Revenue From Intermediate
Sources
21.1 County School Fund $ 2,637.18
29.9 Miscellaneous 4,000.00
30. Revenue From or Through State
Sources 1
31.2 Other Basic School Fund Receipts 18,896.62
33.1 Common (irreducible) School Fund 175.95
36.2 Federal Money Received Through
State - 1,588.68
40. Revenue Direct From Federal
Sources
41.1 Public Law 874
50. Revenue From Other School
Districts
51.0 Tuition and Transportation 3,026.25
$ 26,481.93 S 27,475.14 $ 26,847.93
. 6,024.24 1,557.99 4,519.24
TOTAL RECEIPTS - .,...$ 30,324.68
Beginning Net Cash Balance Less
Cash Working Fund (or Deficit) $ 5,119.20
32.506.17 $ 29.033.13 S 31.367.17
Total Budget Resources
General Fund $ 35,443.88
SCHEDULE III
Actual Expenditures
Fiscal Year Fiscal Year
Ending Ending
June 30, 1956 June 30,1957 Fiscal Year
GENERAL FUND
ESTIMATED EXPENDITURES
Budget
Allowance
Current
Item
Estimated
Expenditures
Ensuing
Fiscal Year
$ 400.00 $ 400.00. $ 500.00
35.00 35.00 35.00
50.00 50.00 50.00
35.00 35.00
14.82 14.04 10.50
88.00
$ 499.82 $ 622.04 $ 630.50
$ 5.032.40 $ 5.166.66 $ 5,500.00
22,773.32 20,602.00 22,405.00
200.04 225.00
150.00
836.20 919.51 878.93
752.81 555.72 800.00
439.13 432.58 662.75
$ 29,833.86 $ 27,876.51 $ 30,621.68
$ 3,013.19 $ 3,600.00 $ 3,900.00
35.00
824.66 . 644.04 657.12
1,250.98 1,397.92 1,753.95
761.99 765.57 879.69
91.25 97.37 150.00
$ 5,942.07 $ .6,539.90 $ 7,340.76
. ... - - -
$ ' 536.75 $ 1,927.10 $ 730.00
1,181.87 1,974.97 2,255.00
70.35 19.60 150.00
28.49 154.69 75.00
$ 1,817.46 $ 4,076.36 $ 3,210.00
$ 27.90 $ 28.65 $ 31.05
26.36 19.02 26.00
4,715.92 4.007.70 4.277.70
4.898.77 5.388.76 4,977.60
3,500.00 3,248.40
423.64 329.58 293.08
207.00 1,098.00 1,234:80
2,761.20 2,761.20 2,861.20
250.00 250.00
867.22 1,631.61 1,547.00
35.00
S 17,678.01 $ 18,547.92 $ 15,498.43
$ 714.49 $ 699.55 $ 605.54
189.25 184.00 ' 202.00
1,180.68 1,531.60 1,858.24
792.98 ' 783.43 974.34
$ 2,877.40 S 3,198.58 $ 3,640.12
$ $ 1,888.58 $
258.08 217.51 260.00
S 253.08 $ 2,106.09 S 260.00
S 56.67 $ 53.33 $ 100.00
I. General Control
1. Personal Service:
(2) Clerk $ 500.00
(4) Compulsory Education and Census 35.00
2. ' Supplies 50.00
3. Elections and Publicity 150.00
4. ' Legal Service (Clerk's Bbnd,
Audit, etc.) 10.50
5. School Board Dues .-. ,. 35.00
6. Total Expense of General Control
II. Instruction
1. Personal Service:
(1) Principals $
(3) Teachers
(4) Substitute Teachers
2. Library Supplies, Repairs
3. Teaching Supplies
4. Textbooks
6. Other Expense of Instruction
780.50
5,900.00
24,000.00
300.00
150.00
822.90
812.50
887.50
7. Total Expense of Instruction $ 32,872.90
III. Operation of Plant
1. Personal Service:
(1) Janitors and Other Employees ....$ 4,000.00
(2) Janitor's Convention
2. Supplies 666.75
3. Fuel 1,753.95
5. Light and Power 879.69
6. Telephone 150.00
8. Total Expense of Operation $ . 7,450.39
IV. Maintenance and Repairs
1. Personal. Service $
2. Repair, Maintenance and
Replacement
(1) Furniture and Equipment .
(2) Building Structure
3. Upkeep of Grounds
4. Other Expense of Maintenance
and Repairs
600.00
1,803.14
919.45
300.00
200.00
Total Expense of Maintenance
and Repairs $
Auxiliary Agencies
Health Service
(1) Personal Service (nurse, etc.)
Child Guidance $
(2) First Aid
Transportation of Pupils
(1) Personal Service
Supplies and Repairs
Replacement of Buses
Insurance '
Other Expense of Transportation
3. Other Auxiliary Agencies
(1) School Lunch
a. Personal Service
b. Supplies and Other Expenses ..
c. Federal Lunch
d. Cooks Convention t
(2)
(3)
(4)
(5)
3,822.59
41.40
26.00
5,937.30
5,359.34
381.00
1,602.00
3,201.00
500.00
1,588.68
4. Total Expense of Auxiliary Agencies $ 18,636.72
VI. Fixed Charges
(Exclusive of items included under V-2)
1. Insurance $ 635.54
2. Student Insurance 280.00
3. Retirement State and Federal 1,858.24
4. Other Fixed Charges, Social Security 906.00
5. Total Fixed Charges $ 3,679.78
VII. Capital Outlays
3. Additions and Alterations to Bldgs. 2,500.00
4. Library Books . 400.00
9. Total Capital Outlays $ 2,900.00
VIII. Debt Service, Non-Bonded
2. Interest on Other Indebtedness and
Bank Charges ...$ 100.00
3. Total Debt Service, Non-Bonded ....:...$ 100.00
$ 500.00 IX. Emergency $ 1,000.00
X. Total Genetal Fund Expenditures
(Items 1-6. II-7, III-8, IV-5, V-4,
$ 58.963.37 $ 63.020.73 S 61,801.49 Vf-5, VII-9. VIII-3, IX) $ 71,242.88
No. 58-171-E
SUMMONS
SUIT IN EQUITY TO QUIET TITLE
IN THE CIRCUIT COURT OF THE
STATE OF OREGON FOR THE
COUNTY OF JACKSON
H. A TAYLOR and CECILE C.
TAYLOR, husband wife.
Plaintiffs,
vs.
M. L. CASE and W. F. CASE, hus
band and wife, and also all other
persons or parties unknown claim
ing any right, tiUe, estate, lien or
interest in the real property de
scribed in the complaint herein.
Defendants.
TO EACH. EVERY AND ALL OF
THE ABOVE NAMED DEFEND
ANTS. IN THE NAME OF THE STATE
OF OREGON each of you is hereby
required to appear and answer the
complaint filed herein in the above
enUtled suit on or before the last
day of four weeks from and after
the date of the first publication of
this summons. If you fail to so
appear and answer, plaintiffs will
apply to the court for the relief
demanded in their complaint, which
relief is succinctly stated as fol
lows, to-wit: That all claims that
you assert of any right, tiUe. estate,
lien or interest in or to the real
property situate in Jackson County,
Oregon, particularly described as
follows, to-wit:
The Northwest quarter of Sec
tion 12 in Township 38 South,
Range 2 East of the Willamette
Meridian in Jackson County,
Oregon.
or in or to any part or' parcel
thereof be adjudged and declared
to be null and void; and that plain
tiffs be decreed to be the owner
in fee simple of said preinises, and
of the whole thereof, free and clear
of any and all such right, title,
estate, lien or interest; and that
you. and each and all persons
claiming through or under you, be
forever enjoined, restrained,, and
barred from asserting, attempUng
to establish, or claiming any right,
title, estate, lien or interest in or
to said real property, or in or to
any part of parcel thereof; and that
plaintiffs' title to said premises be
forever quieted and set at rest.
The date of the order for pub
lication of this summons is April
14. 1958 and the time prescribed
for such publication is once each
week for four successive weeks.
Dated and first published April
15th, 1958.
VAN DYKE. DELLENBACK
& McGOODWIN
Attorneys for plaintiffs
110 East 6th Street
Medford, Oregon
NOTICE OF ANNUAL SCHOOL
ELECTION AND MEETING
NOTICE IS HEREBY GIVEN, in
compliance with See 331.010, ORE,
to the legal voters of School Dis
trict No. 9 of Jackson County,
State of Oregon, that the ANNUAL
SCHOOL ELECTION of said Dis
trict will be held at High School
Gym; between the hours of 2 P.M.
and 8 P.M on the first Monday
of May being the 5th day of May,
A.D 1958, for the purpose of elect
ing On.- 5 year & one 3 year mem
ber to the local School -Board,
(directors) One Rural Board Mem-ber-at-large
AND one Rural Board
Zone member.
Dated this I4th day of April,
1958.
Leonard C. Bradshaw
Chairman Board of Directors
ATTEST.
Beryl Hickson
District Clerk
NOTICE OF ANNUAL SCHOOL
ELECTION AND MEETING
NOTICE IS HEREBY GIVEN, in
compliance with Sec. 331.010, ORS,
to the legal voters of School Dis
trict No. 3C, of Jackson County,
State of Oregon, that the ANNUAL
SCHOOL ELECTION of said Dis
trict will be held at Schoolhouse:
between the hours of 2 P.M. and
8 P.M. on the first Monday of May,
being the 5th day of May. A.D.
1958. for the purpose of electing
A Director for a 5 year term, A
Director for a 2 year term and
one Rual Board Member-at-large
for- a 3 year term.
Dated this 10th day of April,
1958.
J. Stanley Larson
Chairman Board of Directors
ATTEST:
Louis Straube
District Clerk
No. 58-211-E
SUIT IN EQUITY
SUMMONS
IN THE CIRCUIT COURT OF THE
STATE OF OREGON FOR JACK
SON COUNTY
ARTHUR O AOS,
Plaintiff.
BILLIE E AOS.
Defendant.
TO- BILLIE E. AOS, Defendant:
IN THE NAME OF THE STATE
OF OREGON: You are hereby
required to appear and answer the
complaint filed against you in the
above entitled suit on or before
the last-day of the fourth week
from the date of first publication
of this summons, and if you fail to
answer or otherwise appear in said
suit for the want thereof, plaintiff
will apply to the court for the re
lief prayed for in said complaint,
a succinct statement of which is as
follows :
For a decree of the above en
titled court forever dissolving the
bonds of matrimony heretofore and
now exisiting between plaintiff and
defendant and awarding to plain
tiff a decree of absolute divorce
and that plaintiff be awarded the
the 1953 Willys automobile owned
by the parties and all of the fol
lowing described real property, to
wit: Commencing 100 feet West from
the Southeast corner of Lot Two
(2) in Hamilton Addition to the
City of Medford, Jackson County,
Oregon, according to the official
plat thereof now of record;
thence North 106 feet; thence
West 50 feet; thence South 106
feet; thence East 50 feet to the
point of beginning,
Free and clear of all right, title
and interest of the defendant.
That the date of the order of
publication of this summons is
April 14. 1958. The time prescribed
for publication is once each week
for four consecutive weeks, and
the date of"' first publication of
this summons is April 15, 1958.
Robert R. Dickey
Attorney for Plaintiff
Medical Center Building
- Medford, Oregon
Bidauli Will Ask
Approval Thursday
Paris (IP) Georges Bi
dault expects to be ready by
Thursday to ask the National
Assembly to confirm him as
France's 27th post-war pre
mier, it was reported today.
Political observers gave
Bidault little chance of vic
tory. His firm "Save Algeria"
policy is opposed by the
Communists, the Socialists
and even some members of
his own moderate MRP party.
An MRP caucus today will
decide the party's attitude to
ward Bidault, who was one of
two MRP assemblymen who
voted against ex-Premier Fel
ix Gaillard when he was
overthrown last week. The
MRP holds 71 Assembly
seats.
Socialist ex-Premier Guy
Mollet virtually torpedoed Bi
dault's already slim chances
Monday by announcing that
the 100 Socialists in the As
sembly will not support the
prospective premier.
LEGAL NOTICES
NOTICE OF ANNUAL SCHOOL
ELECTION AND MEETING
NOTICF IS HEREBY GIVEN, in
compliance with Sec. 331.010, ORS,
to the legal voters of School Dist
rict 94, of Jackson County, State
of Oregon that the ANNUAL
SCHOOL MEETING of said Dist
rict will be held at Pinehurst
School; to begin at the hour of
2:00 o'clock P.M. on the first Mon
day of May, being the 5th day of
May. A.D 1958, for the purpose of
transaction of business usual at
such meeUng; and electing 2 board
members.
Dated . this 9th day of April,
1958.
Clyde Laird
Chairman Board of Directors
ATTEST. ,
Mildred D Laird
District Clerk.
No. 102633
NOTICE TO CREDITORS
IN THE CIRCUIT COURT OF THE
STATE OF OREGON FOR JACK
SON COUNTY
IN THE MATTER OF THE ESTATE
OF
LILLIAN NYE SCHERMERHORN,
also known as Lillian B. Scher
merhorn, deceased
NOTICE IS HEREBY GIVEN that
the above court has appointed the
undersigned executor of the estate
of Lillian Nye Schermerhorn, also
known as Lillian B. Schermerhorn,
deceased. All persons having claims
against said estate are -hereby re
quired to present the same with
proper voucher within six months
from the date at the offices of
Neff, Frohnmayer & Lowry, Cooley
Theatre Building, Medford, Oregon.
Dated and first published April 1,
1958.
CLARENCE PIERCE,
Executor
NOTICE OF SALE
Notice is hereby given that the
undersigned on April 30, 1958 at
the hour oi 10:00 o'clock A.M. at
3811 Crater Lake Avenue, Medford,
Jackson County, Oregon, will sell at
private sale to the highest bidder
for cash all of the interest of E.
L. Carter in and to the following
described personal property, to-wit:
One 1955 Mack Logging Truck
bearing Motor No. NHB136312,
Factory Number LJ29X63089.
which sale is pursuant to a fore
closure of a certain chattle mort
gage executed and delivered to
Jerry Olson Investment Company
on June 22, 1957 by E. L. Carter.
Gerald E. Olson dba Jerry. Olson
Investment Company
NOTICE OF ANNUAL SCHOOL
Election
NOTICE IS HEREBY GIVEN, in
compliance with Sec. 331.010. ORS,
to the legal voters of School Dist
rict No. 549C, of Jackson County,
State of Oregon, that the ANNUAL
SCHOOL ELECTION of said Dist
rict will be held at the following
poling places, to-wit: at the Hed
rick Junior Hign School building
on East Jackson Street; and the
McLOughlin Junior High School
building on West Second Street;
both in the City of Medford, Ore
gon; between the hours of 2:00
P.M. and 8:00 P.M. on the first
Monda" of May, being the 5th day
of May, A.D. 1958, for the follow
ing purposes:
1. Election of one district direc
tor lor a term of five years.
2 Election of one rural board
member-at-large for a term of
three years
3. Election of one Rural Board
Zone member for a term of three
years
PRECINCT BOUNDARIES. No
tice is hereby further given that
the district school board of said
school district for the purposes of
the aforesaid election, has divided
the school district into two elec
tion precincts, one of which con
sists of all that part of the school
district WEST of Bear Creek, also
that part of the district formerly
School District No. 69 (Oak Grove)
and School District No. 95 (West
Side) shall vote in the McLough
lin Junior High school; and the
other election precinct consists of
all that part of the school district
EAST of Bear Creek and that part
of the school district formerly
School District No. 29 (Dewey) and
School District No. 102 (Kenwood)
shall vote in the Hedrick Junior
High School, both in the City of
Medford, Oregon.
Dated this 11th day of April
1958.
F C Bash
Chairman Board of Directors
ATTEST:
Rebecca Jensen
District Clerk
MATL TRIBUKE, Medford, Oregon, Tuesday, April 22, 1958 IS
Share-Ownership Within Easy
Reach With Investment Plan
Editor's note: G. Keith Funston,
president of the New York Stock
Exchange, is today's guest con
tributor to Elmer C. Walzer's
"Financial Gossip" column while
Walzer is on vacation.
BY G. KEITH FUNSTON
President N.Y. Stock Exch.
Written for United Press
New t York, (IP) A great
many people who don't hap
pen to own stock in the na
tion's businesses have exag
gerated ideas about the mil
lions who do. They suspect
most stock holders were
wealthy to start with, or that
they don't bother with the
market unless they have sev
eral thousand dollars to in
vest. But despite these and other
glaring misconceptions, share
ownership is within easy reach
of almost everyone these days.
A searching study of the
American investing family
points this up dramatically.
According to survey findings
the average investor has a me
dian household income of $6,
200, while two out of every
three earn less than $7,500.
The plain fact is that it's
simple to buy shares of Gen
eral Electric, RCA, Dow
Chemical and other great corporations.
And it can be done for as
little as $40 a month. If that
seems steep, make it $40 every
three months. These are the
payments that thousands of
people are making under the
monthly investment plan a
program for buying securities
regularly that recently cele
brated its fourth birthday. .
Some Hesitate
Despite the ease of invest
ing, however, countless pros
pective investors hesitate for
fear they do not qualify.
Among other things, they
don't know exactly how to in
vest, or they're afraid they do
not have enough money, or
they don't think they can af
ford the risk.
The risk factor is vital for
everyone, of course. While
shareownership involves re
wards it also involves hazards,
as well. You shouldn't attempt
it if you feel your extra cash
is going to be needed else
where in the budget for reg
ular living expenses or for
emergencies.
But for those who want to
put those extra dollars to
work, almost any reliable
brokerage firm will be happy
to explain the mechanics of
the Monthly Investment Plan
Don't ever get the notion that
brokers are stand-offish. They
aren't. Your business is as
welcome as the next fellow's.
And for all they know you
might be kin to the little old
lady who invested $40 a mon
th, for several months, appar
ently liked the way things
were going, and came in next
time to place a $250,000 or
der. MIP is a system enabling
the small investor to buy stock
in any great corporation listed
on the New York Stock Ex
change, even though he does
not. necessarily have the price
of a full.share.
No Installment Plan
In brief, if the stock of your
choice is selling at $100, your
$40 trays two-fifths of a share.
MIP incidently, is no instal
ment plan program. You buy
only what you pay for and
there are no contract obli
gations, charges or fees ex
cept for normal brokerage
commissions.
"To me it's no different
than going to the grocery, al
though a lot of people think
there's something mysterious
about it," says Mrs. John
Gregson of Hopatong, New
Jersey. For four years Mrs.
Gregson has been buying pub
lic utility company stock
through MIP.
Like Mrs. Gregson, the ments.
; BOND INTEREST AND SINKING FUND
ESTIMATED RECEIPTS
Actual Budget Estimated
Fiscal Year Fiscal Year Allowance ' For
Ending Ending Current ' Ensuing
June 30, 1956 June 30, 1957 Fiscal Year Item Fiscal Year
$ 8,200.39 $ 359.10 $ 2,996.07 1. Total Receipts $ ' 4,938.52
2. Beginning Net Cash Balance
2,644.47 7,561.72 4,686.43 or (Deficit) (226.21)
3. Total Budget Resources $ 4,712.31
il ESTIMATED EXPENDITURES
1. Principal on Bonds (Include
negotiable interest-bearing
warrants issued under
$ 1,500.00 $ 1,500.00 $ 3,000.00 ORS 328.260) ....$ 3,000.00
1,783.14 1,734.39 1,733.81 2. Interest on Bonds . 1,652.56
$ 3.283.14 $ 3,234.39 $ 4,733.81 3 Total Expenditures $ 4,65256
SPECIAL FUNDS
RUCH SCHOOL LUNCH FUND
ESTIMATED RECEIPTS
$ 867.22 $ 1,631.61 $ 1,547.00 1. Federal Lunch Receipts . $ 1,588.68
2,672.75 2,816.26 2,386.62 2. Student Payments '. : $ 2,500.00
$ 3,539.97 $ 4,478.87 $ 3,933.62 Total Receipts ; S 4,088.68
$ 567.76 $ 408.47 $ 603.25 Beginning Net Cash Balance : . $ 653.58
$ 4,107.73 $ 4,887.34 $ 4,536.87 Total Budget Resources : S 4,742.26
. . ESTIMATED EXPENDITURES
$ 3,400.11 $ 4,129.98 $ 3,855.43 1. Food $ 3,963.68
150.64 2.00 3. Equipment 1 50.00
97.96 58.37 78.19 4. All Other 75.00
$ 3,648.71 $ 4,190.35 $ 3,933.62 Total Expenditures : $ 4,088.68
Dated April 17, 1958 Approved April 17, 1958
Signed: Signed:
Louis Straube George W. Sample
District Clerk Secretary, Budget Committee
J. Stanley Larson . E. H. Fossen
District School Board Chairman Chairman, Budget Committee
great bulk of all the families
who put their surplus savings
dollars to work in the plan
automatically reinvest divi
dends. You can stop your pay
ments at any time, or inter
rupt them, or sell the stock,
but if you can afford $80 a
month, you can buy a second.
A businessman in Illinois al
ternated by buying stock A
one month, stock B the next.
Some people have three plans
set up so that each month
they receive a quarterly divi
dend from one of their invest-
Since its start early in 1954
people throughout the cbuntry
have invested some $80 mil
lion in more than two million
shares of American business
through the monthly plan.
As any responsible broker
will tell you, no investment
system is ever 100 per cent
foolproof. But in these days of
budget buying MIP offers a
way to add soundly chosen
stocks to the family nest egg.
And how many families don't
want a nest egg hatching for
the future?
THE UBIQUITOUS AGENT
Chicago (IP) Even organ
grinders have agents nowa
days. The University of Chi
cago could not book Guiseppe
Renaido for its Festival of
Arts until it contacted his
agent.
Buy
At
Builders Supply
QUALITY
BLOCKS
Bricks, Fluet,
Drain Til
727
W. McAndrewi
Ph. SP 2-4107
Kill
Enjoy summer as never before
with a family-sized sports car
Studebaker SILVER HAWK
Only $2219
Crisply styled in lines fromthe Con
tinent, the Hawk is the most attrac
tive car on the American road!
Wide choice starts with Silver Hawk
"Six" at $2219. . . includes Silver
Hawk V-8 and famous supercharged
Golden Hawk.
Regular gas is "all Silver Hawk needs
for peak efficiency. No need to pay
extra for premium fuel!
Finger-touch maneuverability . . . Even
with big 120.5 inch wheelbase, the
Hawk has minimum overhang. Pre
cise, easy steering makes city driv
ing effortless; parking easy!
Sports car instrument panel is quick
and easy to read. Switches of air
craft toggle type are a cinch to locate
and operate at night!
Enjoy o guest-drive in a Silver Hawk,
today. See your Studebaker-Packard
dealer. And bring the family!
'Plus local taxes, H any, and transportation.
Also see the famous Studebaker Scotsman 2-door sedan-fully equipped for $1795.
(W) Studebaker-Packard
. CORPORATION
'DE' LEIGH MOTORS -134 So. Riverside Medford, Ore.
tg)l958. Studeba fear-focfcord Cofporotioo s
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WHICH ONE
DO YOU WANT 7
s "lU
you can have your dream house this easy way!
can be as little as a couple of dollars);
After that your money is saved for you,
before you get your salary. Then each
time enough has accumulated, it is in
vested in a Bond, and the Bond turned
A dream? Not at all. Thousands of
people with modest incomes have been
able to save the down payment, or the
whole price, of the home of their dreams
because they invested in U. S. Savings
Bonds on the Payroll Savings Plan where
they work.
You, too, can accummate enough money
for the down payment on a home. Or
enough for your children's college edu
cation or a retirement income. And by
saving only a few dollars a week, too.
The answer is that you save systematically
on the Payroll Savings Plan. All you have
to do is tell your pay office how much
. you've decided to save each payday (it
over to you.
And remember your U. S. Savings
Bonds now will bring you an average of
396 interest, compounded semiannually,
for 19 years and 8 months. That's why the
money you put into Bonds now grows
to such a surprisingly big sum.
Why don't you start today? Sign, where
you work, for the Payroll Savings Plan.
Or, if you're self-employed, join the
Bond-A-Month Plan, at your bank.
Ibt V. S. Government does not pay for this advertisement. Tbt Ireoinr) Deportment tbonitt
or their patriotit donation, tbt Adsertisint Council and
MEDFORD MAIL TRIBUNE
Saving is so simple when you tnvtst tn
U. S. Savings Bonds on the Payroll Savings Plan