Medford mail tribune. (Medford, Or.) 1909-1989, April 22, 1959, Image 13

Historic Oregon Newspapers

Medford mail tribune., April 22, 1959, Image 13

Image provided by: University of Oregon Libraries; Eugene, OR

About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 22, 1959)

Prev Page of 16 Next Prev Issue Next Text PDF JP2 (4.9 MB) Clip/Print Image

Return to Top

Prev Page of 16 Next Prev Issue Next

Newspaper Page TextIEGAL NOTICES NOTICE OF FINAL HEARING Probate No. '10308 IN" THE CIRCUIT COURT OF THE oSTATE OF OREGON FOR JACK SON COUNTY IN THE MATTER OF THE ESTATE of RALPH UPTON BOUTELLE. also known as Ralph U. Boutelle, Deceased Notice i hereby given that Seth M. Bullis. executor of the above stt- has filed in the above en titled Court and cause his Final ac count and Report and said Court has fixed May 25th. 1959 at the hour of 90 o'clock ajn.. In the Court Room of said Court at the Court House in Medford. Oregon as the time and clace for hearing objections thereto and for the set tlement thereof. Dated this 15th day of April, 1959. Seth M. Bullis. Executor Farrell & Blackhurst Attorneys for Executor NOTICE OF ANNUAL SCHOOL NOTICE IS HEREBY GIVEN, in compliance with Sec. 331.010 ORS. rict No. 9. of Jackson County. State of Oregon, that trie a-.li. net will be held at Eagle Point Hign scnooi, tm-iraii ac omoj frrm twhuMn hmira nf 2 P.M. and 8 P.M. on the first Monday of May, being the 4tn day oi aiay, A.D. 1959 for the purpose of elect ing One director for a five year orm vlac-tinn nf twA "Rural Board Members-at-Large. One for a two- year term ic one lor a mree year Dated this 15 day of April, 1959. nAPin. STA7CT.F.V Chairman Board of Directors ATTEST: Beryl Hikson District Clerk No. 10132 NOTICE OF HEARING ON FINAL ACCOUNT IN THE CIRCUIT COURT Or THE STATE OF OREGON FOR JACK SON COUNTY PROBATE DEPARTMENT In the Matter of the Estate of Frank B. Payne, deceased. Notice la hereby given that the undersigned has filed his Final Ac count and Report in the above en titled estate and that by Order of the Citcuit Court in and for Jack son County. Oregon. Probate De partment, a hearing upon the same has been set for Thursday. April 30, 1959. in the circuit Court Room at tne court House in jvieaiorn. Jackson County. Oregon, at the hour of 9 -JO o'clock. A.M. All nersons having objections thereto are hereby notified to pre sent the same on or Detore sucn time. Dated this 1st day of April. 1959, Guy E. Payne Administrator with the Will Annexed Roberts, Kellington & Branchfield Attorneys for Administrator NOTICE OF SCHOOL MEETING Knt1 Is herebv eiven to the leeal voters of school district No. 59 of Jackson County, State of Oregon, that a SCHOOL MEETING of the said district will be held at Prospect hign scnooi, journalism room, on xne nm aay ox amy, 000, at .uu u uuv.a u., purpose of discussing the budget for the fiscal year beginning July 1, 1959, and ending June 30, 1960, hereinafter set forth. BUDGET FISCAL YEAR 1959-1960 SCHEDULE 1 SUMMARY OF ESTIMATED EXPENDITURES. RECEIPTS AND AVAILABLE tASH BALANCES. AND TAX LEVIES Estimation of Tax Levy Total All Funds Total Estimated Expenditures $199,287.87 DEDUCT: 2. Total Estimated Receipts and Available Cash Balances 4,zbh.i Amount Necessary to Balance the Budget...:. 149,998.96 ADD: 4. Estimated Amount of Taxes That Will Not Be Collected During the Fiscal Year for Which This Budget Is Made, Including Estimated Rebate on Taxes Bond Interest General and Sinking Fund Fund $177,852.87 $ 21,435.00 49,288.91 128,563.96 SYNOPSIS OF ANNUAL STATEMENT For the year ended December 31, H58 Of the r SAFEGUARD INSURANCE COMPANY f Hartford, in the State of Con necticut, made to the Insurance Commissioner of the State of Ore gon, pursuant to law: ADMITTED ASSETS Bonds $17,323,839.09 Stocks Mortgage loan on real estate Seal estate, less 10 encumbrances . Cash and bank de posits . .- Agents' balances or uncollected p T e miums . Other assets 7.959,809.98 14,088.80 185.888.9S 3,827.499.44 2.141,937.04 360,307.91 Total admitted assets $30,722,358.18 LIABILITIES. SURPLUS AND OTHER FUNDS Losses $ 6,218.398.00 Loss adjustment ex penses 589.673.00 Unearned premiums 12.940,928.04 All other liabilities - 1,066,846.46 Total liabilities. except capital ..$20.815,843.50 Capital paid up $1,500,000.00 Special surplus funds 84,000.00 Cnassigned funds (surplus) 8,352.511.69 Surplus as regards policyholders $ 9.906,912.69 Total :. $30,722,356.19 STATEMENT OF INCOME 9.. I..m. i-n4 1n 38R 12.i 98 Losses incurred 8,162,403.77 Loss expenses In curred 1,433,012.16 Other underwriting expenses incurred- 6,934,904.21 Total underwriting x deductions 16,830520.16 Net underwriting gain or loss .142,196.18 931.184.32 - 15.485.92 266.497.78 - 64.117.42 . 162,380.36 1.344,652.12 Investment Income Other Income Total, before federal incomes taxes Federal income taxes Incurred Net income Other items affecting surplus (net) Total capital ana surplus items (net) 1,344,652.12 Increase In surplus as regards policy holders .. 1.182.271.T6 BUSINESS IN OREGON FOR THE YEAR Km nremiums received S 376.686.94 Net losses paid 148,300.88 Principal office in Oregon, Portland. Hrt Mi Asauraaw Ccrpoffcon, Ud., 3ss ef foonsytasms. mass SvSfes Iwapawcs Convrasioner tfca Sfertt of Qrtwnm, pursuant t In: jumma assejs - i 70iJMM S 7V9T40?C Murtgra lows as nal , O aad Byiiii" kmS Atoms' MaK-t or o- m mtm Kiiiii sad tand X&JT emm mmn owet mm r 'AS esr iSrstvtwr chposjf . p ) . i ltr St $ W.1UM.9 ijuaojaaojOD aMedorxMB 7l4U077 - - -HtajmAsrj SUXMEHJ OF 5C0E fusil I md $ 6A.8VJ.3ra W last Tud 377a,J633 J Ofttcr vndera ivfhng c pcnscs incurrctj tr km 1.S0 St OS ij TWal. btfom tadsnsf la- COSlt SBES usand K 4 atorik oUm Haw Pl.l-w- mmrf nevmu bom ttofai gwii - Itsw swpSss wi) 1s..M I mmt can-si aad ss- f pa- i s Im) $ M.Me I lam ia mi itai m MSiME&S W OREGON FOR THE VEAl Direct premiums N- eahwd $ 39353.98 Dinct hnsas paid 282,49504 Dmdaads pmi or cred it to polieyweMsis Nsaa orfics m das ii Qmaem Offica. K) imcok sMsms. 16,418.00 16,139.33 none 21,435.00 278.65 5. Total Estimated Tax Levies for Ensuing Fiscal Year 166,416.96 144,703.31 21,713.65 6. Analysis of Estimated Tax Levies: (a) Amount Inside 6 Limitation 100,34 i.w iuo,a.o (b) Amount Outside 6 Limitation 39,355.85 39,355.85 (c) Not Affected by 6 Limitation.. 21,713.05 21,713.65 1. Cash Working Fund - $ 4,414.78 INDEBTEDNESS 1. Amount of bonded indebtedness (Include all negotiable interest-bearing warrants issued under ORS 328.205) $100,318.86 4. Total indebtedness (sum of items 1, 2, 3) $100,518.86 SCHEDULE II GENERAL FUND ESTIMATED RECEITPS Fiscal Year Fiscal Year Budget Ending Ending Allowance June 30, June 30, Current 1957 1958 Fiscal Year $ 8,397.78 $ 13,923.06 $ 12,000.00 1,464.36 1,615.16 1,320.00 5,397.40 4,793.89 3,648.00 11,626.06 33,016.10 40,224.91 29,078.96 328.10 326.88 258.40 1,399.40 1,315.57 1,258.04 11,219.19 1,637.62 3,000.00 5,656.45 5,218.79 5,385.07 67,878.78 80,679.94 55,948.47 6,630.69 2,510.61 4,414.78 74,509.47 83,190.55 60,363.25 Item Estimated Receipts Ensuing Fiscal Year 10. Revenue From Local Source 11.2 District Tax Prior Years' Levy (net) $ 10,000.00 19.9 Miscellaneous 1,320.00 20. Revenue From Intermedial Sources ' , 21.1 County School Fund 4,361.11 29.9 Miscellaneous 30. Revenue From or Through State Sources 31.2 Other Basic School Fund Receipts . 29,017.96 33.1 Common (irreducible) School Fund 252.00 36.2 Federal Money Received Through State 1,484.00 40. Revenue Direct From Federal Sources 41.1 Public Law 874 2,853.84 50. Revenue From Other School Districts 51.0 Tuition and Transportation Total Receipts 49,288.91 Beginning Net Cash Balance Less Cash Working Fund or (Deficit) none Total Budget Resources General Fund 49,288.91 SCHEDULE III Actual Expenditures GENERAL FUND ESTIMATED EXPENDITURES Fiscal Year Ending June 30, 1957 Fiscal Year Ending June 30, 1958 Budget Allowance , Current Fiscal Year $ 1,588.88 $ 1,844.44 $ 2,200.00 1,258.00 1,408.00 1,508.00 25.00 5.00 25.00 682.58 70.00 630.00 50.00 50.00 50.00 75.00 75.00 220.00 23.00 25.00 3,704.45. 3,452.44 4,658.00 1,150.00 800.00 1,050.00 77,075.00 71,679.29 89,000.00 720.00 510.76 1,000.00 2,150.00 2,300.00 2,750.00 2,942.00 2,737.12 2,892.00 185.00 134.89 100.00 3,364.89 3,225.50 4,850.00 1,000.00 1,860.00 1,440.00 434.43 208.12 800.00 89,021.34 83,455.68 103,882.00 Estimated Expenditures Item Ensuing ' Fiscal Year I. General Control 1. Personal Service: ' (1) SuDerintendent $ 2,211.11 (2) Clerk 1,508.00 (4) Compulsory Education and Census 25.00 (5) Other Services. Adm. Expense 630.00 2. Supplies 50.00 4. T.psal Service (Clerk's Bond. Audit, etc.) 220.00 5. Other ExDense of General Control In-Service Train 25.00 6. II, 1. Total Expense of General Control.... 4,669.11 Instruction Personal Service: (1) Principals 1,050.00 (3) (4) (6) (7) Teachers Sub-Teachers . Librarian Clerical Assistants .... Library Supplies, Repairs Teaching Supplies Textbooks 2,160.00 Other Expense of Instruction Visual Education 285.00 91,025.00 1,000.00 2,800.00 2,892.00 100.00 5,402.46 3,300.00 2,060.00 5,100.00 727.16 6,493.90 2,397.16 488.37 20,766.59 2,000.00 4,183.86 4,071.34 544.00 3,400.00 2,060.00 5,918.61 980.41 5,571.01 2,397.16 457.06 20,784.23 1,678.75 2,129.68 3,330.20 400.00 3,080.00 4,000.00 450.00 980.00 6,500.00 2,400.00 450.00 17,860.00 5,440.00 1,765.00 5,000.00 3,060.00 7. Total Expense of Instruction 106,714.46 III. Operation of Plant 1. Personal Service: (1) Janitors and Other Employees, H. S. and Gym 3,180.00 (2) Elementary (3) Cafeteria 2. Supplies 3. Fuel : 5. Light and Power 6. Telephone 4,100.00 550.00 917.00 6,500.00 2,400.00 450.00 8. Total Expense of Operation 18,097.00 IV. Maintenance and Repairs 1. Personal Service 5,440.00 2. Repair. Maintenance and Replacement (1) Furniture and Equipment 1,484.00 (2) Building Structure 4,478.60 3. Upkeep of Grounds 60.00 ! : 10,799.20 7,338.63 15,265.00 57.90 50.85 50.60 100.00 62.00 100.00 3,272.00 3,632.00 4,490.00 2,752.34 2,800.00 4,000.00 4,425.10 5,101.20 5,101.20 576.22 576.22 598.07 . 2,500.00 2,500.00 2,500.00 1,358.45 2,195.72 1,734.00 15,042.01 18,917.99 18,573.87 2,915.91 2,329.12 2,905.01 526.00 493.50 631.50 4,365.25 2,708.34 5,943.18 1,970.50 2,052.83 2,843.50 9,777.66 7,583.79 12,323.19 882.60 788.89 1,279.00 882.60 798.89 1,279.00 100.00 214.34 250.00 100.00 214.34 250.00 1,000.00 1,000.00 2,500.00 5. Total Expense of Maintenance and Repairs V. Auxiliary Agencies 1. Health Service (1) Personal Service (nurse, etc.) . (2) Supplies and Other Expenses 2. Transportation of Pupils (1) Personal Service (2) Supplies and Repairs (3) Replacement of Buses . (4) Insurance 3. Other Auxiliary Agencies (1) School Lunch a. Personal Services . b. Supplies and Other Expenses.. 4. Total Expense of Auxiliary Agencies VI. Fixed Charges (Exclusive of items Included under V-2) 1. Insurance . 2. Student Insurance ... 3. Retirement State and Federal 4. Other Fixed Charges, Soc. Security.. 11,442.60 63.00 100.00 4,590.00 4,000.00 5,200.00 607.50 2,500.00 2,234.00 19,294.50 4,021.69 624.00 6,343.18 2,946.33 5. Total Fixed Charges VII. Capital Outlays 4. Library Books 13,935.20 950.00 9. Total Capital Outlays VIII. Debt Service, Non-Bonded 1. Interest on Warrants 950.00 250.00 3. Total Debt Service, Non-Bonded 250.00 IX. Emergency 2,500.00 151,093.06 141.746.01 176,591.06 X. Total General Fund Expenditures (Items 1-6, II-7, III-8, IV-5, V-4, VI-5, VII-9, VIII-3, IX) 177,852.87 Actual Fiscal Year Ending June 30, 1957 I 4,482.75 16,652.26 Receipts Fiscal Year Ending June 30, 1958 $ 37,026.13 541.26 BOND INTEREST AND SINKING FUND ESTIMATED RECEIPTS Budget Allowance Current Fiscal Year $ 18,334.77 1,668.09 Estimated For Ensuing Fiscal Year 1. Total Receipts $ 21,435.00 2. Beginning Net Cash Balance or Deficit Item 21,045.00 37,567.39 20,002.86 3. Total Budget Resources 21,435.00 17,000.00 3,503.75 17,000.00 3,086.25 ESTIMATED EXPENDITURES 1. Principal on Bonds (Include negotia ble interest-bearing warrants issued 17,000.00 under ORS 328.260) $ 19,000.00 2,852.50 2. Interest on Bonds 2,435.00 CASH WORKING FUND (Chapter 873 O. L. 1337) Actual Receipts Fiscal Year Fiscal Year MAIL TRIBUNE, Medford", Oregon, Wee'ectd'ar, Aerfl 22, If 39 SA Ending June 30, 1957 Ending June 30, 1958 Budget Allowance Current Fiscal Year 4,414.78 Item 1. Transferred from Unexpended Bal ance in General Fund June 30, 1958. Not in excess of 2V2 of expendi tures for 1958-1959 2. Carried Forward Estimated For Ensuing Fiscal Year none 4,414.78 4,414.78 3. Total 4.414.78 Actual Fiscal Year Ending June 30, 1957 $ 1,399.40 7,534.57 2,435.80 20,503.75 20,086.25 19,852.50 3. Total Expenditures 21,435.00 11,369.77 1,513.12 Receipts Fiscal Year Ending June 30, 1958 1,194.77 6,676.88 2,580.00 10,451.65 1,854.84 SPECIAL FUNDS SCHOOL LUNCH FUND ESTIMATED RECEIPTS $ Budget Allowance Current Fiscal Year $ 1,484.00 6,200.00 2,750.00 10,434.00 2,000.00 Item 1. Federal Reimbursement 2. Sale of School Lunches 3. Received from School District- Estimated Expenditures Ensuing Fiscal Year S 1,484.00 6,500.00 3,250.00 Total Receipts 11,234.00 Beginning Net Cash Balance or Deficit 1,017.49 12,881.89 12,306.49 12,434.00 Total Budget Resources 12.251.49 6,826.90 4,047.07 8.36 145.72 7,071.55 4,070.57 22.30 124.51 ESTIMATED EXPENDITURES 7,992.00 1. Food 4,047.00 2. Cash Value of Labor 250.00 3. Equipment . 145.00 4. Other 7,278.54 4,072.95 750.00 150.00 11,028.05 11,288.93 12,434.00 Total Expenditures $ 12,251.49 Dated April 17, 1959 Signed: Faye Orgain District Clerk Frank Boothby District School Board Chairman Approved April 13, 1959 Signed: Georgia A. McKillop Secretary, Budget Committee David Neville Chairman, Budget Committee MacCLELLAN IN MOSCOW Moscow -(LTD- Harold Mao Clellanj who will be in charge of the American exhibition opening in July has arrived here. He was met by rep resentatives of the Soviet Chamber of Commerce. The planet Pluto was dis covered from Lowell Observa tory near Flagstaff, Ariz. No. 10506 NOTICE to creditors IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR THE COUNTY OF JACKSON PROBATE DEPARTMENT In the Matter of the Estate of WILLIAM SPURCK. also known as William Spurck, Jr. and William Spruck, Deceased. NOTICE IS HEREBY GIVEN that the undersigned has been duly and regularly appointed administrator of the estate of William Spurck. deceased, by virtue of an order of the circuit court of the state of Oregon for Jackson county, probate department, duly made, rendered and entered on April 7. 1959; and all creditors having claims against said decedent are hereby notified to present the same duly verified to the undersigned at his office. Room 209 Franklin Building. Med ford, Oregon, within six months from the date of this notice. Dated at Medford.' Oregon, this 8th day of April. 1959. H. Dewey Wilson Administrator for the Estate of William Spurck, Deceased Duncan. Brophy. Wilson & Duhalme Attorneys for Administrator Akron, Ohio, was named for the Greek word "Akron," meaning high. HERE'S SOMETHING FOR HAY FEVER SUFFERERS Fight back against hay fever symptoms with entirely new Breathea Tablets. Get the bene fit of 3 active ingredients, including an antihista mine, without taking any habit-forming drug!. Satisfaction guaranteed! New Breath eaty Tablets must relieve the miser ies of runny nose, sneei ing and other symptoms or you get a full refand. Breatheasv Tablets aiso relieve asthma spasms. Rreatheasy TABLETS AT YOUR DRUO STORI Write your own loan nith U.S. national s Yon can enjoy the equivalent of money in the bank without depositing ptyt U. S. National's revolutionary CUSTOM CREDIT gives you a personal line of credit at the bank that yon may draw upon whenever you wish . . . simply by writing a check. The total amount of your CUSTOM CREDIT may be $400, $600, $800, $1000 any amount agreed upon by you and the bank. CUSTOM CREDIT costs you nothing unless you use it. Then you repay only the sflxwat used, plus interest, in easy monthly install meoft. Custom Credit boys anything! Custom Credit is yours to spend for any purpose . . . any 'time! Think of the convenience of paying for vacations, tuition, taxes, dental and medical expenses, auto repairs to name just a few without digging into your hard-earned savings. If you don't use your line of Custom Credit, it costs you nothing yet it's always there if yoo need k. A revolving line of credit! You constantly rebuild your Custom Credit by making agreed-upon monthly 1 payments. You do not have to repay the full amount used in order to writ additional checks. As long as payments are kept up, you are entitled to spend the 1 afereoce between what you owe and your total line of Custom Credit. You get a monthly statement You select the monthly payment date most convenient for you. Approximately 10 days before a payment is due, the bank will mail you a detailed statement showing the payment due, interest charge, amounts of checks paid, any payments made and the amount of Custom Credit still available for your use. Here's how it works Your family is protected Your line of Custom Credit is easy to arrange. You and the bank simply agree upon the amount that you can conveniently repay each month, over a 20-moota period. The total amount of your Custom Credit is then based upon 20 times the agreed-upon monthly repayment (example: monthly repayment of $30, times 20 $600 of Custom Credit). You can start using your Custom Credit the moment your application is approved. You pay nothing until you draw upon your line of Custom Credit by writing one or more checks. Then you pay only the monthly amount agreed upon, which will include the interest charge plus 25c for each check paid. Monthly interest is charged on only the amount used at $1.25 per hundred dollars for die first $500, and 83 cents per hundred dollars for amounts above that When the amount used is less than your monthly installment, you pay only that amount, plus interest. If you write no Custom Credit checks in any month, and have no balance due, you do not make a pay ment. Yoo need never pay more than your agreed-upon monthly installment, even though you may write checks for your entire line of credit. You may make larger payments than arranged for, or repay the entire amount owing, without penalty. Life insurance is carried on the amount of Custom Credit you wf me bank, at no cost to you. In the event of death, any amount owing is automatically cancelled by the bank. Anyone may' apply You do not have to be a U. S. National customer to establish a line of Custom Credit. The only requirement is a satisfactory credit rating. You make only erne application, because Custom Credit is a revolving line of bank credit which may be used indefinitely. Your total line of Custom Credit is based upon the monthly amount you arrange to repay the bank, over a 20-month period. Use the four examples in the table below as a guide. MEDFORD BRANCH AaotrfMy poyewaloT $ $30 40 $J0 ravids total Cnfom tndtt $400 $600 $100 $1000 MAIL TO YOUR NEARSY U. S. MATIONAt BANK Tha U. S. NoSond of PorftoRd Please semi m a CvttoM CrWf eeeEHn fans. NAM 1 I I I "I ADDRESS- DIRECT BRANCH OP THI UNITID STATES NATIONAL BANK OP PORTLAND OTY -ZONE. THE UNITED STATES NATIONAL DANK of Portland STATE.