The Alpine Avalanche (Alpine, Tex.), Vol. 35, No. 46, Ed. 1 Thursday, November 12, 1925 Page: 4 of 6
six pages : ill. ; page 23 x 16 in. Scanned from physical pages.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
PAGE FOUR
THE ALPINE(TEXAS) AVALANCHE
Kemper's Address Before
Judges’ Meeting, Sweetwater
(Continued from Last Week)
To meet the immediate crisis, a
government loan of two and a half
million dollars was negotiated with
the Interstate Commerce Commis-
sion. Slowly we began rebuilding
the road to a point which insured
safe transportation and established
agencies to regain lost revenue busi-
ness.
The operating deficit for 1920
was $1,400,000. In the following
year the deficit was reduced to
$800,000. The next year it was re-
duced to $400,000. In 1923 the Or-
ient showed the first operating sur-
plus of $20,000. This, of course did
not include the payment of taxes or
interest on the loan. In 1924, which
was a splendid crop year in our +er-
ritory, we were able to save $100,-,
000 above the cost of operating the
road which was used in the payment
of taxes, interest and in making im-
perative improvements in equip-
ment. Thus by economical man-
house, at Wichita, Kansas, on that
date. Only two bidders appeared.
One bidder covered the government
loan of two and a half million dol-
lars and accrued interest. Mr. His-
ted, the other bidder, still maintain-
ing faith in the English promises,
bid three million dollars.
A representative of the English
interests with his attorney was pres-
ent at the sale. He made no bid.
Mr. Histed, still anxious to protect
the original investors, gave the Eng-
lish representative an option on the
road until June 1, to be purchased
at the price he had bid. As ocnsid-
eration, the representative deposited
$25,000 to be applied upon the pur-
chase price if the option was exer-
cised. Upon May 29, we received a
cablegram saying they did not care
to exercise the option.
the granting of an additional loan.
With the ew money deposited in the
treasury of the company, we have
purchased new locomotives, rebuilt
our rolling stock and have made
other improvements in the economi-
cal operation of the property. The
mortgage is held by the government.
Whether the government will extend
the old loan and grant a new one,
wed o not know.
Faith In the Orient.
This, Gentlemen, represents
faith in the Orient railroad,
too old a man to be employing
my
I am
time and investing my money.
my
in
this railroad if I did not feel that
this great West Texas country is an
empire of opportunity and that the
Orient railroad will some day be a
“going concern.” It is our hope that
the expenditure of this money for
the improvement of the property will
make possible an economy of opera-
tion which in turn will enable us
to present a balance sheet that will
arathon News
Marathon Building
Store
LUMBER, PAINTS, SHINGLES
WINDMILL SUPPLIES
CANT-SAG GATES
Let Us Fill Your Lumber Wants
Mrs. L. C. Ritchey and son, Clin-
ton are visiting Mrs. Joe Burgess in
Alpine this week.
Rev. McMillan of Alpine held his
regular appointment in the Baptist
church Monday night.
Rev. M. P. Hines, pastor of the
| Methodist Church, held services in
Fort Davis last Sunday.
Mrs. B. L. Burcham of Los Ange-
les, Calif., is visiting her daughter,
Mrs. A. C. Spaulding.
days with their sister, Mrs. A. C.
Spaulding last week.
MES. ROY STILLWELL ENTER-
TAINS, HONORING MRS. LEARY
IltlllllftUlllllimillHHHIIIIHlIlltlll
=
agement we have, been able in five
years to retrieve the road from an
appalling operating deficit of more
than a million dollars to a small op-
erating surplus. And gentlemen,
through all this adversity, our pat-
ions never have been without trans-
portation service.
Immediately after the return of
the property by the government, at-
tempts were made to effect some
merger with a stronger railroad. No
railroad was interested. Then we
turned to American investors in the
poperty. I am ashamed to say these
men, now content with the huge
profits they had made from legiti-
mate wartime industries were no
longer interested in the Orient and
refused to invest additional money
to protect their early investments.
A New Crisis
Again our hopes had failed. Dis-
heartened, I went to Washington to
seek the advice of the Interstate
Commerce Commission.
“What would you do?” I asked a
representative of the Commission.
"Mr. Kemper,” he replied, "It
seems that you have done about all
that can be done to save the Orient.
I can see but one remaining chance.
Would it be possible for you to in-
terest a million or a million and a
I half dollars of new capital in the
i project? If you could do this I am
| quite sure the existing government
loan might be extended and that you
could expect an additional loan of
one million dollars.”
"I do not know whether this will
be possible or not,” I told him, “But
I am going to try.”
I visited the treasury department
and there was advised to follow the
same plan. Returning to Kansas
Seek English Aid, City, I visited business associates
Then English aid was sought. At there and told them the completion
cur expensefi Clifford Histed, Gene- of the Orient Railroad would
mean
ral Solicitor, was sent to England to much to Kansas City. I told them
see if it would be possible for Eng-
lish investors to advance capital for
reorganization. The court was press-
ing us for a sale of the property. The
the proposition offered but a gam-
bler’s chance and that they would
receive only common stock in ex-
change for their money with the
English agreed to finish the railroad government holding a first mortgage
if we would get the court to wait
a little longer. It was a. happy day
for us as we felt the problem of re-
organization had been solved.
But the English failed to respond
and the court became impatient for
the sale of the property. The judge
of the United States District Court i
declared he would wait no longer
and said the road would be sold at!
public auction whether there was a
reorganization plan or not. The date
of sale was fixed. It was to be on
March 23, 1925. We urged the Eng- |
lish to act if they expected to save!
the property as the sale was only
three months away.
The sale was widely advertised
and the property accordingly was
sold from the steps of the court
I on the property and rolling stock to
secure the loan. But I believed and
I was able to convince them, that
the good which would accrue to
Kansas City justified the venture. I
was able to secure pledges for a
million and a quarter dollars.
The sale of the road to Mr. Histed
was approved and the new capital
delivered to the treasury of the com-
pany. We began negotiations to ob-
tain the government loan. Then
came the most discouraging event of
all. The English interests which
we had urged so long to accept the
property, filed an appealf rom the
decision of the U. S. District Court
approving the sale. The renewed
litigation prevented both the ex-
tension of the government loan and
attract new capital in a plan to 1
complete the line. =
I am sorry hat i can not tell you E
a different story. Some times it
seems our sacrifices to maintain the
Orient have been in vain. Yet when
we* realize operating deficits have
been reduced from year to year and
that we are obtaining new and bet-
ter equipment, we take heart again
and continue the struggle. If our
arning capacity does not increase,
we can not live. A government loan
is necessary if the present reorgani-
zation succeeds. The judgment of
the Interstate Commerce Commission
in granting this loan will be influ-
enced in a large degree by the atti-
tude which the people dependent
upon the road, manifest. In the
proper rendition of taxes, an oppor-
tunity is afforded to demonstrate
your appreciation of the commis-
sion’s past efforts in behalf of
railroad.
We are willing to pay our
our
just
taxes. In view of the market value
of the property which is $3,000,000
and the earning capacity which is
nothing at this time, we would be
willing to agree upon a uniform
valuation of $2,000 per mile for this
year, $2500 per mile for the next
year and $3,000 per mile for the
next. If this valuation is adopted,
we are willing and able to pay our
| taxes immediately.
| not fair play to
more than
We believe it is
pay one county
we pay another which
has been the condition in this state
heretofore.
Gentlemen, in these words, I have
endeavored the best that I know to
present to you the true situation of
the Orient Railroad, and what we
;re able and willing to do regarding
the question of taxation. Our Texas
i people have dealt fairly with us in
1 the past and we hope you will con-
tinue patient with us as we struggle
slowly upward.
Wanted—Small desk with disap-
pearing typewriter space. See .Ben-
nett at Avalanche office.
CHAMBERS
HOTEL
Special Sunday
Dinner
Regular Prices
Marathon, Texas
wnnenannqannEuIEauNonm
Marathon
TAILOR SHOP
CLOTHES
CLEANED AND PRESSED
Phone 48
NOTICE OF SALE BY
SUBSTITUTE TRUSTEE
Whereas, J. W. May, by deed of
trust dated April 9, 1923, recorded
in Vol. 48, page 142, of the Deed of
Trust records of Brewster County,
Texas, conveying to John H. Boo-
gher, as trustee, the following de-
scribed property situated in Brew-
ster County, Texas, to-wit:
Lots 6 and 7 and the west portion
of lot 8 and a portion of the north-
west corner of lot 4 and the west end
of lot 5, all in block 14, fronting on
7th and 8th streets in the town of
Alpine, Brewster County, Texas.
Whereas, said deed of‘trust was
executed to secure one certain prom-
issory note for the principal sum of
$87.00, bearing 10 per cent per an-
num interest from maturity, and
providing for 10 per cent attorney’s
fees, signed by J. W. May, dated
April 29th, 1923,a nd due on or be-
i Fore September 1, 1923, payable to
the order of John E. Barbee; said
deed of trust also containing said
provisions and providing for sale by
said .trustee, or any substitute trus-
tee, in case of default, upon the re-
quest of the owner or holder of said
note, and providing for a commis-
sion of 10 per cent to said trustee,
for said services; and
Whereas, J. D. Jackson is now the
legal owner and holder thereof, and
default has been made in the pay-
ment of said note and same is past
due, and said John H. Boogher, the
trustee named in said deed of trust,
has been requested to act, and has
refused to so act thereunder, and
has resigned as such trustee, and the
said J. D. Jackson, the owner and
holder of said note has, by an instru-
| ment in writing, duly appointed
| John Perkins as substitute trustee
in said deed of trust, and has re-
quested the said John Perkins, as
such substitute trustee, to proceed
to sell the said property at trustee’s
sale under said deed of trust to pay
off said note and interest and fees;
and the amount which will be due
and unpaid thereon on the 5th day
of January, 1926. will be $87.00
Fouring
290
Runabout - *260
Coupe - - 520
Tudor Sedan 580
Fordor Sedan 660
Closed cars in color. De-
mountable rims and starter
extra on open cars.
A All prices f. o. b. Detroit 1
All-steel body; heavy crown
fenders; fuel tank filled from
outside; low, graceful body
lines; nickeled head lamp
rims; comfortable, low seats;
large steering wheel; power-
ful,positive brakes. Standard
equipment includes four cord
tires, rear-view mirror, extra
tire carrier and windshield
wiper. Balloon tires $25
extra.
Greater Demand for the
Improved Ford Cars
The recent improvements in Ford cars have
created a demand that is establishing new
sales records.
Back of this growing demand is the knowl-
edge that Ford cars have gained their uni-
versal recognition through dependability and
economy of operation. The recent improve-
ments enhance value that has been definitely
established.
See today's greater Ford value at your near-
est Authorized Ford Dealer’s. Place your
order now to insure early delivery.
o
ofor Oomant
O Detroit, Mich. •
principal, and $20.42 interest, mak-
ing a total of $107.42, besides the
substitute trustee’s commission; and
expenses of sale.
Now therefore. Know All Men By
These Presents: That by virtue of
the authority vested in me, a substi-
tutet rustee as aforesaid, in accord-
ance with the provisions of said deed
of trust, at the request of the said J.
D. Jackson, the owner and holder of
said note, I will proceed to sell the
said above described real estate at
the County Court House door of
Brewster County, Texas, in Alpine,
Texas, to the highest bidder for cash,
at public auction, on the first Tues-
day in January, 1926, same being'
the 5th day of January, 1926, be-
tween the hours of 10 o’clock a.m.,
and 4 o’clock p.m., on said date, to
satisfy said note, and interest, the
substitute trustee’s commission and
expenses of sale. At such sale, I
will ell the property, and all of the
right, title and interest which the
said J. W. May had in .and to said
property on the 9th day of April, A.
D. 1923, and at any and all times
thereafter.
Witness my hand this 9th day of
November, A. D. 1925.
1-12-4t
JOHN PERKINS.
Substitute Trustee.
Mr. and’Mrs. Guy Crawford and
daughter, Mrs. Roy Stjllwell, at-
tended the funeral of their brother
and uncle, Mrs. J. L. Crawford, in
Alpine last Tuesday.
Mr. and Mrs. W. G. Lauderdale of
Glendale, California, spent a few
Honoring Mrs. Frances Leary, who
left last week for her home in Tam-
pico, Mexico, Mrs. Roy Stillwell de-
lightfully entertained with bridge
in her home. After a number of
games, a delicious salad course was
served to the following guests: Mes-
dames L. F. Buttrill, Frances Leary,
L. C. Ritchey, Ed Todd, D. W. Col-
lins, W. L. Burcham, A. C. Spauld-
ing, R. W. Arnold, A. F. Gatewood,
Earl Young, A. R. Davis, L. B. Starns
of Alpine, J. A. McGonagill, Walter
Skinner, Vernon McIntyre of Alpine,
L. L. Hess, Skinner, W. P. Brown,
Grey, Guy Crawford.
^luiiiiiiiiitiiiiiuuiuiiiiiniiiiiiiiiiiitiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiuiiitii
IIIIIN
W. K. BATES, Vice-Pres. L. L. HESS, Pres FRED CLARK, Cashier
J. J. ROBERTS, Vice-Pres. EARL CLARK, Asst. Cashier
MARATHON STATE BANK
(ORGANIZED 1909)
Capital and Surplus $30,500.00
Marathon
HiHiiiiiiniiiiiiiiiittHHtiitunui
S. M. J. BENSON, PIONEER
CITIZEN, PASSES AWAY
(From the Olney Enterprise)
S. M. J. Benson, pioneer stockman
of the Olney country, and one of our
best known and best loved citizens,
passed away at his home in this
city Saturday morning about 2
o’clock, and was buried in the old
Olney Cemetery Saturday afternoon
by the side of his wife, who had pre-
ceded him to the Great Beyond some
14 years ago.
The funeral service was conduct-
ed at the First Baptist Church of
this city by his pastor, Miles B.
Hays, and then the remains were
taken in charge by the local Masonic
lodge and he was laid to rest.
Uncle Seaborn, as he was lovingly
and familiarly known to the great
majority of our people, was 74 years
of age at his last birthday, and had
been in bad health for almost a
year. He was confined to his home
for about five months before his
death.
He was one of the real pioneers
of this section of the country, having-
settled on the old Benson ranch place |
eight miles east of Olney in 1884.
He was engaged in the cattle busi-
ness and was a successful stock-man |
for many years. In connection with ,
this business, he established a gen-
eral tore in the old town of Farmer '
many years ago, and ran that for.
about six or seven years. In 1906
and 1907 h emoved with his family
to Olney, and has since that time
been a resident of this city. In 1911
Mrs. Benson died.
This couple was blessed with 15
childrend uring the years of their
married life, and 11 of these sur-I
vive. Ten of the 11 were present in
the last hours of their father’s ill-
ness. All of these children are mar-
ried and now have homes of t hei
own except Seaborn, Jr., who is an
employee of the Olney Drug Com-
pany of this city. The names and
addresses of the children—eight
boys and three girls—are: Mrs. O.
E. Cook, Alpine; Mrs. Maude Tram-i
mel, Dallas; Mrs. Bernice Rice, 01-
ney George M. Benson, Alpine; Ea
and Horace Benson, Fort Worth; Joe
Benson, Corona, N. M., and Will,
Seaborn and Clyde of this city.
It was the writer’s privilege to
know Uncle Seaborn rather inti-*
mately, and to know him was to
love his outstanding character and
unfailing benevolence. If he had a
fault, it was his passionate devotion
to his children, and some way or
other, we can not concede that to
be a fault. He was loved by all who
knew him and will be sadly missed
from the community life. The En-
terprise mourns the death of a
friend tried and true, and it extends
to the children its sincerest sympa-
thy in their bereavement.
POSTED AGAINST HUNTING AND
TRESPASSING
My Titley Ranch, in block 9.
north of Alpine, is posted against
hunting and trespassing of any sort,
and hunters are warned that they
will be prosecuted for violations on
his land.
C. F. KI.MEALL.
POSTED
No shooting or hunting allowed
on the J. C. Bird pastures. Please
stay off. Mrs. J. C. Bird. l-15-26p
Texas
3
iiiiiiniiiiiuiiiHiiiiiiiiiiiiniiiiiiitt
STO11
CEND TODAY for
O this wonderful
book of savings. Its
800 pages are literally
bursting with bargain
prices on the world’s
best merchandise. Al-
most everything you
need is listed among
the 35.000 items pic-
tured, described and
plainly priced-priced
at a very definite and
substantial saving for
you.
"Your Order Shipped Within 24 Hours”
016
, THIS COUPON
• Sears, Roebuck atad Co.
: Ckcaw Philadelphia Dalia Senerke Kin.. Cay :
: Send Latest General Carales, TA 100
-i
• Postoth ________
2 Rural Route
e Scate
a Sipost sd NA
Box No.
“COLD IN THE HEAD”
is an acute attack of Nasal Catarrh.
Those subject to frequent “colds” are
generally in a "run down” condition.
HALL’S CATARRH MEDICINE is a
Treatment consisting of an Ointment, to
be used locally, and a Tonic, which acts
Quickly through the Blood on the Mu-
cous Surfaces, building up the System,
and making you less liable to “colds.”
Sold by druggists for over 40 Years.
F. J. Cheney & Co., Toledo, O.
♦
POSTED NOTICE.
This is to notify all parties that
the McIntyre pastures are posted
against hunting and trespassing.
You are requested to please stay out.
W. J. McIntyre, 11-5-tf
AL types and sizes of Burgess
radio batteries. Shipment just re-
ceived. Alpine Hardware Co. 9-.
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
Moody, T. R. The Alpine Avalanche (Alpine, Tex.), Vol. 35, No. 46, Ed. 1 Thursday, November 12, 1925, newspaper, November 12, 1925; Alpine, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1708732/m1/4/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Library and Archives Commission.