Doheny To Return Large Sums To U S In Elk Hills Case
The federal court in Los Angeles awarded the government about 850000 in the Elk Hills naval oil reserve dispute. Doheny interests face 3580313 in net costs after accounting for oil valued and funds spent, while Pan-American Petroleum pays about 500000 in court costs. Judge Paul J. McCormick issued the decision with appeals looming to the circuit court of appeals.
MENTIONED IN THIS ARTICLE
Wer
Los Angeles
Federal “Court
Doheny Oil
Elk Hills
Calif
Naval Oil Reserve
Pan-American Petroleum Company
Paul J.mccormick
Circuit Court of Appeals
Doheny
Navy
Pearl Harbor
Hawaii
Pan-American Petrocum
Three Young Bandits Die On Pen Gallows
Three youths tied to a murder in Los Angeles were hanged in California today. Lewis Perry age 19 and Thomas Bailey age 22 of Texas were executed at San Quentin at 11 a m while Edward Montijo was hanged at Folsom prison at 1 31 p m after court appeals delayed the sentences. The victims were linked to the February 20 1924 shooting of Los Angeles patrolman Glenn Bond during a bank holdup. Montijo’s appeal based on insanity failed and his parents pleaded for mercy.
MENTIONED IN THIS ARTICLE
San Francisco
Calif
California
Lewis Perry
Thomas Bailey
Texas
San Quentin
Edward Montijo
Folsom
Sacramento
Glenn Bond
Los Angeles
Merchants National Bank
George Montijo
Montijo
Hail Insurance Advice For Montana Grain Growers
Harvest time arrives and hail can ruin crops quickly. The State Board of Hail Insurance has distributed over 1 100 000 to farmers in eight years, more than any other agency. Apply to county assessor for grain hail insurance. Helena office provides full information.
MENTIONED IN THIS ARTICLE
State Board OF Hail Insurance
Helena, Montane
Pioneer Printing Samples Attract Attention
Local printer promotes its catalog with samples inviting customers to inspect offerings.
Chief And Secretary Talk Chinese Matters
President Coolidge and Secretary Kellogg held a late Saturday conference at the summer White House on Chinese and debt funding issues with Undersecretary Grew present. Kellogg arrived from St Paul and declined comment. discussions were expected to continue over the weekend as views on China and debts clarified.
MENTIONED IN THIS ARTICLE
St. Paul
Kellogg
China
Washington
Ford Bid For Scrapped War Ships Sparks Auction News
Washington July 14 Henry Ford submitted a bid for 21 vessels offered for sale for scrapping. The bid was handed to Chairman O'Connor by W B Mayo chief engineer for Ford. The offer reportedly exceeds the Boston Iron and Metal bid and allows resale of engines only if the bidder chooses to use the equipment himself.
MENTIONED IN THIS ARTICLE
Washington
Shipping Board
Henry Ford
O'Conner
W. B. Mayo
Palmer
Fleet’ Corporation
Boston Iron and Metal Company
Baltimore
Ford
O'Connor
Boston
Ship purchase bid awaiting board review
The talks on buying ships ahead of a 200 vessel sale show no bid from Mr. Ford. Detroit makers report an offer mailed before June 30. Mr. O’Connor received a bid in an unsealed envelope. President Palmer said the bid contents are unknown and will be opened July 16 as negotiations resume.
MENTIONED IN THIS ARTICLE
Ford
Detroit
O’connor
Palmer
Senator Church Wins Over Racing Wagers
In Helena on July 10 Judge Poorman sustained a demurrer in a test case against Senator Ray Church. The ruling finds that accepting entrance fees and distributing purses among co owners of horses after a race does not violate wagering laws. Arguments were led by Lester Loble and Arthur Heywood with state and defense attorneys presenting.
MENTIONED IN THIS ARTICLE
Helena
W. H. Poorman
Ray Church
Church
Lester H. Loble
United States
Carl Rasch
William T. Pigott
Senator Church
Arthur Heywood
Fairy Grounds
George W. Panbury
Lester Loble
Forcing Lower Taxes Urged By Treasury Official
Gerard B. Winston of the Treasury argues for higher federal taxes while noting per capita federal tax trends, contrasting state and municipal increases, and warning that excessive death taxes could erode revenue. He contends high taxation dampens wealth creation once estate provisions fail.
MENTIONED IN THIS ARTICLE
Gerard B. Winston
Treasury
American Bankers Association Journal
Store Credit Costs 26 Percent Across Farmers in Survey
A North Carolina Experiment Station survey of 800 farmers shows over 40 percent of total credit needs come from short term loans through banks, merchants, or landlords. Only one-sixth from banks. merchants and landlords provide the rest. Store credit carries about 26 percent interest, while bank rates run just over 6 percent. Merchants would prefer cash bank arrangements, with calls for better banker farmer relations to educate on bank credit and reduce high freight and dealer profits.
MENTIONED IN THIS ARTICLE
North Carolina
Natural laws drive renewed hope in agriculture
P B Doty of the Agricultural Commission of the American Bankers Association argues that prosperity in agriculture follows immutable natural laws, as difficult as legislating prosperity or making people honest. He notes agriculture operates under the same basic laws as any other business.
MENTIONED IN THIS ARTICLE
P. B. Doty
Agricultural Commission
American Bankers Association
That Artist Daubing His Brush Reminds of Two Women Kissing
A playful quip compares painting to a kiss between two women. The humor rests on the painter mixing colors as a metaphor for romance.
Death Taxes as Business Killers
Assistant Secretary of the Treasury Charles S. Dewey cites federal estate and state inheritance taxes as a drag on business, telling a fable of John Henry and Walter Brown to illustrate how death duties cripple a thriving company and deter enterprise. The piece argues for tax reform to preserve work incentive and American opportunity.
MENTIONED IN THIS ARTICLE
Charles S. Dewey
John Henry
John Henry, Jr
Walter Brown
California
Henry & Co., Inc
Michigan
Cecees
Brown
Walter Brown & Co
Florida
America
Also Mentioned on This Page
Montana Grain Growers
Times
Sweet Grass County Creamery
Henry, Jr
John
Walter
Walter Brown Co
Mich. Corp
Minn
Mont
Cole
St. Paul-Minneapolis
Duluth-Superior
New York
Philadelphia
Lane, Pore
Seattle-Tacoma
Rainer Park
Vancouver
Portland
Columbia River
Seattle
Taco
Spokane
St. Paul-Minneapo
Denver
St. Louis
Kansas City
O. Nordstrom
Big Timber
Northern Pacific
J. A. Lowry & CO
Grand Hotel
The
A. W. Miles Co., Big Timber
Farm Machine Headquarters
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