McCray’s New Start Rehabilitates Orchard Lake Hereford Farm Plan
The $650000 obligation was cut to $380000 by selling outlying farms, raising about $420000 with $120000 from friends. Only three of 300 former holders opposed the plan, praising McCray’s integrity. His son George W McCray, 62, will be secretary of the new firms. son-in-law William P Evans becomes VP. They aim to rebuild the family fortune, pay creditors, and revive the Orchard Lake Hereford herd, breeding 150–200 sows annually and feeding 1000+ steers. The land will cost about $135 an acre. McCray recalls peak wealth of $1.75 million in 1919, with extensive holdings across Indiana and neighboring states, derailed by 1920 conditions and Reserve Board liquidations.
MENTIONED IN THIS ARTICLE
Friends
McCray
George W. McCray
Purdue Agricultural School
William P. Evans
Indianapolis
Orchard Lake
Indiana
Iowa
Minnesota
South Dakota
Michigan
Federal Reserve Board
Orchard Lake Farm
Kentland
Ind
Warren T. McCray
Purdue
Perfection Fairfax
Fairfax
W. O. Dunlavy
Lay All on Altar in Deflationary Collapse
In a candid account a governor describes facing $776,000 in Sattlemen's notes, accepted on bank recommendation, as deflation crushed finances. He and his wife, Mrs. McCray, resolved to risk everything to survive, arranging a trust plan accepted by many creditors before banks objected and bankruptcy followed. Ended with only one month’s salary remaining to start over.
MENTIONED IN THIS ARTICLE
Leas
McCray Refuses Bribe Offer Ahead of Indiana Governor Trial
McCray testified that Governor Ed Jackson offered him $10 000 and immunity to appoint James E. McDonald as Marion County prosecuting attorney. He said he refused, citing fear of losing fortune and liberty while defending his self respect. His administration boasted vast public works and low graft, including 87 buildings at 9 million and 40 million spent on roads.
MENTIONED IN THIS ARTICLE
Ed Jackson
McCray
Jackson
James E. McDonald
Indianapolis
Marion County
William P. Evans
Indiana
Reformatory
Orchard Lake
Governor McCray Bankruptcy and Post Office Case Summary
McCray was sentenced to ten years after a federal trial found him guilty amid bank withdrawals and bank failures. A federal bankruptcy petition claimed he was insolvent. he contested farming exemptions but was deemed not a farmer. Postal inspectors had charged violations of postal and banking laws leading to the case.
MENTIONED IN THIS ARTICLE
State Bank of
McCray
McCray’s pledge and farm herd aid after fraud trials
After two fraud trials McCray stood unmoved, insisting no intent to cheat and pledging to repay debts if time allowed. Returning to Atlanta on Sept 1, 1927 he embraced his granddaughter Barbara Jane Evans and welcomed Billy Evans. Superior Court grants him support from stockmen to restore Orchard Lake Hereford herd, including honors of Perfection Fairfax and Fairfax Last, amid a dispersal sale reversal.
MENTIONED IN THIS ARTICLE
McCray
Atlanta
Barbara Jane Evans
Billy Evans
Superior Court
Orchard Lake Farm
Perfection Fairfax
Kansas City
Chicago
Fairfax
Lake County
Life of city at stake as 28000 strike
New Bedford, Mass. battles a major textile strike that halted 56 mills and left payroll losses near 10 million dollars. The conflict between capital and labor escalated from words to riots with mass picketing, police clashes, and National Guard provisions. Banks and stores suffer financially while workers and families cope amid wage losses.
MENTIONED IN THIS ARTICLE
Frank Murphy
United Press
New Bedford
Mass
America
John Sullivan
Cotton Manufacturers’ Association
Campus Loss Death Ends 18 Years of Service for Arsenal Work Horse
Arsenal Technical High School mourns Old Bob the work horse who served eighteen years. Board members paid tribute after his death in his stall following a routine meal. Assistant grounds superintendent Carl Burton noted the campus pet’s age about forty three and his nightly patrol of the campus.
MENTIONED IN THIS ARTICLE
LD Bob
Arsenal Technical High School
Carl Burton
Burton
Old Bob
Arsenal Technical Schools
Bill
Bob
End of a Grain and Livestock Era in the Country
A concise report notes the closing of a combined grain and cattle operation in a rural region. Local officials cite economic pressures and shifting farming practices as the main factors. The notice highlights lingering effects on nearby markets and employment.
Herefords at McCray Farm Center Of National Sales
The McCray farm near Orchard Lake features modern buildings with electricity and 150 miles of tile under strict supervision. It houses 800 cattle and horses in 17 barns, eight silos of 2000 tons, and 30 000 bushels in six cribs. Herefords from Orchard Lake sold nationwide and abroad through annual auctions attracting top buyers.
MENTIONED IN THIS ARTICLE
McCray
How the Crash Came And McCray Herefords Dominate Prices
McCray Herefords led major stock shows with top honors as they drew down first place, while commanding the highest prices ever achieved in the market.
MENTIONED IN THIS ARTICLE
McCray
Hereford
Ants and Roaches Gone for Good Ad
A new odorless stainless powder named Takimized Sodium Fluoride marketed as T. S. F. claims to drive ants and roaches from homes. One application allegedly lasts long, and the product is sold in drug stores or poultry supply houses at a low cost.
Favored Territory of the Illinois Central System
The fourteen states touched by the Illinois Central System form the nation’s economic core. They house 38 million people, consume about one third of domestic goods, and sustain vast agricultural, mineral, and industrial output with over 52,000 plants and 2 million workers producing well over 16 billion dollars in annual value.
MENTIONED IN THIS ARTICLE
United States
Great Britain
Germany
France
Fatal blast in Salt Creek oil field claims life
United Press reports in Casper Wyoming one man, Arthur Fidel, 25, died after an explosion and fire in an oil field engine house. Clarence Jones, 35, suffered serious burns while attempting rescue. Nearby wells ignited but were put out. spark likely caused the blast.
MENTIONED IN THIS ARTICLE
United Press
Casper
Wyo
Salt Creek
Arthur Fidel
Clarence Jones
Fidel
Also Mentioned on This Page
Discount and Deposit Bank of Kentland
James P. Goodrich
Marion County Grand Jury
Orange
Virginia
Old Virginia
L. H. Trotter
Arsenal Work Horse
Metropolitan Life Insurance Company
Fletcher Savings and Trust Company
Pennsylvaniavania
Market Streets
Peoples Dentists
West Washington Stours
City Trust Company
Dick Miller
East Washington Street
Great Central Region
The
L. A. Downs
Illinois Central System
Toledo
Ohio
Edson Varnish Company
I Times
Muncie
Everett Parks
Chesapeake & Ohio
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