Federal land bank case may decide tax status soon
W N Stokes of Williager reports to M H Grossett of Houston that the Federal Farm Loan Bank faces a Supreme Court appeal over bond tax exemptions. He says no loans are being advanced now but may resume after March 1 as investors await the court ruling. Banks consider the act legal. mortgage firms oppose it.
MENTIONED IN THIS ARTICLE
Federal Farm Loan Bank
W. N. Stokes
Williager Couny
M. H. 4Rossett
United States Court of Kansas City
Federal Farm Loan Net
District Court
Mortsuse
Supreme Court of the United States
Farm Flown Board
Polic
Federal Land Banks
Stokes
Mr. Stokes
Supreme Court
Local land bank praised for success amid litigation
In remarks by Mr Stokes the land bank is described as entirely successful locally and the ongoing litigation has not caused any serious embarrassment in the area.
MENTIONED IN THIS ARTICLE
Stokes
Well Location Change At Vernon Area Oil Field
The Waggoner Ranch Oil Company relinquished section 51 along with its rig to the Prescott Peoria Oil Company. The buyer took over the hole and rig at 750 feet and has continued drilling. The well lies roughly fifteen miles south of Vernon.
MENTIONED IN THIS ARTICLE
Waggoner Ranch Oil Company
Section
Prescott-Peoria Oil Company
Vernon
Vernon visitors and local moves noted in brief
Miss Edith Skinner from Oklainton visited Vernon while Marion Fountain of Sherwood undertakes a rental house project. Dr. Howard Reger, Army medical officer and ex-physician of Vernon now in Dallas, was in town last week. Mrs. R. H. Nichols and Misses Mary and Alene visited Dr and Mrs H. J. Rhoads. Miss Irma Rhoads returned home from Amarillo with her sister. Mrs. Lawrence E. Piper and Dorothy Caroline left for Kansas City to attend niece Julia Kell's wedding to A Marshall Jones of Boston. C. Q. Crawford and Mrs W Walker rushed to Crystal City to be at the ill mother of Crawford, Mrs. S. H. Crawford. Practical farmers have seen and bought land in the Sudan Littlefield country. Davis and Summerour promote a trip to the new region.
MENTIONED IN THIS ARTICLE
Howard Reger
U. S. Army
Vernon
Dallas
Lawrence E. Piper
Dorothy Caroline
Kansas City
Government Not To Abandon Its Insurance Work
Director R G Cholmeley Jones of the Bureau of War Risk Insurance warns that false rumors claim Government life insurance ends after five years or is handed to private companies. He stresses wartime term policy must convert to a permanent form within five years after peace is proclaimed, with six available options, while noting government cost advantages for servicemen.
MENTIONED IN THIS ARTICLE
R. G. Cholmeley-Jones
The
Burea of
War Risk Insurance
Philadelphia
Cholmeley- Jones
Mit
Doctor Greene Improves After Pneumonia Attack
Doctors report Dr. Greene is much improved from pneumonia. Friends of Dr Sumrow Greene are hopeful for a full recovery after weeks of serious illness and a Sunday prognosis that previously suggested little chance of recovery.
MENTIONED IN THIS ARTICLE
Dr. Greene
Sumrow Greene
Greene
Local High Volume News Snips From Vernon Area
VP Nash plans a West Texas bungalow while purchasing and selling nearby properties. Bonner begins a five room North Mesquite bungalow. Mrs McCaleb returns from Port Worth with Virginia. Heo and Tood visit in Vernon. Lindley of Archer City seeks move to Vernon. Abbott and Herring visit Colored Herrings Ranch in Powrd county. Poole resigns from First Guaranty Bank for Electra role.
MENTIONED IN THIS ARTICLE
C. B. Lindley
Archer City
Vernon
Roy Abbott
Col. C. T. Herring
Powrd County
O. Poole
First Guaranty State Bank
Electra
Vernon visits and family gatherings in weekend notes
Mrs H Williams and W Williams of Chillicothe spent Sunday in Vernon with relatives. John Watherall of Dwithis arrived Thursday to visit family and cousins G J Wealth ern. OA Peeunson and Mrs Charley Transard visited Sunday with kin. Miss Lucile Toll spent the weekend with her mother Mrs Cecil Storey while attending Texas Christian University in Mort Werth.
MENTIONED IN THIS ARTICLE
H. Williams
W. Willams
Chillicothe
Stunday
Vernon
Mere
Peeunson
Charley
Lucile Toll
Cecil Storey
Miss Tolls
Texias Christian University
Mort Werth
Real estate office of J. R. Jones listed on Main Street
J. R. Jones operates a real estate office in the Ferguson building on the west side of North Main street facing east, one door north of Hahn's dry goods store. Contact by phone 617 for buying selling or renting inquiries.
MENTIONED IN THIS ARTICLE
J. R. Jones
Ferguson
North Main Street
Hahn
Also Mentioned on This Page
Act of Congress
Houston
G. J. Stumpff
Phone Stumpff
Vlr
American Laboratories
Scotter
Bloombield, J
Edith Skinner of
Oklainton
Marion Fountain of Sherwood
R. H. Nichols
Mary and
Alene
H. J. Rhoads
Irma Rhoads
Aumillo
C. Q. Crawford
Walker
8. H. Crawford
Crystal City
Q. Crawford
Sudan-Littlefield
Davis & Summerour Tite
J. Vv. Nash Building Home
Nash
West Texas Street
Mr. Nash
South Fannin Street
RK. L
Adv
M. I. Bonner
Mesquite Street
Frank Heo
Mr. Tood
D. Stafford
Pargo
Maxwell
WAAC
Carnegie Fix
Pittsburgh
Marie Rappold
Edison
Pitsburg
Pittsburgh Dispatch
Pieesburgh Post
Pitssburgh Chronicle-Telegraph
Pitsburgh Gasettes
Timat
Pletsburgs Sun
Phonograph
B. & W. Drug CO
John Watherall
Dwithis
Mths
G. J. Wealthern
Goc
Lassacta Finberlake
Vernon, Texas
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