First National Bank to Cut Capital Stock in Half
At a Tuesday directors meeting the First National Bank declared a 10 percent dividend on its 100000 capital stock and shareholders will be paid on December 31. The vote to reduce capital from 100000 to 50000 passed 877 to 0 with 877 shares represented. The bank will add 50000 to surplus, 25000 for contingencies, and 10000 to undivided profits, giving a working capital of 135000. The move lowers annual taxes and aims to maintain local service. C. B. Bryant Jr. travels to Washington to seek final approval before January 1, 1939.
MENTIONED IN THIS ARTICLE
First National Bank
Whitewright
C. B. Bryant Sr
National Banking Department
Bryant
Washington
C. B. Bryant Jr
Moore's Almanac Predicts Three Crises No War
London report says 1939 will feature three international crises but no war. Predicted events include US involvement in a possible war with Japan next December, labor unrest in the United States, an American economic boom, an unnamed high German official's assassination, and Roosevelt shaping a European crisis to avert war.
MENTIONED IN THIS ARTICLE
London
Europe
Old Moore
Britain
United States
Japan
America
Almanac
Roosevelt
Benito Mussolini
Great Britain
Germany
Mediterranean
Gearhart proposes 18 year term limits for Supreme Court
Fresno California Representative B W Gearhart introduces a bill to amend the Constitution abolishing life tenure for Supreme Court Justices. The plan would set staggered 18 year terms with a nine member Court, aiming to curb perceived vulnerability after recent attacks in Congress.
MENTIONED IN THIS ARTICLE
Supreme Court
Fresno
Calif
B. W. Gearhart
California
Gearhart
Boy 11 Injured in Toy Torpedo Blast at Texarkana
James Tiller, 11, suffered serious injuries when a toy torpedo exploded on Saturday. His left cheek and several teeth were blown out.
MENTIONED IN THIS ARTICLE
Texarkana
James Tiller
Real income of 1937 near that in 1929
Washington report from the Commerce Department shows 1937 total national income at 69.8 billion dollars, about 11 billion below 1929, with per capita income at 540 dollars. Real income in 1937 closely matched 1929 after price and living cost adjustments, despite a population rise of nearly 6 percent.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
Commerce Department
Spawn of the North Is Palace Feature Tonight and Friday
The Palace theatre presents Spawn of the North as the feature for tonight and Friday with stars George Raft Henry Fonda Dorothy Lamour John Barrymore and Akim Tamiroff. Saturday showcases The Three Mesquiter s in Sante Fe Stampede. Prevue Monday features Fred Astaire Ginger Rogers Ralph Bellamy in Carefree. Tuesday and Wednesday bargain nights present Alcatraz Island Cosmo politan production as the feature. Thursday and Friday next week star Bob Burns in The Arkansas Traveler.
MENTIONED IN THIS ARTICLE
Palace Theatre
the Sun
George Raft
Henry Fonda
Dorothy Lamour
John Barrymore
Akem Tamiroff
Cosmopolitan
Bob Burns
The
Arkansas Traveler
O Daniel pays poll tax after election pledge
Gov Elect W Lee O Daniel paid his poll tax at the Tarrant County courthouse on Wednesday saying his move from private citizen to chief executive made the payment mandatory. He told Tax Collector John Bourland that as governor he is part of the machinery that levies the tax and should not protest.
MENTIONED IN THIS ARTICLE
Fort Worth
W. Lee O’daniel
Tarrant County
O’daniel
John Bourland
Seedless melon developed by Chinese student at MSU
East Lansing Michigan State College exhibited a seedless watermelon developed by Cheong Ying Wong a 27 year old Chinese graduate student who succeeded where others failed He said the flavor was unimpaired though the melons sometimes take a pear like shape His experiments used Michigan melons averaging about eight pounds and smaller than Southern melons.
MENTIONED IN THIS ARTICLE
East Lansing
Mich
Michigan State College
Cheong-Ying Wong
Michigan
Re Districting Debate Follows Texas Legislature
In Austin observers expect no redistricting in the upcoming session as lawmakers vow to uphold the constitution while drought of change looms. Critics say shifting districts would boost big cities like Dallas and Houston, but rural lawmakers resist. The process faces long odds and tight political maneuvering.
MENTIONED IN THIS ARTICLE
Austin
Texas
East
South Texas
West Texas
Dallas County
Dallas
Houston
San Antonio
Fort Worth
Lubbock
Charges Filed After Mishaps
Sherman reports two drivers charged with driving while intoxicated after two Saturday accidents. W. W. Samples, 32, a former Blue Ridge man now in the Navy, faces a collision that sent Pete Donohue and Nell Dearmont of Fort Worth to St. Vincent's hospital in serious condition. Donohue is a former major league pitcher and Dearmont is a district supervisor for the state home economics education program. P. G. Pilcher of Collinsville was charged after a West Houston wreck in which a truck tied to Brown Gregory overturned after hitting a parked car. Both drivers released on bond. charges filed before Justice Jess Wall.
MENTIONED IN THIS ARTICLE
Fort Worth
Miss Dearmont
State Department of Homemaking Education
P. G. Pilcher
Collinsville
Houston
Brown Gregory
Jess Wall
Texas second in garlic production in 2,000,000 pounds
Plant pathologists at Texas A and M College report Texas grows about 2,000,000 pounds of garlic annually, ranking second to California. The state also leads in cotton cattle sheep goats pecans and other farm items.
MENTIONED IN THIS ARTICLE
College Station
Texas
Texas A. & M. College
Lone Star State
California
Italy Bans Price Haggling in Textile Trade
Rome reports the Fascist government enforces fixed prices for textiles and many goods, ending the old practice of haggling. Officials say modern life demands standard pricing and ordinary bargaining is prohibited.
MENTIONED IN THIS ARTICLE
Rome
Mice Chew Matches Trigger Fatal House Fire
In Florence New Jersey two inquisitive mice chewed a box of matches at William Brining's home Friday. The matches ignited Brining's hunting coat, which set off a box of shotgun shells in a pocket. Pellets scattered through the house as Brining and his family jumped from bed. the mice were found dead on the floor below the burning coat.
MENTIONED IN THIS ARTICLE
Florence
N. J
William Brining
Brining
Brnning
500 Warned To Pay Taxes Or Be Closed
Dallas district agents of the Bureau of Internal Revenue served warrants on 500 local business houses to comply with the social security act or face closure. Avon Studios at 2100 McKinney had personal effects sold at public auction for 76 dollars to apply on about 150 dollars of back taxes. Three Oak Cliff laundries were notified to pay about 3500 dollars by January 3 or have property sold.
MENTIONED IN THIS ARTICLE
Dallas
Bureau of Internal Revenue
John Dunlap
Avon
McKinney
Dunlap
Oak Cliff
Sun Campaign Closes In Big Renewal Upswing
The Sunfall subscription drive ended last Saturday with strong results. Many new names joined the rolls and hundreds renewed at the special rate. A few old subscribers did not renew. The Sun publisher thanks readers for the robust response and notes steady year to year growth. Honor roll additions include W N Stone, J T Williams, R J Phillips, and others. Iceland’s geyser basin sits 70 feet wide and ejects water 80 to 200 feet high. Orangeburg County South Carolina shipped hogs worth 218,850 dollars in 1938, up from the prior year.
MENTIONED IN THIS ARTICLE
Sunfall
Sun
Sun Force
W.N. Stone
J. T. Williams
R. J. Phillips
W. L. Moore
A. J. Bradley
Roy Benson
J. H. Hopper
Otto Hopper
E. A. Hansard
Harry Farrow
M. F. Alexander
C. B. Dixon
C. F. Collins
Iceland
U.S. to Train 20 000 Pilots at Colleges
President Roosevelt announced that the government will begin training 20,000 college students annually as expert pilots. The program will start in several hundred colleges during 1939 40 under the National Youth Administration with Civil Aeronautics Authority supervision. Initial testing will run second semester at Purdue Alabama Minnesota Washington MIT Texas A and M and Georgia Tech.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
United States
National Youth Administration
Civil Aeronautics Authority
Congress
CAA
Purdue
Alabama
Minnesota
University of Washington
Massachusetts Institute of Technology
Texas Agriculture & Mechanical College
Georgia School of Technology
Funeral service for Judge Wilcox held in McKinney
Funeral services were held Monday at 3 pm in McKinney for Judge F. E. Wilcox 73 veteran Fifty-ninth District Court jurge who retired November 25 and died Sunday at his home. Burial followed in McKinney. A native of Collin County he had served as city attorney county judge and state representative. Survived by second wife Rebekah Abernathy four children and several extended relatives. He was a member of several lodges and held multiple local company and bank posts.
MENTIONED IN THIS ARTICLE
Mckinney
F. E. Wilcox
J. T. Suggs
Denison
Wilcox
Collin County
J. M. Wilcox
Nancy Throckmorton Wilcox
J. W. Throckmorton
University of Missouri
University of Texas
Jennie Sargent
Rebekah Abernathy
Dowell Naylor
Waco
Rebekah Wilcox
James Wilcox
Frank Wilcox
Army Signal Corps
Panama
Masonic
Knights of Pythias and
Elk Lodges
Wilcox Lumber Company
Texas Cotton Mill Company
Central National Bank
Christmas Gift Helps Avert School Ceiling Disaster
Amarillo Senior High School avoided disaster when Principal R. B. Norman rang the final bell four minutes early on the last day before holidays. Moments later a classroom ceiling collapsed after students had left, a potential tragedy foiled by the so called gift.
MENTIONED IN THIS ARTICLE
Amarillo
R. B. Norman
Amarillo Senior High School
Norman
Dog Saves Life of Young Child in Pond Chase
In Rockingham North Carolina a pet terrier owned by the M L Tuckers saved 3 year old son when he fell into neck deep water at a pond. The dog tugged at the mother and led to the child clinging to a small bush. He was rescued and treated for exposure.
MENTIONED IN THIS ARTICLE
Rockingham
N. C
M. L. Tuckers
Government loans aid thousands of tenants to buy farms
More than 1,885 farm tenants sharecroppers and laborers obtained Government loans to buy farms of their own during the first year of the Bankhead-Jones Farm Tenant Act. Some Chinese wear white to funerals and in some places men wear skirts while women wear trousers.
Economists urge Roosevelt to halt WPA roll cuts
A letter signed by 69 economists including Harvard's Paul M. Sweezy urges the president to stop reports of a one third reduction in WPA rolls over the next two to three months. They warn such action would push breadwinners into destitution, cut $50 million monthly in wages, worsen relief effects, and threaten the economic rebound.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
Roosevelt
Works Progress Administration
Paul M. Sweezy
Harvard Economics Department
WPA
California to Try Low-Cost Medical Plan
In Los Angeles the California Medical Association delegates voted nine to one for a low cost health insurance program to start within 60 to 90 days with AMA approval. The plan offers unlimited medical and limited hospital services, allows choosing doctors, and targets wage earners earning 2500 dollars or less annually at 2.50 to 2.65 dollars per month.
MENTIONED IN THIS ARTICLE
Los Angeles
House of Delegates
California Medical Association
American Medical Association
Health Insurance Corporation
California
Subscription Bargains Offered by The Whitewright Sun
The Whitewright Sun advertises combined annual subscriptions with Country Home and Woman's Home Comp anion for two dollars, and adds American Magazine for a three dollar and five cent package. A Whitewright Sun plus Semi-Weekly Farm News for one year is priced at one dollar eighty five, a two dollar fifty cent value. Mail or bring subscriptions to The Whitewright Sun. We will handle the rest.
MENTIONED IN THIS ARTICLE
Whitewright Sun
Country Home
Woman's Home Companion
Allreds Receive Expensive Car From Austin Friends
Gov. and Mrs. James V. Allred were given a new $1,250 car by Austin friends, a combined Christmas and going away gift. The group paid the difference from their prior 1936 car. Allred departs Jan. 17 to become a Federal Judge for the South Texas district and will reside in Houston.
MENTIONED IN THIS ARTICLE
Austin
James V. Allred
Allreds
Alred
South Texas
Houston
Elliott Roosevelt criticizes Mexico on radio broadcast
Elliott Roosevelt, son of the President, attacked Mexico for expropriating American property in a Texas State Network radio commentary. He said the Mexican government benefited from the United States good neighbor policy yet repaid the help with harm.
MENTIONED IN THIS ARTICLE
Fort Worth
Elliott Roosevelt
Mexico
Texas
Roosevelt
United States
Also Mentioned on This Page
First National
Moore
Palace Feature
Sclons
House of Representatives
PHEW
Italy
Orangeburg County
S. C
U. S
Son Elliott