anaheim-gazette 1933-12-21

Would-Be Borrowers From Federal Land Bank Told How Appraisals Are Made On Farms; Ellis Cites Determining Values Considers What Thrifty Farmer Would Set Out To Find If He Were Buying Property; Lists Reasons Why Government Examines Soil, Water Supply, Costs of Operation In answer to many questions raised by would-be borrowers from the Federal Land Bank of the eleventh district relative to the bank's theory and policy of appraising agricultural lands for loan purposes, Willard D. Ellis, president of the bank and general agent for the eleventh district, prepared and released the following statement: "If a prudent thrifty farmer set out to buy a farm which he expected to operate himself and make his home he would examine thoroughly a number of very important things—He would consider location, nearness to markets, good roads, schools, churches. He would be more interested in the soil, water supply and costs, however, than in location—realizing that no matter how well located his farm might be he could not expect to continue to own it if he purchased it unless it was a producer. He would be interested in its crop adaptability—that is, what crops could be successfully and profitably grown upon the land—knowing that he could not expect to continue producing the same crop year after year. Once satisfied with soil and water, if an irrigated farm, and with rainfall if not irrigated, he would investigate taxes of all kinds—knowing that he could not hope to keep possession of the farm if he failed to pay taxes—right here let me say that tax increases have caused more farmers to lose their farms than any other thing during the past 20 years except the heavy decrease in prices of farm products commencing in the summer of 1930. “If the property being purchased was an orchard or vineyard the buyer would want to examine the trees and vines closely. He would vitally interested" Sets Precedent Speed Case On "Stop" Court Holds That Man Not Need To Slow 15 Miles Per Decision that it is not slow a car down to 15 mph an intersection on a boulevard from cross traffic by it was recently made by Mr William D. Curtis presiding Nuys court. A precedent far-reaching was set which resulted in dismissal against the defendant speeding 30 miles an hour boulevard through the Diaz Street, a blind corner boulevard stop signs. The defense cited a court decision in objection requiring a speed of no miles per hour at intersections apply on boulevard stop arriving at this decision stated that the appellant appeared founded on good and proper legal grounds where a boulevard stop reasonable to apply the speed limit on the boulevard traffic is required to stop. The court ruled that the boulevard stop law vehicle act is necessarily of the speed law at intersections stop law is a later one. In this connection the Club of Southern California partment points out that ruling will undoubtedly other courts in the state should still bear in mind provisions of the speed quire that a vehicle at be driven at a safe and of speed. AT YULETIDE WHEN the Christmas candles are lighted, the ornaments all in place, we'll pause to thank you for your patronage and to wish you the Merriest Christmas, happiness and health. Betzsold Studio 110 E. Center, Anaheim HOLIDAY CURSIONS Remarkably low Holiday Excursion Fares are now in effect to numerous points on the Motor Transit system—go visiting, or shopping, or on business in comfortable, heated motor coaches and save Money and Time. TO LOS ANGELES ROUND TRIP $110 CHILDREN 55c rd. trip Excursion tickets on sale Dec. 22, 23, 24, 25, and Dec. 29, 30, 31, Jan. 1st, only. Return limit, three days from date of sale. he would investigate taxes of all kinds—knowing that he could not hope to keep possession of the farm if he failed to pay taxes—right here let me say that tax increases have caused more farmers to lose their farms than any other one thing during the past 20 years except the heavy decrease in prices of farm products commencing in the summer of 1930. “If the property being purchased was an orchard or vineyard the buyer would want to examine the trees and vines closely. He would be vitally interested in root stock, whether the varieties of fruit being grown were good commercial varieties—the age of the trees or vines and whether their growth was vigorous and healthy according to their age. Expecting to pay for the place largely out of earnings, he would want to know that the probable bearing life of the trees or vines would be long enough and at sufficient yields to enable him to make a profit before having to replant. “If the property was a dairy or a livestock ranch he would be interested in the amount of feed he could produce or in its carrying capacity. “If a poultry plant and he a good poultryman he would realize that he could only afford to have a certain maximum investment in land and buildings per barn and would not pay more than experience had proven that type of agriculture could stand. “If he had to depend upon his water supply from pumping from underground sources, he would investigate the cost of pumping, the amount that could be pumped and the probable future supply and cost—not forgetting, of course, depreciation, replacement, etc., which far too many farmers never have provided for in their budget. “In determining income he would check rentals of similar farms in the neighborhood. “他 would use normal prices for crops the land was capable of producing—knowing that over a period of years prices would reach an average that could be reasonably determined. “To sum up, he would be first interested in what kind of a farm he wanted; finding such a farm he would estimate its worth—determine its fixed carrying charges—its rental value in case for any reason he ceased operating—and then pay what he thought he could afford to pay expecting a fair return for his labor and investment. “Well, that is just about the way land bank appraisers set out to appraise farms for Land Bank and Land Bank Commissioner loans. They appraise as farmers, knowing farms, and for farmers, not for speculators. Those appraising are farmers or have been farm owners or operators. “Land Bank and Land Bank Commissioner loans are intended to be made and I believe are being made on vehicle act is necessarily of the speed law at inter-stop law is a later one. In this connection the Club of Southern California partment points out the ruling will undoubtedly other courts in the state should still bear in mind provisions of the speed quire that a vehicle at be driven at a safe and of speed. Coates Is Chosen By Director Head Creed Bank of America Branch Executive Office at Berkshire T. P. Coates, vice-president Rideout branch, Bank Marysville, Calif., this week by the directors of the duction Credit Corporation that institution. His that office was made by liam I. Myers of the FD Administration at Washinton Coates, who will assist office immediately, begin career with the Rideout village, becoming assistant when the local bank be of the Bank of Italy. In cashier of the Sutter Co Bank at Yuba City. V. of Italy took over than 1927 he was made man transformed to the H Bank of America in 1932 dent and manager. The Berkeley Productporation which Coates is the recently formed a Farm Credit Administr eleventh district. Under and with capitalization Berkeley corporation t duction credit associatic vanement of produce farmers have already California to gradually emergency credit work by the regional agricult uportation. Statewide li tions of similar character been established in Cali Utah and Arizona. Warn About The Of County TO LOS ANGELES ROUND TRIP $110 CHILDREN 55c rd. trip Excursion tickets on sale Dec. 22, 23, 24, 25, and Dec. 29, 30, 31, Jan. 1st, only. Return limit, three days from date of sale. TO RIVERSIDE ROUND TRIP $125 CHILDREN 65c rd. trip Excursion Fare to San Bernardino, $1.50 round trip, children 75c. Tickets on sale daily Dec. 18th to January 1st, inclusive. Return limit, three days from date of sale. TO TOURNAMENT OF ROSES ROUND TRIP $100 CHILDREN 50c rd. trip Go direct to Pasadena's New Year floral pageant and football classic without traffic and parking worries in fast, comfortable Motor Transit stages. FOR FURTHER INFORMATION regarding time of departures, reservations, other fares, etc. to ANY part of the United States, inquire of agent. MOTOR TRANSIT LINES DEPOT—217 S. Los Angeles St. Phone 3404, R. B. Harrington, Agent Peace On Earth At this, the Christmas season, we extend the heartiest Christmas Greetings to all our friends and customers, and wish you great happiness and health. R & B Cut Rate Drug 151 W. Center — Anaheim Sets Precedent In Speed Case Ruling On “Stop” Streets Court Holds That Motorist Does Not Need To Slow Down To 15 Miles Per Hour Decision that it is not necessary to slow a car down to 15 miles an hour at an intersection on a boulevard protected from cross traffic by boulevard stops was recently made by Municipal Judge William D. Curtis presiding in Van Nuys court. A precedent that may be far-reaching was set by this ruling which resulted in dismissal of the case against the defendant arrested for speeding 30 miles an hour on Ventura boulevard through the intersection at Diaz Street, a blind corner protected by boulevard stop signs. The defense cited a recent appellate court decision in objection that the law requiring a speed of not more than 15 miles per hour at intersections did not apply on boulevard stop streets. In arriving at this decision, Judge Curtis stated that the appellate court ruling appeared founded on good reasoning and proper legal grounds and that where a boulevard stop exists it is unreasonable to apply the 15-mile an hour speed limit on the boulevard since cross traffic is required to stop. The court ruled that incorporation of the boulevard stop law in the state vehicle act is necessarily a modification of the speed law at intersections as the stop law is a later one. In this connection the Automobile Club of Southern California legal department points out that while this ruling will undoubtedly be followed by other courts in the state, motorists should still bear in mind the general provisions of the speed law which require that a vehicle at all times shall be driven at a safe and reasonable rate of speed. Two men of high place and power heard verdicts of "guilty" in New York courts and sentence pronounced for their imprisonment. On the left is Isidor J. Kresel, lawyer-banker who was convicted of aliding and abetting the misapplication of more than $2,000,000 of a safe deposit affiliate of the Bank of the United States. He got 1½ to 2½ years. On the right is Waxey Gordon, convicted beer baron and racketeer, who got 10 years and a fine of $80,000, sixty thousands of which represented cost of the case to Unele Sam. Gordon's conviction on income tax evasion ranks next to the Al Capone case. Coates Is Chosen By Directors To Head Credit Bank Bank of America’s Rideout Branch Executive Gets New Office at Berkeley T. P. Coates, vice-president of the Rideout branch, Bank of America at Marysville, Calif., this week was elected by the directors of the Berkeley Production Credit Corporation president of that institution. His nomination to that office was made by Governor William I. Myers of the Farm Credit Administration at Washington. Coates, who will assume his new office immediately, began his banking career with the Rideout Bank of Marysville, becoming assistant cashier in 1922 when the local bank became a branch of the Bank of Italy. In 1923 he became cashier of the Sutter County Producers Bank at Yuba City. When the Bank of Italy took over that institution in 1927 he was made manager. He was transformed to the Rideout Branch Bank of America in 1931 as vice-president and manager. The Berkeley Production Credit Corporation which Coates heads is on of the recently formed agencies of the Farm Credit Administration in the eleventh district. Under its supervision and with capitalization provided by the Berkeley corporation twenty-six production credit associations for the advancement of production loans to farmers have already been formed in California to gradually undertake the emergency credit work formerly done by the regional agricultural credit corporation. Statewide livestock associations of similar characters also have been established in California, Nevada, Utah and Arizona. Warn About Theft Of County Property Avocado Growers Institute Names Group To Study Stabilization Plans, or Code 80 Growers Meet In Santa Ana Saturday To Hear Reports From Special Corps Administrator of AAA, Secretary Alex Johnson of California Farm Bureau Federation, H. E. Wahlberg About 80 avocado growers from Los Angeles, Orange and San Diego and Riverside counties assembled at Santa Ana, Saturday to hear and confer with Porter R. Taylor, special crops administration of the Agricultural Adjustment Administration, Washington, D. C. Alex Johnson, secretary of the California Farm Bureau Federation, acted as chairman of the meeting, and H. E. Wahlberg was appointed secretary. After indicating that several requests had been made for this meeting and reviewing similar meetings held by other commodity groups in California for the purpose of considering industry stabilization, Mr. Johnson introduced Mr. Taylor, who explained at length the history, purposes and legal phases of the Agricultural Adjustment Act. Among the more pertinent points which he developed during the meeting were: The act purposes to increase the purchasing power of the producer. Control of supply is the fundamental basis for all commodity agreements. Marketing agreements and codes have now been completed for the following California commodities—Tokay grapes, canning peaches, oranges and grapefruit, walnuts, and milk. Marketing agreements can be signed only by shippers, handlers and cooperative associations. Marketing agreements entered into with the Secretary of Agriculture legalize growers violations of the Sherman anti-trust law. Agreements must be backed and signed by the handlers of the majority of the production, preferably 75 to 90 percent or more. Public hearings are always held to review and consider every provision of codes and agreements, and all interests in the industry are given an opportunity to be heard. Usually it is advisable to set up a code in conjunction with a marketing agreement. “Search For Santa Claus” Play’s Title Members of the Girls’ Friendly society of St. Michael’s Episcopal church will present a play, “The Search for Santa Claus,” at the church Saturday afternoon at 2:30 o’clock. Although the play is especially suitable for children, adults will enjoy it also, the rector, Rev. D. Howard Dow, states. A nominal admission charge will be made. Among those appearing in the production are: Misses Katherine Collins, Marletta Downey, Virginia Lee Peterson, Sylvia Dow, Nellie Jean Toms, Betty Jane Ward, Shirley Justice, Betty Jean Hanson, Audrey Smith, Victoria Loly, Betty Naffsiger, Dorothy Downey, Betty Jean Downey and Alice Powers. Autos Subject To 5 Types Skidding Automobiles are subject to five distinct types of skidding, states a report received by the Automobile Club of Southern California. They are as follows: 1. The Braking Skid, which is the most common, caused by too sudden application of the brakes. 2. Steering Skid, whereby the car is guided either incompetently or carelessly causing the back of the car to vehicle act is necessarily a modification of the speed law at intersections as the stop law is a later one. In this connection the Automobile Club of Southern California legal department points out that while this ruling will undoubtedly be followed by other courts in the state, motorists should still bear in mind the general provisions of the speed law which require that a vehicle at all times shall be driven at a safe and reasonable rate of speed. Two men of high place and power heard verdicts of “guilty” in New York courts and sentence pronounced for their imprisonment On the left is Isidor J. Kreel, lawyer-banker who was convicted of alding and abetting the misapplication of more than $2,000,000 of a safe deposit affiliate of the Bank of the United States He got 1½ to 2½ years. On the right is Waxey Gordon, convicted beer baron and racketeer, who got 10 years and a fine of $80,000, sixty thousands of which represented cost of the case to Unele Sam Gordon’s conviction on income tax evasion ranks next to the Al Capone case. Warn About Theft Of County Property Second-hand dealers and other persons in this vicinity were warned Tuesday by Anaheim police that plainly-marked equipment was stolen from a county tractor and attempts may be made to dispose of it locally. Adjustments Aid State Fruit Men Growers of California benefited to the extent of $7789.53 as the result of the adjustment of complaints against wholesale fruit handlers and commission merchants or through recoveries on bond actions filed by the division of market enforcement, state department of agriculture, during the period October 16 to November 16, the report of the division chief, C. J. Carey, made to the state director of agriculture, shows. Four prosecutions of buyers accused of operating without a license were launched during the month. Carey reported, and the licenses of two companies, one in Los Angeles and one in Chula Vista, were revoked, one due to the insolvency of the company, and the other because of the cancellation of the firm's bond. Application of the Murphy Fruit company of Reedley, for a dealer's license was refused after investigation revealed that the applicant had previously violated the law by operating as a dealer without a license, and had failed to pay growers. A conference was recently held with W. P. Wing, secretary of the California Wool Growers association, with a view to formulating a code of fair trade practice in handling California wool on commission. 5 Types Skidding Automobiles are subject to five distinct types of skidding, states a report received by the Automobile Club of Southern California. They are as follows: 1. The Braking Skid, which is the most common, caused by too sudden application of the brakes. 2. Steering Skid, whereby the car is guided either incompetently or carelessly, causing the back of the car to swing around to the front. 3. The Power Skid, caused by too much engine speed which results in spinning wheels without normal traction. 4. The Traction Skid, resulting from smooth tires on oily or levy roads. 5. The Mis-alignment Skid, which is often overlooked, caused by cars driven with wheels out of line. has, therefore, given consideration to the preparation of a code—having in mind, primarily, the control of importations of Cuban avocado and the coordination of shipments from California and Florida. When a code is developed it will be presented to all avocado growers, regardless of their marketing affiliations, for their suggestions and approval. The growers unanimously voted that it be the sense of this meeting that representatives of the various avocado groups meet at a later date to consider the advisability of adopting a code and, or marketing agreement with special consideration of the tariff question, and the motion was amended to have the same representative committee consider intra-state shipments. F. R. Wilcox, marketing specialist, agricultural extension service, who was present, made known that he would be available to meet with a representative committee from the industry. Mr. Johnson was instructed to notify the various county avocado groups or Farm Bureau avocado departments to elect representatives to such a committee, which will be called at a later date upon definite request from such groups. POLITICALLY SPEAKING Gubernatorial candidate possibilities have begun to regain some attention they lost to prohibition repeal and lynchings, and while political activity generally has quieted down for the Christmas season, observers looked for some interesting developments soon. Friends of State Treasurer Charles G. Johnson continue to be divided over the question, "Will he announce openly for governor, or follow his previous custom and decide he had better be a candidate for re-election as treasurer." One close friend insisted he would follow the latter course. George M. Stout, secretary of the veterans welfare board, is awaiting Johnson's decision. If the treasurer should become a formal candidate for governor, Stout would run for treasurer. Stout at present is the center of quite a political storm. His job expires January 1, and he is seeking re-appointment. The governor's advisers are reported to want him ousted in favor of a "Rolph man." Stout originally was appointed by Gov. Friend W. Richardson and reappointed by Gov. C. C. Young. Despite the insistence of close friends that Bert B. Meek, former director of the department of public works, will not enter the race for governor, numerous progressive republicans are plugging him for the job. Assemblyman Percy G. West of Sacramento county said he found sentiment in widely separated sections of the state favorable to Meek as candidate. Considerable pressure may be brought to influence Meek to lead the progressive fight, it was indicated. Republicans and democrats are organizing counties for the 1934 election, and their activity in that respect was expected to become more evident early in the year. Both are seeking strong leaders—something neither has decided Secures First of December Permits J. H. Knolla secured the first building permit issued in December, when he took out a permit to re-roof a house at 506 North Lemon street. Estimated cost, $200. NOTICE OF ANNUAL MEETING OF ANAHEIM BUILDING & LOAN ASSOCIATION Notice is hereby given that the annual meeting of the stockholders of the Anaheim Building & Loan Association will be held at the office of the Association at 187 West Center Street in the City of Anaheim, California, on Monday, the 15th day of January, 1934, at the hour of 7:30 p.m. of said day for the purpose of the election of a Board of Directors for the ensuing year and the transaction of such business as may properly come before such meeting. By order of the Board of Directors of the Anaheim Building & Loan Association. FORREST F. FOWLER, Secretary, Dated December 21, 1933. 21-2S; 4 W-A-N-T A-D-S RATE: Five cents, the line (count five words to the line) for each insertion. Phone 2411 for want ads that bring results. FOR RENT — WHAT OFFERS? 3-room and 5-room houses, gas and electricity furnished; overstuffed, tile sink, hardwood floors, garage. Inquire 504 E. Sycamore. WOOD FOR SALE Dry Eucalyptus wood for sale. 621 S. Dickel St. 12-7-8t Painting & Paperhanging Painting, paperhanging. J. E. Saylor, 131 W. Chartres St., Phone 2761. Republicans and democrats are organizing counties for the 1934 election, and their activity in that respect was expected to become more evident early in the year. Both are seeking strong leaders—something neither has decided upon as yet. Wide interest was drawn to the board of equalization when the first open break was recorded. John C. Corbett's bolting from beliefs and practices of the other three members was regarded as a possible spark which may ignite more significant fireworks later on. "They say I have no authority to give orders," said Corbett when criticized for ordering state liquor police to cease raiding San Francisco speakables. "What about Fred Stewart? He's giving plenty of orders." As a matter of fact, liquor law enforcement work seemed to slip naturally onto Stewart's shoulders, and it is his belief that since the board was charged with enforcing the regulations, it should go about its full duties immediately, rather than winking at speakeasies and clamping down on legitimate dining rooms and restaurants where serving of hard liquor may be attempted. Chairman Richard E. Collins and H. G. Cattell agreed with Stewart and the trio aligned itself against Corbett. Few ventured to predict the outcome of the controversy. Senator Roy Fellom, San Francisco, believes the sales tax should be changed to exempt "necessities of life," fearing that somebody may launch an initiative which might repeal the entire tax in its present form. He is not advocating a special legislative session, however, and agrees with state financial experts that a sales tax is necessary to handle the $80,000,000 school costs saddled onto the state. Burglars Take Two Watches and Lamp Burglars Monday night gained entrance to the C. E. Gowe residence at 817 South Claudina Street by cutting the screen of the rear door. Two watches and a table lamp are missing, police were told. The public is fast returning to the use of liquid laxatives. People have learned that the properly prepared liquid laxative will bring a perfect movement without any discomfort at the time, or after. The dose of a liquid laxative can be varied to suit the needs of the individual. The action can thus be regulated. A child is easily given the right dose. And mild liquid laxatives do not irritate the kidneys. Doctors are generally agreed that senna is the best laxative for everybody. Senna is a natural laxative. It does not drain the system like the cathartics that leave you so thirsty. Dr. Caldwell's Syrup Pepsin is a liquid laxative which relies on senna for its laxative action. It has the average person's bowels as regular as clockwork in a few weeks' time. You can always get Dr. Caldwell's Syrup Pepsin at any drugstore, ready for use. Member N. R. A. Watches and Lamp Burglars Monday night gained entrance to the C. E. Gowe residence at 817 South Claudina Street by cutting the screen of the rear door. Two watches and a table lamp are missing, police were told. Christmas · Why not a Telephone for your home? Think what is back of it: the convenience, the friendly voices, the good news that a ring of its bell may bring. The sense of protection, the loved ones in other places that you can reach. No other gift can do so much for so little. Southern California Telephone Company Business Office: 217 N. Lemon Telephone 2101