The Western news. [volume], September 28, 1933, Image 1

About The Western news. [volume] (Libby, Mont.) 1933-current

Image provided by: Montana Historical Society; Helena, MT

                
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V-.^LENA.
WESTERN NEWS
With which is consolidated THE LIBBY TIMES and THE TROY TRIBUNE
VOLUME XXXIII
Libby, Lincoln County, Montana
Thursday. September 28,
N umber 17
Was A Fine
Meeting, Say
Libby Lions
Lieutenant Berkeley and
Lamar Rowland Speakers
At Club Dinner.
BOTH ARE HIGHLY
INTERESTING TALKS
&
the most interesting meetings
ns have ever enjoyed was
One
Libby
that of last Monday evening, according
to the unanimous verdict of the goodly
number of Lions present The two high
lights of the evening's entertainment
were a talk by Lamar Rowland on his
experiences during his visit to Holly
wood and an address by Lieutenant
Joe Berkeley of the U. S. navy on
navy matters.
Lamar told m an extremely happy
vein of his entertainment at Hollywood,
throwing a veil of humor over the
whole affair. He kept his audience
laughing heartily much of the time
by recounting his experiences and
the impressions left on him. He told
of seeing pictures in the making, of his
own tests both for voice and for pho
tographing, and of meeting any number
of stars of the movie world. He was
entertained in the elegant Ambassador
hotel and was carried over the city in
Rolls-Royce and Cadillac cars, said La
mar.
Meets Many Stars.
Screenland Magazine, with the co
opéra don of James Cagney, had offered
a free trip to Hollywood in a contest
which Lamar won. Of course he there
fore met Cagney and James M. Fidler,
western representative of the magazine,
and was entertained much of the time
by them. A few of the other stars La
mar enjoyed meeting were Frank Me
Hugh, Hugh Herbert and Edward G.
Robinson^ with whom he had lunch
the first day. He also met Ruby Keeler
and Joan
working on a new picture. Another star
to cross his horizon and help entertain
him was Gloria Fayth, high stepper in
"Footlight Parade," soon to be released.
Others whom Lamar met were, Bette
Davis, Eddie Robinson and Kay Fran
Blondell, and saw
them
CIS
Lamar said he had always had
great admiration for J6an Crawford,
whom he met on the trip, being taken
to her home. He was entertained by
Miss Crawford at luncheon in her love
ly home with no other guests present.
On a later day, when Lamar was bid
ding his friends goodbye on his de
parture for home, Miss Crawford took
Lamar much by surprise by kissing
him farewell. At this point in his talk, I
Lamar remarked the kiss took him so
by surprise that he feared his response
was somewhat lacking but said that
if Joan had only repeated the gesture
he would have showed her his tech
nque was not so bad. He also met
and visited with Mary Pickford, Amer
ica's sweetheart, and also had a very
pleasant chat with Jean Harlow, who
showed him the note her late husband
left prior to his suicide and told him
she would never marry again. Soon
after leaving Hollywood, Lamar said he
noticed in the papers where Miss Har
low had married her cameraman, who
only draws $40 « week. He at
wrote her a letter chiding her
throwing him down.
Lamar spoke in highly complimentary
terms of the many people he met and
of the gracious entertainment accorded
him Mr.
once
for
and others. At the
conclusion of his talk, he passed around
number of large photos taken of
himself and various stars.
In the October number of Screenland,
there appears an article by Lamar
titled "Thanks, Screenland, Thanks.
Cagney," an article that relates inter
est ingly the thrills of his visit to Hol
lywood. It is profusely illustrated with
oictures of Lamar and the various stars
he met.
a
en
Tells of Naval Matters.
Lieutenant Berkeley told in an in
formal way of life in the naw and de
scribed much of interest in this highly
important branch of our national de
fense. Lieutenant Berkeley said that
at present the U. S. Navy is only
about 75 per cent manned and that with
so small a compliment of officers and
men it is very difficult to keep the
service and shins up to the high stan
dard required. Recently the Lieutenant
has been assigned to service on the
Lexington, an airplane carrier, and he
told in considerable detail the
ner in which planes land and leave
the ship. As a usual practice, the planes
are kept in hangars below decks, being
moved up and down by elevators. De
movement of the planes has been per
fected to such an extent, said Lieu
tenant Berkeley, that the first plane
can be moved from its hangar below
deck onto the deek and launched with
jn two minutes after the order is given.
After the first one is off, planes will
follow at intervals of eight seconds,
with the precision of clockwork, said
the Lieutenant. He described how a
scouting plane upon returning to its
ship must give some prearranged sig
nal to disclose its identity .before
nroaching the shin, and also told
the system worked out for their safe
landing.
man
ap
of
tv •*. ... .
Describes Mimic Battle.
Lieutenant Berkeley spoke interest
jngly of the mimic naval warfare con
ducted off our west coast in practice
maneuvers and in which he has taken
part H» said it was a beautiful sight
when the "enemy" ships are located
(Con.ta.jl «n p,,. S)
ELK AND DEER SEASON
WILL SOON BE OPEN;
„....„..„..Favor
lay plans for elk and deer hunting.
St No^Ä e Ä f i 7 in?Ä
Depu., Game Warden Dorrington
says he ^ receivmg many inquiries re
garding the law. He says elk hunters
in this county usually go into Flathead
SÏKÏ Ä&td
is closeA. eût hunting as follow.: TW
westerly oortion bounded on the east as
folkto: Beginning at the point of in
Ä n uni^ÄSÄ o<
' Flathead lake> to the mouth of Fkt_
head river; thence northerly along the
Flathead river to the intersection of the
North Fork of the Flathead river with
the same, thence northerly along the
North Fork of the Flathead river to the
Canadian boundary.
In Sanders county the open season on
elk is for three days, November 13, 14,
15, 1933, in the entire county.
The killing of deer in Lincoln county
must be confined to bucks, "with horns
not less than four inches in length
above the top of the skull,'' says a bul
letin sent out by the game commission.
Billy Farris, who has been in charge
of the C.C.C. boys who have been
working on an airport at Libby, reports
that the undertaking is nearing com
pletion. When finished the runway will,
be 400x2800 feet, said Farris. The clear
ing is nearly completed and the level
ing will soon be done. It is thought
the tract may be seeded, for the for
mation of a sod. About three more weeks
will finish the undertaking, said Far
WORK ON AIRPORT
IS NEARING COMPLETION
ris.
Perfecting Plans
For Additional
Work in Forest
)
Supervisor Webb Says About 60 Men
1
Will Be Employed When Activity
Is At Its Peak.
Because of the recent rainy weather
forest work under the recent $36,000
allotment has not been pushed, stated
Supervisor C. S. Webb when ques
tioned this week. A few projects have
already been selected, he said. These
ludii.^ponstruction of another lepk
; towér in the Rexford district the
me
«Tout
district. However, because of the late
ness °I die season work on these will
Probably not be started until rjext
s P rin .g
Thirty men have alreadv been select
ed lo . r crews, stated Mr. Webb, and
will probably be employed when the
work is ^ ull Y under way. These men
must ^> e selected from unemployed
lists and their selection has been slowed
up considerably because the National
Re-employment bureau had not been
a ^J e lo sel U P its organization here
prior to R 1 * 5 week,
reconstruction of the Libby-Rexford
telephone line andi a warehouse at
Warland. Several other projects will be
worked out by the end of the week,
stated Mr. Webb.
A new ranger house will be built
at the Cabinet ranger station in the
Troy district and a new one on a site
to be chosen later in the Fisher river
ORGANIZING FOR
ENROLLING ALL UNEMPLOYED
H. Firebaugh of the Helena office of
the National Re-employment Bureau,
was in Libby Monday setting up
organization for the enrolling of all
an
unemployed in Lincoln county. Dis
will be handled with the aid of the
county relief committee. Paul Church
will have charge of the enrolling in
the Libby district, Les Kensler in the
Troy district and Marshall Murray in
the Eureka district. All unemployed
persons in the county should call
one of these men and list their
on
names.
DIRECTORY SHOWS LIBBY
BANK IN ENVIABLE POSITION
The July, 1933, edition of the Rand
McNally Bankers' Directory contains
some interesting information regarding
the banks of Montana, and it shows
the First State Bank of Libby occupy
ing a very enviable position. According
to the directory, 133 banks are op
erating on an unrestricted basis in Mon
tana. De First State Bank of Libby
ranks 39th in total deposits. Of the 133
banks, 87
T -
, ~Y ' ans treated to two
^ oot ' 3 all games Saturday when teams
' rom Columbia Falls and Troy will
Wangle with local elevens. Dere_
tv f° scheduled games against the
Libby .nigh school team to be played
here 11113 fal] -
are state banks and Libby
ranks eighteenth. Only 24 other cities
have banks with larger deposits, and
18 of these have greater populations
than Libby, the other six being ih
fanning and stock raising country and
drawing from large surrounding ter
ritories.
TWO FOOTBALL GAMES
SATURDAY FOR LIBBY FANS
are
STATE RELIEF WORK
WILL STOP OCTOBER 31
t* . ..
* E ' V. f i e,d man for 1116 Mon -
tana State Relief Commission, was in
L! ^ by and info ™ied the Lin
f rou ,! lt . v committee that federal and
«f l,ef , work , wl!1 CPas * after Oc
t0b ! r 31, UnJess other arrangements are
made in the nieantime. Local commit
tws ar e to lay their plans so as to
d,«™,in u . .1, relief af.er October 31.
High
_ . —^ ,
I jtlf KAfftf At
i-Ult RUUM, Al
f/^i « € P« ff«
If AAT Oft ^ f M^l ||\
AWlUldl rAID
-
. _
Agreement Is Reached
Build Highway Near
Present Location.
MONEY FROM
FEDERAL SOURCE]
Judging from information that has
reached Supervisor C. S. Webb of the
Kootenai national forest, coupled with
a Washington, D. C., news story ap
pearing in Saturday's papers, it is prac
tically assured that an appropriation
for the Kootenai Falls highway project
will soon be forthcoming. The Wash
ington story tells of an 11-mile stretch
that is to be built and says money for
it is to come from the public works
administration and the bureau of pub
lie works.
Supervisor Webb is in receipt of in
formation from the regional office at
Missoula that throws much light
present plans. According to Mr. Webb,
that information is to the effect that the
state highway commission, the bureau
of public roads and the forest service
have all agreed on a program for con
struction of the Kootenai Falls project,
That program includes a high line lo
on
cation for the highway provided it can
bo built so as not to cost more than
a reasoaoble amount more than the
low-line location. And it is said that
reasonable amount is placed at $50,000.
Hcnçe they will agree on the highline
location if its cost does not exceed
$50,000 more than the low line highway.
Accordingly, all three departments
I have recommended to Washington of
I ficials that funds be transferred ,from
the Kootenai Falls to the Yaak hill;
project contingent upon the state being
able to finance construction of
Kootenai Falls project from federal aid
funds, and it is believed there is no
doubt they* state can secure transfer
of sufficient funds from NIRA to the
Federal aid account for the construction
of the falls project. If this program is
approved by Washington, the state will
at once undertake survey of the high
line location preparatory to submitting
plans for the buuKau's final approval
t)f the highline location.
So much of the engineering work
on. the Yaak hill project has already
been done that It is said bids
soon be called for construction of that
project. _ '
Thus it appears that instead of the
one project at Kootenai Falls costing
$160,000, prospects are very bright for
a $160,000 project on the Yaak hill and
another project at Kootenai Falls not
to cost in excess of $210,000.
the
can
RESPECTED MATRON
ANSWERS LAST CALL
Mrs. Ida May Dickinson, wife of Nor
man S. Dickinson, passed away at their
ranch home on Fisher river last Fri
day morning, after ill health of some
time. Simple funeral services were held
from the Gompf chapel Sunday after
noon, Mrs. John Peay reading a scrip
ture passage and Mrs. J. K. Dwinelle
singing a hymn. De body was shipped
to Spokane for cremation, accompanied
by the husband and a daughter of the
deceased, Mrs. Kay Campbell of Trail,
B, C.
Mrs. Dickinson was born in Sparta,
Wis. She had Jived with Mr. Dickinson
on their ranch south of Libby for 11
years and during that time had won
for herself many warm friends both in
the neighbohood and in Libbv. She is
survived by the husband and four
children by former marriages, Rex.
Farrell, residing here; two other sons.
Chas. R. Farrell and Harry Hall, east
ern Montana ranchers, and Mrs. Camp
bell. All were present at the funeral.
Also surviving is a nephew, Domas
Farrell, living here.
YOUNG COUPLE KEEP WEDDING
SECRET FOR FIVE MONTHS
Libby friends received cards this
week announcing the marriage, on
April 22, in Libby, of Miss Virginia
Marie Joughin to Mr. John Dunwoody
Bousfield, formerly of Grays Harbor,
Wash. As the date of the marriage will
indicate, the wedding was kept a com
plete secret although it was performed
in Libby by the Rev. R. V. Crater,
the above date.
Te bride is the daughter of Mrs. Ned
Joughin of this city. She is a graduate
of the Libby high school and finished
her college education at New York
university. She grew to womanhood
here and is popular with a wide circle
of the younger set.
The groom is a graduate of Stanford
university and is now engaged with
his father and uncle in a wood working
manufacturing plant, specializing in
kegs and similar wooden containers.
Dey have a large plant at Grays Har
bor, one in Minneapolis and are open
ing an assembling plant at Mason Citv.
Iowa, where Mr. and Mrs. Bousfield
have been living since leaving Libby
last soring.' Numerous friends here and
elsewhere will come forward with de
layed congratulations and best wishes
for this popular young couple.
on
U .
Hostess to Entre Nous Club
Tuesday night the members of the
p tFe N °us Bridge club gathered at the.L
hon ?® of Mrs, W. N. Curtis for an en
I£ yab,( l even 'ng at the card tables. Mrs.
f 1, L 80 carried a wav hi eh score
MRL N !' k the » n '
S!ßZ
Three Are Guilty; Now In PenitenfiaryiTells
'.""Thh'
taLSÄ
j in the state penitentiary at Deer Lodge
i Each of the three was sentenced to one
I year in. the penitentiary.
Î d wi,h ft" 8
| ÄÄ« taÄtTÄ
: Hisfriot r »k- i_ .
TOjtook it back to the Indian so it ar \s
gy B - F ^ -s attorney for
j Fred Nelson and George Cry.derman
I of Spokane were the two who stole a
quantity of metal from the Snowstorm
mine at Troy two weeks ago. These
Eureka News
L. C. H, S. NEWS
L. C. H. S. Defeats Columbia Falls
Coach Mellinger's football team de
feated the Columbia Falls team last
Friday on the home field by a score
of 2 to 0. At the end of the final per
iod the score was 0 to 0, so the tie
was played off by the California sys
tem which gives each team five plays
and the team making the most yardage
wins.
game was played in a driving
rainstorm with a little snow mixed in.
^ ue t " e condition of the field and
a wel " eav Y very few passes were
bom teams using straight foot
Eureka s goal was never really
threatened but the Falls' goal
da i^ er tw i ce -
was in
*be outstanding players for Eureka
"Uf' J-'Undin and Jess Bolen
while Wuhe Smith and Donald Purdy
a ? exce " en t defensive game,
, e j 1 *®;,? lea Pl cons > s ied of: Jess Bo
, en , a Ej Albert McRae, ends; Ed Arnold
a , Charles Marsh, tackles; Jack Ar
!? r ° " anc * *^ us Soderling, guards; Alrec
Harvey, center; Ward Lundin, Willis
^mth, 8onald Purdv, and Oliver Ro
0 ,° a £r s „. te . E° r >JP substituted at
The officials of the game were
I "J urr ay and Lewis Fetterly.
The Freshman class sold
popcorn at
the football game Friday to obtain
money for their picture which they
present as a gift to the school.
The L. C. H, S, football squad plays
Whitefish, Saturday, September 30, at
Whitefish.
A week from this Saturday, October
7, the boys will meet Libby on the
local field with the promise of a real
football game. This is the last home
game of the season. The student body
would appreciate the support of the
public for this game as the returns
of this game will determine whether
not future games will be played on
the local field. Don't forget the date
October 7, on the L, C. H. S. athletic
field.
or
O. E. S. Circle Have Large Parly
Mrs Matt Griffiths furnished the
lunch for a 15 table card party, which
was sponsored by Eastern Star mem
bers. The members furnished the ta
bles lunch cloths and cards and in
vited as many guests as they wished.
Mrs. Griffith had full charge of the
prizes De party was held at the Mon
tana club room September 21. Marshall
Murray won a very lovely high
prize for the men, Mrs. L. Fetterly
was presented with a beautiful cake
ladies 8 P V V Kr a i high / c ? re for the
r.Tu -II V- Kimke and Mrs. J. R.
ouhmiller were pleased with their low
score when they received their prizes.
£"* lh7£ly a Srly Pre " y
score
Eureka Woman's Club News
A ,[ eCe Pi ion for the teachers was held
at the Montana club room Tuesday
evening, Sept. 26. A buffet
supper was
served at 7:30, '
After the
spent at
supper, the evening was
wnn cards. Mrs. Jewell Thomas
won a very pretty compact as high
FhiU "ic orches
a, with Miss Eva Rhodes at the
piano, furnished the music for the eve
ning.
The Club program for the year will
b 1 r Eï b Jï b f d î s soon " » is completed.
ti™ ÄS 1 " 8 10 giVe *
OPERETTA
The Chinese operetta, "Feast of the
Little Lanterns," will be presented by
the Lincoln County High School Tues
day night for the C.C.C.'s. and Wed
nesday night at 8 o'clock for the
eral public. Dis feature, under the
direction of Miss Grace Sweesy, has the
tojlowmg cast:
Princess Chan, a Chinese Heiress
,, ■ „ ,. Ruth Wolff.
wiai Ku, Japanese Juggler Maid
w t ■ .. . Georgia Spaulding.
Wee Ling, Maid to Princess Lois Rice.
Uw Long, Governess to Princess
™ Helen McCullough.
The Chorus of Chinese Girls—Pearl
ike, Bernice Zeller, Joyce Filiatreau,
Mary Ami Durman, Cyrilla Hurst, El
mse Wetzel, Clara Belle Knott, Milli
cont Lyons, Enid Buhmiller, Eva So
derling, Elizabeth D
gen
. „ ,. . nompson, Esther
Ann Madden, Jeanne Schuck, Eloise
Brown, Flora Belle Robertsen, Annie
nu n : 'Cook, Nettie French,
Phyllis Knapp, Patricia Gibbons, Ella
Teel.
Eureka Locals
Y» Fast ,?? alrorL3 will meet with Mrs.
Victor Wolff at Fortifie, September 29,
for a covered dish dinner at 7:30. De
? ve ,P in 8 will be spent at cards. Mrs.
W. Fetterly is an invited guest,
Mrs. W. S. Gibbons, Mrs. P. V. Mor
mon. Mrs, M, E. Scott and Mrs. J,
Broderick motored to Poison Saturday
a° atUtnd T the distict meeting of the
"(ÂÆ'S « "
two defendants waived right of attor
ney.
The case against Doyle Stacy was
dismissed. He was charged with being
implicated in the Carl Stacy affair.
H. C. Bolyard was given a default
judgment against the Tip Top Mining
company in the sum of $5,000.00. This
sum was made up of a number
claims against the company held by
ious people, including attorneys' fees.
Blackford & Blackford were attorneys
for the plaintiff.
Judge J. E. Rockwood was the presid
ing judge. He will be in Libby on
October 10, when court will again be
held.
01
var
NO INFORMATION AVAILABLE
FOR C. C. C. RE-ENLISTMENTS
Numerous inquiries are coming in to
Paul Church, secretary of the Lincoln
countv relief committee, asking in
formation regarding enlisting in the C.
C. C, for winter work. For the in
formation of the public it can be said
that neither the relief committee, the
forest service nor any other local or
ganization hag any information regard
ing this matter at the present time.
Miss Satekln Entertains
Miss Inez Ratekin was hostess at a
delightful farewell party Friday night
given in honor of Miss Catherine Orr,
who was leaving to attend college. The
affair was a handkerchief shower for
the guest of honor. Social games were
played, with the prize won by Miss
Beatrice Larson. Dainty refreshments
were served.
Two Clever
Boxers Go Four
Rounds To a Draw
Die main event in the boxing pro
gram staged in Libby Friday night was!
declared a draw after Mickey Yale and
the Dixie Kid had treated the fans to
four rounds of clever boxing. Yale, a
white boy from the Rexford C.C.C
camp, weighed in Friday afternoon at
149 pounds and the Dixie Kid, a col
ored the Yaak cat
scad« at 196. Both boys naa per
iod before Libby fans before, al
Main Event on Friday's Card Showed
Speed and Fast Work—Heavy
weights Were Active.
left. It would dart out with the swift
ness and precision of a striking snake,
constantly landing on the white boy's
face.
In the second round Yale succeeded
in landing one of his stiff jolts to the
side of the Kid's head, and the Kid's
knees started to buckle beneath him.
Sensing his advantage, Yale waded in
with a barrage of rights and left thrown
at the Dixie Kid with all the force and
speed he had. The Kid,
the
form
thogh not as opponents. Yale had
showed himself to be a hard hitting,
aggressive fighter with a nasty wallop.
The Kid was fast and clever and was
advertised as junior lightweight cham
pion of south Jersey.
In the first round Friday night both
boys were content to feel each other
out, not taking any chances, although
the Kid kept constantly circling Yale
and shooting left jabs to Yale's face.
De Kid was extremely fast with his
however,
showed ring exoerience and skill by
covering up and blocking, and was able
to weather the storm until the bell
saved him.
De Kid became a little more aggres
sive in. the third round and began to
crowd Yale, meeting Yale at his
game, both boys fighting gamely.
De fourth
rang. De second round
was easily Yale's, when he sagged the
colored bov's knees with the stiff jolt
to the head. De third round could
said to be a draw, but the Kid was
Dlamlv stronger and more aggressive
than the white boy in the fourth go,
j e * b° u t was between Jacoues
and Armstrong, two 135 pound white
boys from camo 17. McGovern was
to have faced Armstrong but cut his
foot with an axe and Jacques was sub
stituted. Both boys were willing fight
ets and kept boring in. De boys went
two 2-minute rounds and the judges
said it was a darw.
De second bout was between James
Perry. 130 pounds, from camp 20, and
• ohn Davis, 134 pounds, from camp 18.
Perry had Davis down in the second
round for a count of five and Davis
stumbled and fell in the third, but was
?° on ^ eet a g ai n- Both are colored
bovs, Die judges gave Perry the de
cision.
Two heavyweights took the ring in
the third battle— Domas Hall, 183
oounds. and James Rand, 187 pounds,
both colored. Rand led somewhat in the
fust round, but it was a fast, hard slui
cing battle. Dp seend go was slow, both
bovs loafing along. De third act was
a little faster, while the fourth wit
nessed some hard slûgging with Hand
slamming repeated heavy jolts to Hull's
midsoction. which d'dn't seem to both
er Hull whatever. Hull won the deci
sion.
own
round, however, was
easily the Kid's. Yale began to tire and
evidently was fast weakening under the
Kid's attacks.
De bout was declared a draw by
the judges and was a fair enough de
cision. To the reporter at the ringside,
it looked as though the first round was
about even with a shade the better of
it going tq the Kid. He led the fighting
and had Yale's nose slightly blooded
when the bell
Al Baumgart again acted in the ca
pacitv of announcer. Cantain DeMerritt
»s referee while E. W. Ovlear and Mr,
Svdnes officiated
sired audience was in attendance, not
so large as for the two former cards.
as judge« A fair
What
jLoaoCompaoy
Is Considering
Article Explains In Detail
Plans for Reorganization
of Corporation.
ALL ARE OPPOSED
TO LIQUIDATION
Recent information from Salt T-alr*
City is to the effect that a plan for
reorganization of the Western Loan
and Building company is about ready
to be submitted to stockholders and in
vestors and it is probable such plan
may be mailed out at any time.
Recently the Salt Lake Tribune
tained a long article regarding what
is being done for the rehabilitation of
this company. Although the article was
published some time ago, it is reprinted
below because it will be of interest to
a large number of investors in the com
pany living in these parts. The Trib
une article follows:
John A, Malia, Utah state bank
missioner in charge of the centralized
conservatorship of the Western Loan
& Building company for the
building and loan departments
Washington, Oregon, Utah, Califor nia,
con
corn
state
of
Idaho, Nevada, Montana and Wyoming,
appointed Tuesday a commission, rep
resentative of all interests, to complete
a plan of reorganization.
The
commission, representing the
temporary stockholders' committee, the
Utah state banking department, the di
rectors of the company and the bank
ing or building and loan departments
of the other western states, was in
structed to complete a plan of reorgan
ization within two weeks. Under the
building and loan law, the reorganiza
tion plan, when complete in all details,
will be subject to approval and adop
tion by the directors of the company
and will be subject to approval by the
state officials before presentation to the
stockholders for acceptance. I
Commissioner Malia and those in
charge of completing the plan hope
to make the reorganization plan effec
five by or before the end of the
year.
M — nbrri listed
Uniting in f -iicement that expeditious
reorganization of the company will beat
serve the interests of the 25,901 stock
holders of the $25,000,000 company,
Commissioner Malia's authorization to
the commission to complete a plan of
reorganization was approved at a meet
ing Tuesday afternoon of the Utah
banking department representatives,
the directors of the company and mem
bers of the temporary
committee.
Members of the commission appoint
ed by Commissioner Mafia to work out
the complete plan of reorganization
H. L. Mulliner, attorney for C
stockholders'
X« ,1, - are:
Mulliner, attorney for Com
missioner Malia as conservator, rep
resenting the Utah banking department;
Paul H. Ray, Salt Lake attorney, rep
resenting the temporary stockholders'
committee; R. W. Bailey, chief
of the Montana banking department,
representing the banking or building
and loan departments of the
western states, and W, W. Ray, Salt
Lake attorney, representing the direc
tors of the Western Loan & Building
company,
examin
er
other
Cooperation Assured
De commission was authorized to
call upon investment stockholders, state
officials or directors of the company
for suggestions, advice or information
in completing a plan of reorganization.
Commissioner Malia announced that he
will receive any matured or completed
plan of reorganization for transmittal
to the commission.
De skeleton plan of reorganization,
prepared by the temporary stockhold
ers' committee and accepted as its own
plan by the directorate of the company,
was submitted to Commissioner Malia
and Examiner Bailey of the Montana
| department September 2, During the
i P ast week the plan was submitted to
I Friend \y, Richardson,
building and loan commissioner, by
! Commissioner Malia, Mr. Mulliner sub
j fitted the plan to Judge John H. Car
j e M> Oregon corporation commissioner;
| Oscar .Pederson, Oregon building and
! * oan supervisor; Ben Diefendorf, Idaho
commissioner of finance, and John W.
Allen, Washington's building and loan
commissioner.
Commissioner Malia and Mr. Mulliner
reported that state officials of all states
favor reorganization of the
C a 1 i f o r nia
company,
and that all states are willing to co
operate. De state officials have
pressed their willingness to meet on call
of the Utah commissioner to consider
the approving of a complete plan of
organization just as soon as the plan is
submitted, it was reported.
ex
re
Receivership Opposed
Commissioner Malia and Mr. Mullin
er reported further that the state of
ficials have agreed to continue the con
servatorship of the company, without
attempt at liquidation of the assets, un
til a plan of reorganization is perfected,
and to oppose attempts to liquidate the
company's assets through any form of
receivership. Mr. Mulliner announced
that the action now before the United
States district court of Los Angeles,
which seeks appointment of a federal
receivership, will be contested.
De state officials have also declared
they will favor any workable plan of
reorganization which will give equality
to all investors, po matter where res
ident, the Utah banking department of
ficials reported. Legal advisers of all
(continued on page 5)