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Show & Friday, March 1, 1940 UTAH VALLEY NEWS Year Rook Gappmayer Funeral For Lincoln High Service Held Under Way At Timpanogos News Utah Valley mr PaMIs4 T Kartk M Wt Utah. Ufa h AU W hr TtHmj VALLIT UTAH ca PUBLISHING DiU 1 Ul. It, 1WT DU M at sMss at FREE ENTERPRIZE "The American Pattern of Free Enterprize bo much talked about by biff executive, such as our own Dr. Adam S. Bennion, asssitant to the president of the Utah Power and Light Company, is a subject worthy of the consideration of every citizen. We believe it is the duty of every intelligent citizen to hear what Dr. Bennion and other speakers have to say, but afterwards to "think fur themselves on the issues involved. The American pattern, as designed in the beginning of this country, did not envision the present idle men seeking employment, with billions of idle money lying in the banks. Something is evidently wrong. Maybe after all it is not the American Pattern but the "Free Enterprise end of the slogan which needs inspecting. The question is; "What is enterprise free to do? Take the Life Insurance business, for example, and there are plenty of other examples which might be cited. This country has 306 life insurance companies operating, but the 26 largest of them own more than 87 per cent of the total $28,000,000,000 assets, and of the or 26 companies, five of them own $14,000,000,000 exactly half of the total assets: Metropolitan, Prudential, New York Life, Equitable, and Mutual of New York. Now we are not opposing life insurance. We believe in it just as we do in electric power, and railroads, and radio, but we believe the figures just cited need study. Let us look at them as they are unveiled by the O'Mahoney committee hearings in Washington investigating the life insurance business in this country. The record shows that these 26 large companies, 0 during the period from 1929 to 1938 took in 0, and paid out for all purposes a total of thus retaining for themselves $10,685,000,000 or 25 per cent of each $1 they took in, and hence increasing their wealth by more than $1,000,000,000 a year. Now our life insurance friends praise the strength of their respective companies, and rightly so, for we all want "adequate protection under our policies. The record shows, however, that the policy holders of these 26 companies received, in dividends, surrender values, 0 and payments to their beneficiaries, a total of or just 54 per cent of the total these companies took in from their policy holders. In other words, the policy holders of these companies, from whom all the money comes, whether it be premiums or investments, received back slightly more than 50 cents on the dollar which they put into life insurance. But there is another angle for every citizen to study carefully, whether he be a policy holder or not. The matter of how much money I get back from the company is my own business, you say, but the manner in which the other half of my money is handled is everybodys business. Evidence at the OMahoney hearing showed the life insurance companies own 14 per cent of all "private, bonds in this country, including 18 per cent of all railroad bands. The investment record of these companies also shows they are getting control of industrial corporations, and that even farm ownership is passing into the hands of the insurance companies to such an extent that much of the "farm relief agitation is being spurred on by them, and that farm relief appropriations are benefit-tin- g these big insurance company holdings more than the farmers themselves. . The Monopoly committees hearings are open to the public. We do not vouch far the truth of what is being said, but we do urge that it is public business, and that if democracy is to survive then more and more must the citizenship of this country become interested in just such things as "The American Pattern of Free $42,679,-000,00- $32,094,-000,00- $23,000-000,00- SHARON I rk J real-'Gam- 1 I "Utah farmers borrowed over 97,111,009 of commissioner funds during the past six years, and EXTENDED TO while this Is a little over one-haof the total loans made to Utah farmers through the land hank. It Importance to farmers of this was a vital factor, since otherwise state of the bill recently passed It would have been Impossible to by Congress and signed by the have helped them." President, extending the period lf one-fift- AN ORDINANCE AMENDING AN ORDINANCE ANNEXING CERTAIN TERRITORY AND EXTENDING THE CORPORATE LIMIT8 OF PROVCt CITY. UTAH. PASSED BY THE BOARD OF COMMISSIONERS OF PROVO CITY. UTAH, ON NOVEMBER 0, 1919, THE TERRITORY SO ANNEXED BEING DESIGNATED AS CARTERVILLE ADDITION. the Board of WHEREAS, Commissioners of Provo City, Utah on the Sth day of November, 1999, duly passed an Ordinance annexing certain territory and extending the corporate limits of said City to Include within, and make a part of said City what was designated .In said Ordinance "CARTERVILLE ADDITION", and a map or plat ot said annexed territory, together with a certified copy of said Ordinance were duly filed In the office of tbs County Recorder of Utah County, Utah and WHEREAS, on the 10th day of of October, 1989, the Trustees the Town of Orem passed an Ordinance annexing or attempting to annex to the Town of Orem the territory described therein, said addition or annexation being designated In said Ordinance as ADD"CARTERVILLE the ITION. and WHEREAS, part of the territory described In the said Ordln ance passed by the Trustees of the Town of Orem was also described In the said Ordinance passed by the Board of Commissioners of Provo City, and ra d Ordinances ver'ed! to'so'me exlJutTthe same and identical property, and WHEREAS, due to the attempt of the Town of Orem and the City of Provo to annex, to a certain extent, the same and Identical territory, serious dlaputes have arlaen between enld municipalities and various private parties and cltlxene interested In the overlapping arena, which have disrupted and threaten to continue to disrupt the peace and order of said communities, and WHEREAS, it la deemed to bo In the interest of the public welfare and the peace and order of said communities and all concerned that such conflicts and dteputi be avoided, and that tha boundary line of tho said "CARTERVILLE ADDITION" bo changed so as not to Include therein any lands or territory described In that certain Ordinance passed by the Board of Trustees of tha Town of Orem on the Sth day of February, 1940, which said Ordinance amended the Ordinance passed by the Board of Trustees of tha Town of Orem on tho 10th day of October. 1080. NOW. THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF PROVO CITY, UTAH: That the Ordinance extending the corporate limits of Provo City, Smith Wilson Judd Olsen - Proper Ilair Shaping. BOTH FEATURED at Mr. and Mrs. Moroni Olson announce tha marriage of their daughter, Della, to Kenneth Jndd of Los Angeles, Saturday, Feb. 84th. The young couple were married by the Bishop of Los Angeles. They will make their home In California. Dunfords to-w- it: Commencing 20.00 chalneNorth 81 15' Eut from tho North- In tha matter of tho estate of Robort Wallace Dangsr-fleld-, deceased, 196 W. Phone MO Creditors will - present clalma with vouchers to tho undersigned at 94 North let East 8 treat. Miscellaneous Begins March 1st XWL-EE- Z J A1 9119V SNOI Contest $2,300 in Prizes UST GIVEN AWAY! No Purchase Necessary! See Ladies Shoe Department Taylor Bros. Co. WANT TO CONTACT responsible person to take over contract on mall aplnaet piano In this vicinity. Beautiful Bnr walnut case with bench to match a considerable amount has been paid on this account. Jut continue balance In email - Write: j monthly payments. W.W. FORBISH, Factory credit 8UMMERHAYS Mule! Mgr. Company, 17 West let South Balt Lake City, Utah. 8M1 ! As described in LIFE March 1st Issue EXCLUSIVE AT TAYLOR BROS. CO. The Department Store of Provo west Corner of the Southwest Quarter of tho Southwest Quarter of Section 85, Township f South, Range 8 Eaet of tho Salt Lake Bass and Meridian; i thence Eut 20.29 chains; thence South 10.71 chains; thence Eaet 1.47 chains; thence South 9 14' Eut 1.02 chaiu; thenco South 12 25' Eut 1.28 chaiu; thenco South 18 10' West C.07 chaiu; thence South 35.00 chaiu; thenco SECTION 8. That the habitants within tha disputed j County, State of Utah, do hereby territory sought to be annexed by certify that as such official I have said municipalities, and to enabla tho custody of the records and Provo City to provide necessary file of the proceedings of the culinary water to the inhabitants Board of Commissioners of said within the territory hereby an- City; that the above and going is a full, true and correct nexed, and to provide said habitants with police and fire eopy of an Ordinance passed by protection, all of which are neces- the Board of Commissioners of sary to tho peace, comfort, and aid City on tha 80th day of g of such Inhabitants. February, A. D. 1940, entitled; IT IS. THEREFORE, HEREBY "AN ORDINANCE AMENDING ANNEXING ORDAINED: That this Ordinance AN ORDINANCE AND TERRITORY shell take effect Immediately CERTAIN upon It passage and publication. EXTENDING THE CORPORATE PA88ED BY THE BOARD OF LIMITS OF PROVO CITY, UTAH. COMMISSIONERS OF PASSED BY THE BOARD OF CITY OF PROVO PROVO CITY. UTAH. THIS 88th COM MI88IONERS CITY, UTAH, ON NOVEMBER I. DAT OF FEBRUARY, 1540. MARK ANDERSON 1989, THE TERRITORY SO ANwell-bein- NEXED BEING DESIGNATED ADDITION." AS CARTERVILLE IN WITNESS WHEREOF, I I. G. BENCH have hereunto eet my hanil and City Recorder affixed the rorporxte seal of said STATE OF UTAH City, this 8 Sth day of February, A. D. 1940. COUNTY OF UTAH I. G. BENCH I. I. G. BENCH, the duly City Recorder, Provo City, Utah. chosen, qualified and acting City (8EAL) Publication date: Mar. 1, 1040. Recorder of Provo City, Utah Mayor. Attest: NEW LOW PRICE 0N- -- Petroleum Carbon said addition to Provo City, Utah, shall be designated and known as "CARTERVILLE ADDITION. SECTION 3. That a certified copy of this Ordinance, together with a copy of the map or plat of the above described property duly certified, acknowledged and: approved shall be forthwith filed In the office of tha County Recorder of Utah County, Utah. SECTION 4. That In the opinion of the Board of Commissioners of Provo City, Utah, It la necessary for the Immediate preservation of tha peace, health, and safety of the City of ' Provo, Utah, and ita Inhabitants that this Amended Ordinance take effect upon its passage end publication. The reason for such necessity being the allaying and termination of serlona disputes and litigation between the Town of Orem and the City of Provo and tha In-- ! The Wander Fuel MORE HEAT a NO ASHES 33&Z NO SMOKE BURN IT IN YOUR PRESENT FURNACE ' Utah Timber & Coal Go. 164 West 5 North PHONE 232 WANTED TO BUY: Up to Ten head of good, fresh Write Jersey Milk Cows. James H. Wight, Draper, Utah, or phone IS for further inform-- ! but, kitchen range. Floor coverings. furnished. IIS Eut 7 North. TERMS. Modern Improvements. Brick Good 1-- ground 94750.00. ! Prows and Haws Realty Company Live Poultry Abo Rabbits Highest Cash Prices PHONE 050J4 08 North University Avenue Provo, Utah ! J ... blinds for 10 SALE ITEM... A NOT days only. National maka only ona quality made-to-ord- er Free Estimate. the finest; Phono early. Our raprasontativo will mako tha earliest possible appointment to inspect your homo MMmnwh 12 Sq. Ft. Modern Brick Homo WE HAVE SOME RENTALS WANTED: Vonotlan Blind Company ha agreed to lot im mako a spocial priea reduction on thoir regular H.A. North and West on Hlway 01 ation. EXCITING NEWSI Tho Notional INVESTMENT 15500.00, ' FOR IVI1Y TYM WINDOW Ol DOOR ONLY 39 It SO. FT. e0 at for Details West 4.90 chains; thence South 88 West 4.90 chains; thence West 1.00 chain; thence South 92 West 0.09 chains; thence North 49 SO' West 84.99 chains; thence South 24 89' Weet 11.10 thence Bouth 8.17 chains; chains; thence North 90 West 8.40 chains; thence North 84 East 0.60 chains; thence North 40 41' Weet 1.44 chains; thence North 1.99 chains ; thence North 85 East 0.90 chains; thence North IS SO' West 4.57 chains; thence North 84 SO West 9.85 chains; thence North 1.50 chains more or less to tho Center line of tha State Highway; thenee North 41 Weet 82.17 ehelna along said Center Line; thence 15' East 8.01 North 58 chains to tho North side of Union the West Canal; thence North 47 49' Eaet 10.18 chains; thence North 4.80 chnlne; thence North S3 58' East 5.11 chains; thence North 10 04' East 5.85 chains; to the North side of the Weet Union Canal; thenco North 74 49' East 3.74 thence chains; North 89 15' East 5.84 chains; thence South 10.88 rhalne; thence North 89 15' East 13.33 chains to the East aide of the Cartervllle Road; thence North 10.50 chains along the East side of said Road to the place of beginning. Utah, and annexing thereto tho territory designated as "CARTERVILLE ADDITION, paaeed by tha Board of Commissioners of Provo City, Utah, on the Sth day of November, 1089, be. and the same la hereby amended as follows: SECTION 1. That the corporate limits of the City of Provo LEGAL NOTICES City bo, and tho same are hereby extended to include therein the Consult County Chit or the following described property, Respective Signers for Further which said property la hereby Information. annexed to Provo City, Utah, NOTICE TO CREDITORS lf J. OBDIKAXCE ' A Good Permanent can be made B e 1 1 e r by Utah on or before April mo. W. DAXGERFIELD, Administrator of said estate. Publication dates: Peb. tlrd, March 1st, Stb, 15tb, find. rimary imp. FARM LOAN DATE for making land bank commissioner loans to June 1. 1141, may be seen from some figures supplied by Charlea Parker, president of the Federal Land Bank of Berkeley. The authority to make commissioner loans would have ended February 1, 1949 If the law had not been enacted extending this authority. "From May 1, 1991 to January 1st of this year 9,991 Utah farmers obtained loans from land hank commissioner funds", Mr. Parker said. "A portion of these were straight commissioner loans and the rest were what we call Joint loans' that Is, loans In which the Federal land bank and the commissioner Join to make a loan to the farmer. In many cases It Is Impossible for the land bank alone to make a loan large enough to meet the farmers needs, because It js limited by law to making loans not exceeding one-hathe value of the farm together with h the Insured valne of the building. "This limitation la overcome when conditions warrant making part of tha loan through the commissioner, for such loans may be made up to 7f percent of the total value of the farm and buildings. zsth, The 140 "Rslleplitter Is well Well Attended funeral sendees la for Bertie Gappmayer vara held under way ae shown by the fact - that be final dummy sheets are Timm. In the 1.80 p. at Sunday under construction, panogoe ward chapel .with Ivern With Jena V. Hansen as editor Pyne of the ward Bishopric preall of work is progressing as rapidly as siding. The speakers, whom spoke In hlsbest terms of possible. Other staff members the character of Mr. Gappmayer are: Business Managers, Darrell were: W. J. Cordner, Mrs. Emms Haws, with J. Erval Christensen, advisor; Photography Stratton, S. H. Blake of the Stake faculty Delbert Loveless with presidency, A. E. Fauns, who was manager, faculty sponsor; Mr. Gappmsyer's bishop In Can- Carl Swenson, years ato, and Literary Editor: Edith Jonas, A. ada, thirty-fiv- e B. Taylor and Marjorie Wagers, Ivern Pyne. advisors. Musical numbers were furnish- faculty male quared by the TlmpanoBos tette, composed of James and Moroni Jensen, Dee Adams, and I Arthur Shepherd, who sang (DeLenna Bradshaw - reporter) Need Thee Every Hour'1 and "Oh, My Father, a vocal solo "In the Sheridan Cragun of Portland, Garden by Mrs. Sarah Ramsey Oregon, visited his parents, Mr. and a vocal duet "Beautiful and Mrs. H. J. Cragun, last wsek. Home" by Mr. and Mrs. Chester George W. Sldwell and R. D. Graff. Mrs. Melba Pyne was ac- Wells were the speakers at the companist for all musical num- Sunday evening services In the bers. Sharon ward. The ward choir, Prayers were offered by Julian j furnished the musical part of the Hansen and J. C. Jensen. The 'program. In the Provo City Burial Hasel Ferguson and Fern Fan-pai grave was dedicated by his son, set were hoetesses at a party at i the Ferguson home recently. Bishop Roy H. Gappmayer. I were played after which Mr. Gappmayer, a former dent of the Timpanogos ward died dainty refreshments were served, very suddenly at his home In Loe . Those In attendance were: JaRu Elvira Garrick, Fern Angeles Monday, February 19th. Rawlins, Hasel Ferguaon, Jack Services were also held in Cali- Jausett. Mr. Gappmayer Is sur- Fausett, Wallace Prestwick, Warfornia. vived by his widow, Mrs. Lillian ren Green, Dallas Green, Ivan Gappmayer and the following Pope, all of Orem, and George children: Roy, Reed and John Mason. Boyd Broadhead and Verl An enjoyMrs. LaPrlel Moss Broadhead of Heber. Gappmayer, and Mrs. Ella McTagua, all of able time was had by all. Tha ward choir will hold their Orem and Mrs. Marls Adams and Mrs. Helen Holgate of Los weekly practice Friday evening at 7:10 In the ward house. After the practice a social will be held, and all those who hsve been Invited to CARD OF THANKS Jom tbe tboir are cordially Invlt- We wish to express thanks and i ed to attend appreciation to our many neigh-- 1 bors and friends who assisted us'rp-I- n A 1 any way during our recent sorrow In the death of our father, HonOrS TCQChfFS Bartle Gappmayer. To those who spoke and furnished musle for The officers snd teachers uf the services, for ths beautiful ths Primary organisation met at for ears the flowers, transporta- the home of Mrs. Lurleen Lovetion, and any other expression of less Wednesday evening for their sympathy we are very grateful. regular preparation meeting and The Gappmayer Family. alto to honor four teachers who have recently been released. During the buelneea meeting plane were made for the spring Festival, attar which games ware Dean Smith, eon of Mrs. Janet played and dainty refreshment! Smith Humphrey, and Beth Wil- were served. son of Pleasant Grove were united The honored gneete were: Mrs. In marriage at Salt Lake City Grace Hansen, Mrs. Eva Heaps, Monday. They will make their Mrs. Lola Adams and Mrs. Bee home In Pleasant Grove. Jarman. Each one waa presented with a gift as appreciation for her splendid work In tko organisation. Ths officer and teachers present were: Flossie Assy, Hasel Liston, Velma Maag, Wanda Gray, j Cynthia De Lange, Maggie Coleon. Myrtle Kitchen, Katherine Cook, E lienors Skinner, Irena Trnschan-sk- l, Myrtle Christensen, Winnie Perkins and Mrs Loveless. Enterprise. 1942 Provo, 1910 DIXON TAYLOR RUSSELL amitjiMMiMti fii fSiarcua cffltwfirrt |