ustxtxb_obs_1955_12_21_50_00007-00000_000.pdf

PERSONAL TRAGEDIES The temporary receivership of U.S. Trust and. Guaranty meant to 128,000 Texans and their families last week that their savings may be gone. Dazed depositors telephoned newspapers, television stations, officials of the padlocked company, state offices in Austin ; they stood around outside the locked offices of the company in cities throughout the state ; they .peered through the glass doors at signs that read : “Temporarily closed by order 98th Judicial Court.” James Hudspeth, a Houston file clerk who can work only four and a half.hours a day because of a heart condition, invested $950, all of his savings; in the-company Aug. 1. A 65year-old grandmother there put $1,000 in the company ; she was reported near collapse after she heard the news. A Houston salesman put life savings of $4,000 in the company, and his newspaper carrier son had $237 at stake. J. T. Clocke, a longshoreman, put $1,000 in the company after hearing .Drew Pearson boost it on TV. For two years the small congregation of Ascension Lutheran Church in Houston put money aside for a new building. They deposited their $4,000 in U.S. Trust and Guaranty. They have postponed their building plans. A carpenter in Tyler told Senator ‘Warren McDonald he received an insurance settlement of $1,800 for a broken arm, added $200 of his own, and invested the $2,000 in U.S. Trust. “A little Chinese doctor said he had $2,000 in it,” McDonald told the Observer. ‘ From Hillsboro, Senator Crawford -.Nlartin said “it hurt this little town,” that the largest ‘single deposit there was $1,200, that “most of them here were small depositors, they were the ones who couldn’t afford to lose it.” In Fort Worth, lawyers Joe lock and Kelly Jacobs observed that their client, Dewey McClain, an airman at Carswell A.F.B., recently won a $12,000 judgment for the loss of an eye in a car crash with another airman insured by U.S. Trust. “He had planned to use the money to get an education,” Jacobs said, “but we may be lucky now if we get 20 cents on the dollar for him.” Spurlock and Jacobs, incidentally, also won a $123,626 judgment for Mrs. Edna Crane Moore after she was crippled in a car-truck. wreck in 1954, but the General American Casualty , Company, which the court ordered to pay the damages, was declared insolvent, and Mrs. Moore has not yet collected. Twenty-four .Texas insurance companies have gone broke in the last 36 months. MARVIN FOSTER, an Austin lawyer, said Staff Sergeant Peter J. Brown, stationed at Gary Air Force Base in San Marcos, deposited $10,000 he had earned and saved in the Waco firm Nov. 19. “He was just one of many,” Foster said.’ “He bought the certificates because of the trust and confidence he had in our esteemed columnist friend, Dr e w Pearson. After he saw it on television, Sergeant Brown talked it over with his wife and decided it would be a pretty good idea.” One of the insurance commissioners here said a widow told :him she had put her life savings of $5,000 in the Company. Distraught couples were trying the doors of the Waco office. An old man looked inside, stood around, muttered: “Yesterday I put $1,000 in there.” A company representative in Waco was asked if he had had a lot of calls. He replied: “Man. A lot of thin Were putting their faith in Drew Pearson: Lots of them, poor, rich, middle class. Any tear jerker you want to think, ofa boy home from college, his insurance money When his old man died … any kind of story, and that’s so.” The average deposit was about $45. An Austin postman said he delivered mail from U.S. Trust and Guaranty to many boxes throughout the poor Mexican section he services. “Some of them had pledged three or five dollars a month,” he said. The Texas Observer Page 7 Dec. 21 , 1955 LEGAL ADVERTISEMENTS THE STATE OF TEXAS COUNTY OF TRAVIS TO: Those indebted to or holding claims against the Estate of Guy Ellsworth Fuller, Sr., Deceased: The undersigned, having been duly appointed Administrator with will annexed of the estate of Guy Ellsworth Fuller, Sr., Deceased, late of Travis County TexaS, by Tom F. Johnson, Judge of the County Court of Travis County, Texas, on the 8th day of November, 1955. hereby notifies all persons indebted to said estate to come’ forward and make settlement, and those having claims against said estate to be present to present them to him within the time prescribed by law at the office of his attorney, Robert C. Sneed, P. 0. Box 852. City of Austin, Travis County, Texas this the 26 day of November, A.D. 1955. D. M. FULLER Administrator with will annexed of the Estate of Guy Ellsworth Fuller, Deceased. THE STATE OF TEXAS COUNTY OF TRAVIS BY VIRTUE of a certain Order of Sale issued by the Clerk of the District Court of Lee County, Texas, on the 8th day of November, A.D. 1955, in a certain Cause No. 4322, wherein the Lexington State Bank of Lexington, Texas, is Plaintiff, and D. W. Cantrell, is Defendant, in favor of the said Plaintiff, for the sum of Two Thousand Dollars, with interest thereon at the rate 4 per centum per annum from the 27th day of August A. D. 1954, together with all costs of suit, that being the amount of a judgment recovered by the said Plaintiff, in the District Court of Lee County, on the 27th day of August, A. D. 1954. I, on the 16th day of November 1955 at 8:57 o’clock A.M., have levied upon, and will, on the 3rd day of January A.D. 1956, that being the first Tuesday in said month, at the Court House Door, in the City of -Austin, within legal hours, proceed to sell for cash to the highest bidder, all the right title and interest of D. W. Cantrell, as the same existed on the 2Ist day of September A. D. 1950, and at all subsequent dates existed and still exists. in and to the following described property, levied upon as the property of D. W. Cantrell, to-wit: to a plat recorded in Vol. V Page 796, Travis County Deed Records. THE ABOVE SALE to be made by me to satisfy the above described judgment for $2,781.87, in favor of the said Plaintiff, together with the costs of said suit, and the proceeds applied to the satisfaction thereof. T. 0. LANG, Sheriff, Travis County, Texas By HENRY KLUGE, Deputy Austin, Texas, November 29th, 1955. NOTICE OF INTENTION To Incorporate a Firm Without Substantial Change of Firm Name TO WHOM IT MAY CONCERN: Notice is hereby given that ESTIL FOSTER, doing business under the firm name of South Texas Music Co., intends to incorporate such firm immediately under the firm name of South Texas Music Co., Inc. Signed this 2nd day of December, 1955. SOUTH TEXAS MUSIC CO. By ESTIL FOSTER NOTICE OF SALE WHEREAS the AUSTIN FIREPROOF WAREHOUSE CO. has in its possession the following described goods: Bbl. and contents 3 Carton & contents Fiber hat case Metal covered suitcase Black hand trunk Metal foot locker Small suit case Metal bread box Wrapped bdle picture Carton & contents $ Cane seat st. shairs 3 Cane seat stools 2 which were deposited with it by Mrs. Margaret Smith Mitchell, the owner thereof, for storage and preservation, and WHEREAS lawful charges for storage, preservation, and other expenses in relation to such goods are now due and unpaid, and WHEREAS the owner and depositor though notified to come forward and pay such charges has failed and refuses to do so ; THEREFORE the goods described above are hereby advertised for sale and will be sold by auction at 2 o’clock, P.M. on the 6th day of January, 1956, at the warehouse of the AUSTIN FIREPROOF WAREHOUSE CO., located at 400 East Third Street, Austin, Travis County, Texas.. AUSTIN FIREPROOF WAREHOUSE CO. By : Tom H. Davis, Attorney NOTICE OF SALE WHEREAS the AUSTIN FIREPROOF WAREHOUSE CO. has in its possession the following described goods : Westinghouse eke. refrigerator 2 4×6 Mahogany bed ends Mahogany double dresser 4×6 steel back bed spring 4×6 gray striped innerspring mattress Bundle 2 metal bed rails Bundle four. 4×6 bed slats which were deposited with it by Mr. Bob ‘Walton, the owner thereof, for storage and preservation, and WHEREAS lawful charges for storage, preservation, and other expenses in relation to such goods are now due and unpaid, and WHEREAS the owner and depositor though notified to come forward and pay such charges has failed and refuses to do so ; THEREFORE the goods described above are hereby advertised for sale and will be sold by auction at 2 o’clock, P.M. on the 6th day of January. 1956, at the warehouse of the AUSTIN FIREPROOF WAREHOUSE CO., located at 5501 Lamar Blvd., Austin, Travis County, Texas. AUSTIN FIREPROOF WAREHOUSE CO. By: Tom H. Davis, Attorney —-NOTICE OF SALE WHEREAS the AUSTIN FIREPROOF WAREHOUSE CO. has in its possession the following described goods: 13 Doz. sets Battery caps 3 Budls. Knock down cartons Which were deposited with it by TEX-Max ENTERPRISES, the owner, thereof, for storage and preservation, and WHEREAS lawful charges for storage, preservation, and other expenses in relation to such goods are now due and unpaid, and WHEREAS the owner and depositor though notified to come forward and pay such charges has failed and refuses to do so : THEREFORE the goods described above are hereby advertised for sale and will be sold by auction at 2 o’clock, P.M. on the 6th day of January, 1956, at the warehouse of the AUSTIN FIREPROOF WAREHOUSE CO., located at 400 East Third Street, Austin, Travis County, Texas. AUSTIN FIREPROOF WAREHOUSE CO. By : Tom H. Davis, Attorney THE STATE OF TEXAS To any Sheriff er any Constable within the State of TexasGREETING: You are hereby commanded to cause to be published, ONCE, not less than ten days before the return day thereof, in a newspaper printed in Travis County, Texas, the accompanying citation, of which the herein below following is a true copy\(but if there be no newspaper so printed in said county, then that you cause the said citation to be posted for at least TEN days before the return term thereof as required by CITATION BY PUBLICATION THE STATE OF TEXAS TO ALL PERSONS interested in the estate of Rebecca Gault, Deceased. No. 16,937, County Court Travis County, Texas. Johnson Gault, Administrator thereof, filed in the County Court of Travis County, Texas, on the 15th’ lay of December, A. D. 1955, his Final Account of the condition of the Estate of said Rebecca Gault, Deceased, together with an Application to be discharged from said Estate. Said Final Account and Application will be heard and acted on by said Court on the first Monday next after the expiration of ten days from date of Posting or publishing this citation, the same being the 2nd day of January. 1956, at the Courthouse thereof in Austin, Texas, at which time and place all persons interested in the Account for Final Settlement of said Estate are required to appear by filing a written answer and contest said account and application should they choose to do so. The officer executing this writ shall promptly serve the same according to requirements of law, and the mandates hereof, and make due return as the law directs. GIVEN UNDER MY HAND AND THE SEAL OF SAID COURT at office in Austin, Texas, this the 16th day of December. A. D. 1956. EMILIE LIMBERG Clerk of the County Court, Travis County, Texas By M. EPHRAIM, Deputy NOTICE OF INTENTION TO INCORPORATE A FIRM WITHOUT CHANGE OF FIRM NAME TO WHOM IT MAY CONCERN: Notice is hereby given that William L. Nelson, doing business under the firm name of Dwight TV Sales & Service Company, intends to incorporate such firm immediately under the firm name of Dwight TV Sales & Service Corporation, located at ‘724 Dwight Avenue, South San Antonio, Texas. Signed this 8th day of December, A. D., 1956. DWIGHT TV SALES & SERVICE CO. By: WILLIAM L. NELSON, Owner NOTICE OF SALE WHEREAS the AUSTIN FIREPROOF WAREHOUSE CO. has in its possession the following described goods: Small oak table Wood box and contents Clothes hand bag and contents Electric roaster stand Minnow bucket Cloth hand bag Walnut desk Oak _study table Game table Bdle. 2 yard tools Small folding table Clay back gas heater Walnut rocker Cloth saddle bag Barrel and contents Uphl. foot stool Small gas heater which were deposited with it by Mrs. R. L. Edwards, the owner thereof. for storage and preservation, and WHEREAS lawful charges for storage, preservation, and other expenses in relation to such goods are now due and unpaid, and WHEREAS the owner and depositor though notified tb come forward and pay such charges has failed and refuses to do so ; THEREFORE the goods described above are hereby advertised for sale and will be sold by auction at 2 o’clock, P.M. on the 6th day of January, 1956. at the warehouse of the AUSTIN FIREPROOF WAREHOUSE CO., located at 400 East Third Street., Austin, Travis County. Texas. AUSTIN FIREPROOF WAREHOUSE CO. By: Toni H. Davis, Attorney NOTICE OF SALE WHEREAS the AUSTIN FIREPROOF WAREHOUSE CO. has in its possession the following described goods : Bdle. broom handle measuring stick Wes tern elec. vacum cleaner Warehouse broom Bdle. 2 bed rails ms-brackets Coffee table glass top 4-6 Oak veneer bed end-trim 4-6 Oak veneer bed end Maple dinnette table top Clothes dryer End table Metal utility cabinet Bdle. 2 plungers Bdle. 4 maple table legs Metal folding ironing board Bdle. 3 spliced bed slats Bdle. 4 Mah. table legs Folding gate Maytag washer. Bdle. 2 wash boards Walnut straight chairs 4 Arm chair, walnut Washing machine wringer Walnut magazine rack Blue uphl. foot stool Blue uphl. 0. S. chair Mah. table top Red imitation leather ottoman Blue settee cushions 4 Blue and grey 0. S. chair Blue and gray 0. S. Settee Glass top mahogany lamp table Black painted end table Yellow painted bench Walnut end table ‘Combination Delco table radio & record player Oak lamp table Westinghouse roaster Bdle. garden hose P. B. carton Carpet sweeper P. B. cartons 24 which were deposited with it by Mr. F. E. Collins, the owner