ustxtxb_obs_1976_10_01_50_00013-00000_000.pdf

New Paperbacks University of Texas Press P.O. Box 7819, Austin 78712 and Mrs. Harper each reduced their commitments from 6,500 to 3,250 shares each. The formidable Mr. Werkenthin was once again present to save First Savings and Loan of Uvalde from competition. The Uvalde institution already has a branch in Eagle Pass, and it didn’t take kindly to an interloper. Werkenthin’s strategy was simply to elucidate the various stockholders’ and directors’ links to Richmond Harper. Temple’s primary witness was Emil Shelton Soret, an Eagle Pass merchant and one of the directors of the proposed lending institution. Werkenthin elicited the information from Soret that Harper’s pilot, Thomas B. Gidge, was down for 500 shares of stock; that Sam Michaels, an old family friend of Harper’s now living in Pittsburgh, Pa., had 1,000 shares; that Frontier State banker Rolando Perez had 1,000 shares; that Frank J. Santos, father-in-law to Harper’s daughter, Dixie, had 60 shares; that the Verduzco family of Monterrey, Mex., business associates of Harper’s, jointly owned 6,000 shares. At Werkenthin’s prompting, Soret also revealed that Clayton Brown, owner of 2,000 shares of Eagle Pass stock, was president of Paso Del Rio, an Eagle Pass real estate venture to which Harper is financially linked. \(Paso Del Rio sold Eagle Pass E. Hiller, Jr., owner of 2,272 shares, is a heavy equipment contractor who does business with Paso Del Rio and Harper, Soret said. During cross-examination, Soret explained that he had borrowed $10,000 from Dallas Bank & Trust Co. to buy Eagle Pass stock. \(At the time the loan was made, earlier this year, Ben Barnes was chairman of the board of DB&T. Barnes has since resigned from the boards of DB&T and Coppell. Harper was listed in the 1975 Texas Banking Redbook as a DB&T director, but Barnes has told the Dallas News that Harper was never a director. Barnes said that Harper and an associate had tried unAt any rate, Soret got an unsecured loan from DB&T to buy his stock. He said that Harper informed him that the loan was available. He never went to Dallas and he never talked to any officer at the Dallas bank. He said that Harper and Pendell handled the transaction for him. Other Eagle Pass stockholders also got loans at DB&T, according to Soret. Included in the Eagle Pass charter application were letters of credit from a number of banks. The incorporators had $104,000 in funds deposited at Frontier State, $472,000 at First National Bank of El Paso, and $394,000 at Dallas Bank & Trust. Some $359,000 at DB&T was in certificates of deposit, and Werkenthin ventured a guess that all these funds were loaned by the Dallas bank. On Sept. 10, Savings and Loan Commissioner W. Sale Lewis informed Larry Temple and the Eagle Pass principals that their charter application had been turned down. Lewis has not yet released an official order explaining the reasons for his decision, but it’s a safe guess that Richmond Harper’s role in the venture didn’t help its chances any. October 1, 1976 Ur* Id% We we print with the union Also: Multi-copy service Lecture notes Collegiate Advertising 901 W. 24th St., Austin 477-3641 Call Today! _9 At K.N. 13 label 15 INTIV COUNCIL ‘*-1341-311117311 Dog Ghosts and Other Texas Negro Folk Tales/ The Word on the Brazos: Negro Preacher Tales from the Brazos Bottoms of Texas By J. Mason Brewer Progressives and Prohibitionists Texas Democrats in the Wilson Era By Lewis L. Gould The Galveston Era The Texas Crescent on the Eve of Secession By Earl Wesley Fornell Woodcuts by Lowell Collins “Even better than The Word on the Brazos,” was J. Frank Dobie’s reaction to Dog Ghosts, first published in 1958. And The Word on the been acclaimed as one of the best collections of Negro folk tales in dialect since Uncle Remus. Both titles are now available again in this unique combined edition. 268 pages, illustrated, $4.95 . . . exhaustively researched, well written, and spiced with appropriate pictures and cartoons. The subject matter and the author’s careful analysis of it fill a yawning gap in Texas history and a lesser gap in the history of the progressive movement.”Western Historical Quarterly 339 pages, illustrated, $4.95 The charming, colorful, cosmopolitan, and contradictory city of Galveston is the focal point of this study of the Texas Gulf Coast on the eve of the Civil War. 355 pages, illustrated, $5.95