The Key West Citizen Newspaper, March 1, 1938, Page 1

Associated Press Day Wire Service For 58 Years Devoted to the Best Interests of Key West Key West Citizen THE SOUTHERNMOST NEWSPAPER IN THE U.S.A. KEY WEST, FLORIDA, TUESDAY, VOLUME LIX. No. 51. ee Provisions Made To Take Care Of Monroe County Projects Along Highway State Reed Department |REAL ESTATE Enters Items In Its) ACTIVITY IS Budget During Meeting COMING BACK Held Yesterday |GIVES PROMISE OF TAKING ae Pappa eee | LEAD IN BUSINESS RECOV- TALLAHASSEE, March 1—| Monroe county projects on the | ERY EARLY PART OF PRES- ENT YEAR highway are in the approved list | of activities discussed yesterday | ine arck | (Special to The Citizen) meeting of the State Reed) weer PALM BEACH. Department, at which time a| March 1.—Real estate will budget for 1938 was announced fo | the lead in a decided business re- take care of new construction, | covery early this -year, according QUERIES ON FHA and will result in a surplus for the year of $28,438. Projects in this county and in the approved list, if funds are available, include surfacing of Road-4 from Big Pine Key to the present road, and the removal of Jewfish Railroad Bridge and the railroad fill which are also a part of Road-4-A. It is‘estimated that the incsme from state and federal sources will be more than $13,000,000. Re- quirements were figured at $14,- 740,986, but this includes an emer- gency fund of $875,000 emergency reserve which will be applicable to normal requirements at the : end of the year, if it is not ex- pended. in_ emergencies... —— 4. + Ha betore the National a- ition of Real Estate boards, fheor- The department set up 87 gp- proved construction projects “which will be undertaken. if ana when tunas are available”. They would cost about $2,500,000, but officials explained they are not to be started unless revenues ; exceed budget expectations and funds are thereby made available. If they are started they will be financed, exclusively, with state funds. CONCLUSION IS ALTOGETHER SOUND (My Annociated Prensa) CLAREDON, Tex., March 1.— The old bell had awakened Roy Beverly too many years for it to fool him, although it was mas- Querading as a country school bell. {to Joseph W. Catherine, president jof the National Association of |Real Estate Boards, speaking in West Palm Beach to realtors and ‘winter visitors from all portions j of the nation. | “Money is backing up in the | United States for investment in jfeal estate”, Catherine said, | “whereas stocks and bonds have ; lost 24 billion dollars in value | during the current recession. Real estate values have dropped no | More than ‘five percent the coun- try over. In some cities real es | tate values are actually rising. | “The nation needs two million thomes”, he continued, money is going to be made a able to build them. I wish real |estate men. everywhere would | catch some of the enthusiasm you | have here in Florida”. ‘ganization president said, are the \establishment of a management ‘institute and of an appraisal! in- | stitute to teach the principles of those two operations with rela ; tion to real estate. Herbert U. Nelson, executive vice presidént of the national ‘ | board, gave three reasons why he believes real estate is in a better j position to advance than at an | time for many years. Real «: ; debt has been decreased gencrally until it amounts to only 25 per- cent of its value, he said. Under j the new mortgage system provid- ed by the Federal Housing act. | real estate financing is put on a | parity with commercial financing | an. honest mortgage structure t ; provided the home owner and jfine type of security is rn } available to the small inv Taxes on real estate, he said, h | been reduced on an ave He heard its peal recently while | 2 percent in the iast 10 Passing the school. Climbing to the belfry, he iden- tified the old Bar X ranch brand on it It was purchased by the ranch 6 years ago, awakened Beverly every morning for years when he was a youth on the Bar X. The bell disappeared when fire de- stroyed the ranch house.30 years ago. i while eleven states have enacted | tax limitation laws and twenty- one, others now have jeodes under consideratior “With these factors in fa real estate development, th i nothing that can. hold us back ex feept lack of confidence”, Nc said. (GETS DAILY VISIT FROM THE SANDMAN — CHE CHE’S BAR | MORRIS, First grade pup (By Associated Press) ! CREDIT PR BORROWER CAN GET $10,000! LOAN FOR MODERNIZATION | REPAIR: $2500 FOR NEW STRUCTURES (Special to The Citizen) WASHINGTON, D. C., March 1. —In explaining the Property Im- provement Credit Pian of the Minutes Was Time Made , In Flight PLAN SENDING YOUTHS OFF T0 REFORM SCHOO MARCH 1, 1938. _ Eleven Hours And Thirty | waukee, Wisconsin, to Key West in eleven hours and 30 minutes on their way to Havana. becoming | ec bothering to go on to Havana. | YOUNGSTERS WERE CARRIED FHA and its immediate applica-! tion, the Federal Housing Admin-| istration answers the following | ions: Who can borrow moderniza: tion funds? j Any individual, corporation | or firm, business, commer- cial establishment, farmer, tenant or home owner. Who lends the money? Private lending institutions | there are approximately | 7,000 approved by the FHA in-all parts-of the} United States, including! commercial banks, build-' ing and loan associations, installment lending com- panies, ete. What Can Be Done What can the borrower do with these funds? The borrower can his property, make any structural repair, make additions and alterations to business establishments, buildings, farms, homes and institutions, install heating, plumbing, wiring, ete. paint, refloor, etc. How much cna each bor- rower obtain from the lending agency? } ing age = Up’ to $10,000 fr * toderni- zation and repair. Up to/ $2,500 for the erection of new structures including roadside stands, filling Stations, barns, business establishments, commer-; cial buildings, etc., and, in some cases new dwellings. How does the borrower re- pay the loan? equal monthly install- ments over a period up to five years and in the case of new dwellings up to 10 years. Farmers may re- pay loans on an annual or semi-annual basis from the sale of crops, live- stock, ete. Does the Federal Housing Administration lend mon- ey for this purpose? No. The FHA does not lend money for any purpose. It insures the lending} agency against loss. | the borrower use these funds for the purchase of a refrigerator,a stove or home furnishings? No. These funds must be used for repair and mod- ernization of property and such equipment as be- comes a permanent part of the structure, except, of course, in the case of loans i 500, which may be ‘w structures. Little Security Q) Does the borrower have to 4 security for Property ement loans? does not require Q (A) improve! Q [7:8] (A) In Q (A) BEFORE JUVENILE JUDGE THIS MORNING FOR EXAM- INATION Alex Zaldivar and Rogelio Diaz, boys about 13 years old, are) | bound for the reform school, un-! jless Juvenile Judge Mrs. Juliet | / and last week returning to Mil | waukee in a single day. was the | experience of G. H. Jackson. pur- ‘and H. L. Lindner, president of the Paramount Trucking Service. ukee, Wisc. To Key —" Control Work In Key West | articles, most of which have been Ri 1, changes her mind, seid} Leaving Milwaukee one Sunday Chief Deputy Sheriff Bernard | @t one p. m. in Mr. Linden’s Waco Waite. | Cabin plane, they landed at Nash- The theft of which they stand / ville, Tennessee, at six p.m. All accused, and have acknowledged,| day Monday they were laid up is that of entering the home of! with adverse weather, and Tues- Robert Baker, PWA engineer, day seven a. m., they took off who resides at 1401 White street, 2nd landed at St Petersburg at and departing with a number of West in an hour and 30 minutes. The trip covered a distance of 1800 miles and the plane averag- ed 160 m.ph. The two men were guests at the Island Inn Hotel. recovered. Immediately after discovering that some one had entered the home, Mr. Baker telephoned po- lice headquarters of the incident | and Officers Jose Espinosa and | Raymond Cabrera started an in-; vestigation which resulted in the, 1 TEMPERATURES arrest of several boys. : They were summoned before, ii last 24 the two boys who were finally | Brownsville held were culpable. Buffalo This morning they were taken Charleston before the juvenile judge, and Chicago after a thorough examination, Corpus Mrs. Russell decided that she Detroit x would at once write for admit-| Dodge City __ Christi tance for the boys to the reform Duyluth school. | Eastport Se ee 1a El Paso WARBLER GOES. — snc Havana TO SHIP'S AID #3 | Huron a —=— | Jacksonville Kansas City hurried departure yesterday aft-j| ernoon going to the assistance of peel the American Steamer Fairfield, Louisville which is in need of aid at South Miami Pass, Mississippi. Mpls.-St. P. dicament of the vessel was receiv- |), ed several hours before, and ar- ee y rangements were at once made ec for loading stores, assembling a ogee, wrecking crew and doing the pitts h starting on a voyage of this kind. = It is understood that the Fair- Salt bake City child is from South America lad- Sit. Ste. Marie en with Bauxite and Sisal. Point Seattle of destination was not announced. Washington Hatteras Wrecking Tug Warbler made a KEY WEST The wire announcing the pre- povanags: Babes numerous things necessary before |<. Louis Tampa Fireman Gets A Call Williston SISRIRESSRSSSLSKSRARLES | SASKSSSSRAVsesVs 6 be BS —lt’s His Own House | ¥?**evile SSS TAKES BACK HUSBAND To Make Survey Of eo Indian, Tea Table Keys Among Large Realty Sales Famous Indian Key, hangout of] W. L. Bates bought a 91x79 and |the Bahaman and Key West pe agiengdeny ra ag po wreckers of old days, and scenes from Mr. an - Walsh. | of a massacre by Indians, and Tea| The Property is irregularly shap- Table Key, where was an army and is in the block between base ani naval reservation estab- Caroline and Eaton, and Elizabeth | lished daring the threatened In- | 2nd Simonton streets. It was sold Oe Me a airs Gasper Howsre; | Thursday, also, Mr. and Mrs. A |of DeLand, Florida, to A. V. S,|Eimhorn bought from Antonio | Smith, who is also of DeLand. —_ Trwillo et al a 58x63 piece of Deals for tracts of Key and city | Property on Thomas street near property, While not numbering ‘© corner of Thomas and Divi- many, were for large pieces of | 0"- | property dering the week's realty | sales from Tuesday, Feb. 22, to; A very large transfer of prop- yesterday, at five o'clock. | erty from Charles S. Maloney to | Sixty-sii “nd one-half acres on| Walter C. Maloney was accom- |Key Vacas was purchased by B.| plished Friday. The list of prop- |C. Hearn and follows: | Was consummated Friday. i Another large deal was com- | pleted yesterday when Carrie E. : Douthitt sold 55% acres close to | the Everglades to Coleman Irwin {of Peters, Dade county. | | At South street near Margaret, which is behind Rest Beach ‘tello Towers subdivision, ithe most beautiful and peg in the city are uy -' on Georgia, buted to the development thus far and future plans for the sec-'on Olivia tion are very promising, it is un-' Alley, a 1 derstood. Lucille S. Stone of street near Company, Inc., Thursday. | RESOLUTION WILL BE DOWN TOTAL LAST WEEK COMING IN TEN DAYS. R. E. INTO KEY WEST OVER CRUMMER SAYS HIGHWAY Nine hundred and 73 R. E. Crummer, fiscal agent for come over the the city, announced to Mayor Al- | fefties into Key West It was hoped that bury and members of the City | mark would be broken Council in.an informal meeting, Three hundred and yesterday in the Mayor's office | Passenger cars, four trailers and that the Ro E. Crummer Com-| “ve? ” — ‘ lar grow days the other _ 28 papers which are legal step: the proceedings for refunding the city bonds, that the Council may pass on them Mr. Crummer was at the Yacht fesolution and in MEET YOUR FRIENDS st PENA’S Basin in his yacht “Recco II” and GARDEN OF ROSES (Ms Associated Press) CHADRON, Neb. March 1— Volunteer } ST. LOUIS.—Mrs. C. J. Perkins had come to Key West on a fish- ing trip. Never having met present City Council. he decided | to drop in on them and the meet- the “Yes—We Recommend Mosquito Ranking Officials Of De- partment Te Beg Ac- | This Month ‘Rew Steps to be taken wtf loca’ personne! cf the pusix beatin service and state anc local Beal | ir ‘ :| if i iI Ht [vi [tr if | H ga af ef ' a) co e wo DON-Q RUM 89 PROOF” srrower to give se-| Chapter from life of —except in the case Ss up to $2500 for dwellings. would consist of a Cor. Division and Grinnell Sts. | tine Cord may of this city withdrew her suit for WHERE GOOD FELLOWS MEET sleeping period for } 4 DON-Q RUM — : In the case of a loan in or oats: Lepas f xcess of $2,500 the FHA —83 PROOF— | likely to be , : It’s Always In Demand | Fireman Walter Hampton | divorce when her husband took |i®€ yesterday was in the nature (a8 PROOF Hampton heard the general/ the pledge for life not to drink of an informal discussion of va- alarm, and swung on to the truck | liquor: keel wall as it passed him on a downtown; SSAC RE ow Se Seam 4 i seed. | | Following the gathering Mr | ——— He wondered where the truck . , Crummer and the R. E. Crummer! was going, but not for long TOTTENUHAM, Eng —Nearly |Company atterney, J. Lancelo: When it stopped he led the 199 hats for women were found | Lester. spent the remainder of the crew, shouting in the home of Joseph Herman, a} day fishing and report excellent bachelor of this city, when he was luck. Mr. Crummer left this “Come on. fellows! This is my house!” arrested for theft. morning on the “Recco IT”. Sy een { ) : : ; . . : . . : &) : ; . N ‘ “ » 3 Sate DON-Q FINEST PUERTO RICAN 89-PROOF Distributed by NATIONAL DISTILLERS 3‘ blankets and RESTAURANT FOUR TEN FLEMING STREET Specializing In Finest Certified WESTERN MEATS Sea Foods and Clear Green Turtle Soup BREAKFAST—A LA CARTE LUNCHEON —75< DINNERS—FROM $1.00 ALSO—LATE SUPPERS AND SANDWICHES BEER and WINES Fred Auerbach, Mgr. CURRO’S BAR|| © —t#e— |! suoper soes sar || RAUL’S CLUB DON-Q RUM Corner Duval asl Peteciie CAVE INN BAR Ei Chico's Rhumba Band | | ON THE BOULEVARD i | ESPECIALLY - 73 TF — ! ON-Q RUM i —8s PROOF— | DON-Q RUM DON-Q RUM | i] —88 PROOF— —#3 PROOF— We carry a complete cunt SERVICE_DeIvE mm Geo. Dean's Rhythm Boys To- Night from 7 to 9 P. M. —8$ PROOF— FOR WHOLESOME COOKING USE BLUE GRASS, EXTRA QUALITY ALUMINUM WARE. ..AT SOUTH FLORIDA CONTR. AND ENG. COMPANY. 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