The New Stamford American (Stamford, Tex.), Vol. 1, No. 25, Ed. 1 Thursday, November 19, 2009 Page: 3 of 14
This newspaper is part of the collection entitled: Stamford Area Newspaper Collection and was provided to The Portal to Texas History by the Stamford Carnegie Library.
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I Capital Higlights....................by Ed Sterling
--
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Gubernatorial Candidate Hutchison to Hold Her Senate Seat Through Repubhcan Primary
AUSTIN
U.S.
Sen. Kay Bailey Hutchison an-
nounced her intention to stay
in the race to be the Repubhcan
Party of Texas’ nominee for gov-
ernor while continuing to serve
in the Senate.
In her Nov. 14 address in
Houston to the Texas Fed-
eration of Republican Women,
Hutchison said she would not
give up her Senate seat as long
as a national health care bill and
cap-and-trade energy legislation
are on the table.
“I realize this will keep me
in the Senate past the primary
election,” she said.
Recent polls show incumbent
Gov. Rick Perry leads Hutchi-
son by about 12 points.
Senators Question Commis-
sion Head
At a Nov. 10 hearing of the
Senate Committee on Criminal
Justice, John Bradley, newly ap-
pointed chairman of the Texas
Forensic Science Commission
and Williamson County district
attorney, said the commission
had no written policies or rules
yet and that guidance from the
Legislature is needed.
Sen. John Whitmire, D-
Houston, chair of the criminal
justice committee and dean of
the Senate, asked Bradley if the
commission would continue to
investigate the arson report that
contributed to the Cameron
Todd Willingham murder con-
viction and recent execution.
Bradley, who Gov. Perry
brought in as chair when the
investigation of the Willingham
case already was in progress, said
the commission will continue,
but he refrained from stating a
timetable for doing so.
Whitmire asked Bradley if
his role as a district attorney
presented a conflict of interest
for him. Bradley said he believed
it did not.
Some committee members
expressed concern over whether
the commission would con-
duct its business in an open and
transparent way. Bradley re-
sponded that confidentiality is
critical in the early stages of the
investigatory process.
Sen. Rodney Ellis, D-Hous-
ton, raised questions over the
governor’s possible influence
over the commission. Bradley
countered with an insinuation
that Ellis’s position on the na-
tional board of directors of the
Innocence Project might be a
problem.
Sen. Juan “Chuy” Hinojosa,
D-McAllen, said he wants the
commission to focus on foren-
sic mistakes and prevent “junk
science” from entering into the
legal process.
New Agency Absorbs Old
Duties
A new state agency, the Texas
Department of Motor Vehicles,
opened Nov. 2.
The “DMV” is taking over
certain responsibilities formerly
shouldered by the Texas De-
partment of Transportation, the
Texas Department of Public
Safety and a few other agencies.
TxDOT will provide services
and facilities to the DMV until
the agency can stand on its own.
Gov. Rick Perry appointed
former car dealer Victor Van-
dergriff as chairman of the nine-
member board that oversees the
agency.
Created last spring by the
81st Texas Legislature, the
DMV will have about 650 full-
time employees, who will carry
out the following responsibili-
ties:
• Vehicle titling and registra-
tion;
• License plates;
• Disabled driver placards;
• Vehicle dealer licensing and
enforcement;
• Motor carrier operating au-
thority;
• Grants to law enforcement
to prevent vehicle theft; and
• Texas Lemon Law assis-
tance.
The Texas Department of
Public Safety will continue to
issue driver’s licenses.
Slower Economy Cuts Into
Revenue
A tamped down economy has
slowed spending enough to re-
sult in decreased state sales tax
collections.
That might force a downward
adjustment in state revenue. And
that, in turn, could mean stop-
gap measures may be needed to
keep government functioning
smoothly.
Texas Comptroller Susan
Combs, whose job it is to make
revenue estimates and keep the
state fiscally on target, suggested
that sales tax revenues this holi-
day shopping season, which ex-
tends into the new year, could
improve the picture.
Combs is expected to give a
new revenue estimate by the end
of the month.
Texas Still Behind on H1N1
Doses
Last week the state was set
to get 320,000 doses of H1N1
“swine” flu vaccine.
The Texas Department of
State Health Services regularly
places orders in efforts to get the
Lone Star State’s current allot-
ment of the vaccine, which is 3.3
million doses.
Texas expects to receive 13
million doses of the vaccine by
January.
The Jones County Sheriff’s
Office from November 9,
2009, to November 15,
2009, responded to: 35
calls for service, initiated 3
investigations, and made 11
traffic stops, which resulted
in 6 citations and 4 warnings
been issued.
The following people were
booked into the county jail
during this time: Khristie
Guzman- Assault, Nikki
Trevino- D.W.I. 1st, Jose
Prado - Warrants Jones Co. and
Haskell Co., Juanita Bolanos-
Taylor Co. Warrant, Frean
Taylor- V.O.P Possession of
control substance, Vicente
Mendez- P.I., Resisting
Arrest, Assault, Michael
Longoria-V.O.P, Guadulupe
Gomez- Terroristic Threats,
Joe Craig Gomez- P.I.,
Disorderly Conduct, Evading,
Annissa Luna-P.I., Disorderly
Conduct.
Calls responded to
were: Burglary-1, Theft-2,
Disturbance/Verbal-2,
Animal Calls-10, Alarms-1,
Accidents-2, Law Enforcement
Assist-4, Abandon Vehicle-1,
Motorist Assist-3, Security
Checks-7, Welfare Concern-1,
Stolen Property recovered-1,
Runaway-1, Civil Papers
Attempted-11, Civil Papers
Served-6,
November 9, 2009 at 5:13
p.m. Deputy M. Beltran
received a call of a gas drive
off from Allsups in Anson.
He attempted to locate the
vehicle, but was unable to do
so. He notified Shackelford
and Fisher Co.
November 9, 2009 at 6:22
p.m. Deputy M. Beltran
responded to a motor vehicle
accident. The vehicle struck a
deer. There were no injuries.
The deputy requested a
wrecker.
November 10, 2009 at
11:47 a.m. Deputy M. Beltran
received a call in reference to
a vehicle that had been towed
off.
November 10, 2009 at 8:51
p.m. Deputy S. Alfaro received
a call in reference to a dog bite.
The complainant was bitten by
the neighbor’s dog.
November 11, 2009 at
8:12 p.m. Deputy M. Beltran
received a call in reference
to an ex-employee making
threats. November 11, 2009 at
2:33 p.m. Deputy M. Beltran
responded to a welfare check.
The caller had made several
attempts, but was unable to
make contact.
November 12, 2009 at 6:41
p.m. Deputy S. Alfaro met with
a land owner in reference to a
control burn. The land owner
failed to notify dispatch of the
control burn. November 12,
2009 at 9:28 p.m. Deputies S.
Alfaro and D. Jimenez assisted
Taylor Co. with a pursuit. The
vehicle was stopped south of
the Jones Taylor Co. line.
November 13, 2009 at
1:31 a.m. Deputy S. Alfaro
responded to an alarm at
Sportsman 1 Stop.
November 13,2009 at 10:05
a.m. Sgt. J. Torres responded
to a burglary of a habitation
on CR 364. While at the
residence a vehicle matching
evidence left at the scene drove
by. The subjects were contacted
and identified. A case will be
worked up and submitted to
the County Attorney.
November 14, 2009 at 2:00
a.m. Deputy R. Rice responded
to a prowler call.
November 14, 2009 at 3:28
a.m. Deputy R. Rice responded
to a domestic disturbance. The
complainant was trying to get
her belongings and leave her
boyfriend, but he wouldn’t
let her. The complainant was
allowed to get what she needed
and leave.
Cases Under Investigation
On Wednesday November
11, 2009 at 2:55 pm. Deputy
Michael Beltran was
dispatched to CR 300 for a
possible theft. He arrived at
the scene and made contact
with the victim. The victim
advised he discovered some of
his equipment missing from
his residence. This case will be
forwarded to the Jones County
Criminal Investigation
Department for further
investigation.
Agriculture and Business
The New Stamford American
November 19,2009 - Page 3
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Have You Built Your Investment Pyramid?
Of the “Seven Wonders of the Ancient World,” the only
one still in existence is the Great Pyramid of Giza. This tells
you something about the strength of the pyramid structure,
but it also suggests that the pyramid may be a good metaphor
for other endeavors that you wish to endure — such as your
investment strategy.
In fact, by creating an appropriate “investment pyramid,”
you could address your key financial needs and goals. What
might this pyramid look like? Consider the following “layers”:
• Cash and cash equivalents — The “base” of your pyramid
should consist of cash and cash equivalents — short-term
investment vehicles that are highly liquid. Without sufficient
cash available, the rest of your pyramid could crumble because
you might be forced to liquidate longer-term investments to
pay for short-term or emergency needs.
• Income —The next level up of your pyramid might contain
income-oriented investments, such as bonds and Certificates
of Deposit (CDs). While these investments may not offer
sizable rates of return, they can offer reliable income.
• Growth and income — The middle layer of your pyramid
should include investments, such as dividend-paying stocks,
that offer the potential for both growth and income. (Keep
in mind, though, that companies are not obligated to pay
dividends and can reduce or eliminate them at any time.)
• Growth — The second layer from the top of your pyramid
is reserved for growth-oriented investments, such as the stocks
of companies whose earnings are expected to grow at an above
average rate, relative to the rest of the financial market. As
you’ll note, though, the keyword is “expected,” because growth
stocks can, and do, produce negative returns as well as positive
ones.
• Aggressive — At the very top of your pyramid are the
most aggressive investments. While these investments may
offer the highest growth potential, they also usually carry the
greatest risk level.
Your total investment mix may include investments from
every part of the pyramid, but how much should go into each
layer? There’s no one right answer for everyone. In filling out
your investment pyramid, you’ll need to consider your risk
tolerance, time horizon, short- and long-term goals and other
factors. So, if you are a fairly conservative investor, you might
place fewer investment dollars in the “aggressive” layer than
someone who was willing to take more chances in exchange
for potentially higher returns.
However, the various weightings within your investment
pyramid will likely change over time. As you near retirement,
for example, you may want to move some — but certainly
not all — of your investments from the “growth” layer to
the “growth and income” or “income” layers. An investment
professional can help you review your evolving family and
financial situations and make recommendations on what
changes you may need to make to your pyramid.
Pyramids last a long time. And if you build and maintain
your investment pyramid with care, you can keep it working
efficiently for many years to come.
I^m^us on Agriculture
This article was written by Edward Jones for use by your local
Edward Jones Financial Advisor.
COMPARE OUR
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Bank r$$ue<i FDIC-irrsured to S100.000
2.40 %"
36 Months Minimum Deposit $5,000
* Annual Percentage Yield (APY) effective 11/17/09. Certificates of
Deposit (CDs) are federally insured up to $100,000 (principal and
interest accrued but not yet paid) per issuing institution. CDs are also
federally insured up to $250,000 (principal and interest accrued but
not yet paid) in qualified retirement accounts per issuing institution.
Subject to availability and price changes. CD values may decline in
a rising interest rate environment, and the market value may fluctuate
if sold prior to maturity. The amount received from the sale of a CD
at current market value may be more than, less than or equal to the
amount initially invested. FDIC insurance does not cover losses
in marked value in these instances. Early withdrawal may not be
permitted. Yields quoted are net of all commissions. You pay no
additional commissions, annual fees or periodic charges. The estate
feature allows heirs to redeem the CDs upon the death of an owner
at face value plus interest earned, subject to limitations. CDs require
the distribution of interest and do not allow interest to compound.
CDs offered through Edward Jones are issued by banks and thrifts
nationwide. $5,000 minimum investment per issuing institution. All
CDs sold by Edward Jones are registered with the Depository Trust
Corp, (PTC)._
USDA Reminds Producers
of Upcoming Livestock
Disaster Assistance
Deadlines
Jones County USDA
Farm Service Agency (FSA)
Acting Executive Director,
Emery Letz, Haskell
County USDA Farm Service
Agency (FSA) County
Executive Director, Glenn R
Brzozowski, remind eligible
ranchers and livestock
producers of the Dec. 10
deadline for applying for
benefits under the provisions
of the Livestock Forage
Disaster Program (LFP)
for losses incurred during
calendar year 2008. For
losses incurred during the
2009 calendar year, the
deadline to apply for benefits
is Jan.30,2010.
LFP provides payments
to eligible livestock
producers that have suffered
livestock grazing losses
due to qualifying drought
or fire. Fire losses apply
only to federally managed
rangeland.
Eligible livestock under
LFP include beef cattle,
alpacas, buffalo, beefalo,
dairy cattle, deer, elk, emus,
equine, goats, llamas, poultry,
reindeer, sheep and swine.
For losses due to drought,
qualifying drought ratings
are determined using the U. S.
Drought Monitor located
at http://www.drought.unl.
edu/dm/monitor, html.
“It is imperative that
livestock producers meet
these deadlines for disaster
assistance as there are no
late file provisions for LFP,”
said Letz. “To insure a
smooth application process,
producers should have
all required supporting
documentation with them at
the time they visit our office
to apply for benefits.”
In order for an LFP
applicant to qualify for
program benefits, the
applicant must have
purchased insurance
coverage through FSA’s
Noninsured Crop Disaster
Assistance Program (NAP)
or the Pasture, Rangeland
and Forage Insurance (PRF)
program offered through the
Risk Management Agency
(RMA).
Producers who meet the
requirements of a socially
disadvantaged, limited
resource, or beginning
farmers or ranchers, as
defined in the Food,
Agriculture, Conservation,
and Trade Act of 1990,
Section 2501 (e) (7 U.S.C.
2279(e)), do not have to
meet this Risk Management
Purchase Requirement
(RMPR) and, therefore, are
not required to have paid the
buy-in fee.
LFP program applicants
should note that in addition
to risk management
provisions, certain payment
limitation and adjusted
gross income eligibility
requirements must be met in
order to qualify for livestock
Corinth Gin
Company Inc.
325-823-2941
Raymond Hughes, owner
disaster program benefits.
For more information
or to apply for LFP and
other USDA Farm Service
Agency disaster assistance
programs, please contact the
Jones County FSA office at
(325)823-3255 or Haskell
County FSA office at
940.864.2617. Information
can also be obtained on line
at http://www.fsa.usda.gov.
Bales Ginned at Area Gins
as of 11/16/09
Ericksdahl Coop Gin - 418
Farmer’s Coop Gin-
Stamford - 1567
Farmer’s Coop Gin-Anson
- 1130
Radium Gin - 684
328-576-3638
C^°/feTcd^l‘
Serving our member-
owners for 70 years
225 W. McHarg • 325-773-3684
Gary Decker
106 S. Swenson St.
Stamford, Texas 79553
(325)773-2709
Carri Murphree
109 E. McHarg St.
Stamford, Texas 79553
(325)773-2995
Joe McMeans
108 S. Swenson St.
Stamford, Texas 79553
(325)773-5667
Edwardjones
MAKING SENSE OF INVESTING
Put Your Crop in Our Hands
v )fe
Ir* ^4* IQ
>
HargrOV6 Raford Hargrove
Rotan Office: 325-735-3606
Crop
111S U ra H C0 Anson Office: 325-823-2340
Haskell Office: 940-864-8136
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Russell, William. The New Stamford American (Stamford, Tex.), Vol. 1, No. 25, Ed. 1 Thursday, November 19, 2009, newspaper, November 19, 2009; Stamford, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1009587/m1/3/?q=%22%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Stamford Carnegie Library.