Claude News (Claude, Tex.), Vol. 64, No. [6], Ed. 1 Thursday, October 8, 1953 Page: 3 of 16
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THE CLAUDE NEWS
CLAUDE, ARMSTRONG COUNTY, TEX., THURSDAY, OCT. 8, 1953.
,
Maddox Farm Recognized as
Mystery Farm No. 4 last Week
Many were quick to recognize
one of Claude's landmarks last
week after seeing the First Na-
tional Bank s 4th mystery farm.
It is the farm home of Mr. and
Mrs. Raymond Maddox and former
resident of the H. H. Harred fa-
mily. It was built by Hickcock, fa-
ther of Mrs. Frank Bishop.
The farm is home to three gen-
erations, the Hickcock family, the
Harred family and the Maddoxes.
Frank Dunn says he was born in
the house.
The farm is located a mile north
of Claude and was bought by the
Maddox family from Jack McGow-
an three years ago. The farm is
now for sale as the Maddoxes plan
to move to a ranch near Miami
that his father just recently pur-
chased.
Raymond's parents, Mr. and Mrs.
1L. A. Maddox, moved to Miami in
j 1906 and he is quite well known
over the Panhandle as a stockman/
He also has three brohters, Bruce,
1 Wayne and L. A., Jr., who are all
farming and ranching near Miami,
j During World War II Raymond
was in the Navy Air Corp. and
was stationed on Guam three
Sctuutitta the
Y\ fHEN
▼ V Janua
congress reconvenes in
anuary the American people
will begin to hear a great deal
about small business anJ small
business problems.
A recent survey by Congressional
Quarterly of federal economists
and organizations representing
small businessmen reveals that
nine of every 10 U. S. firms fall
into the small business category.
Studies are now ynderway of small
business problems and will, large-
ly, sound out reaction to recently
announced plans of the Small Busi-
ness Administration.
A new plan of financial aid, just
launched, has stirred controversy
among lobbies representing small
business. Under this plan, maxi-
mum emphasis will be placed or.
private, local lending sources in
supplying loans to small firms.
One school of thought among
small business lobbies regards this
as merely "delaying action" in
working out a truly effective policy
for helping small enterprise. But
another says it is the only real an-
swer to small firms' credit needs,
Congressional Quarterly reports.
Among critics of SBA is the
small business group which claims
the largest direct individual mem-
bership (100,000), the National Fed-
eration of Independent Business.
But another powerful small busi-
ness group, the Smaller Business
Association of New England, favors
the SBA and its program.
America's independent business-
Irian may be small, but he packs
a big wallop when it comes to in-
fluencing legislation. Today, more
than a dozen pressure groups are
active on Capitol Hill in the in-
tc est cf small business.
Much will be heard about them
and small business shortly after
January 1.
• • •
O Contrary to what administra-
tion spokesmen say, the attack on
the Republican farm policy by the
Democrats has built a fire under
a number of GOP senators and
policy makers. They are troubled
about criticism from farm sources
rather than the Democrats.
In this connection, it is inter-
esting to note that Secretary of
Agriculture Benson reports, after
a conference with President Eisen-
hower, that the administration
would be ready with a new farm
program when congress reconvenes
in January.
T'.iis, in itself, is sufficient proof
that the administration is con-
cerned over the growing farm prob-
lem and realizes a solution cannot
longer be delayed.
Benson told newsmen that
charges by Democrats that the
Eisenhower achi.suistration is run-
ning out on 1952 campaign pledges
to the farmers are "ridiculous"
and were made by "irresponsible
individuals". The irresponsible
persons in this case, although Mr.
Benson did not name them, are
former Secretary of Agriculture
Charles F. Brannan and Governor
G. Mennen Williams of Michigan,
Let's Have a little
In Spain a man stalled his ear « the
tiain coming. He tarned ■■■■nil U Ms
said, calmly, "You're keen driving aB dag
I got my end across—see what yon can i
LET'S SEE WHAT YOU CAN DO W
BETTER GASOWNE IN YOUR
Joe's Magnolia
Phone 58
JOE STEPHENSON, MGR.
HOLIDAY NOT
Thi. bank will
Monday; October 12, 11
COLUMBUS DAY
... as a holiday and will not be
that date. Our customers are
fully advised in order that their
may be regulated accordingly.
months during his 1944-46 service
period. On January 11, 1945, he
and Miss Bei iiicp Jackson, of Pain-
pa, were married and they later
moved to Claude to make their
home. Mrs. Maddox has one sister,
Miss Joyeeln Jackson of Dallas.
Her parents, Mr. and Mrs. Phillip
Jackson, live at Pampa, where he
works for the Sinclair Oil Co.
The Maddoxes have two children,
a son, Stephen, age C, who just
started to school this year and a
da', ghter, Sharon Lynn, vage 2. Ray-
mond is a member ol the Ameri-
can Legion and a student of the
Veteran's Agriculture Class. Mrs.
Middox is a member of the N.
Armstrong Club and Mother's Club
jand they attend the First Christian
I Church.
i Herefords are Raymond's favor-
ite ranching interest and he start-
ed his herd from registered stock
raised by his father at Miami.
The farm covers a half section
and his crops, if it rains, include
wheat and teed, tut stock farming
is his main interest. His brand is
an S over a bar on the left side.
He practices chiseling on his farm
land and is qi ite interested in the
new deep chiseling method now
being experimented with.
Mrs. Maddox was carried away
with the people of this vicinity and
stated that since moving here she
has felt completely at home due to
the kindness and interest her
neighbors have had in her family.
She regrets moving, having made
so many new friends, but feels that
a larger range for Raymond's cat-
tle development is necessary.
She was also high in her praise
of the North Armstrong Club and
was quite interested in their recent
project of developing the histories
of our local chiJrches which are
appearing in The Claude News.
The Maddoxes subscribed for The
Claide News on moving to Claude
and complimented it by stating
that they felt it was their home-
town paper. Their interest includes
.he whole paper and they always
manage to read it from front to
aack ad;, included.
Sam, the porter, was perplexed.
'Who on earth," he sputtered,
'would want to steal a Pullman
ladder."
J'.it then the curtain parted and
the little old lady in upper 7 poked
her head thru cautiously. "Porter,"
5he whispered, you may use mine
if you like. I won't be needing it
again until morning."
■
-y j
Charter No. 7123
REPORT OF CONDITION tW
THE FIRST NATIONAL
OF CLAUDE IN THE STATE OF TEXAS. AT TOR I
BUSINESS ON SEPTEMBER 30, 1953
(Published in response to call made by Comptroller of
under Section 5211, U. S. Revised Statutes)
_ ~~ ASSETS ' ■!
Cash, balances with other banks, including reserve balance;
and cash items in process of collection .
United States Government obligations, di-ect and guarantMA.^
Obligations of States and political subdivisions .-va
Corporate stocks (including $1,500.00 stock of Federal !"
bank) _
Loans and discounts (including none overdrafts) •
Bank premises owned $1.00, furniture and fixtures $1.00...
Total Assets
LIABILITIES
Demand deposits of individuals, partnerships, and corporations ;
Deposits of United States Government (including postal
savings) raj
Deposits of States and political subdivisions
Total Deposits *i mi btaho'
Other liabilities
Total Liabilities
CAPITAL ACCOUNTS
Common stock, total par $25,000.00
Surplus
Undivided profits
Reserves (and retirement account for preferred stoftk)...ll...j|
Total Capital Accounts
Total Liatilities and Capital Accounts
MEMORANDA
Assets pledged or assigned to secure liabilities and
for other purposes
I B C. Wooldridge, President of the above-named
swear that the above statement is true to the best of mv
belief.
/&/ B. C. WC
CORRECT—Attest;
/s Mrs. B. C. Wooldrtdja
/s/ b. c. Wooldridge, Jr.
/s/ Sidney A. Wooldridg*
STATE OF TEXAS |
COUNTY OF ARMSTRONG | ss:
Sworn to and subscribed before me this 6th day of Oct.
hereby certify that I am not an officer or director of ' " "
/s/ Grace Wiegman, ft
Mention The Claude Newt Whit
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Waggoner, William J. B. & Waggoner, Cecil O. Claude News (Claude, Tex.), Vol. 64, No. [6], Ed. 1 Thursday, October 8, 1953, newspaper, October 8, 1953; Claude, Texas. (https://texashistory.unt.edu/ark:/67531/metapth356040/m1/3/: accessed July 9, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Richard S. and Leah Morris Memorial Library.