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il MASON CITY GLOBE-GAZETTE MAY 5 1934 ,,.Â« , fllASUIN U1TI uiAJJor-u.ttAn.ij.Jc . . : FUND OF:. $100,000,000 AVAILABLE FOR BUILDING HOMES GOVERNMENT TO AID IN ERECTION OF NEW HOUSES Distributing Provisions Are Rapidly Nearing Completion. To quote in parr from Section 5, paragraph G of the Home Owner's Loan Act as passed by the seventy- ithird congress as a part of their recovery program: " . . . there is hereby authorized to be appropriated, out of any money in the treasury not otherwise appropriated, the sum of $100,000,000, to be immediately avail- FACXORX TO CONSUMER We Have Paint at the Price You Want to Pay THE B U L L PAINT CO. Phone 457 826 1st-St. S. W. Â§ LlKEAPAfNTSR why we use JL Dutch Boy white-lead paint . . . mixed right at the job to suit the surface of your house /. . tinted right at the job to match the color scheme you want. That is why the painting work we do lasts so long and looks so well. That is why our customers are satisfied customers. Let us inspect your home free of charge and give you . ;:an:estimate on needed Norman F. Anderson PAINTING, DECORATING : and WOOD FINISHING Phone 3636 Iron Fireman heating is safe, tutomatic, clean, modern, and very economical. Iron Fireman is the machine that made coal an automatic fuel Automatic coal fixing is revolutionizing healing in every kind of firing job from 250 H: P. boilers down to home furnaces; let us giye I you the interesting facts and figures." FIRESIDE FUEL CO. Phone 888 able and to remain available until expended." The primary purpose behind this appropriation Is to furnish a source of mortgage money for the prospective home builder and thereby do something about reviving a very sickened, saddened portion of our nation's industry--namely, the building portion. Owing to the fact that commercial banks and other lending institutions have generally abandoned or withdrawn from the real estate mortgage field--something had to be done. In Home Loan Act. The result was a provision incorporated in the Home Owner's Joan Act for the organization of 'ederal savings and loan associations to be established in communities where the home financing field is not adequately served. The charter of these institutions is to be perpetual. Its powers are designed to carry the home mortgage burden in each community by Â·he proper use (and under strict government supervision) of funds jathered by local subscription .to shares and supplemented by funds of the United States government Itself. . While this provision was created the same time as the Home Owner's Loan corporation, better known as HOLC, they are in no way connected. The Federal Savings and Loan associations are designed for permanency, while the HOLC is a temporary measure to care for distressed home loans only. So urgent was the need of distressed property owners throughout the United States for home mortgage relief, that all effort was concentrated in placing the pon- It's Time to RE-PAPER WE INVITE YOUR INSPECTION OF HUNDREDS OF NEW PATTERNS W.R.Mickey Ho. 103 SOUTH FEDERAL SHERWIH-WlLUMS The Amazing! Washable Finish! That Brings Lasting Beauty to Walls and Woodwork! SEMI-LUSTRE Ink'"ana" grease sjrots; pencil ajaA finger "marks, wash; off. Semi- Lustre witn soap and water. For kitchens, b a t h rooms, etc. 12 Shades Quart SPECIAL 89o SHERWIN-WILLIAMS PORCH AND DECK PAINT D o n ' t hesitate. Paint your porch now! 5 popular colors, dÂ» 1 quart NOTICE TO HOME LOAN APPLICANTS IMPORTANT--Home owners refinancing their home loans thru the TT. S. Home Owners Loan Corp., have the privilege of specifying Sherwin-Williams Quality Paints (or painting their homes. See us for complete information. L.A.MOORE LUMBER CO. 629 South Federal Phone 119 Your Heating System ... should be cleaned and examined after the heating season. Soot, breakage of cement,, possible breakage of parts, and leaky smoke-pipe are injurious to health and costly in fuel. Prices are lower now and parts can be. secured quickly. Let us do this work for sou NOW and secure your Comfort with Economy next Winter. KELROY FUEL FURNACE CO. Phone 441 137 Fourth Street S. W. OLD ROOFS Repaired--Recovered--Replaced NO JOB TOO SMALL or NO JOB TOO LARGE Ask about our Finance Plan J P H O N E 4 5 4 for Estimates Mid-West Roofing Co. 316 Fifth Street S. W.. . Mason City derous HOLC machinery in motion. Now that'it is gaining momentum and welcome relief is reaching all arts of the country, there is time .o turn our attention to the mechanism of this other great machine which should do much toward pull- tag the badly mired building busl- s from the muck of melancholic despondency. Subject to Rules. Under the Federal Saving and Loan, association's conditions, loans or new home construction will not be made direct to the borrower. Funds will be available through ocal "Federals" set up in accordance with the requirements of the government. Each approved association shall automatically become a member of the Federal Home xan bank and be subject to its rules and supervision. The local "Federal" shall raise ts capital in the form of payment m an authorized number of shares and by government subscription to (referred shares. Under the condi- ions set forth in the Home Owner's Loan act, the government will match dollar for dollar with local subscriptions up to a total of $100,100 for each chartered member of the Federal Savings and Loan association. The local association is to be a mutual organization operated by officers chosen by local share holders. No charter is to be granted without a thorough investigation of Jie person or persons making the application; nor will it be granted unless in the opinion of the government officials, there exists a real necessity for such an institution in the community to be served. The actual procedure of making a ioan will be practically identical with the custom now followed by most Building and Loan organiza- ions. Appraisals will be made and ie size of the loan determined by ocal officers of member associa- ions. The loan itself will be a long :erm type of loan, amortizing, in most cases, monthly. No one loan can be made for more than $20,00,0. Interest to Vary. A definite rate of interest has not been established for it will vary 11 different communities. It will be determined largely by the supply or volue of money available and the demand for loans. However, the ob- iect will be to make the rate as ow as possible and yet produce a 'air dividend for the investing share lolder. Salaries and operating expenses will not be allowed to be excessive or the association is to be regarded .s a community project. The advantages of the. plan are wo-fold, first, it gives the' investing public confidence in a local in- titution, for the government's presence and supervision insures safety. Second,-it gives the borrower who wishes: to build a home a source of rioney for this purpose, i-. ...... . Â·;. 'Â·Â·Â·-Â· That such a plan is needed is bo- nous, for heretofore many excellent eal * estate mortgage loans have ;bne begging for a lack of available unds. Then too, a hundred million dollars worth of government money supplemented by one hundred mil- ion dollars worth of private money can't fail to have a recuperative effect upon a weakened phase of our nation's industry. Hopse Is Larger Than It Looks Four Bedrooms Are Provided in 26 by 48 Space CERROGORDOAUTO LICENSES ISSUED DURING PAST WEEK Lehigh Portland Cement company, Ford coach. W. C. Carroll, Clear Lake, Ford coupe. Margaret Kelroy, 214 Sixth street southeast, Plymouth coupe. E. L. Meyer, 1301 Adams avenue northwest, Plymouth coach. Burr Miners, 118 Eleventh street northeast, Buick sedan. Sam Woldman, 914 Adams avenue northwest, Chevrolet truck. Mason City Bottling company, International truck. Joe Cberal, Mason City, Plymouth sedan. Champlin Refining company Ford truck. J. W. Davies, Plymouth Hupmobile sedan. Kenyon's Dairy Products com' pan, Clear Lake, Dodge sedan. T. S. Veech, 524 Second streel southwest, Chevrolet truck. Bankers Life company, Chevrolet coach. Mason City Baking' company Ford truck. R. W. Baumgartner, 1118 Fourth street southwest, Ford coach. International Harvester company International truck. George Brunner, Clear Lake Chevrolet truck and sedan. S. R. Chevrolet company, Chev rolet coupe, sedan and truck. This house looks much smaller than it really is. In addition to generously sized living quarters, four bedrooms are provided with over-all dimensions of only 26 by 48 feet. The front gable is not only most important to the appearance of the house; it contains the front entry and the stair, and the bathroom attached to the downstairs bedroom as well. The living room occupies the center of the plan, opening on. one side into a good-sized dining room, and on the other upon a sheltered porch. At the right, in front, is a bedroom; the correspondnig- position at the eft is given to the kitchen. The architect has provided three bedrooms on the second floor, the middle one especially interesting because the bay window in the living room runs through, and forms the chief point of interest for the master's bedroom. Stone is used for the front gable, and stucco in coral or light sienna for the remainder of the house. The roof should be slate in grays ranging from the blue gray to sepia gray. The canopy over the front door should be of metal, either bronze finished or in green copper. Red brick, mixed with a few purples and red browns, are used for the chimney. Cost of the house would probably be about 57,000. MODERN MASON CITY HOME The new home of Dr. and Mrs. H. E. Cunningham, 60 Crescent drive, incorporates virtually every feature of modern construction and design. Air conditioning is one of the chief improvements installed in this home. There are hardwood floors throughout, including the recreation room in the basement. Arne Holvig was the contractor. Old Doc Wire probably regards himself as a brain trustbuster.-Dallas News. Our great institutions of learning now teach every art except the ar! of living.--Davenport Times. Mrs. Mary Phillips Is Buried at Charles City Funeral services for Mrs. Mary Phillips, 86, who died at her home, 412 Sixth street southwest, Thursday, were held at the McAuley funeral home Saturday morning. The Rev. A. W. Schmidt, pastor of the Free Methodist church, was in charge of the services. Burial was at Charles City. Mrs. Oscar Heinold and Mrs. Everett Kirby sang, "The Old Rugged Cross" and "Home of the Soul." Mrs. A. W. Schmidt accompanied them. pallbearers were E. W. Marshall, H. C. Bailey, H. W. Sykes and Lawrence Tredo. You can say one thing for the game of postofficc. It didn't take Culbertson ballyhoo to make people like it.--Kessinger's Review. When you BUILD or REMODEL . .. USE P A I N T S R.S.Shepherd PAINT and WALL PAPER 5 S, Commercial Ave. Motor Repairing By Men with Years of Experience New and Used Motors Bought and Sold Zack Bros. ELECTRIC CO. I Second St. S. W. See Savage for Wall Paper For 50 years C. B, Suv- njre Jius been selling \VaI! Taper In Mason CJty. Ho has bis variety of 193-t patterns. Priced to please. Now located at 319 Jforth federal, across the street from Buick garage. Side entrance. C. B. Savage REMODELING OF RESIDENCES HAS BIG POSSIBILITIES Small Change May Add Much to Life and Livability of Home. Up to 1930 this country was so lusy building new homes that no attention was paid old ones. After a forceful and emphatic collapse of this construction activity, a badly dazed building industry picked itself up, brushed off a little dust and started looking . around for soine- hing to replace the profitable per : od just preceding-. The phase chosen for the comeback was modernization. From that point on, home owners were beset with propaganda in the form of li- :erature, advertising and "before and after" pictures to make you dis- ontented, dissatisfied and thorough- y unhappy with your present abode. Good and Bad. The results were both good and bad. From it all we. learned one outstanding fact--that the possi- ilities for remodeling were unrestricted and no matter how hope- essly ugly the project, if properly laudled, an attractive result could be obtained. Unattractive houses, despaired of by owners, were transformed into attractive architectural gems by the magic touch of clever men. Possibilities unseen by :he layman were at once discernible to the trained eye of the expert. The transformation was not always an expensive one. More often :han not it was accomplished Lhrough some simple action the most modest budget could afford. Replacing Porch. Such simple work as replacing an unsightly' porch with a modem terrace; a nondescript doorway removed in favor of one of authentic design; rattly, old windows gave way to new ones with divided lights; nexpensive shutters added; bulky, overhanging cornices cut down; foundations concealed; attractive shingles placed over worn, decayed siding:; perhaps a new roof was added with a more interesting pitch ;o it; hundreds of things done to add to the general attractiveness and livability of the home. The possibilities for such improvements are limited only by the amount of money available for such work and the experience and ability of the person directing it. That it pays has been proved beyond doubt, for not only does it add Â·o the life and livability of a home but it does so at much less expenditure than the cost of a new one. German Worth-SlS.OOO If a human being possesses full working powers he is worth from $10,000 to 513,000 to the German government. So declared Dr. Reiter chief of the German Health Office in an address at a recent meeting ol the Nazi Doctors' league in Halber. stadt. He emphasized that doctors should treat their patients accord ing to their valuta to the state. VERT BEST OF PLUMBING INSTALLED by J.F.GARVEYCO. PHONE 158 FIRST MORTGAGES On Mason City Homes 6% Investment--TOD Know It's Safe BONDING INSURANCE SAFE DEPOSIT BOXES Mason City Loan Investment Co. Ground Floor ML B. A. Bldg. W. L. PATTON, Pres. Build for Permanency and Comfort use DENISON CLAY PRODUCTS MASON CITY BRICK AND TILE COMPANY Callor See J.C.Puth Co. 203 i/i N. Federal Phone 98H Railroad News Beginning May 20 a change in ime will be made on the Chicago, lock Island and Pacific railroad. 'rain No. 59, which leaves Mason !ity at 12:22 o'clock in the after- oon, will leave approximately at 1 o'clock. The train-will leave Des Moines at 7:05 o'clock In'.the morn- ng and will arrive at St. Paul at :15 o'clock in the afternoon and t Minneapolis at 2:50 o'clock. N. P. Hoover, trainmaster, F. B. Blodgett, chief dispatcher, J. W. Hird, chief clerk, P. D. Gustafsen, gent, and F. G. Eggleston, road- laster, of the Chicago and North Western railroad, were at Tracy, Minn., Friday attending a safety meeting. Earl W. Webb, Des Moines, dis- rict claim adjuster for the Chicago,Milwaukee, St. Paul and Pacific ailroad, visited at the division of- ices of the road Wednesday. Jess O. Shortall, Minneapolis, general agent, and-Fred W. Kuhn, Chicago, general freight agent, for the Monon route of the Chicago, ndianapolis and Louisville railroad, ransacted business at the Chicago Ireat Western offices during' the week. E. B. McCollocb, Davenport, traveling freight agent for the Baltimore and Ohio railroad, transacted msiness at the local offices of the Chicago, Rock Island and Pacific 'ailroad during the past week. M. J. Boyle, superintendent of the Chicago and North Western railroad, transacted business at Boone Monday. L. M. Allen, district manager of :he Western Weighing and Inspection bureau, Minneapolis, transacted business at the offices of the Chicago and North Western railroad Wednesday. Peter J. Rose, Kansas City, Mo., raveling freight agent for the rrisco lines, transacted business at :he offices of the Chicago, Rock Island and Pacific railroad Monday. Supt. W. F. Ingraham and Division Agent H. W. Wuerth of the Chicago, Milwaukee, St. Paul and Pacific railroad, returned Friday from an inspection trip over the vest end of the division. M. J. Pannell, Chicago, traveling representative of the Missouri Pacific lines, transacted business at he local offices of the Chicago and North Western railroad Thursday. Carl C. Bradley, Omaha, division assenger agent for the Chicago, Surlington and Quincy railroad, :ransacted business at the offices of the Chicago, Rock Island and Pacific railroad during the week. C. S. Stevens, Des Moines, traveling passenger agent for the At- chlson, Topeka and Santa ,Fe railroad, transacted business at the offices of the Chicago, Rock Island and Pacific railroad Wednesday. Mr. and Mrs. H. Graelin visited their daugb^T at Whittemore and friends at Fenton thU week. Mr. Gmelin is telegraph operator at the Chicago and North Western railroad. L. 0. McMeekin, Omaha,' traveling freight and passenger agent for the Denver and Rio Grande railroad, transacted business at the offices of the Chicago, Rock Island and Pacific railroad Wednesday. 29 Lose Lives In Iowa. DES MOINES, May 5. UP)--Automobile accidents in Iowa took a toll of 29 lives and resulted in injuries to 876 persons during March, the secretary of state reported. RUGS DRAPES CURTAINS Skillfully Cleaned Phone 788 or 789 Beautify Your Property with Henry Field's TREES HEDGES BULBS PLANTS VINES SHRTJBS Henry Field Seed Store 514 South Federal--Mason City WE'LL HELP YOU CUT YOUR F U E L BILL! +S+ff-Â·**Â· *^+r FIX IT' W.J.DALY CO. Plumbing and Heating 32 2nd St. N. E. Phone'2-15 *]J Do you know that A Falrbanks- jl Morse Automatic Stoker may cut your coal bill as much as 45%? And further, one of these stokers will give you healthful, even heat all winter lonir. Fill the hopper once a day and '0 MORE SHOVELING. Convenient purchase terms! Call as and arrange for one of our heating" experts to explain It all to you, CHAPIN-O'NEIL COAL CO. Phone 1606 302 S. Monroe For Permanence . . . . Beauty and Stability use Washed, Screened and Sized Sand and Gravel. THREE GRADES OF SAND--FOUR SIZES OF GRAVEL IDEAL SAND GRAVEL CO. PHONE 551 Â· Tree* Â· Plants Â· Hedges Â· Vines Â· Bulbs Â· Cactus Low Prices at JOHNSTONS FLOWERS Phone 223 10 First St. N. W. "How We Got That Way" --by Wyatt Started 13FTTIN6 TMÂ£ GREAKS" . TH 1C EXPRESSION \ CABLY MOTORIST COLLIDED WITH A DYNAMITE WAGOft IfE LOST HIS CAtt BUT H GOT TH QUAKES " Henkel's Ready Mixed Con 1 crete comes prepared for 1 ing, Because of its quality gredients and proper mixing, 1 , better results are afforded. Very reasonably priced!' HENKEL'S READY-MIXED CONCRETE PHONE 2636 from the Folks who have tried This New Method of Re-Roofing prove that it is practical, economical and highly satisfactory in every way. By tKc "RED CEDAR METHOD" the new roof of Red Cedar Shingles is laid right over the old roof. Home owners write: "Upitaira 12 to 15 degree* warmer in. zero weather.** "Houst easier to keep warm . . . also cooler in summer." " Wouldn't have any other kind of roof 0 , . Your claims in no way exaggerated." Illustrated descriptive circular on request FULLERTON LUMBER CO. FRANK SIEI.HJS, Manager 15 Fourth Street S- W.