The Wellington Leader from Wellington, Texas on May 28, 1964 · Page 9
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The Wellington Leader from Wellington, Texas · Page 9

Wellington, Texas
Issue Date:
Thursday, May 28, 1964
Page 9
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Drake Receives Law Degree Gtus Drake, son of Mr. and Mrs. Clyde Drake, will receive his Bachelor of Laws degree at the May 30 commencement exercises of the University of Texas. There are 164 meiribers of the class, according to Dean W. Page Keeton of the law school. Drake is a member of Phi Delta Phi legal fraternity and his social fraternity was Phi Kappa Psi. He was eligible to write for the Texas Law Review at tihe end of his first year in law school. Mr. and Mrs. Drake will attend their son's graduation, and joining the three at a dude ranch at Wimberly for a few days wiH be other members of the family, Mr. and Mrs. Ben Donnel and daughter of Corpus Christi and Dr. and Mrs. John R. Beauchamip and baby of Dallas. VACUUM'S CLEANER—This vacuum chamber permits welding of space-age metals in a near-airless environment. Burbank, Calif., Lockheed engineer Frank Adgate demonstrates process, Why all the bother? Metals require a clean welding environment. THE LAW in Texas * A Public Service Feature by the State Bar of Tezaa AVOID LEGAL TROUBLES IN BUSINESS TRANSACTIONS Thinking of buying or building a new; home 'tflris year? Whether you buy a completed house or simply a lot to build on, how will you know whether you are receiving a good title to the property you purchase? The safest method is to have a title examination made — that is, a careful study of the abstract and other title evidence. Here are a 1 few of the common sources of trouble in real estate transactions to show why the minor expense of a title examination is justified. Many persons sign "earnest money contracts" believing they are mere receipts with no serious implications. In realty they may specify, among other things, the kind of title you must accept. A "warranty deed" from a responsible seller is a comforting itfiing to have but it is a poor substitute for a careful title examination. A 'Warranty deed does not guarantee a marketable title. Moreover, serious title defects may not come to light until long after the seller on a warranty deed is dead, has moved to an unknown address, or is bankrupt. Even if he is available, a good tit3e is much better than a lawsuit. The fact that the seller has possession of an "abstract" does not mean that ihe owns the property. An abstract is only a history of a title. Possession of an abstract no more indicates ownership of land than possession of a history of Texas means that you own the state. Some purchasers of land feel safe because the title is being examined at the time of purchase by an attorney for the mortgage lenders, or because a "mortgage" title insurance policy is being furnished. This seems logical but is a dangerous theory. The "mortgage policy" protects only the lender, and mortgage Qenders are sometimes willing to accept less than a good record title as security. This is sound business for them because, among otjier reasons, the chances are that the mortgage will be paid off so that no expense in perfecting the title would ever be incurred. However, it is risky for you when you are putting your life savings into the purchase. And even an "owner's title" insurance policy may not cover every possible defect, or the value of improvements added af- •^er purchase. These are a few of the reasons why a title examination is an important safeguard for you. When it is completed, the attorney gives you a written opinion stating his conclusions as to who owns the land, the defects in or charges against such ownership, and the requirements to be met, if any, to make good record title. Off-hand, this may seem a simple operation. In fact it is not. It requires the interpretation of numerous deeds, mortgages, wills, court decrees and , other instruments; the consideration of the order in which transactions and events affecting the title occurred; and the application of statutes and court decisions to the various situations disclosed in the abstract. The U.S. Army Signal Corps in 1907 offered to buy a flying machine that could travel at 40 miles iper hour with two men aboard. MEDIEVAL VIEW—Five-pointed, two-story restaurant nestled in the wooded area of Ruidoso, N.M., looks as though it might be something out of the dark ages. THE WELLINGTON (TEXAS) LEADER Thursday, May 24, 1964 Mr. and Mrs. J. I. Beeman and -Mrs. (Bob Sanders of Am-1 arillo visited with Miss Lavonia and Rufu® Shanks last Friday. Mrs. Bemice Welch is in For.t. Worth, Decatur and other points in that area to visit relatives this week. Mr. and Mrs. Vermm Peters of Vinson were in Lubbock during the week end to be with his sister, Miss Eula Peters, -wtho is still hospitalized after undergoing major surgery sdx weeks ago. Meeting them at Lubbock were their daughter and nephew, Miss Shirley Peters and Dennis Cucld of Canyon. Miss Peters, who formerly lived here, is also the sistei of Mrs. Earl Yerforough. Mrs. Hiram Cudd was in Lubbock recently for four days with her aunt, Mass Eula Peters, who is hospitalized. She is a teacher in the Wolfforth schools. Mrs. Everett Bell is home af- er a five-weeks vacation in OaMfornia, where she visited relatrives i<n San Jose, Salines, and San Motea. Mrs. BeN was accompanied home by her mother, Mrs. Ei,hel Jones of San Jose. Mrs'. Jones is now visit- ng in Amarillo, where Mrs. Bell visited for a few days. This was Mrs. Bell's first time to ride in a jet. Mr. and Mrs. Jess Motsenbocker Jr., and Jessica and Dana of Amarillo spent last week end with Mr. and Mrs. C. J. Motsenbocker. Mr. and Mrs. David Chase and Tim, Dan and John of Garland were here over the week end visit'mg Mr. and Mrs. James Sullivan and Phyllis. Mr. Ohase is Mrs. Sullivan's brother. Mrs. Dick Pendleton and girls and Jan McGill visited members of her family dn Wheeler. SEA SEARCH—As residents casually watch from their cars, workers on this 700-ton coal drilling tower search for coal beneath the sea near Roker, England. It's a big attraction for many tourists who visit the seaside town. NEWS OF MEN IN SERVICE OKLAHOMA CITY.— J. B. Stratton, son of Mrs. Kate M. Stratton of Michvest City, Okla. has been promoted to senior master sergeant in the U.S. Air Force at Tinker ABP at Oklahoma City. Sgt. Stratton is an aircraft maintenance superintendent in a unit that supports the Military Air Transport Service mission of providing global airlift of U.S. military forces and equipment. The sergeant, who is formerly of Clovis, N.M., is a graduate of Clovis high school. His wife is tihe former Bonnie W. Armstrong of Wellington. . Petition Asks FM Road for Precinct 4 A petition asking the designation of two farm to market roads in Precinct 4 was presented the Commissioners' Court in a recent meeting. Nolan L. Browning made the presentation, rejpresenitjing the 36 men and women who signed' the petition. The commissioners accepted the petition and ordered it filed for further consideration. The first of the two roads requested would begin at the Abra comer and extend westward five and one-half miles to the Hess corner. The other is proposed to begin at the Plymouth cemetery, southwest of Samnorwood, extend south one half mile, then east four miles to Highway 83. The petition stated that the roads would serve 40 families and are school bus and mail routes. In otiher business the commissioners issued an order to sell a 1951 independent dump truck to Allen Graves for $150; accepted the treasurer's quarterly report; approved 8$ per mile for actual miles driven by the tax assessor-collector in assessing 'taxes; made a tax adjustment and amended an item in the courthouse and jail fund The commissioners voted to sit as an equalization board on July 15. Trade Up Among the Americas Trade relations' among the Americas were greatly strengthened by favorable economic growth in the 10 years follow ing World War II, spurring de mands for U.S. agricultura products. Our agricultural exports to Latin American countries increased from the 1935-39 average of .$46 million to a $448 million average for 1950-54. Last year's exports were valued at $485 million; a third of this was Food for Peace. A diamond will turn if heated to 1GOO degrees F. HOLY MAN! Churchmen are considering opening a religious es presso coffee house in the thriving night ilife center of St. Louis, Mo. FIFTH SUNDAY SERVICES Beginning Sat., May 30 8:00 p. m. Continuing Thru Sunday Afternoon Lunch Will Be Served at the Church Sunday Special subjects will be brought such as: "What is taught in the Bible concerning the Kingdom of God and the Kingdom of Christ" "Can a Child of God so apostasise as to finally be lost in Hell." "To Whom does Hebrews 10:25 Apply?" "What does the Bible teach concerning the Trinity?" "What happens at the point of death of the individual?" This is a fellowship meeting of Independent Missionary Baptist Churches composing the Buck- creek Association. The Public Is Invited FRIENDSHIP Baptist Church E. E. Pitts, Pastor HOME WITH UW-COST H ELPERS FRO* THIS WEEK'S MAYTAG FOLDING DROP-LEAF TABLE MODEL A-100 SPECIAL ONLY STORM KING SCREEN DOOR CLOSER $198 TOILET SEAT WA«*3.49. PLASTIC HINGES (No. 16A) WATER SAVER Servess HAIR DRYER With case $995 HOME V GARDEN WHEELBARROW r 9, 15E) (UNASSEMBLED PRICE} Universal Steam - Dry IRON *6 95 BATHROOM SCALES White $395 UTILITY SPRAYER 3 Gallon PLASTIC For Air Conditioner :c SAFEY SWITCH AGITATOR ACTION P% v* Sunbeam Mixer Bowl Large size 36 inches long ©SCW, INC. "Famous for BULL'S-EYE^jgJ : 'GASTING with never a backlash!" FISHERY'S SHOP UNSINKABLE MINNOW BUCKET jeeco 202 Reel America's Lowst-Pticed Foolproof Spinning Tickle 202 Reei is not & cheap import, but made by Zebco to Zebco's high standards. Has stainless steel spinnerhead, nitrate hardened. Thumb control button. Anti- $11.90 Retail reverse. 2020 Rod is two-piece 5'3" fiber glass. Black nylon wrapping, precision ferrules. Cork handle, positive reel lock LIVE BAIT and MINNOW BUCKET (No. 2 IE). TACKLE BOX Reg. $3.95 This Week $995 £d WAS* 3.65 (No. 21F) THERMOS JUGS, 3 qts. CROQUET SET SET for 6 USUALLY •13.50 Bon-Aire Car Air Conditioner (No. 18G) 27 95 You can always Save at Steve Owens Supply so come in foaay.

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