davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-15
Protect the Borrower.

Laws in the courts now have the
very decided tendency toward protec-
ton of the borrower, and in some sec
ions of the country it seems they al
most have gone too far with the enact
ment of laws protecting them beyond
any reasonable necessity. Such at
tempts at protection. however, usually
react to the detriment of the borrow
er, because the more conditions and
restrictions that are imposed, the
FEWER people are willing to lend
money. We are not incumbered in
this District with any offensive mort
gage legislation, the very simple deed
II trust being the matter in which a
cebt is secured on real estate, which
Is an absolute conveyance of the legal
title to the property to trustees to
anerely remain vested in them in a
passage way until some default &C.
ours. Then they have summary pow
, ers of sale after public advertisement
IN the newspapers, period of such ad-
Vertisement being quite definitely fixed
by custom at 10 days.
This might possibly have to do with
the plentiful supply of money here for
investment in real estate loans, all of
which can be well understood when it
IS remembered that in some of the
states the holder of the debt which is
in default must go into court and
serve all of the parties in interest, get
them before the court. In many cases
the defaulting borrower can, by TAX
ing advantage of all of the laws de-
lays, retain possession of the property
for, in many cases, one year. and in
some cases two years.
In so far as first mortgage loans
are concerned, the chief sources open
10 borrowers in this District are about
as follows, the volume handled by
each indicated by the order in which
they are named: Mortgage bankers,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-15
BOWIE DISCUSSES
DEEDS OF TRUST
Modern Systems Eliminate
Many Hardships, Students
of Real Estate Told.

The modern systems of deads Of
trust and mortgages have eliminated
many hardships that were inflicted
upon borrowers under o!d-time prac-
ices OF foreclosures, G. Calvert
sowie declared ia his lecture on real
state financing before the regular
weekly class in real estate at the
Y, NJ. G. a
tPointine out that the financing of a
zeal estate transaction was its most
Important phase, To purchaser. seller
md real estate agent alike, Mr.. Bowie
Ook mp the dehnation of mortgages
nd deeds Of trust. the sources of
mortgage money. work of building as
.ociationS. procedure. description of
and contracts, matters of appraisal,
etc.
NJ. Bowie's lecture. in part, follows:
mortgage during the days of it's
a0ES history was an absolute convey
ance of property to the party lending
the money, the borrower merely re-
serving to himself the right to redeem.
~ take back title to the property upon
performance of his part of the CON
-fact. with repayment of the amount
3Orrowed.
The evolution of mortgage. how
yer, has resulted in much more con-
enient and satisfactory forms, in
many instances changes having been
Influenced and required by the enact
nent of laws in the various States
Resembling what form they should
Ia Ike
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-15

life insurance companies, trust COM
panies, building associations, savings
banks and national banks.
Mortgage bankers or brokers re-
ceive most of the applications due to
ence to both the borrower and the
lenders. They are the type of middle
men that bring the producer and
ultimate consumer more directly to-
gether. Loans SO arranged are usu-
ally in this District made for term
of thTee years, and on new properties,
assuming that there have been no
radical changes in valuations or finan-
cial conditions, usually renewed for
one, sometimes two additional terms
of three years each.
Used for Larger Loans.
Life insurance companies funds
are used to take care of the larger
loans and generally are placed on the
more preferred type of risks. They
are usually for longer period, carry
ing annual amortization or payments
frequently waived until after the ex-
piration of the third year. The secu-
rity and manner of payment by the
borrower being satisfactory, it is an
almost unheard of thing for them to
require payment of principal. Even
during a catastrophe, such as the in
fuenZa epidemic, when death claims
q ggregating many millions had to be
paid by them, / know of several COM
panies who boast Of the fact that they
did not call a single mortgage loan.
During the house shortage brought
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

most modern machinery. Grape
fruit only will be- canned during the
early part Of the season, but the
plant is also being equipped 10
handle all kinds az vegetables during
the late winter and early spring.
Mr.. Lowrie left the first of Octo-
Der for Canada where he made ar
rangements for the disposal OF prac-
tieally the entire pack Canadian
brokers are much interested in the
proposition Of supplying the Canad-
ian markets with canned grapefruit.
Shipments viii also be made 90
California and other west coast
states where q demand has already
been created for the canned fruit
"Canada il 80 distant from the
Valley that is is almost impossible
to supply her with fresh grape
fruit" Mr.. Lowrie said "They have
found the canned fruit very much in
demand, and the demand Ia constant
" increasing. In a few years Canada
will be one Of the Valleys best mar
kets, but practically all the fruit
must 20 in al This will in no way
interfere with the market for fresh
fruit, a. very little fresh fruit can
be shipped 50 far"
The Lower Rio Grande Valley can
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

never attain maximum prosperity
until canneries are established 60
take fare Of the surplus production
OF the Valley farms, Mr.. L0wrie be-
lievea- lie urges the establishment
OF canneries 20 handle the produc-
tion that cannot be disposed Of at q
profit i'm the fresh state, asserting
that every pound OF vegetables or
fruit sold to the eanneries would re-
present additional profits for the
growers. -The canneries cannot at
ford to pay the prices that prevail
for fresh fruit and vegetables when
the markets are good" he said, "but
when the market slumps the farmers
are sure Of getting a profit on their
production by selling 20 the Gamer
les. The canneries would virtually
be an insurance against serious loss
TO the growers"
Canneries at MeAllen, San Juan
and Olmito last year put out several
cars OF canned grapefruit, and found
a ready sale. The 0lmito cannery
shipped most OF len products TO Cal
ifornia, and q good demand has been
created on the west coast. Several
large shipments were made Co Can
ada, and the demand there exceeded
the supply. The am condition viii
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13
Marke- Reports For
Valley Are Assured

The market news service which has
been maintained in the Lower Rio
Grande Valley the past two years,
will again be operative in the 1928
vegetable shipping season, according
to given recently by
George B. Terrell, secretary Of agri-
culture.
Following the veto OF part of the
agricultural budget by Governor
Moody the report was disseminated
throughout South Texas that the mar
ket news service would be discon-
tinued. The matter was taken up
with the agricultural department by
the South Texas Chamber Of Com
merce and the assurance received that
there would be no cessation or cur
tailment OF the service.
The market news service has prov
ed Of great value 70 South Texas in
~terests, growers and shippers state.
Il has maintained close contact with
all central market points, and its
daily reports on loadings and destin-
atoms has proved an important factor
in securing maximum distribution Of
Valley production.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

Markets for Valley grape fruit
will be more extensive this year,
and the fruit will be in greater de-
mand throughout the United States
than ever before, is the prediction
of shippers and jobbers who are
handling the Valley products. Many
cars Of Valley grapefruit were ship
ped into new territory last year.
with the result the "missionary"
ri have created a demand that
will exceed the Valley supply.
Fruit dealers throughout the mid
die west and also in the eastern
centers are sending numerous in
quiries 10 Valley shippers relative
to the possible supply, and indicat-
ing that they can handle double or
treble the quantity received last
year.
Shipments fA1m the Valley, due 70
the unfavorable weather conditions
in the early spring. will not be much
heavier than last season. The fruit,
however, Is Of better quality and has
a better appearance. due to the more
extensive sprying of orchards and
the o general adoption OF proper
cultural methods.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

lev which have used the tile or brick
products from Brownsville ares Ray
mondvilIe, City pumping station and
three large residences; Weslaeos
Graham Skagrs apartment, Graham Al
Moore store, and six residences; Nc
Allen, Lilies store, Chamber Of Com
merce, Yoder Chevrolet garage,
Strong's Star Pharmacy Richmond
Plumbing Co.; Lyford, Redlund &
Vasberr store, ]. r. Holcott store,
Swedish Lutheran church, Struthers
store, and three residences; Edin-
Co, Tiffin store; Santa Rosa, Sihson
garage. WiIcoxen block. Weshburn
store, Nixon store; La Feria, Hunt a
Son store, Anderson residence; OIL
mito, Pitt Bros. Co., nursery, Eagle
Pass Lumber Co., Butx filling station,
Olmito Cafe, Strickland Store; Sc
bastian, two residences; Los Fires
nos, Engler garage and n residence
Donna, Ireneo dc la Cara store;
Mercedes, MondraRon store; Elsa,
Kelly store.
Homes or Maximum Comfort
"Cement stuceo over hollow tile Is
a construction that appeals more and
more to those who know building
values" Mr.. Stokiey. manager Of the
Valley Clay Products company stated.
at IL rich in beauty and provides q
real, investment with a low initial
cost and no cost of upkeep.
Builders who obtain the facts be-
fore going ahead are realizing that
hollow tile construction gives the
maximum comfort in both summer
and winter. Refreshing ccciness in
spite of midsummer heat is assured
because Of the insulating qualities Of
the hollow walls. Dead air Is known
as the best form Of insulation 70 the
passage OF heat This protecting
blanket keeps out the heat Of the
summer and keeps In the generated
heat in the winter.
Homes and commercial buildings
need not be large or pretentious, but
wise investors will see 10 II that they
build with permanent materials and
endeavor 20 see that their buildings
are well constructed. One builds a
home for all time. Home builders
who use proper foresight do not
build upon the sands"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13
IMPROVEMENT
WORK IN dist.
NO. STARTED
Los Fresnos System to
Provide Adequate
Drainage For All
Lands In District

Approximately $150,O00 will be ex-
pended BY the Los Fresnos irriga-
t1on district this year in improve
ment Of it's system. including a drain
age program that will require the
expenditure Of $65,000. The improve
ments were financed by a bond issue
voted IN July and work il already
underway.
improvements On the irrigation
system will include a new concrete
4lume over the Rancho Viejo resaca
20 replace the wooden flume which
has served the district since the con
struction Of the system. River pro-
lection work for the pumping plant
Is also necessary, and the district
will also purchase a drag line xca
vator 20 facilitate the cleaning of
It's canals and handling the drainage
work. Other items designated In
the bond election call were an office
hnilding and the construction Of
eheck gates for the entire system.
The district has taken in several
small tracts the pGst year, but the
pumping capacity is adequate to care
1er a much larger acreage. The
river plant il now equipped with
two 36-inch pumps and n 48-inch.
Improvements Of the past year in
clude the electrification Of the Sec
ond lift plant where q 225-h. p. mo-
tor was installed.
Extensive Drainage Project
Construction of bitches TO supple
ment the present drainage system is
now underway. and il Is the plan of
the district 70 adequately drain every
acre. Some of the lands in the Los
Fresnos section have been menaced
by seepage and surface waters, and
district officials are confident that
when the present program is com
pleted the drainage problem for the
entire area served by the district
will have been solved.
Excellent outlets are provided BY
the main dhches Of Cameron Coun-
ty Drainage Districts Nos. /, 3 and
Z, all OF which serve certain portions
Of the tract. All borrow pits and
lowlands will be connected with
these bitches either by pipe or open
bitches. and these drains will be
carried into every part Of the dis
trict.
Completion OF the drainage pro-
ject is expected to bring practically
the entire district under cultivation,
and viii materially enhance the pro-
d~uctivity and value Of several thou
sand acres.
Another factor In connection with
che improvement plans is the fact
that large areas included in the dis
frict. which heretofore have been
isolated from markets. will hereafter
be served BY the Southern Pacific
extension from Harlingen to Browns
willie and the paved highways from
Barreda. which will traverse the dis
trict from east to west, and from
Brownsville. which will extend al
most to the center Of the district
along the east line. Construction OF
dirt roads throughout the northern
Part Of the district Is also included
IN the countvFs program and will
hasten the develownent Of large
areas.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

Mrs.. FLORENCE ]. scotE supeFlh-
s.ndent Of schools in Starr county,
40 effected n complete r~ecrganisa-
Ear az the school system, with Rio
srnnde City organized IS an inde-
@@~dent district. A large conscli-
S~frd school has been erected In
1~ San lsidro district in the north
snslrrn part " Tia county ~ \ cost
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

Continued from page one)
Care Is taken in handling the hay 20
assure that IL will find q ready
market, and il usually sells around
$50 per ton. baled.
Hay II one Of the surcst and most
profitable crops the farmer can
raise" Mr.. Whittlesley said. There
Is always a demand for good hay.
4. IL true that losses are occasionally
sustained when rains fall before the
hay Is stacked. but losses from this
source in the Valley are small rom
pared with those sustained BIZ hay
growers in other parts or the
country whose hay crop generally
natures about the middle az the
rainy seasoa."
Mr.. Whittlesley has a large half
shade on his farm. which he utilizes
during the summer for the growing
OF vegetables for the local market,
and during the fall for raising cab
bage and tomato plants. He expects
20 double his half shade next sea-
son and install overhead irrigation
which will assure big production or
those vegetables which age too
tender 70 Withstand the warm sun
shine Of the VALLEY SUMMERS
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13
Secure Excellent Faculties

A factor which has contributed
very largely TO the development OF
the Valley schools and the high
standing they have attained has been
the fact that the schools have been
placed in charge Of faculties on the
highest class. Ten years ago Valley
school boards experienced great diff
ficulty securing teachers. In recent
years they have received double and
treble the number Of applications
they could accept. Educators from ali
parts Of the United States have been
attracted TO the Valley BY the facili-
ties provided for educational work,
the excellent climatic and living
conditions and the further fact that
Valley school boards have provided
salaries attractive TO educators Of
that class. Men and women of the
highest educational attachments are
in charge Of the schools in both the
cities and rural districts. ard the re-
suit has been the building up Of 4
harmonious. efficient system which
has made the Valley very attractive
for prospective residents VINO nave
children of school age.
One OF the outstanding features
"a tHt fatlty NNNooAc ~ the pef4tct
coordination. the harmony. which ex-
lists o only in the Individual dis
tricts but throughout the entire
Valley. TIE Valley Superintend-
ent's Association. composed Of the
heads Of all Valley schools. has es-
tahlished a uniformity and also q
spirit Of cooperation such as is sell
dom found. The Valley teachers
are also organized for the solution
Of mutual problems. and throughout
the entire Valley they have headed
the aggressive movement 70 main
tain the Valley schools upon the
high plane that has been attained.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13
Rio Hondo to Have
Good Water System

RIO H0ND0, Texas.-Rio Horde
will have m highly efficient wntrr
system when the work now unde--
way is completed, members Of IN.
city commission state. The purrhnr
of the old system and construction
OF additional facilities was financed
hy the bond issue voted August 8n.
providing ample funds FOR the ir-
s~tallatior of . system that will prove
ADEQUATE to serve the rapidly A.
ve1opinR community. All plans frr
the system had been completed prior
10 voting the bond issue. and work
was started as soon aa funds were
Available.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13
PHARR GETS
Big CANNERY
Grapefruit to be Can
ned to Supply Can
adam Markets

Canada and England will provide
an almost unlimited market for
canned grapefruit from the Lower
Rio Grande Valley, is the opinion Of
c. r. Lowrie Of the firm Of Lowrie e.
Aiken. who are completing a large
canning plant az Pharr. The plant
was erected and equipped at a cost Of
SIS 600 and will have u capacity Of
4 o 1000 cans Of grapefruit per day.
when operating with two working
shifts.
The entire plant is electrically
operated and is equipped with the
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

Aid TO VALLEY
Voting Of Bonds in Ma
tagorda County Fl
nances Another Link
In Valley Highway

Another link in the "hug-the-
coast highway, which will connect
Brownsville and New Orleans, via
Houston, will. be closed when the
highway program launched last
month in Matagorda county is COM
pleted. This will leave a gap Of six
miles in Jackson county, and the
forty-miIe stretch in kennedy county.
The former will be financed inn
mediately, Jackson county residents
state. and financing Of the kennedy
county section is expected 70 fall
upon Cameron. Willacy. Kleberg and
Nueces counties.
Matagorda county recently voted q
$4,000, 900 road bond issue. and
in addition to the main highway
across the county will construct q
complete system Of feeder roads The
program includes approximately l6I
miles of paving Of which l22 miles
will Be concrete. This will include
90 miles OF 1s-foot main highway and
90 miles of o-foot feeder roads. and
approximately 40 miles Of lS-foot
macadamized on shell.
Gives Direct Connections
The highway, rs at present OUT
lined, runs from Houston to Angleton,
Bay City, Palacios, Port Lavaca,
Tivoli, Refuric, R~ockport. Arkansas
Pass, Gregory, Corpus Christi, Robs-
town, Kingsville, Riviera, Raymond
Vile, Harrington, San Benito TO
Brownsville. Practically the entire
route has been paved or financed
with the exception of that section
through Kennedy county and the six
mile strip through Jackson county.
Completion Of this highway pro-
ject will give the Lower Rio Grande
Valley direct connections with Hous-
ton and the entire upped Gulf section.
| connecting with the Louisiana system
Of highways and thence east to the
Atlantic seaboard and southeast TO
Florida. This is expected 70 divert a
large part of the Florida tourist traf-
fic from the central and western
states TO the Valley.
Want Valley Connections
In the bond election campaign in
Matagorda county emphasis was plac-
ed upon the fact that the highway
would be a link in the tourist route
10 the Lower Rio Grande Valley. 1t
was asserted that the coastal highway
would eventually become one or the
main tourist arteries Of the United
States; that the Lower Rio Grande
Valley was each year attracting more
tourists, and that the opening Of the
! coast route would divert large num-
hers OF tourists down the western
Gulf coast.
Residents Of the Louisiana and
East Texas cities fully appreciate the
part the Lower Rio Grande Valley
will play in the development Of tour
ist traffic, and they are making every
possible effort to complete the coast
al route. Many Of the coastal resorts
from Corpus Christi north are being
developed upon the strength Of the
coastal connection with Lower Rio
Grande Valley points az interest, and
il IS generally recognized that unless
this connection Is obtained western
Gulf coast can never divert south
ward in any appreciable numbers.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-13

probably exist this year, bus -.
Pharr cannery will devote prmrtirnf-
ly les entire production 10 huildirr
up the Canadian markets.
Products OF the Pharr plant win
be shipped under the Star hrarH
and in addition to grapefruit \ fu1i
line Of vegetables will he placed IN
the market by the firm.