Brady can ay for new lake easily, citizens told

December 6-9, 1960 Brady should nave no trouble in paying for its new lake on Brady Creek, taxpayers attending a mass meeting Tuesday night in Brady High School auditorium were told. “We think it is easily within your financial ability,” said C.M. Smith of Abilene, vice president of the First Southwest Company, Brady’s financial advisors on the project. Smith said his company had made a thorough study of the City’s financial structure, drawing up schedules of expected revenues, and providing for reserves in case of emergencies. “You are not pledging anything but your water revenues,” he emphasized. The bondholders can never make any claim on tax money or on profits of the City’s light plant. “We think each utility should stand on its own feet, and that’s why we put the entire cost on water. You can make your bond payments out of your water system, and still have enough remaining for an emergency fund. Smith was one of the series of speakers presented to the taxpayers. The speakers outlined details of the project, answered questions and urged approval of $1,485,000 in bonds in the election Dec. 20. Despite rain and chilly temperatures, about 200 persons showed up for the meeting. Hardin Jones, vice president of the Brady National Bank, presided and introduce the guests on the stage: Bill Cobb, P.L. Ulstad, D.A. Harkrider, G.C. Kirk, all former mayors; Mayor R.M. Priesmeyer and Aldermen Louis Bierman, Aubrey Townsend, Wayne Ferguson and John Rudder, City Supt. James Feazelle; Soil Conservationist Clifford Powell, Marvin Nichols and W.L. Eeds of Fort Worth, the City’s water engineers, Dr. B.A. Hallum, Jr., Leo Oates, C.P. Rockwell and John Sloane, members of the Water Board, the Rev. J.J. Jordan, the Rev. C.L. Grimes, Frank Roddie and Bert Hughes. “I’ve worked on many projects like this, but I’ve never seen men as interested as they have been on this Brady project,” said Smith, the financial advisor. “And well they should be!” Smith remembered how a few years ago a little town of Aspermont tried to build a lake, but the bonds failed because people said that “our wells will always supply us.” “The wells failed, and Aspermont had to haul in water in tank cars at $7.50 per thousand gallons. “People everywhere want water,” he said, mentioning how a group of Plains towns recently voted to go ahead with the Canadian River project and how Abilene, Breckenridge, Albany and Anson let a contract last week for a multi-city lake. “You are lucky indeed on your interest rate on this project,” Smith told the Brady taxpayers.” It would cost you twice that much from private sources.” * * * Lohn gridders cited in All-District lineup The Lohn Eagles placed Terry Mitchell on the first team and Taylor Solsbery on the second team this year in the six-man All-District selections. The selections were made by the district’s coaches. Ivey Cole of Brookesmith was chosen to represent the district in the all-star game at the six man coaching school next July in Abilene. Lohn’s Solsbery was named alternate. Mitchell is a 151-pound senior end, and Solsbery is a 150-pound senior fullback. Mozelle won the district championship this year and then was eliminated in the bi-district by Wall, 46-18. The all-district teams are as follows: FIRST TEAM Knox Pittard of Mozelle, Ivey Cole of Brookesmith, Glenn Horner of Brookesmith, Jim McEwen of Talpa-Centennial, Don Steward of Mozelle and Terry Mitchell of Lohn. SECOND TEAM Taylor Solsbery of Lohn, Tommy Kirby of Novice, Wayne Adams of Brookesmith, Dave Dobbins of Talpa-Centennial and Larry Saverance of Novice. * * * C-C Manager quits for sake ‘of harmony’ Roger Wheeler this week announced his resignation as manager of the Chamber of Commerce, effective Jan. 15. “I submitted my resignation so full harmony can be continued by the board of directors in chamber activities,” Wheeler said in a public statement. “While I hate to sever my relations with the chamber here, I feel that it is in the best interest of the organization itself.” Mrs. Florence Wilton, office secretary, also is resigning, effective Jan. 1. Wheeler came here in April 1959, from Jourdanton where he had been business manager for the Jourdanton Independent School District. Previously he had been manager at Del Rio for six and a half years, and did other chamber work at Port Lavaca, Corpus Christi, Ballinger and Sherman. “It has been a challenging experience to work with the merchants of Brady and to participate in their activities for community growth. I feel that the five-year program, on which the chamber is now at work, will greatly benefit Brady and McCulloch County if continued to a successful conclusion.” Wheeler said he is withholding any announcement about his future plans but hopes to have a statement soon. “I urge all business and professional people to continue to support the Chamber’s program. “This program was taken strictly from the wishes of the people of the community at the three-day clinic held in May, 1959. This is as it should be. The chamber is their organization, and its program is not the work of just a few people. It therefore, deserves everybody’s support.”

Leave a Comment