Archive for Sunday, September 13, 2009

Looking Back: Rio Grande to acquire stock of Moffat Road

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Looking Back

75 years ago - From the Friday, Sept. 14, 1934, edition of The Steamboat Pilot:

All but 1,676 of the 20,530 shares of the minority stock of the Moffat Road which Denver and Rio Grande Western Railroad obligated itself to buy at $155 a share were tendered to by the Rio Grande, President J.S. Pycatt said last week.

Purchase of the stock was one of the points contained in the Rio Grande's agreement for the operation of the Dotsero cutoff, connecting the Moffat line with a transcontinental route.

Pycatt said the Rio Grande has not yet developed a plan for purchase of the shares, the value of which will be about $3 million. The payment must be made by July 1, 1935, and in the meantime, the Rio Grande must pay six percent on the surrendered stock.

Unemployed must keep registered with office

All unemployed men who wish to have the national re-employment service help them find a job must keep actively registered with the re-employment office by contacting the local county office, either in person or by mail.

Those persons who have been working on a job secured through the re-employment service must again contact the office as soon as they are unemployed, in order to receive consideration for other jobs coming up.

In all cases registration with the national re-employment service is good only for the period consisting of the remainder of the month in which the registration is made and one additional month.

The national reemployment service is a free employment service established by the national and state government. Employees and employers are urged to use this service for any type of job. This service is part of the national system and is in constant touch with thousands of employees and employers. A local representative office is maintained in each county for your convenience. These offices are directly under the supervision of a district manager in Glenwood Springs, and handle all local labor requirements.

Relief officials meet in Steamboat Springs

Relief directors of Rio Blanco, Jackson, Moffat, Pitkin and Routt counties were present at a meeting held in Steamboat Springs on Monday with officials of the state relief headquarters.

There was a discussion and explanation of the rural rehabilitation program for Colorado, which replaces the civil works and direct relief programs in rural sections. This area includes the open country and towns having less than 5,000 in population. The object of the program is to make it possible for destitute persons to sustain themselves through their own efforts by the cultivation of small tracts of land for home gardens or feed for livestock and poultry and on farms. It is possible for destitute families to sustain themselves with the slight assistance that will be given in employment.

The new agricultural development program will aid in lifting considerable of the relief load in the rural sections. Repayment on the part of beneficiaries will be made in cash, in kind of produce or equipment received, or in work on approved public works projects, for all capital goods, materials and supplies received.

All families who are on direct relief or receiving rehabilitation air in rural areas must grow garden. Any family so classified failing to plant, or properly care for an adequate garden when facilities are available, will be refused aid.

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