Word: ariz
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...decades ago at a bargain price. Around Los Angeles, not only the Irvine Ranch (TIME, Sept. 22) but also Valencia and Janss-Thousand Oaks are being transformed into cities by the families that once only farmed them. Goodyear Tire & Rubber Co. is converting its onetime cotton farm outside Phoenix, Ariz., into Litchfield Park, a planned town for 100,000. McCulloch Oil Corp. has attracted more than 2,500 settlers to its resort-and-industry town of Lake Havasu City in the sparsely inhabited Arizona desert along the Colorado River. Humble Oil's Clear Lake City, which...
EARL F. CODNER Tucson, Ariz...
...Phoenix, Ariz...
MARTHA KRUPP Nogales, Ariz...
Twelve years ago, Clarence Jackson was a prospering Phoenix, Ariz., businessman. He owned an entire city block with only a small mortgage remaining. On the block stood a bar and a large supermarket, which he and his wife operated. There were also a few stores, houses and a gas station, which he rented out. Jackson figured the whole package was worth at least $250,000, and there was some still-vacant land on which he had just decided to build a motel. Things were looking good. In his wildest nightmares, Jackson could not have guessed what luck, lawyers...