Word: freeporters
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Dates: during 1930-1939
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...noted with interest the story of the death of John D. Rockefeller [TIME, May 31], especially the paragraph telling of his father. You might be interested in this bit of local Freeport history...
...During 1936 your company was confronted with a serious obstacle in the form of increased severance taxes in both Louisiana and Texas," wrote Freeport Sulphur Co.'s young President Langbourne M. Williams Jr. in his report to stockholders last week. Those two States account for 99% of all sulphur mined in the U. S.. and nearly all of it is produced by two companies, Texas Gulf Sulphur and President Williams' Freeport. Both companies are making money in spite of the fact that Louisiana upped the sulphur tax from 27? per ton to 60? in 1934, upped...
...pious hope. Only a few days before he released his report the people of Texas in the persons of the committee on revenue & taxation in the lower house of the Texas Legislature voted 11-to-6 to boost the sulphur tax from $1.03 to $2. To the dismay of Freeport and Texas Gulf witnesses and pleaders on the scene, the committee came within one vote of amending the bill to make...
...Freeport, Me., was named for Sir Andrew Freeport. Freeports in Ohio and Kansas were named for an unremembered Freeport whence came the first settlers. How Freeport, Va. was named is unknown. Freeport, Ill. was named after First Settler William ("Tutty") Baker, who was so lavish with food and shelter to wayfarers that his wife complained: "What is this we have made of our home, a free port?" Freeport, Minn., originally called Oak Station, was renamed after Freeport, Ill. as was Freeport, Mich...
First effort to put U. P. & L. into receivership was last autumn when a group of creditors filed a reorganization petition at Freeport, 111. The company denied insolvency (which it did again last week) and had the case transferred to Chicago. Judge Holly then denied ex-President Clarke the right to intervene except as a creditor, which he did in a new action filed in Virginia, where U. P. & L. is incorporated...