The Laredo Morning Times in A New Century
On the death of Penn in 1901, his son, Justo S. Penn, took over as publisher and general manager. Arambula said that the Penns, both father and son, blended into the life of the Laredo community. Among other things, the two individually and as heads of the Laredo Times were key players in the development of the city's socioeconomic life. Justo Penn thereafter sold the newspaper to J.E. Hanway of Wyoming in July 1926.
Hanway became the third publisher of the Laredo Times with two business associates, William Prescott Allen of San Antonio and O.W. Killam of Laredo. Arambula found that the operation prospered under Hanway's direction. Hanway brought to Laredo his experience with several newspapers in the West. He reorganized the entire plant at a new location on Matamoros Street and installed modern newspaper equipment, including a press, linotype machines and backshop tools.
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