davidaulloa/AmericanStories huggingface dataset:
Arizona sun., 1961-08-24
Greater Arizona
Savings And Loan
Brief History

| Following are the pertinent
events relating to the formation
of the new Greater Arizona Saw
ings and Loan Association.
On June Is, 1859, the old Ari-
Ezona Savings, with assets listed al
SAL ,665, ,282.O3, was placed in re-
ceivership by David O. Saunders,
Arizona Superintendent of Banks,
to protect the associations $4,000
account holders.
! The officers of the old associa.
ton were charged with operating
contrary to and in violation of the
State of Arizona, and in an unsafe
and unauthorized manner.
Savings accounts in the Old Ari.
z0na Savings were not insured by
the Federal Savings and Loan In
surance Corporation.
In the opinion Of Arizona Super
intendent of Banks and the Mari
copa County Superior Court, the
greatest hope of helping savings
account holders to recover their
money lay in reorganzing and re-
opening rather than liquidatirg
the assets of the old association.
So on January 81, 1860, invitations
asking for proposed reorganization
plans were published in the Wall
Street Journal as well as in Phoe-
nix and Tucson newspapers.
On June 80, 1860, Judge Lorna
Lockwood issued an order authoriz-
ing and directing the receivers to
distribute to shareholders, 121a &c
of the balance shown in the books
of Arizona Savings.
Meanwhile, the Receivers and
the Superintendent of Banks studi-
ed number of plans for reorgani-
cation. The only plan which was
recommended to and approved by
the Maricopa County Superior
Court was that of three California
men: Maxwell E. Greenberg, a
corporation attorney; Ben Vein
CART, a real estate developer; Nor
riS Shapiro, a Los Angeles busi-
nessman. Under the plans provi-
sions, shareholders who would con-
tinue their accounts with Greater
Arizona Savings, would share in
half of the new Associations pro-
fits during its first five years of
operation.
The Greenberg- Shapiro -Weingart
plan was approved on July %, 1850
by Judge Lorna Lockwood and
Greater Arizona Savings and Loan
Association was subsequently
Arizona sun., 1961-08-24

ship in the Federal Savings and
Loan Insurance Corporation to the
Federal Home Loan Bank in Wash
ingtOn, D. C. The corporation, q
permanent agency of the United
States Government, insures say
ings up to $4,000.
Greater Arizona Savings request
for insurance was conditionally ap-
proved on June 20, 1861.
Final approval of insurance was
contingent upon a number of .ou-
tine conditions to be met by tire
new Association. Final evidence OF
compliance was sent to Washing
ton on August 4, 1861.
The new Association is slated to
open for business on August rs as
a fully insured institution.
Arizona sun., 1961-08-24

formed.
Maxwell E. Greenberg was nanl-
ed President of Greater Arizona
Savings and during the ensuing
ten months, eight Arizonians were
named directors. They are: VIII
liam T. Brown, Tom Chauncey
Harold L. Divelbess, E. L. Kor.
rick, John H. Matthews, Walter
Ong, Glenn O. Stapley, and Paul
NJ Thomas.
On February 1, 1861, an initial
offering of 100000 shares of guar
anty stock by the newly-formed
Greater Arizona Savings was
quickly over-subscribed, with Ari.
Aonans taking more than two
thirds of the So share issue.
Three weeks later, an additional
10000 shares were issued ard
Arizona sun., 1961-08-24

these, too, were quickly over :
subscribed.
On April %, Carl E. Ault, a 25-
year veteran in the banking ard
savings and loan fields, was named
Executive Vice President of Great
er Arizona Savings.
On June 16, 1861, the directors
of the Federal Home Loan Bank
Board of San Francisco met in
Anchorage, Alaska, and consider
ed membership of Greater Arizona
Savings in the Federal Home Loan
Bank system. Such membership is
prerequisite of any new associa-
ton in obtaining insurance of ac.
counts by the Federal Savings and
Loan Insurance Corporation.
The new Association had sub
mitted its application for members
Arizona sun., 1961-08-24
Freedom Scholarship
Fund Being Planned

Plans are being made by the
Southern Christian Leadership
Council in Atlanta to give scholar
ships to Freedom Riders who need
money to attend school in the fall
Wyatt T. Walker, Executive Di-
rector, states that applications
must be in writing and should tell
what school the applicant wishes
to attend, his present status, SEX,
age, classification, how much fl
nancing he needs and the time his
freedom ride took place.
Arizona sun., 1961-08-24
Firm Dropped
From Trade Show

Ghanita Enterprises, the first
Negro house construction firm TO
have been accepted for a United
States trade show, has been drop
ped from the show which is to be
held in Ghana in November. The
reason given for dropping this
firm, which originates in Detroit,
is high construction costs.
Arizona sun., 1961-08-24
High Court
(Continued from Page One)

Continued from Page One)
against agitatOrs like the NAACP' >
the Circuit Court Judge, be-
fore whom the case is pending,
made a similar reelection cam
paign pledge in a teleyised state
ment, 1 intend to deal the NAACP,
and its counterpart, the Montgom-
cry Improvement Association, a
blow from which they shall never
recover. I"
1t was this same Judge Jones
who last May issued an injunction
restraining Freedom Riders from
entering Alabama.
Arizona sun., 1961-08-24

People may doubt what you say,
but they'll always believe what
you do.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24
DR.. Charles Lane
Presented Paper
On Dismal Swamp

DR.. Charles F.. Lane. professor
OF Geography and Geology at
Longw wood College. presented
a paper at the 10th annual meet
ing Of the Southeastern Division
Association Of American Geog-
haphers. which was held at
the Unlvers.,y OF South Carolina
November 2I1I.
Dr. Lanes paper, Some Nat
ural and Cultural Observations
in the Dismal Swamp OF Vir-
ginia. was presented at the
Southern Studies session of the
meeting.
A member Of the LongwOod
faculty since 1850. Dr.. Lane re-
ceived his BA and MS degrees at
the University Of Tennessee and
his Phi D from Northwestern Uni
versity. He served as president
Of the Virginia Geographical So
clety from 1851 TO 1853. and is
State Coordinator OF the Ma
tional Council for Geographic
Education.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24
Cumberland School News
Class Officers Are Elected

CUMBERLAND. Nov. 20
Class officers at Cumberland
High School have been named
as follows:
Eighth grade A president
Robert ellis: vice president.
Frankie Ownby: secretary
Judy Ownby. and SEA repre-
sentative. Elrna Joyce Martin.
Eighth grader president.
Dale Can't: vice pre- sid e n /.
Bobby wood son: treasurer
Rita Taperino; secretary. Judy
Houser; and SEA representa-
tive. June Barker.
Ninth grade president. John
Barnes. vice president. Walter
Hawkins: secretary, Earl Kir-
by, treasurer. Johnny Payne:
reporter. Tommy Moore: and
sea representative. Peggy Har-
riSon.
Tenth grade pre- sident t,
George Thomas: vice president
G. A. Higgins: secretary. Ann
Calhoun: treasurer. Billy Horst:
and SEA representative. Will
liam Russell Garnet.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24
Athletic Director
Addresses P-TA

SCOTTSVILLE, Nov. l6-Car.
ter Ellis. Scottsville High Schoo
athletic director, spoke to the
Scottsville P-TA here Monday
night on the value OF athletic
in a school
A motion was made that the
president Of the P-TA appoint
| a committee TO work with Ellis
ard r. A. Allison. principal TO
ward organizing ScOttsville
Boosters Club. Ellis brought on
in his talk the need of such a
club.
The annual men and women
alumni versus varsity basket
ball game will be played in the
gymnasium here Friday. Deem
Der l..
The girls will be at 7.30 pm
and the mems game viii fol
lew.
r. A. Allison told the group
something about the teleyislor
classes in the school.
Mrs. F.. r. Moon. Jr. vice
president. presided in the alb
sence OF the president. John
Held.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24

Eleventh grade = president.
Skid Garrett: vice president.
Joe Franklin; secretary. Juanita
Higgins: treasurer. Neal Irving:
and SEA representative. Betty
Keller.
Twelfth grade president.
Patsy Southall: vice president.
Nancy Vaughan. tary.
Gerry Asal; and treas urer.
Buddy Martin.
The Beta Club has elected the
following officers for the year:
president, Harry Harrison; Vice
president. Jean Reynolds; secre-
tary. Janet Stonnell: treasurer.
Betty Carol Keller; reporter.
Michael Forbes; and SEA rep
resentative. Betty 10 Ownby.
Standing committees are as
follows: executive-Jean Reyn-
olds, chairman. Franklin Fos-
ter, and Dorothy Bales.
Program Carolyn Waid,
chairman. Bobby F'ranck. and
Diana Sutton.
Entertainment - Phyllis Vas
sar. chairman. Lucinda Elder.
and Carol Jean Brown.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24
kathy Wright
HOnOred On
Birthday

KNOXVILLE. Nov. l6-Kathy
Wright celebrated her fifth birth.
day Sunday at her grandmother S
home. Mrs. Emma Wright. Her
parents. Mr.. and Mrs. H. M.
Wright. Mrs. Sadie Wade. Mr.
and Mrs W. w. Falls. of Rich
mond. joined the celebration.
Sunday visitors of MI. and
Mrs. Rodney Roach were Mr.
and Mrs. J. F. Ranso and Mrs
W. F.. Ransom. Of Pamplin.
Those spending the week end
in Richmond were Mr.. ard Mrs
Grover Wo0dson and Grover Lee
They were accompanied by Mrs
Cary Payne who visited her
son and daughter-in-law Mr.. and
Mrs. Dick Payne.
The Jack Allen family OF
Curdsville. were Sunday evening
callers Of Mr.. and Mrs. J. H.
Price. Jr.
Mrs. John Ransom and Mrs.
B. G. Ransom spent Monday in
Lynchburg.
Miss Barbara Dunevant. stud
ent nurse of Johnston Willis hos
pital. was at home for the
week end.
Mr.. and Mrs. John Word
week end visitors were Mr.. and
Mrs. R. P. Smith and Johnnie
and Deborath. of Richmond.
Sunday evening callers Of Mr.
and Mrs Harold Coleman we're
Mr.. and Mrs. C. T. Roach.
Miss Parkie Dunevant. OF
Farmville. came home for the
week end.
Mrs. Carrie Smith is spending
this week with Mr.. and Mrs.
Carol Gilnspie.
Mr.. and Mrs. B.. H. Word S
week end guests and those who
came Sunday were Mr.. and Mrs.
A. w. Manning, of Newport
News. Mr.. and Mrs. Rodney
Word. Of Richmond, and Mr.. and
Mr.. F. N. Word and family.
Miss Ruby Gillispie, of Rich
mOnd. spent the week end with
her mother. Mrs. R. L. Gillispie
Mr.. and Mrs. E. L. Wootton s
children Warren. from the Uni
versity of Virginia. and Anne
from Richmond, came for the
week end.
Mrs. Jennie DunevantS week
end visitors were Mrs. Charlie
Bowman, of Falls Church, anG
Mr.. and Mrs. Hunter Allen. Of
WOODBRIDGE,
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24
Charles Allen
Arrives From
Montana

CLAYVILLE. Nov. 20-Charles
Allen, Of Jordon, Montana. ar
rived here Sunday to spend the
winter with his nephew and wife.
Mr.. and Mrs. j. W. Thornton.
Mr.. Allen, who is 81 years old
made the trip by train all alone.
Mrs. F.. B. Robens, with Miss
Edith ellis. attended the pre-
champaign meeting of The Ma
tional Foundation at the Motor
House in Williamsburg. OF No
vember 10. Mrs. Robens spent
Sunday night with Mesdames Ell
eanor Cooley and Alma Raw
son. who were her friends in
Cumberland years ago.
Mr.. and Mrs. Charles T. Gle
ments and children spent the
week end with her parents. Mr..
and Mrs. H. F.. Chinault at
Aylett.
Mr.. and Mrs. John l.. Harris.
and Mr.. and Mrs. R. E. Harris
attended the l86th birthday ball
of USING in Richmond on Fri
day night.
Mr.. and Mrs. Gray Younce.
ST., spent last Tuesday with their
daughter and family. Mrs. We'll
ford Ross. in Charlottesville
Wayne Moore. son Of Mr.. and
Mrs. Manley Moore. of Rich
mond. left from Byrd Air Port
on Monday night for Lakeland
Air Force Base, Texas. He is
the grandson of Mr.. and Mrs.
Junius Moore, of Clayville. Mr..
and Mrs. Barlow Mead and
daughter. Sandra. and Mr.. and
Mrs. Moore went there to see
him off.
The Clayville- Mosley Home
Demonstration meeting will be
held in the home Of Mrs. Roy
McGlocklin on Tuesday at 8 pm.
Members are requested to bring
donations for Sheltering Arms
Hospital, Richmond.
Mrs. W. o. Clements, who has
been a patient in Johnson-Willis
HOpital, has returned home
Everyone is glad to have her
home again.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24
THE FARMv1LLE (va) HERALD FRIDAY NOVEMBER a. 1861
First Year Forestry Advances
In Muddy Greek Watershed Told

1T is the sincere hope of the
Project Forester that many more
landowners will realize the value
Of managing their timber as a
crop. just as they do their wheat.
corn. aid tobacco The sale Of
timber products under a system
Of regulated cuts can greatly in
crease the available growing sup
ply to meet the increasing needs
Of industry. and al the same
time provide a periodic cash re-
turn TO supplement their regular
licome. Holmes SAID.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24

much CT the valuable forest
reproduction trying to grow and
that reduces the rate Of growth
Of the crop trees
1t also has been proved th't
grazing will reduce the soak-in
rate of water into the ground az
much as % percent a. result
of sell contraction and litter re-
moval. II is not ill the best in
terest Of the owner or his wood
lands TO allow such practice
TO continue. Holmes points out.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-11-24

The following list first OF year
forestry accomplishments for
the Muddy Creek Watershed has
been released by the Project
Forester. Robert F.. Holmes:
He has examised LIPS acres
OF timberland in the watershed
area: management plans are be-
ing made for each tract and the
plans presented to the land own
ers. "A Management plan con-
tains a description of the wood
lands. its age. growth factors.
Srecies of trees, and the estimat-
ed acreage of each timber type
sketch map OF the land area. and
the recommendations of the
Forester are included as how to
best manage the existing timber
stands. both for present and fu-
ture usel.
The major accomplishment has
been made in the planting of
pine seedlings on abandoned. de-
nuded fields and on under stock
ed or cut-over timberlands. A
total Of 1873 900 lobolly pine seed
lings have been planted by in
dividual landowners during the
past year on l67 acres of land
1t is expected that once the pro-
gram is fully accepted by the
landowners this figure will be
greatly surpassed.
There is a great need for the
construction of fences to keep
cattle out of our woodlands. 1t is
very evident that cattle destroy
Evening star., 1961-04-02

People of many denominations continue to
give funds as Segments are added. Ifthe United
States is to have Westminster Abbey, this
might we'll be it.
Here lie buried great Presbyterian,
former President Woodrow Wilson, and a
Methodist layman of world renown, John r.
Mott. The Cathedral, Protestant Episcopal
edifice, makes its chapels available each week
to Russian Orthodox, Polish National Catholic,
Ukrainian Orthodox and Jewish congregations.
Preachers of many denominations continue
to occupy the pulpit.
Ground was broken and the foundation
stone was laid on Michaelmas Day, 1907 in
ceremonies attended by President Theodore
Roosevelt. Within five years, the first of three
crypt chapelS-the Bethlehem Chapel-was
completed and opened for public worship in
1912 Foundations were completed in 1927
When will the Cathedral be completed?
No one knows. Additions are made as money
comes in There is no target date for compile
ton. The old picture was sent to US by Jan
Drabek 3460 Thirty-ninth street NV.
m? The Star t0i pay SIS for the use of any original
on must be knotOn and the picture must be clear.
Y, The Star Magazine, 225 Virginia dUenue Sc,
stamped, addressed envelope 10tU be retur1led)
Evening star., 1961-04-02
The Changing Scene
By JERRY O'LEARY, JR.
Star Staff Writer

THE Washington Cathedral, which may be
Il standing when most other buildings in
Washington are gone, shows marked changes
over the years, even though it is by all odds
the most unhurried project in this otherwise
frenetic capital.
The photo above, taken in 1924, shows
the apse of the Cathedral, with the camera
facing in a northeast direction The picture
below was made this winter. ElwOOd Baker,
photographer for SUNDAY, tried to achieve
the same camera angle as the unknown 1924
photographer, but tall trees have grown since
then on all sides of the majestic edifice. The
current photograph faces nearly due west and
shows the complete apse and the scaffolding
on the south tranSept This phase of cOnstruc
ton started in April, 1860, and will include
within four or five years the south arm of the
crucform Gothic church overlooking the city
and the base of the Gloria in Excelsis Tower
The Cathedral of SITS. Peter and Paul, stand
ing on Mount St Alban unlike parish church,
is national institution with no one congrega-
ton responsible for its building and upkeep.
Do you haze any photographs of old Washing
photo selected for publication. The date and LocC
Mail yours to the Changing Scene Editor, SUM
Evening star., 1961-07-30
Viewer Objects
TO Recent Repeats
LETTER OF THE WEEK
Prefers LescouIie

Could you please tell me why Jack
Lescoulie left the Today show?
On July Is, Frank Blair thanked
everyone for making it possible to sit
in with John Chancellor. believe it
should have been Jack. Why do
they have to have two newsmen?
MMP., B.J.P.
From, 1Utat Everyone has said lin
cluding LeScouIie), the decision DdS
his. He elected to ledUe because (1)
of other opportunities and 10 he
didn't relish the idea of getting up
that early again to do the Sho1D
"liUe." As for t1Do 11eaDSne1, aDty
net? Blair, Jor example, tUGS once
disc jockey like GarroWay. knoD
I Subbed for him one morning on
old VOL.
Evening star., 1961-07-30
TV MAILBA

VA0M A~7O
This is your chance to sound off
and TV Critic Bernie Harrison
1Dill do his best to GpS10er QueS-
tionS. Please keep letters brief.
Pen names a0iH be used If desired.
Who determines the procedure to
select repeats" in year round
shows, We don't mind repeats, but
why can't they be chosen from the
oldest shows on file, perhaps on
rotation basis of some kind. We'd
rather tune in another channel than
watch a good Thriller which we saw
a couple of months ago.
C.B.T.
The procedure vGrieS. The Gd
agency may propose the repeat
schedule, based on surrey findings,
tDith final ok. By the network. or
the net1DOrk may pick them. In
ThriIler'S case, remember this is the
series first season and some of the
earlier ones Were blah. ShoaDs l0ith
u LOHgCI ttSLOTy tOSSC6 uUu nun IICC,
etc. can 90 back into precious sea-
sons.
y n X x
Dear L. T. Perhaps your TV
hasn't got one, but have you ever
heard of a channel selector? If so,
why not use it? There are a great
many of us who enjoy watching
Route 66. I look forward to it every
Friday night-it is my favorite TV
program. If it were not-and I'm
sure Mr.. Harrison will agree, darn
good show, it would never have got
ten nomination from TV Guide
Awards. So what if muscle and
not brainpoWer generally saves the
Evening star., 1961-07-30

but it must be remembered that
nth carbon copies OF Westerns,
priUdte eyes, adventure SholDS on
eUery channel, the 0teaDer does not
haze a real choice. A nomination
from any GDard organization is
nearer to proof of popularity than of
excellence.
X I: X II
I've been a fan of Robbie (Don
Grady on My Three Sons ever since
they have been on TV. I would Like
to know his home address so may
write to him . D..
M. K.
Home addresses are not available.
Write to him care of the program,
ABC-TV, Hollywood, Calf, one OF
the tel0 netD SIlo1U hits this last sea-
son. 1t a0iH continue, of course.
'oshnston, D. C.. July 30, 1861
Evening star., 1961-03-03
ManyFamiIies
Face Removal
In -Four Years
Renewal Council
Studies Effects
Of City Projects

The District Government
today predicted there will be
17,065 families displaced from
their homes between now and
1865 by such activities as build
ing code enforcement, urban
renewal and highway construc-
ton.
The prediction, given to the
Urban Renewal Council, a
citizen advisory group, has far
reaching implications for city
enforcement and building
policies as we'll as for proposals
to subsidize rents of income
families.
Council members agreed, in
effect, that the relocation
problem appeared to be too
big for the advisory group to
solve. The housing question
was referred to two subcom-
mittees. which are to report
back on what general approach
the District should take.
The problem. it was agreed,
breaks down into two phases.
One is the question of how to
increase the housing supply
here and the other the question
of relocation aid offered to
the families forced to move out.
Renewal JeOpardized
After the statistics were
given to the council, John S.
Crocker, director of the District
Office Of Urban Renewal.
warned that the Redevelopment
Land Agency's program "can
be stopped cold" by this dis
placement problem. His point
was that, if all of the available
housing is absorbed by families
mived out by other construction
programs, the RIA projects
would Of necessity be stalled.
The reason is that RIA cannot,
under the law, clear out an
area for redevelopment unless
it can certify that decent re-
location housing is available
for the displaced families.
Brig. Gen. Frederick j.
Clarke, District engineer COM
missioner, said the displace-
ment figures dictate that city
officials take an awfully hard
look at our urban renewal and
code enforcement program to
make sure we're not causing
more problems than we're solv-
ling"
Housing Gap Seen
Mr.. Crocker, director of the
District office Of Urban Re
newal. which prepared the fig
ures, said they indicate there
will be a "sizable gap" between
demand and supply for low cost
housing in Washington. The
exact size Of the gap was not
predicted, since the District
did not make detailed projec-
tions on new construction.
Although Gen. Clarke called
for a review of the urban re-
newal effort, he said there GER
tainly should be no slowup ir
such public works programs as
highways. The District pre-
diets there will be 2,232 families
displaced by highway construc-
tion in the next five years.
Application to Be Made
The displacement figures are
expected to give impetus to the
city's long delayed Community
Renewal Program, a master
plan for the District. The Fed
eral Government gives cities
Federal money to draw up 9
community renewal program
designed to pace the rebuilding
and rehabilitation of the city
SO as not to over-extend its
resources.
In this connection, Gen.
Clarke today said he had
directed District officials to &c
ahead and prepare the appli-
cation for the Federal funds
for the community program
Evening star., 1961-03-03
MEMO FROM THE EDITOR:
Area Traveller Described
In The Sunday Star

RESIDENT WITH ITCHY FEET-What kind of fellow
is the Washington traveller? Where does he 60
and by wheat means of travel does he get there?
See Travel Editor Jack Jonas special feature in
SUNDAY, The Star Maga'
FLOYD PATTERSONS STRAIT GY-In This Week
Magazine, Heavyweight Champion Floyd Patterson
tells why he'll win again over Challenger Ingemar
Johansson; and, Dinah Shore brings you her 6-pece
go-anywhere wardrobe that any woman can make
herself.
THE SUNDAY STARS CIVIL WAR STORY-On March
4, 1861 Lincoln inaugurated 18th President of
the United States. An account of the Inauguration
as reported by The Star 100 years ago appears in
SUNDAY, The Star Magazine, along with local news
sidelights of the day. Also presented is the inter-
view between Lincoln and the city authorities
INTERNATIONAL TRAVEL SECTION-Ths Sunday,
the lure of foreign lands is featured in The Stars
Special International Travel Section. For detailed
report Northern Italys little visited Province of
Bolzano and stories other areas of the world see
the Travel Section.
NEW COMIC STORY-This Sunday in The Stars color
comic section, Mary Perkins, of "On Stage" embarks
chapter in her theatrical career This time,
out heroine agrees to star in TV play written by
mystic. Learn what follows, starting this Sunday.
Phone Lincoln $4,000 for Home Delivery