Reinstatement of 30-Year Home Loan Insurance
Federal agencies restore 30 year guarantees for VA and FHA home loans after last summer cut to two years. The move preserves a 2 percent down payment on GI loans and on FHA financed homes, citing reduced credit risk and inflation concerns. Effective immediately, applies to VA loans not closed and FHA loans not insured.
MENTIONED IN THIS ARTICLE
Washington
Federal
Veterans Administration
Federal Housing Administration
FHA
Bus Driver Twice Tackles Thief Then Detains Suspect
Madison Wisconsin police report Donald Manville 24 a city bus driver acted as a hero twice in quick succession when he tackled a thief fleeing a store. He first stopped his bus and tackled the bandit delivering him to an officer then brought him down again when the suspect broke away.
MENTIONED IN THIS ARTICLE
Madison, Wis
Donald Manville
Manville
Woman Named To Place On the Church Council
For the first time in its history St. John's Lutheran Church names a woman to the Church Council Mrs Howard Presser. She and Rex Aulmond were welcomed as new members at the first meeting of the year. Additional officers and committee chairs were elected at the annual congregational meeting with Rev Ivan C. Ross presiding.
MENTIONED IN THIS ARTICLE
St. John’s Lutheran Church
Howard Presser
Rex Aulmond
Joe Rich
A. C. Miller
Talford Cronk
Ivan C. Ross
Presser
Rex Aumend
Lawrence Ewald
Frank Wancock
Harold Babcoke
Frank Hancock
Charles Gaus
Eugene, Bock
Donald O'Brien
Clement Cronk
Anderson Association of Church
Wallace Bauer
George Bauer
Charles Johnson
Raul Jimenez
Donald Neese
Harlow Haas
George McFall
Gordon Johnson
Contracts Signed By County Group
The Madison County Board of Commissions has signed one year contracts with newly appointed county employees all Democrats replacing Republicans. The group includes J Bayne Burton county attorney Cletis Bair weights and measures officer Lester Sigler county road supervisor Paul C Spencer county service officer Mrs Mary Lambertson assistant highway supervisor Mariellen Pittsford microfilm operator and Amos Jackson courthouse custodian.
MENTIONED IN THIS ARTICLE
Madison County Board of Commissions
J. Bayne
Burton
Cletis Bair
Lester Sigler
Paul C. Spencer
Mary Lambertson
Mariellen Pittsford
Amos Jackson
PTA Council Names Nominating Committee Leaders
After a regular meeting on Monday the PTA Council held an executive session to appoint the Nominating Committee. The panel led by Durwood Herder includes Joe Renner Miss Harriett Monahan Mrs Paul Williams and D F Houser with elections to follow.
MENTIONED IN THIS ARTICLE
PTA Council
Durwood Herder
Shadeland School
Joe Renner
2Gth St
Harriett Monahan
Meadowbrook School
Paul Williams
Seventh St. School
D. F. Houser
Longfellow School
Telephone Utility Wins 1955 Excellence Award
Indiana Bell Telephone Company received notice of its fourth consecutive Excellence Management Citation. J E Flanagan, manager of Indiana Bell facilities, said the utility was among four Indiana firms cited for the 1955 award. Six youths, one just 5 years old, were held in Orange New Jersey for a string of post Christmas store robberies. A police note quoted a suspect saying they robbed stores after not receiving gifts. Mount Logan in the Yukon is noted as Canada’s highest peak.
MENTIONED IN THIS ARTICLE
Indiana Bell Telephone Company
J. E. Flanagan
Indiana Bell
Indiana
Orange
N.J. W
UEW accused of using dues for Communist aims
The House Un American Activities Committee reports documented proof that the United Electrical Workers district in Indiana and Michigan siphons workers’ dues for Communist purposes. District president John T. Gojack faces contempt of Congress charges with trial opening February 27 in Washington. The 13 locals include Fort Wayne plants of Capehart Farnsworth Magnavox Phelps Dodge Bowser Wayne Pump and Perfection Biscuit plus a GE local in Decatur.
MENTIONED IN THIS ARTICLE
Washington
House
Un-American Activities Committee
United Electrical Workers
Indiana
Michigan
Fort Wayne
Ind
John T. Gojack
Gojack
CIO
Capehart- Farnsworth Co
Magnavox Co
Phelps-Dodge Copper Products Corp
Bowser Inc
Wayne Pump Co
Perfection Biscuit Co
General Electric Co
Decatur
Hollywood Cartoon Studios Close in Labor Dispute
Five studios producing about half of televised cartoons close amid a labor contract dispute with the iScreen Cartoonists Guild. The strike began January 3 at TV Spots Inc, and four other studios Kling Enterprises Ray Patin Productions Shamus Culhane Productions Swift Chaplin Productions shut down, with about 110 workers affected. Broadway also ends a show as Red Roses for Me by Sean O Case y closes when theater lease expires.
MENTIONED IN THIS ARTICLE
Hollywood
iScreen Cartoonists Guild
Cartoon Film Producers Assn
TV Spots, Inc
Kling. Enterprises
Ray Patin Productions
Shamus-Culhane Productions
Swift-Chaplin Productions
New York
Broadway
Sean O'Casey
Rescue helicopter at Richmond airport awaiting engine repair
An Air Force helicopter from the 44th Rescue Squadron developed engine trouble near Richmond. Pilot Lt. Herbert Mattox diverted to the Richmond airport with only about 8 percent fuel left. A replacement engine is en route from Lowry Field while Wright-Patterson crews prepare to swap it. The craft faces a 1,000 hour rebuild in Bridgeport after the incident. The crew includes Capt. Henry Ingwerson and Airman Edward Harlow. Also noted, a White House date set for Eisenhower’s health program message to Congress.
MENTIONED IN THIS ARTICLE
Richmond
Ind
Air Force
Lowry Field
Colo
Bridgeport
Conn
Herbert Mattox
Scotch Plains
J. Richmond
Wright-Patterson Field
Dayton
Ohio
Russell
Henry Ingwerson
Chicago
Afirman
Edward Harlow
Beloit
Kan
Guardian Named For Estate In LaPorte
LaPorte Circuit Judge John J. Davie named LaPorte Loan and Trust Co. as guardian for the 200000 dollar estate of Mrs. Anna Hatch 8 after ruling she could not manage her money. The change from South Bend National Bank and Trust Co. followed an appeal by her attorney Gus Short who cited possible renunciation by the prior guardian.
MENTIONED IN THIS ARTICLE
Laporte
Ind
John J. Davie
LaPorte Loan and Trust Co
Anna Hatch
Davie
Short
Hatch
LaPorte Bank
South Bend Bank
Red China Will Be Recognized
Ottawa reports Canada weighing diplomatic recognition of Communist China with Foreign Secretary Lester B. Pearson stating the government will consider the issue in Canada’s interests. In Indianapolis a petition seeks open territory for Whitestown Citizens Telephone Co Inc in Boone County to allow another carrier.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
China
Lester B. Pearson
House of Commons
Pearson
Indianapolis
Public Service Committees
Whitestown Citizens Telephone Company Inc
Boone County
New Pain Relief Shrinks Hemorrhoids Without Surgery
Scientists announce a new healing imb stance called Bio-Dyne from a world famous research institute. Preparation H offered as suppository or ointment with money back guarantee at local druggists.
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Defense Wilson
Ridgway
Eisenhower
Ae Chess Post
BT Ee
ACU
Mount Logan
Yukon
Benjamin Franklin
Franklin
Anderson Federal Savings
Jackson
Federal Square
UEW
Committee
Cartoon Studios
Renairs
Washington T
White House
Congress
Oshkosh
Wis
Insurance Department
Anderson Banking Co
Federal Deposit Insurance Corporation Telephone
Salling
Indiana Bell Business Office
New York, N. Y
Bell
Lincoln
Slevison
ED Sullivan
WISH
Associated Motors, Inc
G. D. Giddens