Utterback Charges Kickbacks From Small Loans Exposed
Indiana state senator Earl M. Utterback accused Indiana small loan companies of paying rebates and kickbacks that boost finance charges from 8 to 14 percent, linking the practice to payola. He urged reform while supporting lowered maximum rates as fair to consumers, citing millions in earnings to merchants and lenders. The debate occurred during a public hearing as lawmakers consider a disclosure plan and new financing charges rules.
MENTIONED IN THIS ARTICLE
Iton
Elsinger
Wie
Sumtvelle Ste. Ane Indianapolis
UPI
Indiana
Mgs
Reiley Hichaettians
Earl M. Utterback
Art
Daugiel
Abe
Don Eisinger
Joyce
Tipdiana
Fisinger
Paul Moo
South Bend
Hospital
Associates Investment Co
Frank Wilocal
Utterback
Indil
Marion General Hospital
Frank Vinson
Vinson
Venus Harvey
Wiekh
Missionary Society
Lilly Creek Baptist Church
Met
Moo
Hildred Perne
Florence
Indiana Sun Hill
Congress Delays Appointments To Federal Posts
The Senate will not act on Eisenhower's nominees Earl W. Kintner and two others to federal regulatory boards before adjournment for the elections. Magnuson said Kintner's nomination will not be acted on, with unclear action on Donegan and Sweeney for seats on the Federal Power Commission. Sandy Burris observes her sixth birthday at a surprise party in Frankton with family and friends. Chick Inn Smorgasbord Fri. & Sat. $1.
MENTIONED IN THIS ARTICLE
Washington
UPL
Senate
Eisenhower
Earl i W. Kintner
Princeton
Ind
Federal Trade Commission
United Press International
Kintner
Congress
Warren G. Magnuson
Wash
Senate Commerce Committee
UPI
Thomas James Donegan
Paul A. Sweeney
Federal Power Commission
Sandy
Frankton
Sandy Burris
Sam Burris
Lenore Lehman
Marsha Davis
Marla Davis
Connie Lasure
Kathy Lasure
Nancy Ashby
Dianne Burris
Ralph Lehman
Bryant Davis
Kent Burriss
Jand Mesdames Burley Davis
Irvin Ashby
Altar Davis
Boyd Carter
Expansion of All-State Properties in Florida holdings
All-State Properties Inc announced expansion of its holdings in Florida by purchasing about 2,000 acres of land in the West Palm Beach area for 1,650,000 dollars. The announcement, carried by UPI, notes the acquisition as part of its growth strategy in the property sector.
MENTIONED IN THIS ARTICLE
Expands Holdings
Floral Park
N.Y
UPI
All-State Properties _Inc
Lerty Holdings
Florida
West Palm Beach
Strike Delayed as Great Lakes Fleet Negotiations Continue
Detroit reports that six Great Lakes fleets will not be struck yet as talks extend a five day contract extension. Some Standard Oil and Sinclair Refining units reportedly pulled out, making a shutdown more likely for those ships at midnight. The NMU spokesman warned a lockout could occur while unions assess the latest offer.
MENTIONED IN THIS ARTICLE
Standard
Detroit
UPD
National Maritime «Union
NMU
Great Lakes
Standard Oil Co
Sinclair Refining Co
Union
Sinclair
Bramiage
Louis
Also Mentioned on This Page
Belmar
Ra Loris Wengne
Dendorant
Remington Electric Razor
U.S.P
TOC
Polaroid
Everain” Square Lawn
Dad
Hallmark
Tam
Alka Seltzer
Dristan
Colgate
Vitalis
DR. Scholl
Schall
DE Scholls
LE Suery
Nichol
Brenda Reiley
iChick Inn
6 Lakes
GOP Post
Republican National Committee
Fred C. Bramlage
Junction City
Kan
Veterans Advisory
Carailtan
MU TN A
Berkline
T.V
Fort
Montgomery Ward
Porrebe
Golden Brent
Paris
H.D. Sabre
Dan River
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