02 Feb 1956
Page 1
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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Feb 02, 1956
Page
1
A Texas securities tale centers on U.S. Trust & Guaranty Co. its misleading 5 percent returns and tied auto sales. Investigators note assets and liabilities diverged while the firm pursued varied insurance and automotive ventures. The 1954 audit and ensuing actions highlight regulatory gap and risky guarantees.
The School Tax Assessor-Collector George L Bennett reports 96.73 percent of 263.76 collected with final figures still due. He notes roughly 876,000 remaining and a total levy over 1 million with penalties mounting at 1 8 percent monthly and up to 6 percent annual interest on delinquent taxes. Big taxpayers include Humble Pipeline Hambley rubber plants and University General Petroleum among others.
Jury selection underway as city tax case opens focusing on alleged improper stock transfers. The suit targets Williams and associated entities alleging misappropriation of assets and unauthorized stock holdings to benefit certain parties. The proceedings name attorney Mark C. as counsel.
An all star professional cast from Broadway will present a drama event tonight in Baytown. Tickets may be bought at the box office.
Bethany’s heart month in the nation’s drive by the American Heart Association will not be observed in Baytown. East Harris County Community Chest executive director Charlie Childwell said an education program may be presented through newspaper readers to support heart month activities.
A jumble of short notes from Corpus Christi area life. ODENA CHILDERS joins school activities while Milton Campbell faces a canceled coffee date. Mike Bowers praises son Pat as a reling home date arrives. Baytonians and others in Crosby high days hear of success and missive travel. Various local names and brief scenes touch on schooling, fashion, and everyday family moments.
Galveston Mayor George Roy Clough proposes taxing brothels to fund city needs. He says brothels earn about 24 to 50 a week per worker for protection payments, but details of enforcement and exact collection methods remain unclear. Local officials and reformers have not yet weighed in on the plan.
Raytown's Goodwill Center opens at the Community Chest building on Miriam at Morris. Mrs. Dorothy Perdue says hours are 9 a.m. to 4:30 p.m. Monday through Friday and Saturdays. Proceeds aid physically handicapped people in training and meals, with repaid effort by local workers and industry volunteers.
An angry letter in France Soir triggered protests as U S soldiers reportedly touched the tomb of France's Unknown Soldier under the Arc de Triomphe. French veterans, calling themselves indignant witnesses, voiced strong opposition Thursday.
United Press reports on several brief items including Mary-Tenley Albright winning the women's Olympic figure skating title despite an injured ankle. Defense attorney Foreman abandons change and baby-snatching trial. Discussions begin on Middle East safeguards with frontier observers and military sections. Bob Burns, Arkansas comedian famed for tall tales, dies of cancer at 54.
A brutal cold front sweeps Texas with freezing rain forecast Friday and snow in West Texas. Temperatures dip to near zero in the north while up to five inches fall elsewhere. About 10,000 square miles of West Texas and neighboring regions are blanketed, prompting widespread school closures as eight inches of snow accumulate in some areas.
Houston City Council votes first reading to annex land southeast south and west of the city nearly doubling its area from 196 to about 410 square miles. Estimated metropolitan population rises toward 1.6 million. Pasadena residents voice concern as the move sinks into local sentiment.
The OCAW backs metal trades in a refinery dispute along the Gulf Coast as bargaining groups weigh acceptance of proposed raises for non union workers. Baytown officials say the OCAWIL has withdrawn its petition to become the bargaining representative due to AFL CIO merger and cooperation among former CIO and AFL unions. Brown notes former OCAW members are urged to support AFL CIO in winning representation rights at the Baytown refinery. The AFL had earlier petitioned to represent these employees, with NLRB motions filed, and the AFL CIO merger is now complete in New York.
Texas Highway Department completed publication of a Baytown and La Porte area traffic origin and destination study. The report, produced last November, uses tables and pictures to show where drivers come from where they go and which routes they prefer. Copies were sent to W. T. Bush, Baytown Chamber of Commerce highway committee chair, for review and familiarization with the findings.
An elderly Mexican woman, found in a Crosby pasture early Monday, was identified Wednesday. Her daughter learned through two newspapers that her father had been in Jefferson or vis hospital. The sheriff’s office said the woman’s mind was “bad” and she often ran away from home.
Dr. Paul Dudley White, famed heart expert and Eisenhower’s consultant, sailed on an expedition to record the heartbeat of a gray whale, the largest creature on the planet, as part of a medical research mission in the Pacific.
Distributive education students of Robert E. Lee high school will entertain with a Sunday supper in appreciation for the parents and recaptured entertainment by the high school students. The program has been planned and organized by the DE students with community support.
Punxsutawney Pennsylvania observers kept vigil at Gobbler's Knob to learn if the groundhog would cast a shadow. The tradition holds that a shadow means six more weeks of winter, while no shadow prompts a early spring.
Senate Democratic Leader Lyndon B. Johnson sparked a party rift by accusing the liberal wing that fought utilities in the 1930s of “getting in bed” with utilities. Senator Monroney pressed the charge by naming Samuel Insull as a new patron saint of liberals, drawing a sharp rebuke from Senator Douglas who called the charges desperate and crazy.
A winter storm blanketed the Amarillo Lubbock and Abilene regions with ice sleet and snow. Five inches fell at El Paso three to four inches at Plainview Pampa and two inches at Lubbock and Amarillo. Three deaths were tied to the weather. Schools closed in Pampa Lefors Wheeler and Hopkins. The storm swept from Pecos to Clovis and moved toward Central Texas with freezing temperatures forecast for Friday. A north wind 25 to 85 mph stirred drifting snow across West Texas.
A grand jury led by Baylor law school dean prepares to hear state Senator Carlos Ashley of Llano in Austin. Ashley says he returned a $10,000 fee paid by U S Trust and Guaranty Co. liquidator J D Wheeler received it. District Attorney Tom Moore Jr. seeks fuller explanations from lawmakers regarding funds tied to the collapse.
Moore said the grand jury subpoenaed six men at its last session including four state senators. Two senators replied with one willing to appear and one refusing. Senator Chis. Strauss claimed health reasons, while Sen. William Shireman of Corpus Christi said he would attend. Shireman reportedly received a $3,000 retainer. Other named subpoenaed individuals include Arvand G. Schwartz and State Senator William Moore of Bryan, with K. Co Lanning of Austin noted as a former chairman.
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