08 Jan 1937
Page 1
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Newspaper
Bronte Weekly Enterprise
Location
Bronte, Texas, United States of America
Date
Jan 08, 1937
Page
1
Publisher notes second class mailing status and 1918 dates while editor previews questions and answers by R B Anderson on the Texas Unemployment Compensation Act. The column promises future installments and clarifications on the act in simplified terms.
Payments begin January 1, 1988 under the Texas Unemployment Compensation Act. The amount and eligibility hinge on your 1937 employment record. steady 1937 employment yields defined compensation under 1938 rules.
If eligible, unemployment benefits range from a minimum to a maximum with a typical rate about 50 percent of weekly wages. Examples show wage brackets: over 30 weekly yields $15, between 10 and 20 weekly yields half of the wage, guiding readers on potential payments when unemployed.
This article explains how partial unemployment affects benefits under the law. If you take a part-time job earning less than six fifths of your prior compensation, you qualify for partial employment benefits equal to the difference between the prior weekly benefit and five sixths of your new wage, added to your part-time earnings. For questions, contact R. B. Anderson, chairman, Texas Unemployment Compensation Commission, Austin.
The article introduces credits in the Texas unemployment system and notes that your 1937 employment record affects credits. It compares unemployment compensation to a savings account and emphasizes understanding the law to build the best record and keep workers in jobs.
An annual financial statement for the First National Bank in Texas as of December 31, 1936 lists assets totaling 868,044.08. It details loans and overdrafts, U.S. Government obligations, other securities, real estate, reserve with the Federal Reserve, and cash items. Deposits total 518,004.03 with categories for demand and municipal deposits. The report, sworn by L. Young, president, was filed with a notary on January 5, 1962.
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