Kane Bank 15 Reorganizes To Boost Capital Position
Kane Bank and Trust Company directors meet to pay off 5,000 of 6 per cent preferred stock and reduce common par value from 100 to 50. They plan to issue 2,500 new common shares at 76 to fund the buyout, bringing capital and profits to 562,000 with strong liquidity. A stockholders meeting set for November 1 will act on the plan which has banking department and Federal Reserve approval.
MENTIONED IN THIS ARTICLE
Institution Ane
Exi
Kane
Kane Bank & Trust Company
Kane Bank
Pennsylvania Department of Banking
Federal Reserve System
Allegheny College Approves 10 Percent Pay Increase
Meadville October 21 a 10 percent cost of living raise for salaried faculty members was announced by President John Richie Echurtz. The board of trustees approved the raise at its weekend meeting and also OKayed a new $100000 athletic plant to be ready for 1948 49. President Schultz reported gifts totaling 576618 for the year last June as part of home coming day activities.
MENTIONED IN THIS ARTICLE
Allegheny College
Meadville
John Richie Echurtz
Schultz
Veterans co-own 14-room home in Jamestown
Two World War II veterans Gerald Brown and Albert J Hodges became co-owners of a 14 room residence at 242 Chestnut street as a gift from August F P Nelson of Seventh Street. They met in Attorney Walter H Eaton's Wellman building, studied a limited partnership, signed papers, and took title to the property.
MENTIONED IN THIS ARTICLE
Jamestown
Chestnut Street
Nelson
Seventh Street
Gerald Brown
Allen Street
South Pacific
Albert J. Hodges
East Seventh Street
1Th Armored
Europe
Germany
Walter H. Eaton
Warren Man Robbed of Pants and $18
Warren resident William C. Smith reported Sunday that a casual ride turned violent when a stranger, about 24 to 28 years old, eight inches tall, 150 pounds, spoke with a feminine voice. The man slugged Smith, stripped his trousers, and fled toward State Street after stealing $18. Police seek the suspect described by Smith.
MENTIONED IN THIS ARTICLE
BRIB
William C. Smith
Warren
Mr. Smith
Stranger
Mickey
Consentia
Lakeside Port
Funeral service for Sidney A. Willis held at Bracken-Keating
The funeral for Sidney A. Willis was conducted Saturday at 2 PM at Bracken-Keating Funeral Home. Officiating were William North of the Salvation Army assisted by Mrs. North and Mrs. Manley Robbins. Three selections were sung by Adjunct North and Mrs. North with Miss Marjorie Miller accompanying. Bearers included Alfred Morrison and others. Burial in Sanford Cemetery. Attendees from away included relatives from Tidioute Titusville Franklin Waterford Niagara Falls and Torpeda.
MENTIONED IN THIS ARTICLE
Sidney A. Willis
Bracken-Keating
William North
Salvation Army
North
Manley Robbins
Beautiful Isle of Somewhere
Adj
Marjorie Miller
Alfred Morrison
Claude Stearns
Martin Costello
Patrick Castello
Arch Briggs
Carl Higby
Sanford Cemetery
Guy Gifford
Tidioute
George Proprieter
Ray Goodwill
Titusville
Catherine Flowers
Gladys Hoffman
Franklin
Wilbur Sanford
Waterford
Sadie Sanford
William Kightlinger
Niagara Falls
I. 1
Willis
Torpeda
Spittsburg Power Strike Ends After Widespread Turmoil
Reported from Page One notes skeletonized operations and forced normal expenditures to sustain business. Bell Telephone Co spent 125000 for overtime transport and power. National Supply Co with 10000 workers shut down. U S Employment Service shows 3179360 spent in unemployment compensation for 79484 people from Sept 30 to Oct 17. Mayor Lawrence called the loss staggering. Strike ended after union vote. President Mueller announced the end and pickets withdrew while men returned to first shift duty.
MENTIONED IN THIS ARTICLE
Bell Telephone Co
National Supply Co
U. S. Employment Service
David J. Lawrence
Mueller
Also Mentioned on This Page
Veise
Moxe
Red and
Hun
Mand
Keity
New York
Lieve Uis
A.B. Mungy
Kane Bank 15
Warren Man
Parke Davis
Abbotts
Upjohn
Lilly
Squibb
Mercks
Wyeth
Ree Stete
Montgomery Ward
Ieee
Bek
Chrome
Via
Hacksaw
Essimit
Spittsburgh
Manhattan
Jessup & Turner
Doll Sale
Lanston’s Annual
Lanston
Canter Street
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