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Danville Register in Danville, Virginia

20 Jan 1974

Page 5

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Danville Register January 20, 1974 Page 5 old newspaper archives

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Newspaper

Danville Register

Location

Danville, Virginia, United States of America

Date

Jan 20, 1974

Page

5

Optimistic outlook for depositors in two Virginia loan firms

Virginia acting banking commissioner Ralph S. Jessee said he is very optimistic that depositors in the closed Richmond Industrial Loan & Thrift Corp. and Roanoke Industrial Loan & Thrift Corp. will recover all funds, though no timetable can be given. The two uninsured firms were shut by the State Corporation Commission amid concerns about their parent Diversified Mountaineer Corp. of Charleston.

MENTIONED IN THIS ARTICLE

Richmond Virginia Richmond Industrial Loan & Thrift Corp Roanoke Industrial Loan & Thrift Corp Ralph S. Jessee Dow. 3 State Corporation Commission Diversified Mountaineer Corp Charleston W.va Richmond Industrial Roanoke Industrial Virginia Loan & Thrift Corp Winchester Bank of Virginia Co Peoples Industrial Loan Corp Danville Mutual Savings & Loan Co Norfolk Roanoke Norfolk Savings & Loan Corp SCC Norfolk Savings Norfolk Savings & Loan General Assembly Senate Commerce and Labor Committee T.R. Price Diversified Mountaineer Corps
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Fayetteville Woman Slain In Baltimore Bus Station

Fayetteville resident Charlotte Lessem, 69, was fatally stabbed on the second floor of the Baltimore Greyhound bus station. Two teen girls are charged in the slaying. She had been traveling with a friend to Bermuda and was pronounced dead at Maryland General Hospital.

MENTIONED IN THIS ARTICLE

Fayetteville ALC Charlotte Lessem North Carolina Miss Lessem Baltimore Greyhound Maryland General Hospital R.B. Lessem Chelsea
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Oil Spokesman Links Leases and Imports to Energy Crisis

In an exclusive AP interview Frank Ikard, president of the American Petroleum Institute, blames the 1960s failure to lease offshore areas and a patchwork oil import program for the U.S. energy crisis. He says policy neglect, delayed action until 1973, and tax changes reduced onshore and offshore drilling, while refining limits and siting problems impeded U.S. energy development.

MENTIONED IN THIS ARTICLE

Associated Press Washington Frank N. Ikard Ikard William E. Simon Federal Energy Office Texas American Petroleum Skard Thard Treasury Alaska
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Also Mentioned on This Page

Cincinnati Area Bermuda Persian Gulf United States A — Thye Tinker Toy Administration Oil Import Control Program Virgin Islands Ella Frances Irby Hurt Bank of Personal Servce Member Federal Deposit Insurance CO TION State RD Shockoe Haley Or Motley Farm Chatham Dorothy M. Hutcherson Shields Emt He. Wa Spring St THE DOVER U.S. 58 Turbeville P. O FHA Farmers Home and Savings and Loan and Bank
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