Governor Eyes Mutual Savings Intervention
Gov. George Wallace will intervene in a suit against Mutual Savings Life Insurance Co. based in Decatur to protect assets and restore public confidence after state officials clashed over control of the case. The suit, led by Joyce Hobbs on behalf of stockholders, arises amid criticism from the state insurance superintendent.
MENTIONED IN THIS ARTICLE
Montgomery
George Wallace
Mutual Savings Life Insurance Co
Joyce Hobbs
Wallace
Mutual
Bill Baxley
John Bookout
Bookout
Hobbs
Monsanto names Hieserman Pensacola nylon plant head
Clarence Hieserman named manager of Monsanto Pensacola nylon plant succeeding Robert M. Adams. Hieserman, Decatur plant head since 1966, will lead Monsanto's largest facility as Adams becomes plant manager at Echternach Luxembourg. Earlier, company announced an 85 percent pollution-control system for the Decatur plant.
MENTIONED IN THIS ARTICLE
Monsanto Textiles Co
Clarence Hieserman
Pensacola
Robert M. Adams
Monsanto
Hieserman
Decatur
J. R. Martin
L. L. Millar
Textiles
Europe
Adams
Echternach
Luxembourg
Tennessee River
Chemstrand
Morgan County United Fund
Junior Achievement of
Decatur Kiwanis Club
St. Paul’s Lutheran Church
Iowa Park
Tex
Texas Technological College
Michigan State University
Texas A & M College
Margaret
Sylvia
Robert
University of Alabama
John
Florida
Large Firms Pledged To Hold Prices Down
Thirty three major corporations have pledged to the Price Commission to limit average price increases to 2 percent or less over the next year. The plan uses a weighted price index for company products reported quarterly, allowing individual price changes as long as the overall index stays within the cap. Violations beyond 0.1 percent could lead to prosecution under the Economic Stabilization Act.
MENTIONED IN THIS ARTICLE
Philip Sharecoff
New York Times
Washington
Price Commission
Commission
Alabama Senate Reapportionment Fight Sparks Filibuster Over Property Tax Rates
In Montgomery the Alabama Senate debated a statewide property reappraisal bill with urban lawmakers filibustering to push higher assessment rates. An amendment proposed 10 percent for farms and residential property, while other plans sought 20 to 30 percent for various classes. The measure passed despite opposition citing insufficient funding and concerns over changes from current law.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Alabama Senate
Bob Wilson
Walker County
Senate
George Lewis Bailes
Jefferson County
Department of Revenue
Corporations Join Price Commission Term List Price Plan
Large firms increasingly adopt the price commission's term list price system to qualify for simplified reporting procedures. Officials report more companies seek eligibility as the program expands.
MENTIONED IN THIS ARTICLE
Commission
The
Price Commission
Com
Hunting Mishap Kills Area Man in Alabama
Neal Posey a Livingston area plumbing contractor in his early 50s was killed when a shotgun in the rear of a Land Rover discharged as two dogs jumped on the weapons near Geiger Alabama. Posey died instantly as Auburn University students aiding in loading deer watched. Posey’s body was taken to Causey Funeral Home in York and funeral services will be announced.
MENTIONED IN THIS ARTICLE
Livingston
Moulton
Here
Sumter County
Melvin Stephens
Posey
West Alabama
Geiger
Auburn University
Causey Funeral Home
York
Huntsville
Lawrence County
Dan Ligon
Viet Cong shell U S base near Saigon in heavy attack
Viet Cong forces fired 20 mortar rounds into a U S fire support base about 20 miles northeast of Saigon in the heaviest shelling on Americans in six months. Apollo 16 launch delayed from March 17 to April 16 to fix spacecraft separation fault and improve lunar gear. An explosion wrecked a two story hospital annex in McKeesport injuring 22 people, two critically.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Washington
Space Agency
Mckeesport, Pa
City Hospital
Nixon Opens Re election Bid and Humphrey Plans Announcement
President Nixon officially announces reelection candidacy via a New Hampshire letter and keeps his name on the March 7 New Hampshire primary ballot. Sen. Hubert Humphrey says he will announce his Democratic bid in Philadelphia and rejects a vice presidential role. Mayor John Lindsay says he will run in Pennsylvania on April 25. Florida’s Richard Stone notes George Wallace inquiries for the March 14 Florida primary, though Wallace does not declare. The entry deadline for the Pennsylvania primary is 5 p.m. Monday.
MENTIONED IN THIS ARTICLE
Nixon
Hubert H. Humphrey
New Hampshire
Lane Dwinell
Minnesota
Philadelphia
U.S
Humphrey
John V.lindsay
New York
Pennsylvania
Commonwealth
Lindsay
South
Florida
Richard Stone
Alabama
George C. Wallace
Wallace
Stone
North Viets Recognized By Indians
New Delhi announces full diplomatic relations with North Vietnam in a move seen as a gesture to the Soviet Union. U S officials warn that unilateral recognition could affect Indochina peace efforts and India’s role in the International Control Commission.
MENTIONED IN THIS ARTICLE
North Viets
New Delhi
United States
India
North Vietnam
Soviet Union
Pakistan
Hanoi
Indochina
William P. Rogers
South Vietnam
Saigon
International Control Commission
Okinawa Set to Return to Japanese Control May 15
President Nixon and Japan's Prime Minister Eisaku Sato announced Okinawa would return to Japanese control on May 15, six weeks earlier than planned. They cited progress on economic ties and agreed to a Washington Tokyo hotline to improve high level communications.
MENTIONED IN THIS ARTICLE
San “Clemente
Calif
Nixon
Japan
Eisaku Sato
Okinawa
United States
Washington
Tokyo
Also Mentioned on This Page
C.E. Hieserman
Magnavox
Robinson Furniture
Second Avenue
U. S
New Orleans
Dial
Athens
Tennessee Valley
Billy Smith
By Jim Dembowski
Revenue Department
Morgan County
Bob Harris
Dale Bruce Jordan
Wkac Radio
Jordan
Sonny Turner
Neal Posey
Shreveport
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