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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 15, 1963
Page
5
A public hearing in Montgomery on a Senate bill to cap installment loan interest at 8 percent is scheduled for May 22. The measure, backed by the Alabama Bankers Association, follows a similar 2 year old bill that passed the House but stalled in the Senate. The bill targets the balance of installment loans with an 8 percent annual rate, while current law allows 8 percent as a flat cap but permits continuing interest on unpaid balances through retainer contracts.
Brownie and Girl Scouts in Hartselle plan annual awards day Sunday at J C Petty Gym starting at 2 30 p m. The program will present awards to Brownies and Girl Scouts and include transfers from Brownies to Girl Scouts.
In San Francisco the Post Office will issue five hundred aerosol spray devices to mail carriers. The four inch cans are designed to spray a mineral oil and capsicum pepper solution at dogs that threaten mail routes, aiming to reduce dog attacks on postmen.
Senator George Hawkins of Etowah County chairs the Senate Banking Committee and announces a hearing to begin at 10 a.m. The briefing outlines the committee’s next steps on banking matters and invites testimony from involved parties.
A major U S steel producer markets a pipe lined with epoxy resin designed to carry corrosive fluids. The product is claimed to operate at temperatures up to 250 degrees.
Decatur Athens Airport Authority debated a pilot survey to gauge private fliers service by TV Flight Service Inc. A lease update to meet FAA standards was being drafted, superseding the current agreement with same expiration.
A University of Alabama group will meet with Hartselle city officials and the school board to discuss future plans for the Hartselle City School system. Mayor Grady Long read a council letter inviting members to attend the meeting at City Hall, following the board’s request for a study and recommendations.
Idaho had the best voting turnout in the last presidential election with 80.766 percent of eligible voters casting ballots. Mississippi posted the lowest rate at 25.63 percent.
A vast coastal woodland belt runs almost along the seafront of Turkey, stretching inland up to about 75 miles. Estimates place the value near seven thousand dollars for affected areas. The belt appears to cover a major portion of the shoreline region, with implications for coastal ecosystems and development plans.
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