Suit claims Patterson backed illegal loan firm in Alabama
Atty. Gen. John Patterson helped organize Investors Inc. and is accused in Circuit Court of running an illegal loan business. Barber seeks to revoke the charter amid claims of usurious small loans. Patterson says he sold his stock and denies involvement. Gunter, president, denies wrongdoing stating rates were fair and loans small. The case follows December Guilty plea by Gunter for unlicensed small loans.
MENTIONED IN THIS ARTICLE
Phenix
Birmingham
Patterson
Jack Gunter
Phenix City
Barber
John Patterson
Gunter
Phenix City Corporation
Investors Inc
Rebellion Talk Flares as Journalists Walk Algerian Casbah
Foreign reporters roam Algiers amid tension between Algerians and French rulers. Balconies at Government House broadcast unity with the claim of ten million Frenchmen. in the Casbah a Muslim butcher trims a sheep head while muttering about Allah.
MENTIONED IN THIS ARTICLE
Algiers
Casbah
Government House
Algeria
Sub Sinks But No Lives Lost
HONOLULU AP The submarine Stickelback sank off Oahu Island hours after a collision with the destroyer escort Silverstein during antisubmarine exercises. No one was injured. 38 crew members were returned to Pearl Harbor while the rest joined the rescue aboard Greenlet. A board of investigation will determine the collision cause.
MENTIONED IN THIS ARTICLE
Honolulu
Oahu Island
Navy
Pearl Harbor
Cmdr
Q. R. Schulz
Greenlet
Investors Inc. Faces Allegations of Excessive Interest Rates
Probate records show Investors Inc. formed in August 1956 with 27 stockholders led by Patterson owning eight shares each at 50 dollars. The charter lists aims including loans, borrowing, stock sales, revenue warrants, real estate trading, and insurance on loans. State official Lonnie Gentry accused the firm of charging rates above the 8 percent legal limit. Patterson condemned the practice.
MENTIONED IN THIS ARTICLE
Patterson
Investors Inc
Lonnie Gentry
Alabama
Gentry
Waiting for a verdict on Algerian unrest and a new Algeria
The piece recalls moslem and French tensions in Algiers after the May 13 revolution, with hopes for equality and a shift in power. A grocer warns to wait and see as barricades ease and rebels face tightened security amid a push for reform. It notes Porter’s education and a 1951 Wichita hailstorm causing about 14 million dollars in damage.
MENTIONED IN THIS ARTICLE
Rue de Lion
Algiers
Casbah
Paris
Charles de Gaulle
Algeria
Cross of Lorraine
Wichita, Kan
Banker Foresees Inflation Peak As Banks Ease Reserves
Robert Fore vice president at 1st National Bank in Birmingham told Kiwanis Club that inflation would rise due to banks lowering rediscount rates and holding less in reserve. He cited factors from the Federal Reserve Board actions to consumer caution and noted 15,000 U.S. banks with Bank of America as a large $10 billion annual player.
MENTIONED IN THIS ARTICLE
Kiwanis Club
Robert Fore
1St National Bank
Birmingham
Federal Reserve Board
Bank of America
State National
Alabama
Fore
Local Employers Named In Wage and Hour Suits
Four Alabama employers face U S Labor Department actions seeking injunctions and back pay totaling $8 010 96 for seven workers across two cases Berman Brothers Iron and Metal Birmingham and Elzie Cantrell operator of Decatur Iron and Metal Works are defendants in separate suits alleging violations of the Federal Wage and Hour Law Cantrell produced scrap later sold by Berman in interstate commerce Cantrell faces a separate suit for 6978 20 in back wages Russell Coal and Clay Company Inc Lester H Russell and Vester R Russell coal miners of Cordova and James J Owens operator of Owens Lumber in Samson are named in further actions A Methodist Church report notes 1 000 new members daily in 1957 for faith related figures
MENTIONED IN THIS ARTICLE
Birmingham
Alabama
U.S. Labor Department
Berman Brothers Iron & Metal Company
Elzie Cantrell
Decatur Iron & Metal Works
Berman
Cantrell
Berman Brothers
Russell Coal & Clay Company, Inc
Lester H. Russell
Vester R. Russell
Cordova
James J. Owens
Owens Lumber Company
Samson
Health science of the future and chiropractic
A public service article by Dr. Judson Pitts argues chiropractic is a future health science. It claims chiropractic treats the cause of illness by regulating life energy and extending life, with details about electricity as an undefined force. Clinic: 916 Sixth Ave SE, phone EL 3-5805.
MENTIONED IN THIS ARTICLE
Judson Pitts
6Th Ave. S.E
Also Mentioned on This Page
J. P. Pierce
Dial
Second Ave
Sterchi’s
Asher
NORGE
3. H.P
Vaa
Baa He Ee
South
2Nd Ave
Robert Martin Reich, Jr
Kathy Hampton
St. Louis
Kathy
James Hampton
Hartselle
M. J. Murphree
Oneonta
Hartselle Camp
Africa
Murphree
Albert Twell
Albert Boutwell
Sam Engelhardt
Boutwell
Senate House Committee
NAACP
Pd Pol
Walker, Chon
Cole Porter
Harvard Law School
Harvard School of Music
Banker
D. H. Davis
Chicago
ALL Shriners
American Legion
Huntsville
Muscle Shoals Shrine
Decatur
Nashville
Methodist Church
Labor Department
Secretary of Labor
James P. Mitchell
Labor Secretary
Health Science OF the Future
J. P. Pitts
B.E Goodrich
Goodrich
B.e.goodrich
Cor. Lee and
Oak Sts
Emmett McClary
Mgr
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!