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Newspaper
Eagle Lake Headlight
Location
Eagle Lake, Texas, United States of America
Date
Jan 30, 1958
Page
2
Ada Fanner and daughter visited Saturday with Mrs Finney's sister and brother while Betty Rag attended. Miss Pape Gee-Well teased the children about behavior and replied that they had behaved well today.
The Colorado County permanent school fund will increase by about 4000 through a shift in investments. Government bonds of 100000 par bearing 3.75 percent were sold at a premium, with 5000 invested in Texas municipal and school securities. Annual earnings rise to about 500, distributions to public schools drop from 2 to nearly 1 cent per capita. Proposals from brokers were reviewed. Mason Cox of San Antonio approved. Purchases include 45000 City of Eagle Lake, Beaumont, and Corpus Christi securities, plus school lots. Local residents visited Austin and Bay City during the weekend.
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