Not a Nice Picture of Santa Barbara Bond Scheme
Gov. Brown and the legislature face sharp criticism over a Santa Barbara land development plan that created a tax exempt special district. Promoters controlled bonds and voting, selling them to investors before a bankrupt 10 per center firm drained funds, raising questions about legislative responsibility and oversight. The episode tarnishes Brown’s public image and highlights risks in tax exempt bonds issued by self interested districts.
MENTIONED IN THIS ARTICLE
Gov. Brown
Santa Barbara
Los Angeles
L.A.C
$11 Billion Roads Bill Sent to White House
Congress approves a new highway bill backing a $11.56 billion federal share over ten years to complete a vast interstate network by 1972. The act raises gas and other taxes, with 90 percent federal financing and incentives for billboard regulation. Enactment takes effect Saturday and aims to accelerate state contracts and funding.
MENTIONED IN THIS ARTICLE
White House
Washington
Congress
IL Larne
Independent
Sixth St
Pine Ave
Lona” Beach
Calif
Long ‘Beach
Perio Court
Joe Angelss County
Actress Greta Thyssen Denies Large Dress-Store Debt
Greta Thyssen, 28, former Miss Venmark and film actress, testifies at a Los Angeles debtor hearing she is broke with only 50 in a New York account and 4 in cash. Walter Emeson won a judgment against her for clothing bought in 1956-57. she last worked February 1960 earning 1000 weekly for Visit to the Seventh Planet.
MENTIONED IN THIS ARTICLE
Greta. Thyssen
Miss Venmark
Actres
Los Angeles
J. W. Saunders
New York
Walter Emeson
Studio City
Miss Thyssen
Saunders
Visit To the Seventh Planet
Ya Ferguson Buried Beside Her Husband
Miriam A. Ferguson 86 died Sunday from a heart attack and was buried Monday beside her husband James E Ferguson after a simple home funeral. The former Texas governor and her spouse were the only husband and wife to win governors of Texas.
MENTIONED IN THIS ARTICLE
Austin
Miriam A
Ma) Ferguson
James E
Farmer Jim) Ferguson
Texas
House Ups Debt Limit Five Billion
The House voted to raise the national debt limit by five billion dollars pushing the ceiling to 298 billion, the highest peacetime level. The vote was 231 to 148 after debate on spending and risk of deficits, with warnings from Republicans and calls for action to avoid breaching the current 293 billion limit by July 1. Senate committee hearings were set for today.
MENTIONED IN THIS ARTICLE
Washington
House
Congress
Treasury
Senate Finance Committee
Five Workmen Die as Crane Strikes Power Line
Five workers in Asti and nearby Laly Pine were killed when a giant crane struck a high tension electric cable on Monday. Three others were injured in the incident. Local authorities are investigating the accident at the work site.
MENTIONED IN THIS ARTICLE
Asti, Laly Pine
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