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Newspaper
Junction Eagle
Location
Junction, Texas, United States of America
Date
Apr 22, 1937
Page
2
FDIC is set to begin payments to depositors of First State Bank Arlington Texas after suspension. Bank held about 540000 in deposits, with an estimated 500000 insured. Over 3000 depositors affected in the seventh Texas insured bank closure since 1934.
Weldon Phillips withdrew from school last Monday. Many Segovia residents and visitors added to the week with trips to Kerrville Junction and Fredericksburg. Notes include convalescence of Rev. Wm. Bierschwabe and local family visits, car purchases, and a humorous closing quip about gardens, a will, and candy.
Traffic experts calculate the time saved by driving 40 mph on a five mile city course versus 25 mph. The gain is only minutes, prompting a warning to value safety and cooperation, with a closing quote from Rev Carlos G Fuller and a Ruskin adage about Texas sulfur production.
The article notes that before 1883 there were 48 railroad times in use in the United States. On November 18, 1883 standard time was adopted, reducing to four zones: Eastern, Central, Mountain, and Pacific. A quote from Edward Everett Hale cautions against bearing multiple troubles at once.
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