Sandblom Probe Begun Into $25 Million Bankrupt Debacle
Corpus Christi AP state securities commissioner William M. King ordered a new probe into the bankruptcy of Paul Amos Sandblom after his nationwide financial empire collapsed on January 7. An estimated $25 million in debts remains, with assets totaling about $27,000. Sandblom invoked the 5th Amendment 128 times at a bankruptcy hearing and offered little comment on hidden assets or property. About 3,000 to 4,000 investors nationwide were affected as investigators seek answers on where funds went.
MENTIONED IN THIS ARTICLE
Corpus Christi
Tex
Paul Amos Sandblom
William M. King
Sandblom
Robert Burke
Burke
Ant
A. Earl Jourde
Richard G. Lockwood
Darrell Hester
U.S
SEC
Oscar Spitz
Hilton Schorre
Heart Transplant Gives Brief Hope Before Death
Surgeons at University of Mississippi Medical Center transplanted a heart into a patient dying of heart failure. The donor heart beat for about an hour before the patient died, marking what officials called perhaps the first human heart transplant, though the heart proved inadequate for the recipient’s needs.
MENTIONED IN THIS ARTICLE
Jackson, Miss
UPI
University of Mississippi Medical Center
Tient
Senate Finance Committee Finishes Record Tax Cut Bill
The 17 member panel approved an $11.5 billion tax cut after a frantic day of reversals. The measure would cut rates for individuals and corporations with two thirds in effect this year and the rest in 1965. Johnson opposed excise tax reversals that lifted the price tag.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Finance Committee
House
U.S
Johnson
Capitol Hill
Treasury
Blizzard Threats Across Plains and Midwest Weather Warnings
A multi state blizzard and severe storms prompted tornado warnings in northern Arkansas southeast Missouri southern Illinois and northwest Kentucky as heavy snow fell across the Dakotas to Michigan. Frosty conditions and hail disrupted travel with several traffic incidents reported and snow warnings issued for eastern North Dakota northern Minnesota and upper Michigan.
MENTIONED IN THIS ARTICLE
United Press International
Plains
Mississippi Valley
U.S. Weather Bureau
Arkansas
Missouri
Illinois
Kentucky
Dakotas
Michigan
Midwest
Gulf Coast
Minnesota
Fargo
N.D
Simmon
S.D
Duluth
Minn
Vichy
Rockford
Ill
St. Louis
Columbus
Miss
Gulf Coast States
North Dakota
South Dakota
Upper Michigan
Front Brings Winter Back to Southwest Oklahoma
A cold front returns winter with cooler weather and below normal temperatures through Wednesday. Scattered snow showers hit the northwest while the extreme southeast sees rain. Kiamichi ranger station reports about an inch of rainfall. Highs near 45, with tonight dipping lower than last night.
Two Years Grace Given Court Rules State Solons Cant Be Paid As Teachers
Directors of the closed Southern Hills Bank Tulsa report a mysterious loss of assets totaling over 330000. The conservator and bank officials note adjustments amounting to 211353 and about 120000 in demand deposits as unexplained. The disclosure was sent to U S authorities including U S Attorney John M Imel and the Comptroller of the Currency.
MENTIONED IN THIS ARTICLE
Tulsa
Southern Hills Bank
Comptroller of Currency
U. S
William H. Greenfield
Dallas
Oklahoma Supreme Court rules teacher-legislator pay illegal
The Oklahoma Supreme Court ruled it unconstitutional for a legislator to teach in a state aid district and ordered payment of Rep. Garfield Settles salary under a writ. It granted two years grace before the rule takes effect, delaying immediate enforcement until 1965. The decision notes about a dozen lawmakers teach while serving.
MENTIONED IN THIS ARTICLE
Oklahoma City
UPI
Oklahoma Supreme Court
Garfield Settles
Milleston
McCurtain County
High Court
Millerton
Area Weather Forecast Indicates Cooler Weekend
Partly cloudy and colder this afternoon with a fair tonight and Saturday. Daytime highs reach 45 degrees with tonight's low around 20. Thursday high expected at 67 and overnight low near 34. Morning reading around 43.
Train Track Walk Claims Life Of Lawton Grandmother
Carrie Van Lew a 79 year old Lawton resident died Thursday after noon when struck by a freight train near a Frisco crossing about a mile from her daughter’s home where she had been living. Deputy Tex Thixton said she was thrown about 75 feet. engineer Dave Baskett said she crawled onto the tracks before the train reached her. The train was traveling 38 mph at the time. Mrs Van Lew had gone for a walk from Country Club Estates and was not identified until 8 p.m. Her daughter Mrs David Morris reported her missing. Mrs R W Hooper helped notify authorities. Born March 2, 1884 in Missouri she came to Lawton from Lexington in 1901 and married A R Van Lew in 1907. Surviving besides Mrs Morris is Lee ACCIDENT, Pooe 2, Col. 3
MENTIONED IN THIS ARTICLE
Lawton
Carrie van Lew
S. 50Th
Tex Thixton
van Lew
Dave Baskett
Oklahoma City
Country Club Estates Addition
David Morris
R. W. Hooper
Fort Sill Seeks 3.68 Million in 1965 Military Construction
The Defense Department asks Congress for 3.681 million dollars in military construction funds for Fort Sill for the 1965 fiscal year to cover troop housing utilities supply and maintenance. Oklahoma would receive a total of 7.668 million with shared funds for Tinker Air Force Base and other bases.
MENTIONED IN THIS ARTICLE
Constitution
Washington Bureau
Washington
Defense Department
Congress
Fort Sill
Pentagon
Oklahoma
Tinker Air Force Base
Oklahoma City
Air Force
Altus Afb
Vance Afb
Enid
Johnson
Deadline Nears For Auto Tags 1964 Purchase Details
Ralph Hennessee tag agent announced the deadline to buy 1964 auto tags without penalty is January 31. A 10 cent per day late fee applies until March 2 when prices double. About 10,600 tags have been sold, below last year’s pace. The tag office at 217 E. opens 8 to 4 weekdays and 8 to 12 Saturday.
MENTIONED IN THIS ARTICLE
Ralph Hennessee
Hennessee
Pioneer City Industrialist Fred Larrance Sr Honored
Fred Larrance Sr a Lawton pioneer industrialist was honored at a Chamber of Commerce luncheon for 63 years of civic service and faith in Lawton He received an engraved plaque at the Hotel Lawtonian Clyde Cole Enid Chamber leader delivered the keynote Mayor Wayne G urged citizens to follow his example Larrance born in Topeka moved to Indian Territory in 1894 and settled in Lawton in 1901 He runs Larrance Tanks Corp employing about 50 to 75 workers serving Oklahoma Texas and New Mexico
MENTIONED IN THIS ARTICLE
Fred Larrance Sr
Lawton
Chamber of Commerce
Clyde Cole
Enid
Larrance
Larrance Tanks Corp
Gilley
Larrance Corp
Oklahoma
Texas
New Mexico
Topeka
Kan
Indian Territory
Stroud
Oklahoma City
Lawston
Lee Larrance
Brigade Speeds Across Pacific Under Quick Release Plan
Washington AP reports a 4000-man 25th Division infantry brigade will fly 5000 miles from Hawaii to Okinawa aboard C135 and C124 aircraft. Depot ships loaded with tanks artillery and stocks sail from Subic Bay to meet reinforcements at crisis points.
MENTIONED IN THIS ARTICLE
Washington
Pacific
Hawaii
Okinawa
Military Air Transport Service
Subic Bay
Philippines
Also Mentioned on This Page
Glen Norman
Corpus Christi Second Baptist Church
Waterloo
Iowa
the Morning Press
Medical Arts Building
Stott
Public Service Co
Pioneer
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