Bill Gives Federal Agencies New Powers Over Unsound Banking
Senate approved a bill authorizing five federal regulators to issue cease and desist orders and remove officials in cases of unsafe banking practices. The measure, backed by Treasury and bank regulators, aims to curb misconduct without closing institutions. Opponents sought broader preventive controls and state-branch coordination.
MENTIONED IN THIS ARTICLE
Lubbock Avalanche-Journal
Washington
Senate
House
Bank of Savings and Loan
John L. McClellan
Treasury
Federal Reserve Board
Federal Home Loan Bank Board
Fedae Deposit Insurance Corporat'on
Ing
Arkansan
San Francisco National Bank
Brighton
Colo
McClellan
Comptroller
Justice Department
Proxmire
Wisconsin
Commissioners Approve Payment of 54 202 Special Bills
The court approved 54 202 45 in special bills across multiple funds including General Fund utilities street and welfare items. Notable entries include Hunt er-Hayes Elevator Co. $229 Sides Printing Co. $182 and Texas Bookbindery $153.89 Road funds show right of way and tire costs from Cagle's Tires and Appliances and Roy Jones dump ground charges. Additional items cover groceries, gasoline, telephone service and insurance. A supplemental list covers indigent defense attorney fees and court reporter expenses. World’s fastest novelist Erle Stanley Gardner noted.
MENTIONED IN THIS ARTICLE
Kenneth Irish
Avalanche-Journal
Lubbock County
Lubbock
County Commissioners Court
Rodrick L. Shaw
Arch Lamb
George Green
Les Derrick
Alton Brazell
Brazell
Lamb
Jane Rieger
Derrick
Green
Dallas
Lubbock Independent School
Royal Furgeson
Precinct 4
West Texas Equipment Co
Plains Machinery Co
Stafford-London Co
NCR
J. S. Barnett, Inc
Hill Printing Co
Bennett Printing Co
Steck Co
Lake
Lubbock County Commissioners Court
General Fund
Lubbock Power and Light and Water
Hunter-Hayes Elevator Co
City County Welfare Department
City of
Booth Plains Electric ©Rative, Inc
Cagle
Roy Jones
Roy Wayne Jones
Bernhard Klattenholf
Doggett and Taylor
Kimbell Instittional Foods Co
Leftwich Food Market
Swift and Co
Gulf Ofl Corp
Southwestern Bell Telephone O
Sides Priniing Co
Xerox Corp
Shallowater Park
Doggett and Taylor Agency
Slaton Park
B. H. Hollinger
Texas Ec Co
Texas Bank and Trust Co
Methodist Hospital
West
Texas Hospital
University Hospital, Inc
Jim Yester
Zack Payton
Southwestern Public Service Co
Lubbock Poster Co
Brock, Wright, Waters and Galey
Flo Swenson
Johnny R. Edillipe
Don Hunt
William T. Kirk
Clifford Brown
Juanita Clark
Midland Solon To Speak At Lubbock Young Republicans Meeting
Republican state representative Frank Cahoon of Midland will speak at the first regular meeting of the Lubbock County Young Republicans at 8 p m today at the First Federal Savings and Loan on 34th Street. A reception at Town Plaza will follow with Ernest Angelo and Glenn Looney as special guests.
MENTIONED IN THIS ARTICLE
Frank Cahoon
Midland
Lubbock
Joe Baldwin
34Th Street
First Federal Savings and Loan
Lubbock County
Young Republicans
Rep
Cahoon
University of Texas
Ernest Angelo
Texas Young Republican Federation
Glenn Looney
Shirley Allen
Peggy Moseley
Bill Dunn
Four Injured In Two Car Collision At City Intersection
A two car crash at Ave Q and Ave P shortly after 1 p.m. Monday left four people injured, with two badly enough to require hospitalization. Drivers Herman Biggerstaff and Billy Bob Sutton were identified, with passengers D T Pierce and Mona Pierce admitted to Methodist Hospital.
MENTIONED IN THIS ARTICLE
Ave. Q
Ave. P
Herman Biggerstaff
63Rd St
Billy Bob Sutton
Rt. 1
Snyder
Sutton
D. T. Pierce
Mona Pierce
Methodist Hospital
Pierce
Biggerstaff
West Texas
United States reviews Red China bid to UN amid Formosa issue
Ambassador Arthur J. Goldberg said Washington is examining its stance on admitting Red China to the United Nations while maintaining support for Nationalist China and Formosa. He noted the issue will reappear at September’s General Assembly and cited UN roles in Kashmir Cyprus and Middle East peace efforts.
MENTIONED IN THIS ARTICLE
Washington
Arthur J. Goldberg
United States
United Nations
Goldberg
Johnson
Red China
Unitedtates
Formosa
World Organization
Formosa i
General Assembly
U.N
India
Pakistan
Kashmir
Cyprus
Israel
Also Mentioned on This Page
County Tax Office
Mary Elizabeth Wheeler
Janet McMillan
C. Mitchell
Tom Brown
Fireman’s Fund Insurance Co
Martha Cannon
Bill Crutcher
Annette Martin
Loop 289
Lynn County
Brazel
Shaw
G. E. Lawson
William Proxmire
Dwis
American Bankers Assn
The
United States Saving and Loan League
Lubbock Avalanche Journal
Suh
Avenue J
Texas
Comenseas
Aes
Erle Stanley Gardner
Lubbock Power and Light
Southwest
Lubbock Power
Lubbock Power & Light
Solon
Red
China
Peking
Pacific Finance Office
Pacific Finance Manager
Call Sra Rade Tele Pacific
Transamerica
Harlan Lambert
Texas Avenue
Doug Roper
G.E
General Electric
GE Mobile Maid
Thoro
Robert Spence
Avenue
Lubbock, Texas
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