Life policy loans offer cheaper funding than high interest bank loans
The Associated Press reports that life insurance owners are borrowing heavily against policies as banks charge record high rates. Policy loans run about five percent in most states and can cover up to 95 percent of cash value. Loans are available on straight life limited pay and endowment policies but not on term insurance.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Life
Insurance
$2.1 Million Price Tag On Maxey Lake Drainage Upgrades
City engineers set a preliminary $2.1 million estimate for a complete drainage package around Maxey Lake and warned the figure could rise. Public Works Director Sam Wahl told the City Council a final report awaits a playa lake development study and criteria for flooding highs may change. The plan calls for two large storm sewer lines to move water to the lake from the south east and west areas.
MENTIONED IN THIS ARTICLE
Maxey Lake
Sam Wahl
Quaker Avenue
West Texas Air Terminal
Ralph Spencers
Fred Senter
Wahl
Maxey Park
Playa Lake
Playa Lakes
Severn
Wanl
Quaker
Casualties Down as Raging Vietnam Battles Persist
Heavier fighting north of Saigon and in the Mekong Delta left 100 Americans killed and 592 wounded last week, while U S air cavalry and gunships killed scores of North Vietnamese in three major clashes near Saigon. South Vietnamese troops fought two battles in the delta, with 31 enemy killed.
MENTIONED IN THIS ARTICLE
Saigon
Mekong Delta
U.S
da Nang
ARVN
Delta
United Press International
Lubbock Council Approves Purchase of 19 000 KW Generator
Lubbock area officials approve buying a 19 000 kilowatt generator to boost power capacity for Lubbock Power and Light. The decision appears in the local section with other city, water district, and regional notices. The paper notes accompanying items such as water district races and state tax reform debates.
MENTIONED IN THIS ARTICLE
Lubbock
Area
Today's Prayer Expresses thanks for Jesus Christ
A devotional prayer thanks God for sending Jesus Christ to live and die on earth and to rise, teaching life and eternal salvation. The prayer closes with an Amen.
MENTIONED IN THIS ARTICLE
Lord Jesus Christ
Manson arraigned as murder case expands in Tate killings
Charles Manson, 35, appeared with arms folded at arraignment on murder conspiracy charges related to the Tate killings. He objected to public defense citing possible conflicts and sought witness-question rights. Deputies hunted for missing stuntman Donald O Shea as authorities consider additional clan-linked deaths. Atty Younger pushes a speedy trial within 60 days of defendant return.
MENTIONED IN THIS ARTICLE
Los Angeles
Sharon Tate
Charles M. Manson
Milles
Miller
Manson
Tate
Donald O'Shea
Los Angeles Times
Dist Atty
Evelle J. Younger
California
Tax Bill Shows Senate Passage and Leadership Shuffle
The Senate approved a 69 to 22 tax bill amid opposition from President Nixon and GOP critics. Eighteen Republicans joined 51 Democrats, while two Democrats and 20 Republicans voted no. Senator Williams stunned by resigning from the Finance Committee conference, replaced by Senator Miller. The measure is touted to raise revenue but lower individual taxes next year, with exemptions increasing and boosts for Social Security and poor and retired Americans.
MENTIONED IN THIS ARTICLE
Aquamene-journal
Washington
Senate
Nixon
John J. Williams
Delaware
GOP
Finance Committee
House
Williams
Jack Miller
Reows
Gerry Burton
Avalanche-Journal
South Plains
Boniface
Christ Child
Martin Luther
Albertimittee
England
Inquest Date Set in Kopechne Death Case
Edgartown Mass January 5 Judge James A Boyle set the inquest date into Miss Mary Jo Kopechne death in Senator Edward M Kennedy auto crash. Proceedings likely four to five days. Kopechne 29 of Washington DC found dead when Kennedy car plunged into tidal pool on Chappaquiddick Island July 19.
MENTIONED IN THIS ARTICLE
Edgartown
Mass
Mary Jo Kopechne
Edward M. Kennedy
James A. Boyle
Edgartown District Court Jludge
Pennsylvania
Vicim
Kopechne
Washington, D.C
Kennedy
Chappaquiddick Island
Inhale Tornadoes In A Lubbock Garage Experiments
Meteorologist Ted Sheehan works in a garage in Lubbock to perfect a device that simulates tornadoes using a dryer, smoke bombs, heat, and a turntable. He claims two tornado types exist and hopes to push textbooks to revise theories.
MENTIONED IN THIS ARTICLE
Larry Cheek
Avalanche-Journal
Ted Sheehan
Sheehan
U.S. Weather Bureau
Lubbock
Floyd County Pilot Injured In Helicopter Crash
The pilot, 26 year old Mike Hutcherson of Plainview, was listed in fair condition at Plainview Hospital after a helicopter crash near Aiken Floyd County. Passenger Bob Taylor, 49, of Lubbock, was unharmed. The crash occurred about 3:30 p.m. near a private residence, with the house occupant Mrs. Tom Duvall reporting the craft fell and twirled to the ground. Wind conditions were mild and damage to the helicopter was heavy.
MENTIONED IN THIS ARTICLE
Mike Cox
Paymaster Avalanche-Journal
Aiken Plainview
Taylor
Mike Hutcherson
Plainview
Plainview Hospital
Bob Taylor
Lubbock and Vicinity
Fair Cordell
Okla
Tom Duvall
Aiken
Western Floyd Co
Foc Si Taylor
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