Four point three million suit filed against Estes tied to ammonia tanks
Pacific Finance Co. sues Estes McSpadden Orr Alexander and Superior Mfg seeking 4.3 million alleging at least 2 million in loans and fraud through false contracts. A restraining order blocks asset removal. Grand jury to probe and stock prices fall as lenders face massive tank mortgage exposure across West Texas.
MENTIONED IN THIS ARTICLE
Pacific Finance Co
Dallas
Estes, McSpadden, Orr, Alexander and
Superior Manufacturing Co
Pacific
Stocks Hit By Action On NYSE Frauds in Texas Mortgage Case
New York stocks fell on Friday as several finance firms reported losses tied to a Texas fraud involving mortgages used to secure funds for purchases of storage tanks for anhydrous ammonia fertilizer. Walter E Heller & Co and James Talcott Inc issued brief statements amid limited details. Other firms such as Universal CIT and Commercial Credit also declined as the market softened, while federal charges were filed in Pecos, Texas, against four Texans for related transport fraud schemes.
MENTIONED IN THIS ARTICLE
el Paso
Wall Street
Walter F. Heller Co
Stock Exchange
West Texas
Heller
Associated Press
CIT Finance Co
Commercial Credit
Wire Services
Pecos
Lubbock Finance
FBI
Superior Manufacturing Co
Amhilla
Dallas Times Herald
Estes
Fred J. Morten
Fistes
Peccas
Visil Eistes
Amarna
Orr
Emmpleaver
Gravheir Flectra
Amirali
Lubbock
Nelson
Cit
Mespudden
Po. Hineawell
Spur
Missie English
Geecounttont
McSpadden
Tre
Aenur Fates
Sears
BFBE
MeSpadden
Washington
I. C
John Tower
Texas
Orville Freeman
Department of Agriculture
Will Wilson
Amarillo
Fuvaneine
Tenaderd
West
Armenia
Owas
Napee
Ornaet Watch Dustes
Qaias Earier
New York
CAP
New York Stock Exchange
Walter E. Heller and Co
Chicago
James Talcott
Tnc
Couise
Universal Cit
Transamerica
Pecas
Tex
von Spirtley
Pike Sel
Harold Orr
Ruet Alexander
Cole Joan TD McSpadden
Amano
Pecos Talks and Tank Tales Shake Local Confidence
In Pecos, officials dispute farm tank claims amid a wider debate over finances and trust. A county official notes nearly 7000 anhydrous ammonia tanks in Reeves County, equating to about one tank per five acres, while residents express wary, mixed opinions about the figures and local leadership.
MENTIONED IN THIS ARTICLE
Pecos Catton
Reece
Pecos Hunt
Wacitress Sand
Pecos
Birchers
House Query Slated For Billie Sol Estes
The House Government Operations Committee will hold an informal inquiry into the appointment of Billie Sol Estes to the President's Cotton Advisory Committee and into Estes grain storage activities. Texas Attorney General Will Wilson, a Democratic candidate, plans to push for a state investigation into the Estes case. Spence Wilder not run.
Births and Family News at Local Hospital
The page records multiple birth notices and family congratulations at Methodist Hospital and nearby clinics. Parents Alvin and wife celebrate a newborn son at Ste Meoard while another infant arrives at Santa Pe facility. families include Fyeddie Parkman and Norbert Obes among others, with various names, dates, and locations noted.
Reds Spar On Disarmament at UN Conference
An NEVA AP report notes the United States and Soviet Union sparring over verification arms control at a 17 nation disarmament conference. Ambassador Dean outlined the American stance while Khrushchev’s government avoided committing to international verification measures. Talks to resume Saturday.
MENTIONED IN THIS ARTICLE
Soviet Union
Arthaec
Dean
Prehoer Khrushchevv
Palace of Nations
Foreagn
Valerian A. Zari
Sad Plean
Zotin
Coshairpren
Texas schools face $4.5 million segregation funding cut
Texas could lose over 4.5 million annually as federal aid to segregated schools is cut. Abe Ribicoff announced Sept 1963 suspensions of operating and construction funds for districts with many students living on federal property. Del Valle and other districts face tough decisions amid ongoing desegregation debates.
MENTIONED IN THIS ARTICLE
Texas
Austin
NAP
National Administration
Sec. of Welfare
Abraham Ribicoff
Voss Education Agency
del Valle
Bergstrom Air Force Base
Hbase
San Antonio
Fu Pasa
Yeleta
Killeen
Mridua
Nreurin
Soul
Pibicaff
Toon Katee Education
Whdch
Florida canal linking Atlantic to Gulf may become reality
A Florida government plan envisions a cross state canal linking the Atlantic to the Gulf. Governor Bryant touted a 28 state, 279000 mile waterway network with five docks and a navigable path two thirds already usable. Estimated cost ranges up to 200 million with a 195000 congressional appropriation aiding study.
MENTIONED IN THIS ARTICLE
Atlantic
Gulf
Cabinet Board of Conservation
Florida Canal Authority
Bryant
Fiorida
Florida
Mississippi
Missouri
Texas
Porida
Andrey Jackson
Titusville
Ribicoff Seeks Federal Action on Segregated Schools
Ribicoff outlines possible cuts to impacted area funds and may file a test suit to end federal aid to segregated districts. He notes about 200 federal installations are served by segregated schools while stressing a Justice Department decision will determine next steps amid Southern opposition and renewed debate on policy consistency. Philippine officials in Manila discuss Southeast Asia tensions with Vice President Polaez and Thai representatives.
MENTIONED IN THIS ARTICLE
Ribicoff
White House
Kennedy
Commissioner of Education
Adam C. Powell
J. Stromp Thurmond
Sen
Lister
Llegal
Georgia
Richard B. Russell
Herman E. Talmadge
Civil Powits Commission
Richicoff
Serre
Watad
House
Justice Department
Office of Education
Miltary
Congress
Thais Manila
UPI
Emmanuel Polaez
Southeast
Als
Spring heat and snow storms sweep across states
A spring heat wave hit New York as a spring snowstorm spread through Colorado and nearby areas. New York reached 79 degrees, while Colorado towns reported 14 to 18 inches of snow on mountain passes. Snow depths rose to over two feet on some markers, with lighter accumulations elsewhere.
MENTIONED IN THIS ARTICLE
Associated Prean
New York
Colorado
Walsenburg
Colo
la Veta Pass
Wolf Creek Pass
Colorado Highway Department
Puebble
Denver
Kansas
Texas Panhandle
Arizona
Upper
Great Lakes
Iowa
Weather Bureau
Rock River
Floyd
Little Sioux
Missouri River
Nebraska City
Neb
Mississippi
New York State
Tennessee
Texas
Oklahoma
Alabama
Gulf
Atlantic States
Continental Divide
Whitewash Window Sparks Labor Stand at Burgess Hill
London AP reports workers at Deri engineering works Burgess Hill walked off the job after management whitewashed a factory window to block distractions. Foreman and workers clashed over daylight safety and agreed to talks. workers resumed after a safety explanation.
MENTIONED IN THIS ARTICLE
London
Deri Engineering
Burgess Hill
Geoffrey Batchelor
Interoor Jt
Kennedy signs UN funding compromise for up to 75 million
Washington AP reports congressional leaders and the White House reached a plan giving President Kennedy discretionary authority to lend up to 3160 million to the United Nations. The deal allows sending at least 25 million and up to 75 million more to match other nations’ purchases, aiding UN operations in the Middle East.
MENTIONED IN THIS ARTICLE
Washington
White House
John F. Kennedy
United Nations
Kennedy
ULS
Convo
Middle East
Air route harassment by Soviets escalates in Berlin lanes
BERLIN The Russians stepped up pressure on Allied air traffic by sending eight military transports on day and night flights through Berlin air corridors to the West. Western commercial planes and Allied military crafts were present but no incidents were reported. Jets over Berlin cracked the sound barrier at least six times while transports appeared briefly in Berlin and Hannover. No Prussian flights occurred in the Frankfurt or Hamburg corridors.
MENTIONED IN THIS ARTICLE
Berlin
APL
Therussians
Ilannover
Frankfurt
Hamburg
May Cause Defense Change Radiation Amnesia In Robots
Washington report surveys a theory that neutron radiation from nuclear blasts could erase memory in computer brains of missiles and ground systems. If true, inertial guidance and early warning networks like Nike Zeus and BMFS might fail without physical damage. Researchers seek to determine how near a blast must be to disable operation.
MENTIONED IN THIS ARTICLE
Washington
mid-Pacific
United States
White Named for Supreme Court Seat Amid Connecticut Run
President Kennedy selected Warren E. White for the Supreme Court vacancy caused by Justice Whittaker's retirement. White, a former football star, Rhodes Scholar, Yale Law School graduate, and Navy veteran, was praised by Atty. Gen. Kennedy as a distinguished nominee. White's background includes Denver law practice, corporate work, and service as an aide in World War II, with early life rooted in Colorado and Ohio connections.
MENTIONED IN THIS ARTICLE
Senate
Connecticut
Labor
Arthur J. Goldberg
Harvard Law
Paul A. Freund
Appeals Court
Justice Department
Justice Whittaker
Robert F. Kennedy
Supreme Court
Kennedy
White
Denver
Fingl
London
Roosevelt
Britain
Oxford
University of Colorado
Naval Intelligence
Fred MM. Vinson
Corporation
Colorado
Pittsburgh Steelers
United States
Yale Law School
Detroit Lions
Arelph A. Burke
Navy
Lewis, Grant and Davis
Citizens For Kennedy
Fort Collins
Calo
Wellington
Marion Stearns
Charles
Nancy
Texas Snow and Rain Dampen State Wide Weather Review
A springtime cool front brought snow hail and thunderstorms to Texas. Dalhart recorded 30 degrees as light snow and rain fell across North Central areas. Lubbock saw limited activity while most regions remained cloudy and chilly with northerly winds. Heaviest rainfall totals reported included Chainsville 1.09 inches , Fort Worth 1.10 inches , Gordonville 1.12 inches , and Springtown 1.10 inches.
MENTIONED IN THIS ARTICLE
Texas
Panhandle
Dalhart
Lubbock
Jeast ‘Lexas
Jel Paso
Chainsville
Fort Worth
Gordonville
Springtown
Blue Law Fine Incurred By Local Car Salesman
A Lubbock car salesman pleaded guilty to violating the Sunday blue law by demonstrating a car at a home for a prospective buyer. Odis Edwards was fined 25 dollars plus court costs in Justice of the Peace court by George McCloskey. Edwards worked for Bout-New Motors at 1303 th St and said the lot was closed Sunday with orders not to offer cars for sale that day. County Attorney Fred West noted the employer was away that weekend. Edwards and Smith signed the written statement. the complaint was filed by Earl Eubanks, city policeman.
MENTIONED IN THIS ARTICLE
Lubbock
Odis Edwards
Justices Court
Cuse
Justice of the Peace
George McCloskey
Edwards
Lee Smith
Bout-New Motors
Fred West
Smith
Earl Eubanks
Also Mentioned on This Page
United Press International
Gene Wells Oil Co
Sierra Blanca
Superior
Wells
McPherson
Els
Cis
Bulle Sol Ge
Billie Sol Estes
Spence Wilds
Brent Spence-Ky
Kiag UN Erat
Ine Betes
Havana
Fyeddie Parkman
West Rendp
Sbhorta
Tnrth
SN Wetehin
Brand Vers
Norbert Obes
Bea Alm
Prins
Father
Moxy Gerlin
Tiel al
Barowelgh
Davlar Hospital
Tao
Alvin
T Mionmut
Ivy
Een Weauiteran
Oimpios
Jamies Wells
Tohen
S.S
Hollan Ola
Heinrich Dlarrer
Flowery Vrais
Batlest Valley
Austria
SA Million
Ccricia Athoues
Tallahassee
Fla
Gsulf
Sarmethane
Andrew Jackson
Farris Bryant
Westinghouse Electric Corp
United Kingdom
U.S
Westinghouse
Federal Space Agency
Eddie Fisher
Liz Taylor
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