First Federal S and L of Lake County Announces Closure
The First Federal Savings and Loan Association of Lake County Leesburg announces it will close all day Monday to close books and prepare midyear dividend payments.
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Newspaper
Mount Dora Topic
Location
Mount Dora, Florida, United States of America
Date
Jun 25, 1953
Page
3
The First Federal Savings and Loan Association of Lake County Leesburg announces it will close all day Monday to close books and prepare midyear dividend payments.
Editor notes the essay Being Short by Aline Paul in the 1953 Woman's club contest earned honorable mention. The piece muses on height as a social burden, recalls childhood desires to grow taller, and ends with a playful jab about seeking a miracle growth drug from science to join the crowd at the front of the line.
When the mind wavers uncertainty guides it to opposing paths. Be patient with others faults for they deserve the same for yours.
A Florida journal records Punky’s solitary train journey from Gilbert Park sunsets to Akron arrivals. The entry spans a week of warm days, cooling breezes, summer rains, and reflective evenings at lakeside docks, with notes on weather, travel loneliness, and family moments.
A reflective line notes that many men fail to let core principles take root, instead uprooting them periodically as one inspects growth. The simile compares beliefs to flowers, suggesting ongoing care and patience are required for virtue to mature.
The IceHouse Players say a rummage sale will be held at the theatre on Saturday June 27. No sale will take place on Saturday July 4. The final sale in the series will be held on Saturday July 11.
The Junior League team begins its regular season after a string of practice games against Tavares at the county seat school field. A 3 p.m. Monday opener follows a 3 p.m. rematch as Mount Dora’s last Monday game was interrupted with Tavares ahead 3-2. Pitcher Bobby VanZant and catcher Billy VanZant led a 3-2 edge in that contest. The club also dropped a 5-4 decision to Tavares last Thursday with Sonny Hughes and Billy VanZant sharing pitching duties at the mound. Robby VanZant and Robert Sadler handled catching duties. Next week includes a game at Umatilla.
First Federal Savings and Loan of Leesburg announces over $90,000 in dividends for the first half of the year. Executive VP Fred E. Briles notes 3 percent dividends since 1948, with $13,820 in loans to June 1 including 88 new homes and 35 FHA or GI purchases. Interest rates for GI loans rose to 4 1 2 percent, FHA loans to 4 1 2 percent, and conventional loans up to 6 percent.
A Sydney Smith reflection notes that happiness grows from agreeable excursions, living among pleasant people, or enjoying meaningful periods of innocent pleasure, enriching a life spent in cheerful companionship.
G. Keith Funston, president of the New York Stock Exchange, advocates trading the securities of enterprises worldwide. He argues that nations welcoming capital flow and investor rights can spread modernization, aid backward areas, and foster lasting world peace and stability through free capital movement.
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