S&L Self Insurance Bill Backed in Maryland House
Maryland House Banking and Insurance Committee approved a cooperative self insur ance fund for savings and loan associations. Gov. James support aided the measure aimed at a statewide pool with a floor of two delegates per county. A public accommodations bill faced protests from NAACP led demonstrators urging equal access.
MENTIONED IN THIS ARTICLE
George. Bowen
Annapolis
Maryland Savings and Loan Associations
House
Javes
House Banking and Insurance Committee
Senate Judiciary Committee
Govermnor
NAACP
Statehouse
Judiciary Committee
del. Alger Y. Barbee
D-Montgomery
Baltimore
Baltimore City
Maryland Savings Share Insurance Corp proposal outlined
Agitation to revise the 1950 savings and loan fund continues as Maryland lawmakers propose creating a voluntary state fund named the Maryland Savings Share Insurance Corp. Directors would regulate it with nine elected by member associations and one appointed by the governor. Initial contributions set by directors. no state money. The fund activates only if 24 associations with deposits totaling 25 million join and gain state approval. The discussion ties to ballot measures expanding petition signers for referendums, from 10 000 to greater thresholds.
MENTIONED IN THIS ARTICLE
Savings and Loan Insurance Fund
Maryland Savings Share Insurance Corp
Navy Pilot Killed in Mediterranean
Lt. Arthur H. Moore age 33 of Attack Squadron 176 based at Jacksonville Naval Air Station died when his propeller plane crashed in the western Mediterranean while deployed aboard the carrier Shangri-La. Wreckage found, no pilot trace. weather good, cause unknown. Moore, a 1952 Naval Academy graduate from Tre mont Pa, survived by his widow Charlotte Chambers, a 2 year old son and 7 year old daughter, and his parents.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Shangri - la
Mediterranean
Arthur H. Moore
Jacksonville Naval Air Station
Moore
Naval Academy
Tremont
Bureau of Naval Aeronautics
Washington
Charlotte Chambers
Hagerstown
Carroll County to Appeal $80,000 Verdict in Car Crash Case
Carroll County plans to appeal an $80,000 jury award to Mrs. Jane Staubite in an Howard County circuit case. Earl Shipley, attorney for the county, says a Court of Appeals review will be sought after a new trial motion was filed. The 1959 accident near Piney Run in Carroll County led to the high Howard County ruling.
MENTIONED IN THIS ARTICLE
Carroll County
Sykesville
Earl Shipley
Carroll County Commissioners
Court of Appeals
Jane L. Staubite
Howard County
Howard
Ellicott City
Also Mentioned on This Page
S&l Self Insurance
Frederick
Carroll County To Appeal
Calgary
Alberta
Canada
Mars Opticians
Second St
Bausch & Lomb
Zenita
Sipe
Whitesell Pharmacy
Fcr
N. Market St
the News
Maryland
Blazers
Wis
Bermudas
Geiser’s Wines & Liquors
Corner Market
ALL Saints
Washington's Birthday
Bourbon
General Electric
North Market ST
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