Four Months of Maryland S&L Crisis Strains Patience
Frederick reports Maryland savers endure withdrawal limits after the collapse of Old Court and Merritt S&Ls. The crisis, sparked by malpractices and EPIC debt, prompts state conservatorships, potential Citicorp purchase, and a goal to restore FSLIC protection. Officials warn deposits may remain frozen as lawmakers prepare new emergency measures.
MENTIONED IN THIS ARTICLE
Harry Hughes
Maryland
Old Court Savings & Loan
Baltimore
Merritt Commercial Savings & Loan
General Assembly
Federal Savings & Loan Insurance Corporation
S&ls
Community Savings & Loan
First Maryland
Community
Equity Programs Investment Corporation
EPIC
Citicorp
New York
Chase Manhattan Bank of New York
Merritt
Hughes
First
Old Court
Maryland Deposit Insurance Fund
Maryland Savings Share Insurance Corp
MSSIC
MDIF
Chase Manhattan
Controversial CBS duo to probe Nicaragua Sandinistas
Washington gossip centers on Mike Wallace and CBS colleague George Crile preparing a 60 Minutes segment on Nicaragua's Sandinista government. State Department worries focus and slant, amid alleged embassy access and army cooperation during filming in Managua.
MENTIONED IN THIS ARTICLE
Jack Anderson
Dale van Atta Washington
Mike Wallace
George Crile
William Westmoreland
CBS
State Department
Wallace
Crile
Nicaragua
Reagan
Vietnam
Wal- Yona Prile
Ramanasane
Sunny Managua
George Shultz
Harry Bergold
Managua
Sixty Minutes
GON
Government of
Lucette Lagnado
Washington
U.S
Bergold
Army
Cuadra
Letters to the Editor On Meter Maids and Ultrasound Safety
Readers attack meter maid enforcement and two hour parking rules while raising concerns about medical ultrasound use in fetal monitoring. The letter cites policy questions, incidents, and calls for informed consent and cautious adoption of diagnostic technology. The tone argues for reform and more careful scrutiny of ultrasound and labor practices.
MENTIONED IN THIS ARTICLE
Roy Meachum
Frederick City
Roberto Caldergo- Barcia
Montgomery County
FDA
Squirrel season opens as local hunter secures license
Clarence Benteen of Hancock received a hunting license with aid from Henry Bridges who vouched for his marksmanship. They planned to join other hunters for opening day. Also, 200 attended an officers and teachers dinner at Evangelical Lutheran Church where retiring officials Benn and Whitmore were honored. A sewer bond issue study noted Frederick’s lack of sewerage, with a 45 percent federal grant and 3,000,000 gallon daily plant capacity planned. A Gypsy Trail prompted a disturbance at People's Court as police pursued a camp linked to illegal activity. residents from Martin's Ferry were cited after gypsies traveled door to door.
MENTIONED IN THIS ARTICLE
Clarence Benteen
Hancock
Henry P. Bridges
Benteen
Evangelical Lutheran Church
Amos J. Trevor
Benn
Whitmore
Charles F. Seeger
Church School
Frederick
People’s Court
West Chures Street
West Patrick Street
Frederick Junction
Martin’s Ferry
Steubenville
Ohio
Maine
Georgia
Oklahoma
Frederick firemen at Maryland seminar and junior chamber note
Twenty Frederick firemen joined about 300 attendees at a four day University of Maryland seminar on fire fighting tactics. The Frederick Junior Chamber of Commerce hosted the country’s outstanding young farmer contest with judges John Zitfali Ray Smith Walter Hahn and Kenneth Shifflet. City Engineer Robert Whiteford retired after preparing the new engineer Robert Rothenhoefer. Whiteford will become chief engineer for Columbia developed by the James W. Rouse Company.
MENTIONED IN THIS ARTICLE
Frederick
University of Maryland
Howard M. Stroup
Charles K. Cashour
Jerry W. Hamrick
Richard D. Hamrick
Terry E. Miller
Millard M. Mastrino
G.W. Staley
Ronald A. Wachter
Charles M. Hahnel
D.S. Shoemaker
F.G. Baumgardner Jr
Joseph H. Stone
Charles G. Rhoads
John E. Wisner
Joseph O. Hooper
Clinton K. Hughes
R.E. Immerman
Robert W. Renner
Paul W. Holtz
C. Rogers
Robert Whiteford
Robert J. Rothenhoefer
Whiteford
Columbia
James W. Rouse Company
Baltimore
Tween 12 & 20 She s hooked on stealing
A reader from Nashua NH asks for help with compulsive stealing. Dr Wallace advises admitting the problem seeking help and highlights no need to steal for any reason. He endorses his teen booklet Happiness or Despair and provides mailing details for obtaining it.
MENTIONED IN THIS ARTICLE
DR. Wallace
Nashua
N.H
Copley News Service
Frederick
Also Mentioned on This Page
Frederick, Md
Chase
Virginia
Epic Partners
Stephen Sachs
S&l
Tom Mills
Marsha
Susan C. Durbin
Brunswick
Theresa R
James C
Howard Chapel Drive
Damascus
News-Post
Robert Wallace
D. Copley News Service
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