Central Mutual Casualty placed in receivership
Jefferson City Mo The Central Mutual Casualty Co of Kansas City was placed in receivership on Thursday leaving about 15000 policy holders across eight states without insurance The court found the firm lacked the 300000 surplus required by Missouri law R D Schwarz state insurance superintendent named receiver to liquidate the company The firm did most of its business in Missouri and Texas
MENTIONED IN THIS ARTICLE
Jefferson City
Central Mutual “Casualty Co
Kansas City
Gus Automobile Insurance
James T. Riley
Missouri
R. D. Scharz
Central Mutual
Texas
VA Aide Appointed Press Aide to LBJ
Lloyd Hackler, a former Oklahoma and Texas newspaper man, was named associate White House press secretary in Washington. The appointment adds a veteran reporter to the president's communications team and signals enhanced media liaison.
MENTIONED IN THIS ARTICLE
LBJ
Washington
UPI
Am Motors Faces Loss. Sells Redisco to Chrysler
American Motors reportedly plans to sell its financing unit Redisco Inc to Chrysler Corp to raise cash after a looming 30 million loss for the first half of the fiscal year. Redisco, profitable with an estimated 3 to 4 million annual profit, carries a price around 30 million. Board chairman Roy D. Chapin Jr and president William Luneburg spearhead the move to shed Redisco and the Kelvinator appliances unit to ease near term debt due May 31 and support loan renegotiations.
MENTIONED IN THIS ARTICLE
Detroit
American Meators
Redisco, Inc
Chrysler Corp
Associated Press
American Major
American Motors
Chrysler
Redisco
American’s
Roy D. Chapin Jr
William ¥. Luneburg
Calpin-Luneburg
Kelvinator Applianca
Vision and devotion to auto marks gains momentum
The speaker pledges full commitment of time and funds to securing a firm foothold in the auto marks sector, signaling a strategic shift toward rapid expansion and market presence.
Also Mentioned on This Page
Am Motors
Ae Ee Gees of
C.O.D
Orlon
Milliery
Closet Shop
Famous Brand Shoes
Orson
Coats & Clark Machine
Coats & Clark
Granada
Dupont
Proctor
Hall China Co
Toastmaster
Pric
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