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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 12, 1967
Page
9
A retired banker proposes selling his home to his children for 25 a month with ownership only after both parents die. The plan aims to boost retirement income to 752 monthly, while keeping the house in the family. Children sign papers, risk defaults, and home remains under future control, forming a controversial but lawful arrangement.
Sacramento hearing set for October 24 to study border inspection stations used to enforce state pest guarantee laws. Assemblyman Frank Murphy warns the facilities cost about 2 million dollars annually and merit scrutiny by the agriculture subcommittee.
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