Senate probes loan insurance rate hikes at big bank
Washington reports the Senate Actitrust and Monopoly subcommittee examined Bank of America and other lenders over a $130 million loan insurance profit, showing insurance premiums rose from 39 to 60 cents per $100, with dividends to banks reaching about $2.5 million while borrowers paid higher costs for life and disability coverage. Witnesses noted premiums and bank profits surged as other banks followed the higher rate, with Bank of America cited as a dominant influence on California and New York practices.
MENTIONED IN THIS ARTICLE
Whitten
Washington
Senate
Mittet
Kenneth V. Larkin
Bank of America
San Francisco
General Motors Acceptace Corp
Ford Bileance Company
Sething
Household Finance Corp
al Shough
Hanover
Trust C O
California
New York
Prudential
Lawrence M. Cables
Actna Life and Casualty Insurance Co
City appoints two top legal officers for downtown offices
City Manager Jerry Henekel announced Howard Walker will be city attorney and Crawford Reeder chief trial attorney. Walker, previously district attorney staff grand jury attorney, replaces Sam Wolf who resigned to join HemisFair. Walker earns 18000 annually. Reeder to start 16164 after semester ends in 1963 as assistant city attorney. Former city attorney and St Marys Law faculty member Henkel praised the choices.
MENTIONED IN THIS ARTICLE
Jerry Henekel
Howard Walter
Crawford Reeder
Walker
Sam Wolf
HemisFair
Henckel
Thej
Bar Association
Judiciary
Mons
Ciy Attr. Nay
St. Mary's School of
Welker
Jani
Reeder
Cty
Andrey Walker
IMS. 2
Sistant Uls
St. Mary's Law Factly
Kennedy's Wife Narrates Christmas Story Review
The Washington Post review praises Mrs Kennedy as narrator of a Christmas tale at Constitution Hall. It portrays her as poised and affable, delivering lines with maternal warmth while the National Symphony under Arthur Fiedler provides a light, informal backdrop.
MENTIONED IN THIS ARTICLE
Washington
The
Washington Post
Edward M. Kennedy
Chusetts
Peter
Constitution Hall
Arthur
Fiedler
National
Imost
Court decision extends Fourth Amendment to booth eavesdropping
The Supreme Court ruled 7 to 1 that the Fourth Amendment protects people not places, overturning a conviction of Charles Katz for gambling-related conversations in a public telephone booth after agents used a microphone. Justice Potter Stewart wrote the opinion, with Justice Black dissenting. The decision underscores that unlawful searches need not involve physical intrusion.
MENTIONED IN THIS ARTICLE
Washington
UPI
Reme
Los Angeles
Jman
Charles Kate
Karz
Potter Stewart
Stewart
Katz
Hoga L. Black
Thurgood Marshall
Supreme Court Grant Boosts Job Return Rights
The Supreme Court ruled that striking workers may return to their jobs after a strike or be hired ahead of new applicants to fill vacancies, giving them greater job security. The briefing notes a Yard Service Men listing in The Business & Service Directory.
MENTIONED IN THIS ARTICLE
Washington
Suprem Court
Business & Service Directory
Grand Jury Weighs Shootout Charge Against Officer
A grand jury in 75th District Court heard testimony on an assault and murder case tied to a shootout in New Braunfels on Aug 19. Patrolman Jakeman and Weaver testified Johnson fired first. Johnson, 28, of 1236 Virginia, is charged alongside Weaver with related offenses. The proceeding also noted another no kill in a separate incident and referenced two women alleged as prostitutes. A second note covers life science technician growth per the US Department of Labor.
MENTIONED IN THIS ARTICLE
Dale E. Loyd
Wenatchee
Wash
Cannon Air Force Base
Loyd
Dever-old
Noyd
Air Force
Denver
Air Force Academy
Colorado
Springs
Cannon
U.S
William E. Doyle
Archie Lee
Johnson
Virginia
Charles Jakemac
75Th District Court Grand Jury
Jakeman
Weaver
Tmo
J New Braunfels
Rayford Lee
Deck Weaver
White
Also Mentioned on This Page
Bank ‘Loan Insurance
Woward Walker
New City
Mrs. Kennedy
Vietnam
1Hh U.S. Circuit Court of Appeals
Doyle
Supreme Court
Joske's of
Texas
Wolff and Marx
Veyt
Baggage
Joske's
Hoor Plaza
Las Palmas
North Star Mall
Joxkce
North Stor Mall
Shop Joskes
Henckee (L
Bichsel
San Antonio
Stall Ehote
US. Dept. of Labor
Disneyland
Walt Disney Studio
Alice In Wonderland
Gabay In
Mary Poppins
Peter Pan
Peter and the Wolf
Hans Christian Andersen
Bambi
Snowe White
Uncle Remus
Joste
Walt Disney's
Vere
Raq
Wat Hukes Pram Hs
Angina Twes
Disneyland Little
Bochler
Mother Snose
Josie
Aadaide
Wolee
SE Marx
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