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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Apr 21, 1964

Page

8

Townhouse plans spark protest near Granite Reef and Montebello

Residents forming a group oppose Hallcraft Homes plan to build 146 townhouses in an area zoned R5, arguing it violates zoning and will overpopulate the area and lower property values. The protest group vows a review with the board of adjustment and possible court action.

E. San Miguel Hallcraft Homes Co Granite Reef Montebello Real John Hall McDurmon Scottsdale Kelly Turner Walter Siders Laredo Lane Don McBiles E. Sarr Miguel Earl Eddins Don Baetz E. Laredo Lane San Miguel Bob Fields Wally Ijams Richard Appel Dave Near Bob Flood Turner Hallcraft Spector Board of Adjustment George Fretz Fretz Earl Sumrall

Understanding preferred stock and mutual fund safety

A reader asks about the difference between preferred and common stock with fixed incomes and growth potential. The advisor explains preferred stock has priority dividends and fixed rates, while common stock can grow in value and income, and cautions on growth prospects. Another reader asks about bankrupt mutual funds and regulators. response notes few failures since 1940 and SEC intervention to protect investors, with no total losses. A final query concerns stock certificates held in a minor’s name. the broker should issue a duplicate after required forms are filed.

Zoning error delays Hallcraft townhouses project

An incorrect zoning map led Hallcraft to build two story town houses on a lot shown as R1 7 and later converted to R5. A public hearing on the zoning change is set for Monday April 27. Hallcraft has paused construction while the issue is resolved.

NelNnonald Ne Athol Earl Sumrall Hallcraft Theodore C. Scheele Fretz Hallcraft Company

Blasts Trigger Lava Flow From Mt Etna Crater

In Catania Sicily early today a lava flow issued from Mount Etna after night explosions. The red stream moved down the eastern flank toward the sea as Etna, Europe's largest volcano, remained active. The report notes a claimed death toll of about one million persons.

Catania Sicily

Also Mentioned on This Page

Mack McDurmon George Adams Mack McDurmon Hallcraft Townhouses William “A. Doyle Securities & Exchange Commission Scottsdale Daily Progress Verna Eac Rata Ax Josephine Maths VU Scottsdale-Road Sundown Ranch Earl Shelley Rte Chandler Ariz Lantz ‘& Company Mortgage Bankers Scottsdale Road Arizona Ipeleee George H. Fretz Hallcraft Townhouse Mt. Etna F.H.A E. Loma Land Dr N. Scottsdale Rd Tempe Federal Deposit Korrrumph Pennsylvania Tucson Valley of the Sun Scoetsdaei Ro" Kornrumph
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