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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 23, 1963
Page
3
A two or more class structure may be simplified by exchanging callable Class A stock for common stock and cash. The investor then still holds stock and may receive more cash than expected in dividends. Noncallable stock may be exchanged or tendered as a buyback offer. Brokers matter for over the counter trades.
UPI reports 1963 world coverage cost will exceed 41.5 million with 264 bureaus, a 3-bureau increase. Key 1962 top stories included the Cuban crisis and Glenn space flight, plus advances in news presentation and new services like Unistox and World Horizons.
The County Board of Supervisors leased Thompson Peak in the McDowell Mountains for one year to build a 50-foot tower and five transmitters for emergency radio coverage. The site will serve the sheriff, highway department, and license and parks radio. Construction includes a two mile road from Fort McDowell and three weeks more to install the equipment.
President Itzhak Ben-Zvi, Israel’s second chief of state and a Zionist pioneer, died of lung cancer in Jerusalem at age 78. He will lie in state, funeral is set for Wednesday, and Knesset Speaker Dadish Luz becomes acting president until a new president is elected within 30 days.
Civil Air Patrol searchers resumed aerial reconnaissance for a Cessna 172 missing since last week. The aircraft, piloted by W.R. Plumee, departed Prescott for Las Vegas Thursday and was last heard near Peach Springs. It was reportedly rented in Denver about ten days ago for a short rental period. No sightings were reported Monday, according to Yavapai County sheriff's officers and CAP search headquarters.
Thomas J. McDermott Jr., 32, Los Angeles attorney, won the $10,000 top prize at the Kaiser Cookout Championship in Honolulu with Grilled Imperial Crown Meat Loaf. He became the youngest amateur chef to win the national outdoor cooking title since the event began four years ago. Four runners up, including Dr. Morton Berk and Dr. Peter Carras, each received a Jeep station wagon.
News briefs report two mass graves near Lodz in forests. Victims, likely Jews from Zadogosz or Lodz ghetto, were possibly gassed in trucks in 1942 43. Investigation opened to determine exact death toll.
Shirley Temple Black, now 35 and mother of three, celebrates her birthday while rehearsing for the Red Skelton show. She recalls past hits like Baby Take a Bow and Stand Up and Cheer and notes she refuses roles simulating alcoholism or fallen-woman parts.
Rep. George F. Senner Jr. sent nearly 30000 questionnaires to constituents to gauge views on the federal budget tax cuts reform aid to education and medical care for the aged. He will also start a political science internship program at Arizona State College Flagstaff this summer with a two month stint for a student in his office.
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