Risk Firm President Quits Under Pressure
AMARILLO John McCarty resigned as president of Estate Life Insurance Co. of Amarillo under pressure from state Insurance Commissioner William Harrison. He left effective Dec 23 after a $2,000 gift to Dallas official J W Pierson, with Dr. Lee Johnson to become acting director. The board plans to hire an actuary as regulators review company finances and possible reorganization with Physicians Life assets.
MENTIONED IN THIS ARTICLE
Amarillo
John McCarty
Estate Life Insurance Co
McCarty
William Harrison
Estate Life
J. W. Pierson
Dallas
Insurance Department
Lee Johnson
Col. E. A. Simpson
Harrison
Commission
Physicians Life
Austin
Senate
Charles Herring
Taylor
Gene Fondren
State LICENSE renewals for Spot Muse firms and tomorrow’s filing
State comptroller representatives will be in the commissioners courtroom all day tomorrow to accept applications for renewal of state store licenses for Spot Muse firms. Notarization will not be required if applications are filed with the comptroller’s representative.
MENTIONED IN THIS ARTICLE
State Comptroller’s Office
Commissioners
Comptroller’s
Weather outlook for Texas with clouds and steady temps
Readings show 7 30 a.m. temp at 50 degrees and highs of 77 and lows of 43. East and South Central Texas expect considerable cloudiness through Wednesday with little temperature change. North Central and West Texas also see extensive cloudiness through Wednesday with no major temperature changes.
MENTIONED IN THIS ARTICLE
Snyder
Texas
North Central
Panel Probes New Budapest Trials Amid UN Session
The U N Special Committee on Hungary opens an inquiry into reports of new political trials in Budapest possibly prompting an emergency General Assembly session. It also examines a UN employee withholding refugee claimant lists and a failed effort to sway Russia and Hungary on Soviet troop withdrawal.
MENTIONED IN THIS ARTICLE
United Nations
N. Y
U. N. Special Committee
Hungary
Budapest
General Assembly
U. N
Dag Hammarskjold
Thailand
Prince Wan Waithayakon
Russia
Pal Maleter
Istvan Kovacs
Sandor Kopacsi
Imre Nagy
Atlas Missile Launch by U S Air Force
Atlas intercontinental ballistic missile launched from Cape Canaveral at 12 39 pm. Initial lift off appeared successful as the tall siloed missile rose slowly then accelerated, leaving a flame trail and loud engine roar. Ground haze limited visibility, with observers watching the glow and distant thunder of the afterburning engines for several minutes.
MENTIONED IN THIS ARTICLE
Vern Haugland
Cape Canaveral
Fla
U.S. Air Force
Two Minor Auto Crashes Reported In Foggy Morning
Police logged two minor collisions in foggy conditions on the city grid. At Avenue N and Twenty-fifth Street a three-vehicle chain included a 1957 Chevrolet pickup driven by Ernest Nunn Jr and a 1956 Ford driven by Tommie Vandiver. A second crash at Twenty-fifth and Avenue U involved a 1956 International truck driven by Lloyd Turpin with no injuries.
MENTIONED IN THIS ARTICLE
Avenue N
Twenty-fifth Street
Ernest Lee Nunn, Jr
Twenty-sixth
Melba Carl Williams
Avenue S
Tommie Reed Vandiver
Twenty-eighth Street
Avenue U
Lloyd Lee Turpin
Sweetwater
NATO Near Agreement On Compromise Plan
The NATO summit opened its second session with Washington and European allies reportedly close on a compromise on missiles and talks with the Soviet Union. President Eisenhower joined late. discussions focused on arming Europe with nuclear missiles while exploring East West dialogue and disarmament.
MENTIONED IN THIS ARTICLE
Paris
United States
Russia
Eisenhower
James C. Hagerty
Dulles
Alliance
NATO Europe
Dis
NATO Permanent Council
Nikolai Bulganin
NATO
City considers renewed study of urban renewal plan
The city planning and zoning commission urged the city council to approve a workable urban renewal program for further study. The session included council members and representatives from related groups, with Fort Worth federal official C A Schrembeck explaining benefits and Houston architects Matkin and Fitch presenting tentative blight removal plans. If approved, plans would be reviewed again in January.
MENTIONED IN THIS ARTICLE
City Planning and Zoning Commission
Planning and Zoning Commission
C. A. Schrembeck
Federal Urban Renewal Commission
Fort Worth
Matkin & Fitch
Houston
Highway widening okayed from Thirtieth Street to Cogdell curve
The State Highway Commission approved a plan to widen State Highway 350 to four lanes from Thirtieth Street to the curve near Cogdell Memorial Hospital. City and county officials pledged to supply right of way, curb and gutter, with construction by the highway department ready to start once right of way is obtained.
MENTIONED IN THIS ARTICLE
State Highway Commission
Thirtieth Street
Cogdell Memorial Hospital
Chamber of Commerce
Highway Department
Jake Roberts
Abilene
Roy Dunlap
Highway Commission
Mile A Second Plane On Way For Space Step
Secretary James H. Douglas testified the Air Force is pursuing a mile a second aircraft as a step toward a manned satellite. He described the X15 as reaching over 100 miles up and about 3600 mph, with ongoing work on nuclear rockets and ramjets and plans for Thor Atlas and Titan missiles. He warned a warning system for ICBMs is not yet in place, and noted overtime limits did not greatly hinder testing.
MENTIONED IN THIS ARTICLE
Winston Field
W. W. Greif
Civil Aeronautics Administration
Washington
James H. Douglas
Air Force
Douglas
Senate Preparedness Subcommittee
America
Atomic Energy Commission
Titan
Atlas
Johnson
Defense McElroy
Pardon Talk For Giles Raises Parole Question
The Texas Pardons Board debated whether to parole ex Land Commissioner Bascom Giles after a two hour hearing. Giles faces 13 month wait for release while his family urged leniency and cited rehabilitation potential. Prosecutor Wiley Cheatham claimed broader GI land scandal details remain undisclosed.
MENTIONED IN THIS ARTICLE
Austin
Pardons Board
Bascom Giles
Giles
Rogan Giles
Young Giles
Wiley Cheatham
Cuero
Reds Claim New Engine Powers Faster Jet
Moscow Soviet test pilot Lt Col N I Korovishkin said a new engine of immense capacity drives speeds over 1,242.8 mph in a jet fighter. He noted another pilot Sakhalin previously flew the same plane faster. The claim exceeds the 1,207.6 mph U S Air Force record set by Maj Adrian Drew in a Voodoo fighter.
MENTIONED IN THIS ARTICLE
Moscow
Red Star Today
N. I. Korovishkin
Sakhalin
U.S. Air Force
Adrian Drew
Hope Off To Japan For Christmas Tour
Bob Hope heads to Japan for a fourth consecutive Christmas tour to entertain American troops. His group includes Jayne Mansfield Jerry Colonna and Les Brown and his orchestra, traveling by plane from Hawaii to Okinawa Korea and Japan.
MENTIONED IN THIS ARTICLE
Hollywood
Bob Hope
Japan
Hawaii
Okinawa
Korea
Jayne Mansfield
Jerry Colonna
Les Brown
Nigerian Bible Expert Faces Question On Second Marriage
The Nigerian Bible expert Theophilus A. Aderonmu, a $64,000 Question contestant, failed to answer why he hid a second wife after his divorce from Faye in August 1956. Records show a second marriage to Kathryn L. McGee on April 30, 1957, while immigration status was under review. he faces a $128,000 question tonight.
MENTIONED IN THIS ARTICLE
New York
CBSTV
Theophilus A. Aderonmu
Aderonmu
Faye
Bronx
Chicago
Katheryn L. McGee
United States
Snyder National Bank Seeks Capital Stock Increase
Stockholders will vote at the January annual meeting on raising capital stock from 200000 to 300000 via a 50 percent stock dividend. The board recommends the plan, which would shift 100000 from undivided profits to capital and then go to the comptroller for final approval. The meeting is set for January 14.
MENTIONED IN THIS ARTICLE
Snyder School Board
Fred Buford
Dallas
New South
Max West
el Paso Street
Snyder National Bank
Comptroller of Currency
Ballots Mailed for Chamber of Commerce Director Election
Members receive ballots to choose six directors for two year terms with twelve nominees. Write-in votes allowed. ballots must be postmarked by December 31. Names listed include Dupree, Phillips, Patterson, Stevenson, Williamson, Blum, Noah, Yorgesen, Keaton, Shelburne, Dyer, and others from local businesses.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Bob Dupree
Dupree Motors
J. W. Phillips
Phillips Hardware
R. E. Patterson
Snyder Drugs
Marven Stevenson
Stevenson
Sunbeam Grocery
E. H
Ab) Williamson
Williamson Finance Co
John Blum
Blum & Nesbitt
Stanley Noah
Central Tire Service
Bill Brown
Texas Electric Service Co
Russell Yorgesen
Deffebach & Yorgensen
Paul Keaton
Snyder Truck & Tractor
D. D. Shelburne
Shelburne & Son, Inc
Max Dyer
Sun Oil Co
Fog Envelops Much of Texas Coast to Panhandle
Low clouds and fog blanketed a wide area from the Gulf to the Panhandle with only a few clear spots. Predawn temps ranged from 37 at Dalhart to 65 at Alice and College Station as a moist air mass moved in. Light drizzle was reported in San Antonio and central Texas while Western areas saw more rain.
MENTIONED IN THIS ARTICLE
Associated Press
West Texas
Panhandle
Gulf
Tyler
Longview
College Station
Dalhart
Alice
San Antonio
Texas
Great Lakes Region
Ohio Valley
Also Mentioned on This Page
Pierson
Girard
William S. Girard
Ft. Sheridan
Ill
Haru
Candy
San Francisco
Spot Muse
U. S
Henry Cabot Lodge
Europe
Bulgaria
Middle East
Africa
Summit Council
Lauris Norstad
Santa
Elizabeth Joseph
Luther Joseph
Mount Prospect
Elizabeth
Chicago Press Photographers Association
Subcommittee
Edwin L. Weis
Weiss
Lyndon B. Johnson
D-Tex
GI Land
Huntsville
Veterans Land Office
Cheatham
Reds
Hope
Wile
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