Savings and Loan Industry Adds Billions to Assets
California's Savings and Loan sector increased assets by over 1 billion dollars in the year ending March 31 while the number of associations rose just 2.9 percent. The Division approved 5 of 60 new association applications and 22 of 101 branch applications, denying 134. Hearings totaled 169. licenses issued included 27 new, 2 name changes, and 5 location changes. Costs for applications may reach 15,000 dollars each, with surveys up to 5,000 dollars. Public notices and hearings are confidential until 20 days prior.
MENTIONED IN THIS ARTICLE
Sacramento
CNS
Savings and Loan Association
California
State Division of Savings and Loan
Division of Savings and Loan
Building and Loan
Potter Valley Community Activities Highlight Grange and Church Events
Potter Valley gatherings feature a Sunday morning service at the Methodist church with graduates and a talk by Rev Howard Black on Thermometers vs Thermostats. The Christian Adventure Fellowship elected Fred Garrett as president for six months, with June plans for a member drive. The Potter Valley Grange held a potluck and memorials, showcased 4H sewing projects, and set a June 25 potluck. teachers and families were celebrated in surprise parties and birthday gatherings.
MENTIONED IN THIS ARTICLE
Potter Valley
Methodist Community Church
Howard C. Black
Willits
White Cottage
Annd
Harold Walton
Christian Adventure Fellowship
Methodist Church
Fred Garrett
Young People's Group
WHI
Sandra Kirchmeier
Linda Kronenbitter
Wesley Bufford
Grange
Dave Elmer
Yvonne Elmer
Sandy Elmer
Judy Clark
Linda Watts
Deborah Kronebitter
Holly Near
Carolyn Ifall
Cindy Leask
Janet Crenshaw
Alana Elmer
Lara Smith
Rusty Lynn Anderson
Sue Woolley
Potter Valley Grange
Grace Hennington
Abe Ferreira
8. O. McCluskey
Public notice reforms eyed for savings and loan hearings
The division plans wider public notices for savings and loan applications, moving beyond bulletins in San Francisco and Los Angeles to inform the public before hearings. Governor Brown's report shows 11 hearings for new associations and 12 for new branches, with most already held by May 26. Assemblyman Ralph Brown plans bills to require open meetings and records in the field.
MENTIONED IN THIS ARTICLE
Savings and Loan
San Francisco
Los Angeles
Edmund G Brown
Ralph Brown
Dmodesto
Assembly
Horace Ornbaun Dies at 73 Services Sunday
Horace Ornbaun 75 of Albion died Thursday in an Albion rest home. Survived by two sons, two daughters, and several siblings. Funeral from Eversole Mortuary Ukiah to be held Sunday at 2 p.m. with Rev. Ralph Fellersen officiating and interment at the Chapel of the Chimes Santa Rosa.
MENTIONED IN THIS ARTICLE
Horace Ornbaun
Albion
J. 5
Ornbaun
Ornbaun Valley
Mendocino County
Eversole Mortuary
Ukiah
Ralph Fellersen
Ukiah Methodist Church
Santa Rosa
Grant Ornbaun
Boonville
Elvin Ornbaun
Roseville
Ore
June Nickels
Reedsport
Mabel Littleton
Redding
Vernie Ornbaun
Grimes
Almanac for Friday June 3 1960
United Press notes the day as the 155th of the year with 211 remaining in 1960. Highlights include Jefferson Davis born 1808 and the Casey at the Bat poem first published 1888. Also Maurice Evans born 1901 and the Duke of Windsor’s 1937 wedding. Thought: Mozambiques 99 percent illiteracy.
MENTIONED IN THIS ARTICLE
the Mason
Mars
Jefferson Davis
Confederate States of America
Casey
Ernest L. Thayer
San Francisco Examiner
Maurice Evans
Dorchester
England
Duke of Windsor
Wallie Warfield Simpson
Advice to Parents on Children's Fear of the Dark
Burlington Vermont UPI reports University of Vermont specialist Dr. Dalton Vernon advises parents to reassure children who fear the dark. Let kids use a night light they can control to gradually reduce fear and make darkness friendly.
MENTIONED IN THIS ARTICLE
Burlington, Vt
UPI
University of Vermont
Dalton Vernon
Contractors get licenses for two Ukiah firms
The Contractors State License Board plans to issue contractor licenses to two Ukiah firms if no protests are received by June 16. Humboldt, Asbestos Co., Mill Creek Road, will receive an insulation contractor license, and Sampson Plumbing, 232 Orchard Ave., will receive a plumbing contractor license.
MENTIONED IN THIS ARTICLE
Sacramento
CNS
State License Board
Humboldt, Asbestos Co
Mill Creek ‘Rd
Sampson Plumbing
Orchard
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West Side
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Ted
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Calif
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Walnut Court
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State St
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Jack Lewis