The Daily Leader from Pontiac, Illinois • Page 8

Name top students at Chenoa High School Edison Co. files for rate increase Gail Gentes CHENOA Gail Gentes has been named valedictorian of the Chenoa High School graduating class and the co-salutatorian honors are shared by Rita Higgins and Doniia Marti. Miss Gentes, daughter of Mr. and Mrs. Ronald Gentes, plans to attend the' University of Montana and major in pharmacy.

She is vice president of the "National Honor Society, received scholastic recognition in science, mathematics and Latin, and participated in Latin Rita Higgins Club. She also is president of the Trinity Luther League and a seven-year member of 4-H. Activities for Rita Higgins at Chenoa High include treasurer of the Senior Class, 1972 Homecoming Queen, vice- president of the American Field Service, president of the National Honor Society, and secretary of the Girls Athletic Association, and Girls State representative her junior year. She is the daughter of Mr. and Mrs.

Tom Higgins, 1011 E. Donita Warren and plans to attend the University of Illinois and major in accounting. Miss Marti is secretary of the National Honor Society, Spanish Club treasurer, secretary of the Future Tachers of America, and has received awards in literature and Spanish. The daughter of Mr. and Mrs.

Alien Marti of rural Gridley, she will major in elementary education at Illinois State University at Normal. Herr to resign Four I aCe on Scott ruling charges (Continued from Page 1) to a relative or friend," he said. "If a board member walked into my law office and told me he owned bank stock and asked my advice," Herr said, "I would advise him to sell the stock, resign from office or take his chances with violating the law. I think I'll have to follow my own advice." Another problem, Herr said, is that from time to time he and his father, also an attorney, hold stock as trustees with the income going to beneficiaries of estates. The opinion indicates that stock can't be held even as a trustee.

The Attorney General's ruling on the stock issue could logically apply to other office holders and other corporations besides banks, Herr said. "The law applies to every other office holder whether elected or appointed including mayors, aldermen and perhaps even school board members who serve without pay. Under the law it is perfectly clear that a person who is not a taxpayer can safely hold public office which may be more reassuring to that office holder than to the average taxpayer," Herr said. The penalties for violating the law are a prison term of one to five years, a fine from $200 to $1,000, or both. The law states," No person holding any office, either by election or appointment under the laws or'constitution of this state, may be in any manner interested, either directly or indirectly, in his own name or in the name of any other person, association, trust or corporation, hi any contract or the performance of any work in the making of letting of which such officer may be called upon to act or vote.

No such office may represent, either as a agent or otherwise, any person, association, trust or corporation, with respect to any application or bid for any contract or work-in regard to which such officer may be called upon to vote." Four persons were arrested Monday and today and were taken to the Livingston County Jail where they are awaiting a court appearance. Ernesto Rodriquez, 47, Milwaukee, was charged Monday by the Sheriff's Department with illegal possession of liquor. Richard Pringle, 28, Milwaukee, was charged Monday by the Sheriff's Department with improper lane usage driving with an expired license, and illegal transportation of liquor. Larry E. Sanders, 21, Chatsworth, was charged Monday by the Sheriff's disorderly conduct, aggravated assault, and criminal damage to property.

Debbie Ripsch, 20,1406 S. Mill was arrested today by the Fairbury Police Department. She was charged with illegal possession of liquor by consumption, reckless driving, reckless conduct, speeding, fleeing and attempting to elude a police officer, and three counts of disobeying a stop sign. Citing the. need to offset dramatic cost rises and maintain earnings adequate to attract capital for a 4 billion plant expansion, Commonwealth Edison Company filed today with the Illinois Commerce Commission a request for an average 12.65 per cent increase in electric service charges- According to Thomas G.

Ayers, Edison's chairman and president, the requested rate revisions would produce additional annual revenues of approximately $147 million a year on the basis of sales in the 12 months ended March 31,1973. He said the company's net gain would be reduced to about $68 million annually after federal and state income taxes and other tax obligations take their toll. Explaining the need for the increase, Ayers said: "Since the beginning of 1971 we have enlarged our plant facilities by almost $1 billion and incurred heavy additional interest charges, maintenance expenses, payroll costs and taxes. Power plants being ordered today cost three times what they did just a few years ago. In the face of these rising costs, we must of necessity increase electricty prices.

Our earnings must be sufficient to cover the higher costs of building and operating facilities essential tocontinuingreliability of service to our more than 2.6 million customers." In just the last two years, he said, the company has experienced increases of 32 per cent in debt interest charges and 25 per cent in revenue, payroll and property taxes. Ayers pointed out that adequate earnings are particularly important to financing- of the company's record construction program which provides for an expenditure of $4 billion, including $275 million for environmental facilities, Left with the car SYRACUSE, N.Y. (AP) When a woman refused to leave her impounded automobile Monday, both she and the 1972 luxury car were towed away. City Marshal Lewis Engel said his office issued a.legal order outside the city's Public Safety building directing Elizabeth Hunt of Syracuse to surrender the car for alleged nonpayment of bills. Mrs.

Hunt declined to-leave the front seat, so a tow truck was called, a lift was attached to the vehicle and the woman and the car were rolled off to a collision service, Engel said. over the 1973 through 1977 period. "In this period," he said, "we have to raise more than $3 billion by selling securities to the public--a task that will be unmanageable if our earnings fail to attract investors." Ayers said approximately one-third of the increased revenues will be derived from residential customers who now number more than 2.4 million. Most of the remainder will come from some 220,000 commercial and industrial customers. Percentage increases will be generally lower than the average for smaller customers and for such off-peak uses as street lighting and space heating.

For residential customers using an average of 500 kilowatt-hours a month the added cost of electric service will be on the order of seven to eight cents a day. Ayers noted that to date electricity prices have withstood the pressures of inflation better than most other goods and services. "In 1972," he said, "the average price of a kilowatt-hour to our residential customers was 2.95 cents--less than 3 per cent higher than the average 1962 price of 2.88 cents." No increases are proposed for customers in the downstate areas of Lincoln and Albion where transfers of Edison properties to other utilities are expected to be completed in the near future. Cornell Mrs. Harold Asper Correspondent CORNELL Mr.

and Mrs. Harold Monroe were Saturday night guests of his brother and sister-in-law, Mr. and Mrs. Joe Monroe of Camp Point. Sunday the two families joined other members of the Monroafamily for the day at the home of Mr.

and Mrs. J. E. McCallen of Liberty, 111. Mr.

and Mrs. Morris Graves of Pontiac spent Tuesday evening with Mr. and Mrs. Ernest Olson. Ladies Night will be observed at the Cornell Community Club Thursday at Vic and Ethel's at Sunbury.

Election of officers will be held following supper. i i a cheerleaders for the 1973-74 school year at Cornell Grade School are Debbie Goforth, Kim Corrigan, Debbie Salvator, Lisa Delheimer and Lori Tiffany. Those selected for the heavyweight team are Kim Mills, Stephanie Mills, Sherri Voigts, Beth Barton and Crystal Rudolph. Arlen Holman of Green Wing Bible Camp, Amboy, will preach at the Cornell Community Lutheran Church at the 9 a.m. worship service, Sunday, May 20, and May 27.

Mrs. Edward Santelman received the altar flowers at Cornell United Methodist Church Sunday morning for being the oldest mother present. Mrs. Curtiss Ayers received a bouquet for being the youngest mother present. The Nigh Chapel Methodist Youth Fellowship will meet at Daily Leader, Pontiac, 111.

Page 8 May 15,1 the church at 7 p.m. Wednesday, May 23. Mary Gorbet will lead devotions and Jeff Schweizer will have charge of recreation. Virginia Gaston is the hostess. Mohawk Dining Room "a good place to eat" Wednesday nights Complete Lobster Tail Dinner $2 95 Every Night Our Famous Surf Turf Lobster Tail and Filet Mignon Fri.

Sat. Sun. Edie Rossi at the Organ after 7:00 P.M. Steaks Chicken Seafood Enjoy our Tempting Salad Bar BOTTLE CAP LOUNGE THE WIGWAM MONDAYS Corner of 1st Chestnut South End of Minonk (309 432-2229 4l WO THE FUN PLACE TO SHOP FOR THE ENTIRE FAMILY YOUNG'S MUSIC HOUSE "Everything Musical" Used Instruments Bass Guitar Solid Body $80 Hollow Body $90 Snare Drum Kit. Gretsch Guitar Solid Body $200 Amplifier $25 12-String Flat Top Guitar $35 Kay Guitar Flat Top $20 STORE-WIDE SAVINGS (Over 100 Appliances On Display) REFRIGERATORS RANGES FREEZERS RT141M Family Size Refrigerator $249 95 Model KF338M Optional No-Turn Speed-Broil, Self Cleaning.

Take Advantage of These Greaf Buys During MOONLIGHT MADNESS 7 to 9 P.M., May 16th SALE ENDS MAY 28th We Service What We Sell North Side of Square STOP IN TRY ONE OF OUR MICRO-FRET OPEN Evenings till 8:30 Closed Toes. Fairbury--692-2528 OFF Of The 1958 Price (white or avocado) Terms Available WHERE THE ACTION IS 1 844-3176 Pontiac, Illinois PLUS During Moonlight Madness You Receive A DISCOUNT, Wednesday, May 16,7 P.M. to 9 P.M. SATISFACTION GUARANTEED REPLACEMENT OR MONEY REFUNDED.