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The News from Frederick, Maryland • Page 15

Publication:
The Newsi
Location:
Frederick, Maryland
Issue Date:
Page:
15
Extracted Article Text (OCR)

EIGHT the News, Frederick, Thursday, January 18, 19SZ i i $200 Millions In Dividends WASHINGTON. Jan. 9--MV-A dividend of 200 million dollars i be paid this year--starting in March--to about five million holders of National Service Life Insurance, the Veterans Administration announced today. This will be the first regular dividend on such insurance held by veterans and servicemen, VA said. Previously the VA has paid two special dividends on NSLI.

one on 194S and the second last year. The 1948 dividend totaled $2,800,000.000 and went to nearly 16 million persons. The dividend last year was estimated at 685 million and was paid to about six million policy holders, The payment to the vast majority of policy holders will be S60. VA officials said. With the payments starting in March, the VA plans to follow through as soon after the anniversary dates of the individual policies as possible.

It said the-wait for the dividend will not be as long as it was for the previous dividends. Generally speaking, the VA said, the dividend to individuals will be the same as the 1951 payment. This amounted, in most instances, to 50 cents for each $1.000 of insurance for each month the insurance was in Issuing Special Forms To be eligible, the policy holder must have paid premiums on the policy for any three or more months between the 1951 and 1852 anniversary dates of the policy. The VA is sending out special forms to policy holders which may be used to request the dividend in cash. The VA will accept any type of written request for cash, but emphasized the requests should include full name and address and the insurance numbers.

It also pointed out that veterans who have converted their insurance to permanent plans--such as ordinary life or endowment policies--may ask the VA in i i to put the dividend on deposit. The deposit will bear three per cent interest and will be added to the cash value of the policy should it. later Ippse, The policy holder may also ask the VA in writing to apply the dividend advance payment on premiums falling due after the 1952 anniversary date of. the policy. In requesting these options the policy holder should write to the VA office to which they are paying premiums.

4-H CLUB MEETS With 20 members present and President Dave Burtner presiding. Ballenger 4-H Club boys held their January meeting Wednesday at the Ballenger Community Hall Square dances will be conducted by the club, starting in the near future, a committee composed of Allen Moore, George Whipp, Wenduc Moore and Calvin. Me Elfresh. announced. 4-H will put on an achievement prORram later in the year.

Officers of the organization are arranging a point-system for members who will bestow the title of "Member of the on the clubber with the highest total gained when the achievement program is culminated, A trophy case has been completed and placed in the Community Hall. On it, the 4-H boys will place a small placque. commemorating Robert Slaley. Members of the Ballenger 4-H basketball team were given the Southern Division County 4-H games schedule. After a short discussion on keeping farm production records, the meeting was adjourned and refreshments served by Robert Kemp.

TO DELIVER LECTURE HAGERSTOWN. a The Women's Club will provide one of, the most interesting features of year for its members next Tuesday. January 15, in the form of a lecture by Mrs. Elizabeth Eckhardt May. dean of the faculty at Hood College in Frederick.

Crew Abandons Ship In Pacific SEATTLE. Jan. 9, 43- man crew of freighter ppnnsylvama abandoned ship tonight as it wallowed bow down in heavy sens oft" the British Columbia coast. The men aboard the veKse! radioed their decision to leave the stricken ship at 4:28 p. Pacific Standard Time (7:28 p.

EST. Three hours later the SS Cygnet III. a vessel in the vicinity, said the crew had left the ship at 4:30. Overside the men face another grave peril'--giant waves and winds. Seven vessels are rushing to the scene RS fast, as storm conditions will permit but Coast Guard officials in Seattle said it probably will be daylight before any can reach the distressed men.

They said the decision to leave the would Indicate it was in imminent danger of i i and the men had little or no choice. Hold Flooded The ship's Number hold was flooded with water and a 14-foot crack had opened on her port side. She was heading for Japan today when the noontime (Pacific Standard Time') '3 p. m. EST) SOS came, six hours after she flnst reported the In her side.

By noon, thi ship was taking water in the engine room and Number 1 Mold and its steering gear was crippled. The deck load was being torn Joo.se. The position of the Pennsylvania was about 405 northwest of the northern tip of Vancouver Inland, in one of the Pacific Ocean's turgid areas. It was about 600 miles south of central Alaska's southern coastline. Winds up to 47 miles an hour were whipping the sea tonight and Coast Guardsmen said there was little indication of a letup.

Canadian coastal were suffering from one of the stiffesl blows in three years. TO ENTER Jan. 9. Senator Taft fR-Ohio) said today he will enter his name' in the April 8 Illinois Presidential primary. Taft.

an active candidate for the GOP Presidential nomination, announced his decision after a conference with Senator Dirksen (R- 111), his campaign manager in Illinois. UNITED NATIONS STAMPS AT THE KEY STAMP CO. 1IB-A EAST PATRICK ST. Hours P. M.

Wcrk Bays a a A. P. M. Maryland-D. S.

Approved Pnllornm Clean Haichcry Chicks av.ill.ihlr Tuesdays and Fridays. Started Chicks Available for immediate delivery. a complete line of poultry equipment, mid supplies. MARYLAND CHICK HATCHERY, INC. I no West South st.

419 30 to 1500 Ff your finances need a "pick me up" after Christmas buying just phone or see us now. ASSOCIATES 1 Mother Is Saved From Death In Fire A Montgomery County mother who set fire to herself fit of despondency was saved from death Tuesday by two neighbors and her 13-year-old son. Before the flames were smothered, however, Mrs. Elizabeth Wright. 33, of Washington Grove, suffered second and third degree butns on her- chest and stomach.

She was in serious condition at Suburban Hospital, Bethesda. Montgomery County police said Mrs. Wright started for her husband's gun closet at about 11 a. Ker 13-year-old son, Francis W. Wright, headed her off, police said, locked the closet door and the key in his sock.

He then sent his younger brother Dale, 4, to get help. Mrs. Wright grabbed a can of cleaning fluid and poured some of it on clothes. son was able to wrest the can from her, but Mrs. Wright then picked up some matches and set fire to her clothes, police said.

Francis, a Boy Scout, starteJ fighting the flames with a rug, but Wright ran outside. Two neighbors, Mrs. Gladys Thompson and Mrs. Richard H. Stresau.

tore away the flaming clothes and smothered the flames with a coat. The victim's husband, Francis W. Wright, a flooring contractor, said his wife suffered a nervous breakdown a year ago and about MR. RESTAURANT OWNER KEEP YOUR RATING Call DALEY'S PESTS CONTROL FREDERICK 366-J six (wallowed quantity sleeping CHEAP TRICK NEW YORK, Jan. 9 W--The cupidity of some people! Francis Meeks, 36, an idle longshoreman, was arraigned in court today, accused of having way to make a buck.

readily pennies down to the size of a putting thern in vending matil and taking away a nickel eht as well as the merchandise. ACME CONSTRUCTION CO. H. C. FOSTER HOME BUILDING REMODELING Farm Buildings and Repairs ESTIMATES WITHOUT OBLIGATION 310 S.

Jefferson St. Frederick FINANCE CORP. 2 E. CHURCH ST. FREDERICK, MB.

TELEPHONE 2100 A new Commander V8 A new Champion in the low price field Burrow tfa. J-uiMfnetr "hard-top" Vm- raiodjr V-S fflcd.l Chmttif wherl optinnsl it cert--decorativ. tl ottur tweifiumoas to chinte iritbo'ut notice; Now ready for you to see--now ready for you to drive---the far-advanced new 1952 Studebakere that all America has been waiting for! They're sleek and beautifully proportioned new Studebakers--with a swept-back aerodynamic grace of line you're sure to love on sight. And best of all, the daringly different designing of these newest Studebaker styie stars serves to make theTM amazingly saving of gasoline. The sparkling power they generate is unimpeded by unnecessary excess bulk.

Stop In right away--the dreamlined new 1952 Studebakers are on view for you right now--the sprightly Studebaker Champion in the low price field brilliant-performing 120-horsepower Studebaker Commander V-8. HILLSIDE MOTOR COMPANY, Inc 120 West Patrick St. Phone 292 Let's GET IN The SCRAP! THE NATION NEEDS SCRAP IRON, BRASS, COPPER, LEAD, BATTERIES If you are unable to haul it yourself, phone either of the dealerg listed below and they will arrange to call for it They wifl pay you cash and you will have extra Christmas money. You will be serving a call of your country to help the rearmament program. FREDERICK JUNK CO, RELIABLE JUNK CO.

383 966 COOPERATING WITH THE GOVERNMENT SCRAP DRIVE Brace E. Drum, Pomona Grange Master Kenneth L. Metcalf, Pres, Chesfoot Farias Dairy CecilK.HoIter,Sr..Pres.Fred.Co.FarfflBureaH Geo. C. Slagle, Jacob Goldbrg.

Pres, Ired. Iron Chairman Drive JOIN HOSPITAL AID IOOAI COMPLETELY RECONDITIONED and FULLY GUARANTEED FRIGIDA1RE Refrigerators Now specie! prices we have Frtgidaire rtnrt have been completely reconditioned and Mmttxed by fo- tMy foamed experts. Deluxe models as low as At bargain prices we bring you these completely reconditioned and fully guaranteed ref ri 9 era 1 with porcelain interior finish, quality cabinet construction, 4 to 7 cubic storage space, quick-cube trays, cold control for fast freezing. AH models have the famous Frigidoire meter-miser, the simplest refri 9 erQtina ever built assuring economicd operation. We know the service history of these refrig- rorrt fate purchase and only those first rate condition are accepted on trade- im, n-Kxiernized and offered for sale.

Here's your opportunity to own for. as Irttte as 13c a thot refrigerator you've never auite been able to afford for your home or club-house; that other refrigerator for ad- cKtkxiol storage; tfktf addition to your dub or pkiy-room for storing party-fixins. They're all here and available to you on terms to your purse. Stop and see these values now as at Your POTOMAC EDISON Store iWWSPAPLRt iWSPAFERl.

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Pages Available:
202,583
Years Available:
1883-1977