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Clipped From The Los Angeles Times
SIGN OF FAME Displaying star for Hollywood's three-mile Walk of Fame are, from left. Actress Witnesses Tell Strange tending Agency Tactits i: 'We Carry Our Own Contracts' Just Figure of Speech by Some Firms, Inquiry Told BY ART '"We Carry Our Own Contracts" apparently is just a flimsy figure of advertising speech, members of an Assembly interim committee were obviousjy learning yesterday. The committee, concluding a two-day hearing here Jnto the strange practices or some finance companies, heard a parade of witnesses who recited complaints against practices ' by some lending agencies. Most of them, in addition -to reciting other abuses, said they were surprised td learn, liter buying furniture ;or "appliances or auto repairs and signing contracts to make installment payments, that ifrie contracts had been sold to finance companies. Unruh Quips '"."You mean, they carry llieir own contracts right down the street to the near est finance company," Assemblyman Jesse M. Unruh & Eos Angeles, committee; chairman, cracked during1 the hearing. As a result of such testimony, committee members suggested more than once that proposed legislation tightening regulations on pending institutions . require merchants and service shops to. notify customers that! their installment contracts .will be carried by finance' companies. . Typical example of - how this contract selling ensnares a uyer -was recited by Mrs ST. J. DiLuccia of Inglewood. She testified that when she1 and her husband bought! some furniture, they paid little- attention to the carrying charges on two-year contract because they were assured sales clerk that the RYON TESTIFIES Mrs. J. J. DiLuccia tens finance hearing of .contract sale. Times phots "We were led to, believe that the store was carrying the contract," Mrs. DiLuccia! said. "But we learned it hadl been sold to a finance com pany. And when we tried to pay off the account 90 days later the finance company in sisted that we pay the full two-year interest. They did. that is, until we talked to Mr; -Kaiser (Arthur E. Kai ser, staff consultant to the committee) and, after he talked to them, they reduced ,the interest to 533.66. Kaiser then informed the committee that, even at the reduced pay-off amount, the DiLuccias had paid 56 in Dorothy Malorie, Preston Foster, Harry Sugarman of improvement association,; Builder C. E. Toberman. - , . Times phots LAST VENTURA FREEWAY JOB CONTRACT LET ' The-job of filling in the final link of the Ventura Freeway 3.9 miles through Tarzana has been awarded to Oberg Construction Corp. and Oberg Bros. Construction Co. of Nortfiridge on a low bid of $o,226,4?5.40, the Di-: , vision- o -Highways an- nounced yesterday. The final section of the freeway .will be from .3 miles east of Encino Ave. to ' Kelvin Ave. - Work- on. the' concrete, eight-lane- freeway and eight bridges, as well as .pedestrian undercross-ings,, will probably, begin-within, 30 days, it was stated. ;' The job is .scheduler! torequireneariya year. Sisters Meet Sisters who had -not . seen each other for 48 years were trying hard' to catch tip: oh almost five decades , of .news in Los Angeles yesterday. The sisters, Mrs. Morris Taylor of 4324 Lockwood Ave. and Mrs. Dora" Jaco-j wich of Hull, Eng., were separated m 1810, when Mrs. Taylor left Hull to come to the United States to be mar ried. At their reunion when, an! American Airlines plane! landed at International Air'r port, Mrs. Jacowich intro duced two new generations of the .family her daughter, Mrs. Ann Greenstone,-and her granddaughter, Gillian, 12. of Hull to Mrs. Taylor. In the general reunion! iglow, the only family mem ber to tee! uneasy yesterdray It First Star Set in Walk of Fame Hollywood placed its first star in its proposed . $1,000, 000 terrazzo Walk of ' Fame yesterday. As envisoned now, , the1 charcoal and coral walkway. set with large metal stars in honor of - filmdbm's' ' great,! will extend more than three miles along Hollywood Blvd. and Vine St. Leaders in-the long-range project' to restore glamour to the movie city gathered yesterday, morning at Holly- WoodvBlvd. and Highland Ave. to ' mark completion of I the first. secupa ot tne.plan. ' The site was the north west corner on the property ohce occupied by the famed Hollywood Hotel, social cen ter of early-Hollywood life. Six .Stars Drawn The terrazzo walk was cut in by 'workmen on Holly wood Blvd. in front of . the towering :new First Federal Savings Building . and stars , with the names of - six Hollywood personalities, drawn by lot, were set in place. . Actor Preston Foster, aided by- Actress Dorothv Ma- lone, was'ther'e to attend the imbedding of his own star, first drawn in the lottery. Others taking part in the ceremony included Harry Sugarman, president of the Hollywood Improvement As sociation, guiding force behind the improvement project; C. E. Toberman, who is redeveloping the Hollywood Hotel site; Postmaster Otto K. Olesen, chairman of the project s lighting program: Actor Marvin Miller, repre-i senting TV, and Councilman uarle D. Baker of the Hollywood District.