The Tennessean from Nashville, Tennessee • Page 2

THE TfSiNCSSUN, II. I72 2 operating income 82c, assets 44, tutal deposits 37, total loans 43, and dividends declared 45. The Tennessean Pjbi.Vwd vry nm9 Etvfrtii mtt Msviie. by Temeiea kcMferi Inc. Sec- Hamilton Bank Eyed for Metro T- 1.

-a a 1 i 4- 'I -H 1 -4 tr'trTy 4 1 ond-oss rrl riviiesin ufnaring at kasviit. Tenncue V2S2. Associated Press is iulvi entitled to use tor republication of ail news diMtcnes credited to it or rot omerwi created tms paper and i to rr Lxal rwol pvontnad here Rignts tie puoncation all other matter herein art aiso reserved. SUBSCRIPTION RATES BY CARRIER: 45c Vrfxn.rvfl omf. per Mormna only, per monttt (Kormnt and SL-nea.

per week tooroing and Sunaay. per monta Sunday only, per Sunaay only, per month 70c lie JSC 11.10 The Tennesseati oill not be responsible tor advent payments meoo to car-riers. BY WAIL WITHIN APPROXIMATE LY Hi MILES OF NA5HVILL6: 113 (.0 C7.C Mornint only, on year Vormnd only. months Vormni only, fhree monrns Mominf and Sunday, one year Mornina and Sunoey. six months Sip Hfs Mine, Asks Assistance Morning and Sunday, ttirea months H0.2S (Mail subscribers not accepted from towns served by carrier salesman).

For any Question or prooiem concerning delivery of the Tennessean In Metropolitan Nashville call Kt-iui between a a.m. and 10 a.m. LONDON The 10.678-ton "London a British file photo, gave its position as Nha Trang. a called for immediate assistance after it collided with South Vietnamese port. The vessel is owned by London a mine off South Vietnam.

The ship, shown here in I and Overseas Freighters. U.S., Allies Beat Back Enemy It was explained that Hamilton Bancshares will own well over a majority of Hamilton Bank of Nashville, with other owners including the incorporators and the directors to be chosen in the future by the incorporators. ALTHOUGH officers will not be elected until after a slate of directors is named, it is the "planning at present" for Nelson to be chairman and Rankin to be president, was said. Nelson, a career banker, retired in May at First American National Bank as executive vice president Hamilton Bancshares, has 1,720,182 common shares outstanding following sale last February of 300,000 new shares at $29.25 per share, which provided funds to help finance the expansion and acquisition program. ORGANIZED IN 1930 as the first registered bank holding company in Tennessee and one of the earliest in the nation, Hamilton operates in both Tennessee and Georgia.

As part of a long growth trend, the holding company in the five years 1967-1971 has increased net income 84, Tuesday book special! (Continued frsra Page One) IX ADDITION to Nelson, Rankin, and himself, Whitaker listed ir-roriTators of Hamilton Nashville as: S. Wire II, treasurer of Cenesco, ho will remain ith Cenesco. Carmark Cochran, attorney in the firm of Martin Cochran. Whitaker said the next step is to file an application for a state charter for Hamilton Dank of Nashville, ith a total capitalization of $10 million. Other bankers said this is believed to be the largest capitalization of any new bank in Tennessee history, and one of the largest in the nation's history.

"Nashville is an important banking center nationally, as well as regionally, and our market surveys show a demand here for our kind of banking system services and expertise," Whitaker said. CAPITALIZATION of the new bank will consist of 400,000 shares of common stock at $10 par, which will provide $4 million; surplus of $2 million, and $2 million in undivided profits. This capitalization would make the new bank second in the chain only to the lead bank, Hamilton National at Chattanooga, which is the largest in East Tennessee, Whitaker said. Wilson Court Rezones Area For 1-40 City Continued from Page One) request by McFarland Hospital for To comply with a ruling by the state attorney general's office, the court rescinded its action in April of stipulating that a county attorney be elected on a one-year basis by a vote of the magistrates. THE COURT plans to ask for a new enabling act requiring a court-vote for the office of attorney.

A previous special act, providing for appointing the attorney by the judge, did not meet the approval of the court members. The court's action in issuing $573,000 in rural school bonds, allocated for additions to West Elementary School, excludes special school districts in Lebanon and Watertown from the proceeds and from responsibility in retiring the bond issue. A subsequent tax estimated at 13 cents will be imposed on property outside the two special districts. Magistrates George Harding and Lewis Chambers questioned the logic, of excluding the special districts from a pro rata share of the proceeds and from taxation, but the motion passed 41-1. CHAMBERS challenged the election of Harding to the road commission, following Harding's 25-14 triumph over incumbent Dick Macon.

Chambers said Harding's total was not a majority of the court's 50 members. Magistrate Hoyal Johnson changed his vote from Macon to Harding, but Macon rose and said he was resigning anyway, and a subsequent second vote gave Harding a 42-0 victory. The vote hiking the pay of the magistrates, which required approval by a two-thirds majority, barely met the requirement in a 34-7 ballot. It was the last meeting of the current court. Newly-apportioned, all 50 magisterial posts will be filled in the Aug.

3 election with several members, either by choice or through consolidation of their old districts, destined to retire. SAIGON i AD Tank-U'd North Vietnamese infantry-men eounter-attacked northeast of occupied Quang Tri early today, but government marines beat them back with help from artillery and U.S. 7ch Fleet destroyers off the coast, field reports said. Six enemy tanks, built by Russia, were destroyed five by artiUery and U.S. naval gunfire and 43 North Vietnamese were killed, the reports said.

Saigon's losses were reported as five men killed and 10 wounded. THE ACTION occurred THE LIVING BIBLE along a coastal strip of land nine miles east-northeast of Quang Tri, South Vietnam's northernmost provincial capital which fell to the North Vietnamese 10 weeks ago. The Navy said the 7th Fleet destroyer Robison sank three enemy barges off the coast of North Vietnam after tlry bad unloaded supplies from a Chinese freighter. A spokesman said the Robison did not attack the freighter in the action Sunday along North Vietnam's southern coast. There have been several reports of barges unloading supplies from freigltfers offshore to circumvent the U.S.

mine blockade of North Vietnam. ASSOCIATED Press corres-ondcnt Dennis Neeld reported newsmen were barred from reaching airborne units at the front. But he said sources who returned from forward units told him that paratroopers on the eastern edge of the city were under heavy fire. The informants said air strikes were being called in against enemy positions surrounding the Citadel, a walled fortress in the heart of Quang Tri. The planes were reported receiving heavy antiaircraft fire from inside the Citadel.

The airborne, which together with South Vietnamese marines and supporting armored cavalry launched a drive June 28 to recapture Quang Tri Province, has been stalled on the edge of the city since late last week. S. Korea To Wiihdraw AW Troops From Vefnom SEOUL (AP) South Korea will withdraw its 37,000 troops still in Vietnam "as soon as possible" after Aug. 31, Defense Minister Yu Jae-hung told the National Assembly today. Yu said South Vietnamese counter-offensives that are expected to be completed by the end of August will be the last operations for the South Korean forces in Vietnam.

The Living Bible 20 North Seeks Face-Saving War End? 18 Premium Roses 0 Heautiful, long stemmed rMMsof elepant quality. $22.30 mfr IQO I I value 0 I 796 reg.9.95 "The Living Bible" it a compilation of the Scripture paraphrased. Billy Graham lays, "In thii book I have read the age-abiding trutht of the Scriptures with renewed interest and inspiration as though coming to me directly from the Lord. Reading it will give you a new understanding of the Scriptures." BOOKS AU FOUR STOREI. (Continued from Page One U.S.

bombings would allow President Nixon to make Americans believe that Hanoi was forced to surrender while Hanoi, in exchange, would receive the promise of an American disengagement. LE MONDE said Mcndes-Francc believes that if his theory is correct it was possible "there will finally be useful talks or that already talks are being held somewhere, mysteriously, God knows where or how." Presidential adviser Henry A. Kissinger said Saturday he had "some reason to believe" that North Vietnam was ready for "serious negotiations" to end the war when the talks resume Thursday. Thuy, speaking to newsmen at the airport, mixed tough talk with promises of good will and a serious negotiating attitude. He said Hanoi hoped a negotiated settlement in Vietnam could be reached if the Americans also displayed good will.

"WE CONSIDER that the seven-point plan of the (Viet Cong) revolutionaiy provisional government is tho correct basis for a settlement," Thuy said, "but to will gladly examine any new American proposals that may be made to us in a few days." U.S. negotiator William Porter suspended the talks May 4 on orders from President Nixon, charging the Communist delegations did not want to negotiate seriously. Nixon agreed to restart the talks after Kissinger's recent trip to Peking. ''We come to the negotiating table with a serious attitude and good will," Thuy said. "We are sure that if tho American side shows the samo attitude we can rapidly reach a peaceful settlement." DESPITE THE promise of good will, Thuy gave no indication of a softer Communist line when he and Viet Cong negotiator Mine, Nguyen Tin Binh actually sit down opposite Porter and the South Vietnamese Thursday.

Thuy said special adviser Le Due Tho, considered the true power of Hanoi's negotiating team and the man who held secret talks with Kissinger, would return to Paris later. Hanoi has made resumption of weekly regular sessions a condition for renewed private meetings with U. S. representatives outside of Paris. There was speculation Tho's return might bring new private meetings.

THUY REPEATED some parts of the Viet Cong peace plan, hich has been rejected by both the U.S. and South Vietnam. Among the points he mentioned were demands that the U.S. stop supporting a Saigon government "to which the U.S. gave birth, or any other one" and that the Americans withdraw all forces, including military instructors, and dismantle all its bases in South Vietnam.

THE PEN SHAVER SHOP 415 Church St. (Next I Gcnt Theatre) REPAIRS AND SALES PENS LIGHTERS ELECTRIC SHAVERS New Bumpers Fischer FuSSeS Could Lower insurance With Hall Details (Continued from One) (foiiliniicd from Page One) as many as 24 games. As champion, Spassky can win by being the first to accumulate 12 match points with one point for a victory and one-half point for a draw. Fischer as challenger needs 12.5 points to win. WHILE FISCHER sought changes in the arrangements, Spassky said he was going to relax and not argue.

"1 will leave that to Bobby. It makes no difference to me," Spassky said. Cramer, himself a retired lighting enginer. said he was not sure what Fischer objected to concerning the lighting. "From an engineering point of view it's perfect and very flexible.

But if you have to sit for five hours staring at a chess board you might have other ideas," Cramer said. THE CHESS board, made of green and white Icelandic stones, has been an issue from the start. The organizers treated it with acid to take the glare off it. sient 30 minutes inspecting details arranged for the match that is scheduled to go U.S. Court Suit Filed In Skyjacking (Continued from Page One) land at the Jacksonville airport" by telling him that his request for fuels, maps and flotation gear would be complied with and "that he would be permitted to leave immediately without hindrance." Downs also was assured by federal agents that "no one other than the fuel attendant would approach or be permitted near the airplane on the ground," the suit said.

hen the aircraft was landed, however, the agents "recklessly and In violation of the regulations and policy of the (United States) refused to permit refueling and departure of the airplane and, armed with pistols and rifles, opened fire on the airplane, disabling and destroying the engine and tires." The suit further charges that federal agents were negligent in failing to "exercise a duty to use reasonable care to safeguard and protect the aircraft and the lives of its occupants." It further charged that the agents disregarded the pilot's warning against overt acts and "heedlessly, carelessly and recklessly created an unreasonably great risk of harm and magnified the danger of injury to the occupants of the airplane." tial saving to consumers of $20 million. "THE IMPACT is on 1973 models," Savage said. "If the improved bumpers show that losses are reduced by more than 10, even further savings will be passed on to the motorist." He explained that ISO sets rates for "our members and subscribers." "In the major number of states, we file in Uieir belralf," he said. But in "competitive rating" states like New York and California, he said, each company determines its own premium charges. "THERE MAY be companies who are affiliated with us, as well as those who are not, who won't no along with this," Savage said.

A spokesman for the New York State Department of Insurance was cautious in assessing the potential impact of the ISO recommendation. "Legally, all they can do is make an advisory rate," he said. "Not that many companies use the advisory rate." Savage said ISO would file the advisory rate with the department. Any actual rate changes proposed by auto insurers, including several major companies who are not ISO affiliates, would require departmental approval. NEW FEDERAL standards mandating bumpers that prevent damage to headlights, door latches, fuel and cooling systems, and other equipment are credited with reducing the cost of repairs.

ISO reported that Saab, MG and incorporated the 1973 standards into their 1972 models, making owners eligible for the suggested lOTe discount Bus Crosh Kills Eleven ISTANBUL, Turkey UPI) A Loscbs to Pakistan bus carryiEg 23 including Americans, Briton and Austria ns collided inlh truck near the central AaatoUan city of Yozgat yes-Xerizj, killing 11 passengers tad injuring 21. Go Dramatic in all you pay for is the gas Your Decorating Spanish Style! Here is the drama of Spanish Architecture the grandeur and intricate de 3 NOW S5995O and you won't need much sign of Spain's treasured antiques. This handsome bedroom, fashioned in finest oak, with decorative wood panels in authentic scrolled design very much out of the ordinary er much in style. Done in a warm medium brown tone, it's sure to please. Group shown includes triple dresser with twin mirrors, handsome man sic door chest and poster panel bed.

Atk about out Traublt-Fro now maintonanco and repair program. SUPERIOR MOTORS 630 MURFREESBORO RD. 554-5641 Reg. $737.00 Ms-lit Stand $1119.50 Now 895 JL I TheioiTSJ ji fr yf sh II mi (UfArTT Th Methodist Church 7 Convenient Terms Park FREE Across Street at Nashville City Bank Garage UOTyj JULY 12TH, 8:05 A.M. if furniture coumi CALL 255-7734 "py The UPPER ROOM CHAPEL I III ion a $1 1903 Crani Ave.

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