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The Tennessean from Nashville, Tennessee • Page 21

Publication:
The Tennesseani
Location:
Nashville, Tennessee
Issue Date:
Page:
21
Extracted Article Text (OCR)

i 22 THETENNESSEAN, Monday. Jurw 77, 1981 TnTi TO is.v ii-HrtiX V- I i KvN I i s-. I 5 1 :) i i jr iff r9)e4'- Ill Butcher Tells Of Merger Plan For United Bank CHATTANOOGA (UPI) Knoxville banker Jake Butcher, who purchased majority stock in the United Bank of Chattanooga last month, says he has reached an agreement in principle to merge United wjth another independent bank. The new bank will be known as United American Bank of Hamilton County. UNDER THE merger plan, United Bank will pay $4.68 million to acquire the 208,000 outstanding shares of stock of the City Bank and Trust of East Ridge.

East Ridge is a city in the Chattanooga metropolitan area. The figure works out to $22.50 a share. City Bank president Jim Huskey said the offer is "very fair." City Bank stock sold for $13 to 18.50 a share during 1 980, he sa id. Huskey predicted City Bank's 1,200 shareholders will sell their stock to United Bank if the merger agreement is approved by federal regulators. THE BANK'S I4-member board of directors, who together own 42 of the City Bank stock, unanimously endorsed the acquisition proposal during a special meeting Friday.

"We can become a real visible hankinf irlon. a ft-: tity in this community through this merger," said Butcher. "We couldn't do the things sepa rately mat we will be able to do together East Ridee Citv Rank was startpri in 1974 and includes three branches that had deposits Caullcins Clinches High Point Award MISSION VIEJO, Calif. On the Nashville Aquatic Club's most succesful night, Tracy Caulkins won her fifth and sixth titles of the weekend as the the Seventeen Swim Meet of Champions closed here yesterday. Caulkins, the former world record holder who will attend the University of Florida this fall, captured the 200-meter breaststroke and the 200-meter individual medley to sew up the meet's high point trophy, while four of her teammates also placed last night.

Caulkins won the breaststroke in 2 minutes, 33.39 seconds, a meet record and eight seconds in fron of her nearest rival. Her IM time was 2:16.92. She also finished fourth in the 100-meter backstroke. NAC's Macie Phillips took 14th in the backstroke, Amy Caulkins, Tracy's sister, was seventh in the 50-meter freestyle, while Liz Brown was 16th in the 50 free. Claire Sanders took 13th in the 200 IM.

Carbo Joins Tiger Affiliate DETROIT (AP) Former National League Rookie of the Year Bernie Carbo will report today or tomorrow to Evansville, to play for the Detroit Tigers' top farm the Triplets of the American Association, the club announced yesterday. Carbo, who was released by the Pittsburgh Pirates after last season, was signed Friday to a Triple-A contract by Bill Lajoie, the Detroit club's assistant general manager, said Tigers publicist Dan Ewald. Manning Wins Again SACRAMENTO, Calif. (UPI) Former Tennessee State University standout Madeline Manning, still America's best even though she is 33 years old, won her seventh national title in the 800 meters yesterday at the United States Track and Field Championships. World record-holder Edwin Moses blew past the field on the next to last obstacle to win the 400-meter intermediate hurdles title and extend his unbeaten record to 63 races.

In other events, former Tennessee sprinter Jeff Phillips, now competing for the Philadelphia Pioneers track club, won the 200 meters in 20.36 seconds. Knoxvillian Brenda Webb won the women's 3000-meter run with a time of 9:04.54, while Nashvillian Margaret Groos was fourth TSU Tigerbelle Chandra Cheeseborough placed fourth in the women's 200-meters with a time of 23.17. Evelyn Ashford of the Medalist Track Club won the event (22.30), shattering the old meet record time of 22.60 which was set by former Tigerbelle Brenda Morehead in 1978. oi nearly million as of Dec. 31, 1980.

The bank had a net income of $252,929. last unar Levels Afford Aged Some Privacy BENTON, Workman put the finishing touches on I for the elderly here, which is designed on four different I Lakeland Wesley Village, a solar-heated housing complex I levels to afford the residents maximum privacy. To House Low-Income Elderly Strange Sheds Just Solar Apartments and reported assets of $26.6 million at the end of the year. UNITED IS NOW the city's fourth largest bank with deposits of $96.3 million and assets of $107 million at the end of 1980. Butcher purchased 86.2 of the bank's stock last month for $9.6 million.

Butcher, who will likely serve as chairman of the new United American Bank of Hamilton County, is also chairman of United American banks in Knoxville, Memphis and Somerset, Ky- I His brother, C.H. Butcher is board chairman of United American banks in Nashville and Washington County and has interests in 16 other Tennessee and Kentucky banks, Abscam Figure Out of Work Again PHILADELPHIA (AP) Raymond Leder-er, who went from blue-collar ranks to the halls of Congress but resigned to avoid expulsion after his Abscam conviction, is out of a job again. Lederer. a former bartender, doorman, car pet cutter and warehouseman, said he was laid off about a week ago as a steamfitter at a local refinery. THERE'S ENOUGH petroleum in the tanks, so they do not have the call (for workers) they usually have, and it's slowed down," said Lederer, a charter member of the House's i i iru ii Blue Collar Caucus during his two terms.

Lederer, 43, was the only one of six congressmen convicted in the FBI's Abscam probe to be re-elected last November. The Philadelphia Democrat resigned from the House May 5 after the House Ethics Committee recommended that he be expelled. Lederer has appealed his conviction on grounds he was entrapped by the government. He was videotaped taking $50,000 Sept. 11, I.

Benny Parsons, Ford Thunder-bird, 200. 4. Jody Ridley, Ford Thunderbird, 200. 5. Dale Earnhardt, Pontiac Grand Pro.

200. 6. Richard Petty, Buick Regal, 200. 7. Darrell Waltrip, Buick Kegal, 200.

8. Cale Yarborough, Buick Regal, 200. 9. Nell Bonnett, Ford Thunderbird, 199. 10.

Ron Bouchard, Buick Regal, 199. I I Terry Labonte, Buick Regal, 199. I i v. Tit "'Ox-, 1979, from an undercover FBI agent in ex change for promises to introduce immigration bills or a fictitious Arab sheik. 12.

Buddy Arrington, Dodge Mirada, 199. 13 Buddy Baker, Buick Regal, 199. 14. Tim Richmond, Oldsmobile Cut LEDERER ALLEGEDLY kept only $5,000, lass. 198.

15. Morgan Shepherd, Pontiac splitting the rest with three co-defendents and the undercover FBI agents. Grand Prix, 198. 16. Lake Speed.

Buick Regal, 198. By NAT CALDWELL Tennessean Staff Correspondent BENTON, Ky. A row of strange sheds, which has to be one of the oddest-looking collections of new dwellings ever intended for human habitation, are nearing completion here. And despite their strange looks, Nashville Landscape Architect Robert Werle said "it is not improbable" that now most of the new multi-family housing built in the United States in the next 25 years may look much like this. WERLE WAS speaking of the nation's first large passive solar apartments, a federal Department of Housing and Urban Development and TVA national solar demonstration.

It is a 96-unit solar-heated and -cooled apartment house for the low-income elderly to rent. The first 24-unit section will be finished soon. Werle is directing its construction and will manage the $3.3 million project for its sponsors, the United Methodist Church. It is located on Kentucky Lake on VS. Highway 68, and next week big signs will be painted identifying it as Lakeland Wesley Village.

Elderly tenants will move into the initial units the last of July. Their maximum rent will be that customary for HUD rent-subsidy projects for the elderly, one-fourth of the tenant's net income. WERLE SAID yesterday: "The project on the shores of Kentucky Lake, 110 miles due northeast of Nashville, is attracting national attention because it will demonstrate under practical living conditions the huge money-saving possibilities of harnessing the sun's rays to provide heating and cooling for multi-family housing." Spokesmen for TVA and HUD said last year they expect the passive solar heating and cooling and active solar hot water heating in the project will cut gross operating costs at least one-sixth or one-seventh under those of conventional apartment structures. Energy bills for most elderly housing are "so high," Werle said, that "fine tuning of the various solar devices may bring total operating costs down as much as a fifth or even a fourth." TWO ELDERLY TENANTS who have been waiting for months to move in, Mrs. Ruby Gregory, 84, and Mrs.

Opal Jackson, 72, confessed yesterday that they were surprised by the differences in appearance from any conventional housing they see emerging in the construction process. To the first-time visitor, Wesley Village resembles a continuous strip of very bulky, brown shed-type factory buildings. The "factory buildings" are in the middle of a wilderness. At least 75 large trees will have to be cut down in order to give tenants a chance to see that they are splendidly located with a view of seven miles of Wesley Village-owned lakefront (From First Page) Seve Ballstn. It 28 Rger Mltbie, $1,570 71-74-74-70-288 Bb Armn, 11,453 68-78-71-73-290 Keith Fergus, $1,453 74-71-73-72-290 Thomas Gray, 1,453 75-72-73-70290 Andy North, 11,453 73-74-72-71 -290 Mike Peck.

$1,453 76-68-71-75-290 Tim Simpson, $1,453 70-75-74-71-290 Mick Soli, $1,453 77-69-72-72-290 Leo Thompsn, $1,453 75-71-74-70-290 Bob Wadkins, $1,453 70-72-71-77-290 DA Weibring. Cry Hllbrg, $1,350 70-77-69-75291 Mrk McNlty. $1,350 72-69-75-75-291 Steve Melnyk. $1,350 70-75-73-73-291 Jim Nelford. $1,350 74-73-69-75-291 Bobby Nichols, 1,350 71-71-78-71-291 Geo Archer.

$1,310 76-69-70-77-292 Ray Carrasco, $1,310 74-71-73-74-292 Joe Hager, $1,310 74-73-77-68 -292 Hale Irwin. $1,310 72-75-73-72-292 Greg Powers, $1,310 73-73-72-74-292 Jim Simons, $1,310 78-69-67-78-292 Chas Gibson, $1,300 75-72-71-75-293 Mms Hatlsky. Bill Pelham. $1,300 73-73-73-75-294 a -Joe Rssett 70-70-78-76-294 Dave Barr, $1,300 74-72-73-76-295 Mart Lye $1 ,300 70-72-76-78-296 Kip Byrne $1,300 74-72-79-75- 300 His conviction in January in U.S. District 17.

Johnny Rutherford, Pontiac Grand Prix, 198. 10. Stan Barrett, Pontiac Grand Prix, 197. 19. Richard Childress, Pontiac Grand Prix, 197.

20. D.K. Ulnch, Oldsmobile Cutlass, Court in New York on charges of bribery, conspiracy, interstate travel to aid racketeering and receiving an unlawful gratuity could mean up to 27 years in jail. Sentencing has been delayed pending the appeal. "I like to do manual labor.

There's some skill to it. And there's no telephone to answer," said Lederer, who served three years in the state Legislature before going to Congress. 195. 21. James Bylton, Pontiac Grand Prix.

194. 22. Kyle Petty, Buick Regal, 1(3. 23. J.D.

McDuffie, Pontiac Grand Staff photos by Dale Ernsberger Prix, 193. 24. Joe Booher, Buick Regal, 192. 25. Ronnie Thomas, Pontiac Grand Prix.

192. 26. Mike Potter, Buick Regal, 192. 27. Cecil Gordon.

Buick Regal, 189. She's Ready to Work BENTON, Broom in hand, I Village here, which is located on a Mrs. Ruby Gregory, 84, prepares to I site where Mrs. Gregory played as a tackle dust at the Lakeland Wesley I child. 28.

Jimmy Means, Pontiac Grand Pnt, 188. 29. Dave Marc is, Buick Regal, 183. 30. Ricky Rudd, Buick Regal, 171 31.

Joe Millikan. Buick Regal, 63. 32. Mike Alexander, Buick Regal, 55. "ITS NICE TO work at a job, put in eight hours and you're done.

I can work a 40-hour week standing on my head," said Lederer, still a member of the Teamsters union. Lederer often checks in with local Teamster union halls in the mornings looking for work. His brother is business agent for Local 161 of the Ironworkers union, and that's how he got a job installing steam valves and flanges at a refinery. Pop Singer Facing Charges Building to provide cooling was clearly demonstrated. In spite of the' sticky heat, there was a relatively small amount of sweat wiping by men labor SEVEN OAKS Police South 10.

West South 7. Special Opera tion 0, fit; West 10. Headquarters 0. Of Speeding, Drunk Driving a j. 1 Ifi.t "i Southern League Eastern Division Pet GB Orlando 42 27 .609 Charlotte 37 35 .514 64 Columbus 34 34 .500 7 Jacksonville 34 36 .486 8 Savannah 34 37 .479 Western Division Memphis 42 29 .592 Nashville 38 32 .543 3 Birmingham 33 39 .458 9 Chattanooga 30 36 .455 9 "4 Knoxville 26 45 .366 16 Sararday'i ReuJtt Jacksonville at Orlando, ppd, rain Knoiville 6.

Savannah 4 Memphis 10, Charlotte I Columbus 7. 4 Nashville 10, Chattanooga 2 Yesterday's RrsaJtl No games scheduled Today's Gamei Nashville at Columbus Orlando at Savannah Knoiville at Charlotte Jacksonville at Birmingham Chattanooga at Memphis Pod singer Dobie Grav is facine trial in AT BELLE MEADE CLUB 2-Bett Ball of Foursome Metro Court after being arrested early Satur day on charges of speeding and driving while under the influence of alcohol. First Place Ken Rush, George Hastings, Web Johnston, W.P. Jones, William Dearborn, E.A. Wager, BUI Benson, Dixie Roberts, 27-under Third Place T.L- Herbert, Brant Lip Gray, 40, was taken to police headquarters about 2 a.m.

Saturday after he refused to sign his speeding ticket, police said. scomb, Jack Peebles, Bill Berry, 22' Mrs. Jackson said, "I love it. 'It's beautiful." SHE TOOK HER broom and "marked out" on the floor "just exactly where every stick of my furniture will sit." Mrs. Gregory, who is called "Granny" by half the people in Fairdealing and Aurora, tiny villages closer to Wes ley Village than Benton, said: "I almost couldn't believe it when they told me trees would grow up to 40 feet tall in the atrium between Mrs.

Jackson's house and mine. But now I've helped plant the trees and scores of im-patiens and begonia that are in bloom. I know now that if there was enough room, you could plant a corn crop." THESE TWO, Mrs. Gregory, who lives at Benton, and Mrs. Jackson, a retired Detroit bank employee, say they believe other elderly residents will overcome any misgivings they might have about the appearance after helping out on the volunteer weekend working parties.

"Everything will seem so natural after they've swept out or scrubbed or planted something," Mrs. Gregory declared. Last weekend, the ability of the new rr "I'm not going to sign this, you'll have to under Fourth Place R.F. Jackson III, Al Doling, M.K. Hovey, Larry ing witn grubbing noes, pick axes ana mattocks, preparing the beds in which trees and flowers would be planted.

WERLE POINTED out that this occurred because of the nature of passive solar heating. The windows, placed high on the south side, admit the maximum amount of sun in winter, but because of the angle of admission, accept only the barest minimum of summer The interior of the building has two rows of single bedroom apartments divided by a 24-foot atrium, one half of which is sloped earth. This allows the atrium to stay in partial shade most of any summer day and to get maximum sun in January and February. Specially designed drafts stimulate a constant cooling air movement for most of what, outside, is a hot, drippy summer's day. "Granny" Gregory said that "one of the strangest things for most of us to( get accustomed to will be the fact that in the summer time our living space will have to use more artificial lights than we may need in the dead of winter." take me to jail, the singer reportedly told ar Muhlnall, 2 (Hinder.

resting off icer James Upchur ch. Upchurch said Gray was first observed af ter making a left turn from Grand Avenue heading south on 21th Avenue South. "We followed him for about a mile or so and OAK VALLEY LANES: Eastwood-Merle Mix 254-690, Patty Gatlu 194, ISIS he was clocked at 50 mph in a 35 mph zone," Sue Haile 507, Four Pins 656. Pin Spinners 1,858. Hot Shots-Jim McAl Upchurch added.

lister 217, Rick Little il uaniei var- ncchio 586, Linda Lasater 210. Susan Latta 517. MDs 737, Kinp and Queens 2.048. Pin Busters-William Tilla 194, William Hall 590, Magnificent Ones MRS. GREGORY, who said she saw about the same thing this reporter saw when she visited the development for the first time, told how she views her new home site today.

"Now, I've swept my house out twice, and I've prayed about it, and I've planted flowers out front. And it's going to be the prettiest place I ever lived in," she said. i While a .10 reading on the breath alcohol test is required to be considered legally intoxicated, Gray registered a .15 reading when taken to headquarters, police said. Gray, who is best known for his song Drift Away, was released from Metro Jail after posting $500 bond. BROOKLYN, Mich- (API Results of yesterday Gabriel 400 Grand National stock car race.

type ol car. Up completed and ivw speed IB mph: I. Bobby Allison, Buick Regal 200, 430.589. 2. Harry Gant, Pontiac Grand Prix, "200.

1,807. Family Fun-Becky Bates 197-482, Bill Frame 230-680, Angela Morrow 137-358, Scott Harrell 159-440, Jennifer Oldham 124-239, Darrell Farmer 121-332. A.

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