The Palm Beach Post from West Palm Beach, Florida on December 6, 1976 · Page 5
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The Palm Beach Post from West Palm Beach, Florida · Page 5

West Palm Beach, Florida
Issue Date:
Monday, December 6, 1976
Page 5
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Page 5 article text (OCR)

Palm Beach Post, Monday, December C, 1976 A5 Bank Closure Brings Town To Standstill NOW ON DISPLAY Three Colors To Choose From GREEN - PINK - RED Pick The Size Best For You SMALL - MEDIUM - LARGE TOWNER, N.D. (UPI) - What happens in a town when its only bank which is not federally insured suddenly is closed? It happened in Towner, where the new stone-fronted Pioneer State Bank, most impressive building on the four-block-longmain street, was shut down by state officials Nov. 26 for an investigation of its financial health, with emphasis on questionable loans. Suddenly no one in this sandy-hill ranch country of north central North Dakota could write checks on the bank. Business dropped off sharply and the 900 residents of Towner and about 12,000 others in the area grew worried and discouraged. Many people in the area have their life savings in the Pioneer bank. Mayor Bill Domres' wife and a friend walked through town in red "Santa and Mrs. Santa" suits handing out candy to the kids to take people's minds off money worries. Things finally began brightening this weekend. Shoppers who managed to get money were out moving around in the little community which stretches a few blocks either side of North Dakota Highway 14. Along the four-block business district are three grocery stores, a drug store, two clothing stores, a variety store, a leather shop, two hardware stores, three gas stations, a bakery, barber shop, beauty shop, laundromat, a couple of car dealers and four taverns. Mrs. Domres, who helps her husband with his jobs as mayor and publisher of the Mouse River Farmers Press, and Mrs. Bill Hutton got the idea of giving out candy to the children to help the holiday mood. "They walked all over handing out candy," Domres said, "up and down streets, through the stores, schools and the courthouse to take people's minds off their worries about the bank." The state-owned Bank of North Dakota loaned money to the county and town governments to meet payrolls. Merchants were liberal in giving credit and taking Pioneer State Bank checks to cash later. Some residents borrowed money from neighboring banks. Elderly people got Social Security checks. "People are starting to shop again, a little money is flowing and the attitude in town is better," the mayor said. The investigation of the bank is not expected to be completed until the end of the week but there was optimism that the bank will be solvent and reopen. The Pioneer bank owners and another group also planned to file applications for a new charter for a bank to be covered by the Federal Deposit Insurance Corp. No Trade Ins - No Financing PEOPLE IN THE KNOW GO WHERE THE TOMATOES GROW AT ALL THREE o)rwi tow m OPPORTUNITY OF A LIFETIME N CONDOMINIUM ON THE INTRACOASTAL, WALK TO ALL STORES. JUST REDUCED BY SI,-000. 1 Br-IB from $19 600-3 Br.-JB ffom M7,-900. IT MAY BE THE LITTLE PABAOISE. VOUD REAL HOME. YOU WERE LOOKING FOR. WRITE FOR BROCHURE OR CALL SEAGATE OF CULFSTREAM M10 S.. fmi Hoi.. BOYNTON BEACH OPENING WEDNESDAY, DECEMBER 8th 'RATIONAL S z y 2 n - N o 6Mi.giMi. z 1 Mi MILITARY TRAIL Open Monday Thru Saturday 8 A.M. to 4:30 P.M. Sunday 1 1 A.M. to 4:30 P.M. Last Tram For Fields Leaves At 4:10 P.M. WANT TO SELL IT? WE PURCHASE 1st, 2nd or 3rd MORTGAGES! M l l CASH? NO INSPECTION FEE CONFIDENTIAL 24 HR. SERVICE COME IN OR CALL J. C. SLATON GEORGE C. SLATON LICENSED MORTGAGE BROKERS SLATON, 1C 600 S Olive, W P B 655 8666 1)44-2671 FARM HI 737-7800 FARM 3 965-1965 FARM 1 i i i ,i HOLIDAYS ME AN GREAT MEALS AND GREAT MEALS NEED SUPER COO KWARE 79.99 Gilmore May Face 2nd Trial From Post Wir. Strvicej SALT LAKE CITY - Condemned killer Gary Gilmore, angered by his mother's successful plea to the U.S. Supreme Court to prevent his execution at sunrise today, may have to go through a second murder trial, authorities said yesterday. Utah County Atty. Noall Wooton, who prosecuted Gilmore, said he would decide by today whether to seek his trial for another slaying. Gilmore was convicted for the murder of motel clerk Bennie Bush-nell, 26, in a robbery July 20. But in letters to his girlfriend, he also admitted killing Max David Jensen the day before in a gas station holdup. Swine Flu Case Suspected in Wisconsin BRODHEAD, Wis. - Results of blood tests and a throat culture taken from a hired hand on a pig farm near Brodhead have alerted health officials to the possibility of Wisconsin's first case of swine flu since last year. Blood tests proved negative last week, but Jean Ripp, Green County public health nurse, said yesterday that results of the throat culture were "possible positive." Kx-INixon Aides' Wife Slill Reported Missing NEW YORK - Grace Garment, wife of former presidential counsel Leonard Garment, still was missing yesterday. The Police Department's Missing Persons Squad continued its investigation. Police said Garment, now a U.S. representative to the U.N. Human Rights Commission, reported his wife missing Saturday. A 13-state alarm was issued with her description 49 years old, 5-feet-4, 115 pounds, brown hair and hazel eyes. Mrs. Garment was last seen about 1:30 p.m. Friday at Pennsylvania Station in New York. She was wearing a pink turtleneck sweater, brown fur coat and slacks. She is a writer for the daytime television series, "Edge of Night." Garment, who now lives in Brooklyn Heights, was counsel to President Nixon during the Watergate investigation. Hearing Set Today For Marine llrawlers CAMP PENDLETON, Calif. -The first three of 14 black marines charged with assault and conspiracy in the beating of six white marines Nov. 13 are scheduled for a preliminary hearing today. The attack on a barracks beer party, which supporters of the blacks say they mistook for a Ku Klux Klan meeting in an adjoining barracks, sent the six marines to the hospital with screwdriver stab wounds. One still is hospitalized. Since then, the existence of a KKK organization and other related white-power groups on the base has been disclosed, and the Marine Corps has transferred a number of KKK members to other bases around the If purchased sepa rately, 120.93 11 pc. Club Aluminum set has two versatile dutch ovens. And it's even-heating so you can cook the waterless way. Includes 112, 2 o(t. covered saucepans, 7", 9", 10" open trypans, 312 and 4 qt. Dutch ovens. Avocado or gold exterior. 8 pc. set in avocado or harvest gold 59.99 99.99 if purchased separate ly, 144 95 13 piece Farberware set. Shining stainless steel for easy cleaning, wit h aluminum bottoms for even heating. Includes 1, 2, 2, qt. covered saucepans, 4, 8 qt. covered saucepots. 2 Cjt. double broiler insert and '7V2" and IOV2" frying pans. Our Mail is Open for Inspection! Keep aware of what goes on in our town. Read "Let-ten to the Editor" daily in The Pott. Call Circulation Dept. 659-1450 for home delivery, t ENJOY 3 HRS. FREE PARKING IN OUR SELF-PARK AND LOCK LOT WITH PURCHASE AUTHORIZERS IN SALES DEPARTMENTS WILL VALIDATE YOUR TICKET Christmas Shop Monday thru Friday 10:00 a.m. to 9:00 p.m.

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