Reno Gazette-Journal from Reno, Nevada • Page 12

12 RENO EVENING GAZETTE, December 4, 1964 REPORTER DIE3 NEW YORK (AP) Marshall H. Covert, 75, a reporter in Casino Closes in 'Vegas; Hotel Operation Continues ma Brooklyn for the New York Times, The Associated Press and other news media for 58 S3 I 1 years, died Thursday. LAS VFGAS (AP) Stripper zation which would be complet ed within 30 days. Debt Limit Hike Change Said Good Lil St. Cyr and 200 other em At that time, they said.

Mks St. Cyr and the other employes would be back on the job. ployes were out of work when casino operators at the Castaway Hotel on the Las Vegas Strip closed Thursday night for financial reorganization. Only the hotel portion remains open, after Ike La Rue, The Castaways has had a small casino operation bv Vegas standards. It has included seven blackjack games and two crap tables.

have no debt limit, while oth Assemblyman James Bailey, major stockholder in ths casino ers have limits as high as 60 head of the Washoe County del per cent. operation, closed down the Castaway's casino, showroom, lounge and restaurant. egation in the 1965 Legislature, said today a proposed rise in Reno's debt limit has "a good chance" of passage in the next SIE0S4l THE QUALITY BUY IN COLOR The buildings and grounds are owned by Jaffe but the concessions were leased to La Rue about one year ago. The lease arrangement is common practice at other major Nevada hotels and casinos. La Rue had leased these concessions from hotel owner Ben legislative session.

Reno city officials told the Jaffee. La Rue was not available for delegation Thursday night that Reno's limit of 7.5 per cent of comment, but press agents said Genuine HANDCRAFTED tv the sole reason for the shut down was a financial reorgani- 1 'l! FREE INSTALLATION, COLOR SET-UP AND WARRANTY SERVICE Woman Burned When Bed Fire Starts the assessed valuation, lowest in the state, is hindering progress. City Manager Joe Latimore proposed that It be raised to 15 per cent. Latimore presented a letter from Nicholas G. Smith, vice president of Burrows, Smith and Reno fiscal agents, claiming legislative action to resolve the problem "is essential if Reno is to continue to be able to finance expansion by the issuance of bonds." A Reno woman was in satisfactory condition today after "I think the debt limit is a little obsolete," said Reno Councilman Roy Bankofier.

"Nobody will buy your bonds anyway if you don't have the necessary tax structure and ability to pay." "The debt limit rally means nothing," added Councilman William Gravelle. "Maybe they don't think we have any scruples here in Reno," said Bankofier. Councilman Claude Hunter noted that plans to build the Keystone Bridge were scuttled 14 years ago when it was feared that bonds for the $350,000 cost would push the city over the debt limit. "Now, he said, "we're going to build about the same bridge. And it's going to cost $1.5 million." Latimore said the city is close to going over the present 7 per cent limit now.

There are million in! bonds outstanding and the city is selling $2 million more for the Keystone Bridge and jail addition. Because of litigation, an additional $72 million in sewer bonds haven't been sold yet. "We might be going over the limit if we sold the sewer bonds," Latimore said. she suffered first and second degree burns Thursday when Smith noted that many Ne her electric blanket set fire to vada cities, including Sparks, her bed. Mildred Fuller, 64, of 737 S.

Virginia was taken to Washoe Medical Center. Early American Styling Zenith Color TV TRADE NOW YOUR OLD SET WILL MAKE YOUR DOWN PAYMENT Genuine maple veneers and select hardwood solids. Model 5227MU. Firemen said the blanket ap parently developed a short circuit and set the bed clothing alight. 1 7' it: fed! Iwl 49ers Sign Christiansen To New Pact SAN FRANCISCO (AP) The San Francisco 49ers signed head coach Jack Christiansen to a new contract, but declined to disclose terms of the pact.

Team general Manager Lou Spadia, in announcing the signing, said only that Christiansen "will be our head coach next year and for many years to come." Spadia said he timed the con II JWW5T '11 fc- I crmml fiULlli mm SHOE SALE ALL '65 ZENITH COLOR TV'S HAVE 82 CHANNEL TUNING SYSTEM tract announcement "to prevent speculation now and in future years" about the 49er coaching situation. Three Injured In Train Wreck TIFTON, Ga. (AP) Three persons were injured, none seriously, when an Atlantic Coast Line passenger train fell Italian Provincial Styling THE MARSALA $64500 Model SI27HU TRADE NOW YOUR OLD SET WILL MAKE YOUR DOWN PAYMENT. Peak picture and tone control. Walnut or Cherry Fruirwood veneers and select hardwood solids.

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