Independent from Long Beach, California on March 30, 1962 · Page 12
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Independent from Long Beach, California · Page 12

Long Beach, California
Issue Date:
Friday, March 30, 1962
Page 12
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A.|?-IND£PtNDtNT "*"· ·"· """· M " " "" TiiiirNU Sought MKXICO CITY /W--Mexi . says it will ^^x·nd $1)00.000 Hrivrr Killnl in tsir I'liiiipK CHICAGO tn-A .-i oc an clevjlor shall. | ( h i j yMr (o |)Iomille , UUIlsm . key in a dmvntown canige He was irushrd under the . . i was killed Thursday when an'ovcrturned tar. lellow wu*-;"" 1 ' TMphas« «" drawms automobile I c «a parkins'ers Identified the victim as more U.S. business convi'ii- jlunkrJ fruni ihc UMII fiOOrjPrank Brown. 'tionj. HANK siur.ui A'/-;,//* Sale Plan Drafted for First Western something wonderful happened... she's in love and her diamond is from LE ROY'S intt'isrlly and courtesy linitd in/iaml... 1'otir diamond invt'xtmunt is protected by nn iinctmditional · M)-day money-Lack At Lr.RoV'Syour credit is tfuad icith NO DOWN ifi PAYMENT ^ fA REQUIRED NAGORA, Japan (l)l'l) -Japan's fledgling ait force will mcive its first Lockheed FI04J Super Starfighter jet in ceremonies Sunday :t Komaki LOS ANGELES (l/'PI)--Western Bancorporation, which Air Base, controlling interest in 24 banks throughout the 11 The plant-, first of 200. was Ju|uii't Air Force SHIRTS! Vestem states, Thursday announced that plans were ncar completion for sale cf First Western Dank and Trust assembled in Japan from U. S made parts. WE SPECIALIZE! FANTASTIC VALUtSl MEN'S SLACKS Ujually 12.95 ;.... 6.99 Uiually 16.95 .-....- 9.99 Uiuall/ 20.00 I...12.99 1211 EAST ANAHEIM, L. B. NtAR OlANGe AVt. Ed's ;ompany. Frank L. if the (ward of Western llan- orporation, told the annual tockholdtrs' meeting the sale f the bank was being car- icd out under terms between he federal government, which lad ordered the sale, and the ·ompany. The government lud ordered the sale to prevent trial of an antitrust action it had chairman crease was brought about by reduction in loan demands the first part of the year, an increase of interest rates paid and the initial costs of some of the banks in placing interest on a "daily" basis. » · * · KING SAID that on Jan. 15, 19G2 Incorporation began a new venture in the form of its international bank in iled against Western Hancor- New York. He said that un loration. 'dcr the law the company was limited to operating banks in ' KING SAID an organization known as Columbia Banking Corp. had agreed to purchase First Western for approximately $75 million, and financing arrangements were expected to he completed by summer. Hi- said net profit from the sale would be $24 million, which would be used to tepay outstanding loans. Incorporation President the 11 Western states. The New York bank was an ex ccption because it dealt with international, not, domestic banking. "New York remains the focal point for certain types of international t r a d e . " said. "We hope by use of this b;mk our clients at other banks can profit through the connection." The stockholders rc-clcctcd all 23 directors for another Maurice II. Stans told the stockholders the holding company had net operating earnings last year of $20.5 mil- J ' linn, equal to S1.59 per share. He said this compared with "' WONT WORK? Don't S29.3 million in I9CO. equal'swear at it! Check "Call an to $1.75 per share. Expert" in Classified for a Stans sjid the slight de- reliable serviceman. PRE-GRAND OPENING SALE MATTRESS 2 TWIN BEDS includes: 2 Innerspring Mattresses · 2 Matching Box Springs · 12 Hollywood Legs 6-PC. KING-SIZE MATTRESS ENSEMBLE includes: · King-silt Mattress i Ensemble ! · King-size Bed Frame · and Casters · 2 King-site Sheets · King-size Mattress Pad E-Z TERMS W« tptclolizt !· (ftntit btds. found btdi, loif b»dt, foam rubbrr mattrrsut. POSTU11E SLEEP SIIOPPE Thurs. and Fri. 9-9 ; Sunday 11-5 GA 2-2033 Store Hours: Daily 9-4: Sot. 9-5 5717 ATLANTIC AYE. WHAT'S NEW from General Eleetrifc PORTABLE DISPOSALL *-f." **-·' ·'*f' long Beach, California Phone HEmlock 7-0361 OPEN MONDAY and F R I D A Y N I G H T S Moil and Phone Orders CorcFo/// filled New Needs no installation! Just plug it into nny grounded outlet.* The new General nicctric Portable Disposall works every bit as efficiently as built-in models. Sec how it shreds pulpy potato peelings, fruit skins, corn cobs, even hard bones, and washes them safely down the drain to sewer or septic tank. You'll say good-bye forever to messy sinks, drippy bags, garbage cans! Perfect for apartments, rented homes... e If you live in an apartment or arc renting a house, the new General Electric Portable Disposal! will fill your needs perfectly. You can take it with you whenever or wherever you move! Why not start right now to use the new General Electric Portable Disposall in your home? That's all we ask'. Less than 00 tH'l TO USE - Itl b.i. to MrO. K/»t Wl IirtUC. riur. in. T W R * on WMCR. biound ptrtKltl ·till down dr»Mf TWlST-On TOP. II Utkl quicMy. ttcurtt/. r STcrc A.NYWHCPJ: »^ *c H n*f Of fctrp l^ »- Fhgress Is On-Most Important Thtfucf G E N E R A L ® ELECTRIC

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