Independent from Long Beach, California on April 3, 1962 · Page 13
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Independent from Long Beach, California · Page 13

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Long Beach, California
Issue Date:
Tuesday, April 3, 1962
Page:
Page 13
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SL Firm Returns to Control of Gregory (Continued from Page B-l) hurdles cleared at the special session. When the Jurists adjourned. Gregory announced his firm already had received 55 million from old and new depositors. A large, bulging leather caso containing the new deposits was hoisted for .all to see. By noon a mass of human!' ty Jammed the association's Dr. Kornick Speaks Dr. Nathan Kurnlck, Vet erans Hospital cancer researcher, will speak when Chamber of Commerce Com munity Forum meets at 7:15 a.m. Wednesday in Crown Cafeteria, 101 Alamltos Ave. offices to see Frank Sinatra and Dean Martin, who calmly and suavely put their signature! on scraps of p*per tcJ it Uuua by the banks of mesmerized women straining the public side of the counters. · · · · ONE MATRON shoved a Market Bandit Sent to Prison A bandit who kept a dozen Lakewood market employes and customers at bay while he looted the store of $1,700 was Imprisoned Monday by Superior Judge Maurice C. Sparling. Roy Louis Wilson, 24. of 11552 Reva Dr., G a r d e n Grove, drew a sentence ol fivo years to life when he pleaded guilty to first-degree robbery. Wilson was arrested March 14 In Stanton, after a victim in the Jan. 4 holdup saw him in a garage and called police. fat envelope at Sinatra and coed, "Frankle. !'*^ written you a song." "Frankle" and "Dino" did Jt fit* of charge, association spokesmen said. The singers are sluckiioMcrs Is. £quitablc Savings and Loan Association, 4th Street and Long Beach Blvd.. with which Gregory wants to merge under a state charter. The federal board cannot seize an association under a state charter. Excluding the $5 million put up for deposit before the doors opened, the association took in $22,770,984 Monday. Gregory said depositors who withdrew their accounts after the 19CO seizure and lost a quarter's interest can gel that interest whether or not they open new accounts with the firm. CONGRATULATIONS to Gregory poured hi all day from U. S. senators, congress men, state legislators, city officials and others. Congressional Investica lions followed both the 1946 and I960 seizures. -The 1960 Crab was based on the bank board's charge the assocla tlon had "unsafe and unfit management." Each Invest!' gallon cleared Gregory, and the seizures wcro called un warranted. Tho 1000 seizure came two weeks after Gregory m vcrcd to get a state charter. Two members of the three- nan board resigned after the second Investigation. The lird. Dlxon. has been on Gregory's side ever since he made n Searching study of lie case a few monhts after he seizure. ·. · · LAST FEB. 14, the bank ward and the association compromised." In effect, regory agreed to quit suing he board for taking away his ontrol, and the board agreed o give that control back to ilm. The firm had more than 2 Chalices Stolen Two silver chalices valued at $750 were stolen Monday from Saint Cornelius Church, 3303 Bellflower Blvd. L.B. Florists Exhibit in Annual Competition AUCTION SALE OF UNREDEEMED PLEDGES Plus--ESTATES OTHER CONSIGNMENTS THOUSANDS OF ITEMS REPRESENTING MERCHANDISE OF EVERY CATEGORY WILL BE SOLD TO THE HIGHEST BIDDER REGARDLESS OF FORMER COST --Thlt Is t Piriiil listing el Mirchintflu lo Bi Sold -- YYiltiH Hulcil hit BlBoeilin ApplUntet Ridloi Claim Tetli Umpj C»I Retort fliyin HI-FI lapHflira Elicltlc SblTin PiloUnp Ctllery SlUirwirt l«ttU« mini Cblniwin Clctki Tlll»l»l08t Typtwrlteri PIUS HUNDREDS OF ARIICUS TOO NUMIIOUS TO MFNTION 2 SALES DAILY 1 P.M. --7:30 P.M. till! nirr iHiooia ltd iviDltf iitipl Widnudiy ltd Sitttdiy oeiiBti-tlisid ludiy !!FREE!!JS, GIFTS GIVEN AWAY AT EACH SALE NO OBLIGATION TO BUY ! ! F R E E ! ! F R E E ! ! F R E E ! ! A GENUINE DIAMOND RING GIVEN AWAY AT E A C H S A L E -- NO OBLIGATION TO BUY -- · LONG BEACH AUCTION GALLERIES · . 149 E. OCEAN BLVD. ct LOCUST I«H CONDUC1IO UNCER ID'IUVUION Of COL. H*««T HINT AND A110CIATE1 -- LkKllM l»n«« AMflmHn LONG BEACH, CALIF. Legends of the Middle East and Asia will be depicted in floral displays by L o n g Beach's retail florists today, lWcdnesday and Thursday on the street floor of Buffum's [Department Store. The over-ail theme for this year's annual flower show will be "In a Persian Garden." Cash prizes of $250. $100, $50, and two $50 awards will be given by judges, in add! lion to The Independent, Press-Telegram prize of $IO( o be determined by public ·ote. Judges are Mrs. Francis J leusel, past president of the Assistance League; Frederick Hack, director of the Long ieach Museum of Art; Elea nor Price, Independent, Press Telegram; Mrs. Edward Ingle president of the Alamito Bay Garden Club; and Eri lohnson, of Sunset Magazine OUR EVANS DO YOU UNDEREAT? Eatmg too little may be as harmful as overeating.' Some. psychologists think/that under- eater6 are frustrated, havea low opinion of fchem- selve^and consequently 'punish* their bodies/ _ _ i^: * $100 million in assets at inci time of the 19CO seizure. In a matter of days, the assets dropped by $C3 million as hundreds of depositors filled the association's offices and packed-the sidewalks outside demanding their money. Lesser men would have quil the fight long before the 1960 ordcaL Not Gregory. Monday, he looked tired, but he woro a back-to-business smile as he watched the depositors walking through the doors, the doors that .were locked for so many months. Only a man who has backed bureaucracy and come out even could truly appreciate iSir, hour ha felt. just a little bit DEAF . Test-try the discreet CAMEO HEARING AID ACTUALLY WORN IN THE EAR · No dangling cords or · Al w perfect for part- · Zenith cualit/ and tubing tme ust performance COME IN OR CALL FOR A FREE DEMONSTRATION Downtown Htodquatlttl lor Ztnllh H«oring AMi HEARING AID CENTER J07 E. Iioodway. L. t. HE 2-4445 40% Discount Batteries, Molds and Cords INOEFEllDENT-P.9«B-5 - . 4 « l Hlft, I STOCK MARKET L E C T U R E *K» I this bus foecr'tgo-to DIXIE VillA JEIS Jo! DALLAS - NEW ORLEANS · ATLANTA the air line teith the BIG JETS rkcat NE 7-6150 of tec your Trawl CONFESS! m A NEW HOME FORAPURPOSE No matter tihit ytur purpose is, let us hetp you ichitvs your £oal sooner. Open a saving account it Equitibla _ . . now ind let your money pow faster with our current nil of 4 ] /( % Interest per annum. VACATION-^ ^ ; 4 3/4% INTtBCT FDtWIWJU PAYABLE · limri-ici cl icceuntt to J10.CCO ty 11 ' lutntmesWty cl thi ·UtiM SUiu Gavtruul * A.I un'nn recefvtd tj t.l tenth el thi nor.t!i tint Interut (roa ti fnt (!;· Kail tortnitnci. To cpti » ictoiist IM itti par cfiKk piyabli t) E^iitlUl Sir- inn. Wi «in cptn your iccour.t ind return your pajilocl tr.d in t l i r.tit nil. NEW CAR EDUCATION RETIREMENT Do you sometimes sneak a glass of regular milk when you should be drinking nonfat milk? NEW FOREMOST SO-LO JS YOUH SALVATION. ALL TIIE FLAVOR OF flECULAK HILK-DUT WAY LESS BUTTERFAT. Foremost So-Lo isn't a nonfat milk. It isn't regular milk. It's halfway between -- a happy medium. Fresh whole milk with almost 50ft of the butlcrfat removed. So-Lo i« delicious: full of rich, creamy flavor. Mnro vitamins than regular homogenized milk. More protein, too. Yet it costs less. If you like to watch your diet, and if you also like the taite of regular milk, Foremost So-Lo is for you. Enjoy ill With a dear conscience! At your itore or at jour door. NEW FROM FOREMOST 41 OR HOI1E FINK FOODS

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