Greeley Daily Tribune from Greeley, Colorado on May 12, 1970 · Page 3
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Greeley Daily Tribune from Greeley, Colorado · Page 3

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Greeley, Colorado
Issue Date:
Tuesday, May 12, 1970
Page:
Page 3
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Tues., May 12, 1970 GREELEY TRIBUNE Pnge 3 Women Seek State Charter To Establish Their Own Bank MIAMI BEACH, Fla. (AP) Nine women who say their sex for too long has gone untrained in' matters 'of finance are seeking a state charter to establish and operate a bank. The-First; Women's Bank ,,, Florida would be near the retir- ment center on the southern end of Miami Beach. "We hope our bank would be used as a proving ground to train women to take care of their financial matters," says Mrs. Mai Engiander, a 45-year- old grandmother and chairman of the board for the proposed facility. "We realize that all women would like to predecease their husbands but the facts of life are that we don't. And whether women handle any of the financial matters or not, we would like for them to be able to face it calmly and with knowledge. "Many women fear just the word 'bank. 1 'We would like to make bank a household word." In Tallahassee, state Banking Commissioner Fred 0. Dickinson Jr. said the application for a charter listed capitalization of $1 million. He said the women's request would be handled routinely, with a decision later this will be in charge of the bank itself. All the top officers will be women," she said. Men also will be employed by the bank, and their accounts would be welcomed, Mrs. Ehg- of lander said. Director Phyllis Cole, 32 and a divorcee, is vice president of the Florida Consumers Association, Inc. Mrs. Cole noted that much of the wealth in the Miami Beach area is controlled by widows but she added: "Men build it up and a lot-of women are bilked out of it because they find themselves in a muddle." "If.jthjs; application is approved," : Dickinson said, "it would.be to my knowledge the first, such bank in the country." Mrs. Englander, wife of a former Miami' Beach city councilman, and eight oilier women were listed as directors. "We've 'had limited banking experience," Mrs. Englander said, "but I believe you will find that most men who'establish banks- also did not have prior banking, experience." The 1 -directors range in age from'the late 20s to the early 50s. , . "We have lined up women with intensive backgrounds who Ireland Head Survives Vole After Scandal Saudi Arabia Threatens End To Cash Aid iuUT, Lebanon (AP) -Saudi Arabia has warned it may cut off its cash aid to Egypt, Jordan and the Arab guerrillas if Syria continues to forbid re- lair of the pipeline carrying oil :o its Mediterranean outlet in Lebanon. A section of the pipeline running through southern Syria was damaged by a bulldozer May 3. Syria advised the American- owned Trans-Arabia Pipeline :o.--Tapline--that repair work would be "dangerous and un- ;afe." A Saudi spokesman quoted by Jeddah Radio chaged that the pipeline was damaged as the result of a plan by Syria and not, as Syria claims, by accident. "Apart from the harm it does .0 Saudi Arabia, Syria's attitude strikes a serious blow to our ef- brls to aid the Palestine resistance and the Arab stand against Israel," the spokesman said. The pipeline normally carries 500,000 barrels of oil daily from Saudi Arabian fields to the port and refinery near Sidon · in southern Lebanon. No oil lias flowed through the )ipe since it was damaged and some 20,000 barrels spilled out nto neighboring fields. The interrupted oil flow is costing Sau" Arabia about $200,000 a day. today faced the task of welding together moderate elements in the- nation after narrowly surviving -^a vote in parliament prompted by an arms-smuggling scandal. Former Agriculture Minister Neil Bjaney. sacked by Lunch for his: alleged involvement in a gun-running operation to Catholics in Northern Ireland, returned Sunday to his border constilucncy of Donegal--and received a hero's welcome. Observers noted that Blaney's popularity might cause olher Irish.politicians to have second thoughts about Lynch's stance of opposing violent moans to help brethren Catholics in Ulster. · Lynch won a vote of confidence, 73-66, in Ihe Bail, or parliament, Saturday night after a 36-hour debate. During the debate, Lynch revealed that militant Ca'tholics in Northern Ireland had asked him for arms but he had turned them lown. Blaney's hard-line attitude toward Northern Ireland is paralleled by that of the militant Ulster Protestant leader, the Rev. Ian Paisley, whose grass roots political conquests have shaken the irioderate Belfast government. In Belfast over the weekend, street fighting erupted with 1,009: British troops and unarmed police separating Protestant and Catholic crowds in the worst'violence since Easter. 2 Drawer File $22.95 4-Drawer Files From S39.95 Desks A U C T I O N ANTIQUE and COLLECTOR ; ITEMS MONDAY, MAY 18, 1970 - 6 p.m. : '..Early consignments are: Steinway Grand piano (square); brass bed; nrRan; piano; poster bedi ict boxes; love seat; hutch; rockers; coal ranges; kitchen cabinets; coal heaters; IJinls- eye'-furniture; commodes; table with 6 chairs. ! More furniture, glassware, dishes, ironware, .antique and collector items by sale day. Consignments accepted daily 9-6 except Sunday and until 10 a.m. Monday, sale day. ALWAYS A BIG SALE RALPH'S AUCTION Niwot, Colo. THE BIGGEST -- LITTLE AUCTION IN NORTHERN COLORADO! · RALPH GREENWOOD, Auctioneer-Manager Off. 770-17'H Res. 776-0282 Northern Colorado's Urjtst Factory Direct To You, Frigidaire Deabr. 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