The Courier News from Blytheville, Arkansas on December 1, 1955 · Page 2
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The Courier News from Blytheville, Arkansas · Page 2

Blytheville, Arkansas
Issue Date:
Thursday, December 1, 1955
Page 2
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TW o (ARK.)' COURIER THURSDAY, DICCKMBRR 1, 1955 Bank's Teen-Age Loan Fund Combats Youth Delinquency SHENANDOAH, Pa. (AP) — A bank's committee on small loans composed of only teenagers has been functioning for six months, and "with amazing business acumen," at the Miners National Bank in this central Pennsylvania hard coal community. The Teen-age Confidence Pundi "amazing business acumen" re-. :-. was set up last May as the bank's! vealed by the committee in con- Izaac Pearson, contribution to the battle against) sidering the applications. juvenile delinquency. And it's worked out better than the most optimistic of its backers ever expected. Believing that lack of ready cash for a teen-ager's legitimate needs was a major cause of juvenile crime, officials at Miners National set- aside a $1,000 ftind for loans of $5 to $50 to high school students needing money for worthwhile purposes. Independent Committee An independent committee of students, with a bank official acting; strictly in the role of adviser, was set up to decide which loans would be granted. A S10 loan runs eight weeks, and the total interest charge is 50 cents. The $50 maximum runs 24 weeks at a cost of $1.50. i P, H. Burke, president of the' bank, says a recent check showed '. 48 loans were requested of which; 42 were approved in whole or in' part. And not a single one has ever been defaulted. Justified Confidence Burke says he is not surprised that the youngsters justified the bank's confidence in them. But what amazed him, he said, is the For instance, the committee rejected a girl's application for a $25 loan to buy a baihing suit, recommending she could swim just as well in r suit that cost $10. Loans were approved to cover graduation expenses, dues for .a school picnic and even a wedding present for a sister bride-to-be— although Patsy did agree that, her sister would love her just as much if she received a $10 gift instead oi" the $40 present Patsy had in mind. Building Permits and Real Estate Transfers Twelve building permits have been issued by the City Engineer in the past 28 days. They were: Three-room frame residence, South Elm, cost $1,000, issued to Five room frame residence, 1136 Holly, cost S6.000, issued lo Ben Craig. Concrete block, rooming house. 418 W, Ash rear, cost $2,500, issued to Hugh Cherry. Oarage, 1100 Hearn, cost 5500, issued to G. E. Workman. Service station, Lumpralt and 6th, cost $10,000, issued 10 J. C. Lowe. Carport, 1301 Hearn, cost S600. issued to Billie Sue Burks. Two-room addition, 1911 W. Rose, cost $600, issued to James Smith. Frame house. 2141 Peabody, cost $1.500, issued to Buren Thompson. Frame house, 632 N. 1st., cost S5.- 000, issued to Ben Craig. Six-rom brick house, Country Club area addition, cost $18,000, issued to Don R. Maxfield. Oarage, 1105 W. Vine, cost 5500, issued UJ W. J. Ross. Residence, 443 Rosemary, cost $18.000, issued to Holly Development Corp. The Red river *..' the north is the only major stream rising within the United States and flowing northward into Canada. Mr. and Mrs. Hillman Bobbins, Jr., and Mr. and Mrs. Carl Jacobson of Memphis were Thanksgiving guests of Mr. and Mrs. J. D. Smith. Mr. and Mrs. Ed Wiseman and Mrs. Bettye Nelle Starr returned Sunday night after spending Thanksgiving in Houston, Tex. Mr. and Mrs. Nathan Prewitt and two children of Leland, Mis., are visiting this week in Osceola. Miss Diane. Butler, freshman daughter of Mr. and Mrs. Guy Butler, was turned junior committee woman at Monucello College in Alton. 111. Miss Butler will serve in shis capacity until permanent officers are rarned early in 1956. Miss Butler graduated from Central High School in Memphis, in June. Paul Flowers, the "Greenhouse" columnist for the Commercial Appeal, will be guest speaker Thursday night when the Kiwanis Club's Ladies" Night will take place at 7 o'clock at the elementary school. Mrs. John W. Edrington will be hotsess Thursday at 1:30 at the Hut. to the four-table bridge club. Mrs. Wallace Thompson of Wilson complimented Mrs. Floyd Reese Monday night with a buffet supper honorinsr Mrs. Reese on her birthday. Bridge was played by the eight guests following supper. Ben Butler, Sr., Tim Bowles and Dick Prewitt were business visitors in Little Rock, the first of the week. Mr. and Mrs. R. B. Langsdon announce the birth of their second child, A son, born at Methodist Hospital in Memphis on Nov. 25. The baby has been named Peter Charles Langsdon. The Langsdon's other son, Phillips, is 2!i years old. The mother is the former Miss Eva George. Mr. and Mrs. A. F. Barham, Jr., announce the birth of a son, A. F. Barham. HI. bora Sunday at the Methodist Hospital in Memphis. Susan Matlock celebrated her ninth birthday Sunday afternoon wiih 40 young guests coming to her country home for an afternoon of games and riding Susan's birthday gift, a pony given to her by her parents. Mr. and Mrs. Harry Matlock. Assisting Mrs. Matldck was her mother. Mrs. E. M. Ayres, her sister, Mrs. George Florida and her sister-in-law, Mrs. Billy Ayres. The theme of the party centered around horss. The birthday cake was decorated in a cowgirl scene. Miss Gratis LaW'rence, former Osceola resident, was a guest during the week of Mrs. Welby Young. Miss Lawrence is district sales manager for a cosmetic firm in New York. . Mrs. J. H. Lovewell and Mrs. Dick Bagby returned by plane Monday from a holiday visit with Mrs. Lovewell's daughter, Mrs. Thad Felton, and family in Baytown, Tex. Miss Teddy Mitchell of Memphis was a weekend guest of Mr. and Mrs. Joe Cullom, Jr. Mrs. Braxton Bragg and Mis Faye Henderson of Little Rock Former Local Teacher Tells of Life in Berlin The people of East Berlin, even now more than 10 years after the end of World War II, look "so very sad nnd poor" and "still live in the ruins and rubble of bombed out apartment houses." That's the way the Germany behind the Jron Certain impressed a former Blytheville resident and school teacher. Miss Virginia Bowen, daughter ol Mrs. Howard Bowen of Blytheville who is teaching children of U.S. Armed Forces personnel in Stuttgart, Germany, recently made a spent the holidays with Mr. and Mrs. Wilbur Wildy at Etowah. Mr. and Mrs. Joe Shippen and children Char me and Eddie left Lake Providence Tuesday morning for Yuma, Ariz., to make their home. They had planned lo leave earlier in November, but were delayed in transporting their farming equipment to their new fftrm in Arizona. two-rifiy'trip with other teachers behind t'hr Iron Curtain of Soviet controlled East Germany to Berlin. On Tour In a lengthy letter to her mother, Mis Bowen told of the contrasts between free West Berlin and Soviet- controlled East Berlin. The teachers were conducted on a guided tour into the Soviet Zone. They were allowed to visit certain places and take some pictures but only in unrestricted areas. West Berlin is .still digging out of the tremendous devastation wrought by Allied bombers during the war, Miss Bowen said, and progress, though slow, is being made steadily. The standard of living is ronsid- erably higher in West Berlin than in j the eastern sector where black mar- { ket operations are legalized and I conducted by the government, she pointed out. Most of the meager advantages found in East Berlin are available only to Communist Party members. she indicated. And the contrast doosn*t end with physical appearance, she said, but Is found in the people as well. Miss Bowen formerly taught home economics At Blytheville High School. The Sault Ste. Marie canal is tht busiest canal, in the world, passing about 13,000,000 tons of freight annually. Cream- enriched ^margarine \is better _ h -AND ONUY CREAMO CQNTAINS^PREAM^_jj STEWART DRUG STORE Main at Lake Street Blylhcvillc, Arkansas GIFT WORRIES? FORGET 'EM! Jimmie Edwards and General Electric Team Up lor This FREE FREE! MATCHING SWIVEL BASE A Regular $22.95 Swivel Base Will Be Included WitK Each Set Purchased TO THE FIRST TWENTY-FOUR CUSTOMERS! Large 21" Screen MODEL 21T03!) . . . Big, powerful GE set with aluminied tube for better contrast. Never before so many GE quality features at so low a price. .Mahogany grain finish, .MATCHING SWIVEL BASE INCLUDED FUBE. 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