The Baytown Sun from Baytown, Texas on February 6, 1969 · Page 11
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The Baytown Sun from Baytown, Texas · Page 11

Baytown, Texas
Issue Date:
Thursday, February 6, 1969
Page 11
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1* Bfttftintfl ftiiu Thursday, February 6. 1969 Spring Semester Is Underway At LC TIM ROBBINS LeeColl*9« Uegular classes began at 8 ;i in. Monday ai Lee College marking the beginning oi the Iyiw .spring semester. HKCilSTKATION iion tor the spring was held Jan. 29 and 30 ID tiif LC library. Hiis semester, the student registration packet was filled uiin IBM cards, asking lor v'iinmis inlormaiioii, including a iii-w personal data card for the u.-,u ol the Department ol Health. Kducaiion and Welfare. MOODV CK.vrKK 1 ins new semester brings with u several new luaiures among wincn is the Moody Center. Located in the Walter Hundull Hall, the Aloody Center houses the plush new offices of the president, academic dean, registrar, public relations direcmr, career development center and the regents con- tereaue room. I'.AKKIM; KACIUTIKS Another new ihmg at LC is the marked parking ureas. I'm.' parking lot entrances and exits un Lee Drive have new direction arrows The entrance .ind exit directions have been cnangcd, due to the re-alignment ol me parking spaces. Have You Heard M.O.? If Not Do It This Sunday! \K\V HOAIK The previous main office in the Kumlell Hall now houses just the business otfice. Business iraiisaciions only are handled by tins oil ice. Mudenis wishing a copy of a iranscnpi or school record will now have lo go to the Moody Center. 54 Nations Send 4,256 Ships To Port During '68 HOUSTON (Sp) —Ships of 54 nations, including the U. S., entered the Port of Houston last year in the number of 4,256 vessels for a slight gain over the 4,22'J in 19U7. Of these 3,087 were cargo vessels against l,lt>9 tankers. There were seven newcomer nations — Algeria, Bulgaria, Canada, Congo, Guatemala, Lebanon and Thailand — with vessels in port last year not represented in 19G7. More Norwegian ships entered the port than those of any other foreign Hag, although the Scandinavian country's total dropped from 558 in 5%7 to 539. The U. S. led in total ship entries with 1,331, almost equally divided between cargo ships and tankers. Norway's ratio was also fairly equal between the two categories with 295 freighters and 244 tankers. Liberia was third in the rankings with 35(i, most of themi sailing under the so-called "flag ol convenience" while being owned by interests other than Libenan. The vast majority, 289 ol them, were freighters. The United Kingdom was fourth with 275, of which 226 were freighters, followed by West Germany with 230, all but six of them freighters, and the Netherlands with 216, all but 19 ol them freighters. Other nations ranking high were Japan, with 156; Greece, 147; Denmark, 105; Panama, 79; Sweden, 72, and Italy 71. Most were cargo freighters. Indianapolis, Ind., was the site of the first national convention of the Grand Army of the Republic in 1866. OFFICERS OF THE Bay town Teachers Credit Union are, standing left to right, R. T. Kerr, C. Lewis Rosser, Curtis Herring, Horace Lindsey and Clyde J. Messiah. Seated, left to right, are Leroy Albright, Mis. Alice Korthauer, A. David Sherron, Robert P. Kelley. Not shown are Wallace Meaner, Barney Webber, Robert E. Sauls and George L. Bennett. Sherron Again Heads Teachers Credit Union David Sherron, purchasing agent for the school district here, las been re-elected president of the Baytown Teachers Credit Union. This will be Sherron's second erm as president. Horace Lindsey, history teacher at Cedar Bayou Junior School, has been elected vice ^resident. Other officers named at a board of directors meeting are R. T. Kerr, manager of the credit union; C. Lewis Rosser, mathematics teacher at iighlands Junior School, treasurer; and Mrs. Alice Korthauer, counselor at Horace Mann Junior School, secretary. Two new directors elected to three-year terms on the board are Wallace Heaner, counselor at Lee College, and Barney Webber, Spanish teacher at Ross Sterling High School. Mrs. Korthauer was re-elected for a three-year term on the board of directors. George L. Bennett was re-elected to a three-year term on the supervisory committee. Holdover directors are Clyde Messiah, Leroy Albright and Robert P. Kelley. Robert E. Sauls and Curtis Herring are loldover members of the upervisory committee. The ward later elected Messiah, Kelley and Albright to the credit committee with Messiah as chairman. At the general membership neeting, -Sherron announced Pofice Probe Broken Window, Auto Iteft Baytown police Thursday were investigating malicious mischief incident and a stolen car. Thomas Stevenon, an employe of George Consolidated Construction Co., with a temporary field office at 2115 Market, told police that an office window was broken. Police investigated and found nothing missing from the office. Jim C. Sanford, 18 Stimpson, complained to police that he parked his late model station wagon in his driveway Wednesday night and discovered it missing at 6 a.m. Thursday. Investigating officer W. R. Harper said Sanford told him the keys were in the car and it was unlocked. that the Baytown Teachers Credit Union assets climbed to more than one million dollars with a 5'/i per cent dividend paid to 1,093 shareholders in 1968, totaling $44,766.59. Shareholders are presently or formerly employed in the Lee College or Goose Creek school districts. Sherron said the organization contributes much toward the happiness and good living of these employes, providing a place to save, borrow, insure and find professional counsel regarding personal financial matters. At the conclusion of the membership meeting, drawings were held for $150 in prizes. Refresh- GoH Game Proves Just Chad's Play >ARIS, Tex. (AP) — A Paris seventh-grader has produced some red faces among the grown golfers at Paris Golf and Country Club here. Mike Jack scored a hole-in- one on No. 6 at the club's course this week—while playing with four adults. nents were served by Mrs. Harriet Glenn, Mrs. Marcie St. ;iair, Mrs. Korthauer and Mrs. R. T. Kerr. 1415 NORTH PROFIT PH. 427-5631 Eckhardt Plans Bill To Restore Needy Fund Cuts WASHINGTON (Sp) — Congressman Bob Eckhardt had announced that he would co- ponsor a bill repealing previous egislation that cruelly and harshly cuts back aid to needy children. This bill calls for the repeal of certain provisions of the 1967 Social Security Amendments hat would limit the number of children who could receive aid rom the Federal Government under the program of aid to amilies with dependent children. The 1967 amendments limited he future proportion of children under age 18 in each state who could receive federal assistance under AFDC to the percentage of children on the rolls in January 1968. Congressman Eckhardt earlier supported a provision of the income tax surcharge legislation that postponed from July 1, 1968, to July 1, 1969, the effective date of the welfare curtailment. "Why should we penalize innocent children? We certainly will not solve any of the problems of the welfare system or improve the work incentives of needy people by taking such vindictive measures," stated Congressman Eckhardt. The Houston congressman joined a group of other members in introducing this humanitarian legislation. DEMOS OK'D REBOZO RENT PAYMENT - (Continued From Page 1) tration." But the regulations do not say whether an investment opportunity constitutes "any other thing of monetary value." Also in UH&. Butler acquired two lots for $10,000 on Fisher's Island just south of Miami Beach. The island is about 90 per cent owned by Fisher's Island Inc., whose president is Kebozo. According to Nixon's campaign financial statement, the President also holds an interest in Fisher's Island, worth approximately $350,000. Butler, asked if his friendship svith Kebozo had led to purchase of the lots, replied, "Weli, yes, 1 was aware of them that way." Ten years earlier, Butler also bought two lots in a subdivision on Elliott Key—now part of the Biscayne National Monument. Kebozo owns 14 lots in that mapped bm undeveloped subdivision. In locating a developer for the Cuban center, Butler said: •Like anything, you sit back and run through the people in the community who would give it a whirl. I've known Kebozo for years and know he's capable. 1 told Kebozo it was new and explained it to him and asked if he would think it over and let me know." Another SBA regulation says "an employee shall disqualify himself whenever possible from acting on any official matter which involves a relative or close friend." Butler informed Kebozo the SBA would guarantee 100 per cent payment of all leases in the center lor 20 years—a guarantee carrying a present price tag ol $2,30«,320. SBA officials said they offered he 100 per cent guarantee because the center is a pilot program designed to see if a shop- jing center tenanted solely by economically deprived business- nen can succeed. Harold Brown, boss of the iBA's lease guarantee program, 3 aid in a Washington interview hat it is difficult to find developers for projects of a modest scale like the 34,000-square-fool Cuban center. He said this is vliy efforts to begin several all- S. J. Scott Wins ER&E Promotion S. J. Scott has been advanced to senior research technician in Esso Research and Engineering Co.'s Synthetic Fuels Research Laboratory. He is engaged in pilot unit work on the production of hydrogen. A graduate of San Marcos High School, Scott attended Southwest Texas State College in l'J34 and in 1939. He and Mrs. Scott live at 2305 Morning Drive; their children are Stephen and Nancy, students at Sterling High School, and Janie, now Mrs. T. N. Moody of La Porte. The former Allenae Berry, Mrs. Scott is the daughter of Mr. and Mrs. M. V. Berry, 127 Crow Road. Negro projects have yel to get Oil the ground. A commercial development consultant said privately that developers with $150,000 to invest in a shopping center could make far more money in a bigger operation by going straight commercial rather than through a government program. Trice said he and Rebozo will Dave spent $iH)0,000 acquiring land, building the center and readying it for the opening expected by the end of February. They obtained $750,000 of that through a mortgage. The Cuban center—called Cenlro Commercial Cubano—is in northwest Miami on a plot next to an unused boat repair yard, across from a planned city park and down the block from an expressway now under construction. The center itself, however, is a sinking structure of Cuban-inspired architecture with plenty of decorative plans and shrubs, and a fresh, airy atmosphere. It will house businesses ranging from a 4,GOO-square foot restaurant featuring Cuban cuisine to a 520-square foot phonograph record shop. Tenants were screened at Re- bozo's request by Dr. Edgardo buttan, a former minister of •commerce and labor in Cuba. Alter weeding out applicants, he sent the names to the SBA for approval. A few were rejected, but substitutes sent by Buttari won approval. All had personal or family business experience in Cuba, Butlari said. The tenants will pay rents ranging from $3.00 to $3.86 per square foot per year. For startup costs such as fixtures and inventories, virtually.all are getting Government Economic Opportunity Loans of $8,000 to $25,000—more than $450,000 for the project. Key to the shopping center is die lease guarantees, a sort of insurance policy that pays the rent if a tenant goes broke or otherwise fails to meet his rent payment. Cost of the insurance is 2.1 per cent of total rents over 20 years. Kebo/.o and Trice are putting up $01,000 to cover all premiums and will recoup from cnargcs (Jii monthly rent payments. Given the assurance that the. rents will be coming in, Kebozo and Trice—with the help of an explanatory pep talk from SBA officials—obtained a 20-year, $760,000 mortgage loan from Equitable Life Assurance Society. Haying off this mortgage and its interest-will use up nearly $1.4 million of the guaranteed rents. Taxes, properly management and maintenance costs likely will push expenses over die 20-year period past $2 million, reinforcing arguments that ihe project is no gold mine from a rent guarantee standpoint. Butler and Trice both said no ligure below the 100 per cent rent guarantee was ever discussed for the Cuban project. Even with thai, said Trice, he and Kebozo were turned down by numerous mortgage lenders before Equitable accepted the plan. Just where the idea for a Cuban center originated apparently is a bit hazy in SBA minds. Brown said, "1 imagine the idea came from the regional office in Miami." Butler said, •'Washington asked if we could do anything along the lines of a Cuban shopping center." Trice said "Kebozo called me and said he iiad been asked about sponsoring such a project. He said he couldn't promise much profit." The Cuban project "slowed down almost to a hall" at one point, said Trice. "The procedure is slow, naturally, when dealing with the government. Vou have to go through a lot of different people." The pace stepped up a bit, however, after Mclnarnay of Smathers' Small Business COP.I- muiee intervened. Mclnarnay also said lie helped arrange a meeting between SBA officials and Equitable that led to Equilable's approval of the mortgage. Jacket Found A SUEUE JACKET left at a recent garage sale held at 2003 Vermont may be claimed by calling •427-4166 and giving a description. PAY-LESS SHOE STORES 701 N. ALEXANDER OPEN NITES TIL 9 P.M. ENTIRE STOCK LADIES' WINTER FLATS-CASUALS-HEELS REDUCED TO . . HUNDREDS TO CHOOSE FROM AND Values to 7.95 SHOP EARLY FOR REST SLECTIONS Pr. ENTIRE STOCK LADIES' ,m. PURSES REDUCED! 2.99 Valw* 1.22 Also See Our Complete Line Of Wort And Dress Shoes For Men! S. J. SCOTT DANCING BAN OFF GALWAY, Ireland (AP) -Bishop Michael Browne has ended 30-year-old ban on Saturday night dancing in the diocese of Galway. ll was imposed by an earlier bishop who feared that late night dancing would discourage people from' attending early Sun day masses. Changes in the law about eucharistic fasting and the introduction of evening masses have no\\ removed the problem. HUNDREDS OF NEW SPRING SHOES NOW ON DISPLAY FAMILY SHOE STORES OPEN RITES TIL I P.M.

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