Southern Oregon New» Review, Ashlind, Oregon, Thursday, July 7, 1949
Guests at the home of Mr and
Mrs Henry Galey are Mrs. Os­
car W inther and children, Ingrid
Presenting Key To The City Is A Part of
Mayor’s Job Toni Discovers
and Eric. They are from Bloom­
7. A proper explanation was
More about . . .
CITY AUDIT
not Included in support of many
of the journal vouchers prepar«
(Continued from front page)
not been reconciled with those of ed and entered in the ledgers
the recorder.
At December 31,
8. C ertain tim e records of u til­
1948, the cash balance of the li­ ities employees are destroyed us
brarian was $2,850.81 more than soon as the postings are com plet­
that a® shown by the recorder. ed. These were of course nut a-
It was found that $3,597 74 of vailable fur exam ination which
taxes had been entered by the li­ precluded a satisfactory audit of
brarian in December 1948 and payroll records.
had not shown by the Recorder 1 9. C ertain charges to accounts
until January 1049. This left an
have been made upon a som e­
unlocated difference of $747.13
what
arbitary basis. For exam ple
most of which applied to years
et rti In costs of street im prove­ a j j 4<h Sr
prior to the audit period.
Phone $7ti
3. Proper detailed budget class­ ments. notably on alleys, have |
ifications have not been m ain­ been charged against the utilities
tained by the city of Ashland. and pai 1 from its funds.
The only classification noted d u r­
ing the audit was code num bers
placed In the cash receipts and
voucher w arrant register which
represented type of receipt or e x ­
penditure. No sum m ary had been
prepared from these code num ­
bers for the audit period. The in ­
form ation obtained
for budget
comparison in this report was ob-
the combined
tained by detailed analysis of
the combined receipts and vouch­
er w arrant register. Reference to
code num bers was made w hen­
ever possible.
4. Street departm ent disburse­
ments as shown in the Recorder’s
office had not been reconciled
with the classified disburse­
ments as shown in the City Su­
perintendent’s office. A reconcil­
iation was made during the audit.
5. Several prenum bered re­
ceipts were missing from the
files including num bers 15582-
15589 Inclusive.
Deposits had
been made purporting to cover
all these missing receipts, how ­
ever, it was not possible to v eri­
fy the am ounts of the missing
receipts from records available.
8. Applications for building
perm its w ere not num bered and
frequently not dated. A satisfac­
tory audit could not be made of
building perm it receipts because
ASK FOR YOUR S 4 H GREEN STAMPS
of this condition.
Mill Wood
Fuel Oil
ington, Indiana
Subscribe for the News Review
at only $3 00 per year
Gunter Fuel Co.
FRIDAY AND SATURDAY
S P E C IA L S
Protect It
at the
IF A BLOW comes, you
will
be glad you
Windstorm
PLAZA GROCERY
have
In su ran ce
You won't h a v e to pay
Swift’s Corn Beef,
hundreds of dollars out of
your own pocket to restore
Strawberry Preserves, 1 lb. jar 29c
your property if you have
your fire insurance policy
Sunshine Krispv Crackers, 2 lbs 47e
extended to cover wind­
storm damage.
Ask this H artford agency
S.C. Jones & Sons
Among the m ore pleasant duties of a Mayor are those concerned
w ith greeting people who come to Ashland. In the above picture.
Mayor Tom W iliams is presenting the key to the city to Bishop
G erald Kennedy, M ethodist resident bishop of the P ortland area,
who was a principal speaker at the recent M ethodist conference
held in Ashland. (Photo by M emory Lane Studio).
... BILLINGS A G E N C Y __
(Since J u ly 1883)
DEPENDABLE
NSURANCE COUNSELORS
C om er Main and Oak
Ashland Hotel Building
Phone 8781
Golf Club May
•»
Get New Lease
On Life This Fall
about it.
LAST TIMES SATURDAY
Woyae Marni - Josh Pdp
•os*»?
• it
«a mu
- - i»...- vs n ar
VARSITY
LAST TIMES SATURDAY
LANCASTER
OeCARLO
yyowwx
STKFM1
I
------------------------
i
FREEMAN APPOINTED
A. Bert Freem an has been ap- !
pointed by Mayor Tom William? 1
to fill the unexpired term of R. E. '
Detrick on the Ashland P ark
board. Bill Snider, who was of­
fered the position, did not accept
because of other com m ittm ents.
McNALLT
Mrs. J. E. G ettling is recuper­
ating from an operation at the
A shland general hospital.
Ashland's long defunct golf
club m ay get a new ’ease on life
if a lease which is presentlv be­
ing prepared by City A ttorney
H arrv Skerry Jr., is accepted by
Marion C. Kinder. M arysville,
W ashington, golf course operator
K inder m et w ith a sp*? dal com­
m ittee of the city council Ju n e 8
to discuss taking over the coui e.
This week he w rote to City R e­
corder J B. A ustin requesting ac­
tion or. his offer, m ade at th at
time. to rehabilitate
the golf
course, and to p u t up a club
house. K inder stated th at but a
short tim e rem ained in order to
get buildings up and areas seed­
ed before the seasonal rains set
in. This would perm it the course
to be ready for occupancy next
spring.
I
Possible snags in the proposed '
plan could be th at K inder would
not accept the type of lease of­
fered him by the city, or th a t the
city would not be able to furnish
w ater and piping for the course.
The golf course has lain idle for
several years. An effort to revive
it two years ago fell flat w hen
not enough m oney could be rais­
ed among local golf enthusiasts
to put the course back in shape.
Several local people bought c h a r­
ter m em berships in the golf
course at this tim e in an attem pt
to recreate the sport but the a-
mount raised was not enough to
complete the job.
P a i.e la Kitchel is a guest at
the home of Mr. and Mrs. P. R.
Hardy. She Is the daughter of Mr.
and Mrs. Woodrow Kitchell.
with
45c
I
Is your watch at home useless
or doe« it keep poor time? Let
ns fix it up right with our ex­
pert cleaning, oiling and re-*
pairs if necessary. Genuine
parts. Scientific regulation.
t All work guaranteed by us.
Special note to Elgin Watch
owners» If your Bgbi 1« a 1 9 3 ? '
modal or later we have the om ai- 1
THESE ARE THE S J
BANKING OFFICES IN THE
FIRST NATIONAL GROUP
PO RTLAND
»'hone 7131
Jello, all flavors, 3 for
'z
W lute King Soap, large size
28c
means working closely with you and your neighbors to build a
greater Oregon It means, especially, building toward your security and
prosperity No matter how large or how small your banking transaction,
we recognize its importance. W e know that by helping you grow we help
build all Oregon — family by family, farm by farm, business by business.
B R A N C H ES
PORTLAND M A IN BRANCH
5th, 6th and Stark
S IXTH A N D MORRISON CRANCH
UPTOW N BRANCH
605 S.W ’ 4th Ave
E A .T P O R T ..A N I BRANCH
6 ! 2 S.E. Morrivun St.
HAW THORNE BOULEVARD BRANCH
S.E. 39th and Hcwthvrne
LIVESTOCK X E N fO M »h
8334 N. Denver
M O N T A V IL L A BRANCH
8005 S.E. Stork St.
HOLLTWOOD-MOSk CITY B K A .’ CI,
4200 N.E. Sandy 8!vd
SOUTHEAS1 PORTLAND BRANCH
5444 S.E. 32nd Aye
-¡'O N a n d R tlS < n i. •’ RANCH
¿RANCHES Ob! v! PORTLAND
ALBANY BRANCH
ASHLAND BRANCH
ASTORIA BRANCH
BEND URANCi
CENTRA) P O lN l
A flC il
CONDON BLA N C S
COOS BAT BRANCH
C C .'U ILLE BRANCH
ENTERPRISE hk • "H
FOSSIL JR A N C I
GRANT PASS b ... >CH
GRcSHA/. BRANCH
HEPPNER 3F A r :H
HILLSBORO BRANCH
H O C ' PIVEP. 3P HCH
Kt. M A ftr PA: L
■ O fn clli ro ils w ro .i.n
South Sixth Street Branch
LA GRANDE BRANCH
LAKEVIEW BRANCH
MEDFORD BRANCH
MERRILL BRANCH
MOLALLA BRANCH
NEWBERG BRANCH
NORTH BEND BRANCH
NYSSA BRANCH
OAKRIDGE BRANCH
OREGON CITY BRANCH
PENDLETON BRANCH
SALEM BRANCH
SHERMAN COUNTY BRANCH
STAYTON BRANCH
THE DALLES BRANCH
TILLAMOOK BRANCH
UNION BRANCH
WOODBURN BRANCH
Cortton State end Saving« Bank
Benton County State Bank I Cerva III« I
Philomath Branch (Philomath)
The Pint National Bank of Cottage Grove
The Pint National Bank ef Eugene
The Pint National Bank e f Fereit Grove
The Pint National Bank ef Lebanon
State Bank ef Malheur County (OntarioI
Monroe State Bank
Moreland-Sellwood Bank (Portland)
The Pint National Bank ef Prineville
Sale State Bank
Clatsop County Bonk (See lido I
Cvelldge end M cClain, isilvertenl
Hank ef Sweet Home
* e r ’WR Stefa Bank
•ng new Dura Tower Mainspring for
it. Eliminate, 99% o f watch rep ain
,
to steel mainspring failure«.
Sheldon Jew Iry
21c
LET'S'BUILD OREGON TOGETHER'
OTHER BANKING OFFICES IN
THE FIR5T NATIONAL GROUP
FREE INSPECTION
Wheaties, large size
FIRST m tlO B IA L R A N K
OF PORTLAND
JUNE 30.
1949
■mb«r Federal Deposit Insurance Corporation
.IS O U R C k i»
_ajh in vault and in Federal Reserve Ba
One from S a n k ,..............................................
k
....................................$ 7 1 ,1 0 8 .S 6 2 .70
........................................ .... 3 0 ,6 3 8 ,1 1 1 .0 3
Total Cash......................................................... t .............
ni'ed States Government Obligation», Direct and Fully Guaranteed
tale. County and Municipal Bondi and W o rra n ti....................
)lho. Bond, and Securities..............................................
$108 746 6 7 3 73
183 570 6 93 61
u j E i in c n
, „T XT ”
' 222222
22
I« « '« « » !
lock in Federal Retervc Bank........................................... . / . * ’
oom and Discounts ..........................................................................
\ecrued Interest Receivable................................................................
lank Premise,. furniture and Fixture» and Safe Deposit Vault«
Tiber Real Estate ow n ed ....................................................................
Cuttomen' liability on Account« of letter» of Credit,
..........
I 701 s
¿Ei
,
Acceptance», and Endorsed Bill«.................................
Jlhar Re.ource.......................................................
............................................................................
TOTAl RESOURCES........................................................
, ,,, ...
3 4 7 ,8 3 7 .6 0
£ 4 9 7 ^ 8 7 ^ 4 0 7 .1 «
.IA B IL IT IIS
jpl'01...................................................................... 1
Jrpl“i
.......................................................................
□divided Profits and Reserves.
.................................
Total Capital Fund,................................................... \ \
4 ,3 0 0 ,0 0 0 .0 0
13 ,5 0 0 ,0 0 0 .0 0
1 4 ,5 4 4 ,950 65
1
4
“
,
„ ,5 4 4 9 5 0 ,5
RESERVE FOR POSSIBLE IO A N LOSSES. This reserve it to apply
again«! any loan lasse» that may develop in the future,
it ha, not been allocated to any particular loan« or type
Of loans (Established from currant earnings — January 1
1949 to Juno 30. 1 9 4 9 ) .............................................................
3 0 0 ,0 0 0 .0 0
DEPOSITS J D* m and.......... .................................................................. 3 1 3 ,3 4 7 ,5 7 3 .3 6
) Saving, and Tim e........................................................... 1 4 4 ,8 5 1 ,0 0 0 .1 0
4 5 8 >J0 5 ,5 7 3 .3 6
liability for letter« of Credit and a t Acceptor Endorter
or M akar of Acceptance« and Foreign B ill« .............................
In te r..! Received in Advance....................... .............
Reserve for In te r..!, T a x .., Etc............. .
................
4 I l s «<■ a x
.« « ¿ .¿ M i
” 2
I O . . I IIASILITICS...........................................................
>4
W .."g:"
in a d d itio n to Its 4 5 b ron ch os th ro u g h o u t O ro g o n , 16 o th o r O ro g o t
B o n k in g O tRcos a ro m om b o rs o f tho f ir s t N a tio n a l B a nk G ro u p
¡/{POSITS
r
The Pint National Bonk of Portland and 45 B ran c h ......................................
16 other Oregon Banking Office« In the Pint National G roup..................
IO ANS AND DISCOUNTS
The Pint National Bank of Portland and 45 Branch.«............................
16 other Oregon Banking Office« In the Plr.t National Oroup. . .
$ 5 5 4 ,8 5 6 ,5 4 6 .9 4
$ 1 56 5 5 6 441 6x
34 841 3 16 71
.
TOTAl RESOURCES
The Pint National Bank of Portland and 45 Branch.«..................
16 other Oregon Bonking O ffice. In the Pint Notional Oroup. . . . .
«4 5 ( 205
9 6 ,6 5 0 ,9 7 4 .5 8
tUL.W.'w^
' ’
< 407 ,
,
1 0 3 ia 3 337 ’
TOTAl RESOURCES ef the 61 BANKING OFFICES In the FIRST NATIONAL OROUP $ 6 0 0 ,3 1 0 ,7 4 *
i'
’*
/e e .'e ii'li
» ••5 ,5 1.4 .2 7
None
TAKE ADVANTAGE OF INTEREST EARNINGS FROM JULY 1
Soving. deposit« made before July 10 draw interest frem July 1.
Open your account nowl There’« ne lubstltwte fa r cash In the bank.