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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 3, 1963)
-' 8 B r , THURSDAY JANUARY 3. 1963 MEDFORD I.AIL TRIBUNE. MEDFORD, OREGON "I J COLD SWIM - Members of the Hamlramck swim to celebrate the start of the new year. Skin Divers club of Detroit, Mich., emerge ' The temperature was 18 degrees above from the Detroit river after a two-hour zero. (UPI) Equitable Savings, Loan Association Opens Local Office Eauitable Savings and Loan association, one of Oregon's oldest and largest savings and loan association, officially opened Us 19th office In Ore gon in the Medford Shopping Center with a ribbon cutting ceremony this morning. Medford's new mayor, James Dunlevy, cut the ribbon dedicating the new office de signed by Medford Architect Robert J. Keeney. Represent ing Equitable at the dedica tion ceremonies were John A. Zehntbauer, member of Eqult able's board of directors, Harold H. Cake, executive vice president and a board member, and Rollin Watson, Medford branch manager. A three-day open house will feature prizes, a puzzle piece contest, carillon bell concerts daily by Professor Thomas Roberts, caricature sketches by Hollywood artist Pancho refreshments and free gifts, including gifts for opening new savings accounts. Mar Match Missing Piece Medford area residents who received puzzle pieces In a letter mailed from Equitable last week may take their puzzle pieces to the new office to see if they match the miss ing piece on the master puz zle. Office hours during the open house will be until 3 o'clock this afternoon; 9 a.m. to 9 p.m. Friday and from 9 a.m. until 4 p.m. Saturday. Equitable was organized in December, 1890, under the corporation laws of Oregon. It is the oldest savings and loan association in the Pacific Northwest operating under Its original charter. Equitable began operations in the State of Washington In 1899. Equit able has six offices In Port land Including the home office and in nine other Oregon cities including Medford, Roseburg, Coos Bay, Eugene, Springfield, Newport, Salem, Bend and The Dalles. Us four offices In Washington are In Seattle, Tacoma, Spokane and Yakima. $160 Million in Aiuii Equilable's total assets now exceed $100,01)0,000. Indi vidual accounts are insured to $10,000 by the Federal Sav ings and Loan Insurance Cor poration, an agency of the federal government. Equitable is also a member of the Fed ernl Home Loan Bank. Equitable pays 4 per cent current rate on open savinRs and 4'i per cent current rate at maturity on its A.P.O. systematic savings plan avail able to savers less than 59 years old. The board of directors of Equitable Savings and Loan association met here last night for the first time in Its 72 year history. The occasion was its regular Dccembe meeting postponed to coincide with the opening of Its 10th office in the Pacific North' west In Medford this morning. Ralph H. Cake, president of Equitable, presided at the meeting attended by all but one of the nine board mem bers. Equitablc's board in cludes: Ralph H. Cake, president, elected to the board In Feb ruary, 1922, and president since March, 1938. Cake was also Oregon's Republican Na tional Committeeman from 1940 to 1052. Harold H. Cake, executive vice president, was first elect ". rd to the board In February, 1940. Former Legislator Andrew M. Collier, presi dent of Klamath Ice and Stor age company, Klamath Falls, was first elected to the board in January, 1J42. Collier Is a former member of the Oregon Legislature. Ralph H. Cake, Jr., Port land attorney, a graduate of Stanford university and Har vard law school. He was elect ed to the board In May, 1959. John Zehntbauer, chairman of the board of Jantzen, Inc., and one of its original or ganizers. He was first elected to Equitable s board in No vember, 1940. Frank E. McCasIm, presi dent of Oregon Portland Ce ment company and honored as one of Portland's first citi zens. He joined Equitable's board in June, 1943. Howell Appling, Jr., Ore gon's secretary of state and a partner in Independent Dis tributors, a Portland farm and logging equipment company, was elected to the board In May, 1962. Victor Atlyeh, president of Atiyeh Bros., Inc., prominent Portland rug firm and an out standing member of the Ore gon Legislature from Wash ington county, also was elect ed to the Equitable board in May, 1962. William E. Love, Portland attorney and only member not present at the Medford meeting, was elected to the board in May, 1962. Eugene Selects Senior Citizen Eugene - (UPI) - Marvin Dahl was named Eugene's Senior First Citizen of 1962 Wednes day by the Eugene Real Es tate Board. Dahl is vice president and manager of the Eugene Main Branch of the First Nation al Bank of Oregon. He is president of the Oregon Trail Council of the Boy Scouts, a holder of the Scouts' Silver Beaver Award, former presi dent of the Community Chest and campaign chairman for the United Appeal. Dahl, 55, has been honored twice in six years. In 1956 he was named Sprinfield's Sen ior First Citizen for his civic activities while manager of the Springfield Branch First National Bank. of Poland Said Crack In Iron Curtain Washington-HIPB -Rep. Rob ert P. Griffin, (R-Mich.), said Wednesday a trip to Poland changed his stand against lim ited U.S. aid there. Griffin said he concluded that "fortunately for the West, Poland definitely is a crack in the Iron Curtain. In fact, U now serves as a very valu able window into the Com munist system." Try and Stop Me By BENNETT CERF ATTRIBUTED to Supreme Court Justice William Douglas is the tale of a mountain climber who arrived for an assault on a Himalayan peak with a portable TV set packed in his gear. Guides re minded him that there was no television even dreamed of in that part of the world. "I know that," nodded the climber, "and that's why I brought my own set with me." Ted Laycock, dean of Boston literary critics, re celved this note In "Latin' from a Boston College senior: "O, Slbllt SI Ergo, Fortibusea in Era. Nob ill Demls Trux, Scvatis In Em, Causen Dux." Laycock puz- zlcd over the mcssago for qulto a spell beforo the light dawned. He then was able to decipher the quotation as follows: "Oh, aee Bllllc; see 'er go! Forty busses in a row! No, UiUle: dem Is trucks. Bee what is in 'cm: cows and ducks." QUOTES WORTH REMEMBERING: "A salesman should never be ashamed of his calling. Ho should be ashamed of his not calling." Albert Laskcr. "Man can hardly ever recognize the devils of his own crea tion." Albert Schw-clUtor. "It Is a foolish man who hears all he hears." Austin O'Mnlley. "He tiiat falls In love with himself will liave no rivals." Ben jamin Franklin. O IMS. t7 Bennett Ctrf. Dulribultd by King FMtural 9indkl I tf'l I 1 .1 1 I" """to suns NtnoNAi mk J i 1 1 I Marnbir ftdarll Daaaui lautMca w ponruwo try pot at Salvation Army Gets Unusual Contributions Montreal - OJPD - The Salva tion Army has turned over to police some contributions from people apparently un familiar with the organiza tion's real purpose. Capt. Howard Nichol said truck-loads of donated cloth ing also contained a machine gun with 20 rounds of ammu nition, a shotgun, four revol vers and assorted bullets. COMES ON HARD TIMES Desbury, England - IUPD -Bookie George Carriglll, hard hit by blizzards which have cancelled hundreds of races, applied Wednesday for unem ployment benefits. Prominent Wallowa County Rancher Dies Enterprise -0IPD- J. H. Tip- pett, prominent Wallowa county rancher and land own er, died at his home near here Tuesday night of a heart at- tack. He was 75. Tippett was once president of the Wallowa County Stock Growers association, and 1951 Washington State Cattleman of the Year. Brentwood, England - (UP! -Albert Westcott, 24, was con victed Wednesday of stealing the coat of a policeman who had gone to a restaurant to check into complaints of coat stealing. SHOP EARLY! LIMITED TIME ONLY! TREMENDOUS SAVINGS IN EVERY DEPARTMENT! LOW EASY TERMS! 45-Pe. Set China Service For 8 Floral Pattern- ted .88 IfuRDY'HANSOH' JVC BATH O EaVTo' Read Dial- .99 SET wr - MIXING BOWLS Q Graduated Sizes.. IrAlNLEsTs ini." FRY PAN IV - lO Vary 5peciy Priced 100 Fully Therm- O Including Control & Cover ble Pan .63 Reg. 14.95- - mere KITCHEN TOOL SETS O Colorful Melamina Handles TTrge' jewel ' " . . i inl ICT WITH uru.i . 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IU Diamond Onyx Ring Mans', CO 63 Reg. 75.00 Q Diamond Wedding Bands Mr. and Mrs., V 063 Reg. 142.00 I I JT Ladies Birthstone Ring With 2 Diamonds, Mm Reg. 69.50 "f Diamond Earrings 14K Mounting, m A3 Reg. 200.00 O Ladies' Diamond Ring Set Hand Carved Mounting, Li063 Reg. 100.00 Man's Diamond Solitaire 149" Ladies' 10 Diamond Duet 14K Mounting, CO 6 3 Reg. 75.00 LOW EASY CREDIT TERMS IfcSSl ' ' ' 4f POWER4 SAwi 1 ft Eilnl-At SI'P Clutch if 17-JEWEl STYLES With Expansion Bracelets, Priced at Only No Money Down Man's "OCEAN CORSAIR" Is water and shock resistant with luminous dial, sweep second hand and unbreakable mainspring. Lady's "DOLORES" is shock-resistant with exquisite gold filled case and unbreakable mainspring. ALSO HUNDREDS OF OTHER STYLES ' 29.63 to 75.00 LIFETIME GUARANTEE ON ALL MOVEMENT PARTS AGAINST BREAKAGE. 14K Mounting, Reg. 200.00 am WHISTLING El I 3-qt. 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Fry Pan 14.63 Sunbeam Steam & Dry Iron 10.63 L.l -AVE TlW-dt h-jJ Manning-Bowman p 1 14.95 f 99 TODAY'S BEST 1UVI NEW REMINGTON "ENVOY" PORTABLE TYPEWRITER NOW ONLY J FtAIUKES tULl 4MCEY KEYSOAI0 I TWO COIOI ISS0N AND STENCH CONTIOl UVEI 1 CollBpubl lrt tpact Corriogl rttur Uvtr Card and i writing lm uolt ' S'ondord ipoct bar Rtmar)bl too ft cr lopt, bot 8'-iith wntino linn left hand ibtft I hry Vitiblt tght hand margin ttep Many athtr faotuftt 5 ' V Col 'r r J 309 .$ mnlH ) -5 Fan-Forced Electric Heater With Safety Tip-Cver Switch Automatic instant heat, thermostatic oily controlled! Ribbon elements ra- dtofe fan-forced heat in 3-5 seconds. Only $1.00 Monthly manning-Dowman eiccthc ii.yi VALUt i.4 WAFFLER and GRILL . i 5 t-...n i.u . . l-l. ... ... . Bi Fl U i' lt purpl wttMI grill bekir. CKrom tjL .V) fmiK, frv htal centre). Automatic t-qpot B ST v- gjk IttjKl. tof I nop tut platti. Cwa'0"fd 1.30 MONTH Al Medford Shopping Center Open Monday & Friday Until 9 p.m. I