TUESDAY, JULY 20, 1954
HERALD AND NEWS. KLAMATH FALLS. OREGON
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Small Town Bank Closed
VALLEY CENTER, Kan. Wl
Merchants and others in this com
munity of 1,100 were stunned yes
terday when they went to their
town's only bank and lound it
closed. Bank Commissioner Elmer
T. Beck said bank losses would
exceed 1310.000.
The doors of the Farmers and
Merchants State Bank were closed
following a week's investigation by
state bank examiners. Depositor;
had no hint that anything wa3
wrong. Beck said John W. Basore.
the bank's president, had admitted
irregularities and had promptly re
signed. After announcing the probable
loss. Beck said he would have no
further comment until his report
is complete.
Some merchants were ' caught
with Saturday and Sunday receipts
and no place to immediately put
them. Some of them had a hard
lime rounding up change so they
could open up this morning.
L. R. Beny, hardwore store opcr
ntor, said gloomily, "I might as :
well have stayed closed today. No
one wonted to buy anything. They
just wanted to talk about the
bank." j
There have been no arrests or
charges filed.
County Atty. Warner Moore was
trying to find Basore, who he said
had not been at the bank all day
and was not at bis home.
Beck said the bank Is not pro
tected by the Federal Deposit In
surance Corp.
DRUM MAJORETTE with fhe Klamath Falls American Legion Drum Corps is Sharron Sue
Schwanmiller 14-year-old daughter of Mr. and Mrs. Arthur W. Schwarzmiller, who have ust
moved here from Everett, Washington. Featured in Who's Who in Baton Twirling '52 Sharron
has twirled for the Snohomish, Washington, High School band and for tho Earl Faulkner Post
No 6 Drum and Bugle Corps at Everett for two years. Her father, who is with Modoc Lumber
Company, has transferred to the local drum corps. They left Sunday for Coos Bay for the
state American Legion convention. Sharron will enter KUHS as a sophomore in September.
Indian Roads
Plan Announced
WASHINGTON Ufi Washington,
Oregon and Idaho will share in a
10-milllon dollar program for im
proving and maintaining Indian
reservation roads announced Mon
day by Secretary of the Interior
McKay.
Allocations proposed in the pro
gram include $850,000 for the three
Northwest states.
The program was outlined in a
request to Congress for a supple
mental approproation of $3,900. 000.
The Interior Department said It
already has $2,897,000 for road con
struction and $2,043,000 for main
tenance on reservations. In addi
tion, it also plans to use contract
authority totaling $1,161,000 pro
vided by the Federal Aid Highway
Act.
Grasshoppers
Cover Big Area
ROOSEVELT, Ltah Wi County
commissioners met in emergency
session yesterday to draft an ap
peal to Gov. J. Bracken Lee for
help as hordes of Grasshoppers
devastated a 20,000-acre area in
Duchesne and Uintah counties of
eastern Utah.. ....
Grasshoppers were reported
"two to three inches deep" in some
ltelds and eating everything in
sight.
Drunk Offers
Unusual Plea
COLUMBIA, S.C. UH David
Joyncr's unusual plea on a drunk
enness charge paid off In City
Court here yesterday. He admitted
he was drunk but said he was on
his way to church.
"At least," said the judge, "you
were headed in the right direction.
So drunk or sober, I'm going to
suspend your sentence."
Town Celebrates
200th Anniversary
TANEYTOWN, Md. W! They're
letting their hair grow in this Car
roll County town so that they'll all
look like early settlers when cel
ebrating Taneytown's 200th an
niversary next week.
Tomorrow through Friday there
will be a pageant depicting the
history of this community of about
2,000. More than 600 persons will
take part in the pageant.
This is one of the places In
which George Washington slent and
it's the birthplace of Roger Brooke
Taney, who became chief justice
of the Supreme Court.
ILLNESS
LOS ANGELES UTi Blues singer
Kav Starr is progressing in Good
Samaritan Hospital alter undergo
ing surgery two days ago. The
nature of her illness was not dis
closed, t
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Dulles Cancels
News Conference
WASHINGTON (IP) Secretary of
State Dulles canceled his news con
ference today to keep in close!
touch with Indochina truce devel
opments at Geneva.
Dulles, who usually meets with :
newsmen on Tuesdays when he is I
in Washington, was reported to be
in frequent telephone and cable
contact with Walter Bedell Smith,
head of the U. S. delegation at
the Far Eastern fonference.
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PAGE SEVEN
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