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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (July 6, 1959)
PAGE 10 A HERALD AND NEWS, Klamath Falls. Ore. Mondav. Julv 6, 1959 v r- 1 1. "vrJ I Driver Reports Hit-Run Wreck Vern R. Jameson of Alturas re ported to state police that his car had been struck by a hit and run driver early Saturday morning. Jameson said the accident oc curred on State Route 66 between the suburban area and Lakevicw Junction when a car almost en tirely on the wrong side of the highway came speeding at him at 3 a.m. Jameson said the fleeing car probably lost a tail light and some chrome in the sideswipe accident. SEAMEN DESERT SHIPS MOBILE, Ala. (UPIi The U.S. Immigration and Naturalization Service says 39 seamen deserted foreign ships here during the last 12 months and seven stowaways arrived. Biggest Theft In World Axed By Federal Agents The Vienna Waltz is 140 yean old: CHICAGO (AP)-A story of in ternalional high finance was un folded by the FBI in the wake of the arrest nf three men in con nection with the theft of 8'i mil lion dollars in Canadian bonds. The FBI called the theft the biggest burglary in the world. The bonds, plus cash and jew elry, were taken May 3, 1U38. from the Brockville Trust and Savings Co., Brockville, Ont., by a gang ot safecrackers using blowtorches. The FBI said men seized Thurs day all were involved in attempts to dispose of part of the loot. One of their schemes, said U.S. Asst. Atty. James B. Parsons, was to try to purchase a European bank as a clearing house. Arrested were three Americans among five persons named in a supressed indictment returned b; a federal grand jury here June 30. The other two are Canadians still at large. Captured were Sam Mannarino. 53, New Kensington, Pa.; Nor man Rothman, 44, Surfside, Fla., who is under indictment in Pitts burgh for running guns to Cuba; and William Rabin, 52, Chicago. Mannarino was arraigned in Pittsburgh before U.S. Commis sioner Alex McNaugher and freed on $5,000 bond. Rabin, a business consultant. was free on bond at the time of his arrest in Miami on earlier charges he received $'J8,0O0 in stolen bonds. Still being sought are Rene Rob- RIBBON WINNERS, Mrs. Grant W. Damon, left, and Mrs. V. I. Brader, Chemult Garden Club, show their awards for the horticultural essays on peonies and daisies, which were judrjod at the recent annual convention of the Oregon State Garden Clubs, Inc. at Portland. Plan Announced By Bank To Sponsor College Pupils A college-on-crcdit plan will be pioneered in Oregon by the First National Bank of Oregon, it was announced by C. B. Stephenson, president of the statewide banking system. To be known as the Firstbank College Education Plan, the new concept will enable responsible parents or sponsors to buy an all important college education for their son or daughter on a monthly Installment basis just as they buy their home or automobile. The First National plan has been hailed by educators and pub lic officials throughout the state as a program which will make it possible for many more students to secure a higher education. "Our decision to pioneer this plan in Oregon was prompted by the urgent need of qualified stu dents who would be unable to se cure a college education in any oilier way," C. B. Stephenson, bank president, explained. The parents may contract for an unsocurcd personal loan for a period up to six years, with the money being paid by the bank to either the parents or the school In equal installments at the be ginning of each college term. The loan funds may be used to pay any of the normal expenses which students incur transporta tion, tuition, books, room and board, etc. The college education plan car ries with it life insurance pro visions which insure that the loan funds will continue to be avail able for the student's education in the event of the death of the parent or guardian, and at the same time cancel the indebtedness. Should the parents need assist ance to augment other funds in the amount' of $4,000, for example, for a complete four-year college ed ucation, the funds advanced by the bank would be repayable at the rate of $63.48 per month for 72 months. Adjusted programs for two or three years will be avail able for students who have al ready started college. WARREN NAMED ELECTOR NEW YORK (UPD.-Chicf Jus tice Earl Warren ot the U.S. Su preme Court has been named an elector of the Hall of Fame lor Great Americans at New Yrk University, it was announced Thursday. j Anything In Wednesday Or Before - Back The 10th. Domestic f Rugs j) Cleaned CzSq F, 50 Wall to Wall Carpet 6c M Dav. & Chair Sets 14 Other Rugs And Furniture Priced Accordingly Drapes 45c sq. yd. & Up Blankets 1.65 & Up Free Pickup And Delivery Plus S&H ' Green Stamps All rugs finished to their original beauty with our exclusive PILE RAISING machine at no extra cost. Free estimates gladly. Fashion Cleaners 129 S. 7th Ph. TU 4-5563 rt and Giuseppe Cotroni, both of some of the bonds, Parsons said, Montreal. Three other men had and a man he named as Rene lieen seized last year in'connec- Martin has been sentenced to 12 :ion with the bonds. years in jail in connection with The indictment charges that the actual burglary. Kamn put up as security more than $138,000 worth of Canadian bonds at a Chicago bank in Sep tember and October 1958. It furth er charged him with fraud bv OSBORN HOTEL EUGENE, ORE. Mil. J. B. C.rlT Jo. Eirly Jr. Pr.prl.ton , Thoroughly Modem wire in pledging $140,000 in stolen bonds to a Swiss bank. Rabin has denied any knowledge the bonds were stolen. The break in the case came. Parsons said, when a Swiss bank learned the bonds were stolen and notified police, who tipped the FBI. Canadian police have located What will you be doing TONIGHT AT 8? Looking ot television? Bowl ing? Attending a movie? All lots ot tun but they won't help you to get big. ger pay check. , Tonight, many ambitious young men and women will be earning the right to a raise in poy, by attending night school. They will be mastering type writing, shorthand, accounting and office machines. They will be making new friends among the bjitness leaders of the future. New Classes Start Monday Ask for a free copy of our Night School Bulletin. ROBERTSON SCHOOL OF BUSINESS 411 Main TU 2-4126 s ! !- s - i SAVE BY July 13th 1 i . - FROM The First! ( "ft m J) 70 I INTEREST A Your savings account at Klamath's own home-owned Bank of Klamath Falls builds up fast . . . builds strong bank credit at the same time. Your neighbors save here . . . why not you? OPEN YOUR ACCOUNT NOW L ennm IT .KLnmnTu falls 6th and Klamath All Deposits Insured Up to $10,000' Hi Avenue JX By the F.D.I.C. I PRICES SLASHED To Save You Money.' Store-Wide REDUCTIONS $roo 00 00 50 $1 79 Dresses 2-5 Dresses - 2 $9 Children's Dresses 2 -9 Girls' Blouses 77 c urns Jims"" N- i Boys' Jackets $2 Boys' Shirts 1 Boys' Shorts- 59c Girls PlayClothesS" !3 Off Girls' Baby Doll P.J.s 2 price Baby Rubber Pants- 5 -1 Baby ToDoer Sets '2 LIMITED QUANTITIES HURRY FOR BEST BUYS! $1 oo 50 Baby Blankets V Off Ladies' Slips T-T-T Ladies' Panties 3 - T Ladies' Bras 2 - 88 c Ladies' Purses 536 1 4 " Vi Price Ladies Better Dresses l Vs Off Ladies' Blouses v"iu" $? G,""y Ladies' Robes oi7"5 "m $2 Men's Cotton Shirts 1 Men's Stretch Socks -9 3-1 Men's Argyle Socks 3-1 1-GrouoYardaae 2 1 r,.. Wonderful O yards $ 4 00 Yaraagev,u" 6 l UD A TlH flD ti W 61. t lTft 98 49 00 00 00 Swim Caps " Vi Price Jewelry - - 49 c - v1 00 - 2 00 Towels ExecPHona Vau" 98c Vi Price Exceptional Values Lunch Cloths Ceramics 7:29c-49-98c.1'8 Glf t IteiTIS ""dtbr"u0e Greatly Reduced Reg. 51.19 Now Vt Price in 4480 So. 6th NEXT to OREGON FOOD Can Openers Blankets Dish Cloths 15 CL-.-.l $1 39 Others Gretly Reduced iheets'8 n-i . Irons5- T T -1 $198 $ft98 IOd5Ter5 Va " 7 ALL SALES FINAL On Sale Merchandise! I Low. Low Prices .... Plus W: Green Stamps BUY ON REVOLVING CHARGE OR LAYAWAYI