PAGE 2A
Defendant Called 'Insurance Eccentric1
MINNEAPOLIS UPI - Ec
centric Is the word for Tilmer
Eugene Thompson. Regarding
insurance, that is.
In the middle of the little
criminal lawyer's trial for the
murder of his wife Tuesday,
while the state was piling up
evidence the defendant had
amassed $1,B5.000 in life Insur
ance on his wife in II months
prior to her bludgeon-knife slay
ing, the defense asked an in
casting question.
"Would you say that Gene
was an eccentric regarding in
surance of all kinds?" Defense
attorney Hyam Segell asked an
agent who had procured
$700,000 in life insurance for
Thompson in little over a
month.
"Yes," said the witness,
Starts THURSDAY!
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JAMES
MacARTHUR
17
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wild kid th Hawk
winttd to limit '
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Starts THURSDAY!
(3DU0pJfl00i yi
face an unknown
' of adventure with 'tfj
200 miles of Canadian wilderness
. i'iv between them and
tneir
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LUATH
tlx Uinta KitnttH
Emile GENEST-Sandra
taw!
Th Walt Disney -
7, fi "tr
eJneredible
MNnMmillll ihmkJIHSIlCII kMoJIulMlCil TFrUMirAI OR
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Admission Thit Engagement
Kid (Und.r 12) 50c
Gen. Adm. $1.00
iuoCK
HERALD AND
James Richard Treanor, a com
missioned agent for Travelers
Insurance Co. He was the
fourth prosecution witness,
called during the second day of
testimony.
Then, on cross examination,
Treanor began elaborating on
the 35-year-old Thompson's pur
chases. He had $100,000 liability insur
ance on his home for things
like tripping on rugs at time
when $10,000 was considered
normal and $50,000 way up
there.
Extensive Auto Insurance
And take the matter of auto
insurance, he said. Thompson
had $10,000 property damage,
$3,000 medical, a-total disability
auto accident policy that pro
vided $50 a week until death or
DOORS OPEN 6:45
1
or when there was
r l
West's most
feared
RUTA NOD
DOORS OPEN 6:43
world ;
lovcaones:
TAO BODGtR
IKt Sijiwu 01 ti M Tamer
SCOTT-John DRAINIQ
WMk
m
NEWS, Klamath Falls, Oregon
recovery, an accidental death
that provided $10,000 on death
In operation of a land motor ve
hicle, full eomprehensives on
two autos, $25 towing and la
bor, and some others.
"He had everything we could
write for him in very substan
tial amounts," Treanor said, re
ferring to auto insurance.
However, his driving may
have been somewhat eccentric
too: "His accident loss record
was such that Travelers can
eled him out."
Treanor, a friend of the
Thompsons, also testified that
Thompson "indulged his wife a
bit," that "the two got along
very well," and that Thompson
"would have done anything to
keep her happy."
Thompson's wife stood to in
herit a fortune from her par
ents estimated up to $1 million.
Around Feb. 6, 1962, Thompson
began pressing for huge
amounts of insurance on his
wife, plus double indemnity for
accidental death, with such a
"sense of urgency," Treanor
FRB Hikes Requirements
On Credit Stock Purchases
WASHINGTON UPI - Ef
(ective today stock market
traders will have to put up at
least 70 per cent in cash (or
the purchase of securities.
In an announcement released
Tuesday the Federal Reserve
Board (FRB) increased the
margin requirement from the 50
per cent to which It was low
ercd In July, 1962, when the
market was recovering from a
serious slump.
Because the announcement
came on a New York market
holiday, and was Issued after
the Midwest Stock Exchange at
Chicago was closed, the Pacific
Coast Exchange was the only
one still active when the an
nouncement was made public.
There, trading activity almost
doubled the moderately active
pace it had shown earlier in the
day. An official said "all hell
broke lose as soon as the news
came ou'."
AwaH Reaction Today
Trading in Wall Street today,
coming after an overnight op
portunity to digest the FRB rul
ing, probably will reveal more
significant clues to the impact
of the margin Increase on inves
tors. The board's action, described
as precautionary, came at a
time when the amount of credit
used to buy slock had risen by
43 per cent from where it stood
a year ago July, to the current
Superintendent Rules Out
Carols And Nativity Scenes
BEAVERTON, Ore. UPl -Beaverton
School District Supt.
Thomas Woods Monday night
proposed policies which Would
outlaw religious carols and na
tivity scenes in Christmas pro
grams in schools.
Three policies would eliminate
the religious aspect, which Pr.
Woods said is in line with U.S.
Supreme Court decisions.
One would prohibit the dis
tribution of religious literature
of any kind to students.
The second would permit re
ligion to bo the subject of In
struction where leaching faclu
ally about religion would be dis
tinguished from indoctrination.
And lastly, holidays would be
observed only in terms of their
cultural aspects and without re
ligious impact or character.
The school hoard Is to take
EfflSl
DOORS OPEN 6:45 P.M.
AGAIN, "WORLD HERITAGE" PICTURES
Continue! Tonite . . No. 3 in our series!
From the TREASURY of the WORLD'S
GREATEST MOVIE MASTERPIECES . . .
fabulous films from fomed books!
In ill
MUtlUJAItlER
..!,. WAITER
Charley
Wednesday. November . 1961
testified, that he sent a letter
to the company home office.
Jury Hears Letter
Striking for the defense, Se
gell read the letter to the jury.
It said the company should re
alize that "Carol Thompson is
the only child of wealthy par
ents, with their estate estimat
ed from one-half to one-million
dollars." Should she die,
Thompson felt, it said, that her
estate would fio to their four
children and "bypass him."
Segell asked: "One reason
why Thompson might want all
this insurance on Carol is to
provide a hedge against the by
passing of an estate wouldn't
this be one reason for a large
amount of insurance on a
healthy young woman?" Trea
nor said yes, it would.
Thompson is charged with
first-degree murder in what the
state contends was a three-man
plot, masterminded by the hus
band, to do away with Carol,
34, a choir singer, ardent
church worker, devoted house
wife and mother.
figure of $6,971 billion.
It acted under authority of the
1934 Securities and Exchange
Act, which empowers the board
to raise margin requirements to
prevent the excessive use of
credit.
It noted that since July 9,
1962, when the cut from 70 to
50 per cent was made, nearly
$1.8 billions of the $2.1 billion
additional credit was in custom
er net debits of brokerage
firms.
Rraellnn Is Mixed
Wall Street reaction was
mixed on possible effects of the
cut.
Possibility of a rise in the
margin requirement had been
considered on Wall Street for
some time, although the holiday
timing caught some persons by
surprise.
Some sources expressed the
belief that the move may slow
the market momentarily but
others recalled that "the street"
had been through the whole
thing before.
Wall Street quarters also were
divided as to effect of the move
in the small investor. Although
a few brokers have reported ris
ing numbers of accounts since
the first of the year, most trad
ers say that "the public" has
not returned to the market in
anything like the numbers rep
resented before Hie big shakcout
in the last days of May, 1962.
action on the proposal at its
Dec. 2 meeting.
Dr. Woods said that Christmas
carols would be considered re
ligious hymns and "a Christmas
observance with carols would be
objectionable."
Medford Man
Dies In Crash
MEDFORD (UPD - Jerry
Francis Bowling, 29, Medford,
was killed in a one-car accident
here shortly before midnight.
Police said Bowling, who was
alone in the car. was traveling
south on South Central Avenue
when the car struck a utility
H)le. He apparently died in
stantly. TONITE ONLY!
hnw huterv. there has
been nothing to compare,
with the giant picture, tt took
M-G-M three years . . . two
lottunes . to make trom Pearl
Buck'i world -lamed novel!
CONNOLLY. TILLY LOSCH
Grioewtn, jeuit wiipn
California
Bus Crash
Kills Seven
TRUCKEE, Calif. (UPD - A
gay gambling tour to Reno end
ed in tragedy for a group of
cauiornians ruesaay wnen meir
chartered Greyhound bus over
turned in a storm near the 1
Nevada line, killing seven per
sons and injuring the other 32 ;
aboard. i
The California Highway Pa
trol said some of the survivors
were so badly injured that the j
death toll may rise.
The loaded bus, which had !
encountered both rain and snow
during Us trip over 7.000-foot ,
Donner Summit, skidded on the
four-lane intercontinental free- I
way, struck a divider strip and
flipped over one and one-half
times, scattering passengers
along 100 feet of highway.
Mrs. Peter It. Roberts,
3M6 South Sixth Street, report- ,
ed to the Herald and News that I
her mother, Anna Sheldon of
Mount Shasta, was a passenger j
on the bus and Is now In the
Tahoe Forest Hospital in
Truckee.
Exact extent of her injuries
has not yet been learned, but
hospital officials told Mrs. Rob
erts that her mother "w a s
among those less seriously In
jured." Some of the victims, nearly
all from Sacramento, were
pinned beneath the wreckage of
the bus Mhen it finally came
to rest. Heavy tow equipment
was called from Truckee, five
miles west, to free those still
alive.
"There were people flying all
over the bus," said Thomas
Sconyers, 60, Sacramento, as he
received medical aid at the
scene of tile accident.
Sconyers said he Mas sitting
in the center of the bus and
the persons killed were sitting
in the same general area, cith
er to the front or back of him.
"It was some kind of miracle
I wasn't killed along with the
others," he said. "I think the
good Lord must have had his
hand on me."
The dead wore identified as
Perris Hegardt, Ontario, Calif.;
Roy Tyler Smith, North Sacra
mento; and John Bart, Edward
Morgan, Gus Tascatof, Sidney
Wade and Walter Kessler. all
of Sacramento. Their ages were
not immediately available.
Five of the victims were
killed outright, and two others
died later at nearby hospitals.
The driver, John Grafnic, 39,
Sacramento, M as unable to ex
plain what caused the bus to
go out of control. He suffered
minor head injuries.
Referral
Promised
PORTLAND I UPD Repre
sentatives of the Oregon AKL
CIO and the Oregon Tobacco
Distributors Association said
Tuesday that tho state cannot
count on any revenue from a
proposed cigarette lax.
State Rep. Morris Crothers,
R-Salem, said Monday that he
will introduce a 5-cent-a pack
age cigarette tax bill when a
special session of the Oregon
Legislature opens Monday.
James T. Marr of Portland,
executive secretary of the state
AFL-CIO. said his organization
"will support the referral of any
sales, cigarette or other regres
sive taxation measure. "
Attorney David Barrows, leg
islative representative for tho
tobacco association, said enact
ment of the bill Mould result in
a referendum which labor would
support.
Mixers To Host
Spaghetti Feed
Merry Mixers will sponsor the
group's annual spaglictti feed at
Pelican School from to 7:30
p.m. Nov. 9 The public is in
vited. Charges aie $1 for adults.
50 cents lor cluldren. Money i:
to be applied on a new furnace
for the Merry Mixer Hall in
Pelican City.
The dinner will be followed
by a dame in the club hall at
as cents per person. Bill May
hew will call Kor further in
formation call Mayhew at TU
4-KKV7.
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GO OM A SAVING SPREE J
MB
I
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rVU -
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Butter
CAKES fei JST J
Festival brand. Rum and il lilflVaW rUifi6ffli'M 'M C U()
brandy. In fancy 2-lb. tin. I Jf xffllnW " ff JHLL f
Chocolate
CHIPS
Cottage
PEANUT
BUTTER
3 OOc
Jar
Northern
FACIAL
TISSUE
300 Ct. Boxes
511
00
11
Sta ley's
WAFFLE
SYRUP
Can
Now! Get your set of Funk
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once ENCYCLOPEDIA A
new volume on tale each
week. Volume No. 1 25c
Volumes 2-2S 99c each.
Get 'em at Molin C&E Market!
All grocery price in Mill
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Wednesdey, iubet t
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fodace price effective
thrtf Sefurdoy.
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Medium Size
doz.
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6-ox. J) III! . --K.,,
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Banana Squash c2r0PPti ,b 4c
Artichokes s;:: 3539c
Fancy Carrots ci Bag, 219c
Cranberries ..t:?;00! 29c
Pork Chops Jk
If 11 Til i: j?jr?"
Center cuts from
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Spare Ribs
Swift Premium Cut
Fresh Fryers
DaiihJ CIahIi Good and Choice
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