The Palmer Rustler (Palmer, Tex.), Vol. 50, No. 29, Ed. 1 Thursday, July 17, 1975 Page: 4 of 4
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THE PALMER RUSTLERPThursday, July 17, 1975 _
Dam and Lake Limestone
Project Contract Due
For Letting July 21
"Tune in America''
Theme for Upcoming
Democratic Telethon
Insurance Industry
Is High Ranker in
Brazos River Authority
opened bids recently on a
contract for construction of the
Sterling C. Robertson Dam and
Lake Limestone project.
Six bids were received
ranging from less than $16
million to $25 million. The ap-
parent low bidder with a bid of
$15,678,567 was Texas Bitulithic
Company. Second low bidder
was H.B. Zachry Company with
a bid of $17,167,778. The con-
struction cost estimate by URS-
Forrest and cotton, Inc., the
Authority’s engineers, was
$18,281,400.
Following review and
analysis of the bids, the
Authority’s Board of Directors
will award a contract at its
regular meeting on July 21.
Colonel Walter Wells, General
Manager of the Authority, said
this contract includes con-
struction of the entire dam and
most of the related facilities.
Later contracts will include
construction of office and
maintenance facilities for the
project and necessary reservoir
clearing and relocations work.
He said construction will
begin first on an access road to
the damsite from FM-937, and
work is expected to start early
in August. He said that, pending
start of work on the dam by the
contractor, the Authority is
initiating construction in the
dam area with its own forces.
Sterling C. Robertson Dam
will be constructed on the main
stem of the Navasota River to
form Lake Limestone with a
storage capacity of about
217,500 acre-feet and a water
surface area of about 14,200
acres.
The dam will be an earth and
concrete structure 12,000 feet
long with a 232-foot spillway
topped with five steel flood
gates 40 feet by 28 feet in size.
The Lake Limestone project
will be owned and operated by
the Brazos River Authority as a
water conservation project to
provide dependable water
supplies for use in the local area
and in areas downstream.
A part of the water made
available by the lake will be
sold, through contract, to Texas
Utilities Generating Company.
This water will be piped by the
generating company to plants to
be built about 10 miles from
Lake Limestone where lignite
deposits for fuel will be used to
generate electric power.
Wells said that, in addition to
the construction work involved,
the Authority is proceeding with
acquisition of the land needed
for the project. He said land for
the dam construction area has
been acquired or is being
acquired now, and work has
started on acquisition of land
needed for the lake. He said it
was expected that it would take
about two years to make all of
the surveys and appraisals
required and negotiate the
purchase of all the land
needed for the project.
With pre-telethon activities in . .. TeX. ImpOrtOnC©
full-swing, Carroll W. Schubert, re8ar(“ng campaign financing, When most Americans think sold, and 21,000 autos would not
Texas telethon coordinator, the ?ast three telethons have 0f Texas, they think of oil, be assembled,
said that Democratic National Provided the backbone for state especially in these days of —800 new businesses would
Telethon IV is expected to be party financing,” said energy shortages, but the in- not be able to open their doors,
more productive - both Schubert. “Proceeds from last surance industry in the state —$1.4 billion in retail sales
financially and politically -- years telethon went toward ranks right along with oil in
than in -ast years for both state state party office operating importance to the economy,
and national parties. expenses, to help with our af- F. Darby Hammond,
Coors May Soon
Replace Age-Old
Bottle Containers
would be jeopardized.
—More than 6,000 new family
4________ _ homes and apartments could
Schubert said because of pre- firmative action program, and president of Southwestern not be started.
—10 or more new schools
telethon events in Texas and in part to Pay for our state Insurance Information Ser-
other states, unofficially more convention. This year’s vice here, pointed out that in- could not be built, nor could the
than $800,000 has been pledged Proceeds will pay for continuing surance was the “oil” which existing 5,344 schools continue enough boUlesi"forOUHmked
nationally with over $30 000 tliese programs,” added first lubricated Texas’ vast to operate.
Schubert.
GOLDEN, Colo. — Adolph
Coors Company may soon
replace the age-old glass beer
bottle with a returnable plastic
bottle that is both lightweight
and shatterproof if a research
and development program now
under way is a success.
Coors officials estimate a
pilot production system can be
built by mid - 1976 supplying
coming from Texas.
Before Telethon IV goes on
industrial machine and which
-The State Treasury would
Democratic telethons of past today keeps it smoothly hum- lose $3.4 million in insurance
Classified Ads
24 ft. conveyor belt. Also
Dodge truck 16’ bed. Needs
repair. 449-3249 Palmer
For complimentary facial or
other MARY KAY products,
send name, address and phone
number to Box No. 331, Aubrey,
Texas 76227 - or call - 449-3320
Palmer, Texas.
GARAGE SALE — 137 Caloway
Street, Green Acres Addition,
Palmer,Texas . Date: July 7-19.
7 New Courses
Are Added at
Bible College
Seven new courses of study
will be offered for the first time
at Dallas Bible College when the
fall semester starts August 21.
These are Readings in Con-
temporary Theology; In-
troduction to Christian
Ministries; World Religions;
Hebrews; Hebrew Poetry;
Creative Writing, and
American History.
President U.A. Doiron said
the offering of the courses is
part of the continued expansion
of the accredited Dallas Bible
College curriculum. The in-
terdenominational school has
been experiencing increased
growth and recognition during
the last one and a half years
that Doiron has been president.
Several coordinated and
cooperative programs with
other institutions have been
initiated and enrollment has
continually been on the up-
swing with a 14 percent increase
last fall, and additional 19
percent increase last spring and
jumped 127 percent during the
summer semester.
Doiron added that the
growing college is faced with
the possibility of having to limit
enrollment for the first time in
its 35-year history. Students
interested in the school are
encouraged to request ap-
plications now for the fall term.
Benavides Is
Promoted to
M-Sergeant
Marine Master Gunnery
Sergeant Richard A. Benavides
Jr., son of Mr. and Mrs. Richard
Benavides Sr. of Route 1, Red
Oak, has been promoted to his
present rank while serving at
the U.S. Marine Corps Air
Station, Iwakuni, Japan.
A 1949 graduate of N.R.
Crozier Technical High School,
Dallas, he joined the Marines in
March, 1950.
BERRA ON A LIMB
ST. PETERSBURG, Fla.
(AP) — Manager Yogi Berra of
the New York Mets says he’s
putting himself “out on a
limb.” He thinks the Mets will
have their best team in history.
Berra says the team power
will have to come from John
Milner, Cleon Jones, Joe Torre
and Rusty Staub.
the air, $1.5 million must be years have proven their ability ming along,
raised in order to pay for air to raise substantial funds. The “Just as the ungreased
first telethon in 1972 grossed $4 bearing soon burns out,” he
million’ 1973 and 1974 grossed said, “so would the Texas
time and production costs.
Approximately 200 ABC af-
filiates will carry the 20 Vfe hour
broadcast on the weekend of
July 26-27. In Texas, 15 stations
will carry the show beginning at
8 p.m. (CDT) Saturday and
ending at 6 p.m. (CDT) Sunday.
The program will originate
•live.from Los Angeles, where
Executive Producer Eric
taxes and fees.
“In addition,” Hammond
said, “there would be countless
personal tragedies.” First,
$4.3 and $5.4 million respec- economy swiftly collapse if the some 192,000 persons are
“oil” of insurance were directly employed in insurance cent increase over 1973, repre-
___'ii.i__i j r______ n m_____ _ _________ _ r _______a. _ •__t_i ____ • _ ____ •...... „
tively.
Last year Texas ranked third withheld from it.
behind California dn New York “You would not be reading
when more than $500,000 was this if it were not for in-
pledged in Texas. surance,” he said. “The forests lose their jobs.
Schubert said the telethon from which the wood pulp came Consider, too, Hammond
concept has demonstrated the to make this paper was insured said, the survivors of deceased
Democratic Party’s com- against fire and other hazards, persons. In that single month
market tests. If these are
successful, Coors will gear up
RECYCLING ALUMINUM
SAVES ENERGY
NEW YORK (AP) — The 2.3
billion all-aluminum cans
Americans returned to recycl-
ing centers in 1974, a 44 per
in Texas - a group of people
almost as large as the
population of Austin - would
sent a sizable savings in ener-
gy, according to Samuel L.
Goldsmith, president of the
Aluminum Assn.
The energy saving results
from the fact that aluminum
can be recycled at 5 per cent of
the energy it took to make it in
Lieber is now in the process of mit™ent to the reform of The loggers and other workmen that Texas was without in- the first place and it can be re-
coordinating Telethon IV’s
production content and guests.
Texas willl again have special
segments during the telecast
featuring Democrats from
throughout the state. These
special 10-minute portions will
originate from the Fairmont
Hotel in Dallas and will be
broadcast to 15 Texas stations
over a special network.
Producer of the Texas por-
tions is Gordon Wynne, Jr. of
Wills Point, an attorney, State
Democratic Executive Com-
mittee member and former
production coordinator of the
Hallmark Hall of Fame. Wynne
has served as producer of the
surance, they would lose $21
million in death payments. The
political fund-raising were covered by workmen’s
procedures; provided a needed compensation insurance to
and valuable unifying element; protect them and their families economic hardships resulting
and motivated and involved in the event of disabling ac- from the loss of breadwinners
thousands of volunteer workers, cidents and loss of wages. All of would be staggering to wives,
“I expect this year’s telethon the equipment and people in- children, and other dependents
volved in the printing of this throughout the state,
paper could not have functioned
to follow this tradition of being
the most effective and positive
activity in our Party’s modern
history,” said Schubert.
Television stations carrying
Suffering along with them
without the protective shield of would be those denied accident-
insurance.”
Hammond said that if in-
cycled over and over again.
The aluminum cans returned
in 1974 represent about 103 mil-
lion pounds of aluminum,
equivalent in weight to alumi-
num used in energy-saving
storm windows for 760,000
homes or solar collector sys-
tems on 140,000 homes.
It also represents $13 million
paid to recyclers for their ef-
forts.
the broadcast in Texas are surance ceased to exist for just
as follow: KTXS - Abilene, KVII one month, here are some of the
- Amarillo, KVUE - Austin,
KBMT - Beaumont, KWAB -
Big Spring, Kill - Corpus
Christi, WFAA - Dallas, KTRK -
Houston, KMCC - Lubbock,
KTRE - Lufkin, KSAT - San
Antonio, KLTV - Tyler, KXIX -
Texas portions for the past v - iyier, jvaia -
three years. r Victoria, KELP - El Paso, and
City Plumbing Company
Ferris. Texas 75125
Mike Bhtchler Bill Lindsey
544-3604 544-3873
Plumbing Repair and Remodeling
Sewer. Lines
Gas and Water Lines Serviced
Septic Tank Sen/ice
Rudd Water Heaters - Electrical Repair & Contract
BUNCH
FUNERAL HOMES
PALMER AND ENNIS, TEXAS
Call 875-2606 or 875-2607
R. R. BUNCH, OWNER
BILL SANDERS, MANAGER
PALMER RUSTLER
Entered at the post office at Ennis, Texas, as second
class mail matter under the Act of Congress of March
3,1879. All communications of business and items of
news should be addressed the company, not to individ-
uals.
Published weekly by the United Publishing Co., Inc.,
which also published the Ennis Daily News and The
Weekly Local. Any erroneous reflections upon the
character, standing, or reputation of any person, form
or corporation, which may appear in the columns of
this paper, will be gladly and duly corrected upon
being brought to the publisher’s attention.
This year’s theme of “Tune-In
America” will provide a mix of
the top names in entertainment
and politics and 1976
presidential aspirants including
U.S. Senatory Lloyd Bentsen of
Texas.
The Democratic Party of
Texas will receive half the
funds raised in Texas in con-
nection with the telethon.
Telethon committeess in each
of the 50 states will organize
100,000 volunteers for door-to-
door and telephone canvassing
and direct mail programs
asking the public to watch and
contribute.
In Texas, more than 1,000
volunteers will man phone
banks in 15 Texas cities to
receive pledges, . Up to the
minute Texas totals will be
broadcast during the special
Texas segments.
Schubert said pre-telethon
activities in Texas were given a
real boost recently when
National Chairman Robert
Strauss and National Treasurer
Edward Bennett Williams
visited Texas. The two
Democratic leaders along with
State Chairman Calvin Guest of
Bryan held news conferences
and attended receptions in
Houston, Austin and Dallas to
officially kick-off telethon
activities in the state.
More than 96,000 pre-telethon
evelopes have been mailed out
in Texas to Democratic County
Chairmen, SDEC members,
DNC members, State Senators
and Representatives,
Democratic Women’s Clubs,
Young Democrats Clubs, and
other groups and organizations.
Local coordinators in more
than 15 Texas cities are busy
setting up phone banks,
organizing telethon-watching
parties, and conducting door-to-
door canvassing.
“With all the new laws
SQUARE CONCERTS
ARE FREE
NEW YORK (AP) — Music
at the Square will be 18 free
concerts this year, outdoors at
Washington Square. The first is
an all-Brahms program of
songs for soprano, contralto, te-
nor and bass.
The concerts are sponsored
by the Department of Music
and Music Education of New
York University’s School of
Education, Health, Nursing and
Arts Professions, during July
and August.
British Philanthropist
The Smithsonian Institution
owes its origin to James
Smithson, a wealthy English
scientist who never visited the
United States. Smithson, who
died in Italy in 1829, willed his
entire fortune to the U.S. “to
found at Washington, under the
name of the Smithsonian
Institution, an establishment
for the increase and diffusion of
knowledge among men.” The
bequest totaled more than half
a million dollars, a great for-
tune in that day.
KMOM - Monahans.
things that would happen in
Texas:
—900 new corporations would
not be formed.
—400 new oil and mineral
drilling starts would not be
made.
—44,000 new passenger cars
and 14,000 trucks would not be
and-health benefits. They would
lose, in just one month, a total of
$23 million. “ ’ ~
Then there would be the provides security for its
misery of workers who had citizens,
suffered disabilities from on- * Texas continues to grow
the-job accidents. They and socially and economically,”
their families would lose $8.25 Hammond added, “the in-
million in workmen’s com- surance industry certainly will
pensation benefits. expand right along with it. The
The insurance industry in future of our state, like its past
Texas lubricates the state’s growth, will require the all-
economy and, most of all, important “oil” of insurance.”
for full scale production.
The Company said
satisfactory plastic materials
haven’t been available that
have all the properties of
inertness, strength and
durability needed for car-
bonated beverage containers.
But Coors believes it now has
the materials and is developing
the technology needed to
produce plastic bottles.
“The main purpose in our
development of returnable
plastic bottles is to answer all of
the deficiencies of present
carbonated beverage container
systems,” said William K.
Coors, president of the regional
brewery.
“The consumer benefits in-
clude convenience, safety and
cost. The environmental
benefits include conservation of *
energy and natural resources,
and reduction of litter and
solid waste through a recycling
program for the bottles,” Coors
added.
Coors noted that returnable
glass bottles, “just don’t serve
the long range interest of the
beverage-consuming public
because of their inherent safety
problems, inconvenience and
unreasonable weight.”
Bob Mornin, president of
Coors Container Company
which will be responsible for
developing a commercial
system to produce the bottles,
said they will be made of
durable, flexible plastic that
won’t affect the taste of
beverages, will withstand in-
ternal pressure created by
carbonation from Coors beer,
and will have many other
consumer and environmental
benefits.
Consolidated Report of Condition of
Form 64 (State)-( 12-74)
Gorxaercial State Bank »>
(Legal title of bank)
of Mogr ? Bills 9 ....................., and Domestic Subsidiaries
(City) (County) (State) (Zip Code)
at the close of business on.........................•■» 19.75..
Stale Bank No...........1613............... Federal Reserve District No.............XX....................
ASSETS
flung_unposted debits) (Schedule D, item 7)
............................................$ 571»5U7»1B - Total (items
(b) Obligations of Federal Financing Bank $-- none-)2(a) & (b))
1. Cash and due from banks (including $
2. (a) U.S. Treasury securities............
.direct lease financing)
3. Obligations of other U.S. Government agencies and corporations...................................
4. Obligations of States and political subdivisions..................................................................
5. Other securities (including $_Q20&-corporate stocks)....,.............
6. Trading account securities.........................................................................
7. Federal funds sold and securities purchased under agreements to resell
8. Other loans (Schedule A, item 8)...................................................................................
9. Bank premises, furniture and fixtures, and other assets representing bank premises.
10. Real estate owned other than bank premises......................................................................
11. Investments in subsidiaries not consolidated
12. Customer’s liability to this bank on acceptances outstanding.......................................
13. Other assets (item 6 of “Other Assets”) (including $ -........
14. TOTAL ASSETS..................................................................................................................................................
LIABILITIES
15. Demand deposits of individuals, partnerships, and corporations (Schedule E, item 3)
16. Time and savings deposits of individuals, partnerships, and corporations (Schedule F, item 5)
17. Deposits of United States Government (Schedule E, item 4 and Schedule F, item 6)
18. Deposits of States and political subdivisions (Schedule E, item 5 and Schedule F, item 7)
19. Deposits of foreign governments and official institutions (Schedule E, item 6 and Schedule F, item 8)
20. Deposits of commercial banks (Schedule E, items 7 and 8 and Schedule F, items 9 and 10)
21. Certified and officers’ checks, etc. (Schedule E, item 9)..................................
22. TOTAL DEPOSITS...............................................
(a) Total demand deposits (Schedule E, item 10)
(b) Total time and savings deposits (Schedule F, item 11)
23. Federal funds purchased and securities sold under agreements to repurchase
24. Other liabilities for borrowed money................................................................................................
25. Mortgage indebtedness......................................................................................................................
26. Acceptances executed by or for account of this bank and outstanding
27. Other liabilities (item 7 of “Other Liabilities” schedule).............................................................
28. TOTAL LIABILITIES....................................................................................................................
29. MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES....................................
RESERVES ON LOANS AND SECURITIES
30. Reserve for bad debt losses on loans (set up pursuant to Internal Revenue Service rulings)
31. Other reserves on loans.....................................................................................................................
32. Reserves on securities........................................................................................................................
33. TOTAL RESERVES ON LOANS AND SECURITIES..........................................................
CAPITAL ACCOUNTS
34. Capital notes and debentures............................................................................................................
35. Equity capital, total (items 36 to 40 below)..................................................................................
36. Preferred stock-total par value......................................................................................................
(No. shares outstanding-HQIMS-)
I 1,231,656.99-
$ l,2&;6g&»3a
$_nano-
37. Common stock-total par value.....v.......
(No. shares authorized-
Surplus.....................................................
Undivided profits.
_) (No. shares outstanding.
-£0G-
-)
38.
39.
40. Reserve for contingencies and other capital reserves
41. TOTAL CAPITAL ACCOUNTS (items 34 and 35 above)
42. TOTAL LIABILITIES, RESERVES, AND CAPITAL ACCOUNTS (items 28, 29, 33, and 41 above)
MEMORANDA
1. Average of total deposits for the 15 calendar days ending with call date........................................................
2. Average of total loans for the 15 calendar days ending with call date............................................................
3. Unearned discount on instalment loans included in total capital accounts
4. Standby letters of credit..............................................................................................................................................
Dollars
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CO
j St.-litr-lj i'p&S i Uuflt .......................................> 0j ifoe above-named bank do solemnly (affirm I that this report of condition
(Name and title of officer authorized to sign report)
(including the information on the reverse side hereof) is true and correct, to the best of my knowledge and belief. ^---sf' ' J
Correct—Attest:
{Signature,pffic
........
Ihorlzed'to sign report)
__^
4'^,-
m.......£>*
-'y'rxrss.
Place for official seal to
be affixed by officer before
whom .acknowledged. No-
tary must not be an officer
or director of the bank.
Stale of.
Texas
........, County of...........
7th,.....................dav °f
Sworn to and subscribed before me this................
and I hereby certify that I am not an officer or director of this bank.
My commission expires.. Jv£Q3. X.p 1977........s/Z
Ellis
July
Directors.
197$ »
Notary Public.
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The Palmer Rustler (Palmer, Tex.), Vol. 50, No. 29, Ed. 1 Thursday, July 17, 1975, newspaper, July 17, 1975; Ennis, Texas. (https://texashistory.unt.edu/ark:/67531/metapth799320/m1/4/?q=songs&rotate=270: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Ennis Public Library.