Decatur Daily Democrat, Volume 60, Number 251, Decatur, Adams County, 24 October 1962 — Page 2

PAGE TWO

Only Bank Is Broke, Townsmen Shocked

GRESHAM, Neb. (UPD -Bewilderment and shock today gripped this small town, whose only bank apparently was broken.

O k • W; X kA 4- . I . ■“ Wp 400 ■ ♦*. fl I I jJNrN® al ARB S j* * w® fl • i a?RSB yB ■ fl- - s®£® < ' tifeltAWwi ■■* f^R^fl' flMf IBM ■-3 gi flfl flWr ? •■"'* We fl rTM Sk'-' '■■ &■ ■ ~ flu I W fl r*>t- >,< * > V' -•*■*•** ” Jf ’I j .'.>L. ’ ..' \< '<’ •■ * ?■ •• > •^A-'v.-X •••'.... . ? '..“L FAIR FARRIER—To earn money to study veterinary medicine in college, Miss Kietera Baker, 16, a Pittsburg, Kan., high school sophomore, shoes horses professionally. The 101-pound lass first learned by shoeing her own horse, and soon she was in business for herself. Here, she shoes a mare belonging to Karen Gilliland of Pittsburg,

«a £’£lfe ■■iilfli - ZZflB HABEGutn - SvHArENS UUTVdeR Mb ■ OlflE WHITE SALE of NORGE qur first ANNUAL SALE DON’T MISS THESE OUTSTANDING VALUES... SAVE NOW! nrrnmrn.TAne VMID AIIMPE DAMnEC Z- NORGE AUTOMATIC WASHER REFRIGERATORS YOUR CHOICE RANGES j—,,» jq TROUBLE FREE ITS TOP FREEZER GAS.... or ELECTRIC..., .- Backed By A 24ear Service Policy BIG 13 Cu. Ft NORGE 30pr36INCH SIMPLE HORGE WASHER [★ ZHO-DfGKE HtKZTI HOLOS 111 LIS. TWZfH FOOD GAS ★ DEEP HANDI DOR STORAGE fl • 2 WASH CYCLE • 3 WASH TEMP. fl Built In sX ** ■ ;★ 2 FOKELAIH CIISPEtS FOIFIUITSIVEGETAILES py R > j WASH SPEED • 3 RINSE SETTINGS .-. r—Lu WEST B x Fu,l ' Wid,h AGITATOR I*- nnifiE B”':. Fluorescent Light rnluE B specially purchased ever SBb No Spill Top SPECIALLY PRICED - ;: JUny,r~Z[ B'S® — Simmer Burners x sjT' SAL * B fl B Bjfl fl H B laEeS n’JOoo \ lllllllillSSH °” IYo • ■ * Hk i *'” l B Control. ' | i yBSSsSgII k Matching °" E price SIOOOO I===, , ” , Cl»lci 100 ' FEATURES NORGE BOTTOM MOUNT • sw.yv.nt specialy FREEZER 13Cn.Fi. wcrmc |||||FtWflP| • 3 H.at setting. purchased \l_— • Automotk L -4r • Gian t 2 |’> Blower VERY SPECIALLY PRICED j— SPECIAL . High Sp«d vClaB» •--- •■'k k—- ' : -flw ~ PRICE _ |l only o _. e Infinite Meat U *® 120 MiHUte Floor d Timer tT« Ok AA A Demonstrator Y . Giant Lint Screen $1 D,,,w " k'- , —• Sxchi.iveHalr n«rW V H »S&?2ra£s \1 FEATURES . b,g oven I Jiff j NOW ONLY • lb. Freezer_ • 4 leveling \ j ®°« Mod «i simso Opi. emm ■ flF AC Ovt Shelves Feet - . m ■' - "1 flh fl fl fl Bl fl — • e» . mm™?-- -w—r ?■-■ ■■■Mwr?-*. —wbuu?R * Denotes Priced with Working Trade. ' ‘ -1 _J ■ — ei* B Zo Y == ~~z HABEGGER - SCHAFERS I ’ FREE PARKING FOR CUSTOMERS - SCHAFER'S LOT, NORTH FIRST ST.ll -mm— ■ 1 wn—— —«enußtemlw-m»—

I People, wondering how it happened; made quick audits of their pocket money while examinI ers pouyed over the books of the

uninsured Gresham State Bank... If preliminary estimates of losses were accurate, State Banking Director Ralph Misko said, "all the bank’s capital, surplus, individual profit and fidelity bond monies would be wiped out.** Townsfolk also prepared for the funeral Thursday for Arthur Walford, 73, a devout church leader and bank officbr tot a quartercentury. Takes Own Life Walford,' who was cashier, toc'k his own life with a shotgun Monday in the back room of the bank, as a state examiner arrived at the front dopr of the institution for a routine check of the books. Gladys Lindstrom, editor of the Gresham Gazette, described the shattering effect the losses may have on the hamlet. “Eighty per cent of the people in town had their life savings in the bank, and a good 40 per ceqt of these are elderly persons,’’ Mrs. Lindstrom said. ‘‘All the business places in town had money in the bank. There’s no cash on hand. Stores will be hard pressed to pay their employes.” ‘‘None of us believe it, but I guess it’s true,” she added. Pastor Disbelieving The Rev. Laare Eschiman, pastor of the Presbyterian church where Walford taught Sunday School, sang in the choir and kept accounts, was disbelieving. "No one can imagine Art would do anything wrong,” he said. “I can picture the strain upon a man, causing him to take his own life, but I can’t imagine Art taking money from the bank.” Walford lived in an unpretentious home, drove an older car and generally lived modestly. Ban'k president David Yung, 95, said he always had considered Walford a man of fine character who was kind to others throughout his life. Fingernail Brush A very good and efficient fingernail brush can be made from an old toothbrush. The bristles are stiffened by cutting them down to about Winch long. If your sip-

THB DECATUR DAILY DEMOCRAT, DECATUR, HTOIARA

JI WMKJi Rev. Leonard G. Hubartt Special evangelistic services are being held at the Church of the Nazarene, Seventh and Marshall streets, beginning at 7:30 p. m. today, apd .continuing eaeh evening through November 4. The evangelist is the Rev. Leonard G. Hubartt, of Huntington. Rev. Hubartt is a graduate of Olivet Nazarene College and has been actively engaged in church work since 1950. He served as pastor in Muncie and Waterloo, He has been active in revivals, youth services, and home mission work. He has been instrumental in establishing two new churches. The church and its pastor, Rev. W. R.- Watson, extend a welcome to gll who wish to attend these services. The music will be directed by Glenn Habegger, and special music will be provided by friends from neighboring churches, as well as members of the congregation. Each and every service will be filled with good things: spiritual songs, choruses, special music, a dynamic gospel message, and, best of all, the presence of God. gernails are particularly grimy, dig them into a bar of soap several times before starting to scrub them.

College Students ’ In Demonstrations

By United Press International students on several Ameriofa college campuses have demonstrated against th© nation's Cuban policy. But some of the groups encountered opposition from collegians who approve the quarantine. Some university of Wisconsin students Tuesday passed out handbills which called President Kennedy's action against Cuba a "bellicose, unialterip act." The Wisconsin students said they were from two organizations —the Socialist Club and the Students for Peace and Disarmament. , Students from Michigan’s Wayne State said, "Rands Off Cuba” and “Thera Are Alternatives to War." They said they were members of the Student Peace Union, Cominittee for a Sane Nuclear Policy and the Women’s International League for Peace and Freedort. But their picketing attracted other students, also from Wayne State, who carried signs that said, "JFK We’re w}th You” and "To Hell with Fidel." Some members of this group said they were members of the Young Democratic Club and others said they were Young Republicans. About 75 students from Antioch College, Yellow Springs, Ohio, picketed the Ohio statehouse Tuesday night protesting the quarantine. They said they were from the Student Peace Union. Members of the Student Peace Union at the University of Minnesota Said they would stage a protest rally against the quarantine. But a campus Republican group said they would picket the rally. At Wesleyan University, Middletown, Conn., an Association for Disarmament, which includes faculty members and townsfolk, planned a “vigil for peace” be-

ginning Friday. ’ About 1,000 students and residents at Tallahassee, Fla., joined in a demonstration Tuesday night at the maiti gate of Florida State University. They chanted “To Hell with Fidel.” If you have something to sell ar trade ■— use the Democrat Want ads — they get BIG results.

WBOBz . • BERMUDA Mor«hfad City fl AWy < * ha,,t ’ ,on C'Qtla.ntic (9ceavt> M | ami AFB w ‘ . 0; w 9 .s . . PUERTO L’’ BP’ s5 ICG •» \ ° St, ’■ Naval Base nAlll Roads **’•* CARIBBEAN ACTIVITY—Newsmap spots developments in switt-Pa ced t cr^® s „ n ®*®:J a Marine amphibious exercise was cancelled at JiffC) a control was cancelled; (B) air defenses were bolstered at Mac Dill AFB, Fla.,.and (C) a control tower was hastily put into operation at International Airport in Key •**• v *

Halloween Party At Wren On Saturday Halloween festivities, sponsors by the Lions club of that town, will be held at Wren, O„ Saturday evening, starting at 7:30 o’clock. The Crestview school band will entertain with a concert preceding the 7:30 parade. Three prizes will be given in each of 15 divisions for the best costumed paraders. Hie first prize will be $2, the second prize will be », and the third prize will be 50 cents. In addition, there will

WEDNESDAY, OCTOBER

be • prize for every masked person. The IS costume divisions are: best hobo under 12 years of age, best hobo 12 years and over, best clown under 12 years, best clown 12 years and ever, best ghost under II yearn, best ghost 12 years and over, best animal under 12 years, best animal 12 years and over, best witch unde? 12 years, best witch 12 years and over, best bride and groom, best family group, fattest person, npost unique costume under 11 yean, most unique costume over 12 years. 4 |f A street record hop will be held following the parade, and free doughnuts and cider will be served.