The Independent-News, Volume 93, Number 8, Walkerton, St. Joseph County, 20 July 1967 — Page 1

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Volume 98, Number 8

Town Board Lists New Electric Bates In Effect TI*C Boam Trustees of the Town of Walkerton convened in regular session Tuesday Evening, July 18th, with full attendance of the Board responding to call. Minutes of previous meeting were approved. Outstanding claims were presented and following review and consideration were authorized payable from respective funds. Board was informed that Public Service Commission of Indiana had given official approval to the new proposed electric rates for the customers of the Walkerton Electric Department. The new reduced rates will be effective with the present July readings that will be payable during Ist to 10th of August. The Residential Rate for town and rural service will be 5c per Kw Hr for Ist 30 Kw Hrs; 4c per Kw Hr. for next 30 Kw Hrs; 2.5 c per Kw nr tor next 240 Kw Hrs; 1.5 c per Kw Hr. for all over 300 Kw His. A General Electric Service Rate for customers having el etrie heat; air conditioning and water heating combined a rate as follows is offered: - 3c lor Ist 30 Kw Hrs; 4c per Kw Hr. for next 30 Kw Hrs; 2.5 c per Kw Hr. for next 240 Kw Hrs; 1,5 c p. ( Kw Hr. for next 700 Kw Hrs; 1.2 c per Kw Hr. lor all over 1,000 Kw Hrs. The Commercial rate for commercial and small industrial users will be 4.5 c per Kw Hr. toi Ist 40 Kw Hrs; 3c per Kw Hr. for next 1,460 Kw Hrs; 2.25 c pei Kw Hr. for next 8,500 Kw Hrs; 2c per Kw Hr. for next 15.000 Kw Hrs; 1.75 c per Kw Hr. toi 1.5 c per Kw Hr. for all ovei 40,000 Kw Hrs. A Demand and Energy Power Rate for commercial and industria customers with transformer capacity of in excess of 25 KVA is available, if so desin d and appliable as follows: Demand Charge: $50.00 for Ist 25 Kw or less of Billing Demand; $1.50 per Kw for all ovei 25 Kw of billing demand; plus energy payment at 3c per Kw Hr toi Ist 3,000 Kw Hrs; 2c per Kw foi next 7,000 Kw Hrs; 1.5 c per Kw Hr for next 10,000 Kw Hrs; 1.2 c per Kw Hr for next 80,000 Kw Hrs; lc per Kw Hr for all ovei 100,000 Kw Hrs. Rate for Off - Peak Water Heating remains at 2c tor Ist 50 Kw Hrs. and lc for all over 50 Kw Hrs. Dust to Dawn Outdoor Lighting service will also remain at $3.50 per calander month. All billings are payable during Ist 10 days of each month at the above net rates. All payments received at the office alter 10th, or if mailed and carrying a post mark after 10th, will be subjected to an additional charge of 10% of the first $3.00 of the bill, plus 3% of the amount of the bill in excess of $3.00. The new rates were adopted and approved following extensive work and study by L’mbaugh and McQueen, CPA firm of Plymouth, during the past several months. Prelimiminary study and work was conducted by the Board on the 1968 Tax Budget with decision to call a special meeting for next Tuesday, July 25th for further preparation and drafting prior to official publication that must be published for Ist time by August 10th. Also at the called meeting bids for collection of garbage and rubbage for the one year period, commencing August Ist will be opened and considered. Balance of meeting was spent in general discussions.

Wyatt Bank Plans Big 50th Anniversary Celebration i IwjsiWf I >

Speaks Vows In North Liberty Church IhsHhF k, 'Ww ■T ri' Wi 19 EEI I ■> si

Whitmer — Boswell Miss Susan Whitmer and Terry Boswell were married at 2 p.m. Saturday in the Church of the Brethren, North Liberty, with Rev. A. P. Wenger officiating. Parents of the couple are Mr. and Mrs. Inman Whitmer, North Liberty, and Mr. and Mrs. Farrell Boswell, Walkerton. The bride chose a floor Ingth Empire dress of white satin with an A-line skirt featuring a chapel train. The gown was styled with bell sleeves and bands of Alencon lace and sleeves. A forward floral plateau highlighted by pearls and crystals held her veil, and she carried white orchids. A sister of the bride, Miss Bonnie Whitmer, North Liberty, was the maid of honor. Bridesmaids were Miss Linda Ramsbey. North Liberty, and Miss Jodi Jones, New Paris. Miss Linda

WALKERTON. INDu.^A Jt LY 20, 1967

Boswell, Walkerton, sister of the bridegroom, was the flower girl. The maid of honor wore a peach satin Empire gown with a w’hite lace bodice. A reverse effect was seen in the bridesmaids' dresses which had peach lace bodices against white satin. Matching floral plateaus held the attendants’ short veils. Acting as best man was Kent Naragon, North Liberty. Ushers were Mark Ross and Steve Peterson. both of Walkerton. Jerry Boswell, Walkerton, brother of the bridegroom. was the ring bearer. A recpetion was held in the church hall. The newlyweds will make their home at 1147 Rural St.. Aurora, 111. The bride is a graduate of North Liberty High School and the bridgroom of John Glenn High School, Walkerton. Find It In The Cto /ail

The Farmers State Bank of Wyatt Indiana, and their Walkerton Branch, are planning a celebration of 50 years in business for next Wednesday. The affair will be hell at the Wyatt bank to begin at 3:00 pan. This is one of the area's oldest finam lal institutions an I the celebrati' n of their fiftieth anniversary comes just two weeks after the celebration of an Open House at their new Walkerton Branch buiLhn;, marking continuing progress and improvement to serve the people of the area. One of the main features of the anniversary celebration will he that of a western-stile barbecue. This will be < pen for everyone to come and help in the. celebration. A 1000-lb. steer will be barbecued over an oven pit. There will also be favors for all who attend. Organized July 25, 1917. the bank has been open for business every banking day since except for a short interruption during the bank holiday in 1933 when the government ordered all banks in the country closed to halt unprecedented withdrawals of deposits. Even the depression of the 1930'5, though with many commercial banks failing or undergoing reorganization and d< positors losing much of their savings had comparatively little effect on the Wyatt institution. Four days afer President Franklin D. Roosevelt called the bank holiday, the Farmers State reopened with a Class A (unrestricted) authorization and went back to doing business as usual. Louis W. Gerber, who was named cashier when the bank was formed and has been board chairman several years, noted that "no depositor of the Farmers State Bank of Wyatt was allowed to suffer for what of funds.” On its organization, the Farmers State had capital stock of SIO,OOO and a surplus of SI,OOO. In the 50 years, four 100 per cent stock dividends have been distributed to shareholders, and assets have grown to more than sl4 million. Its current statement shows capital of $200,000 surplus of $300,000, undivided profits of $350,000 and a reserve account of $50,000, making up capital stork of $90,000. It became a state bank in 1925 and in May, 1932, opened the Walkerton branch the first banch to be set up by any bank in St. Joseph County. ‘‘We fully realize that the progress of the Earners State Bank in these 50 years has been made possible only through the patronage of the people in the surrounding communities." observed Gerber. "The desire of the officers, dirctors and employees is that they may continue to serve their

T*n Cents Per Copy

Parcel Post Service Restored 6 Days A Week Postmaster Shirley today announced that Parcel Post deliveries in Walkerton will be expanded from 5 to 6 days a week as of July 19. This is in line with a recent directive from Postmaster General Lawrence F. O'Brien following the signing of the Post Office Department Appropriation Bill by President Johnson. The Legislation contains an $8.5 million item for restoration of the six-day a week delivery which had been cut back in May 1964 as an economy measure. Nearly 5.000 cities are affected. Customers living on foot routes serviced by foot carrier have received large parcels from a five-day a week parcel route covered by truck. Carriers on foot only deliver small packages. N OTIC E Dr. John J. Byler, 408 N. Main Street, North Liberty, Indiana will be on vacation and out of the office from August 10 through August 19. The office will be open daily from 10-12 and 1-5 except on Thursdays and Saturdays. **- . 2ta3 customers and to provide them with every banking need to warrant their continued support. It has been a constant policx of the bank to value its customers as its most important asset.” Also in the 50 years, the bank has increased the number ■ n its staff from two to 25. including six employed in Walkerton, and has undertaken several expansion and remodeling programs both at the mam office in Wyatt and in Walkerton. The latest buil ling project in Wyatt was in 1958, when floor space was increased more than 100 per cent and both the exterior and interior of the building were modernized. The Farmers State has experienced a burglary and two robberies. none with serious consequences, in its 50 years. In 1918. burglars made a midnii ht attempt on the bank in Wyatt but obtained only $8.92 for their efforts. In August. 1932, five robbers, armed with machineguns, drove into Walkerton, hell up the branch and fled with $1,492. The loss was covered with insurance. In October, 194 1. a lone bandit walked into the Wyatt bank at closing time and, with gun in hand, ordered the staff into the money vault. The robber scooped up $3,200 in currency and coin but was captured several days later through the efforts of the State Police and the Federal Bureau of Investigatien. Following the Palm Sunday tornado April 11. 1965, the Wyatt bank served as the headquarters for the National Guard, Red Cross, Salvation Army and the St. Joseph County Sheriff's Department in the cleanup and relief oprations. Next oldest in point of service to Gerber, who has been with the bank tor all its 50 years, is John H. Mottice, president He joined the Farmers State in 1920 as Gerber's assistant. Wayne R. Burch has been with the Walkerton branch since 1934 and is its manger. He is a vice-president of the bank. Other officers are Mrs Deloris Alderfer, vice-president; DeVere D. Goheen, vice-president; Harold W Huhnke, cashier, and t Mrs. Margery Baumgardner, assistant cashier Board members are Gerber, Mottice. Burch, Goheen, Huhnke and Mrs Alderfer.