Newspaper Archive of
The Malakoff News
Malakoff, Texas
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January 29, 1971     The Malakoff News
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January 29, 1971
 

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Year he 00alakoff The Heartbeat of  'm TcrriAny of Malakoff, Henderson County, Texas 75148 Friday, January 29, 1971 Number 4 No Interest In Politics wn Here Mum is the word on local pol- and few were the voter ; as of Tuesday No candidates had filed any of the three offices to on the Malakoff Cocm- which included two Alder- and the Mayor post. City Secretary, J. E. Bie that he did not know the of the three persons will expire in "Actually its a little ear- '," he stated. Candidates have opportunity to file anytime January first thru March third. Mrs. Bien memioned that reg- were down from 855 last year to 352 as of Tues- Dog Found- Race Now Habit With DoE And Man Barneal wright has dosed in on the suspect--a honey brown, short haired dog with a long, low body, white spot under his neck and a pink nose, but has made no further attempts to subdue him. The foxy little animal which has taken R on the lamb a dif- ferent direction each time he has lured Wright out for a foot race, has somehow gained Wright's admiration although both Wright and his small daughter have been bflten by the animal. The chase started when the animal bR the Wright baby in the mouth, and wit- nesses stated that he dog was not wearing vaccination tags. Because the dog looked healthy and well fed the family was more concerned with only locat- ing the animal and keeping him !Ara'esidents are reminded pat vital bond - tee elections, etc. w'll be ided by those who register Dividend at Meeting .ore noon Saturday, January' ITCI T errs Merger Terms First State Declares Lone Star To Invest Mmion In 71 D -- Lone Star Gas Company and its wholly owned subsidiaries today plans o invest nearly $46 mil- lion in construction projects in 1971, according to W. C. McC_,ocd presidenL Major emphasis will be given dunng the year to off and gas exploration and to increasg the company's gas reserve and gas delivery capabilities, Mc- Cord saki. Expenditures are aL- so plarmed to improve and ex- tend gas distrdution services and to broaden the scope of energy service offered through the company. The chemtcal fertilizer and plastic pipe subsidiary of Lone Star Gas Company, Nipak, Inc., will spend aproximately $1.3 for improving plant pro- durum and marketing tacihties and for expanding its product- ion of polyethylene gas distri- bution pipe and fittings. Other Nipak products include av.hy- drous ammonia, armnvnium, i- trogen solutions, ammeraum phosphate and feed and fertil- izer grade urea. First State Bank stock hold- ers voted to declare a 10 per cent dividend and to increase capitol stock and certified sur- plus to $77,000 by payment of a stock dividend from ur.diveded profits, at the annual share holders meeting. First State's top active exe- cutive, Glover McClin'.ock said the bank had maintained its one fourth million armual grow:h average since its open- ing in July of 1963. He reported that th_ bank passed the 2 mU- lion mark in 1970 and hoped 71 would put the 3 million mark in view. The bank has climbed from $175,000 to $2,039,000 as re- flected by the recent statement of condition. Bruce Wiggs of Tyler was added to First States official slate and named Vice Chair- man of the Board of Directors. replacing Alexander Wheatley who was elevated to Sr. Vice n of the Board. Harris Fender is the Chairman of the Board. Wiggs will serve the board in an advisory capacity, working closely with Fender. There were no other changes in the board of directors or the officials at the bank. Mcclintock told the News that First State had made efforts to supply furl banking r'vicm tuned to the demands of the area, and that First State would continue to keep abreast the Western Henderson County pro- gress. He expressed his appre- cistion to area residents "who make our strides of progress possible." Dallas _ Texas Clay Indus- In., of Malakoff, Texas, Dallas based Monnfield Inc. have agreed in to merge, subject to by directors and share of both companies. Tex- Clay will be the surviving terms of the agree- Texas Clay wiU exchange share of its common for all outstanding com- shares of Monnfield. the agreement is approved, Proposed that officers of merged company will be: E. Upfield, chairman the board; S. Mark Lovell, Dan Royall, Jr., vresident and secretary; Gatlin Jr., treasurer and Clay Division, Frederick Burley, vice and president-Monm operates primarily ordance industry. In mid- acquired the military lware business of Crescent Dallas Division of Precision Products, a of Tyler Corporation. unded in 1946, Texas Clay in Malakoff, near Dallas. It manu- and markets a full line face clay brick and are sold through the midwest, south, and and other selective A wholly owned sub- recently acquired the assets of Te4nco, Inc.,. of T, a manu- of heating equipment. under watch for 9 or I0 days in order to confirm that the an- imal was not rabied, then harm- ing the dog. Wright did not see the dog at the time the baby was bitten. Terry Furgerson Sorrells, the Wright's baby sitter, called Wright the following day after the baby has been bitten stat- ing that she had seen the dog and that she thought it was un- de" the house at that time. Wright, on the assumption that the dog was under the house, closed all exits except one. At the final exit, he concocted a soph'sticated trap, to be cop,- trolled by a string which would block the dog from under the huose when he dog decided to come out. Around that exit, be cortructed a fence to contain the animal. Trap complete, Wright stood nearby, ready to pull the strng. He had placed an object or animal in the pen as a lure. Two hours late" the dog which had stayed in the dark except for the IRtle pink nose which had appeared frem ed them to confuse Wright pulled the string. The dog was frightened and shaking. "Nice doggie, nice doggie, come to Barneal," he was saying. Oou- vinced he'd made friends he slowly reached to pick up the dog. Doggie sna@s, but misses Wright at the same time jump- ing the pen. Barneal makes an- other grab, but tbe dog hit the grourd and this time doggie takes a bite of Wright's arm, free him self and the foot race was on. Dog has 4 feet, two more than Wright, and he us- ing them to confuse Wright about where he lived. A few days later, as the family worried about possible rabies shots for the baby's safety, the dog ,shows .himself to Wright again, and the foot race was on again. Wright saw the dog almost daily. The town's people helped to search for the dog by giving tips of pets they knew matching the description. Mrs. Wright got a tip, in- vestigated and fotmd the cul- prit. Identity confirmed, the Wrights were advised that the family owning the pet was out of town. A neighbor had been trying to feed the dog, and the sassy pooch not only would not eat, but snapped st the hands trying to feed it. The dogs owners had been gone for a couple of weeks. No one knew hw to locate them. Wright al- ternately watched the dog from his own home grounds and in his neighborhood. Tuesday he mentioned he had his gun with him, but s,emed more concern- ed that the family of the dog was still away than about the possibility that the dog had rabies. "Dr. Norman said 9 days was a safe time to keep watch on him -- and ten days are up now and the dog still looks fine," Wright said. But chasing the dog has become a habit with Wright who does not live in the same neighborhood with it. The little pink nose dog ob- viously enjoys the game with Wright or he wouldn't lure him into a foot race, almost daffy. . 'rbat man who just ran past your house is Baraeal Wright. The dog is up front. Citizens Hits $4 Million Mark Mrs. Hazel Wylie was ele- vated to the position of assis- tant C, asbier by the board of directors following the annual stock holders meeting of Citi zens State Bank, January 13, marking the only change in the previous  of officers. Stock holders made no changes in the board of directors. Bank president Eddie Garri- son made the ant adding his pleasure at the con- sistent growth pattern at Citi- zens in 1970 which reached tim $4 million mark four time dur- ing Docemb. The bank's ststemeut of con- dition at the close of business January 6, this year, reflected total assets at $4,007,178A2 The fure compares with $3.214.816.07 at the close of '69 to the 1970 close out of ;3,431,910.99. "Overatl we we pleased to hold our growth pattern while overcoming the General Motors strike influem over our local situation as well as an earlier community related industrial strike," Garrison stated. Asked about stated prime in- terest drops by major banks, Seniors For Honors school sem(x's 0 ,, .a_,.kaw arzd Louisiana will be com- Saturday on the East State University Campm on the 16th All-Sen- Band. for placement in to  in con- Saturday in the Studont Cent 2OO students will pertL- t the two bands. The tothe public Mala- School are Jo Jack. saxophone, and "Parver, baritone mxo- Garrison commented that the much talked about 'low cost' money had been a source of some confusion locally, adding that few in the immediate area were in the $100,000.00 and above borrowing bracket served by the major ba firms. Garrison said he couldn't see any immediate major change downward for those who are postponing building plans in hope of cheaper interest rates. He predicted not more than a half a percent drop- if any change at all in the near future. New Pharmacy To Open Mon Paper hangers, ceiling con, traot='s, tephoae personnel, .finishers and others hurried about, finishing details at the Hardy Discotmt Pherma- cy on Highway 31 here this week in preparation for a Mon- day opening of that firm. The 2,000 square foot building faces East in the proposed xns couter project of F1n- is Hardy, on the South of High- way 31. Wikner Hutcheson H-- Hardy is the owner operator of Maiakofrs new firm which will hold Its grand open- 1st In Tournament .sd, a],aterdate. Hardy, a hx Man Sez: wall 77-66. Tonight the A and B boys will clash with Kaufman, here in anot] district game. The game starts at six o'clock. Let's all go out tonight aod support the Tigers. .... v ............... Taxpayers who earn salary and wages have a problem that they must solve before filing their income tax return for 1970. Each employer is required to furnish all of his employees a Fotm W-2 by February 1. Most employers make a vigor- ous effert to comply with the lav. However, many employers oan't find the ex-employee. If you bavet ted e "llard Work Manufacturi Company' where to find you and you .have moved three times since you quit or fired you last May, you need to notify the good Hard Werk folks where to send yon" W-2. It won't do any good to file your tax return without all of your W-2's. IRS won't pro- cess it so ll you eando is make sure you get all yetw W-2's. Register To Vote Before Noon Tomorrow Wilmer Hutchins received the honor of first place in the B team tournament last weekend which was sponsored by the Malakoff Quarterback Club. The final game was played between Malakoff and Wilmer Hutchins and Malakoff was out scored 51-41. Malakoff played some fine throughout the tourna- ment. Their first game was with Eustace and the outcome was in favor of Malakoff, so was their second game with Kemp. Butch Graves was selected ali4ournameat for Mslakoff. Last Friday the A team Tigers were host to the Rockwall Yel- Iowjackots  them 77-50. High pointers for the Tigers were Jessie Green and Bennie ,t0amon, both -'ering le. The B testa outscored Rock- graduate t also ow and operates such a facility in Huntsville. Finis, father of Howard, who has been watching over con- struction smll as he com- mented ea their good fortune during the paving of the spa- cious parking area Monday and NJC Offering Advanced Art Hidden interests will come Tuesday of  week. The sun was Wight, the weather clear as a heg. Teleplm workers had com- pleted one direct line from the office of one area doctor to the new facility and were in the process of installing a direct line to the office of a Malakoff doctor. Both the m'ea doctors have previously disl'sed med- gion  their privately owned pharmacy supply. "Howard plans to be open for tmsinms Monday," is father told the News adding thst the owner would be around furl in the coming nonths but late" would spend more time at the Huntsville Store. Knowledge that Texas Governor Preston Smith ant} other powerful top state officials took quick pro- fits in whirlwind games with questionable borrowed money to do with the institutions now charged with stock fraud by the United States Securities and Ex- change Commission has been a tremendous blow to the rank and file Texans' confidence in their state leaders. Removing the wraps from the vast stock mani. pulation scheme which include Sharpestown State Bank of Houston and National Bankers Life Insurance Company of Dallas both controlled by Houston de- veloper Frank W. Sharp, have revealed participation by Governor Preston Smith, House Speaker, Gas Mut- scher, Jr., Rep. W. S. Wheatley, House Floor Speaker Tommy Shannon, State Democratic Chairman E. C. Baum, former Texas Attorney General Waggoner Carr, John Osorio (former top assistant to former governor Allen Shivers) and others. Even Lt. Governor Ben Barnes is indirectly in- volved, according to reports, as he obtained a $60,000 loan from the Dallas Bank and Trust Company which is linked with the SEC suit. Barnes loan was termed a problem loan, meaning not adequately secured. According to allegations in the SEC suit unlimited funds were made available from the Sharpestown Bank to the top state officials to purchase stock in the Na- tional Bankers Life Insurance Company without secur- lty other than the NBL stock. At the same time Sharp, not by conincidence was seeking passage of a banking bill by the legislature which would have been beneficial to both his state banking and insurance interests. The bill passed in the special called legislature without the anticipated opposition from the conservative house. True enough, Governor Smith later vetoed the bill, hut not until he and all those other top brass men had sold their stock in NBL at enormous profits. The stock was sold within about two weeks after the I:ill had passed, but before the Governor's veto of the bill The Governor made $62,500. on the borrowed money invest- ed in NBL stock. All involved have pointed out that there was no- thing illegal about the transactions, although the en- tire loan and purchase of stock on behalf of Governor Smith was handled by his right-hand man Elmer Baum and we are wondering who signed Smith's note. Are we to believe that Governor Smith as head of i multibillion dollar state did not realize that the loan was irregular and no financial statement was sub- mitted, and that at best it was a problem loan. Baum admits he knew the people who told him of the stock investment, and means of purchase, were the same people who were pushing the banking bill. We are wondering many other things. 1. Is it true that these state leaders sold their stock at several dollars per share higher than prices quoted to the general public, as reported in the Dallas News and if that in itself wasn't significant to state business leaders. 2. Now that the sale of NBL stock has been halt- ed by Judge Hughes, the Sharpestown Bank closed by directors, a Jusuit Order is holding that questionable NBL stock creating suffering and inconvenience for them and other many Texans who hold stock, have any of the leaders offered to give the money baek? Remember they had nothing invested. The most of the work involved in making the quick cash was seemingly done by the Sharpestown bank. 3. Was there really an effort made to remove the name of Governor Smith from the Sharpestown re. cords, and if so why -- if there is not suppose to be anything illegal or wrong about the matter? Many other questions could be projected, but space does not permit. Assuming the persons mention ed have not committed any acts that are illegal, cer- tainly such favored treatment which makes their in- See Wrong, page 2 alive on the Navarro College campus this spring as the Art-be. " .... " :':" " " Department is holding a 14 week  course fer ginrdng and advenced student of art. A commandty service paint- ing class, tlm course will stress en and fun with no credit given for the class. Em- phasis will be given to indivi- dual instction so that each student can do her own thing. Registration for e course is set for Friday, Jmmary 29 at 7 p.m. in the Office of the Tedmical Arts Center, with the first class meeting scheduled for Friday, February 5. All meetings  be held on Fri- day nights from 70:30 p.m. A $28.OO fee will be charged for the course, payable at the time of registration. Imtruct for the couese is Samuel C. (Chuck) McCarter, a well known  to the rheee was a time when I thought Jap Lucas maded from lds soap box a little too hard -- bnt someth has p- pevad to Jap -- or me one -- because more often than not anymore we seem to be pound- ing on the same subject at the same time. We've never con- ferred in advance, and I'm al- ways as sLaed m beck when ha's howling about what I'm hant'ln and peck'in about. Dr. N. D. Geddie, Jr., -- wbo me,m to be pining a ltt- fie on my totem pole as the years fly by --  that Jap is gonna shut up Satur- day -- just plain quit his daily broadcast. Dr. Geddie .thought we should eKurage Jap to maybe gar- gie, get a drink of water " something but go on. Well -- I'm with Jap! AH this new un- em'thed ugly down at Austin is enough to make even Jap toss his tonsils. I've got the urge to tla-ow in my own venom pen but with Jap its just a daily dinner time hobby and with me its bread .and buter. Jap -- I never thought Fou pullout in the heat of  when so many things need a good mulling over, but Pll jofn you when I start eo sodai- security or join up with the easy money groups. If I just get to Austin and find whets big in ocks -- and where the "in" borrowing place That's alright Jap -- crew- thing  lve- just .'