Illinois News Index

McHenry Plaindealer (McHenry, IL), 28 Aug 1974, p. 6

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PAGE 6 - PLAINDEALER-WEDNESDAY. AUGUST 28. 1974 McCullom Lake Geny Milbratz 385-8543 Barking Dogs Disturb Peace In Village The McCuJlom Lake Police Department has up to date received many complaints about barking dogs They would like to give a warning that ordinance No. 37, will go into effect immediately. Ordinance 37 reads as follows: Article 1. Disturbing the peace. It shall be unlawful to harbor or keep any animal which disturbs the peace by loud noise, anytime of the day or night. Article 2. Penalty. Any person, firm, or corporation violating the provisions of this ordinance shall, upon conviction, therefor, be fined not less than $1, nor more than $100 for each offense; and a separate offense shall be deemed committed on each day during which a violation occurs or continues. VANDALISM Street and directional signs in the village are still being damaged and torn down. The police department warns that anyone caught tampering with these signs will be prosecuted to the fullest extent of the law. There'll be no breaks given, no matter who it is. TICKETS FOR JULY, 1974 Randall Updegraf f, McHenry, speeding 30 mph in a 20 mph zone. Jacqueline Clark, McCullom Lake, speeding 30 mph in a 20 mph zone. Terry Pierce, McHenry, speeding 55 mph in a 40 mph zone. Village Violations Bill Cunningham, Ord 86. Lamps required on bicycles after dark. Bill Lorch, Ord. 86. Lamps required on bicycles after dark. BOAto MEETING DATE CHANGED The September village board meeting will be held a week early. It will be on the first Tuesday of the month, Sept 3, at 8 p.m.. instead of Sept, 10. CAMPING VACATION During their recent vacation, Rich and Barb Reiter, with their son John, took a trip out west, and also to Arkansas. The first *stop was near Mt. Rushmore. where they camped out in a tent for 2 days. While there, they went horseback riding, also for a helicopter ride, which was very enjoyable, providing an excellent view of the scenery. From Mt. Rushmore, the Reiters went on to Yellowstone Park, for a week's stay in the cabin they rented. They did a lot of hiking and sightseeing around the area, where bears and moose were a pretty common sight. During the evenings, forest rangers would show slides, and give campers information about the park. One hot day, the Reiters drove up to the top of Mt. Washburne, where they walked around in the snow Rich and Barb had been to Yellowstone before, and liked it so much, they feit it worthwhile to go back, and enjoyed this trip as much as the last. Before starting home, the Reiters headed south to Lincoln, Ark., and there visited for a few days, with Bill and Petey Schmidt, and son. Bill, former McCullom Lake residents The Schmidts, who are very happy living in Arkansas, say hi to all their former neighbors here. The Reiters arrived home the first week in August, after covering about 5,000 miles by car, during their two week vacation CYSTIC FIBROSIS DRIVE Starting Thursday. Aug. 29, and continuing through the weekend, volunteer workers will go from door to door, in their annual collection for cystic fibrosis. They will all carry identification McCullom Lake chairman for Cystic Fibrosis, Mrs Lorraine Frost, has again appointed Gloria Milbratz to head the committee of volunteers, who each year have done better than the last, in collections. The Cystic Fibrosis Research Foundation helps in diagnosis, care, research, and education, in all types of children's lung- damaging diseases It is hoped residents will donate to this worthy cause, and exceed last year's high total of $115 in contributions, collected from the village LADIES OF THE LAKE Many varieties of plants were auctioned off at the Aug. 8 meeting of ihe Ladies of the Lake, and everyone went home well satisfied with their purchases. A regular meeting is scheduled for next month, Sept. 12, which will include the selection of a nominating committee. to nominate officers for next year. BALL GAME OUTING Even though the Chicago Cubs lost, 8-7, to the Los Angeles Dodgers, those who attended the game, Aug. 19, were treated to an exceptionally exciting afternoon. Lots of runs, and a tie score lasting into the 12th inning, made for a iate return home, for the kids and their chaperones. About thirty-five kids went on the special bus to Chicago, including some girls from the girl's teams. They all had refreshments on the 'bus, plus goodies and souvenirs they purchased at the park. Some boys were able to obtain autographs from Cub players. The lucky chaperones who got to accompany the kids were Art Jung, Mary Gomez, Jim Keating, Joan Bitterman and Jerry Lubin. All enjoyed it, though, even Joan Bitterman, who had never been to a major league ball game before ADVFNTURELAND TRIP While one group of village youth was at the ball game, another large group went to Adventureland. No wonder it was so quiet here that day. Even the ice cream man, possibly forewarned, wasn't around. Those who went to Adventureland included some Suchors, Kaspers, Pennys, Scarbroughs and Gleesons. Also, members of the Straumann, Jackson, Barber, Michel, Cable and Rourke families. They left the village around 9:30 a.m., traveling in four cars. On arrival at Adventureland, the kids separated into groups, each going their own way. It was a hot day, and the park was pretty crowded, but everyone had fun, and went on a lot of rides About 3:30 p.m., they all started for home, to once more bring life and noise back to the village. BIRTHDAYS Hope (iloria Penny has a happy birthday today, Aug. 28. Aug. 30, birthday greetings go to George Luto, Bob Muise and Dave Scarbrough Happy birthday to Cathie Erdmann, Aug. 31. Adeline Carter, Sept. 1, arid ( 'had Carter, Sept. 3. ANNIVERSARIES? No anniversaries again. Actually, there are very few on my list for the whole year. Could it be that not too many people are married around here9 REMINDER The village hall is open for use by kids every Monday night from 6:30p.m. till 9or 9:30 p.m. CARNIVAL FOR MUSCULAR DYSTROPHY Be sure to attend the carnival for Muscular Dystrophy to be held at the beach, Saturday, Aug. 31. from 12 noon, until 6 p.m. Libby and John Damiano, are running the carnival with help from lots of other kids in the village. They plan to have something for everyone's enjoyment, including games, music, food and prizes. All proceeds to go to the Muscular Dystrophy Foundation. Besides having fun, those who attend will be helping these kids to help others. Wonder Lake Mary Jean Huff 728-0267 Urge Exploration In "Big Town" Back Yard Garden Club Holds Annual Flower Show The Wonder Lake Garden Club annual picnic and in-club flower show was held at Mrs. Betty Alderson's home. If you think our members are good gardeners, you should have tasted their "dishes to pass" - superb! The next meeting will be Thursday, Sept. 12, at 8 p.m. at the home of Mrs. Vi Kopp. Mr. Prottsman from the nursery will speak on "Selecting Trees and Bushes". There will be a spring bulb exchange. I'll be there, how about you9 Submitted by Betty Alderson, publicity chairman. ANNUALDANCE Saturday, Aug. 31, marks the date of a yearly event some Wonder Lakers look forward to and just wouldn't miss. It 's the annual firemen's dance, which will be held this year at the McHenry American Legion, beginning at 9 p.m. Y'all come and have fun. ANNIVERSARIES Happy fifteenth wedding anniversary to Jerry and Evelyn Raske on Aug. 29. Happy first wedding anniversary to Tom and Cathy Majercik on Sept. 1. EASTERN VACATION Mrs. Anna Morici of Indian Ridge and her friend, Miss Josephine Jatczak of McCullom Lake, have just returned from a ten day vacation. Their tour took them through the New* England States including stops at Niagara Falls and New York. BIRTHDAYS Happy birthday on Aug. 29 ... to Don Huff and Midge Cristy, daughter of Jay and Marianne The Floating Rate' Note REPORTER AUGUST 14, 1974 PROSPECTL 'S $650^00<000 CITICORP Rite Notes Due 1989 ^ Floating , c-mi-Annually a t , y^0\der d. Repay4 '3 i t (he Op«°" °^„ I ( I., [ ^ !«'< «' " ,k* M" I- »<k T<" -- V EE M M mmmm OfflNSI P*EU>tlN lospi "A TED >200,000,C Lhase Manhatt r» Poration i r>r DRILL 1* " r ,*^rd4 "AR* R,, ch.„ Mjn pn""P*i F.4,1] iizl "'"wSSr- -- A " - ' * , V A i , ' n f \ NET to 1 ^'ndrrwnfir -J , PKHIMINAMY FKOSPBCTVS IMAEDJOL, JO, 197 4 $150,000,00° *,»ndardj>» Company FLOATIHC KATI. SOTH* "< F T9HI* ^ |ifp.,.b/<- "-".l I"n -- lly * 4U*U.. I. THTIR PRII" 'Y- -- OPTION <>T <»<• ,M* L'TVT-- F H.IKL 4pp4l<-«<M>A TTO ** RR\»0 The Facts... and the Risks... on those Floating Rate Notes The financial press is filled these days with news items about "floating rate" notes--some by big bank holding companies, others by big business firms. Here's what YOU should knovv about floating rate" notes--the facts and the risks--and why you should THINK before you invest your savings in these notes. Historically, corporations raise funds by borrowing from banks or by selling stocks or bonds. But inflation and soaring interest rates have "dried up some of these traditional sources and made others very expensive. Consequently, by selling "floating rate notes" to savings depositors, some corporations now seek to cultivate a new source of funds. In effect they are making an end run" around the system of insured savings deposits in banks and savings and loan associations that has been the backbone of the American financial structure since the 1930s. Banks and savings associations are "intermediaries" taking savings from the public and lending it to ultimate users. Since the Depression, to protect the public, banks and savings associations were placed under strict supervision and federal agencies were formed to insure the public s savings against loss. To avoid destructive competition for savings, ceilings have been im­ posed on savings deposits. But through these "floating rate notes" corporations are now drawing new money into the uninsured world of "commercial paper'.' These notes, most of which have yields tied to Treasury bill rates, are significantly different than savings deposits because: • They are NOT insured by a federal agency, as are deposits in savings associations and banks. • Instead, they are the UNSECURED OBLIGATIONS of the corporations and institutions issuing them • You DO NOT KNOW what interest rates these obligations will earn for you after the first year Treasury bill rates swing widely, and in some recent years were below insured savings rates. • You DO NOT KNOW what you could get for these obligations if you had to sell them in the open market before maturity • These notes ARE NOT UNIFORM on such key provisions as redemption privileges, how rates are figured and whether the issuer can call them from you You must read the "tine print" carefully to know what you are buying. In the case of notes issued by commercial bank holding companies there are these additional important facts: • Bank holdingtcompanies ARE NOT SUBJECT to the regulations and supervision which banks are • Money raised through the sale of these notes fS NOT USED FOR BANKING PURPOSES It is used for A WIDE RANGE OF GENERAL BUSI­ NESS ENTERPRISES in which firms owned by the holding companies engage REMEMBER --no saver has ever lost a penny covered by Federal Deposit Insurance in a bank or savings association. But funds invested in notes issued by private corporations, whether they be bank holding com­ panies or other types of business, CAN be lost if these corporations are unable to meet their obligations. I »»* -- _ N ,T APFHOI'F I> PHI IT L°°* »>" ".. . OFF* RED BY TH < J I TKF AOU McHENRY S A V I N G S £ L O A N A S S O C I A T I O N • )DR< I . 'HM . / , / H.NT . . . • ' /FJT/TUF.' P. 0. BOX 566 1209 N. GREEN STREET McHENRY, ILLINOIS 60050 Phone. 385-3000 Cristy and Mark Scheib, son of Ken and Joan Seheib. Midge and Mark will both be 13 years old. On Aug. 30 . . happy twelfth birthday to John Black, son of John and Sandy Black ... and happy eleventh birthday to Joey Sullivan, son of Joe and Pat Sullivan. On Sept. 3 ... happy fourteenth birthday to Jerry Raske, son of Jerry and Evelyn Raske. Have a good day and a good year, all of you! M D CARNIVAL A carnival for Muscular Dystrophy in Oakwood Shores resulted in a contribution of $7.98 for this worthy cause. Ringmasters were Shannon Heaver, Tracy Black and Julie Huff, along with the help of several friends and brothers. COMMUNITY CALENDAR Sponsored by Woman's Club of Wonder Lake, Ann Sowers, Chairman, 653-9549 AUGUST 31 Firemen's Dance, American Legion, McHenry. 9 p.m. SEPTEMBER I Yacht Club Clam Bake, Gay and Strohm Homes, 6:30 p.m. SEPTEMBER 5 Woman's Club Board Meeting SEPTEMBER 12 Wonder Lake Garden Club Meeting, 8 p.m. Home of Mrs. Vi Kopp SEPTEMBER 17 F i r e m e n ' s A u x i l i a r y Meeting, 8 p.m. east side firehouse SEPTEMBER 19 Woman's Club Meeting SEPTEMBER 26 Wonder Woods Woman's Auxiliary Meeting, 8 p.m. east side firehouse Army Comptroller Will Speak For Rotary Meeting Lieut. General John A. Kjellstrom will address the Richmond Rotary club Sept. 3. G e n e r a l K j e l l s t r o m , comptroller of the Army, and a native of Hebron, will discuss financial trends within the Department of Defense and the Department of the Army as they relate to total federal expenditures, and discuss the Army's success in moving toward the volunteer Army. General Kjellstrom, the newly appointed comptroller of the Army, is a professional comptroller. He has almost twenty years of comptroller e x p e r i e n c e i n c l u d i n g assignments in the budget, finance and accounting, and management functions. For the past six years he has been assigned in the Office of the Comptroller of the Army as assistant comptroller for I n f o r m a t i o n S y s t e m s , executive officer, assistant director of Army Budget and director of Army Budget. General and Mrs. Kjellstrom (the former Dorothy Ellis) have two children; a daughter Kay, who is a senior in college, and a son, Richard, serving as a first lieutenant in the U.S. Arm v. DISPLAYS PAINTINGS Martin Frederick of 4908 W Shore drive, McHenry, displayed his paintings at an Art show Aug 11-17. Frederick is seeking a Master of Arts degree from Northern Illinois university, department of art Frederick, who displayed his paintings of acrylic on canvas, stated, "The significance of my work is based on its ability to stimulate the visual senses and hopefully, in the long run, to create a greater interest that will exercise the intellect." (by Father Wm» O. Hanner, retired Episcopal vicar) Years ago when I was rector of Rock Island, 111., on the Mississippi, I was amazed at the number of people who never came to Chicago. It seemed a shame to miss all our BIG TOWN has to offer. Now I change my tune. I went to Chicago in the heat on Monday, the 19th, after an absence from the city of six months. The bishop has an advisory committee of clergy who have an oversight of the choosing of young men for Holy Orders. I have been on the committee for fifteen years and I went to one of its meetings. I took an hour's vacation while I was in town and went to the top of the John Hancock building. It rises over 1,000 feet above Michigan avenue on the Gold Coast at a point just south of the Drake hotel. I like to go to the top of tall buildings--the Chrysler tower and Radio center, in New York; the Washington Monument in our Capitol, the Eiffel Tower in Paris. In Chicago there are many buildings far and away taller than the twenty-seven stories of the old Masonic Temple of my boyhood at State and Randolph. For a few brief years the John Hancock building was the tallest we had. Now Sears Tower holds the record as the tallest building in the world, around 1,300 feet. It is right here in Chicago and you should go see it. The day was clear and from the 94th story of the Hancock I could plainly see Evanston. There were the Bahai Temple, the observatory at N o r t h w e s t e r n u n i v e r s i t y standing out just before the misty landscape took over. Below the Oak street beach was people by ants, and toy cars moved slowly along the twelve traffic lanes running north toward Lincoln Park. They reminded me of the little lead painted toy cars small folks liked in the '20's and bought at my father's store for 15 cents - a great sum for a lad to have in those days. On the far side of Lincoln Park, Broadway felt its wiggly way north. Great tall buildings rose beneath me, forming the inner core of the city, but their roof tops with pools and bathers were only a fourth or fifth our height. Looking west, the Northwestern railroad wound its way, dwarfed by the Kennedy expressway, which was out hunting for O'Hare field off in the mist. There was Douglass Park and Washington Park and Garfield Park with its conservatory named for our twentieth President, martyred after six months in office by a man who should never have been sold a gun. You could see the University of Illinois Chicago Circle campus and the bunched up buildings of one of the world's greatest medical centers. There was the Cook County hospital and Presbyterian-St. Luke's and the Eisenhower Expressway heading in a Westward Ho direction. When you looked south, Sears Tower monopolized the view, but there were the Chicago Board of Trade, the new Federal building named for Everett Dirksen; there were Grant Park, the Prudential building, the Art Institute, the Shedd aquarium, Soldier field, the Stanley Fiel<2 Museum of Natural History and McCormick Place. Only the old Illinois Central station was missing It had been pulled down and the sight lay there like the socket of pulled molar. The eastern side presented you with Lake Michigan on a clear summer day. Far up north two fleets of sail boats from the harbors of Wilmette and Winnetka recalled the days before steam-this is little what it might have been like to see the fleet of Admiral Lord tielson making toward the French and Spanish fleet under Villeneuve at Trafalgar. The year was 1805. All along the shore were evidences of the summer s e a s o n -- B e l m o n t h a r b o r , Dower boats, water skiers moving slowly from this hejght. There were the cribs which pump Chicago's water, the Municipal pier, a wonder of years ago, reputed to have cost $4,000,000. Below you was the Chicago Yacht club and the Buckingham Fountain and the shore fading out into the pollution of Gary and northern Indiana where the dunes are always in danger and now lie hidden under steel's smoggy pollution. Take the children in. Show them our great midwestern city from the observation towers of one of its tall, tall buildings. John Hancock is good, for, though not the tallest, it has fewer people and thus you get close to the windows to see a sight given to few to behold. Cindy Freund Featured In "Who's Who" Cindy Freund, a senior at Grant high school, will be featured in the eighth annual edition of Who's Who Among American High School Students. Miss Freund, who is the daughter of Mr. and Mrs. Eugene P. Freund of McHenry, is a member of the symphonic and marching band, GAA and the Commercial club. She won an award in the Wisconsin typing competition. The young senior will enter nursing school upon graduation from high school. Her grandfather, Herb Freund, lives in McHenry and her grandmother, Marie Effers, is of San Diego, Calif. County Invests *79,378 In E-H Bonds One Month McHenry county residents purchased a total of $179,368 in Series E and H United States Savings Bonds in July, according to Donald J. Still, Woodstock, county chairman of the Savings Bonds committee. Purchases in the state of Illinois were $32,905,899, according to William B. Johnson, state ̂ chairman of the Illinois Savings Bonds Volunteer committee or 5.7 percent below sales in July of last year. Illinois sales accounted for 6.1 percent of national sales of $541,000,000 and in the first seven months 56.7 percent of the state's annual quota of $417,400,000 has been reached. MCHS Graduates Are Enrolled At North Central Two McHenry residents have been accepted for admission to North Central college and will enroll as freshmen this fall. They are Dawn E. Ewald, daughter of Mr. and Mrs. William H. Ewald, 3200 West Vista Terrace, and Anne E. Seaton, daughter of Mr. and Mrs. Donald E. Seaton, 3804 West Grove avenue. Both girls are 1974 graduates of McHenry West high school. The college is anticipating a 10 percent increase over last year in new student enrollment. Hunter Country Club Richmond, 111. Rte. 173 R.J. Buchert, owner Telephone: 815-678-2631 LABOR DAY DINNER DANCE Sunday, Sept. 1 Complete New York Strip Steak Dinner $1$.50 per person, including tax and gratuity ENTERTAINMENT FROM 6 PM. TO i AM. Enjoy dining and dancing to Jeff Smith and Co. on the Hammond X-66Organ. AND BOB FREUND'S 10 PIECE BANC* RESERVATION? ONLY. Tickets available.

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