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PAGE 1 - PLAIN0FA1.KR-WK HELP FOR SENIOR C ITIZENS Illinois senior citizens can get fast, personal attention and help with such problems as finding a new place to live, rising utility bills, learning how DNESDAY. JANUARY 19. 1977 to obtain senior citizen benefits and others through AGING, Box Write AGING, Box 60, Springfield. II. 62705 Be sure to include the address and phone number of the person in need of assistance- ® 1 TWR MCHENRY PLAINDEALER established 1875 3812 West Elm Street Phone 385-0170 McHenry. Illinois 60050 Published Every Wednesday 8. Friday at McHenry Illinois Second Class Postage Paid at McHenrv. Illinois By McHENRV PUBLISHING COMPANY Subscribers are requested to provide immediate,not ice of change of address •o The McHenry Plaindealer 3812 W Elm St . McHenry. IL. 60050 A deduction o* one month from we expiration of a subscription will be made where a change of address is provided through the Post Office Department Lar'y E Lund Publisher Adele Froehlich Editor NATIONAL NEWSPAPER mocuTcw r*--IW fret frm k itr Hnna sustaining MEMBEK-197S SUBSCRIPTION RATES 1 Year $10.50 l Year $15.00 In McHenry and Lake " Outside McHenry aod County Lake County HERE AND THERE IN BUSINESS Annual Meeting Stockholders Honor Bank Executive On Retirement The highlight of the seventy- first annual stockholders' meeting of the McHenry State bank was the presentation of the plaque from the stockholders to Robert L. Weber. Mr Weber retired Dec. 31 from active duty at the bank He started his banking career in August of 1922 at the Fox River Valley State bank This bank was located on Green st reeky the present location of the McHenry Personal Loan Company. Mr Weber was honored by the McHenry State bank stockholders for his more than fifty years of service to the present bank Dr William A. Nve presided over the stockholders' meeting that elected the following directors: Esther M. Carey, William A Nye. M D , Robert L Weber. Thomas F. Bolger. Elmer P Adams. John L. Cowlin. William J. Cowlin, Lenora E Frisby. Ormel J. Prust and Francis M. Schmitt. Thomas F Bolger. president of the bank, reported a 17 percent increase in deposits over the previous year. Total resources of the local bank at vear's end were in excess of $93,000,000 and ev&n though there have been mergers of some of the county's savings and loan associations, the McHenry State bank still ranks as McHenry county's largest financial institution. Bolger also stated that the bank had had a very profitable year and that even though bond rates were down, mortgage and consumer loan rates were still near 1975 levels. The bank president called on Vice-Presidents Richard A Lane and Ronald J. Vacula for reports on the installment loan department and the savings department respectively. Lane reported installment loans had increased more than 20 percent in the last year and that delinquencies had decreased He reported that the automobile industry which was depressed a couple of years ago. is now very healthy and the demand for automobile loans is very strong Vacula told of a more than $8,000,000 increase in savings deposits. He pointed out that the savings passbook is still the most popular account. He said that the bank paid out over three and one-half million in savings interest during the year and that this amounted to $6 68 per minute every - minute of the year Executive Vice-President O.J Prust reviewed the year in detail to the stockholders. He pointed out that all areas of the bank had enjoyed satisfactory growth and that the bank had enjoyed another profitable year as a result of the increase in­ come and the ability to control expenses Prust said that real estate home mortgages are the largest producer of income and that at the end of the year, almost $40,000,000 was invested in real estate mortgages The executive vice-president said the bank is staffed by nineteen full time officers and fifty- seven full time employees. He also mentioned that the bank fakes advantage of part time employees to insure adequate service at all times, Vice President and Cashier Edwin J Becker reviewed the bank's investment account He pointed out that the bank has approximately $30,000,000 invested in U.S. government and municipal securities. He Sale Beer Not Iced • • • • • We Reserve The Right To Limit Quantities On Sale Items No Sales To Minors WINES AND LIQUORS JAN. 19 to JAN. 25 4610 W. RTE. 120, McHENRY, ILLINOIS IMPORTED CANADIAN LORD CALVERT SCHENLEY VODKA $6" IMPORTED • 86 PROOF PASSPORT SCOTCH QUART REG. OR DIET DR. PEPPER V2 GALLON CHRISTIAN BROTHERS BRANDY QUART SCHENLEY GIN $6" ORANGE- GRAPE- STRAWBERRY % GALLON DuBOMCHETf PEPPERMINT SCHNAPPS $499 STOCK VERMOUTH CRUSH SWEET - DRY BIANCO 8-16 OZ. BOTTLES STOCK From The Largest Wine Selection In Lake And McHenry Counties IMPUTED GERMAN DEMMER LIEBFRAUMILCH FIFTH HAMM'S REG OR SCHLITZ 6-12 OZ. CANS $1 39 PREMIUM CALIFORNIA GUILD CABERNET SAUVIGNON S1 99 FIFTH PABST 12-12 OZ. AOiuginW; IMPORTED ITALIAN ZONIN VALPOLICELLA OR BARD01IN0 $1 99 FIFTH BLATZ 24-12 OZ. LOOSE CANS $449 VISIT OUR CHEESE SHOP FRANZIA VIN ROSE $ 1 99 % GALLON BLACK LABEL 2412 OZ. BOTTLES told the stockholders that it was necessary to provide the proper . mix of investments to insure adequate liquidity. The cashier told the stockholders that he is assisted with the iqvestment portfolio by a very active committee consisting of bank directors and officers. Vice-President and Trust Officer Robert B. Schneider told of the growth of the trust department. Schneider and Vice-President and Trust Of­ ficer Lenora E Frisby have combined to make their department the outstanding trust department in the area if the growth of the department is a criteria. Following the stockholders' meeting, the board of directors organized the bank for the coming year. Dr. William A. >• Nye was elected to his seventh term as chairman of the board. Esther Carey was named vice- chairman of the board and Robert L. Weber was appointed secretary The directors then elected and appointed the following officers for the coming year: Thomas F. Bolger. president; Ormel J Prust, executive vice president; Lenora E. Frisby. vice-president and trust of­ ficer; Robert B. Schneider, vice-president and trust of­ ficer; Edwin J Becker, Jr., vice-president and cashier; James E. Larkin, vice- president; Ronald J. Vacula, vice-president; Richard A. Lane, vice-president; Robert E Powers, assistant vice- president; Donald H. Meyer, assistant vice-president; John E Murphy, assistant vice- president; Lillian Cairns, assistant cashier; Donald H. Wattles, assistant cashier; Albert G. Vales, assistant cashier; Fred Kupstis, assistant cashier; Peter J Keller, auditor; Carol Scholle, assistant auditor; Yvonne Ryden. credit officer and Phillip R Oeffling, assistant loan officer. Install New Officers Of Contractors Officers of the Plumbing and H e a t i n g C o n t r a c t o r s association of Lake and McHenry counties, reelected at the Dec. 9 meeting of the organization, will be formally installed at the annual in­ stallation dinner Saturday,' Jan. 22, at the Holiday Inn, Mundelein. Being installed for their second terms are president, Marshall C. Strenger, of H.T. Strenger, Inc., Lake Forest; vice-presidents Vernon Jensen, of Jensen's Plumbing & Heating. Woodstock, and James L McDonough, of McDonough's Plumbing and Heating, Waukegan; treasurer William Dixon, of Ravinia Plumbing and Heating, NEW BUSINESS - A new McHenry business is Bob's Auto Body, located at 1701 West Route 120, just a few miles east of McHenry on Route 120. Bob's Auto Body is owned by Bob O'Neill, manager for Overton Cadillac-Pontiac Co. in McHenry. The business is managed by Al Schmarje, a resident of Twin Lakes, Wi., who has had over twenty-seven years in body refinishing experience. Although Bob's Auto Body is new in this area, the employees have almost 100 years of total body experience between them. An addition is anticipated next summer. Ron Klapperich, president of the McHenry Area Jaycees, inducts Warren Hamilton, Bill Goodwin and John Linamen into the local chapter. - • Jaycees Observe 1915 Founding In St. Louis, Mo, This week celebrates the founding of the Jaycees in 1915. Highland Park, and Joseph J <Jim> Steiner. of Brewer's Plumbing-Heating-Appliances, of Libertyville. / Serving as installation officer will be Waukegan Mayor Robert Sabonjian, who has gained a wide reputation as a raconteur during his twenty years as head of the city In addition to his formal swearing-in duties Mayor Sabonjian is expected to en­ tertain the association mem- bers and their guests with short and tall tales of his association with contractors during his long tenure in office The evening's program will get under way at 6:30 p.m. with the social hour followed by dinner and then the formal ceremony. when Henry Giessenbier saw a need for a young men's civic group, and organized the first chapter in St Louis. The move­ ment spread so fast that in 1920, the U. S. Junior Chamber of Commerce was formed with twenty-four cities represented The McHenry Area Jaycees were formed in 1969. The name of the national organization was changed from the U.S. Junior Chamber of Commerce to the U.S. Jaycees in 1965 at the national convention of the young men's civic group Built on the SQjid formation of creating opportunities for the leadership training through c o m m u n i t y b e t t ' e r m e n t projects, the Jaycees today, over 300,000 strong, are active in 6,400 communities in the United States. " The organizations headquarters is located in Tulsa. Ok. Ayone who wishes to become a McHenry Area Jaycee should write to McHenry Area Jaycees, P.O. Box 163. McHenry. or call 344-1187 after 6 p.m. „ [HARDWARE STORts) Vycital's Pro Hardware 1228 N. Green St. McHenry, 111. COUPONS GOOD THROUGH JANUARY 31, 1977 Light Bulbs REG. 4/2.20 SAVE 1.20 on 4 B[°)©eB<aO off the Kfl©GDODo 4610 W. Rte. 120 Ph. 815 385-3200 60 and 100 watt bulbs. • 1 I I U I 1 ' 4.89 Westclox Alarm SAVE 1.70 COUPON 3.29 Taylor Thermometer SAVE 1.41 E n a m e l e d 8 " t h e r m o m e t e r f o r o u t d o o r u s e . C o m e s w i t h a l u m i n u m b r a c k e t s . D e p e n d a b l e w i n d u p a l a r m c l o c k . 188 w i t h c o u p o n with coupo COUPON COUPON 1.49 Fleecy Gloves SAVE 60< Humidifier Cleaner SAVE 70C -£11.99 R e m o v e s l i m e b u i l d u p f r o m h u m i d i f i e r s . Q u a r t s i z e b o 1 1 1 H i g h q u a l i t y g l o v e s W a r m a n d c o m f o r t a b l e w i t h c o u ^ o p w i t h o u p o n COUPON AI COUPON LATHER MAN HOT SHAVE 5.00 Storm or Closer Makes hot lather in one minute Compact, con­ venient, cordless oper­ ation. Unit fits most shave cream cans. SAVE 2.I2 C l o s e s d o o r s a u t o m a t i f a l l y t o h e l p s a v e o n f u e l b i l l s . t h c o u p o n w i t h c o u p o n $