The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

y PAGE H - PI.AINDEALER * FRIDAY. JANUARY 20. 1078 HERE AND THERE IN BUSINESS ' *• ' ' . o V 72nd State Bank Meeting Reveals Large '77 Growth J The seventy-second annual meeting of the McHenry State hank stockholders was called to order by Chairman William A. Nye, M.D. at the bank Jan. 11. It found more than 90 percent of the outstanding stock represented. President Thomas F Bolger told the stockholders thar the bank had enjoyed an 18 percent increase in total footings during the year, closing at more than one hundred ten million dollars. He gave credit to the bank staff as he told those assembled that it was a combined effort of the officers and employees that was responsible for much of the growth. The bank president expressed a concern about the limitations on the present building. He warned that because of overcrowding it was sometimes difficult to provide the type of service that has become the trademark of the McHenry JState bank. He promised the problem would i alleviated during the year wit the* expansion of the drive- facilities. Bolger pointed out that mosT" forecasters were predicting a strong economy for the year ahead He predicted that deposits would increase and that the bank would continue to enjoy a strong demand for good loans Executive Vice-President Ormel J. Prust and Vice- President and Cashier Edwin J. Becker, Jr., reported, in detail, on the year's business. Prust pointed out that last year's growth was one of the largest in the history of the bank. He reported total income was up over 17 percent while operating expenses increased about 14 percent. The largest single item of expense is interest, , which costs the bank more than four million dollars during the year. As a sidelight, Prust explained that this costs $7.44 •per minute every minute of the year. He also said that the bank's total payroll had now reached one million dollars. Becker said that interest on loans accounted for almost 70 percent of the bank's income. Security income totalled slightly over 20 percent. The cashier also pointed out that the interest paid was 62 percent of the total expense and that the salary and employee benefits was 20 percent of the total. Becker also heads the bank's Investment committee and he outlined the bank policy to the stockholders. It was pointed out the necessity to keep a good liquid position and the i I i JUST OPENED! I!" PANTS importance of a proper mix in the investment portfolio. He also explained the tax advantage in investing in municipal securities. * Vice-President and Trust Officer Lenora E. Frisby spoke of the development of the Trust department. Miss Frisby stated that the local bank has the outstanding Trust department in the area. She called on her fellow Trust officer, Robert B. Schneider, who told of the growth of the department during the year. Schneider stated that more and more people wer^ making use of Trust services and that he was proud of the fact that so many customers were relying on the Trust department to handle investments. The stockholders elected the blowing 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. The board of directors met immediately following the stockholders meeting for the purpose of organizing the bank for the coming year. The directors selected Dr. William A. Nye as chairman of the board and named Esther M. Carey, vice-chairman of the board and Robert L. Weber, secretary to the board. The board of directors PLACE The best name brand fashion jeans, shirts and tops. In mens, juniors and misses sizes. 2913 W. RTE. 120 (Vi MILE EAST OF THE BRIDGE) McHENRY PHONE 385-6788 ST©« DA,LY *10 TO 5:30 P M- HOURS: FR1.. 10 TO 9:00 P.M. A-l HEARING AID REPAIR SERVICE Free Loaners-Complete Service on all Makes Custom Earmolds-30 Day Trial on New Aids. HOME SERVICE FPU SHUT-INS I TRY BEFORE YOU BUY! Maico-Oticon-Radio Ear Qualitone Audiotone Telex-Sono Tone Custom Made All in the Ear Models SERVICE CENTER WEDS 1:00 TO 4:00 OTHER HOURS BY APPT. R0BT. STENSLAND « ASSOCIATES 3937 W. MAIN ST. McHENRY, ILL 385*7661 Also MT. PROSPECT 109 S. MAIN 392-4750 % • * . f • • . I: «< * e, • m * • » 9. V . J s BENXFRANKLIN 1250 N. Green St. 385-0806 PRICES GOOD THRU SUNDAY OPEN FRIDAY til 8:30 P.M. SAT. 9:00 til 5:30 SUN. 10:00 til 2:00 P.M. FABULOUS FABRICS VISIT OUR EXPANDED FADRIC DEPT 1 Novelty| Double Knits Poly Cotton Blond 4S-/54" width MACHINE Washable Part act for |*ans Rag. '1.99 yd. 58"/60" width 100% Polyester Machin* Washabla Rag. *1.79 yd. Stretch Terry 58"/60" Width Hog. '2.99 yd. $949 YD. K* Cist 50% Poly 50% Cotton Solid Colors Rog. *2.59 Fabric Clearance Values YOUR CHOICE OUR 50 YD. CLUB EARN FREE FABRICS UP TODAY! I Aftor Purchasing 50 yards of fabrics you may soloct *10.00 worth of fabrics. Your Choice at No Chargo. Take advantage of this Sale to got star- approved a transfer of $900,000 from Undivided Profits to Surplus which will increase the bank's legal lending limit to $825,000.00 • After approving committee appointments for the coming year the board appointed the following officers: Thomas F. Bolger, president; Ormel J. Prust, / executive vice- president; Lenora E. Frisby, vice-president and trust officer; Robert B. Schneider, vice-president and trust officer; 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; Fred Kupstis, assistant cashier; Peter J. Keller, auditor; Carol Scholle, assistant auditor; Yvonne I. Ryden, credit officer and Philip R. Oeffling, assistant loan officer. Ribbon Cutting Ceremony For New Carestoel Ceremonies to mark the opening of Carestoel, rehabilitation and skilled nursing care center at McHenry, were held Monday morning. The Rev. Gerald L. Robertson, pastor of the Missionary Alliance church, McHenry, gave the invocation. McHenry Mayor Joe Stanek was joined by Woodstock Mayor Frances Kuhn and County Board Member Don Doherty of McHenry in the ribbon-cutting ceremony. Perspective Teenage. * Turnabout R\ RONAIJ) RK\<;\V » In a nation that prizes youth as much as our does, you'd thiqk the trend-spotters would haveAheir antennae constantly tuned for\the slightest signs of changing attitudes among young people. But, what amounts to a basic shift in the outlook of young Americans seems to have gone nearly unnoticed by the pundits. First, bapk in November, 1976, as voters left the polling booths, CBS News asked a scientifically random sampling of them about their presidential election preference. One surprising fact: among new voters, ages 18-21, Gerald Ford beat Jimmy Carter, 50 to 49 percent. Now, a publication called "Who's Who Among High School Students," which has been tracking teenage opinions regularly for a decade by means of a nationwide poll has come up with its latest findings. They sample 24,000 high school juniors and seniors chosen by their principals, counselors and youth groups on the basis of scholarship, extracurricular activities and community service. More Conservative True, the sample isn't random, but those polled are no conformists, as comparisons of the various years' results show. One basic conclusion from this year's poll: today's teenagers are more conservative in their outlook both on politics and morality than their counterparts only a few years back. WE AR€ NOT ALON6 CLOSG ENCOUNTERS OF TH€ THIRD KIND Close Encounters -- Nightly at 7:00 & 9:30 Sat. & Sun. 2:00, 4:30, 7:00 & 9:30 GENEVA I II 248-2863 NOW PLA YISG "Late Great Planet Earth" r„iA/a: $J00 ALL SEATS $J00 WALT DISNEY'S Darby OGUl and p&o&efl F*l. 7 9 SAT. SUN. 137 9 MON.-THUR. 7 JO ONLY SHOWPLACE 1-2-3-4 RTS. 14 & 31 CRYSTAL LAKt 455 1005 NEWLY REMODELED! DOLBY SOUND! fM.7:15-»:15 II W.1WM1 SW.13-5-7-9 IKM.-TMMS.7:15-9 PG Here, for example, is the score on one turnaround: a majority (54 percent) listed "National Defense" as the top priority' for federal spending. - This is the first time in any of the eight polls conducted by WWAHSS that defense has come close to getting majority support. And, 77 percent would either increase or maintain the present level of defense spending. Just four years ago only 8 percent favored this. TTiis time, 66 percent of the students favored capital punishment. In 1971, the figure was 30 percent. There is a complete reversal in the matter of approving . censorship of certain movies, television programs, books and , magazines. Today, 64 percent approve; in 1971 the same number disapproved. Though I share their concern, I cannot support the idea of government censorship. It i£ too powerful a weapon to be put in government's hands. Someone has said that anyone with enough character to be a censor would/' have too much character to be one! Still, I hope Hollywood and Madison avenue are listening. That is where the problem can be solved, with voluntary codes of ethics such as the motion picture industry once had. Meanwhile, I could suggest something that concerned young people might do: stop buying tickets and what you don't like will go away. The Trends Here are some other poll results that underscore the trends: 49 percent have never hoisted a stein of beer, 46 percent have never sipped wine and 61 percent have never tried hard liquor. Contrast that with the same poll five years ago when 85 percent said, "yes," they had tried alcohol. Some 88 percent say they have never used drugs (only 9 percent have tried marijuana) and 85 percent have never * smoked a cigarettk Among those who tried smoking, 8 percent had quit. 1 Another surprise and - I confess - a heartwarming one in this day when the media seem so obsessed with sex, was to learn that 70 percent of the )/Aeenage leaders have not had sex and 56 percent of them said this was not because of parental pressure or lack of opportunity. It simply reflected their own moral standards. Nearly 80 percent are members of an organized religion and 60 percent attend church on a regular weekly basis. Almost half said religion has become more a part of their lives in recent years. So the pendulum swings. HEAL Speaker Is Scheduled For Jan. 22 Talk "Warning - Your Prescrip­ tion , May Be Danger­ ous to Your Health" will be the subject of a talk by Dr. Mark Miller Sunday, Jan. 22, at 2 p.m. in the auditorium of Central Elementary school in Crystal Lake. The school is located at the intersection of Paddock street and McHenry avenue. The talk is presented free of charge and the general public is invited. The program is sponsored by the Human Ecology Action league (HEAL), an international organization composed of physicians, scientists and other persons concerned with the contamination of the environment. HEAL works for the advancement of environmentally oriented medicine which investigates the long term effects of chemical pollutants in the air, chemical additives and contaminents in food, water and biological drugs. Dr. Theron Randolph, a member of the HEAL advisory board, and national leader in the field of food and chemical allergies will be available to answer questions along with Dr. Miller. Make Effort To Establish IYARC Chapter The Northern Illinois Special Recreation association is working with the Illinois Youth Association for Retarded Citizens to try and establish a local chapter of IYARC. IYARC is a volunteer organization whose purpose it is to work with and promote the well being of retarded citizens of the community. Any individual between the ages of 13 and 25 who may be interested in becoming involved with IYARC should contact Mark Bondeson at (815 ) 459-0682. Full of Bull The lion ate the bull He felt so good he roared and roared. The hunter heard him and shot the Hon. Moral oj the story? When you're full of bull, keep your mouth shut S^YEAR ROUND PyGENOA THEATRE GENOA CITY. WIS. M «n u m Hrn H I «, 2 m. R. * 414-2794491 MY-NITE COFEATURE Fri. 1:30 SatiSm. 2:15,5:00,1:00 MM. T TIMS. GREAT /Ja\ Instant Replays ^ * Kt H MMrt TTCkm C ^ NMfTSORt LAST CHANCE U* lM.lt; Urn if, mm IM iir (MSI Mwr <7:111 JAN. 20-24. S DAYS ONLY SAT, t SUN. AFTIKNOONS SEANCONNERY. WALT DISNEY'S Darby ofaiU and thettttte A SIEGEL FILM PG FW.7-tJl SAT. 134-7-9-11 SUW.1-3-5-7-9 MOW.THUIS. 7:104 SAT -2:30-4:454:454:45-10:45 jmuMut SATURDAY NIGHT FEVER FW.74:15-11:15 SATJ-4J0-7-9-.15-11:15 StHL24d0-7 9:15 MOH.THWJ.7 9-.15 warnm Fn. /<•,Mi S*t US, "Heaven and earth will fw] p«« away..." Matt. 24:35 THE LATE GREAT PLANET EARTH US. 14 8. 173 HARVARD. ILL 815 943 4451 24 Hr. Information JANUARY 20 - 26 7:00 9:45 SHOWPLACE 5 (FORMERLY SHOWPLACE I I I ) 455 2000 DOWNTOWN CRYSTAL LAKE DOLBY SURROUND STEREO Of- rH€ r «RD K8MU HH.W-1Q:45 SAT.1-3J04430-10*5 SWI. 13:3044.31 M0W.TWtS.7fJ0 SHOWTLACt 12-34-5 BAKAJN MAT. '1.25 TIL 2J0 wmrua RATED IX] STARRING SHARON THORPE ANNETTE HAVEN it fi PLEASURE MASTERS R?x]ED „ 8:30 SUNDAY, fomlly Matlnoe i;3OONLY JANUARY 22 RATED (GJ "TICKLE ME" All Seats 75' /