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THE SEVEN-YEAR ITCH--Members of the cast, Tom Hausman as Richard and Don Crop as Tom, are shown in a scene > from the American Repertory dinner theatre production of The Seven Year Itch, which opened Jan. 8 and will be running weekends through Jan. 24 at Andre's Steak House in Richmond. Show times are 8:30 Friday and Saturday; 3:30 Sunday. For reservations, call 815-678-2671. d7oCd 7a[i FIFTY YEARS AGO (Taken from the files of January 28, 1932). The county meeting of the American Legion was held in McHenry, where a large delegation was present to hear Gabby Hartnett, star catcher for the Chicago Cubs, and Jimmy Corcoran, prominent sports writer for the Chicago Evening American. About 150 members and guests were present at the ladies' night at the K. of C. hall in a pre-Lenten party. During the program of music, John Sutton, Robert Knox and Bill Spencer sang "My Wild Irish Rose" and Miss McDonald, Mrs. Goodfellow and Earl Walsh sang, "Cut Down the Old Pine Tree". Those from McHenry serving on the panel of the petit jurors include N. E. Barbian, Clarence Niesen, Simon Michels, Edward Stoffel, Frank Wiengart and Peter Wirfs. FORTY YEARS AGO (Taken from the files of January 29, 1942). According to word received from Springfield, no attempt will be made in Illinois to comply with the war ballot act of 1917 calling for elections to be held in Army camps. The absentee ballot will be the only means many men in the service will have of exercising their franchise. During the month of December farmers delivering milk to the Algonquin, Big Foot, Crystal Lake, Harvard, Huntley, McHenry and Ringwood Dairy company received $253,533.18. Bowman releases these figures monthly just as soon as they are compiled by the executive office. Mr, and Mrs. Lowell Nye, who have been making their home in Libertyville, have moved to Chicago, where Mr. Nye has accepted a position with the Chicago Tribune. Since graduating from the University of Illinois, Mr. Nye has been employed as a journalist on several small papers. TWENTY-FIVE YEARSAGO (Taken from the files of January 17, 1957). Those who had decided that the "good old winters" were gone forever had a change of tune last week when several inches described by the old timers as "the beautiful" fell on the city! Only modern equip- man» nn/1 Q tromr offiniont ItlVltV UI1U U » V* J city crew were responsible for making the heavy fall of snow beautiful to the eye. without the handicap of inconvenience usually associated with it. Science Research, that unusually interesting business that calls McHenry home, moved last week from Main street to Pearl, just east of the Green street intersection. It is the local company that scores a variety of tests conducted nationwide, including the popular Homemaker of Tomorrow search in which thousands of senior girls in high schools throughout the country participate. , Harry Dean was elected president of the Chamber of Commerce at a meeting of • the new board of directors. A1 Weiss was named vice- president and Robert Stueben was selected by the board as secretary. • State Bank Stockholders • • In 76th Annual Meeting Friends of Bill Green will be happy to learn that he is being honored by Elgin Legion post in recognition of his many years of service to the local district. He is completing a year as commander of the Eleventh district. Although now employed by the Elgin post as manager, he'retains his membership in McHenry. He has, in many years as a member in the city and district organization, held every office. City engineers were present at the City Council meeting with detailed drawings and plans for new traffic light signals to be installed in the near future at the intersections of Green and Elm streets and Rich­ mond road and Elm. An estimated $12,000 will be spent on the traffic lights, with half of the amount appropriated through the Motor Fuel Tax fund. TEN YEARS AGO (Taken from the files of January 19, 1972). A tremendous growth within the city of McHenrv was pointed up sharply with a report submitted to the City Council by Supt. of Public Works Fred J. Meyer. The yearly summary of building permits issued during 1971 amounted to $5,906,252, more than three million dollars over the $2,553,018 recorded for construction in 1970. There were 162 new single family dwellings, 82 free standing, for $1,737,499 last year. Condominiums, with 20 buildings and 80 single family units, contributed another $1,540 to the total figure. At the last meeting of McHenry Legion Post No. 491, life memberships were presented to Fordyce Hanford, Everett Hunter and Henry Weber. The awards recognize the three men for 50 year mem­ berships. Coach Gary Collin's sophomore Warriors pushed their season's record to 12-2 with two very impressive victories over a pair of highly regard opponents, -North Chicago and the Barrington Broncos. The Weber site was selected by the McHenry County college board of trustees for a permanent campus because of its overall high ranking on the factors established by the college's Citizens Advisory committee for site evaluation. One of the fac­ tors in favor of the Weber site is the accessibility for nijnils and public It is on a U.S. highway, easily ac­ cessible in 30 minutes or less from all areas of the district and is within three miles of the population center of the district in the general direction of the geographic center. Rebounding after last weekend's back to back losses to North Chicago and Barrington, the MCHS cagers came back and made a victory sweep against the Crystal Lake Tigers and the Kaneland Knights as they overwhelmed both op­ ponents by larger margins. The stockholders of the' McHenry State bank con­ vened for the 76th annual stockholders' meeting Jan. 13, called to 6rder by Thomas F. Bolger, with Betsy Moehling acting as secretary. The stockholders elected the following directors for the year 1982: Esther M. Carey, Geraldine C. Cowlin, Lorraine Nye, Lenora E. Frisby, William J. . Cowlin, Thomas F. Bolger, John L. Cowlin, Elmer P. Adams, Francis M. Schmitt and Ormel J. Prust. In the president's report to the stockholders, Bolger stressed the difficulties facing today's financial industry. He pointed out that the high interest rates had affected the bank's profits and although money was available for loans, there was very little demand at today's rates. He pointed out that the bank has traditionally been consumer- oriented and many mor­ tgages on the books are at rates below today's cost of funds. Bolger commented that the slow down in real estate sales further com­ pounds the problem as there is very little turnover of the low rate mortgages. The bank president said that interest costs amount to 75 percent of the bank's total expense and that more than ten and one-half million " dollars was paid to the bank's depositors during 1981. He said this amounts to 76 cents per second, every second of the year. The bank's payroll package of salaries and employee benefits of approximately two million dollars is another major item of ex­ pense. Ormel J. Prust, executive vice-president reviewed the year's activities and reported an increase of 7 percent in total assets. The bank's total footings are in excess of $143 million dollars. Prust pointed out that the bank's net earnings were down but that it was still a profitable year and that many financial in­ stitutions were actually reporting losses.. Bolger told the stockholders that the board of directors recognizes the hard reality that present levels of inflation and in­ terest rates are likely to be here for somei time and for this reason, the board took steps to improve ear­ ning prospects for the years ahead. The board elected to take significant losses on the sale of bonds and mortgages which had previously been acquired at lower rates of return. The proceeds from these sales has already been reinvested at today's higher levels. The improved earnings will recover the losses and at the same time, increase the bank's operating earnings in the years ahead. In addition, Bolger stated that this strategy raises the liquidity and improves the bank's ability to handle rate volatility and affords the opportunity to restructure the investment portfolio to cope with the uncertain markets over the next few years. Vice-president and cashier, Edwin J. Becker, Jr., mentioned that more of the bank's income came from investments than it had in the past and that although loan interest rates were up, the demand for loans is down. The cashier said that contrary to popular belief, high interest rates are not beneficial to the bank. All three of the bank of­ ficers mentioned the con­ tribution made by Dick Campobello, who is new- to the bank and handles the duties of comptroller. T h e s t o c k h o l d e r s recognized Jim Larkin, who retired after 42 years of service to the bank. The board of directors adopted a resolution praising Larkin's contribution to the local financial institution. Vice-president and trust officer, Robert B. Schneider, reported that the high in­ terest rates had a conflicting affect on the trust depart­ ment. There has been a slow­ down in activities in land trusts but more people are availing themselves of the investment services offered by the trust department as the range of investment opportunities increase. Senior vice- president, Lenora E. Frisby, spoke of the many new deposit in­ struments available in her department and the need to counsel depositors as to the type of account best suited to each individual need. The board of directors met to organize the bank for the coming year and appointed the following officers: William J. Cowlin, chairman of the board; Esther M. Carey, vice-chairman; Thomas F. Bolger, president;' Ormel J. Prust, executive vice-president; Lenora E. Frisby, senior vice-president; Edwin J. Becker, Jr., vice-president and cashier; Robert B. Schneider, vice-president and trust officer; Ronald J. Vacula, vice-president; Richard A. Lane, vice- president; John E. Murphy, vice-president; Richard L. Campobello, comptroller; Donald H. Meyer, assistant v i c e - p r e s i d e n t ; L i l l i a n Cairns, assistant vice- president; Donald H. Wattles, assistant vice- president; Philip R. Oef- fling, assistant vice- president; Lawrence J. Kolman, assistant vice- president; Eloise Benes, PAGE 13 - PLAINDE ALER • WEDNESDAY. JANUARY 20,1962 of Decatur and is a graduate of Western Illinois univer­ sity. She was given the title of personnel officer. Leathers is a native of the Bloomington, Illinois area and formerly taught school. He is a graduate of Eureka college and was given the title of assistant loan officer. HUMANE SOCIETY MEETS The women's auxiliary of the Humane Society of North Central Illinois will meet Monday, Feb. I, at 7:30 p.m. at the Anderson Animal Shelter in South Elgin. Newcomers are welcome. For more information, call 697-2880. Folk Music, Humor At College Jan. 21 Harry Waller brings his unique combination of folk music and humor to McHenry County college Thursday, Jan. 21. Waller, a Philadelphia native who has become a part of the Chicago folk scene, will perform at 8 p.m. in the college lounge. Ex­ pected to be included in the show are his famous "Cockroaches on Parade" and "The Cat Hater's An­ them" as well as more serious folk music. The college's Student Life committee will sponsor Waller's appearance POLICE TICKETS no valid Highwood, registration. Diane L. Nellessen, 4301 Sioux Lane, disobeyed a stop sign. ^ Elmer J. Gorham, 910 N assistant trust officer; Fred disobeyed Kupstis, assistant cashier; Yvonne I. Ryden, assistant cashier; Doris Wagner, assistant cashier; Peter J. Keller, auditor; Carol Scholle, assistant auditor; Keith Leathers, assistant loan officer and Joanne Eppers, personnel officer. Lenora E. Frisby was promoted to senior vice- president and Philip R. Oeffling to assistant vice- president while Keith Leathers and Joanne Eppers are new officers of the bank. Joanne Eppers is a native The City of McHenry Police department has issued the following citations. Thomas John Botten, 1290 Blackhawk, no valid registration. Donald C. Miller, 4413 Dennis Blvd., no valid registration. Betty L. Moore, 7301 Loras Lane, Wonder Lake, disobeyed a traffic control device. Harold W. Jay, Jr., 2409 traffic control device. Robert L. Thennes, 3920 West Ave., disobeyed a traffic control device. George J. Bosmick, 3604 Johnsburg Road, disobeyed a traffic control device. Gregory N. McKinney, 1313 Sunnyside, driving too fast for conditions. Susan M. Koerper, 1512 N. Lakeland, speeding, 50 mph in a 30 zone. Donald S. Magrow, 5124 W. Lake Shore Drive, disobeyed a traffic control device. Earthquake Prediction A scientist says "creeping" of rock plates in the Earth's crust, a phenomenon known as preseismic slip, could provide a key in predicting earthquakes like the devastating tremors that struck southern Italy last year. --Under the some fomlly ownership for 32 years Northern. Illinois' & Southern Wisconsin's Largest Selection of Rolls & Remnants CARPETS ft FLOOR C0VERIN0S WAREHOUSE SHOWROOMS largest e and Our goal is to shop the market place to give yg^p selection of quality floor coverings at the lowj assure you of complete satisfaction^^^^lVx^ \ In order to reach this >NC \ We buy rolls and^^t[nA ^ the yard. .x\ C0<^ . ^^^ftlUlarge selecti^rTTp \0 ^ % ojU* O*^^^rtoinstallation. flationservices. We\spc A V \^JJil«<tfG^eous and considerate of your needs a\^ 0^ii»^f1ucate ourselves in new floor coverinq products We goSrantee all the floor covering products and installation you purchase unconditionally for 2 years. A SPECIAL JANUARY CLEARANCE SALE, WHOLESALE PRICES... Under normal economic conditions no retailer could sell you first quality, regular running line floor coverings at wholesale prices. However, during the last 3 months of economic slowdown many carpet mills have been forced into turning their inventorys quickly into cash to improve their balance sheets! We have taken advantage of this situation by buying truckloads of first quality carpeting at tremendous reductions and we can sell you these carpets at the regular wholesale price that are normally paid by floor covering dealers. We all want these economic conditions to change quickly but this weekend you can buy at wholesale prices. Please make your selections early because these prices are dependent upon ex­ isting inventory we have bought for this sale. Only once a year can you save 50% or more off the cut order price on every single carpet and no-wax remnant in our stock. You'll find over 3000 short rolls and remnants" to choose from with sizes ranging from 3' x 12' to 12' x 35' at the Tidy Warehouse Showrooms. Hurry, you'll only have three days to beautify your home and save 50%. Here are just a few examples...A velvet saxony plush that you can buy at the whole­ sale price of $12.00 a square yard, and choose from 22 colors in 88 rolls we purchased for this sale. A special purchase of Cabin Crafi Carpeting of a 65 oz. nylon saxony plush which cut orders for $29.50 and can now be sold to you for only $13.00 a square yard. A truckload of Commercial Quality carpeting priced at $5.95 to $11.95 a square yard, An- tron III Plushes, Wool Blends, Commercial Level Loop nylons. Where could you buy a wool carpet for only $11.95? You'll also see 100's of cartons, of Tile, Rolls of No-Wax Vinyls and 1000's of rem­ n a n t s , t o o . o M . i t i -- i - ^ • r • " • ; i P t SALE CONTINUES THROUGH JANUARY 23rd,5;00P.M.| 1L- .v w j can. 1/ • iu IU J SWOWCHECK: If weather conditions prevent you from coming, bring this ad with you next week and all discounts will apply. CARPETS a nan CaVEMMS JP 200 Washington St. - Woodstock -815-338-1000 663 Villa St. (Bus.20) - Elgin - 312-697-2600 Hours: Mon. & Fri. 10-9; Tues.,Wed.,Thurs.,Sat. 10-5; Open only on the following Sundays: Feb.21, March 21, May 16, A June 20. OPEN THE THIRD SUNDAY OF EACH MONTH FOR YOUR SHOPPING CONVENIENCE. v