European Stars And Stripes (Newspaper) - June 2, 1985, Darmstadt, Hesse June 1985 the stars and stripes Page 5 authorities close 7 Banks in 4 states by the associated press seven Banks in four states shut Down the larg est number of Banks to fail in a single Day in More than half a a Federal official but the Alan a spokesman for the Federal Deposit insurance in said he did not View the failures As a Start of a rash of it was a rather strange set of circumstances that resulted in us having seven in one he the Nebraska department of banking and finance closed four Banks in that state the Federal government shut Down a Community Bank in the state shut Down a Bank in and the financially troubled Bank of Oregon in Woodburn was taken Over by an out state it was an but it counts As a Whitney said of the Bank of Oregon takeover by the Alaska Pacific its the largest number of Banks to fail in one Day since the Odic began operations in Whitney several involved Small agricultural which has been the pattern in the Bank of Taylor was closed late Fri Day a few hours the state banking department closed three Banks owned by Roger Voorhees of Omaha Fairfield state Bank in Scroggin and Bank in Oak and Security state Bank of All seven Banks were insured by the Federal Deposit insurance which insures de posits up to per in Nebraska and state officials Laid the Banks troubles to a High Reliance on income from Agri cultural Many of which went bad due to the nations troubled farm Roger Nebraska banking said All of these situations Are related directly to agricultural loan Minnesota Commerce commissioner Michael Hatch said 55 percent of the Loans of first Trust Bank of Lake Field were agriculture related and nearly half of the problem Loans at the Bank were in that in regional Odic director Ken Gorham said the Bank of Lockesburg was closed due to excessive loan losses that depleted the Banks resulting ultimately in our being appointed receiver of the Lockesburg was being taken Over by a newly chartered state also to be called Bank of and will begin with an infusion of million from the Udics More than billion insurance truck slams school bus in North 6 die Snow a a truck collided with an oncoming school bus Fri killing five students and the truck drive and injuring 20 at least four the tractor trailer careened off the bus and struck another and a car struck the rear of the second a witness the cabs of both trucks burst into i saw kids said Highway patrol Steve one of the first on the scene of the it occurred about near Snow an Eastern North Carolina there were kids mangled and screaming and it was one of the worst accidents Ive Ever seen involving kids or five aged 12 and were killed by the said state trooper a produce truck belonging to military distribution of Virginia crossed into the wrong Lane on struck the bus and ripped its Side then it collided with another Sard Dennis Mckin a truck Driver who saw the he said a car then struck the rear of the second the second truck was carrying she the bus Driver was doing her Best to keep away from Mckinney it threw the bus off the Road like it was a piece of the bus hit the then the fire Mckinney i jumped out As Sands of time in the stars and stripes 40 years ago today june 1945 Alfred Sloan chairman of the Board of general motors told a stockholders meeting at Wil that the Public can expect no car after the 30 years ago today june 1955 the soviet leaders visit to Yugoslavia ended in bled with a declaration of principles on world an informed source 20 years ago today june i965 president Johnson announced that he has ordered the withdrawal of about marines from the dominican Republic about half of the marines remaining in the revolt torn 70 years ago today june i975 Nolan the California Angels 28yearold righthand tied Sandy Koufax major league re Cord of four no hitters and scored the 100th Victory of his incredible career in a i0 masterpiece Over the Baltimore Ori Oles in soon As it All i headed for the they had been thrown 10 to 12 feet from the it ripped the whole Side off the the Driver of the soybean truck managed to escape the burning cab of his but the produce truck Driver could not be said Donald Deputy chief of the Snow Hill fire there was too much fire to try to pull the Guy Hart the other Guy the soybean truck Driver said it was All he could do to get out of the truck the dead truck Driver had not been Iden to Carol a spokeswoman for Wayne county memorial Hospital in Gold said James 12 Mittie mum 9 and Robert died at the Ricky died at the Hospi Shawanna died at Pitt county memorial Hospital in Greenville of head and internal said Hospital spokeswoman Georgette Jones said 10 children were still at Wayne memorial late and six others had been treated and three others were transferred to Duke University medical school in Durham in very Crit ical she Hendrick said the Only victim still at Pitt was in serious condition Friday night after surgery to remove a ruptured the 9yearold boy also had a Bro Ken Arm and school bus accidents in accidents per pupils and daily Cost per Pupil Chicago Detroit a i i Philadelphia Boston Denver Accident rate Cost per Pupil l i new York Chicago Tribune graphic source individual cities Union Boss convicted Dies a Tony who once ruled the United mine workers of America with an Iron fist and a fresh Rose in his died Friday in a Hospital near the prison where he was serving three life terms for murdering a Union rival and his who was died of heart failure in the Wilkes Barre general Hospital Cor onary care unit at according to the his was with him at the said Tom a state Bureau of corrections he has had a variety of ailments Over a Long period of Fisnik Boyle had been in generally ill health for most of the past suffering from a heart Condi Tion and stomach Boyles death Drew a terse statement from the Union he led for nine the death of former Jmwa president Boyle Marks the final passage in a tragic chapter in the unions said Joseph a Union at the head quarters in the unions re covery from the events of the late 60s and Early 70s is during his Boyle spent in Union funds for portraits of Union Lead who Drew huge salaries and Rode in he was convicted of misusing Union Money for political Tony Boyle file photo Boyle was convicted of ordering the deaths of Joseph Jock his and daughter the Yablonskiy were shot As they slept in their Clarksville Home on new years eve Boyle was sentenced to three consecutive life terms at the state prison in near Yablonski had lost to Boyle in a bid for the Union presidency and was planning to Challenge that through his Boyle denied involve ment in the i am innocent of the crimes of which i have been convicted and 1 want everyone to know he said when he was Boyle was originally convicted of the three murders in but the state supreme court in 1977 ordered a new concluding that the Union Leader had not been allowed to present an adequate de he was convicted again in 1978 of three first degree murder counts and received three consecutive life eight other including three Cleveland men who accepted the assassination contract for have either con fessed or were convicted of participating in the William Anthony Boyle was the son of an Irish immigrant who worked the Coal Fields of Southeastern he became known As in 1948 when the unions John brought Boyle to National Headquarters in Washington As his in Boyle became the umps 1 Ith the first from West of the missis at the unions 1964 convention in Boyle had helmeted miners main Tain order in the face of unrest from work ers who Felt their contract ignored health and safety
