The Huntley Farmside
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.•»~^ ,4^: A VOLUME 7 — NUMBER 34 THURS, NOVEMBER 24, 1966 PHONKi 466-M21 (any time) (If no an«wer) 469-0996 SCHOOL FILE HUWTLEY fiiG.'i 50W , HONTLEY. ILL 8 PACES Large Crowd At Credit Union Meeting A special meeting of the Hunt¬ ley Community Credit Union stockholders was held last Friday evening, November 18, at the American Legion Home. A record i crpwd filjed the room to capacity lii^th (iMkii^njI 'oom only left to hear lir.^foHiat It .Kramke, field reptean^tive for the Ulinois ae speak jUted Cr of! the Illfatoli _ae.,|He went otlsiewas Dbers had lost mo4 ., the reason for Uie'kM ot' 1^% from each member's ac¬ count was the fact tiiat many loans had ^heea made to members who had newr pidd them back, caas< ing the posaible loss. He said that on Jane M, 19<6, tiM state of minoia tn^eetMs came tev4»e Hantiey Ceonnaity CndK takm aad daeMltfeat the loeal eoncarn was aOk a soan4 ftntaieial baste) as, the. state ewMrta 6i tlie Haatley Credtt Union. !^. It was wrted that t(H|tfard of Dtreetors wap at* owl^^ Jnne 28, that the coad^ions had detcri- oittted 80 far. Mir. Krama stated that conditions worsened ow a gradual period of time. Be atated that tbe Board of Direct^ had delegated tin management ol the Credit Union to one Of two key ^ persons. t. When questioned ftom the floor ;i on the matter of insurance of ac¬ counts Mr. Kataaka s^tid' that,.,. unlike banks, the cMit unlMia ^ '^ not covered by federal depoldt hi- ' surance coverage, nor a similar coverage which may be obtained by Savings and Loan Associations. He stated that at one time insur¬ ance such as this had existed but that the company providing it had gone out of business and that the Credit Union was unable to get this type of insurance. Mr. Kraraka explained ihat the local CracKt Union does have a life insurance plan whereby a loan is paid off in the event of the death of the borrower and funds in a savings account up to $1000 are doubled. The Board of Directors was questioned from the floor as to why the members were not noti¬ fied when the insurance company had gone out of business. It was mentioned by the board members that none of them were on the board at that time and probably those serving had not deemed it necessary to inform the sharehold¬ ers. Mr.Kramka requested that the shareholders and community get behind their present board of di¬ rectors in this crisis. He stated that the only way the money coold be retrieved and the Credit Union continue is for the citisens of Hnntley to back up their credit union. The Illinois Credit Union League had purchased $89,000.00 of the bad loans which they felt It was posaible to collect for the sum of $30,000.00. Mr. Kramka SUted that if tiiey had not done Ceatinoed ea Pag« Two »«r eepy Car''Borrower'' Apprehendm Richard Coleman, who took a 1966 Chevrolet from the Ben Hans¬ ford Chevrolet. Inc. reportedly to test drive it. and then left the county, was apprehended last week in Jessup. Georgia, when he tried to sell the spare tire of the Car. Coi^uWk was plaeed ia tiie cUst<li<ly %'r^Uie Wayne Coonty sherHt in ^eHknp. i€l|orda, h«t has sinc^1>eea chargei^wtta vielation of the Dyer Aet fl^y-Moieteg a statics Jin*^ teitt k tioirieing held "^ Mer. a Fed- be prosecu- ey ipeneral. Mr. HKttMt^ 'fi«r «(>al|ti|to^ re-- triei« tM^y^.jRd haa' Wtaraed to flftintl<(r,.?jflViPi)(yi'i arariMd ter Mr. HansfMd Jm a meefcaaift In 1962. 4-HAMds [inner Will Is open to ir families Thia anin^ 4.B G»d> A heldtWa ber 2S, In basement. The begin at 7:30 P. all 4-H membei and friends The 4-Hers will receive the county and state awants that ^(By have won on their tecoais for the past year. Anyone attending is asked ti^^ bring their own table service I School Board Proposes New Tax Levy Vote A special meeting of the Hunt¬ ley Consolidated Board of Educa- cation was held last Wednesday, November 16, to discuss the possi¬ bility of conducting a Revenue Bond Issue to cover the additional expenses of furnishing classrooms, providing teachers and other nec¬ essities for the new school building. Proceeds from such a bond issue will not become available until 1967, if passed and taxes will not be collected on it until 1968. The proposed increase is 21c trom 1.60 to 1.80 per ^1000 of assessed valu¬ ation. It waa moved by Adams, secc onded by Schultz to employ M. B. Birchfield as financial consultant to contact Chapman and Cutler, attorneys, Chicago, and request them to prepare the necessary pa¬ pers incidental to the request. Mr. Tom Kelly, superintendent of schools, gave a report on the progress of sodding the football field. The budget books were ex¬ amined. This is an increase of $44.00 per student in costs over last year, A discussion on teachers' sal aries followed. Mr. Kelly and Mr. Delany had prepared a salary schedule designed to upgrade the Cotttiaaed oa Pafo Ftve Breah flit ^f School on Monday Moiming Police Chief John Roth was call¬ ed to tiie Huntiey School at 6:^ a.m. on Monday, November SI, to check a burglary. It was discover ed by the Science teacher, Ddn Kern, who went to ^ school be* tween 5:30 and 6:(MI in prepara¬ tion for setting up science prob¬ lems. Mr. Kern entered the build¬ ing on the northwest comer and OS he walked down the corridor to his workroom he noticed tlitt glass in t^e door on the soaaaut comer oi the building was btoktai and glass was all over the flo^r.^ He also noted that tite office door was open and open flUng cabinets, at whkh time he called Glen De¬ laney who in turn called officer Roth at 6:00 a.m. , The Sheriff's deputy Bod Mad¬ sen, officer Chamnes and John Roth^^titok prints and photographs. Nothing was taken from the school. The thief or thieves appar¬ ently were either scared off at the entrance of Mr. Kem or fled for some other reason not known. It was also noted that tiie ice cream cabinet was broken into. ValuaUe adding macbines and other equipment in the office was not touehed. The Cary-Grove filgh iSchool was also burglarised at about the same time, the sherifTs office rec¬ eivings tiie eaUs almost simultane¬ ously and dispatching a deputy to each-'sehool. At Cary-Grove the sake was forced open. Prints weire found at the Hant¬ ley school indicating that entrance liad been gained by the oae of a jitamy bar to bicidc tiie window and release tiie look fnaa tiie inside. i^, 'if r I'i i<ittlr iV ll ¦ ., -JV" .<.it,.
|Title||The Huntley Farmside|
|Creator||The Huntley Farmside|
|Coverage||Huntley, Illinois, United States|
|Description||Weekly Newspaper from the Huntley Area Public Library Collection|
|Rights||This material may be protected by U.S. Copyright Law (Title 17 U.S. Code).|
|Publisher||This Collection was digitized and loaded into CONTENTdm by OCLC Preservation Service Center (Bethlehem, PA) for the Huntley Area Public Library|
|Source||Reproduction of library's print newspaper archives|