The Coral Gables Times

Thursday, December 21, 1961 THE CORAL GABLES TIMES

TO DANCE WELL ... CONSULT MONTELL

HOUSE OF MONTELL 3155 PONCE DE LEON BLVD. HI 3-1191

Temple Judea to Induct 44 Families As Members

Temple Judea of the Gables will receive its 44 families of new members Friday evening in the ceremony of induction. The new members are Mr. and Mrs. Maurice Abrams, 25 SW 29th Ave.; Dr. and Mrs. Leonard Askowitz, 1420 Ancona Ave. Mr. and Mrs. David Barnett, 5750 SW 56th St.; Mr. and Mrs. William Baron, 3611 Riviera Dr.; Mr. and Mrs. Sidney Deutsch, 6500 SW 45th St. Mr. and Mrs. Edmond E. Dorff, 6233 Leonardo St.; Mr. and Mrs. M. Ehrenhaus, 3715 SW 62nd Ct.; Mr. and Mrs. Mac Entel, 5770 SW 57th Ter. Mr. and Mrs. Oscar Fischer, 4125 Monserrate Ave.; Mr. and Mrs. Fred Freud, 503 Anastasia Ave.; Mr. and Mrs. Allen Greenberg, 917 Algaringo Ave. Mr. and Mrs. Milton Haselkorn, 836 Columbus Blvd.; Mr. and Mrs. David Hipsman, 915 Alava Ave.; Mr. and Mrs. Merle Jacobson, 5905 San Vicente St. Mr. and Mrs. Morris Josepheer, 3671 SW 21st St.; Mr. and Mrs. Edward J. Kaufman, 8320 SW 103rd St.; Mr. and Mrs. E. F. Kemeny, 3935 Segovia St. Dr. and Mrs. Elias Kogan, 1127 Manati Ave.; Mrs. Claire Koller, 5710 Maggiore St.; Mr. and Mrs. Melvin Koven, 9835 SW 81st St.; Mr. and Mrs. Paul H. Kussner, 2121 SW 14th Ter. Mr. and Mrs. Monroe Losner, 17 Sevilla Ave.; Mr. and Mrs. Sanford Mandell, 2501 SW 24th Ter.; Mr. and Mrs. Robert Mann, 706 David Rd.; Mr. and Mrs. Mark Meyers, 3615 Riviera Ct. Mr. and Mrs. Alexander Miller, 4600 Granada Blvd.; Mr. and Mrs. Donald Murray, 920 Alava Ave.; Mr. and Mrs. Marvin Pearlman, 447 Majorca Ave. Mr. and Mrs. Nathan Reiter, 3281 SW 17th St.; Mr. and Mrs. Eugene Rosenthal, 5750 SW 57th Ter.; Mr. and Mrs. Joseph Samuelson, 2725 SW 36th Ave. Mr. and Mrs. Sidney Schwartz, 1216 Cordova St.; Mr. and Mrs. Gerald Seiden, 6530 SW 46th St.; Mr. and Mrs. William Seidle, 4921 Ronda St. Leon Shiff, 3910 SW 5th Ter.; Mrs Richard Steinheimer, 4600 SW 2nd Ter.; Mr. and Mrs. Larry Stewart, 5730 SW 63rd Ct. Mr. and Mrs. Henry Stone, 3711 Riviera Dr.; Mr. and Mrs. William Sturman, 3821 NW 1st St.; Mr. and Mrs. Paul Wechsler, 7401 SW 34th St. Sydney Winikoff, 5878 SW 8th St. and Mr. and Mrs. Stanley Zalis, 3230 SW 22nd Ter.

Town Fathers to Wait Still Longer on Parking

The City Commission has decided to sit tight on operation of its attendant parking lot on Andalusia Avenue despite pressure by some merchants to lower rates. Commissioners indicated they will wait until the Old Youth Center lot is vacated and Le Jeune Road is completed before they reconsider changing the present rate from 10 cents for the first hour, 10 cents for the second hour and five cents for each additional hour. Some merchants have asked that the rate be reduced to a straight five cents an hour.

Deerborne Has Perfect Grid Season

STEVE PEARSON Deerborne Junior High School, led by quarterback Steve Pearson, finished an unbroken, untied touch football season recently. The school amassed a 10-game winning streak in defeating all its opponents in the Southeastern Association of Independent Schools. Deerborne proved the surprise team of the association because most of last year's team had been lost through graduation. But the team, coached by Dr. James Meffen, improvised offenses designed to outwit the opposition and they came through undefeated. Pearson, son of Mrs. Anita Pearson, 3540 SW 89th Ave., set school records in leading the Corsairs at quarterback. He scored 16 touchdowns by runs, passed for 9 more and helped score 27 extra points. The team captain was named player of the year and will receive his award at the Christmas Square Dance Dec. 20. Graduating team members are Pearson, Michael Cohen, Terry Jaramillo, Stanley Gans, Tom Cowell, Robert Kellett, Karl LeBoyer.

Golf Won By Brundage

The was low gross Tuesday, 90 les and a Chirstmas party for the members of the Biltmore Women's Golf Association. Played in classes, Mrs. Selma Brundage with a 42 won in Class A. Mrs. Ann Goodman was second with 44. In Class B, Mrs. Barbara Scott was first with a 45; Mrs. Julia Holth was second with 47. In Class C, Mrs. Elsie Easton and Mrs. Ruth Royal tied with

New Issue $1,000,000 City of Coral Gables, Florida Capital Improvement Bonds Series 1961

In the opinion of counsel interest on these Bonds is exempt from all present Federal Income Taxes and the State of Florida Intangible Tax. New Issue RATINGS: Moody's Baa Standard & Poor's A $1,000,000 City of Coral Gables, Florida Capital Improvement Bonds Series 1961 Dated: August 1, 1961 Due: February 1, 1962-1986 Principal and semi-annual interest (February 1 and August 1) payable at the Hanover Bank, New York, New York. Coupon Bonds in the denomination of $1,000. SECURITY HIGHLIGHTS 1. These Bonds are being issued for the purpose of paying the cost of certain capital improvements of the city, including a new public library; expansion of the sanitary sewer collection system, street improvements and recreation facilities. 2. These Bonds are payable from and are secured, both principal and interest by an irrevocable pledge of the cigarette taxes levied and collected. 3. In the event, for any reason, the moneys derived from said cigarette taxes are ever insufficient to pay the principal of and interest on these bonds the city covenants to make up any such deficiency from any other available funds of the city. 4. Based on 1961 Cigarette Tax Receipts (up $17,000 from 1960), maximum interest would be covered 3.90 times and maximum debt service would be covered 2.17 times. 5. The city covenants not to incur any additional obligations payable from cigarette taxes which will have priority over these Bonds. Additional Bonds ranking on a parity with these Bonds may be issued if the city is current in the required payments into the Sinking Fund and Reserve Account and if cigarette taxes for each of the preceding two years shall not have been less than 200% of the highest combined interest and principal requirements for any succeeding year on all obligations. AMOUNTS, RATES, MATURITIES AND YIELDS Amount Rate Due Yield | Amount Rate Due Yield $15,000 3.40% 1962 1.90% | $25,000 3.40% 1975 3.65% 15,000 3.40 1963 2.20 | 25,000 3.70 1976 100 15,000 3.40 1964 2.45 | 30,000 3.70 1977 3.75 15,000 3.40 1965 2.65 | 30,000 3.70 1978 3.75 15,000 3.40 1966 2.85 | 30,000 3.70 1979 3.80 20,000 3.40 1967 3.00 | 30,000 3.70 1980 3.80 20,000 3.40 1968 3.10 | 35,000 3.70 1981 3.85 20,000 3.40 1969 3.20 | 100,000 3.70 1982 3.85 20,000 3.40 1970 3.30 | 105,000 3 7/8 1983 3.90 20,000 3.40 1971 100 | 110,000 3 7/8 1984 3.90 20,000 3.40 1972 3.50 | 115,000 3 7/8 1985 3.90 25,000 3.40 1973 3.55 | 120,000 3 7/8 1986 3.90 25,000 3.40 1974 3.60 (Accrued interest to be added) Bonds maturing 1973 to 1986 shall be callable for redemption in whole or in part in inverse numerical order on February 1, 1972 and on any interest payment date thereafter at the principal amount plus accrued interest and a premium of $30.00 if redeemed on or prior to August 1, 1973 and declining thereafter. These Bonds are offered when, as and if issued and received by us, and subject to the unqualified approving legal opinion of Messrs. Chapman and Cutler of Chicago, Illinois. Goodbody & Co. J. C. Bradford & Co. The Phelps Co. 495 Biltmore Way Coral Gables December 14, 1961.

Van Orsdel's HAS a reputation YOU CAN TRUST

The reputation a business earns for itself is a pretty good measure of the kind of service it offers. We stand by our name with confidence, knowing that over 36 years' service in the Miami area has acquainted the public with the sincerity of our purpose. The family can rest assured that whenever they come to Van Orsdel's they are getting the finest service in Dade County. MEMBER OF NATIONAL SELECTED MORTICIANS Membership in N.S.M., the world's leading funeral service group, is by invitation only. This invitation is extended only to firms whose reputations for fair prices, fine facilities and complete service have been fully established over the years. Over 60 funerals from $150 — $215 — $279 Standard metal casket funerals from ... $465 Solid hardwood casket funerals from ... $475 NOW! An Additional Reposing Room of outstanding beauty Van Orsdel's CORAL GABLES' LEADING MORTUARY 4600 BLOCK TAMIAMI TRAIL