The Guide

Thursday, January 11, 1962, page 9 (of 16)

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What ‘Ism’ Is For You? Study Them

A series of study courses entitled "Americanism vs. Communism," sponsored by Palmetto High School PTA, began Tuesday at the school. Moderator of the series is Walter Van Poyck. Tapes by a former counterspy for the FBI, Herbert Philbrick, will be presented as well as a Latin American speaker, a senior at Miami High, who will speak about his experiences of living under communism.

We're New To Dade BIRTHS AT DOCTORS HOSPITAL

Dec. 29 Mr. & Mrs. Phillip Froug, girl, 7905 SW 17th St. Mr. & Mrs. James Nichols, girl, 150 W. 43rd St. Hialeah; Mr. & Mrs. George Venhouras, boy, 3081 SW 17th St.; Mr. & Mrs. George Whitehead, boy, 2364 NW 32nd St. Dec. 30 Mr. & Mrs. Howard Shaw, girl, 7120 Old Cutler Rd.; Mr. & Mrs. Sam Smemo, girl, 1325 SW 78th Ct. Dec. 31 Mr. & Mrs. Charles Wightman, boy, Box 985 Islamorada, Fla.; Mr. & Mrs. Bruce Coufall, girl, 631 NW 74th St.; Mr. & Mrs. Erik Johansson, boy, 1125 SW 74th Ct.; Mr. & Mrs. James Jones, girl, 8350 SW 156th St. Jan. 1 Mr. & Mrs. Lewis Sabree, boy, 7790 NW 32nd St.; Mr. & Mrs. Allan Burry, boy, 4961 Biltmore Dr.; Mr. & Mrs. Thomas Matthews, girl, 12451 SW 191st St. Jan. 2 Mr. & Mrs. John Poole, boy, 12301 Moss Ranch Rd.; Mr. & Mrs. Paul Watson, boy, 6001 SW 86th St.; Mr. & Mrs. Earl Wietz, girl, 918 Madrid; Mr. & Mrs. Dom Bonafede, girl 1011 Aduana Ave.; Mr. & Mrs. Grant Daino, boy 45 NW 62nd Ave. Jan. 3 Mr. & Mrs. Robert Powers girl, 3437 SW 25th St.; Mr. & Mrs. Russell Chaffee, girl, 7720 SW 61st St.; Mr. & Mrs. Edwin Nauman, boy, 414 Mendo- za; Mr. & Mrs. T. A. Buchanan Jr., boy, 15541 SW 82nd Ct. Jan. 4 Mr. & Mrs. Robert Young, boy, 3935 W. Flagler St.; Mr. & Mrs. Willard Cortright, girl, 3671 NW 15th St.

Ponce Building Is Planned

A two-story office building is planned at Ponce de Leon Boulevard and Romano Avenue by Irving Burnstein, of Miami Beach. Architect for the new building is LeRoy K. Albert, of Coral Gables. A contractor has not been selected. The 85 by 100-foot CBS building will be airconditioned and have an elevator.

NOW, YOU CAN SAVE AND BANK WITH GREATER CONVENIENCE, HIGHER INTEREST!

4% interest per annum paid on 12 month certificates of deposit. 3 1/2% interest per annum compounded quarterly paid on all SAVINGS ACCOUNTS These are the legal rates in compliance with recent government regulations. Now, more than ever before, it pays to do business with a community- bank. Large enough to take care of all your financial needs... small enough to devote personal attention to your problems, you'll find that banking is a pleasant new experience when you save and bank with Commercial Bank of Miami, 9301 N.W. 7th Ave. and Merchants Bank of Miami, 950 Red Road. COMMERCIAL BANK OF MIAMI STATEMENT OF CONDITION DECEMBER 31, 1961 RESOURCES Cash and Due from Banks $2,413,539.96 | U.S. Government Bonds... 5,786,977.69 | State, County and Municipal Bonds ...... 1,641,818.95 | Public Housing Authority Bonds............ 245,406.08 | Other Investments...... 100,000.00 | Loans and Discounts...... 8,485,355.58 | Bank Building.......... 464,925.83 | Furniture, Fixtures and Equipment.......... 141,122.46 | Income Earned, Not Collected 84,990.02 | Other Resources........ 37,745.01 TOTAL RESOURCES..$19,401,881.58 LIABILITIES Demand Deposits..$11,011,659.34 | Time Deposits 6,510,912.46 | TOTAL DEPOSITS.......$17,522,571.80 | Interest Collected--Unearned 345,023.10 | Quarterly Dividend-- Payable 1-2-62........ 11,000.00 | and Accrued Expenses... 35,918.22 CAPITAL Capital Stock.. $550,000.00 | Surplus.... 700,000.00 | Undivided Profits 133,768.46 | Reserve for Contingencies 103,600.00 | TOTAL CAPITAL ACCOUNTS 1,487,368.46 | TOTAL CAPITAL AND LIABILITIES....... $19,401,881.58 OFFICERS L. E. FENN Chairman of the Board | W. S. McCREA Vice Chairman of the Board | H. T. MAROON President | M. E. STEPHENS Executive Vice President | GREGORY CONSTANTINE Vice President | JOS. A. MAROON Vice President | GEHL GARRETT Vice President | LUBA MARSH Vice President | FRANK ROWE Vice President | HOWARD DALE Vice President | CLARA JORDAN Assistant Vice President | FRANK B. HOSELTON Assistant Vice President | E. E. LEGGETT Cashier | C. W. HORNICK Trust Officer | PAUL A. BRADY Assistant Cashier | R. D. SINGLETON Assistant Cashier | DARRELL D. BALLEW Assistant Cashier DIRECTORS OTTO W. BRADY, JR. Owner--Brady Mercantile | GREGORY CONSTANTINE President--Thea Investment Co., Inc. | L. E. FENN Chairman of the Board | W. A. FREDERICH President--Fredmar, Inc. | IRVING GOLDMAN Merchant Owner--The Style Shop | H. T. MAROON President of the Bank | JOS. A. MAROON Vice President of the Bank | W. S. McCREA President--Earl V. Wilson Company | E. S. QUICK Attorney at Law | R. G. SATCHELL President-- Metropolitan Laundry & Cleaners, Inc. | M. E. STEPHENS Executive Vice President of the Bank MERCHANTS BANK OF MIAMI STATEMENT OF CONDITION DECEMBER 31, 1961 RESOURCES Cash and Due from Banks $2,070,634.20 | U.S. Government Bonds... 4,703,219.39 | State, County and Municipal Bonds...... 1,320,671.53 | Public Housing Authority Bonds............ 275,125.25 | Other Investments...... 80,000.00 | Loans and Discounts...... 5,792,423.03 | Bank Building.......... 346,632.80 | Furniture, Fixtures and Equipment.......... 157,589.37 | Real Estate Owned Other Than Bank Premises.... 62,219.42 | Income Earned, Not Collected 73,888.61 | Other Resources........ 74,890.14 TOTAL RESOURCES..$14,957,293.74 LIABILITIES Demand Deposits..$8,557,058.84 | Time Deposits 5,035,083.61 | TOTAL DEPOSITS.......$13,592,142.45 | Interest Collected--Unearned 177,997.35 | Quarterly Dividend-- Payable 1-2-62........ 8,250.00 | Reserve for Taxes and Accrued Expenses... 53,608.44 CAPITAL Capital Stock..$550,000.00 | Surplus...... 470,000.00 | Undivided Profits 95,795.50 | Reserve for Contingencies 9,500.00 | TOTAL CAPITAL ACCOUNTS 1,125,295.50 | TOTAL CAPITAL AND LIABILITIES....... $14,957,293.74 OFFICERS L. E. FENN Chairman of the Board | W. S. McCREA Vice Chairman of the Board | H. T. MAROON President | M. E. STEPHENS Executive Vice President | RICHARD L. ROTROFF Senior Vice President | ANN TURINSKY Vice President | C. E. DOUGLAS Cashier | ROBERT H. DUNN Assistant Vice President | JOS. W. ABMALY Assistant Cashier | VIRGINIA G. KELLY Assistant Cashier | T. P. OZBURN, JR. Assistant Cashier | FRED W. SALISBURY Assistant Cashier DIRECTORS GREGORY CONSTANTINE President--Thea Investment Co., Inc. | L. E. FENN Chairman of the Board | WALTER A. FREDERICH President--Fredmar, Inc. | H. T. MAROON President of the Bank | JOS. A. MAROON Vice President of Commercial Bank | GEORGE E. MAYER Director--Grand Union Stores of Florida | W. S. McCREA President--Earl V. Wilson Company | E. S. QUICK Attorney-at-Law | M. E. STEPHENS Executive Vice President of the Bank in Northwest Section COMMERCIAL BANK OF MIAMI 9301 Northwest 7th Avenue PL 9-8511 in Southwest Section MERCHANTS BANK OF MIAMI 950 Red Road (S.W. 57th Ave.) MO 7-5661 We will serve you all these ways: Regular, Commercial and Personal Checking Accounts • Business Loans • Dealer Sales Financing • Automobile Loans and Installment Loans of all types • Safe Deposit Boxes • Auto Teller and Walkup Windows • Day and Night Depositories • Bank by Mail • Free Parking • Money Orders • Travelers Checks • U.S. Savings Bonds MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION BOTH BANKS OPEN FRIDAY EVENINGS: 6:00 P.M. to 8:00 P.M.