The Times

Thursday, February 23, 1961, page 10 (of 23)

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Gableite Is President Of Insurance Firm

JAMES WHITE James H. White, 6901 Bar- quera, has been elected presi- dent of the Dade Common- wealth Title Insurance Co. White, 36, is the youngest man ever to head what is re- ported to be Dade County's old- est title insurance company. He was named executive vice presi- dent of the firm last year and has been associated with the company since 1953. Dade Commonwealth has be- come the largest independently owned title insurance company in South Florida through a series of mergers and acquisi- tions since the original charter was issued in 1903 to the Dade County Abstract Company. Last year its title insurance and es- crow department's business tot- aled more than $33,000,000 in property transactions. White lives in Coral Gables with his wife and children. He is a graduate of the University of Miami Law School and a member of the Florida and the Federal Bar Associations. Dade Commonwealth employ- ees more than 70 persons. In addition to its main offices in downtown Miami, at 139 NE 1st St., it maintains branches in Coral Gables and on upper Bis- cayne Blvd.

City National Increases Capital 10,000 Shares

To increase protection for its customers, and due to the great addition to deposits the past year, the stockholders of City National Bank of Coral Gables recently voted to increase its capital by 10,000 shares, it was announced by Ira F. Willard, president of the bank since Feb. 1. Gain In Deposits The bank gained 26 percent in deposits, from $9,217,000 to $11,610,000, the greatest gain in 1960 of any bank on the Gold Coast in the $10,000,000-up class. In fact, only one bank in Flori- da in this class had a greater gain, according to a survey by the Florida Bankers Association. Capital was increased to $600,- 000 and surplus to $400,000 as added security for its 8100 de- positors, Willard said. All directors were re-elected at the annual meeting of stock- holders. Robert M. Altemus was re-named chairman of the board. President Willard an- nounced to the stockholders that trust powers had been granted to the bank by the Fed- eral Reserve System, and that a new trust department would be added to the bank's service some time in March. Abess Named As an indication of the bank's growth, Allan T. Abess, Jr., was named executive vice president and cashier by the board. P. J. Valter was advanced to Vice President. Merle Graser was appointed assistant vice presi- dent. Joining the bank as Assistant to the President is R. L. Budde, 945 Hardee Road. He will head a new department for customer relations.

CHRISTIAN SCIENCE CHURCH SERVICES

Sunday Services 9:30 and 11:00 A.M. Sunday School 9:30 and 11:00 A.M. Wednesday Testimony Meeting 8:00 P.M. First Church of Christ, Scientist Coral Gables 410 Andalusia Avenue Free Public Reading Room Weekdays: 9 A.M. to 6 P.M. except Monday and Friday 9 A.M. to 9 P.M. Sunday: Reading only 2:00 to 4:30 P.M. 400 Andalusia Avenue

CORAL GABLES CHURCH OF CHRIST

Room 308 Merrick Bldg. U.M. Campus, University Drive BIBLE CLASSES 10 A.M.-WORSHIP 11 A.M.-6 P.M. RAFORD PETTY, Evangelist, Call MO 6-9864 "WE BELIEVE THERE IS A NEW TESTAMENT PATTERN FOR ALL WORK AND WORSHIP"

Combs Funeral Home INC.

WALTER H. JACK J. PAUL H. Serving Faithfully since 1896 North-east Chapel 1539 N.E. 2nd Ave. Coral Gables Chapel 1661 S.W. Douglas Rd. (37th Ave.) Paul H. Combs, Sr., Mgr. Glen H. Spencer, Mgr. PHONE FR 3-2101 DADE COUNTY'S OLDEST FUNERAL SERVICE

Insurancemen Honor Stuart Patterson

A local insurance executive, Stuart Patterson, 5815 Mayna- da, was recently honored by appointment to a committee of the National Association of Mutual Insurance Agents. Patterson is a member of the Dade County Mutual Agents Association, has previously serv- ed as its president and has long been active in the mutual fire and casualty field. The appointment was made by the NAMIA president, George R. McKiever of Miami. As a member of the Legislative Com- mittee, Patterson will serve as chairman. Patterson is engaged in the fire and casualty business at 1510A South Dixie Hwy.

Free Almanac Spans Years In Communication

Methods of communication spanning the years from ancient Persian runners to space age satellites are featured in the new 1961 Telephone Almanac, now being distributed in Miami. Copies of the booklet are av- ailable at the Coral Gables tele- phone business office, according to Bill Gale, district manager for Southern Bell. The Overland Express, mes- sages carried by gas-filled bal- loons and the first underseas telegraph cable in 1866 are other early methods of communication described in the almanac. The Biblical talent, in terms of present-day money, was worth about $6000.

Coffee, Cake On The House

Complimentary coffee and cake will be available for all visitors at University Federal Savings and Loan during a 10-day celebration marking the as- sociation's third anniversary. This event will begin March 1 and will terminate Friday evening, March 10. Fred W. Hartnett, president of University Federal, issued an invitation to the public during a press conference held in his of- fice recently. During its three years exist- ence, University Federal Sav- ings & Loan, located at Miracle Mile and Ponce de Leon Blvd., has progressed steadily to its present assets of over $9 mil- lion, and merits its reputation as one of Dade County's fastest growing financial institutions.

Honoring Presidents

So many Presidents were born in Febru- ary that we chose this month to honor all our nation's lead- ers - not forgetting God our leader supreme. MAKE GOD YOUR RULER WORSHIP 8:30 and 11:00 A.M. "Our Christ verses Communism" 7:45 P.M. "When Christ Was A Ghost" Message By Dr. Coleman 9:30 A.M., Bible School 5:45 P.M., Fellowship Supper 6:30 P.M. Training Union and New Member Fellowship Wednesday 7:30 P.M. Prayer Service University BAPTIST CHURCH RIVIERA DR. & SEGOVIA ST. Coral Gables T. Rupert Coleman,Ph.D., Pastor

ALL FORMS OF INSURANCE STUART B. PATTERSON

1510A S. DIXIE HWY. CORAL GABLES PHONE MO 5-1385

FOAM RUBBER FOR ANY PURPOSE

EWISON INDUSTRIES 2230 S.W. 8th ST. PHONE HI-8-4390

How many savings accounts should I have?

That depends on YOU! How well you manage your money...and what you are saving for...are the determining factors in deciding how many accounts you should have at Coral Gables Federal. Separate accounts for each of your major needs is the easy, practical way to "budget for the future"...before the need occurs. First and most important is your Regular Savings Ac- count, providing a general cash reserve for emergencies at any time...accumulating the down payment for a home of your own...assuring security and peace of mind for the years to come. But what about once-a-year expenses like taxes? They can take quite a "chunk" out of your regular savings... opening a Special Tax Account is a more realistic (and painless) way to meet this annual need. The same ap- plies to Christmas and Vacation money...best handled through individual accounts. And for your children, of course, you want to do all you can to help them with their higher education...and the way to do it is through a Special College Savings Ac- count. How else could you meet this future expense? So YOU decide how many savings accounts you need at Coral Gables Federal. Each account - Regular or Special - earns dividends at the current rate of 4% per annum, payable twice a year on December 31 and June 30. Accounts are insured up to $10,000 by a permanent agency of the U.S. Government. And each account en- ables you to "budget for the future"...whatever your needs may be. ASSETS NOW OVER $112,000,000 CORAL GABLES FEDERAL SAVINGS AND LOAN ASSOCIATION SEE THE OFFICE NEAREST YOU MAIN OFFICE .. 2501 Ponce de Leon Blvd., Coral Gables HOMESTEAD .. 1101 North Krome Avenue WEST MIAMI .. 6400 Southwest 8th Street PERRINE .. 701 Perrine Avenue BIRD ROAD .. 9843 Southwest 40th Street All Offices Open Monday Evenings 6:15 to 8:00 p. m. PERRINE and BIRD ROAD OFFICES ONLY Also Open All Day Fridays 9 a. m. to 8 p. m. GEORGE B. CASTER, President CURRENT DIVIDEND RATE 4% per annum