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...folksy and businesslike, he denied the Government's charges that he had misapplied bank funds and filed misleading financial records to obtain about $1.3 million in loans. He stoutly defended his banking practices, reminiscing about the lesson he had learned in his first banking job, as a $90-a-month teller at the Calhoun (Ga.) First National Bank. One of his customers, Elsie Goforth, regularly put up a Guernsey cow named Spot as collateral on $100 loans. Once she defaulted and, to Lance's horror, showed up at the bank to surrender Spot...
...turned to an attorney, who sought shelter for them under the recently overhauled federal Bankruptcy Act. The Hobsons paid a $60 filing fee, and soon afterward a judge approved a three-year plan calling for repayment of 16? on every dollar owed to unsecured creditors as part of $150-a-month payments that also cover the secured creditors. Under the plan's terms, the couple will still be able to afford a $140 monthly tithe to the Church of Jesus Christ of Latter-day Saints...
...such as New York, Chicago and even Kansas City are far below the 5% to 8% that Realtors consider is needed for renters to have a reasonable choice at a fair price. So tight is the market in Manhattan that as an old woman lay dying in her $400-a-month, two-bedroom Gramercy Park apartment, 374 people signed up for the prospective vacancy. It was rented for $1,600 not 15 minutes after she was pronounced dead...
...women, 300 Hispanics, and 200 blacks to state posts. And Brown has shown imagination, proposing creative solutions conventional politicians would not even consider: he sponsored a plan to underwrite physician's malpractice insurance in exchange for a guarantee of medical services to the poor, and demanded the same $65-a-month pay increase for all civil servants, janitors and judges alike...
...competition, the 1980 Games involved no large-scale dislocation of the town's citizens, as happened in Montreal during the 1976 Summer Games. To be sure, a certain amount of displacement has occurred. A young clerk for the Lake Placid Organizing Committee was bumped from her $300-a-month apartment so that the landlord could rent it during February to wealthy snow bunnies for $4,000. Another story making the rounds has houses being purchased for $75,000 and rented for half that figure for the 13-day duration of the Games...