Word: frankford
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...different kind of savings institution emerged with the founding of the Oxford-Provident Building Association in Frankford, Pa. This forerunner of the modern savings and loan was created to give loans for home building. Over the years, the two types of thrift institutions -- savings banks and savings and loan associations -- became very similar, and both pursued the same primary goals: catering to small depositors and granting home mortgages. Commercial banks concentrated on business lending and had the legal power to make a broader range of investments, from oil ventures to foreign loans...
...America? An abandoned Air Force radar installation station on an acre at Cottonwood, Idaho, could be just the ticket. Prefer something in the East? The 105 acres adjacent to the Saint Albans Air Force Station in northwest Vermont might be worth a look. Feeling urban? The Frankford Arsenal, an 87.7-acre complex of 167 buildings, sheds and loading docks in Philadelphia, has all kinds of possibilities. The sale will offer property in every state but Alaska. Real estate dealers with a bankroll and real estate dreamers without one are sure to be enthusiastic over the choicer parcels. Some enticing examples...
...very least, "I Am You" will put a lump in your throat; if you've been in love and aren't now, it'll tear you up. Thus it's a good thing that the next cut is the joyously idiotic "Frankford El," an energetic country tune with inane lyrics. "Raspberries," which finishes the album, sounds at first like a lot of wasted energy, but proves, when you're used to it, to be quite interesting...
When the first U.S. savings and loan association was founded in Frankford, Pa. in 1831, its strait-laced directors levied stiff fines on members who got drunk at meetings. Today's savings and loan associations have a somewhat different problem: they have grown almost too fast for their own good. The industry's 6,277 associations in 50 states serve 35.5 million U.S. savers (average account: $2,499) and make 46% of all home-mortgage loans in the U.S., nearly three times the number made by commercial banks. Next month the total assets of the industry will...
...world tour. Then he came back, post haste, as the scandals grew. One contractor said he had been asked to pay $2,500 to get a city council zoning change. Another bragged that he had paid out $75,000 in payola to city officials to get contracts for the Frankford Elevated. Coin laundry operators said they paid $4,000 to avoid new laundry regulations. Dilworth tearfully-and. so far. successfully-argued against a grand jury investigation...