Word: paragould
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That winter, 1st Ozark wasn't the only bank seeking the Clintons' disclosure statement. Security Bank of Paragould, the lender of the money for the Hillary house, had also written Hillary asking her to "complete the enclosed financial statement" in order to extend the Paragould loan. Such a document in Security Bank's files is signed by both Bill and Hillary Clinton. The form lists the same asset values as the one submitted to 1st Ozark, and carries the instruction, "Do not include assets of doubtful value." The statement concludes with the admonition that "each undersigned represents and warrants that...
Toward the end of the year, the house sale closed, and in December Hillary used the proceeds to retire the Paragould loan. But her wish for Whitewater--to "get all that behind us by the end of the year," as she put it in her letter--went unfulfilled...
...prospects was soon drawn into question. In August 1982, a loan officer at Madison wrote Hillary that she was past due on paying back the loan McDougal had got for her to finance the model home. Eventually Bill Clinton himself borrowed over $20,000 from the Security Bank of Paragould, whose former president, Marlin Jackson, was Clinton's bank commissioner, and applied the proceeds to reduce Hillary's debt. (That amount, however, did not wipe out her debt entirely. It isn't clear who paid off the several thousand dollars remaining, but Madison Bank retired the loan.) Jackson was aware...
...giving R.W. Thurman a flat top the other day, while Chester Hickle, his baldness concealed by a Harry Truman-style hat, carved on a stick. R.W. was explaining that he still lives in Paragould, 153 miles away, while his wife lives in Marshall, where she was born. Three years ago, after 24 years of marriage, R.W.'s wife decided to come back to where she was from. R.W. sees her frequently, but he cannot move himself to be by her side always. "I got things back there I just can't turn loose of," he says...
...against the third-term issue, found that voters had accepted the calculated Faubus definition of the campaign: show the "outsiders," including President Eisenhower and "the Yankee press," that Arkansas does not want integrated schools. With the courage to win or lose on horse sense, Chancery Judge Lee Ward of Paragould (pop. 10,000) grimly contrasted his own law-and-order segregationism with the "bullet and bayonet approach" taken by Faubus. "Orval Faubus stands today on the brink of treason," said he in an election eve TV speech. "Is it war between Arkansas and the United States?" But early election night...