6
T HE DETROIT JEWISH NEWS — Friday, April 13, 19 62 —
Va. Governor Signs Bill Revoking Nazi Charter
been preferable to ignore the
RICHMOND, Va., (JTA)
Governor Albertis S. Harrison;group," the Virginia chief ex-
has signed a bill passed by the ' ecutive said that, in effect, all
the legislature accomplished by
state legislature here revoking passage of its bill" is to deny
the charter of the American the Nazi party the status of a
Nazi Party, but declared in a Virginia corporation."
statement issued after the sign-
However, since the measure
in;_* that the Nazi party will still had been adopted, the Governor
he able to use the word "Nazi" stated, he would not "substitute"
his judgment and opinion above
in its organizational title.
Stating that "it would have that of the legislature.
Jewish Committee Blasts Far Right
A batch of 1,300 swastikas,
costing $29.64, was taken out of
circulation this weekend by the
head of a manufacturing firm
in West New York, N.J., which
had made the Nazi symbols on
the order of souvenir merchants
—then found himself picketed
by trade unionists who objected
to the "insidious" emblem.
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NEW YORK, (JTA) — The
American Jewish Committee hit
extreme right-wing movements
in this country for "preaching
fear and despair" and an unwill-
ingness "to accept the responsi-
bilities of mature citizens to
carry the burdens of free world
leadership."
The statement charged that in
supposedly defending the most
cherished American institutions,
the extreme right has chosen
methods "which surely corrupt
American's civic morality." Most
of their weapons, it said, "such
as indiscriminate name calling,
smearing of public officials and
private citizens and even reli-
gious leaders," are borrowed
from the Communists, "past mas-
ters of the strategy of infiltra-
tion, capture and subversion."
Only one state, Washington,
bears the name of a President.
Michigan's Fastest Growing Bank
CONDENSED COMPARATIVE STATEMENT OF CONDITION
RESOURCES
Dec. 31, 1960
Dec. 31, 1961
Mor. 31, 1962
$ 3,702,760.30
3,850,326.83
15,395,156.93
643,231.41
$ 8,238,904.88
5,012,259.71
23,037,363.46
1,282,260.95
$ 8,263,263.09
8,612,188.92
38,605,459.78
1,181,320.14
$ 8,401,805.52
8,537,615.55
41,332,596.48
1,260,105.37
610,661.01
118,836.37
67,085.76
29,137.82
$24,417,196.43
596,606.55
154,952.70
83,913.88
49,565.90
$38,455,828.03
576,789.53
324,221.99
111,625.54
64,619.07
$57,739,488.06
907,085.98
320,517.26
116,286.92
70,702.77
$60,946,715.85
$13,351,804.41
7,793,330.15
$21,145,134.56
$21,584,587.78
13,659,304.63
$35,243,892.41
$25,683,705.31
25,768,278.64
$51,451,983.95
$25,342,441.86
28,732,135.63
$54,074,577.49
610,661.01
9,096.55
45,962.21
67,676.70
2,000,000.00
400,000.00
206,342.10
596,606.55
9,945.29
34,779.65
165.00
2,000,000.00
400,000.00
170,439.13
$ 8,841,357.00
$24,417,196.43
$38,455,828.03
576,789.53
646,012.20
83,943.23
20,816.07
4,000,000.00
400,000.00
294,396.64
265,546.49
$57,739,488.06
907,085.98
938,237.15
72,888.46
20,172.96
4,000,000.00
400,000.00
227,075.30
306,678.51
$60,946,715.85
Dec. 31, 1958
Cash and Due from Banks
U.S. Government & Other Securities
Loans
Bank Premises, Furniture & Equipment..
$ 1,093,591.62
1,395,269.88
6,075,292.73
235,313.15
41,889.62
$ 8,841,357.00
Dec. 31, 1959
Customers' Liability on Acceptances
and Letters of Credit
Income Earned, Not Collected
Prepaid Expenses
Other Resources
TOTAL RESOURCES
LIABILITIES
Deposits — Demand
$ 4,744,415.48
2,629,264.82
Deposits — Savings and Time
$ 7,373,680.30
TOTAL DEPOSITS
Bank's Liability on Acceptances
and Letters of Credit
Income Collected, Not Earned
Accrued
Expenses
Other Liabilities
1,000,000.00
Common Stock
400,000.00
Surplus
Undivided
General
Profits
Unallocated
TOTAL
Reserve
LIABILITIES
CHECKING ACCOUNTS— Lowest Service Charges in this Area
SAVINGS ACCOUNTS No Local Bank Pays More Interest
4% INTEREST
paid on that portion of every Savings Account that remains on deposit one
year or more (four consecutive calendar quarters).
3'/2%
DAILY INTEREST
paid from day of deposit to day of withdrawal on all amounts
remaining on deposit less than one year. Deposits made on or before the tenth of any month
receive interest from the first of that month.
AUTOMATIC
SAVINGS PLAN recommended as the easiest and most convenient
way to save. Simply direct us to transfer any amount from your Checking Account to a Savings Account or
to your Credit Union Account. This we will do on the tenth of each month.
OPEN SATURDAYS 9 -1
Al'AirMBWANW ARZAWRS
DETROIT 31, MICHIGAN
Telephone WOodward 5-0505 (All Offices)
MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION