C
Would 00 well k> . H
for ani 00ing for
Corporatio and iOOivid
frool aD walks oflifc in H tondug
int> ttCr k> provide fuJm 10
that tl1: Republicam' con
ven1ion would be a
HU��m1cNk��m�
1D pera:nt Black city had pledged
$43 I11i1OOn 10 pay for expe
su:h � � layout of �
00fMl1ti0n. TIl: peopl from �
city hit Black Eru!rprise calls "Ore
of America ' Best Oties for Blacks,"
1m exhibiled tre foresight that
�uiItdi
In 1�, tl1: Asnooorre Om
vention �uOOerweI11a$110
I11i1OOn ICmvation 10 enlarge i ize
anl vasatility so tmt it oould �ttna
f1J!e� su:h � Rep\blican
National�
JbneofB Gold,anl nick-
l1BJ1I:d tl1: nation's emgy �tal,
beea of i1s petroleum prowess,
am lm"pegged S� ety, be-
IN 1HE HFAUY days 0 tl1:
oil boom of tl1: 1a1C 1970; aoo early
1�, the city seemed on an
_ ecommiclu:kystreak, ueeeoromy
beaune 00tIcr than an Aug\5t atkr
moo. Regtet18bIy, tl1: city's Cor
tl.ns were � �ly tied to oil.
WlI:n tl1: emrgy iOOlBtry statrd i�
down-tum in tre 1� Hou;ton's
fortuI1:s lradc:d South es well.
But, ratb:r than l� down anl
playing victim 'and oontplaining
aOOut � problems, l-k>tmniarJ;
began toCOtrentr"teon � busin:ss
of a future. Hou; n's strength is in
tre medical field Tre Texas Medi
cal Center is the city's largest
employer and highly respected
aroum �world Spare techoology
was � bringing with it rew
bisiresses aIX1 employees.
Houston's oomplete recovery
was 00IJ: in a matter of live years,
and is <hi: to an eeoromc diver
sification into biotechnology,
aera;paa; high techmlogy, anl
manufacturing ind\.5tries. As a
resultofttm�on, Hou;tontm
rrore than IeCOVeItd all of � jobs ,
. �during tre recession years of�
mid-1� am tre region has rrore
people employed. today than in-tre
�ight 0 Ire boom days in 1�
Today, � Bush's �1ed
lD'Il:town is a �oroorporate cen
tcranio1l:of�oountry's principle
cities for Blocl<s. Seveneen corn
panies on tl1: FoI'tlJre 500 list, 21 on
� Fornes 500 list am 11 on �
� SeIVice 500 oofl1Jiliation
tJlve eorporae h!adquarters in tre
city.
Six of mt years Fortunate 100
Fmtest Growing Chmpanies are
1raJquanered in Ho\.5ton. TIl: port
of HOl5'k>n is tre world's sixth
busiest in �nm 0 tonnage, aOO tre
city dominat:s US. oil am gas ex
ploration.
TWO AFRICAN
AMERICAN wro are in step
withHo ton'. "cando"attitudeatc
Sormy �iah 0 the Ho\.5ton
Defernr �r and F'Iirre1
Gillwn 0 tre Texas Printing Com
pany. These. two, along with
huOOreds 0 ptlu B � are part 0
til; fabric that make this city wrole.
1h! "am do" spirit 0 � people
of � city, am i rometown can
dida , are tre �ns they'� been
Ie to p r �n during �
�oftimes. .
BUSINESS FINANCE
To find out if you
tuf to in b in
th que tion :
- Do I h ve enough
id nce?
ri t
you If
elf con-
n entrepreneur, you m t
believe in you If.
- Do I h ve the confiden e in
my ideas?
You c n' t ell nything you
ould not buy.
- Am I willing to m ke
crifice ?
" 0 p in, no gain."
-D I recognize opportunity?
How c n thi wor for me?
- Am I deci ive?
You have to be, you're on your
own.
- Am I willing to le d by ex
ample?
Don't expect your employee to
Partner hlp
A partnership is defined as an
as ociation of two or more persons
who carry on as co-owner of a
Incorporation
Forming a corporation i no ea y
propo ition. You'll n ed the a i
tan e of an attorney to et one up.
The major advantage are: With
incorporation, it is much easier to
raise capital through loans and the
issuance of stock and bonds. Per-
onalliability will be limited to the
am unt of your inve tment.
It' important to 0 that tb
corporation i perpetual, livin on
beyond it founder' illne or
de tho
Other adv nt ge include the
v ilability of corporate enefl
uch ions, comp ny nd
health nd life i urance.
On th down ide, corporatio
involve more p perwor , requiring
an additionl inve tment in time, nd
ometime money. Even the he d
of the corporation, you have I
. personal control beca e you h ve
to answer to toe holders nd a
bo rd of directors.
Charles Ros is the host of the
nationally syndicated. radio pro
gram, "Your Personal Finance"
and author of The Best of Your Per
sonal Finance.
By LEN MOR PUBLICATIONS
Heal th Observances Coming Up
in Octob r Health ob ervance are
special months, week, or days
devoted to promoting particular
health concern. Community
group , teacher , health profe -
sionals, church clubs and others can
use th e special events to launch
health promotion activitie , stimu
late awaren of health ri ,or
focus on di ease eradication.
Free materials available. For ad
ditional information or orne of ftlese
materi Is pie contact the sponsor
ing organization li ted below. All of
the e ob ervance occur in tho
month of October 1992.
- DR t C neer A arene
Month. National Alliance of Breast
Cancer Organizations 1180 Avenue
of the Americas 2nd Floor New York
NY 10036 (212.) 2210:3300.
A TIN: Public Affairs Desk.
Pamphlets, po ters, kits, brochures
are available.
- Family Health Month.
American Academy of Family
Physicians 8880 Ward Parkway
Kansas City MO 64114 (800) 274-
2237. AnN: Pub.ic Relations Of
fice.
- October 4-10, National Fire
Prevention Week. National Fire
Prevention Association 1 Bat
terymarch Park Quincy MA 02269
(800) 344-3555; (617) 984-7270.
ATTN: Public Affairs Department.
Materials, kit, posters available.
- October 5, Child Health
Day. Department of Health and
Human Services, Maternal and
Child Health Bureau, Parklawn
Building Room 912, 5600 Fishers
Lane Rockville MD 20857 (301)
443-3163. ATTN: Deputy As
sociate Director
- October 11-17, National
School Lunch Week. American
School Food Service Association
1600 Duke Street 7th, Floor
Alexandria VA 22314 (703) 739-
3900. A TIN: Communications
Desk. Posters, pamphlets available.
How the Military Will Help You
Pay for College by Don M. Better
ton. This book contains extensive
information about scholarship and
financial aid opportunities for stu
dents going direcny to college after
high school, including the service
academies, ROTC programs, and
. other pecial programs, as well as
about scholarship and tuition-pay
ment programs available to members
of the Armed Forces. It's now avail
able at your local bookstore .
- Scholarships and Loa� In
Nursing Education. Available for
$10.95 plus $3.00 po tage and han
dling fee from the League of Nurs
ing, 350 Hud on Street New York
NY 10014 (212) 989-93?J.
- Fin nelal Aid for Minorities:
Awards Open to Stu ents with
Any Majors. This publication lists
financial aid sources for minority
students in any major field. Avail
able for S4 from Garret Park Press
PO Box 190 Garrett Park MD 20896
(301) 946-2553. Discount available
for quantity orders ..
- Child Abuse, Neglect and
. Family Violence are all too
prevalent in our communities. Com-
'i
c
munity organizations, religious in
stitution , education center,
profe ional ocieties, community
groups and others are plenty con- .
cemed about these ocial is ues in
our community.
A book bas been complied to as
sist you in finding funds to 0 tablish
and implement such family violence
programs.
For your free copy of fA Guide to
Fund Resources for Child Abuse de
Neglect and Family Violence
Programs' sent your requ t to the
Clearinghouse on Child Abuse and
J}ect Imom�",
W hington DC �0013 (703) 821-
2086.
(Note: this is a Virginia
telephone number)
- Overview of Pregnancy. We
all know omeone who is pregnant.
There are many sources of free infor
mation featuring guidelines for
prenatal care that can be used to sup
plement professional advice. The
need for pregnant women to obtain
early and regular prenatal care can
not be overemphasized. Single free
copies of these select publications
are available upon request.
Be Good to Your Baby Before It
is Born (Also available in Spanish,
Guide Bein a Su Bebe Antes de que
Nazca) Topics include nutritional
needs <Juring pregnancy, weight
gain, commonly encountered
problems' warning signals, and in
dications for specialized prenatal
care.
Advantages of childbirth prepara
tion classes and what to expect
during .labor and delivery are dis
cussed. Source: March of Dimes,
Supply Division, Birth Defects
Foundation 1275, Mamaroneck
Avenue White Plains NY 10605
(914) 428-7100. '
When you get loan,
beware of the credit life in-
urance cherne. Credit life
in urance pay the balance of
your loan hould you die. It i
u ually financed a part of
your loan.
Credit life i overpriced by
up to 800 percent. Up to 60
percent of the premium go
commi into the lender. It i
again t fed ral law for anyone
to require that you take credit
life unle the co t i includ
ed in finance charge nd in
tere t rate. which violate
. " \lCY law In �y tares. >
CrediJ �i�) .form of
decreasing term in urance,
meaning th longer you have
it the Ie it i worth. If you
finance 18,000 for an
autom bile and die the fir t
month, the in urance would
pay ff the full am unto The
la t month of the I an the
am unt paid off would be one
month' payment.
Credit life pr tects the
financial in titution and n t
y ur heir . If Y u feel trong
Iy about having your loan
paid off if y u die, buy inex-
pen ive I vel term in urance. .
Your prerni ms . i\r. .!Hifllf
much a nperee\ft� y�' '11
"you hundred of dollars a
year. Total up the loan you
would like paid off and dd
that amount to your level term
life in urance policy. Then
add a clau to your will re
quiring the loan be paid.
If you have credit life on
your loan , cancel it. Go to
the financial in titution or car
dealer th t m de the loan nd
y, "Chuck Given told me
to get thi tra h off my loan.
Would you take care of it for
me, plea 1" After the initial
hock and two or three ex
,. cHse :to will � the job
.'
You want thehouse.
You want low rates.
t I
This report reviews the tatus of .
minority participation. Available
from lA;:'. Mor Publications PO Box
75035 Washington DC 20013 for S4
to cover postage and handling.
, Or visit any BD branch.
We want your business ..
There couldn't be a better time to buy a home. Interest rates are low r than
they've been in years. And there couldn't be better bank to help you buy one
than NBD. ot only are BD' rates competitive, we offer a wide variety of
mortgage products. And if you have some special requirement, like a low down
payment or flexible interest rate . our mortgage p dali ts will work with you
to tailor a loan to your needs. So, if you want a house, we want your business.
1800 CALL BD.
•
. - Good Beginnings for Having
Healthy Baby Source: Georgia
Department of Human Resources,
Office of Nutrition, Georgia WIC
program 878 Peachtree Street NE
Room 218 Atlanta GA 30309.
Help Your Baby to a Healthy
Start include topics on weight gain
during pregnancy, proper nutrition
during pregnancy, and exercise. A
food guide is include also. Source:
WIC Supplemental Food. Branch
1103 North B Street Sacramento CA
95814.
- Peace Corps: Progr In
Minority Repre entation. In May
1990 it was recognized that only
about seven percent of Peace Corps
volunteers were minorities and that
recruiters had not been provided the
incentives or tool to achieve
minority recruitment goals.
This report of the General Ac
counting Office (GAO) responds to
Representative John Conyers, Jr. (D
Michigan) request that GAO review
the Peace Corps' progres in increas
ing its minority representation -
both for volunteers and staff.