BOW WILLIAMS Automobile and General Insurance Budget Payment Plan Strong Stock Companies GReenwood 24541 04 LAMAR, AUSTIN UV, Abolish the Pell Tax! Slander and Salt Sirs: You can be justly proud of the whole January 16th issue. It contains the suggestions of reforms which would place this state among the top instead of the bottom in many important aspects. They are stated very concisely and well. It seems unfortunate that there should be any flaws in the statements made, but I must call your attention to a couple which concern the medical branch at Galveston. The assertion is made that in order to enter the medical school, it is necessary to know someone. This is an unjustified slander. If you do not know the painstaking analysis that precedes acceptance of any student here, you should come down and talk with Dr. Earl. I have been here 31 years and deny knowledge of favoritism. The other item concerns the report of the Committee of 75, which must be taken with considerable salt. The allegations concerning the status of the medical branch have for the most part been precisely what we have stated year after year in order to get the Regents and the Legislature to support one medical school properly before they launch others. The state has said they will not support a state general hospital either here or elsewhere, and that includes San Antonio. Unless the medical school controls the hospital, it is impossible to regulate standards of practice. There is a good deal of Houston bias in that report. If you continue to set yourselves this very high standard, there is no question about your status in this country. I have noted the quotes in Harper’s, Time, Progressive, etc. It has been a pleasure to have had a small part in the publication through the articles on migrant labor some years ago. John G. Sinclair, University of Texas Medical Branch, Galveston. Member of the Piano Technicians Guild, Inc. Douglas R. Strong PIANO TECHNICIAN Tuning, Repairing, Rebuilding JAckson 3-1276 1108 Harold, Houston 6, Texas \(The paragraph in the mental hospitals story to which Dr. Sinclair addresses his first exception read: ” ‘You have to know someone to get into medical school’ is a truism that has severe ramifications in the current doctor shortage in public mental institutions.” The statement was not associated by reference or context with the Galveston branch. We are pleased to record Dr. Sinclair’s testament to the lack of favoritism In One Place Sirs: Thank you for your excellent issue on “The Issues.” It constituted the finest statement of this state’s legislative needs that I have seen assembled in one brief format. \(And this is a year replete with legislative and advisory reportssome of which are quite state senator and each of my state representatives. J. D. Frazee, 1509 A West 35th Street, Austin. The Wise Conservative Sirs: The issue on issues was extremely fine. “And This: What a Wise Conservative Knows” should be distributed to everyone, voter and non-voter, in the state. John Irsfeld, Austin. Bless You, Too Sirs: I was so happy to read your “Ideas: An Issue on the Issues.” I am asking you to send me eight extra copies to give to some of my friends. Bless you. This issue contains the noblest stands I have ever dreamed of. Bessie Byrd, 5532 Lester Gran, ger Dr., Ft. Worth 12. Insurance Ramifications Sirs: My compliments on the January 16 issue of the Texas Observer. I am carefully saving my copy. Some of your editorials are easier to read than to understand, and I am going to need some time with them …. On page five of the issue you said: “The new overdue life insurance table should be adopted immediately, whether the national insurance association approves or not.” I agree, butthe thing is a two-edged sword. Lowering the rates by means of a new table will not lower the actual death rates. Unfortunately the mortality table used automatically sets the reserve which the companies must maintain to pay death claims, and if a new table is adopted, it will lower the reserve funds required of the companies. This works against If you don’t read the Rails Banner, to hell with you. Ernest Joiner Editor, Ralls Banner AlVtlYWWWWWWWWVVVVNAMAIWWWWWV Over $110 Million Insurance In Force at Joatf,46,ioa INSURANCE COMPANY P. 0. Box 8098 Houston, Texos policy holders’ interests, of course. The actual net result of a new table will be merely to allow withdraw hundreds of millions of dollars out of the reserve funds and transfer them to surplus. Safety for policyholders might not be endangered by large withdrawals from surplus by huge companies, but could one say the same about the smaller companies? Anyhow, the new table will not reduce rates on ordinary, limited pay, or endowments sold by stock companies. Only term rates stand any chance to be reduced by a new table … On the other hand a new table with lower rates might lead to higher premiums. It did in 1948 … because the companies seized the opportunity to reduce interest assumptions at the same time. Interest rates have enormously greater influence on ‘premiums than mortality table rates, because mortality costs form such a small part of the premium on any cash value type of policy. A new table will not affect the premium rates on any policy issued by a participating or mutual company. This is true because the companies operate on the theory that whatever amount they collect … in excess of the actual costs … will be returned to the policyholder as a dividend …. The real reason the smaller stock companies have forced the new table is that in their mad rush for new business they have written billions of dollars worth of “leader” type policies with gross premiums below the “net level premium” required by law for that particular policy …. Thus, hundreds of companies have hundreds of, millions and even deficiency reserves. A new table will have the effect of releasing these huge sums to themand removing them from safety storage for policyholder claims. Can this be good? Homer B. Adams, 2314 Tangley, Houston 5. \(Incidently, the new CSO table has now been adopted by the National Association of Insurance LEGALS NOTICE of Intention to Incorporate a Firm Without Change of Name TO WHOM IT MAY CONCERN: Notice is hereby given that Texas Refrigeration & Engineering Company, 158 Express Street, Dallas, Texas, formerly a sole proprietorship of Frank M. Angus, Dallas, Texas, shall be hereafter conducted by a corporation under the same name, Texas Refrigeration & Engineering Company, a Texas corporation. TEXAS REFRIGERATION & EN-GINEERING COMPANY. by FRANK M. ANGUS THE STATE OF TEXAS To any Sheriff or any Constable within the State of Texas Greeting: You are hereby commanded to cause to be publishd, ONCE, not less than ten days before the return day thereof, execlusive of the date of publication, in a newspaper printed in Travis County, Texas, the accompanying citation, of which the herein below following is a true copy\(but if there be no newspaper so printed Subscribe to The Observer 504 West 24th, Austin in said county, then that you cause the said citation to be posted for at least TEN days before the return term thereof as required CITATION BY PUBLICATION THE STATE OF TEXAS TO ALL PERSONS INTEREST-ED IN THE ESTATE OF Adela Palm Bergstrom, Deceased, No, 19,199, County Court, Travis County, Texas. John Henry Johnson, Executor, in the above numbered and entitled estate, filed on the 26th day of January, 1959 his ,verified account for final settlement of said estate and requests that said estate be settled and closed, and said applicant be discharged from his trust. Said application will be heard and acted on by said Court, at 10 o’clock A. M. on the first Monday next after the expiration of ten days from date of publication of this citation, the same being the 16th day of February, 1959, at the County Courthouse in Austin, Texas. All persons interested in said estate are hereby cited to appear before said Honorable Court at said above mentioned time and place by filing a written answer contesting such application should they desire to do so. The officer executing this writ shall promptly serve the same according to requirements of law, and the mandates hereof, and make due return as the law directs. Given under my hand and the seal of said court at office in Austin, Texas, this the 27th day of January, A. D. 1959. Emilie Limberg Clerk of the County Court, Travis County, Texas, By M. Ephraim, Deputy THE STATE OF TEXAS To any Sheriff or any Constable within the State of Texas Greeting: You are hereby commanded to cause to be published, ONCE, not less than ten days before the return day thereof, exclusive of the date of publication, in a newspaper printed in Travis County, Texas, the accompanying citation, of which the herein below following is a true copy\(but if there be no newspaper so printed in said county, then that you cause the said citation to be potsed for at w l east TEN days before the return term thereof as required by la CITATION BY PUBLICATION THE STATE OF TEXAS TO ALL PERSONS INTEREST-ED IN THE ESTATE OF James Herbert Barber, Deceased. No. No. 18,932, County C o u r t, Travis County, T e x a s. T h e Austin National Bank, Administrator in the above numbered and entitled estate, filed on the 19th day of January, 1959 its verified account for final settlement of said estate and requests that said estate be settled and closed, and said applicant be discharged from its trust. Said application will be heard and acted on by said Court at 10 o’clock A. M. on the first Monday next after the expiration of ten days from date of publication of this citation, the same being the 16th day of February, 1959, at the County Courthouse in Austin, Texas. All persons interested in said estate are hereby cited to appear before said Honorable Court at said above mentioned time and place by filing a written answer contesting such application should they desire to do so. The officer executing this writ shall promply serve the same according to requirements of law, and the mandates hereof, and make due return as the law directs. Given under my hand and the seal of said court at office in Austin, Texas, this the 21st day of January, A. D. 1959. Emilie Limberg Clerk of the County Court, Travis County, Texas, By M. EPRAIM, Deputy CITATION BY PUBLICATION THE STATE OF TEXAS To Deirdre Foster Cardinal, D e f e n d a n t, in the hereinafter styled and numbered cause: You are hereby commanded to appear before the 126th District Court of Travis County, Texas, to be held at the courthouse of said county in the City of Austin, Travis County, Texas, at or before 10 o’clock A. M. of the first Monday after the expiration of 42 days from the date of issuance hereof; that is to say, at or before, 10 o’clock A. M. of Monday the 23rd day of February, 1959, and answer the petition of plaintiff in Cause Number 112,266, in which Douglas Joesph Henry Cardinal is Plaintiff and Deirdre Foster Cardinal is defendant, filed in said Court on the 21 day of November, 1958, and the nature of which said suit is as follows: Being an action and prayer for judgment in favor of Plaintiff and against Defendant for decree of divorce dissolving the bonds of matrimony heretofore and now existing between said parties; Plaintiff alleges cruel treatment on the part of Defendant toward him of such nature as to render their further living together as husband and wife altogether insupportable; Plaintiff further alleges that one child, born of said union, is now living with defendant who is the proper person to be awarded its care, custody and control and for which Plaintiff prays judgment; Plaintiff further alleges that the parties own no community property; All of which more fully appears from Plaintiff’s Original Petition on file in this office and to which reference is here made for all intents and purposes; If this citation is not served within 90 days after date of its issuance, it shall be returned unserved. WITNESS, A. T. MARTIN, JR., Clerk of the District Courts of Travis County, Texas. Issued and given under my hand and the seal of said Court at office in the City of Austin, this the 5th day of January, 1959. 0. T. MARTIN, JR. Clerk of the District Courts, Travis County, Texas. By GEO. W. BICKLER, Deputy. CITATION BY PUBLICATION THE STATE OF TEXAS TO
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