. \\II and. Associates 502 W. 15th Street Austin, Texas 78701 \(r5 REALTOR Representing all types of properties in Austin and Central Texas Interesting & unusual property a specialty. 477-3651 E i5 g innys ‘ COPYING SERVICE Copying Binding Printing Color Copying Graphics Word Processing Austin Lubbock San Marcos Good books in every field JENKINS PUBLISHING CO. The Pemberton Press John H. Jenkins, Publisher Box Simply the best record shop in the state of Texastry us first for hard-to-find, local and regional records, lowest prices 0 4″ 0 41/40 504 west 24th \(Austin, texas 472-9459 111111111111111= 1607 San Jacinto Closed Sundays 477-4171 A Texas Tradition Since 1866 No games, no gimmicks, no loud music. Just good conversation with the most . interesting people in Austin. And the best of downhome cooking. 18 NOVEMBER 28, 1980 said bank-holding companies were not really branch-banking companies. But as any sentient citizen could see, that was like selling white lightning in jelly jars and calling it unjelled apple juice. In fact, unmanned tellers that dispense cash were already showing up this fall in many locations. And soon, according to the president of American Bank in Austin, John Tolleson, the banks in the Dallas-based holding company of Mercantile Texas Corp. will have the devices in every Safeway in Texas. The way the banks avoided the branch-banking statute in this case was by listing the teller machines as being owned by a company called Affiliated Computer Systems. Which company is owned by Mercantile Texas Corp., of course. When the newly approved amendment takes effect in August 1981, however, the machines will be empowered not only to make withdrawals but also to accept deposits, draw lines of credit, pay on loans and transfer funds between accounts. Leonard Passmore, general counsel for the Texas Bankers Association, said he thought “the message finally got through that it’s really just a matter of convenience.” Some check artists, however, say it was just a way for the voters to send the message that they’d like to feel closer to their money. Since they’ve been leaving so much more of it at the grocery checkout counter anyway, they might as well take care of the car payment and the roof and siding lien at the same time. Results on four other important amendments were mixed. On judicial matters, the proposal to give the state and criminal defendants the right to appeal pre-trial rulings was defeated but broadening of the workload of the Courts of Civil Appeals to include all criminal cases was approved. And with regard to gubernatorial powers, an amendment granting the governor the power to remove his own appointees, with the concurrence of two-thirds of the State Senate, was approved, while an amendment that would have given the governor more budgetary control was defeated. Reading the tea leaves in the latter results left some political observers crosseyed. But the brave among them reported that it all boiled, down to a basic affection for the governor that stopped short of giving him any more say over our daily lives. But then the governors of Texas by this time should have gotten used to weak tea. L.J. e -4 .106.09045S.
You May Also Like
The Texas Rangers are tasked with investigating corruption and crimes by public officials. Those officials are rarely held accountable.