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Local banks are reopened

• Mar 7, 2017 at 8:00 PM

March 7, 1933

The top stories in the Norwalk Reflector-Herald on this date 84 years ago:

 

Local banks are reopened

Acting immediately to give the community the advantage of relaxed restrictions of the federal banking holiday, local banks were open today prepared to receive new deposits in accounts opened last week and to cash checks against them. They are also privileged to make change.

Right at the beginning these new accounts were segregated by local banks under the plan whereby such funds are not loaned or reinvested and are kept available for withdrawal or use upon demand.

It is interesting to note that modification of federal restrictions has in several instances been directly in line with steps which local banks were taking here last week prior to the national holiday.

 

Joe Cummings stays in parked motor car about 16 1/2 hours

Joe Cummings of New London, who is charged with remaining in his parked car on the Milan Road a short distance north of the city from 4:30 a.m. until 9 p.m. yesterday, has been fined $25 and costs by Justice Earl W. Clark. He paid. Cummings was charged with parking on a state highway contrary to law.

 

R-H plans use of scrip

The Reflector -Herald plans to inaugurate the use of scrip in Norwalk this week.

Employees will be partially paid in scrip of $1 denomination, this scrip is to be presented to any of the mercantile establishments using the advertising columns of the Reflector-Herald in payment for goods.

The advertising in turn will be able to use this new scrip in the payment of his advertising account. He will present the scrip together with cash or check for the balance due on account, if any, and be given full credit for any amount of scrip he turns in up to the amount he owes. It may also be exchanged between merchants on the same bank.

The merchants to whom the plan has been explained so far are very enthusiastic about the idea because it is not complicated, there are not penalties in the way of tax, the merchant disposes of his merchandise to R-H employees and is able to pay the R-H with scrip rather than to use his available cash.

 

Shakespeare Club met last night

Mr. and Mrs. J.A. Strutton, assisted by Rev. and Mrs. C.H. Gross, graciously entertained the members of the Shakespeare Club last evening at the Strutton home on N. Pleasant St.

The subject of current events was ably handled by Mr. Don Young, who told of the work of counterfeiters, bootleggers, tips on racing news, jigsaw and cross-word puzzles and several other topics.

Prof. C.C. Patterson talked on the local problem of city schools. He stated that the school budget is financed entirely from taxation on real estate in Norwalk, which has dropped from a value of fourteen million dollars now thus making the amount for schools considerably lower.

Following the program a social hour was enjoyed during which delectable refreshments were served.

The next meeting of the club will be held on Monday, March 20, at the home of Mr. and Mrs. Ray Craig on East Main Street.

 

Roger Luxon is new secretary of Fitchville Grange

FITCHVILLE — FItchville Grange met in regular session Friday evening, March 3rd, with a fine attendance of members with Mr. and Mrs. Powles of New London Grange as guests. Twelve officers were present with just one absentee,  Master Earle presiding.

After short business preliminaries a very impressive and solemn service was rendered by the Chaplain Ceres, Ass’t. Steward, Lady Ass’t Steward, and Steward, in draping the Charger for the late Frank Marett and Frank Weaver both members having passed away  since the last meeting. Mrs. Arthur presided at the piano during the entire evening session.

The passing of F.M. Weaver left the office of secretary to be filled at this time. An election was held, resulting in the choice of Robert Luxon as secretary for the ensuing year. Mr. Luxon was duly installed at once for the duties of his office by County Installing Officer, Past Master Griffin and his assistants.

 

Coming Wednesday — March 8, 1933: Average age of death is 64.4 years

— Compiled by Andy Prutsok

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