Newspapers / The Carolina Times (Durham, … / May 29, 1982, edition 1 / Page 4
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4-TKE CAr.ClKiA T1"ES SATURDAY, KAY 29. 1SS2 Anheuser-Busch Invests $25,000 In Mechanics and Farmers Bank r Anheuw-BuschCom-! strongly committed to. "panics. Inc. has placed assisting in this process,: $23,000 in a .one-year' including:--v6nomic. certificate of deposit in- development," said, vestment in thc; Smith. . Mechanics and Farmers; Certificates of deposit ; Bank. The announce- investments provide said Thayer. ' , ' Minority ; institutions r He continued. "The '"eluded in the program $5 million line of credit are selected through a reflects our. continuing ' rotational system from a need for access to exter mcnt regarding the in-, vestment in the minority owned bank was made by Wayman F. Smith, III. vice president of cor . poratc affairs and Gerald C. Thayer, treasurer. both of Anheuser-Busch. Mechanics and i Farmers is a participant 'in a $2 million invcsl jmcnt program thair Anhcuscr-Busch current- ly is conducting with 48 minority financial institutions- in certificates1 of deposit in minority-j owned' financial instiiu-j lions and prior to that had placed $1 million an-, mially for more than ten vcars. In addition to the' banks and savings and, loan ; associations with funds for reinvestment in other areas that earn in- nal sources of financing. Our certificates of! deposit, payroll accounts! and other A banking ac-l. tivities represent impor-! tant banking services) come which contributes which can be provided to . theirs financial very effectively by local development and banks, finally, we ap- economic stability. V Investments such as ours yield earnings uv these institutions That enable them to help other businesses and in-' dividual in their com-, munities." Smith noted. AnheuserBusch's long - standing -commit.;, ment to helping strengthen the economic fiber of minority com munities was marked last vear by the selection of the company's 'treasurer; prcciate the opportunity to facilitate development in areas we service with our fine products.." list of minority banks and ' savings and loan associations developed! by the U.S. Department of the Treasury. ' ' Of 101 minority banks' registered with 4 the' department, more than! 90 per cent of that total have participated with! Anheuser-Busch; Com-I panies. Inc. in the pro- gram. - ' Dedication Ceremony annual CD investments. Gerald C. Thayer to the I last vear Anheuscr- corporate ; advisory National! The Hillside High School gymnasium will be dedicated Friday, May 28, in honor of of the late Carl L. Easterling, a former coach of football, basketball and tennis for 27 years:''wTJ -r'F?r7ft The ceremonies will take place at 10 a.m., it the school gymnasium located on Concord Street. The public is invited to attend. , NW. JJ.UIIJUi.1. ft - , ' - ' . 1 t i V ,-'.Vt f Busch esiahlishcd a $5 million line of credit wilh a consortium of minority banksvv. "The importance of corpcuatc involvement in ; community development lias increased substan tially in recent years. We at Anheuser-Busch arc I -w , board of. the Bankers Association, an association of over 58 -banks which are minori ty owned or controlled. "Our relationships1 with minority banks and savings and loan associa tions arc a matter of good business practice," Scholarship Winners f i NVB ft I MfllRfnl muni i : Durham County Officials Say: . No Affirmative Action Needed Seven Hillside High School graduating seniors and one rising sophomore at the ' University of it CSS dwin Scholarship Award, tor the : 1982-83 It contains Z40 species of wtu"vj'r ' i t : u. inrongn mc cuuruiunuug uium w m iwv, Rev Francis J, O'Connor, S.J., the Baldwin Scholarship fund was established at Holy Cross Church in 1980. It is designated solely for the benefit of this Catholic church's young parishioners seeking monetary aid in furthering their education, and was made possible , through the generosity of Douglas and Aline Dunnan of Chicago in memory of Mr. Dunnan's grandfather, Donald Baldwin. Puerto Rico's Luquillo Ex perimental Foreit is the trees, only six of which grow in the continental U.S. Baldwin Scholarship recipients have traditionally .' demonstrated academic excellence, commendable ' potential for a successful college career, plus a need , for financial assistance. t - ' " : ' ,. ' . " ' v "i - , ' , This year's winners and the colleges of their choice are: (First rowil-r) Carol Nixon, A&T State University; Alicia Graham, University of North -: Carolina-Charlotte; Amelia Graham, UNO; Charlotte; Angela Graham, N.C State University; ; . (second row) James Jamison, N.C. Central Univer- . sity; Deirdre Guion, Spelman College; Michael Borden, UNC-WUmington; and Paul Perry, A&T State University. By Joseph E. Green A veteran Durham County Commissioner and the county's longtime manager both contend that county 'government needs no af firmative action program because most black ap plicants are unqualified for top-ranking county . slots. Dillard Teer, ,an in cumbent commissioner who is running for reelection, told The Carolina Times during and interview that: Durham County is not going to have an affir mative action program because it "does not need one" and that blacks will move into higher level positions in. the county once the whites currently holding them "retire or die". The affirmative action issue has been a heated one for the county recently. Commissioner Elna Spauiding says fhe county should have one, especially since blacks make up approximately 8 The Commonwealth Of The Bahamas & Bahama Tours Of North Carolina ...''..: 'I Invites You To Nassau Bahamas ' For d CIO Per Person Double Includes: Roundtrip Airfare on Delta 3 Nights at the Emerald Beach Hotel ..Tips " " ' ' '.;... . 'Nassau Airport Transfers Raleigh-Durham Airport Departure Call 682-3900 :) or write ' ' ! Bahamas Tours Of North Carolina P.O. Box 1744 504 Wildwood Drive Durham, North Carolina 27702 Ollcrl vpucs lime 10. 1MH2 ,:' : a Pending against e8WWWWMeeMn? . county. The 5S I ...I .VMV.WA I 1 thirty per cent of Durham County's population. - Meanwhile, , the absence of an affir mative action program might have cost Durham County taxpayers a con siderable amount of money. Since 1974, a suit, alleging racial discrimination has been the i suit was -brought by two black nurses in the county's health department, ac cording to County At torney Lester Owen. , Owen said the suit has been "notoriously ex-. pensive", and that , it is scheduled to be beard "i n ' federal court late next month. Nevertheless, Teer and County Manager Ed : Swindell cling to their, contentions; that ' the; county needs, no affir-j mative action program. Teer said that he is.; against affirmative ac tion and that blacks do not have high level jobs in county "government because they arc "not , qualified". ,' -We have applications; by the hundreds," but they arc not qualified." Teer said,' speaking of both blacks and whites, who . apply for countv jobs. ,vl don't like affir mative action and I don't agree with it." Teer, a construction . company executive before becoming a coun- ' . ty commissioner, said that he had problems fin ding qualified black con- tractors while workine in Resurrecting Durham Neighborhoods East End Residents: We Don't Want The City To Pass Us By Again EDITOR'S NOTE: Last year, chy planners launched a citywide neighborhood analysis, a study to determine what j can he done to stabilize Durham s city's first effort to "Resurrect- Durham 's Decaying Neighborhoods'', By Milton Jordan 'More V than twenty years ago, Ms. Callina neighborhoods and Smith helped organize enhance livability in this the East End Communi ng caught between ty Council, a economic resurgence and neighborhood organiza residentiat obsolescence, tion, to fight for city In a first effort to plan money to help improve . for . comprehensive the neighborhood. - neighborhood revitaliba- xNow, Ms. Smith,., a selected a group of north Durham neighborhoods. Bui politics : the in fluence of special in terests and the city's ooor record of dealing with residents all play worse, and maior roles in this effort. " the same. . '" neighborhood. . v not been, improved in Recently, some city of- ' such a way that it can ficials proposed to do , maintain itself." Just that with a plan to . ' . spend $1.4 million in Some Durham City community development Council members had.' .jnoney in a multiple- another idea; Faced withir iicigiiuuiuuuu piamiuig, me cast una ' proposal . ... ' a . r area that includes bast End. The proposal came from the city's planning department. "East End- is impor-... tant in the overall included in a planning;., projection for ,, what's : called the North Central ' Durham Neighborhood Strategy Area, (NSA), the council aiscussea spen- :irriiir'.' , IUI I1IV a five-part series. The Carolina Times will ex amine, in detail, the federal employee, is back home and little has changed. The neighborhood, a predominantly , black area with about . 500 residents, is-, actually the fight is East End residents want the city to help improve- and E&?E?-?!fiHn?' I? yuding . abpHt, ImlLflf the r6bfc'n at " 6tV progress monev in Fdeemnnt stabilize their because it is part of the. northern entrance-way to the city," explained Paul Norby, director of the Planning and Com munity Development Department. - "And despite the fact that this community got a little help with block grant money earlier, it still has This neighborhood, ad jacent s to downtown's eastern " edge, also predominantly black, is rated by city planners as Durham's most dclapidated community. Planners contend that it will take more than $6 million to bring Edge- i I i Here's How You Can Make More Money A, Read: Black Folk's Guide to Making Big Money in America B. Come See and Hear: George Tower-Subria. the author HE MAKES MONEY. HE KNOWS HOW TO HELP YOU MAKE MONEY DON'T MISS THIS OPPORTUNITY TO MAKE BIG MONEY IN AMERICA Mr. Subria's Durham. N. C. Schedule is: I I i June 3 . Donahue Show JUne 3 NCCU' June 4 . WDUR Radio June 5 : Holiday Inn West ; , Adm. $10 .' For Lecture Information, Contact Mrs. Lou Barnes (Program Director) NCCU Alphonso Elder Student Union 1801 Fayetteville St; Phone 683-6494 - - Channel 11 . Free Lecture Interview Seminar 9:00 a.m. 7:30 p.m. 11:00 a.m. 6:00 p.m. For Seminar Information Mr. William McLaughlin McLaughlin's Medical Arts Pharmacy 2520 Fayetteville St. Phone 683-1089 jt 1 'm" ' .1 Mr. Subira's book Black Folks Guide to Making Big Money in America has sold more than 15,000 copies, was listed on the Black Enterprise Bookshelf.' and is featured in a cover article in the June issue of Essence Magazine. The author has appeared on the Today Show, Tony Brown's Journal and will be featured on the Donahue Show. June 3 at 9 a.m. on Channel 11. WTVD. Mr, Subira has toured Washington, D C; Chicago. Detroit and New York.-; Durham headlines a whirlwmd North Carolian tour in June. ' . (Books may be purchased at McLaughlin's Medical Arts Pharmacy) WHEN YOU COME BRING A FRIEND. THIS IS A FAMILY AFFAIR. AND C0UL0 BE THE MOST IMPORTANT WEEK OF YOUR LIFE. Votes mxM FREEDOM, register and vote !..-...' .,.'-''.,; r vv. ,''-'-.'''ii. if '... v'-'fe. ';.. '' '.' h : . - i -' '-.;. - Votes mozn EQUALITY, register and vote ; 4 . Votes mm first-class citizenship, register anb vote tizin better schcols;heMjobs, better housjw AND V0TE Votes V. f USE YOUR, VOTE TO WIN YOUR RIGHTS To Vote; you must REGISTER (WW APRI, uurMm uapwr Di2s:Jitita 1,1832
The Carolina Times (Durham, N.C.)
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May 29, 1982, edition 1
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