Newspapers / The Carolina Times (Durham, … / May 5, 1990, edition 1 / Page 1
Part of The Carolina Times (Durham, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
i-WIL3 08/20/91 00000 !|!*CHWIL NORTH CAROLINA COLLECTION WILSON LIBRARY UNC-CH CB 3930 CHAPEL HILL MC 37599-3930 .UME 68-NUMBER 17 Cfp .DURHAM, NORTH CAROLINA —SATURDAY, MAYS, 1990 TELEPHONE (919) 682-2913 PRICE:30 CENTS VOTE TUESDAY, MAY 8 anging of the Guard , I rf^« ir.iin ' -it Kennedy To Retire From NCM, Bert Collins Named President T' I P /k\ im- % V ‘ ; COLLINS 'I /illiam J. Kennedy III, 67, man of the board, president tliief executive officer of North ilina Mutual Life Insurance ipany announced (Monday, his intention to retire as ident and chief executive :tr and an active employee ;tive June 30, 1990. At that he will have completed forty of continuous service at the pany, in addition to several acts of employment during his ol years. enncdy, a Durham native, has president and chief executive XI of North Carolina Mutual 1 October 1, 1972. He was first tdto the board on January 11, was elected chairman March 1979. He was last*'eleeted to a year term as a director on 22, 1989 and will continue ive as a director and chairman of the company, enncdy earned a bachelor of ite degree at Virginia State (now Virginia State ersity) and master of business lisUalion degrees from the noil School, University of sylvania and the Graduate ol of Business (now the Stem ol of Business) at New York ttsity. He also completed the -Hive Program at Stanford isity. loting his tenure as chief ■live officer, the assets of ‘ Carolina Mutual increased 5129 million to $216 million end of 1989, and total annual •e increased from $36.6 * to $72 million. Insurmce ir Increased from $ 1.4 billion to lllon, N:C. Mutual remains the life insurance company Hlnantly managed by African leans. #edy serves as a director and eltairman of Mechanics and Bank, Durham; director ll“imian of UNC Ventures, director of the Jones 1 Inc., Charlotte; Investors vninpany. Chapel Hill; Pfizer, New York; Mobil '®ion. New York and The 1 Oats Company, Chicago. % will continue to serve as a Kennedy announced also that Bert Collins, 55, has been elected by the Board of Directors to succeed him as president and chief executive officer of North Carolina Mutual Life Insurance Company, effective July 1,1990. Colhns, who is currently executive vVice president and chief operating officer, started his career with the company September 18,1967. A native of Austin, Tex., CoUins received a law degree from North Carolina Central University Law School in Durham, an M.B.A. from the University of Detroit and a bachelor of science in business administration from Huston- Tillotson College in Austin, Tex. He holds licenses as a Certified KENNEDY Public Accountant and as an attorney. Collins completed the Junior Executive Program at the University of North Carolina. Collins is a member of the Executive Committee and Board of Directors for Mutual Savings and Loan Association; Board of Trustees of North Carolina Central University; Board of Directors for NCM Capital Management Group, Inc.; North Carolina Business Advisory Board, Duke University; the Governor’s Council on the Art! and Humanities; the Nationa Board of Boys Clubs of America UDI, Inc., and is chairman of th Raleigh-Durham internationr Airport Authority. lor chairman of North Mutual subsidiaries, NCM I ^agement Group, Inc., Life Communications, Inc. ™ilwest Underwriters, Inc. * a director of American ® Ufe insurance Company, j'atdy serves on numerous of non-profit and civic a at the local, state and level, BLACK CAUCUS WANTS MASSIVE CUT IN MILITARY BUDGET WASHINGTON, D.C. — The Congressional Black Caucus released a budget calling for a massive reduction in U.S. military spending and converting the money to social programs. The cuts proposed by the 24-member caucus is nearly five times greater than those proposed by the Pentagon. If the Black Caucus has its way, the military payroll would be slashed by 200,CKX) men and women over the next*12 months. However, the Caucus proposals are not given much chance of success. But they may represent a sign of things to come as growing numbeis of Congressional members question he need for a large military now that the chance of war with the 8oviet Union has been so greatly reduced. Currently, blacks make up 12% of the general U.S. population but over 20% of those in the military. Many of them will lost jobs as military cuts gain popularity. BLACKS HIT HARDEST BY CRIME WASHINGTON, D.C. — A federal study has revealed what many African Americans already knew — blacks are much more likely than whites to be victims of crime. According tot he Justice department’s National crime Survey, the rate of violent crime against blacks is 44 per 1,000 compared to 34 per 1,000 for whites. However, blacks are twice as likely as whites to be robbery victims and nearly six times as likely to be murdered. Meanwhile, whites are more likely to be attacked and injured during a robbery. But when robbing a black person the attacker is more likely to use a gun. NEW YORK MAYOR HITS ADMINISTRATION’S DRUG WAR NEW YORK, N.Y. — The recently elected first black mayc ,f New York City hit hard at the Bush administration so-called war against drugs. David Dinkins told a U.S. Conferr- ■ of Mx. oi’ meeting in Washington, D.C., that the nation’s ciues m '& money to battle drugs but like former Preside. . Reagan, Prr r. L, -h’s policies remain "rooted in austerity and mired in inacti' Dinkins also echoed the growing view that arre i , /zili gs would never end the drug,problem, adding, "We need 1’creased employment drug treatment on demand." NIGHT OF A THOUSAND STARS — Bragtown public library was one of the sites for a program to encourage children to read. Celebrity guests were iuvited to read their favorite book to demonstrate the need for families to read together. Among those reading at Bragtown April 25 are from left to right: Jack Bond, county manager, Ms. Diane Wright, city council member, Mrs. Mary Black, county commission candidate, Edward Rayford, Dr. Benjamin Speller from NCCU. The children are Damian AUison, Shaneeka Moore, in rocking chair and Keeshia Moore, in dress. (Photo by Mayfield) County Commission Candidates Air Piatforms: Education Is Big By Donald E. Mason The ten Democratic candidates for Durham County Commissioner addressed the citizens in a public forum Tuesday night at White Rock Baptist Church. The foram, sponsored by the Durham Democratic party, was held to allow the public to meet the Democratic candidates and to hear each candidate’s political platform. The candidates who appeared at the forum were William Bell, Mary Ann Black, Doug Davis, Deborah Giles, Sid Ray, John Hamby, Becky Heron, Ellen Reckow and Issac Robinson. Also in attendance Eugene Brown. He arrived later in the evening. Chairman incumbent William Bell said that his main concerns focused on improving the education system, increasing the tax base, reducing the infant mortality rate and the school merger. Mrs. Mary Ann Black said that her platform is geared toward teenage pregnancy, education and human services." I really think that it is important to take care of the citizens of Durham," Black said. "I think that we need to make sure that we put enough money into human services so that the citizens of Durham can be taken care of," she said. Candidate Doug Davis said that the three areas of the community that he plans to focus on are health issues, employment and growth in the area’s environment. I can assure you that education will be my number one priority," said candidate Ms. Deborah Giles. " It is my belief that the best way to promote growth in Durham County is to promote growth through quality education," Giles said. Ms. Giles also said that growth which is compatible with the environment and transportation top her list of concerns. John Hamby expressed his concerns for the increasing dropout rate. "This issue concerns me the most," Hamby said. "We’re not spending enough time on this issue," he said. Hamby said that a finance plan and a land use and growth plan should be implemented into the Durham County government this year. Democratic hopeful Mrs. Becky Heron said that the issues tltat concerned her most were education, social services and balancing growth and environment. " 1 oppose school merger," said candidate Sid Ray. " I oppose it because I oppose the merging and mjxing of bodies and I don’t think the people of E lurham County will vote for a merger unless they are sure something good will come out of it," he said. Y /hile Ray opposes a school merger, he is in favor of protecting the environment and strengthening thi; education system. Mrs. Ellen Re ckow said she will focus mainly upt tn a school facility improvement i dan, the school merger and educe ition. I am con- cerned with the growing und-erclass," said candidate Issac Robinson. These people include in -dustrial workers, high school drop outs, teenaged mothers and fathe rs and the young black male who is being pushed out of society," Rot tinson said. If elected to th e Board of Commissioners, Rc ibinson said that he will focus on 1 ligher teachers’ salaries, and the recruitment of industries into the Durham area which would provh le jobs for the working class. Eugene Brown, thr: last candidate to speak, expresset I his concern about infant mortal- ity, education and cooperation amc mg the races. We were brought c iver here on separate boats," he sai- d," but we’re all in the same boat no w. »*- \ ii- WASHINGTON — President Bush meets with Panamanian President Guillermo Endara in tb Office, Endara is looking for aid to help Panama recover from the invasion of U.S. troops. (UPI Ph
The Carolina Times (Durham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 5, 1990, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75