Newspapers / Daily Tar Heel (Chapel … / Jan. 16, 1986, edition 1 / Page 2
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2The Daily Tar HeelThursday. January Moire sfadeinittsfflppfly ifoir ciredlott cairdls a baplks, gir'airiittoirs appirdwe ireqyeft By RHESA VERSOLA Assistant Business Editor Cictting a head start on the credit game is becoming easier for college students as more banks and other credit grantors accommodate students' finan cial circumstances. As a result, more students are applying for Visa or Mastercard credit cards. "We do make an effort to approve student applications," said Lee Willi ams, first vice-president of Central Carolina Bank in Chapel Hill. Williams said CCB had a co-signer program that allowed a student to hold a Visa or Mastercard account in the student's name. The parents are the co signers and are held liable for payment in case of student default, he said. "It's really a simple program," Williams said. "We try to make it as uncomplicated as we can." Most other banks such as North Carolina National Bank, First Union, Wachovia and First Citizens have similar programs. NCNB offers an added option of a non-cosigned account specifically for students. Donna Roberson, NCNB banking CouncM favors project change negotiations By KERSTIN COYLE Staff Writer The Chapel Hill Town Council Monday authorized Town Manager David Taylor to negotiate proposed changes in the Rosemary Square project. The council voted 5-to-4 against a proposal to hold a new public hearing on the controversial project that was approved by the council last January. The Chapel . Hill Planning Board approved the design of the project in October, and construction was sche duled to begin. Mayor James Wallace, who has been critical of the project since its beginning, voted in favor of a public hearing along with council members Art Werner, Julie Andresen and David Pasquini. Wallace, who owns property adjacent to the Rosemary Square site, filed an appeal with the planning board in October before he was elected mayor. Wallace asked the Chapel Hill Board of Adjustments to deny permission for the project to be built, charging that not enough parking spaces had been allotted for hotel patrons. Last month Wallace decided not to appeal; the board's decision tc let the : Rosemary Square project -be: built. He said that it would prevent him from jilSoi Includes ,:Jf :. . Round i tMril. Breakltoihnm Austria PllEalprpl5tereak 1st Anniversary Sale Our Tender 6oz. Sirloin Served With Your Choice of Baked Potato Or French Fries And Delicious Homemade Yeast Roll U Reg.3.49 Good Thurs-Jan.16 Thru Sun. -Jan. 19 Only!! When you a relaxing Cole Park Plaza, Hwy. 15-501, 3 mi. south of Chapel Hill. Call 968-0019. Open Sun-Thurs. 11 to 9, Fri&Sat 11 to 10 16. 1986 representative, said: "NCNB may be the only bank (in Chapel Hill) to offer a student Visa." "Nine times out of ten. you can get a student Visa," she said. "It's a fantastic opportunity for students to start on a good credit line." Roberson said students did not need their parents' signature to co-sign the account. However, when applying for a student Visa at NCNB, applicants must have an account for at least six months prior to application. The students' GPAs and how well they treat their accounts are also taken into consideration for Visa approvals, Roberson said. "If a student is bouncing checks all over Chapel Hill, then that student will not get a Visa or Mastercard," Rob erson said. A student's account will be checked by Visa through the credit bureau. Roberson said all banks reported account status to the credit bureau where, under the statute of limitations, the records were kept on file for seven years. According to Roberson, Visa makes voting on any future items involving Rosemary Square that might come before the Town Council. Rosemary Square, a $19 million hotel, retail shop and parking complex, is being developed by the Research Triangle Park-based Fraser-Morrow Daniels Co. and the town of Chapel Hill. Plans call for a five-story building atop a three-deck parking garage proposed for a site at the intersection of Rosemary and Henderson streets. Fraser-Morrow Daniels officials proposed that six hotel suites be eliminated and called for modifications in the parking deck to allow 13 more spaces. The proposal also called for moving the closing date form June 30 to Dec. 31. The changes were made because of recent comments and criticisms of the project, according to Fraser-Morrow Daniels officials. According to the development agree ment, the town of Chapel Hill will own the land the project is built on and 325 parking spaces. Fraser-Morrow Daniels will own the Rosemary Square building and 175 parking spaces in the deck. - - The- council will be ; asked later this year to authorize changes negotiated by Taylor. ft 1 ""complete y DO-HOOD ask for group dept. 103 South Elliott Road re hungry for meal. SMILE' the ultimate decision to approve or reject applications. Establishing good credit should reflect responsibility for handling finances, bank representatives said. "They gotta start somewhere," said Sue Workman, customer service repre sentative for First Citizens. Debbie Whitfield, a customer sales representative for First Union, said: "As far as worldwide, Visa is more well known in foreign countries." Most bank representatives said, N.C, law schools seeing no (decline in enrollment By ALICIA LASSITER Staff Writer Despite a nationwide decline in law school applications, administrators say the five law schools in North Carolina have not been affected. UNC does not spend a lot of time recruiting students, but the other four law schools in the state do search for top-quality students. "We don't have nationwide recruit ing," said Kenneth Broun, dean of the UNC School of Law. The UNC Law School recruits practically by invitation alone. "We have not had a decline in applications," Broun said. "We have an excellent national reputation, and students are attracted to the relatively low tuition." There are about 660 students in the law school, and 221 were admitted to this year's class. James Taylor, associate dean for external affairs at the Wake Forest University School of Law, said: "If we just wanted numbers, we would never have to leave this law school. We recruit to get quality students, and we want a rich variety of geographical backgrounds." Wake Forest draws 54 percent of its 485 students from outside North Carol ina. Applications were up 14 percent last year, Taylor said. The Wake Forest Law School recruits students who have demon strated high academic achievement and scored high on the Law Standardized Admissions Test, Taylor said. A student must also reflect community interest. At Duke University, which enrolls less than 10 percent of its applicants, recruiting is aimed at students with high achievement in a rigorous undergrad uate program and a high score on the LSAT, said Pat Delaney of the admis sions office. 20 Off jCaJUi Zbisiizi, cSixJiaUxi, Jikxti. (excluding new items) - 10 Off Srexy&inq Lz in iU toiz (This includes Rhinestone jewelry, Men's Clothing, etc.) It's a great time to save on accessories for mixers Sale thru Jan. 31st BACK THEN VTNTACjE ClOTkERS A Whale All You Can 7 La to Calabash - -J MILTON'S CONSOLIDATION SALE! THE LONG HOT FALL HUGE INVENTORIES FROM THE OTHER CUPBOARDS RESULT IN GREAT PRICES THAT READ UKE MISPRINTS! Entire Stock Corduroy Sports Coats Reg. $125, Now 39M Harris Tweed Sport Coats by Eagle Reg. $245, At Consolidation of M09M Entire Stock Suits by Giorgio, Sant Angelo, and Sussex. Reg.$425,Now189w Handwoven Shetland Wool Sport Coats by Sussex Reg. 4265, Now 99 Camel Hair Blend Sport Coats by Paolo Reg. $245, Now 99 Cashmere Blend Sport Coats by Paolo. Reg. $245, Now 119 Entire Stock Eagle Suits, Wool or Wool Blends Reg. 4345, Now 149 Wool Blend Sussex Suits Reg. $295, At Sacrifice of 129 Bronzini Suits Wool Blend, Vested Reg. $250, Now 79M Crew Neck Shetland Wool Sweaters by Allen Wickfield Reg.$35,Now17M Egon Von Furstenberg Apres' Ski Shetland Wool Sweaters, Crew Necks Reg.$55,Now16M Wool Shetland or Lambswool Cardigan Sweaters to $65 29M Lambswool V-neck Sweaters by Parker or Vienna Reg. $47.50, Now 22M Worsted Wool Slacks by Jordache Reg. $67.50, Now 35w Corduroy Slacks Reg. $42.50, Now M6M Topcoats by Witty Bros. Reg. $200, Now 99M Down Jackets by Down Country Reg. $125, Now f49M All Cotton Pin-point Oxford Shirts by Registry Reg. $50, Now '26M All Gianfranco Ruffini SportDress Shirts Reg. $35, Now 14 All Tapered Dress Shirts Drastically Cut All Ties, Belts, and Socks Half Price YOU'LL NEVER HAVE MORE FUN SHOPPING WHILE SAVING SO MUCH yfJlttf f a? Clottiinff JVllUOn S J'TA between Visa and Mastercard. When applying for a Visa or Mas tercard students should check different banks for varying interest rates and annual handling fees. According to Roberson of NCNB, North Carolina has an 18 annual interest rate while Virginia and other places in the North carry a 21 annual interest. NCNB has an $18 annual handling fee for its credit cards. First Union and CCB have a $15 dollar annual charge. First Citizens charges $12 annually for handling the credit card account. Duke University sent representatives on more than 60 trips this year, including all four Law School Forums held in Los Angeles, New York, Boston and Chicago to recruit - prospective students. "We want to get the best students possible," Delaney said. "We're looking for well-rounded students with good work experiences and references." The Duke Law School has a total enrollment of 550 students. "The students we turn out are getting good jobs," Delaney said. The Campbell University School of Law has been preparing for the nation wide decline in applications since the school opened, said Dean Leary Davis. The school set class size at about 100 when it opened in 1976. Campbell has concentrated its recruit ing efforts on the Southeast. The faculty and administration officers visit other schools in search of top-quality students. "Our recruiters look at intellectual ability and achievement," Davis said. "We also require a personal interview." N.C. Central University School of Law has concentrated its recruiting efforts within North Carolina and South Carolina, said acting Dean T.M. Ringer. N.C. Central's law school recently added a full-time director of placement and recruitment. "We haven't expe rienced a decline in applications to the . law school," Ringer said. "If we did no recruiting, we could fill our class (of 309 students), but we can enhance the quality of our students by recruiting," Ringer said. N.C. Central looks for students with strong academic backgrounds and students that really want to practice law. The recruiting director spends over 50 percent of his .time recruiting only, Ringer said. 405 W. Franklin St. Chapel Hill, NC 27574 Mon.-Sat. 11-5:30 929-6221 of a Deal Eat Seafood 4 i UMOtUMtftt NCM tat toteMf Lumbers f Sty MiMd Brvrragn Available Bert and Win 163 L Frank,,n 5t-Downtown Hl" Hours: Mon-Sat 10-6:30; Sun 1-5 Phone 968-4408 Forces gain ground in Bahrain From wire reports MANAMA, Bahrain Forces loyal to the president of South Yemen have gained some ground in the fight for control of the country's Marxist government, diplomats and Persian Gulf sources said Wednesday. The airport and harbor in South Yemen's capital were bombed by air force planes, sources reported, but did not know if the raiding pilots were rebel members of a pro-Soviet faction or supporters of Marxist President AH Nasser Mohammed. Christian rival surrenders BEIRUT, Lebanon Elie Hobeika, the main Christian rival of President Amin Gemayel, surrendered Wed nesday as forces loyal to the pres ident stormed Hobeika's headquar ters, military sources said. Hobeika's followers were bom- Reiftbvattfioinis' iraeairoirag emid! aft shoppoimg airea By LISA BRANTLEY Staff Writer Renovations that began in late November at Chapel Hill's Eastgate Shopping Center may be completed by January, said Lisa Champion of LVG Properties Inc., Eastgate's management firm. Improvements include a new beige facade and green roof, parking lot repaying and the addition of plants along the main drive through the lot. "We're completely redoing the whole parking lot," Champion said, adding that this would facilitate traffic flow. The management also has barred large trucks from the lot. By improving Eastgate, LVG hopes to attract more speciality stores, Cham pion said. Some of the shopping center's newest tenants are O'Neill's, a men's Student from Fayetteville killed in car accident during holidays Diane D. Peterson, a sophomore from Fayetteville, died Dec. 19 from injuries sustained in a car accident. Peterson, 20, was buried Dec. 22 at Cross Creek Cemetery in Fayetteville. Peterson was active in St. Luke's AME Church in Hillsborough. She worked in the church's youth depart ment, serving as youth usher and singing in the youth choir. The Rev. J. A. Humphrey, who for the record A paragraph in Wednesday's story "SAC: a lot of parkin' problems" should have said, "Parking Control Coordina tor Mary Fox said many of the lots close to the SAC were reserved for Educational Foundation members." The fact that they contributed $10,000 or more toward the building should not have been attributed to her. The Daily CONFERENCE ON ETHICAL ISSUES IN LAW SCHOOL AND PRACTICE Duke Law School Jan. 1 7-Jan. 20 Duncan Kennedy, Harvard Law Professor (at UNC Law School Jan. 1 7, 6:00) Arthur Kanoy, Rutgers Law Professor (at UNC Law School, Jan. 20 at 3:00) Sponsored by The Duke La w School Forum for Legal Alternative M-F: 7-Midnight Sat.: 9-6 Sun.: 12-12 114 7. Frcnklln CL hews in brief barded by tank and gunboat fire for eight hours before surrendering. Weinberger warns against spending cuts WASHINGTON Defense Secre tary Caspar W. Weinberger warned against major cuts in military spend ing Tuesday, saying that military intervention may be needed to counter Soviet-sponsored aggression around the world. Weinberger's remarks were in a pre-released copy of the speech he was to give Tuesday night in the opening session of the two-day Conference on Low-Intensity War fare. He deleted the remarks about U.S. intervention when he delivered the speech. clothing shop, Workbench, an imported furniture shop, and The Frame Ware house. The Potted Plant, a former University Mall tenant, will move to Eastgate sometime this month. Subway and This Can't Be Yogurt joined the L-shaped shopping center in late summer. Also, the Silver Wok Shop moved in next to Sal's Pizza. Mack's, which occupied one of the largest locations in the 26-tenant shopping center, closed before Christ mas, and the space has not yet been leased. Champion said. LVG, which is headquartered in Charlotte, bought Eastgate in December 1984 for $3,025,000 and has reportedly spent more than $1 million on the recent improvements. The shopping ce'nter was constructed in 1954. conducted the funeral, said of Peterson: "They called her a fine person." Survivors include: her parents, Mr. and Mrs. Raymond Peterson; three sisters, Evelyn H. Greeter of Savannah, Ga., Mae C. Matthews and Brenda J. Gilmore, both of Fayetteville; a brother, Raymond F. Peterson; a grandmother, Vonzeal N. Peterson of Fayetteville; and a grandfather, Johnnie Hennigan of Fayetteville. Tar Heel regrets the grammatical error. Also Wednesday, the story "J-School looks to be a UNC headliner" incor rectly stated that Journalism School Hall-of-Famers Charles Kuralt and Vermont Royster graduated with jour nalism degrees. The DTH regrets the editing error. Our embarrassment needn't be mentioned. sGino 37-0790
Daily Tar Heel (Chapel Hill, N.C.)
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Jan. 16, 1986, edition 1
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