Polk County Enterprise (Livingston, Tex.), Vol. 111, No. 85, Ed. 1 Sunday, October 24, 1993 Page: 8 of 44
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PAGE 8A - THE POLK COUNTY ENTERPRISE, SUNDAY OCTOBER 24,1993
Primary school lists A-B students
LIVINGSTON - First grade
"Rising Stars" and second grade A-
B Honor Roll students at
Livingston Primary School for the
first six weeks arc:
FIRST GRADE
Teacher • Dickens
Chase Harris
Teacher - Gordon
Casey Cumbic, Shcrard Gray,
Timothy Johnson, Lisa Warden and
Leslie Whiteker
Teacher - Helm
Jawad Awan, John Arnold,
Daniel Busby, David Davis, Can-
date Espino, Jacob Gilbert, Mat-
thew Tucker and Jennifer Whisen-
hunt.
Teacher - Hill
Cassic Bills, Donald Durbin,
Jennifer Estes, Melissa Grant,
Daniel Maze, Amy Overstreet,
Carrie Phillips, Shane Steffen,
Saraha-Jon Underferth and Jessica
Walker.
Teacher - Kuntz
Kevin Cannady, Ashley David-
son, Adriana Dominguez, Pierce
Dublin, Michael Haskins, Jessie
Lester, Antonia Mata, Kenneth
McNicl, Del Ray Tolar, Titus
Wright and Allison Wyatt.
Teacher - Manary
James Applckamp, Brandon
Bcvill, Rosalba Dominguez, Kia
Haynes, Danny Moore and Brady
Computer program, pipelines
among emergency planners' topics
LIVINGSTON - The Local
Emergency Planning Commiuee
will meet at 2 p.m. Thursday, Oct.
28, in the Commissioners’
Courtroom, third floor of the coun-
ty courthouse.
Some of the topics to be dis-
cussed are the new computer
program, Computer Aided Manage-
ment of Emergency Operations
(CAMEO), pipeline safety program
and conducting a hazmat awareness
program for first responders.
The meeting is open and the
general public is welcome to at-
tend.
OBITUARIES /
Grady Williams
LIVINGSTON - Funeral serv-
ices for Grady Williams, 81, of
Livingston were held Thursday,
Oct. 21, 1993, from the Cochran
Funeral Home Chapel, with the
Rev. Frank Hood, the Rev. Rod
Averitt and the Rev. Dan Marsh of-
ficiating. Interment followed in
Oakdale Cemetery, Livingston.
Mr. Williams died Tuesday, Oct.
19, in Timberwood Nursing Home.
He was bom Aug. 9, 1912 in
Burke, the son of James Ausbin
Williams and Evie Crager. He was
president and owner of United Gal-
vanizing until his retirement in
1978. On Sept. 5, 1936 he married
the former Dell Brock in
Livingston. Mr. Williams was a
charter member and deacon on
Forest Branch Baptist Church,
member of Woodman of the World
and 50-year member of Burk
Lodge No. 833 AF&AM.
Survivors include his wife, Dell
Williams of Livingston; two
daughters, Gradcne Hamman of
Houston and Judy Kahla of Tom-
ball; sister, Beatrice Smith of Luf-
kin; six grandchildren and two
great-grandchildren.
Pallbearers were Harold Kahla,
Earl Hamman, Byron Kahla, Clarke
Mosley, Brooke Mosley and Sam
D. White Jr. Honorary pallbearers
were Rob Hamman, Grant Ham-
man, Robert Bates, Roy Burch and
Wayne Harris.
Cochran Funeral Home was in
charge of arrangements.
Grover C. Valentine
LIVINGSTON - Funeral serv-
ices for Grover C. Valentine, 60, of
Livingston will be held at 2 p.m.
Monday, Oct 25, 1993, from East
Tcmpe Baptist Church, with the
Rev. Bobby Bryant officiating, as-
sisted by the Rev. Hugh Bradley.
Interment will follow in Peebles
Cemetery.
Mr. Valentine died Oct 21 in
Livingston.
He was bom Dec. 12, 1932 in
Knox County, Tenn., the son of
Lawson Randolph Valentine and
Mae Ellis Valentine. On May 12,
1951 he married the former
Dorothy Scarborough in Knox
County, Tenn. He was former pas-
tor of Hickory Grove Baptist
Church and was, at the time of his
death, a member of East Tempe
Baptist Church. He was a veteran
of the U.S. Navy.
Survivors include his wife,
Dorothy, of Livingston; two sons,
Terry Valentine of Livingston and
Aaron Valentine of Alvin;
daughter, Debra Dillard of Austin;
three brothers, John Edward Valen-
tine of Livingston, Walter Mac
Valentine of LaPorte and Herchell
V. Valentine of Pasadena; and
grandchildren, Terry Valentine Jr.,
Steven Valentine, Peggy Valentine,
Anthony Dillard, Danelle Valentine
and Matthew Valentine.
Pallbearers will be John Valen-
tine Jr., Terry Vallentine Jr.,
Wayne Murphy, Jason Valentine,
Lewis Dillard and Mike Valentine.
Cochran Funeral Home is in
charge of arrangements.
Dollie Viola Clack
LIVINGSTON - Funeral serv-
ices for Dollie Viola Clack, 74, of
Shepherd were held Saturday, Oct.
23, 1993, from Chesswood Baptist
Church, with the Rev. Frank Hood
officiating. Interment followed in
Peebles Cemetery near Livingston.
Mrs. Clack died Oct. 20 in Hous-
ton.
She was bom Feb. 13, 1919 in
Charleston, S.C., the daughter of
Walter and Edna Neuman Cleapor.
On June 5, 1939 she married Wil-
liam David Clack in Marietta, Ga.
Survivors include her husband.
William Clack of Shepherd; sons,
Richard Clack of Shepherd, Curtis
Clack of Tomball, Charles Clack of
Livingston, James Clack of Hous-
ton, Larry Clack of Houston and
David and Dollie Clack of
Shepherd; brother, Donald Cleapor
of Newman, Ga.; sister, Alma
Bailey of Porter, 16 grandchildren
and eight great-grandchildren.
Pallbearers were Craig Clack,
David Clack, Michael Clack, Bryan
Clack, Jerry Cutaia, Jason Cutaia
and Gary Phillips.
Cochran Funeral Home was in
charge of arrangements.
21 GUARANTY
ttv' FEDERAL BANK ^
WELCOMES NEW MEMBER
Guaranty Federal Bank, FSB Welcomes Tina Y'Barbo as a new
member of their team at the Livingston Banking Center. Tina spent
a few years in the Austin area, but otherwise is a long time resident of
Polk County. Tina brings with her 7 years of banking experience, 2
of which were spent with Guaranty at the Shoal Creek Brandi in
Austin Tina Is married to Gill Y’Barbo and has a son, Koiby, 3 months
Guaranty Federal
Bank, F.S.B. Operates
Over 100 Banking
Centers Throughout
The State Of Texas.
Owned By
Temple-Inland Inc.,
Guaranty Is One Of
The Largest Financial
Institutions Operating
Exclusively In Texas
And Owned By A
Texas Based
Corporation.
Ti\
Guaranty I
fOK
Bank. F S B.. 1993
1013 W Church St (400) 327-217$
_Livingston_
Templeton.
Teacher - McAlister
Joshua Bumctt, Joshua Johns,
Scan O’Toole, Dcnac Phillips and
Michael Shair.
Teacher - Miller
LaShawnda Cherry, Tiffany
McGowcn, Chris Monks, Jill
Schucneman and Kayla Walker.
Teacher - Myers
Chasitcy Gray, Ncrren Haining,
Malt Henson, Keith Phillips and
Trent Smith.
Teacher - Ogletree
James Forbus, joshua Hall,
Wayne Hill and Jacob Thrasher.
Teacher - Oliver
Pedro Hcnandcz. Teacher -
Rogers
Alfredo Fabcla, David Harwell,
Jamie Landrum, Mikcl McGuire
and Joseph Price.
Teacher - Smith
Timothy Hayes, Anthony Jack-
son, Urshaun Jackson, Emilee
Johnston, Mark Lyons, Shane
Mays, Karen Roman and Adam
Taylor.
Teacher - Swain
Rachel Brown, Jesus Castillo,
Jacob Frye, Ricky McClain, Corry
McKeever, Wylie Mitcham, Bryan
Ojeda and Josh Young.
SECOND UKADfc
Teacher - Cox
Ben Adams, Roy Bagley, Erica
Bills, Sandra Cuevas, Robert Forte,
Angela Glass, Sabrina Kilough and
Eran Reed.
Teacher - Eger
Ashley Chalker, Nicole Cot*,
Michael McDuffie, Charlie
Ramirez and Amber Tolly.
Teacher - Garcia
Jason Herman
Teacher - Henderson
Eric Danton, Ashley Garrett,
Ricky Heeth, Larrisha Henderson,
insurance
exam passed
LIVINGSTON - Debra
Wood passed the State Board of
Insurance Life, Accident and
Health Exam in September and
now represents Timberline As-
sociates, headquartered in Aus-
tin, as an agent selling their in-
surance products.
Employed at Guaranty
Federal Bank, FSB, for the last
six years, she was recently
promoted to senior operations
representative. She was bom and
reared in Polk County and en-
joys bass fishing and deer hunt-
ing. She and her husband,
Ronnie, have four children.
Amy Laird, Lee Payne, Daniel
Reidcr and Rachel Ross.
Teat he i - G. Jones
Rachel Adams, Stephen Bryce,
Aaron Holley, Robin Malone, Ash-
ley O’Guin, Annie Parish, Johnny
Rodriquez, Joshua Sylestine, Jes-
sica Tatum and Morris Taylor.
Teacher - T. Jones
Beaux Cochran, Jerry Fredicks,
Joe Galaviz, Nina King, Kayla
LaCaze, Shane Miller, Steven Tur-
ner and Leslie Vance.
Teacher•Kennedy
Remington Appel, Amber Buck,
Misty Freeman, Alexis Lewis,
Glenn Loper, Kathy McNicl, Jody
McQueen, LeAnne Smith and Gary
White.
Teacher - Maze
Jessica Cole, Ross Cox, Jared
Schanfish, Ashley Skelton and
Stephen Warner.
Teacher -Nye
Robert Griffin, Gary Harling and
Heather Zincke.
Teacher - Powell
Marion Bomar, Keith Certain,
Richard Farr, J.R. Franklin, Carrie
Hicks, Amber Irvin, Haley Kachel,
Ryan Leloux, David Lewis,
DeWayne Purvis, Lorinda Surface
and Courtney Wyatt.
Teacher - Pritchard
Joyce Belyeu, Shawn Best, Josh
Frye, Leslie Loving, Timothy Mof-
fett, Jonathan Oates, Adrian Torres
and Jonathan Williams.
Teacher - Puckett
Blanca Cuevas, Magean Daw-
son, Jacory Dosia, Tyler Epstein,
Michael Irvin and Christine Zincke.
Teacher - Smith
Manuel Arredondo and Marcus
Bailey.
Teacher • Thompson
Juan Cuellar, Noel Cuevas, Jade
Ezemack, Angela Galan, LaQuin-
ccy Hinds, Britney Johnson,
Monica Medina, Ja’Kegdrick Nor-
man, Melissa Phares, Edward
Thomas and Shane Wills.
MARKER POSSIBLE - Sandy Moore, chairman of the Polk
County Historical Commission, signs an application for a
State Historical Marker for the Indian Reservation, prior to its
being sent to Austin. The Sons of Confederate Veterans are
applying for the marker and its placing has been approved by
the Alabama-Coushatta Tribal Council.
By Indian Reservation
Marker approved
LIVINGSTON - The Tribal
Council formally approved the
placing of a State Historical Marker
on the Alabama-Coushatta Indian
Reservation at the Sept. 27 council
meeting.
Marker applicants are the mem-
bers of Ike Turner Camp No. 1275,
Sons of Confederate Veterans of
Livingston.
If approved by the State Histori-
cal Commission, the maiker would
recognize the services of those In-
dians who served the Confederacy
during the War for Southern Inde-
pendence, 1961-65.
If approved in time, dedication
services are scheduled for Con-
federate Memorial Day, April 26,
1994. Members of the United
Daughters of the Confederacy, Ike
Turner Chapter No. 1569, provided
much of the research needed for of-
ficial application.
OFFICIAL RECORDS
DEBRA WOOD
. passes insurance exam
JUSTICE COURT
Precinct 1
Judge Mary Placker presiding.
Criminal Docket
Deborah Brown, Livingston, in-
sufficient check.
Robert Richardson, Livingston,
insufficient check.
Cheryl Bevans, Livingston, in-
sufficient check.
Carl Thomas Kingston, Leggett,
public intoxication.
Ricky Lavell McNeal, Memphis,
Tenn., possession of drug parapher-
nalia.
Frederick Glenn Taylor, Hous-
ton, possession of drug parapher-
nalia.
Janice Denise Cheatman,
Shreveport, La., possession of drug
paraphernalia.
Bond's set
Ricky McNeal, unauthorized use
of a motor vehicle, $10,000
Bryan Smith, theft by check,
$500.
Bryan Smith, theft by check,
$500.
Bryan Smith, theft by check,
$500.
Milton Lee Tullos, failure to ap-
pear (child support), $1,000.
Bryan Dean Jessup, DWI
(felony), $5,000.
Donald J. Hornsby, possession of
marijuana (felony), $20,000.
Mark Anthony Fernandez, for-
gery by passing, $10,000.
Idus Marvin Franks, felony pos-
session of marijuana, $20,000.
' Idus Franks, unlawfully carrying
weapon, $1,000.
Paula Peacock, possession of
marijuana, $20,000.
Shelia Renee Morris, possession
of marijuana (B), $10,000.
Milton Ray Peacock, felony pos-
session of marijuana, $20,000.
Richard Dwayne Colbert, felony
(DWI), bond not determined.
Markus Fischer, possession of
marijuana (B), $10,000.
Matthew Lee Morris, unlawfully
carrying weapon, $1,000.
latlhew Li
Morris, possession $20,000.
of marijuana B, $10,000.
James Mark Dover, criminal
trespass, $1,000.
Timothy Scott Worstell, theft
(felony), $2,000.
Lavon Bradley Owen, possession
of controlled substance, $20,000.
Annette Wilson Padron, theft by
check B, $1,000.
Perry Lee Beard, DWI, $1,000.
Joe Gossett, DWI-lst, $1,000.
Kenneth Lewis, parole violation,
bond not determined.
Anna Newton, DWI-lst, $1,000.
Anna Newton, motion to revoke
probation - delivery of controlled
substance, bond not determined.
Emma Lee Davis Simon, posses-
sion of controlled suhstance.
PACE FUNERAL HOME
SINCE 1936
"Fifty-Seven Years of Dedicated Service'
PRE-ARRANGED FUNERALS
RESTLAND MEMORIAL
PARK CEMETERY
STANDARD SECURITY LIFE
INSURANCE COMPANY
PACE MONUMENT WORKS
FUNERAL HOME &
CEMETERY OFFICE,
327-8710
INSURANCE
OFFICE,
327-4545
411 E. Abbey, Livingston, Tx.
Financial Focus
Income Depends
On Credit Risk
bjtt.h. stotts and Maturity
Low interest rates typically spureco- that offers higher interest than the pre
nomic growth, because the low cost of vailing rates. On the other hand, inves-
borrowing money encourages companies tors can demand a discount on bonds that
to expand. In recent years, however, pay interest below prevailing rates,
declining interest rates have devastated Shorter term bonds tend to be less
individuals who depend on regular in- volatile than long-term bonds. A bond
come from their investments. similar to the one in our previous ex-
For example, 10 years ago, short- ample, but with a maturity of only five
term U.S. Treasury bills yielded about 9 years instead of 20, would gain or lose
percent, but inflation was less than 4 only about $40 in value for every one-
percent — offering a healthy, 5 percent point fluctuation in interest rates. The
“real” return for investors. Today, U.S. longer the maturity, the greater the hn-
Treasury bills offer little or no real in- pact of interest rate fluctuation,
come after inflation. Another way to achieve higher in-
Declining interest rates have forced come is to accept some credit risk, which
many investors to look for alternatives, is the chance that the borrower will not be
There are generally two ways to earn able to pay interest or principal when due.
higher interest: Invest in securities with U.S. government securities and insured
longer maturities, and invest in securities certificates of deposit offer no credit risk,
that offer some risk. but they also pay lower interest. Corpo-
The typical short-term certificate of rate bonds may offer a degree of credit
deposit has a maturity of about 90 days risk but compensate investors with higher
and pays the lowest interest. To inctease interest. Credit risk can be measured by
income, you must invest for longer peri- theStandard&Poor’sandMoody’scredit
ode. For example, when six-month Trea- ratings given to the bond—the higher the
sury bills yielded 3 percent, five-year rating, die lower the risk.
Treasury notes paid more than 5 percent. Investors can decrease risk by di-
and 10-year Treasury bonds paid nearly 6 versifying their investments among sev-
percent. eral different bonds or by limiting invest-
However, as interest rates change ments only to insured bonds. One way to
through the years, the value of Treasury achieve diversification without a huge
securities fluctuates. U.S. Treasury secu- investment is to select bond mutual funds
rities always return the full face value at This allows investors to share in a diver-
maturity. but if you have to liquidate sified and professionally managed port-
before then, you could suffer a loss of folio of bonds,
principal, depending on interest rates at If you’re looking for higher interest,
0* rime. remember that no investment can offer
For example, a 20-year bond with a maximum safety, highest income and
face value of $1,000 and a 7 percent shortest maturity ail in one p^t-ag»
interest rate would fall in value by $99 if However, understanding your investment
interest rates rise by one percentage point, before you write your check can allow
Ifrates instead fall by one point, the value you to achieve an acceptable balance of
of the bond increases by $116. risk and return.
The reason for this is that investors
are willing to pay a premium for a bond
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White, Barbara. Polk County Enterprise (Livingston, Tex.), Vol. 111, No. 85, Ed. 1 Sunday, October 24, 1993, newspaper, October 24, 1993; Livingston, Texas. (https://texashistory.unt.edu/ark:/67531/metapth798589/m1/8/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Livingston Municipal Library.