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SKYLINE BOARD MEMBERS ELECTED Official returns of the annual election of one-half of the Skyline Club’s Board of Directors to two-year terms are in. Newly-elected to serve on the ’55-’56 Board are John Maccomber and Beverly Regan, Reservations, Anne Hea-vey and Bibi Lofgren, Traffic & Sales, Kitty Flatley, Personnel. Lena Zier-ing, Joe Coniglio and Seena Winick, GAO, and Tony Marcel, Larry Basist and Walt Murzyn, SOS. They will serve through the coming year with the following incumbents: Rose Marie Fourton, Traffic & Sales, Chris Standard, Joe Cascio, Betty Evans, Ted Kocher, Marie Allen, Ray Caluori, Rose Baluski and Art De Simone, all of GAO, and Mack Hancock, Tax. Installation of the new members will take place at the board meeting scheduled for Wednesday, February 9. Also at that time, the board will nominate and elect officers to serve for one year. NEW AIRBORNE RADAR ON PANAGRA PLANE The latest airborne radar to be developed commercially for airline use is being installed aboard a Panagra DC-6B plane in regular operation between the United States and South America. Panagra will have the RDR-1 as standard equipment on its fleet of DC-7B’s later this year and meanwhile will continue to use the radar-equipped DC-6B on its regular schedules to familiarize flight crews with its operation. Mamie Van Doren, Hollywood starlet, makes like the referee for the opening whistle as California players Bill Fairbanks and Fritz Krauth look on. Mamie got the whistles; she didn’t referee the game. In conformance with past Company policy, the System General Offices will be closed on Tuesday, February 22nd, in observance of Washington’s birthday. FCU GIVES HIGHEST DIVIDEND Assets Over $800,000 A dividend of three and one-quarter per cent, highest in the history of the Atlantic Division Federal Credit Union, was announced by Lee Grabow, ATD, president of the organization, at the annual stockholders meeting held at Laguardia Field last month. The dividend will be payable on shares on record as of December 31, 1954. Assets for the year were $813,847.35 and the dividend was based on a net income of $22,818.12 for the year. There are 3,179 shareholders, all employees of the company and Intercontinental Hotels Corporation based in the New York area. One thousand six hundred and ninety-four borrowers took out a total of 3,456 loans amounting to $965.853. Since the start of the FCU in the Division, there have been 17,552 loans amounting to $4.318,022.34. Fifty members attended the meeting and elected the following new members to the Board of Directors: Bob Stupp, Ralph Parchini, George Harris and Ken Hess, all of ATD. PAN AM JETS' UNBEATEN STRING ENDS AT 10 The Pan Am Jets’ wheelchair basketball team went down to defeat against the cross-country touring California Flying Wheels last week by a score of 65 to 53. The Flying Wheels went on to defeat all comers here in the East in the week following the Jets’ game. Starting off slowly, the Jets were behind in the first quarter by twelve to two before they found the range. They managed to come back by the end of the first period, one point behind at 14-13. The game was even through the remainder of the first half, but the Wheels left at intermission time with a lead of 30 to 25. When play resumed, the California team went on a rampage, scoring twenty points in the third quarter to eight for the Jets. Some other team might have given up hope at that point, but the Jets showed the stuff they’re made of by keeping pressure on their opponents and outscored California in the last quarter in a hard-fought struggle. It was just a matter of too much Fritz Krauth, winner of the Most Valuable Player Award given by the sponsor, the 52 Association of New York. Krauth scored 30 points with a fantastic back-hand hook shot that seemed to have radar eyes, hitting the "GREAT CIRCLE" DOOR HAS NOT BEEN CLOSED TO PAN AM President Eisenhower’s decision on whether Pan Am will be permitted to fly the direct “Great Circle” Track between the West Coast and the Orient was still reserved when this edition went to press. Pan Am and Northwest Airlines both serve the same markets in the Orient. The right to serve 'additional markets there is not at issue. The decision involves the flight path that Pan American Clippers are permitted to take on their way to the Orient. Listed below are some compelling reasons for lifting the restriction which now requires the company to stop at a mid-Pacific island on flights between the U. S. and the Orient. 1. The restriction is wasteful of taxpayers’ money. Two thirds of PAA’s passengers between the U. S. and the Orient have no wish to stop at Hawaii. Yet they are forced to Ay an extra 2.000 miles from New York, an extra 1.000 miles from San Francisco. The more plane miles flown, the more the cost. As long as airlines are on subsidy, this waste flying costs the taxpayers $220,000 per weekly round trip per year. Passengers should not be required to go out of their way against their own wishes and at extra cost to the government. 2. The restriction nullifies technical progress. Pan Am’s DC-7Cs, due for delivery next spring, will be able to make the trip non-stop all the way across the Pacific in both directions eastbound 100 per cent of the time and westbound at least 70 per cent of the time with full cabin loads. Forcing PAA’s DC-7Cs to stop at a mid-Pacific island nullifies engineering advance. 3. The restriction is unfair. President Eisenhower, in allowing Northwest also to operate the Seattle-Hawaii route, said it would give both PAA and Northwest “an equal opportunity to Continued on page 3 John Persek, Internal Audit was elected to serve on the Supervisory Committee, Connie Cultraro, ATD, on the Credit Committee, and Eugene Mahon, Norm Olson, Jo Ozimek, and Frank Kelleher, all of ATD, were selected for the Education Committee. Officers to serve for the coming year will be elected by the Board at its first meeting later this month. Theo Goes To Washington Theo Turtzo, secretary to IHC Pubrel Mgr. Bob Demme, is leaving LIC to become secretary to Frank Stoppa, PAA Station Manager at DCA. Theo, who has been with IHC since 1953, was formerly a traffic representative with PAA at Washington National Airport. basket every time. High scorer for the Jets was Mario D’Antonio with 17 points. One point behind him was Saul Welger, and Danny Vaccaro followed with 15 points. The Jets met the New Jersey Wheelers away on Thursday, February 10, in an attempt to get back in their winning ways. Their next home game at Forest Hills High School will be against the New York Spokesmen on Thursday, February 17. In between, they will play the Bronx Rollers at Dewitt Clinton High School in the Bronx. Then, on February 24, they play against New Jersey, in a benefit game for the Mount Carmel R. C. Church in the Bronx. Two days later, on Saturday, February 26, they will fly to St. Louis to play the St. Louis Rolling Rams. There is a proposed exhibition pending to be played at the IBM plant in Poughkeepsie on March 5, and two more benefit games against New Jersey, one on March 25 in Caldwell, N J., and the other for the American Legion at Brooklyn’s New Utrecht High School on March 31st. After that — the tournament. Where they might meet Jersey again! Art Eakes, Calif. Flying Wheels scores as Pan Am Jets (I. to r.) Danny Vaccaro Saul Welger and Mario D’Antonio look on. No. 7 on right is Fritz Krauth, MVP winner with 30 pts.
Object Description
Description
Title | Page 1 |
Object ID | asm0341002974 |
Digital ID | asm03410029740001001 |
Full Text | SKYLINE BOARD MEMBERS ELECTED Official returns of the annual election of one-half of the Skyline Club’s Board of Directors to two-year terms are in. Newly-elected to serve on the ’55-’56 Board are John Maccomber and Beverly Regan, Reservations, Anne Hea-vey and Bibi Lofgren, Traffic & Sales, Kitty Flatley, Personnel. Lena Zier-ing, Joe Coniglio and Seena Winick, GAO, and Tony Marcel, Larry Basist and Walt Murzyn, SOS. They will serve through the coming year with the following incumbents: Rose Marie Fourton, Traffic & Sales, Chris Standard, Joe Cascio, Betty Evans, Ted Kocher, Marie Allen, Ray Caluori, Rose Baluski and Art De Simone, all of GAO, and Mack Hancock, Tax. Installation of the new members will take place at the board meeting scheduled for Wednesday, February 9. Also at that time, the board will nominate and elect officers to serve for one year. NEW AIRBORNE RADAR ON PANAGRA PLANE The latest airborne radar to be developed commercially for airline use is being installed aboard a Panagra DC-6B plane in regular operation between the United States and South America. Panagra will have the RDR-1 as standard equipment on its fleet of DC-7B’s later this year and meanwhile will continue to use the radar-equipped DC-6B on its regular schedules to familiarize flight crews with its operation. Mamie Van Doren, Hollywood starlet, makes like the referee for the opening whistle as California players Bill Fairbanks and Fritz Krauth look on. Mamie got the whistles; she didn’t referee the game. In conformance with past Company policy, the System General Offices will be closed on Tuesday, February 22nd, in observance of Washington’s birthday. FCU GIVES HIGHEST DIVIDEND Assets Over $800,000 A dividend of three and one-quarter per cent, highest in the history of the Atlantic Division Federal Credit Union, was announced by Lee Grabow, ATD, president of the organization, at the annual stockholders meeting held at Laguardia Field last month. The dividend will be payable on shares on record as of December 31, 1954. Assets for the year were $813,847.35 and the dividend was based on a net income of $22,818.12 for the year. There are 3,179 shareholders, all employees of the company and Intercontinental Hotels Corporation based in the New York area. One thousand six hundred and ninety-four borrowers took out a total of 3,456 loans amounting to $965.853. Since the start of the FCU in the Division, there have been 17,552 loans amounting to $4.318,022.34. Fifty members attended the meeting and elected the following new members to the Board of Directors: Bob Stupp, Ralph Parchini, George Harris and Ken Hess, all of ATD. PAN AM JETS' UNBEATEN STRING ENDS AT 10 The Pan Am Jets’ wheelchair basketball team went down to defeat against the cross-country touring California Flying Wheels last week by a score of 65 to 53. The Flying Wheels went on to defeat all comers here in the East in the week following the Jets’ game. Starting off slowly, the Jets were behind in the first quarter by twelve to two before they found the range. They managed to come back by the end of the first period, one point behind at 14-13. The game was even through the remainder of the first half, but the Wheels left at intermission time with a lead of 30 to 25. When play resumed, the California team went on a rampage, scoring twenty points in the third quarter to eight for the Jets. Some other team might have given up hope at that point, but the Jets showed the stuff they’re made of by keeping pressure on their opponents and outscored California in the last quarter in a hard-fought struggle. It was just a matter of too much Fritz Krauth, winner of the Most Valuable Player Award given by the sponsor, the 52 Association of New York. Krauth scored 30 points with a fantastic back-hand hook shot that seemed to have radar eyes, hitting the "GREAT CIRCLE" DOOR HAS NOT BEEN CLOSED TO PAN AM President Eisenhower’s decision on whether Pan Am will be permitted to fly the direct “Great Circle” Track between the West Coast and the Orient was still reserved when this edition went to press. Pan Am and Northwest Airlines both serve the same markets in the Orient. The right to serve 'additional markets there is not at issue. The decision involves the flight path that Pan American Clippers are permitted to take on their way to the Orient. Listed below are some compelling reasons for lifting the restriction which now requires the company to stop at a mid-Pacific island on flights between the U. S. and the Orient. 1. The restriction is wasteful of taxpayers’ money. Two thirds of PAA’s passengers between the U. S. and the Orient have no wish to stop at Hawaii. Yet they are forced to Ay an extra 2.000 miles from New York, an extra 1.000 miles from San Francisco. The more plane miles flown, the more the cost. As long as airlines are on subsidy, this waste flying costs the taxpayers $220,000 per weekly round trip per year. Passengers should not be required to go out of their way against their own wishes and at extra cost to the government. 2. The restriction nullifies technical progress. Pan Am’s DC-7Cs, due for delivery next spring, will be able to make the trip non-stop all the way across the Pacific in both directions eastbound 100 per cent of the time and westbound at least 70 per cent of the time with full cabin loads. Forcing PAA’s DC-7Cs to stop at a mid-Pacific island nullifies engineering advance. 3. The restriction is unfair. President Eisenhower, in allowing Northwest also to operate the Seattle-Hawaii route, said it would give both PAA and Northwest “an equal opportunity to Continued on page 3 John Persek, Internal Audit was elected to serve on the Supervisory Committee, Connie Cultraro, ATD, on the Credit Committee, and Eugene Mahon, Norm Olson, Jo Ozimek, and Frank Kelleher, all of ATD, were selected for the Education Committee. Officers to serve for the coming year will be elected by the Board at its first meeting later this month. Theo Goes To Washington Theo Turtzo, secretary to IHC Pubrel Mgr. Bob Demme, is leaving LIC to become secretary to Frank Stoppa, PAA Station Manager at DCA. Theo, who has been with IHC since 1953, was formerly a traffic representative with PAA at Washington National Airport. basket every time. High scorer for the Jets was Mario D’Antonio with 17 points. One point behind him was Saul Welger, and Danny Vaccaro followed with 15 points. The Jets met the New Jersey Wheelers away on Thursday, February 10, in an attempt to get back in their winning ways. Their next home game at Forest Hills High School will be against the New York Spokesmen on Thursday, February 17. In between, they will play the Bronx Rollers at Dewitt Clinton High School in the Bronx. Then, on February 24, they play against New Jersey, in a benefit game for the Mount Carmel R. C. Church in the Bronx. Two days later, on Saturday, February 26, they will fly to St. Louis to play the St. Louis Rolling Rams. There is a proposed exhibition pending to be played at the IBM plant in Poughkeepsie on March 5, and two more benefit games against New Jersey, one on March 25 in Caldwell, N J., and the other for the American Legion at Brooklyn’s New Utrecht High School on March 31st. After that — the tournament. Where they might meet Jersey again! Art Eakes, Calif. Flying Wheels scores as Pan Am Jets (I. to r.) Danny Vaccaro Saul Welger and Mario D’Antonio look on. No. 7 on right is Fritz Krauth, MVP winner with 30 pts. |
Archive | asm03410029740001001.tif |
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