anaheim-gazette 1950-09-27

ATTRACTIVENESS PLUS—An attractive welcome is bid patrons by the enchanting new Sadu co. Los Angeles st. Inside the fixtures and menu are equally attractive. Sadu operator Robert Bachelo Congratulations and Best Wishes ...BOB...as you form Annou THE OPEN S A I "The Rendervous of from your GENERAL CONTRACT W. G. DUTT 10181 GARDEN GROVE BLVD. - GARDEN G Phones—Office, Garden Grove 23312 - Res. Garden It has been a pleasure to serve you with our COMPLETE BUILDING SE ing to know that we have accomplished the remodeling to your satisfac possible time; and without interruption of your service while construc 10181 GARDEN GROVE BLVD.-GARDEN GROVE Phones—Office, Garden Grove 23312 - Res. Garden It has been a pleasure to serve you with our COMPLETE BUILDING SE ing to know that we have accomplished the remodeling to your satisfac possible time; and without interruption of your service while construc We appreciate your acclaim of us when you say -- "FOR ACTION and CRAFTSMANSHIP in BUILDING..REMODELING..and GENERAL CO ...get DUTRO! Prompt Completion of This Program Made Possible Through the Co-operation of Such Firms as ... H. R. BREITHAUPT— Architect, 466 Newport Blvd., Costa Mesa Nu-Art Neon Sign Co.— 144 W. Amerige St. Fullerton Lindsey Electric 1425 S. Main—Santa Ana ... Barr Lumber Co.— 1028 E. 4th St.—Santa Ana Home Painting & Decorating Co.— 12895 Euclid Ave. Garden Grove John W. Potts— Glass and Glazing 220 S. Spadra Rd.—Fullerton Heydon & Lee— Flameproofing 119 N. Yale—Fullerton C. W. White— Brick Contractor— 10552 Garden Grove Blvd., Garden Grove Llcyd V. Young—Plastering 1418 W. Tenth St.—Santa Ana Frank H. Chapman Plumbing 1731 Newport Ave.—Costa Mesa 'Bank Accounts Doubly Safe' Says Executive Savings and commercial accounts of bank depositors are now "doubly safe," R. Foster Lamm, President of The Southern County Bank, commented in reviewing the salient features of Federal legislation effective September 21 which increased deposit protection, or each depositor, from $5000 to $10,000. "Because banks have proved so safe, the Federal Deposit Insurance Corporation has accumulated a capital reserve sufficient to warrant doubling its coverage depository," Lamm said. The FDIC was createdgress in 1933 to safepositors in insured bankloss. Should an insured business, depositors arecash promptly by the FDIC reserve fundprotection of depositors,ceeds one billion dollars atit ever become necesiFDIC is authorized to beadditional three billionfrom the United States T Lamm pointed out thatsured bank, not thepay the insurance premissured banks are assessedannual rate of a smallfone per cent of each ba formally Announce E OPENING of ADU Rendezvous of Smart People" Contractor OUTRO D. - GARDEN GROVE Res. Garden Grove 25197 ETE BUILDING SERVICE, gratifying to your satisfaction in the least service while construction was under way. HOURS DAILY 7 a.m. to 2 a.m. ENTERTAINMENT NIGHTLY featuring THE ONE and ONLY Mr. Ollie Jackson "THE 129-133 NORTH LOS GARDEN GROVE Res. Garden Grove 25197 BUILDING SERVICE, gratifying to your satisfaction in the least service while construction was under way. CRAFTSMANSHIP GENERAL CONSTRUCTION LOAN Service capable of handling any size financing program. Architectural Service Advisory Service ESTIMATES FREE RETAIL LIQUOR STORE adjoining Lounge STOCKED WITH CHOICE BEVERAGES in abundance and at MODERATE PRICES grant doubling its coverage for each depositor," Lamm said. The FDIC was created by Congress in 1933 to safeguard depositors in insured banks against loss. Should an insured bank cease business, depositors are paid in cash promptly by the FDIC. The FDIC reserve fund for the protection of depositors now exceeds one billion dollars and should it ever become necessary, the FDIC is authorized to borrow an additional three billion dollars from the United States Treasury." Lamm pointed out that the insured bank, not the depositor, pay the insurance premiums. Insured banks are assessed at the annual rate of a small fraction of one per cent of each bank's average total deposits. 'Under the new law, a man and wife can have $30,000 insured in one bank,' Lamm continued. 'The husband, for instance, can keep as much as $10,000 on deposit in his own account; his wife can maintain a similar account, then husband and wife can have a joint and survivor account with this same balance. Under such an arrangement, each of the three accounts would be insured up to $10,000.' LOUNGE and RETAIL Invites You... to the formal OPENING Thursday SEPTEMBER 28 of "THE RENDEZVOUS OF SMART PEOPLE" SADU NORTH LOS ANGELES STREET • ANAHEIM Featuring ... beautifully appointed, spacious COCKTAIL LOUNGE Serving the choicest LIQUORS ... beautifully appointed, spacious COCKTAIL LOUNGE Serving the choicest LIQUORS WINES BEER and our Special Luncheons Served from 11:30 a.m. to 2:30 p.m.