Local history - On-Line Newspaper Archives of Ocean City

• '(
b' 1 .
u — SECTION TWO
THE SENTINEL-LEDGER, OCEAN CITY, N.J,
ii I thought we were over the hump... 9$
Raider boys in season court first: two consecutive loses
Ataganl (ntsmrfd Oman
City, MS, in the HIM period
last weak in Galloway
TViwTiShip then held on to
drint the Ratdera, 77-68 And
Bridgeton, the Cape I 1 *
defending champton, ranpgd
past Tom Gahr's team. Ml,
at the intwmedlate ictodL
wie two gpim^ tnnrfesil ifis
6rat time OC has lost two
straight guaa this season
•M dropped the Raiders two
games below, (M) the tournameot-qaalffying
.§00 that is
OM of OR team's primary
goals this seasort.
Prior to Tuesday night's
meeting with Holy Spirit,
Ocean City had aeven games
remaining txfore the Feb. 2
ddM They needed to win
Tbe Ocean City
BUTCHER SHOP
& DELICATESSEN
Swvlno Ocean Ct«v
y»»r 'Round
Since ItSt
DIFFERENT LUNCH
SPECIAL EVERY DAY
M.99
DIAL 399-7680
• PARTY TRAYS •
—M0N.-SAT —
BAT-IN io•mn 1p.m. TAKE-OUT
North East Comer
Of 8th & West
EASY
PARKINS
OCEAN CITY
HOME SAVINGS
LOAN ASSOCIATION
1S87 - 1118
STATEMENT OF CONDITION
DECEMBER 31,1987
ASSETS
Cash on Hand and In Banks., $2,116,482
U.S. Governments, Agencies and Other
investment Securities (at Amor I zed Cost) ., .11,631,141
Loans Receivable:
Conventional Mortgage Loans 68,299,832
Construction Loans (Net of LA.P.) f... 1,086,750
Real Estate Equity Leans, 1,602,777
Consumer Loans 449,535
Stock in Federal Home Loan Bank ............... 417,400
Office Buildings and Equipment
(Lass Depreciation) 2,217,537
Other Assets 1,485,910
Total Assets t*.. $?&407,M4
LIABILITIES AND RETAINED EARNINGS
Savings and Demand Account Deposits....... $83,275,517
Advance Payments by Borrowers for Taxes 136,602
Accured interest Payable on Deposits...., 26,245
Other Liabilities.. 221,500,
Retained Earnings 6,747,500
Total Liabilities and Retained Earnings $90,407,364
Capital to Asset Ratlo=7.46%
OFFICERS
Irvln Johnson, Jr Chairman of the Board
Walter 8. Johnson... Vice Chairman of the Board
Lewli J. Mawson.,. President
Dennis J, Pietrzyk.. Vice President & Controller
James Yensel •......; .Vice President
Sylva A, Bertink Assistant Vice President k
Secretary
Walter Jenningg, Assistant Vice President & Branch
Administrator
Diane Chadwlck,..,. Assistant Treasurer
Kathy Sharpless,..,..; Assistant Triasur©r
MargarettaHarman... Assistant Secretary
Ronald t.Taht(isq1(.. ..../....; Solicitor
DIRECTORS
Richard K. Cameron Dr. Edward A, Renqueat
Roy 1. Darby, Jr. James F, Steefman
George W, Drake Michael Subotlch
Arthur T, Ford, Jr, Floyd W.Townsend
Roy Gillian Phillip Turner
Irvin Johnson, Jr. Walters. Johnson
1001 Aibury AveM Ocean City 399*0012
106 E.RooieveH Blvd., Marmora 3900044
* ^i^p J * ( ^ - > J - » ' 1 / * -
if For Absegwtu, Juniw paid cha mpioitB, The 6-4 center, scored 25 points. ;.
30 later in the second quarter Sean Laird scored to points,
but Bittner made two tools making HMO free throws. two quick fouls by McAlllirter. ••ThU !» mytthM yw BjBBt of the pmt by
and another three-pointer, Ingrum added 18 points and 11 O«hr decided to stay with •eeini thi Dlditrion4ttU Bridpton guard __r
cutting the margin to 29-25. rebounds while 8ch- bis Junior star and It paid off, duo," said Gahr, "and I can't Johnson, had trouble getting
Ahsegami got eight straight wartenbach scored IB points McAllister didn't commit hla my that ru mm them." He ^ Rhotai He sMred tHKN
points, tour by Qreg Ingrum, and snatched II rebounds, the tturd foul unttt the final play wont miss them for long since netting onto two shots in th>
to make it SMS, Buckets by most Bgalnst the Raiders this of the third period, though he the Raiders go to Bridgeton on arst half and one thtee-pO
Bob QlUlnder and Blttner in
old foul out with five minuter* Feb. U. attempt In the game, Junior
the anal minute made it 37-29 Bridgeton may hive beaten left.
McAllister scored 10 hr the g ^ Thurman came off the
«t the half.
the Raiders In the first three But the Raiders never got Raiders, one below Wi carter ^ tf t
m
Midway through the third minutes of their game. The within tli potato again. The hjgh. He tlao pabbtd 11 rtbounds ind block
period McAllister scored In Bulldogs ran out to a KM) lead, Bulldogs, tarn to Mlllvllle In rebounds. Bittner, hounded t
the lane and then made an old- with 84 senior Gerald Sttli aneBBon-openlng upset and to
fashioned three-point play, getting tour, and also draw Baltimore's Lake Clifton In OCBANCITYIU)
urn
JlitsH •ItWir
II
the Seagull Classic, led 24-11
Hit ll
i\
\ 11 / / DIAMOND IMOAQiMIMT ItlNQt
after one period and 4M4 at MJMPin
3 1
V VXUv',' WEDDISO BANDS
halftone.
nMirkMeasnigii
It «
14 KT. OL y
10 Jim Johrisloii
1-0 o-o,
II1KO AND CmttN WATCHES HH DM
11-ChrllCtriMs
Adrian Dlckerson,
il
ISrtvtthurmtn
t-t
Brldgeton'i smooth-as-sllk W-JiHRcktrion
II 1-0
M T l l
M
forward, scored M points,
M
Ml> 11-11
SMITH JEWELERS. INC. grabbed 10 rebounds and
10 31
made seven steals. Durrel Usnt Inorum
104 hi
RICHARD 0. SMITH. PROP,
Under added 11 and Adam UJIMii tehwiriwiMch
111 til
111 ID*
TIUIWONI Williams got 10 off the bench.
II] M45
*m BUll scored eight points In the
II
MM Ull
tat vuritr but only added RAIBIR1
11
! "
II
one BUN the rest of the way IRAVIi
II
U M
tl MM
.Houri • Tuii, • ThUfs. • FfI, IBS Sat, 10-2
Thr« Point Shoolmo: linntr ] (or», jthniisn Dior I, ciriaN Mar I, Lilrd I
before fouling out
•or-1. ,
liockM Ihsti; IcHwirnnMcn (Jl. McAIHltar.
furmvirb Oceentlly 14, AbMoaml u.
TurnRttogntfi! Mtldiril,iravii-ii,
ONinilyi RiMuMt! Ocun CityU, Abugimiif,
PtrMMilFouliiKildrt-ii. 1
I
11 '
II
M
I
ii
WE DON'T ADVERTISE
QUICK PRINTING
...WE JUST DELIVER!
(609)398-4375
OCEAN ClTY f
SECRETARIAL SERVICE
1243WK8TAVE,,
OCEAN CITY, NEW JfettflEY
k BU9IHE88 CABItff • MEHU8 • MA1L6M • 8TATEMEHTI • flUHETIH»
COMING THROUGH FOR YOU IN SOUTH JERSEY
8EM1MAB JANUARY 28,1fl8b
, .; .*.
Have you lost your IRA deduction
for 1987 and thflreafter?
Real Eitatafofflrowih and IricdfliB
HI-It
111
tl
00
41
00
00
10
31
00
II
II
ThfM-Polnl Shooting: Blllntro lor l,CsrldtoO(orl.
•IMMd ihotii Thurmsn (I), Wlilimi 111, Bicktrun,
TufiwyMii if liBitsn m, tun Clly-U*.
mRlbsiindt! Bulidoo* 11.Rildtrll,
MtiiiviRlMunVMl9f,0et
t i i R d l V M l 1 f 0 t
Piflwtll P«u!i! iuKdMlili tmdin-31.
POuHdOuli Still,McAllitijr.
TMhnlEil Puulii Coitri Tom Oahr (3).
Bo
14 »I ,
11 I
i !
u
P(l
I
10 o'•
4 "
»•-.
0 •
* ; •
PUBLIC.
NOTICE
CITY OF OCEAN CITY
OCBAH City, New J«rt«y '
/ t-1
TAX^OLLECTIONOPPICB \\
Due to renovations,
the Tax Collector"i Office hai moved
' Wl
totheiecond(2nd) Floor olOtyHflfl;
Pleaieuie Elevator Located on the
Loofl«rb«r/(> - iimim$,i9M 7:30IW,
• .. :>':AV!-•{'!>JS^i -i 'T%br»^> '1 • v ^ r - , . • Y'",'< ' ''TAX COLLECTOR K> '' '"•'
^
Old /tome is history
It ttt«e which itood on
venue In ittmeri Point tor
100 Vcars. ^t least some of the
i tret I oW the site may also be
coming down.
113073 SAMPLE
HOAQ AND SONS
SPRINQPQRT
Panel named to study Point school expansion
Preservation awareness
.•EOINT-A two- seeki to formally reeognlie
ttf ftQwrve a 100- Shore Road, jetwwn Ooll
._._ houk tfltt Bay Avenue and Pleasant Avtnue
Ave., entfttf Thurtitay w« pile and In the bay area, tern
of. rubble, heltthtcnM George Btrtet to Decatur
kHftreneis h«w that old Avenue u hlitorlo areas.
building! will conUnui to wh«t'« needed neit, ac-
dupptir unl«M Action U cording to local preier-
taken by the community to vatlonfiti, ii cooperation
prtierva them.
i City Council, the
mmert Point may won |Bo«rd and historical
hive two diitrtcti on UM •odicldihowtofoUow
rNational fUgliter of HUtorie up on the ipeCUl lUtui.
rn,foUowlii«th«ffl
fUlthflllf Possibilities Include
Application for th« creation of an hlitorlc cmn-
dMlgnatlon. et|Met«d loon. It mlsilon, and review of the
master plan to take historic
structures into greater
consideration,
Formal historic
designation, according to
consultants who prepared the
application, generaWi
a mmunltjil prestige and
(labile* property owwri In
I e district for an Income tax
credit of o percent for
r novatloni made far an
B Bome-proo icuig purpoif i
Sioemlng part of the
National Reilster of HUtorio
Plaoes doesn't force
Iliursday, January 28,1B88
on home owneti,
tettrietWe local
^ Thompaon, of the
ware-baied Hlitory
, said the Show Road
i U i prime candidate
tuoh deiunatlon became
of iu commewlil character
•ltd the trend towards converting
homei into
professional otdoet.
Evjn Reglaur rtatui muit
be followed up by city
leadership If Somer* frolnt U
Upper Township school budget
increase tax rate by 3 cents
By JAMES PITZPATR1CK
genttael-Ledier Staff
TOWNSHIP - The Board of
over last year'i aUoeatlM of
$).t mUUon,
„ hitufc to »»Miid W
_i two rwra here, But wWl*Khool
• lncmiai atrn't intldpitWi tfato
l»«tlMcoftitlwU*$l million In
(hi budget. Th« portion, needed to pay
off bond UNUM, such a* the new ffl.S
million K4 idwol approved by voten
hut September, tort subject to annual
voter approvaL
Major contributor* to Inoreasei, a^
cording to Board buiuiew iecretary
Joyce Ooodman, inelud* * so percent
HM In the cort of Blue Crow and Blue
Shield bafltflti and taerewi in staff to
wp# with itaadUy climbing enrollment
' " ^ predomlnently
under the state
creases In state aid. Unoffldal figures
show assistance may go up at leait H
million over last year, Goodman aald.
Preliminary estimates show a S-eent
Incrajie In thi present ichool tax rate of
79 cents per $100 of valuation, aha aald.
Still unknown la whether Upper
Township Committee will oontlnua It'i
plan to roll back contributions to the
ichool tax burden, which until last year
wai a steady $3.48 million annually,
The township financed ichool
assistance via tax revenues collected by
tin Kato from Atlantic Blaotrlo, and
wo^rtribirtadtothetownihlpforbelnga
halt community to the utility*! B,l*
int townsnip lnfutuiea UM cuta iaft
yaar, citing forecaiti of reduced
revenues from tha aUtlon. They w
pected them to fall ftwit HW ndlon In
But th« admittedly conservative
estimates war* wrong/ tJM ti*U
allocation, eanta In at HT7 mfljlofl/
uHnflllmMinml tvuwvWQ wU Wv9m
Indicated they haven't dUctptd th#
Inner with auditor Kenneth Moon.,
Upp