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Superior Express
Superior, Nebraska
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April 23, 1992     Superior Express
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April 23, 1992
 

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2B THE SUPERIOR EXPRESS Thursday, April 23, 1992 .... i ii ii I II [ Nebraska Legislature 1 ._ By Sen. Douglas A. Kristens, e n. 37th DistriCt _,_ = i ii ii . • (Continued from Page 1B) fault. We were the next to last government, but to weed out no|functioning programs. In the long run, this will be a cost saving measure for the State of Nebraska. 9. LB 291, drunk driving legislation. The transportation committee, during the summer and fall of 1991, conducted an extensivie study of drunk driving. It had been 10 years since major drunk driving legislation had been reviewed• LB 201 makes numerous changes and improvements in drunk driving enforcement, prevention and conviction. The major new point of LB 291 is the administrative license revocation procedure. In- dividuals who now refuse to take a chemical test, or who test over the legal limit, will have their licenses immediately taken. They will receive a temporary 30-day permit. If at the end of 30 days they have not successfully appealed their unlawful activity, a 90-day license revocation will begin. This procedure has been ex- tremely successful around the United States and is con- stitutional. Nebraska will qualify for federal funds to implement this program. LB 291 is a major step in eliminating the tragedy of drunk driving. 8. LB 262, comparative fault. During the 1991 session, Nebraska switched from a slight-gross system of deter- mining fault to comparative state in the country to move to this system of tort law. LB 262 made refinements in last year&apos;s law. This year's legislation also provided major protections for local political subdivision.s and the state in terms of liability exposure. Cities and counties will no longer be liable for in- spections which were made unless there was a reckless disregard for public health or safety. The state and local govern- ments will not he liable for lawsuits arising from the placement or removal of traffic signs or warning devices. The protections to the state will extend to snow and ice con- ditions or other temporary conditions caused by nature• The state is also protected from lawsuitsarising out of the plan or design for the con- struction of highways. As long as roads are built to design standards, local governments cannot be held responsible for accidents. The state or local subdivisions will not be held liable for want of repair of high- ways unless they had actual or constructive notice of defects within a reasonable time to allow for repairs. These protections were passed into law to prevent unnecessary lawsuits. Many times, the state is included in a lawsuit to gain settlment amounts, or to act as the deep pocket. With the change in • comparative fault laws, it is important to protect the state from additional lawsuits., 7. LB 958, mandatory use of seat belts. Beginning in 1993, Nebreskans will be required to use seat belts if their automobiles originally were equipped with such devices. This piece of legislation is in direct response to the mandate by the federal government to have a seat blt law. If Nebraska did no implement this piece of legislation, nearly $4 million would be spent an= nually for seatbelt education.We currently spend $50,000 a year for such efforts in Nebraska. The lost money would come from highway construction funds. This loss of revenue would result in projects being delayed across the State of Nebraska. Instead of seat belt use being a question of policy, it has become an economic issue in the State of Nebraska• 6. LB 1059 No, this is not the LB 1059 of two years ago which changed state aid to schools. This year's version of LB 1059 is judicial redistricting. Judicial redistricting last occurred in 1961. Efforts have been made for many many years to fairly redistrict our judicial resour- ces. A new procedure has been established to determine where judges should be placed throughout the State of Nebraska when a vacancy ococurs. The legislature will be more involved in the placement of judges. 1 am not certain judicial redistricting will be good for every area of the state. However, the overall impact of judicial redistricting should result in the more efficient utilization of the state's judicial Glenda Thayer, manager of the Superior Chamber of Commeme, presented Gary Walton (center) and his brother, Guy, of Superior Archery their first dollar of clear profit plaque recently. attorney for health care. For more than 10 years, the Nebraska Legislature has struggled with living wills and durable power of atrneys for health care. This ybar, both measures passed. Nebraska was one of the last state in the county to pass living will legislation. I believe our living willis a stronger document than in other states. You should consult your attorney for the preparation of living wills or durable power of attorney. Living wills recognize a per- son's right to die and the at- tending authority to determine how you want to handle these many struggles over bank structure• I do not expect to see any further major banking legislation in the next two years. 2. LB 1063, personal property taxation. Much has been written about LB 1063. I believe it represents the best available plan of taxation for many Nebraskans. It does protect agriculture and small business from the taxation of in- ventories. Some people may bne disappointed and frustrated over LB 1063• I will be mailing additional information about LB 1063 _at a later date. Cer- tainly, the provisions of LB 1063 opportunity to change the Nebraska Constitution and maintain a stable taxation system. The failure to approve Constitutional Amendment No. 1 will result in the taxation of personal Broperty at full market value• I believe this would include inventories and possible religious, charitable and household personal property. I do not believe these risks are worth the risk of not passing the amendment• Amendment No. I will allow for the taxqtion of personal property at a depreciated value system or the taxation of all personal property, or the elimination of all personal property tax. The constitutiov=sl amendment is flexible and would allow the state to change with the court decisions and other federal legislation that • may come in the future. There were many other pieces of legislation which dasrve attention. Honorable mention goes to LB 111 which now aggregates theft offenses. This piece of legislation has been around for many many years and has finallly gained favor with the legislature. It would allow prosecutors to punish criminals for a series of small thefts, rather than each theft as an individual act. Honorable mention also should go to LB 899, which allows the roads department to acquire property for wetlands (From Our Sixty-five Years Ago In 1893 the Heuningsen family mitigation purposes. Currently, the department does not have the authority to condemn property for we tlands mitigation. Wetlands are required by the federal government to be replaced when building or reconstructing roads. Approximately 20 to 25 percem of all road projects will be affected by this legislation. If LB 899 was not passed, highway construction would be slowed and the ultimate cost of con- struction would increase. Finally, LB 523, the mentally disordered sex offender program has been eliminated. The purpose of the bill is to reduce re-offense thereby making communities safer and to ensure better use of scarce mental health resources and avoid using valuahle tax dollars on individuals who cannot benefit from treatment. This will also help relieve the overcrowding problem at the regional center in Lincoln and allow for a more effective treatment program. It is impossible in a short space to describe all the legislation which was passed this year. If you have any questions, I would be most happy to answer them or send you copies of any legislation which was passed this legislative session. My address is: Sen. Doug Kristensen, Wilton, Ed Hall and Kronberg. The Scouts have berry trees in Mrs. George after 31 years at National Bank. Funerals were Nielsen, Will Tanner, Amy Martens and Ten Years An additional hired to teach next year. is to be about 60. Bob the All Sports Jason Studer took Chad Wilson and Todd Smidt Shawn Robinson was the race section Studer, second She||base, third. Doug Cassens set s record on his way held in Salina. Allen Theobald assigned to Nebraska Highway The Burlington passenger station in S being razed. It passengers passenger trains Gary Bargen athletic District 37, State Lincoln, Neb• 68509. Early Files) Superior with 190 attending the organization meeting. Capitol, . Superior is garage sales Construction of the he used for the weekend moved into in the shop Hi[h School. The Nuckolls Mrs. Department will ,,, ,,,, , ,H,  H ' , resources• situations, will be refined in the coming came herefromSalina, entered William Dahms was elected dog capable of. ,XTI :4.,,,,,.qPl,., ,,,, 5. LB 948, water use permits. 3. LB 470, branch banking, years. LB 1063 was the the produce business and now president. Other officers are drugs. /   ¥ v Hltlly IIIUIII IJ:bUll This piece of legislation has a This is a major piece of banking governor's personal property are the second oldest firm still Mrs. Mark Muffley, Kenneth Dr. Tim Blecha / .... ,n,, .....  T ....... A,-,,,,, g, major impact on south central legislation for the State of tax plan• - remaining, Day and Frees Hurd and Keith Robinson• Rutten, Beloit, retU flf./ lll;3Ulallt./IUIIIL, y, 111, Nebraska ensuring the issuance Nebraska. It would allow for I. LR 219CA. This piece of Lumber company being first. The Hotel Dudley will he Monday after pa.rti "':--'. ,, ,.  .. _ --, of water permits to 33,000 unlimited branch banking in legislation has become the They have recently installed convention headquarters for the London Mara( tall Tar JtlSllrl, Larry, A.J. acres of irrigated land. This three counties in the State of proposed Constitutional much new machinery, approximately 50 delegates to for A" "^ omc^wr  '-' ...... :"l  ..... legislation was necessary Nebraska. Douglas, Sarpy and Amendment No. I which will The Rust building at Hardy the District 7 United Cement, ULL-I] U 11 b-k..Ulllllllt.lt -FtlIII because of the failure to Lancaster County will now be appear on the May primary was sold at referee sale Monday Lime and Gypsum Workers (IIAIITV. iiTIIAItIIITV. QiTDVI(W register new water permits, able to exercise unlimited ballot. Passage of this amend- to Wiliiam Blauvelt of Superior. International Union. Leland " .......................... -' The errors in registration of branch banking. Because of ment, inmyop'nion, is essential It was bid in for $3,150. Burge is president of the |( ot/,'. • " " permits in the past have been federal court rulings, to maintain a stable taxation Our Way of Doult Bzlsz/zess - Since 1929 ....... w.G. Montgomery, former district. --  .  correctea and I am sure that Nebraska's current banking system. Thin legmlatmn has Superior merchant and owner Robert Stineman, Fred t'nonc402-879-3315 future water permit structure was in question, been highly publicized and I of the Montgomery clothing Warneking and Clarence TrafficCOg llTWcstThirdStreet-Superior, Ncb. requirements will he taken Through LB 470, many changes also will be sending information store died at his home in Los Geiswinkler left for Washington Speeding: DaWn , , , i ,  "  more seriously• Without this have been made and the federal about the constitutional Angeles. where they will report hack for $15; Marvin L. Ham' piece of legislation, economic loopholes closed, This bill is amendment to anyone who is Fifty Years Ago duty on the U.S.S. Essex• Lars R. Arganbright,  I / / /  ..... -el,--. I crisis could have occurred in very progressive and I think interested. This change in the Rationing of sugar is next on Pedersesn is also stationed on Williams, $30; Hei I l l l ailUllJV I south central Nebraska. sets the stage forfuture banking Nebraska Constitution is the program, the Essex and arrived home for cher, $30; Cameron 1    ---- _   ---_------I _ 1 4. LB 671 and LB 696, living legislation within the next five significant. Harlan Meyer and Kathryn a 30-day leave. $15; Carla J. SchOen, I Ikll3lIDl ItiHRI U*nb I wills and durable power of years. LB 470 signais the end to I believe we will only get one Bishop were married at Thirty Years Ago L. TaI• lkington, $30'0; IConsolitidesaOrn" k I mmmLS Philiipsburg. Mr. and Mrs• Frank Stubbs Volkrner,$30. , Soloists and small groups purchased the Wendell Beal Sarah L. Stensoe;' winning superior, ratings in the home at eighth and Washington sg, $30; co district music contest were streets, plreaoperator'sliCe Apri Denny Meyer, Claudia Ron Konvalin was badly costs. of laseof business on March 31, / I k;nl $ v.w ...... Unlp$  \\; I Newenswander, Bob Meyer, injured in a motorcycle mishap Ronda N. Vork, Reg $1 49 ,-ach [1992lero[tbeGur-  / _111 I" .$1.49Each   I DonBoyd, Joy Jordan and Ruth near Lovewell Lake. Dwight influence of a]c : [C'v<ie, Secfion161. Charter Number I  J O'V&up [ A  , ] | Lionberger. Mixed chorus, Boys Brandt was injured when his $300 and costs, 1 [14183 Comptroller of e Currency10th District. i *: ' [ mt='' I Fol =° i | and girls glee duh and the band motorcycle crashed into a car. probation, license  [ ASSETS i I  Viva 1%Milk] " _' _ " I all received superior ratings. Two Yellow Diamond Lines for 60 days. , [ Statement of Resources and Uabilides I [ i [ ., uamn [ [   | II Five employees of Consumer busses transported the senior Probate Del.r Power Company, Herbert class to Omaha for its annual Estate of LaUO CaShNoninterest_bearingand balances dUebalancesfrOm depositorYand currencyinStituti°ns: II Ji P$219" '1• 71B lJ J"Y="..i  %''-'="ow. J:al=lKlJ'll[  [i ]1 Bucknell, Floyd Benjamin, sneak day. They left at 4 a.m. dersen. Amended ; ! andcon .............................................................. : ...... :I,3,000.00 I ICoC.  l ts Vl... 4 251 I Keith Bradrick, Fred Posvar Thursday and returned home at Estate of Lydia Interest-bearing balances ............................................ 2,277,000.00 I i -Mtm- Refm- , ]  [ aza ouo • | and Robert Vonderhaar, left to 4 a•m Friday. Order for complete 00=r,t,es ........................................................................ ,o,,0000,ooo.oo I I I I¢ S 4 OOI I work at the ordinance plant The Bill Lane home in Nelson Schedule of distribe Federal fundssold .................................................................... 400,000 = . . ._____- _ . .._.. = being erected at Wahoo. burned to the ground. The receipts. Securities purchased under agreements to resell ............................. -O- | [ . | "  . /VPUH • J   ll I Forty Years Ago family barely escaped. Estate of Vela: Loans and lease financing receivables: l [ Pepsi Products [ sn, we.= i ]]]]!1) [] | Terteling Construction Twenty Years Ago Order deterrni; Loans and leases, netof II I ." i ,Pu.w.,t= -- | l Company was the low bidder for The west'entrance to the assessing inhert unearned income 3292700000 I [ $4 95 __= I cup i-'= ' i m--lHr--I construction on section two of13 Nuckolls County court house formal order f 0r -- ............................. i c  , LES:A, owancefor,o.n I I Y" L"L' / HH I miles of Courtland Canal in will be closed to make ad- settlement. . ( ' Estate of ClarenC and lease losses ................................ 389,000.00 |    ] d_dld  / a]tfl, [] | Jewell County for $1,420,348• ditional space in the assessor s Inventory.  5, LESS" Allocated transfer • \\; --'- ,,m,l i !:]1; "" ./ .... v ....... II With the total of 5.26 inches of office. • " , € V • ,- ................ : ..................................... - /  ,, 4 = :, I anxiousrain sincetoMarChget intol' farmerSthe fields.are frontPicturedof thePlantingSuperiortreesHighin DelbertReal EstateL.   r' I="' Loans and leases net of Vi * sh * . . /'U r /IIIIU . , . • VJlkll *CIsh*II¢OV' Chl¢k MC ,1't/ Vl,, _'.'u r I=.=u • A Parent-Teacher School were FFA advisor Bill If,lller to NadineC; 1 unearneo income a,owance _ __ \\;-,.,,.. .1 Superior. Neb. =v ' Jl ."..'f.":N  ., ,.,, o=.,. Association was organized in Nielsen, Larry and Daryl Part Lots l and 2, Bl ,i! 1 and reserve ............................................................... 32 538,000.00 _ _ ll ,, li = Superior. i l AssetSpremisesheldandin fixedtradingassetsacc°unts ............................................... .......... -0- ,fL.i C" -' UUR Arte O.=lt A".I lrt r = .- =,,.J-- -.  CouPoN= ",.'- =- =" - "1 Bonin.EmilieNbNEv4B°nin "WO'"" l• (including capitalized leases, ......................................... 284,000.00 I,,e 1 \\;_ AJy d | Vernon J. and IP, .veVZ k-- Otherrea|estateownedlflvestmens in unconsolidated .................................................................... -0-  - 0% -i', t)" "i: I Tun e__.,m," Pla* i PartEVan NEV4SW¼I; "l]w. and Be .... i| ereTh j andas.00atedcem00.nies ..................................... .o. *-,,---,,-, ---,, 00m99 I V.van and Customers' liability to this bank • l • •' 1 ' rid" " | | on acceptances outstanding ........................................................ -O- VUIl .L." UllI I =; .... ':" ,Ml."i L- vn-- • VernonJ. andT'4|qe,. Intangible assets ............................................................................... -O- __ ....... II ".IlR=.'' Coupon Ex Yes Wednesda, A ni 22_ | e Other assets ..................................................................... 1,200,000.00 rota, assets .......................... : ......................................... 4,,.,000.00   L d I  _ . I " ] T Losses deferred pursuant to 12 U.S.C. 1823) ............................... N/A I u []lA li i i 420 East Third I !1 -  i Totalassetsandlosses I if I i • li Jii deferred pursuant to12 U.S.C. 1823(j) ..................... 49,394,000.00 IV I nWKvnwnl u Superior, Neb.  V ll'Ji ,,."U"C"CW--" LIABILITIES  -- '" -- -------- .I 402-879-4710 I=,LUJI ! IF %r Deposits: Interest-bearing 41,299,000.00 L T ..................................................... ,,o.ooooo IMI00'/I 1 _ Noninterest-bearing ....................... 3,747,000.00 • v • l • • imi Medals- ! Federal funds purchased .................................................................. -0- --  Securities sold under agreements to repurchase .............................. -0- Demand notes issued to U.S. Treasury ................................................................... 35,000.00 Other borrowed money ..................................................................... -0- Mortgage indebtedness and obligations under capitalized leases .............................................................. -0- Bank's liability on acceptances executed and outstanding ............................................................ -O- Subordinated notes and debentures ................................ 1,000,000.00 Other liabilities ..................................................................... 454,000•00 i Total liabilities ............................................................... ,46,535,000.00 Limited-life preferred stock and related surplus ................................ -O- EQUITY CAPITAL Perpetual preferred stock and related surplus ............................ i ..... -O- Common Stock .................................................................... 500,000.00 Surplus: ............................................................................... Soo,o00.oo Undivided profits and capital reserves .............................. 1,859,000.00 LESS: Net unrealized loss on marketable equity securities .............. -O- Total equity capital ............................................................ 2,859,000.00 Lses deferred pursuant to 12 U.S.C. 1823(]) ............................... N/A deferred pursuant to 12 U.S.C. 1823(j) ....................... 2,859,000.00 Total liabilities, limited-life preferred stock, equity capita and losses deferred pursuant to 12 U.$.C. 18230) .................................... 49,394,000.00 I, Lynnette Higer, Asst. Cashier of the above-named bank do hereby declare that this Report of Condition is true and oorrect to the best of my knowledge and belief. Lynnette Higer 4-14-92 We, the undersigned directors, attest to lhe cermet|ass of this state- ment of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in , corff:>rmance with te istruc:ions and is true and correct. Steve Wdght : Steve Riggert ; :fl Hobson, Directors L I I I DEMOCRAT FOR COUNTY COlVIlVIISSIONER IN DISTRICT II To you, the people of my district - I have served you in the past and would like to serve you in the next 4 years. " . I have more than 7 years experience as your county commissioner and past chairman of the board. 7 years chairman of Region 13 Civil Defense Board 7 years county representative to Central Community College 11 years Davenport School Board 3 years Church Board - First Community Church Oak 3 years Farm Home Administration Board Member of V.F.W. and American Legion A Korean War Veteran Lifelong resident of my district Believe in good county government I'VE LISTENED TO YOU THE PEOPLE I CARE- IF YOU CARE Your vote in May. will be appreciated This [ paid for by Robert amsula CONVERTS FROM 'BAGGER" TO "MULCHER" IN SECONDS - - - NO BOLTS OR TOOLS 90 DAYS SAME AS CASH -- NO MONEY DOWN Superior Hardwarel "Ace is the P/ace" Jack and Gladys Stinson 250 N CentralSupedor, Neb. 402-879-4119 II II I III II ,6: r We own it. E We service it. I; You forget ifl Installation E.xt r