1962-11-28

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An Official Newspaper
for
Inc. Village of Farmingdale
School District 22
School District 23
School District 18
Town of Oyster pay server Farmingdale'$ / Host Complete Newspaper
Vol. 2 No. 51 Wednesday, November 28, 1962 2nd Class Postage F aid at Massapequa Pari: 10c
First National Bank Nears
Merger With Bankers Trust
Keys To Learning Ntw Christmas stamp Name, Management To Remain
Dr. Richard Burau, right, Principal of Farmingdale High School, pre­sents
the key of the new high school to Joseph Mule, President of the
Student Council- Vice President of die School Board LeRoy Mollineaux,'
looks on. The ceremony marked the dedication of die new school.
t fights Loom for Fire,
Water District Posts
Voters will be given a choice at the polls this coming
Tuesday, December 4th in contests being waged for
the posts of Commissioners of the South Farming-dale
Water District and the South Farmingdale and
North Massapequa Fire Districts.
Albert Nasser, incumbent Com­missioner
of the South Farming-dale
Water District for the past
nine years, who is running for re­election
for a three year term, is
being opposed by James Farley of
118 Washington Road, South Farm­ingdale.
The polls will be open
from 4 to 10 p. m. with voting tak­ing
place at the Farmingdale Fire
District Fire House, South Main
Street and Linden Avenue, and in
North Massapequa at the Norjh
Massapequa Fire House, Broad­way
and Albany Avenue.
Nasser, in a press announcement
pledged that he will continue to
fully participate in the advance­ment
of the welfare of the con­sumers
as he has assisted in the
' careful and adequate planning car­ried
out by the Board of Com­missioners
in the past. He said
mat he plans to work for rate
reductions to consumers as he has
in the past ( reductions took place
in 1956, 1958, and 1961 effective
in 1962, for a reduction of ap­proximately
15% in water billings).
Nasser stated he will continue to
• work for such expansion as is
necessary for die good of the
District's consumers, such as an
additional well now being con­structed
because of growth
requirements. He, cited the low
bonded debt of the District in spite
of the tremendous expansion in
the last ten years. He pledged
to support reducing the bonded
s debt,
Nasser has served for over
seven years as Program Super­visor
at the Grumman Aircraft
plant in Bethpage following his
12 years as foreman.
Nasser has received me full
backing of his fellow water com­missioners
including Ellsworth
* Doc* Allen, Chairman of the
Board.
James J. Farley, stated that
he had been chosen as the TJemo-cratic'
candidate for the Soum
. Farmingdale Water Commis­sioner.
Farley said that he takes
the position that the Water Com­mission,
which has been re­presented
by only one party in the
past, is no longer a proper re-representation
for the, taxpayer,
and that there is need for a two
party representation,.
Mr. Farley also stated mat with­in
the next two weeks, he will
report to the residents of this
area, his findings, based upon
a long time study of the Water
Commission. He promises both
a ' startling and revealing report
of direct concern to each taxpayer*.
In the South Farmingdale Fire
District election to be held on the
same day, December 4th from 4
to 10 p. m., at the SoutJi Farming-dale
Fire Department on South
Main Street, there are two posts
up for vote. One is 5 year term
for Commissioner and the other
is the treasurer's post. Incum­bent
Commissioner Richard Lent
is being opposed by Alfred Guth-eil.
The treasurer's term of
three years, James A. Holmes
incumbent is running unopposed,
In announcing his candidacy,
Alfred ' Al' Gutheil said that he is
an ex- chief and has served as a
volunteer fireman for 30 years.
( Continued on I'ave 12)
Maw Available At P. O.
Availability at the Farmingdale
post office of ample supplies of the
first Christmas postage stamp
ever issued by the United States
was announced by Postmaster Leo
J. Morgan.
The 4£ green, red and white
stamp went on sale in Pittsburgh,
Pennsylvania, November 1, in con­junction
wim the annual convention
of theNational Association of Post­masters
of the United States. The
unusual new issue will be available
at the local post office branches and
stations through December 31.
The Christmas stamp, intended
especially for use on season's
greeting cards, depicts the trad­itional
holiday symbols — burning
tapers and an everpxeen wreath,
KoniediAUii a red i, we i^ t-'- ring
is in Old English.
Issuance of the stamp ties in with
the Post Office Department's
" Shop and Mail Early" campaign,
the Postmaster pointed out. The
stamp will supply a colorful fillip
to greeting cards — and this is in
response to heavy public request,
Mr. Morgan noted.
It will also encourage the use of
first class potal rate for greeting
cards, providing preferred hand­ling
and return- to- sender service
in the event of non- delivery.
The stamp is intended for
general postal use, and plans are to
reissue a Christmas stampduring
future holiday seasons. It will re­main
on sale indefinitely at die
" Philatelic Sales Agency, Wash­ington
25 D. C."
The Christmas issue is regular
stamp size, measuring 0.75 x 0.87
inches, to be issued in panes of
100. Initial printing by the Post
Office Department is 500,000,000
from six plates.
Overnight Parking
May Cause Trouble
The Highway Department of the
Incorporated Village of Farming-dale,
requests that residents of the
Village DO NOT PARK their ve­hicles
on the street overnight, when
snowstorms are forecast.
This request is made to pro­vide
residents with a program of
clearing all streets as quickly as
possible, to prevent possible ac­cidents,
not only to the operators
of the snow clearing equipment,
but also to passing motorists, who
may be forced to swerve or stop,
causing vehicles to skid because
of slippery conditions.
Kiwants Set Charter
Night Dinner Dante
The Kiwanis Club of Farming-dale
will hold its Seventh Annual
Charter Night Dinner and Dance on
Saturday evening, December 1 at
the Old Country Manor, Hicksville.
Ernest Hackwitz, President of the First National
Bank of Farmingdale, and William H. Moore, Chair­man
of the Board of the Bankers Trust Company,
New York City, have announced that an understand­ing
has been reached toward joining forces. Under
the proposed plan, stock of the First National Bank
of Farmingdale will be acquired by a bank holding
company-- the stock of which will be held in trust
for stockholders of the Bankers Trust Company.
Stockholders of the First National Bank of Farming-dale
will receive twelve shares of Bankers Trust
Company stock for each share of stock of The First
National Bank of Farmingdale. The proposed plan is
subject to approval of Federal and State Supervisory
Agencies.
After co, rapleti# n of the transaction, - here will be
no change in the name of The First National Bank of
Farmingdale. It will continue to operate under its
present name and management, with Ernest Hackwitz
as President and Chief Executive Officer. It is ex­pected
that this affiliation with Bankers Trust Com­pany
will provide many opportunities for expanding its
services to its clients and friends in Farmingdale and
vicinity.
Bankers Trust Company is one of the Country's out­standing
financial institutions. It is the fifth largest
commercial bank in the nation. It has capital funds in
excess of $ 320,000,000 and deposits of $ 3,000,000,000.
The First National Bank of Farmingdale has served
Farmingdale and vicinity since its establishment in
October 1907. In 1922 it moved into new quarters at
the corner of Main and Conklin Streets ( now occupied
by the Farmingdale Library). In 1958 it again moved
into more modern quarters at 170 Conklin Street,
where it is now located. The First National Bank of
Farmingdale presently has capitalfunds of $ 2,300,000
and deposits of $ 30,000,000.
Fogg Feted
Farmingdalereside. it Dr. Harold H. Fogg, ( left), Associate Professor
of Accounting at Hofstra College, receives the George M. Estabrook
Distinguished Service \ ward from Dr. JohnCranford Adams, President,
Hofstra College, in recognition of his service to the College.
The George M. Istabrook Award was created to honor the memory of
the late Mayor of Hempstead and Hofstra Trustee.
The official presentation was made recently, at the Hofstra College
Alumni Association Dance at the Garden City Hotel.